{
  "ticker": {
    "uuid": "d084b201-8f76-4761-a8f8-3bbc4be53ca4",
    "symbol": "UBSI",
    "name": "United Bankshares Inc",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 71.168,
    "architecture_energy": 73.388,
    "architecture_maturity": 41.021,
    "architecture_confidence": 81.215,
    "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": 0.69,
        "rotation_up": 76.75,
        "upward_expansion": 93.43,
        "deceleration": 42.7,
        "rotation_down": 12.99,
        "downward_expansion": 15.43
      },
      "activity_lines": [
        48.004667,
        47.203774,
        45.690318,
        44.607413
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 48.32,
    "trend_reference": 43.423347,
    "distance_from_trend": 0.112765,
    "trend_direction": "Improving",
    "fair_value": 35.215279,
    "distance_from_fair_value": 0.372132,
    "fair_value_direction": "Improving",
    "relative_strength": 4.570092,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.080729,
    "excess_performance": -0.106725,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.112765,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.074126,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.372132,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.094942,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.045701,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.100293,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.080729,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.410277,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3817584,
      "relative_activity": 0.831623,
      "balance": 2.410277,
      "dry_up": 1.108883,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.039804,
      "annualized_volatility": 0.198646,
      "from_high_reference": -0.026199,
      "from_low_reference": 0.456526
    },
    "levels": {
      "trend_reference": 43.423347,
      "fair_value_reference": 35.215279,
      "structural_low": 37.77611,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 22,
        "median_return": -0.004362,
        "positive_rate": 0.454545,
        "directional_follow_through": 0.454545,
        "median_excess_return": -0.010176,
        "regime_survival": 0.590909,
        "best_return": 0.118938,
        "worst_return": -0.103354,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": 3.7e-05,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.029748,
        "regime_survival": 0.3,
        "best_return": 0.117523,
        "worst_return": -0.260036,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.02664,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.068761,
        "regime_survival": 0.166667,
        "best_return": 0.069505,
        "worst_return": -0.273723,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.041967,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.156286,
        "regime_survival": 0.0,
        "best_return": 0.121693,
        "worst_return": -0.121787,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-10-11",
        "end": "2024-11-01",
        "tenure": "New",
        "return": 0.01211,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-08",
        "end": "2024-12-27",
        "tenure": "Developing",
        "return": -0.082264,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-02-07",
        "tenure": "Developing",
        "return": 0.034298,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-14",
        "end": "2025-02-28",
        "tenure": "New",
        "return": -0.047192,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-07",
        "end": "2025-03-14",
        "tenure": "New",
        "return": -0.004276,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-21",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.082606,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-23",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.077851,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-11",
        "end": "2025-08-01",
        "tenure": "New",
        "return": -0.067855,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-08",
        "end": "2025-08-29",
        "tenure": "New",
        "return": 0.072448,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-05",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.062419,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-17",
        "end": "2025-12-12",
        "tenure": "Developing",
        "return": 0.122907,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-19",
        "end": "2026-03-13",
        "tenure": "Established",
        "return": -0.009514,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-20",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.119565,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.120309,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 27.157902,
        "volume": 4000182,
        "typical_volume": 4725481.7,
        "trend": 29.725599,
        "fair_value": 29.647542,
        "relative_strength": -27.017398,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.324969,
        "energy": 19.543809,
        "activity_lines": [
          28.566646,
          27.865208,
          27.555932,
          28.240114
        ]
      },
      {
        "date": "2023-08-25",
        "close": 25.760654,
        "volume": 3713971,
        "typical_volume": 4790253.4,
        "trend": 29.447313,
        "fair_value": 29.680778,
        "relative_strength": -31.442216,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.635069,
        "energy": 14.576012,
        "activity_lines": [
          27.606554,
          27.558505,
          27.375056,
          27.984311
        ]
      },
      {
        "date": "2023-09-01",
        "close": 27.184432,
        "volume": 2893187,
        "typical_volume": 4808440.2,
        "trend": 29.13187,
        "fair_value": 29.719532,
        "relative_strength": -29.812708,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.753312,
        "energy": 20.671278,
        "activity_lines": [
          27.258126,
          27.552958,
          27.350338,
          27.838319
        ]
      },
      {
        "date": "2023-09-08",
        "close": 25.549421,
        "volume": 1958620,
        "typical_volume": 4722422.55,
        "trend": 28.790805,
        "fair_value": 29.757367,
        "relative_strength": -32.7084,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.735469,
        "energy": 38.335798,
        "activity_lines": [
          26.502062,
          27.230842,
          27.181642,
          27.607193
        ]
      },
      {
        "date": "2023-09-15",
        "close": 25.227031,
        "volume": 4473560,
        "typical_volume": 4579955.2,
        "trend": 28.429465,
        "fair_value": 29.798624,
        "relative_strength": -32.706711,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.984086,
        "energy": 58.299724,
        "activity_lines": [
          25.904356,
          26.862632,
          27.001391,
          27.377272
        ]
      },
      {
        "date": "2023-09-22",
        "close": 23.946426,
        "volume": 4154416,
        "typical_volume": 4538901.35,
        "trend": 28.045364,
        "fair_value": 29.84542,
        "relative_strength": -33.310473,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.533696,
        "energy": 72.006705,
        "activity_lines": [
          25.161202,
          26.259228,
          26.71707,
          27.088044
        ]
      },
      {
        "date": "2023-09-29",
        "close": 24.707625,
        "volume": 2941059,
        "typical_volume": 4528520.15,
        "trend": 27.712627,
        "fair_value": 29.884364,
        "relative_strength": -30.638731,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.49056,
        "energy": 69.645754,
        "activity_lines": [
          24.88588,
          25.826567,
          26.517903,
          26.872706
        ]
      },
      {
        "date": "2023-10-06",
        "close": 24.859864,
        "volume": 3167074,
        "typical_volume": 4479453.95,
        "trend": 27.486196,
        "fair_value": 29.918897,
        "relative_strength": -30.758511,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.174639,
        "energy": 66.152215,
        "activity_lines": [
          24.731505,
          25.478115,
          26.331938,
          26.688657
        ]
      },
      {
        "date": "2023-10-13",
        "close": 23.659857,
        "volume": 2204352,
        "typical_volume": 4468445.1,
        "trend": 27.231137,
        "fair_value": 29.947211,
        "relative_strength": -33.410016,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.005168,
        "energy": 68.581661,
        "activity_lines": [
          24.3321,
          24.991208,
          26.036454,
          26.441796
        ]
      },
      {
        "date": "2023-10-20",
        "close": 23.480751,
        "volume": 2987820,
        "typical_volume": 4500883.65,
        "trend": 26.945612,
        "fair_value": 29.965228,
        "relative_strength": -31.180859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.453383,
        "energy": 64.400297,
        "activity_lines": [
          23.998963,
          24.578589,
          25.736228,
          26.199836
        ]
      },
      {
        "date": "2023-10-27",
        "close": 24.725535,
        "volume": 3312652,
        "typical_volume": 4447748.4,
        "trend": 26.743282,
        "fair_value": 29.990412,
        "relative_strength": -24.711051,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.723006,
        "energy": 46.701616,
        "activity_lines": [
          24.197174,
          24.500796,
          25.576887,
          26.056605
        ]
      },
      {
        "date": "2023-11-03",
        "close": 27.618091,
        "volume": 3590904,
        "typical_volume": 4315874.75,
        "trend": 26.661284,
        "fair_value": 30.034798,
        "relative_strength": -19.972551,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.282154,
        "energy": 17.360391,
        "activity_lines": [
          25.307628,
          24.993147,
          25.713958,
          26.113044
        ]
      },
      {
        "date": "2023-11-10",
        "close": 26.489726,
        "volume": 2737994,
        "typical_volume": 4280638.05,
        "trend": 26.555962,
        "fair_value": 30.056501,
        "relative_strength": -24.500546,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.370439,
        "energy": 16.832036,
        "activity_lines": [
          25.847931,
          25.24657,
          25.745797,
          26.101976
        ]
      },
      {
        "date": "2023-11-17",
        "close": 30.224079,
        "volume": 4708803,
        "typical_volume": 4348650.4,
        "trend": 26.577744,
        "fair_value": 30.100973,
        "relative_strength": -14.699299,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 39.121964,
        "energy": 37.364743,
        "activity_lines": [
          27.52436,
          26.191596,
          26.131543,
          26.338629
        ]
      },
      {
        "date": "2023-11-24",
        "close": 29.874823,
        "volume": 2078310,
        "typical_volume": 4229125.1,
        "trend": 26.607423,
        "fair_value": 30.13853,
        "relative_strength": -15.496384,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 38.824483,
        "energy": 47.642273,
        "activity_lines": [
          28.646755,
          26.988128,
          26.465046,
          26.551344
        ]
      },
      {
        "date": "2023-12-01",
        "close": 30.922591,
        "volume": 5101394,
        "typical_volume": 4202386.35,
        "trend": 26.751349,
        "fair_value": 30.179754,
        "relative_strength": -11.737447,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 79.948324,
        "energy": 82.83706,
        "activity_lines": [
          29.692135,
          27.890658,
          26.875586,
          26.829741
        ]
      },
      {
        "date": "2023-12-08",
        "close": 32.000442,
        "volume": 3150086,
        "typical_volume": 4070064.0,
        "trend": 27.003526,
        "fair_value": 30.227645,
        "relative_strength": -8.292374,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.96505,
        "energy": 89.561379,
        "activity_lines": [
          30.683662,
          28.862321,
          27.364031,
          27.168393
        ]
      },
      {
        "date": "2023-12-15",
        "close": 33.95522,
        "volume": 7123524,
        "typical_volume": 4092506.7,
        "trend": 27.273328,
        "fair_value": 30.28673,
        "relative_strength": -5.067457,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.825817,
        "energy": 92.897539,
        "activity_lines": [
          32.034624,
          30.056802,
          28.018722,
          27.616889
        ]
      },
      {
        "date": "2023-12-22",
        "close": 34.281016,
        "volume": 3547699,
        "typical_volume": 3553768.0,
        "trend": 27.541158,
        "fair_value": 30.342609,
        "relative_strength": -4.056874,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.903133,
        "energy": 92.434504,
        "activity_lines": [
          32.996486,
          31.145148,
          28.682011,
          28.068998
        ]
      },
      {
        "date": "2023-12-29",
        "close": 33.982369,
        "volume": 2062452,
        "typical_volume": 3495402.95,
        "trend": 27.734876,
        "fair_value": 30.393901,
        "relative_strength": -4.161485,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.773788,
        "energy": 88.902708,
        "activity_lines": [
          33.588336,
          31.986083,
          29.294266,
          28.48456
        ]
      },
      {
        "date": "2024-01-05",
        "close": 33.593224,
        "volume": 2813356,
        "typical_volume": 3436061.65,
        "trend": 27.883946,
        "fair_value": 30.428922,
        "relative_strength": -1.19253,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.340098,
        "energy": 80.407932,
        "activity_lines": [
          33.776635,
          32.565326,
          29.847869,
          28.862518
        ]
      },
      {
        "date": "2024-01-12",
        "close": 32.878282,
        "volume": 2350525,
        "typical_volume": 3367889.35,
        "trend": 28.043674,
        "fair_value": 30.456841,
        "relative_strength": -5.329686,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.732582,
        "energy": 61.064009,
        "activity_lines": [
          33.548578,
          32.853348,
          30.302738,
          29.184733
        ]
      },
      {
        "date": "2024-01-19",
        "close": 33.095479,
        "volume": 1915033,
        "typical_volume": 3318981.65,
        "trend": 28.276082,
        "fair_value": 30.485588,
        "relative_strength": -6.417964,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.569397,
        "energy": 54.639398,
        "activity_lines": [
          33.334397,
          33.085221,
          30.744399,
          29.510656
        ]
      },
      {
        "date": "2024-01-26",
        "close": 33.285527,
        "volume": 2843817,
        "typical_volume": 3363241.5,
        "trend": 28.510993,
        "fair_value": 30.536216,
        "relative_strength": -5.656788,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.495289,
        "energy": 50.342697,
        "activity_lines": [
          33.240881,
          33.231544,
          31.176012,
          29.833846
        ]
      },
      {
        "date": "2024-02-02",
        "close": 32.253839,
        "volume": 4204809,
        "typical_volume": 3349803.95,
        "trend": 28.749541,
        "fair_value": 30.56625,
        "relative_strength": -8.733197,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.672463,
        "energy": 39.280815,
        "activity_lines": [
          32.869835,
          33.134624,
          31.47253,
          30.07532
        ]
      },
      {
        "date": "2024-02-09",
        "close": 31.909943,
        "volume": 3142617,
        "typical_volume": 3299214.0,
        "trend": 28.955697,
        "fair_value": 30.588579,
        "relative_strength": -10.379789,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.515402,
        "energy": 32.627943,
        "activity_lines": [
          32.499393,
          32.931923,
          31.702835,
          30.279217
        ]
      },
      {
        "date": "2024-02-16",
        "close": 31.918992,
        "volume": 2926817,
        "typical_volume": 3298501.9,
        "trend": 29.092439,
        "fair_value": 30.606391,
        "relative_strength": -7.996322,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.786188,
        "energy": 27.473213,
        "activity_lines": [
          32.244185,
          32.712915,
          31.896081,
          30.470397
        ]
      },
      {
        "date": "2024-02-23",
        "close": 31.149751,
        "volume": 1719027,
        "typical_volume": 3226099.55,
        "trend": 29.155933,
        "fair_value": 30.616137,
        "relative_strength": -10.39833,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.837118,
        "energy": 23.175961,
        "activity_lines": [
          31.796517,
          32.355527,
          31.981725,
          30.603127
        ]
      },
      {
        "date": "2024-03-01",
        "close": 30.932554,
        "volume": 2179812,
        "typical_volume": 3224872.55,
        "trend": 29.202459,
        "fair_value": 30.609224,
        "relative_strength": -11.781476,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.906313,
        "energy": 19.00979,
        "activity_lines": [
          31.406165,
          32.009656,
          32.016733,
          30.717748
        ]
      },
      {
        "date": "2024-03-08",
        "close": 31.999868,
        "volume": 2468183,
        "typical_volume": 3198890.7,
        "trend": 29.28751,
        "fair_value": 30.60311,
        "relative_strength": -6.509338,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.238162,
        "energy": 16.063189,
        "activity_lines": [
          31.528449,
          31.918724,
          32.118757,
          30.898226
        ]
      },
      {
        "date": "2024-03-15",
        "close": 30.637199,
        "volume": 5152889,
        "typical_volume": 3290902.55,
        "trend": 29.403487,
        "fair_value": 30.592617,
        "relative_strength": -8.7034,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.832908,
        "energy": 14.316457,
        "activity_lines": [
          31.213442,
          31.616079,
          32.050436,
          30.985302
        ]
      },
      {
        "date": "2024-03-22",
        "close": 31.149343,
        "volume": 2307212,
        "typical_volume": 3226717.95,
        "trend": 29.58311,
        "fair_value": 30.586547,
        "relative_strength": -9.119365,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.034622,
        "energy": 13.230441,
        "activity_lines": [
          31.153998,
          31.460297,
          32.00274,
          31.097938
        ]
      },
      {
        "date": "2024-03-29",
        "close": 32.731503,
        "volume": 1655826,
        "typical_volume": 3172609.55,
        "trend": 29.768012,
        "fair_value": 30.594716,
        "relative_strength": -3.440272,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.957568,
        "energy": 18.640563,
        "activity_lines": [
          31.673252,
          31.623616,
          32.088911,
          31.30106
        ]
      },
      {
        "date": "2024-04-05",
        "close": 31.149343,
        "volume": 1949036,
        "typical_volume": 3034621.2,
        "trend": 29.954676,
        "fair_value": 30.592276,
        "relative_strength": -6.794413,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.763511,
        "energy": 10.314365,
        "activity_lines": [
          31.559668,
          31.505887,
          31.994676,
          31.390178
        ]
      },
      {
        "date": "2024-04-12",
        "close": 30.289672,
        "volume": 2053432,
        "typical_volume": 3033377.3,
        "trend": 30.123431,
        "fair_value": 30.582303,
        "relative_strength": -8.340776,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.147312,
        "energy": 4.20533,
        "activity_lines": [
          31.145075,
          31.270694,
          31.814163,
          31.411791
        ]
      },
      {
        "date": "2024-04-19",
        "close": 31.249943,
        "volume": 2493496,
        "typical_volume": 2902982.4,
        "trend": 30.366882,
        "fair_value": 30.57693,
        "relative_strength": 0.429714,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.354037,
        "energy": 7.021664,
        "activity_lines": [
          31.164585,
          31.245808,
          31.723128,
          31.484469
        ]
      },
      {
        "date": "2024-04-26",
        "close": 30.500017,
        "volume": 2622126,
        "typical_volume": 2876584.4,
        "trend": 30.559961,
        "fair_value": 30.568824,
        "relative_strength": -5.220479,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.441243,
        "energy": 10.349757,
        "activity_lines": [
          30.893271,
          31.096571,
          31.559113,
          31.493058
        ]
      },
      {
        "date": "2024-05-03",
        "close": 31.057889,
        "volume": 2364509,
        "typical_volume": 2638633.65,
        "trend": 30.766562,
        "fair_value": 30.555324,
        "relative_strength": -4.192858,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -1.631971,
        "energy": 11.247311,
        "activity_lines": [
          30.851202,
          31.074566,
          31.455373,
          31.525183
        ]
      },
      {
        "date": "2024-05-10",
        "close": 31.469433,
        "volume": 1794467,
        "typical_volume": 2550972.05,
        "trend": 31.026881,
        "fair_value": 30.537773,
        "relative_strength": -4.257221,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.133002,
        "energy": 4.610098,
        "activity_lines": [
          31.057889,
          31.129057,
          31.404625,
          31.570529
        ]
      },
      {
        "date": "2024-05-17",
        "close": 32.027305,
        "volume": 1762434,
        "typical_volume": 2535971.15,
        "trend": 31.311767,
        "fair_value": 30.528257,
        "relative_strength": -4.492346,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 2.687191,
        "energy": 3.468194,
        "activity_lines": [
          31.429193,
          31.275217,
          31.420396,
          31.635073
        ]
      },
      {
        "date": "2024-05-24",
        "close": 29.91471,
        "volume": 1546177,
        "typical_volume": 2472612.2,
        "trend": 31.484739,
        "fair_value": 30.506444,
        "relative_strength": -11.757728,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -28.209181,
        "energy": 13.692712,
        "activity_lines": [
          30.980458,
          31.036771,
          31.244278,
          31.54494
        ]
      },
      {
        "date": "2024-05-31",
        "close": 29.667783,
        "volume": 1963582,
        "typical_volume": 2453265.05,
        "trend": 31.553062,
        "fair_value": 30.493211,
        "relative_strength": -10.752551,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -57.611995,
        "energy": 34.386242,
        "activity_lines": [
          30.538428,
          30.766565,
          31.062159,
          31.427717
        ]
      },
      {
        "date": "2024-06-07",
        "close": 29.146493,
        "volume": 2023598,
        "typical_volume": 2458693.3,
        "trend": 31.641621,
        "fair_value": 30.481801,
        "relative_strength": -14.199155,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -62.742384,
        "energy": 54.364685,
        "activity_lines": [
          29.978118,
          30.428517,
          30.845682,
          31.272455
        ]
      },
      {
        "date": "2024-06-14",
        "close": 28.789822,
        "volume": 2276500,
        "typical_volume": 2430327.45,
        "trend": 31.593812,
        "fair_value": 30.47606,
        "relative_strength": -17.758237,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.758855,
        "energy": 67.770919,
        "activity_lines": [
          29.426344,
          30.090801,
          30.61404,
          31.088468
        ]
      },
      {
        "date": "2024-06-21",
        "close": 28.928635,
        "volume": 2651851,
        "typical_volume": 2352679.55,
        "trend": 31.562273,
        "fair_value": 30.462103,
        "relative_strength": -17.266558,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.663651,
        "energy": 67.973661,
        "activity_lines": [
          29.099481,
          29.821224,
          30.417028,
          30.916521
        ]
      },
      {
        "date": "2024-06-28",
        "close": 30.02063,
        "volume": 3232886,
        "typical_volume": 2357193.0,
        "trend": 31.532208,
        "fair_value": 30.463101,
        "relative_strength": -13.888752,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.130756,
        "energy": 57.913584,
        "activity_lines": [
          29.343195,
          29.774938,
          30.339849,
          30.81706
        ]
      },
      {
        "date": "2024-07-05",
        "close": 29.206261,
        "volume": 1393125,
        "typical_volume": 2280508.4,
        "trend": 31.439068,
        "fair_value": 30.464426,
        "relative_strength": -18.886263,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.743594,
        "energy": 47.238678,
        "activity_lines": [
          29.308391,
          29.602936,
          30.194107,
          30.666999
        ]
      },
      {
        "date": "2024-07-12",
        "close": 31.547574,
        "volume": 2188143,
        "typical_volume": 2303964.2,
        "trend": 31.358813,
        "fair_value": 30.484213,
        "relative_strength": -12.03985,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -24.531591,
        "energy": 14.401704,
        "activity_lines": [
          30.084793,
          29.88015,
          30.284266,
          30.673999
        ]
      },
      {
        "date": "2024-07-19",
        "close": 34.166513,
        "volume": 3754095,
        "typical_volume": 2382678.35,
        "trend": 31.354997,
        "fair_value": 30.523772,
        "relative_strength": -0.742618,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 33.79776,
        "energy": 30.013832,
        "activity_lines": [
          31.574103,
          30.624632,
          30.621953,
          30.855141
        ]
      },
      {
        "date": "2024-07-26",
        "close": 36.387521,
        "volume": 3792161,
        "typical_volume": 2448877.25,
        "trend": 31.435168,
        "fair_value": 30.576259,
        "relative_strength": 8.459194,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 47.636109,
        "energy": 60.222429,
        "activity_lines": [
          33.445302,
          31.723895,
          31.155765,
          31.17982
        ]
      },
      {
        "date": "2024-08-02",
        "close": 33.657532,
        "volume": 4429058,
        "typical_volume": 2412685.7,
        "trend": 31.437312,
        "fair_value": 30.606223,
        "relative_strength": 3.636765,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.483401,
        "energy": 59.176552,
        "activity_lines": [
          33.909246,
          32.24752,
          31.408684,
          31.323198
        ]
      },
      {
        "date": "2024-08-09",
        "close": 33.074517,
        "volume": 3491028,
        "typical_volume": 2471876.5,
        "trend": 31.443853,
        "fair_value": 30.630826,
        "relative_strength": 1.669661,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.948164,
        "energy": 61.339276,
        "activity_lines": [
          33.936392,
          32.597091,
          31.591696,
          31.428824
        ]
      },
      {
        "date": "2024-08-16",
        "close": 33.898141,
        "volume": 1652399,
        "typical_volume": 2471705.15,
        "trend": 31.470608,
        "fair_value": 30.660448,
        "relative_strength": -1.067542,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 59.887618,
        "energy": 65.762738,
        "activity_lines": [
          33.980195,
          33.034472,
          31.84398,
          31.587166
        ]
      },
      {
        "date": "2024-08-23",
        "close": 35.804506,
        "volume": 1886865,
        "typical_volume": 2468596.6,
        "trend": 31.554574,
        "fair_value": 30.697056,
        "relative_strength": 3.322321,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.144546,
        "energy": 50.537777,
        "activity_lines": [
          34.502749,
          33.73207,
          32.272268,
          31.866772
        ]
      },
      {
        "date": "2024-08-30",
        "close": 35.971082,
        "volume": 2207600,
        "typical_volume": 2476305.0,
        "trend": 31.678482,
        "fair_value": 30.739966,
        "relative_strength": 4.53145,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.398394,
        "energy": 52.212088,
        "activity_lines": [
          34.971628,
          34.332415,
          32.694252,
          32.151708
        ]
      },
      {
        "date": "2024-09-06",
        "close": 33.981429,
        "volume": 1563417,
        "typical_volume": 2429801.05,
        "trend": 31.747532,
        "fair_value": 30.780837,
        "relative_strength": 4.633231,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.148942,
        "energy": 44.339944,
        "activity_lines": [
          34.805053,
          34.442961,
          32.899692,
          32.300285
        ]
      },
      {
        "date": "2024-09-13",
        "close": 34.675494,
        "volume": 2032717,
        "typical_volume": 2400330.6,
        "trend": 31.839415,
        "fair_value": 30.828378,
        "relative_strength": 0.665311,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.379196,
        "energy": 42.620753,
        "activity_lines": [
          34.848239,
          34.607686,
          33.158225,
          32.489186
        ]
      },
      {
        "date": "2024-09-20",
        "close": 35.367134,
        "volume": 3719647,
        "typical_volume": 2468087.5,
        "trend": 31.979995,
        "fair_value": 30.876916,
        "relative_strength": 1.000306,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.494945,
        "energy": 40.327388,
        "activity_lines": [
          35.01524,
          34.798723,
          33.462746,
          32.716781
        ]
      },
      {
        "date": "2024-09-27",
        "close": 34.385753,
        "volume": 2337068,
        "typical_volume": 2495217.55,
        "trend": 32.095101,
        "fair_value": 30.903513,
        "relative_strength": -2.839031,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.294155,
        "energy": 31.320359,
        "activity_lines": [
          34.757182,
          34.74188,
          33.653282,
          32.871991
        ]
      },
      {
        "date": "2024-10-04",
        "close": 33.787577,
        "volume": 1889774,
        "typical_volume": 2501584.55,
        "trend": 32.154692,
        "fair_value": 30.925482,
        "relative_strength": -4.658606,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.040443,
        "energy": 23.471282,
        "activity_lines": [
          34.394314,
          34.572292,
          33.772962,
          32.981183
        ]
      },
      {
        "date": "2024-10-11",
        "close": 34.731573,
        "volume": 1849564,
        "typical_volume": 2516753.9,
        "trend": 32.291171,
        "fair_value": 30.956464,
        "relative_strength": -3.327179,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.687515,
        "energy": 23.215925,
        "activity_lines": [
          34.49168,
          34.621612,
          33.974163,
          33.147433
        ]
      },
      {
        "date": "2024-10-18",
        "close": 35.24563,
        "volume": 2052922,
        "typical_volume": 2521220.9,
        "trend": 32.427714,
        "fair_value": 30.986247,
        "relative_strength": -2.23555,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.472591,
        "energy": 25.140505,
        "activity_lines": [
          34.710388,
          34.744868,
          34.201385,
          33.338043
        ]
      },
      {
        "date": "2024-10-25",
        "close": 34.666147,
        "volume": 2542963,
        "typical_volume": 2547189.15,
        "trend": 32.492202,
        "fair_value": 31.012896,
        "relative_strength": -3.954563,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.661716,
        "energy": 23.72343,
        "activity_lines": [
          34.697925,
          34.723289,
          34.346857,
          33.482459
        ]
      },
      {
        "date": "2024-11-01",
        "close": 35.152165,
        "volume": 2733982,
        "typical_volume": 2570063.25,
        "trend": 32.625629,
        "fair_value": 31.03563,
        "relative_strength": -0.939894,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 53.961722,
        "energy": 32.999223,
        "activity_lines": [
          34.894202,
          34.776113,
          34.512333,
          33.654069
        ]
      },
      {
        "date": "2024-11-08",
        "close": 38.918802,
        "volume": 4327419,
        "typical_volume": 2653841.65,
        "trend": 32.913267,
        "fair_value": 31.081821,
        "relative_strength": 3.834008,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.544034,
        "energy": 65.90486,
        "activity_lines": [
          36.29493,
          35.525641,
          35.006239,
          34.06008
        ]
      },
      {
        "date": "2024-11-15",
        "close": 39.460899,
        "volume": 2668022,
        "typical_volume": 2625598.45,
        "trend": 33.186966,
        "fair_value": 31.132862,
        "relative_strength": 8.987058,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.818192,
        "energy": 78.539596,
        "activity_lines": [
          37.534275,
          36.320137,
          35.504201,
          34.482508
        ]
      },
      {
        "date": "2024-11-22",
        "close": 40.012342,
        "volume": 2168159,
        "typical_volume": 2664350.15,
        "trend": 33.504043,
        "fair_value": 31.197853,
        "relative_strength": 8.441698,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.613692,
        "energy": 84.222412,
        "activity_lines": [
          38.642146,
          37.115269,
          36.009727,
          34.922855
        ]
      },
      {
        "date": "2024-11-29",
        "close": 39.507631,
        "volume": 2004037,
        "typical_volume": 2655144.85,
        "trend": 33.785701,
        "fair_value": 31.262242,
        "relative_strength": 6.30964,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.768745,
        "energy": 81.672606,
        "activity_lines": [
          39.263999,
          37.721601,
          36.415729,
          35.310183
        ]
      },
      {
        "date": "2024-12-06",
        "close": 38.965535,
        "volume": 2284629,
        "typical_volume": 2581671.55,
        "trend": 34.035571,
        "fair_value": 31.318616,
        "relative_strength": 1.735678,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.584324,
        "energy": 77.082779,
        "activity_lines": [
          39.382388,
          38.154089,
          36.732197,
          35.644366
        ]
      },
      {
        "date": "2024-12-13",
        "close": 38.358013,
        "volume": 2134447,
        "typical_volume": 2498785.85,
        "trend": 34.246595,
        "fair_value": 31.377986,
        "relative_strength": -0.297663,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.377842,
        "energy": 54.500163,
        "activity_lines": [
          39.044045,
          38.39285,
          36.967953,
          35.923233
        ]
      },
      {
        "date": "2024-12-20",
        "close": 35.839795,
        "volume": 4597503,
        "typical_volume": 2507208.1,
        "trend": 34.444098,
        "fair_value": 31.415232,
        "relative_strength": -4.324244,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.003946,
        "energy": 29.840331,
        "activity_lines": [
          37.903682,
          38.090653,
          36.954496,
          36.02602
        ]
      },
      {
        "date": "2024-12-27",
        "close": 35.717186,
        "volume": 1370986,
        "typical_volume": 2401206.0,
        "trend": 34.645744,
        "fair_value": 31.450409,
        "relative_strength": -5.132607,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 27.529075,
        "energy": 19.520243,
        "activity_lines": [
          36.963857,
          37.746015,
          36.91897,
          36.108155
        ]
      },
      {
        "date": "2025-01-03",
        "close": 35.198452,
        "volume": 1672002,
        "typical_volume": 2402186.15,
        "trend": 34.847476,
        "fair_value": 31.468321,
        "relative_strength": -5.3559,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.833368,
        "energy": 19.767669,
        "activity_lines": [
          36.137463,
          37.298488,
          36.821457,
          36.143814
        ]
      },
      {
        "date": "2025-01-10",
        "close": 33.708271,
        "volume": 2410088,
        "typical_volume": 2428347.3,
        "trend": 35.011425,
        "fair_value": 31.474597,
        "relative_strength": -6.970827,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -12.881754,
        "energy": 26.873104,
        "activity_lines": [
          35.101622,
          36.570341,
          36.57583,
          36.070316
        ]
      },
      {
        "date": "2025-01-17",
        "close": 36.339666,
        "volume": 2972376,
        "typical_volume": 2466586.1,
        "trend": 35.258459,
        "fair_value": 31.51227,
        "relative_strength": -2.258357,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.273789,
        "energy": 18.741852,
        "activity_lines": [
          35.293396,
          36.346881,
          36.590793,
          36.156009
        ]
      },
      {
        "date": "2025-01-24",
        "close": 36.217056,
        "volume": 2463219,
        "typical_volume": 2511576.2,
        "trend": 35.465007,
        "fair_value": 31.55658,
        "relative_strength": -3.763421,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.981759,
        "energy": 14.874818,
        "activity_lines": [
          35.578856,
          36.148023,
          36.592325,
          36.217854
        ]
      },
      {
        "date": "2025-01-31",
        "close": 36.311372,
        "volume": 3716376,
        "typical_volume": 2595759.15,
        "trend": 35.701844,
        "fair_value": 31.597489,
        "relative_strength": -1.994907,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.848684,
        "energy": 10.67164,
        "activity_lines": [
          35.870605,
          36.025291,
          36.592193,
          36.272459
        ]
      },
      {
        "date": "2025-02-07",
        "close": 36.405687,
        "volume": 2195746,
        "typical_volume": 2519564.1,
        "trend": 35.863781,
        "fair_value": 31.63895,
        "relative_strength": -1.756861,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.309959,
        "energy": 13.081394,
        "activity_lines": [
          36.15418,
          35.986998,
          36.593254,
          36.317868
        ]
      },
      {
        "date": "2025-02-14",
        "close": 35.773775,
        "volume": 2056281,
        "typical_volume": 2505524.75,
        "trend": 35.917356,
        "fair_value": 31.67214,
        "relative_strength": -5.987656,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 2.261269,
        "energy": 5.455561,
        "activity_lines": [
          36.146634,
          35.890211,
          36.529187,
          36.312061
        ]
      },
      {
        "date": "2025-02-21",
        "close": 33.510209,
        "volume": 3092591,
        "typical_volume": 2565665.6,
        "trend": 35.821446,
        "fair_value": 31.691408,
        "relative_strength": -9.718311,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.682695,
        "energy": 23.822727,
        "activity_lines": [
          35.246867,
          35.439899,
          36.242933,
          36.156761
        ]
      },
      {
        "date": "2025-02-28",
        "close": 34.085532,
        "volume": 6137235,
        "typical_volume": 2780049.15,
        "trend": 35.835712,
        "fair_value": 31.723497,
        "relative_strength": -4.860394,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -34.708553,
        "energy": 42.287235,
        "activity_lines": [
          34.727504,
          35.182333,
          36.012792,
          36.044767
        ]
      },
      {
        "date": "2025-03-07",
        "close": 33.08579,
        "volume": 3977338,
        "typical_volume": 2876269.95,
        "trend": 35.836088,
        "fair_value": 31.743157,
        "relative_strength": -4.417403,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.839623,
        "energy": 56.50383,
        "activity_lines": [
          34.016996,
          34.774891,
          35.690514,
          35.867352
        ]
      },
      {
        "date": "2025-03-14",
        "close": 32.944317,
        "volume": 3977640,
        "typical_volume": 2948003.8,
        "trend": 35.804294,
        "fair_value": 31.763852,
        "relative_strength": -2.356813,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -68.832293,
        "energy": 71.062732,
        "activity_lines": [
          33.474369,
          34.38957,
          35.365047,
          35.680787
        ]
      },
      {
        "date": "2025-03-21",
        "close": 32.772732,
        "volume": 6587807,
        "typical_volume": 3140695.05,
        "trend": 35.703235,
        "fair_value": 31.78129,
        "relative_strength": -3.052146,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.235718,
        "energy": 73.528802,
        "activity_lines": [
          33.105305,
          34.014036,
          35.031438,
          35.485202
        ]
      },
      {
        "date": "2025-03-28",
        "close": 32.791797,
        "volume": 3511050,
        "typical_volume": 3099876.6,
        "trend": 35.597259,
        "fair_value": 31.80241,
        "relative_strength": -0.563892,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.476401,
        "energy": 70.312679,
        "activity_lines": [
          32.942665,
          33.658979,
          34.710976,
          35.297367
        ]
      },
      {
        "date": "2025-04-04",
        "close": 30.17036,
        "volume": 5339270,
        "typical_volume": 3233439.0,
        "trend": 35.470223,
        "fair_value": 31.81439,
        "relative_strength": 1.495705,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.182368,
        "energy": 78.660443,
        "activity_lines": [
          31.954107,
          32.891803,
          34.170029,
          34.947245
        ]
      },
      {
        "date": "2025-04-11",
        "close": 30.351477,
        "volume": 6184423,
        "typical_volume": 3434252.2,
        "trend": 35.326089,
        "fair_value": 31.824562,
        "relative_strength": -4.953684,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.993901,
        "energy": 77.58086,
        "activity_lines": [
          31.286933,
          32.267497,
          33.690572,
          34.617003
        ]
      },
      {
        "date": "2025-04-18",
        "close": 31.943405,
        "volume": 5241114,
        "typical_volume": 3596106.05,
        "trend": 35.211965,
        "fair_value": 31.846127,
        "relative_strength": 2.460686,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.469945,
        "energy": 64.787727,
        "activity_lines": [
          31.332689,
          32.040995,
          33.408731,
          34.398765
        ]
      },
      {
        "date": "2025-04-25",
        "close": 32.49629,
        "volume": 4419327,
        "typical_volume": 3702840.95,
        "trend": 35.148983,
        "fair_value": 31.874959,
        "relative_strength": -1.978182,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.33584,
        "energy": 49.972397,
        "activity_lines": [
          31.629468,
          31.99615,
          33.215566,
          34.223561
        ]
      },
      {
        "date": "2025-05-02",
        "close": 33.621125,
        "volume": 3889470,
        "typical_volume": 3790592.1,
        "trend": 35.143434,
        "fair_value": 31.903662,
        "relative_strength": -1.880701,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.688558,
        "energy": 31.854472,
        "activity_lines": [
          32.319621,
          32.21541,
          33.160335,
          34.124989
        ]
      },
      {
        "date": "2025-05-09",
        "close": 33.83084,
        "volume": 2295772,
        "typical_volume": 3675505.55,
        "trend": 35.11341,
        "fair_value": 31.933818,
        "relative_strength": -1.032465,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.267078,
        "energy": 22.610166,
        "activity_lines": [
          33.02439,
          32.470785,
          33.147632,
          34.040306
        ]
      },
      {
        "date": "2025-05-16",
        "close": 35.479962,
        "volume": 2966879,
        "typical_volume": 3755300.2,
        "trend": 35.121221,
        "fair_value": 31.970444,
        "relative_strength": -2.795521,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -7.391897,
        "energy": 18.527296,
        "activity_lines": [
          34.034835,
          33.03063,
          33.301556,
          34.063954
        ]
      },
      {
        "date": "2025-05-23",
        "close": 34.32653,
        "volume": 2754228,
        "typical_volume": 3809411.5,
        "trend": 35.1099,
        "fair_value": 31.988884,
        "relative_strength": -3.734236,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.242002,
        "energy": 23.935334,
        "activity_lines": [
          34.318904,
          33.33723,
          33.346758,
          34.012684
        ]
      },
      {
        "date": "2025-05-30",
        "close": 34.450452,
        "volume": 2330899,
        "typical_volume": 3805452.05,
        "trend": 35.08651,
        "fair_value": 32.010654,
        "relative_strength": -5.227287,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.512987,
        "energy": 20.117604,
        "activity_lines": [
          34.485405,
          33.64123,
          33.407914,
          33.970139
        ]
      },
      {
        "date": "2025-06-06",
        "close": 34.660167,
        "volume": 2274601,
        "typical_volume": 3770563.3,
        "trend": 34.944555,
        "fair_value": 32.042375,
        "relative_strength": -6.648423,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.811209,
        "energy": 18.478796,
        "activity_lines": [
          34.591533,
          33.952856,
          33.485509,
          33.942633
        ]
      },
      {
        "date": "2025-06-13",
        "close": 33.935697,
        "volume": 2699084,
        "typical_volume": 3782356.55,
        "trend": 34.760382,
        "fair_value": 32.07403,
        "relative_strength": -8.185894,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.106716,
        "energy": 12.078851,
        "activity_lines": [
          34.386902,
          34.09879,
          33.502105,
          33.877545
        ]
      },
      {
        "date": "2025-06-20",
        "close": 33.646719,
        "volume": 4410600,
        "typical_volume": 3817067.75,
        "trend": 34.548195,
        "fair_value": 32.095656,
        "relative_strength": -9.026456,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.831492,
        "energy": 11.182216,
        "activity_lines": [
          34.078955,
          34.123721,
          33.502042,
          33.805696
        ]
      },
      {
        "date": "2025-06-27",
        "close": 35.091611,
        "volume": 6556351,
        "typical_volume": 4035098.0,
        "trend": 34.400994,
        "fair_value": 32.126381,
        "relative_strength": -8.926727,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.679709,
        "energy": 6.732745,
        "activity_lines": [
          34.374854,
          34.351447,
          33.652277,
          33.840755
        ]
      },
      {
        "date": "2025-07-04",
        "close": 36.998868,
        "volume": 3489876,
        "typical_volume": 4106777.75,
        "trend": 34.335438,
        "fair_value": 32.169277,
        "relative_strength": -5.569571,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 37.119064,
        "energy": 32.476603,
        "activity_lines": [
          35.2555,
          34.868707,
          33.990413,
          34.00836
        ]
      },
      {
        "date": "2025-07-11",
        "close": 36.199361,
        "volume": 3394401,
        "typical_volume": 4121868.25,
        "trend": 34.263483,
        "fair_value": 32.208193,
        "relative_strength": -7.303904,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 39.069039,
        "energy": 52.120532,
        "activity_lines": [
          35.69975,
          35.158737,
          34.246572,
          34.128613
        ]
      },
      {
        "date": "2025-07-18",
        "close": 35.929648,
        "volume": 6052511,
        "typical_volume": 4117632.05,
        "trend": 34.266478,
        "fair_value": 32.241129,
        "relative_strength": -8.94617,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.458188,
        "energy": 57.016597,
        "activity_lines": [
          35.951482,
          35.352851,
          34.464239,
          34.236107
        ]
      },
      {
        "date": "2025-07-25",
        "close": 34.870061,
        "volume": 4316443,
        "typical_volume": 4134587.3,
        "trend": 34.238241,
        "fair_value": 32.25348,
        "relative_strength": -12.008299,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 57.766675,
        "energy": 61.189028,
        "activity_lines": [
          35.717088,
          35.316153,
          34.57221,
          34.275048
        ]
      },
      {
        "date": "2025-08-01",
        "close": 33.743045,
        "volume": 3721418,
        "typical_volume": 4121776.2,
        "trend": 34.189727,
        "fair_value": 32.260461,
        "relative_strength": -12.58377,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 30.805138,
        "energy": 19.251402,
        "activity_lines": [
          35.025467,
          35.085631,
          34.564351,
          34.2431
        ]
      },
      {
        "date": "2025-08-08",
        "close": 34.436593,
        "volume": 2936851,
        "typical_volume": 3939228.4,
        "trend": 34.214005,
        "fair_value": 32.263166,
        "relative_strength": -13.665289,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 31.004667,
        "energy": 18.407861,
        "activity_lines": [
          34.654932,
          34.991819,
          34.61874,
          34.259027
        ]
      },
      {
        "date": "2025-08-15",
        "close": 35.534711,
        "volume": 3432209,
        "typical_volume": 3935286.35,
        "trend": 34.187173,
        "fair_value": 32.273292,
        "relative_strength": -11.091322,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 37.050492,
        "energy": 21.65578,
        "activity_lines": [
          34.821255,
          35.097916,
          34.769788,
          34.344234
        ]
      },
      {
        "date": "2025-08-22",
        "close": 37.307112,
        "volume": 2693970,
        "typical_volume": 3803021.35,
        "trend": 34.223508,
        "fair_value": 32.304536,
        "relative_strength": -5.52361,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 67.437107,
        "energy": 33.533498,
        "activity_lines": [
          35.622689,
          35.510367,
          35.076576,
          34.54552
        ]
      },
      {
        "date": "2025-08-29",
        "close": 36.93144,
        "volume": 2924994,
        "typical_volume": 3640049.9,
        "trend": 34.244177,
        "fair_value": 32.342749,
        "relative_strength": -5.924004,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 64.706418,
        "energy": 57.809828,
        "activity_lines": [
          36.207067,
          35.793215,
          35.3136,
          34.720225
        ]
      },
      {
        "date": "2025-09-05",
        "close": 36.864012,
        "volume": 1755010,
        "typical_volume": 3465744.7,
        "trend": 34.259455,
        "fair_value": 32.377056,
        "relative_strength": -6.701298,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.475683,
        "energy": 65.000567,
        "activity_lines": [
          36.631545,
          36.004082,
          35.51287,
          34.889247
        ]
      },
      {
        "date": "2025-09-12",
        "close": 36.411279,
        "volume": 2068780,
        "typical_volume": 3348217.35,
        "trend": 34.280705,
        "fair_value": 32.407801,
        "relative_strength": -9.224815,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.51542,
        "energy": 64.670318,
        "activity_lines": [
          36.697047,
          36.100408,
          35.64559,
          35.028074
        ]
      },
      {
        "date": "2025-09-19",
        "close": 36.508557,
        "volume": 4567559,
        "typical_volume": 3382121.8,
        "trend": 34.38065,
        "fair_value": 32.440546,
        "relative_strength": -10.587398,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.921528,
        "energy": 52.048766,
        "activity_lines": [
          36.663329,
          36.225105,
          35.768933,
          35.171807
        ]
      },
      {
        "date": "2025-09-26",
        "close": 36.333456,
        "volume": 2802748,
        "typical_volume": 3407470.6,
        "trend": 34.45558,
        "fair_value": 32.476628,
        "relative_strength": -10.360445,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.081668,
        "energy": 35.029943,
        "activity_lines": [
          36.506321,
          36.312343,
          35.861849,
          35.297794
        ]
      },
      {
        "date": "2025-10-03",
        "close": 36.177811,
        "volume": 3088180,
        "typical_volume": 3413535.65,
        "trend": 34.558648,
        "fair_value": 32.504335,
        "relative_strength": -11.568183,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.195329,
        "energy": 25.521638,
        "activity_lines": [
          36.362341,
          36.36394,
          35.928025,
          35.408906
        ]
      },
      {
        "date": "2025-10-10",
        "close": 34.56299,
        "volume": 3561880,
        "typical_volume": 3453918.25,
        "trend": 34.612604,
        "fair_value": 32.516845,
        "relative_strength": -13.256199,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 16.768458,
        "energy": 11.855924,
        "activity_lines": [
          35.73033,
          36.098156,
          35.837085,
          35.409186
        ]
      },
      {
        "date": "2025-10-17",
        "close": 34.271156,
        "volume": 4640944,
        "typical_volume": 3569420.5,
        "trend": 34.662551,
        "fair_value": 32.524677,
        "relative_strength": -15.686002,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.791257,
        "energy": 13.957555,
        "activity_lines": [
          35.154443,
          35.764403,
          35.717226,
          35.387157
        ]
      },
      {
        "date": "2025-10-24",
        "close": 35.438495,
        "volume": 4169034,
        "typical_volume": 3664142.15,
        "trend": 34.750774,
        "fair_value": 32.519897,
        "relative_strength": -14.358339,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.770252,
        "energy": 15.502697,
        "activity_lines": [
          35.110343,
          35.645902,
          35.709396,
          35.437218
        ]
      },
      {
        "date": "2025-10-31",
        "close": 34.815914,
        "volume": 4014739,
        "typical_volume": 3729924.9,
        "trend": 34.905626,
        "fair_value": 32.506776,
        "relative_strength": -17.055741,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.385794,
        "energy": 16.699019,
        "activity_lines": [
          34.930054,
          35.415954,
          35.638565,
          35.441421
        ]
      },
      {
        "date": "2025-11-07",
        "close": 35.555229,
        "volume": 3152016,
        "typical_volume": 3666995.7,
        "trend": 35.079085,
        "fair_value": 32.498724,
        "relative_strength": -12.158748,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.004074,
        "energy": 12.402446,
        "activity_lines": [
          35.097373,
          35.365721,
          35.633955,
          35.48333
        ]
      },
      {
        "date": "2025-11-14",
        "close": 35.438495,
        "volume": 2917517,
        "typical_volume": 3485054.0,
        "trend": 35.195588,
        "fair_value": 32.495265,
        "relative_strength": -11.766301,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.119126,
        "energy": 7.137016,
        "activity_lines": [
          35.267285,
          35.319285,
          35.609138,
          35.506518
        ]
      },
      {
        "date": "2025-11-21",
        "close": 36.216722,
        "volume": 3888806,
        "typical_volume": 3505000.5,
        "trend": 35.319602,
        "fair_value": 32.490353,
        "relative_strength": -6.462299,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.163843,
        "energy": 15.128328,
        "activity_lines": [
          35.63824,
          35.440264,
          35.656787,
          35.572398
        ]
      },
      {
        "date": "2025-11-28",
        "close": 36.22645,
        "volume": 2639528,
        "typical_volume": 3467256.85,
        "trend": 35.406446,
        "fair_value": 32.486054,
        "relative_strength": -10.335724,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 37.140657,
        "energy": 21.058375,
        "activity_lines": [
          35.882733,
          35.566549,
          35.709086,
          35.630904
        ]
      },
      {
        "date": "2025-12-05",
        "close": 36.985221,
        "volume": 2589574,
        "typical_volume": 3294110.0,
        "trend": 35.511592,
        "fair_value": 32.495381,
        "relative_strength": -8.959587,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 56.550886,
        "energy": 34.689021,
        "activity_lines": [
          36.327619,
          35.835922,
          35.833521,
          35.732761
        ]
      },
      {
        "date": "2025-12-12",
        "close": 38.483307,
        "volume": 3600347,
        "typical_volume": 3258305.2,
        "trend": 35.611704,
        "fair_value": 32.529029,
        "relative_strength": -3.155177,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 73.228386,
        "energy": 62.965474,
        "activity_lines": [
          37.127247,
          36.365823,
          36.095604,
          35.924484
        ]
      },
      {
        "date": "2025-12-19",
        "close": 39.229793,
        "volume": 6597997,
        "typical_volume": 3402134.15,
        "trend": 35.775146,
        "fair_value": 32.5558,
        "relative_strength": -1.653292,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.314275,
        "energy": 75.203262,
        "activity_lines": [
          37.980499,
          36.989531,
          36.411574,
          36.157909
        ]
      },
      {
        "date": "2025-12-26",
        "close": 38.797617,
        "volume": 2110606,
        "typical_volume": 3360821.9,
        "trend": 35.920051,
        "fair_value": 32.579633,
        "relative_strength": -3.7402,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.168669,
        "energy": 75.333392,
        "activity_lines": [
          38.436938,
          37.449811,
          36.660258,
          36.352907
        ]
      },
      {
        "date": "2026-01-02",
        "close": 37.707355,
        "volume": 2565412,
        "typical_volume": 3317482.05,
        "trend": 36.021624,
        "fair_value": 32.597145,
        "relative_strength": -4.611197,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.523202,
        "energy": 68.687024,
        "activity_lines": [
          38.357897,
          37.629562,
          36.784341,
          36.468217
        ]
      },
      {
        "date": "2026-01-09",
        "close": 39.917346,
        "volume": 5781377,
        "typical_volume": 3471852.4,
        "trend": 36.221012,
        "fair_value": 32.626045,
        "relative_strength": -1.109523,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.431389,
        "energy": 73.038252,
        "activity_lines": [
          38.916793,
          38.169878,
          37.108553,
          36.719554
        ]
      },
      {
        "date": "2026-01-16",
        "close": 40.487032,
        "volume": 4298494,
        "typical_volume": 3540527.4,
        "trend": 36.449023,
        "fair_value": 32.66654,
        "relative_strength": 1.318145,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.116853,
        "energy": 73.41715,
        "activity_lines": [
          39.470109,
          38.721019,
          37.474591,
          36.994781
        ]
      },
      {
        "date": "2026-01-23",
        "close": 40.722765,
        "volume": 4345180,
        "typical_volume": 3670035.9,
        "trend": 36.636728,
        "fair_value": 32.708934,
        "relative_strength": 1.770449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.441432,
        "energy": 69.915086,
        "activity_lines": [
          39.968421,
          39.225352,
          37.846148,
          37.270507
        ]
      },
      {
        "date": "2026-01-30",
        "close": 41.577294,
        "volume": 4957607,
        "typical_volume": 3814477.25,
        "trend": 36.789342,
        "fair_value": 32.740534,
        "relative_strength": 4.141953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.134323,
        "energy": 81.951493,
        "activity_lines": [
          40.652045,
          39.788976,
          38.280714,
          37.589253
        ]
      },
      {
        "date": "2026-02-06",
        "close": 44.71057,
        "volume": 4942870,
        "typical_volume": 3833242.8,
        "trend": 37.073049,
        "fair_value": 32.797773,
        "relative_strength": 14.119715,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.506635,
        "energy": 91.983432,
        "activity_lines": [
          42.194782,
          40.824822,
          38.989088,
          38.1003
        ]
      },
      {
        "date": "2026-02-13",
        "close": 43.335465,
        "volume": 3236181,
        "typical_volume": 3854914.45,
        "trend": 37.31991,
        "fair_value": 32.844364,
        "relative_strength": 11.856753,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.70213,
        "energy": 85.837725,
        "activity_lines": [
          42.81227,
          41.456392,
          39.527441,
          38.504327
        ]
      },
      {
        "date": "2026-02-20",
        "close": 43.49262,
        "volume": 2704792,
        "typical_volume": 3835745.05,
        "trend": 37.607328,
        "fair_value": 32.895794,
        "relative_strength": 10.746341,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.799073,
        "energy": 86.778894,
        "activity_lines": [
          43.254268,
          42.001077,
          40.047419,
          38.902566
        ]
      },
      {
        "date": "2026-02-27",
        "close": 40.56561,
        "volume": 4263027,
        "typical_volume": 3870802.4,
        "trend": 37.834747,
        "fair_value": 32.93346,
        "relative_strength": 3.570705,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.284644,
        "energy": 57.863838,
        "activity_lines": [
          42.520224,
          41.922499,
          40.253802,
          39.093423
        ]
      },
      {
        "date": "2026-03-06",
        "close": 39.426237,
        "volume": 4919740,
        "typical_volume": 3884742.2,
        "trend": 38.001069,
        "fair_value": 32.98329,
        "relative_strength": 1.98425,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.170667,
        "energy": 34.488174,
        "activity_lines": [
          41.416866,
          41.612476,
          40.323089,
          39.1961
        ]
      },
      {
        "date": "2026-03-13",
        "close": 38.85655,
        "volume": 5314900,
        "typical_volume": 3942035.5,
        "trend": 38.111797,
        "fair_value": 33.031655,
        "relative_strength": 1.640044,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 30.313332,
        "energy": 22.739239,
        "activity_lines": [
          40.267016,
          41.187443,
          40.313572,
          39.251292
        ]
      },
      {
        "date": "2026-03-20",
        "close": 39.233413,
        "volume": 6444979,
        "typical_volume": 4063547.5,
        "trend": 38.176007,
        "fair_value": 33.077725,
        "relative_strength": 4.715898,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.048143,
        "energy": 26.944585,
        "activity_lines": [
          39.633054,
          40.810037,
          40.323671,
          39.323654
        ]
      },
      {
        "date": "2026-03-27",
        "close": 40.026809,
        "volume": 5864348,
        "typical_volume": 4199164.1,
        "trend": 38.279186,
        "fair_value": 33.1369,
        "relative_strength": 10.366006,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.146769,
        "energy": 23.788785,
        "activity_lines": [
          39.537029,
          40.589319,
          40.388295,
          39.443061
        ]
      },
      {
        "date": "2026-04-03",
        "close": 41.524343,
        "volume": 4478468,
        "typical_volume": 4277211.65,
        "trend": 38.43453,
        "fair_value": 33.210274,
        "relative_strength": 10.135199,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.762497,
        "energy": 21.053698,
        "activity_lines": [
          40.171235,
          40.649248,
          40.574248,
          39.652426
        ]
      },
      {
        "date": "2026-04-10",
        "close": 43.47808,
        "volume": 5227931,
        "typical_volume": 4344167.9,
        "trend": 38.67009,
        "fair_value": 33.29892,
        "relative_strength": 10.260811,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 64.133378,
        "energy": 35.336957,
        "activity_lines": [
          41.392772,
          41.049828,
          40.917291,
          39.977816
        ]
      },
      {
        "date": "2026-04-17",
        "close": 43.924365,
        "volume": 3617114,
        "typical_volume": 4393047.2,
        "trend": 38.917284,
        "fair_value": 33.390931,
        "relative_strength": 5.049961,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 67.045752,
        "energy": 57.880055,
        "activity_lines": [
          42.492947,
          41.496991,
          41.26826,
          40.316802
        ]
      },
      {
        "date": "2026-04-24",
        "close": 43.130969,
        "volume": 3941234,
        "typical_volume": 4460630.2,
        "trend": 39.143867,
        "fair_value": 33.481614,
        "relative_strength": 1.050613,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.956485,
        "energy": 66.761728,
        "activity_lines": [
          42.990803,
          41.814194,
          41.507011,
          40.588652
        ]
      },
      {
        "date": "2026-05-01",
        "close": 43.3194,
        "volume": 4015463,
        "typical_volume": 4481386.0,
        "trend": 39.38192,
        "fair_value": 33.588758,
        "relative_strength": 0.08891,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.708222,
        "energy": 68.242832,
        "activity_lines": [
          43.291632,
          42.169376,
          41.734441,
          40.858041
        ]
      },
      {
        "date": "2026-05-08",
        "close": 43.051629,
        "volume": 3545469,
        "typical_volume": 4328759.6,
        "trend": 39.664875,
        "fair_value": 33.708095,
        "relative_strength": -5.459236,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.863957,
        "energy": 63.710618,
        "activity_lines": [
          43.283697,
          42.479022,
          41.913341,
          41.094797
        ]
      },
      {
        "date": "2026-05-15",
        "close": 41.425168,
        "volume": 4023955,
        "typical_volume": 4424427.05,
        "trend": 39.903342,
        "fair_value": 33.807864,
        "relative_strength": -8.464949,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.766121,
        "energy": 34.658116,
        "activity_lines": [
          42.631791,
          42.447747,
          41.919141,
          41.208364
        ]
      },
      {
        "date": "2026-05-22",
        "close": 42.902868,
        "volume": 3486012,
        "typical_volume": 4470457.05,
        "trend": 40.152155,
        "fair_value": 33.914638,
        "relative_strength": -6.114853,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.846086,
        "energy": 28.124803,
        "activity_lines": [
          42.609311,
          42.648801,
          42.053161,
          41.401882
        ]
      },
      {
        "date": "2026-05-29",
        "close": 43.051629,
        "volume": 2874536,
        "typical_volume": 4325115.0,
        "trend": 40.426678,
        "fair_value": 34.010028,
        "relative_strength": -8.209618,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.480072,
        "energy": 26.573397,
        "activity_lines": [
          42.704519,
          42.803333,
          42.176609,
          41.588945
        ]
      },
      {
        "date": "2026-06-05",
        "close": 43.537584,
        "volume": 3926868,
        "typical_volume": 4306533.7,
        "trend": 40.692757,
        "fair_value": 34.102441,
        "relative_strength": -2.681065,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.395629,
        "energy": 28.845438,
        "activity_lines": [
          42.967,
          42.976798,
          42.331413,
          41.789648
        ]
      },
      {
        "date": "2026-06-12",
        "close": 45.65,
        "volume": 4501755,
        "typical_volume": 4314362.45,
        "trend": 41.03314,
        "fair_value": 34.215028,
        "relative_strength": -0.221297,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.146022,
        "energy": 61.887087,
        "activity_lines": [
          43.919075,
          43.470506,
          42.672873,
          42.109471
        ]
      },
      {
        "date": "2026-06-19",
        "close": 44.42,
        "volume": 5538483,
        "typical_volume": 4343406.25,
        "trend": 41.306583,
        "fair_value": 34.332315,
        "relative_strength": -5.31879,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.076625,
        "energy": 60.766681,
        "activity_lines": [
          44.287925,
          43.665566,
          42.873728,
          42.327978
        ]
      },
      {
        "date": "2026-06-26",
        "close": 46.21,
        "volume": 7556808,
        "typical_volume": 4474103.15,
        "trend": 41.639368,
        "fair_value": 34.460339,
        "relative_strength": 3.10105,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.850077,
        "energy": 74.086356,
        "activity_lines": [
          45.053786,
          44.168955,
          43.231521,
          42.644327
        ]
      },
      {
        "date": "2026-07-03",
        "close": 46.38,
        "volume": 4308196,
        "typical_volume": 4527703.9,
        "trend": 41.952527,
        "fair_value": 34.596766,
        "relative_strength": 2.649649,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.45366,
        "energy": 76.969367,
        "activity_lines": [
          45.655839,
          44.661696,
          43.598365,
          42.950174
        ]
      },
      {
        "date": "2026-07-10",
        "close": 46.11,
        "volume": 4542395,
        "typical_volume": 4619584.05,
        "trend": 42.20675,
        "fair_value": 34.727438,
        "relative_strength": 0.297075,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.695659,
        "energy": 72.091944,
        "activity_lines": [
          45.946,
          45.046273,
          43.924998,
          43.218398
        ]
      },
      {
        "date": "2026-07-17",
        "close": 47.58,
        "volume": 5260646,
        "typical_volume": 4669465.0,
        "trend": 42.485091,
        "fair_value": 34.854125,
        "relative_strength": 7.849956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.177925,
        "energy": 79.554102,
        "activity_lines": [
          46.554667,
          45.647384,
          44.379166,
          43.56506
        ]
      },
      {
        "date": "2026-07-24",
        "close": 47.8,
        "volume": 6266432,
        "typical_volume": 4736799.6,
        "trend": 42.78517,
        "fair_value": 34.973068,
        "relative_strength": 9.837833,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.438338,
        "energy": 77.033979,
        "activity_lines": [
          47.108,
          46.206161,
          44.820885,
          43.907957
        ]
      },
      {
        "date": "2026-07-31",
        "close": 48.45,
        "volume": 5016735,
        "typical_volume": 4721891.35,
        "trend": 43.143258,
        "fair_value": 35.094307,
        "relative_strength": 10.413295,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.020531,
        "energy": 77.740642,
        "activity_lines": [
          47.652667,
          46.767214,
          45.284633,
          44.27343
        ]
      },
      {
        "date": "2026-08-07",
        "close": 48.32,
        "volume": 3817584,
        "typical_volume": 4590521.6,
        "trend": 43.423347,
        "fair_value": 35.215279,
        "relative_strength": 4.570092,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.167902,
        "energy": 73.387876,
        "activity_lines": [
          48.004667,
          47.203774,
          45.690318,
          44.607413
        ]
      }
    ],
    "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."
    }
  }
}