{
  "ticker": {
    "uuid": "f094011c-87e4-4335-bc79-e0933b9ea74c",
    "symbol": "RDWR",
    "name": "Radware Ltd",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 91.462,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 31.425,
    "architecture_energy": 16.056,
    "architecture_maturity": 66.69,
    "architecture_confidence": 77.531,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 41.46,
        "rotation_up": 30.32,
        "upward_expansion": 57.81,
        "deceleration": 84.79,
        "rotation_down": 29.52,
        "downward_expansion": 19.15
      },
      "activity_lines": [
        28.454667,
        28.860182,
        28.56219,
        27.850151
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 28.3,
    "trend_reference": 26.884833,
    "distance_from_trend": 0.052638,
    "trend_direction": "Improving",
    "fair_value": 22.309199,
    "distance_from_fair_value": 0.268535,
    "fair_value_direction": "Weakening",
    "relative_strength": -4.638535,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.130643,
    "excess_performance": -0.05681,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.052638,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.070093,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.268535,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.01093,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.046385,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.057225,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.130643,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.924645,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1083660,
      "relative_activity": 0.92272,
      "balance": 0.924645,
      "dry_up": 1.263325,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.107412,
      "annualized_volatility": 0.491333,
      "from_high_reference": -0.136958,
      "from_low_reference": 0.305351
    },
    "levels": {
      "trend_reference": 26.884833,
      "fair_value_reference": 22.309199,
      "structural_low": 22.022,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 20,
        "median_return": -0.010765,
        "positive_rate": 0.45,
        "directional_follow_through": 0.45,
        "median_excess_return": -0.011903,
        "regime_survival": 0.65,
        "best_return": 0.135641,
        "worst_return": -0.224784,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": 0.048891,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.012128,
        "regime_survival": 0.555556,
        "best_return": 0.136005,
        "worst_return": -0.147932,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.038479,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.060809,
        "regime_survival": 0.4,
        "best_return": 0.246614,
        "worst_return": -0.375798,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.014187,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.101828,
        "regime_survival": 0.333333,
        "best_return": 0.294582,
        "worst_return": -0.279167,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-09",
        "end": "2024-11-08",
        "tenure": "Established",
        "return": 0.014905,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-15",
        "end": "2024-11-29",
        "tenure": "New",
        "return": 0.029909,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-06",
        "end": "2025-01-03",
        "tenure": "Developing",
        "return": -0.048106,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-10",
        "end": "2025-04-04",
        "tenure": "Established",
        "return": -0.075339,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-05-02",
        "tenure": "New",
        "return": 0.13579,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-09",
        "end": "2025-06-13",
        "tenure": "Developing",
        "return": 0.205256,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-20",
        "end": "2025-08-08",
        "tenure": "Developing",
        "return": -0.105857,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-15",
        "end": "2025-11-07",
        "tenure": "Established",
        "return": -0.060778,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-14",
        "end": "2025-11-21",
        "tenure": "New",
        "return": -0.051073,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-28",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": 0.074978,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-30",
        "end": "2026-02-06",
        "tenure": "New",
        "return": 0.036439,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-13",
        "end": "2026-02-27",
        "tenure": "New",
        "return": -0.170845,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-06",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.081108,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-08",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.02984,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 17.05,
        "volume": 545000,
        "typical_volume": 743394.55,
        "trend": 19.992333,
        "fair_value": 26.050449,
        "relative_strength": -28.828972,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.566244,
        "energy": 82.74453,
        "activity_lines": [
          17.34,
          18.046,
          18.745476,
          19.304989
        ]
      },
      {
        "date": "2023-08-25",
        "close": 16.83,
        "volume": 683395,
        "typical_volume": 762388.1,
        "trend": 19.844667,
        "fair_value": 25.992179,
        "relative_strength": -30.459854,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.402162,
        "energy": 84.933894,
        "activity_lines": [
          17.067333,
          17.734,
          18.498048,
          19.100968
        ]
      },
      {
        "date": "2023-09-01",
        "close": 17.19,
        "volume": 513026,
        "typical_volume": 765733.35,
        "trend": 19.679667,
        "fair_value": 25.943782,
        "relative_strength": -30.953413,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.469014,
        "energy": 75.214137,
        "activity_lines": [
          17.031333,
          17.540182,
          18.310857,
          18.929699
        ]
      },
      {
        "date": "2023-09-08",
        "close": 16.88,
        "volume": 437637,
        "typical_volume": 731698.05,
        "trend": 19.530333,
        "fair_value": 25.895577,
        "relative_strength": -30.683106,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.18519,
        "energy": 63.760235,
        "activity_lines": [
          16.983333,
          17.327273,
          18.121905,
          18.749075
        ]
      },
      {
        "date": "2023-09-15",
        "close": 16.76,
        "volume": 1064811,
        "typical_volume": 759466.55,
        "trend": 19.387333,
        "fair_value": 25.846474,
        "relative_strength": -30.173224,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.256492,
        "energy": 55.202482,
        "activity_lines": [
          16.906667,
          17.138182,
          17.941095,
          18.570344
        ]
      },
      {
        "date": "2023-09-22",
        "close": 16.32,
        "volume": 591885,
        "typical_volume": 739552.25,
        "trend": 19.238667,
        "fair_value": 25.796282,
        "relative_strength": -28.930465,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.166691,
        "energy": 56.182813,
        "activity_lines": [
          16.699333,
          16.918,
          17.734524,
          18.372452
        ]
      },
      {
        "date": "2023-09-29",
        "close": 16.92,
        "volume": 568650,
        "typical_volume": 697927.35,
        "trend": 19.087333,
        "fair_value": 25.750288,
        "relative_strength": -25.614423,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.125552,
        "energy": 49.607174,
        "activity_lines": [
          16.740667,
          16.863091,
          17.59819,
          18.22286
        ]
      },
      {
        "date": "2023-10-06",
        "close": 16.85,
        "volume": 668353,
        "typical_volume": 695000.85,
        "trend": 18.958,
        "fair_value": 25.700032,
        "relative_strength": -26.440353,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.293625,
        "energy": 45.236767,
        "activity_lines": [
          16.752667,
          16.825636,
          17.468762,
          18.078516
        ]
      },
      {
        "date": "2023-10-13",
        "close": 16.26,
        "volume": 673828,
        "typical_volume": 685349.15,
        "trend": 18.822333,
        "fair_value": 25.648237,
        "relative_strength": -28.302957,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.228251,
        "energy": 48.503984,
        "activity_lines": [
          16.590667,
          16.712,
          17.292571,
          17.904452
        ]
      },
      {
        "date": "2023-10-20",
        "close": 15.94,
        "volume": 973684,
        "typical_volume": 706740.6,
        "trend": 18.668333,
        "fair_value": 25.596571,
        "relative_strength": -26.728997,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.027046,
        "energy": 50.583544,
        "activity_lines": [
          16.363333,
          16.554545,
          17.100143,
          17.718495
        ]
      },
      {
        "date": "2023-10-27",
        "close": 15.03,
        "volume": 836178,
        "typical_volume": 702703.3,
        "trend": 18.451333,
        "fair_value": 25.548686,
        "relative_strength": -28.149171,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.754806,
        "energy": 67.449329,
        "activity_lines": [
          15.887333,
          16.250909,
          16.838714,
          17.483763
        ]
      },
      {
        "date": "2023-11-03",
        "close": 14.89,
        "volume": 1494425,
        "typical_volume": 730729.7,
        "trend": 18.205,
        "fair_value": 25.488109,
        "relative_strength": -32.438775,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.847769,
        "energy": 87.587997,
        "activity_lines": [
          15.450667,
          15.958545,
          16.588048,
          17.254
        ]
      },
      {
        "date": "2023-11-10",
        "close": 15.29,
        "volume": 1894385,
        "typical_volume": 804582.75,
        "trend": 17.947333,
        "fair_value": 25.425609,
        "relative_strength": -31.827679,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.217862,
        "energy": 81.85688,
        "activity_lines": [
          15.282667,
          15.774182,
          16.398524,
          17.065935
        ]
      },
      {
        "date": "2023-11-17",
        "close": 15.33,
        "volume": 882566,
        "typical_volume": 816509.7,
        "trend": 17.758667,
        "fair_value": 25.363173,
        "relative_strength": -32.264559,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.442733,
        "energy": 74.697345,
        "activity_lines": [
          15.232,
          15.631636,
          16.231619,
          16.897075
        ]
      },
      {
        "date": "2023-11-24",
        "close": 15.38,
        "volume": 570331,
        "typical_volume": 818132.45,
        "trend": 17.599667,
        "fair_value": 25.298365,
        "relative_strength": -31.87448,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.211595,
        "energy": 53.721019,
        "activity_lines": [
          15.26,
          15.526364,
          16.08881,
          16.743613
        ]
      },
      {
        "date": "2023-12-01",
        "close": 15.54,
        "volume": 1192306,
        "typical_volume": 853318.8,
        "trend": 17.482,
        "fair_value": 25.235096,
        "relative_strength": -30.518878,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.907231,
        "energy": 45.238504,
        "activity_lines": [
          15.378667,
          15.475273,
          15.980619,
          16.610731
        ]
      },
      {
        "date": "2023-12-08",
        "close": 16.17,
        "volume": 1168468,
        "typical_volume": 867183.6,
        "trend": 17.362,
        "fair_value": 25.175737,
        "relative_strength": -27.355914,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.06495,
        "energy": 29.76054,
        "activity_lines": [
          15.673333,
          15.552909,
          15.950857,
          16.526086
        ]
      },
      {
        "date": "2023-12-15",
        "close": 16.9,
        "volume": 3512665,
        "typical_volume": 1018360.7,
        "trend": 17.297667,
        "fair_value": 25.117404,
        "relative_strength": -25.836329,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.187609,
        "energy": 15.961297,
        "activity_lines": [
          16.126,
          15.776909,
          16.002095,
          16.49628
        ]
      },
      {
        "date": "2023-12-22",
        "close": 16.44,
        "volume": 512431,
        "typical_volume": 977426.7,
        "trend": 17.204,
        "fair_value": 25.048686,
        "relative_strength": -27.718854,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.001518,
        "energy": 20.155027,
        "activity_lines": [
          16.318,
          15.916364,
          16.017429,
          16.440946
        ]
      },
      {
        "date": "2023-12-29",
        "close": 16.68,
        "volume": 253028,
        "typical_volume": 951852.6,
        "trend": 17.105,
        "fair_value": 24.977724,
        "relative_strength": -26.03956,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.794003,
        "energy": 16.837649,
        "activity_lines": [
          16.516,
          16.096182,
          16.058524,
          16.40714
        ]
      },
      {
        "date": "2024-01-05",
        "close": 15.71,
        "volume": 489981,
        "typical_volume": 949101.65,
        "trend": 16.959,
        "fair_value": 24.899006,
        "relative_strength": -27.18131,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.538935,
        "energy": 16.731026,
        "activity_lines": [
          16.304,
          16.086182,
          16.008762,
          16.31714
        ]
      },
      {
        "date": "2024-01-12",
        "close": 16.7,
        "volume": 508845,
        "typical_volume": 940374.15,
        "trend": 16.858,
        "fair_value": 24.827692,
        "relative_strength": -24.227876,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.390103,
        "energy": 8.702582,
        "activity_lines": [
          16.410667,
          16.243818,
          16.059667,
          16.30043
        ]
      },
      {
        "date": "2024-01-19",
        "close": 16.99,
        "volume": 1392416,
        "typical_volume": 984343.65,
        "trend": 16.783,
        "fair_value": 24.755449,
        "relative_strength": -24.167692,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.936929,
        "energy": 9.494357,
        "activity_lines": [
          16.578667,
          16.421273,
          16.13881,
          16.308946
        ]
      },
      {
        "date": "2024-01-26",
        "close": 18.26,
        "volume": 1066102,
        "typical_volume": 1015766.9,
        "trend": 16.745333,
        "fair_value": 24.690769,
        "relative_strength": -18.141744,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 36.51948,
        "energy": 39.573073,
        "activity_lines": [
          17.164,
          16.798727,
          16.339857,
          16.404237
        ]
      },
      {
        "date": "2024-02-02",
        "close": 18.76,
        "volume": 1134074,
        "typical_volume": 1019230.05,
        "trend": 16.722333,
        "fair_value": 24.624487,
        "relative_strength": -16.027427,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 54.227474,
        "energy": 68.037804,
        "activity_lines": [
          17.794667,
          17.213818,
          16.581952,
          16.534215
        ]
      },
      {
        "date": "2024-02-09",
        "close": 19.35,
        "volume": 899603,
        "typical_volume": 1034615.95,
        "trend": 16.720333,
        "fair_value": 24.580641,
        "relative_strength": -14.107922,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 53.657914,
        "energy": 73.735546,
        "activity_lines": [
          18.483333,
          17.674727,
          16.870714,
          16.703742
        ]
      },
      {
        "date": "2024-02-16",
        "close": 18.09,
        "volume": 552738,
        "typical_volume": 1033820.35,
        "trend": 16.704,
        "fair_value": 24.521282,
        "relative_strength": -17.620653,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 65.203725,
        "energy": 76.547632,
        "activity_lines": [
          18.509333,
          17.837273,
          17.025048,
          16.792108
        ]
      },
      {
        "date": "2024-02-23",
        "close": 17.72,
        "volume": 579767,
        "typical_volume": 1029391.05,
        "trend": 16.676,
        "fair_value": 24.467821,
        "relative_strength": -19.508272,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.796545,
        "energy": 67.160257,
        "activity_lines": [
          18.319333,
          17.897636,
          17.138571,
          16.857656
        ]
      },
      {
        "date": "2024-03-01",
        "close": 17.91,
        "volume": 595039,
        "typical_volume": 1025451.6,
        "trend": 16.704667,
        "fair_value": 24.415897,
        "relative_strength": -19.274404,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.151807,
        "energy": 41.921603,
        "activity_lines": [
          18.144,
          17.977636,
          17.266048,
          16.937269
        ]
      },
      {
        "date": "2024-03-08",
        "close": 18.37,
        "volume": 563639,
        "typical_volume": 1004949.35,
        "trend": 16.750333,
        "fair_value": 24.363397,
        "relative_strength": -14.9565,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.310491,
        "energy": 35.114128,
        "activity_lines": [
          18.145333,
          18.114545,
          17.429476,
          17.04471
        ]
      },
      {
        "date": "2024-03-15",
        "close": 19.55,
        "volume": 4822136,
        "typical_volume": 1204247.25,
        "trend": 16.833667,
        "fair_value": 24.314038,
        "relative_strength": -7.636402,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.656288,
        "energy": 45.993595,
        "activity_lines": [
          18.566,
          18.435273,
          17.693714,
          17.225333
        ]
      },
      {
        "date": "2024-03-22",
        "close": 19.01,
        "volume": 941534,
        "typical_volume": 1176602.7,
        "trend": 16.906333,
        "fair_value": 24.267051,
        "relative_strength": -11.977597,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.337308,
        "energy": 45.946398,
        "activity_lines": [
          18.793333,
          18.588,
          17.885,
          17.365742
        ]
      },
      {
        "date": "2024-03-29",
        "close": 18.72,
        "volume": 904672,
        "typical_volume": 1127117.05,
        "trend": 16.957333,
        "fair_value": 24.2175,
        "relative_strength": -11.968837,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.092857,
        "energy": 49.810813,
        "activity_lines": [
          18.862667,
          18.646,
          18.029048,
          17.482753
        ]
      },
      {
        "date": "2024-04-05",
        "close": 17.82,
        "volume": 562471,
        "typical_volume": 1111112.3,
        "trend": 16.988667,
        "fair_value": 24.160513,
        "relative_strength": -14.495511,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.285717,
        "energy": 37.323174,
        "activity_lines": [
          18.565333,
          18.508909,
          18.071048,
          17.538409
        ]
      },
      {
        "date": "2024-04-12",
        "close": 16.63,
        "volume": 1025170,
        "typical_volume": 1133854.25,
        "trend": 16.984333,
        "fair_value": 24.084872,
        "relative_strength": -18.65439,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 16.970749,
        "energy": 12.710279,
        "activity_lines": [
          17.877333,
          18.163455,
          17.987857,
          17.515269
        ]
      },
      {
        "date": "2024-04-19",
        "close": 16.24,
        "volume": 1815077,
        "typical_volume": 1164992.8,
        "trend": 16.981667,
        "fair_value": 23.998269,
        "relative_strength": -15.071594,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -6.377091,
        "energy": 19.445345,
        "activity_lines": [
          17.175333,
          17.785818,
          17.861571,
          17.467247
        ]
      },
      {
        "date": "2024-04-26",
        "close": 17.03,
        "volume": 1488187,
        "typical_volume": 1180978.75,
        "trend": 16.985333,
        "fair_value": 23.929808,
        "relative_strength": -13.475391,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -14.211974,
        "energy": 27.458284,
        "activity_lines": [
          16.957333,
          17.608364,
          17.80719,
          17.470366
        ]
      },
      {
        "date": "2024-05-03",
        "close": 16.85,
        "volume": 1045433,
        "typical_volume": 1057617.15,
        "trend": 16.985333,
        "fair_value": 23.859423,
        "relative_strength": -14.523331,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -17.049575,
        "energy": 28.961787,
        "activity_lines": [
          16.811333,
          17.417455,
          17.731571,
          17.461634
        ]
      },
      {
        "date": "2024-05-10",
        "close": 19.33,
        "volume": 1981820,
        "typical_volume": 1131086.6,
        "trend": 17.087667,
        "fair_value": 23.803397,
        "relative_strength": -2.67868,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.562114,
        "energy": 18.122132,
        "activity_lines": [
          17.616667,
          17.693273,
          17.892381,
          17.612903
        ]
      },
      {
        "date": "2024-05-17",
        "close": 20.23,
        "volume": 1268064,
        "typical_volume": 1181838.4,
        "trend": 17.230667,
        "fair_value": 23.750385,
        "relative_strength": 0.160757,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 61.1607,
        "energy": 43.286306,
        "activity_lines": [
          18.621333,
          18.106909,
          18.125143,
          17.815634
        ]
      },
      {
        "date": "2024-05-24",
        "close": 20.13,
        "volume": 1305204,
        "typical_volume": 1222599.55,
        "trend": 17.400667,
        "fair_value": 23.692244,
        "relative_strength": -1.185744,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.506961,
        "energy": 66.397624,
        "activity_lines": [
          19.352667,
          18.468545,
          18.331476,
          18.002688
        ]
      },
      {
        "date": "2024-05-31",
        "close": 20.29,
        "volume": 1108869,
        "typical_volume": 1252600.75,
        "trend": 17.580667,
        "fair_value": 23.63641,
        "relative_strength": 1.672449,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.56938,
        "energy": 75.954682,
        "activity_lines": [
          19.878,
          18.848727,
          18.532,
          18.189097
        ]
      },
      {
        "date": "2024-06-07",
        "close": 18.56,
        "volume": 1981324,
        "typical_volume": 1282046.15,
        "trend": 17.689667,
        "fair_value": 23.563269,
        "relative_strength": -8.785536,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.836399,
        "energy": 67.499153,
        "activity_lines": [
          19.609333,
          18.891091,
          18.550667,
          18.25228
        ]
      },
      {
        "date": "2024-06-14",
        "close": 17.28,
        "volume": 2522677,
        "typical_volume": 1354874.9,
        "trend": 17.754667,
        "fair_value": 23.478782,
        "relative_strength": -17.304089,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 33.72259,
        "energy": 24.032017,
        "activity_lines": [
          18.8,
          18.703636,
          18.439952,
          18.225849
        ]
      },
      {
        "date": "2024-06-21",
        "close": 18.06,
        "volume": 6928094,
        "typical_volume": 1644575.9,
        "trend": 17.844,
        "fair_value": 23.398013,
        "relative_strength": -13.146609,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 26.504772,
        "energy": 14.448057,
        "activity_lines": [
          18.387333,
          18.667818,
          18.40819,
          18.245548
        ]
      },
      {
        "date": "2024-06-28",
        "close": 18.24,
        "volume": 2676022,
        "typical_volume": 1733396.85,
        "trend": 17.934,
        "fair_value": 23.315449,
        "relative_strength": -11.647126,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.198251,
        "energy": 20.891735,
        "activity_lines": [
          18.179333,
          18.638727,
          18.396905,
          18.271097
        ]
      },
      {
        "date": "2024-07-05",
        "close": 19.13,
        "volume": 859381,
        "typical_volume": 1748729.0,
        "trend": 18.032667,
        "fair_value": 23.238077,
        "relative_strength": -9.920621,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 32.190328,
        "energy": 20.665948,
        "activity_lines": [
          18.394,
          18.735091,
          18.475667,
          18.348258
        ]
      },
      {
        "date": "2024-07-12",
        "close": 18.96,
        "volume": 610606,
        "typical_volume": 1750270.95,
        "trend": 18.101333,
        "fair_value": 23.164872,
        "relative_strength": -9.943609,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 33.781794,
        "energy": 14.977081,
        "activity_lines": [
          18.629333,
          18.762364,
          18.533286,
          18.408086
        ]
      },
      {
        "date": "2024-07-19",
        "close": 17.76,
        "volume": 1939709,
        "typical_volume": 1817504.45,
        "trend": 18.145333,
        "fair_value": 23.079744,
        "relative_strength": -11.671457,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.588415,
        "energy": 7.326316,
        "activity_lines": [
          18.438,
          18.533091,
          18.470714,
          18.386065
        ]
      },
      {
        "date": "2024-07-26",
        "close": 18.55,
        "volume": 1285182,
        "typical_volume": 1853581.6,
        "trend": 18.207667,
        "fair_value": 22.992051,
        "relative_strength": -4.922861,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.719322,
        "energy": 13.100744,
        "activity_lines": [
          18.478,
          18.476,
          18.484095,
          18.412172
        ]
      },
      {
        "date": "2024-08-02",
        "close": 22.26,
        "volume": 3397285,
        "typical_volume": 1782339.05,
        "trend": 18.426,
        "fair_value": 22.929167,
        "relative_strength": 17.522385,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 76.318735,
        "energy": 54.734053,
        "activity_lines": [
          19.722,
          19.124,
          18.849952,
          18.673613
        ]
      },
      {
        "date": "2024-08-09",
        "close": 21.47,
        "volume": 1109050,
        "typical_volume": 1790714.85,
        "trend": 18.585,
        "fair_value": 22.856538,
        "relative_strength": 12.885974,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.604007,
        "energy": 67.624924,
        "activity_lines": [
          20.434667,
          19.589636,
          19.127667,
          18.87
        ]
      },
      {
        "date": "2024-08-16",
        "close": 22.2,
        "volume": 2717149,
        "typical_volume": 1881338.7,
        "trend": 18.758667,
        "fair_value": 22.788846,
        "relative_strength": 10.735254,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.838357,
        "energy": 78.271377,
        "activity_lines": [
          21.234667,
          20.166545,
          19.46319,
          19.103226
        ]
      },
      {
        "date": "2024-08-23",
        "close": 22.09,
        "volume": 616291,
        "typical_volume": 1884029.7,
        "trend": 18.886333,
        "fair_value": 22.710449,
        "relative_strength": 9.072111,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.406712,
        "energy": 78.921105,
        "activity_lines": [
          21.782,
          20.657273,
          19.771667,
          19.318151
        ]
      },
      {
        "date": "2024-08-30",
        "close": 21.8,
        "volume": 379698,
        "typical_volume": 1851756.1,
        "trend": 18.987667,
        "fair_value": 22.616731,
        "relative_strength": 8.486533,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.365814,
        "energy": 74.203977,
        "activity_lines": [
          21.944,
          21.007818,
          20.03219,
          19.506129
        ]
      },
      {
        "date": "2024-09-06",
        "close": 20.59,
        "volume": 471512,
        "typical_volume": 1784577.85,
        "trend": 19.029,
        "fair_value": 22.524231,
        "relative_strength": 8.749911,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.562292,
        "energy": 54.900318,
        "activity_lines": [
          21.486,
          21.070364,
          20.152857,
          19.609505
        ]
      },
      {
        "date": "2024-09-13",
        "close": 20.89,
        "volume": 648622,
        "typical_volume": 1742599.6,
        "trend": 19.122333,
        "fair_value": 22.429295,
        "relative_strength": 4.222729,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.743691,
        "energy": 38.868157,
        "activity_lines": [
          21.239333,
          21.144727,
          20.281381,
          19.72957
        ]
      },
      {
        "date": "2024-09-20",
        "close": 21.56,
        "volume": 870733,
        "typical_volume": 1733864.6,
        "trend": 19.250333,
        "fair_value": 22.336987,
        "relative_strength": 6.038345,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 47.231546,
        "energy": 30.072021,
        "activity_lines": [
          21.254667,
          21.308909,
          20.455333,
          19.886839
        ]
      },
      {
        "date": "2024-09-27",
        "close": 21.79,
        "volume": 496440,
        "typical_volume": 1659595.6,
        "trend": 19.379667,
        "fair_value": 22.258782,
        "relative_strength": 6.2067,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 47.652043,
        "energy": 28.974414,
        "activity_lines": [
          21.389333,
          21.467636,
          20.628762,
          20.050688
        ]
      },
      {
        "date": "2024-10-04",
        "close": 22.41,
        "volume": 1015097,
        "typical_volume": 1646947.25,
        "trend": 19.514333,
        "fair_value": 22.186346,
        "relative_strength": 9.127395,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.281767,
        "energy": 40.30538,
        "activity_lines": [
          21.750667,
          21.665818,
          20.849524,
          20.246194
        ]
      },
      {
        "date": "2024-10-11",
        "close": 23.87,
        "volume": 541722,
        "typical_volume": 1608773.15,
        "trend": 19.658333,
        "fair_value": 22.117179,
        "relative_strength": 14.627516,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.435518,
        "energy": 61.824243,
        "activity_lines": [
          22.558,
          22.059273,
          21.198952,
          20.527204
        ]
      },
      {
        "date": "2024-10-18",
        "close": 23.24,
        "volume": 1190022,
        "typical_volume": 1612830.8,
        "trend": 19.799333,
        "fair_value": 22.037628,
        "relative_strength": 11.263423,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.40083,
        "energy": 65.824203,
        "activity_lines": [
          22.936667,
          22.308909,
          21.470571,
          20.75828
        ]
      },
      {
        "date": "2024-10-25",
        "close": 22.38,
        "volume": 511471,
        "typical_volume": 1539338.15,
        "trend": 19.921333,
        "fair_value": 21.953974,
        "relative_strength": 6.896108,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.343039,
        "energy": 54.337075,
        "activity_lines": [
          22.872,
          22.37,
          21.646238,
          20.924774
        ]
      },
      {
        "date": "2024-11-01",
        "close": 21.69,
        "volume": 1129715,
        "typical_volume": 1469690.05,
        "trend": 20.050333,
        "fair_value": 21.877372,
        "relative_strength": 5.099114,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.126658,
        "energy": 39.310663,
        "activity_lines": [
          22.522667,
          22.302364,
          21.738,
          21.038882
        ]
      },
      {
        "date": "2024-11-08",
        "close": 21.79,
        "volume": 1540848,
        "typical_volume": 1200327.75,
        "trend": 20.222333,
        "fair_value": 21.808462,
        "relative_strength": 0.021424,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.279214,
        "energy": 24.331053,
        "activity_lines": [
          22.213333,
          22.260182,
          21.818286,
          21.151118
        ]
      },
      {
        "date": "2024-11-15",
        "close": 23.07,
        "volume": 2300900,
        "typical_volume": 1181571.65,
        "trend": 20.45,
        "fair_value": 21.762692,
        "relative_strength": 9.322549,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.040517,
        "energy": 24.635686,
        "activity_lines": [
          22.372,
          22.450909,
          22.002714,
          21.334839
        ]
      },
      {
        "date": "2024-11-22",
        "close": 23.17,
        "volume": 686024,
        "typical_volume": 1172903.8,
        "trend": 20.654667,
        "fair_value": 21.722885,
        "relative_strength": 7.500465,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.111202,
        "energy": 29.349275,
        "activity_lines": [
          22.617333,
          22.614727,
          22.173667,
          21.510323
        ]
      },
      {
        "date": "2024-11-29",
        "close": 23.76,
        "volume": 721538,
        "typical_volume": 1178450.4,
        "trend": 20.885,
        "fair_value": 21.687436,
        "relative_strength": 9.064337,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 60.500369,
        "energy": 36.413928,
        "activity_lines": [
          23.064,
          22.844364,
          22.381571,
          21.710667
        ]
      },
      {
        "date": "2024-12-06",
        "close": 23.49,
        "volume": 733961,
        "typical_volume": 1118163.0,
        "trend": 21.023667,
        "fair_value": 21.632628,
        "relative_strength": 4.251014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.810067,
        "energy": 43.111221,
        "activity_lines": [
          23.328667,
          22.984909,
          22.540905,
          21.878731
        ]
      },
      {
        "date": "2024-12-13",
        "close": 23.21,
        "volume": 611503,
        "typical_volume": 1084479.05,
        "trend": 21.123,
        "fair_value": 21.549103,
        "relative_strength": 2.140764,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.705458,
        "energy": 39.066376,
        "activity_lines": [
          23.38,
          23.043636,
          22.646286,
          22.019785
        ]
      },
      {
        "date": "2024-12-20",
        "close": 22.58,
        "volume": 954498,
        "typical_volume": 962339.7,
        "trend": 21.204667,
        "fair_value": 21.448077,
        "relative_strength": 1.501926,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.143657,
        "energy": 30.583615,
        "activity_lines": [
          23.126667,
          22.973273,
          22.669476,
          22.113785
        ]
      },
      {
        "date": "2024-12-27",
        "close": 23.22,
        "volume": 296273,
        "typical_volume": 921700.85,
        "trend": 21.302333,
        "fair_value": 21.33,
        "relative_strength": 3.274645,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.317674,
        "energy": 26.476097,
        "activity_lines": [
          23.119333,
          23.042727,
          22.752095,
          22.243806
        ]
      },
      {
        "date": "2025-01-03",
        "close": 22.36,
        "volume": 383438,
        "typical_volume": 805015.3,
        "trend": 21.429,
        "fair_value": 21.242372,
        "relative_strength": 0.065936,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 34.672055,
        "energy": 15.635116,
        "activity_lines": [
          22.822,
          22.956182,
          22.744476,
          22.312043
        ]
      },
      {
        "date": "2025-01-10",
        "close": 21.37,
        "volume": 402790,
        "typical_volume": 794340.25,
        "trend": 21.565333,
        "fair_value": 21.153782,
        "relative_strength": -2.26556,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 14.390918,
        "energy": 11.863822,
        "activity_lines": [
          22.288,
          22.69,
          22.64181,
          22.308237
        ]
      },
      {
        "date": "2025-01-17",
        "close": 21.83,
        "volume": 810314,
        "typical_volume": 815871.05,
        "trend": 21.691,
        "fair_value": 21.086218,
        "relative_strength": -3.000641,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.051933,
        "energy": 11.776165,
        "activity_lines": [
          22.048667,
          22.513273,
          22.586381,
          22.325312
        ]
      },
      {
        "date": "2025-01-24",
        "close": 22.01,
        "volume": 342013,
        "typical_volume": 809396.1,
        "trend": 21.816667,
        "fair_value": 21.020385,
        "relative_strength": -3.581099,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.317173,
        "energy": 15.2693,
        "activity_lines": [
          21.961333,
          22.368545,
          22.547952,
          22.345892
        ]
      },
      {
        "date": "2025-01-31",
        "close": 22.25,
        "volume": 521118,
        "typical_volume": 803020.9,
        "trend": 21.920667,
        "fair_value": 20.946859,
        "relative_strength": -1.098733,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.884893,
        "energy": 15.495586,
        "activity_lines": [
          21.992,
          22.286727,
          22.525619,
          22.373849
        ]
      },
      {
        "date": "2025-02-07",
        "close": 23.04,
        "volume": 688159,
        "typical_volume": 793892.2,
        "trend": 22.056667,
        "fair_value": 20.898205,
        "relative_strength": 2.311189,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 21.928558,
        "energy": 10.020597,
        "activity_lines": [
          22.350667,
          22.365273,
          22.572048,
          22.446065
        ]
      },
      {
        "date": "2025-02-14",
        "close": 24.05,
        "volume": 934616,
        "typical_volume": 815801.0,
        "trend": 22.266333,
        "fair_value": 20.855513,
        "relative_strength": 3.661436,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 49.074692,
        "energy": 27.401447,
        "activity_lines": [
          23.000667,
          22.640545,
          22.707619,
          22.574667
        ]
      },
      {
        "date": "2025-02-21",
        "close": 22.94,
        "volume": 531991,
        "typical_volume": 791645.7,
        "trend": 22.412667,
        "fair_value": 20.791859,
        "relative_strength": 1.01966,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 36.08639,
        "energy": 25.678805,
        "activity_lines": [
          23.102,
          22.703818,
          22.726714,
          22.618129
        ]
      },
      {
        "date": "2025-02-28",
        "close": 21.64,
        "volume": 721856,
        "typical_volume": 800652.4,
        "trend": 22.392,
        "fair_value": 20.713654,
        "relative_strength": -1.441069,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 17.371911,
        "energy": 13.760548,
        "activity_lines": [
          22.696,
          22.535636,
          22.619476,
          22.56828
        ]
      },
      {
        "date": "2025-03-07",
        "close": 22.1,
        "volume": 636143,
        "typical_volume": 772958.45,
        "trend": 22.413,
        "fair_value": 20.650513,
        "relative_strength": 3.874855,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 11.169877,
        "energy": 6.328964,
        "activity_lines": [
          22.468,
          22.468182,
          22.566667,
          22.549441
        ]
      },
      {
        "date": "2025-03-14",
        "close": 21.19,
        "volume": 402978,
        "typical_volume": 767533.8,
        "trend": 22.379333,
        "fair_value": 20.581603,
        "relative_strength": 2.168327,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -32.477243,
        "energy": 28.453658,
        "activity_lines": [
          21.946667,
          22.255636,
          22.432619,
          22.470538
        ]
      },
      {
        "date": "2025-03-21",
        "close": 22.99,
        "volume": 1370180,
        "typical_volume": 779557.05,
        "trend": 22.409333,
        "fair_value": 20.520128,
        "relative_strength": 10.328314,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.092274,
        "energy": 14.135372,
        "activity_lines": [
          22.148667,
          22.391636,
          22.475667,
          22.509935
        ]
      },
      {
        "date": "2025-03-28",
        "close": 21.98,
        "volume": 410045,
        "typical_volume": 723016.9,
        "trend": 22.415333,
        "fair_value": 20.452372,
        "relative_strength": 7.787808,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.769427,
        "energy": 22.47764,
        "activity_lines": [
          22.084667,
          22.314545,
          22.416333,
          22.482237
        ]
      },
      {
        "date": "2025-04-04",
        "close": 19.76,
        "volume": 459663,
        "typical_volume": 630955.05,
        "trend": 22.387667,
        "fair_value": 20.382244,
        "relative_strength": 7.22221,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -74.199638,
        "energy": 59.459513,
        "activity_lines": [
          21.344667,
          21.831091,
          22.144667,
          22.310925
        ]
      },
      {
        "date": "2025-04-11",
        "close": 20.62,
        "volume": 775044,
        "typical_volume": 635406.05,
        "trend": 22.378667,
        "fair_value": 20.317051,
        "relative_strength": 3.746147,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.127809,
        "energy": 50.300221,
        "activity_lines": [
          21.016667,
          21.544909,
          21.970667,
          22.196882
        ]
      },
      {
        "date": "2025-04-18",
        "close": 21.28,
        "volume": 1013617,
        "typical_volume": 650010.0,
        "trend": 22.369333,
        "fair_value": 20.259487,
        "relative_strength": 9.1415,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.407858,
        "energy": 53.544902,
        "activity_lines": [
          21.007333,
          21.408364,
          21.871667,
          22.126
        ]
      },
      {
        "date": "2025-04-25",
        "close": 23.19,
        "volume": 963373,
        "typical_volume": 661480.6,
        "trend": 22.416,
        "fair_value": 20.222821,
        "relative_strength": 11.32007,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.565936,
        "energy": 22.133691,
        "activity_lines": [
          21.628667,
          21.651091,
          21.966381,
          22.178946
        ]
      },
      {
        "date": "2025-05-02",
        "close": 23.42,
        "volume": 728068,
        "typical_volume": 667308.85,
        "trend": 22.449667,
        "fair_value": 20.208269,
        "relative_strength": 8.258073,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -13.099589,
        "energy": 10.300661,
        "activity_lines": [
          22.313333,
          21.951273,
          22.084429,
          22.24372
        ]
      },
      {
        "date": "2025-05-09",
        "close": 22.07,
        "volume": 1712823,
        "typical_volume": 705225.1,
        "trend": 22.389667,
        "fair_value": 20.194423,
        "relative_strength": 2.142713,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -4.556457,
        "energy": 11.400233,
        "activity_lines": [
          22.452,
          21.997273,
          22.072905,
          22.219226
        ]
      },
      {
        "date": "2025-05-16",
        "close": 23.8,
        "volume": 785852,
        "typical_volume": 729704.05,
        "trend": 22.408333,
        "fair_value": 20.192692,
        "relative_strength": 3.039163,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 21.94541,
        "energy": 23.722717,
        "activity_lines": [
          23.013333,
          22.35,
          22.228571,
          22.310215
        ]
      },
      {
        "date": "2025-05-23",
        "close": 23.3,
        "volume": 380974,
        "typical_volume": 729580.85,
        "trend": 22.439,
        "fair_value": 20.182179,
        "relative_strength": 3.23641,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.009983,
        "energy": 27.820418,
        "activity_lines": [
          23.196,
          22.580909,
          22.333857,
          22.367742
        ]
      },
      {
        "date": "2025-05-30",
        "close": 23.32,
        "volume": 424207,
        "typical_volume": 730651.7,
        "trend": 22.493333,
        "fair_value": 20.171282,
        "relative_strength": 1.376679,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.319826,
        "energy": 31.961387,
        "activity_lines": [
          23.250667,
          22.777091,
          22.436571,
          22.424581
        ]
      },
      {
        "date": "2025-06-06",
        "close": 24.28,
        "volume": 628209,
        "typical_volume": 721546.45,
        "trend": 22.576333,
        "fair_value": 20.184487,
        "relative_strength": 3.151317,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 37.076128,
        "energy": 42.867774,
        "activity_lines": [
          23.616667,
          23.141818,
          22.621429,
          22.539849
        ]
      },
      {
        "date": "2025-06-13",
        "close": 26.6,
        "volume": 1312040,
        "typical_volume": 770047.8,
        "trend": 22.694,
        "fair_value": 20.215641,
        "relative_strength": 12.9481,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 79.339194,
        "energy": 67.690742,
        "activity_lines": [
          24.698667,
          23.886545,
          23.015571,
          22.799441
        ]
      },
      {
        "date": "2025-06-20",
        "close": 27.49,
        "volume": 5040775,
        "typical_volume": 996030.65,
        "trend": 22.838,
        "fair_value": 20.247051,
        "relative_strength": 16.03994,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.077223,
        "energy": 79.032958,
        "activity_lines": [
          25.775333,
          24.668727,
          23.472619,
          23.10886
        ]
      },
      {
        "date": "2025-06-27",
        "close": 29.17,
        "volume": 1851291,
        "typical_volume": 1054187.25,
        "trend": 23.018333,
        "fair_value": 20.295449,
        "relative_strength": 17.474231,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.453165,
        "energy": 88.41136,
        "activity_lines": [
          27.166,
          25.631455,
          24.064714,
          23.517376
        ]
      },
      {
        "date": "2025-07-04",
        "close": 30.49,
        "volume": 997263,
        "typical_volume": 1057319.6,
        "trend": 23.251667,
        "fair_value": 20.346731,
        "relative_strength": 20.176903,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.566684,
        "energy": 94.818858,
        "activity_lines": [
          28.605333,
          26.690727,
          24.753333,
          23.999419
        ]
      },
      {
        "date": "2025-07-11",
        "close": 28.29,
        "volume": 1204525,
        "typical_volume": 1090946.3,
        "trend": 23.421,
        "fair_value": 20.39,
        "relative_strength": 11.324557,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.41514,
        "energy": 86.315513,
        "activity_lines": [
          28.833333,
          27.217273,
          25.201762,
          24.324473
        ]
      },
      {
        "date": "2025-07-18",
        "close": 29.17,
        "volume": 1636878,
        "typical_volume": 1136697.4,
        "trend": 23.640667,
        "fair_value": 20.431218,
        "relative_strength": 12.663486,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.038469,
        "energy": 83.878157,
        "activity_lines": [
          29.087333,
          27.815273,
          25.708524,
          24.695376
        ]
      },
      {
        "date": "2025-07-25",
        "close": 28.51,
        "volume": 1547865,
        "typical_volume": 1182283.5,
        "trend": 23.817,
        "fair_value": 20.465705,
        "relative_strength": 8.665732,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.153335,
        "energy": 74.734232,
        "activity_lines": [
          28.95,
          28.164182,
          26.116571,
          25.009527
        ]
      },
      {
        "date": "2025-08-01",
        "close": 25.33,
        "volume": 1528717,
        "typical_volume": 1238570.45,
        "trend": 23.916,
        "fair_value": 20.474808,
        "relative_strength": -1.107383,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 47.80731,
        "energy": 38.130957,
        "activity_lines": [
          27.684667,
          27.849273,
          26.191238,
          25.10714
        ]
      },
      {
        "date": "2025-08-08",
        "close": 24.58,
        "volume": 944126,
        "typical_volume": 1217267.75,
        "trend": 24.023,
        "fair_value": 20.480321,
        "relative_strength": -7.289283,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 29.938877,
        "energy": 22.20468,
        "activity_lines": [
          26.425333,
          27.361091,
          26.174762,
          25.149978
        ]
      },
      {
        "date": "2025-08-15",
        "close": 24.68,
        "volume": 721702,
        "typical_volume": 1232850.6,
        "trend": 24.118,
        "fair_value": 20.498782,
        "relative_strength": -7.197703,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.171553,
        "energy": 26.876059,
        "activity_lines": [
          25.593333,
          26.868182,
          26.160238,
          25.192366
        ]
      },
      {
        "date": "2025-08-22",
        "close": 25.15,
        "volume": 1026963,
        "typical_volume": 1261215.6,
        "trend": 24.222667,
        "fair_value": 20.528013,
        "relative_strength": -4.450503,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.035627,
        "energy": 28.475111,
        "activity_lines": [
          25.158667,
          26.453455,
          26.177619,
          25.258946
        ]
      },
      {
        "date": "2025-08-29",
        "close": 25.24,
        "volume": 687681,
        "typical_volume": 1256847.45,
        "trend": 24.322333,
        "fair_value": 20.550513,
        "relative_strength": -3.773138,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.387173,
        "energy": 21.189657,
        "activity_lines": [
          25.022,
          26.081455,
          26.177905,
          25.324581
        ]
      },
      {
        "date": "2025-09-05",
        "close": 25.01,
        "volume": 491073,
        "typical_volume": 1230720.25,
        "trend": 24.388,
        "fair_value": 20.56391,
        "relative_strength": -5.47896,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.995884,
        "energy": 16.784463,
        "activity_lines": [
          25.026667,
          25.708545,
          26.134286,
          25.368946
        ]
      },
      {
        "date": "2025-09-12",
        "close": 25.75,
        "volume": 516544,
        "typical_volume": 1208378.8,
        "trend": 24.444667,
        "fair_value": 20.585321,
        "relative_strength": -4.42862,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.351721,
        "energy": 11.848864,
        "activity_lines": [
          25.299333,
          25.545818,
          26.143381,
          25.456817
        ]
      },
      {
        "date": "2025-09-19",
        "close": 27.44,
        "volume": 2006469,
        "typical_volume": 1272298.85,
        "trend": 24.594667,
        "fair_value": 20.620705,
        "relative_strength": -0.347723,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.930508,
        "energy": 19.695483,
        "activity_lines": [
          26.057333,
          25.776545,
          26.301238,
          25.650065
        ]
      },
      {
        "date": "2025-09-26",
        "close": 26.9,
        "volume": 644897,
        "typical_volume": 1218902.55,
        "trend": 24.77,
        "fair_value": 20.653462,
        "relative_strength": -1.873244,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.685563,
        "energy": 24.296228,
        "activity_lines": [
          26.451333,
          25.924545,
          26.388524,
          25.798796
        ]
      },
      {
        "date": "2025-10-03",
        "close": 27.09,
        "volume": 404428,
        "typical_volume": 1199831.35,
        "trend": 24.936333,
        "fair_value": 20.687372,
        "relative_strength": -2.307495,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 42.060445,
        "energy": 30.93997,
        "activity_lines": [
          26.792,
          26.148364,
          26.470905,
          25.948473
        ]
      },
      {
        "date": "2025-10-10",
        "close": 26.01,
        "volume": 448682,
        "typical_volume": 1203216.75,
        "trend": 25.097,
        "fair_value": 20.717756,
        "relative_strength": -3.843794,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.995113,
        "energy": 27.675551,
        "activity_lines": [
          26.649333,
          26.201636,
          26.434762,
          26.017742
        ]
      },
      {
        "date": "2025-10-17",
        "close": 25.18,
        "volume": 500484,
        "typical_volume": 1207030.6,
        "trend": 25.17,
        "fair_value": 20.733269,
        "relative_strength": -8.924309,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.210744,
        "energy": 11.386306,
        "activity_lines": [
          26.163333,
          26.091636,
          26.306667,
          26.023097
        ]
      },
      {
        "date": "2025-10-24",
        "close": 26.5,
        "volume": 559714,
        "typical_volume": 1203605.85,
        "trend": 25.320667,
        "fair_value": 20.753333,
        "relative_strength": -6.097635,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.817926,
        "energy": 10.228783,
        "activity_lines": [
          26.155333,
          26.210727,
          26.295429,
          26.108903
        ]
      },
      {
        "date": "2025-10-31",
        "close": 25.63,
        "volume": 907965,
        "typical_volume": 1183402.1,
        "trend": 25.516333,
        "fair_value": 20.793141,
        "relative_strength": -10.758736,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.862158,
        "energy": 9.612558,
        "activity_lines": [
          25.92,
          26.138545,
          26.190762,
          26.12886
        ]
      },
      {
        "date": "2025-11-07",
        "close": 23.18,
        "volume": 669977,
        "typical_volume": 964862.2,
        "trend": 25.601667,
        "fair_value": 20.804423,
        "relative_strength": -16.569371,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -44.65918,
        "energy": 42.597333,
        "activity_lines": [
          24.952667,
          25.612182,
          25.857381,
          25.978129
        ]
      },
      {
        "date": "2025-11-14",
        "close": 23.3,
        "volume": 2190863,
        "typical_volume": 981840.8,
        "trend": 25.669,
        "fair_value": 20.820769,
        "relative_strength": -15.7161,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.506497,
        "energy": 56.515204,
        "activity_lines": [
          24.286,
          25.145091,
          25.555952,
          25.829634
        ]
      },
      {
        "date": "2025-11-21",
        "close": 22.11,
        "volume": 682775,
        "typical_volume": 966116.4,
        "trend": 25.633,
        "fair_value": 20.827051,
        "relative_strength": -17.172772,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -78.676303,
        "energy": 78.780013,
        "activity_lines": [
          23.403333,
          24.492727,
          25.169143,
          25.600022
        ]
      },
      {
        "date": "2025-11-28",
        "close": 22.94,
        "volume": 446894,
        "typical_volume": 928234.85,
        "trend": 25.617,
        "fair_value": 20.841474,
        "relative_strength": -17.769822,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.442867,
        "energy": 76.605471,
        "activity_lines": [
          23.002,
          24.057455,
          24.901286,
          25.42628
        ]
      },
      {
        "date": "2025-12-05",
        "close": 23.75,
        "volume": 734692,
        "typical_volume": 883125.55,
        "trend": 25.673,
        "fair_value": 20.863846,
        "relative_strength": -15.465863,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.110962,
        "energy": 69.933236,
        "activity_lines": [
          23.108,
          23.851273,
          24.736048,
          25.305828
        ]
      },
      {
        "date": "2025-12-12",
        "close": 23.76,
        "volume": 1082737,
        "typical_volume": 859869.15,
        "trend": 25.671667,
        "fair_value": 20.894231,
        "relative_strength": -13.601113,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.687048,
        "energy": 53.325971,
        "activity_lines": [
          23.342667,
          23.704182,
          24.597571,
          25.182409
        ]
      },
      {
        "date": "2025-12-19",
        "close": 23.96,
        "volume": 3243072,
        "typical_volume": 945586.9,
        "trend": 25.693667,
        "fair_value": 20.923013,
        "relative_strength": -13.174207,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.333922,
        "energy": 35.555564,
        "activity_lines": [
          23.605333,
          23.654,
          24.500762,
          25.071978
        ]
      },
      {
        "date": "2025-12-26",
        "close": 24.37,
        "volume": 626486,
        "typical_volume": 929704.9,
        "trend": 25.728667,
        "fair_value": 20.952628,
        "relative_strength": -12.558359,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.143783,
        "energy": 22.365225,
        "activity_lines": [
          23.960667,
          23.715636,
          24.449524,
          24.986581
        ]
      },
      {
        "date": "2026-01-02",
        "close": 23.78,
        "volume": 842800,
        "typical_volume": 935759.8,
        "trend": 25.712,
        "fair_value": 20.975577,
        "relative_strength": -13.006174,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.887705,
        "energy": 20.58668,
        "activity_lines": [
          23.968667,
          23.684727,
          24.343095,
          24.86086
        ]
      },
      {
        "date": "2026-01-09",
        "close": 24.13,
        "volume": 1209871,
        "typical_volume": 944905.2,
        "trend": 25.629667,
        "fair_value": 21.004872,
        "relative_strength": -13.488448,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.197962,
        "energy": 18.31148,
        "activity_lines": [
          24.037333,
          23.766909,
          24.274286,
          24.758796
        ]
      },
      {
        "date": "2026-01-16",
        "close": 24.03,
        "volume": 744753,
        "typical_volume": 947758.8,
        "trend": 25.514333,
        "fair_value": 21.028462,
        "relative_strength": -12.972759,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.163642,
        "energy": 17.214968,
        "activity_lines": [
          24.047333,
          23.858182,
          24.20081,
          24.655591
        ]
      },
      {
        "date": "2026-01-23",
        "close": 24.66,
        "volume": 831042,
        "typical_volume": 964757.25,
        "trend": 25.364,
        "fair_value": 21.050256,
        "relative_strength": -10.816982,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.925905,
        "energy": 13.511759,
        "activity_lines": [
          24.249333,
          24.048545,
          24.193095,
          24.600473
        ]
      },
      {
        "date": "2026-01-30",
        "close": 24.15,
        "volume": 1197513,
        "typical_volume": 998805.7,
        "trend": 25.152667,
        "fair_value": 21.063141,
        "relative_strength": -12.39101,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.319052,
        "energy": 13.194214,
        "activity_lines": [
          24.234667,
          24.121455,
          24.138476,
          24.522151
        ]
      },
      {
        "date": "2026-02-06",
        "close": 25.03,
        "volume": 1087275,
        "typical_volume": 952846.0,
        "trend": 25.044,
        "fair_value": 21.086667,
        "relative_strength": -7.248818,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.28859,
        "energy": 7.755316,
        "activity_lines": [
          24.528,
          24.317273,
          24.175286,
          24.514237
        ]
      },
      {
        "date": "2026-02-13",
        "close": 27.92,
        "volume": 2004018,
        "typical_volume": 1020802.05,
        "trend": 25.002333,
        "fair_value": 21.130705,
        "relative_strength": 4.722121,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 45.355782,
        "energy": 48.949918,
        "activity_lines": [
          25.701333,
          25.000545,
          24.49881,
          24.699785
        ]
      },
      {
        "date": "2026-02-20",
        "close": 24.21,
        "volume": 1661930,
        "typical_volume": 1083677.15,
        "trend": 24.859,
        "fair_value": 21.152692,
        "relative_strength": -10.062531,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 10.331613,
        "energy": 26.951393,
        "activity_lines": [
          25.385333,
          24.933455,
          24.464143,
          24.648667
        ]
      },
      {
        "date": "2026-02-27",
        "close": 23.15,
        "volume": 1182774,
        "typical_volume": 1120381.75,
        "trend": 24.786333,
        "fair_value": 21.163526,
        "relative_strength": -13.609308,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -27.218124,
        "energy": 17.133093,
        "activity_lines": [
          24.704,
          24.665455,
          24.342238,
          24.538409
        ]
      },
      {
        "date": "2026-03-06",
        "close": 24.72,
        "volume": 1328125,
        "typical_volume": 1161763.8,
        "trend": 24.791,
        "fair_value": 21.189103,
        "relative_strength": -6.429741,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -21.505633,
        "energy": 12.429912,
        "activity_lines": [
          24.646667,
          24.697636,
          24.383476,
          24.534129
        ]
      },
      {
        "date": "2026-03-13",
        "close": 25.08,
        "volume": 1175880,
        "typical_volume": 1192572.1,
        "trend": 24.804333,
        "fair_value": 21.219551,
        "relative_strength": -4.01253,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -20.917283,
        "energy": 15.078775,
        "activity_lines": [
          24.671333,
          24.788909,
          24.46119,
          24.552774
        ]
      },
      {
        "date": "2026-03-20",
        "close": 25.22,
        "volume": 2646221,
        "typical_volume": 1279484.9,
        "trend": 24.806667,
        "fair_value": 21.249423,
        "relative_strength": -1.339506,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -0.485053,
        "energy": 4.789767,
        "activity_lines": [
          24.739333,
          24.882,
          24.559,
          24.579591
        ]
      },
      {
        "date": "2026-03-27",
        "close": 25.74,
        "volume": 1933731,
        "typical_volume": 1342672.6,
        "trend": 24.823333,
        "fair_value": 21.276346,
        "relative_strength": 4.112888,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 25.67939,
        "energy": 19.2089,
        "activity_lines": [
          25.160667,
          25.049818,
          24.708286,
          24.639806
        ]
      },
      {
        "date": "2026-04-03",
        "close": 27.2,
        "volume": 827173,
        "typical_volume": 1274488.1,
        "trend": 24.896333,
        "fair_value": 21.307885,
        "relative_strength": 5.827588,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 40.253602,
        "energy": 44.000162,
        "activity_lines": [
          25.966667,
          25.452,
          24.984429,
          24.79314
        ]
      },
      {
        "date": "2026-04-10",
        "close": 23.37,
        "volume": 1002629,
        "typical_volume": 1290480.8,
        "trend": 24.817,
        "fair_value": 21.310128,
        "relative_strength": -12.675012,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 6.502832,
        "energy": 10.821582,
        "activity_lines": [
          25.226,
          25.111636,
          24.877238,
          24.694667
        ]
      },
      {
        "date": "2026-04-17",
        "close": 25.76,
        "volume": 1153950,
        "typical_volume": 1325833.6,
        "trend": 24.761,
        "fair_value": 21.340705,
        "relative_strength": -9.011601,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 23.62152,
        "energy": 18.17325,
        "activity_lines": [
          25.372,
          25.22,
          24.991667,
          24.755505
        ]
      },
      {
        "date": "2026-04-24",
        "close": 26.16,
        "volume": 866013,
        "typical_volume": 1332399.65,
        "trend": 24.736333,
        "fair_value": 21.379231,
        "relative_strength": -9.196487,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 52.467332,
        "energy": 26.642885,
        "activity_lines": [
          25.606,
          25.387818,
          25.130762,
          24.845763
        ]
      },
      {
        "date": "2026-05-01",
        "close": 26.725,
        "volume": 1006745,
        "typical_volume": 1328600.05,
        "trend": 24.724167,
        "fair_value": 21.428301,
        "relative_strength": -8.30535,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 54.603383,
        "energy": 24.958567,
        "activity_lines": [
          25.965667,
          25.690364,
          25.31219,
          24.974065
        ]
      },
      {
        "date": "2026-05-08",
        "close": 27.48,
        "volume": 1234380,
        "typical_volume": 1228165.45,
        "trend": 24.773167,
        "fair_value": 21.477724,
        "relative_strength": -10.361007,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.880456,
        "energy": 46.658541,
        "activity_lines": [
          26.511333,
          26.084455,
          25.551405,
          25.15186
        ]
      },
      {
        "date": "2026-05-15",
        "close": 27.96,
        "volume": 1717987,
        "typical_volume": 1282740.5,
        "trend": 24.865833,
        "fair_value": 21.53625,
        "relative_strength": -8.238755,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.225472,
        "energy": 57.729381,
        "activity_lines": [
          27.198333,
          26.487091,
          25.819571,
          25.357462
        ]
      },
      {
        "date": "2026-05-22",
        "close": 29.53,
        "volume": 772408,
        "typical_volume": 1279220.9,
        "trend": 24.966833,
        "fair_value": 21.602147,
        "relative_strength": -4.044362,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.12015,
        "energy": 71.119842,
        "activity_lines": [
          28.102667,
          27.116273,
          26.220167,
          25.658376
        ]
      },
      {
        "date": "2026-05-29",
        "close": 30.34,
        "volume": 763644,
        "typical_volume": 1256909.55,
        "trend": 25.123833,
        "fair_value": 21.670673,
        "relative_strength": -4.013827,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.809331,
        "energy": 77.28925,
        "activity_lines": [
          29.025667,
          27.811818,
          26.670524,
          26.005032
        ]
      },
      {
        "date": "2026-06-05",
        "close": 27.94,
        "volume": 1278817,
        "typical_volume": 1283612.75,
        "trend": 25.2825,
        "fair_value": 21.720994,
        "relative_strength": -7.172939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.464956,
        "energy": 64.959659,
        "activity_lines": [
          28.87,
          27.977909,
          26.862738,
          26.18672
        ]
      },
      {
        "date": "2026-06-12",
        "close": 28.23,
        "volume": 688394,
        "typical_volume": 1276480.35,
        "trend": 25.446833,
        "fair_value": 21.775481,
        "relative_strength": -7.847614,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.451818,
        "energy": 51.457154,
        "activity_lines": [
          28.73,
          28.156727,
          27.063952,
          26.376882
        ]
      },
      {
        "date": "2026-06-19",
        "close": 27.1,
        "volume": 1904760,
        "typical_volume": 1311842.7,
        "trend": 25.613167,
        "fair_value": 21.825865,
        "relative_strength": -13.219053,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.96732,
        "energy": 31.896113,
        "activity_lines": [
          28.163333,
          28.111364,
          27.140548,
          26.483538
        ]
      },
      {
        "date": "2026-06-26",
        "close": 29.41,
        "volume": 749346,
        "typical_volume": 1294946.25,
        "trend": 25.828833,
        "fair_value": 21.890096,
        "relative_strength": -0.852494,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.012083,
        "energy": 30.594155,
        "activity_lines": [
          28.424,
          28.418182,
          27.423095,
          26.728495
        ]
      },
      {
        "date": "2026-07-03",
        "close": 29.69,
        "volume": 750738,
        "typical_volume": 1232282.25,
        "trend": 26.026833,
        "fair_value": 21.955737,
        "relative_strength": -0.151796,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.408933,
        "energy": 33.166435,
        "activity_lines": [
          28.786,
          28.709545,
          27.711452,
          26.977602
        ]
      },
      {
        "date": "2026-07-10",
        "close": 31.45,
        "volume": 902985,
        "typical_volume": 1194335.0,
        "trend": 26.283167,
        "fair_value": 22.032917,
        "relative_strength": 4.263995,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.419858,
        "energy": 45.602813,
        "activity_lines": [
          29.778,
          29.256727,
          28.159,
          27.327484
        ]
      },
      {
        "date": "2026-07-17",
        "close": 30.29,
        "volume": 1705482,
        "typical_volume": 1220470.4,
        "trend": 26.494167,
        "fair_value": 22.107981,
        "relative_strength": 5.195415,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.196882,
        "energy": 58.494242,
        "activity_lines": [
          30.149333,
          29.507091,
          28.461595,
          27.585989
        ]
      },
      {
        "date": "2026-07-24",
        "close": 29.51,
        "volume": 1141866,
        "typical_volume": 1211157.45,
        "trend": 26.6655,
        "fair_value": 22.178173,
        "relative_strength": 4.508013,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.303617,
        "energy": 52.125559,
        "activity_lines": [
          30.123333,
          29.564545,
          28.655905,
          27.780559
        ]
      },
      {
        "date": "2026-07-31",
        "close": 26.19,
        "volume": 2003686,
        "typical_volume": 1252547.75,
        "trend": 26.745833,
        "fair_value": 22.236763,
        "relative_strength": -7.418544,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 25.809557,
        "energy": 17.575696,
        "activity_lines": [
          28.83,
          28.990182,
          28.511214,
          27.749882
        ]
      },
      {
        "date": "2026-08-07",
        "close": 28.3,
        "volume": 1083660,
        "typical_volume": 1174419.7,
        "trend": 26.884833,
        "fair_value": 22.309199,
        "relative_strength": -4.638535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 31.424744,
        "energy": 16.055548,
        "activity_lines": [
          28.454667,
          28.860182,
          28.56219,
          27.850151
        ]
      }
    ],
    "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."
    }
  }
}