{
  "ticker": {
    "uuid": "e0450268-5a3b-4e6e-8c63-a9056e309ded",
    "symbol": "XIJN",
    "name": "FT VEST U.S. EQUITY BUFFER & PREMIUM INCOME ETF - JUNE",
    "exchange": "CBOE",
    "country": "US",
    "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": "SPY",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 87.392,
    "architecture_energy": 66.623,
    "architecture_maturity": 6.64,
    "architecture_confidence": 67.384,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 29.15,
        "rotation_up": 65.1,
        "upward_expansion": 80.97,
        "deceleration": 62.08,
        "rotation_down": 19.41,
        "downward_expansion": 9.97
      },
      "activity_lines": [
        30.624758,
        30.564606,
        30.510753,
        30.403264
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Stable",
      "price_acceptance": 0.5
    },
    "latest_close": 30.805,
    "trend_reference": 30.250506,
    "distance_from_trend": 0.01833,
    "trend_direction": "Improving",
    "fair_value": 28.761033,
    "distance_from_fair_value": 0.071067,
    "fair_value_direction": "Improving",
    "relative_strength": -8.246751,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.029709,
    "excess_performance": -0.095916,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.01833,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.010288,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.071067,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.00424,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.082468,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.000558,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.029709,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.384063,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 25615,
      "relative_activity": 0.538098,
      "balance": 2.384063,
      "dry_up": 0.464683,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.003932,
      "annualized_volatility": 0.018782,
      "from_high_reference": 0.0,
      "from_low_reference": 0.062345
    },
    "levels": {
      "trend_reference": 30.250506,
      "fair_value_reference": 28.761033,
      "structural_low": 29.83738,
      "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": 7,
        "median_return": 0.002565,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": -0.001827,
        "regime_survival": 1.0,
        "best_return": 0.016979,
        "worst_return": -0.003087,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.006781,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.000787,
        "regime_survival": 0.5,
        "best_return": 0.009178,
        "worst_return": 0.004385,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.021808,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.074182,
        "regime_survival": 1.0,
        "best_return": 0.021808,
        "worst_return": 0.021808,
        "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": "2026-01-02",
        "end": "2026-03-27",
        "tenure": "Established",
        "return": 0.002548,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-03",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.006211,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-17",
        "end": "2026-07-17",
        "tenure": "Established",
        "return": 0.004385,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-24",
        "end": "2026-07-31",
        "tenure": "New",
        "return": 0.006501,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2024-06-28",
        "close": 26.727663,
        "volume": 19999,
        "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": 26.841938,
        "volume": 9672,
        "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": 26.898944,
        "volume": 13369,
        "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": 26.7942,
        "volume": 4141,
        "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": 26.827512,
        "volume": 45528,
        "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": 26.719932,
        "volume": 50221,
        "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": 26.753337,
        "volume": 25886,
        "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": 27.049144,
        "volume": 12262,
        "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": 27.105932,
        "volume": 15015,
        "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": 27.175994,
        "volume": 7134,
        "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": 26.93524,
        "volume": 25134,
        "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": 27.220539,
        "volume": 12414,
        "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": 27.303177,
        "volume": 3326,
        "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": 27.322444,
        "volume": 7125,
        "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": 27.2762,
        "volume": 82586,
        "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": 27.332537,
        "volume": 5381,
        "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": 27.399804,
        "volume": 17948,
        "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": 27.366037,
        "volume": 6883,
        "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": 27.347999,
        "volume": 8693,
        "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": 27.548031,
        "volume": 8460,
        "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": 27.503361,
        "volume": 2482,
        "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": 27.548031,
        "volume": 21375,
        "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": 27.677575,
        "volume": 15172,
        "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": 27.669345,
        "volume": 18468,
        "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": 27.669345,
        "volume": 17508,
        "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": 27.600632,
        "volume": 5158,
        "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": 27.700782,
        "volume": 1971,
        "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": 27.755488,
        "volume": 3389,
        "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": 27.70898,
        "volume": 36033,
        "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": 27.841278,
        "volume": 7585,
        "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": 27.886431,
        "volume": 5056,
        "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": 27.899977,
        "volume": 388,
        "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": 27.94146,
        "volume": 7223,
        "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": 27.977595,
        "volume": 68822,
        "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": 27.959436,
        "volume": 5814,
        "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": 27.950357,
        "volume": 2442,
        "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": 27.90637,
        "volume": 19599,
        "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": 27.951008,
        "volume": 2386,
        "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": 28.011438,
        "volume": 1585,
        "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": 28.033346,
        "volume": 2939,
        "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": 27.195455,
        "volume": 36462,
        "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": 27.605613,
        "volume": 28379,
        "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": 27.757232,
        "volume": 583,
        "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": 28.096904,
        "volume": 2113,
        "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": 28.209313,
        "volume": 5975,
        "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": 28.259696,
        "volume": 4296,
        "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": 28.342745,
        "volume": 9126,
        "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": 28.347359,
        "volume": 1241,
        "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": 28.388883,
        "volume": 49626,
        "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": 28.421833,
        "volume": 2058,
        "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": 28.445027,
        "volume": 5949,
        "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": "2025-06-20",
        "close": 28.464139,
        "volume": 17440,
        "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": "2025-06-27",
        "close": 28.724201,
        "volume": 48661,
        "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": "2025-07-04",
        "close": 28.785486,
        "volume": 9809,
        "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": "2025-07-11",
        "close": 28.827928,
        "volume": 105805,
        "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": "2025-07-18",
        "close": 28.838468,
        "volume": 12655,
        "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": "2025-07-25",
        "close": 28.947605,
        "volume": 21467,
        "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": "2025-08-01",
        "close": 28.877926,
        "volume": 17279,
        "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": "2025-08-08",
        "close": 29.004302,
        "volume": 28224,
        "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": "2025-08-15",
        "close": 29.070352,
        "volume": 19151,
        "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": "2025-08-22",
        "close": 29.145503,
        "volume": 44419,
        "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": "2025-08-29",
        "close": 29.136121,
        "volume": 37568,
        "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": "2025-09-05",
        "close": 29.174754,
        "volume": 10910,
        "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": "2025-09-12",
        "close": 29.243923,
        "volume": 55638,
        "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": "2025-09-19",
        "close": 29.291389,
        "volume": 8266,
        "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": "2025-09-26",
        "close": 29.309696,
        "volume": 18600,
        "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": "2025-10-03",
        "close": 29.341685,
        "volume": 91198,
        "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": "2025-10-10",
        "close": 29.229786,
        "volume": 61017,
        "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": "2025-10-17",
        "close": 29.317863,
        "volume": 48923,
        "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": "2025-10-24",
        "close": 29.448934,
        "volume": 33397,
        "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": "2025-10-31",
        "close": 29.431755,
        "volume": 93097,
        "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": "2025-11-07",
        "close": 29.440135,
        "volume": 83176,
        "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": "2025-11-14",
        "close": 29.411497,
        "volume": 72878,
        "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": "2025-11-21",
        "close": 29.344674,
        "volume": 72585,
        "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": "2025-11-28",
        "close": 29.554688,
        "volume": 37358,
        "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": "2025-12-05",
        "close": 29.639991,
        "volume": 95798,
        "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": "2025-12-12",
        "close": 29.639703,
        "volume": 201986,
        "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": "2025-12-19",
        "close": 29.714883,
        "volume": 51162,
        "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": "2025-12-26",
        "close": 29.764811,
        "volume": 38829,
        "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": "2026-01-02",
        "close": 29.787663,
        "volume": 31954,
        "typical_volume": 59437.95,
        "trend": 29.21183,
        "fair_value": 28.188984,
        "relative_strength": -6.758387,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.106842,
        "energy": 85.031716,
        "activity_lines": [
          29.73744,
          29.645373,
          29.521936,
          29.403351
        ]
      },
      {
        "date": "2026-01-09",
        "close": 29.840777,
        "volume": 83162,
        "typical_volume": 61375.1,
        "trend": 29.258355,
        "fair_value": 28.209377,
        "relative_strength": -7.858265,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.94983,
        "energy": 83.861446,
        "activity_lines": [
          29.781229,
          29.694063,
          29.562155,
          29.443928
        ]
      },
      {
        "date": "2026-01-16",
        "close": 29.840777,
        "volume": 40195,
        "typical_volume": 61506.45,
        "trend": 29.304243,
        "fair_value": 28.229272,
        "relative_strength": -7.384838,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.819655,
        "energy": 79.894457,
        "activity_lines": [
          29.811632,
          29.735317,
          29.599064,
          29.481504
        ]
      },
      {
        "date": "2026-01-23",
        "close": 29.865596,
        "volume": 50122,
        "typical_volume": 63467.05,
        "trend": 29.342289,
        "fair_value": 28.248987,
        "relative_strength": -6.86284,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.79994,
        "energy": 74.434577,
        "activity_lines": [
          29.836904,
          29.773799,
          29.634981,
          29.51772
        ]
      },
      {
        "date": "2026-01-30",
        "close": 29.879406,
        "volume": 51738,
        "typical_volume": 63272.05,
        "trend": 29.378753,
        "fair_value": 28.268397,
        "relative_strength": -7.045734,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.424495,
        "energy": 70.241197,
        "activity_lines": [
          29.856731,
          29.806535,
          29.668923,
          29.552373
        ]
      },
      {
        "date": "2026-02-06",
        "close": 29.916211,
        "volume": 57023,
        "typical_volume": 65709.9,
        "trend": 29.415029,
        "fair_value": 28.287783,
        "relative_strength": -6.604856,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.808148,
        "energy": 68.731372,
        "activity_lines": [
          29.881187,
          29.836241,
          29.703345,
          29.587048
        ]
      },
      {
        "date": "2026-02-13",
        "close": 29.887848,
        "volume": 36449,
        "typical_volume": 66602.35,
        "trend": 29.450008,
        "fair_value": 28.306388,
        "relative_strength": -5.378014,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.897531,
        "energy": 64.930193,
        "activity_lines": [
          29.887618,
          29.854216,
          29.732089,
          29.617552
        ]
      },
      {
        "date": "2026-02-20",
        "close": 29.946128,
        "volume": 63842,
        "typical_volume": 65234.55,
        "trend": 29.483293,
        "fair_value": 28.325236,
        "relative_strength": -6.104896,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.631063,
        "energy": 67.523958,
        "activity_lines": [
          29.910338,
          29.878282,
          29.763632,
          29.64956
        ]
      },
      {
        "date": "2026-02-27",
        "close": 29.956036,
        "volume": 73851,
        "typical_volume": 65876.25,
        "trend": 29.51923,
        "fair_value": 28.343767,
        "relative_strength": -5.448639,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.402763,
        "energy": 67.402605,
        "activity_lines": [
          29.929338,
          29.898578,
          29.793239,
          29.680059
        ]
      },
      {
        "date": "2026-03-06",
        "close": 29.874897,
        "volume": 108676,
        "typical_volume": 68863.9,
        "trend": 29.548249,
        "fair_value": 28.360971,
        "relative_strength": -3.611799,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.843668,
        "energy": 59.119208,
        "activity_lines": [
          29.915261,
          29.899736,
          29.811661,
          29.703006
        ]
      },
      {
        "date": "2026-03-13",
        "close": 29.90577,
        "volume": 154381,
        "typical_volume": 74913.1,
        "trend": 29.576097,
        "fair_value": 28.378136,
        "relative_strength": -1.833756,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.470041,
        "energy": 45.974227,
        "activity_lines": [
          29.911777,
          29.904506,
          29.830371,
          29.726072
        ]
      },
      {
        "date": "2026-03-20",
        "close": 29.902057,
        "volume": 159945,
        "typical_volume": 78255.5,
        "trend": 29.601315,
        "fair_value": 28.394882,
        "relative_strength": 0.125999,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.518874,
        "energy": 39.502221,
        "activity_lines": [
          29.90775,
          29.906454,
          29.846551,
          29.747101
        ]
      },
      {
        "date": "2026-03-27",
        "close": 29.863564,
        "volume": 45101,
        "typical_volume": 76351.75,
        "trend": 29.625563,
        "fair_value": 28.410846,
        "relative_strength": 2.448887,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.055315,
        "energy": 27.905408,
        "activity_lines": [
          29.889946,
          29.900289,
          29.856826,
          29.764021
        ]
      },
      {
        "date": "2026-04-03",
        "close": 30.061059,
        "volume": 181339,
        "typical_volume": 81774.8,
        "trend": 29.655107,
        "fair_value": 28.42859,
        "relative_strength": 0.068027,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 68.486715,
        "energy": 42.033091,
        "activity_lines": [
          29.943477,
          29.929617,
          29.883894,
          29.792117
        ]
      },
      {
        "date": "2026-04-10",
        "close": 30.247774,
        "volume": 107549,
        "typical_volume": 83523.0,
        "trend": 29.688568,
        "fair_value": 28.447943,
        "relative_strength": -2.493794,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 78.462381,
        "energy": 54.095093,
        "activity_lines": [
          30.052245,
          29.98934,
          29.92565,
          29.830354
        ]
      },
      {
        "date": "2026-04-17",
        "close": 30.341131,
        "volume": 47950,
        "typical_volume": 84052.6,
        "trend": 29.72356,
        "fair_value": 28.467871,
        "relative_strength": -5.998346,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.616794,
        "energy": 79.416407,
        "activity_lines": [
          30.167274,
          30.05934,
          29.971998,
          29.872454
        ]
      },
      {
        "date": "2026-04-24",
        "close": 30.370612,
        "volume": 22790,
        "typical_volume": 80402.2,
        "trend": 29.758924,
        "fair_value": 28.487692,
        "relative_strength": -6.047209,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.02438,
        "energy": 87.521601,
        "activity_lines": [
          30.263106,
          30.126974,
          30.017408,
          29.9142
        ]
      },
      {
        "date": "2026-05-01",
        "close": 30.403828,
        "volume": 20101,
        "typical_volume": 71307.95,
        "trend": 29.794328,
        "fair_value": 28.507446,
        "relative_strength": -6.496364,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.865616,
        "energy": 88.738883,
        "activity_lines": [
          30.338773,
          30.191869,
          30.062503,
          29.955807
        ]
      },
      {
        "date": "2026-05-08",
        "close": 30.433481,
        "volume": 49201,
        "typical_volume": 71209.9,
        "trend": 29.834452,
        "fair_value": 28.527099,
        "relative_strength": -8.190983,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.644179,
        "energy": 88.037864,
        "activity_lines": [
          30.388306,
          30.253834,
          30.106783,
          29.997042
        ]
      },
      {
        "date": "2026-05-15",
        "close": 30.453051,
        "volume": 75150,
        "typical_volume": 73025.95,
        "trend": 29.872291,
        "fair_value": 28.546553,
        "relative_strength": -8.047293,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.956329,
        "energy": 84.145258,
        "activity_lines": [
          30.419535,
          30.310677,
          30.149505,
          30.036952
        ]
      },
      {
        "date": "2026-05-22",
        "close": 30.482902,
        "volume": 12416,
        "typical_volume": 72049.05,
        "trend": 29.906757,
        "fair_value": 28.565917,
        "relative_strength": -8.416594,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.899266,
        "energy": 72.985047,
        "activity_lines": [
          30.447028,
          30.362435,
          30.191792,
          30.076346
        ]
      },
      {
        "date": "2026-05-29",
        "close": 30.50267,
        "volume": 21791,
        "typical_volume": 68980.5,
        "trend": 29.942454,
        "fair_value": 28.585092,
        "relative_strength": -9.342436,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.879744,
        "energy": 64.409345,
        "activity_lines": [
          30.47166,
          30.407294,
          30.232652,
          30.114792
        ]
      },
      {
        "date": "2026-06-05",
        "close": 30.53628,
        "volume": 18545,
        "typical_volume": 67898.0,
        "trend": 29.978992,
        "fair_value": 28.604222,
        "relative_strength": -6.647585,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.739596,
        "energy": 64.212869,
        "activity_lines": [
          30.498691,
          30.447343,
          30.27356,
          30.153103
        ]
      },
      {
        "date": "2026-06-12",
        "close": 30.501583,
        "volume": 12016,
        "typical_volume": 65992.7,
        "trend": 30.015328,
        "fair_value": 28.622643,
        "relative_strength": -6.996449,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.774875,
        "energy": 75.396985,
        "activity_lines": [
          30.505327,
          30.468853,
          30.307852,
          30.186819
        ]
      },
      {
        "date": "2026-06-19",
        "close": 30.55,
        "volume": 137287,
        "typical_volume": 70270.15,
        "trend": 30.055506,
        "fair_value": 28.641175,
        "relative_strength": -7.404665,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.508377,
        "energy": 76.421887,
        "activity_lines": [
          30.523561,
          30.491156,
          30.343727,
          30.221314
        ]
      },
      {
        "date": "2026-06-26",
        "close": 30.47,
        "volume": 54974,
        "typical_volume": 70167.7,
        "trend": 30.086016,
        "fair_value": 28.658592,
        "relative_strength": -5.174282,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.781468,
        "energy": 60.327941,
        "activity_lines": [
          30.508665,
          30.493419,
          30.36879,
          30.248055
        ]
      },
      {
        "date": "2026-07-03",
        "close": 30.437273,
        "volume": 28908,
        "typical_volume": 69790.65,
        "trend": 30.112592,
        "fair_value": 28.675372,
        "relative_strength": -7.054314,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.254113,
        "energy": 49.248984,
        "activity_lines": [
          30.483721,
          30.487389,
          30.388098,
          30.270717
        ]
      },
      {
        "date": "2026-07-10",
        "close": 30.528859,
        "volume": 28458,
        "typical_volume": 68021.45,
        "trend": 30.142231,
        "fair_value": 28.692695,
        "relative_strength": -7.776394,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.944551,
        "energy": 52.981871,
        "activity_lines": [
          30.493665,
          30.496798,
          30.413513,
          30.297573
        ]
      },
      {
        "date": "2026-07-17",
        "close": 30.474166,
        "volume": 15999,
        "typical_volume": 65128.85,
        "trend": 30.16754,
        "fair_value": 28.70919,
        "relative_strength": -6.273021,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.455067,
        "energy": 42.806124,
        "activity_lines": [
          30.485872,
          30.49399,
          30.430944,
          30.318988
        ]
      },
      {
        "date": "2026-07-24",
        "close": 30.439659,
        "volume": 29361,
        "typical_volume": 61163.1,
        "trend": 30.190035,
        "fair_value": 28.725066,
        "relative_strength": -5.629909,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.438767,
        "energy": 35.720141,
        "activity_lines": [
          30.468405,
          30.484169,
          30.442621,
          30.336544
        ]
      },
      {
        "date": "2026-07-31",
        "close": 30.63755,
        "volume": 17506,
        "typical_volume": 54319.35,
        "trend": 30.218365,
        "fair_value": 28.742452,
        "relative_strength": -5.799403,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 76.990295,
        "energy": 53.571491,
        "activity_lines": [
          30.524258,
          30.510571,
          30.470456,
          30.365416
        ]
      },
      {
        "date": "2026-08-07",
        "close": 30.805,
        "volume": 25615,
        "typical_volume": 47602.85,
        "trend": 30.250506,
        "fair_value": 28.761033,
        "relative_strength": -8.246751,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.392058,
        "energy": 66.623313,
        "activity_lines": [
          30.624758,
          30.564606,
          30.510753,
          30.403264
        ]
      }
    ],
    "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."
    }
  }
}