{
  "ticker": {
    "uuid": "eb5c4164-39c3-402f-9284-8301fb37caba",
    "symbol": "RULE",
    "name": "ADAPTIVE CORE ETF",
    "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": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 26.763,
    "architecture_energy": 24.283,
    "architecture_maturity": 67.495,
    "architecture_confidence": 92.115,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 51.94,
        "rotation_up": 18.58,
        "upward_expansion": 52.77,
        "deceleration": 93.98,
        "rotation_down": 34.75,
        "downward_expansion": 18.77
      },
      "activity_lines": [
        29.95052,
        30.673187,
        30.46509,
        29.313252
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 30.13,
    "trend_reference": 27.86756,
    "distance_from_trend": 0.081185,
    "trend_direction": "Improving",
    "fair_value": 22.703754,
    "distance_from_fair_value": 0.327093,
    "fair_value_direction": "Weakening",
    "relative_strength": 4.911747,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.190909,
    "excess_performance": 0.065284,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.081185,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.109137,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.327093,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.051077,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.049117,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.084079,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.190909,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.510889,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 100507,
      "relative_activity": 8.900963,
      "balance": 2.510889,
      "dry_up": 2.885172,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.065276,
      "annualized_volatility": 0.264747,
      "from_high_reference": -0.124637,
      "from_low_reference": 0.404007
    },
    "levels": {
      "trend_reference": 27.86756,
      "fair_value_reference": 22.703754,
      "structural_low": 22.71,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 8,
        "median_return": 0.013568,
        "positive_rate": 0.625,
        "directional_follow_through": 0.625,
        "median_excess_return": -0.009183,
        "regime_survival": 0.5,
        "best_return": 0.129837,
        "worst_return": -0.059858,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.010387,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.022329,
        "regime_survival": 0.0,
        "best_return": 0.425954,
        "worst_return": -0.143442,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.027443,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.053445,
        "regime_survival": 0.0,
        "best_return": 0.147673,
        "worst_return": 0.009278,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.049265,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.146399,
        "regime_survival": 0.0,
        "best_return": -0.049265,
        "worst_return": -0.049265,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-02",
        "end": "2024-10-18",
        "tenure": "Developing",
        "return": 0.071214,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-25",
        "end": "2024-12-27",
        "tenure": "Developing",
        "return": 0.007127,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": -0.056502,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-14",
        "end": "2025-03-21",
        "tenure": "New",
        "return": 0.008491,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-28",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.068497,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-13",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": 0.050916,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-01",
        "end": "2025-08-22",
        "tenure": "New",
        "return": 0.005539,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-29",
        "end": "2025-09-19",
        "tenure": "New",
        "return": 0.025395,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-26",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.036786,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-28",
        "end": "2025-12-26",
        "tenure": "Developing",
        "return": 0.024867,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-02",
        "end": "2026-03-13",
        "tenure": "Developing",
        "return": 0.024616,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-20",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.129837,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-07-17",
        "tenure": "Established",
        "return": 0.096574,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.008235,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 19.022179,
        "volume": 370398,
        "typical_volume": 91150.65,
        "trend": 19.193722,
        "fair_value": 20.444045,
        "relative_strength": -8.625723,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 11.800653,
        "energy": 14.170917,
        "activity_lines": [
          19.297166,
          19.396291,
          19.331403,
          19.264478
        ]
      },
      {
        "date": "2023-08-25",
        "close": 18.777595,
        "volume": 83519,
        "typical_volume": 91818.75,
        "trend": 19.180324,
        "fair_value": 20.426503,
        "relative_strength": -10.283556,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -32.799479,
        "energy": 33.80367,
        "activity_lines": [
          19.087787,
          19.279586,
          19.285835,
          19.237631
        ]
      },
      {
        "date": "2023-09-01",
        "close": 19.38587,
        "volume": 22406,
        "typical_volume": 89218.9,
        "trend": 19.187693,
        "fair_value": 20.415663,
        "relative_strength": -9.423376,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -3.578828,
        "energy": 18.49762,
        "activity_lines": [
          19.140965,
          19.283903,
          19.29948,
          19.250892
        ]
      },
      {
        "date": "2023-09-08",
        "close": 19.269901,
        "volume": 31507,
        "typical_volume": 87664.35,
        "trend": 19.194137,
        "fair_value": 20.403851,
        "relative_strength": -8.625388,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.313503,
        "energy": 21.099472,
        "activity_lines": [
          19.172642,
          19.26488,
          19.300632,
          19.256196
        ]
      },
      {
        "date": "2023-09-15",
        "close": 18.894055,
        "volume": 20075,
        "typical_volume": 85406.3,
        "trend": 19.186092,
        "fair_value": 20.388445,
        "relative_strength": -9.99983,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -28.243903,
        "energy": 30.813422,
        "activity_lines": [
          19.085657,
          19.182205,
          19.265115,
          19.236836
        ]
      },
      {
        "date": "2023-09-22",
        "close": 18.450176,
        "volume": 42553,
        "typical_volume": 82439.25,
        "trend": 19.166355,
        "fair_value": 20.368867,
        "relative_strength": -9.108214,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -51.525839,
        "energy": 47.607242,
        "activity_lines": [
          18.879076,
          19.027847,
          19.18824,
          19.189358
        ]
      },
      {
        "date": "2023-09-29",
        "close": 18.405964,
        "volume": 58209,
        "typical_volume": 81854.15,
        "trend": 19.143838,
        "fair_value": 20.349237,
        "relative_strength": -8.286611,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -78.485811,
        "energy": 76.473151,
        "activity_lines": [
          18.695891,
          18.887,
          19.110136,
          19.1403
        ]
      },
      {
        "date": "2023-10-06",
        "close": 18.497328,
        "volume": 48569,
        "typical_volume": 81751.45,
        "trend": 19.12747,
        "fair_value": 20.330902,
        "relative_strength": -7.884854,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.935455,
        "energy": 76.42102,
        "activity_lines": [
          18.567936,
          18.78583,
          19.043998,
          19.09859
        ]
      },
      {
        "date": "2023-10-13",
        "close": 18.516052,
        "volume": 49421,
        "typical_volume": 81300.1,
        "trend": 19.112001,
        "fair_value": 20.313109,
        "relative_strength": -7.783805,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.870975,
        "energy": 75.519061,
        "activity_lines": [
          18.505458,
          18.708898,
          18.982401,
          19.059144
        ]
      },
      {
        "date": "2023-10-20",
        "close": 17.919541,
        "volume": 17722,
        "typical_volume": 68391.75,
        "trend": 19.076537,
        "fair_value": 20.289871,
        "relative_strength": -8.220517,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.861399,
        "energy": 82.728342,
        "activity_lines": [
          18.2944,
          18.539021,
          18.866612,
          18.982211
        ]
      },
      {
        "date": "2023-10-27",
        "close": 17.429686,
        "volume": 70710,
        "typical_volume": 68000.1,
        "trend": 19.022251,
        "fair_value": 20.262369,
        "relative_strength": -8.160528,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -89.341452,
        "energy": 88.837065,
        "activity_lines": [
          17.985025,
          18.305534,
          18.709819,
          18.875962
        ]
      },
      {
        "date": "2023-11-03",
        "close": 18.297151,
        "volume": 51329,
        "typical_volume": 66779.2,
        "trend": 18.99725,
        "fair_value": 20.243652,
        "relative_strength": -8.554275,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.581923,
        "energy": 64.024755,
        "activity_lines": [
          18.032837,
          18.258722,
          18.644115,
          18.829182
        ]
      },
      {
        "date": "2023-11-10",
        "close": 18.635452,
        "volume": 40862,
        "typical_volume": 66835.95,
        "trend": 18.982383,
        "fair_value": 20.228481,
        "relative_strength": -7.867285,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.825228,
        "energy": 48.47628,
        "activity_lines": [
          18.20067,
          18.282155,
          18.615649,
          18.80584
        ]
      },
      {
        "date": "2023-11-17",
        "close": 18.876801,
        "volume": 320699,
        "typical_volume": 79863.85,
        "trend": 18.975396,
        "fair_value": 20.215848,
        "relative_strength": -8.504867,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.156059,
        "energy": 27.74569,
        "activity_lines": [
          18.439745,
          18.363113,
          18.613151,
          18.799028
        ]
      },
      {
        "date": "2023-11-24",
        "close": 19.198241,
        "volume": 40187,
        "typical_volume": 80488.35,
        "trend": 18.979125,
        "fair_value": 20.206426,
        "relative_strength": -7.629026,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -7.685399,
        "energy": 20.291447,
        "activity_lines": [
          18.761917,
          18.509662,
          18.644365,
          18.813405
        ]
      },
      {
        "date": "2023-12-01",
        "close": 19.414004,
        "volume": 52479,
        "typical_volume": 79525.15,
        "trend": 18.990372,
        "fair_value": 20.199156,
        "relative_strength": -7.148614,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 22.932298,
        "energy": 34.202832,
        "activity_lines": [
          19.070763,
          18.68991,
          18.697042,
          18.841462
        ]
      },
      {
        "date": "2023-12-08",
        "close": 19.403613,
        "volume": 99484,
        "typical_volume": 77322.4,
        "trend": 19.000783,
        "fair_value": 20.191924,
        "relative_strength": -7.132885,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 31.199374,
        "energy": 40.653002,
        "activity_lines": [
          19.243857,
          18.850745,
          18.749784,
          18.868123
        ]
      },
      {
        "date": "2023-12-15",
        "close": 20.305094,
        "volume": 33484,
        "typical_volume": 77070.55,
        "trend": 19.041733,
        "fair_value": 20.192943,
        "relative_strength": -4.79426,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 52.782266,
        "energy": 71.408773,
        "activity_lines": [
          19.643681,
          19.157346,
          18.889672,
          18.952272
        ]
      },
      {
        "date": "2023-12-22",
        "close": 20.29,
        "volume": 56237,
        "typical_volume": 76818.1,
        "trend": 19.08254,
        "fair_value": 20.19381,
        "relative_strength": -5.415586,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 47.493559,
        "energy": 74.803673,
        "activity_lines": [
          19.927164,
          19.428335,
          19.02497,
          19.032805
        ]
      },
      {
        "date": "2023-12-29",
        "close": 20.37,
        "volume": 15206,
        "typical_volume": 76252.8,
        "trend": 19.124673,
        "fair_value": 20.195369,
        "relative_strength": -5.050781,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 52.220317,
        "energy": 79.525487,
        "activity_lines": [
          20.143101,
          19.681615,
          19.163502,
          19.115867
        ]
      },
      {
        "date": "2024-01-05",
        "close": 19.7991,
        "volume": 13171,
        "typical_volume": 58391.45,
        "trend": 19.144346,
        "fair_value": 20.191893,
        "relative_strength": -5.940686,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 66.928427,
        "energy": 80.905129,
        "activity_lines": [
          20.09062,
          19.786541,
          19.24266,
          19.159378
        ]
      },
      {
        "date": "2024-01-12",
        "close": 20.1,
        "volume": 32391,
        "typical_volume": 55835.05,
        "trend": 19.16931,
        "fair_value": 20.191094,
        "relative_strength": -6.002329,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.379682,
        "energy": 67.427127,
        "activity_lines": [
          20.112766,
          19.903097,
          19.346777,
          19.221034
        ]
      },
      {
        "date": "2024-01-19",
        "close": 20.5179,
        "volume": 11781,
        "typical_volume": 55303.8,
        "trend": 19.211178,
        "fair_value": 20.193911,
        "relative_strength": -4.921254,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.444837,
        "energy": 67.999049,
        "activity_lines": [
          20.227787,
          20.062855,
          19.484395,
          19.308039
        ]
      },
      {
        "date": "2024-01-26",
        "close": 20.735,
        "volume": 8936,
        "typical_volume": 54175.25,
        "trend": 19.251427,
        "fair_value": 20.198536,
        "relative_strength": -4.673184,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.802025,
        "energy": 69.030737,
        "activity_lines": [
          20.400987,
          20.227859,
          19.6373,
          19.40635
        ]
      },
      {
        "date": "2024-02-02",
        "close": 21.0505,
        "volume": 28016,
        "typical_volume": 54572.3,
        "trend": 19.306768,
        "fair_value": 20.205756,
        "relative_strength": -4.391545,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.029305,
        "energy": 90.980777,
        "activity_lines": [
          20.649687,
          20.416442,
          19.813275,
          19.52242
        ]
      },
      {
        "date": "2024-02-09",
        "close": 21.2964,
        "volume": 21179,
        "typical_volume": 53503.6,
        "trend": 19.362136,
        "fair_value": 20.214921,
        "relative_strength": -4.391217,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.096321,
        "energy": 92.916486,
        "activity_lines": [
          20.934987,
          20.616056,
          20.002401,
          19.650783
        ]
      },
      {
        "date": "2024-02-16",
        "close": 21.1664,
        "volume": 11945,
        "typical_volume": 51190.4,
        "trend": 19.411864,
        "fair_value": 20.22285,
        "relative_strength": -4.432902,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.577692,
        "energy": 88.477225,
        "activity_lines": [
          21.077133,
          20.757809,
          20.165592,
          19.767187
        ]
      },
      {
        "date": "2024-02-23",
        "close": 21.3532,
        "volume": 23568,
        "typical_volume": 49940.35,
        "trend": 19.468864,
        "fair_value": 20.232192,
        "relative_strength": -4.895177,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.893055,
        "energy": 86.590419,
        "activity_lines": [
          21.210453,
          20.901475,
          20.333429,
          19.892435
        ]
      },
      {
        "date": "2024-03-01",
        "close": 21.92,
        "volume": 27361,
        "typical_volume": 48837.35,
        "trend": 19.55389,
        "fair_value": 20.246026,
        "relative_strength": -3.103777,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.229193,
        "energy": 82.064954,
        "activity_lines": [
          21.47702,
          21.129138,
          20.541648,
          20.050572
        ]
      },
      {
        "date": "2024-03-08",
        "close": 21.718,
        "volume": 32891,
        "typical_volume": 49595.8,
        "trend": 19.63384,
        "fair_value": 20.257994,
        "relative_strength": -3.468392,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.914877,
        "energy": 68.302543,
        "activity_lines": [
          21.597253,
          21.290438,
          20.714419,
          20.190192
        ]
      },
      {
        "date": "2024-03-15",
        "close": 21.2662,
        "volume": 7293,
        "typical_volume": 46424.95,
        "trend": 19.708641,
        "fair_value": 20.266124,
        "relative_strength": -5.104852,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.702813,
        "energy": 64.963165,
        "activity_lines": [
          21.522387,
          21.345084,
          20.826073,
          20.295506
        ]
      },
      {
        "date": "2024-03-22",
        "close": 21.82,
        "volume": 29822,
        "typical_volume": 45349.6,
        "trend": 19.810054,
        "fair_value": 20.278555,
        "relative_strength": -4.475227,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.956972,
        "energy": 67.572541,
        "activity_lines": [
          21.634133,
          21.473745,
          20.972202,
          20.431723
        ]
      },
      {
        "date": "2024-03-29",
        "close": 22.005,
        "volume": 27114,
        "typical_volume": 44662.2,
        "trend": 19.897359,
        "fair_value": 20.292257,
        "relative_strength": -3.789957,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.489494,
        "energy": 66.633077,
        "activity_lines": [
          21.763973,
          21.604771,
          21.119173,
          20.573332
        ]
      },
      {
        "date": "2024-04-05",
        "close": 22.02,
        "volume": 29012,
        "typical_volume": 30077.85,
        "trend": 19.989029,
        "fair_value": 20.305862,
        "relative_strength": -2.659254,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.107309,
        "energy": 64.666473,
        "activity_lines": [
          21.85536,
          21.711485,
          21.251528,
          20.710277
        ]
      },
      {
        "date": "2024-04-12",
        "close": 21.3961,
        "volume": 119024,
        "typical_volume": 34019.7,
        "trend": 20.07243,
        "fair_value": 20.314379,
        "relative_strength": -3.799577,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.689176,
        "energy": 55.096208,
        "activity_lines": [
          21.732113,
          21.6814,
          21.309497,
          20.801056
        ]
      },
      {
        "date": "2024-04-19",
        "close": 20.92,
        "volume": 34762,
        "typical_volume": 33133.85,
        "trend": 20.154758,
        "fair_value": 20.319074,
        "relative_strength": -2.75662,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.145684,
        "energy": 36.578809,
        "activity_lines": [
          21.471627,
          21.558467,
          21.311656,
          20.855737
        ]
      },
      {
        "date": "2024-04-26",
        "close": 21.4554,
        "volume": 16870,
        "typical_volume": 29003.15,
        "trend": 20.256405,
        "fair_value": 20.327815,
        "relative_strength": -2.651253,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.115735,
        "energy": 26.300609,
        "activity_lines": [
          21.412687,
          21.539724,
          21.357635,
          20.93965
        ]
      },
      {
        "date": "2024-05-03",
        "close": 21.29,
        "volume": 9186,
        "typical_volume": 27788.25,
        "trend": 20.349494,
        "fair_value": 20.33516,
        "relative_strength": -3.74942,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.75703,
        "energy": 23.466446,
        "activity_lines": [
          21.32292,
          21.485653,
          21.37809,
          21.006333
        ]
      },
      {
        "date": "2024-05-10",
        "close": 21.65,
        "volume": 21678,
        "typical_volume": 26060.3,
        "trend": 20.453959,
        "fair_value": 20.345121,
        "relative_strength": -3.681393,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.877018,
        "energy": 21.913272,
        "activity_lines": [
          21.40082,
          21.498185,
          21.428142,
          21.090237
        ]
      },
      {
        "date": "2024-05-17",
        "close": 21.77,
        "volume": 16104,
        "typical_volume": 26105.2,
        "trend": 20.582308,
        "fair_value": 20.355834,
        "relative_strength": -4.504858,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.711758,
        "energy": 32.988881,
        "activity_lines": [
          21.543387,
          21.537445,
          21.483146,
          21.175143
        ]
      },
      {
        "date": "2024-05-24",
        "close": 21.921,
        "volume": 21296,
        "typical_volume": 26511.45,
        "trend": 20.732019,
        "fair_value": 20.367514,
        "relative_strength": -3.640564,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.65674,
        "energy": 41.069485,
        "activity_lines": [
          21.71136,
          21.603215,
          21.545864,
          21.26151
        ]
      },
      {
        "date": "2024-05-31",
        "close": 21.6841,
        "volume": 40609,
        "typical_volume": 26922.35,
        "trend": 20.844917,
        "fair_value": 20.377267,
        "relative_strength": -4.128364,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.493038,
        "energy": 39.099455,
        "activity_lines": [
          21.733633,
          21.614005,
          21.575916,
          21.322935
        ]
      },
      {
        "date": "2024-06-07",
        "close": 21.5,
        "volume": 19940,
        "typical_volume": 27330.3,
        "trend": 20.940402,
        "fair_value": 20.385522,
        "relative_strength": -5.910316,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.872927,
        "energy": 34.414441,
        "activity_lines": [
          21.679293,
          21.593795,
          21.580891,
          21.365198
        ]
      },
      {
        "date": "2024-06-14",
        "close": 21.6599,
        "volume": 19696,
        "typical_volume": 27868.3,
        "trend": 21.033172,
        "fair_value": 20.394824,
        "relative_strength": -6.548765,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.591004,
        "energy": 29.579908,
        "activity_lines": [
          21.664253,
          21.611838,
          21.596418,
          21.411617
        ]
      },
      {
        "date": "2024-06-21",
        "close": 21.76,
        "volume": 33569,
        "typical_volume": 28145.95,
        "trend": 21.118564,
        "fair_value": 20.404717,
        "relative_strength": -6.501376,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.154666,
        "energy": 26.810519,
        "activity_lines": [
          21.68192,
          21.654629,
          21.617074,
          21.458509
        ]
      },
      {
        "date": "2024-06-28",
        "close": 21.68,
        "volume": 22699,
        "typical_volume": 28221.95,
        "trend": 21.194097,
        "fair_value": 20.413891,
        "relative_strength": -6.592276,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 37.170694,
        "energy": 20.003356,
        "activity_lines": [
          21.673587,
          21.676258,
          21.626733,
          21.494731
        ]
      },
      {
        "date": "2024-07-05",
        "close": 21.92,
        "volume": 53162,
        "typical_volume": 30282.8,
        "trend": 21.277976,
        "fair_value": 20.424649,
        "relative_strength": -7.109884,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.199972,
        "energy": 31.747542,
        "activity_lines": [
          21.76132,
          21.727705,
          21.657422,
          21.541564
        ]
      },
      {
        "date": "2024-07-12",
        "close": 22.11,
        "volume": 50506,
        "typical_volume": 31629.7,
        "trend": 21.33814,
        "fair_value": 20.436602,
        "relative_strength": -6.996577,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.879606,
        "energy": 48.502637,
        "activity_lines": [
          21.89666,
          21.805251,
          21.702618,
          21.595243
        ]
      },
      {
        "date": "2024-07-19",
        "close": 21.4735,
        "volume": 67307,
        "typical_volume": 33627.0,
        "trend": 21.37759,
        "fair_value": 20.443904,
        "relative_strength": -7.654618,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.029956,
        "energy": 24.665608,
        "activity_lines": [
          21.779167,
          21.75216,
          21.68359,
          21.603975
        ]
      },
      {
        "date": "2024-07-26",
        "close": 21.53,
        "volume": 33109,
        "typical_volume": 33637.9,
        "trend": 21.416257,
        "fair_value": 20.451499,
        "relative_strength": -6.465881,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 29.343038,
        "energy": 15.716612,
        "activity_lines": [
          21.692933,
          21.712551,
          21.67207,
          21.613808
        ]
      },
      {
        "date": "2024-08-02",
        "close": 20.92,
        "volume": 11516,
        "typical_volume": 33849.05,
        "trend": 21.45362,
        "fair_value": 20.454753,
        "relative_strength": -6.948796,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -27.58414,
        "energy": 20.700398,
        "activity_lines": [
          21.4187,
          21.566396,
          21.60335,
          21.581792
        ]
      },
      {
        "date": "2024-08-09",
        "close": 21.15,
        "volume": 77856,
        "typical_volume": 36250.75,
        "trend": 21.48862,
        "fair_value": 20.459548,
        "relative_strength": -5.757824,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.124517,
        "energy": 29.808473,
        "activity_lines": [
          21.2718,
          21.48026,
          21.558184,
          21.562203
        ]
      },
      {
        "date": "2024-08-16",
        "close": 21.7311,
        "volume": 100433,
        "typical_volume": 39916.7,
        "trend": 21.52906,
        "fair_value": 20.468257,
        "relative_strength": -6.680269,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.267138,
        "energy": 18.74458,
        "activity_lines": [
          21.369933,
          21.509489,
          21.57155,
          21.577847
        ]
      },
      {
        "date": "2024-08-23",
        "close": 21.91,
        "volume": 238075,
        "typical_volume": 50369.85,
        "trend": 21.568227,
        "fair_value": 20.478065,
        "relative_strength": -7.03781,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 6.325615,
        "energy": 8.073768,
        "activity_lines": [
          21.55296,
          21.567044,
          21.60326,
          21.602424
        ]
      },
      {
        "date": "2024-08-30",
        "close": 22.0,
        "volume": 27192,
        "typical_volume": 45778.25,
        "trend": 21.599877,
        "fair_value": 20.488348,
        "relative_strength": -6.718331,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 43.7832,
        "energy": 24.015113,
        "activity_lines": [
          21.736887,
          21.636415,
          21.644064,
          21.63028
        ]
      },
      {
        "date": "2024-09-06",
        "close": 21.26,
        "volume": 29605,
        "typical_volume": 45520.4,
        "trend": 21.598663,
        "fair_value": 20.493527,
        "relative_strength": -5.770072,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -0.413306,
        "energy": 8.947911,
        "activity_lines": [
          21.642813,
          21.566876,
          21.611516,
          21.608353
        ]
      },
      {
        "date": "2024-09-13",
        "close": 21.81,
        "volume": 29198,
        "typical_volume": 46136.8,
        "trend": 21.620117,
        "fair_value": 20.502303,
        "relative_strength": -6.873778,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 20.386938,
        "energy": 15.841022,
        "activity_lines": [
          21.709407,
          21.604975,
          21.62973,
          21.621988
        ]
      },
      {
        "date": "2024-09-20",
        "close": 21.9978,
        "volume": 59120,
        "typical_volume": 48633.5,
        "trend": 21.641603,
        "fair_value": 20.512207,
        "relative_strength": -7.185606,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 55.552366,
        "energy": 35.132554,
        "activity_lines": [
          21.7946,
          21.679218,
          21.664142,
          21.646354
        ]
      },
      {
        "date": "2024-09-27",
        "close": 21.79,
        "volume": 46153,
        "typical_volume": 49857.25,
        "trend": 21.63727,
        "fair_value": 20.520614,
        "relative_strength": -8.34751,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 44.051086,
        "energy": 21.543508,
        "activity_lines": [
          21.792747,
          21.71772,
          21.675392,
          21.655928
        ]
      },
      {
        "date": "2024-10-04",
        "close": 21.87,
        "volume": 21606,
        "typical_volume": 50132.35,
        "trend": 21.642337,
        "fair_value": 20.529433,
        "relative_strength": -8.020521,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.824903,
        "energy": 32.148224,
        "activity_lines": [
          21.82556,
          21.765013,
          21.693595,
          21.670943
        ]
      },
      {
        "date": "2024-10-11",
        "close": 22.1583,
        "volume": 69285,
        "typical_volume": 52531.8,
        "trend": 21.672073,
        "fair_value": 20.54001,
        "relative_strength": -7.64406,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 57.944735,
        "energy": 43.451592,
        "activity_lines": [
          21.96314,
          21.858542,
          21.738779,
          21.704231
        ]
      },
      {
        "date": "2024-10-18",
        "close": 22.4098,
        "volume": 6649,
        "typical_volume": 50833.8,
        "trend": 21.691733,
        "fair_value": 20.552074,
        "relative_strength": -7.189865,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 68.732876,
        "energy": 56.706603,
        "activity_lines": [
          22.124667,
          21.975284,
          21.806785,
          21.751826
        ]
      },
      {
        "date": "2024-10-25",
        "close": 22.0442,
        "volume": 4569,
        "typical_volume": 50065.25,
        "trend": 21.69304,
        "fair_value": 20.561639,
        "relative_strength": -7.616185,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.61582,
        "energy": 53.615737,
        "activity_lines": [
          22.12434,
          22.002647,
          21.836517,
          21.774566
        ]
      },
      {
        "date": "2024-11-01",
        "close": 21.751,
        "volume": 12935,
        "typical_volume": 49727.2,
        "trend": 21.684073,
        "fair_value": 20.540994,
        "relative_strength": -7.370222,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.247008,
        "energy": 43.217411,
        "activity_lines": [
          22.023187,
          21.971009,
          21.835733,
          21.778305
        ]
      },
      {
        "date": "2024-11-08",
        "close": 22.9358,
        "volume": 31317,
        "typical_volume": 49614.6,
        "trend": 21.735397,
        "fair_value": 20.528081,
        "relative_strength": -6.559978,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.464281,
        "energy": 67.195183,
        "activity_lines": [
          22.319567,
          22.15768,
          21.947353,
          21.859062
        ]
      },
      {
        "date": "2024-11-15",
        "close": 22.6142,
        "volume": 31794,
        "typical_volume": 50069.35,
        "trend": 21.79187,
        "fair_value": 20.512529,
        "relative_strength": -5.744114,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.67569,
        "energy": 61.445943,
        "activity_lines": [
          22.437693,
          22.268864,
          22.022746,
          21.915759
        ]
      },
      {
        "date": "2024-11-22",
        "close": 23.3134,
        "volume": 13461,
        "typical_volume": 48084.3,
        "trend": 21.853803,
        "fair_value": 20.50392,
        "relative_strength": -4.261068,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.878903,
        "energy": 79.831847,
        "activity_lines": [
          22.758493,
          22.482553,
          22.160281,
          22.013922
        ]
      },
      {
        "date": "2024-11-29",
        "close": 23.477,
        "volume": 9809,
        "typical_volume": 46049.45,
        "trend": 21.926703,
        "fair_value": 20.500194,
        "relative_strength": -4.540674,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.226452,
        "energy": 87.907057,
        "activity_lines": [
          23.073587,
          22.698653,
          22.306761,
          22.118645
        ]
      },
      {
        "date": "2024-12-06",
        "close": 23.495,
        "volume": 14621,
        "typical_volume": 43415.15,
        "trend": 21.988203,
        "fair_value": 20.493931,
        "relative_strength": -5.111819,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.772887,
        "energy": 89.623516,
        "activity_lines": [
          23.29916,
          22.891131,
          22.448447,
          22.219825
        ]
      },
      {
        "date": "2024-12-13",
        "close": 22.741,
        "volume": 7169,
        "typical_volume": 42118.15,
        "trend": 22.02057,
        "fair_value": 20.485768,
        "relative_strength": -7.345751,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.323958,
        "energy": 79.347952,
        "activity_lines": [
          23.157133,
          22.915518,
          22.508696,
          22.268392
        ]
      },
      {
        "date": "2024-12-20",
        "close": 22.2351,
        "volume": 22499,
        "typical_volume": 42667.3,
        "trend": 22.03104,
        "fair_value": 20.471012,
        "relative_strength": -7.460289,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.523827,
        "energy": 42.595196,
        "activity_lines": [
          22.85946,
          22.832087,
          22.514998,
          22.282233
        ]
      },
      {
        "date": "2024-12-27",
        "close": 22.2013,
        "volume": 3719,
        "typical_volume": 38960.45,
        "trend": 22.04828,
        "fair_value": 20.454055,
        "relative_strength": -7.934973,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 31.403653,
        "energy": 19.572977,
        "activity_lines": [
          22.575793,
          22.741115,
          22.511819,
          22.293218
        ]
      },
      {
        "date": "2025-01-03",
        "close": 22.3212,
        "volume": 3325,
        "typical_volume": 34105.05,
        "trend": 22.075653,
        "fair_value": 20.444443,
        "relative_strength": -6.731477,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.319857,
        "energy": 26.787569,
        "activity_lines": [
          22.406233,
          22.675733,
          22.515052,
          22.310825
        ]
      },
      {
        "date": "2025-01-10",
        "close": 21.8474,
        "volume": 9695,
        "typical_volume": 22686.05,
        "trend": 22.081903,
        "fair_value": 20.431677,
        "relative_strength": -6.683936,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.314015,
        "energy": 22.87612,
        "activity_lines": [
          22.155793,
          22.519169,
          22.470351,
          22.296099
        ]
      },
      {
        "date": "2025-01-17",
        "close": 22.5235,
        "volume": 14317,
        "typical_volume": 22042.3,
        "trend": 22.107353,
        "fair_value": 20.429328,
        "relative_strength": -6.306901,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.927977,
        "energy": 18.382277,
        "activity_lines": [
          22.24056,
          22.48378,
          22.49034,
          22.324589
        ]
      },
      {
        "date": "2025-01-24",
        "close": 22.9988,
        "volume": 10603,
        "typical_volume": 21092.2,
        "trend": 22.151313,
        "fair_value": 20.431085,
        "relative_strength": -5.727786,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.397104,
        "energy": 16.016357,
        "activity_lines": [
          22.49826,
          22.542305,
          22.553101,
          22.382102
        ]
      },
      {
        "date": "2025-01-31",
        "close": 22.7201,
        "volume": 13720,
        "typical_volume": 20318.3,
        "trend": 22.177983,
        "fair_value": 20.430027,
        "relative_strength": -5.675482,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.018646,
        "energy": 18.214599,
        "activity_lines": [
          22.612147,
          22.543165,
          22.58104,
          22.418798
        ]
      },
      {
        "date": "2025-02-07",
        "close": 22.79,
        "volume": 10529,
        "typical_volume": 17888.75,
        "trend": 22.20065,
        "fair_value": 20.430726,
        "relative_strength": -4.987062,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 42.814332,
        "energy": 30.087839,
        "activity_lines": [
          22.714747,
          22.567522,
          22.611303,
          22.458283
        ]
      },
      {
        "date": "2025-02-14",
        "close": 22.7837,
        "volume": 9883,
        "typical_volume": 16075.25,
        "trend": 22.244323,
        "fair_value": 20.434455,
        "relative_strength": -6.153739,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 40.97043,
        "energy": 35.678626,
        "activity_lines": [
          22.783993,
          22.603224,
          22.637193,
          22.495899
        ]
      },
      {
        "date": "2025-02-21",
        "close": 22.08,
        "volume": 11516,
        "typical_volume": 15570.75,
        "trend": 22.262657,
        "fair_value": 20.432651,
        "relative_strength": -7.313925,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.48425,
        "energy": 9.865299,
        "activity_lines": [
          22.556253,
          22.523913,
          22.591332,
          22.485298
        ]
      },
      {
        "date": "2025-02-28",
        "close": 21.88,
        "volume": 178968,
        "typical_volume": 21054.9,
        "trend": 22.294657,
        "fair_value": 20.431443,
        "relative_strength": -6.971812,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -20.929317,
        "energy": 20.660502,
        "activity_lines": [
          22.291413,
          22.420256,
          22.525423,
          22.46061
        ]
      },
      {
        "date": "2025-03-07",
        "close": 21.06,
        "volume": 317496,
        "typical_volume": 36597.25,
        "trend": 22.291657,
        "fair_value": 20.429966,
        "relative_strength": -7.330323,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -39.957243,
        "energy": 51.128955,
        "activity_lines": [
          21.827827,
          22.173965,
          22.382745,
          22.380955
        ]
      },
      {
        "date": "2025-03-14",
        "close": 20.48,
        "volume": 31460,
        "typical_volume": 37941.8,
        "trend": 22.249953,
        "fair_value": 20.421351,
        "relative_strength": -7.525226,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -58.382592,
        "energy": 75.037847,
        "activity_lines": [
          21.28158,
          21.842971,
          22.191256,
          22.264074
        ]
      },
      {
        "date": "2025-03-21",
        "close": 20.6539,
        "volume": 10929,
        "typical_volume": 37841.5,
        "trend": 22.208083,
        "fair_value": 20.409316,
        "relative_strength": -6.950654,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -78.123238,
        "energy": 88.159926,
        "activity_lines": [
          20.9473,
          21.577071,
          22.023777,
          22.161103
        ]
      },
      {
        "date": "2025-03-28",
        "close": 20.5703,
        "volume": 16034,
        "typical_volume": 37077.35,
        "trend": 22.160427,
        "fair_value": 20.397977,
        "relative_strength": -5.682369,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.868227,
        "energy": 88.777428,
        "activity_lines": [
          20.72714,
          21.317671,
          21.853561,
          22.055439
        ]
      },
      {
        "date": "2025-04-04",
        "close": 19.1194,
        "volume": 24894,
        "typical_volume": 36732.35,
        "trend": 22.089073,
        "fair_value": 20.378136,
        "relative_strength": -3.349086,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -93.603158,
        "energy": 96.573474,
        "activity_lines": [
          20.123993,
          20.829984,
          21.556428,
          21.859244
        ]
      },
      {
        "date": "2025-04-11",
        "close": 19.79,
        "volume": 22689,
        "typical_volume": 37193.75,
        "trend": 22.02174,
        "fair_value": 20.362993,
        "relative_strength": -5.079473,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.994069,
        "energy": 87.344409,
        "activity_lines": [
          19.92842,
          20.534758,
          21.339804,
          21.710917
        ]
      },
      {
        "date": "2025-04-18",
        "close": 19.8419,
        "volume": 16955,
        "typical_volume": 37551.05,
        "trend": 21.949877,
        "fair_value": 20.351339,
        "relative_strength": -3.226488,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.393919,
        "energy": 79.889049,
        "activity_lines": [
          19.834813,
          20.302244,
          21.1449,
          21.570282
        ]
      },
      {
        "date": "2025-04-25",
        "close": 20.3984,
        "volume": 11315,
        "typical_volume": 37385.75,
        "trend": 21.90349,
        "fair_value": 20.347884,
        "relative_strength": -4.621471,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.915344,
        "energy": 60.808867,
        "activity_lines": [
          19.969247,
          20.224513,
          21.020307,
          21.470186
        ]
      },
      {
        "date": "2025-05-02",
        "close": 21.04,
        "volume": 7309,
        "typical_volume": 37392.75,
        "trend": 21.875823,
        "fair_value": 20.348792,
        "relative_strength": -4.180254,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.221761,
        "energy": 41.583289,
        "activity_lines": [
          20.33458,
          20.306805,
          20.971564,
          21.414477
        ]
      },
      {
        "date": "2025-05-09",
        "close": 21.0178,
        "volume": 6339,
        "typical_volume": 36584.75,
        "trend": 21.837807,
        "fair_value": 20.351192,
        "relative_strength": -3.638823,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.217516,
        "energy": 26.897384,
        "activity_lines": [
          20.6612,
          20.403971,
          20.928807,
          21.359121
        ]
      },
      {
        "date": "2025-05-16",
        "close": 21.77,
        "volume": 16887,
        "typical_volume": 37243.15,
        "trend": 21.81648,
        "fair_value": 20.361125,
        "relative_strength": -4.969325,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -15.860713,
        "energy": 23.969791,
        "activity_lines": [
          21.111993,
          20.653576,
          20.963485,
          21.354746
        ]
      },
      {
        "date": "2025-05-23",
        "close": 21.363,
        "volume": 4118,
        "typical_volume": 37282.8,
        "trend": 21.793773,
        "fair_value": 20.365875,
        "relative_strength": -4.074854,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -18.21021,
        "energy": 26.659962,
        "activity_lines": [
          21.29512,
          20.816273,
          20.961454,
          21.32549
        ]
      },
      {
        "date": "2025-05-30",
        "close": 21.7411,
        "volume": 17264,
        "typical_volume": 37661.25,
        "trend": 21.793443,
        "fair_value": 20.373283,
        "relative_strength": -3.851332,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 3.30956,
        "energy": 22.437669,
        "activity_lines": [
          21.502873,
          21.03166,
          20.999996,
          21.322091
        ]
      },
      {
        "date": "2025-06-06",
        "close": 21.9793,
        "volume": 12669,
        "typical_volume": 37578.85,
        "trend": 21.76156,
        "fair_value": 20.383354,
        "relative_strength": -4.18338,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 11.704372,
        "energy": 29.503726,
        "activity_lines": [
          21.700513,
          21.270589,
          21.06173,
          21.334082
        ]
      },
      {
        "date": "2025-06-13",
        "close": 21.8672,
        "volume": 12930,
        "typical_volume": 37695.2,
        "trend": 21.73666,
        "fair_value": 20.396414,
        "relative_strength": -4.148198,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 25.99345,
        "energy": 40.884519,
        "activity_lines": [
          21.798167,
          21.463518,
          21.115379,
          21.340898
        ]
      },
      {
        "date": "2025-06-20",
        "close": 21.8596,
        "volume": 3337,
        "typical_volume": 37176.05,
        "trend": 21.6882,
        "fair_value": 20.408986,
        "relative_strength": -3.850034,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 26.470416,
        "energy": 47.088087,
        "activity_lines": [
          21.83666,
          21.605105,
          21.173693,
          21.348829
        ]
      },
      {
        "date": "2025-06-27",
        "close": 22.4667,
        "volume": 4789,
        "typical_volume": 36889.05,
        "trend": 21.654523,
        "fair_value": 20.425417,
        "relative_strength": -4.312523,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 41.072337,
        "energy": 57.643762,
        "activity_lines": [
          22.071547,
          21.819445,
          21.293923,
          21.399055
        ]
      },
      {
        "date": "2025-07-04",
        "close": 22.5283,
        "volume": 2981,
        "typical_volume": 36543.95,
        "trend": 21.6223,
        "fair_value": 20.442275,
        "relative_strength": -5.460692,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 41.339268,
        "energy": 63.649638,
        "activity_lines": [
          22.253387,
          21.997262,
          21.42156,
          21.455428
        ]
      },
      {
        "date": "2025-07-11",
        "close": 22.3846,
        "volume": 5214,
        "typical_volume": 36228.85,
        "trend": 21.61042,
        "fair_value": 20.458212,
        "relative_strength": -5.61035,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 42.903012,
        "energy": 69.905981,
        "activity_lines": [
          22.334847,
          22.110225,
          21.536727,
          21.504608
        ]
      },
      {
        "date": "2025-07-18",
        "close": 22.5465,
        "volume": 4159,
        "typical_volume": 27488.4,
        "trend": 21.6208,
        "fair_value": 20.475186,
        "relative_strength": -5.351694,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 46.435276,
        "energy": 74.374363,
        "activity_lines": [
          22.443253,
          22.228178,
          21.665863,
          21.565001
        ]
      },
      {
        "date": "2025-07-25",
        "close": 22.9806,
        "volume": 12712,
        "typical_volume": 12249.2,
        "trend": 21.646777,
        "fair_value": 20.495069,
        "relative_strength": -4.779587,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 85.703174,
        "energy": 92.183395,
        "activity_lines": [
          22.651073,
          22.397264,
          21.833168,
          21.65273
        ]
      },
      {
        "date": "2025-08-01",
        "close": 22.386,
        "volume": 5892,
        "typical_volume": 10970.8,
        "trend": 21.648937,
        "fair_value": 20.511141,
        "relative_strength": -4.768003,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.211187,
        "energy": 81.469053,
        "activity_lines": [
          22.58596,
          22.436229,
          21.934698,
          21.700422
        ]
      },
      {
        "date": "2025-08-08",
        "close": 22.4874,
        "volume": 14849,
        "typical_volume": 11166.8,
        "trend": 21.67027,
        "fair_value": 20.526857,
        "relative_strength": -6.425343,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.817126,
        "energy": 64.717942,
        "activity_lines": [
          22.560027,
          22.475031,
          22.03681,
          21.754516
        ]
      },
      {
        "date": "2025-08-15",
        "close": 22.5414,
        "volume": 2756,
        "typical_volume": 10502.9,
        "trend": 21.670867,
        "fair_value": 20.544037,
        "relative_strength": -6.892055,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.761386,
        "energy": 56.103668,
        "activity_lines": [
          22.55482,
          22.510082,
          22.135333,
          21.810718
        ]
      },
      {
        "date": "2025-08-22",
        "close": 22.51,
        "volume": 11618,
        "typical_volume": 9839.1,
        "trend": 21.654573,
        "fair_value": 20.563103,
        "relative_strength": -7.073731,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.067011,
        "energy": 43.437388,
        "activity_lines": [
          22.528693,
          22.529204,
          22.22148,
          21.864855
        ]
      },
      {
        "date": "2025-08-29",
        "close": 22.3745,
        "volume": 1363,
        "typical_volume": 8772.8,
        "trend": 21.643053,
        "fair_value": 20.582871,
        "relative_strength": -7.366771,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.369198,
        "energy": 40.111549,
        "activity_lines": [
          22.459833,
          22.512002,
          22.278576,
          21.911302
        ]
      },
      {
        "date": "2025-09-05",
        "close": 22.46,
        "volume": 7503,
        "typical_volume": 8300.2,
        "trend": 21.632053,
        "fair_value": 20.602511,
        "relative_strength": -7.082534,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.693198,
        "energy": 36.487461,
        "activity_lines": [
          22.45988,
          22.500984,
          22.331508,
          21.964009
        ]
      },
      {
        "date": "2025-09-12",
        "close": 22.8138,
        "volume": 6381,
        "typical_volume": 8053.5,
        "trend": 21.633057,
        "fair_value": 20.625472,
        "relative_strength": -6.858928,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 68.080988,
        "energy": 46.759355,
        "activity_lines": [
          22.572927,
          22.554415,
          22.405668,
          22.04025
        ]
      },
      {
        "date": "2025-09-19",
        "close": 22.9427,
        "volume": 8108,
        "typical_volume": 8093.45,
        "trend": 21.661813,
        "fair_value": 20.650264,
        "relative_strength": -7.255458,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 70.591493,
        "energy": 51.663924,
        "activity_lines": [
          22.70718,
          22.626091,
          22.480602,
          22.124743
        ]
      },
      {
        "date": "2025-09-26",
        "close": 22.5818,
        "volume": 3445,
        "typical_volume": 7948.75,
        "trend": 21.685207,
        "fair_value": 20.672921,
        "relative_strength": -8.243413,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.605234,
        "energy": 46.163266,
        "activity_lines": [
          22.69438,
          22.622002,
          22.512104,
          22.184097
        ]
      },
      {
        "date": "2025-10-03",
        "close": 23.0691,
        "volume": 4052,
        "typical_volume": 7307.0,
        "trend": 21.752177,
        "fair_value": 20.698649,
        "relative_strength": -7.098681,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.610343,
        "energy": 55.303624,
        "activity_lines": [
          22.839227,
          22.705871,
          22.582569,
          22.273381
        ]
      },
      {
        "date": "2025-10-10",
        "close": 22.3119,
        "volume": 2658,
        "typical_volume": 7234.0,
        "trend": 21.81324,
        "fair_value": 20.719461,
        "relative_strength": -7.703778,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.985258,
        "energy": 36.273332,
        "activity_lines": [
          22.685367,
          22.650458,
          22.574732,
          22.309492
        ]
      },
      {
        "date": "2025-10-17",
        "close": 22.6802,
        "volume": 12545,
        "typical_volume": 6998.05,
        "trend": 21.880783,
        "fair_value": 20.742602,
        "relative_strength": -7.561989,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.384048,
        "energy": 29.236723,
        "activity_lines": [
          22.664147,
          22.663356,
          22.597454,
          22.365425
        ]
      },
      {
        "date": "2025-10-24",
        "close": 23.1282,
        "volume": 2533,
        "typical_volume": 6491.25,
        "trend": 21.966047,
        "fair_value": 20.768362,
        "relative_strength": -7.314553,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.642352,
        "energy": 41.287414,
        "activity_lines": [
          22.801167,
          22.754204,
          22.65837,
          22.445903
        ]
      },
      {
        "date": "2025-10-31",
        "close": 23.1841,
        "volume": 7232,
        "typical_volume": 6206.35,
        "trend": 22.101537,
        "fair_value": 20.794514,
        "relative_strength": -7.525655,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.004081,
        "energy": 42.483147,
        "activity_lines": [
          22.944453,
          22.844545,
          22.719139,
          22.524488
        ]
      },
      {
        "date": "2025-11-07",
        "close": 22.7761,
        "volume": 5468,
        "typical_volume": 6312.9,
        "trend": 22.201073,
        "fair_value": 20.817987,
        "relative_strength": -7.416029,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.493416,
        "energy": 38.883662,
        "activity_lines": [
          22.911587,
          22.848449,
          22.73478,
          22.568008
        ]
      },
      {
        "date": "2025-11-14",
        "close": 22.6074,
        "volume": 2290,
        "typical_volume": 6187.95,
        "trend": 22.293257,
        "fair_value": 20.840222,
        "relative_strength": -7.971012,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.845369,
        "energy": 32.667685,
        "activity_lines": [
          22.84202,
          22.814378,
          22.72999,
          22.594222
        ]
      },
      {
        "date": "2025-11-21",
        "close": 21.7511,
        "volume": 1818,
        "typical_volume": 6129.8,
        "trend": 22.338347,
        "fair_value": 20.856936,
        "relative_strength": -9.408269,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": -7.576517,
        "energy": 10.714957,
        "activity_lines": [
          22.46732,
          22.621936,
          22.642978,
          22.559245
        ]
      },
      {
        "date": "2025-11-28",
        "close": 22.7615,
        "volume": 1641,
        "typical_volume": 5951.15,
        "trend": 22.39573,
        "fair_value": 20.880127,
        "relative_strength": -8.282588,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.221393,
        "energy": 17.359647,
        "activity_lines": [
          22.49136,
          22.632525,
          22.655895,
          22.586545
        ]
      },
      {
        "date": "2025-12-05",
        "close": 22.8875,
        "volume": 11465,
        "typical_volume": 6316.45,
        "trend": 22.458053,
        "fair_value": 20.904032,
        "relative_strength": -7.803757,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.260708,
        "energy": 16.85361,
        "activity_lines": [
          22.581847,
          22.669318,
          22.679017,
          22.618272
        ]
      },
      {
        "date": "2025-12-12",
        "close": 22.7297,
        "volume": 3311,
        "typical_volume": 5846.4,
        "trend": 22.490043,
        "fair_value": 20.926969,
        "relative_strength": -7.678502,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 20.207355,
        "energy": 12.231226,
        "activity_lines": [
          22.639507,
          22.671862,
          22.685487,
          22.635797
        ]
      },
      {
        "date": "2025-12-19",
        "close": 22.93,
        "volume": 4825,
        "typical_volume": 5793.05,
        "trend": 22.542277,
        "fair_value": 20.95124,
        "relative_strength": -6.761321,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 51.036035,
        "energy": 26.058899,
        "activity_lines": [
          22.767027,
          22.716995,
          22.712228,
          22.664182
        ]
      },
      {
        "date": "2025-12-26",
        "close": 23.3275,
        "volume": 2652,
        "typical_volume": 5183.2,
        "trend": 22.595157,
        "fair_value": 20.977924,
        "relative_strength": -6.283274,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 63.43592,
        "energy": 45.379766,
        "activity_lines": [
          23.00554,
          22.823162,
          22.774236,
          22.714841
        ]
      },
      {
        "date": "2026-01-02",
        "close": 23.2814,
        "volume": 208,
        "typical_volume": 5055.8,
        "trend": 22.63856,
        "fair_value": 21.004313,
        "relative_strength": -5.285317,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.366254,
        "energy": 54.161939,
        "activity_lines": [
          23.123593,
          22.909178,
          22.827852,
          22.759115
        ]
      },
      {
        "date": "2026-01-09",
        "close": 24.1708,
        "volume": 19057,
        "typical_volume": 5427.75,
        "trend": 22.715347,
        "fair_value": 21.036654,
        "relative_strength": -3.042749,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.846646,
        "energy": 76.156746,
        "activity_lines": [
          23.503453,
          23.154118,
          22.96265,
          22.857969
        ]
      },
      {
        "date": "2026-01-16",
        "close": 24.7303,
        "volume": 7739,
        "typical_volume": 5746.55,
        "trend": 22.811037,
        "fair_value": 21.072299,
        "relative_strength": -0.32587,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.421105,
        "energy": 87.272084,
        "activity_lines": [
          23.98426,
          23.482845,
          23.142825,
          22.987966
        ]
      },
      {
        "date": "2026-01-23",
        "close": 24.8937,
        "volume": 2717,
        "typical_volume": 5507.25,
        "trend": 22.891937,
        "fair_value": 21.108928,
        "relative_strength": 0.802828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.651418,
        "energy": 90.886514,
        "activity_lines": [
          24.38616,
          23.805751,
          23.327343,
          23.122332
        ]
      },
      {
        "date": "2026-01-30",
        "close": 25.13,
        "volume": 5007,
        "typical_volume": 5438.55,
        "trend": 22.97866,
        "fair_value": 21.147166,
        "relative_strength": 1.458998,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.123778,
        "energy": 91.69932,
        "activity_lines": [
          24.735913,
          24.130051,
          23.522778,
          23.266723
        ]
      },
      {
        "date": "2026-02-06",
        "close": 25.3,
        "volume": 3731,
        "typical_volume": 5219.7,
        "trend": 23.07584,
        "fair_value": 21.18706,
        "relative_strength": 2.441064,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.160001,
        "energy": 90.728441,
        "activity_lines": [
          25.022167,
          24.423825,
          23.723373,
          23.416487
        ]
      },
      {
        "date": "2026-02-13",
        "close": 25.27,
        "volume": 1733,
        "typical_volume": 5134.1,
        "trend": 23.166623,
        "fair_value": 21.226384,
        "relative_strength": 3.692091,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.471584,
        "energy": 86.691568,
        "activity_lines": [
          25.163847,
          24.665991,
          23.909886,
          23.558045
        ]
      },
      {
        "date": "2026-02-20",
        "close": 25.6759,
        "volume": 2092,
        "typical_volume": 5036.1,
        "trend": 23.256467,
        "fair_value": 21.268908,
        "relative_strength": 4.183575,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.965803,
        "energy": 87.406347,
        "activity_lines": [
          25.367547,
          24.938638,
          24.122255,
          23.719934
        ]
      },
      {
        "date": "2026-02-27",
        "close": 25.6786,
        "volume": 2330,
        "typical_volume": 5019.7,
        "trend": 23.36622,
        "fair_value": 21.311197,
        "relative_strength": 4.70701,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.520729,
        "energy": 85.106004,
        "activity_lines": [
          25.509107,
          25.158209,
          24.322468,
          23.876201
        ]
      },
      {
        "date": "2026-03-06",
        "close": 23.9493,
        "volume": 5223,
        "typical_volume": 4653.6,
        "trend": 23.41495,
        "fair_value": 21.342998,
        "relative_strength": -0.293825,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.876562,
        "energy": 50.751103,
        "activity_lines": [
          25.021907,
          25.013387,
          24.341953,
          23.913819
        ]
      },
      {
        "date": "2026-03-13",
        "close": 23.8545,
        "volume": 3439,
        "typical_volume": 4698.9,
        "trend": 23.45872,
        "fair_value": 21.374244,
        "relative_strength": 0.867774,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.660006,
        "energy": 28.855407,
        "activity_lines": [
          24.58182,
          24.840024,
          24.346367,
          23.942177
        ]
      },
      {
        "date": "2026-03-20",
        "close": 23.5664,
        "volume": 8247,
        "typical_volume": 4749.65,
        "trend": 23.493933,
        "fair_value": 21.403621,
        "relative_strength": 1.514885,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.041828,
        "energy": 24.181078,
        "activity_lines": [
          24.142067,
          24.603858,
          24.319884,
          23.949124
        ]
      },
      {
        "date": "2026-03-27",
        "close": 23.2348,
        "volume": 6708,
        "typical_volume": 4811.65,
        "trend": 23.52261,
        "fair_value": 21.430394,
        "relative_strength": 2.416145,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.261031,
        "energy": 26.347761,
        "activity_lines": [
          23.705353,
          24.318391,
          24.26,
          23.932406
        ]
      },
      {
        "date": "2026-04-03",
        "close": 24.1954,
        "volume": 2469,
        "typical_volume": 4820.6,
        "trend": 23.580457,
        "fair_value": 21.463396,
        "relative_strength": 3.191586,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.213397,
        "energy": 22.401622,
        "activity_lines": [
          23.75158,
          24.234769,
          24.289417,
          23.975812
        ]
      },
      {
        "date": "2026-04-10",
        "close": 25.87,
        "volume": 4009,
        "typical_volume": 4930.15,
        "trend": 23.68233,
        "fair_value": 21.506912,
        "relative_strength": 6.462983,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.732944,
        "energy": 19.763791,
        "activity_lines": [
          24.454887,
          24.468316,
          24.470758,
          24.123524
        ]
      },
      {
        "date": "2026-04-17",
        "close": 26.6262,
        "volume": 2360,
        "typical_volume": 4966.1,
        "trend": 23.805113,
        "fair_value": 21.555244,
        "relative_strength": 4.87662,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 74.952697,
        "energy": 56.276667,
        "activity_lines": [
          25.282213,
          24.8259,
          24.704504,
          24.313451
        ]
      },
      {
        "date": "2026-04-24",
        "close": 27.1573,
        "volume": 3442,
        "typical_volume": 4564.95,
        "trend": 23.95763,
        "fair_value": 21.60698,
        "relative_strength": 6.366651,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.944751,
        "energy": 83.821913,
        "activity_lines": [
          26.101793,
          25.255935,
          24.970428,
          24.529721
        ]
      },
      {
        "date": "2026-05-01",
        "close": 27.4516,
        "volume": 3072,
        "typical_volume": 4553.0,
        "trend": 24.103713,
        "fair_value": 21.660666,
        "relative_strength": 6.487082,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.946559,
        "energy": 90.55595,
        "activity_lines": [
          26.78008,
          25.705164,
          25.244048,
          24.755139
        ]
      },
      {
        "date": "2026-05-08",
        "close": 29.948,
        "volume": 2256,
        "typical_volume": 4424.55,
        "trend": 24.35825,
        "fair_value": 21.730261,
        "relative_strength": 13.31963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 95.041502,
        "energy": 97.708852,
        "activity_lines": [
          28.00938,
          26.575998,
          25.732935,
          25.132189
        ]
      },
      {
        "date": "2026-05-15",
        "close": 29.927,
        "volume": 5098,
        "typical_volume": 4546.85,
        "trend": 24.59981,
        "fair_value": 21.799815,
        "relative_strength": 12.795079,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.897378,
        "energy": 95.630684,
        "activity_lines": [
          28.848173,
          27.365389,
          26.186403,
          25.491464
        ]
      },
      {
        "date": "2026-05-22",
        "close": 30.3228,
        "volume": 7152,
        "typical_volume": 4894.05,
        "trend": 24.83963,
        "fair_value": 21.871975,
        "relative_strength": 13.091936,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.739058,
        "energy": 93.714566,
        "activity_lines": [
          29.548433,
          28.118058,
          26.64614,
          25.860689
        ]
      },
      {
        "date": "2026-05-29",
        "close": 31.7584,
        "volume": 14835,
        "typical_volume": 4682.95,
        "trend": 25.12544,
        "fair_value": 21.95308,
        "relative_strength": 16.457945,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.638094,
        "energy": 95.689705,
        "activity_lines": [
          30.480787,
          29.01414,
          27.209071,
          26.307061
        ]
      },
      {
        "date": "2026-06-05",
        "close": 30.8434,
        "volume": 1068,
        "typical_volume": 4349.4,
        "trend": 25.39435,
        "fair_value": 22.02766,
        "relative_strength": 15.7146,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.310461,
        "energy": 82.260131,
        "activity_lines": [
          30.8014,
          29.594913,
          27.648727,
          26.675962
        ]
      },
      {
        "date": "2026-06-12",
        "close": 32.2396,
        "volume": 4239,
        "typical_volume": 4425.5,
        "trend": 25.715423,
        "fair_value": 22.110279,
        "relative_strength": 19.858643,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.12085,
        "energy": 73.712011,
        "activity_lines": [
          31.361293,
          30.291202,
          28.192245,
          27.117591
        ]
      },
      {
        "date": "2026-06-19",
        "close": 33.6046,
        "volume": 2650,
        "typical_volume": 4307.65,
        "trend": 26.11054,
        "fair_value": 22.202219,
        "relative_strength": 23.273588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.546467,
        "energy": 78.867324,
        "activity_lines": [
          32.223413,
          31.089415,
          28.830782,
          27.62657
        ]
      },
      {
        "date": "2026-06-26",
        "close": 32.3639,
        "volume": 22649,
        "typical_volume": 5253.55,
        "trend": 26.43062,
        "fair_value": 22.284504,
        "relative_strength": 21.137259,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.614014,
        "energy": 66.718917,
        "activity_lines": [
          32.426793,
          31.521416,
          29.310802,
          28.030012
        ]
      },
      {
        "date": "2026-07-03",
        "close": 31.3239,
        "volume": 9447,
        "typical_volume": 5639.25,
        "trend": 26.711833,
        "fair_value": 22.361001,
        "relative_strength": 14.420609,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.242418,
        "energy": 63.945985,
        "activity_lines": [
          32.147433,
          31.660005,
          29.658137,
          28.345708
        ]
      },
      {
        "date": "2026-07-10",
        "close": 31.9577,
        "volume": 4066,
        "typical_volume": 5737.95,
        "trend": 27.019433,
        "fair_value": 22.439991,
        "relative_strength": 14.800466,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.760658,
        "energy": 59.15529,
        "activity_lines": [
          32.108307,
          31.838075,
          30.037005,
          28.684151
        ]
      },
      {
        "date": "2026-07-17",
        "close": 29.78,
        "volume": 12717,
        "typical_volume": 6257.3,
        "trend": 27.247767,
        "fair_value": 22.504769,
        "relative_strength": 8.44412,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.76288,
        "energy": 37.065048,
        "activity_lines": [
          31.268993,
          31.538269,
          30.17856,
          28.862252
        ]
      },
      {
        "date": "2026-07-24",
        "close": 29.8839,
        "volume": 10671,
        "typical_volume": 6529.7,
        "trend": 27.466313,
        "fair_value": 22.570415,
        "relative_strength": 9.238675,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.122215,
        "energy": 24.097041,
        "activity_lines": [
          30.628287,
          31.260409,
          30.31048,
          29.032325
        ]
      },
      {
        "date": "2026-07-31",
        "close": 29.3596,
        "volume": 6419,
        "typical_volume": 6678.7,
        "trend": 27.66892,
        "fair_value": 22.634456,
        "relative_strength": 5.998921,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.681396,
        "energy": 23.590459,
        "activity_lines": [
          30.06086,
          30.888005,
          30.364207,
          29.154473
        ]
      },
      {
        "date": "2026-08-07",
        "close": 30.13,
        "volume": 100507,
        "typical_volume": 11291.7,
        "trend": 27.86756,
        "fair_value": 22.703754,
        "relative_strength": 4.911747,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.763199,
        "energy": 24.282687,
        "activity_lines": [
          29.95052,
          30.673187,
          30.46509,
          29.313252
        ]
      }
    ],
    "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."
    }
  }
}