{
  "ticker": {
    "uuid": "ce3b7750-8ebc-412d-93dd-481fe12f64f9",
    "symbol": "ALHEX",
    "name": "Hexaom S.A.",
    "exchange": "PAR",
    "country": "FR",
    "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": "^FCHI",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -65.346,
    "architecture_energy": 77.078,
    "architecture_maturity": 19.869,
    "architecture_confidence": 86.668,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 9.41,
        "rotation_up": 9.85,
        "upward_expansion": 18.21,
        "deceleration": 37.25,
        "rotation_down": 75.73,
        "downward_expansion": 93.88
      },
      "activity_lines": [
        27.446667,
        28.583476,
        30.019999,
        30.846293
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 28.1,
    "trend_reference": 32.054088,
    "distance_from_trend": -0.123357,
    "trend_direction": "Weakening",
    "fair_value": 25.365237,
    "distance_from_fair_value": 0.107815,
    "fair_value_direction": "Weakening",
    "relative_strength": -16.270416,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.190202,
    "excess_performance": -0.243513,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.123357,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.0175,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.107815,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.208911,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.162704,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.165966,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.190202,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.617399,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 23561,
      "relative_activity": 1.42135,
      "balance": 0.617399,
      "dry_up": 0.931726,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.075162,
      "annualized_volatility": 0.377438,
      "from_high_reference": -0.23224,
      "from_low_reference": 0.146939
    },
    "levels": {
      "trend_reference": 32.054088,
      "fair_value_reference": 25.365237,
      "structural_low": 25.5,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 25,
        "median_return": -0.029412,
        "positive_rate": 0.28,
        "directional_follow_through": 0.68,
        "median_excess_return": -0.025928,
        "regime_survival": 0.88,
        "best_return": 0.285714,
        "worst_return": -0.241071,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.093909,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.090013,
        "regime_survival": 0.625,
        "best_return": 0.428571,
        "worst_return": -0.196429,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.143106,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.161585,
        "regime_survival": 0.75,
        "best_return": 0.153179,
        "worst_return": -0.344055,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.19831,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.241375,
        "regime_survival": 0.5,
        "best_return": 0.111421,
        "worst_return": -0.508041,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-02",
        "end": "2024-09-20",
        "tenure": "Developing",
        "return": 0.076555,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-09-27",
        "end": "2024-10-11",
        "tenure": "New",
        "return": 0.121076,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-18",
        "end": "2024-12-06",
        "tenure": "Developing",
        "return": -0.052,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-12-13",
        "end": "2025-01-03",
        "tenure": "New",
        "return": 0.056911,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-10",
        "end": "2025-04-11",
        "tenure": "Established",
        "return": -0.034,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-18",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.259557,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2025-08-01",
        "tenure": "Developing",
        "return": 0.027118,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-08",
        "end": "2025-08-15",
        "tenure": "New",
        "return": -0.012821,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-22",
        "end": "2025-08-29",
        "tenure": "New",
        "return": -0.059016,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-05",
        "end": "2025-12-26",
        "tenure": "Established",
        "return": 0.176471,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-02",
        "end": "2026-03-06",
        "tenure": "Developing",
        "return": -0.009317,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-13",
        "end": "2026-05-15",
        "tenure": "Developing",
        "return": -0.053876,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-22",
        "end": "2026-07-03",
        "tenure": "Developing",
        "return": -0.083421,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-07-10",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.037671,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 15.051755,
        "volume": 3637,
        "typical_volume": 9510.2,
        "trend": 16.881577,
        "fair_value": 29.104122,
        "relative_strength": -20.294233,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.101049,
        "energy": 63.529993,
        "activity_lines": [
          15.114061,
          15.267291,
          15.695659,
          16.145544
        ]
      },
      {
        "date": "2023-08-25",
        "close": 15.199321,
        "volume": 1519,
        "typical_volume": 9246.4,
        "trend": 16.732371,
        "fair_value": 29.018593,
        "relative_strength": -18.878583,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.107902,
        "energy": 53.908739,
        "activity_lines": [
          15.143574,
          15.229729,
          15.612507,
          16.037011
        ]
      },
      {
        "date": "2023-09-01",
        "close": 14.953378,
        "volume": 15664,
        "typical_volume": 9340.55,
        "trend": 16.583165,
        "fair_value": 28.932072,
        "relative_strength": -19.530338,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.268111,
        "energy": 53.202572,
        "activity_lines": [
          15.087827,
          15.157287,
          15.51249,
          15.922237
        ]
      },
      {
        "date": "2023-09-08",
        "close": 14.855,
        "volume": 13151,
        "typical_volume": 8817.75,
        "trend": 16.455274,
        "fair_value": 28.847259,
        "relative_strength": -18.254317,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.497888,
        "energy": 57.733716,
        "activity_lines": [
          14.999287,
          15.07948,
          15.412473,
          15.810743
        ]
      },
      {
        "date": "2023-09-15",
        "close": 14.756622,
        "volume": 10369,
        "typical_volume": 8742.4,
        "trend": 16.322465,
        "fair_value": 28.759477,
        "relative_strength": -19.309467,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.623901,
        "energy": 61.082946,
        "activity_lines": [
          14.900909,
          15.001672,
          15.313158,
          15.701152
        ]
      },
      {
        "date": "2023-09-22",
        "close": 14.609056,
        "volume": 4519,
        "typical_volume": 8423.7,
        "trend": 16.186376,
        "fair_value": 28.671917,
        "relative_strength": -17.222308,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.38576,
        "energy": 74.1293,
        "activity_lines": [
          14.782856,
          14.914921,
          15.21197,
          15.59061
        ]
      },
      {
        "date": "2023-09-29",
        "close": 13.428526,
        "volume": 16013,
        "typical_volume": 8580.05,
        "trend": 16.007656,
        "fair_value": 28.566269,
        "relative_strength": -22.784645,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -92.61882,
        "energy": 90.712772,
        "activity_lines": [
          14.300807,
          14.63052,
          15.012872,
          15.412684
        ]
      },
      {
        "date": "2023-10-06",
        "close": 14.215547,
        "volume": 43446,
        "typical_volume": 9757.2,
        "trend": 15.86009,
        "fair_value": 28.465081,
        "relative_strength": -16.787279,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.141746,
        "energy": 55.368326,
        "activity_lines": [
          14.19915,
          14.520517,
          14.900675,
          15.297064
        ]
      },
      {
        "date": "2023-10-13",
        "close": 14.756622,
        "volume": 24204,
        "typical_volume": 10495.2,
        "trend": 15.766632,
        "fair_value": 28.376715,
        "relative_strength": -12.425898,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.504488,
        "energy": 48.770758,
        "activity_lines": [
          14.327041,
          14.522305,
          14.850784,
          15.225873
        ]
      },
      {
        "date": "2023-10-20",
        "close": 14.953378,
        "volume": 17317,
        "typical_volume": 11073.0,
        "trend": 15.68465,
        "fair_value": 28.295454,
        "relative_strength": -8.108327,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.374567,
        "energy": 41.929408,
        "activity_lines": [
          14.527075,
          14.567917,
          14.826424,
          15.173405
        ]
      },
      {
        "date": "2023-10-27",
        "close": 14.559868,
        "volume": 12007,
        "typical_volume": 11363.55,
        "trend": 15.591192,
        "fair_value": 28.213425,
        "relative_strength": -9.585372,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.393304,
        "energy": 23.958411,
        "activity_lines": [
          14.582823,
          14.546453,
          14.774424,
          15.100838
        ]
      },
      {
        "date": "2023-11-03",
        "close": 15.838776,
        "volume": 16907,
        "typical_volume": 11925.9,
        "trend": 15.566597,
        "fair_value": 28.129073,
        "relative_strength": -4.611298,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -6.577914,
        "energy": 13.806892,
        "activity_lines": [
          15.068152,
          14.766461,
          14.852658,
          15.116811
        ]
      },
      {
        "date": "2023-11-10",
        "close": 16.527416,
        "volume": 32278,
        "typical_volume": 13110.75,
        "trend": 15.55348,
        "fair_value": 28.055565,
        "relative_strength": -0.042903,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 35.61644,
        "energy": 33.569297,
        "activity_lines": [
          15.622344,
          15.100049,
          14.996008,
          15.1788
        ]
      },
      {
        "date": "2023-11-17",
        "close": 18.691723,
        "volume": 39167,
        "typical_volume": 14667.3,
        "trend": 15.610867,
        "fair_value": 27.9895,
        "relative_strength": 10.255467,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 52.359462,
        "energy": 64.331343,
        "activity_lines": [
          16.743848,
          15.79853,
          15.341266,
          15.381267
        ]
      },
      {
        "date": "2023-11-24",
        "close": 19.478741,
        "volume": 37433,
        "typical_volume": 16241.15,
        "trend": 15.683011,
        "fair_value": 27.912698,
        "relative_strength": 14.055795,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 63.579012,
        "energy": 83.374367,
        "activity_lines": [
          17.865351,
          16.570346,
          15.747893,
          15.630807
        ]
      },
      {
        "date": "2023-12-01",
        "close": 19.626308,
        "volume": 21240,
        "typical_volume": 16934.55,
        "trend": 15.748596,
        "fair_value": 27.835089,
        "relative_strength": 14.036086,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 84.591226,
        "energy": 93.939387,
        "activity_lines": [
          18.734352,
          17.283135,
          16.150772,
          15.885213
        ]
      },
      {
        "date": "2023-12-08",
        "close": 21.249537,
        "volume": 50055,
        "typical_volume": 19024.85,
        "trend": 15.925675,
        "fair_value": 27.750348,
        "relative_strength": 20.35349,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.22815,
        "energy": 96.490114,
        "activity_lines": [
          19.806667,
          18.199835,
          16.688803,
          16.240113
        ]
      },
      {
        "date": "2023-12-15",
        "close": 19.626308,
        "volume": 27809,
        "typical_volume": 20128.35,
        "trend": 16.030611,
        "fair_value": 27.63942,
        "relative_strength": 10.275692,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.948776,
        "energy": 87.53795,
        "activity_lines": [
          19.977188,
          18.679201,
          17.043196,
          16.478863
        ]
      },
      {
        "date": "2023-12-22",
        "close": 19.675497,
        "volume": 24796,
        "typical_volume": 20816.6,
        "trend": 16.147024,
        "fair_value": 27.528807,
        "relative_strength": 11.122577,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.807276,
        "energy": 72.967756,
        "activity_lines": [
          19.957512,
          19.069134,
          17.380022,
          16.714017
        ]
      },
      {
        "date": "2023-12-29",
        "close": 19.183609,
        "volume": 8155,
        "typical_volume": 20984.3,
        "trend": 16.219168,
        "fair_value": 27.418548,
        "relative_strength": 8.966591,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.329971,
        "energy": 59.82217,
        "activity_lines": [
          19.708289,
          19.280198,
          17.648686,
          16.909926
        ]
      },
      {
        "date": "2024-01-05",
        "close": 18.7901,
        "volume": 6965,
        "typical_volume": 21150.7,
        "trend": 16.301149,
        "fair_value": 27.309274,
        "relative_strength": 8.74249,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.694672,
        "energy": 49.878263,
        "activity_lines": [
          19.347572,
          19.342802,
          17.860901,
          17.075792
        ]
      },
      {
        "date": "2024-01-12",
        "close": 19.134422,
        "volume": 75002,
        "typical_volume": 24824.85,
        "trend": 16.414283,
        "fair_value": 27.210975,
        "relative_strength": 10.177847,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.830284,
        "energy": 40.15475,
        "activity_lines": [
          19.157376,
          19.391097,
          18.088106,
          17.258584
        ]
      },
      {
        "date": "2024-01-19",
        "close": 18.691723,
        "volume": 11512,
        "typical_volume": 24617.25,
        "trend": 16.51594,
        "fair_value": 27.114514,
        "relative_strength": 9.237452,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.983635,
        "energy": 31.141107,
        "activity_lines": [
          18.960621,
          19.29898,
          18.254411,
          17.405516
        ]
      },
      {
        "date": "2024-01-26",
        "close": 19.872253,
        "volume": 7249,
        "typical_volume": 24322.15,
        "trend": 16.650389,
        "fair_value": 27.033805,
        "relative_strength": 12.300731,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.389567,
        "energy": 35.773733,
        "activity_lines": [
          19.219682,
          19.382154,
          18.515346,
          17.622052
        ]
      },
      {
        "date": "2024-02-02",
        "close": 20.069006,
        "volume": 17150,
        "typical_volume": 24661.2,
        "trend": 16.794676,
        "fair_value": 26.94325,
        "relative_strength": 14.078473,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 64.99749,
        "energy": 44.850596,
        "activity_lines": [
          19.53121,
          19.479637,
          18.771127,
          17.842608
        ]
      },
      {
        "date": "2024-02-09",
        "close": 19.183609,
        "volume": 14349,
        "typical_volume": 25152.7,
        "trend": 16.916008,
        "fair_value": 26.851697,
        "relative_strength": 8.359437,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.783693,
        "energy": 38.531286,
        "activity_lines": [
          19.48858,
          19.405406,
          18.917288,
          17.996733
        ]
      },
      {
        "date": "2024-02-16",
        "close": 19.57712,
        "volume": 13083,
        "typical_volume": 25006.2,
        "trend": 17.063575,
        "fair_value": 26.762081,
        "relative_strength": 8.892076,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.761358,
        "energy": 42.686179,
        "activity_lines": [
          19.550886,
          19.410772,
          19.079142,
          18.168417
        ]
      },
      {
        "date": "2024-02-23",
        "close": 19.527931,
        "volume": 5418,
        "typical_volume": 23104.8,
        "trend": 17.21606,
        "fair_value": 26.679749,
        "relative_strength": 6.043813,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.543585,
        "energy": 39.186557,
        "activity_lines": [
          19.567282,
          19.437603,
          19.207033,
          18.327408
        ]
      },
      {
        "date": "2024-03-01",
        "close": 18.593344,
        "volume": 7739,
        "typical_volume": 22281.55,
        "trend": 17.329194,
        "fair_value": 26.596102,
        "relative_strength": 1.562934,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 38.999121,
        "energy": 23.781687,
        "activity_lines": [
          19.216402,
          19.296297,
          19.220618,
          18.416265
        ]
      },
      {
        "date": "2024-03-08",
        "close": 18.150646,
        "volume": 11165,
        "typical_volume": 21973.95,
        "trend": 17.427571,
        "fair_value": 26.489159,
        "relative_strength": -1.751357,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.42683,
        "energy": 12.464375,
        "activity_lines": [
          18.803217,
          19.094176,
          19.173772,
          18.469262
        ]
      },
      {
        "date": "2024-03-15",
        "close": 17.904703,
        "volume": 15977,
        "typical_volume": 22172.45,
        "trend": 17.52267,
        "fair_value": 26.387069,
        "relative_strength": -4.427466,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.219796,
        "energy": 16.886166,
        "activity_lines": [
          18.435941,
          18.866119,
          19.088277,
          18.500045
        ]
      },
      {
        "date": "2024-03-22",
        "close": 18.7901,
        "volume": 7752,
        "typical_volume": 21714.7,
        "trend": 17.642362,
        "fair_value": 26.259674,
        "relative_strength": 0.600983,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.40415,
        "energy": 20.131203,
        "activity_lines": [
          18.449058,
          18.815141,
          19.071178,
          18.581814
        ]
      },
      {
        "date": "2024-03-29",
        "close": 20.856028,
        "volume": 40560,
        "typical_volume": 22128.8,
        "trend": 17.839117,
        "fair_value": 26.138508,
        "relative_strength": 10.770174,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.623232,
        "energy": 24.50556,
        "activity_lines": [
          19.203286,
          19.146048,
          19.236781,
          18.789148
        ]
      },
      {
        "date": "2024-04-05",
        "close": 21.249537,
        "volume": 19983,
        "typical_volume": 21169.6,
        "trend": 18.052269,
        "fair_value": 26.032724,
        "relative_strength": 14.525269,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 73.196102,
        "energy": 58.709896,
        "activity_lines": [
          20.000143,
          19.50915,
          19.419247,
          19.009175
        ]
      },
      {
        "date": "2024-04-12",
        "close": 23.315464,
        "volume": 33469,
        "typical_volume": 20971.4,
        "trend": 18.337563,
        "fair_value": 25.940183,
        "relative_strength": 25.757765,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.097132,
        "energy": 85.938385,
        "activity_lines": [
          21.308564,
          20.222834,
          19.786289,
          19.348736
        ]
      },
      {
        "date": "2024-04-19",
        "close": 22.921953,
        "volume": 26253,
        "typical_volume": 21222.05,
        "trend": 18.61466,
        "fair_value": 25.846874,
        "relative_strength": 22.826526,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.088138,
        "energy": 89.907249,
        "activity_lines": [
          22.141493,
          20.805944,
          20.097583,
          19.644503
        ]
      },
      {
        "date": "2024-04-26",
        "close": 23.11871,
        "volume": 10369,
        "typical_volume": 19237.75,
        "trend": 18.937666,
        "fair_value": 25.754241,
        "relative_strength": 22.319349,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.461002,
        "energy": 91.062768,
        "activity_lines": [
          22.705524,
          21.356858,
          20.411923,
          19.935087
        ]
      },
      {
        "date": "2024-05-03",
        "close": 22.725199,
        "volume": 10389,
        "typical_volume": 18366.75,
        "trend": 19.221321,
        "fair_value": 25.644472,
        "relative_strength": 21.730801,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.911772,
        "energy": 87.868586,
        "activity_lines": [
          22.849811,
          21.771832,
          20.679884,
          20.179444
        ]
      },
      {
        "date": "2024-05-10",
        "close": 21.839802,
        "volume": 10883,
        "typical_volume": 17671.1,
        "trend": 19.457427,
        "fair_value": 25.526689,
        "relative_strength": 12.795411,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.254021,
        "energy": 75.141554,
        "activity_lines": [
          22.574354,
          21.967693,
          20.848766,
          20.348378
        ]
      },
      {
        "date": "2024-05-17",
        "close": 22.528444,
        "volume": 33224,
        "typical_volume": 18924.55,
        "trend": 19.709929,
        "fair_value": 25.40806,
        "relative_strength": 16.555932,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.336761,
        "energy": 56.231506,
        "activity_lines": [
          22.489093,
          22.229734,
          21.072926,
          20.546508
        ]
      },
      {
        "date": "2024-05-24",
        "close": 22.823578,
        "volume": 21553,
        "typical_volume": 19653.95,
        "trend": 19.985386,
        "fair_value": 25.303013,
        "relative_strength": 18.554723,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.069816,
        "energy": 50.084812,
        "activity_lines": [
          22.554679,
          22.465841,
          21.309266,
          20.747389
        ]
      },
      {
        "date": "2024-05-31",
        "close": 22.33169,
        "volume": 9741,
        "typical_volume": 16390.9,
        "trend": 20.201817,
        "fair_value": 25.171432,
        "relative_strength": 17.052524,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.116803,
        "energy": 38.423348,
        "activity_lines": [
          22.46286,
          22.523079,
          21.479553,
          20.898763
        ]
      },
      {
        "date": "2024-06-07",
        "close": 22.233313,
        "volume": 9694,
        "typical_volume": 16300.0,
        "trend": 20.392013,
        "fair_value": 25.033526,
        "relative_strength": 15.926269,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.927938,
        "energy": 36.419031,
        "activity_lines": [
          22.390717,
          22.498037,
          21.625246,
          21.029827
        ]
      },
      {
        "date": "2024-06-14",
        "close": 18.888477,
        "volume": 27450,
        "typical_volume": 17310.05,
        "trend": 20.398572,
        "fair_value": 24.874178,
        "relative_strength": 4.704472,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.161135,
        "energy": 12.091931,
        "activity_lines": [
          21.23642,
          21.839802,
          21.435517,
          20.932825
        ]
      },
      {
        "date": "2024-06-21",
        "close": 18.593344,
        "volume": 21211,
        "typical_volume": 17513.1,
        "trend": 20.369058,
        "fair_value": 24.713537,
        "relative_strength": 1.170227,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -32.637016,
        "energy": 33.510701,
        "activity_lines": [
          20.180502,
          21.170835,
          21.222366,
          20.816359
        ]
      },
      {
        "date": "2024-06-28",
        "close": 18.494967,
        "volume": 21755,
        "typical_volume": 17883.4,
        "trend": 20.331347,
        "fair_value": 24.554662,
        "relative_strength": 2.370362,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -36.730214,
        "energy": 45.005252,
        "activity_lines": [
          19.354131,
          20.569838,
          21.006873,
          20.69545
        ]
      },
      {
        "date": "2024-07-05",
        "close": 19.675497,
        "volume": 12526,
        "typical_volume": 17855.55,
        "trend": 20.278879,
        "fair_value": 24.403355,
        "relative_strength": 5.825613,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.87729,
        "energy": 42.45193,
        "activity_lines": [
          19.209843,
          20.263973,
          20.90709,
          20.653137
        ]
      },
      {
        "date": "2024-07-12",
        "close": 18.593344,
        "volume": 8306,
        "typical_volume": 17999.95,
        "trend": 20.244447,
        "fair_value": 24.245711,
        "relative_strength": -0.860936,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.364932,
        "energy": 62.77401,
        "activity_lines": [
          18.881918,
          19.823958,
          20.703776,
          20.544393
        ]
      },
      {
        "date": "2024-07-19",
        "close": 21.052782,
        "volume": 8813,
        "typical_volume": 18053.65,
        "trend": 20.290356,
        "fair_value": 24.12061,
        "relative_strength": 14.395551,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -13.898112,
        "energy": 26.213637,
        "activity_lines": [
          19.61647,
          19.906237,
          20.739145,
          20.596543
        ]
      },
      {
        "date": "2024-07-26",
        "close": 20.659271,
        "volume": 7975,
        "typical_volume": 17894.15,
        "trend": 20.339545,
        "fair_value": 23.98999,
        "relative_strength": 11.850039,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -1.304393,
        "energy": 6.220062,
        "activity_lines": [
          20.075565,
          19.931278,
          20.725325,
          20.620344
        ]
      },
      {
        "date": "2024-08-02",
        "close": 20.560894,
        "volume": 6961,
        "typical_volume": 17443.35,
        "trend": 20.398572,
        "fair_value": 23.83537,
        "relative_strength": 14.718624,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 3.638331,
        "energy": 8.464941,
        "activity_lines": [
          20.364139,
          19.972418,
          20.690191,
          20.634625
        ]
      },
      {
        "date": "2024-08-09",
        "close": 19.626308,
        "volume": 7047,
        "typical_volume": 17408.1,
        "trend": 20.414968,
        "fair_value": 23.662776,
        "relative_strength": 8.702312,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -8.398033,
        "energy": 13.337189,
        "activity_lines": [
          20.203456,
          19.884772,
          20.553399,
          20.584801
        ]
      },
      {
        "date": "2024-08-16",
        "close": 19.57712,
        "volume": 4046,
        "typical_volume": 15582.4,
        "trend": 20.444481,
        "fair_value": 23.502449,
        "relative_strength": 5.38019,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -13.224747,
        "energy": 9.06536,
        "activity_lines": [
          20.029656,
          19.837372,
          20.407941,
          20.530747
        ]
      },
      {
        "date": "2024-08-23",
        "close": 20.265762,
        "volume": 6569,
        "typical_volume": 14911.7,
        "trend": 20.457598,
        "fair_value": 23.326764,
        "relative_strength": 6.782479,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -8.049577,
        "energy": 9.138893,
        "activity_lines": [
          20.019818,
          19.963475,
          20.334158,
          20.519216
        ]
      },
      {
        "date": "2024-08-30",
        "close": 20.462517,
        "volume": 8154,
        "typical_volume": 13645.95,
        "trend": 20.470715,
        "fair_value": 23.153537,
        "relative_strength": 6.540361,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -8.272094,
        "energy": 9.333009,
        "activity_lines": [
          20.128034,
          20.100309,
          20.283798,
          20.519534
        ]
      },
      {
        "date": "2024-09-06",
        "close": 20.856028,
        "volume": 6714,
        "typical_volume": 12669.0,
        "trend": 20.526462,
        "fair_value": 22.992421,
        "relative_strength": 12.032686,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 3.637568,
        "energy": 4.418437,
        "activity_lines": [
          20.380536,
          20.274705,
          20.284501,
          20.544392
        ]
      },
      {
        "date": "2024-09-13",
        "close": 22.33169,
        "volume": 10905,
        "typical_volume": 12695.8,
        "trend": 20.618281,
        "fair_value": 22.823986,
        "relative_strength": 17.26143,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 39.028488,
        "energy": 32.54111,
        "activity_lines": [
          21.10525,
          20.674476,
          20.43558,
          20.660859
        ]
      },
      {
        "date": "2024-09-20",
        "close": 22.134933,
        "volume": 3666,
        "typical_volume": 12359.65,
        "trend": 20.705181,
        "fair_value": 22.681254,
        "relative_strength": 14.89077,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 38.367516,
        "energy": 52.076396,
        "activity_lines": [
          21.58402,
          20.990178,
          20.571669,
          20.758707
        ]
      },
      {
        "date": "2024-09-27",
        "close": 21.938179,
        "volume": 52759,
        "typical_volume": 14453.45,
        "trend": 20.816676,
        "fair_value": 22.549245,
        "relative_strength": 8.848382,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 34.166603,
        "energy": 54.87184,
        "activity_lines": [
          21.826685,
          21.205714,
          20.69183,
          20.838255
        ]
      },
      {
        "date": "2024-10-04",
        "close": 23.610596,
        "volume": 32822,
        "typical_volume": 14433.35,
        "trend": 20.998674,
        "fair_value": 22.427358,
        "relative_strength": 20.039238,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 55.2045,
        "energy": 70.160529,
        "activity_lines": [
          22.515327,
          21.709228,
          20.970801,
          21.018508
        ]
      },
      {
        "date": "2024-10-11",
        "close": 24.594372,
        "volume": 44657,
        "typical_volume": 15588.55,
        "trend": 21.221663,
        "fair_value": 22.303987,
        "relative_strength": 23.402185,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 86.353299,
        "energy": 84.674342,
        "activity_lines": [
          23.322022,
          22.33795,
          21.338311,
          21.250489
        ]
      },
      {
        "date": "2024-10-18",
        "close": 24.594372,
        "volume": 10412,
        "typical_volume": 15622.1,
        "trend": 21.415139,
        "fair_value": 22.191402,
        "relative_strength": 21.908119,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.824626,
        "energy": 88.908328,
        "activity_lines": [
          23.879495,
          22.893335,
          21.697389,
          21.468083
        ]
      },
      {
        "date": "2024-10-25",
        "close": 24.889503,
        "volume": 8917,
        "typical_volume": 15583.25,
        "trend": 21.549588,
        "fair_value": 22.088498,
        "relative_strength": 24.210706,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.068173,
        "energy": 91.98904,
        "activity_lines": [
          24.384499,
          23.412053,
          22.0738,
          21.692236
        ]
      },
      {
        "date": "2024-11-01",
        "close": 24.594372,
        "volume": 8989,
        "typical_volume": 14660.2,
        "trend": 21.661083,
        "fair_value": 21.990893,
        "relative_strength": 23.252027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.755067,
        "energy": 87.096665,
        "activity_lines": [
          24.607489,
          23.780521,
          22.409454,
          21.888673
        ]
      },
      {
        "date": "2024-11-08",
        "close": 24.791126,
        "volume": 9295,
        "typical_volume": 14064.4,
        "trend": 21.710271,
        "fair_value": 21.896347,
        "relative_strength": 24.51285,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.915873,
        "energy": 85.79116,
        "activity_lines": [
          24.718983,
          24.106061,
          22.736677,
          22.090611
        ]
      },
      {
        "date": "2024-11-15",
        "close": 24.791126,
        "volume": 14539,
        "typical_volume": 13703.6,
        "trend": 21.772577,
        "fair_value": 21.817979,
        "relative_strength": 24.963427,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.404661,
        "energy": 74.340177,
        "activity_lines": [
          24.751775,
          24.352899,
          23.034385,
          22.289376
        ]
      },
      {
        "date": "2024-11-22",
        "close": 24.29924,
        "volume": 17933,
        "typical_volume": 13973.95,
        "trend": 21.811928,
        "fair_value": 21.743049,
        "relative_strength": 22.146937,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.504085,
        "energy": 58.095887,
        "activity_lines": [
          24.607489,
          24.438756,
          23.255266,
          22.452387
        ]
      },
      {
        "date": "2024-11-29",
        "close": 24.594372,
        "volume": 28547,
        "typical_volume": 14986.0,
        "trend": 21.874234,
        "fair_value": 21.670611,
        "relative_strength": 23.341089,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.989393,
        "energy": 52.104467,
        "activity_lines": [
          24.581255,
          24.5425,
          23.482237,
          22.631899
        ]
      },
      {
        "date": "2024-12-06",
        "close": 23.315464,
        "volume": 22192,
        "typical_volume": 15654.95,
        "trend": 21.923423,
        "fair_value": 21.581585,
        "relative_strength": 13.657503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.672663,
        "energy": 36.888035,
        "activity_lines": [
          24.148394,
          24.368998,
          23.558831,
          22.724882
        ]
      },
      {
        "date": "2024-12-13",
        "close": 24.200861,
        "volume": 19932,
        "typical_volume": 16252.8,
        "trend": 21.97917,
        "fair_value": 21.512017,
        "relative_strength": 17.689809,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.329559,
        "energy": 31.810388,
        "activity_lines": [
          24.095926,
          24.331435,
          23.708974,
          22.871813
        ]
      },
      {
        "date": "2024-12-20",
        "close": 23.413841,
        "volume": 9967,
        "typical_volume": 16403.1,
        "trend": 21.998845,
        "fair_value": 21.440999,
        "relative_strength": 15.481565,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.236485,
        "energy": 23.423947,
        "activity_lines": [
          23.820468,
          24.140046,
          23.767298,
          22.964373
        ]
      },
      {
        "date": "2024-12-27",
        "close": 26.070034,
        "volume": 16520,
        "typical_volume": 16876.75,
        "trend": 22.123457,
        "fair_value": 21.386409,
        "relative_strength": 26.295894,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 74.964359,
        "energy": 41.969614,
        "activity_lines": [
          24.522228,
          24.453066,
          24.065007,
          23.22703
        ]
      },
      {
        "date": "2025-01-03",
        "close": 25.578146,
        "volume": 4824,
        "typical_volume": 16915.65,
        "trend": 22.234951,
        "fair_value": 21.318479,
        "relative_strength": 24.322529,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 71.449547,
        "energy": 51.992026,
        "activity_lines": [
          24.941972,
          24.64982,
          24.285185,
          23.449913
        ]
      },
      {
        "date": "2025-01-10",
        "close": 24.594372,
        "volume": 32698,
        "typical_volume": 18222.1,
        "trend": 22.425148,
        "fair_value": 21.239449,
        "relative_strength": 16.554626,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.248536,
        "energy": 47.889186,
        "activity_lines": [
          24.968206,
          24.655187,
          24.383094,
          23.602134
        ]
      },
      {
        "date": "2025-01-17",
        "close": 24.692749,
        "volume": 9425,
        "typical_volume": 18285.65,
        "trend": 22.628461,
        "fair_value": 21.162848,
        "relative_strength": 12.28317,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.248379,
        "energy": 51.096908,
        "activity_lines": [
          24.941972,
          24.67844,
          24.46976,
          23.748431
        ]
      },
      {
        "date": "2025-01-24",
        "close": 24.987881,
        "volume": 26587,
        "typical_volume": 19279.3,
        "trend": 22.844892,
        "fair_value": 21.093531,
        "relative_strength": 10.095064,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.493422,
        "energy": 41.321193,
        "activity_lines": [
          24.981323,
          24.757141,
          24.56439,
          23.900651
        ]
      },
      {
        "date": "2025-01-31",
        "close": 24.987881,
        "volume": 27264,
        "typical_volume": 20097.25,
        "trend": 23.021971,
        "fair_value": 21.023615,
        "relative_strength": 9.415528,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.772918,
        "energy": 34.217015,
        "activity_lines": [
          24.915738,
          24.832266,
          24.639344,
          24.038909
        ]
      },
      {
        "date": "2025-02-07",
        "close": 24.889503,
        "volume": 8265,
        "typical_volume": 20327.2,
        "trend": 23.231843,
        "fair_value": 20.953667,
        "relative_strength": 8.227966,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.124735,
        "energy": 30.165528,
        "activity_lines": [
          24.889503,
          24.876983,
          24.69228,
          24.159395
        ]
      },
      {
        "date": "2025-02-14",
        "close": 24.102484,
        "volume": 12462,
        "typical_volume": 18312.35,
        "trend": 23.3335,
        "fair_value": 20.886465,
        "relative_strength": 1.882223,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 31.632608,
        "energy": 18.499491,
        "activity_lines": [
          24.646839,
          24.773239,
          24.657146,
          24.215565
        ]
      },
      {
        "date": "2025-02-21",
        "close": 27.34894,
        "volume": 16274,
        "typical_volume": 17484.95,
        "trend": 23.556489,
        "fair_value": 20.858049,
        "relative_strength": 15.254162,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.883066,
        "energy": 43.87598,
        "activity_lines": [
          25.519119,
          25.245451,
          24.920891,
          24.474626
        ]
      },
      {
        "date": "2025-02-28",
        "close": 27.053808,
        "volume": 12071,
        "typical_volume": 15855.65,
        "trend": 23.772919,
        "fair_value": 20.839725,
        "relative_strength": 13.866815,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.720086,
        "energy": 58.755344,
        "activity_lines": [
          26.115943,
          25.606765,
          25.138727,
          24.700259
        ]
      },
      {
        "date": "2025-03-07",
        "close": 29.119736,
        "volume": 20513,
        "typical_volume": 16360.7,
        "trend": 24.089367,
        "fair_value": 20.832247,
        "relative_strength": 21.367953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.606394,
        "energy": 83.50172,
        "activity_lines": [
          27.26368,
          26.27752,
          25.541606,
          25.045215
        ]
      },
      {
        "date": "2025-03-14",
        "close": 26.365166,
        "volume": 19904,
        "typical_volume": 16910.05,
        "trend": 24.315635,
        "fair_value": 20.790335,
        "relative_strength": 10.3698,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.967895,
        "energy": 71.732306,
        "activity_lines": [
          27.217771,
          26.391996,
          25.660596,
          25.192041
        ]
      },
      {
        "date": "2025-03-21",
        "close": 27.644073,
        "volume": 11748,
        "typical_volume": 17048.0,
        "trend": 24.561579,
        "fair_value": 20.769803,
        "relative_strength": 14.673454,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.823943,
        "energy": 68.412167,
        "activity_lines": [
          27.499786,
          26.724691,
          25.894359,
          25.406779
        ]
      },
      {
        "date": "2025-03-28",
        "close": 27.152185,
        "volume": 16577,
        "typical_volume": 17412.1,
        "trend": 24.784568,
        "fair_value": 20.7593,
        "relative_strength": 13.789555,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.909417,
        "energy": 53.755039,
        "activity_lines": [
          27.381733,
          26.912502,
          26.066754,
          25.573915
        ]
      },
      {
        "date": "2025-04-04",
        "close": 24.102484,
        "volume": 20094,
        "typical_volume": 17689.85,
        "trend": 24.892783,
        "fair_value": 20.728049,
        "relative_strength": 9.437864,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 18.720119,
        "energy": 11.91338,
        "activity_lines": [
          26.26023,
          26.501106,
          25.937458,
          25.529909
        ]
      },
      {
        "date": "2025-04-11",
        "close": 23.758162,
        "volume": 21295,
        "typical_volume": 17857.95,
        "trend": 24.940332,
        "fair_value": 20.700584,
        "relative_strength": 10.154597,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 6.675494,
        "energy": 13.899501,
        "activity_lines": [
          25.220708,
          26.043203,
          25.778649,
          25.456708
        ]
      },
      {
        "date": "2025-04-18",
        "close": 24.446806,
        "volume": 7841,
        "typical_volume": 16822.65,
        "trend": 25.017394,
        "fair_value": 20.673338,
        "relative_strength": 10.183009,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.571796,
        "energy": 21.367065,
        "activity_lines": [
          24.768172,
          25.732867,
          25.688001,
          25.424868
        ]
      },
      {
        "date": "2025-04-25",
        "close": 25.676523,
        "volume": 8988,
        "typical_volume": 16162.45,
        "trend": 25.142006,
        "fair_value": 20.658769,
        "relative_strength": 11.493947,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.713054,
        "energy": 22.847824,
        "activity_lines": [
          24.853432,
          25.654165,
          25.715172,
          25.467392
        ]
      },
      {
        "date": "2025-05-02",
        "close": 27.644073,
        "volume": 8015,
        "typical_volume": 15566.6,
        "trend": 25.276455,
        "fair_value": 20.663403,
        "relative_strength": 15.907443,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 31.415602,
        "energy": 16.016558,
        "activity_lines": [
          25.725712,
          25.90458,
          25.918485,
          25.628816
        ]
      },
      {
        "date": "2025-05-09",
        "close": 28.996763,
        "volume": 22412,
        "typical_volume": 16188.85,
        "trend": 25.423202,
        "fair_value": 20.678507,
        "relative_strength": 21.173214,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 64.334323,
        "energy": 42.304995,
        "activity_lines": [
          27.016097,
          26.395573,
          26.23423,
          25.868836
        ]
      },
      {
        "date": "2025-05-16",
        "close": 30.792152,
        "volume": 18885,
        "typical_volume": 16307.1,
        "trend": 25.629794,
        "fair_value": 20.70392,
        "relative_strength": 25.449063,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 76.453793,
        "energy": 72.161946,
        "activity_lines": [
          28.578659,
          27.177674,
          26.694379,
          26.215219
        ]
      },
      {
        "date": "2025-05-23",
        "close": 28.234339,
        "volume": 12169,
        "typical_volume": 16674.35,
        "trend": 25.741289,
        "fair_value": 20.717132,
        "relative_strength": 16.694081,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.420618,
        "energy": 68.696849,
        "activity_lines": [
          28.819684,
          27.464311,
          26.88844,
          26.383255
        ]
      },
      {
        "date": "2025-05-30",
        "close": 30.89053,
        "volume": 17039,
        "typical_volume": 15891.4,
        "trend": 25.951161,
        "fair_value": 20.742578,
        "relative_strength": 26.458363,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.179872,
        "energy": 77.550022,
        "activity_lines": [
          29.693604,
          28.199906,
          27.322824,
          26.715464
        ]
      },
      {
        "date": "2025-06-06",
        "close": 29.021358,
        "volume": 8888,
        "typical_volume": 15864.55,
        "trend": 26.092168,
        "fair_value": 20.758438,
        "relative_strength": 17.327025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.018837,
        "energy": 67.499877,
        "activity_lines": [
          29.596866,
          28.536625,
          27.549209,
          26.913541
        ]
      },
      {
        "date": "2025-06-13",
        "close": 28.922979,
        "volume": 4245,
        "typical_volume": 14747.45,
        "trend": 26.229897,
        "fair_value": 20.784293,
        "relative_strength": 17.866694,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.493447,
        "energy": 43.544083,
        "activity_lines": [
          29.375516,
          28.821472,
          27.745613,
          27.096174
        ]
      },
      {
        "date": "2025-06-20",
        "close": 29.31649,
        "volume": 11353,
        "typical_volume": 13951.9,
        "trend": 26.397139,
        "fair_value": 20.814563,
        "relative_strength": 19.936509,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.900511,
        "energy": 41.213972,
        "activity_lines": [
          29.290256,
          29.090222,
          27.960755,
          27.295309
        ]
      },
      {
        "date": "2025-06-27",
        "close": 30.398642,
        "volume": 23307,
        "typical_volume": 14704.0,
        "trend": 26.590614,
        "fair_value": 20.850509,
        "relative_strength": 21.641686,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.631093,
        "energy": 41.03595,
        "activity_lines": [
          29.66409,
          29.454666,
          28.258347,
          27.55347
        ]
      },
      {
        "date": "2025-07-04",
        "close": 29.799999,
        "volume": 41478,
        "typical_volume": 16154.8,
        "trend": 26.806765,
        "fair_value": 20.878833,
        "relative_strength": 18.257077,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.204453,
        "energy": 39.291947,
        "activity_lines": [
          29.69409,
          29.60205,
          28.472691,
          27.760528
        ]
      },
      {
        "date": "2025-07-11",
        "close": 30.5,
        "volume": 38196,
        "typical_volume": 17250.9,
        "trend": 27.016737,
        "fair_value": 20.917321,
        "relative_strength": 17.947378,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.99383,
        "energy": 44.129419,
        "activity_lines": [
          30.030125,
          29.801735,
          28.726571,
          27.998801
        ]
      },
      {
        "date": "2025-07-18",
        "close": 29.5,
        "volume": 16876,
        "typical_volume": 17491.15,
        "trend": 27.219609,
        "fair_value": 20.948767,
        "relative_strength": 13.531023,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.402952,
        "energy": 38.572921,
        "activity_lines": [
          29.934251,
          29.767676,
          28.870208,
          28.159011
        ]
      },
      {
        "date": "2025-07-25",
        "close": 29.0,
        "volume": 6444,
        "typical_volume": 16787.7,
        "trend": 27.317274,
        "fair_value": 20.969441,
        "relative_strength": 10.825345,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.425044,
        "energy": 27.290716,
        "activity_lines": [
          29.633243,
          29.633558,
          28.954577,
          28.273875
        ]
      },
      {
        "date": "2025-08-01",
        "close": 29.0,
        "volume": 8843,
        "typical_volume": 16234.65,
        "trend": 27.431336,
        "fair_value": 20.977502,
        "relative_strength": 14.397407,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.106807,
        "energy": 22.323752,
        "activity_lines": [
          29.353333,
          29.532024,
          29.039516,
          28.382438
        ]
      },
      {
        "date": "2025-08-08",
        "close": 31.200001,
        "volume": 65002,
        "typical_volume": 18897.35,
        "trend": 27.651524,
        "fair_value": 21.00408,
        "relative_strength": 19.040908,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 64.08513,
        "energy": 32.396704,
        "activity_lines": [
          29.9,
          29.81657,
          29.321433,
          28.625578
        ]
      },
      {
        "date": "2025-08-15",
        "close": 30.799999,
        "volume": 13258,
        "typical_volume": 18731.4,
        "trend": 27.855099,
        "fair_value": 21.019896,
        "relative_strength": 14.022669,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.873991,
        "energy": 34.577819,
        "activity_lines": [
          30.22,
          30.022761,
          29.548321,
          28.828705
        ]
      },
      {
        "date": "2025-08-22",
        "close": 30.5,
        "volume": 2847,
        "typical_volume": 17869.05,
        "trend": 28.038836,
        "fair_value": 21.038203,
        "relative_strength": 11.531943,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.241704,
        "energy": 44.617002,
        "activity_lines": [
          30.42,
          30.142069,
          29.729267,
          28.999344
        ]
      },
      {
        "date": "2025-08-29",
        "close": 28.700001,
        "volume": 42140,
        "typical_volume": 18911.3,
        "trend": 28.162573,
        "fair_value": 21.048756,
        "relative_strength": 7.93909,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.27036,
        "energy": 30.551622,
        "activity_lines": [
          29.953334,
          29.90543,
          29.70832,
          29.042
        ]
      },
      {
        "date": "2025-09-05",
        "close": 27.200001,
        "volume": 18977,
        "typical_volume": 19468.1,
        "trend": 28.23959,
        "fair_value": 21.064828,
        "relative_strength": 2.282659,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -3.433572,
        "energy": 7.341212,
        "activity_lines": [
          29.006667,
          29.407273,
          29.520984,
          28.979899
        ]
      },
      {
        "date": "2025-09-12",
        "close": 27.4,
        "volume": 18928,
        "typical_volume": 19965.1,
        "trend": 28.349507,
        "fair_value": 21.099209,
        "relative_strength": 0.768359,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.532427,
        "energy": 23.731804,
        "activity_lines": [
          28.246667,
          29.003637,
          29.339585,
          28.925731
        ]
      },
      {
        "date": "2025-09-19",
        "close": 29.700001,
        "volume": 7796,
        "typical_volume": 19954.15,
        "trend": 28.427876,
        "fair_value": 21.171667,
        "relative_strength": 8.334805,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.667129,
        "energy": 20.29492,
        "activity_lines": [
          28.506667,
          29.061819,
          29.369026,
          29.01286
        ]
      },
      {
        "date": "2025-09-26",
        "close": 30.200001,
        "volume": 13756,
        "typical_volume": 19521.35,
        "trend": 28.532749,
        "fair_value": 21.259311,
        "relative_strength": 9.304332,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 22.250875,
        "energy": 16.355999,
        "activity_lines": [
          29.006667,
          29.225455,
          29.436296,
          29.127191
        ]
      },
      {
        "date": "2025-10-03",
        "close": 32.5,
        "volume": 57028,
        "typical_volume": 21428.5,
        "trend": 28.645424,
        "fair_value": 21.357285,
        "relative_strength": 14.00344,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 65.138039,
        "energy": 40.045976,
        "activity_lines": [
          30.293334,
          29.794546,
          29.716885,
          29.383142
        ]
      },
      {
        "date": "2025-10-10",
        "close": 31.200001,
        "volume": 15476,
        "typical_volume": 21593.85,
        "trend": 28.806585,
        "fair_value": 21.450079,
        "relative_strength": 11.28223,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 56.292849,
        "energy": 45.258423,
        "activity_lines": [
          30.893334,
          30.063637,
          29.865531,
          29.547954
        ]
      },
      {
        "date": "2025-10-17",
        "close": 29.200001,
        "volume": 14561,
        "typical_volume": 21469.95,
        "trend": 28.85845,
        "fair_value": 21.514917,
        "relative_strength": 0.697616,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 45.225872,
        "energy": 34.610481,
        "activity_lines": [
          30.560001,
          29.929092,
          29.809578,
          29.573336
        ]
      },
      {
        "date": "2025-10-24",
        "close": 29.4,
        "volume": 8444,
        "typical_volume": 21447.75,
        "trend": 28.933377,
        "fair_value": 21.580407,
        "relative_strength": 0.614596,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 43.573272,
        "energy": 29.988352,
        "activity_lines": [
          30.173334,
          29.867273,
          29.780724,
          29.608274
        ]
      },
      {
        "date": "2025-10-31",
        "close": 28.6,
        "volume": 6867,
        "typical_volume": 21578.85,
        "trend": 29.083294,
        "fair_value": 21.64203,
        "relative_strength": -0.971449,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 14.896119,
        "energy": 8.444765,
        "activity_lines": [
          29.54,
          29.685455,
          29.673876,
          29.586766
        ]
      },
      {
        "date": "2025-11-07",
        "close": 30.299999,
        "volume": 22982,
        "typical_volume": 22160.3,
        "trend": 29.301355,
        "fair_value": 21.717072,
        "relative_strength": 6.919612,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 29.71751,
        "energy": 17.11975,
        "activity_lines": [
          29.58,
          29.847273,
          29.73047,
          29.665263
        ]
      },
      {
        "date": "2025-11-14",
        "close": 31.0,
        "volume": 16050,
        "typical_volume": 21797.45,
        "trend": 29.519795,
        "fair_value": 21.798179,
        "relative_strength": 6.225207,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 38.533196,
        "energy": 15.353775,
        "activity_lines": [
          30.0,
          30.107273,
          29.849048,
          29.774853
        ]
      },
      {
        "date": "2025-11-21",
        "close": 30.6,
        "volume": 20527,
        "typical_volume": 20749.9,
        "trend": 29.683911,
        "fair_value": 21.87546,
        "relative_strength": 7.037721,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 43.822359,
        "energy": 20.166004,
        "activity_lines": [
          30.3,
          30.225455,
          29.926667,
          29.844544
        ]
      },
      {
        "date": "2025-11-28",
        "close": 30.799999,
        "volume": 6531,
        "typical_volume": 19166.65,
        "trend": 29.789109,
        "fair_value": 21.959699,
        "relative_strength": 5.656889,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 49.407122,
        "energy": 38.168807,
        "activity_lines": [
          30.573333,
          30.321818,
          30.019524,
          29.916549
        ]
      },
      {
        "date": "2025-12-05",
        "close": 31.6,
        "volume": 6425,
        "typical_volume": 18644.1,
        "trend": 29.875883,
        "fair_value": 22.04812,
        "relative_strength": 8.070581,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 59.968068,
        "energy": 50.461656,
        "activity_lines": [
          31.02,
          30.543636,
          30.187143,
          30.033381
        ]
      },
      {
        "date": "2025-12-12",
        "close": 30.6,
        "volume": 11617,
        "typical_volume": 18902.75,
        "trend": 29.869478,
        "fair_value": 22.130761,
        "relative_strength": 4.954005,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 52.442407,
        "energy": 43.46434,
        "activity_lines": [
          30.933333,
          30.558182,
          30.249524,
          30.080098
        ]
      },
      {
        "date": "2025-12-19",
        "close": 31.1,
        "volume": 14030,
        "typical_volume": 19162.1,
        "trend": 29.965,
        "fair_value": 22.2144,
        "relative_strength": 5.251718,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 53.400274,
        "energy": 40.455489,
        "activity_lines": [
          30.993333,
          30.698182,
          30.351905,
          30.159487
        ]
      },
      {
        "date": "2025-12-26",
        "close": 32.0,
        "volume": 4572,
        "typical_volume": 16140.6,
        "trend": 30.001982,
        "fair_value": 22.302232,
        "relative_strength": 8.703113,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 63.754963,
        "energy": 49.084574,
        "activity_lines": [
          31.346667,
          31.003636,
          30.53,
          30.290777
        ]
      },
      {
        "date": "2026-01-02",
        "close": 32.200001,
        "volume": 10541,
        "typical_volume": 16004.75,
        "trend": 30.107937,
        "fair_value": 22.38504,
        "relative_strength": 7.921441,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.411795,
        "energy": 50.19549,
        "activity_lines": [
          31.673334,
          31.294546,
          30.723333,
          30.432585
        ]
      },
      {
        "date": "2026-01-09",
        "close": 33.099998,
        "volume": 16390,
        "typical_volume": 16681.9,
        "trend": 30.247171,
        "fair_value": 22.47677,
        "relative_strength": 8.352664,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.956354,
        "energy": 65.530695,
        "activity_lines": [
          32.206666,
          31.698182,
          30.995714,
          30.625621
        ]
      },
      {
        "date": "2026-01-16",
        "close": 35.0,
        "volume": 21652,
        "typical_volume": 15657.5,
        "trend": 30.436621,
        "fair_value": 22.575319,
        "relative_strength": 15.374631,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.009926,
        "energy": 81.587765,
        "activity_lines": [
          33.273333,
          32.365454,
          31.436667,
          30.932255
        ]
      },
      {
        "date": "2026-01-23",
        "close": 35.0,
        "volume": 7916,
        "typical_volume": 15104.45,
        "trend": 30.59,
        "fair_value": 22.673553,
        "relative_strength": 16.318633,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.653354,
        "energy": 83.335193,
        "activity_lines": [
          34.046666,
          32.947273,
          31.847619,
          31.226667
        ]
      },
      {
        "date": "2026-01-30",
        "close": 35.900002,
        "volume": 12751,
        "typical_volume": 14795.6,
        "trend": 30.793334,
        "fair_value": 22.779133,
        "relative_strength": 18.764432,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.613732,
        "energy": 87.701772,
        "activity_lines": [
          34.86,
          33.62,
          32.307143,
          31.569247
        ]
      },
      {
        "date": "2026-02-06",
        "close": 34.700001,
        "volume": 6764,
        "typical_volume": 14744.0,
        "trend": 30.933334,
        "fair_value": 22.88175,
        "relative_strength": 12.129164,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.846417,
        "energy": 83.130342,
        "activity_lines": [
          35.013334,
          33.978182,
          32.611905,
          31.821291
        ]
      },
      {
        "date": "2026-02-13",
        "close": 35.799999,
        "volume": 16386,
        "typical_volume": 14875.5,
        "trend": 31.143334,
        "fair_value": 22.991103,
        "relative_strength": 14.356475,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.880528,
        "energy": 81.893155,
        "activity_lines": [
          35.366667,
          34.465455,
          32.997619,
          32.135269
        ]
      },
      {
        "date": "2026-02-20",
        "close": 35.200001,
        "volume": 6538,
        "typical_volume": 12351.0,
        "trend": 31.35,
        "fair_value": 23.096926,
        "relative_strength": 9.314306,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.125834,
        "energy": 65.656183,
        "activity_lines": [
          35.340001,
          34.767273,
          33.299524,
          32.396989
        ]
      },
      {
        "date": "2026-02-27",
        "close": 35.700001,
        "volume": 10456,
        "typical_volume": 12100.0,
        "trend": 31.573334,
        "fair_value": 23.205323,
        "relative_strength": 9.564034,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.298393,
        "energy": 55.94031,
        "activity_lines": [
          35.466667,
          35.076364,
          33.636191,
          32.677635
        ]
      },
      {
        "date": "2026-03-06",
        "close": 31.9,
        "volume": 27464,
        "typical_volume": 12745.15,
        "trend": 31.596667,
        "fair_value": 23.290306,
        "relative_strength": 4.879252,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 33.053382,
        "energy": 27.424539,
        "activity_lines": [
          34.28,
          34.61091,
          33.589524,
          32.69871
        ]
      },
      {
        "date": "2026-03-13",
        "close": 31.700001,
        "volume": 23311,
        "typical_volume": 13488.5,
        "trend": 31.626667,
        "fair_value": 23.380945,
        "relative_strength": 4.91815,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.87447,
        "energy": 17.864713,
        "activity_lines": [
          33.293334,
          34.11091,
          33.510953,
          32.705377
        ]
      },
      {
        "date": "2026-03-20",
        "close": 29.700001,
        "volume": 14858,
        "typical_volume": 13888.05,
        "trend": 31.6,
        "fair_value": 23.459709,
        "relative_strength": 1.229132,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -6.538723,
        "energy": 24.69058,
        "activity_lines": [
          31.840001,
          33.256364,
          33.230953,
          32.581076
        ]
      },
      {
        "date": "2026-03-27",
        "close": 30.700001,
        "volume": 25018,
        "typical_volume": 13989.85,
        "trend": 31.666667,
        "fair_value": 23.545199,
        "relative_strength": 3.853817,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -24.479039,
        "energy": 35.339515,
        "activity_lines": [
          31.126668,
          32.645455,
          33.040953,
          32.523011
        ]
      },
      {
        "date": "2026-04-03",
        "close": 32.799999,
        "volume": 20847,
        "typical_volume": 14229.7,
        "trend": 31.853334,
        "fair_value": 23.649195,
        "relative_strength": 6.896671,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -16.590613,
        "energy": 25.719696,
        "activity_lines": [
          31.413334,
          32.494546,
          33.049048,
          32.596129
        ]
      },
      {
        "date": "2026-04-10",
        "close": 34.5,
        "volume": 39809,
        "typical_volume": 15193.8,
        "trend": 32.09,
        "fair_value": 23.761881,
        "relative_strength": 7.942459,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.1203,
        "energy": 16.128713,
        "activity_lines": [
          32.46,
          32.692728,
          33.210477,
          32.766882
        ]
      },
      {
        "date": "2026-04-17",
        "close": 33.799999,
        "volume": 24512,
        "typical_volume": 16092.85,
        "trend": 32.226667,
        "fair_value": 23.869765,
        "relative_strength": 3.337468,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.012406,
        "energy": 15.822273,
        "activity_lines": [
          33.1,
          32.789091,
          33.286667,
          32.877204
        ]
      },
      {
        "date": "2026-04-24",
        "close": 35.299999,
        "volume": 24525,
        "typical_volume": 16997.85,
        "trend": 32.396667,
        "fair_value": 23.985057,
        "relative_strength": 10.95413,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.167449,
        "energy": 30.808835,
        "activity_lines": [
          34.099999,
          33.174545,
          33.491429,
          33.075484
        ]
      },
      {
        "date": "2026-05-01",
        "close": 32.621311,
        "volume": 18279,
        "typical_volume": 17330.95,
        "trend": 32.40071,
        "fair_value": 24.080971,
        "relative_strength": 2.843127,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.393438,
        "energy": 22.715457,
        "activity_lines": [
          33.83377,
          33.082056,
          33.423458,
          33.089977
        ]
      },
      {
        "date": "2026-05-08",
        "close": 31.842297,
        "volume": 29487,
        "typical_volume": 18103.8,
        "trend": 32.42212,
        "fair_value": 24.182927,
        "relative_strength": 0.326167,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.46396,
        "energy": 11.676435,
        "activity_lines": [
          33.179782,
          32.894814,
          33.271671,
          33.05395
        ]
      },
      {
        "date": "2026-05-15",
        "close": 29.99213,
        "volume": 26518,
        "typical_volume": 19201.1,
        "trend": 32.448525,
        "fair_value": 24.269554,
        "relative_strength": -3.53871,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -21.577789,
        "energy": 21.124004,
        "activity_lines": [
          31.972918,
          32.441317,
          32.940142,
          32.897177
        ]
      },
      {
        "date": "2026-05-22",
        "close": 32.621311,
        "volume": 26872,
        "typical_volume": 20017.65,
        "trend": 32.555902,
        "fair_value": 24.374927,
        "relative_strength": 2.621258,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.322477,
        "energy": 17.820298,
        "activity_lines": [
          31.942972,
          32.500542,
          32.868573,
          32.908324
        ]
      },
      {
        "date": "2026-05-29",
        "close": 30.673771,
        "volume": 12089,
        "typical_volume": 19802.6,
        "trend": 32.625027,
        "fair_value": 24.462456,
        "relative_strength": -4.191084,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -27.932924,
        "energy": 31.594365,
        "activity_lines": [
          31.342426,
          32.188918,
          32.609518,
          32.786897
        ]
      },
      {
        "date": "2026-06-05",
        "close": 32.329182,
        "volume": 4964,
        "typical_volume": 18968.2,
        "trend": 32.692667,
        "fair_value": 24.565011,
        "relative_strength": 0.444346,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.563283,
        "energy": 29.150764,
        "activity_lines": [
          31.602099,
          32.160572,
          32.519674,
          32.76781
        ]
      },
      {
        "date": "2026-06-12",
        "close": 31.842297,
        "volume": 1392,
        "typical_volume": 18642.0,
        "trend": 32.720743,
        "fair_value": 24.668228,
        "relative_strength": -2.663195,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -45.86603,
        "energy": 22.935097,
        "activity_lines": [
          31.718952,
          32.014081,
          32.396178,
          32.712947
        ]
      },
      {
        "date": "2026-06-19",
        "close": 32.523937,
        "volume": 1500,
        "typical_volume": 18079.45,
        "trend": 32.784875,
        "fair_value": 24.776445,
        "relative_strength": -1.40889,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -34.274243,
        "energy": 17.208161,
        "activity_lines": [
          32.063018,
          32.008937,
          32.352638,
          32.70025
        ]
      },
      {
        "date": "2026-06-26",
        "close": 30.576393,
        "volume": 5572,
        "typical_volume": 18019.85,
        "trend": 32.777421,
        "fair_value": 24.870917,
        "relative_strength": -6.771768,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -54.063309,
        "energy": 25.050064,
        "activity_lines": [
          31.589116,
          31.685622,
          32.139693,
          32.557767
        ]
      },
      {
        "date": "2026-07-03",
        "close": 29.9,
        "volume": 1539,
        "typical_volume": 17277.5,
        "trend": 32.720754,
        "fair_value": 24.961684,
        "relative_strength": -9.995945,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -61.994129,
        "energy": 42.955401,
        "activity_lines": [
          31.026077,
          31.297938,
          31.881966,
          32.372127
        ]
      },
      {
        "date": "2026-07-10",
        "close": 29.200001,
        "volume": 6828,
        "typical_volume": 17292.0,
        "trend": 32.674088,
        "fair_value": 25.049225,
        "relative_strength": -10.146295,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.039038,
        "energy": 58.700716,
        "activity_lines": [
          30.28129,
          30.881163,
          31.585668,
          32.144982
        ]
      },
      {
        "date": "2026-07-17",
        "close": 29.1,
        "volume": 9046,
        "typical_volume": 17221.5,
        "trend": 32.607421,
        "fair_value": 25.138647,
        "relative_strength": -10.327782,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.256551,
        "energy": 67.632654,
        "activity_lines": [
          29.711782,
          30.508412,
          31.308417,
          31.914396
        ]
      },
      {
        "date": "2026-07-24",
        "close": 26.6,
        "volume": 17478,
        "typical_volume": 16722.2,
        "trend": 32.427421,
        "fair_value": 25.213305,
        "relative_strength": -18.147169,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.172669,
        "energy": 81.642784,
        "activity_lines": [
          28.49176,
          29.730975,
          30.8245,
          31.52682
        ]
      },
      {
        "date": "2026-07-31",
        "close": 26.0,
        "volume": 11694,
        "typical_volume": 16141.35,
        "trend": 32.220754,
        "fair_value": 25.28254,
        "relative_strength": -20.976529,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.809374,
        "energy": 87.534814,
        "activity_lines": [
          27.466667,
          28.906123,
          30.308678,
          31.112148
        ]
      },
      {
        "date": "2026-08-07",
        "close": 28.1,
        "volume": 23561,
        "typical_volume": 16576.5,
        "trend": 32.054088,
        "fair_value": 25.365237,
        "relative_strength": -16.270416,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.345702,
        "energy": 77.078459,
        "activity_lines": [
          27.446667,
          28.583476,
          30.019999,
          30.846293
        ]
      }
    ],
    "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."
    }
  }
}