{
  "ticker": {
    "uuid": "db711a32-3c16-4a55-be7a-d2a2701c5594",
    "symbol": "MKP",
    "name": "MCAN Mortgage Corporation",
    "exchange": "TOR",
    "country": "CA",
    "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": "^GSPTSE",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3c",
    "phase_label": "Stage 3C \u00b7 Breakdown watch",
    "transition": "stage_3_to_4_watch",
    "transition_label": "Stage 3 \u2192 4 watch",
    "confidence": 96.0,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Structural failure",
    "architecture_gate": "up",
    "architecture_direction": -5.086,
    "architecture_energy": 19.108,
    "architecture_maturity": 36.362,
    "architecture_confidence": 71.661,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating downward.",
        "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion."
      },
      "scores": {
        "balance": 47.59,
        "rotation_up": 20.11,
        "upward_expansion": 59.43,
        "deceleration": 85.49,
        "rotation_down": 43.74,
        "downward_expansion": 23.09
      },
      "activity_lines": [
        24.149333,
        24.727273,
        24.64262,
        24.26412
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.166667
    },
    "latest_close": 22.41,
    "trend_reference": 23.702305,
    "distance_from_trend": -0.054522,
    "trend_direction": "Improving",
    "fair_value": 17.414656,
    "distance_from_fair_value": 0.286847,
    "fair_value_direction": "Weakening",
    "relative_strength": -10.934138,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.000459,
    "excess_performance": -0.119963,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.054522,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.053437,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.286847,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.196192,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.109341,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.151063,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.000459,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.191648,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 538800,
      "relative_activity": 2.274761,
      "balance": 0.191648,
      "dry_up": 1.801592,
      "accumulation_observations": 0,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.041045,
      "annualized_volatility": 0.23347,
      "from_high_reference": -0.160045,
      "from_low_reference": 0.165629
    },
    "levels": {
      "trend_reference": 23.702305,
      "fair_value_reference": 17.414656,
      "structural_low": 21.430618,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 3,
        "median_return": 0.013834,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.041629,
        "regime_survival": 0.0,
        "best_return": 0.04273,
        "worst_return": -0.001868,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.074409,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.019279,
        "regime_survival": 0.0,
        "best_return": 0.128484,
        "worst_return": -0.080983,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.075208,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.065609,
        "regime_survival": 0.0,
        "best_return": 0.091676,
        "worst_return": 0.011207,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.165152,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.056459,
        "regime_survival": 0.0,
        "best_return": 0.349325,
        "worst_return": -0.019021,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-11-10",
        "end": "2023-12-29",
        "tenure": "Developing",
        "return": 0.061917,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-01-05",
        "end": "2024-03-29",
        "tenure": "Established",
        "return": -0.006436,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-04-05",
        "end": "2024-06-07",
        "tenure": "Developing",
        "return": 0.050609,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-06-14",
        "end": "2024-12-27",
        "tenure": "Extended",
        "return": 0.184276,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-04-04",
        "tenure": "Established",
        "return": -0.012803,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-11",
        "end": "2025-05-09",
        "tenure": "Developing",
        "return": 0.102076,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-16",
        "end": "2025-10-17",
        "tenure": "Established",
        "return": 0.127461,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-24",
        "end": "2025-11-07",
        "tenure": "New",
        "return": 0.038713,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-14",
        "end": "2026-03-27",
        "tenure": "Established",
        "return": 0.061954,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-03",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.052791,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-06-05",
        "tenure": "Developing",
        "return": 0.011871,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-12",
        "end": "2026-06-19",
        "tenure": "New",
        "return": 0.019761,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-26",
        "end": "2026-07-31",
        "tenure": "Developing",
        "return": -0.045712,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 12.568595,
        "volume": 64000,
        "typical_volume": 81040.0,
        "trend": 12.086472,
        "fair_value": 10.933871,
        "relative_strength": 8.905012,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.261708,
        "energy": 45.277044,
        "activity_lines": [
          12.649283,
          12.544051,
          12.408893,
          12.254496
        ]
      },
      {
        "date": "2023-08-25",
        "close": 12.560839,
        "volume": 40800,
        "typical_volume": 79320.0,
        "trend": 12.118922,
        "fair_value": 10.966504,
        "relative_strength": 8.531063,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.847815,
        "energy": 34.789138,
        "activity_lines": [
          12.618767,
          12.565069,
          12.439467,
          12.2851
        ]
      },
      {
        "date": "2023-09-01",
        "close": 12.630664,
        "volume": 49500,
        "typical_volume": 77945.0,
        "trend": 12.145792,
        "fair_value": 10.998611,
        "relative_strength": 5.252564,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.656638,
        "energy": 33.146681,
        "activity_lines": [
          12.619802,
          12.597655,
          12.472695,
          12.318116
        ]
      },
      {
        "date": "2023-09-08",
        "close": 12.646179,
        "volume": 66500,
        "typical_volume": 78060.0,
        "trend": 12.169472,
        "fair_value": 11.029807,
        "relative_strength": 7.682241,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.773899,
        "energy": 29.739922,
        "activity_lines": [
          12.625491,
          12.622905,
          12.503217,
          12.350399
        ]
      },
      {
        "date": "2023-09-15",
        "close": 12.931205,
        "volume": 216700,
        "typical_volume": 83960.0,
        "trend": 12.20043,
        "fair_value": 11.062795,
        "relative_strength": 7.017788,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.317907,
        "energy": 39.362152,
        "activity_lines": [
          12.721534,
          12.686718,
          12.55623,
          12.399543
        ]
      },
      {
        "date": "2023-09-22",
        "close": 12.39108,
        "volume": 129600,
        "typical_volume": 84090.0,
        "trend": 12.219066,
        "fair_value": 11.094994,
        "relative_strength": 6.688759,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 37.813729,
        "energy": 24.444285,
        "activity_lines": [
          12.629395,
          12.636,
          12.551322,
          12.411843
        ]
      },
      {
        "date": "2023-09-29",
        "close": 12.017758,
        "volume": 91800,
        "typical_volume": 84505.0,
        "trend": 12.205737,
        "fair_value": 11.123909,
        "relative_strength": 4.590083,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 8.139647,
        "energy": 8.624546,
        "activity_lines": [
          12.42465,
          12.522467,
          12.507201,
          12.398855
        ]
      },
      {
        "date": "2023-10-06",
        "close": 12.105133,
        "volume": 71800,
        "typical_volume": 83825.0,
        "trend": 12.210888,
        "fair_value": 11.154739,
        "relative_strength": 6.714938,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 0.017238,
        "energy": 13.341974,
        "activity_lines": [
          12.285235,
          12.436951,
          12.47227,
          12.392365
        ]
      },
      {
        "date": "2023-10-13",
        "close": 12.200449,
        "volume": 26000,
        "typical_volume": 83255.0,
        "trend": 12.235188,
        "fair_value": 11.186001,
        "relative_strength": 6.10919,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.46448,
        "energy": 26.7803,
        "activity_lines": [
          12.212628,
          12.37818,
          12.448167,
          12.391691
        ]
      },
      {
        "date": "2023-10-20",
        "close": 12.057474,
        "volume": 47700,
        "typical_volume": 83560.0,
        "trend": 12.257251,
        "fair_value": 11.21542,
        "relative_strength": 6.503778,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.90905,
        "energy": 38.630432,
        "activity_lines": [
          12.122077,
          12.300248,
          12.410914,
          12.380226
        ]
      },
      {
        "date": "2023-10-27",
        "close": 11.922443,
        "volume": 48200,
        "typical_volume": 81690.0,
        "trend": 12.275319,
        "fair_value": 11.244472,
        "relative_strength": 7.16907,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.803723,
        "energy": 49.2681,
        "activity_lines": [
          12.044765,
          12.211431,
          12.36278,
          12.358625
        ]
      },
      {
        "date": "2023-11-03",
        "close": 12.684971,
        "volume": 115700,
        "typical_volume": 83525.0,
        "trend": 12.307424,
        "fair_value": 11.277415,
        "relative_strength": 7.420831,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 2.466802,
        "energy": 8.788707,
        "activity_lines": [
          12.252872,
          12.273003,
          12.390322,
          12.385054
        ]
      },
      {
        "date": "2023-11-10",
        "close": 12.168675,
        "volume": 66100,
        "typical_volume": 83075.0,
        "trend": 12.321308,
        "fair_value": 11.301415,
        "relative_strength": 3.70051,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -16.254932,
        "energy": 12.12174,
        "activity_lines": [
          12.244399,
          12.238447,
          12.367806,
          12.376103
        ]
      },
      {
        "date": "2023-11-17",
        "close": 12.224277,
        "volume": 73600,
        "typical_volume": 80945.0,
        "trend": 12.339827,
        "fair_value": 11.323455,
        "relative_strength": 1.354087,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -9.209662,
        "energy": 6.653016,
        "activity_lines": [
          12.250224,
          12.2224,
          12.350126,
          12.369843
        ]
      },
      {
        "date": "2023-11-24",
        "close": 12.295764,
        "volume": 35600,
        "typical_volume": 79605.0,
        "trend": 12.364016,
        "fair_value": 11.342888,
        "relative_strength": 2.231785,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -4.789048,
        "energy": 8.584643,
        "activity_lines": [
          12.278289,
          12.227021,
          12.33779,
          12.367
        ]
      },
      {
        "date": "2023-12-01",
        "close": 12.454625,
        "volume": 50700,
        "typical_volume": 76585.0,
        "trend": 12.391731,
        "fair_value": 11.364943,
        "relative_strength": 1.542127,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.248233,
        "energy": 10.994533,
        "activity_lines": [
          12.343422,
          12.27208,
          12.339334,
          12.372846
        ]
      },
      {
        "date": "2023-12-08",
        "close": 12.534054,
        "volume": 65700,
        "typical_volume": 74730.0,
        "trend": 12.402873,
        "fair_value": 11.387401,
        "relative_strength": 2.562257,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.366624,
        "energy": 10.656185,
        "activity_lines": [
          12.399553,
          12.330424,
          12.349465,
          12.382028
        ]
      },
      {
        "date": "2023-12-15",
        "close": 12.743217,
        "volume": 136300,
        "typical_volume": 79105.0,
        "trend": 12.411883,
        "fair_value": 11.413165,
        "relative_strength": 3.057147,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 20.01863,
        "energy": 18.240274,
        "activity_lines": [
          12.535465,
          12.417412,
          12.380236,
          12.403986
        ]
      },
      {
        "date": "2023-12-22",
        "close": 12.702556,
        "volume": 126300,
        "typical_volume": 81330.0,
        "trend": 12.425354,
        "fair_value": 11.438596,
        "relative_strength": 0.800105,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 20.022114,
        "energy": 27.627385,
        "activity_lines": [
          12.619522,
          12.485405,
          12.406561,
          12.422739
        ]
      },
      {
        "date": "2023-12-29",
        "close": 12.922127,
        "volume": 49400,
        "typical_volume": 78600.0,
        "trend": 12.440328,
        "fair_value": 11.464014,
        "relative_strength": 2.025289,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 57.543908,
        "energy": 54.577981,
        "activity_lines": [
          12.744883,
          12.58419,
          12.453196,
          12.454788
        ]
      },
      {
        "date": "2024-01-05",
        "close": 13.182359,
        "volume": 88800,
        "typical_volume": 79840.0,
        "trend": 12.460941,
        "fair_value": 11.491247,
        "relative_strength": 3.923768,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.95501,
        "energy": 70.725658,
        "activity_lines": [
          12.915231,
          12.71457,
          12.524078,
          12.502661
        ]
      },
      {
        "date": "2024-01-12",
        "close": 12.930259,
        "volume": 199000,
        "typical_volume": 87750.0,
        "trend": 12.475324,
        "fair_value": 11.516426,
        "relative_strength": 1.492266,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.029258,
        "energy": 64.554764,
        "activity_lines": [
          12.953029,
          12.776206,
          12.568027,
          12.53294
        ]
      },
      {
        "date": "2024-01-19",
        "close": 12.954655,
        "volume": 140400,
        "typical_volume": 92295.0,
        "trend": 12.504744,
        "fair_value": 11.541252,
        "relative_strength": 1.899714,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.660741,
        "energy": 61.929543,
        "activity_lines": [
          12.972547,
          12.837817,
          12.61254,
          12.563865
        ]
      },
      {
        "date": "2024-01-26",
        "close": 13.271811,
        "volume": 195200,
        "typical_volume": 98730.0,
        "trend": 12.549908,
        "fair_value": 11.569603,
        "relative_strength": 3.088688,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.525232,
        "energy": 65.193843,
        "activity_lines": [
          13.083686,
          12.942803,
          12.685716,
          12.613353
        ]
      },
      {
        "date": "2024-02-02",
        "close": 13.101035,
        "volume": 75600,
        "typical_volume": 91675.0,
        "trend": 12.5855,
        "fair_value": 11.595477,
        "relative_strength": 1.790111,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.66508,
        "energy": 53.010532,
        "activity_lines": [
          13.099951,
          12.997693,
          12.739649,
          12.64891
        ]
      },
      {
        "date": "2024-02-09",
        "close": 13.125431,
        "volume": 93900,
        "typical_volume": 89890.0,
        "trend": 12.600699,
        "fair_value": 11.621616,
        "relative_strength": 2.199091,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.537155,
        "energy": 51.436066,
        "activity_lines": [
          13.11242,
          13.042377,
          12.795096,
          12.683744
        ]
      },
      {
        "date": "2024-02-16",
        "close": 13.532044,
        "volume": 234700,
        "typical_volume": 97035.0,
        "trend": 12.628935,
        "fair_value": 11.650143,
        "relative_strength": 3.976962,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.78983,
        "energy": 68.718187,
        "activity_lines": [
          13.264222,
          13.148794,
          12.885771,
          12.743831
        ]
      },
      {
        "date": "2024-02-23",
        "close": 13.686555,
        "volume": 118500,
        "typical_volume": 99370.0,
        "trend": 12.66439,
        "fair_value": 11.675802,
        "relative_strength": 4.213504,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.541838,
        "energy": 74.608162,
        "activity_lines": [
          13.427408,
          13.265158,
          12.983951,
          12.812064
        ]
      },
      {
        "date": "2024-03-01",
        "close": 13.548308,
        "volume": 143000,
        "typical_volume": 105220.0,
        "trend": 12.696788,
        "fair_value": 11.698608,
        "relative_strength": 2.413368,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.373402,
        "energy": 69.20016,
        "activity_lines": [
          13.495719,
          13.339235,
          13.061434,
          12.869091
        ]
      },
      {
        "date": "2024-03-08",
        "close": 13.564571,
        "volume": 106200,
        "typical_volume": 108145.0,
        "trend": 12.72197,
        "fair_value": 11.720306,
        "relative_strength": 1.600521,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.292652,
        "energy": 68.552791,
        "activity_lines": [
          13.551018,
          13.400892,
          13.134047,
          12.925077
        ]
      },
      {
        "date": "2024-03-15",
        "close": 13.572123,
        "volume": 173600,
        "typical_volume": 114415.0,
        "trend": 12.755421,
        "fair_value": 11.74264,
        "relative_strength": 1.044101,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.461885,
        "energy": 59.18494,
        "activity_lines": [
          13.577932,
          13.452241,
          13.200203,
          12.979926
        ]
      },
      {
        "date": "2024-03-22",
        "close": 13.064207,
        "volume": 723600,
        "typical_volume": 144810.0,
        "trend": 12.7722,
        "fair_value": 11.762655,
        "relative_strength": -3.364119,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.775706,
        "energy": 36.965173,
        "activity_lines": [
          13.405761,
          13.404156,
          13.21013,
          12.999847
        ]
      },
      {
        "date": "2024-03-29",
        "close": 13.097516,
        "volume": 212800,
        "typical_volume": 152145.0,
        "trend": 12.787762,
        "fair_value": 11.782767,
        "relative_strength": -3.991163,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.394441,
        "energy": 22.729093,
        "activity_lines": [
          13.275882,
          13.35969,
          13.221424,
          13.020835
        ]
      },
      {
        "date": "2024-04-05",
        "close": 12.997597,
        "volume": 124300,
        "typical_volume": 154680.0,
        "trend": 12.799476,
        "fair_value": 11.799776,
        "relative_strength": -5.150487,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.606984,
        "energy": 20.662444,
        "activity_lines": [
          13.151966,
          13.294461,
          13.218778,
          13.034373
        ]
      },
      {
        "date": "2024-04-12",
        "close": 12.906007,
        "volume": 108000,
        "typical_volume": 158300.0,
        "trend": 12.798636,
        "fair_value": 11.815845,
        "relative_strength": -4.306366,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.720396,
        "energy": 20.32605,
        "activity_lines": [
          13.034234,
          13.217564,
          13.203727,
          13.041246
        ]
      },
      {
        "date": "2024-04-19",
        "close": 12.964292,
        "volume": 103800,
        "typical_volume": 160955.0,
        "trend": 12.817743,
        "fair_value": 11.829121,
        "relative_strength": -3.558182,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.488179,
        "energy": 17.364029,
        "activity_lines": [
          12.979835,
          13.154811,
          13.191321,
          13.051934
        ]
      },
      {
        "date": "2024-04-26",
        "close": 13.205758,
        "volume": 109900,
        "typical_volume": 163165.0,
        "trend": 12.857343,
        "fair_value": 11.844571,
        "relative_strength": -2.608291,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.085575,
        "energy": 14.363875,
        "activity_lines": [
          13.046446,
          13.13889,
          13.199485,
          13.076967
        ]
      },
      {
        "date": "2024-05-03",
        "close": 13.155801,
        "volume": 86700,
        "typical_volume": 160685.0,
        "trend": 12.892365,
        "fair_value": 11.858527,
        "relative_strength": -2.98192,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.561657,
        "energy": 10.219413,
        "activity_lines": [
          13.086968,
          13.119819,
          13.199693,
          13.096222
        ]
      },
      {
        "date": "2024-05-10",
        "close": 13.039229,
        "volume": 244300,
        "typical_volume": 166585.0,
        "trend": 12.920325,
        "fair_value": 11.871932,
        "relative_strength": -5.361561,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.272664,
        "energy": 5.744266,
        "activity_lines": [
          13.084748,
          13.089202,
          13.186834,
          13.105697
        ]
      },
      {
        "date": "2024-05-17",
        "close": 13.36396,
        "volume": 170400,
        "typical_volume": 172635.0,
        "trend": 12.963874,
        "fair_value": 11.890585,
        "relative_strength": -3.626295,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.703317,
        "energy": 20.434829,
        "activity_lines": [
          13.187995,
          13.126884,
          13.203298,
          13.134319
        ]
      },
      {
        "date": "2024-05-24",
        "close": 13.239065,
        "volume": 166500,
        "typical_volume": 176520.0,
        "trend": 13.007762,
        "fair_value": 11.906913,
        "relative_strength": -3.836226,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.276179,
        "energy": 18.211969,
        "activity_lines": [
          13.219081,
          13.145505,
          13.205764,
          13.152073
        ]
      },
      {
        "date": "2024-05-31",
        "close": 13.447226,
        "volume": 106100,
        "typical_volume": 171875.0,
        "trend": 13.03317,
        "fair_value": 11.923128,
        "relative_strength": -2.038894,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 47.010592,
        "energy": 30.095436,
        "activity_lines": [
          13.301235,
          13.20803,
          13.227784,
          13.180426
        ]
      },
      {
        "date": "2024-06-07",
        "close": 13.655386,
        "volume": 186500,
        "typical_volume": 174180.0,
        "trend": 13.082727,
        "fair_value": 11.940913,
        "relative_strength": 0.697165,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 66.026596,
        "energy": 54.648174,
        "activity_lines": [
          13.436679,
          13.301437,
          13.267168,
          13.220569
        ]
      },
      {
        "date": "2024-06-14",
        "close": 13.632247,
        "volume": 230800,
        "typical_volume": 175960.0,
        "trend": 13.12966,
        "fair_value": 11.959306,
        "relative_strength": 2.222016,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.477682,
        "energy": 61.221079,
        "activity_lines": [
          13.531103,
          13.380494,
          13.301011,
          13.256021
        ]
      },
      {
        "date": "2024-06-21",
        "close": 13.393384,
        "volume": 136900,
        "typical_volume": 179025.0,
        "trend": 13.166247,
        "fair_value": 11.976567,
        "relative_strength": 0.824228,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.303987,
        "energy": 58.871174,
        "activity_lines": [
          13.506372,
          13.404583,
          13.310388,
          13.273036
        ]
      },
      {
        "date": "2024-06-28",
        "close": 13.734617,
        "volume": 99300,
        "typical_volume": 179295.0,
        "trend": 13.208913,
        "fair_value": 11.996135,
        "relative_strength": 1.760116,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.014812,
        "energy": 64.726741,
        "activity_lines": [
          13.593424,
          13.481852,
          13.350872,
          13.309705
        ]
      },
      {
        "date": "2024-07-05",
        "close": 13.836986,
        "volume": 93300,
        "typical_volume": 172225.0,
        "trend": 13.252344,
        "fair_value": 12.01592,
        "relative_strength": 1.602297,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.002094,
        "energy": 64.68317,
        "activity_lines": [
          13.681562,
          13.563728,
          13.398205,
          13.350226
        ]
      },
      {
        "date": "2024-07-12",
        "close": 14.203811,
        "volume": 168300,
        "typical_volume": 174715.0,
        "trend": 13.301031,
        "fair_value": 12.038376,
        "relative_strength": 1.465481,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.410139,
        "energy": 75.766389,
        "activity_lines": [
          13.865991,
          13.700823,
          13.479021,
          13.411611
        ]
      },
      {
        "date": "2024-07-19",
        "close": 14.28912,
        "volume": 209700,
        "typical_volume": 178050.0,
        "trend": 13.353916,
        "fair_value": 12.061299,
        "relative_strength": 1.959499,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.817926,
        "energy": 84.260141,
        "activity_lines": [
          14.042295,
          13.834374,
          13.565499,
          13.475358
        ]
      },
      {
        "date": "2024-07-26",
        "close": 14.400022,
        "volume": 114000,
        "typical_volume": 178440.0,
        "trend": 13.403179,
        "fair_value": 12.084973,
        "relative_strength": 2.139689,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.801995,
        "energy": 88.076893,
        "activity_lines": [
          14.211774,
          13.965363,
          13.659011,
          13.542849
        ]
      },
      {
        "date": "2024-08-02",
        "close": 14.59623,
        "volume": 173500,
        "typical_volume": 178435.0,
        "trend": 13.450308,
        "fair_value": 12.110462,
        "relative_strength": 6.150215,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.022498,
        "energy": 91.894052,
        "activity_lines": [
          14.379547,
          14.113189,
          13.767231,
          13.61982
        ]
      },
      {
        "date": "2024-08-09",
        "close": 14.331774,
        "volume": 128300,
        "typical_volume": 148670.0,
        "trend": 13.497026,
        "fair_value": 12.131985,
        "relative_strength": 3.788566,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.622357,
        "energy": 80.555343,
        "activity_lines": [
          14.401727,
          14.188257,
          13.845388,
          13.676689
        ]
      },
      {
        "date": "2024-08-16",
        "close": 14.903337,
        "volume": 141300,
        "typical_volume": 145095.0,
        "trend": 13.561982,
        "fair_value": 12.156294,
        "relative_strength": 4.408326,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.610566,
        "energy": 85.611328,
        "activity_lines": [
          14.581442,
          14.351162,
          13.971944,
          13.767419
        ]
      },
      {
        "date": "2024-08-23",
        "close": 14.79244,
        "volume": 97700,
        "typical_volume": 143765.0,
        "trend": 13.612669,
        "fair_value": 12.179454,
        "relative_strength": 2.594763,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.667663,
        "energy": 71.617928,
        "activity_lines": [
          14.677557,
          14.471214,
          14.079339,
          13.846803
        ]
      },
      {
        "date": "2024-08-30",
        "close": 14.945995,
        "volume": 143400,
        "typical_volume": 145535.0,
        "trend": 13.674168,
        "fair_value": 12.20057,
        "relative_strength": 3.311344,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.028083,
        "energy": 67.812952,
        "activity_lines": [
          14.791302,
          14.598091,
          14.192811,
          13.932824
        ]
      },
      {
        "date": "2024-09-06",
        "close": 14.971586,
        "volume": 150400,
        "typical_volume": 147865.0,
        "trend": 13.735706,
        "fair_value": 12.22153,
        "relative_strength": 5.964388,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.020078,
        "energy": 79.054452,
        "activity_lines": [
          14.877179,
          14.701392,
          14.299007,
          14.016529
        ]
      },
      {
        "date": "2024-09-13",
        "close": 15.336531,
        "volume": 445700,
        "typical_volume": 164655.0,
        "trend": 13.795856,
        "fair_value": 12.245076,
        "relative_strength": 4.844457,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.425143,
        "energy": 81.134726,
        "activity_lines": [
          15.05968,
          14.848556,
          14.4304,
          14.119808
        ]
      },
      {
        "date": "2024-09-20",
        "close": 15.606817,
        "volume": 292400,
        "typical_volume": 174940.0,
        "trend": 13.859865,
        "fair_value": 12.270761,
        "relative_strength": 5.267406,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.542693,
        "energy": 87.328844,
        "activity_lines": [
          15.265293,
          15.017598,
          14.577389,
          14.236644
        ]
      },
      {
        "date": "2024-09-27",
        "close": 15.545782,
        "volume": 165800,
        "typical_volume": 171015.0,
        "trend": 13.926447,
        "fair_value": 12.297354,
        "relative_strength": 4.354861,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.295476,
        "energy": 84.675625,
        "activity_lines": [
          15.403663,
          15.150034,
          14.706893,
          14.345413
        ]
      },
      {
        "date": "2024-10-04",
        "close": 15.850946,
        "volume": 239500,
        "typical_volume": 174470.0,
        "trend": 14.00266,
        "fair_value": 12.325374,
        "relative_strength": 5.408058,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.349541,
        "energy": 88.508315,
        "activity_lines": [
          15.59353,
          15.315105,
          14.853525,
          14.469574
        ]
      },
      {
        "date": "2024-10-11",
        "close": 16.025324,
        "volume": 311200,
        "typical_volume": 181705.0,
        "trend": 14.084433,
        "fair_value": 12.352849,
        "relative_strength": 5.133656,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.229315,
        "energy": 90.210482,
        "activity_lines": [
          15.781194,
          15.485502,
          15.004921,
          14.600068
        ]
      },
      {
        "date": "2024-10-18",
        "close": 16.269451,
        "volume": 339100,
        "typical_volume": 193355.0,
        "trend": 14.191275,
        "fair_value": 12.38266,
        "relative_strength": 5.144603,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.687188,
        "energy": 88.331442,
        "activity_lines": [
          15.979985,
          15.674301,
          15.166299,
          14.741037
        ]
      },
      {
        "date": "2024-10-25",
        "close": 16.217138,
        "volume": 190400,
        "typical_volume": 193550.0,
        "trend": 14.295262,
        "fair_value": 12.412297,
        "relative_strength": 6.256437,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.955757,
        "energy": 80.599772,
        "activity_lines": [
          16.099143,
          15.818359,
          15.309256,
          14.871738
        ]
      },
      {
        "date": "2024-11-01",
        "close": 15.781196,
        "volume": 130900,
        "typical_volume": 188555.0,
        "trend": 14.388049,
        "fair_value": 12.436827,
        "relative_strength": 4.254289,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.018195,
        "energy": 65.644144,
        "activity_lines": [
          16.032299,
          15.859267,
          15.398496,
          14.967605
        ]
      },
      {
        "date": "2024-11-08",
        "close": 16.060196,
        "volume": 175900,
        "typical_volume": 190505.0,
        "trend": 14.493188,
        "fair_value": 12.463308,
        "relative_strength": 3.842394,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.363541,
        "energy": 64.54167,
        "activity_lines": [
          16.04276,
          15.932925,
          15.504074,
          15.075485
        ]
      },
      {
        "date": "2024-11-15",
        "close": 17.106462,
        "volume": 420400,
        "typical_volume": 206560.0,
        "trend": 14.631261,
        "fair_value": 12.497834,
        "relative_strength": 9.74896,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.709647,
        "energy": 73.245943,
        "activity_lines": [
          16.388027,
          16.176555,
          15.696598,
          15.244083
        ]
      },
      {
        "date": "2024-11-22",
        "close": 17.089025,
        "volume": 166100,
        "typical_volume": 210200.0,
        "trend": 14.760703,
        "fair_value": 12.535415,
        "relative_strength": 7.054452,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.013316,
        "energy": 72.328627,
        "activity_lines": [
          16.655406,
          16.378199,
          15.871404,
          15.402649
        ]
      },
      {
        "date": "2024-11-29",
        "close": 17.1675,
        "volume": 252300,
        "typical_volume": 214400.0,
        "trend": 14.894426,
        "fair_value": 12.576137,
        "relative_strength": 6.494719,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.501198,
        "energy": 83.104047,
        "activity_lines": [
          16.894305,
          16.562247,
          16.038199,
          15.557926
        ]
      },
      {
        "date": "2024-12-06",
        "close": 17.115181,
        "volume": 290500,
        "typical_volume": 218440.0,
        "trend": 15.030291,
        "fair_value": 12.614008,
        "relative_strength": 5.828276,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.023735,
        "energy": 83.529383,
        "activity_lines": [
          17.052407,
          16.708407,
          16.185897,
          15.701201
        ]
      },
      {
        "date": "2024-12-13",
        "close": 16.55374,
        "volume": 427400,
        "typical_volume": 234110.0,
        "trend": 15.136617,
        "fair_value": 12.649865,
        "relative_strength": 3.938841,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.559386,
        "energy": 64.485876,
        "activity_lines": [
          16.934429,
          16.723952,
          16.266668,
          15.799488
        ]
      },
      {
        "date": "2024-12-20",
        "close": 15.886247,
        "volume": 492200,
        "typical_volume": 250045.0,
        "trend": 15.224857,
        "fair_value": 12.681941,
        "relative_strength": 2.366906,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.310961,
        "energy": 42.69989,
        "activity_lines": [
          16.561051,
          16.605357,
          16.273612,
          15.847851
        ]
      },
      {
        "date": "2024-12-27",
        "close": 16.144342,
        "volume": 65000,
        "typical_volume": 246880.0,
        "trend": 15.31476,
        "fair_value": 12.714098,
        "relative_strength": 3.095464,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.807679,
        "energy": 25.269828,
        "activity_lines": [
          16.355052,
          16.536217,
          16.298994,
          15.907173
        ]
      },
      {
        "date": "2025-01-03",
        "close": 16.571537,
        "volume": 187000,
        "typical_volume": 249165.0,
        "trend": 15.411965,
        "fair_value": 12.747295,
        "relative_strength": 4.554259,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.459749,
        "energy": 27.356898,
        "activity_lines": [
          16.35443,
          16.547023,
          16.35643,
          15.988255
        ]
      },
      {
        "date": "2025-01-10",
        "close": 15.975245,
        "volume": 295200,
        "typical_volume": 259040.0,
        "trend": 15.490065,
        "fair_value": 12.776464,
        "relative_strength": 1.94664,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.035609,
        "energy": 24.166596,
        "activity_lines": [
          16.194776,
          16.442969,
          16.349132,
          16.024596
        ]
      },
      {
        "date": "2025-01-17",
        "close": 16.31344,
        "volume": 236700,
        "typical_volume": 263705.0,
        "trend": 15.587401,
        "fair_value": 12.808297,
        "relative_strength": 2.760924,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.282651,
        "energy": 17.45034,
        "activity_lines": [
          16.223848,
          16.396877,
          16.368411,
          16.077716
        ]
      },
      {
        "date": "2025-01-24",
        "close": 16.633837,
        "volume": 157800,
        "typical_volume": 264075.0,
        "trend": 15.684041,
        "fair_value": 12.843385,
        "relative_strength": 3.053228,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.537533,
        "energy": 18.173579,
        "activity_lines": [
          16.37574,
          16.404434,
          16.411692,
          16.145229
        ]
      },
      {
        "date": "2025-01-31",
        "close": 16.544838,
        "volume": 147800,
        "typical_volume": 249180.0,
        "trend": 15.774303,
        "fair_value": 12.875873,
        "relative_strength": 2.159944,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.333401,
        "energy": 20.249264,
        "activity_lines": [
          16.448126,
          16.404403,
          16.438582,
          16.200764
        ]
      },
      {
        "date": "2025-02-07",
        "close": 16.473639,
        "volume": 204000,
        "typical_volume": 244760.0,
        "trend": 15.849964,
        "fair_value": 12.906705,
        "relative_strength": 2.010592,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.800086,
        "energy": 22.680202,
        "activity_lines": [
          16.470079,
          16.401321,
          16.452937,
          16.245882
        ]
      },
      {
        "date": "2025-02-14",
        "close": 16.509237,
        "volume": 108900,
        "typical_volume": 241915.0,
        "trend": 15.923968,
        "fair_value": 12.937971,
        "relative_strength": 2.034694,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.359584,
        "energy": 24.396053,
        "activity_lines": [
          16.510425,
          16.417326,
          16.466554,
          16.288416
        ]
      },
      {
        "date": "2025-02-21",
        "close": 16.135443,
        "volume": 157500,
        "typical_volume": 237815.0,
        "trend": 15.981815,
        "fair_value": 12.963488,
        "relative_strength": 1.050135,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.119845,
        "energy": 12.919811,
        "activity_lines": [
          16.390573,
          16.376387,
          16.439984,
          16.30206
        ]
      },
      {
        "date": "2025-02-28",
        "close": 16.696135,
        "volume": 270800,
        "typical_volume": 235795.0,
        "trend": 16.051812,
        "fair_value": 12.990488,
        "relative_strength": 3.456064,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.06398,
        "energy": 19.924324,
        "activity_lines": [
          16.469485,
          16.444997,
          16.465459,
          16.348145
        ]
      },
      {
        "date": "2025-03-07",
        "close": 16.856331,
        "volume": 247900,
        "typical_volume": 231235.0,
        "trend": 16.135964,
        "fair_value": 13.018722,
        "relative_strength": 6.942457,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.432194,
        "energy": 27.635986,
        "activity_lines": [
          16.597642,
          16.528008,
          16.502996,
          16.400049
        ]
      },
      {
        "date": "2025-03-14",
        "close": 16.386679,
        "volume": 263500,
        "typical_volume": 234890.0,
        "trend": 16.185409,
        "fair_value": 13.043621,
        "relative_strength": 4.686365,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.074287,
        "energy": 19.438508,
        "activity_lines": [
          16.548483,
          16.512683,
          16.49301,
          16.416224
        ]
      },
      {
        "date": "2025-03-21",
        "close": 16.814552,
        "volume": 372100,
        "typical_volume": 246950.0,
        "trend": 16.252812,
        "fair_value": 13.072684,
        "relative_strength": 5.382302,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 51.207527,
        "energy": 31.501001,
        "activity_lines": [
          16.647745,
          16.578514,
          16.522966,
          16.456814
        ]
      },
      {
        "date": "2025-03-28",
        "close": 16.632483,
        "volume": 104200,
        "typical_volume": 243365.0,
        "trend": 16.309029,
        "fair_value": 13.100714,
        "relative_strength": 4.867068,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 43.958388,
        "energy": 28.175225,
        "activity_lines": [
          16.665964,
          16.595981,
          16.530661,
          16.481309
        ]
      },
      {
        "date": "2025-04-04",
        "close": 16.359364,
        "volume": 286900,
        "typical_volume": 236690.0,
        "trend": 16.355288,
        "fair_value": 13.127081,
        "relative_strength": 9.707621,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.826648,
        "energy": 14.232556,
        "activity_lines": [
          16.560006,
          16.557989,
          16.50962,
          16.484557
        ]
      },
      {
        "date": "2025-04-11",
        "close": 15.785834,
        "volume": 381900,
        "typical_volume": 247480.0,
        "trend": 16.370265,
        "fair_value": 13.150305,
        "relative_strength": 3.843612,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -31.13696,
        "energy": 18.668788,
        "activity_lines": [
          16.285324,
          16.42071,
          16.437515,
          16.447818
        ]
      },
      {
        "date": "2025-04-18",
        "close": 16.677998,
        "volume": 110100,
        "typical_volume": 240370.0,
        "trend": 16.405971,
        "fair_value": 13.178893,
        "relative_strength": 6.666865,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 2.506767,
        "energy": 6.839945,
        "activity_lines": [
          16.379396,
          16.459443,
          16.456583,
          16.467671
        ]
      },
      {
        "date": "2025-04-25",
        "close": 16.996626,
        "volume": 233600,
        "typical_volume": 237525.0,
        "trend": 16.454332,
        "fair_value": 13.209123,
        "relative_strength": 6.153337,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 51.970931,
        "energy": 20.499394,
        "activity_lines": [
          16.560256,
          16.552392,
          16.508328,
          16.505778
        ]
      },
      {
        "date": "2025-05-02",
        "close": 17.333464,
        "volume": 147400,
        "typical_volume": 223525.0,
        "trend": 16.503749,
        "fair_value": 13.242135,
        "relative_strength": 6.574511,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 60.1585,
        "energy": 41.153662,
        "activity_lines": [
          16.841257,
          16.697722,
          16.592718,
          16.562496
        ]
      },
      {
        "date": "2025-05-09",
        "close": 17.397192,
        "volume": 227100,
        "typical_volume": 210270.0,
        "trend": 16.549478,
        "fair_value": 13.276488,
        "relative_strength": 5.273813,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 64.085817,
        "energy": 59.488287,
        "activity_lines": [
          17.096768,
          16.832858,
          16.679463,
          16.620138
        ]
      },
      {
        "date": "2025-05-16",
        "close": 17.606577,
        "volume": 190900,
        "typical_volume": 216565.0,
        "trend": 16.594049,
        "fair_value": 13.310806,
        "relative_strength": 3.767022,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.706463,
        "energy": 70.146713,
        "activity_lines": [
          17.352886,
          16.993317,
          16.778955,
          16.688338
        ]
      },
      {
        "date": "2025-05-23",
        "close": 17.306152,
        "volume": 105200,
        "typical_volume": 212475.0,
        "trend": 16.63035,
        "fair_value": 13.341732,
        "relative_strength": 2.131381,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.891882,
        "energy": 66.676121,
        "activity_lines": [
          17.38748,
          17.085513,
          16.842872,
          16.73428
        ]
      },
      {
        "date": "2025-05-30",
        "close": 17.943413,
        "volume": 152100,
        "typical_volume": 205320.0,
        "trend": 16.702424,
        "fair_value": 13.37661,
        "relative_strength": 4.447788,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.355668,
        "energy": 72.825234,
        "activity_lines": [
          17.592617,
          17.276856,
          16.963983,
          16.818994
        ]
      },
      {
        "date": "2025-06-06",
        "close": 17.688507,
        "volume": 304900,
        "typical_volume": 208730.0,
        "trend": 16.756701,
        "fair_value": 13.409899,
        "relative_strength": 1.828902,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.568229,
        "energy": 65.262282,
        "activity_lines": [
          17.649666,
          17.401328,
          17.051444,
          16.882612
        ]
      },
      {
        "date": "2025-06-13",
        "close": 17.786707,
        "volume": 305400,
        "typical_volume": 216110.0,
        "trend": 16.779376,
        "fair_value": 13.449757,
        "relative_strength": 1.980665,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.558081,
        "energy": 58.342439,
        "activity_lines": [
          17.715779,
          17.524454,
          17.14171,
          16.949064
        ]
      },
      {
        "date": "2025-06-20",
        "close": 17.916878,
        "volume": 181400,
        "typical_volume": 217790.0,
        "trend": 16.806971,
        "fair_value": 13.488454,
        "relative_strength": 2.589052,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.00902,
        "energy": 65.961843,
        "activity_lines": [
          17.799314,
          17.645296,
          17.238883,
          17.022451
        ]
      },
      {
        "date": "2025-06-27",
        "close": 17.888983,
        "volume": 185900,
        "typical_volume": 216885.0,
        "trend": 16.83102,
        "fair_value": 13.527154,
        "relative_strength": 1.556701,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.630295,
        "energy": 56.036348,
        "activity_lines": [
          17.852865,
          17.72232,
          17.326866,
          17.092258
        ]
      },
      {
        "date": "2025-07-04",
        "close": 18.065643,
        "volume": 152100,
        "typical_volume": 219045.0,
        "trend": 16.862702,
        "fair_value": 13.565716,
        "relative_strength": 1.080535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.026216,
        "energy": 60.806512,
        "activity_lines": [
          17.926447,
          17.809446,
          17.424935,
          17.171911
        ]
      },
      {
        "date": "2025-07-11",
        "close": 18.149323,
        "volume": 138400,
        "typical_volume": 218090.0,
        "trend": 16.915888,
        "fair_value": 13.609441,
        "relative_strength": 1.51899,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.851422,
        "energy": 71.086674,
        "activity_lines": [
          18.019773,
          17.89235,
          17.523561,
          17.254919
        ]
      },
      {
        "date": "2025-07-18",
        "close": 18.577021,
        "volume": 207500,
        "typical_volume": 214925.0,
        "trend": 17.005581,
        "fair_value": 13.655681,
        "relative_strength": 2.655071,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.783096,
        "energy": 83.634884,
        "activity_lines": [
          18.224945,
          18.038184,
          17.65333,
          17.362089
        ]
      },
      {
        "date": "2025-07-25",
        "close": 18.809467,
        "volume": 245200,
        "typical_volume": 214790.0,
        "trend": 17.094418,
        "fair_value": 13.702912,
        "relative_strength": 3.09911,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.985376,
        "energy": 89.908355,
        "activity_lines": [
          18.45491,
          18.204828,
          17.796281,
          17.478469
        ]
      },
      {
        "date": "2025-08-01",
        "close": 18.818766,
        "volume": 266800,
        "typical_volume": 214955.0,
        "trend": 17.169326,
        "fair_value": 13.74925,
        "relative_strength": 4.838662,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.191296,
        "energy": 89.022518,
        "activity_lines": [
          18.62847,
          18.351293,
          17.930816,
          17.589717
        ]
      },
      {
        "date": "2025-08-08",
        "close": 19.571888,
        "volume": 158300,
        "typical_volume": 204265.0,
        "trend": 17.289214,
        "fair_value": 13.800507,
        "relative_strength": 5.941948,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.058441,
        "energy": 94.38409,
        "activity_lines": [
          18.991085,
          18.607187,
          18.125496,
          17.744721
        ]
      },
      {
        "date": "2025-08-15",
        "close": 19.599779,
        "volume": 174000,
        "typical_volume": 207755.0,
        "trend": 17.398759,
        "fair_value": 13.853439,
        "relative_strength": 5.364534,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.016956,
        "energy": 91.766689,
        "activity_lines": [
          19.26258,
          18.838544,
          18.309702,
          17.89379
        ]
      },
      {
        "date": "2025-08-22",
        "close": 20.018185,
        "volume": 180900,
        "typical_volume": 202455.0,
        "trend": 17.51157,
        "fair_value": 13.908599,
        "relative_strength": 5.772195,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.37452,
        "energy": 93.021179,
        "activity_lines": [
          19.576847,
          19.111224,
          18.519627,
          18.062785
        ]
      },
      {
        "date": "2025-08-29",
        "close": 20.371498,
        "volume": 205900,
        "typical_volume": 193655.0,
        "trend": 17.639125,
        "fair_value": 13.967249,
        "relative_strength": 6.543178,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.64528,
        "energy": 95.097029,
        "activity_lines": [
          19.912807,
          19.40757,
          18.745777,
          18.247297
        ]
      },
      {
        "date": "2025-09-05",
        "close": 20.334309,
        "volume": 189200,
        "typical_volume": 197610.0,
        "trend": 17.767814,
        "fair_value": 14.023847,
        "relative_strength": 4.440808,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.516036,
        "energy": 91.893931,
        "activity_lines": [
          20.132236,
          19.652525,
          18.946549,
          18.421179
        ]
      },
      {
        "date": "2025-09-12",
        "close": 20.873581,
        "volume": 347600,
        "typical_volume": 203310.0,
        "trend": 17.913293,
        "fair_value": 14.085651,
        "relative_strength": 6.167699,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.124598,
        "energy": 94.500955,
        "activity_lines": [
          20.430386,
          19.951069,
          19.181269,
          18.621551
        ]
      },
      {
        "date": "2025-09-19",
        "close": 20.646282,
        "volume": 272200,
        "typical_volume": 209550.0,
        "trend": 18.063654,
        "fair_value": 14.151425,
        "relative_strength": 3.184885,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.341357,
        "energy": 85.283602,
        "activity_lines": [
          20.565989,
          20.157233,
          19.37588,
          18.797873
        ]
      },
      {
        "date": "2025-09-26",
        "close": 20.475809,
        "volume": 300400,
        "typical_volume": 213215.0,
        "trend": 18.189643,
        "fair_value": 14.215086,
        "relative_strength": 2.242962,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.818547,
        "energy": 67.164184,
        "activity_lines": [
          20.575002,
          20.287002,
          19.53848,
          18.953496
        ]
      },
      {
        "date": "2025-10-03",
        "close": 20.74099,
        "volume": 207900,
        "typical_volume": 214065.0,
        "trend": 18.319132,
        "fair_value": 14.2817,
        "relative_strength": 1.081374,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.964327,
        "energy": 68.050268,
        "activity_lines": [
          20.6419,
          20.430463,
          19.711676,
          19.118099
        ]
      },
      {
        "date": "2025-10-10",
        "close": 19.348787,
        "volume": 281500,
        "typical_volume": 222880.0,
        "trend": 18.417869,
        "fair_value": 14.340503,
        "relative_strength": -3.72411,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.675509,
        "energy": 46.758294,
        "activity_lines": [
          20.220098,
          20.285677,
          19.737355,
          19.184529
        ]
      },
      {
        "date": "2025-10-17",
        "close": 19.850737,
        "volume": 229300,
        "typical_volume": 226740.0,
        "trend": 18.519075,
        "fair_value": 14.400807,
        "relative_strength": -2.082418,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.960125,
        "energy": 33.613847,
        "activity_lines": [
          20.031314,
          20.222518,
          19.801111,
          19.276972
        ]
      },
      {
        "date": "2025-10-24",
        "close": 20.305336,
        "volume": 154500,
        "typical_volume": 219220.0,
        "trend": 18.641503,
        "fair_value": 14.461148,
        "relative_strength": -0.664363,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.681975,
        "energy": 30.400773,
        "activity_lines": [
          20.062252,
          20.236944,
          19.899081,
          19.392214
        ]
      },
      {
        "date": "2025-10-31",
        "close": 20.333746,
        "volume": 265300,
        "typical_volume": 217215.0,
        "trend": 18.773983,
        "fair_value": 14.524177,
        "relative_strength": -0.282346,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.936359,
        "energy": 25.940587,
        "activity_lines": [
          20.12539,
          20.243707,
          19.987295,
          19.501391
        ]
      },
      {
        "date": "2025-11-07",
        "close": 21.09141,
        "volume": 245600,
        "typical_volume": 220425.0,
        "trend": 18.950835,
        "fair_value": 14.588862,
        "relative_strength": 4.470019,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 77.537579,
        "energy": 50.067769,
        "activity_lines": [
          20.450554,
          20.382489,
          20.135539,
          19.650903
        ]
      },
      {
        "date": "2025-11-14",
        "close": 20.504221,
        "volume": 234800,
        "typical_volume": 222870.0,
        "trend": 19.078376,
        "fair_value": 14.647741,
        "relative_strength": 0.205914,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.753874,
        "energy": 43.907045,
        "activity_lines": [
          20.556626,
          20.40142,
          20.212743,
          19.751121
        ]
      },
      {
        "date": "2025-11-21",
        "close": 20.324274,
        "volume": 202400,
        "typical_volume": 225385.0,
        "trend": 19.189298,
        "fair_value": 14.701431,
        "relative_strength": -0.13386,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.117121,
        "energy": 41.042717,
        "activity_lines": [
          20.525687,
          20.384545,
          20.260356,
          19.831502
        ]
      },
      {
        "date": "2025-11-28",
        "close": 20.816755,
        "volume": 172900,
        "typical_volume": 227110.0,
        "trend": 19.305407,
        "fair_value": 14.76454,
        "relative_strength": -1.680279,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.580083,
        "energy": 43.874456,
        "activity_lines": [
          20.62734,
          20.467198,
          20.344116,
          19.936499
        ]
      },
      {
        "date": "2025-12-05",
        "close": 21.394474,
        "volume": 188900,
        "typical_volume": 226180.0,
        "trend": 19.43865,
        "fair_value": 14.832095,
        "relative_strength": 1.229408,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.043522,
        "energy": 47.780652,
        "activity_lines": [
          20.887471,
          20.651792,
          20.470195,
          20.071278
        ]
      },
      {
        "date": "2025-12-12",
        "close": 21.792246,
        "volume": 405300,
        "typical_volume": 234185.0,
        "trend": 19.578172,
        "fair_value": 14.902454,
        "relative_strength": 2.299396,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.522822,
        "energy": 61.949372,
        "activity_lines": [
          21.209477,
          20.892006,
          20.620741,
          20.223122
        ]
      },
      {
        "date": "2025-12-19",
        "close": 21.493326,
        "volume": 276800,
        "typical_volume": 234685.0,
        "trend": 19.717745,
        "fair_value": 14.971799,
        "relative_strength": 0.082084,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.715641,
        "energy": 64.984689,
        "activity_lines": [
          21.385121,
          21.058756,
          20.728615,
          20.346681
        ]
      },
      {
        "date": "2025-12-26",
        "close": 21.483683,
        "volume": 71800,
        "typical_volume": 230360.0,
        "trend": 19.835754,
        "fair_value": 15.038231,
        "relative_strength": -0.782861,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.9037,
        "energy": 65.852028,
        "activity_lines": [
          21.491611,
          21.184762,
          20.822834,
          20.460612
        ]
      },
      {
        "date": "2026-01-02",
        "close": 21.647608,
        "volume": 83800,
        "typical_volume": 225850.0,
        "trend": 19.967724,
        "fair_value": 15.106997,
        "relative_strength": 0.287747,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.884363,
        "energy": 60.02084,
        "activity_lines": [
          21.575448,
          21.310882,
          20.923561,
          20.577506
        ]
      },
      {
        "date": "2026-01-09",
        "close": 21.792246,
        "volume": 222800,
        "typical_volume": 227945.0,
        "trend": 20.101242,
        "fair_value": 15.173934,
        "relative_strength": -1.36547,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.358638,
        "energy": 55.814322,
        "activity_lines": [
          21.652107,
          21.438895,
          21.028312,
          20.695217
        ]
      },
      {
        "date": "2026-01-16",
        "close": 21.744032,
        "volume": 170700,
        "typical_volume": 226185.0,
        "trend": 20.228814,
        "fair_value": 15.239659,
        "relative_strength": -2.877873,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.986428,
        "energy": 49.765848,
        "activity_lines": [
          21.686177,
          21.531624,
          21.120023,
          20.801204
        ]
      },
      {
        "date": "2026-01-23",
        "close": 21.69582,
        "volume": 173100,
        "typical_volume": 225380.0,
        "trend": 20.355708,
        "fair_value": 15.304457,
        "relative_strength": -3.402449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.914819,
        "energy": 46.298118,
        "activity_lines": [
          21.707391,
          21.603721,
          21.200607,
          20.895849
        ]
      },
      {
        "date": "2026-01-30",
        "close": 21.618679,
        "volume": 212000,
        "typical_volume": 218600.0,
        "trend": 20.474143,
        "fair_value": 15.36724,
        "relative_strength": -0.145727,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.496846,
        "energy": 43.050432,
        "activity_lines": [
          21.689391,
          21.640126,
          21.26736,
          20.977331
        ]
      },
      {
        "date": "2026-02-06",
        "close": 22.399729,
        "volume": 205900,
        "typical_volume": 215285.0,
        "trend": 20.615823,
        "fair_value": 15.434316,
        "relative_strength": 1.595324,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.366537,
        "energy": 54.053596,
        "activity_lines": [
          21.922742,
          21.795007,
          21.404951,
          21.101563
        ]
      },
      {
        "date": "2026-02-13",
        "close": 22.804716,
        "volume": 160800,
        "typical_volume": 208305.0,
        "trend": 20.756746,
        "fair_value": 15.503561,
        "relative_strength": 1.427646,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.134776,
        "energy": 77.93483,
        "activity_lines": [
          22.240947,
          21.99474,
          21.572763,
          21.242782
        ]
      },
      {
        "date": "2026-02-20",
        "close": 23.4797,
        "volume": 198400,
        "typical_volume": 207830.0,
        "trend": 20.91242,
        "fair_value": 15.578226,
        "relative_strength": 1.980938,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.398401,
        "energy": 91.147327,
        "activity_lines": [
          22.716649,
          22.291557,
          21.793768,
          21.418456
        ]
      },
      {
        "date": "2026-02-27",
        "close": 23.768976,
        "volume": 597900,
        "typical_volume": 223650.0,
        "trend": 21.077427,
        "fair_value": 15.650991,
        "relative_strength": 1.567098,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.895975,
        "energy": 93.089141,
        "activity_lines": [
          23.173064,
          22.610288,
          22.029282,
          21.60275
        ]
      },
      {
        "date": "2026-03-06",
        "close": 23.267561,
        "volume": 351300,
        "typical_volume": 229750.0,
        "trend": 21.200617,
        "fair_value": 15.723536,
        "relative_strength": 3.13459,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.145307,
        "energy": 86.006071,
        "activity_lines": [
          23.324131,
          22.796477,
          22.195994,
          21.744049
        ]
      },
      {
        "date": "2026-03-13",
        "close": 22.04966,
        "volume": 362800,
        "typical_volume": 240165.0,
        "trend": 21.282279,
        "fair_value": 15.791345,
        "relative_strength": -0.665119,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.750623,
        "energy": 56.934387,
        "activity_lines": [
          22.959306,
          22.728796,
          22.230445,
          21.798826
        ]
      },
      {
        "date": "2026-03-20",
        "close": 21.568184,
        "volume": 348600,
        "typical_volume": 244330.0,
        "trend": 21.333946,
        "fair_value": 15.856554,
        "relative_strength": 0.921521,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 35.501076,
        "energy": 29.908244,
        "activity_lines": [
          22.457326,
          22.566264,
          22.210735,
          21.817271
        ]
      },
      {
        "date": "2026-03-27",
        "close": 21.77453,
        "volume": 276500,
        "typical_volume": 245875.0,
        "trend": 21.380714,
        "fair_value": 15.923183,
        "relative_strength": -0.19049,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 26.604369,
        "energy": 24.174506,
        "activity_lines": [
          22.106564,
          22.445323,
          22.204798,
          21.845696
        ]
      },
      {
        "date": "2026-04-03",
        "close": 22.708006,
        "volume": 195000,
        "typical_volume": 243885.0,
        "trend": 21.459837,
        "fair_value": 15.993607,
        "relative_strength": 0.535892,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.352753,
        "energy": 28.258706,
        "activity_lines": [
          22.180639,
          22.49355,
          22.284511,
          21.931328
        ]
      },
      {
        "date": "2026-04-10",
        "close": 23.503916,
        "volume": 246200,
        "typical_volume": 246075.0,
        "trend": 21.547515,
        "fair_value": 16.068939,
        "relative_strength": 2.163528,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.503007,
        "energy": 25.715814,
        "activity_lines": [
          22.590748,
          22.668085,
          22.429531,
          22.063204
        ]
      },
      {
        "date": "2026-04-17",
        "close": 23.906784,
        "volume": 288800,
        "typical_volume": 251870.0,
        "trend": 21.656198,
        "fair_value": 16.147388,
        "relative_strength": 1.927415,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 72.671543,
        "energy": 48.855567,
        "activity_lines": [
          23.11939,
          22.881592,
          22.597777,
          22.215415
        ]
      },
      {
        "date": "2026-04-24",
        "close": 24.005045,
        "volume": 219100,
        "typical_volume": 253380.0,
        "trend": 21.773839,
        "fair_value": 16.227099,
        "relative_strength": 3.622283,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.388923,
        "energy": 73.905891,
        "activity_lines": [
          23.556977,
          23.085563,
          22.760668,
          22.366953
        ]
      },
      {
        "date": "2026-05-01",
        "close": 25.203821,
        "volume": 386100,
        "typical_volume": 252420.0,
        "trend": 21.9226,
        "fair_value": 16.314155,
        "relative_strength": 8.681823,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.608743,
        "energy": 86.312301,
        "activity_lines": [
          24.231698,
          23.485669,
          23.025296,
          22.588243
        ]
      },
      {
        "date": "2026-05-08",
        "close": 24.309652,
        "volume": 522700,
        "typical_volume": 264715.0,
        "trend": 22.087962,
        "fair_value": 16.391782,
        "relative_strength": 4.172175,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.245209,
        "energy": 77.752762,
        "activity_lines": [
          24.379744,
          23.691852,
          23.18852,
          22.742246
        ]
      },
      {
        "date": "2026-05-15",
        "close": 23.916609,
        "volume": 201500,
        "typical_volume": 271200.0,
        "trend": 22.223492,
        "fair_value": 16.465139,
        "relative_strength": 3.144285,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.625456,
        "energy": 67.741279,
        "activity_lines": [
          24.289999,
          23.816741,
          23.3009,
          22.860223
        ]
      },
      {
        "date": "2026-05-22",
        "close": 24.565128,
        "volume": 103300,
        "typical_volume": 272175.0,
        "trend": 22.365485,
        "fair_value": 16.543772,
        "relative_strength": 3.852385,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.411356,
        "energy": 54.449959,
        "activity_lines": [
          24.388915,
          24.047743,
          23.463459,
          23.011296
        ]
      },
      {
        "date": "2026-05-29",
        "close": 24.368607,
        "volume": 132700,
        "typical_volume": 267670.0,
        "trend": 22.49998,
        "fair_value": 16.620026,
        "relative_strength": 2.095531,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.846243,
        "energy": 46.617175,
        "activity_lines": [
          24.378433,
          24.197277,
          23.593408,
          23.14053
        ]
      },
      {
        "date": "2026-06-05",
        "close": 24.289999,
        "volume": 47500,
        "typical_volume": 261510.0,
        "trend": 22.6066,
        "fair_value": 16.695193,
        "relative_strength": 2.712607,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.051012,
        "energy": 42.118491,
        "activity_lines": [
          24.317512,
          24.281602,
          23.703603,
          23.256015
        ]
      },
      {
        "date": "2026-06-12",
        "close": 24.289999,
        "volume": 74600,
        "typical_volume": 256585.0,
        "trend": 22.732792,
        "fair_value": 16.770778,
        "relative_strength": 1.102624,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.980492,
        "energy": 39.184644,
        "activity_lines": [
          24.317512,
          24.320192,
          23.801673,
          23.364622
        ]
      },
      {
        "date": "2026-06-19",
        "close": 24.77,
        "volume": 59700,
        "typical_volume": 248970.0,
        "trend": 22.880983,
        "fair_value": 16.852175,
        "relative_strength": 2.916539,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 65.054808,
        "energy": 46.218717,
        "activity_lines": [
          24.478822,
          24.417291,
          23.933105,
          23.496054
        ]
      },
      {
        "date": "2026-06-26",
        "close": 24.719999,
        "volume": 33000,
        "typical_volume": 240325.0,
        "trend": 23.011091,
        "fair_value": 16.934246,
        "relative_strength": 2.571596,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.608309,
        "energy": 45.739296,
        "activity_lines": [
          24.566573,
          24.482279,
          24.044769,
          23.614701
        ]
      },
      {
        "date": "2026-07-03",
        "close": 26.1,
        "volume": 31800,
        "typical_volume": 233875.0,
        "trend": 23.167942,
        "fair_value": 17.024418,
        "relative_strength": 7.258918,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.897027,
        "energy": 75.528087,
        "activity_lines": [
          25.104,
          24.78339,
          24.276812,
          23.813985
        ]
      },
      {
        "date": "2026-07-10",
        "close": 26.389999,
        "volume": 211800,
        "typical_volume": 234545.0,
        "trend": 23.3212,
        "fair_value": 17.11237,
        "relative_strength": 8.044196,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.424274,
        "energy": 87.785708,
        "activity_lines": [
          25.622666,
          25.099139,
          24.520783,
          24.02186
        ]
      },
      {
        "date": "2026-07-17",
        "close": 26.110001,
        "volume": 329200,
        "typical_volume": 221110.0,
        "trend": 23.47509,
        "fair_value": 17.198428,
        "relative_strength": 6.844297,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.997038,
        "energy": 86.381298,
        "activity_lines": [
          25.908,
          25.342412,
          24.724228,
          24.201782
        ]
      },
      {
        "date": "2026-07-24",
        "close": 25.74,
        "volume": 244900,
        "typical_volume": 215790.0,
        "trend": 23.616967,
        "fair_value": 17.282512,
        "relative_strength": 4.889916,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.659501,
        "energy": 81.42048,
        "activity_lines": [
          25.948667,
          25.485679,
          24.881288,
          24.347906
        ]
      },
      {
        "date": "2026-07-31",
        "close": 23.59,
        "volume": 594000,
        "typical_volume": 227350.0,
        "trend": 23.681713,
        "fair_value": 17.353112,
        "relative_strength": -3.409326,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 38.134195,
        "energy": 34.45956,
        "activity_lines": [
          25.208,
          25.204884,
          24.821812,
          24.346166
        ]
      },
      {
        "date": "2026-08-07",
        "close": 22.41,
        "volume": 538800,
        "typical_volume": 236860.0,
        "trend": 23.702305,
        "fair_value": 17.414656,
        "relative_strength": -10.934138,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -5.086134,
        "energy": 19.107712,
        "activity_lines": [
          24.149333,
          24.727273,
          24.64262,
          24.26412
        ]
      }
    ],
    "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."
    }
  }
}