{
  "ticker": {
    "uuid": "d889cfb4-abb5-4cd6-b598-5019f3095ea4",
    "symbol": "VLX",
    "name": "Volex plc",
    "exchange": "LSE",
    "country": "GB",
    "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": "^FTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 95.782,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "mixed",
    "architecture_direction": -18.822,
    "architecture_energy": 23.086,
    "architecture_maturity": 31.309,
    "architecture_confidence": 49.466,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 43.17,
        "rotation_up": 16.64,
        "upward_expansion": 20.61,
        "deceleration": 63.64,
        "rotation_down": 56.26,
        "downward_expansion": 38.95
      },
      "activity_lines": [
        529.733333,
        536.872727,
        567.721429,
        555.274194
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 553.0,
    "trend_reference": 532.3,
    "distance_from_trend": 0.038888,
    "trend_direction": "Improving",
    "fair_value": 362.430939,
    "distance_from_fair_value": 0.525808,
    "fair_value_direction": "Weakening",
    "relative_strength": 9.663961,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.190527,
    "excess_performance": 0.139292,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.038888,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.100024,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.525808,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.401328,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.09664,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.422765,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.190527,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.303107,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3564222,
      "relative_activity": 0.706504,
      "balance": 1.303107,
      "dry_up": 1.401305,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.0911,
      "annualized_volatility": 0.40794,
      "from_high_reference": -0.221127,
      "from_low_reference": 0.701608
    },
    "levels": {
      "trend_reference": 532.3,
      "fair_value_reference": 362.430939,
      "structural_low": 409.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 8,
        "median_return": -0.003506,
        "positive_rate": 0.375,
        "directional_follow_through": 0.375,
        "median_excess_return": 0.003708,
        "regime_survival": 0.5,
        "best_return": 0.295174,
        "worst_return": -0.053704,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.114108,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.100734,
        "regime_survival": 0.0,
        "best_return": 0.212121,
        "worst_return": -0.072919,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.050567,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.102675,
        "regime_survival": 0.0,
        "best_return": 0.37893,
        "worst_return": -0.198435,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.125796,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.039725,
        "regime_survival": 0.0,
        "best_return": 0.125796,
        "worst_return": 0.125796,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-05-03",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.054299,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-06-28",
        "tenure": "Developing",
        "return": -0.090395,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-07-05",
        "end": "2024-07-12",
        "tenure": "New",
        "return": 0.035037,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-19",
        "end": "2024-09-13",
        "tenure": "Developing",
        "return": -0.05759,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-09-20",
        "end": "2024-10-04",
        "tenure": "New",
        "return": -0.043675,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-10-11",
        "end": "2024-11-15",
        "tenure": "Developing",
        "return": -0.049612,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-22",
        "end": "2025-05-30",
        "tenure": "Extended",
        "return": -0.042997,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-06",
        "end": "2025-06-27",
        "tenure": "New",
        "return": 0.318644,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-04",
        "end": "2025-08-15",
        "tenure": "Developing",
        "return": -0.039008,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-22",
        "end": "2025-10-03",
        "tenure": "Developing",
        "return": 0.035211,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-10",
        "end": "2026-03-20",
        "tenure": "Established",
        "return": 0.177246,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.200898,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-17",
        "end": "2026-06-26",
        "tenure": "Developing",
        "return": -0.039146,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-03",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.024074,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 321.904297,
        "volume": 2863858,
        "typical_volume": 2582238.45,
        "trend": 259.520701,
        "fair_value": 296.426535,
        "relative_strength": 28.390416,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.898885,
        "energy": 82.672253,
        "activity_lines": [
          307.941801,
          298.149906,
          287.721695,
          274.172996
        ]
      },
      {
        "date": "2023-08-25",
        "close": 315.906097,
        "volume": 1414833,
        "typical_volume": 2579871.4,
        "trend": 261.637495,
        "fair_value": 297.304875,
        "relative_strength": 24.243958,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.199857,
        "energy": 79.930908,
        "activity_lines": [
          312.673724,
          302.496376,
          291.636525,
          277.810763
        ]
      },
      {
        "date": "2023-09-01",
        "close": 321.904297,
        "volume": 2400981,
        "typical_volume": 2591510.85,
        "trend": 263.704326,
        "fair_value": 298.14479,
        "relative_strength": 23.979871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.339793,
        "energy": 81.049063,
        "activity_lines": [
          317.538938,
          307.333144,
          295.59649,
          281.698944
        ]
      },
      {
        "date": "2023-09-08",
        "close": 315.906097,
        "volume": 1134093,
        "typical_volume": 2404468.55,
        "trend": 266.287606,
        "fair_value": 298.978287,
        "relative_strength": 21.240155,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.396791,
        "energy": 66.482069,
        "activity_lines": [
          318.238731,
          310.333639,
          298.459073,
          285.0668
        ]
      },
      {
        "date": "2023-09-15",
        "close": 322.904022,
        "volume": 1414269,
        "typical_volume": 2342232.75,
        "trend": 268.987528,
        "fair_value": 299.895079,
        "relative_strength": 19.747724,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.660809,
        "energy": 58.162117,
        "activity_lines": [
          319.838259,
          314.015286,
          301.640506,
          288.719472
        ]
      },
      {
        "date": "2023-09-22",
        "close": 315.906097,
        "volume": 1512933,
        "typical_volume": 2238046.1,
        "trend": 271.820712,
        "fair_value": 300.795841,
        "relative_strength": 17.129862,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.266627,
        "energy": 50.315376,
        "activity_lines": [
          318.57197,
          315.642539,
          303.834027,
          291.746477
        ]
      },
      {
        "date": "2023-09-29",
        "close": 314.406525,
        "volume": 1642292,
        "typical_volume": 2212294.8,
        "trend": 274.653891,
        "fair_value": 301.619725,
        "relative_strength": 17.352958,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.567072,
        "energy": 43.563997,
        "activity_lines": [
          317.205705,
          316.42412,
          305.746555,
          294.493948
        ]
      },
      {
        "date": "2023-10-06",
        "close": 310.407745,
        "volume": 2126947,
        "typical_volume": 2248075.8,
        "trend": 278.036847,
        "fair_value": 302.36032,
        "relative_strength": 17.24719,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.265458,
        "energy": 33.647614,
        "activity_lines": [
          314.606484,
          315.996978,
          307.078189,
          296.800649
        ]
      },
      {
        "date": "2023-10-13",
        "close": 286.414856,
        "volume": 3137321,
        "typical_volume": 2326959.1,
        "trend": 280.73666,
        "fair_value": 302.742119,
        "relative_strength": 6.511497,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.492273,
        "energy": 14.865189,
        "activity_lines": [
          304.77607,
          310.825786,
          305.950911,
          297.341165
        ]
      },
      {
        "date": "2023-10-20",
        "close": 279.916779,
        "volume": 2117084,
        "typical_volume": 2382269.75,
        "trend": 283.18655,
        "fair_value": 302.928516,
        "relative_strength": 6.70044,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.582346,
        "energy": 16.015666,
        "activity_lines": [
          294.745713,
          304.618538,
          304.128486,
          297.28827
        ]
      },
      {
        "date": "2023-10-27",
        "close": 282.416046,
        "volume": 2186268,
        "typical_volume": 2432703.4,
        "trend": 285.403205,
        "fair_value": 303.194995,
        "relative_strength": 9.074168,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -5.098534,
        "energy": 22.700128,
        "activity_lines": [
          288.414262,
          299.501877,
          302.532065,
          297.23856
        ]
      },
      {
        "date": "2023-11-03",
        "close": 288.414246,
        "volume": 1392100,
        "typical_volume": 2414811.3,
        "trend": 288.169665,
        "fair_value": 303.33977,
        "relative_strength": 9.191945,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -18.374493,
        "energy": 29.093509,
        "activity_lines": [
          286.314881,
          296.193766,
          301.494881,
          297.432821
        ]
      },
      {
        "date": "2023-11-10",
        "close": 286.414856,
        "volume": 1244303,
        "typical_volume": 2317794.85,
        "trend": 290.669556,
        "fair_value": 303.593446,
        "relative_strength": 9.244903,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -18.915754,
        "energy": 30.432122,
        "activity_lines": [
          285.281854,
          293.021982,
          300.240974,
          297.319607
        ]
      },
      {
        "date": "2023-11-17",
        "close": 301.910248,
        "volume": 1735470,
        "typical_volume": 2140919.2,
        "trend": 292.636367,
        "fair_value": 303.702945,
        "relative_strength": 12.820268,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -10.143002,
        "energy": 14.474466,
        "activity_lines": [
          291.013485,
          293.312804,
          300.436517,
          298.044813
        ]
      },
      {
        "date": "2023-11-24",
        "close": 312.407135,
        "volume": 2586579,
        "typical_volume": 2114308.5,
        "trend": 294.536567,
        "fair_value": 303.950202,
        "relative_strength": 16.846881,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.303055,
        "energy": 18.158975,
        "activity_lines": [
          299.211052,
          295.766621,
          301.543572,
          299.320346
        ]
      },
      {
        "date": "2023-12-01",
        "close": 309.922119,
        "volume": 2291460,
        "typical_volume": 2102666.1,
        "trend": 295.304342,
        "fair_value": 304.130278,
        "relative_strength": 14.954327,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 38.821122,
        "energy": 23.455251,
        "activity_lines": [
          304.414256,
          297.959469,
          302.259124,
          300.312963
        ]
      },
      {
        "date": "2023-12-08",
        "close": 304.423492,
        "volume": 1373096,
        "typical_volume": 2094265.45,
        "trend": 296.371974,
        "fair_value": 304.281513,
        "relative_strength": 12.226165,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 36.599919,
        "energy": 25.411148,
        "activity_lines": [
          305.950846,
          299.261366,
          302.329414,
          300.901295
        ]
      },
      {
        "date": "2023-12-15",
        "close": 329.917084,
        "volume": 3225514,
        "typical_volume": 2150100.8,
        "trend": 298.239411,
        "fair_value": 304.416789,
        "relative_strength": 20.57818,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 65.368923,
        "energy": 39.718419,
        "activity_lines": [
          314.918018,
          305.379972,
          304.749052,
          303.065496
        ]
      },
      {
        "date": "2023-12-22",
        "close": 322.918823,
        "volume": 1227184,
        "typical_volume": 2054235.7,
        "trend": 299.990195,
        "fair_value": 304.468766,
        "relative_strength": 15.651957,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 58.94201,
        "energy": 49.871776,
        "activity_lines": [
          318.652287,
          309.871452,
          306.309316,
          304.657716
        ]
      },
      {
        "date": "2023-12-29",
        "close": 318.9198,
        "volume": 368954,
        "typical_volume": 1869776.95,
        "trend": 301.374435,
        "fair_value": 304.539953,
        "relative_strength": 13.233975,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.739562,
        "energy": 47.005452,
        "activity_lines": [
          319.652976,
          312.972127,
          307.352977,
          305.878981
        ]
      },
      {
        "date": "2024-01-05",
        "close": 299.424744,
        "volume": 1354949,
        "typical_volume": 1794331.5,
        "trend": 302.02554,
        "fair_value": 304.402889,
        "relative_strength": 6.619479,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.334481,
        "energy": 27.073635,
        "activity_lines": [
          313.721137,
          311.819102,
          306.520854,
          305.753194
        ]
      },
      {
        "date": "2024-01-12",
        "close": 309.42218,
        "volume": 1376903,
        "typical_volume": 1792435.0,
        "trend": 302.90993,
        "fair_value": 304.265847,
        "relative_strength": 10.695054,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 33.640218,
        "energy": 16.678362,
        "activity_lines": [
          311.8216,
          312.174543,
          306.747913,
          306.230397
        ]
      },
      {
        "date": "2024-01-19",
        "close": 307.922577,
        "volume": 1347913,
        "typical_volume": 1739781.6,
        "trend": 303.810974,
        "fair_value": 304.010283,
        "relative_strength": 12.086236,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 30.400194,
        "energy": 14.264199,
        "activity_lines": [
          309.088951,
          311.875366,
          306.863029,
          306.553793
        ]
      },
      {
        "date": "2024-01-26",
        "close": 314.920837,
        "volume": 1617930,
        "typical_volume": 1763973.45,
        "trend": 304.861995,
        "fair_value": 303.95974,
        "relative_strength": 11.523958,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 32.530654,
        "energy": 16.029384,
        "activity_lines": [
          310.155355,
          312.457551,
          307.711226,
          307.270558
        ]
      },
      {
        "date": "2024-02-02",
        "close": 316.420471,
        "volume": 921595,
        "typical_volume": 1739339.75,
        "trend": 306.079624,
        "fair_value": 303.790682,
        "relative_strength": 11.839912,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 35.830228,
        "energy": 15.872832,
        "activity_lines": [
          312.254836,
          313.075841,
          308.706936,
          308.016267
        ]
      },
      {
        "date": "2024-02-09",
        "close": 316.920349,
        "volume": 1929083,
        "typical_volume": 1760147.25,
        "trend": 307.163972,
        "fair_value": 303.599203,
        "relative_strength": 11.978466,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.455613,
        "energy": 22.634894,
        "activity_lines": [
          314.687565,
          313.712047,
          309.781128,
          308.715668
        ]
      },
      {
        "date": "2024-02-16",
        "close": 317.420197,
        "volume": 1001900,
        "typical_volume": 1728127.65,
        "trend": 308.147497,
        "fair_value": 303.455772,
        "relative_strength": 9.515642,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.571326,
        "energy": 29.293173,
        "activity_lines": [
          316.120536,
          314.311895,
          310.898095,
          309.37736
        ]
      },
      {
        "date": "2024-02-23",
        "close": 288.927368,
        "volume": 2331517,
        "typical_volume": 1738356.15,
        "trend": 308.131276,
        "fair_value": 303.366732,
        "relative_strength": -0.661025,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.050664,
        "energy": 4.069026,
        "activity_lines": [
          307.522697,
          309.494924,
          309.287108,
          308.137352
        ]
      },
      {
        "date": "2024-03-01",
        "close": 281.929108,
        "volume": 4083061,
        "typical_volume": 1785643.15,
        "trend": 307.715163,
        "fair_value": 303.187987,
        "relative_strength": -3.153275,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -49.880525,
        "energy": 39.324836,
        "activity_lines": [
          297.858451,
          304.15081,
          307.111908,
          306.446889
        ]
      },
      {
        "date": "2024-03-08",
        "close": 280.429504,
        "volume": 2135187,
        "typical_volume": 1786548.3,
        "trend": 306.565933,
        "fair_value": 302.845874,
        "relative_strength": -3.852461,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -51.918852,
        "energy": 53.608659,
        "activity_lines": [
          289.893787,
          299.279308,
          304.815249,
          304.686524
        ]
      },
      {
        "date": "2024-03-15",
        "close": 285.428223,
        "volume": 2020241,
        "typical_volume": 1778246.95,
        "trend": 305.350064,
        "fair_value": 302.535806,
        "relative_strength": -3.431648,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.350429,
        "energy": 62.724533,
        "activity_lines": [
          285.994759,
          296.016488,
          302.992217,
          303.322801
        ]
      },
      {
        "date": "2024-03-22",
        "close": 292.426483,
        "volume": 3122180,
        "typical_volume": 1864750.95,
        "trend": 304.56741,
        "fair_value": 302.28341,
        "relative_strength": -4.036679,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.971117,
        "energy": 59.367242,
        "activity_lines": [
          286.52796,
          294.280561,
          301.821342,
          302.489022
        ]
      },
      {
        "date": "2024-03-29",
        "close": 287.927643,
        "volume": 1968379,
        "typical_volume": 1900954.75,
        "trend": 303.434855,
        "fair_value": 301.922096,
        "relative_strength": -6.142595,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.051156,
        "energy": 45.458461,
        "activity_lines": [
          287.227795,
          292.035676,
          300.202901,
          301.415488
        ]
      },
      {
        "date": "2024-04-05",
        "close": 270.931915,
        "volume": 1986325,
        "typical_volume": 1913497.5,
        "trend": 301.935716,
        "fair_value": 301.323707,
        "relative_strength": -11.560638,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.334757,
        "energy": 49.221177,
        "activity_lines": [
          282.329036,
          287.064203,
          296.958615,
          299.318524
        ]
      },
      {
        "date": "2024-04-12",
        "close": 271.931641,
        "volume": 2167745,
        "typical_volume": 1892555.8,
        "trend": 300.236636,
        "fair_value": 300.766962,
        "relative_strength": -12.482178,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.325572,
        "energy": 46.559022,
        "activity_lines": [
          278.496666,
          283.074296,
          293.957056,
          297.382778
        ]
      },
      {
        "date": "2024-04-19",
        "close": 308.922333,
        "volume": 4846516,
        "typical_volume": 2020308.6,
        "trend": 300.003844,
        "fair_value": 300.575464,
        "relative_strength": 0.25988,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.138681,
        "energy": 20.154162,
        "activity_lines": [
          287.56105,
          286.618858,
          294.671162,
          297.943145
        ]
      },
      {
        "date": "2024-04-26",
        "close": 312.921295,
        "volume": 3644618,
        "typical_volume": 2133884.7,
        "trend": 299.954337,
        "fair_value": 300.399991,
        "relative_strength": -1.775443,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -15.893759,
        "energy": 8.856169,
        "activity_lines": [
          296.392147,
          291.035923,
          295.770881,
          298.776529
        ]
      },
      {
        "date": "2024-05-03",
        "close": 331.416687,
        "volume": 2536340,
        "typical_volume": 2099426.0,
        "trend": 300.654635,
        "fair_value": 300.378314,
        "relative_strength": 2.921354,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 38.079827,
        "energy": 29.700388,
        "activity_lines": [
          310.022054,
          298.897584,
          298.591601,
          300.806358
        ]
      },
      {
        "date": "2024-05-10",
        "close": 346.912811,
        "volume": 2503406,
        "typical_volume": 2163237.1,
        "trend": 302.671233,
        "fair_value": 300.552067,
        "relative_strength": 4.61132,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 65.706599,
        "energy": 50.995531,
        "activity_lines": [
          325.918066,
          308.804189,
          302.881001,
          303.790757
        ]
      },
      {
        "date": "2024-05-17",
        "close": 349.41217,
        "volume": 1261573,
        "typical_volume": 2207868.05,
        "trend": 304.987746,
        "fair_value": 300.693793,
        "relative_strength": 5.21557,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 73.646862,
        "energy": 76.399262,
        "activity_lines": [
          337.581805,
          317.983701,
          307.294179,
          306.806301
        ]
      },
      {
        "date": "2024-05-24",
        "close": 353.911011,
        "volume": 1728922,
        "typical_volume": 2226566.7,
        "trend": 307.370912,
        "fair_value": 300.774669,
        "relative_strength": 7.51401,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.463219,
        "energy": 81.916733,
        "activity_lines": [
          345.579789,
          326.726954,
          311.990615,
          309.962641
        ]
      },
      {
        "date": "2024-05-31",
        "close": 351.411652,
        "volume": 1067618,
        "typical_volume": 2211102.45,
        "trend": 309.470825,
        "fair_value": 300.698582,
        "relative_strength": 6.987159,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.905703,
        "energy": 79.562003,
        "activity_lines": [
          349.745408,
          333.770636,
          316.189559,
          312.803979
        ]
      },
      {
        "date": "2024-06-07",
        "close": 340.414459,
        "volume": 1337949,
        "typical_volume": 2210604.25,
        "trend": 311.270812,
        "fair_value": 300.63208,
        "relative_strength": 3.801175,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.161602,
        "energy": 68.662143,
        "activity_lines": [
          347.679272,
          337.742371,
          319.141202,
          314.800342
        ]
      },
      {
        "date": "2024-06-14",
        "close": 338.414917,
        "volume": 1197206,
        "typical_volume": 2189568.05,
        "trend": 312.487634,
        "fair_value": 300.350959,
        "relative_strength": 4.211123,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.288747,
        "energy": 46.051136,
        "activity_lines": [
          344.346771,
          340.396247,
          321.747688,
          316.551575
        ]
      },
      {
        "date": "2024-06-21",
        "close": 354.910767,
        "volume": 1514131,
        "typical_volume": 2219194.85,
        "trend": 313.904422,
        "fair_value": 300.169175,
        "relative_strength": 7.803225,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.179708,
        "energy": 46.379414,
        "activity_lines": [
          347.079413,
          344.822406,
          325.813332,
          319.288551
        ]
      },
      {
        "date": "2024-06-28",
        "close": 321.919067,
        "volume": 3211159,
        "typical_volume": 2283298.65,
        "trend": 314.30432,
        "fair_value": 299.875204,
        "relative_strength": -1.421963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 42.75957,
        "energy": 26.746508,
        "activity_lines": [
          338.448248,
          341.741361,
          326.553621,
          319.805625
        ]
      },
      {
        "date": "2024-07-05",
        "close": 342.41391,
        "volume": 1886161,
        "typical_volume": 2327511.7,
        "trend": 315.570668,
        "fair_value": 299.8023,
        "relative_strength": 4.186549,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.907644,
        "energy": 25.298599,
        "activity_lines": [
          338.781494,
          342.150348,
          329.221997,
          321.619147
        ]
      },
      {
        "date": "2024-07-12",
        "close": 354.410919,
        "volume": 1293995,
        "typical_volume": 2275635.6,
        "trend": 316.387129,
        "fair_value": 299.831792,
        "relative_strength": 6.955748,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.877569,
        "energy": 30.94904,
        "activity_lines": [
          343.713592,
          344.20438,
          332.913928,
          324.124969
        ]
      },
      {
        "date": "2024-07-19",
        "close": 355.410614,
        "volume": 2702319,
        "typical_volume": 2206598.5,
        "trend": 317.470188,
        "fair_value": 299.91254,
        "relative_strength": 8.224233,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.338578,
        "energy": 35.680448,
        "activity_lines": [
          348.045825,
          346.022097,
          336.389241,
          326.642614
        ]
      },
      {
        "date": "2024-07-26",
        "close": 348.440155,
        "volume": 1907834,
        "typical_volume": 2195230.85,
        "trend": 318.4542,
        "fair_value": 299.900555,
        "relative_strength": 4.216049,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.648987,
        "energy": 38.177518,
        "activity_lines": [
          348.921525,
          346.417953,
          338.850789,
          328.640676
        ]
      },
      {
        "date": "2024-08-02",
        "close": 338.441864,
        "volume": 2077429,
        "typical_volume": 2198090.25,
        "trend": 319.754771,
        "fair_value": 299.834088,
        "relative_strength": 2.478982,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.993529,
        "energy": 33.808499,
        "activity_lines": [
          346.895835,
          345.01361,
          340.036258,
          329.930203
        ]
      },
      {
        "date": "2024-08-09",
        "close": 349.939911,
        "volume": 1858143,
        "typical_volume": 2134888.4,
        "trend": 321.105362,
        "fair_value": 299.790073,
        "relative_strength": 5.996229,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.576948,
        "energy": 31.212244,
        "activity_lines": [
          347.601308,
          345.981079,
          342.064334,
          331.877631
        ]
      },
      {
        "date": "2024-08-16",
        "close": 359.938171,
        "volume": 2475255,
        "typical_volume": 2160232.2,
        "trend": 322.839215,
        "fair_value": 299.694826,
        "relative_strength": 7.196878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.602204,
        "energy": 33.249095,
        "activity_lines": [
          351.137801,
          348.793172,
          344.770752,
          334.382974
        ]
      },
      {
        "date": "2024-08-23",
        "close": 373.935791,
        "volume": 3388463,
        "typical_volume": 2230339.1,
        "trend": 324.80638,
        "fair_value": 299.532343,
        "relative_strength": 11.048294,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.765843,
        "energy": 41.26014,
        "activity_lines": [
          358.971684,
          353.795311,
          348.467369,
          337.679527
        ]
      },
      {
        "date": "2024-08-30",
        "close": 363.9375,
        "volume": 1755730,
        "typical_volume": 2209738.35,
        "trend": 326.390281,
        "fair_value": 298.937377,
        "relative_strength": 7.432982,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.166503,
        "energy": 49.1436,
        "activity_lines": [
          362.237791,
          356.333744,
          350.721273,
          340.204115
        ]
      },
      {
        "date": "2024-09-06",
        "close": 340.941467,
        "volume": 1463476,
        "typical_volume": 2040586.35,
        "trend": 327.190985,
        "fair_value": 297.961154,
        "relative_strength": 3.07266,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.15471,
        "energy": 33.357971,
        "activity_lines": [
          356.805397,
          354.526958,
          350.346955,
          341.142901
        ]
      },
      {
        "date": "2024-09-13",
        "close": 334.942474,
        "volume": 1293665,
        "typical_volume": 1923038.7,
        "trend": 327.775061,
        "fair_value": 297.170713,
        "relative_strength": 0.204068,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 28.447948,
        "energy": 17.065733,
        "activity_lines": [
          349.206699,
          351.283584,
          349.248833,
          341.642997
        ]
      },
      {
        "date": "2024-09-20",
        "close": 331.942993,
        "volume": 7601742,
        "typical_volume": 2176308.8,
        "trend": 329.208915,
        "fair_value": 296.377062,
        "relative_strength": -0.136173,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.63238,
        "energy": 10.278633,
        "activity_lines": [
          341.608004,
          347.630694,
          347.760183,
          341.911896
        ]
      },
      {
        "date": "2024-09-27",
        "close": 336.44223,
        "volume": 3323859,
        "typical_volume": 2217331.45,
        "trend": 331.026019,
        "fair_value": 295.881336,
        "relative_strength": 0.155389,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.232139,
        "energy": 17.373732,
        "activity_lines": [
          337.375399,
          345.204356,
          346.697526,
          342.378562
        ]
      },
      {
        "date": "2024-10-04",
        "close": 317.445465,
        "volume": 2548646,
        "typical_volume": 2281685.1,
        "trend": 332.259885,
        "fair_value": 295.170938,
        "relative_strength": -4.901387,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -29.701265,
        "energy": 30.123016,
        "activity_lines": [
          329.310109,
          339.668939,
          343.875513,
          341.502397
        ]
      },
      {
        "date": "2024-10-11",
        "close": 322.444611,
        "volume": 3120643,
        "typical_volume": 2351271.15,
        "trend": 333.493764,
        "fair_value": 294.367654,
        "relative_strength": -3.152644,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.950139,
        "energy": 40.587967,
        "activity_lines": [
          326.010671,
          335.605998,
          341.681831,
          340.869154
        ]
      },
      {
        "date": "2024-10-18",
        "close": 333.442749,
        "volume": 3179352,
        "typical_volume": 2456857.85,
        "trend": 334.860973,
        "fair_value": 293.628464,
        "relative_strength": -1.200512,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.707316,
        "energy": 36.650488,
        "activity_lines": [
          327.610402,
          333.833578,
          340.685432,
          340.865862
        ]
      },
      {
        "date": "2024-10-25",
        "close": 323.444458,
        "volume": 1416902,
        "typical_volume": 2460805.5,
        "trend": 336.044867,
        "fair_value": 292.818775,
        "relative_strength": -2.912907,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.700139,
        "energy": 33.489213,
        "activity_lines": [
          325.977352,
          330.543234,
          338.82238,
          340.129313
        ]
      },
      {
        "date": "2024-11-01",
        "close": 331.443085,
        "volume": 1427960,
        "typical_volume": 2472343.2,
        "trend": 338.061906,
        "fair_value": 291.925818,
        "relative_strength": 0.280309,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.020401,
        "energy": 18.628549,
        "activity_lines": [
          327.577079,
          329.370709,
          337.801912,
          339.832424
        ]
      },
      {
        "date": "2024-11-08",
        "close": 329.943359,
        "volume": 1457415,
        "typical_volume": 2469507.4,
        "trend": 339.99563,
        "fair_value": 291.41406,
        "relative_strength": 1.028293,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -38.923839,
        "energy": 20.7707,
        "activity_lines": [
          329.010175,
          328.698101,
          336.671811,
          339.308647
        ]
      },
      {
        "date": "2024-11-15",
        "close": 306.447357,
        "volume": 4606153,
        "typical_volume": 2539257.1,
        "trend": 339.913131,
        "fair_value": 290.93741,
        "relative_strength": -5.964174,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -63.543764,
        "energy": 34.851328,
        "activity_lines": [
          321.778076,
          324.371568,
          333.422889,
          337.144242
        ]
      },
      {
        "date": "2024-11-22",
        "close": 301.94812,
        "volume": 2931218,
        "typical_volume": 2591509.95,
        "trend": 339.547358,
        "fair_value": 290.588889,
        "relative_strength": -9.347695,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.780642,
        "energy": 46.044163,
        "activity_lines": [
          314.112716,
          319.854158,
          329.819143,
          334.694886
        ]
      },
      {
        "date": "2024-11-29",
        "close": 288.965332,
        "volume": 1757331,
        "typical_volume": 2614676.75,
        "trend": 338.132313,
        "fair_value": 290.19879,
        "relative_strength": -13.248833,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.880693,
        "energy": 63.633702,
        "activity_lines": [
          304.219401,
          313.576137,
          325.171635,
          331.43153
        ]
      },
      {
        "date": "2024-12-06",
        "close": 279.466461,
        "volume": 1649643,
        "typical_volume": 2562042.95,
        "trend": 335.884101,
        "fair_value": 289.71897,
        "relative_strength": -16.048042,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.865933,
        "energy": 74.953574,
        "activity_lines": [
          293.458404,
          306.352462,
          319.931119,
          327.646636
        ]
      },
      {
        "date": "2024-12-13",
        "close": 299.96402,
        "volume": 3443152,
        "typical_volume": 2638808.85,
        "trend": 334.23583,
        "fair_value": 289.546736,
        "relative_strength": -9.478655,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.238091,
        "energy": 64.650079,
        "activity_lines": [
          292.995036,
          303.891538,
          317.004389,
          325.329211
        ]
      },
      {
        "date": "2024-12-20",
        "close": 279.9664,
        "volume": 2126021,
        "typical_volume": 2641238.45,
        "trend": 331.771009,
        "fair_value": 289.188649,
        "relative_strength": -12.952293,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.051161,
        "energy": 64.470014,
        "activity_lines": [
          287.864416,
          298.112528,
          312.403964,
          321.827958
        ]
      },
      {
        "date": "2024-12-27",
        "close": 280.466339,
        "volume": 354872,
        "typical_volume": 2566074.9,
        "trend": 329.406165,
        "fair_value": 288.779308,
        "relative_strength": -13.208085,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.699527,
        "energy": 55.679561,
        "activity_lines": [
          284.665841,
          293.196747,
          308.129606,
          318.517979
        ]
      },
      {
        "date": "2025-01-03",
        "close": 274.467072,
        "volume": 900622,
        "typical_volume": 2487343.25,
        "trend": 327.207919,
        "fair_value": 288.498092,
        "relative_strength": -15.603124,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.739231,
        "energy": 48.74955,
        "activity_lines": [
          280.899628,
          288.153398,
          303.614715,
          314.973522
        ]
      },
      {
        "date": "2025-01-10",
        "close": 275.466949,
        "volume": 3119192,
        "typical_volume": 2473879.7,
        "trend": 325.109654,
        "fair_value": 288.361034,
        "relative_strength": -15.251155,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.063747,
        "energy": 51.693435,
        "activity_lines": [
          278.433258,
          284.182342,
          299.602057,
          311.635394
        ]
      },
      {
        "date": "2025-01-17",
        "close": 284.96579,
        "volume": 1651872,
        "typical_volume": 2468686.8,
        "trend": 322.778154,
        "fair_value": 288.275257,
        "relative_strength": -14.651579,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.61908,
        "energy": 43.444073,
        "activity_lines": [
          279.399803,
          282.956097,
          296.962949,
          309.045468
        ]
      },
      {
        "date": "2025-01-24",
        "close": 282.466095,
        "volume": 2015089,
        "typical_volume": 2496267.45,
        "trend": 321.463055,
        "fair_value": 288.240729,
        "relative_strength": -15.038405,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.930183,
        "energy": 39.640823,
        "activity_lines": [
          280.532998,
          282.093135,
          294.461831,
          306.44469
        ]
      },
      {
        "date": "2025-01-31",
        "close": 289.96521,
        "volume": 1681586,
        "typical_volume": 2515663.5,
        "trend": 319.714765,
        "fair_value": 288.292714,
        "relative_strength": -14.16543,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.375747,
        "energy": 29.447157,
        "activity_lines": [
          283.999251,
          283.029672,
          292.953368,
          304.412571
        ]
      },
      {
        "date": "2025-02-07",
        "close": 281.966156,
        "volume": 1784611,
        "typical_volume": 2224806.95,
        "trend": 317.29994,
        "fair_value": 288.325458,
        "relative_strength": -16.397695,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.046577,
        "energy": 25.817861,
        "activity_lines": [
          284.165896,
          282.729706,
          290.897268,
          301.977177
        ]
      },
      {
        "date": "2025-02-14",
        "close": 272.467316,
        "volume": 1220451,
        "typical_volume": 2119636.55,
        "trend": 314.535163,
        "fair_value": 288.297312,
        "relative_strength": -19.110462,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.423858,
        "energy": 35.892586,
        "activity_lines": [
          280.666321,
          280.829937,
          288.174502,
          299.084749
        ]
      },
      {
        "date": "2025-02-21",
        "close": 276.466797,
        "volume": 1408086,
        "typical_volume": 2062608.55,
        "trend": 312.136051,
        "fair_value": 288.339652,
        "relative_strength": -16.999936,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.503945,
        "energy": 35.124573,
        "activity_lines": [
          278.699882,
          279.784603,
          286.137281,
          296.628726
        ]
      },
      {
        "date": "2025-02-28",
        "close": 269.96759,
        "volume": 2360049,
        "typical_volume": 2024578.85,
        "trend": 309.853576,
        "fair_value": 288.529337,
        "relative_strength": -20.092039,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.856648,
        "energy": 43.853497,
        "activity_lines": [
          275.133641,
          277.984817,
          283.676224,
          293.90818
        ]
      },
      {
        "date": "2025-03-07",
        "close": 280.966278,
        "volume": 2092977,
        "typical_volume": 1970260.1,
        "trend": 307.554455,
        "fair_value": 288.683811,
        "relative_strength": -15.412993,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.570905,
        "energy": 38.037503,
        "activity_lines": [
          276.066862,
          278.366589,
          282.512552,
          292.044483
        ]
      },
      {
        "date": "2025-03-14",
        "close": 272.467316,
        "volume": 2622507,
        "typical_volume": 2030540.35,
        "trend": 304.638759,
        "fair_value": 288.588391,
        "relative_strength": -17.296018,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.84161,
        "energy": 38.241605,
        "activity_lines": [
          274.767025,
          277.194005,
          280.789344,
          289.780797
        ]
      },
      {
        "date": "2025-03-21",
        "close": 274.467072,
        "volume": 1530691,
        "typical_volume": 2035676.9,
        "trend": 301.323135,
        "fair_value": 288.585878,
        "relative_strength": -16.613183,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.268453,
        "energy": 35.590997,
        "activity_lines": [
          274.767029,
          276.421373,
          279.499336,
          287.834236
        ]
      },
      {
        "date": "2025-03-28",
        "close": 256.969177,
        "volume": 2789076,
        "typical_volume": 2102259.95,
        "trend": 297.757525,
        "fair_value": 288.55449,
        "relative_strength": -21.780398,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.208388,
        "energy": 43.673738,
        "activity_lines": [
          268.801084,
          272.485485,
          276.814176,
          284.972691
        ]
      },
      {
        "date": "2025-04-04",
        "close": 198.776154,
        "volume": 4416963,
        "typical_volume": 2092800.45,
        "trend": 293.018681,
        "fair_value": 288.194918,
        "relative_strength": -34.64066,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -92.649967,
        "energy": 85.029528,
        "activity_lines": [
          244.737307,
          258.478076,
          268.93432,
          278.586796
        ]
      },
      {
        "date": "2025-04-11",
        "close": 224.473068,
        "volume": 4024548,
        "typical_volume": 2147466.95,
        "trend": 289.336367,
        "fair_value": 288.038511,
        "relative_strength": -25.127663,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.975621,
        "energy": 81.764628,
        "activity_lines": [
          233.985263,
          250.664469,
          264.01451,
          274.164498
        ]
      },
      {
        "date": "2025-04-18",
        "close": 233.471985,
        "volume": 1520639,
        "typical_volume": 2135632.35,
        "trend": 286.054,
        "fair_value": 287.731564,
        "relative_strength": -24.63717,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.147705,
        "energy": 80.22097,
        "activity_lines": [
          229.999072,
          245.677795,
          260.320667,
          270.560344
        ]
      },
      {
        "date": "2025-04-25",
        "close": 245.470535,
        "volume": 1406197,
        "typical_volume": 2123460.05,
        "trend": 283.021611,
        "fair_value": 287.63928,
        "relative_strength": -21.70556,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.796309,
        "energy": 73.661015,
        "activity_lines": [
          232.612087,
          243.754388,
          258.033798,
          267.942056
        ]
      },
      {
        "date": "2025-05-02",
        "close": 258.968933,
        "volume": 1412413,
        "typical_volume": 2021923.1,
        "trend": 281.072393,
        "fair_value": 287.716815,
        "relative_strength": -18.711258,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.352922,
        "energy": 40.652343,
        "activity_lines": [
          241.65767,
          244.776085,
          257.194376,
          266.390271
        ]
      },
      {
        "date": "2025-05-09",
        "close": 258.968933,
        "volume": 1099555,
        "typical_volume": 1970599.8,
        "trend": 278.956537,
        "fair_value": 287.797554,
        "relative_strength": -17.852952,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.65917,
        "energy": 22.052559,
        "activity_lines": [
          250.569936,
          246.115926,
          256.550168,
          264.964241
        ]
      },
      {
        "date": "2025-05-16",
        "close": 268.467773,
        "volume": 2741620,
        "typical_volume": 2089937.2,
        "trend": 276.790704,
        "fair_value": 287.865502,
        "relative_strength": -15.646764,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.240772,
        "energy": 20.894769,
        "activity_lines": [
          258.63563,
          249.382804,
          256.9106,
          264.287547
        ]
      },
      {
        "date": "2025-05-23",
        "close": 276.466797,
        "volume": 2680312,
        "typical_volume": 2178921.7,
        "trend": 275.224782,
        "fair_value": 287.904639,
        "relative_strength": -12.971321,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -9.857836,
        "energy": 19.331536,
        "activity_lines": [
          266.434685,
          254.331295,
          258.08998,
          264.266649
        ]
      },
      {
        "date": "2025-05-30",
        "close": 288.965332,
        "volume": 1380932,
        "typical_volume": 2092008.7,
        "trend": 273.808857,
        "fair_value": 287.988656,
        "relative_strength": -9.144323,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 27.464033,
        "energy": 29.359734,
        "activity_lines": [
          275.533598,
          261.479529,
          260.450174,
          265.153136
        ]
      },
      {
        "date": "2025-06-06",
        "close": 294.96463,
        "volume": 2178533,
        "typical_volume": 2118341.75,
        "trend": 272.6429,
        "fair_value": 288.220049,
        "relative_strength": -7.5575,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 31.203145,
        "energy": 35.313565,
        "activity_lines": [
          283.732623,
          269.45494,
          263.317451,
          266.518025
        ]
      },
      {
        "date": "2025-06-13",
        "close": 305.963287,
        "volume": 2738937,
        "typical_volume": 2154534.15,
        "trend": 272.626764,
        "fair_value": 288.646882,
        "relative_strength": -3.891306,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.725679,
        "energy": 55.672269,
        "activity_lines": [
          293.198155,
          278.739281,
          267.184607,
          268.667727
        ]
      },
      {
        "date": "2025-06-20",
        "close": 308.962921,
        "volume": 1781427,
        "typical_volume": 2159526.2,
        "trend": 272.860591,
        "fair_value": 289.102554,
        "relative_strength": -1.695805,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 46.032462,
        "energy": 64.402153,
        "activity_lines": [
          300.530607,
          286.620153,
          271.22555,
          271.011996
        ]
      },
      {
        "date": "2025-06-27",
        "close": 388.953308,
        "volume": 7160049,
        "typical_volume": 2428298.1,
        "trend": 276.193523,
        "fair_value": 290.010119,
        "relative_strength": 23.099238,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 95.08954,
        "energy": 90.891639,
        "activity_lines": [
          331.826845,
          307.508552,
          282.79416,
          278.501848
        ]
      },
      {
        "date": "2025-07-04",
        "close": 370.955505,
        "volume": 3007981,
        "typical_volume": 2517674.6,
        "trend": 279.243158,
        "fair_value": 290.699802,
        "relative_strength": 17.064555,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.793132,
        "energy": 93.7235,
        "activity_lines": [
          349.624715,
          322.29769,
          292.139231,
          284.615525
        ]
      },
      {
        "date": "2025-07-11",
        "close": 367.455902,
        "volume": 3485698,
        "typical_volume": 2621555.2,
        "trend": 281.492887,
        "fair_value": 291.293371,
        "relative_strength": 14.540439,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.906598,
        "energy": 90.885319,
        "activity_lines": [
          360.790039,
          334.168992,
          300.682015,
          290.306669
        ]
      },
      {
        "date": "2025-07-18",
        "close": 369.955597,
        "volume": 2867251,
        "typical_volume": 2646915.3,
        "trend": 284.492527,
        "fair_value": 291.691378,
        "relative_strength": 14.815471,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.551966,
        "energy": 89.476588,
        "activity_lines": [
          367.955843,
          344.522293,
          309.029584,
          296.013941
        ]
      },
      {
        "date": "2025-07-25",
        "close": 368.955719,
        "volume": 1577175,
        "typical_volume": 2621125.2,
        "trend": 287.442173,
        "fair_value": 292.041326,
        "relative_strength": 12.992564,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.753098,
        "energy": 86.434799,
        "activity_lines": [
          370.5222,
          352.675859,
          316.805793,
          301.463179
        ]
      },
      {
        "date": "2025-08-01",
        "close": 367.484924,
        "volume": 2518928,
        "typical_volume": 2615946.25,
        "trend": 290.542768,
        "fair_value": 292.413884,
        "relative_strength": 13.237161,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.46487,
        "energy": 67.053156,
        "activity_lines": [
          368.598773,
          358.734955,
          324.022928,
          306.627227
        ]
      },
      {
        "date": "2025-08-08",
        "close": 363.985077,
        "volume": 1583357,
        "typical_volume": 2618579.55,
        "trend": 293.493373,
        "fair_value": 292.712748,
        "relative_strength": 11.994559,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.666468,
        "energy": 59.359544,
        "activity_lines": [
          366.939956,
          362.502839,
          330.454281,
          311.365441
        ]
      },
      {
        "date": "2025-08-15",
        "close": 356.485382,
        "volume": 1337792,
        "typical_volume": 2546015.35,
        "trend": 295.877359,
        "fair_value": 293.05324,
        "relative_strength": 9.421659,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.186127,
        "energy": 48.599541,
        "activity_lines": [
          363.245935,
          363.543147,
          335.7451,
          315.429442
        ]
      },
      {
        "date": "2025-08-22",
        "close": 354.985443,
        "volume": 1163462,
        "typical_volume": 2383340.3,
        "trend": 298.294671,
        "fair_value": 293.585954,
        "relative_strength": 7.222384,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.388477,
        "energy": 41.853031,
        "activity_lines": [
          359.783303,
          363.19218,
          340.419182,
          319.242866
        ]
      },
      {
        "date": "2025-08-29",
        "close": 347.485748,
        "volume": 1264326,
        "typical_volume": 2245329.2,
        "trend": 300.212022,
        "fair_value": 294.131464,
        "relative_strength": 6.814396,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.876888,
        "energy": 34.009025,
        "activity_lines": [
          354.818782,
          360.58632,
          343.635153,
          322.416484
        ]
      },
      {
        "date": "2025-09-05",
        "close": 341.985962,
        "volume": 1955851,
        "typical_volume": 2267089.8,
        "trend": 302.212682,
        "fair_value": 294.478327,
        "relative_strength": 5.144047,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.360263,
        "energy": 24.878036,
        "activity_lines": [
          349.452331,
          356.280084,
          345.74156,
          325.111577
        ]
      },
      {
        "date": "2025-09-12",
        "close": 333.486328,
        "volume": 1867977,
        "typical_volume": 2290178.8,
        "trend": 304.246649,
        "fair_value": 294.975746,
        "relative_strength": 1.954627,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.017579,
        "energy": 21.852018,
        "activity_lines": [
          342.9526,
          351.282412,
          346.521745,
          327.129232
        ]
      },
      {
        "date": "2025-09-19",
        "close": 356.485382,
        "volume": 2175080,
        "typical_volume": 2328312.15,
        "trend": 306.913935,
        "fair_value": 295.71991,
        "relative_strength": 9.872761,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.441037,
        "energy": 21.013918,
        "activity_lines": [
          346.15247,
          351.147643,
          349.073193,
          330.499473
        ]
      },
      {
        "date": "2025-09-26",
        "close": 358.485291,
        "volume": 1348894,
        "typical_volume": 2340779.1,
        "trend": 309.864525,
        "fair_value": 296.454468,
        "relative_strength": 9.788164,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.916235,
        "energy": 24.073523,
        "activity_lines": [
          350.018976,
          351.575959,
          351.350745,
          333.826657
        ]
      },
      {
        "date": "2025-10-03",
        "close": 367.484924,
        "volume": 1736040,
        "typical_volume": 2290500.1,
        "trend": 312.74848,
        "fair_value": 297.211474,
        "relative_strength": 10.072756,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.726676,
        "energy": 35.091667,
        "activity_lines": [
          356.652037,
          353.849122,
          354.011517,
          337.544102
        ]
      },
      {
        "date": "2025-10-10",
        "close": 363.985077,
        "volume": 4235212,
        "typical_volume": 2368245.1,
        "trend": 315.799072,
        "fair_value": 298.022936,
        "relative_strength": 9.78974,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.560844,
        "energy": 39.129384,
        "activity_lines": [
          360.785203,
          355.512691,
          355.86746,
          340.849689
        ]
      },
      {
        "date": "2025-10-17",
        "close": 353.985474,
        "volume": 2132785,
        "typical_volume": 2405837.75,
        "trend": 318.449686,
        "fair_value": 298.735056,
        "relative_strength": 7.726554,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.482756,
        "energy": 32.80903,
        "activity_lines": [
          360.118561,
          355.421785,
          356.354307,
          343.313328
        ]
      },
      {
        "date": "2025-10-24",
        "close": 388.48407,
        "volume": 1762352,
        "typical_volume": 2385028.7,
        "trend": 322.833515,
        "fair_value": 299.639488,
        "relative_strength": 14.591775,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.824233,
        "energy": 52.127778,
        "activity_lines": [
          369.584841,
          361.785161,
          359.817114,
          347.831675
        ]
      },
      {
        "date": "2025-10-31",
        "close": 374.48465,
        "volume": 1735481,
        "typical_volume": 2334855.9,
        "trend": 328.690465,
        "fair_value": 300.450976,
        "relative_strength": 9.767081,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.526475,
        "energy": 42.088972,
        "activity_lines": [
          372.251402,
          365.021394,
          361.501312,
          351.164006
        ]
      },
      {
        "date": "2025-11-07",
        "close": 365.485016,
        "volume": 1524285,
        "typical_volume": 2321998.8,
        "trend": 333.390863,
        "fair_value": 300.993327,
        "relative_strength": 7.697511,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.278213,
        "energy": 37.018793,
        "activity_lines": [
          370.851461,
          366.266798,
          362.002111,
          353.537848
        ]
      },
      {
        "date": "2025-11-14",
        "close": 428.482422,
        "volume": 6179783,
        "typical_volume": 2272985.5,
        "trend": 339.891211,
        "fair_value": 301.93622,
        "relative_strength": 25.629473,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.689237,
        "energy": 71.961232,
        "activity_lines": [
          390.583983,
          378.639017,
          368.233509,
          359.672787
        ]
      },
      {
        "date": "2025-11-21",
        "close": 407.483276,
        "volume": 3488132,
        "typical_volume": 2296993.05,
        "trend": 345.291636,
        "fair_value": 302.657998,
        "relative_strength": 21.051807,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.286693,
        "energy": 65.635586,
        "activity_lines": [
          399.016966,
          385.620547,
          372.276755,
          364.033566
        ]
      },
      {
        "date": "2025-11-28",
        "close": 395.5,
        "volume": 1803394,
        "typical_volume": 2212877.85,
        "trend": 349.842672,
        "fair_value": 303.456748,
        "relative_strength": 14.942078,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.579598,
        "energy": 58.417281,
        "activity_lines": [
          399.889003,
          389.0779,
          375.004795,
          367.272815
        ]
      },
      {
        "date": "2025-12-05",
        "close": 400.5,
        "volume": 3081029,
        "typical_volume": 2223566.75,
        "trend": 354.560374,
        "fair_value": 304.342014,
        "relative_strength": 16.545893,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.869351,
        "energy": 62.724696,
        "activity_lines": [
          401.959979,
          392.734987,
          378.075481,
          370.54103
        ]
      },
      {
        "date": "2025-12-12",
        "close": 403.5,
        "volume": 1514188,
        "typical_volume": 2220417.4,
        "trend": 359.061448,
        "fair_value": 305.387483,
        "relative_strength": 17.277642,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.244015,
        "energy": 42.485005,
        "activity_lines": [
          403.296598,
          396.173625,
          381.286433,
          373.698425
        ]
      },
      {
        "date": "2025-12-19",
        "close": 413.0,
        "volume": 1299851,
        "typical_volume": 2159463.55,
        "trend": 363.612555,
        "fair_value": 306.423363,
        "relative_strength": 16.57983,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.238411,
        "energy": 43.088598,
        "activity_lines": [
          405.265552,
          400.684716,
          385.23765,
          377.178332
        ]
      },
      {
        "date": "2025-12-26",
        "close": 413.5,
        "volume": 567584,
        "typical_volume": 2108674.9,
        "trend": 367.763711,
        "fair_value": 307.468857,
        "relative_strength": 16.568376,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.329763,
        "energy": 43.117384,
        "activity_lines": [
          408.433333,
          404.395536,
          389.019748,
          380.396877
        ]
      },
      {
        "date": "2026-01-02",
        "close": 413.0,
        "volume": 619886,
        "typical_volume": 2072779.6,
        "trend": 371.698223,
        "fair_value": 308.453475,
        "relative_strength": 14.986562,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.457928,
        "energy": 41.908616,
        "activity_lines": [
          411.033333,
          406.933365,
          392.518441,
          383.315347
        ]
      },
      {
        "date": "2026-01-09",
        "close": 434.5,
        "volume": 1978587,
        "typical_volume": 2113535.85,
        "trend": 375.98278,
        "fair_value": 309.559894,
        "relative_strength": 18.299501,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.776531,
        "energy": 54.875287,
        "activity_lines": [
          419.633333,
          412.93454,
          397.795636,
          387.367074
        ]
      },
      {
        "date": "2026-01-16",
        "close": 434.0,
        "volume": 1719024,
        "typical_volume": 2136270.75,
        "trend": 380.150683,
        "fair_value": 310.691944,
        "relative_strength": 16.336654,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.842988,
        "energy": 63.956776,
        "activity_lines": [
          425.8,
          417.753618,
          402.646571,
          391.110121
        ]
      },
      {
        "date": "2026-01-23",
        "close": 465.0,
        "volume": 5751008,
        "typical_volume": 2326028.6,
        "trend": 382.685572,
        "fair_value": 312.05475,
        "relative_strength": 24.943718,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.461203,
        "energy": 75.389415,
        "activity_lines": [
          440.266667,
          426.963332,
          410.037914,
          396.58427
        ]
      },
      {
        "date": "2026-01-30",
        "close": 441.5,
        "volume": 2495682,
        "typical_volume": 2357413.85,
        "trend": 385.037055,
        "fair_value": 313.218856,
        "relative_strength": 17.10115,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.198446,
        "energy": 66.027867,
        "activity_lines": [
          443.433333,
          431.236364,
          414.605381,
          400.37875
        ]
      },
      {
        "date": "2026-02-06",
        "close": 464.5,
        "volume": 2454704,
        "typical_volume": 2371395.05,
        "trend": 388.271859,
        "fair_value": 314.668166,
        "relative_strength": 20.683938,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.487871,
        "energy": 68.823728,
        "activity_lines": [
          452.4,
          439.072727,
          420.848974,
          405.505391
        ]
      },
      {
        "date": "2026-02-13",
        "close": 490.0,
        "volume": 2975350,
        "typical_volume": 2452717.85,
        "trend": 392.273339,
        "fair_value": 316.25851,
        "relative_strength": 25.355687,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.047438,
        "energy": 83.326329,
        "activity_lines": [
          466.433333,
          450.290909,
          429.006782,
          412.068497
        ]
      },
      {
        "date": "2026-02-20",
        "close": 489.5,
        "volume": 1986224,
        "typical_volume": 2465227.05,
        "trend": 396.291482,
        "fair_value": 317.916134,
        "relative_strength": 21.542792,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.619101,
        "energy": 82.800667,
        "activity_lines": [
          476.6,
          459.790909,
          436.490711,
          418.341185
        ]
      },
      {
        "date": "2026-02-27",
        "close": 483.0,
        "volume": 1527704,
        "typical_volume": 2329851.65,
        "trend": 400.141984,
        "fair_value": 319.541704,
        "relative_strength": 16.65887,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.264553,
        "energy": 81.261527,
        "activity_lines": [
          480.9,
          466.545455,
          442.774569,
          423.935283
        ]
      },
      {
        "date": "2026-03-06",
        "close": 457.0,
        "volume": 2520506,
        "typical_volume": 2349237.7,
        "trend": 403.242481,
        "fair_value": 321.131966,
        "relative_strength": 16.383756,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.333468,
        "energy": 63.126576,
        "activity_lines": [
          475.333333,
          467.3,
          446.015498,
          427.603542
        ]
      },
      {
        "date": "2026-03-13",
        "close": 434.5,
        "volume": 2576784,
        "typical_volume": 2389959.3,
        "trend": 405.842969,
        "fair_value": 322.600425,
        "relative_strength": 10.309216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.250551,
        "energy": 37.215089,
        "activity_lines": [
          461.233333,
          463.172727,
          446.623024,
          429.620156
        ]
      },
      {
        "date": "2026-03-20",
        "close": 428.5,
        "volume": 2131483,
        "typical_volume": 2409759.4,
        "trend": 408.293454,
        "fair_value": 324.024014,
        "relative_strength": 11.904445,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 33.84286,
        "energy": 21.798717,
        "activity_lines": [
          447.133333,
          457.563636,
          446.439999,
          431.0819
        ]
      },
      {
        "date": "2026-03-27",
        "close": 445.5,
        "volume": 5699726,
        "typical_volume": 2618531.45,
        "trend": 411.560596,
        "fair_value": 325.495704,
        "relative_strength": 14.911272,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.010977,
        "energy": 22.857928,
        "activity_lines": [
          442.8,
          455.154545,
          447.618805,
          433.482322
        ]
      },
      {
        "date": "2026-04-03",
        "close": 479.0,
        "volume": 1986863,
        "typical_volume": 2408885.45,
        "trend": 416.12773,
        "fair_value": 327.249419,
        "relative_strength": 16.775864,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.838898,
        "energy": 23.149078,
        "activity_lines": [
          452.566667,
          458.627273,
          451.607063,
          437.833252
        ]
      },
      {
        "date": "2026-04-10",
        "close": 535.0,
        "volume": 4977402,
        "typical_volume": 2483348.95,
        "trend": 422.844853,
        "fair_value": 329.323661,
        "relative_strength": 27.022885,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 74.681611,
        "energy": 44.096318,
        "activity_lines": [
          481.266667,
          472.027273,
          460.688095,
          445.50243
        ]
      },
      {
        "date": "2026-04-17",
        "close": 562.0,
        "volume": 6394700,
        "typical_volume": 2712914.25,
        "trend": 429.69534,
        "fair_value": 331.369136,
        "relative_strength": 31.041998,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.542995,
        "energy": 77.038741,
        "activity_lines": [
          513.766667,
          488.636364,
          471.733333,
          454.480182
        ]
      },
      {
        "date": "2026-04-24",
        "close": 577.0,
        "volume": 4883444,
        "typical_volume": 2803035.0,
        "trend": 436.979164,
        "fair_value": 333.430668,
        "relative_strength": 36.553333,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.38581,
        "energy": 89.652237,
        "activity_lines": [
          542.766667,
          506.2,
          483.414286,
          463.983708
        ]
      },
      {
        "date": "2026-05-01",
        "close": 591.0,
        "volume": 6555962,
        "typical_volume": 3055123.7,
        "trend": 444.429666,
        "fair_value": 335.380098,
        "relative_strength": 38.314208,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.047865,
        "energy": 92.896988,
        "activity_lines": [
          566.533333,
          524.727273,
          495.588095,
          473.920536
        ]
      },
      {
        "date": "2026-05-08",
        "close": 651.0,
        "volume": 12159936,
        "typical_volume": 3598127.95,
        "trend": 453.99683,
        "fair_value": 337.807056,
        "relative_strength": 51.940459,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.185984,
        "energy": 96.598225,
        "activity_lines": [
          600.6,
          552.318182,
          512.583333,
          487.247655
        ]
      },
      {
        "date": "2026-05-15",
        "close": 642.0,
        "volume": 6684252,
        "typical_volume": 3903961.35,
        "trend": 463.597314,
        "fair_value": 340.16671,
        "relative_strength": 48.211756,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.55597,
        "energy": 92.807684,
        "activity_lines": [
          620.2,
          575.218182,
          527.588095,
          499.376891
        ]
      },
      {
        "date": "2026-05-22",
        "close": 677.0,
        "volume": 6303547,
        "typical_volume": 4188144.4,
        "trend": 473.214512,
        "fair_value": 342.77315,
        "relative_strength": 50.007797,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.621729,
        "energy": 93.656362,
        "activity_lines": [
          644.333333,
          601.118182,
          544.838095,
          513.144807
        ]
      },
      {
        "date": "2026-05-29",
        "close": 695.0,
        "volume": 3404303,
        "typical_volume": 4259430.2,
        "trend": 483.898357,
        "fair_value": 345.450121,
        "relative_strength": 52.538241,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.60243,
        "energy": 91.56926,
        "activity_lines": [
          666.8,
          625.881818,
          562.545238,
          527.453548
        ]
      },
      {
        "date": "2026-06-05",
        "close": 629.0,
        "volume": 860566,
        "typical_volume": 4216507.3,
        "trend": 492.68219,
        "fair_value": 347.687995,
        "relative_strength": 36.958943,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.506679,
        "energy": 66.613178,
        "activity_lines": [
          659.4,
          633.8,
          572.72619,
          536.814944
        ]
      },
      {
        "date": "2026-06-12",
        "close": 597.0,
        "volume": 1032343,
        "typical_volume": 3980574.05,
        "trend": 498.299443,
        "fair_value": 349.701518,
        "relative_strength": 27.463351,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.197513,
        "energy": 59.152452,
        "activity_lines": [
          638.8,
          632.563636,
          578.930952,
          543.545125
        ]
      },
      {
        "date": "2026-06-19",
        "close": 603.0,
        "volume": 1885343,
        "typical_volume": 3950057.1,
        "trend": 504.816667,
        "fair_value": 351.766318,
        "relative_strength": 28.818532,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.837762,
        "energy": 44.494683,
        "activity_lines": [
          623.8,
          630.272727,
          585.078571,
          550.3
        ]
      },
      {
        "date": "2026-06-26",
        "close": 540.0,
        "volume": 2048770,
        "typical_volume": 3929760.4,
        "trend": 509.633333,
        "fair_value": 353.411252,
        "relative_strength": 13.424367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 29.35968,
        "energy": 27.640105,
        "activity_lines": [
          590.4,
          615.290909,
          584.457143,
          552.569892
        ]
      },
      {
        "date": "2026-07-03",
        "close": 540.0,
        "volume": 710033,
        "typical_volume": 3816494.55,
        "trend": 514.283333,
        "fair_value": 355.078614,
        "relative_strength": 11.205885,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.726515,
        "energy": 28.932832,
        "activity_lines": [
          566.133333,
          600.709091,
          583.47619,
          554.529032
        ]
      },
      {
        "date": "2026-07-10",
        "close": 507.0,
        "volume": 7032659,
        "typical_volume": 4068816.3,
        "trend": 517.733333,
        "fair_value": 356.505601,
        "relative_strength": 5.894739,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.919778,
        "energy": 26.973447,
        "activity_lines": [
          541.2,
          580.8,
          579.114286,
          554.05914
        ]
      },
      {
        "date": "2026-07-17",
        "close": 511.0,
        "volume": 7858425,
        "typical_volume": 4385352.35,
        "trend": 521.0,
        "fair_value": 357.935637,
        "relative_strength": 5.378292,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -11.423187,
        "energy": 33.364585,
        "activity_lines": [
          525.733333,
          563.145455,
          575.05,
          553.624731
        ]
      },
      {
        "date": "2026-07-24",
        "close": 536.0,
        "volume": 9534531,
        "typical_volume": 4736053.6,
        "trend": 525.083333,
        "fair_value": 359.516317,
        "relative_strength": 8.702905,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -22.276586,
        "energy": 34.652987,
        "activity_lines": [
          524.333333,
          552.581818,
          573.233333,
          554.592473
        ]
      },
      {
        "date": "2026-07-31",
        "close": 511.0,
        "volume": 7320460,
        "typical_volume": 4973237.4,
        "trend": 528.35,
        "fair_value": 360.904698,
        "relative_strength": 2.097393,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -27.998358,
        "energy": 35.15334,
        "activity_lines": [
          519.066667,
          539.4,
          568.659524,
          553.683871
        ]
      },
      {
        "date": "2026-08-07",
        "close": 553.0,
        "volume": 3564222,
        "typical_volume": 5044874.35,
        "trend": 532.3,
        "fair_value": 362.430939,
        "relative_strength": 9.663961,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -18.82225,
        "energy": 23.085572,
        "activity_lines": [
          529.733333,
          536.872727,
          567.721429,
          555.274194
        ]
      }
    ],
    "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."
    }
  }
}