{
  "ticker": {
    "uuid": "cf17a0cc-f584-4be8-acfd-96bea5cb07e2",
    "symbol": "XD9D",
    "name": "Xtrackers MSCI USA UCITS ETF 1D",
    "exchange": "EBS",
    "country": "CH",
    "assetType": "etf"
  },
  "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": "^SSMI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 91.058,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 87.878,
    "architecture_energy": 68.216,
    "architecture_maturity": 57.256,
    "architecture_confidence": 76.007,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 24.05,
        "rotation_up": 56.69,
        "upward_expansion": 82.33,
        "deceleration": 67.02,
        "rotation_down": 27.26,
        "downward_expansion": 11.33
      },
      "activity_lines": [
        29.252667,
        29.068909,
        28.78116,
        28.22059
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 30.02,
    "trend_reference": 27.579761,
    "distance_from_trend": 0.088479,
    "trend_direction": "Improving",
    "fair_value": 22.589191,
    "distance_from_fair_value": 0.328954,
    "fair_value_direction": "Improving",
    "relative_strength": 1.006572,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.132272,
    "excess_performance": 0.049389,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.088479,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.034627,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.328954,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.009402,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.010066,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.06773,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.132272,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 6.995059,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 15826,
      "relative_activity": 1.341766,
      "balance": 6.995059,
      "dry_up": 0.537478,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.016551,
      "annualized_volatility": 0.12757,
      "from_high_reference": 0.0,
      "from_low_reference": 0.229042
    },
    "levels": {
      "trend_reference": 27.579761,
      "fair_value_reference": 22.589191,
      "structural_low": 24.683705,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 32,
        "median_return": 0.013285,
        "positive_rate": 0.65625,
        "directional_follow_through": 0.65625,
        "median_excess_return": 0.006862,
        "regime_survival": 0.75,
        "best_return": 0.054881,
        "worst_return": -0.06383,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": 0.054385,
        "positive_rate": 0.916667,
        "directional_follow_through": 0.916667,
        "median_excess_return": 0.027315,
        "regime_survival": 0.75,
        "best_return": 0.102092,
        "worst_return": -0.050453,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.098665,
        "positive_rate": 0.833333,
        "directional_follow_through": 0.833333,
        "median_excess_return": 0.038069,
        "regime_survival": 0.666667,
        "best_return": 0.213254,
        "worst_return": -0.00027,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.184191,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.106539,
        "regime_survival": 0.666667,
        "best_return": 0.291163,
        "worst_return": 0.15987,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-08-09",
        "tenure": "Developing",
        "return": 0.004881,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-16",
        "end": "2024-08-30",
        "tenure": "New",
        "return": 0.013323,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-06",
        "end": "2025-01-10",
        "tenure": "Established",
        "return": 0.065467,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-17",
        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.026157,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-02-28",
        "tenure": "New",
        "return": -0.03766,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-07",
        "end": "2025-04-11",
        "tenure": "Developing",
        "return": -0.0775,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.12116,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-23",
        "end": "2025-05-30",
        "tenure": "New",
        "return": 0.015813,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-06",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": 0.041005,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-18",
        "end": "2026-02-13",
        "tenure": "Extended",
        "return": 0.088649,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-02-20",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.042333,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-27",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.050996,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-04-17",
        "end": "2026-05-01",
        "tenure": "New",
        "return": 0.013343,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-08",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.055921,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 16.285763,
        "volume": 10966,
        "typical_volume": 5060.95,
        "trend": 15.70612,
        "fair_value": 15.592175,
        "relative_strength": 9.750136,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.05141,
        "energy": 51.790958,
        "activity_lines": [
          16.686636,
          16.717735,
          16.412605,
          16.092611
        ]
      },
      {
        "date": "2023-08-25",
        "close": 16.413052,
        "volume": 502,
        "typical_volume": 5035.85,
        "trend": 15.75309,
        "fair_value": 15.598394,
        "relative_strength": 9.27488,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.077192,
        "energy": 32.709104,
        "activity_lines": [
          16.552991,
          16.671098,
          16.443275,
          16.13822
        ]
      },
      {
        "date": "2023-09-01",
        "close": 16.905655,
        "volume": 1004,
        "typical_volume": 4923.5,
        "trend": 15.805469,
        "fair_value": 15.608223,
        "relative_strength": 11.077867,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.920967,
        "energy": 33.792853,
        "activity_lines": [
          16.623398,
          16.715613,
          16.514855,
          16.212579
        ]
      },
      {
        "date": "2023-09-08",
        "close": 16.756321,
        "volume": 1506,
        "typical_volume": 4873.3,
        "trend": 15.860095,
        "fair_value": 15.616791,
        "relative_strength": 11.131061,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.450843,
        "energy": 29.818684,
        "activity_lines": [
          16.660833,
          16.720545,
          16.565002,
          16.273924
        ]
      },
      {
        "date": "2023-09-15",
        "close": 16.907597,
        "volume": 7153,
        "typical_volume": 4992.4,
        "trend": 15.921112,
        "fair_value": 15.626352,
        "relative_strength": 9.389333,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 68.676422,
        "energy": 48.714123,
        "activity_lines": [
          16.759473,
          16.750051,
          16.62278,
          16.341505
        ]
      },
      {
        "date": "2023-09-22",
        "close": 16.314146,
        "volume": 15582,
        "typical_volume": 5520.5,
        "trend": 15.971918,
        "fair_value": 15.63141,
        "relative_strength": 7.107925,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 38.739748,
        "energy": 31.951864,
        "activity_lines": [
          16.646296,
          16.663233,
          16.616762,
          16.366862
        ]
      },
      {
        "date": "2023-09-29",
        "close": 16.209415,
        "volume": 61894,
        "typical_volume": 8464.6,
        "trend": 16.014801,
        "fair_value": 15.635629,
        "relative_strength": 6.687828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 9.155784,
        "energy": 9.658715,
        "activity_lines": [
          16.496316,
          16.567369,
          16.596008,
          16.382184
        ]
      },
      {
        "date": "2023-10-06",
        "close": 16.046505,
        "volume": 16278,
        "typical_volume": 8927.1,
        "trend": 16.063302,
        "fair_value": 15.638606,
        "relative_strength": 6.602806,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -8.622646,
        "energy": 20.614093,
        "activity_lines": [
          16.305609,
          16.456455,
          16.555476,
          16.38423
        ]
      },
      {
        "date": "2023-10-13",
        "close": 16.401417,
        "volume": 1004,
        "typical_volume": 8550.6,
        "trend": 16.121,
        "fair_value": 15.644094,
        "relative_strength": 8.019799,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.279207,
        "energy": 23.49808,
        "activity_lines": [
          16.290483,
          16.430275,
          16.546991,
          16.406044
        ]
      },
      {
        "date": "2023-10-20",
        "close": 15.879719,
        "volume": 502,
        "typical_volume": 7998.4,
        "trend": 16.161436,
        "fair_value": 15.645777,
        "relative_strength": 9.816206,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -36.69245,
        "energy": 44.065716,
        "activity_lines": [
          16.125117,
          16.318634,
          16.485085,
          16.390477
        ]
      },
      {
        "date": "2023-10-27",
        "close": 15.577174,
        "volume": 8581,
        "typical_volume": 8201.95,
        "trend": 16.17438,
        "fair_value": 15.64529,
        "relative_strength": 7.690096,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.713419,
        "energy": 63.87812,
        "activity_lines": [
          15.927428,
          16.166855,
          16.394107,
          16.352783
        ]
      },
      {
        "date": "2023-11-03",
        "close": 16.069782,
        "volume": 3012,
        "typical_volume": 8176.85,
        "trend": 16.204964,
        "fair_value": 15.64828,
        "relative_strength": 8.062171,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.935539,
        "energy": 45.201529,
        "activity_lines": [
          15.943073,
          16.117524,
          16.352626,
          16.346035
        ]
      },
      {
        "date": "2023-11-10",
        "close": 16.380079,
        "volume": 2008,
        "typical_volume": 8227.05,
        "trend": 16.237927,
        "fair_value": 15.653397,
        "relative_strength": 10.058326,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.131622,
        "energy": 28.935094,
        "activity_lines": [
          16.07146,
          16.130853,
          16.342748,
          16.357332
        ]
      },
      {
        "date": "2023-11-17",
        "close": 16.909285,
        "volume": 1004,
        "typical_volume": 8101.55,
        "trend": 16.290457,
        "fair_value": 15.662119,
        "relative_strength": 11.309364,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 19.974688,
        "energy": 11.653528,
        "activity_lines": [
          16.35401,
          16.249956,
          16.382518,
          16.400646
        ]
      },
      {
        "date": "2023-11-24",
        "close": 17.129086,
        "volume": 0,
        "typical_volume": 8026.25,
        "trend": 16.348772,
        "fair_value": 15.672236,
        "relative_strength": 10.925697,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 53.93571,
        "energy": 42.592162,
        "activity_lines": [
          16.67597,
          16.406242,
          16.441725,
          16.454751
        ]
      },
      {
        "date": "2023-12-01",
        "close": 17.216618,
        "volume": 10330,
        "typical_volume": 8077.4,
        "trend": 16.412189,
        "fair_value": 15.682814,
        "relative_strength": 11.049436,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "up",
        "direction": 68.229877,
        "energy": 63.54921,
        "activity_lines": [
          16.943815,
          16.574416,
          16.506007,
          16.510741
        ]
      },
      {
        "date": "2023-12-08",
        "close": 17.249687,
        "volume": 7090,
        "typical_volume": 8155.8,
        "trend": 16.476709,
        "fair_value": 15.693473,
        "relative_strength": 9.060842,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 75.229311,
        "energy": 82.704289,
        "activity_lines": [
          17.113388,
          16.732194,
          16.571759,
          16.564773
        ]
      },
      {
        "date": "2023-12-15",
        "close": 17.825453,
        "volume": 9920,
        "typical_volume": 8544.9,
        "trend": 16.54828,
        "fair_value": 15.707878,
        "relative_strength": 11.105973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.037959,
        "energy": 92.250443,
        "activity_lines": [
          17.396222,
          16.975743,
          16.691209,
          16.651789
        ]
      },
      {
        "date": "2023-12-22",
        "close": 17.959667,
        "volume": 10540,
        "typical_volume": 8795.8,
        "trend": 16.626376,
        "fair_value": 15.722991,
        "relative_strength": 11.88138,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.516835,
        "energy": 95.176873,
        "activity_lines": [
          17.627435,
          17.21135,
          16.820261,
          16.742846
        ]
      },
      {
        "date": "2023-12-29",
        "close": 18.12501,
        "volume": 25119,
        "typical_volume": 9699.75,
        "trend": 16.703024,
        "fair_value": 15.739004,
        "relative_strength": 12.597103,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.918739,
        "energy": 94.833773,
        "activity_lines": [
          17.843738,
          17.448687,
          16.9601,
          16.839532
        ]
      },
      {
        "date": "2024-01-05",
        "close": 17.792387,
        "volume": 10516,
        "typical_volume": 9677.25,
        "trend": 16.758787,
        "fair_value": 15.752603,
        "relative_strength": 9.587064,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.192823,
        "energy": 87.883165,
        "activity_lines": [
          17.882771,
          17.584724,
          17.061464,
          16.909814
        ]
      },
      {
        "date": "2024-01-12",
        "close": 18.045259,
        "volume": 40980,
        "typical_volume": 11701.15,
        "trend": 16.810283,
        "fair_value": 15.767686,
        "relative_strength": 10.294067,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.244624,
        "energy": 88.320966,
        "activity_lines": [
          17.967711,
          17.726461,
          17.179736,
          16.992812
        ]
      },
      {
        "date": "2024-01-19",
        "close": 18.113342,
        "volume": 22231,
        "typical_volume": 12762.5,
        "trend": 16.87333,
        "fair_value": 15.783017,
        "relative_strength": 10.975749,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.266757,
        "energy": 81.826872,
        "activity_lines": [
          18.022306,
          17.844659,
          17.296719,
          17.07688
        ]
      },
      {
        "date": "2024-01-26",
        "close": 18.490698,
        "volume": 45475,
        "typical_volume": 14960.95,
        "trend": 16.936516,
        "fair_value": 15.800599,
        "relative_strength": 10.46999,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.434721,
        "energy": 76.671211,
        "activity_lines": [
          18.183495,
          17.999953,
          17.443891,
          17.181227
        ]
      },
      {
        "date": "2024-02-02",
        "close": 18.644367,
        "volume": 12947,
        "typical_volume": 15250.65,
        "trend": 17.009851,
        "fair_value": 15.818946,
        "relative_strength": 12.42638,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.730186,
        "energy": 91.89057,
        "activity_lines": [
          18.360504,
          18.154434,
          17.597439,
          17.29141
        ]
      },
      {
        "date": "2024-02-09",
        "close": 18.889458,
        "volume": 8060,
        "typical_volume": 14874.55,
        "trend": 17.077371,
        "fair_value": 15.838629,
        "relative_strength": 14.908738,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.237318,
        "energy": 94.801898,
        "activity_lines": [
          18.584586,
          18.325927,
          17.766058,
          17.412675
        ]
      },
      {
        "date": "2024-02-16",
        "close": 18.901129,
        "volume": 11160,
        "typical_volume": 12337.85,
        "trend": 17.140381,
        "fair_value": 15.866409,
        "relative_strength": 12.270001,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.483737,
        "energy": 93.420376,
        "activity_lines": [
          18.739421,
          18.469126,
          17.923525,
          17.530337
        ]
      },
      {
        "date": "2024-02-23",
        "close": 19.244452,
        "volume": 47081,
        "typical_volume": 13878.0,
        "trend": 17.209937,
        "fair_value": 15.899033,
        "relative_strength": 11.950459,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.928458,
        "energy": 95.429389,
        "activity_lines": [
          18.951639,
          18.644722,
          18.100873,
          17.666084
        ]
      },
      {
        "date": "2024-03-01",
        "close": 19.267927,
        "volume": 30540,
        "typical_volume": 15354.8,
        "trend": 17.288268,
        "fair_value": 15.931518,
        "relative_strength": 11.622614,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.02734,
        "energy": 91.127483,
        "activity_lines": [
          19.096274,
          18.798785,
          18.265227,
          17.798857
        ]
      },
      {
        "date": "2024-03-08",
        "close": 19.524206,
        "volume": 7820,
        "typical_volume": 15720.7,
        "trend": 17.382489,
        "fair_value": 15.963075,
        "relative_strength": 11.162579,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.036263,
        "energy": 83.309071,
        "activity_lines": [
          19.274521,
          18.975659,
          18.440339,
          17.943111
        ]
      },
      {
        "date": "2024-03-15",
        "close": 19.330534,
        "volume": 2480,
        "typical_volume": 15415.65,
        "trend": 17.483981,
        "fair_value": 15.994164,
        "relative_strength": 9.405292,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.863884,
        "energy": 69.038121,
        "activity_lines": [
          19.329554,
          19.091879,
          18.579652,
          18.068792
        ]
      },
      {
        "date": "2024-03-22",
        "close": 19.793201,
        "volume": 3720,
        "typical_volume": 15451.05,
        "trend": 17.596653,
        "fair_value": 16.026957,
        "relative_strength": 11.80201,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.729296,
        "energy": 75.07745,
        "activity_lines": [
          19.509404,
          19.264254,
          18.745155,
          18.217774
        ]
      },
      {
        "date": "2024-03-29",
        "close": 19.837223,
        "volume": 181,
        "typical_volume": 15359.7,
        "trend": 17.694371,
        "fair_value": 16.058828,
        "relative_strength": 10.847543,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.149772,
        "energy": 73.512729,
        "activity_lines": [
          19.644457,
          19.412853,
          18.897119,
          18.362327
        ]
      },
      {
        "date": "2024-04-05",
        "close": 19.50856,
        "volume": 7868,
        "typical_volume": 15702.9,
        "trend": 17.786113,
        "fair_value": 16.085941,
        "relative_strength": 10.750543,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.121969,
        "energy": 67.773793,
        "activity_lines": [
          19.630438,
          19.470351,
          19.00132,
          18.479371
        ]
      },
      {
        "date": "2024-04-12",
        "close": 19.504646,
        "volume": 35098,
        "typical_volume": 17457.8,
        "trend": 17.872681,
        "fair_value": 16.111607,
        "relative_strength": 11.360014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.596361,
        "energy": 66.887204,
        "activity_lines": [
          19.599072,
          19.508631,
          19.092771,
          18.590244
        ]
      },
      {
        "date": "2024-04-19",
        "close": 18.8571,
        "volume": 2832,
        "typical_volume": 17082.9,
        "trend": 17.957446,
        "fair_value": 16.133184,
        "relative_strength": 8.008478,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.023622,
        "energy": 53.919666,
        "activity_lines": [
          19.353161,
          19.413534,
          19.111239,
          18.653755
        ]
      },
      {
        "date": "2024-04-26",
        "close": 19.287491,
        "volume": 11030,
        "typical_volume": 17279.9,
        "trend": 18.060049,
        "fair_value": 16.157585,
        "relative_strength": 9.522551,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.211,
        "energy": 39.187584,
        "activity_lines": [
          19.282276,
          19.397278,
          19.162884,
          18.739564
        ]
      },
      {
        "date": "2024-05-03",
        "close": 19.346182,
        "volume": 5072,
        "typical_volume": 17037.5,
        "trend": 18.170038,
        "fair_value": 16.181526,
        "relative_strength": 10.018772,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.1077,
        "energy": 31.610935,
        "activity_lines": [
          19.264668,
          19.384669,
          19.210415,
          18.822541
        ]
      },
      {
        "date": "2024-05-10",
        "close": 19.714951,
        "volume": 0,
        "typical_volume": 16510.5,
        "trend": 18.280489,
        "fair_value": 16.209236,
        "relative_strength": 7.064031,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 60.155979,
        "energy": 40.12378,
        "activity_lines": [
          19.40272,
          19.437259,
          19.285826,
          18.922213
        ]
      },
      {
        "date": "2024-05-17",
        "close": 20.057308,
        "volume": 1634,
        "typical_volume": 15336.25,
        "trend": 18.419742,
        "fair_value": 16.239379,
        "relative_strength": 5.946161,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 82.37503,
        "energy": 62.534642,
        "activity_lines": [
          19.641131,
          19.543967,
          19.385483,
          19.036846
        ]
      },
      {
        "date": "2024-05-24",
        "close": 20.09667,
        "volume": 844,
        "typical_volume": 14852.65,
        "trend": 18.570392,
        "fair_value": 16.268515,
        "relative_strength": 6.684193,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.315362,
        "energy": 79.916653,
        "activity_lines": [
          19.855819,
          19.64814,
          19.479687,
          19.145035
        ]
      },
      {
        "date": "2024-05-31",
        "close": 19.709253,
        "volume": 3100,
        "typical_volume": 12958.65,
        "trend": 18.691708,
        "fair_value": 16.294593,
        "relative_strength": 3.696997,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.400176,
        "energy": 69.948543,
        "activity_lines": [
          19.85873,
          19.667944,
          19.526023,
          19.21851
        ]
      },
      {
        "date": "2024-06-07",
        "close": 20.248697,
        "volume": 2480,
        "typical_volume": 11971.1,
        "trend": 18.820662,
        "fair_value": 16.323492,
        "relative_strength": 4.049957,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.574822,
        "energy": 82.011823,
        "activity_lines": [
          20.013338,
          19.787354,
          19.615809,
          19.318961
        ]
      },
      {
        "date": "2024-06-14",
        "close": 20.523321,
        "volume": 7011,
        "typical_volume": 10047.9,
        "trend": 18.941129,
        "fair_value": 16.355823,
        "relative_strength": 6.971294,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.289026,
        "energy": 85.124609,
        "activity_lines": [
          20.19932,
          19.949215,
          19.721583,
          19.42881
        ]
      },
      {
        "date": "2024-06-21",
        "close": 20.665539,
        "volume": 4960,
        "typical_volume": 9648.55,
        "trend": 19.059011,
        "fair_value": 16.38627,
        "relative_strength": 7.640082,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.107621,
        "energy": 82.630212,
        "activity_lines": [
          20.378816,
          20.118484,
          19.831221,
          19.540062
        ]
      },
      {
        "date": "2024-06-28",
        "close": 20.788139,
        "volume": 2480,
        "typical_volume": 9369.55,
        "trend": 19.178062,
        "fair_value": 16.415848,
        "relative_strength": 8.109629,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.481171,
        "energy": 90.852637,
        "activity_lines": [
          20.558631,
          20.288936,
          19.942911,
          19.651619
        ]
      },
      {
        "date": "2024-07-05",
        "close": 20.974493,
        "volume": 0,
        "typical_volume": 8811.55,
        "trend": 19.302222,
        "fair_value": 16.44617,
        "relative_strength": 8.660838,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.276223,
        "energy": 92.117006,
        "activity_lines": [
          20.754465,
          20.458161,
          20.063308,
          19.767517
        ]
      },
      {
        "date": "2024-07-12",
        "close": 21.239309,
        "volume": 7700,
        "typical_volume": 6842.5,
        "trend": 19.416017,
        "fair_value": 16.479294,
        "relative_strength": 6.583078,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.633129,
        "energy": 93.48879,
        "activity_lines": [
          20.954222,
          20.644862,
          20.199052,
          19.892491
        ]
      },
      {
        "date": "2024-07-19",
        "close": 20.959776,
        "volume": 59924,
        "typical_volume": 8311.7,
        "trend": 19.516021,
        "fair_value": 16.508351,
        "relative_strength": 6.577615,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.098667,
        "energy": 84.041687,
        "activity_lines": [
          20.994761,
          20.746318,
          20.298675,
          19.992088
        ]
      },
      {
        "date": "2024-07-26",
        "close": 20.611593,
        "volume": 9142,
        "typical_volume": 8377.8,
        "trend": 19.598907,
        "fair_value": 16.535642,
        "relative_strength": 4.016834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.422986,
        "energy": 64.460403,
        "activity_lines": [
          20.890141,
          20.761835,
          20.357081,
          20.06277
        ]
      },
      {
        "date": "2024-08-02",
        "close": 20.121191,
        "volume": 1425,
        "typical_volume": 8325.05,
        "trend": 19.676534,
        "fair_value": 16.558797,
        "relative_strength": 4.460298,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.100269,
        "energy": 42.07249,
        "activity_lines": [
          20.625651,
          20.67811,
          20.363604,
          20.096466
        ]
      },
      {
        "date": "2024-08-09",
        "close": 20.194752,
        "volume": 21221,
        "typical_volume": 9200.1,
        "trend": 19.748184,
        "fair_value": 16.581723,
        "relative_strength": 4.684737,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 37.706234,
        "energy": 25.570821,
        "activity_lines": [
          20.430144,
          20.607314,
          20.373368,
          20.129899
        ]
      },
      {
        "date": "2024-08-16",
        "close": 20.984297,
        "volume": 6228,
        "typical_volume": 9502.45,
        "trend": 19.843882,
        "fair_value": 16.610377,
        "relative_strength": 5.62298,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.601196,
        "energy": 29.583907,
        "activity_lines": [
          20.549802,
          20.671244,
          20.456414,
          20.209649
        ]
      },
      {
        "date": "2024-08-23",
        "close": 21.214701,
        "volume": 4040,
        "typical_volume": 9311.05,
        "trend": 19.934682,
        "fair_value": 16.638761,
        "relative_strength": 5.136869,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 61.60798,
        "energy": 35.139088,
        "activity_lines": [
          20.763262,
          20.763691,
          20.555942,
          20.298088
        ]
      },
      {
        "date": "2024-08-30",
        "close": 21.263863,
        "volume": 13290,
        "typical_volume": 8220.65,
        "trend": 20.021999,
        "fair_value": 16.66675,
        "relative_strength": 4.400039,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 72.826386,
        "energy": 52.455812,
        "activity_lines": [
          20.976114,
          20.852506,
          20.652027,
          20.383842
        ]
      },
      {
        "date": "2024-09-06",
        "close": 20.87546,
        "volume": 40480,
        "typical_volume": 10103.05,
        "trend": 20.088199,
        "fair_value": 16.694101,
        "relative_strength": 6.761512,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.66368,
        "energy": 55.706366,
        "activity_lines": [
          21.016013,
          20.859824,
          20.702744,
          20.438904
        ]
      },
      {
        "date": "2024-09-13",
        "close": 21.298281,
        "volume": 7523,
        "typical_volume": 9927.7,
        "trend": 20.168104,
        "fair_value": 16.724695,
        "relative_strength": 7.429807,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.321673,
        "energy": 64.406839,
        "activity_lines": [
          21.146569,
          20.942431,
          20.784118,
          20.516974
        ]
      },
      {
        "date": "2024-09-20",
        "close": 21.603098,
        "volume": 12935,
        "typical_volume": 10320.85,
        "trend": 20.246725,
        "fair_value": 16.756754,
        "relative_strength": 9.488996,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.104083,
        "energy": 70.864512,
        "activity_lines": [
          21.305161,
          21.074572,
          20.884948,
          20.609554
        ]
      },
      {
        "date": "2024-09-27",
        "close": 21.80468,
        "volume": 68324,
        "typical_volume": 13737.05,
        "trend": 20.331284,
        "fair_value": 16.792607,
        "relative_strength": 7.42133,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.737777,
        "energy": 69.700304,
        "activity_lines": [
          21.489695,
          21.23675,
          20.994228,
          20.710067
        ]
      },
      {
        "date": "2024-10-04",
        "close": 21.652266,
        "volume": 17543,
        "typical_volume": 14532.5,
        "trend": 20.402219,
        "fair_value": 16.826666,
        "relative_strength": 8.370185,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.985487,
        "energy": 70.941846,
        "activity_lines": [
          21.584091,
          21.355854,
          21.079042,
          20.795292
        ]
      },
      {
        "date": "2024-10-11",
        "close": 22.075087,
        "volume": 0,
        "typical_volume": 14490.3,
        "trend": 20.493704,
        "fair_value": 16.861339,
        "relative_strength": 8.667338,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.397097,
        "energy": 79.886138,
        "activity_lines": [
          21.793534,
          21.532914,
          21.196529,
          20.903219
        ]
      },
      {
        "date": "2024-10-18",
        "close": 22.252081,
        "volume": 868,
        "typical_volume": 14378.7,
        "trend": 20.575667,
        "fair_value": 16.895379,
        "relative_strength": 7.669761,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.484068,
        "energy": 85.013279,
        "activity_lines": [
          21.982001,
          21.706629,
          21.321452,
          21.016663
        ]
      },
      {
        "date": "2024-10-25",
        "close": 22.18325,
        "volume": 294612,
        "typical_volume": 28985.3,
        "trend": 20.653868,
        "fair_value": 16.927646,
        "relative_strength": 8.207367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.914204,
        "energy": 86.454981,
        "activity_lines": [
          22.083936,
          21.830423,
          21.427711,
          21.120378
        ]
      },
      {
        "date": "2024-11-01",
        "close": 21.799765,
        "volume": 4940,
        "typical_volume": 28881.75,
        "trend": 20.730241,
        "fair_value": 16.955339,
        "relative_strength": 7.889931,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.560454,
        "energy": 78.90852,
        "activity_lines": [
          22.019367,
          21.862694,
          21.488236,
          21.194307
        ]
      },
      {
        "date": "2024-11-08",
        "close": 22.773228,
        "volume": 2879,
        "typical_volume": 28777.7,
        "trend": 20.839194,
        "fair_value": 16.989508,
        "relative_strength": 13.836106,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.957759,
        "energy": 88.753388,
        "activity_lines": [
          22.279613,
          22.06132,
          21.635393,
          21.326112
        ]
      },
      {
        "date": "2024-11-15",
        "close": 22.439243,
        "volume": 19641,
        "typical_volume": 29635.75,
        "trend": 20.958599,
        "fair_value": 17.02125,
        "relative_strength": 13.356654,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.86154,
        "energy": 79.373057,
        "activity_lines": [
          22.3538,
          22.171779,
          21.740705,
          21.429341
        ]
      },
      {
        "date": "2024-11-22",
        "close": 22.695524,
        "volume": 2635,
        "typical_volume": 29767.5,
        "trend": 21.0722,
        "fair_value": 17.057202,
        "relative_strength": 13.311781,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.862326,
        "energy": 75.518225,
        "activity_lines": [
          22.489137,
          22.300402,
          21.862562,
          21.541401
        ]
      },
      {
        "date": "2024-11-29",
        "close": 22.996161,
        "volume": 22140,
        "typical_volume": 30489.5,
        "trend": 21.193866,
        "fair_value": 17.096806,
        "relative_strength": 13.868907,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.92557,
        "energy": 88.477742,
        "activity_lines": [
          22.695123,
          22.458282,
          22.004856,
          21.665527
        ]
      },
      {
        "date": "2024-12-06",
        "close": 23.286936,
        "volume": 13401,
        "typical_volume": 28163.35,
        "trend": 21.312932,
        "fair_value": 17.133949,
        "relative_strength": 14.61011,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.92404,
        "energy": 92.944251,
        "activity_lines": [
          22.943841,
          22.643701,
          22.166477,
          21.800564
        ]
      },
      {
        "date": "2024-12-13",
        "close": 23.148939,
        "volume": 13,
        "typical_volume": 27706.9,
        "trend": 21.415986,
        "fair_value": 17.172357,
        "relative_strength": 14.2781,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.762601,
        "energy": 90.616387,
        "activity_lines": [
          23.047414,
          22.77708,
          22.303874,
          21.919016
        ]
      },
      {
        "date": "2024-12-20",
        "close": 22.74481,
        "volume": 27329,
        "typical_volume": 29002.1,
        "trend": 21.504258,
        "fair_value": 17.205605,
        "relative_strength": 14.841501,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.726472,
        "energy": 79.930566,
        "activity_lines": [
          22.991231,
          22.809769,
          22.3907,
          22.004747
        ]
      },
      {
        "date": "2024-12-27",
        "close": 22.774378,
        "volume": 0,
        "typical_volume": 27941.05,
        "trend": 21.606429,
        "fair_value": 17.237871,
        "relative_strength": 12.542291,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.343941,
        "energy": 64.385691,
        "activity_lines": [
          22.924532,
          22.835657,
          22.467848,
          22.08669
        ]
      },
      {
        "date": "2025-01-03",
        "close": 22.64131,
        "volume": 8656,
        "typical_volume": 28062.45,
        "trend": 21.686182,
        "fair_value": 17.272166,
        "relative_strength": 11.113799,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.199647,
        "energy": 49.568991,
        "activity_lines": [
          22.80822,
          22.827855,
          22.520039,
          22.153456
        ]
      },
      {
        "date": "2025-01-10",
        "close": 22.242107,
        "volume": 72031,
        "typical_volume": 31462.0,
        "trend": 21.743475,
        "fair_value": 17.304323,
        "relative_strength": 7.27244,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.664003,
        "energy": 27.790176,
        "activity_lines": [
          22.582498,
          22.739142,
          22.526321,
          22.189323
        ]
      },
      {
        "date": "2025-01-17",
        "close": 22.799023,
        "volume": 90222,
        "typical_volume": 35308.6,
        "trend": 21.814591,
        "fair_value": 17.344247,
        "relative_strength": 7.812688,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.354767,
        "energy": 25.357597,
        "activity_lines": [
          22.612069,
          22.743643,
          22.580749,
          22.257422
        ]
      },
      {
        "date": "2025-01-24",
        "close": 23.444649,
        "volume": 55752,
        "typical_volume": 36072.2,
        "trend": 21.903142,
        "fair_value": 17.391259,
        "relative_strength": 7.851133,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 76.325598,
        "energy": 44.890214,
        "activity_lines": [
          22.880177,
          22.865063,
          22.689356,
          22.362587
        ]
      },
      {
        "date": "2025-01-31",
        "close": 23.395367,
        "volume": 69054,
        "typical_volume": 39148.75,
        "trend": 21.983837,
        "fair_value": 17.435017,
        "relative_strength": 4.75162,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 73.27669,
        "energy": 52.031993,
        "activity_lines": [
          23.085202,
          22.959242,
          22.781034,
          22.45886
        ]
      },
      {
        "date": "2025-02-07",
        "close": 23.22287,
        "volume": 186121,
        "typical_volume": 47808.05,
        "trend": 22.049956,
        "fair_value": 17.47728,
        "relative_strength": 3.85139,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.497208,
        "energy": 56.336946,
        "activity_lines": [
          23.191328,
          23.009333,
          22.846299,
          22.538798
        ]
      },
      {
        "date": "2025-02-14",
        "close": 23.415075,
        "volume": 0,
        "typical_volume": 44391.85,
        "trend": 22.131799,
        "fair_value": 17.524078,
        "relative_strength": 2.531064,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.536787,
        "energy": 76.586389,
        "activity_lines": [
          23.322752,
          23.090248,
          22.922155,
          22.62687
        ]
      },
      {
        "date": "2025-02-21",
        "close": 23.43532,
        "volume": 37915,
        "typical_volume": 45410.45,
        "trend": 22.225924,
        "fair_value": 17.571091,
        "relative_strength": 1.608635,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.047502,
        "energy": 74.789448,
        "activity_lines": [
          23.382726,
          23.172515,
          22.992271,
          22.710968
        ]
      },
      {
        "date": "2025-02-28",
        "close": 22.348289,
        "volume": 98281,
        "typical_volume": 50324.5,
        "trend": 22.30016,
        "fair_value": 17.612758,
        "relative_strength": -3.564659,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 26.241447,
        "energy": 23.095802,
        "activity_lines": [
          23.037937,
          23.051933,
          22.950369,
          22.718862
        ]
      },
      {
        "date": "2025-03-07",
        "close": 21.740545,
        "volume": 63591,
        "typical_volume": 53460.65,
        "trend": 22.351687,
        "fair_value": 17.651845,
        "relative_strength": -6.691242,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -11.668674,
        "energy": 17.975178,
        "activity_lines": [
          22.563657,
          22.828061,
          22.849286,
          22.682758
        ]
      },
      {
        "date": "2025-03-14",
        "close": 21.453964,
        "volume": 40423,
        "typical_volume": 40751.2,
        "trend": 22.367342,
        "fair_value": 17.684573,
        "relative_strength": -6.786982,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.618284,
        "energy": 43.577699,
        "activity_lines": [
          22.104172,
          22.570881,
          22.723346,
          22.624841
        ]
      },
      {
        "date": "2025-03-21",
        "close": 21.597256,
        "volume": 9155,
        "typical_volume": 40961.95,
        "trend": 22.380094,
        "fair_value": 17.716281,
        "relative_strength": -7.25554,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.019017,
        "energy": 48.798431,
        "activity_lines": [
          21.810378,
          22.361342,
          22.614525,
          22.575158
        ]
      },
      {
        "date": "2025-03-28",
        "close": 21.379848,
        "volume": 5010,
        "typical_volume": 41068.5,
        "trend": 22.38396,
        "fair_value": 17.745827,
        "relative_strength": -6.482771,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.616049,
        "energy": 72.74107,
        "activity_lines": [
          21.565302,
          22.123999,
          22.485963,
          22.510626
        ]
      },
      {
        "date": "2025-04-04",
        "close": 20.203886,
        "volume": 46552,
        "typical_volume": 42414.05,
        "trend": 22.361575,
        "fair_value": 17.76881,
        "relative_strength": -2.625825,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -64.892485,
        "energy": 83.184044,
        "activity_lines": [
          21.065271,
          21.698648,
          22.252039,
          22.369976
        ]
      },
      {
        "date": "2025-04-11",
        "close": 20.055655,
        "volume": 27287,
        "typical_volume": 43646.65,
        "trend": 22.320154,
        "fair_value": 17.79255,
        "relative_strength": 0.10105,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -85.578671,
        "energy": 90.584258,
        "activity_lines": [
          20.658789,
          21.305268,
          22.014643,
          22.221207
        ]
      },
      {
        "date": "2025-04-18",
        "close": 20.26812,
        "volume": 31566,
        "typical_volume": 44117.95,
        "trend": 22.275654,
        "fair_value": 17.819895,
        "relative_strength": -2.564239,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.178535,
        "energy": 87.165111,
        "activity_lines": [
          20.435455,
          21.011241,
          21.810053,
          22.088817
        ]
      },
      {
        "date": "2025-04-25",
        "close": 20.98951,
        "volume": 85219,
        "typical_volume": 47708.85,
        "trend": 22.248482,
        "fair_value": 17.854704,
        "relative_strength": -1.532283,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.730072,
        "energy": 73.813104,
        "activity_lines": [
          20.531641,
          20.902098,
          21.687157,
          22.00584
        ]
      },
      {
        "date": "2025-05-02",
        "close": 21.725721,
        "volume": 162614,
        "typical_volume": 55838.9,
        "trend": 22.250931,
        "fair_value": 17.896463,
        "relative_strength": -0.732192,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.378071,
        "energy": 49.180432,
        "activity_lines": [
          20.913747,
          20.970913,
          21.645317,
          21.972114
        ]
      },
      {
        "date": "2025-05-09",
        "close": 21.715837,
        "volume": 160996,
        "typical_volume": 62522.25,
        "trend": 22.238956,
        "fair_value": 17.941853,
        "relative_strength": 0.460189,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.331516,
        "energy": 28.380935,
        "activity_lines": [
          21.2695,
          21.069014,
          21.609312,
          21.937592
        ]
      },
      {
        "date": "2025-05-16",
        "close": 22.72381,
        "volume": 51001,
        "typical_volume": 65072.3,
        "trend": 22.25468,
        "fair_value": 17.996349,
        "relative_strength": 2.816999,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -7.60314,
        "energy": 22.100921,
        "activity_lines": [
          21.860447,
          21.361882,
          21.674205,
          21.968873
        ]
      },
      {
        "date": "2025-05-23",
        "close": 22.24264,
        "volume": 62773,
        "typical_volume": 67778.15,
        "trend": 22.25666,
        "fair_value": 18.041824,
        "relative_strength": 1.613526,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.154168,
        "energy": 27.113555,
        "activity_lines": [
          22.113127,
          21.549388,
          21.693512,
          21.968096
        ]
      },
      {
        "date": "2025-05-30",
        "close": 22.594364,
        "volume": 152024,
        "typical_volume": 71777.8,
        "trend": 22.283146,
        "fair_value": 18.089664,
        "relative_strength": 2.754298,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 24.105518,
        "energy": 32.900024,
        "activity_lines": [
          22.351414,
          21.786503,
          21.748216,
          21.989883
        ]
      },
      {
        "date": "2025-06-06",
        "close": 23.074884,
        "volume": 53672,
        "typical_volume": 69950.3,
        "trend": 22.293201,
        "fair_value": 18.142634,
        "relative_strength": 3.522759,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 36.404984,
        "energy": 41.884765,
        "activity_lines": [
          22.642884,
          22.092857,
          21.847006,
          22.040963
        ]
      },
      {
        "date": "2025-06-13",
        "close": 23.069929,
        "volume": 49540,
        "typical_volume": 69639.7,
        "trend": 22.314224,
        "fair_value": 18.203203,
        "relative_strength": 5.157241,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.123988,
        "energy": 57.497299,
        "activity_lines": [
          22.842758,
          22.367491,
          21.944011,
          22.091075
        ]
      },
      {
        "date": "2025-06-20",
        "close": 23.040205,
        "volume": 11306,
        "typical_volume": 66752.3,
        "trend": 22.325714,
        "fair_value": 18.259779,
        "relative_strength": 7.200209,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.92443,
        "energy": 57.789755,
        "activity_lines": [
          22.942451,
          22.58461,
          22.039969,
          22.137912
        ]
      },
      {
        "date": "2025-06-27",
        "close": 23.733738,
        "volume": 95968,
        "typical_volume": 62244.65,
        "trend": 22.3503,
        "fair_value": 18.322696,
        "relative_strength": 9.134532,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 44.704987,
        "energy": 66.031207,
        "activity_lines": [
          23.252229,
          22.873562,
          22.203669,
          22.228752
        ]
      },
      {
        "date": "2025-07-04",
        "close": 23.96657,
        "volume": 6328,
        "typical_volume": 62561.05,
        "trend": 22.372954,
        "fair_value": 18.384758,
        "relative_strength": 9.981598,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 54.716808,
        "energy": 74.688915,
        "activity_lines": [
          23.540211,
          23.141836,
          22.387111,
          22.333028
        ]
      },
      {
        "date": "2025-07-11",
        "close": 24.021063,
        "volume": 14411,
        "typical_volume": 61385.85,
        "trend": 22.402025,
        "fair_value": 18.448074,
        "relative_strength": 10.211747,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 80.161708,
        "energy": 90.879923,
        "activity_lines": [
          23.754877,
          23.36589,
          22.573117,
          22.439357
        ]
      },
      {
        "date": "2025-07-18",
        "close": 24.24894,
        "volume": 20554,
        "typical_volume": 57499.5,
        "trend": 22.452162,
        "fair_value": 18.509071,
        "relative_strength": 10.483635,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.015775,
        "energy": 92.098372,
        "activity_lines": [
          23.982423,
          23.589642,
          22.778036,
          22.558513
        ]
      },
      {
        "date": "2025-07-25",
        "close": 24.51149,
        "volume": 4525,
        "typical_volume": 54546.2,
        "trend": 22.510066,
        "fair_value": 18.569257,
        "relative_strength": 11.504759,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.279375,
        "energy": 93.246778,
        "activity_lines": [
          24.218885,
          23.815074,
          22.998909,
          22.691373
        ]
      },
      {
        "date": "2025-08-01",
        "close": 24.541212,
        "volume": 115028,
        "typical_volume": 58276.45,
        "trend": 22.573396,
        "fair_value": 18.62802,
        "relative_strength": 12.323926,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.0888,
        "energy": 91.948063,
        "activity_lines": [
          24.367169,
          24.013406,
          23.209417,
          22.822415
        ]
      },
      {
        "date": "2025-08-08",
        "close": 24.561028,
        "volume": 50396,
        "typical_volume": 60338.5,
        "trend": 22.650694,
        "fair_value": 18.684998,
        "relative_strength": 11.694399,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.759801,
        "energy": 90.002138,
        "activity_lines": [
          24.468227,
          24.17355,
          23.407112,
          22.950649
        ]
      },
      {
        "date": "2025-08-15",
        "close": 24.808718,
        "volume": 11236,
        "typical_volume": 60649.8,
        "trend": 22.717683,
        "fair_value": 18.743833,
        "relative_strength": 10.500197,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.725029,
        "energy": 92.906854,
        "activity_lines": [
          24.612217,
          24.34297,
          23.614283,
          23.089876
        ]
      },
      {
        "date": "2025-08-22",
        "close": 24.619188,
        "volume": 19885,
        "typical_volume": 59316.45,
        "trend": 22.756835,
        "fair_value": 18.803134,
        "relative_strength": 7.630768,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.251777,
        "energy": 87.101357,
        "activity_lines": [
          24.640521,
          24.446406,
          23.787075,
          23.212554
        ]
      },
      {
        "date": "2025-08-29",
        "close": 24.961811,
        "volume": 0,
        "typical_volume": 57952.1,
        "trend": 22.80905,
        "fair_value": 18.868889,
        "relative_strength": 9.438711,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.51114,
        "energy": 88.188469,
        "activity_lines": [
          24.758349,
          24.583969,
          23.971474,
          23.354811
        ]
      },
      {
        "date": "2025-09-05",
        "close": 24.897259,
        "volume": 0,
        "typical_volume": 56373.8,
        "trend": 22.864863,
        "fair_value": 18.932255,
        "relative_strength": 7.254924,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.337231,
        "energy": 84.440521,
        "activity_lines": [
          24.824638,
          24.674857,
          24.126361,
          23.489534
        ]
      },
      {
        "date": "2025-09-12",
        "close": 25.368986,
        "volume": 13296,
        "typical_volume": 52777.65,
        "trend": 22.929993,
        "fair_value": 19.003318,
        "relative_strength": 10.518461,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.320287,
        "energy": 74.212586,
        "activity_lines": [
          25.024433,
          24.830358,
          24.304132,
          23.65109
        ]
      },
      {
        "date": "2025-09-19",
        "close": 25.577538,
        "volume": 3680,
        "typical_volume": 44830.95,
        "trend": 23.0014,
        "fair_value": 19.079522,
        "relative_strength": 11.85664,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.740776,
        "energy": 74.978203,
        "activity_lines": [
          25.239881,
          24.99828,
          24.48091,
          23.8219
        ]
      },
      {
        "date": "2025-09-26",
        "close": 25.602365,
        "volume": 5300,
        "typical_volume": 37046.15,
        "trend": 23.109869,
        "fair_value": 19.156535,
        "relative_strength": 13.23383,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.067851,
        "energy": 88.486859,
        "activity_lines": [
          25.412351,
          25.142416,
          24.64171,
          23.989704
        ]
      },
      {
        "date": "2025-10-03",
        "close": 25.940025,
        "volume": 5265,
        "typical_volume": 34759.35,
        "trend": 23.249852,
        "fair_value": 19.235688,
        "relative_strength": 9.132942,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.884563,
        "energy": 94.589423,
        "activity_lines": [
          25.631829,
          25.323337,
          24.816161,
          24.172294
        ]
      },
      {
        "date": "2025-10-10",
        "close": 25.979746,
        "volume": 2583,
        "typical_volume": 31749.85,
        "trend": 23.400711,
        "fair_value": 19.316495,
        "relative_strength": 9.232474,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.066771,
        "energy": 93.096034,
        "activity_lines": [
          25.799332,
          25.485506,
          24.97908,
          24.348417
        ]
      },
      {
        "date": "2025-10-17",
        "close": 25.269674,
        "volume": 29628,
        "typical_volume": 25630.05,
        "trend": 23.523125,
        "fair_value": 19.391118,
        "relative_strength": 4.672477,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.126685,
        "energy": 67.827308,
        "activity_lines": [
          25.65798,
          25.492417,
          25.056577,
          24.468995
        ]
      },
      {
        "date": "2025-10-24",
        "close": 25.895332,
        "volume": 0,
        "typical_volume": 22946.45,
        "trend": 23.673641,
        "fair_value": 19.466598,
        "relative_strength": 7.655448,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.173468,
        "energy": 70.526166,
        "activity_lines": [
          25.731801,
          25.600199,
          25.180922,
          24.62204
        ]
      },
      {
        "date": "2025-10-31",
        "close": 26.451475,
        "volume": 19996,
        "typical_volume": 21469.25,
        "trend": 23.881894,
        "fair_value": 19.547239,
        "relative_strength": 12.581649,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.506035,
        "energy": 73.751422,
        "activity_lines": [
          25.969816,
          25.789341,
          25.344801,
          24.801256
        ]
      },
      {
        "date": "2025-11-07",
        "close": 25.622229,
        "volume": 7875,
        "typical_volume": 21297.7,
        "trend": 24.067447,
        "fair_value": 19.617102,
        "relative_strength": 8.320033,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.682919,
        "energy": 60.025655,
        "activity_lines": [
          25.874809,
          25.794397,
          25.413602,
          24.913535
        ]
      },
      {
        "date": "2025-11-14",
        "close": 26.0443,
        "volume": 6661,
        "typical_volume": 16832.35,
        "trend": 24.259986,
        "fair_value": 19.690213,
        "relative_strength": 7.035953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.895025,
        "energy": 60.139495,
        "activity_lines": [
          25.941679,
          25.864186,
          25.510305,
          25.041074
        ]
      },
      {
        "date": "2025-11-21",
        "close": 25.129417,
        "volume": 7010,
        "typical_volume": 16866.45,
        "trend": 24.397983,
        "fair_value": 19.755551,
        "relative_strength": 3.23553,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.724383,
        "energy": 39.825862,
        "activity_lines": [
          25.699284,
          25.746777,
          25.508873,
          25.097166
        ]
      },
      {
        "date": "2025-11-28",
        "close": 26.333876,
        "volume": 450,
        "typical_volume": 16168.4,
        "trend": 24.551588,
        "fair_value": 19.828154,
        "relative_strength": 6.383735,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.70762,
        "energy": 43.276761,
        "activity_lines": [
          25.867725,
          25.852716,
          25.616615,
          25.222063
        ]
      },
      {
        "date": "2025-12-05",
        "close": 26.473234,
        "volume": 2704,
        "typical_volume": 15275.9,
        "trend": 24.710168,
        "fair_value": 19.904113,
        "relative_strength": 6.026948,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.844997,
        "energy": 50.372648,
        "activity_lines": [
          26.053384,
          25.970241,
          25.726615,
          25.34604
        ]
      },
      {
        "date": "2025-12-12",
        "close": 26.244287,
        "volume": 10130,
        "typical_volume": 15556.15,
        "trend": 24.827517,
        "fair_value": 19.98018,
        "relative_strength": 5.448354,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.666271,
        "energy": 46.829929,
        "activity_lines": [
          26.161276,
          26.030306,
          25.804219,
          25.445015
        ]
      },
      {
        "date": "2025-12-19",
        "close": 26.318947,
        "volume": 15994,
        "typical_volume": 10604.45,
        "trend": 24.963394,
        "fair_value": 20.058154,
        "relative_strength": 3.464988,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.771375,
        "energy": 55.948505,
        "activity_lines": [
          26.252584,
          26.098413,
          25.880682,
          25.541237
        ]
      },
      {
        "date": "2025-12-26",
        "close": 26.498123,
        "volume": 90,
        "typical_volume": 8089.15,
        "trend": 25.09352,
        "fair_value": 20.137547,
        "relative_strength": 3.574307,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.953938,
        "energy": 65.172362,
        "activity_lines": [
          26.385307,
          26.192931,
          25.965744,
          25.640251
        ]
      },
      {
        "date": "2026-01-02",
        "close": 26.607618,
        "volume": 0,
        "typical_volume": 7527.35,
        "trend": 25.211277,
        "fair_value": 20.217421,
        "relative_strength": 3.749264,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.492753,
        "energy": 60.369633,
        "activity_lines": [
          26.463282,
          26.285021,
          26.05201,
          25.737935
        ]
      },
      {
        "date": "2026-01-09",
        "close": 26.761908,
        "volume": 9623,
        "typical_volume": 7014.25,
        "trend": 25.334343,
        "fair_value": 20.294897,
        "relative_strength": 3.04053,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.619192,
        "energy": 59.719607,
        "activity_lines": [
          26.574437,
          26.392213,
          26.144404,
          25.837976
        ]
      },
      {
        "date": "2026-01-16",
        "close": 26.816658,
        "volume": 8739,
        "typical_volume": 7451.2,
        "trend": 25.460225,
        "fair_value": 20.373304,
        "relative_strength": 3.214414,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.54282,
        "energy": 65.60645,
        "activity_lines": [
          26.684598,
          26.503716,
          26.231809,
          25.933609
        ]
      },
      {
        "date": "2026-01-23",
        "close": 26.607618,
        "volume": 3659,
        "typical_volume": 7634.15,
        "trend": 25.556021,
        "fair_value": 20.447686,
        "relative_strength": 4.365455,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.141053,
        "energy": 54.636428,
        "activity_lines": [
          26.68692,
          26.555494,
          26.290473,
          26.007634
        ]
      },
      {
        "date": "2026-01-30",
        "close": 26.682274,
        "volume": 280,
        "typical_volume": 6983.35,
        "trend": 25.646545,
        "fair_value": 20.52043,
        "relative_strength": 4.160441,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.506204,
        "energy": 51.037899,
        "activity_lines": [
          26.694883,
          26.610604,
          26.348102,
          26.080296
        ]
      },
      {
        "date": "2026-02-06",
        "close": 26.513054,
        "volume": 566,
        "typical_volume": 6827.65,
        "trend": 25.729611,
        "fair_value": 20.593478,
        "relative_strength": 1.493869,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.74543,
        "energy": 44.164668,
        "activity_lines": [
          26.634163,
          26.606713,
          26.383361,
          26.1362
        ]
      },
      {
        "date": "2026-02-13",
        "close": 26.398581,
        "volume": 0,
        "typical_volume": 6562.65,
        "trend": 25.801266,
        "fair_value": 20.666052,
        "relative_strength": -0.315863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.032384,
        "energy": 31.079825,
        "activity_lines": [
          26.541589,
          26.578751,
          26.403263,
          26.179359
        ]
      },
      {
        "date": "2026-02-20",
        "close": 26.51453,
        "volume": 70886,
        "typical_volume": 9843.7,
        "trend": 25.868034,
        "fair_value": 20.741209,
        "relative_strength": -1.849699,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.890373,
        "energy": 27.420617,
        "activity_lines": [
          26.511887,
          26.573228,
          26.430417,
          26.225376
        ]
      },
      {
        "date": "2026-02-27",
        "close": 26.464643,
        "volume": 295,
        "typical_volume": 9729.3,
        "trend": 25.932148,
        "fair_value": 20.815195,
        "relative_strength": -3.2768,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.285769,
        "energy": 22.545063,
        "activity_lines": [
          26.485697,
          26.553721,
          26.450083,
          26.263867
        ]
      },
      {
        "date": "2026-03-06",
        "close": 26.020657,
        "volume": 448995,
        "typical_volume": 30697.65,
        "trend": 25.980802,
        "fair_value": 20.888459,
        "relative_strength": 1.448322,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.643103,
        "energy": 15.127269,
        "activity_lines": [
          26.321044,
          26.450841,
          26.425156,
          26.269577
        ]
      },
      {
        "date": "2026-03-13",
        "close": 25.846054,
        "volume": 14010,
        "typical_volume": 31398.15,
        "trend": 26.01538,
        "fair_value": 20.960097,
        "relative_strength": 2.424867,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -15.373033,
        "energy": 25.320423,
        "activity_lines": [
          26.142298,
          26.324895,
          26.380025,
          26.260884
        ]
      },
      {
        "date": "2026-03-20",
        "close": 25.39209,
        "volume": 6708,
        "typical_volume": 30733.75,
        "trend": 26.041144,
        "fair_value": 21.02885,
        "relative_strength": 4.44056,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -48.148253,
        "energy": 57.644749,
        "activity_lines": [
          25.856697,
          26.130257,
          26.291893,
          26.220671
        ]
      },
      {
        "date": "2026-03-27",
        "close": 25.042887,
        "volume": 25938,
        "typical_volume": 31636.9,
        "trend": 26.043846,
        "fair_value": 21.092017,
        "relative_strength": 0.640749,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.303415,
        "energy": 74.418643,
        "activity_lines": [
          25.521794,
          25.897034,
          26.175548,
          26.156268
        ]
      },
      {
        "date": "2026-04-03",
        "close": 25.362158,
        "volume": 19875,
        "typical_volume": 32297.6,
        "trend": 26.059343,
        "fair_value": 21.157465,
        "relative_strength": -1.518338,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.105641,
        "energy": 71.521412,
        "activity_lines": [
          25.391425,
          25.75411,
          26.092369,
          26.112288
        ]
      },
      {
        "date": "2026-04-10",
        "close": 26.319973,
        "volume": 19217,
        "typical_volume": 32907.95,
        "trend": 26.091042,
        "fair_value": 21.227521,
        "relative_strength": 0.43372,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.369183,
        "energy": 42.249742,
        "activity_lines": [
          25.653826,
          25.807979,
          26.103659,
          26.129103
        ]
      },
      {
        "date": "2026-04-17",
        "close": 27.292753,
        "volume": 10071,
        "typical_volume": 33389.0,
        "trend": 26.148216,
        "fair_value": 21.304184,
        "relative_strength": 1.966855,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 23.753238,
        "energy": 13.571948,
        "activity_lines": [
          26.220533,
          26.045305,
          26.201925,
          26.206632
        ]
      },
      {
        "date": "2026-04-24",
        "close": 27.537197,
        "volume": 340,
        "typical_volume": 33270.8,
        "trend": 26.212711,
        "fair_value": 21.382117,
        "relative_strength": 4.551717,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 68.467591,
        "energy": 51.909692,
        "activity_lines": [
          26.772275,
          26.312898,
          26.318906,
          26.296244
        ]
      },
      {
        "date": "2026-05-01",
        "close": 27.656923,
        "volume": 31109,
        "typical_volume": 34319.75,
        "trend": 26.269941,
        "fair_value": 21.461237,
        "relative_strength": 4.938099,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 79.361542,
        "energy": 65.636425,
        "activity_lines": [
          27.220918,
          26.581558,
          26.442222,
          26.389419
        ]
      },
      {
        "date": "2026-05-08",
        "close": 28.430161,
        "volume": 22550,
        "typical_volume": 34647.55,
        "trend": 26.351621,
        "fair_value": 21.545315,
        "relative_strength": 7.779527,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.253341,
        "energy": 95.297861,
        "activity_lines": [
          27.753038,
          26.970036,
          26.632453,
          26.528788
        ]
      },
      {
        "date": "2026-05-15",
        "close": 28.674603,
        "volume": 30404,
        "typical_volume": 36163.25,
        "trend": 26.465119,
        "fair_value": 21.628624,
        "relative_strength": 7.388085,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.092492,
        "energy": 95.829119,
        "activity_lines": [
          28.162105,
          27.367221,
          26.835911,
          26.678658
        ]
      },
      {
        "date": "2026-05-22",
        "close": 28.879999,
        "volume": 6619,
        "typical_volume": 36494.2,
        "trend": 26.564608,
        "fair_value": 21.713645,
        "relative_strength": 5.573203,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.477383,
        "energy": 94.532584,
        "activity_lines": [
          28.482662,
          27.753497,
          27.048567,
          26.834457
        ]
      },
      {
        "date": "2026-05-29",
        "close": 29.215,
        "volume": 25355,
        "typical_volume": 37280.8,
        "trend": 26.656725,
        "fair_value": 21.799474,
        "relative_strength": 6.174919,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.811687,
        "energy": 94.694549,
        "activity_lines": [
          28.80907,
          28.14552,
          27.282306,
          27.00545
        ]
      },
      {
        "date": "2026-06-05",
        "close": 29.209999,
        "volume": 320,
        "typical_volume": 36859.85,
        "trend": 26.776317,
        "fair_value": 21.883388,
        "relative_strength": 7.061227,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.370027,
        "energy": 91.97231,
        "activity_lines": [
          29.021957,
          28.467126,
          27.503888,
          27.170177
        ]
      },
      {
        "date": "2026-06-12",
        "close": 28.555,
        "volume": 7108,
        "typical_volume": 37032.3,
        "trend": 26.860007,
        "fair_value": 21.960661,
        "relative_strength": 2.042027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.111244,
        "energy": 78.318467,
        "activity_lines": [
          28.912973,
          28.593876,
          27.651692,
          27.284931
        ]
      },
      {
        "date": "2026-06-19",
        "close": 28.945,
        "volume": 2566,
        "typical_volume": 37146.6,
        "trend": 26.987194,
        "fair_value": 22.042219,
        "relative_strength": 2.784581,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.632026,
        "energy": 67.19551,
        "activity_lines": [
          28.925666,
          28.733483,
          27.827366,
          27.419447
        ]
      },
      {
        "date": "2026-06-26",
        "close": 28.23,
        "volume": 960,
        "typical_volume": 37166.3,
        "trend": 27.050398,
        "fair_value": 22.116802,
        "relative_strength": -2.584301,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.76309,
        "energy": 57.178438,
        "activity_lines": [
          28.682,
          28.695362,
          27.924169,
          27.499628
        ]
      },
      {
        "date": "2026-07-03",
        "close": 29.030001,
        "volume": 0,
        "typical_volume": 37166.3,
        "trend": 27.135623,
        "fair_value": 22.197479,
        "relative_strength": -1.580514,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.513098,
        "energy": 55.659958,
        "activity_lines": [
          28.748334,
          28.785656,
          28.088987,
          27.627344
        ]
      },
      {
        "date": "2026-07-10",
        "close": 29.23,
        "volume": 8108,
        "typical_volume": 34027.4,
        "trend": 27.235147,
        "fair_value": 22.276749,
        "relative_strength": 0.375484,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.210537,
        "energy": 65.333127,
        "activity_lines": [
          28.893667,
          28.88517,
          28.260322,
          27.762465
        ]
      },
      {
        "date": "2026-07-17",
        "close": 28.915001,
        "volume": 3100,
        "typical_volume": 34167.65,
        "trend": 27.321682,
        "fair_value": 22.353058,
        "relative_strength": -1.450882,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.04715,
        "energy": 58.95951,
        "activity_lines": [
          28.932667,
          28.898811,
          28.388727,
          27.870843
        ]
      },
      {
        "date": "2026-07-24",
        "close": 28.73,
        "volume": 1870,
        "typical_volume": 11811.4,
        "trend": 27.396078,
        "fair_value": 22.427239,
        "relative_strength": -1.927232,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.506638,
        "energy": 59.59354,
        "activity_lines": [
          28.886,
          28.87,
          28.487844,
          27.961702
        ]
      },
      {
        "date": "2026-07-31",
        "close": 28.860001,
        "volume": 4562,
        "typical_volume": 11339.0,
        "trend": 27.471157,
        "fair_value": 22.503791,
        "relative_strength": -1.556349,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.305992,
        "energy": 53.226063,
        "activity_lines": [
          28.897001,
          28.863819,
          28.58644,
          28.056149
        ]
      },
      {
        "date": "2026-08-07",
        "close": 30.02,
        "volume": 15826,
        "typical_volume": 11794.9,
        "trend": 27.579761,
        "fair_value": 22.589191,
        "relative_strength": 1.006572,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.877845,
        "energy": 68.215738,
        "activity_lines": [
          29.252667,
          29.068909,
          28.78116,
          28.22059
        ]
      }
    ],
    "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."
    }
  }
}