{
  "ticker": {
    "uuid": "ecde97d5-d044-4dd1-9732-fde933fd7f74",
    "symbol": "AIUU",
    "name": "BNP PARIBAS EASY II MSCI USA PAB UCITS ETFUSD Acc",
    "exchange": "EBS",
    "country": "CH",
    "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": "^SSMI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 80.83,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 81.917,
    "architecture_energy": 55.725,
    "architecture_maturity": 55.611,
    "architecture_confidence": 53.183,
    "architecture_tenure": "Developing",
    "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": 32.58,
        "rotation_up": 46.7,
        "upward_expansion": 72.61,
        "deceleration": 73.44,
        "rotation_down": 28.67,
        "downward_expansion": 12.95
      },
      "activity_lines": [
        16.020134,
        15.9536,
        15.865391,
        15.525213
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 16.492001,
    "trend_reference": 15.1392,
    "distance_from_trend": 0.089357,
    "trend_direction": "Improving",
    "fair_value": 13.128276,
    "distance_from_fair_value": 0.25622,
    "fair_value_direction": "Improving",
    "relative_strength": -0.308999,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.150391,
    "excess_performance": 0.067507,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.089357,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.02495,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.25622,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.028625,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.00309,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.068029,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.150391,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.871813,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 580,
      "relative_activity": 0.12647,
      "balance": 2.871813,
      "dry_up": 0.606731,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.019375,
      "annualized_volatility": 0.154533,
      "from_high_reference": 0.0,
      "from_low_reference": 0.234246
    },
    "levels": {
      "trend_reference": 15.1392,
      "fair_value_reference": 13.128276,
      "structural_low": 13.362,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 2,
        "median_return": 0.000286,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.041913,
        "regime_survival": 0.5,
        "best_return": 0.023077,
        "worst_return": -0.022504,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.041462,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.045404,
        "regime_survival": 0.0,
        "best_return": 0.041462,
        "worst_return": 0.041462,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.070513,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.017283,
        "regime_survival": 1.0,
        "best_return": 0.070513,
        "worst_return": 0.070513,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-20",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": 0.050298,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-25",
        "end": "2026-01-23",
        "tenure": "Extended",
        "return": 0.060998,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-01-30",
        "end": "2026-02-13",
        "tenure": "New",
        "return": -0.028232,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-02-20",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.039748,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-27",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.068852,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-04-17",
        "end": "2026-05-22",
        "tenure": "Developing",
        "return": 0.079412,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-29",
        "end": "2026-07-03",
        "tenure": "Developing",
        "return": -0.034604,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-10",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.023077,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-11-24",
        "close": 10.0247,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 10.1358,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 10.1673,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 10.4553,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 10.5348,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 9.528,
        "volume": 900,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 9.528,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 9.528,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 9.528,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 9.997,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 9.997,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 10.342,
        "volume": 40154,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 10.332,
        "volume": 790,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 10.408,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 10.408,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 10.408,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 10.408,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 10.408,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 10.408,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 10.408,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 10.408,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 10.408,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 10.408,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 11.62,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 11.386,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 11.704,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 11.936,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 11.992,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 12.066,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 12.21,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 12.45,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 12.14,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 12.022,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 11.77,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 11.752,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 12.242,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 12.466,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 12.416,
        "volume": 1500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 12.05,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 12.55,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 12.682,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 12.788,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 12.686,
        "volume": 4851,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 12.82,
        "volume": 28926,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 12.942,
        "volume": 4731,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 12.882,
        "volume": 19084,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 12.704,
        "volume": 4751,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 13.228,
        "volume": 4841,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 13.2,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 13.132,
        "volume": 9222,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 13.346,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 13.562,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 13.544,
        "volume": 4251,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 12.992,
        "volume": 168397,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 13.35,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 13.242,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 12.944,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 13.312,
        "volume": 4362,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 13.548,
        "volume": 8532,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 13.488,
        "volume": 4261,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 13.342,
        "volume": 33978,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 13.404,
        "volume": 4311,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 13.37,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 12.808,
        "volume": 35628,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 12.562,
        "volume": 76567,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 12.188,
        "volume": 55632,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 12.242,
        "volume": 4751,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 12.138,
        "volume": 18564,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 11.584,
        "volume": 98970,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 11.414,
        "volume": 42307,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-18",
        "close": 11.426,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-25",
        "close": 11.9,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-02",
        "close": 12.332,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-09",
        "close": 12.372,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-16",
        "close": 13.012,
        "volume": 37076,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-23",
        "close": 12.756,
        "volume": 4731,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-30",
        "close": 12.976,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-06",
        "close": 13.204,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-13",
        "close": 13.206,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-20",
        "close": 13.082,
        "volume": 0,
        "typical_volume": 20625.75,
        "trend": 12.821533,
        "fair_value": 11.908249,
        "relative_strength": 5.292672,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 27.7483,
        "energy": 57.073881,
        "activity_lines": [
          13.1036,
          12.898982,
          12.574895,
          12.660422
        ]
      },
      {
        "date": "2025-06-27",
        "close": 13.5,
        "volume": 12352,
        "typical_volume": 19544.45,
        "trend": 12.826667,
        "fair_value": 11.9279,
        "relative_strength": 7.429384,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 42.56031,
        "energy": 64.527073,
        "activity_lines": [
          13.255333,
          13.057782,
          12.663857,
          12.704194
        ]
      },
      {
        "date": "2025-07-04",
        "close": 13.634,
        "volume": 0,
        "typical_volume": 19328.9,
        "trend": 12.829067,
        "fair_value": 11.948706,
        "relative_strength": 8.326032,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 53.039292,
        "energy": 71.276965,
        "activity_lines": [
          13.402133,
          13.203236,
          12.764829,
          12.75628
        ]
      },
      {
        "date": "2025-07-11",
        "close": 13.62,
        "volume": 1,
        "typical_volume": 19328.95,
        "trend": 12.8316,
        "fair_value": 11.968842,
        "relative_strength": 8.26642,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 50.083687,
        "energy": 79.61619,
        "activity_lines": [
          13.5004,
          13.314618,
          12.863371,
          12.807308
        ]
      },
      {
        "date": "2025-07-18",
        "close": 13.74,
        "volume": 4601,
        "typical_volume": 17777.6,
        "trend": 12.856533,
        "fair_value": 11.989927,
        "relative_strength": 8.509889,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 78.843488,
        "energy": 91.195766,
        "activity_lines": [
          13.610933,
          13.4244,
          12.972152,
          12.865914
        ]
      },
      {
        "date": "2025-07-25",
        "close": 13.902,
        "volume": 0,
        "typical_volume": 13949.25,
        "trend": 12.874933,
        "fair_value": 12.012422,
        "relative_strength": 9.678137,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.739105,
        "energy": 93.020294,
        "activity_lines": [
          13.739867,
          13.538764,
          13.091924,
          12.933363
        ]
      },
      {
        "date": "2025-08-01",
        "close": 13.968,
        "volume": 0,
        "typical_volume": 11167.65,
        "trend": 12.899133,
        "fair_value": 12.035162,
        "relative_strength": 10.933245,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.163004,
        "energy": 93.454422,
        "activity_lines": [
          13.836133,
          13.648945,
          13.2116,
          13.003884
        ]
      },
      {
        "date": "2025-08-08",
        "close": 13.868,
        "volume": 0,
        "typical_volume": 10930.1,
        "trend": 12.929933,
        "fair_value": 12.056229,
        "relative_strength": 9.499921,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.56846,
        "energy": 88.240895,
        "activity_lines": [
          13.867867,
          13.718909,
          13.313276,
          13.066391
        ]
      },
      {
        "date": "2025-08-15",
        "close": 14.068,
        "volume": 0,
        "typical_volume": 10001.9,
        "trend": 12.955133,
        "fair_value": 12.07909,
        "relative_strength": 8.855058,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.596853,
        "energy": 93.72549,
        "activity_lines": [
          13.950667,
          13.809018,
          13.426257,
          13.139815
        ]
      },
      {
        "date": "2025-08-22",
        "close": 14.108,
        "volume": 0,
        "typical_volume": 5053.4,
        "trend": 12.9738,
        "fair_value": 12.101887,
        "relative_strength": 7.197879,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.162947,
        "energy": 92.52595,
        "activity_lines": [
          14.016933,
          13.890691,
          13.533857,
          13.214194
        ]
      },
      {
        "date": "2025-08-29",
        "close": 14.13,
        "volume": 0,
        "typical_volume": 2938.05,
        "trend": 12.9952,
        "fair_value": 12.124421,
        "relative_strength": 7.73482,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.448234,
        "energy": 90.207953,
        "activity_lines": [
          14.066,
          13.959964,
          13.631533,
          13.288787
        ]
      },
      {
        "date": "2025-09-05",
        "close": 14.05,
        "volume": 0,
        "typical_volume": 2938.05,
        "trend": 13.0188,
        "fair_value": 12.145581,
        "relative_strength": 5.307146,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.216884,
        "energy": 83.001407,
        "activity_lines": [
          14.0732,
          13.995636,
          13.708657,
          13.356839
        ]
      },
      {
        "date": "2025-09-12",
        "close": 14.322,
        "volume": 1,
        "typical_volume": 2938.1,
        "trend": 13.0494,
        "fair_value": 12.169238,
        "relative_strength": 8.645876,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.69652,
        "energy": 73.809588,
        "activity_lines": [
          14.1656,
          14.070764,
          13.79919,
          13.440916
        ]
      },
      {
        "date": "2025-09-19",
        "close": 14.478,
        "volume": 500,
        "typical_volume": 2963.1,
        "trend": 13.086333,
        "fair_value": 12.194063,
        "relative_strength": 10.33201,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.376817,
        "energy": 75.402195,
        "activity_lines": [
          14.279733,
          14.161745,
          13.893048,
          13.533084
        ]
      },
      {
        "date": "2025-09-26",
        "close": 14.42,
        "volume": 0,
        "typical_volume": 2963.1,
        "trend": 13.140067,
        "fair_value": 12.217744,
        "relative_strength": 11.224217,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.844554,
        "energy": 72.075589,
        "activity_lines": [
          14.3472,
          14.226582,
          13.971162,
          13.619127
        ]
      },
      {
        "date": "2025-10-03",
        "close": 14.734,
        "volume": 0,
        "typical_volume": 1109.3,
        "trend": 13.212467,
        "fair_value": 12.244231,
        "relative_strength": 8.169014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.71043,
        "energy": 93.067698,
        "activity_lines": [
          14.498533,
          14.336145,
          14.069429,
          13.721961
        ]
      },
      {
        "date": "2025-10-10",
        "close": 14.602,
        "volume": 0,
        "typical_volume": 872.75,
        "trend": 13.292933,
        "fair_value": 12.268791,
        "relative_strength": 7.203268,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.350456,
        "energy": 82.80931,
        "activity_lines": [
          14.5656,
          14.406582,
          14.146924,
          13.811609
        ]
      },
      {
        "date": "2025-10-17",
        "close": 14.466,
        "volume": 0,
        "typical_volume": 872.75,
        "trend": 13.367067,
        "fair_value": 12.291442,
        "relative_strength": 4.661406,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.212219,
        "energy": 68.021987,
        "activity_lines": [
          14.550533,
          14.440764,
          14.202676,
          13.88729
        ]
      },
      {
        "date": "2025-10-24",
        "close": 14.8765,
        "volume": 0,
        "typical_volume": 872.75,
        "trend": 13.45835,
        "fair_value": 12.31782,
        "relative_strength": 8.044662,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.106344,
        "energy": 75.268458,
        "activity_lines": [
          14.6627,
          14.538709,
          14.290429,
          13.984673
        ]
      },
      {
        "date": "2025-10-31",
        "close": 15.064,
        "volume": 0,
        "typical_volume": 872.75,
        "trend": 13.57435,
        "fair_value": 12.34556,
        "relative_strength": 12.056536,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.293728,
        "energy": 75.426878,
        "activity_lines": [
          14.8108,
          14.656045,
          14.388074,
          14.088263
        ]
      },
      {
        "date": "2025-11-07",
        "close": 14.578,
        "volume": 0,
        "typical_volume": 872.75,
        "trend": 13.679817,
        "fair_value": 12.367884,
        "relative_strength": 7.757389,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.597248,
        "energy": 64.94156,
        "activity_lines": [
          14.753967,
          14.667636,
          14.430586,
          14.153015
        ]
      },
      {
        "date": "2025-11-14",
        "close": 14.804,
        "volume": 0,
        "typical_volume": 255.15,
        "trend": 13.792417,
        "fair_value": 12.392004,
        "relative_strength": 6.450381,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.300021,
        "energy": 64.69283,
        "activity_lines": [
          14.782867,
          14.712173,
          14.487498,
          14.225543
        ]
      },
      {
        "date": "2025-11-21",
        "close": 14.406,
        "volume": 0,
        "typical_volume": 255.15,
        "trend": 13.87595,
        "fair_value": 12.411749,
        "relative_strength": 3.566469,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.609405,
        "energy": 46.221612,
        "activity_lines": [
          14.665633,
          14.670636,
          14.500295,
          14.265129
        ]
      },
      {
        "date": "2025-11-28",
        "close": 14.918,
        "volume": 0,
        "typical_volume": 255.1,
        "trend": 13.96215,
        "fair_value": 12.436082,
        "relative_strength": 5.513751,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.831018,
        "energy": 45.924456,
        "activity_lines": [
          14.723067,
          14.720664,
          14.558179,
          14.332358
        ]
      },
      {
        "date": "2025-12-05",
        "close": 15.006,
        "volume": 4291,
        "typical_volume": 239.6,
        "trend": 14.04995,
        "fair_value": 12.460792,
        "relative_strength": 5.280379,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.495421,
        "energy": 53.150896,
        "activity_lines": [
          14.807067,
          14.778691,
          14.618262,
          14.399703
        ]
      },
      {
        "date": "2025-12-12",
        "close": 14.812,
        "volume": 12813,
        "typical_volume": 880.25,
        "trend": 14.10995,
        "fair_value": 12.483185,
        "relative_strength": 4.329027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.740845,
        "energy": 44.891757,
        "activity_lines": [
          14.830267,
          14.790791,
          14.65384,
          14.448868
        ]
      },
      {
        "date": "2025-12-19",
        "close": 14.874,
        "volume": 0,
        "typical_volume": 880.25,
        "trend": 14.18055,
        "fair_value": 12.50574,
        "relative_strength": 2.525279,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.064369,
        "energy": 49.983153,
        "activity_lines": [
          14.858533,
          14.812745,
          14.69099,
          14.498161
        ]
      },
      {
        "date": "2025-12-26",
        "close": 15.032,
        "volume": 0,
        "typical_volume": 880.25,
        "trend": 14.249083,
        "fair_value": 12.52935,
        "relative_strength": 3.089494,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.010901,
        "energy": 55.541771,
        "activity_lines": [
          14.9348,
          14.858482,
          14.738874,
          14.553094
        ]
      },
      {
        "date": "2026-01-02",
        "close": 15.052,
        "volume": 0,
        "typical_volume": 880.25,
        "trend": 14.310683,
        "fair_value": 12.552707,
        "relative_strength": 3.043068,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.13358,
        "energy": 52.998083,
        "activity_lines": [
          14.976,
          14.897564,
          14.783119,
          14.604895
        ]
      },
      {
        "date": "2026-01-09",
        "close": 14.962,
        "volume": 0,
        "typical_volume": 880.25,
        "trend": 14.369217,
        "fair_value": 12.574811,
        "relative_strength": 1.218976,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.252497,
        "energy": 48.598786,
        "activity_lines": [
          14.978267,
          14.917091,
          14.814107,
          14.646915
        ]
      },
      {
        "date": "2026-01-16",
        "close": 14.856,
        "volume": 28273,
        "typical_volume": 2293.9,
        "trend": 14.42835,
        "fair_value": 12.595549,
        "relative_strength": 0.568287,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.854107,
        "energy": 43.274362,
        "activity_lines": [
          14.948133,
          14.9192,
          14.830933,
          14.67832
        ]
      },
      {
        "date": "2026-01-23",
        "close": 14.75,
        "volume": 18832,
        "typical_volume": 3235.5,
        "trend": 14.470017,
        "fair_value": 12.614959,
        "relative_strength": 1.840097,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.327784,
        "energy": 28.92548,
        "activity_lines": [
          14.879733,
          14.896982,
          14.834207,
          14.699072
        ]
      },
      {
        "date": "2026-01-30",
        "close": 14.664,
        "volume": 1000,
        "typical_volume": 3285.45,
        "trend": 14.50435,
        "fair_value": 12.633254,
        "relative_strength": 0.85807,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.63704,
        "energy": 16.988993,
        "activity_lines": [
          14.790933,
          14.860109,
          14.825957,
          14.711587
        ]
      },
      {
        "date": "2026-02-06",
        "close": 14.336,
        "volume": 10604,
        "typical_volume": 3790.65,
        "trend": 14.528217,
        "fair_value": 12.648322,
        "relative_strength": -3.197938,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -16.542289,
        "energy": 26.105641,
        "activity_lines": [
          14.617333,
          14.758909,
          14.78484,
          14.700726
        ]
      },
      {
        "date": "2026-02-13",
        "close": 14.25,
        "volume": 0,
        "typical_volume": 3790.65,
        "trend": 14.545217,
        "fair_value": 12.662372,
        "relative_strength": -4.980722,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -43.873889,
        "energy": 54.867626,
        "activity_lines": [
          14.4628,
          14.652655,
          14.73621,
          14.682776
        ]
      },
      {
        "date": "2026-02-20",
        "close": 14.29,
        "volume": 3340,
        "typical_volume": 3957.65,
        "trend": 14.55815,
        "fair_value": 12.676525,
        "relative_strength": -6.492798,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.200504,
        "energy": 69.811876,
        "activity_lines": [
          14.369067,
          14.567418,
          14.692198,
          14.666311
        ]
      },
      {
        "date": "2026-02-27",
        "close": 14.334,
        "volume": 2640,
        "typical_volume": 4089.65,
        "trend": 14.57035,
        "fair_value": 12.690814,
        "relative_strength": -7.300499,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.263751,
        "energy": 72.247882,
        "activity_lines": [
          14.327733,
          14.499673,
          14.65449,
          14.651849
        ]
      },
      {
        "date": "2026-03-06",
        "close": 14.256,
        "volume": 3900,
        "typical_volume": 4284.65,
        "trend": 14.583283,
        "fair_value": 12.704191,
        "relative_strength": -1.55634,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.764,
        "energy": 76.343045,
        "activity_lines": [
          14.288133,
          14.427564,
          14.610631,
          14.631569
        ]
      },
      {
        "date": "2026-03-13",
        "close": 13.976,
        "volume": 1950,
        "typical_volume": 4382.15,
        "trend": 14.580217,
        "fair_value": 12.714969,
        "relative_strength": -1.810976,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -61.954986,
        "energy": 83.628738,
        "activity_lines": [
          14.1824,
          14.318655,
          14.541105,
          14.592389
        ]
      },
      {
        "date": "2026-03-20",
        "close": 13.722,
        "volume": 1980,
        "typical_volume": 4481.15,
        "trend": 14.56735,
        "fair_value": 12.723432,
        "relative_strength": 0.151489,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -92.852539,
        "energy": 95.381871,
        "activity_lines": [
          14.016,
          14.183127,
          14.451676,
          14.53702
        ]
      },
      {
        "date": "2026-03-27",
        "close": 13.362,
        "volume": 670,
        "typical_volume": 4514.65,
        "trend": 14.54175,
        "fair_value": 12.728753,
        "relative_strength": -4.604077,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -95.467396,
        "energy": 97.566689,
        "activity_lines": [
          13.7648,
          14.004691,
          14.334352,
          14.459256
        ]
      },
      {
        "date": "2026-04-03",
        "close": 13.824,
        "volume": 0,
        "typical_volume": 4514.65,
        "trend": 14.534217,
        "fair_value": 12.737805,
        "relative_strength": -4.551701,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.694693,
        "energy": 85.477503,
        "activity_lines": [
          13.729467,
          13.937418,
          14.266819,
          14.412949
        ]
      },
      {
        "date": "2026-04-10",
        "close": 14.282,
        "volume": 1320,
        "typical_volume": 4580.65,
        "trend": 14.532883,
        "fair_value": 12.750462,
        "relative_strength": -3.008652,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.626485,
        "energy": 59.481839,
        "activity_lines": [
          13.8808,
          13.970255,
          14.247571,
          14.396677
        ]
      },
      {
        "date": "2026-04-17",
        "close": 14.96,
        "volume": 3210,
        "typical_volume": 4741.15,
        "trend": 14.54895,
        "fair_value": 12.768426,
        "relative_strength": -0.476479,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": -12.522581,
        "energy": 14.058099,
        "activity_lines": [
          14.2564,
          14.133309,
          14.293486,
          14.424233
        ]
      },
      {
        "date": "2026-04-24",
        "close": 15.24,
        "volume": 6190,
        "typical_volume": 4836.1,
        "trend": 14.576283,
        "fair_value": 12.788358,
        "relative_strength": 3.080326,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.984525,
        "energy": 40.556592,
        "activity_lines": [
          14.659733,
          14.335927,
          14.365867,
          14.468817
        ]
      },
      {
        "date": "2026-05-01",
        "close": 15.272,
        "volume": 1830,
        "typical_volume": 4286.95,
        "trend": 14.594217,
        "fair_value": 12.808227,
        "relative_strength": 3.283289,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 44.927303,
        "energy": 54.763867,
        "activity_lines": [
          14.972533,
          14.526364,
          14.440181,
          14.513702
        ]
      },
      {
        "date": "2026-05-08",
        "close": 15.752,
        "volume": 0,
        "typical_volume": 4286.95,
        "trend": 14.63255,
        "fair_value": 12.83159,
        "relative_strength": 6.49393,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 54.534503,
        "energy": 80.464132,
        "activity_lines": [
          15.318,
          14.786218,
          14.558019,
          14.588398
        ]
      },
      {
        "date": "2026-05-15",
        "close": 15.93,
        "volume": 25985,
        "typical_volume": 5586.2,
        "trend": 14.68135,
        "fair_value": 12.855987,
        "relative_strength": 6.45135,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 61.826092,
        "energy": 86.40209,
        "activity_lines": [
          15.594267,
          15.052655,
          14.688629,
          14.672104
        ]
      },
      {
        "date": "2026-05-22",
        "close": 16.148001,
        "volume": 0,
        "typical_volume": 5586.2,
        "trend": 14.723733,
        "fair_value": 12.881706,
        "relative_strength": 5.377416,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 88.498334,
        "energy": 95.67149,
        "activity_lines": [
          15.833334,
          15.328291,
          14.835724,
          14.766727
        ]
      },
      {
        "date": "2026-05-29",
        "close": 16.472,
        "volume": 11971,
        "typical_volume": 6184.75,
        "trend": 14.770667,
        "fair_value": 12.909538,
        "relative_strength": 6.897742,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.033241,
        "energy": 96.209586,
        "activity_lines": [
          16.1012,
          15.623346,
          15.008457,
          14.879518
        ]
      },
      {
        "date": "2026-06-05",
        "close": 16.32,
        "volume": 0,
        "typical_volume": 4771.1,
        "trend": 14.828733,
        "fair_value": 12.935772,
        "relative_strength": 6.85984,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.324069,
        "energy": 90.655452,
        "activity_lines": [
          16.236267,
          15.840764,
          15.159524,
          14.979475
        ]
      },
      {
        "date": "2026-06-12",
        "close": 15.932,
        "volume": 0,
        "typical_volume": 3829.5,
        "trend": 14.866333,
        "fair_value": 12.958644,
        "relative_strength": 1.757068,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.18985,
        "energy": 77.674953,
        "activity_lines": [
          16.172133,
          15.933855,
          15.266667,
          15.050654
        ]
      },
      {
        "date": "2026-06-19",
        "close": 15.874,
        "volume": 18545,
        "typical_volume": 4706.75,
        "trend": 14.915267,
        "fair_value": 12.98073,
        "relative_strength": 0.815138,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.238764,
        "energy": 66.059105,
        "activity_lines": [
          16.076667,
          15.978073,
          15.362657,
          15.115665
        ]
      },
      {
        "date": "2026-06-26",
        "close": 15.53,
        "volume": 590,
        "typical_volume": 4206.05,
        "trend": 14.935667,
        "fair_value": 12.999898,
        "relative_strength": -4.094014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.891909,
        "energy": 53.048253,
        "activity_lines": [
          15.870267,
          15.9308,
          15.420124,
          15.155325
        ]
      },
      {
        "date": "2026-07-03",
        "close": 15.902,
        "volume": 1160,
        "typical_volume": 4264.05,
        "trend": 14.965533,
        "fair_value": 13.021555,
        "relative_strength": -3.45014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.142135,
        "energy": 41.349014,
        "activity_lines": [
          15.829067,
          15.9408,
          15.507333,
          15.217669
        ]
      },
      {
        "date": "2026-07-10",
        "close": 16.120001,
        "volume": 9120,
        "typical_volume": 4553.05,
        "trend": 15.009133,
        "fair_value": 13.044507,
        "relative_strength": -0.811769,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.585244,
        "energy": 47.624677,
        "activity_lines": [
          15.898534,
          15.9784,
          15.607438,
          15.292151
        ]
      },
      {
        "date": "2026-07-17",
        "close": 15.966,
        "volume": 560,
        "typical_volume": 4449.05,
        "trend": 15.045533,
        "fair_value": 13.065988,
        "relative_strength": -2.448134,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.915958,
        "energy": 46.788461,
        "activity_lines": [
          15.93,
          15.972582,
          15.684162,
          15.353884
        ]
      },
      {
        "date": "2026-07-24",
        "close": 15.666,
        "volume": 580,
        "typical_volume": 4283.05,
        "trend": 15.066667,
        "fair_value": 13.084966,
        "relative_strength": -4.058763,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.963933,
        "energy": 45.001421,
        "activity_lines": [
          15.8592,
          15.908327,
          15.724543,
          15.393914
        ]
      },
      {
        "date": "2026-07-31",
        "close": 15.698,
        "volume": 9410,
        "typical_volume": 4656.05,
        "trend": 15.0882,
        "fair_value": 13.103901,
        "relative_strength": -3.85035,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.813971,
        "energy": 37.546846,
        "activity_lines": [
          15.812933,
          15.854691,
          15.761257,
          15.434645
        ]
      },
      {
        "date": "2026-08-07",
        "close": 16.492001,
        "volume": 580,
        "typical_volume": 4586.05,
        "trend": 15.1392,
        "fair_value": 13.128276,
        "relative_strength": -0.308999,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 81.917433,
        "energy": 55.724765,
        "activity_lines": [
          16.020134,
          15.9536,
          15.865391,
          15.525213
        ]
      }
    ],
    "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."
    }
  }
}