{
  "ticker": {
    "uuid": "dbacc07e-c090-448b-8476-08c10dd9a40b",
    "symbol": "ITLC34",
    "name": "Intel Corporation",
    "exchange": "SAO",
    "country": "BR",
    "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": "^BVSP",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 7.91,
    "architecture_energy": 23.432,
    "architecture_maturity": 80.711,
    "architecture_confidence": 69.36,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 55.49,
        "rotation_up": 15.94,
        "upward_expansion": 46.5,
        "deceleration": 87.97,
        "rotation_down": 43.16,
        "downward_expansion": 29.17
      },
      "activity_lines": [
        81.572667,
        89.225455,
        90.094048,
        81.160258
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
    },
    "latest_close": 85.800003,
    "trend_reference": 68.838667,
    "distance_from_trend": 0.246393,
    "trend_direction": "Improving",
    "fair_value": 34.986058,
    "distance_from_fair_value": 1.452406,
    "fair_value_direction": "Weakening",
    "relative_strength": 60.01475,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.972414,
    "excess_performance": 1.029462,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.246393,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.39755,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 1.452406,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -1.013373,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.600148,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -1.017243,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.972414,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.227082,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1859103,
      "relative_activity": 1.290076,
      "balance": 0.227082,
      "dry_up": 2.154809,
      "accumulation_observations": 1,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.162193,
      "annualized_volatility": 0.831005,
      "from_high_reference": -0.260982,
      "from_low_reference": 3.645371
    },
    "levels": {
      "trend_reference": 68.838667,
      "fair_value_reference": 34.986058,
      "structural_low": 35.66,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 5,
        "median_return": 0.032621,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.04008,
        "regime_survival": 0.6,
        "best_return": 0.783249,
        "worst_return": -0.195234,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.465237,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.495741,
        "regime_survival": 0.0,
        "best_return": 1.203381,
        "worst_return": -0.272907,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": -0.484224,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.504446,
        "regime_survival": 0.0,
        "best_return": -0.484224,
        "worst_return": -0.484224,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.477709,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.451097,
        "regime_survival": 0.0,
        "best_return": -0.477709,
        "worst_return": -0.477709,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-04-19",
        "end": "2024-05-03",
        "tenure": "New",
        "return": -0.111036,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-05-10",
        "end": "2024-07-19",
        "tenure": "Developing",
        "return": 0.198991,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-07-26",
        "end": "2024-07-26",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-08-02",
        "end": "2024-11-08",
        "tenure": "Established",
        "return": 0.224106,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-15",
        "end": "2024-12-27",
        "tenure": "Developing",
        "return": -0.137206,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-03",
        "end": "2025-02-14",
        "tenure": "Developing",
        "return": 0.063037,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-21",
        "end": "2025-04-18",
        "tenure": "Developing",
        "return": -0.233347,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-25",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.075591,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-11",
        "end": "2025-08-29",
        "tenure": "Developing",
        "return": 0.015603,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-09-05",
        "end": "2025-09-19",
        "tenure": "New",
        "return": 0.199087,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-26",
        "end": "2026-02-27",
        "tenure": "Established",
        "return": 0.242385,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-06",
        "end": "2026-04-10",
        "tenure": "Developing",
        "return": 0.355267,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-17",
        "end": "2026-07-17",
        "tenure": "Established",
        "return": 0.431622,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.104105,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 26.799713,
        "volume": 29792,
        "typical_volume": 98101.5,
        "trend": 25.395027,
        "fair_value": 36.023801,
        "relative_strength": 3.750793,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.237644,
        "energy": 47.001995,
        "activity_lines": [
          27.647548,
          27.241495,
          26.536616,
          26.096671
        ]
      },
      {
        "date": "2023-08-25",
        "close": 26.621773,
        "volume": 48906,
        "typical_volume": 97161.1,
        "trend": 25.5123,
        "fair_value": 35.930119,
        "relative_strength": 2.778407,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.233079,
        "energy": 27.764972,
        "activity_lines": [
          27.301205,
          27.150068,
          26.586908,
          26.175816
        ]
      },
      {
        "date": "2023-09-01",
        "close": 29.547894,
        "volume": 81683,
        "typical_volume": 98019.7,
        "trend": 25.66218,
        "fair_value": 35.861205,
        "relative_strength": 11.928568,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.256692,
        "energy": 36.368864,
        "activity_lines": [
          27.93655,
          27.635731,
          26.918102,
          26.436177
        ]
      },
      {
        "date": "2023-09-08",
        "close": 31.376719,
        "volume": 312383,
        "typical_volume": 111614.05,
        "trend": 25.919893,
        "fair_value": 35.8074,
        "relative_strength": 21.066503,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.279595,
        "energy": 51.256323,
        "activity_lines": [
          29.11293,
          28.391323,
          27.404568,
          26.804856
        ]
      },
      {
        "date": "2023-09-15",
        "close": 30.42771,
        "volume": 47101,
        "typical_volume": 109382.05,
        "trend": 26.153495,
        "fair_value": 35.743402,
        "relative_strength": 13.680139,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.652169,
        "energy": 65.116562,
        "activity_lines": [
          29.755491,
          28.88086,
          27.772198,
          27.095683
        ]
      },
      {
        "date": "2023-09-22",
        "close": 27.778383,
        "volume": 43615,
        "typical_volume": 109715.85,
        "trend": 26.369427,
        "fair_value": 35.652851,
        "relative_strength": 5.927989,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.365441,
        "energy": 62.418614,
        "activity_lines": [
          29.363365,
          28.798656,
          27.863296,
          27.200515
        ]
      },
      {
        "date": "2023-09-29",
        "close": 29.369955,
        "volume": 41483,
        "typical_volume": 106675.15,
        "trend": 26.603418,
        "fair_value": 35.56165,
        "relative_strength": 10.98629,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.642179,
        "energy": 53.331167,
        "activity_lines": [
          29.436518,
          28.973984,
          28.093458,
          27.394097
        ]
      },
      {
        "date": "2023-10-06",
        "close": 30.763817,
        "volume": 29774,
        "typical_volume": 106364.0,
        "trend": 26.857381,
        "fair_value": 35.476489,
        "relative_strength": 17.836137,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.589795,
        "energy": 43.6509,
        "activity_lines": [
          29.79108,
          29.354498,
          28.4283,
          27.66251
        ]
      },
      {
        "date": "2023-10-13",
        "close": 30.141026,
        "volume": 26237,
        "typical_volume": 102512.45,
        "trend": 27.005225,
        "fair_value": 35.374332,
        "relative_strength": 13.255339,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.165047,
        "energy": 36.646168,
        "activity_lines": [
          29.856983,
          29.580966,
          28.674281,
          27.874358
        ]
      },
      {
        "date": "2023-10-20",
        "close": 28.954762,
        "volume": 47685,
        "typical_volume": 84732.65,
        "trend": 27.13315,
        "fair_value": 35.29822,
        "relative_strength": 10.630029,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.713596,
        "energy": 33.760979,
        "activity_lines": [
          29.609844,
          29.554904,
          28.776436,
          28.000135
        ]
      },
      {
        "date": "2023-10-27",
        "close": 29.211784,
        "volume": 64312,
        "typical_volume": 84078.4,
        "trend": 27.202271,
        "fair_value": 35.242364,
        "relative_strength": 11.063626,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.770666,
        "energy": 27.269596,
        "activity_lines": [
          29.546576,
          29.561015,
          28.886078,
          28.13424
        ]
      },
      {
        "date": "2023-11-03",
        "close": 30.71439,
        "volume": 64875,
        "typical_volume": 77631.2,
        "trend": 27.323114,
        "fair_value": 35.20093,
        "relative_strength": 11.358387,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.554764,
        "energy": 33.189399,
        "activity_lines": [
          29.888616,
          29.796471,
          29.118686,
          28.360829
        ]
      },
      {
        "date": "2023-11-10",
        "close": 31.488811,
        "volume": 24725,
        "typical_volume": 67108.2,
        "trend": 27.520136,
        "fair_value": 35.160848,
        "relative_strength": 11.562298,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.189027,
        "energy": 38.186188,
        "activity_lines": [
          30.399168,
          30.09832,
          29.417364,
          28.629583
        ]
      },
      {
        "date": "2023-11-17",
        "close": 35.333263,
        "volume": 94184,
        "typical_volume": 68116.65,
        "trend": 27.851193,
        "fair_value": 35.151761,
        "relative_strength": 20.314096,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.633548,
        "energy": 74.404992,
        "activity_lines": [
          32.142871,
          31.06387,
          30.056546,
          29.133656
        ]
      },
      {
        "date": "2023-11-24",
        "close": 35.541336,
        "volume": 23157,
        "typical_volume": 67039.15,
        "trend": 28.191148,
        "fair_value": 35.132179,
        "relative_strength": 20.15255,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.522561,
        "energy": 84.292371,
        "activity_lines": [
          33.609782,
          31.995315,
          30.672214,
          29.629794
        ]
      },
      {
        "date": "2023-12-01",
        "close": 35.353073,
        "volume": 52028,
        "typical_volume": 67688.85,
        "trend": 28.531245,
        "fair_value": 35.098979,
        "relative_strength": 16.594265,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.177506,
        "energy": 86.96458,
        "activity_lines": [
          34.574834,
          32.799555,
          31.222018,
          30.091854
        ]
      },
      {
        "date": "2023-12-08",
        "close": 34.738758,
        "volume": 42398,
        "typical_volume": 67837.65,
        "trend": 28.906688,
        "fair_value": 35.076641,
        "relative_strength": 14.994952,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.18447,
        "energy": 84.921315,
        "activity_lines": [
          34.925695,
          33.35438,
          31.668906,
          30.492339
        ]
      },
      {
        "date": "2023-12-15",
        "close": 37.731087,
        "volume": 92751,
        "typical_volume": 66332.9,
        "trend": 29.345755,
        "fair_value": 35.083158,
        "relative_strength": 21.260787,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.638519,
        "energy": 90.724202,
        "activity_lines": [
          36.005708,
          34.35565,
          32.362576,
          31.061655
        ]
      },
      {
        "date": "2023-12-22",
        "close": 38.434578,
        "volume": 15482,
        "typical_volume": 63261.3,
        "trend": 29.838154,
        "fair_value": 35.093368,
        "relative_strength": 20.251646,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.75948,
        "energy": 88.148475,
        "activity_lines": [
          36.904066,
          35.358149,
          33.07938,
          31.64803
        ]
      },
      {
        "date": "2023-12-29",
        "close": 40.188362,
        "volume": 60046,
        "typical_volume": 62130.85,
        "trend": 30.331546,
        "fair_value": 35.103925,
        "relative_strength": 23.455899,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.525813,
        "energy": 88.705671,
        "activity_lines": [
          38.180265,
          36.528727,
          33.914067,
          32.315786
        ]
      },
      {
        "date": "2024-01-05",
        "close": 37.661724,
        "volume": 60342,
        "typical_volume": 63658.35,
        "trend": 30.754181,
        "fair_value": 35.073287,
        "relative_strength": 17.010954,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.836833,
        "energy": 73.516296,
        "activity_lines": [
          38.304449,
          37.035669,
          34.450816,
          32.7887
        ]
      },
      {
        "date": "2024-01-12",
        "close": 37.889622,
        "volume": 88709,
        "typical_volume": 65648.5,
        "trend": 31.047151,
        "fair_value": 35.013169,
        "relative_strength": 18.024749,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.561763,
        "energy": 61.238943,
        "activity_lines": [
          38.350689,
          37.430411,
          34.957546,
          33.249052
        ]
      },
      {
        "date": "2024-01-19",
        "close": 39.336243,
        "volume": 90630,
        "typical_volume": 66095.85,
        "trend": 31.488168,
        "fair_value": 34.962908,
        "relative_strength": 24.858309,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.324546,
        "energy": 61.125112,
        "activity_lines": [
          38.669078,
          37.957717,
          35.548393,
          33.783832
        ]
      },
      {
        "date": "2024-01-26",
        "close": 35.353073,
        "volume": 160756,
        "typical_volume": 58514.5,
        "trend": 31.792144,
        "fair_value": 34.90471,
        "relative_strength": 10.465296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.931185,
        "energy": 38.599907,
        "activity_lines": [
          37.552734,
          37.61813,
          35.713279,
          34.03318
        ]
      },
      {
        "date": "2024-02-02",
        "close": 34.946835,
        "volume": 113300,
        "typical_volume": 61824.45,
        "trend": 32.107864,
        "fair_value": 34.821623,
        "relative_strength": 10.353371,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.068687,
        "energy": 27.307849,
        "activity_lines": [
          36.506411,
          37.20432,
          35.82054,
          34.236709
        ]
      },
      {
        "date": "2024-02-09",
        "close": 35.306007,
        "volume": 46278,
        "typical_volume": 61957.6,
        "trend": 32.417167,
        "fair_value": 34.722659,
        "relative_strength": 10.265983,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.554904,
        "energy": 22.299439,
        "activity_lines": [
          35.929247,
          36.866624,
          35.940489,
          34.443041
        ]
      },
      {
        "date": "2024-02-16",
        "close": 35.782581,
        "volume": 26709,
        "typical_volume": 61218.9,
        "trend": 32.719369,
        "fair_value": 34.619068,
        "relative_strength": 10.604838,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.573652,
        "energy": 25.925154,
        "activity_lines": [
          35.667988,
          36.616434,
          36.06998,
          34.660164
        ]
      },
      {
        "date": "2024-02-23",
        "close": 35.524437,
        "volume": 166241,
        "typical_volume": 68042.25,
        "trend": 32.952875,
        "fair_value": 34.510069,
        "relative_strength": 8.609728,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.023221,
        "energy": 21.21341,
        "activity_lines": [
          35.461152,
          36.300329,
          36.14435,
          34.841136
        ]
      },
      {
        "date": "2024-03-01",
        "close": 36.100292,
        "volume": 101977,
        "typical_volume": 71829.25,
        "trend": 33.219068,
        "fair_value": 34.401712,
        "relative_strength": 10.036348,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.974107,
        "energy": 12.751913,
        "activity_lines": [
          35.700387,
          36.129047,
          36.250893,
          35.044195
        ]
      },
      {
        "date": "2024-03-08",
        "close": 36.457722,
        "volume": 115598,
        "typical_volume": 75224.9,
        "trend": 33.495858,
        "fair_value": 34.292714,
        "relative_strength": 12.429242,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.446404,
        "energy": 12.99104,
        "activity_lines": [
          36.008951,
          36.065193,
          36.3631,
          35.253141
        ]
      },
      {
        "date": "2024-03-15",
        "close": 35.315933,
        "volume": 177359,
        "typical_volume": 80877.25,
        "trend": 33.779732,
        "fair_value": 34.173641,
        "relative_strength": 8.97257,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.015847,
        "energy": 10.77294,
        "activity_lines": [
          35.836192,
          35.861571,
          36.330836,
          35.370565
        ]
      },
      {
        "date": "2024-03-22",
        "close": 35.276222,
        "volume": 138018,
        "typical_volume": 84534.4,
        "trend": 34.068213,
        "fair_value": 34.037249,
        "relative_strength": 8.413718,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.772851,
        "energy": 8.792652,
        "activity_lines": [
          35.649535,
          35.69338,
          36.265724,
          35.467113
        ]
      },
      {
        "date": "2024-03-29",
        "close": 36.715862,
        "volume": 108686,
        "typical_volume": 88732.45,
        "trend": 34.307146,
        "fair_value": 33.912196,
        "relative_strength": 11.718001,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.309769,
        "energy": 15.328432,
        "activity_lines": [
          35.976516,
          35.834457,
          36.315996,
          35.637929
        ]
      },
      {
        "date": "2024-04-05",
        "close": 32.49622,
        "volume": 181066,
        "typical_volume": 93076.55,
        "trend": 34.344462,
        "fair_value": 33.740978,
        "relative_strength": -0.006157,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -9.264681,
        "energy": 13.526902,
        "activity_lines": [
          34.81752,
          35.255971,
          35.939508,
          35.521095
        ]
      },
      {
        "date": "2024-04-12",
        "close": 30.42115,
        "volume": 97236,
        "typical_volume": 96780.5,
        "trend": 34.344244,
        "fair_value": 33.571821,
        "relative_strength": -5.766484,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -38.511408,
        "energy": 48.585404,
        "activity_lines": [
          33.207106,
          34.352142,
          35.378903,
          35.267978
        ]
      },
      {
        "date": "2024-04-19",
        "close": 29.418362,
        "volume": 77191,
        "typical_volume": 98038.65,
        "trend": 34.39891,
        "fair_value": 33.441332,
        "relative_strength": -8.217123,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.356861,
        "energy": 66.875248,
        "activity_lines": [
          31.664868,
          33.348272,
          34.747177,
          34.950179
        ]
      },
      {
        "date": "2024-04-26",
        "close": 26.966005,
        "volume": 301469,
        "typical_volume": 110992.2,
        "trend": 34.318778,
        "fair_value": 33.30949,
        "relative_strength": -16.615566,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -59.408596,
        "energy": 80.278434,
        "activity_lines": [
          29.698348,
          32.005568,
          33.910153,
          34.470637
        ]
      },
      {
        "date": "2024-05-03",
        "close": 26.151863,
        "volume": 543762,
        "typical_volume": 133542.75,
        "trend": 34.165046,
        "fair_value": 33.179614,
        "relative_strength": -20.166552,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -82.441381,
        "energy": 92.758887,
        "activity_lines": [
          28.014463,
          30.67514,
          33.032605,
          33.943739
        ]
      },
      {
        "date": "2024-05-10",
        "close": 25.670736,
        "volume": 80870,
        "typical_volume": 136812.15,
        "trend": 34.016036,
        "fair_value": 33.057684,
        "relative_strength": -20.986097,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.893259,
        "energy": 91.839832,
        "activity_lines": [
          26.874468,
          29.427644,
          32.164375,
          33.395719
        ]
      },
      {
        "date": "2024-05-17",
        "close": 26.91544,
        "volume": 225313,
        "typical_volume": 145075.5,
        "trend": 33.948059,
        "fair_value": 32.935652,
        "relative_strength": -17.437963,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.678146,
        "energy": 86.998544,
        "activity_lines": [
          26.604407,
          28.596086,
          31.475468,
          32.937616
        ]
      },
      {
        "date": "2024-05-24",
        "close": 26.308023,
        "volume": 267494,
        "typical_volume": 155433.1,
        "trend": 33.851267,
        "fair_value": 32.812086,
        "relative_strength": -16.794228,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.52902,
        "energy": 79.88459,
        "activity_lines": [
          26.365588,
          27.827585,
          30.791916,
          32.444711
        ]
      },
      {
        "date": "2024-05-31",
        "close": 26.686413,
        "volume": 191559,
        "typical_volume": 160575.6,
        "trend": 33.717001,
        "fair_value": 32.699321,
        "relative_strength": -14.025803,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.521319,
        "energy": 60.983488,
        "activity_lines": [
          26.460254,
          27.291662,
          30.198467,
          31.982462
        ]
      },
      {
        "date": "2024-06-07",
        "close": 27.204208,
        "volume": 181268,
        "typical_volume": 165107.5,
        "trend": 33.574181,
        "fair_value": 32.583269,
        "relative_strength": -11.470542,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.699457,
        "energy": 55.962661,
        "activity_lines": [
          26.746158,
          27.006062,
          29.70768,
          31.562282
        ]
      },
      {
        "date": "2024-06-14",
        "close": 26.9951,
        "volume": 203536,
        "typical_volume": 167246.5,
        "trend": 33.296242,
        "fair_value": 32.479207,
        "relative_strength": -11.209312,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.074952,
        "energy": 48.168019,
        "activity_lines": [
          26.892204,
          26.855382,
          29.25475,
          31.137825
        ]
      },
      {
        "date": "2024-06-21",
        "close": 28.289589,
        "volume": 173668,
        "typical_volume": 170264.9,
        "trend": 33.054517,
        "fair_value": 32.389931,
        "relative_strength": -8.334281,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.210026,
        "energy": 38.592914,
        "activity_lines": [
          27.381455,
          27.040083,
          28.964904,
          30.814815
        ]
      },
      {
        "date": "2024-06-28",
        "close": 28.797428,
        "volume": 213203,
        "typical_volume": 178611.15,
        "trend": 32.835996,
        "fair_value": 32.292586,
        "relative_strength": -8.69194,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.576481,
        "energy": 30.761057,
        "activity_lines": [
          27.948375,
          27.355875,
          28.755125,
          30.540164
        ]
      },
      {
        "date": "2024-07-05",
        "close": 28.887047,
        "volume": 191908,
        "typical_volume": 186871.1,
        "trend": 32.640939,
        "fair_value": 32.191981,
        "relative_strength": -10.21816,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.149451,
        "energy": 24.626314,
        "activity_lines": [
          28.379208,
          27.699251,
          28.584874,
          30.285393
        ]
      },
      {
        "date": "2024-07-12",
        "close": 31.227087,
        "volume": 402552,
        "typical_volume": 198686.65,
        "trend": 32.424139,
        "fair_value": 32.115519,
        "relative_strength": -5.077089,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -13.997214,
        "energy": 21.506365,
        "activity_lines": [
          29.443346,
          28.43316,
          28.67032,
          30.194177
        ]
      },
      {
        "date": "2024-07-19",
        "close": 30.778994,
        "volume": 517081,
        "typical_volume": 219441.85,
        "trend": 32.168953,
        "fair_value": 32.040844,
        "relative_strength": -5.634761,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -0.799186,
        "energy": 17.92113,
        "activity_lines": [
          30.089927,
          28.993322,
          28.733554,
          30.088039
        ]
      },
      {
        "date": "2024-07-26",
        "close": 29.484505,
        "volume": 188913,
        "typical_volume": 223107.6,
        "trend": 31.812157,
        "fair_value": 31.95445,
        "relative_strength": -9.47457,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.697999,
        "energy": 20.133746,
        "activity_lines": [
          30.052752,
          29.225244,
          28.698843,
          29.914849
        ]
      },
      {
        "date": "2024-08-02",
        "close": 20.423073,
        "volume": 997830,
        "typical_volume": 264131.15,
        "trend": 31.237536,
        "fair_value": 31.806951,
        "relative_strength": -36.128656,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.267432,
        "energy": 43.04415,
        "activity_lines": [
          26.915439,
          27.762923,
          27.834345,
          29.180069
        ]
      },
      {
        "date": "2024-08-09",
        "close": 18.209999,
        "volume": 712713,
        "typical_volume": 292865.9,
        "trend": 30.581548,
        "fair_value": 31.645681,
        "relative_strength": -44.711224,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.666589,
        "energy": 87.421043,
        "activity_lines": [
          23.598725,
          26.005223,
          26.829995,
          28.339583
        ]
      },
      {
        "date": "2024-08-16",
        "close": 18.950001,
        "volume": 286536,
        "typical_volume": 301758.4,
        "trend": 29.902007,
        "fair_value": 31.489867,
        "relative_strength": -43.507215,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.711596,
        "energy": 92.563818,
        "activity_lines": [
          21.240482,
          24.536187,
          25.97739,
          27.58916
        ]
      },
      {
        "date": "2024-08-23",
        "close": 18.690001,
        "volume": 337585,
        "typical_volume": 309584.35,
        "trend": 29.346571,
        "fair_value": 31.332149,
        "relative_strength": -44.570705,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.20994,
        "energy": 90.764616,
        "activity_lines": [
          19.614044,
          23.169954,
          25.184622,
          26.865805
        ]
      },
      {
        "date": "2024-08-30",
        "close": 20.530001,
        "volume": 560586,
        "typical_volume": 332751.85,
        "trend": 28.86601,
        "fair_value": 31.188303,
        "relative_strength": -38.81939,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.731732,
        "energy": 87.710537,
        "activity_lines": [
          19.406872,
          22.289268,
          24.632837,
          26.296994
        ]
      },
      {
        "date": "2024-09-06",
        "close": 17.67,
        "volume": 370785,
        "typical_volume": 347431.55,
        "trend": 28.278143,
        "fair_value": 31.021434,
        "relative_strength": -46.191534,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.074649,
        "energy": 87.028484,
        "activity_lines": [
          18.843334,
          21.029666,
          23.855771,
          25.574671
        ]
      },
      {
        "date": "2024-09-13",
        "close": 18.23,
        "volume": 238674,
        "typical_volume": 344291.8,
        "trend": 27.693057,
        "fair_value": 30.855365,
        "relative_strength": -44.080317,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.368055,
        "energy": 66.094795,
        "activity_lines": [
          18.65,
          20.074198,
          23.187982,
          24.926404
        ]
      },
      {
        "date": "2024-09-20",
        "close": 20.09,
        "volume": 4937277,
        "typical_volume": 563967.55,
        "trend": 27.178576,
        "fair_value": 30.696173,
        "relative_strength": -36.142337,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.692899,
        "energy": 57.650481,
        "activity_lines": [
          19.075334,
          19.650677,
          22.738937,
          24.435884
        ]
      },
      {
        "date": "2024-09-27",
        "close": 21.700001,
        "volume": 906942,
        "typical_volume": 605271.15,
        "trend": 26.698566,
        "fair_value": 30.548192,
        "relative_strength": -31.403855,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.848161,
        "energy": 45.902587,
        "activity_lines": [
          19.961334,
          19.722376,
          22.472091,
          24.082427
        ]
      },
      {
        "date": "2024-10-04",
        "close": 20.74,
        "volume": 989411,
        "typical_volume": 643476.05,
        "trend": 26.174642,
        "fair_value": 30.388299,
        "relative_strength": -33.369298,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.623349,
        "energy": 36.151828,
        "activity_lines": [
          20.326667,
          19.784602,
          22.132725,
          23.698004
        ]
      },
      {
        "date": "2024-10-11",
        "close": 22.24,
        "volume": 557086,
        "typical_volume": 657955.65,
        "trend": 25.738778,
        "fair_value": 30.236656,
        "relative_strength": -27.030354,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.635248,
        "energy": 23.734949,
        "activity_lines": [
          21.178,
          20.278546,
          21.965623,
          23.444156
        ]
      },
      {
        "date": "2024-10-18",
        "close": 21.73,
        "volume": 617641,
        "typical_volume": 679259.75,
        "trend": 25.287237,
        "fair_value": 30.098187,
        "relative_strength": -28.456228,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.691363,
        "energy": 23.793929,
        "activity_lines": [
          21.554667,
          20.646728,
          21.769321,
          23.185525
        ]
      },
      {
        "date": "2024-10-25",
        "close": 21.6,
        "volume": 507555,
        "typical_volume": 695574.1,
        "trend": 24.783375,
        "fair_value": 29.961379,
        "relative_strength": -28.007977,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.905356,
        "energy": 20.171579,
        "activity_lines": [
          21.654667,
          20.927273,
          21.58424,
          22.947639
        ]
      },
      {
        "date": "2024-11-01",
        "close": 22.67,
        "volume": 1545037,
        "typical_volume": 762649.15,
        "trend": 24.455834,
        "fair_value": 29.827233,
        "relative_strength": -22.863676,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.063015,
        "energy": 21.827266,
        "activity_lines": [
          22.010667,
          21.354182,
          21.52775,
          22.811292
        ]
      },
      {
        "date": "2024-11-08",
        "close": 25.0,
        "volume": 1496965,
        "typical_volume": 828814.0,
        "trend": 24.275129,
        "fair_value": 29.713344,
        "relative_strength": -14.271637,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 8.162982,
        "energy": 17.3992,
        "activity_lines": [
          23.078667,
          22.132364,
          21.713761,
          22.846399
        ]
      },
      {
        "date": "2024-11-15",
        "close": 24.27,
        "volume": 742572,
        "typical_volume": 855282.45,
        "trend": 24.103517,
        "fair_value": 29.591548,
        "relative_strength": -16.095146,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 2.551571,
        "energy": 18.931378,
        "activity_lines": [
          23.619333,
          22.696546,
          21.845912,
          22.846068
        ]
      },
      {
        "date": "2024-11-22",
        "close": 23.75,
        "volume": 438313,
        "typical_volume": 867602.7,
        "trend": 23.996317,
        "fair_value": 29.472157,
        "relative_strength": -18.05061,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.354899,
        "energy": 24.875338,
        "activity_lines": [
          23.851333,
          23.046182,
          21.9501,
          22.823261
        ]
      },
      {
        "date": "2024-11-29",
        "close": 24.1,
        "volume": 720587,
        "typical_volume": 883504.45,
        "trend": 23.927922,
        "fair_value": 29.348314,
        "relative_strength": -13.933794,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.711257,
        "energy": 36.692254,
        "activity_lines": [
          24.065333,
          23.359091,
          22.112082,
          22.82995
        ]
      },
      {
        "date": "2024-12-06",
        "close": 21.26,
        "volume": 1170386,
        "typical_volume": 916169.7,
        "trend": 23.780897,
        "fair_value": 29.201185,
        "relative_strength": -23.553974,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.72798,
        "energy": 13.534688,
        "activity_lines": [
          23.166,
          23.082727,
          22.037527,
          22.657826
        ]
      },
      {
        "date": "2024-12-13",
        "close": 20.879999,
        "volume": 549994,
        "typical_volume": 934223.75,
        "trend": 23.579716,
        "fair_value": 29.047256,
        "relative_strength": -23.300079,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.696504,
        "energy": 20.706434,
        "activity_lines": [
          22.234,
          22.745273,
          21.97211,
          22.470671
        ]
      },
      {
        "date": "2024-12-20",
        "close": 19.690001,
        "volume": 517799,
        "typical_volume": 910222.2,
        "trend": 23.359115,
        "fair_value": 28.881933,
        "relative_strength": -25.341616,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.912036,
        "energy": 34.067418,
        "activity_lines": [
          21.18,
          22.188909,
          21.834333,
          22.219722
        ]
      },
      {
        "date": "2024-12-27",
        "close": 20.940001,
        "volume": 218199,
        "typical_volume": 885496.5,
        "trend": 23.167568,
        "fair_value": 28.729584,
        "relative_strength": -18.481853,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.528506,
        "energy": 34.989509,
        "activity_lines": [
          20.848,
          21.906182,
          21.819095,
          22.06365
        ]
      },
      {
        "date": "2025-01-03",
        "close": 20.940001,
        "volume": 198218,
        "typical_volume": 881080.6,
        "trend": 22.958761,
        "fair_value": 28.56253,
        "relative_strength": -16.471152,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.820989,
        "energy": 39.402301,
        "activity_lines": [
          20.703334,
          21.637819,
          21.790857,
          21.919936
        ]
      },
      {
        "date": "2025-01-10",
        "close": 19.549999,
        "volume": 312742,
        "typical_volume": 879838.45,
        "trend": 22.710591,
        "fair_value": 28.381484,
        "relative_strength": -21.33525,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.843919,
        "energy": 52.502617,
        "activity_lines": [
          20.306,
          21.128727,
          21.620762,
          21.700016
        ]
      },
      {
        "date": "2025-01-17",
        "close": 21.629999,
        "volume": 630001,
        "typical_volume": 883309.2,
        "trend": 22.488605,
        "fair_value": 28.23583,
        "relative_strength": -14.416981,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.098132,
        "energy": 25.009206,
        "activity_lines": [
          20.716,
          21.054545,
          21.644667,
          21.630301
        ]
      },
      {
        "date": "2025-01-24",
        "close": 20.42,
        "volume": 544088,
        "typical_volume": 891974.35,
        "trend": 22.209357,
        "fair_value": 28.112668,
        "relative_strength": -18.453534,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.157427,
        "energy": 24.419665,
        "activity_lines": [
          20.672666,
          20.821636,
          21.548095,
          21.496842
        ]
      },
      {
        "date": "2025-01-31",
        "close": 18.82,
        "volume": 520807,
        "typical_volume": 906081.0,
        "trend": 21.873789,
        "fair_value": 27.975836,
        "relative_strength": -26.16872,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.834761,
        "energy": 33.208367,
        "activity_lines": [
          20.047333,
          20.367818,
          21.286048,
          21.278174
        ]
      },
      {
        "date": "2025-02-07",
        "close": 18.440001,
        "volume": 411104,
        "typical_volume": 679772.35,
        "trend": 21.447553,
        "fair_value": 27.841205,
        "relative_strength": -25.878,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.924829,
        "energy": 47.306544,
        "activity_lines": [
          19.436667,
          19.934546,
          20.985,
          21.056639
        ]
      },
      {
        "date": "2025-02-14",
        "close": 22.26,
        "volume": 986158,
        "typical_volume": 683733.15,
        "trend": 21.163586,
        "fair_value": 27.751835,
        "relative_strength": -12.152062,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.967493,
        "energy": 23.794425,
        "activity_lines": [
          20.266,
          20.298727,
          21.055619,
          21.109055
        ]
      },
      {
        "date": "2025-02-21",
        "close": 23.870001,
        "volume": 1112881,
        "typical_volume": 689906.65,
        "trend": 20.976436,
        "fair_value": 27.660382,
        "relative_strength": -4.181186,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 18.00187,
        "energy": 9.297742,
        "activity_lines": [
          21.451334,
          20.937455,
          21.276905,
          21.283663
        ]
      },
      {
        "date": "2025-02-28",
        "close": 23.23,
        "volume": 370209,
        "typical_volume": 680562.8,
        "trend": 21.07,
        "fair_value": 27.566632,
        "relative_strength": -2.599953,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 34.593792,
        "energy": 25.148538,
        "activity_lines": [
          22.274,
          21.405455,
          21.422333,
          21.429054
        ]
      },
      {
        "date": "2025-03-07",
        "close": 19.74,
        "volume": 553416,
        "typical_volume": 677351.55,
        "trend": 21.121,
        "fair_value": 27.459362,
        "relative_strength": -17.661168,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 11.643013,
        "energy": 17.784611,
        "activity_lines": [
          21.746,
          21.174546,
          21.230667,
          21.343247
        ]
      },
      {
        "date": "2025-03-14",
        "close": 22.879999,
        "volume": 746721,
        "typical_volume": 689309.85,
        "trend": 21.252,
        "fair_value": 27.3665,
        "relative_strength": -6.517189,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 43.566895,
        "energy": 28.115868,
        "activity_lines": [
          22.203333,
          21.536364,
          21.347524,
          21.456731
        ]
      },
      {
        "date": "2025-03-21",
        "close": 23.209999,
        "volume": 753629,
        "typical_volume": 649739.45,
        "trend": 21.402667,
        "fair_value": 27.269792,
        "relative_strength": -6.628385,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 46.446178,
        "energy": 33.132204,
        "activity_lines": [
          22.474666,
          21.922909,
          21.489714,
          21.583054
        ]
      },
      {
        "date": "2025-03-28",
        "close": 21.700001,
        "volume": 230281,
        "typical_volume": 586405.25,
        "trend": 21.441667,
        "fair_value": 27.185142,
        "relative_strength": -11.301005,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 35.369222,
        "energy": 16.561702,
        "activity_lines": [
          22.179333,
          21.968364,
          21.485524,
          21.602237
        ]
      },
      {
        "date": "2025-04-04",
        "close": 19.26,
        "volume": 814772,
        "typical_volume": 590015.25,
        "trend": 21.494667,
        "fair_value": 27.086657,
        "relative_strength": -17.502723,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -22.448886,
        "energy": 8.981285,
        "activity_lines": [
          21.215333,
          21.568909,
          21.264667,
          21.461484
        ]
      },
      {
        "date": "2025-04-11",
        "close": 19.1,
        "volume": 1087037,
        "typical_volume": 622451.45,
        "trend": 21.523667,
        "fair_value": 26.994372,
        "relative_strength": -17.667447,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.255103,
        "energy": 24.378836,
        "activity_lines": [
          20.462667,
          21.161455,
          21.052429,
          21.306989
        ]
      },
      {
        "date": "2025-04-18",
        "close": 18.299999,
        "volume": 699732,
        "typical_volume": 621408.7,
        "trend": 21.464,
        "fair_value": 26.887565,
        "relative_strength": -21.532946,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -58.211872,
        "energy": 45.592778,
        "activity_lines": [
          19.486,
          20.603454,
          20.786143,
          21.099011
        ]
      },
      {
        "date": "2025-04-25",
        "close": 19.049999,
        "volume": 555024,
        "typical_volume": 590640.6,
        "trend": 21.375667,
        "fair_value": 26.791166,
        "relative_strength": -20.794711,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.772852,
        "energy": 52.934878,
        "activity_lines": [
          19.064666,
          20.184363,
          20.618905,
          20.943269
        ]
      },
      {
        "date": "2025-05-02",
        "close": 19.549999,
        "volume": 466853,
        "typical_volume": 586483.55,
        "trend": 21.336,
        "fair_value": 26.68985,
        "relative_strength": -18.436474,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.096639,
        "energy": 52.381631,
        "activity_lines": [
          19.087333,
          19.914545,
          20.509809,
          20.825484
        ]
      },
      {
        "date": "2025-05-09",
        "close": 20.200001,
        "volume": 298042,
        "typical_volume": 575495.7,
        "trend": 21.268,
        "fair_value": 26.597918,
        "relative_strength": -16.091277,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.146926,
        "energy": 37.131176,
        "activity_lines": [
          19.47,
          19.841454,
          20.468952,
          20.752193
        ]
      },
      {
        "date": "2025-05-16",
        "close": 20.48,
        "volume": 462862,
        "typical_volume": 587728.85,
        "trend": 21.226333,
        "fair_value": 26.526107,
        "relative_strength": -15.987002,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.173685,
        "energy": 18.918235,
        "activity_lines": [
          19.883333,
          19.874363,
          20.452333,
          20.701355
        ]
      },
      {
        "date": "2025-05-23",
        "close": 18.91,
        "volume": 384342,
        "typical_volume": 597035.05,
        "trend": 21.136667,
        "fair_value": 26.434583,
        "relative_strength": -21.014744,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.429371,
        "energy": 21.135906,
        "activity_lines": [
          19.681333,
          19.608363,
          20.288381,
          20.551914
        ]
      },
      {
        "date": "2025-05-30",
        "close": 18.73,
        "volume": 1416633,
        "typical_volume": 652229.6,
        "trend": 21.005333,
        "fair_value": 26.344939,
        "relative_strength": -20.591765,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.471143,
        "energy": 26.27907,
        "activity_lines": [
          19.378667,
          19.381818,
          20.116952,
          20.396645
        ]
      },
      {
        "date": "2025-06-06",
        "close": 18.65,
        "volume": 460437,
        "typical_volume": 643751.4,
        "trend": 20.793667,
        "fair_value": 26.267222,
        "relative_strength": -19.601035,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.509888,
        "energy": 36.143776,
        "activity_lines": [
          19.070667,
          19.222182,
          19.941809,
          20.244688
        ]
      },
      {
        "date": "2025-06-13",
        "close": 18.82,
        "volume": 1452097,
        "typical_volume": 689151.85,
        "trend": 20.612,
        "fair_value": 26.196178,
        "relative_strength": -18.71399,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.254774,
        "energy": 48.247858,
        "activity_lines": [
          18.879333,
          19.148909,
          19.797048,
          20.117355
        ]
      },
      {
        "date": "2025-06-20",
        "close": 19.34,
        "volume": 1070988,
        "typical_volume": 716660.9,
        "trend": 20.465,
        "fair_value": 26.116391,
        "relative_strength": -15.522292,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.942446,
        "energy": 41.182102,
        "activity_lines": [
          18.953333,
          19.178182,
          19.709428,
          20.03529
        ]
      },
      {
        "date": "2025-06-27",
        "close": 20.610001,
        "volume": 1317425,
        "typical_volume": 761976.95,
        "trend": 20.348667,
        "fair_value": 26.053058,
        "relative_strength": -8.95236,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.665427,
        "energy": 15.178358,
        "activity_lines": [
          19.526667,
          19.434,
          19.740286,
          20.044645
        ]
      },
      {
        "date": "2025-07-04",
        "close": 20.49,
        "volume": 630736,
        "typical_volume": 744205.85,
        "trend": 20.323,
        "fair_value": 25.982464,
        "relative_strength": -11.57006,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.605572,
        "energy": 13.664763,
        "activity_lines": [
          19.946667,
          19.626,
          19.749381,
          20.053763
        ]
      },
      {
        "date": "2025-07-11",
        "close": 21.790001,
        "volume": 1343301,
        "typical_volume": 755726.85,
        "trend": 20.353333,
        "fair_value": 25.912678,
        "relative_strength": -1.353135,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 25.646288,
        "energy": 25.187603,
        "activity_lines": [
          20.682667,
          20.028182,
          19.890714,
          20.148409
        ]
      },
      {
        "date": "2025-07-18",
        "close": 21.67,
        "volume": 947498,
        "typical_volume": 784591.3,
        "trend": 20.419333,
        "fair_value": 25.833811,
        "relative_strength": 1.110399,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.058712,
        "energy": 37.071948,
        "activity_lines": [
          21.169334,
          20.367818,
          20.030524,
          20.233355
        ]
      },
      {
        "date": "2025-07-25",
        "close": 19.559999,
        "volume": 2586810,
        "typical_volume": 886261.0,
        "trend": 20.373333,
        "fair_value": 25.768844,
        "relative_strength": -7.897265,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 7.818387,
        "energy": 23.412953,
        "activity_lines": [
          20.762667,
          20.297091,
          19.97681,
          20.177914
        ]
      },
      {
        "date": "2025-08-01",
        "close": 17.940001,
        "volume": 2163743,
        "typical_volume": 957112.1,
        "trend": 20.273333,
        "fair_value": 25.697053,
        "relative_strength": -14.555025,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.023435,
        "energy": 17.762204,
        "activity_lines": [
          19.801334,
          19.948546,
          19.769667,
          20.020925
        ]
      },
      {
        "date": "2025-08-08",
        "close": 18.01,
        "volume": 3284758,
        "typical_volume": 1083668.55,
        "trend": 20.222,
        "fair_value": 25.626385,
        "relative_strength": -16.34535,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.861964,
        "energy": 32.735662,
        "activity_lines": [
          19.041333,
          19.630364,
          19.592714,
          19.874903
        ]
      },
      {
        "date": "2025-08-15",
        "close": 22.280001,
        "volume": 5366471,
        "typical_volume": 1340478.05,
        "trend": 20.243667,
        "fair_value": 25.581863,
        "relative_strength": 2.889373,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.570621,
        "energy": 11.533992,
        "activity_lines": [
          19.87,
          20.101637,
          19.847191,
          20.007678
        ]
      },
      {
        "date": "2025-08-22",
        "close": 22.49,
        "volume": 3424980,
        "typical_volume": 1470988.45,
        "trend": 20.312667,
        "fair_value": 25.55266,
        "relative_strength": 2.322356,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.525811,
        "energy": 11.710009,
        "activity_lines": [
          20.736,
          20.545091,
          20.118905,
          20.152602
        ]
      },
      {
        "date": "2025-08-29",
        "close": 22.129999,
        "volume": 2900608,
        "typical_volume": 1561667.0,
        "trend": 20.423,
        "fair_value": 25.528012,
        "relative_strength": -1.84012,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.81014,
        "energy": 40.046155,
        "activity_lines": [
          21.427333,
          20.856364,
          20.340952,
          20.26985
        ]
      },
      {
        "date": "2025-09-05",
        "close": 21.9,
        "volume": 725424,
        "typical_volume": 1562951.6,
        "trend": 20.538333,
        "fair_value": 25.503606,
        "relative_strength": -3.947339,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 27.911018,
        "energy": 41.97405,
        "activity_lines": [
          21.870667,
          21.075091,
          20.526667,
          20.36514
        ]
      },
      {
        "date": "2025-09-12",
        "close": 21.4,
        "volume": 842887,
        "typical_volume": 1577344.75,
        "trend": 20.509667,
        "fair_value": 25.484269,
        "relative_strength": -6.070005,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.72656,
        "energy": 47.461856,
        "activity_lines": [
          21.883333,
          21.179455,
          20.647619,
          20.420731
        ]
      },
      {
        "date": "2025-09-19",
        "close": 26.26,
        "volume": 1730621,
        "typical_volume": 1640533.15,
        "trend": 20.589333,
        "fair_value": 25.505951,
        "relative_strength": 12.062644,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 82.704664,
        "energy": 71.726717,
        "activity_lines": [
          23.29,
          22.150909,
          21.220238,
          20.79172
        ]
      },
      {
        "date": "2025-09-26",
        "close": 31.190001,
        "volume": 2828967,
        "typical_volume": 1767079.4,
        "trend": 20.854667,
        "fair_value": 25.563772,
        "relative_strength": 32.674363,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.177207,
        "energy": 87.060896,
        "activity_lines": [
          26.074667,
          23.937455,
          22.230429,
          21.475635
        ]
      },
      {
        "date": "2025-10-03",
        "close": 32.939999,
        "volume": 2988472,
        "typical_volume": 1893359.9,
        "trend": 21.294667,
        "fair_value": 25.637896,
        "relative_strength": 40.144225,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.124087,
        "energy": 94.256372,
        "activity_lines": [
          28.862667,
          25.869091,
          23.354952,
          22.255333
        ]
      },
      {
        "date": "2025-10-10",
        "close": 33.330002,
        "volume": 1422636,
        "typical_volume": 1945274.6,
        "trend": 21.643,
        "fair_value": 25.710905,
        "relative_strength": 44.232349,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.824803,
        "energy": 93.623908,
        "activity_lines": [
          31.060001,
          27.628364,
          24.457286,
          23.031807
        ]
      },
      {
        "date": "2025-10-17",
        "close": 33.41,
        "volume": 1844787,
        "typical_volume": 1966682.3,
        "trend": 21.983,
        "fair_value": 25.783753,
        "relative_strength": 40.741911,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.673918,
        "energy": 90.48325,
        "activity_lines": [
          32.522,
          29.122364,
          25.498572,
          23.790968
        ]
      },
      {
        "date": "2025-10-24",
        "close": 34.650002,
        "volume": 2840283,
        "typical_volume": 2085674.6,
        "trend": 22.414667,
        "fair_value": 25.848739,
        "relative_strength": 42.028948,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.865944,
        "energy": 90.525161,
        "activity_lines": [
          33.596668,
          30.561819,
          26.588048,
          24.608194
        ]
      },
      {
        "date": "2025-10-31",
        "close": 35.869999,
        "volume": 2091558,
        "typical_volume": 2117647.65,
        "trend": 22.968333,
        "fair_value": 25.932376,
        "relative_strength": 42.683672,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.286705,
        "energy": 85.861178,
        "activity_lines": [
          34.518667,
          31.998182,
          27.717524,
          25.47628
        ]
      },
      {
        "date": "2025-11-07",
        "close": 33.790001,
        "volume": 1264139,
        "typical_volume": 2127305.2,
        "trend": 23.458,
        "fair_value": 25.981559,
        "relative_strength": 30.109472,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.802877,
        "energy": 65.1377,
        "activity_lines": [
          34.435334,
          32.813091,
          28.567715,
          26.174452
        ]
      },
      {
        "date": "2025-11-14",
        "close": 31.530001,
        "volume": 1148131,
        "typical_volume": 2118840.5,
        "trend": 23.899,
        "fair_value": 26.017434,
        "relative_strength": 18.444019,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.78613,
        "energy": 58.067344,
        "activity_lines": [
          33.542001,
          33.005092,
          29.133858,
          26.695226
        ]
      },
      {
        "date": "2025-11-21",
        "close": 30.98,
        "volume": 2197117,
        "typical_volume": 2197159.55,
        "trend": 24.296667,
        "fair_value": 26.047175,
        "relative_strength": 18.391344,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.469584,
        "energy": 45.898723,
        "activity_lines": [
          32.585334,
          32.922001,
          29.595619,
          27.152065
        ]
      },
      {
        "date": "2025-11-28",
        "close": 36.130001,
        "volume": 2413994,
        "typical_volume": 2250694.2,
        "trend": 24.849334,
        "fair_value": 26.120925,
        "relative_strength": 33.800154,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.897027,
        "energy": 46.755331,
        "activity_lines": [
          33.507334,
          33.601092,
          30.497905,
          27.915506
        ]
      },
      {
        "date": "2025-12-05",
        "close": 37.880001,
        "volume": 943310,
        "typical_volume": 2250484.8,
        "trend": 25.438667,
        "fair_value": 26.210738,
        "relative_strength": 40.653248,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.160882,
        "energy": 53.136913,
        "activity_lines": [
          34.914001,
          34.41891,
          31.498572,
          28.756194
        ]
      },
      {
        "date": "2025-12-12",
        "close": 34.169998,
        "volume": 953647,
        "typical_volume": 2168826.65,
        "trend": 25.895,
        "fair_value": 26.283291,
        "relative_strength": 23.571946,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.038955,
        "energy": 45.478047,
        "activity_lines": [
          34.95,
          34.440546,
          32.068715,
          29.319506
        ]
      },
      {
        "date": "2025-12-19",
        "close": 34.400002,
        "volume": 643825,
        "typical_volume": 2092830.75,
        "trend": 26.411334,
        "fair_value": 26.365023,
        "relative_strength": 25.421111,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.213588,
        "energy": 48.774856,
        "activity_lines": [
          35.037334,
          34.481637,
          32.591191,
          29.868215
        ]
      },
      {
        "date": "2025-12-26",
        "close": 33.84,
        "volume": 519649,
        "typical_volume": 1954575.3,
        "trend": 26.915,
        "fair_value": 26.438008,
        "relative_strength": 21.033606,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.460228,
        "energy": 44.823718,
        "activity_lines": [
          34.746667,
          34.401455,
          32.981953,
          30.347484
        ]
      },
      {
        "date": "2026-01-02",
        "close": 35.43,
        "volume": 328780,
        "typical_volume": 1702690.75,
        "trend": 27.474334,
        "fair_value": 26.509569,
        "relative_strength": 26.387147,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.694525,
        "energy": 40.537871,
        "activity_lines": [
          34.795334,
          34.602546,
          33.448762,
          30.896839
        ]
      },
      {
        "date": "2026-01-09",
        "close": 41.27,
        "volume": 775201,
        "typical_volume": 1570201.8,
        "trend": 28.222667,
        "fair_value": 26.616143,
        "relative_strength": 43.278001,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.268108,
        "energy": 61.321931,
        "activity_lines": [
          36.837333,
          35.851273,
          34.409143,
          31.786882
        ]
      },
      {
        "date": "2026-01-16",
        "close": 42.330002,
        "volume": 2065564,
        "typical_volume": 1528449.6,
        "trend": 28.989,
        "fair_value": 26.731065,
        "relative_strength": 44.421576,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.24057,
        "energy": 74.607022,
        "activity_lines": [
          39.006667,
          37.194546,
          35.381048,
          32.697033
        ]
      },
      {
        "date": "2026-01-23",
        "close": 39.639999,
        "volume": 2037725,
        "typical_volume": 1594064.65,
        "trend": 29.623334,
        "fair_value": 26.837067,
        "relative_strength": 23.878292,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.616606,
        "energy": 65.690762,
        "activity_lines": [
          39.735334,
          37.893455,
          36.000572,
          33.384194
        ]
      },
      {
        "date": "2026-01-30",
        "close": 40.57,
        "volume": 1971291,
        "typical_volume": 1650484.85,
        "trend": 30.292667,
        "fair_value": 26.936545,
        "relative_strength": 24.040307,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.900789,
        "energy": 67.425745,
        "activity_lines": [
          40.424667,
          38.614,
          36.624191,
          34.09043
        ]
      },
      {
        "date": "2026-02-06",
        "close": 43.5,
        "volume": 1188441,
        "typical_volume": 1623375.85,
        "trend": 31.016334,
        "fair_value": 27.063819,
        "relative_strength": 30.595079,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.127958,
        "energy": 62.624352,
        "activity_lines": [
          41.642,
          39.692909,
          37.435572,
          34.942516
        ]
      },
      {
        "date": "2026-02-13",
        "close": 40.48,
        "volume": 923576,
        "typical_volume": 1528106.3,
        "trend": 31.643334,
        "fair_value": 27.17318,
        "relative_strength": 18.693065,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.396035,
        "energy": 48.345305,
        "activity_lines": [
          41.314667,
          40.088727,
          37.877238,
          35.553076
        ]
      },
      {
        "date": "2026-02-20",
        "close": 38.200001,
        "volume": 526703,
        "typical_volume": 1405017.85,
        "trend": 32.264667,
        "fair_value": 27.28151,
        "relative_strength": 9.468718,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.575207,
        "energy": 39.405276,
        "activity_lines": [
          40.28,
          40.022728,
          38.057524,
          35.976086
        ]
      },
      {
        "date": "2026-02-27",
        "close": 38.75,
        "volume": 2458722,
        "typical_volume": 1456822.15,
        "trend": 32.958334,
        "fair_value": 27.386637,
        "relative_strength": 11.883436,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.348213,
        "energy": 29.980503,
        "activity_lines": [
          39.704,
          39.983455,
          38.265143,
          36.394495
        ]
      },
      {
        "date": "2026-03-06",
        "close": 38.450001,
        "volume": 657877,
        "typical_volume": 1397476.65,
        "trend": 33.639667,
        "fair_value": 27.484747,
        "relative_strength": 16.161082,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.116738,
        "energy": 19.923584,
        "activity_lines": [
          39.087334,
          39.810546,
          38.418381,
          36.748796
        ]
      },
      {
        "date": "2026-03-13",
        "close": 40.400002,
        "volume": 693738,
        "typical_volume": 1290149.4,
        "trend": 34.243667,
        "fair_value": 27.578941,
        "relative_strength": 22.589846,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.785828,
        "energy": 19.4591,
        "activity_lines": [
          39.262001,
          39.908364,
          38.733334,
          37.184947
        ]
      },
      {
        "date": "2026-03-20",
        "close": 38.68,
        "volume": 613705,
        "typical_volume": 1216256.75,
        "trend": 34.783334,
        "fair_value": 27.665883,
        "relative_strength": 17.786993,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.26474,
        "energy": 16.77032,
        "activity_lines": [
          39.070001,
          39.603091,
          38.857096,
          37.471162
        ]
      },
      {
        "date": "2026-03-27",
        "close": 37.41,
        "volume": 597003,
        "typical_volume": 1182899.95,
        "trend": 35.292667,
        "fair_value": 27.731728,
        "relative_strength": 10.09835,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.951136,
        "energy": 12.756364,
        "activity_lines": [
          38.574667,
          39.114,
          38.846524,
          37.640624
        ]
      },
      {
        "date": "2026-04-03",
        "close": 43.459999,
        "volume": 684227,
        "typical_volume": 1159704.75,
        "trend": 36.011334,
        "fair_value": 27.83667,
        "relative_strength": 22.482234,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.050387,
        "energy": 28.680153,
        "activity_lines": [
          40.148667,
          39.814364,
          39.394905,
          38.167549
        ]
      },
      {
        "date": "2026-04-10",
        "close": 52.110001,
        "volume": 875077,
        "typical_volume": 1093602.75,
        "trend": 37.035,
        "fair_value": 28.006746,
        "relative_strength": 38.345179,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 78.751459,
        "energy": 61.167281,
        "activity_lines": [
          44.292,
          42.018,
          40.710286,
          39.206172
        ]
      },
      {
        "date": "2026-04-17",
        "close": 56.669998,
        "volume": 1111506,
        "typical_volume": 1028478.35,
        "trend": 38.048667,
        "fair_value": 28.207185,
        "relative_strength": 49.439697,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.126333,
        "energy": 84.161353,
        "activity_lines": [
          49.044666,
          44.840909,
          42.359333,
          40.472946
        ]
      },
      {
        "date": "2026-04-24",
        "close": 68.599998,
        "volume": 1892617,
        "typical_volume": 1075943.7,
        "trend": 39.295667,
        "fair_value": 28.484475,
        "relative_strength": 81.694486,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.502233,
        "energy": 96.385455,
        "activity_lines": [
          56.689332,
          49.593454,
          45.046762,
          42.444
        ]
      },
      {
        "date": "2026-05-01",
        "close": 77.5,
        "volume": 1393203,
        "typical_volume": 1097921.5,
        "trend": 40.781,
        "fair_value": 28.820051,
        "relative_strength": 103.697617,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.017403,
        "energy": 97.604306,
        "activity_lines": [
          65.305999,
          55.452909,
          48.435524,
          44.908796
        ]
      },
      {
        "date": "2026-05-08",
        "close": 101.620003,
        "volume": 1855579,
        "typical_volume": 1158509.2,
        "trend": 43.057334,
        "fair_value": 29.320978,
        "relative_strength": 161.73905,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 99.1011,
        "energy": 99.54353,
        "activity_lines": [
          79.29,
          64.983273,
          53.915095,
          48.833893
        ]
      },
      {
        "date": "2026-05-15",
        "close": 90.809998,
        "volume": 1713264,
        "typical_volume": 1218189.95,
        "trend": 44.970667,
        "fair_value": 29.745663,
        "relative_strength": 135.072854,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.206382,
        "energy": 93.630355,
        "activity_lines": [
          85.793333,
          71.405091,
          58.045048,
          51.91471
        ]
      },
      {
        "date": "2026-05-22",
        "close": 100.610001,
        "volume": 1296240,
        "typical_volume": 1266562.95,
        "trend": 47.169334,
        "fair_value": 30.238915,
        "relative_strength": 152.367784,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.980132,
        "energy": 94.788949,
        "activity_lines": [
          92.983334,
          78.656727,
          62.837048,
          55.504344
        ]
      },
      {
        "date": "2026-05-29",
        "close": 98.489998,
        "volume": 934483,
        "typical_volume": 1274527.05,
        "trend": 49.256667,
        "fair_value": 30.707527,
        "relative_strength": 141.659604,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.239063,
        "energy": 86.466091,
        "activity_lines": [
          96.537333,
          84.428181,
          67.116762,
          58.815355
        ]
      },
      {
        "date": "2026-06-05",
        "close": 84.720001,
        "volume": 453153,
        "typical_volume": 1193906.5,
        "trend": 50.954333,
        "fair_value": 31.090458,
        "relative_strength": 107.539672,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.770539,
        "energy": 67.079038,
        "activity_lines": [
          93.508667,
          86.608545,
          69.812571,
          61.103312
        ]
      },
      {
        "date": "2026-06-12",
        "close": 106.870003,
        "volume": 266746,
        "typical_volume": 1105357.55,
        "trend": 53.465667,
        "fair_value": 31.588981,
        "relative_strength": 148.908371,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.41863,
        "energy": 71.631094,
        "activity_lines": [
          97.382001,
          91.956,
          74.416048,
          64.710774
        ]
      },
      {
        "date": "2026-06-19",
        "close": 115.800003,
        "volume": 355397,
        "typical_volume": 1024562.85,
        "trend": 56.293,
        "fair_value": 32.163944,
        "relative_strength": 162.801832,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.972931,
        "energy": 72.184357,
        "activity_lines": [
          103.882002,
          97.774183,
          79.549858,
          68.732344
        ]
      },
      {
        "date": "2026-06-26",
        "close": 109.5,
        "volume": 278719,
        "typical_volume": 979076.75,
        "trend": 58.738667,
        "fair_value": 32.697702,
        "relative_strength": 133.470318,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.022727,
        "energy": 66.727758,
        "activity_lines": [
          106.616001,
          101.28891,
          83.725429,
          72.165054
        ]
      },
      {
        "date": "2026-07-03",
        "close": 105.050003,
        "volume": 54775,
        "typical_volume": 935636.7,
        "trend": 60.977667,
        "fair_value": 33.207796,
        "relative_strength": 115.714338,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.693894,
        "energy": 65.127204,
        "activity_lines": [
          107.274002,
          103.034001,
          87.162905,
          75.152882
        ]
      },
      {
        "date": "2026-07-10",
        "close": 94.0,
        "volume": 2638598,
        "typical_volume": 1041231.45,
        "trend": 62.972,
        "fair_value": 33.643521,
        "relative_strength": 84.439954,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.142976,
        "energy": 56.873388,
        "activity_lines": [
          103.811335,
          102.107274,
          89.240524,
          77.283355
        ]
      },
      {
        "date": "2026-07-17",
        "close": 81.129997,
        "volume": 4536060,
        "typical_volume": 1145098.35,
        "trend": 64.529667,
        "fair_value": 33.992326,
        "relative_strength": 59.727209,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.26654,
        "energy": 33.948066,
        "activity_lines": [
          95.44,
          98.540546,
          89.826715,
          78.454839
        ]
      },
      {
        "date": "2026-07-24",
        "close": 77.709999,
        "volume": 2789340,
        "typical_volume": 1251671.5,
        "trend": 65.992,
        "fair_value": 34.307651,
        "relative_strength": 49.7508,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.06301,
        "energy": 26.11946,
        "activity_lines": [
          87.644666,
          94.724546,
          89.885381,
          79.305183
        ]
      },
      {
        "date": "2026-07-31",
        "close": 76.3,
        "volume": 3236505,
        "typical_volume": 1378809.85,
        "trend": 67.354334,
        "fair_value": 34.616532,
        "relative_strength": 41.096863,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.771296,
        "energy": 26.031518,
        "activity_lines": [
          81.918666,
          90.890364,
          89.62281,
          79.970215
        ]
      },
      {
        "date": "2026-08-07",
        "close": 85.800003,
        "volume": 1859103,
        "typical_volume": 1441079.75,
        "trend": 68.838667,
        "fair_value": 34.986058,
        "relative_strength": 60.01475,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.910212,
        "energy": 23.432219,
        "activity_lines": [
          81.572667,
          89.225455,
          90.094048,
          81.160258
        ]
      }
    ],
    "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."
    }
  }
}