{
  "ticker": {
    "uuid": "cd3de370-89c2-491d-a1f3-2368ea009d87",
    "symbol": "THG",
    "name": "The Hanover Insurance Group Inc",
    "exchange": "NYSE",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 76.544,
    "architecture_energy": 68.831,
    "architecture_maturity": 43.058,
    "architecture_confidence": 79.453,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 3.85,
        "rotation_up": 74.71,
        "upward_expansion": 87.67,
        "deceleration": 54.02,
        "rotation_down": 14.62,
        "downward_expansion": 12.0
      },
      "activity_lines": [
        224.713333,
        219.013561,
        207.499645,
        199.17993
      ],
      "activity_state": "Wide",
      "activity_direction": "Stable",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 229.08,
    "trend_reference": 189.196119,
    "distance_from_trend": 0.210807,
    "trend_direction": "Improving",
    "fair_value": 152.03672,
    "distance_from_fair_value": 0.506741,
    "fair_value_direction": "Improving",
    "relative_strength": 11.543805,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.315237,
    "excess_performance": 0.189612,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.210807,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.063368,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.506741,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.194749,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.115438,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.147294,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.315237,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.286192,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1291139,
      "relative_activity": 0.855942,
      "balance": 2.286192,
      "dry_up": 1.100018,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.047876,
      "annualized_volatility": 0.219445,
      "from_high_reference": -0.029589,
      "from_low_reference": 0.41263
    },
    "levels": {
      "trend_reference": 189.196119,
      "fair_value_reference": 152.03672,
      "structural_low": 167.463155,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 30,
        "median_return": 0.012927,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.004904,
        "regime_survival": 0.766667,
        "best_return": 0.115686,
        "worst_return": -0.115368,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": 0.037281,
        "positive_rate": 0.727273,
        "directional_follow_through": 0.727273,
        "median_excess_return": 0.012552,
        "regime_survival": 0.727273,
        "best_return": 0.12912,
        "worst_return": -0.11304,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.065264,
        "positive_rate": 0.857143,
        "directional_follow_through": 0.857143,
        "median_excess_return": -0.005249,
        "regime_survival": 0.714286,
        "best_return": 0.266859,
        "worst_return": -0.09093,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.148788,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.023882,
        "regime_survival": 0.666667,
        "best_return": 0.354138,
        "worst_return": -0.041839,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-01",
        "end": "2024-03-22",
        "tenure": "Established",
        "return": 0.030491,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-03-29",
        "end": "2024-05-10",
        "tenure": "Developing",
        "return": -0.005508,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-17",
        "end": "2024-06-07",
        "tenure": "New",
        "return": -0.059756,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-14",
        "end": "2024-06-21",
        "tenure": "New",
        "return": 0.02375,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-06-28",
        "end": "2024-07-19",
        "tenure": "New",
        "return": 0.071827,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-07-26",
        "end": "2024-08-02",
        "tenure": "New",
        "return": 0.028015,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-09",
        "end": "2024-12-27",
        "tenure": "Established",
        "return": 0.174465,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-02-14",
        "tenure": "Developing",
        "return": 0.061749,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-21",
        "end": "2025-07-04",
        "tenure": "Established",
        "return": 0.058478,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-11",
        "end": "2025-08-22",
        "tenure": "Developing",
        "return": 0.074462,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-29",
        "end": "2026-01-23",
        "tenure": "Established",
        "return": -0.013088,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-01-30",
        "end": "2026-02-13",
        "tenure": "New",
        "return": -0.013437,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-20",
        "end": "2026-05-08",
        "tenure": "Developing",
        "return": 0.081039,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-15",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.182599,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 99.53855,
        "volume": 772920,
        "typical_volume": 872910.35,
        "trend": 112.693503,
        "fair_value": 116.667484,
        "relative_strength": -22.625141,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.856278,
        "energy": 48.60676,
        "activity_lines": [
          102.233182,
          103.077797,
          104.904473,
          107.818953
        ]
      },
      {
        "date": "2023-08-25",
        "close": 98.429252,
        "volume": 966900,
        "typical_volume": 888459.15,
        "trend": 111.892441,
        "fair_value": 116.713418,
        "relative_strength": -23.688595,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.302277,
        "energy": 63.365421,
        "activity_lines": [
          100.728638,
          102.099004,
          104.06409,
          106.898678
        ]
      },
      {
        "date": "2023-09-01",
        "close": 101.002078,
        "volume": 685797,
        "typical_volume": 890449.6,
        "trend": 110.892903,
        "fair_value": 116.802384,
        "relative_strength": -23.237984,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.475465,
        "energy": 60.284986,
        "activity_lines": [
          100.385594,
          101.752571,
          103.568344,
          106.196074
        ]
      },
      {
        "date": "2023-09-08",
        "close": 97.413172,
        "volume": 830690,
        "typical_volume": 879993.7,
        "trend": 109.760857,
        "fair_value": 116.891934,
        "relative_strength": -24.612178,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.344943,
        "energy": 70.158746,
        "activity_lines": [
          99.153248,
          100.788523,
          102.801402,
          105.326414
        ]
      },
      {
        "date": "2023-09-15",
        "close": 104.283432,
        "volume": 1412009,
        "typical_volume": 887198.1,
        "trend": 108.851074,
        "fair_value": 117.033606,
        "relative_strength": -18.696535,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.131114,
        "energy": 41.311787,
        "activity_lines": [
          100.698209,
          101.218188,
          102.759144,
          104.973032
        ]
      },
      {
        "date": "2023-09-22",
        "close": 105.579228,
        "volume": 885415,
        "typical_volume": 856222.65,
        "trend": 108.097934,
        "fair_value": 117.201885,
        "relative_strength": -14.708094,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.794411,
        "energy": 20.202972,
        "activity_lines": [
          102.513519,
          101.904297,
          102.87068,
          104.761945
        ]
      },
      {
        "date": "2023-09-29",
        "close": 104.208314,
        "volume": 808124,
        "typical_volume": 864495.5,
        "trend": 107.360727,
        "fair_value": 117.344255,
        "relative_strength": -14.726134,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.647078,
        "energy": 17.395981,
        "activity_lines": [
          103.469147,
          102.279962,
          102.873576,
          104.511002
        ]
      },
      {
        "date": "2023-10-06",
        "close": 104.302212,
        "volume": 819098,
        "typical_volume": 871273.2,
        "trend": 106.863361,
        "fair_value": 117.474316,
        "relative_strength": -14.496881,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.413637,
        "energy": 21.216774,
        "activity_lines": [
          104.070802,
          102.650504,
          102.917524,
          104.313678
        ]
      },
      {
        "date": "2023-10-13",
        "close": 107.729499,
        "volume": 1160953,
        "typical_volume": 882381.75,
        "trend": 106.703519,
        "fair_value": 117.618152,
        "relative_strength": -11.410991,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.347311,
        "energy": 17.393948,
        "activity_lines": [
          105.594878,
          103.667915,
          103.316148,
          104.369558
        ]
      },
      {
        "date": "2023-10-20",
        "close": 108.180211,
        "volume": 1155950,
        "typical_volume": 902271.35,
        "trend": 106.504399,
        "fair_value": 117.740571,
        "relative_strength": -8.399464,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.084205,
        "energy": 24.628029,
        "activity_lines": [
          106.581436,
          104.712582,
          103.739761,
          104.464829
        ]
      },
      {
        "date": "2023-10-27",
        "close": 107.288177,
        "volume": 834328,
        "typical_volume": 906970.95,
        "trend": 106.116033,
        "fair_value": 117.891345,
        "relative_strength": -6.280396,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 19.378488,
        "energy": 29.114398,
        "activity_lines": [
          107.010864,
          105.480142,
          104.070678,
          104.515395
        ]
      },
      {
        "date": "2023-11-03",
        "close": 109.532346,
        "volume": 977176,
        "typical_volume": 903264.85,
        "trend": 105.788898,
        "fair_value": 118.030851,
        "relative_strength": -8.9497,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.913413,
        "energy": 42.880754,
        "activity_lines": [
          108.074419,
          106.514831,
          104.614036,
          104.735802
        ]
      },
      {
        "date": "2023-11-10",
        "close": 106.330415,
        "volume": 883183,
        "typical_volume": 903694.05,
        "trend": 105.472274,
        "fair_value": 118.075737,
        "relative_strength": -12.278056,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.572851,
        "energy": 30.035355,
        "activity_lines": [
          107.715727,
          106.765476,
          104.842679,
          104.770739
        ]
      },
      {
        "date": "2023-11-17",
        "close": 111.184956,
        "volume": 1321943,
        "typical_volume": 926524.0,
        "trend": 105.438721,
        "fair_value": 118.141637,
        "relative_strength": -9.791256,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 41.253115,
        "energy": 38.346149,
        "activity_lines": [
          108.840003,
          107.801886,
          105.517431,
          105.139299
        ]
      },
      {
        "date": "2023-11-24",
        "close": 114.22726,
        "volume": 600775,
        "typical_volume": 918741.2,
        "trend": 105.557486,
        "fair_value": 118.222661,
        "relative_strength": -7.658694,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 75.61163,
        "energy": 63.373837,
        "activity_lines": [
          110.748016,
          109.141046,
          106.45421,
          105.706301
        ]
      },
      {
        "date": "2023-12-01",
        "close": 117.457361,
        "volume": 1148364,
        "typical_volume": 935634.6,
        "trend": 105.799964,
        "fair_value": 118.318721,
        "relative_strength": -5.31417,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.542952,
        "energy": 75.304176,
        "activity_lines": [
          113.329593,
          110.886701,
          107.656726,
          106.474035
        ]
      },
      {
        "date": "2023-12-08",
        "close": 119.119361,
        "volume": 818680,
        "typical_volume": 935867.95,
        "trend": 106.072235,
        "fair_value": 118.429813,
        "relative_strength": -3.722235,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.484871,
        "energy": 83.926269,
        "activity_lines": [
          115.787224,
          112.718571,
          108.944939,
          107.333351
        ]
      },
      {
        "date": "2023-12-15",
        "close": 115.908482,
        "volume": 1351348,
        "typical_volume": 958440.05,
        "trend": 106.261233,
        "fair_value": 118.511752,
        "relative_strength": -7.991656,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.697075,
        "energy": 79.318406,
        "activity_lines": [
          116.535428,
          113.695535,
          109.850537,
          107.967948
        ]
      },
      {
        "date": "2023-12-22",
        "close": 115.000879,
        "volume": 639348,
        "typical_volume": 940131.6,
        "trend": 106.629162,
        "fair_value": 118.593463,
        "relative_strength": -8.942527,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.588303,
        "energy": 73.068671,
        "activity_lines": [
          116.342559,
          114.296457,
          110.620643,
          108.531796
        ]
      },
      {
        "date": "2023-12-29",
        "close": 114.792886,
        "volume": 360878,
        "typical_volume": 921693.95,
        "trend": 106.90377,
        "fair_value": 118.669098,
        "relative_strength": -8.84286,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.228314,
        "energy": 51.980299,
        "activity_lines": [
          115.825965,
          114.727356,
          111.321989,
          109.058488
        ]
      },
      {
        "date": "2024-01-05",
        "close": 117.421154,
        "volume": 696902,
        "typical_volume": 917893.05,
        "trend": 107.25056,
        "fair_value": 118.745431,
        "relative_strength": -4.716105,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.774329,
        "energy": 47.481148,
        "activity_lines": [
          116.147752,
          115.51589,
          112.212061,
          109.737029
        ]
      },
      {
        "date": "2024-01-12",
        "close": 116.22047,
        "volume": 616056,
        "typical_volume": 900350.85,
        "trend": 107.541884,
        "fair_value": 118.816213,
        "relative_strength": -6.90773,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.800956,
        "energy": 42.139293,
        "activity_lines": [
          116.071724,
          115.901883,
          112.902626,
          110.315733
        ]
      },
      {
        "date": "2024-01-19",
        "close": 121.71336,
        "volume": 574458,
        "typical_volume": 894783.9,
        "trend": 108.16825,
        "fair_value": 118.93587,
        "relative_strength": -3.291524,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.607565,
        "energy": 54.790379,
        "activity_lines": [
          118.01992,
          117.164981,
          114.031604,
          111.230021
        ]
      },
      {
        "date": "2024-01-26",
        "close": 123.736559,
        "volume": 784342,
        "typical_volume": 892466.5,
        "trend": 108.780645,
        "fair_value": 119.093964,
        "relative_strength": -2.309547,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.086091,
        "energy": 76.018364,
        "activity_lines": [
          120.255523,
          118.516243,
          115.254642,
          112.234428
        ]
      },
      {
        "date": "2024-02-02",
        "close": 123.755467,
        "volume": 949687,
        "typical_volume": 869350.4,
        "trend": 109.391496,
        "fair_value": 119.24642,
        "relative_strength": -3.148896,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.80963,
        "energy": 79.311202,
        "activity_lines": [
          121.91505,
          119.642732,
          116.354131,
          113.200546
        ]
      },
      {
        "date": "2024-02-09",
        "close": 124.691433,
        "volume": 856542,
        "typical_volume": 867906.75,
        "trend": 110.140746,
        "fair_value": 119.394598,
        "relative_strength": -3.187504,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.049884,
        "energy": 84.337588,
        "activity_lines": [
          123.28906,
          120.766157,
          117.450037,
          114.187639
        ]
      },
      {
        "date": "2024-02-16",
        "close": 128.463658,
        "volume": 787920,
        "typical_volume": 866896.55,
        "trend": 110.989947,
        "fair_value": 119.57825,
        "relative_strength": 0.612184,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.035502,
        "energy": 89.670197,
        "activity_lines": [
          125.435793,
          122.443912,
          118.814191,
          115.369762
        ]
      },
      {
        "date": "2024-02-23",
        "close": 128.161124,
        "volume": 642101,
        "typical_volume": 858046.7,
        "trend": 111.741749,
        "fair_value": 119.748444,
        "relative_strength": -0.705772,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.957433,
        "energy": 84.136583,
        "activity_lines": [
          126.66547,
          123.896764,
          120.03403,
          116.47758
        ]
      },
      {
        "date": "2024-03-01",
        "close": 121.836265,
        "volume": 886979,
        "typical_volume": 844348.0,
        "trend": 112.312242,
        "fair_value": 119.838567,
        "relative_strength": -5.958799,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.807118,
        "energy": 57.305709,
        "activity_lines": [
          125.357009,
          123.976867,
          120.537889,
          117.128839
        ]
      },
      {
        "date": "2024-03-08",
        "close": 123.008585,
        "volume": 726860,
        "typical_volume": 822893.5,
        "trend": 113.017205,
        "fair_value": 119.895329,
        "relative_strength": -4.310408,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.169102,
        "energy": 49.8547,
        "activity_lines": [
          124.566007,
          124.14584,
          121.086221,
          117.818926
        ]
      },
      {
        "date": "2024-03-15",
        "close": 122.827774,
        "volume": 827487,
        "typical_volume": 822551.45,
        "trend": 113.793512,
        "fair_value": 119.936852,
        "relative_strength": -4.016388,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.824371,
        "energy": 36.783594,
        "activity_lines": [
          123.764527,
          124.132561,
          121.546723,
          118.451866
        ]
      },
      {
        "date": "2024-03-22",
        "close": 121.038697,
        "volume": 967907,
        "typical_volume": 822088.0,
        "trend": 114.547161,
        "fair_value": 119.968325,
        "relative_strength": -7.049303,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.849738,
        "energy": 23.500524,
        "activity_lines": [
          122.490933,
          123.695693,
          121.762838,
          118.919297
        ]
      },
      {
        "date": "2024-03-29",
        "close": 129.584396,
        "volume": 779644,
        "typical_volume": 816911.05,
        "trend": 115.499904,
        "fair_value": 120.058553,
        "relative_strength": -0.480363,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.825331,
        "energy": 37.920945,
        "activity_lines": [
          124.560902,
          124.724985,
          122.738037,
          119.889441
        ]
      },
      {
        "date": "2024-04-05",
        "close": 123.779411,
        "volume": 632900,
        "typical_volume": 782458.9,
        "trend": 116.378779,
        "fair_value": 120.086872,
        "relative_strength": -3.662359,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.301914,
        "energy": 31.498544,
        "activity_lines": [
          124.600991,
          124.555715,
          123.049647,
          120.423603
        ]
      },
      {
        "date": "2024-04-12",
        "close": 122.218727,
        "volume": 731908,
        "typical_volume": 789015.55,
        "trend": 116.976622,
        "fair_value": 120.108933,
        "relative_strength": -3.122292,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.678835,
        "energy": 24.537278,
        "activity_lines": [
          123.991309,
          124.101905,
          123.152646,
          120.800374
        ]
      },
      {
        "date": "2024-04-19",
        "close": 124.740565,
        "volume": 905670,
        "typical_volume": 776880.85,
        "trend": 117.615333,
        "fair_value": 120.144775,
        "relative_strength": 2.202521,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.217499,
        "energy": 32.005476,
        "activity_lines": [
          124.274897,
          124.134552,
          123.457767,
          121.301273
        ]
      },
      {
        "date": "2024-04-26",
        "close": 123.322626,
        "volume": 873667,
        "typical_volume": 779630.2,
        "trend": 118.252477,
        "fair_value": 120.150009,
        "relative_strength": -1.353336,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.864154,
        "energy": 20.964797,
        "activity_lines": [
          123.958319,
          123.908498,
          123.593163,
          121.669486
        ]
      },
      {
        "date": "2024-05-03",
        "close": 127.176755,
        "volume": 1189978,
        "typical_volume": 771561.7,
        "trend": 119.014962,
        "fair_value": 120.161383,
        "relative_strength": 1.302405,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.513811,
        "energy": 28.600743,
        "activity_lines": [
          124.774189,
          124.476669,
          124.075604,
          122.245246
        ]
      },
      {
        "date": "2024-05-10",
        "close": 128.870669,
        "volume": 604596,
        "typical_volume": 769824.1,
        "trend": 119.719668,
        "fair_value": 120.176688,
        "relative_strength": 0.975632,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 62.870387,
        "energy": 39.608809,
        "activity_lines": [
          126.315207,
          125.370721,
          124.665712,
          122.881098
        ]
      },
      {
        "date": "2024-05-17",
        "close": 130.907172,
        "volume": 561666,
        "typical_volume": 779863.5,
        "trend": 120.477233,
        "fair_value": 120.219639,
        "relative_strength": 1.061302,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.201819,
        "energy": 58.67101,
        "activity_lines": [
          128.195641,
          126.507149,
          125.383725,
          123.602872
        ]
      },
      {
        "date": "2024-05-24",
        "close": 125.987209,
        "volume": 637456,
        "typical_volume": 776891.2,
        "trend": 121.100534,
        "fair_value": 120.235254,
        "relative_strength": -2.634378,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.784011,
        "energy": 52.099089,
        "activity_lines": [
          127.856858,
          126.605427,
          125.556436,
          123.958354
        ]
      },
      {
        "date": "2024-05-31",
        "close": 125.549456,
        "volume": 712056,
        "typical_volume": 781691.2,
        "trend": 121.634438,
        "fair_value": 120.248233,
        "relative_strength": -2.480065,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.178818,
        "energy": 40.657455,
        "activity_lines": [
          127.289048,
          126.566669,
          125.646666,
          124.245382
        ]
      },
      {
        "date": "2024-06-07",
        "close": 123.084716,
        "volume": 856285,
        "typical_volume": 795782.55,
        "trend": 122.192914,
        "fair_value": 120.239302,
        "relative_strength": -5.418879,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 28.800064,
        "energy": 16.48082,
        "activity_lines": [
          125.751203,
          125.997764,
          125.457734,
          124.338948
        ]
      },
      {
        "date": "2024-06-14",
        "close": 115.804694,
        "volume": 865671,
        "typical_volume": 799849.0,
        "trend": 122.346906,
        "fair_value": 120.240768,
        "relative_strength": -12.216264,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.997368,
        "energy": 26.385143,
        "activity_lines": [
          122.059486,
          124.223393,
          124.568937,
          123.926805
        ]
      },
      {
        "date": "2024-06-21",
        "close": 118.555103,
        "volume": 980939,
        "typical_volume": 801411.6,
        "trend": 122.491167,
        "fair_value": 120.21233,
        "relative_strength": -10.54171,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.886338,
        "energy": 30.123067,
        "activity_lines": [
          120.155637,
          123.094092,
          123.979855,
          123.682172
        ]
      },
      {
        "date": "2024-06-28",
        "close": 120.213016,
        "volume": 915138,
        "typical_volume": 804341.4,
        "trend": 122.583022,
        "fair_value": 120.206275,
        "relative_strength": -9.097662,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.823854,
        "energy": 35.356942,
        "activity_lines": [
          119.627897,
          122.332841,
          123.573432,
          123.535195
        ]
      },
      {
        "date": "2024-07-05",
        "close": 118.765936,
        "volume": 913335,
        "typical_volume": 810612.15,
        "trend": 122.571241,
        "fair_value": 120.182271,
        "relative_strength": -11.671833,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.591822,
        "energy": 51.79573,
        "activity_lines": [
          119.002744,
          121.390804,
          123.050518,
          123.288931
        ]
      },
      {
        "date": "2024-07-12",
        "close": 121.382179,
        "volume": 862060,
        "typical_volume": 821610.1,
        "trend": 122.753698,
        "fair_value": 120.179259,
        "relative_strength": -10.489506,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.898042,
        "energy": 36.014104,
        "activity_lines": [
          119.701906,
          121.007296,
          122.82295,
          123.212217
        ]
      },
      {
        "date": "2024-07-19",
        "close": 128.847576,
        "volume": 1299227,
        "typical_volume": 842222.5,
        "trend": 123.215255,
        "fair_value": 120.248812,
        "relative_strength": -3.109274,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 14.578055,
        "energy": 9.114316,
        "activity_lines": [
          123.003036,
          122.086489,
          123.338653,
          123.605371
        ]
      },
      {
        "date": "2024-07-26",
        "close": 128.962576,
        "volume": 1167199,
        "typical_volume": 864239.45,
        "trend": 123.687578,
        "fair_value": 120.299986,
        "relative_strength": -2.231689,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 20.468603,
        "energy": 20.681827,
        "activity_lines": [
          125.472974,
          123.187011,
          123.831921,
          123.976166
        ]
      },
      {
        "date": "2024-08-02",
        "close": 132.575483,
        "volume": 1026981,
        "typical_volume": 874214.15,
        "trend": 124.192722,
        "fair_value": 120.364789,
        "relative_strength": 2.593337,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 70.332247,
        "energy": 48.864246,
        "activity_lines": [
          128.453383,
          124.979781,
          124.640923,
          124.549579
        ]
      },
      {
        "date": "2024-08-09",
        "close": 127.400497,
        "volume": 795672,
        "typical_volume": 865602.4,
        "trend": 124.565389,
        "fair_value": 120.376275,
        "relative_strength": -1.484615,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.530085,
        "energy": 45.242373,
        "activity_lines": [
          128.884632,
          125.711858,
          124.910651,
          124.756532
        ]
      },
      {
        "date": "2024-08-16",
        "close": 129.173409,
        "volume": 673786,
        "typical_volume": 860309.5,
        "trend": 124.814058,
        "fair_value": 120.398841,
        "relative_strength": -3.969142,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.673111,
        "energy": 57.527734,
        "activity_lines": [
          129.331214,
          126.732627,
          125.318934,
          125.053824
        ]
      },
      {
        "date": "2024-08-23",
        "close": 131.569236,
        "volume": 547740,
        "typical_volume": 856051.5,
        "trend": 125.075147,
        "fair_value": 120.429917,
        "relative_strength": -3.603649,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.215909,
        "energy": 58.805409,
        "activity_lines": [
          130.05699,
          128.078298,
          125.957348,
          125.489642
        ]
      },
      {
        "date": "2024-08-30",
        "close": 140.865045,
        "volume": 1066749,
        "typical_volume": 872793.55,
        "trend": 125.645466,
        "fair_value": 120.536617,
        "relative_strength": 2.736966,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.915594,
        "energy": 71.248271,
        "activity_lines": [
          133.699925,
          130.827488,
          127.443983,
          126.508345
        ]
      },
      {
        "date": "2024-09-06",
        "close": 139.494631,
        "volume": 852609,
        "typical_volume": 870140.5,
        "trend": 126.138906,
        "fair_value": 120.65658,
        "relative_strength": 5.823359,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.967659,
        "energy": 77.275487,
        "activity_lines": [
          136.092557,
          132.921876,
          128.71131,
          127.401839
        ]
      },
      {
        "date": "2024-09-13",
        "close": 140.932128,
        "volume": 977461,
        "typical_volume": 875330.2,
        "trend": 126.554522,
        "fair_value": 120.810133,
        "relative_strength": 2.689251,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.459905,
        "energy": 82.445177,
        "activity_lines": [
          138.503079,
          134.927053,
          130.045284,
          128.356241
        ]
      },
      {
        "date": "2024-09-20",
        "close": 141.558664,
        "volume": 1110163,
        "typical_volume": 871339.45,
        "trend": 127.001107,
        "fair_value": 120.954167,
        "relative_strength": 1.696778,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.998911,
        "energy": 83.248369,
        "activity_lines": [
          140.220337,
          136.643123,
          131.355074,
          129.32425
        ]
      },
      {
        "date": "2024-09-27",
        "close": 141.655054,
        "volume": 782094,
        "typical_volume": 880214.35,
        "trend": 127.661733,
        "fair_value": 121.106676,
        "relative_strength": 1.186266,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.961415,
        "energy": 82.047768,
        "activity_lines": [
          141.144041,
          138.009874,
          132.605558,
          130.269666
        ]
      },
      {
        "date": "2024-10-04",
        "close": 143.650332,
        "volume": 691978,
        "typical_volume": 886729.95,
        "trend": 128.349791,
        "fair_value": 121.246109,
        "relative_strength": 2.304229,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.052792,
        "energy": 78.940533,
        "activity_lines": [
          142.06045,
          139.50654,
          133.985191,
          131.301188
        ]
      },
      {
        "date": "2024-10-11",
        "close": 142.329786,
        "volume": 862879,
        "typical_volume": 898001.1,
        "trend": 128.999858,
        "fair_value": 121.387973,
        "relative_strength": 0.268293,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.609424,
        "energy": 56.234633,
        "activity_lines": [
          142.350992,
          140.496056,
          135.178375,
          132.203124
        ]
      },
      {
        "date": "2024-10-18",
        "close": 149.607247,
        "volume": 894723,
        "typical_volume": 907134.45,
        "trend": 129.952143,
        "fair_value": 121.586067,
        "relative_strength": 4.528046,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.897928,
        "energy": 71.117962,
        "activity_lines": [
          144.878343,
          142.631395,
          136.98683,
          133.532633
        ]
      },
      {
        "date": "2024-10-25",
        "close": 142.48401,
        "volume": 768437,
        "typical_volume": 902742.05,
        "trend": 130.38213,
        "fair_value": 121.776754,
        "relative_strength": 0.653329,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.851434,
        "energy": 54.598096,
        "activity_lines": [
          144.452941,
          143.067842,
          138.00232,
          134.34114
        ]
      },
      {
        "date": "2024-11-01",
        "close": 142.561122,
        "volume": 1216061,
        "typical_volume": 920261.55,
        "trend": 131.008187,
        "fair_value": 121.969829,
        "relative_strength": 2.164826,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.711669,
        "energy": 48.922932,
        "activity_lines": [
          143.991553,
          143.276298,
          138.932776,
          135.126882
        ]
      },
      {
        "date": "2024-11-08",
        "close": 153.858055,
        "volume": 832672,
        "typical_volume": 912848.2,
        "trend": 132.062832,
        "fair_value": 122.227118,
        "relative_strength": 5.15192,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.42459,
        "energy": 60.754789,
        "activity_lines": [
          147.235405,
          145.33889,
          140.811719,
          136.601067
        ]
      },
      {
        "date": "2024-11-15",
        "close": 157.578717,
        "volume": 938701,
        "typical_volume": 914026.35,
        "trend": 133.157437,
        "fair_value": 122.514451,
        "relative_strength": 9.817628,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.17025,
        "energy": 64.838172,
        "activity_lines": [
          151.038963,
          147.841729,
          142.876902,
          138.247253
        ]
      },
      {
        "date": "2024-11-22",
        "close": 157.694385,
        "volume": 805486,
        "typical_volume": 908633.9,
        "trend": 134.303162,
        "fair_value": 122.804821,
        "relative_strength": 8.007882,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.196266,
        "energy": 82.697805,
        "activity_lines": [
          153.864481,
          150.036796,
          144.775169,
          139.830282
        ]
      },
      {
        "date": "2024-11-29",
        "close": 159.053487,
        "volume": 905888,
        "typical_volume": 910825.3,
        "trend": 135.36572,
        "fair_value": 123.097708,
        "relative_strength": 7.62665,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.548612,
        "energy": 89.44983,
        "activity_lines": [
          156.603891,
          152.174205,
          146.6175,
          141.427077
        ]
      },
      {
        "date": "2024-12-06",
        "close": 155.111128,
        "volume": 781846,
        "typical_volume": 884956.25,
        "trend": 136.240402,
        "fair_value": 123.331427,
        "relative_strength": 4.109072,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.732604,
        "energy": 83.561039,
        "activity_lines": [
          156.924549,
          153.276734,
          147.904982,
          142.700974
        ]
      },
      {
        "date": "2024-12-13",
        "close": 149.462661,
        "volume": 958482,
        "typical_volume": 874520.4,
        "trend": 136.858918,
        "fair_value": 123.551697,
        "relative_strength": 0.9309,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.084725,
        "energy": 55.875063,
        "activity_lines": [
          154.525718,
          153.107613,
          148.529449,
          143.554023
        ]
      },
      {
        "date": "2024-12-20",
        "close": 149.23967,
        "volume": 1274747,
        "typical_volume": 886908.7,
        "trend": 137.634,
        "fair_value": 123.771691,
        "relative_strength": 2.612907,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.942138,
        "energy": 39.506056,
        "activity_lines": [
          152.345582,
          152.79227,
          149.03506,
          144.352781
        ]
      },
      {
        "date": "2024-12-27",
        "close": 149.627481,
        "volume": 392278,
        "typical_volume": 866739.0,
        "trend": 138.436601,
        "fair_value": 123.974847,
        "relative_strength": 2.15734,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.087359,
        "energy": 25.294506,
        "activity_lines": [
          150.850654,
          152.421803,
          149.498253,
          145.126554
        ]
      },
      {
        "date": "2025-01-03",
        "close": 148.531913,
        "volume": 503194,
        "typical_volume": 858209.4,
        "trend": 139.284841,
        "fair_value": 124.139254,
        "relative_strength": 1.95937,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.611367,
        "energy": 24.825915,
        "activity_lines": [
          149.52833,
          151.851774,
          149.751262,
          145.777865
        ]
      },
      {
        "date": "2025-01-10",
        "close": 142.646869,
        "volume": 811060,
        "typical_volume": 871375.4,
        "trend": 140.17958,
        "fair_value": 124.251401,
        "relative_strength": -0.137901,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.105236,
        "energy": 18.192422,
        "activity_lines": [
          146.945763,
          150.101775,
          149.351608,
          145.99477
        ]
      },
      {
        "date": "2025-01-17",
        "close": 151.518064,
        "volume": 810769,
        "typical_volume": 858576.4,
        "trend": 141.278345,
        "fair_value": 124.454678,
        "relative_strength": 3.054869,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.52221,
        "energy": 19.857858,
        "activity_lines": [
          148.151211,
          149.963162,
          149.744079,
          146.726285
        ]
      },
      {
        "date": "2025-01-24",
        "close": 148.968201,
        "volume": 794311,
        "typical_volume": 855661.5,
        "trend": 142.236851,
        "fair_value": 124.625228,
        "relative_strength": -0.316725,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.303902,
        "energy": 12.952247,
        "activity_lines": [
          148.369678,
          149.403483,
          149.842977,
          147.222405
        ]
      },
      {
        "date": "2025-01-31",
        "close": 148.425265,
        "volume": 992882,
        "typical_volume": 856432.55,
        "trend": 143.225496,
        "fair_value": 124.764206,
        "relative_strength": 0.389274,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.622012,
        "energy": 11.305289,
        "activity_lines": [
          148.425265,
          148.901643,
          149.845055,
          147.621657
        ]
      },
      {
        "date": "2025-02-07",
        "close": 160.069314,
        "volume": 1921080,
        "typical_volume": 896978.4,
        "trend": 144.515067,
        "fair_value": 124.982959,
        "relative_strength": 8.331421,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.934244,
        "energy": 36.834985,
        "activity_lines": [
          152.442349,
          150.685432,
          150.920408,
          148.708355
        ]
      },
      {
        "date": "2025-02-14",
        "close": 157.703662,
        "volume": 1089250,
        "typical_volume": 912336.2,
        "trend": 145.476936,
        "fair_value": 125.187528,
        "relative_strength": 5.182117,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 61.807533,
        "energy": 54.0753,
        "activity_lines": [
          154.901722,
          152.020633,
          151.682315,
          149.559232
        ]
      },
      {
        "date": "2025-02-21",
        "close": 151.799227,
        "volume": 864685,
        "typical_volume": 920971.55,
        "trend": 146.238158,
        "fair_value": 125.344845,
        "relative_strength": 2.911848,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.245877,
        "energy": 46.66187,
        "activity_lines": [
          154.389164,
          152.235163,
          151.805473,
          149.967122
        ]
      },
      {
        "date": "2025-02-28",
        "close": 165.333859,
        "volume": 1213789,
        "typical_volume": 938517.05,
        "trend": 147.330104,
        "fair_value": 125.577676,
        "relative_strength": 12.841946,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.296615,
        "energy": 70.057411,
        "activity_lines": [
          158.369405,
          154.868053,
          153.178839,
          151.199103
        ]
      },
      {
        "date": "2025-03-07",
        "close": 161.310311,
        "volume": 1651589,
        "typical_volume": 976360.35,
        "trend": 148.460431,
        "fair_value": 125.802768,
        "relative_strength": 13.262973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.94043,
        "energy": 61.606257,
        "activity_lines": [
          159.917421,
          156.476766,
          154.059467,
          152.101051
        ]
      },
      {
        "date": "2025-03-14",
        "close": 165.091476,
        "volume": 1333400,
        "typical_volume": 1004608.5,
        "trend": 149.6577,
        "fair_value": 126.018634,
        "relative_strength": 18.157825,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.701735,
        "energy": 62.63299,
        "activity_lines": [
          161.866821,
          158.560549,
          155.244477,
          153.174022
        ]
      },
      {
        "date": "2025-03-21",
        "close": 165.744513,
        "volume": 1319858,
        "typical_volume": 1009798.35,
        "trend": 150.796876,
        "fair_value": 126.212239,
        "relative_strength": 17.491563,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.332531,
        "energy": 70.877202,
        "activity_lines": [
          163.69909,
          160.461984,
          156.384027,
          154.211881
        ]
      },
      {
        "date": "2025-03-28",
        "close": 168.25919,
        "volume": 897388,
        "typical_volume": 1013034.15,
        "trend": 151.710014,
        "fair_value": 126.397025,
        "relative_strength": 20.578678,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.171096,
        "energy": 67.108998,
        "activity_lines": [
          165.833527,
          162.400675,
          157.652672,
          155.338482
        ]
      },
      {
        "date": "2025-04-04",
        "close": 153.648721,
        "volume": 1414530,
        "typical_volume": 1036825.6,
        "trend": 152.181817,
        "fair_value": 126.498419,
        "relative_strength": 20.512142,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.440195,
        "energy": 34.513166,
        "activity_lines": [
          162.000478,
          161.378533,
          157.461268,
          155.46356
        ]
      },
      {
        "date": "2025-04-11",
        "close": 152.147712,
        "volume": 1918678,
        "typical_volume": 1092485.2,
        "trend": 152.55567,
        "fair_value": 126.600168,
        "relative_strength": 12.563318,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 27.530843,
        "energy": 15.671836,
        "activity_lines": [
          158.446101,
          159.99838,
          157.145624,
          155.461359
        ]
      },
      {
        "date": "2025-04-18",
        "close": 157.576685,
        "volume": 1329630,
        "typical_volume": 1113672.3,
        "trend": 153.089604,
        "fair_value": 126.730512,
        "relative_strength": 17.851508,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 30.085546,
        "energy": 18.298812,
        "activity_lines": [
          157.312222,
          159.537632,
          157.373438,
          155.785296
        ]
      },
      {
        "date": "2025-04-25",
        "close": 157.576685,
        "volume": 1055847,
        "typical_volume": 1127372.35,
        "trend": 153.620325,
        "fair_value": 126.8891,
        "relative_strength": 12.32163,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 24.628436,
        "energy": 20.856349,
        "activity_lines": [
          156.679329,
          159.122204,
          157.608285,
          156.074785
        ]
      },
      {
        "date": "2025-05-02",
        "close": 166.02717,
        "volume": 1568086,
        "typical_volume": 1157852.55,
        "trend": 154.36622,
        "fair_value": 127.085213,
        "relative_strength": 14.62404,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.220977,
        "energy": 19.551541,
        "activity_lines": [
          159.407786,
          160.245538,
          158.636199,
          156.875227
        ]
      },
      {
        "date": "2025-05-09",
        "close": 162.450091,
        "volume": 1185924,
        "typical_volume": 1153411.4,
        "trend": 155.036896,
        "fair_value": 127.303054,
        "relative_strength": 12.320226,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.718551,
        "energy": 26.660169,
        "activity_lines": [
          161.092685,
          160.459803,
          159.24456,
          157.396767
        ]
      },
      {
        "date": "2025-05-16",
        "close": 164.107048,
        "volume": 813070,
        "typical_volume": 1174451.0,
        "trend": 155.520223,
        "fair_value": 127.534243,
        "relative_strength": 7.555775,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.976589,
        "energy": 38.683332,
        "activity_lines": [
          162.743145,
          161.027765,
          159.94782,
          157.981938
        ]
      },
      {
        "date": "2025-05-23",
        "close": 164.321478,
        "volume": 887551,
        "typical_volume": 1193668.85,
        "trend": 156.248139,
        "fair_value": 127.727889,
        "relative_strength": 10.1498,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.988102,
        "energy": 46.80799,
        "activity_lines": [
          163.667792,
          161.583865,
          160.602551,
          158.549761
        ]
      },
      {
        "date": "2025-05-30",
        "close": 171.524371,
        "volume": 1204536,
        "typical_volume": 1213342.65,
        "trend": 157.21358,
        "fair_value": 127.98273,
        "relative_strength": 12.55316,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.98872,
        "energy": 61.549281,
        "activity_lines": [
          166.543751,
          163.463582,
          161.868084,
          159.535324
        ]
      },
      {
        "date": "2025-06-06",
        "close": 170.686145,
        "volume": 1063352,
        "typical_volume": 1225971.8,
        "trend": 157.774517,
        "fair_value": 128.251842,
        "relative_strength": 9.760298,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.502383,
        "energy": 63.057891,
        "activity_lines": [
          168.210455,
          165.085805,
          162.916274,
          160.404522
        ]
      },
      {
        "date": "2025-06-13",
        "close": 166.212359,
        "volume": 953754,
        "typical_volume": 1233943.95,
        "trend": 158.062305,
        "fair_value": 128.515597,
        "relative_strength": 6.773296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.322695,
        "energy": 54.251105,
        "activity_lines": [
          168.075299,
          165.850487,
          163.447112,
          160.948899
        ]
      },
      {
        "date": "2025-06-20",
        "close": 164.703387,
        "volume": 1169044,
        "typical_volume": 1242752.05,
        "trend": 158.295938,
        "fair_value": 128.70852,
        "relative_strength": 5.534037,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.168071,
        "energy": 42.906921,
        "activity_lines": [
          167.186335,
          166.11238,
          163.752124,
          161.377356
        ]
      },
      {
        "date": "2025-06-27",
        "close": 164.125274,
        "volume": 1267948,
        "typical_volume": 1210095.45,
        "trend": 158.464998,
        "fair_value": 128.896979,
        "relative_strength": 1.314353,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.39787,
        "energy": 27.804068,
        "activity_lines": [
          166.06491,
          166.040877,
          163.924562,
          161.753442
        ]
      },
      {
        "date": "2025-07-04",
        "close": 160.676193,
        "volume": 1192043,
        "typical_volume": 1215235.1,
        "trend": 158.6505,
        "fair_value": 129.076505,
        "relative_strength": -2.754076,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 27.436766,
        "energy": 15.520303,
        "activity_lines": [
          163.806872,
          165.223203,
          163.749203,
          161.8961
        ]
      },
      {
        "date": "2025-07-11",
        "close": 160.147073,
        "volume": 1293061,
        "typical_volume": 1236653.9,
        "trend": 159.006647,
        "fair_value": 129.305228,
        "relative_strength": -3.070496,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 17.107657,
        "energy": 15.750041,
        "activity_lines": [
          162.095673,
          164.25297,
          163.509296,
          161.992653
        ]
      },
      {
        "date": "2025-07-18",
        "close": 162.165569,
        "volume": 1243981,
        "typical_volume": 1238163.5,
        "trend": 159.43751,
        "fair_value": 129.539135,
        "relative_strength": -2.615035,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 20.405697,
        "energy": 17.645964,
        "activity_lines": [
          161.75991,
          163.756648,
          163.421875,
          162.196454
        ]
      },
      {
        "date": "2025-07-25",
        "close": 163.625549,
        "volume": 1051047,
        "typical_volume": 1208136.4,
        "trend": 159.904112,
        "fair_value": 129.792371,
        "relative_strength": -3.325782,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 22.339707,
        "energy": 16.614561,
        "activity_lines": [
          162.180593,
          163.530949,
          163.488587,
          162.46665
        ]
      },
      {
        "date": "2025-08-01",
        "close": 165.428478,
        "volume": 2172004,
        "typical_volume": 1250066.6,
        "trend": 160.467331,
        "fair_value": 130.113426,
        "relative_strength": 0.054378,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.873239,
        "energy": 10.872204,
        "activity_lines": [
          163.274109,
          163.641811,
          163.715982,
          162.823061
        ]
      },
      {
        "date": "2025-08-08",
        "close": 165.457873,
        "volume": 1041656,
        "typical_volume": 1236156.5,
        "trend": 161.227698,
        "fair_value": 130.387911,
        "relative_strength": -2.480537,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.449215,
        "energy": 17.506567,
        "activity_lines": [
          164.290542,
          163.73789,
          163.944571,
          163.145031
        ]
      },
      {
        "date": "2025-08-15",
        "close": 166.182964,
        "volume": 1076787,
        "typical_volume": 1245126.45,
        "trend": 161.716528,
        "fair_value": 130.65824,
        "relative_strength": -3.162354,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 39.730996,
        "energy": 22.762555,
        "activity_lines": [
          165.229894,
          164.076103,
          164.243582,
          163.464726
        ]
      },
      {
        "date": "2025-08-22",
        "close": 172.071877,
        "volume": 831237,
        "typical_volume": 1215961.8,
        "trend": 162.486651,
        "fair_value": 130.982935,
        "relative_strength": -0.234903,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 66.905271,
        "energy": 50.566154,
        "activity_lines": [
          167.729824,
          165.566904,
          165.113328,
          164.132813
        ]
      },
      {
        "date": "2025-08-29",
        "close": 169.984791,
        "volume": 898492,
        "typical_volume": 1164952.5,
        "trend": 163.205302,
        "fair_value": 131.320778,
        "relative_strength": -1.479778,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.737581,
        "energy": 55.869721,
        "activity_lines": [
          168.873639,
          166.571698,
          165.696575,
          164.616564
        ]
      },
      {
        "date": "2025-09-05",
        "close": 174.04138,
        "volume": 822544,
        "typical_volume": 1139598.2,
        "trend": 163.671037,
        "fair_value": 131.663695,
        "relative_strength": 0.475581,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.67539,
        "energy": 65.590776,
        "activity_lines": [
          170.9457,
          168.218028,
          166.581225,
          165.315666
        ]
      },
      {
        "date": "2025-09-12",
        "close": 177.617841,
        "volume": 1031073,
        "typical_volume": 1138359.5,
        "trend": 164.334843,
        "fair_value": 132.005429,
        "relative_strength": 0.835931,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.7014,
        "energy": 74.007075,
        "activity_lines": [
          173.635721,
          170.334331,
          167.728087,
          166.215459
        ]
      },
      {
        "date": "2025-09-19",
        "close": 172.182068,
        "volume": 1808108,
        "typical_volume": 1150360.6,
        "trend": 165.014271,
        "fair_value": 132.334242,
        "relative_strength": -3.493227,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.624969,
        "energy": 62.17064,
        "activity_lines": [
          173.703154,
          171.154282,
          168.261823,
          166.721732
        ]
      },
      {
        "date": "2025-09-26",
        "close": 176.574015,
        "volume": 968424,
        "typical_volume": 1139485.6,
        "trend": 165.388943,
        "fair_value": 132.714951,
        "relative_strength": -0.863351,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.490251,
        "energy": 64.342887,
        "activity_lines": [
          174.834628,
          172.55395,
          169.18453,
          167.467522
        ]
      },
      {
        "date": "2025-10-03",
        "close": 180.946268,
        "volume": 1135306,
        "typical_volume": 1155597.4,
        "trend": 166.043475,
        "fair_value": 133.095432,
        "relative_strength": 0.350213,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.022995,
        "energy": 70.970362,
        "activity_lines": [
          177.123378,
          174.486602,
          170.456385,
          168.47122
        ]
      },
      {
        "date": "2025-10-10",
        "close": 174.831022,
        "volume": 864950,
        "typical_volume": 1154467.35,
        "trend": 166.368126,
        "fair_value": 133.397905,
        "relative_strength": -0.773193,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.817617,
        "energy": 43.612963,
        "activity_lines": [
          176.642947,
          174.992469,
          171.065649,
          169.038159
        ]
      },
      {
        "date": "2025-10-17",
        "close": 168.518829,
        "volume": 1357923,
        "typical_volume": 1162136.7,
        "trend": 166.460604,
        "fair_value": 133.696495,
        "relative_strength": -5.956522,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.911035,
        "energy": 28.198428,
        "activity_lines": [
          174.005809,
          174.179708,
          171.023707,
          169.176914
        ]
      },
      {
        "date": "2025-10-24",
        "close": 172.122983,
        "volume": 986461,
        "typical_volume": 1158292.15,
        "trend": 166.589397,
        "fair_value": 133.948722,
        "relative_strength": -5.803393,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.099785,
        "energy": 22.118132,
        "activity_lines": [
          173.176657,
          173.966595,
          171.339329,
          169.542229
        ]
      },
      {
        "date": "2025-10-31",
        "close": 168.272643,
        "volume": 1466964,
        "typical_volume": 1183952.65,
        "trend": 167.076861,
        "fair_value": 134.181308,
        "relative_strength": -8.521098,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 23.37221,
        "energy": 18.06627,
        "activity_lines": [
          171.067996,
          172.94542,
          171.281411,
          169.650825
        ]
      },
      {
        "date": "2025-11-07",
        "close": 176.8202,
        "volume": 933832,
        "typical_volume": 1172192.05,
        "trend": 167.899277,
        "fair_value": 134.493074,
        "relative_strength": -2.307906,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.327637,
        "energy": 20.921263,
        "activity_lines": [
          172.361947,
          173.547423,
          172.027734,
          170.279428
        ]
      },
      {
        "date": "2025-11-14",
        "close": 178.543498,
        "volume": 847903,
        "typical_volume": 1151189.8,
        "trend": 168.598171,
        "fair_value": 134.801993,
        "relative_strength": -1.450639,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.916667,
        "energy": 27.166708,
        "activity_lines": [
          174.505401,
          174.338472,
          172.880482,
          170.966152
        ]
      },
      {
        "date": "2025-11-21",
        "close": 180.532676,
        "volume": 826062,
        "typical_volume": 1132890.75,
        "trend": 169.36337,
        "fair_value": 135.094762,
        "relative_strength": 1.554916,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.68867,
        "energy": 41.06067,
        "activity_lines": [
          177.064416,
          175.409334,
          173.854017,
          171.73612
        ]
      },
      {
        "date": "2025-11-28",
        "close": 182.718803,
        "volume": 900439,
        "typical_volume": 1113259.65,
        "trend": 169.919758,
        "fair_value": 135.410221,
        "relative_strength": -0.880636,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.800992,
        "energy": 61.201267,
        "activity_lines": [
          179.551217,
          176.824676,
          174.9412,
          172.597761
        ]
      },
      {
        "date": "2025-12-05",
        "close": 175.10675,
        "volume": 1283957,
        "typical_volume": 1115258.45,
        "trend": 170.341647,
        "fair_value": 135.715927,
        "relative_strength": -5.308897,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.757708,
        "energy": 50.138552,
        "activity_lines": [
          178.794279,
          176.664432,
          175.195942,
          172.932405
        ]
      },
      {
        "date": "2025-12-12",
        "close": 183.289953,
        "volume": 1100188,
        "typical_volume": 1117715.5,
        "trend": 170.981077,
        "fair_value": 136.101374,
        "relative_strength": -0.443596,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.29658,
        "energy": 55.199858,
        "activity_lines": [
          180.309468,
          178.01872,
          176.168411,
          173.76778
        ]
      },
      {
        "date": "2025-12-19",
        "close": 182.884137,
        "volume": 2114486,
        "typical_volume": 1114839.6,
        "trend": 171.599832,
        "fair_value": 136.463582,
        "relative_strength": -0.877464,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.609541,
        "energy": 45.750413,
        "activity_lines": [
          181.258069,
          179.256612,
          177.008591,
          174.535719
        ]
      },
      {
        "date": "2025-12-26",
        "close": 182.319955,
        "volume": 559063,
        "typical_volume": 1090709.95,
        "trend": 171.959685,
        "fair_value": 136.8355,
        "relative_strength": -2.641631,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.765781,
        "energy": 37.050398,
        "activity_lines": [
          181.729232,
          180.245504,
          177.711917,
          175.22734
        ]
      },
      {
        "date": "2026-01-02",
        "close": 177.232417,
        "volume": 720164,
        "typical_volume": 1072878.8,
        "trend": 172.177894,
        "fair_value": 137.155877,
        "relative_strength": -4.406974,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.850764,
        "energy": 32.903859,
        "activity_lines": [
          180.385398,
          180.05846,
          177.850421,
          175.567516
        ]
      },
      {
        "date": "2026-01-09",
        "close": 171.422329,
        "volume": 1613466,
        "typical_volume": 1111990.25,
        "trend": 172.35156,
        "fair_value": 137.45039,
        "relative_strength": -8.982238,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 21.998073,
        "energy": 11.971891,
        "activity_lines": [
          177.470627,
          178.722137,
          177.382966,
          175.51877
        ]
      },
      {
        "date": "2026-01-16",
        "close": 168.225296,
        "volume": 2301723,
        "typical_volume": 1182151.8,
        "trend": 172.468957,
        "fair_value": 137.764978,
        "relative_strength": -10.283922,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 7.108045,
        "energy": 14.784909,
        "activity_lines": [
          173.735806,
          176.747269,
          176.614125,
          175.25256
        ]
      },
      {
        "date": "2026-01-23",
        "close": 167.760093,
        "volume": 1569786,
        "typical_volume": 1219513.9,
        "trend": 172.590117,
        "fair_value": 138.055356,
        "relative_strength": -10.187964,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -23.530199,
        "energy": 29.195607,
        "activity_lines": [
          170.850228,
          174.844089,
          175.809357,
          174.948762
        ]
      },
      {
        "date": "2026-01-30",
        "close": 172.362633,
        "volume": 2622641,
        "typical_volume": 1299092.3,
        "trend": 172.979665,
        "fair_value": 138.320577,
        "relative_strength": -8.086561,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -16.88961,
        "energy": 30.323487,
        "activity_lines": [
          170.5071,
          173.973797,
          175.472837,
          174.934085
        ]
      },
      {
        "date": "2026-02-06",
        "close": 174.173955,
        "volume": 2718213,
        "typical_volume": 1344597.55,
        "trend": 173.447228,
        "fair_value": 138.594932,
        "relative_strength": -6.82432,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -16.468011,
        "energy": 29.576257,
        "activity_lines": [
          171.431567,
          173.581382,
          175.333849,
          175.011136
        ]
      },
      {
        "date": "2026-02-13",
        "close": 170.046516,
        "volume": 1497315,
        "typical_volume": 1371042.1,
        "trend": 173.709926,
        "fair_value": 138.841532,
        "relative_strength": -7.76844,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.12617,
        "energy": 25.37262,
        "activity_lines": [
          171.184119,
          172.593885,
          174.792287,
          174.791736
        ]
      },
      {
        "date": "2026-02-20",
        "close": 174.124465,
        "volume": 855669,
        "typical_volume": 1357060.25,
        "trend": 174.05989,
        "fair_value": 139.13609,
        "relative_strength": -6.585923,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -19.630539,
        "energy": 12.101623,
        "activity_lines": [
          172.387708,
          172.439837,
          174.670184,
          174.81848
        ]
      },
      {
        "date": "2026-02-27",
        "close": 178.786392,
        "volume": 1215398,
        "typical_volume": 1374582.65,
        "trend": 174.505154,
        "fair_value": 139.472384,
        "relative_strength": -3.460486,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 9.018215,
        "energy": 8.623021,
        "activity_lines": [
          174.751994,
          173.300057,
          175.024559,
          175.123416
        ]
      },
      {
        "date": "2026-03-06",
        "close": 175.8764,
        "volume": 1269382,
        "typical_volume": 1370155.6,
        "trend": 174.852438,
        "fair_value": 139.835545,
        "relative_strength": -2.958815,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 3.412046,
        "energy": 7.391145,
        "activity_lines": [
          175.411197,
          173.705693,
          175.082956,
          175.211883
        ]
      },
      {
        "date": "2026-03-13",
        "close": 172.560592,
        "volume": 1401562,
        "typical_volume": 1390910.65,
        "trend": 175.065026,
        "fair_value": 140.220391,
        "relative_strength": -3.087373,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.097864,
        "energy": 17.487056,
        "activity_lines": [
          174.730879,
          173.625609,
          174.790526,
          175.064022
        ]
      },
      {
        "date": "2026-03-20",
        "close": 168.032356,
        "volume": 1982969,
        "typical_volume": 1416710.9,
        "trend": 174.930375,
        "fair_value": 140.565766,
        "relative_strength": -3.638057,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.511061,
        "energy": 22.002539,
        "activity_lines": [
          172.648706,
          172.807153,
          174.064752,
          174.610301
        ]
      },
      {
        "date": "2026-03-27",
        "close": 168.569773,
        "volume": 1397429,
        "typical_volume": 1439890.75,
        "trend": 174.883208,
        "fair_value": 140.883911,
        "relative_strength": -0.835495,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.791052,
        "energy": 38.862225,
        "activity_lines": [
          170.87995,
          172.148044,
          173.391305,
          174.19994
        ]
      },
      {
        "date": "2026-04-03",
        "close": 175.257628,
        "volume": 1337716,
        "typical_volume": 1464381.4,
        "trend": 174.92375,
        "fair_value": 141.242316,
        "relative_strength": -0.029517,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.026373,
        "energy": 29.21688,
        "activity_lines": [
          171.710792,
          172.698646,
          173.394084,
          174.224096
        ]
      },
      {
        "date": "2026-04-10",
        "close": 175.934376,
        "volume": 1589770,
        "typical_volume": 1502566.8,
        "trend": 174.867634,
        "fair_value": 141.627606,
        "relative_strength": -2.929108,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.55412,
        "energy": 17.966609,
        "activity_lines": [
          173.002468,
          173.235974,
          173.476962,
          174.289298
        ]
      },
      {
        "date": "2026-04-17",
        "close": 180.980123,
        "volume": 1375289,
        "typical_volume": 1526309.3,
        "trend": 175.160903,
        "fair_value": 142.068559,
        "relative_strength": -4.127903,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 20.149755,
        "energy": 14.774859,
        "activity_lines": [
          175.972194,
          174.62577,
          174.062284,
          174.683652
        ]
      },
      {
        "date": "2026-04-24",
        "close": 176.69074,
        "volume": 1215476,
        "typical_volume": 1522885.25,
        "trend": 175.164793,
        "fair_value": 142.491805,
        "relative_strength": -6.61483,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 9.949824,
        "energy": 17.030455,
        "activity_lines": [
          176.950823,
          175.11193,
          174.247373,
          174.782351
        ]
      },
      {
        "date": "2026-05-01",
        "close": 185.946254,
        "volume": 1578566,
        "typical_volume": 1546804.15,
        "trend": 175.33146,
        "fair_value": 142.977467,
        "relative_strength": -2.366967,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 41.873481,
        "energy": 45.510885,
        "activity_lines": [
          180.437399,
          177.160106,
          175.306396,
          175.477929
        ]
      },
      {
        "date": "2026-05-08",
        "close": 188.235252,
        "volume": 1517105,
        "typical_volume": 1516935.1,
        "trend": 175.778267,
        "fair_value": 143.472877,
        "relative_strength": -3.185555,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 73.941837,
        "energy": 69.622621,
        "activity_lines": [
          183.528541,
          179.409522,
          176.570771,
          176.310432
        ]
      },
      {
        "date": "2026-05-15",
        "close": 193.708943,
        "volume": 1331943,
        "typical_volume": 1555579.1,
        "trend": 176.617938,
        "fair_value": 144.007944,
        "relative_strength": -0.453659,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.963478,
        "energy": 77.849799,
        "activity_lines": [
          187.579073,
          182.482358,
          178.330967,
          177.46725
        ]
      },
      {
        "date": "2026-05-22",
        "close": 194.196599,
        "volume": 1390873,
        "typical_volume": 1589114.55,
        "trend": 177.353725,
        "fair_value": 144.586364,
        "relative_strength": -0.876683,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.500277,
        "energy": 80.413337,
        "activity_lines": [
          190.607185,
          185.319629,
          180.083374,
          178.601357
        ]
      },
      {
        "date": "2026-05-29",
        "close": 185.309315,
        "volume": 1223524,
        "typical_volume": 1569617.45,
        "trend": 177.921614,
        "fair_value": 145.091202,
        "relative_strength": -6.430097,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.301486,
        "energy": 69.757528,
        "activity_lines": [
          189.791771,
          186.147649,
          180.908591,
          179.114621
        ]
      },
      {
        "date": "2026-06-05",
        "close": 192.265879,
        "volume": 1519498,
        "typical_volume": 1530506.2,
        "trend": 178.43647,
        "fair_value": 145.637666,
        "relative_strength": -0.224387,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.692182,
        "energy": 65.938557,
        "activity_lines": [
          190.720639,
          187.926373,
          182.33021,
          180.040057
        ]
      },
      {
        "date": "2026-06-12",
        "close": 197.65,
        "volume": 1618047,
        "typical_volume": 1532919.25,
        "trend": 179.073353,
        "fair_value": 146.215674,
        "relative_strength": 2.102698,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.460613,
        "energy": 60.241116,
        "activity_lines": [
          193.022907,
          190.253189,
          184.150123,
          181.27964
        ]
      },
      {
        "date": "2026-06-19",
        "close": 197.93,
        "volume": 1422243,
        "typical_volume": 1472899.35,
        "trend": 179.653264,
        "fair_value": 146.824697,
        "relative_strength": 1.418797,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.052359,
        "energy": 55.508037,
        "activity_lines": [
          194.790858,
          192.22378,
          185.854369,
          182.496198
        ]
      },
      {
        "date": "2026-06-26",
        "close": 212.61,
        "volume": 2068163,
        "typical_volume": 1440396.85,
        "trend": 180.649637,
        "fair_value": 147.512167,
        "relative_strength": 11.414721,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.178725,
        "energy": 85.39068,
        "activity_lines": [
          201.170738,
          196.463542,
          188.834962,
          184.622439
        ]
      },
      {
        "date": "2026-07-03",
        "close": 221.61,
        "volume": 1265130,
        "typical_volume": 1428787.6,
        "trend": 182.199746,
        "fair_value": 148.256911,
        "relative_strength": 13.354419,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.168046,
        "energy": 94.738298,
        "activity_lines": [
          209.323059,
          201.764579,
          192.489669,
          187.265043
        ]
      },
      {
        "date": "2026-07-10",
        "close": 213.99,
        "volume": 1680809,
        "typical_volume": 1470044.6,
        "trend": 183.223081,
        "fair_value": 148.973424,
        "relative_strength": 7.794238,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.534182,
        "energy": 88.194145,
        "activity_lines": [
          212.515333,
          204.863447,
          195.173121,
          189.316027
        ]
      },
      {
        "date": "2026-07-17",
        "close": 213.23,
        "volume": 1938523,
        "typical_volume": 1506200.85,
        "trend": 184.234609,
        "fair_value": 149.680106,
        "relative_strength": 8.892343,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.342875,
        "energy": 84.852026,
        "activity_lines": [
          214.006,
          207.314247,
          197.594356,
          191.251957
        ]
      },
      {
        "date": "2026-07-24",
        "close": 218.11,
        "volume": 1274334,
        "typical_volume": 1506448.45,
        "trend": 185.427611,
        "fair_value": 150.401279,
        "relative_strength": 11.752063,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.733684,
        "energy": 79.944631,
        "activity_lines": [
          216.084667,
          210.19787,
          200.316336,
          193.437466
        ]
      },
      {
        "date": "2026-07-31",
        "close": 232.63,
        "volume": 2133257,
        "typical_volume": 1543033.2,
        "trend": 187.274197,
        "fair_value": 151.221205,
        "relative_strength": 17.536523,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.592935,
        "energy": 73.684208,
        "activity_lines": [
          221.658,
          215.277838,
          204.22006,
          196.482782
        ]
      },
      {
        "date": "2026-08-07",
        "close": 229.08,
        "volume": 1291139,
        "typical_volume": 1508441.7,
        "trend": 189.196119,
        "fair_value": 152.03672,
        "relative_strength": 11.543805,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.54358,
        "energy": 68.830934,
        "activity_lines": [
          224.713333,
          219.013561,
          207.499645,
          199.17993
        ]
      }
    ],
    "method": {
      "price_basis": "completed market observations",
      "trend": "Trend provides the primary directional reference.",
      "fair_value": "Fair Value provides long-term price context and is not a forecast or target.",
      "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.",
      "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read."
    }
  }
}