{
  "ticker": {
    "uuid": "dc2f53f7-ab07-4258-91f7-b40941625dd5",
    "symbol": "XUT7",
    "name": "Xtrackers II US Treasuries 3-7 UCITS ETF 1D",
    "exchange": "LSE",
    "country": "GB",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^FTSE",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 83.094,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -50.01,
    "architecture_energy": 39.008,
    "architecture_maturity": 12.155,
    "architecture_confidence": 88.886,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 41.68,
        "rotation_up": 14.37,
        "upward_expansion": 6.48,
        "deceleration": 43.56,
        "rotation_down": 53.23,
        "downward_expansion": 77.48
      },
      "activity_lines": [
        33.381833,
        33.418455,
        33.434226,
        33.469033
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 33.447498,
    "trend_reference": 33.512618,
    "distance_from_trend": -0.001943,
    "trend_direction": "Weakening",
    "fair_value": 32.148249,
    "distance_from_fair_value": 0.040414,
    "fair_value_direction": "Weakening",
    "relative_strength": -7.87575,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.003855,
    "excess_performance": -0.05509,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.001943,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.000505,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.040414,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.007384,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.078757,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.028296,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.003855,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.332721,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 182,
      "relative_activity": 0.25492,
      "balance": 1.332721,
      "dry_up": 0.442258,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.004991,
      "annualized_volatility": 0.034536,
      "from_high_reference": -0.014221,
      "from_low_reference": 0.019206
    },
    "levels": {
      "trend_reference": 33.512618,
      "fair_value_reference": 32.148249,
      "structural_low": 33.139999,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": -0.005971,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.023678,
        "regime_survival": 1.0,
        "best_return": -0.005971,
        "worst_return": -0.005971,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-13",
        "end": "2026-01-23",
        "tenure": "Extended",
        "return": 0.032773,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-01-30",
        "end": "2026-02-06",
        "tenure": "New",
        "return": 0.001541,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-02-13",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.013822,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-05-22",
        "tenure": "Developing",
        "return": -0.002475,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-05-29",
        "end": "2026-06-05",
        "tenure": "New",
        "return": -0.006863,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-12",
        "end": "2026-06-26",
        "tenure": "New",
        "return": 0.005757,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-03",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.001493,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-12-08",
        "close": 30.106464,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 30.61956,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 30.728004,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 30.746866,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 30.61956,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 30.805801,
        "volume": 101,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 30.511114,
        "volume": 2500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 30.560621,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 30.640776,
        "volume": 6005,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 30.456888,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 30.275358,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 30.320152,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 30.473391,
        "volume": 500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 30.659636,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 30.348442,
        "volume": 5,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 30.53233,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 30.558262,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 30.376734,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 30.148052,
        "volume": 1360,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 30.051395,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 30.046679,
        "volume": 340,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 30.32251,
        "volume": 9231,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 30.317795,
        "volume": 340,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 30.456888,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 30.353157,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 30.395592,
        "volume": 3886,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 30.506395,
        "volume": 1294,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 30.803444,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 30.74922,
        "volume": 684,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 30.751581,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 30.895391,
        "volume": 342,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 31.039198,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 31.025055,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 31.126425,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 31.744097,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 31.661587,
        "volume": 342,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 31.583792,
        "volume": 342,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 31.798344,
        "volume": 684,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 31.784014,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 32.09684,
        "volume": 684,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 32.189972,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 32.077732,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 32.111164,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 31.786404,
        "volume": 20151,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 31.688492,
        "volume": 22861,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 31.712374,
        "volume": 1559,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 31.549986,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 31.344624,
        "volume": 3842,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 31.385218,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 31.203733,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 31.263432,
        "volume": 648,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 31.530884,
        "volume": 208,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 31.645508,
        "volume": 1026,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 31.432983,
        "volume": 1368,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 31.282539,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 31.258656,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 31.306416,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 31.105825,
        "volume": 742,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 31.301641,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 31.344624,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 31.50462,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 31.478352,
        "volume": 5172,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 31.561928,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 31.588673,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 31.983654,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 32.044231,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 31.969112,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 32.070889,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 32.129044,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 32.628216,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 31.913382,
        "volume": 3500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-18",
        "close": 32.344707,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-25",
        "close": 32.351978,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-02",
        "close": 32.354401,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-09",
        "close": 32.313206,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-16",
        "close": 32.209007,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-23",
        "close": 32.204163,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-30",
        "close": 32.371361,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-06",
        "close": 32.225971,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-13",
        "close": 32.344707,
        "volume": 0,
        "typical_volume": 433.6,
        "trend": 31.83547,
        "fair_value": 31.26389,
        "relative_strength": -3.415171,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.750675,
        "energy": 37.525875,
        "activity_lines": [
          32.290589,
          32.286859,
          32.217076,
          32.05078
        ]
      },
      {
        "date": "2025-06-20",
        "close": 32.444057,
        "volume": 0,
        "typical_volume": 433.6,
        "trend": 31.874824,
        "fair_value": 31.27846,
        "relative_strength": -2.262966,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.848714,
        "energy": 44.124786,
        "activity_lines": [
          32.348261,
          32.319726,
          32.251788,
          32.090044
        ]
      },
      {
        "date": "2025-06-27",
        "close": 32.691223,
        "volume": 0,
        "typical_volume": 175.0,
        "trend": 31.913502,
        "fair_value": 31.295689,
        "relative_strength": -1.763622,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.916784,
        "energy": 57.25642,
        "activity_lines": [
          32.472651,
          32.387884,
          32.305566,
          32.142715
        ]
      },
      {
        "date": "2025-07-04",
        "close": 32.553101,
        "volume": 0,
        "typical_volume": 175.0,
        "trend": 31.943756,
        "fair_value": 31.310839,
        "relative_strength": -2.406894,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.121179,
        "energy": 69.217412,
        "activity_lines": [
          32.51853,
          32.424628,
          32.340415,
          32.183979
        ]
      },
      {
        "date": "2025-07-11",
        "close": 32.516754,
        "volume": 0,
        "typical_volume": 175.0,
        "trend": 31.979881,
        "fair_value": 31.325195,
        "relative_strength": -3.743751,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.221178,
        "energy": 78.848843,
        "activity_lines": [
          32.540178,
          32.451107,
          32.367081,
          32.220947
        ]
      },
      {
        "date": "2025-07-18",
        "close": 32.570065,
        "volume": 0,
        "typical_volume": 175.0,
        "trend": 32.022799,
        "fair_value": 31.33984,
        "relative_strength": -4.043867,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.77526,
        "energy": 82.262931,
        "activity_lines": [
          32.56021,
          32.484327,
          32.394406,
          32.259023
        ]
      },
      {
        "date": "2025-07-25",
        "close": 32.574909,
        "volume": 0,
        "typical_volume": 175.0,
        "trend": 32.066674,
        "fair_value": 31.354201,
        "relative_strength": -5.289369,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.707966,
        "energy": 72.660795,
        "activity_lines": [
          32.566833,
          32.513758,
          32.419399,
          32.294643
        ]
      },
      {
        "date": "2025-08-01",
        "close": 32.851154,
        "volume": 0,
        "typical_volume": 175.0,
        "trend": 32.118165,
        "fair_value": 31.371408,
        "relative_strength": -3.8138,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.691401,
        "energy": 85.175143,
        "activity_lines": [
          32.656814,
          32.586762,
          32.468174,
          32.345255
        ]
      },
      {
        "date": "2025-08-08",
        "close": 32.839039,
        "volume": 0,
        "typical_volume": 175.0,
        "trend": 32.175939,
        "fair_value": 31.388085,
        "relative_strength": -4.005437,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.952531,
        "energy": 83.67111,
        "activity_lines": [
          32.732095,
          32.6458,
          32.511596,
          32.391763
        ]
      },
      {
        "date": "2025-08-15",
        "close": 32.868114,
        "volume": 2000,
        "typical_volume": 275.0,
        "trend": 32.228155,
        "fair_value": 31.404715,
        "relative_strength": -4.274991,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.654157,
        "energy": 86.854638,
        "activity_lines": [
          32.798005,
          32.701621,
          32.554128,
          32.436419
        ]
      },
      {
        "date": "2025-08-22",
        "close": 32.974186,
        "volume": 0,
        "typical_volume": 275.0,
        "trend": 32.282473,
        "fair_value": 31.422154,
        "relative_strength": -5.710727,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.764856,
        "energy": 92.064148,
        "activity_lines": [
          32.875848,
          32.765052,
          32.603244,
          32.48455
        ]
      },
      {
        "date": "2025-08-29",
        "close": 33.065212,
        "volume": 0,
        "typical_volume": 100.0,
        "trend": 32.334493,
        "fair_value": 31.440209,
        "relative_strength": -3.974202,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.48138,
        "energy": 93.061941,
        "activity_lines": [
          32.957092,
          32.833589,
          32.65938,
          32.53505
        ]
      },
      {
        "date": "2025-09-05",
        "close": 33.281712,
        "volume": 0,
        "typical_volume": 100.0,
        "trend": 32.394605,
        "fair_value": 31.460225,
        "relative_strength": -3.411829,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.732571,
        "energy": 96.694592,
        "activity_lines": [
          33.077816,
          32.930196,
          32.730652,
          32.59616
        ]
      },
      {
        "date": "2025-09-12",
        "close": 33.227589,
        "volume": 4435,
        "typical_volume": 321.75,
        "trend": 32.450127,
        "fair_value": 31.479229,
        "relative_strength": -4.195572,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.179719,
        "energy": 93.044312,
        "activity_lines": [
          33.151794,
          33.006225,
          32.792306,
          32.649901
        ]
      },
      {
        "date": "2025-09-19",
        "close": 33.180843,
        "volume": 65,
        "typical_volume": 325.0,
        "trend": 32.5032,
        "fair_value": 31.497332,
        "relative_strength": -3.491219,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.382999,
        "energy": 87.534176,
        "activity_lines": [
          33.184288,
          33.061493,
          32.845339,
          32.697044
        ]
      },
      {
        "date": "2025-09-26",
        "close": 33.148865,
        "volume": 0,
        "typical_volume": 325.0,
        "trend": 32.54204,
        "fair_value": 31.514716,
        "relative_strength": -4.148629,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.989753,
        "energy": 84.491689,
        "activity_lines": [
          33.185273,
          33.098871,
          32.891391,
          32.7387
        ]
      },
      {
        "date": "2025-10-03",
        "close": 33.227589,
        "volume": 0,
        "typical_volume": 325.0,
        "trend": 32.581485,
        "fair_value": 31.532559,
        "relative_strength": -5.847151,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.800648,
        "energy": 73.924075,
        "activity_lines": [
          33.200855,
          33.14004,
          32.940961,
          32.782929
        ]
      },
      {
        "date": "2025-10-10",
        "close": 33.308777,
        "volume": 0,
        "typical_volume": 325.0,
        "trend": 32.626141,
        "fair_value": 31.55087,
        "relative_strength": -4.827671,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.342044,
        "energy": 70.369228,
        "activity_lines": [
          33.232674,
          33.184103,
          32.993413,
          32.829851
        ]
      },
      {
        "date": "2025-10-17",
        "close": 33.444088,
        "volume": 0,
        "typical_volume": 325.0,
        "trend": 32.671914,
        "fair_value": 31.570189,
        "relative_strength": -3.586998,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.058897,
        "energy": 73.623374,
        "activity_lines": [
          33.307793,
          33.244448,
          33.053492,
          32.882622
        ]
      },
      {
        "date": "2025-10-24",
        "close": 33.443104,
        "volume": 0,
        "typical_volume": 325.0,
        "trend": 32.715716,
        "fair_value": 31.589107,
        "relative_strength": -6.324723,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.134209,
        "energy": 71.936095,
        "activity_lines": [
          33.36815,
          33.293612,
          33.108369,
          32.932376
        ]
      },
      {
        "date": "2025-10-31",
        "close": 33.301395,
        "volume": 0,
        "typical_volume": 325.0,
        "trend": 32.738155,
        "fair_value": 31.60623,
        "relative_strength": -7.214119,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.728523,
        "energy": 68.142484,
        "activity_lines": [
          33.363787,
          33.306558,
          33.143954,
          32.970162
        ]
      },
      {
        "date": "2025-11-07",
        "close": 33.404724,
        "volume": 0,
        "typical_volume": 325.0,
        "trend": 32.787867,
        "fair_value": 31.624037,
        "relative_strength": -6.379163,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.939768,
        "energy": 68.519592,
        "activity_lines": [
          33.383698,
          33.332341,
          33.184824,
          33.013166
        ]
      },
      {
        "date": "2025-11-14",
        "close": 33.3629,
        "volume": 0,
        "typical_volume": 325.0,
        "trend": 32.821806,
        "fair_value": 31.641084,
        "relative_strength": -6.438932,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.429679,
        "energy": 64.336877,
        "activity_lines": [
          33.377858,
          33.344346,
          33.217136,
          33.050265
        ]
      },
      {
        "date": "2025-11-21",
        "close": 33.520355,
        "volume": 2150,
        "typical_volume": 432.5,
        "trend": 32.860752,
        "fair_value": 31.65933,
        "relative_strength": -4.298329,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.611445,
        "energy": 69.478271,
        "activity_lines": [
          33.420896,
          33.383504,
          33.261245,
          33.095333
        ]
      },
      {
        "date": "2025-11-28",
        "close": 33.554798,
        "volume": 0,
        "typical_volume": 432.5,
        "trend": 32.900766,
        "fair_value": 31.677556,
        "relative_strength": -5.807823,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.404607,
        "energy": 70.717563,
        "activity_lines": [
          33.47033,
          33.423601,
          33.304029,
          33.14011
        ]
      },
      {
        "date": "2025-12-05",
        "close": 33.444088,
        "volume": 0,
        "typical_volume": 432.5,
        "trend": 32.938462,
        "fair_value": 31.69438,
        "relative_strength": -5.425758,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.405822,
        "energy": 64.691361,
        "activity_lines": [
          33.475415,
          33.43677,
          33.331326,
          33.175163
        ]
      },
      {
        "date": "2025-12-12",
        "close": 33.417027,
        "volume": 182,
        "typical_volume": 441.6,
        "trend": 32.978729,
        "fair_value": 31.710631,
        "relative_strength": -5.164613,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.813786,
        "energy": 63.806569,
        "activity_lines": [
          33.461966,
          33.439651,
          33.351884,
          33.206038
        ]
      },
      {
        "date": "2025-12-19",
        "close": 33.525276,
        "volume": 4359,
        "typical_volume": 659.55,
        "trend": 33.022766,
        "fair_value": 31.72759,
        "relative_strength": -7.009166,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.077956,
        "energy": 65.094344,
        "activity_lines": [
          33.48378,
          33.458769,
          33.378741,
          33.241299
        ]
      },
      {
        "date": "2025-12-26",
        "close": 33.488369,
        "volume": 364,
        "typical_volume": 677.75,
        "trend": 33.06,
        "fair_value": 31.743894,
        "relative_strength": -6.642025,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.971183,
        "energy": 57.165152,
        "activity_lines": [
          33.482467,
          33.467241,
          33.398872,
          33.271338
        ]
      },
      {
        "date": "2026-01-02",
        "close": 33.510513,
        "volume": 0,
        "typical_volume": 577.75,
        "trend": 33.102818,
        "fair_value": 31.760101,
        "relative_strength": -7.119206,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.435959,
        "energy": 55.419295,
        "activity_lines": [
          33.490667,
          33.478933,
          33.418021,
          33.300404
        ]
      },
      {
        "date": "2026-01-09",
        "close": 33.525276,
        "volume": 3774,
        "typical_volume": 766.45,
        "trend": 33.14217,
        "fair_value": 31.776148,
        "relative_strength": -8.447348,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.212635,
        "energy": 57.414141,
        "activity_lines": [
          33.506741,
          33.492084,
          33.435517,
          33.327659
        ]
      },
      {
        "date": "2026-01-16",
        "close": 33.45639,
        "volume": 180,
        "typical_volume": 775.45,
        "trend": 33.175914,
        "fair_value": 31.791286,
        "relative_strength": -9.425413,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.262515,
        "energy": 48.897477,
        "activity_lines": [
          33.49444,
          33.48864,
          33.443828,
          33.347931
        ]
      },
      {
        "date": "2026-01-23",
        "close": 33.404724,
        "volume": 362,
        "typical_volume": 793.55,
        "trend": 33.199698,
        "fair_value": 31.805691,
        "relative_strength": -8.554287,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.644128,
        "energy": 35.996168,
        "activity_lines": [
          33.462294,
          33.474863,
          33.445356,
          33.362693
        ]
      },
      {
        "date": "2026-01-30",
        "close": 33.525276,
        "volume": 370,
        "typical_volume": 590.3,
        "trend": 33.232104,
        "fair_value": 31.820909,
        "relative_strength": -8.771437,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.304384,
        "energy": 38.698469,
        "activity_lines": [
          33.478367,
          33.482244,
          33.457779,
          33.383698
        ]
      },
      {
        "date": "2026-02-06",
        "close": 33.576939,
        "volume": 4009,
        "typical_volume": 787.5,
        "trend": 33.267443,
        "fair_value": 31.836313,
        "relative_strength": -9.736387,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 72.905803,
        "energy": 45.879941,
        "activity_lines": [
          33.509202,
          33.498928,
          33.473704,
          33.405946
        ]
      },
      {
        "date": "2026-02-13",
        "close": 33.837719,
        "volume": 0,
        "typical_volume": 787.5,
        "trend": 33.309698,
        "fair_value": 31.853716,
        "relative_strength": -9.520402,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.349261,
        "energy": 76.431225,
        "activity_lines": [
          33.622534,
          33.562625,
          33.51258,
          33.442738
        ]
      },
      {
        "date": "2026-02-20",
        "close": 33.8125,
        "volume": 183,
        "typical_volume": 796.65,
        "trend": 33.350951,
        "fair_value": 31.870602,
        "relative_strength": -11.392122,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.887914,
        "energy": 94.522391,
        "activity_lines": [
          33.706631,
          33.614579,
          33.545774,
          33.475176
        ]
      },
      {
        "date": "2026-02-27",
        "close": 33.985001,
        "volume": 366,
        "typical_volume": 814.95,
        "trend": 33.388746,
        "fair_value": 31.888674,
        "relative_strength": -12.523129,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.582617,
        "energy": 97.813412,
        "activity_lines": [
          33.824488,
          33.690707,
          33.592611,
          33.516083
        ]
      },
      {
        "date": "2026-03-06",
        "close": 33.727501,
        "volume": 0,
        "typical_volume": 814.95,
        "trend": 33.418362,
        "fair_value": 31.904257,
        "relative_strength": -7.697959,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.091898,
        "energy": 88.16306,
        "activity_lines": [
          33.817826,
          33.711658,
          33.611704,
          33.537938
        ]
      },
      {
        "date": "2026-03-13",
        "close": 33.540001,
        "volume": 3971,
        "typical_volume": 1013.5,
        "trend": 33.440758,
        "fair_value": 31.918003,
        "relative_strength": -7.782953,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.376899,
        "energy": 56.444449,
        "activity_lines": [
          33.735182,
          33.69417,
          33.61159,
          33.545786
        ]
      },
      {
        "date": "2026-03-20",
        "close": 33.369999,
        "volume": 360,
        "typical_volume": 1031.5,
        "trend": 33.453952,
        "fair_value": 31.930103,
        "relative_strength": -4.900602,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 12.533375,
        "energy": 13.741555,
        "activity_lines": [
          33.598334,
          33.645237,
          33.594825,
          33.541221
        ]
      },
      {
        "date": "2026-03-27",
        "close": 33.3325,
        "volume": 0,
        "typical_volume": 1031.5,
        "trend": 33.462861,
        "fair_value": 31.941693,
        "relative_strength": -5.286794,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -7.22843,
        "energy": 29.022844,
        "activity_lines": [
          33.480167,
          33.592309,
          33.574161,
          33.533385
        ]
      },
      {
        "date": "2026-04-03",
        "close": 33.52,
        "volume": 0,
        "typical_volume": 1031.5,
        "trend": 33.470804,
        "fair_value": 31.95463,
        "relative_strength": -8.615888,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -8.254512,
        "energy": 30.89378,
        "activity_lines": [
          33.4565,
          33.575724,
          33.571698,
          33.537071
        ]
      },
      {
        "date": "2026-04-10",
        "close": 33.5825,
        "volume": 0,
        "typical_volume": 924.0,
        "trend": 33.482635,
        "fair_value": 31.967865,
        "relative_strength": -9.447926,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.546523,
        "energy": 24.014172,
        "activity_lines": [
          33.484667,
          33.568407,
          33.57444,
          33.544278
        ]
      },
      {
        "date": "2026-04-17",
        "close": 33.724998,
        "volume": 3871,
        "typical_volume": 1117.55,
        "trend": 33.500773,
        "fair_value": 31.982035,
        "relative_strength": -9.263135,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.405909,
        "energy": 16.970529,
        "activity_lines": [
          33.569999,
          33.585958,
          33.590457,
          33.559914
        ]
      },
      {
        "date": "2026-04-24",
        "close": 33.612499,
        "volume": 3839,
        "typical_volume": 1309.5,
        "trend": 33.516228,
        "fair_value": 31.995079,
        "relative_strength": -6.740177,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.426883,
        "energy": 21.855427,
        "activity_lines": [
          33.605499,
          33.580363,
          33.594949,
          33.567122
        ]
      },
      {
        "date": "2026-05-01",
        "close": 33.544998,
        "volume": 3847,
        "typical_volume": 1492.75,
        "trend": 33.526808,
        "fair_value": 32.00738,
        "relative_strength": -6.518139,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.617388,
        "energy": 20.749162,
        "activity_lines": [
          33.602332,
          33.56659,
          33.592211,
          33.568978
        ]
      },
      {
        "date": "2026-05-08",
        "close": 33.549999,
        "volume": 184,
        "typical_volume": 1284.0,
        "trend": 33.534849,
        "fair_value": 32.019526,
        "relative_strength": -5.046158,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.1684,
        "energy": 18.000752,
        "activity_lines": [
          33.586665,
          33.55859,
          33.589339,
          33.570474
        ]
      },
      {
        "date": "2026-05-15",
        "close": 33.264999,
        "volume": 185,
        "typical_volume": 1275.05,
        "trend": 33.528879,
        "fair_value": 32.029257,
        "relative_strength": -5.269328,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -34.449853,
        "energy": 38.128715,
        "activity_lines": [
          33.473999,
          33.506681,
          33.559207,
          33.553065
        ]
      },
      {
        "date": "2026-05-22",
        "close": 33.25,
        "volume": 0,
        "typical_volume": 1275.05,
        "trend": 33.522442,
        "fair_value": 32.03872,
        "relative_strength": -7.49576,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -45.466161,
        "energy": 58.523053,
        "activity_lines": [
          33.377499,
          33.460454,
          33.528711,
          33.535073
        ]
      },
      {
        "date": "2026-05-29",
        "close": 33.514999,
        "volume": 549,
        "typical_volume": 1113.8,
        "trend": 33.529562,
        "fair_value": 32.050076,
        "relative_strength": -6.000321,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.641756,
        "energy": 48.107611,
        "activity_lines": [
          33.400999,
          33.467681,
          33.524692,
          33.534592
        ]
      },
      {
        "date": "2026-06-05",
        "close": 33.285,
        "volume": 183,
        "typical_volume": 1113.95,
        "trend": 33.525571,
        "fair_value": 32.059503,
        "relative_strength": -6.044434,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -70.284438,
        "energy": 69.105094,
        "activity_lines": [
          33.354333,
          33.430454,
          33.498818,
          33.518814
        ]
      },
      {
        "date": "2026-06-12",
        "close": 33.439999,
        "volume": 0,
        "typical_volume": 1095.85,
        "trend": 33.528141,
        "fair_value": 32.069961,
        "relative_strength": -6.297576,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.138241,
        "energy": 49.546265,
        "activity_lines": [
          33.376666,
          33.422272,
          33.488522,
          33.513293
        ]
      },
      {
        "date": "2026-06-19",
        "close": 33.422501,
        "volume": 0,
        "typical_volume": 1077.35,
        "trend": 33.52488,
        "fair_value": 32.080131,
        "relative_strength": -5.114069,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.227268,
        "energy": 29.366368,
        "activity_lines": [
          33.4005,
          33.412363,
          33.476392,
          33.506478
        ]
      },
      {
        "date": "2026-06-26",
        "close": 33.6325,
        "volume": 178,
        "typical_volume": 885.8,
        "trend": 33.52747,
        "fair_value": 32.091715,
        "relative_strength": -5.557681,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -16.028201,
        "energy": 9.625624,
        "activity_lines": [
          33.483833,
          33.443545,
          33.484751,
          33.513421
        ]
      },
      {
        "date": "2026-07-03",
        "close": 33.497501,
        "volume": 0,
        "typical_volume": 885.8,
        "trend": 33.52925,
        "fair_value": 32.102129,
        "relative_strength": -7.1517,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.325281,
        "energy": 19.232601,
        "activity_lines": [
          33.496667,
          33.451864,
          33.479988,
          33.511488
        ]
      },
      {
        "date": "2026-07-10",
        "close": 33.435001,
        "volume": 180,
        "typical_volume": 885.65,
        "trend": 33.529849,
        "fair_value": 32.111929,
        "relative_strength": -5.477783,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.252001,
        "energy": 19.530024,
        "activity_lines": [
          33.489834,
          33.450909,
          33.470893,
          33.505407
        ]
      },
      {
        "date": "2026-07-17",
        "close": 33.497501,
        "volume": 180,
        "typical_volume": 876.35,
        "trend": 33.528923,
        "fair_value": 32.122043,
        "relative_strength": -5.974204,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.749593,
        "energy": 17.713886,
        "activity_lines": [
          33.493834,
          33.463319,
          33.469548,
          33.50332
        ]
      },
      {
        "date": "2026-07-24",
        "close": 33.290001,
        "volume": 540,
        "typical_volume": 903.35,
        "trend": 33.522311,
        "fair_value": 32.130506,
        "relative_strength": -7.489282,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -62.049343,
        "energy": 30.959353,
        "activity_lines": [
          33.424834,
          33.438955,
          33.450762,
          33.487906
        ]
      },
      {
        "date": "2026-07-31",
        "close": 33.297501,
        "volume": 361,
        "typical_volume": 722.85,
        "trend": 33.515211,
        "fair_value": 32.138902,
        "relative_strength": -8.297462,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -60.83748,
        "energy": 49.210094,
        "activity_lines": [
          33.367168,
          33.415501,
          33.434774,
          33.473402
        ]
      },
      {
        "date": "2026-08-07",
        "close": 33.447498,
        "volume": 182,
        "typical_volume": 713.95,
        "trend": 33.512618,
        "fair_value": 32.148249,
        "relative_strength": -7.87575,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.009718,
        "energy": 39.007708,
        "activity_lines": [
          33.381833,
          33.418455,
          33.434226,
          33.469033
        ]
      }
    ],
    "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."
    }
  }
}