{
  "ticker": {
    "uuid": "f4d2b390-cd40-49c9-a98b-769163181b72",
    "symbol": "SDG",
    "name": "iShares MSCI Global Sustainable Development Goals ETF",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 59.669,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 64.149,
    "architecture_energy": 32.767,
    "architecture_maturity": 27.204,
    "architecture_confidence": 46.11,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 42.97,
        "rotation_up": 42.29,
        "upward_expansion": 67.12,
        "deceleration": 67.68,
        "rotation_down": 28.08,
        "downward_expansion": 12.12
      },
      "activity_lines": [
        89.606387,
        89.239272,
        89.22752,
        88.288986
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 92.0772,
    "trend_reference": 87.127064,
    "distance_from_trend": 0.056815,
    "trend_direction": "Improving",
    "fair_value": 77.45453,
    "distance_from_fair_value": 0.18879,
    "fair_value_direction": "Improving",
    "relative_strength": -5.361136,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.069007,
    "excess_performance": -0.118447,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.056815,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.021201,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.18879,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.0042,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.053611,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.024664,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.069007,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.608887,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 21288,
      "relative_activity": 1.035252,
      "balance": 1.608887,
      "dry_up": 0.849142,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.02642,
      "annualized_volatility": 0.128352,
      "from_high_reference": -0.004219,
      "from_low_reference": 0.174505
    },
    "levels": {
      "trend_reference": 87.127064,
      "fair_value_reference": 77.45453,
      "structural_low": 79.799467,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": 0.007001,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.019968,
        "regime_survival": 0.333333,
        "best_return": 0.038386,
        "worst_return": -0.006198,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.014973,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.060022,
        "regime_survival": 0.25,
        "best_return": 0.045012,
        "worst_return": -0.043063,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.008423,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.031385,
        "regime_survival": 0.0,
        "best_return": 0.017682,
        "worst_return": -0.04905,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.013446,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.335628,
        "regime_survival": 0.5,
        "best_return": 0.000822,
        "worst_return": -0.027714,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-21",
        "end": "2024-08-23",
        "tenure": "Developing",
        "return": 0.069894,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-30",
        "end": "2024-11-01",
        "tenure": "Developing",
        "return": -0.012068,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-08",
        "end": "2024-11-22",
        "tenure": "New",
        "return": -0.02983,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-29",
        "end": "2024-12-27",
        "tenure": "Developing",
        "return": -0.053077,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-03",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": 0.053024,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-14",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.086413,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-05-09",
        "tenure": "Developing",
        "return": 0.038817,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-16",
        "end": "2025-05-30",
        "tenure": "New",
        "return": -0.004523,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-06",
        "end": "2025-06-13",
        "tenure": "New",
        "return": 0.004991,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-20",
        "end": "2026-03-20",
        "tenure": "Extended",
        "return": 0.103901,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-27",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.072564,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-17",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.004494,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-06-26",
        "tenure": "Developing",
        "return": -0.003884,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-03",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.031002,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 72.609656,
        "volume": 84000,
        "typical_volume": 84269.6,
        "trend": 74.695485,
        "fair_value": 79.350754,
        "relative_strength": -15.117809,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 11.158573,
        "energy": 6.309204,
        "activity_lines": [
          75.018003,
          75.354006,
          75.131826,
          74.848164
        ]
      },
      {
        "date": "2023-08-25",
        "close": 73.167465,
        "volume": 65857,
        "typical_volume": 81330.7,
        "trend": 74.549316,
        "fair_value": 79.35375,
        "relative_strength": -15.564464,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.663909,
        "energy": 20.113092,
        "activity_lines": [
          74.139375,
          74.965517,
          74.954037,
          74.749582
        ]
      },
      {
        "date": "2023-09-01",
        "close": 74.755801,
        "volume": 43504,
        "typical_volume": 78173.8,
        "trend": 74.464841,
        "fair_value": 79.368488,
        "relative_strength": -16.526987,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.052108,
        "energy": 21.317333,
        "activity_lines": [
          74.039159,
          74.914291,
          74.932509,
          74.762904
        ]
      },
      {
        "date": "2023-09-08",
        "close": 72.723109,
        "volume": 27870,
        "typical_volume": 73636.55,
        "trend": 74.366972,
        "fair_value": 79.372885,
        "relative_strength": -17.402207,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.428185,
        "energy": 29.350577,
        "activity_lines": [
          73.505932,
          74.463231,
          74.718658,
          74.650534
        ]
      },
      {
        "date": "2023-09-15",
        "close": 73.384916,
        "volume": 47671,
        "typical_volume": 69733.25,
        "trend": 74.319908,
        "fair_value": 79.373336,
        "relative_strength": -15.915548,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.444079,
        "energy": 37.962773,
        "activity_lines": [
          73.401934,
          74.169114,
          74.578828,
          74.587175
        ]
      },
      {
        "date": "2023-09-22",
        "close": 71.248225,
        "volume": 41575,
        "typical_volume": 68607.7,
        "trend": 74.269731,
        "fair_value": 79.376383,
        "relative_strength": -15.231122,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -45.923916,
        "energy": 49.838327,
        "activity_lines": [
          72.708612,
          73.496306,
          74.245707,
          74.389002
        ]
      },
      {
        "date": "2023-09-29",
        "close": 70.454057,
        "volume": 51789,
        "typical_volume": 68664.05,
        "trend": 74.147154,
        "fair_value": 79.361146,
        "relative_strength": -15.905738,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -76.125878,
        "energy": 71.065293,
        "activity_lines": [
          71.84133,
          72.773475,
          73.85934,
          74.14283
        ]
      },
      {
        "date": "2023-10-06",
        "close": 68.931902,
        "volume": 256376,
        "typical_volume": 78278.6,
        "trend": 74.070694,
        "fair_value": 79.328808,
        "relative_strength": -18.797902,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.365977,
        "energy": 80.19774,
        "activity_lines": [
          70.647557,
          71.891123,
          73.352748,
          73.806362
        ]
      },
      {
        "date": "2023-10-13",
        "close": 69.215533,
        "volume": 61702,
        "typical_volume": 78357.05,
        "trend": 74.020247,
        "fair_value": 79.299213,
        "relative_strength": -18.180379,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.502935,
        "energy": 82.844464,
        "activity_lines": [
          69.936587,
          71.232926,
          72.902211,
          73.493126
        ]
      },
      {
        "date": "2023-10-20",
        "close": 67.277385,
        "volume": 84610,
        "typical_volume": 79047.7,
        "trend": 73.868952,
        "fair_value": 79.264422,
        "relative_strength": -17.720682,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.417186,
        "energy": 88.336485,
        "activity_lines": [
          68.813407,
          70.343011,
          72.284741,
          73.058102
        ]
      },
      {
        "date": "2023-10-27",
        "close": 67.003208,
        "volume": 80917,
        "typical_volume": 78525.4,
        "trend": 73.628223,
        "fair_value": 79.244529,
        "relative_strength": -15.507377,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.892629,
        "energy": 88.185908,
        "activity_lines": [
          68.006003,
          69.547812,
          71.672457,
          72.615151
        ]
      },
      {
        "date": "2023-11-03",
        "close": 71.390041,
        "volume": 81456,
        "typical_volume": 78521.1,
        "trend": 73.534034,
        "fair_value": 79.218001,
        "relative_strength": -14.975448,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.031568,
        "energy": 56.11176,
        "activity_lines": [
          68.943877,
          69.652154,
          71.513398,
          72.470752
        ]
      },
      {
        "date": "2023-11-10",
        "close": 69.688252,
        "volume": 69614,
        "typical_volume": 79932.15,
        "trend": 73.356249,
        "fair_value": 79.166858,
        "relative_strength": -18.858037,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.390536,
        "energy": 46.870253,
        "activity_lines": [
          69.25209,
          69.479396,
          71.213424,
          72.222637
        ]
      },
      {
        "date": "2023-11-17",
        "close": 72.01403,
        "volume": 68667,
        "typical_volume": 80664.8,
        "trend": 73.255678,
        "fair_value": 79.120012,
        "relative_strength": -17.321938,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.309476,
        "energy": 26.657818,
        "activity_lines": [
          70.285139,
          69.821645,
          71.15116,
          72.136042
        ]
      },
      {
        "date": "2023-11-24",
        "close": 72.694746,
        "volume": 50347,
        "typical_volume": 81242.15,
        "trend": 73.161238,
        "fair_value": 79.066074,
        "relative_strength": -16.779113,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -23.683333,
        "energy": 24.103849,
        "activity_lines": [
          71.358526,
          70.300552,
          71.166693,
          72.099853
        ]
      },
      {
        "date": "2023-12-01",
        "close": 73.328189,
        "volume": 71356,
        "typical_volume": 81531.7,
        "trend": 73.073853,
        "fair_value": 79.017734,
        "relative_strength": -15.621015,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -9.873705,
        "energy": 20.883221,
        "activity_lines": [
          72.281904,
          70.90718,
          71.248405,
          72.110624
        ]
      },
      {
        "date": "2023-12-08",
        "close": 72.751472,
        "volume": 65465,
        "typical_volume": 73954.75,
        "trend": 72.977242,
        "fair_value": 78.967895,
        "relative_strength": -16.167783,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -2.472158,
        "energy": 21.464541,
        "activity_lines": [
          72.591378,
          71.371132,
          71.290005,
          72.089826
        ]
      },
      {
        "date": "2023-12-15",
        "close": 75.105613,
        "volume": 84727,
        "typical_volume": 72883.95,
        "trend": 72.979724,
        "fair_value": 78.91703,
        "relative_strength": -15.617981,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 34.713976,
        "energy": 36.384464,
        "activity_lines": [
          73.594803,
          72.221339,
          71.575572,
          72.22714
        ]
      },
      {
        "date": "2023-12-22",
        "close": 75.853293,
        "volume": 73968,
        "typical_volume": 72973.2,
        "trend": 73.077426,
        "fair_value": 78.872179,
        "relative_strength": -14.901516,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 38.890556,
        "energy": 54.536034,
        "activity_lines": [
          74.486297,
          73.095238,
          71.948149,
          72.412531
        ]
      },
      {
        "date": "2023-12-29",
        "close": 77.371123,
        "volume": 85638,
        "typical_volume": 74855.45,
        "trend": 73.194791,
        "fair_value": 78.825816,
        "relative_strength": -12.78877,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 46.286683,
        "energy": 67.303913,
        "activity_lines": [
          75.627784,
          74.12442,
          72.465278,
          72.689544
        ]
      },
      {
        "date": "2024-01-05",
        "close": 75.86284,
        "volume": 36386,
        "typical_volume": 72474.75,
        "trend": 73.242092,
        "fair_value": 78.736294,
        "relative_strength": -10.995895,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 29.376191,
        "energy": 62.85636,
        "activity_lines": [
          75.954751,
          74.695846,
          72.828558,
          72.861676
        ]
      },
      {
        "date": "2024-01-12",
        "close": 75.824655,
        "volume": 52013,
        "typical_volume": 71782.55,
        "trend": 73.241794,
        "fair_value": 78.661806,
        "relative_strength": -13.097948,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 36.777092,
        "energy": 63.086521,
        "activity_lines": [
          76.100014,
          75.099245,
          73.17271,
          73.028293
        ]
      },
      {
        "date": "2024-01-19",
        "close": 73.094471,
        "volume": 103442,
        "typical_volume": 74779.45,
        "trend": 73.241882,
        "fair_value": 78.552969,
        "relative_strength": -17.785511,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 31.038979,
        "energy": 33.332937,
        "activity_lines": [
          75.130336,
          74.925618,
          73.244191,
          73.018789
        ]
      },
      {
        "date": "2024-01-26",
        "close": 73.008556,
        "volume": 98927,
        "typical_volume": 78332.3,
        "trend": 73.18427,
        "fair_value": 78.462753,
        "relative_strength": -17.707178,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 12.582067,
        "energy": 12.633353,
        "activity_lines": [
          74.266095,
          74.674438,
          73.315401,
          73.003735
        ]
      },
      {
        "date": "2024-02-02",
        "close": 72.531251,
        "volume": 85875,
        "typical_volume": 80242.5,
        "trend": 73.137852,
        "fair_value": 78.35931,
        "relative_strength": -18.599688,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -3.278763,
        "energy": 16.364113,
        "activity_lines": [
          73.432403,
          74.318394,
          73.339794,
          72.961605
        ]
      },
      {
        "date": "2024-02-09",
        "close": 72.674443,
        "volume": 68626,
        "typical_volume": 81595.05,
        "trend": 73.012377,
        "fair_value": 78.247897,
        "relative_strength": -19.2824,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -10.109271,
        "energy": 23.684935,
        "activity_lines": [
          72.969099,
          73.991357,
          73.381889,
          72.931708
        ]
      },
      {
        "date": "2024-02-16",
        "close": 72.989464,
        "volume": 73439,
        "typical_volume": 82677.55,
        "trend": 72.881961,
        "fair_value": 78.148089,
        "relative_strength": -17.088967,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 0.861957,
        "energy": 18.330471,
        "activity_lines": [
          72.823362,
          73.733483,
          73.447195,
          72.930229
        ]
      },
      {
        "date": "2024-02-23",
        "close": 73.056287,
        "volume": 108871,
        "typical_volume": 75302.3,
        "trend": 72.703034,
        "fair_value": 78.071133,
        "relative_strength": -17.543464,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.020147,
        "energy": 16.937113,
        "activity_lines": [
          72.888912,
          73.483431,
          73.506791,
          72.941476
        ]
      },
      {
        "date": "2024-03-01",
        "close": 74.192272,
        "volume": 69779,
        "typical_volume": 75706.15,
        "trend": 72.647692,
        "fair_value": 78.007036,
        "relative_strength": -17.272982,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.523326,
        "energy": 13.764764,
        "activity_lines": [
          73.335669,
          73.477183,
          73.654937,
          73.037556
        ]
      },
      {
        "date": "2024-03-08",
        "close": 74.698216,
        "volume": 76294,
        "typical_volume": 75290.35,
        "trend": 72.630016,
        "fair_value": 77.9298,
        "relative_strength": -14.82051,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.057727,
        "energy": 22.933154,
        "activity_lines": [
          73.87216,
          73.593125,
          73.827569,
          73.169848
        ]
      },
      {
        "date": "2024-03-15",
        "close": 74.497748,
        "volume": 47993,
        "typical_volume": 73644.15,
        "trend": 72.692952,
        "fair_value": 77.858425,
        "relative_strength": -13.538419,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 42.150764,
        "energy": 29.543217,
        "activity_lines": [
          74.197364,
          73.721216,
          73.945772,
          73.290347
        ]
      },
      {
        "date": "2024-03-22",
        "close": 74.946414,
        "volume": 48838,
        "typical_volume": 72013.25,
        "trend": 72.75225,
        "fair_value": 77.786672,
        "relative_strength": -15.025072,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 49.447353,
        "energy": 47.777504,
        "activity_lines": [
          74.550569,
          73.955703,
          74.071016,
          73.435732
        ]
      },
      {
        "date": "2024-03-29",
        "close": 75.137336,
        "volume": 41302,
        "typical_volume": 70597.65,
        "trend": 72.764968,
        "fair_value": 77.714749,
        "relative_strength": -13.820428,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.733605,
        "energy": 56.838091,
        "activity_lines": [
          74.836952,
          74.240871,
          74.197508,
          73.589608
        ]
      },
      {
        "date": "2024-04-05",
        "close": 73.428585,
        "volume": 56041,
        "typical_volume": 69966.35,
        "trend": 72.788484,
        "fair_value": 77.627632,
        "relative_strength": -14.532615,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.849716,
        "energy": 33.538926,
        "activity_lines": [
          74.415015,
          74.178214,
          74.135314,
          73.632422
        ]
      },
      {
        "date": "2024-04-12",
        "close": 72.38806,
        "volume": 128984,
        "typical_volume": 73898.2,
        "trend": 72.755256,
        "fair_value": 77.524143,
        "relative_strength": -14.716249,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.615378,
        "energy": 3.941031,
        "activity_lines": [
          73.697148,
          73.918733,
          73.967287,
          73.606588
        ]
      },
      {
        "date": "2024-04-19",
        "close": 71.280713,
        "volume": 85606,
        "typical_volume": 74610.7,
        "trend": 72.756339,
        "fair_value": 77.40885,
        "relative_strength": -10.645682,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -11.205535,
        "energy": 20.026839,
        "activity_lines": [
          72.764176,
          73.460521,
          73.695258,
          73.511456
        ]
      },
      {
        "date": "2024-04-26",
        "close": 73.113563,
        "volume": 94839,
        "typical_volume": 76079.4,
        "trend": 72.844989,
        "fair_value": 77.316576,
        "relative_strength": -11.238668,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -13.986033,
        "energy": 24.388908,
        "activity_lines": [
          72.656624,
          73.360894,
          73.607537,
          73.534503
        ]
      },
      {
        "date": "2024-05-03",
        "close": 75.796017,
        "volume": 69004,
        "typical_volume": 75293.25,
        "trend": 73.073793,
        "fair_value": 77.232551,
        "relative_strength": -8.350201,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.233304,
        "energy": 19.351633,
        "activity_lines": [
          73.565412,
          73.74673,
          73.773562,
          73.724892
        ]
      },
      {
        "date": "2024-05-10",
        "close": 76.435605,
        "volume": 79100,
        "typical_volume": 75549.85,
        "trend": 73.314462,
        "fair_value": 77.163025,
        "relative_strength": -8.382995,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 62.333092,
        "energy": 39.461584,
        "activity_lines": [
          74.643485,
          74.199041,
          73.997214,
          73.941783
        ]
      },
      {
        "date": "2024-05-17",
        "close": 77.380669,
        "volume": 61352,
        "typical_volume": 74335.55,
        "trend": 73.651238,
        "fair_value": 77.096652,
        "relative_strength": -8.74734,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 73.816435,
        "energy": 65.922424,
        "activity_lines": [
          75.83611,
          74.782395,
          74.308098,
          74.204119
        ]
      },
      {
        "date": "2024-05-24",
        "close": 75.920116,
        "volume": 58454,
        "typical_volume": 75438.95,
        "trend": 73.948468,
        "fair_value": 77.019638,
        "relative_strength": -11.271559,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.077535,
        "energy": 64.277318,
        "activity_lines": [
          76.209045,
          75.051421,
          74.479837,
          74.350498
        ]
      },
      {
        "date": "2024-05-31",
        "close": 75.853293,
        "volume": 32353,
        "typical_volume": 74455.95,
        "trend": 74.097243,
        "fair_value": 76.936039,
        "relative_strength": -9.540865,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.435449,
        "energy": 66.25083,
        "activity_lines": [
          76.250411,
          75.282437,
          74.644939,
          74.47339
        ]
      },
      {
        "date": "2024-06-07",
        "close": 75.041875,
        "volume": 53581,
        "typical_volume": 71962.9,
        "trend": 74.275697,
        "fair_value": 76.838358,
        "relative_strength": -12.430195,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.77258,
        "energy": 50.950637,
        "activity_lines": [
          75.838656,
          75.349433,
          74.732627,
          74.534334
        ]
      },
      {
        "date": "2024-06-14",
        "close": 73.350793,
        "volume": 209009,
        "typical_volume": 77467.0,
        "trend": 74.320256,
        "fair_value": 76.739817,
        "relative_strength": -16.832581,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 19.180132,
        "energy": 9.738149,
        "activity_lines": [
          74.913483,
          75.110695,
          74.649986,
          74.474663
        ]
      },
      {
        "date": "2024-06-21",
        "close": 72.723863,
        "volume": 41948,
        "typical_volume": 75270.65,
        "trend": 74.321226,
        "fair_value": 76.627861,
        "relative_strength": -17.270634,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.446301,
        "energy": 17.511116,
        "activity_lines": [
          73.984988,
          74.759385,
          74.506008,
          74.37167
        ]
      },
      {
        "date": "2024-06-28",
        "close": 72.405575,
        "volume": 57206,
        "typical_volume": 74699.65,
        "trend": 74.290473,
        "fair_value": 76.510072,
        "relative_strength": -17.124167,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.96294,
        "energy": 29.151153,
        "activity_lines": [
          73.26085,
          74.344098,
          74.330799,
          74.24808
        ]
      },
      {
        "date": "2024-07-05",
        "close": 73.273632,
        "volume": 24352,
        "typical_volume": 72245.3,
        "trend": 74.307878,
        "fair_value": 76.401524,
        "relative_strength": -18.535366,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -44.735314,
        "energy": 37.618084,
        "activity_lines": [
          73.060367,
          74.066188,
          74.239542,
          74.182477
        ]
      },
      {
        "date": "2024-07-12",
        "close": 75.897092,
        "volume": 124616,
        "typical_volume": 73032.55,
        "trend": 74.334261,
        "fair_value": 76.321697,
        "relative_strength": -14.942079,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.583019,
        "energy": 11.316824,
        "activity_lines": [
          73.906349,
          74.262361,
          74.396786,
          74.285007
        ]
      },
      {
        "date": "2024-07-19",
        "close": 74.498557,
        "volume": 119561,
        "typical_volume": 75521.65,
        "trend": 74.289103,
        "fair_value": 76.227887,
        "relative_strength": -12.609378,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 6.6223,
        "energy": 5.175016,
        "activity_lines": [
          74.229137,
          74.202416,
          74.407309,
          74.295607
        ]
      },
      {
        "date": "2024-07-26",
        "close": 74.083818,
        "volume": 23734,
        "typical_volume": 72893.65,
        "trend": 74.179526,
        "fair_value": 76.132878,
        "relative_strength": -10.351552,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 8.12889,
        "energy": 7.78814,
        "activity_lines": [
          74.337162,
          74.102284,
          74.376874,
          74.282363
        ]
      },
      {
        "date": "2024-08-02",
        "close": 73.813756,
        "volume": 45560,
        "typical_volume": 72772.0,
        "trend": 74.111223,
        "fair_value": 76.031235,
        "relative_strength": -7.441045,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 6.041362,
        "energy": 9.18591,
        "activity_lines": [
          74.264503,
          74.012992,
          74.323644,
          74.258764
        ]
      },
      {
        "date": "2024-08-09",
        "close": 74.267075,
        "volume": 44014,
        "typical_volume": 72530.8,
        "trend": 74.059304,
        "fair_value": 75.92637,
        "relative_strength": -6.792837,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 7.640158,
        "energy": 4.080908,
        "activity_lines": [
          74.249071,
          74.044419,
          74.316845,
          74.268819
        ]
      },
      {
        "date": "2024-08-16",
        "close": 75.347323,
        "volume": 32638,
        "typical_volume": 72097.6,
        "trend": 74.134399,
        "fair_value": 75.838555,
        "relative_strength": -9.892153,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 39.709038,
        "energy": 17.443934,
        "activity_lines": [
          74.527492,
          74.301096,
          74.416161,
          74.351917
        ]
      },
      {
        "date": "2024-08-23",
        "close": 77.806817,
        "volume": 50375,
        "typical_volume": 71814.3,
        "trend": 74.294341,
        "fair_value": 75.754456,
        "relative_strength": -7.507198,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 70.033686,
        "energy": 54.582641,
        "activity_lines": [
          75.662395,
          74.999399,
          74.748716,
          74.588848
        ]
      },
      {
        "date": "2024-08-30",
        "close": 77.52711,
        "volume": 28546,
        "typical_volume": 66792.4,
        "trend": 74.46087,
        "fair_value": 75.66407,
        "relative_strength": -6.743729,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.236385,
        "energy": 66.740722,
        "activity_lines": [
          76.483513,
          75.565828,
          75.033782,
          74.797413
        ]
      },
      {
        "date": "2024-09-06",
        "close": 75.781352,
        "volume": 32810,
        "typical_volume": 64152.6,
        "trend": 74.564433,
        "fair_value": 75.574632,
        "relative_strength": -2.944946,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.168594,
        "energy": 63.197427,
        "activity_lines": [
          76.493158,
          75.727514,
          75.128114,
          74.882606
        ]
      },
      {
        "date": "2024-09-13",
        "close": 78.327651,
        "volume": 42348,
        "typical_volume": 61528.05,
        "trend": 74.742373,
        "fair_value": 75.50951,
        "relative_strength": -4.945808,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.387209,
        "energy": 74.479323,
        "activity_lines": [
          77.220397,
          76.290787,
          75.44352,
          75.125394
        ]
      },
      {
        "date": "2024-09-20",
        "close": 78.78097,
        "volume": 35001,
        "typical_volume": 59827.9,
        "trend": 74.933196,
        "fair_value": 75.448967,
        "relative_strength": -5.416003,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.263272,
        "energy": 73.351878,
        "activity_lines": [
          77.828036,
          76.84459,
          75.777269,
          75.385949
        ]
      },
      {
        "date": "2024-09-27",
        "close": 82.060295,
        "volume": 55458,
        "typical_volume": 58645.8,
        "trend": 75.195463,
        "fair_value": 75.41666,
        "relative_strength": -2.167843,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.603596,
        "energy": 83.886096,
        "activity_lines": [
          79.299875,
          77.942199,
          76.409122,
          75.845762
        ]
      },
      {
        "date": "2024-10-04",
        "close": 81.751653,
        "volume": 26441,
        "typical_volume": 56900.25,
        "trend": 75.430578,
        "fair_value": 75.392337,
        "relative_strength": -2.404245,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.109209,
        "energy": 87.616542,
        "activity_lines": [
          80.385267,
          78.846206,
          76.984795,
          76.268742
        ]
      },
      {
        "date": "2024-10-11",
        "close": 80.15057,
        "volume": 75885,
        "typical_volume": 57771.8,
        "trend": 75.619005,
        "fair_value": 75.347012,
        "relative_strength": -5.186595,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.386871,
        "energy": 81.509627,
        "activity_lines": [
          80.655329,
          79.319691,
          77.38717,
          76.573257
        ]
      },
      {
        "date": "2024-10-18",
        "close": 78.105815,
        "volume": 37190,
        "typical_volume": 58013.65,
        "trend": 75.724318,
        "fair_value": 75.282978,
        "relative_strength": -7.469417,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.517759,
        "energy": 64.480371,
        "activity_lines": [
          79.952525,
          79.306188,
          77.574662,
          76.733697
        ]
      },
      {
        "date": "2024-10-25",
        "close": 78.019009,
        "volume": 18462,
        "typical_volume": 56257.7,
        "trend": 75.820374,
        "fair_value": 75.218854,
        "relative_strength": -7.335715,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.942152,
        "energy": 41.057107,
        "activity_lines": [
          79.235574,
          79.207107,
          77.74316,
          76.881741
        ]
      },
      {
        "date": "2024-11-01",
        "close": 76.591538,
        "volume": 32688,
        "typical_volume": 47441.65,
        "trend": 75.925806,
        "fair_value": 75.14984,
        "relative_strength": -7.15588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 31.072697,
        "energy": 21.155905,
        "activity_lines": [
          78.093598,
          78.799909,
          77.761531,
          76.931494
        ]
      },
      {
        "date": "2024-11-08",
        "close": 74.691458,
        "volume": 45183,
        "typical_volume": 47603.4,
        "trend": 76.002586,
        "fair_value": 75.071039,
        "relative_strength": -13.769362,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.472705,
        "energy": 19.73156,
        "activity_lines": [
          76.682845,
          78.069339,
          77.583511,
          76.851858
        ]
      },
      {
        "date": "2024-11-15",
        "close": 72.058353,
        "volume": 50490,
        "typical_volume": 47267.6,
        "trend": 76.028507,
        "fair_value": 74.98312,
        "relative_strength": -13.443754,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -41.708331,
        "energy": 41.841297,
        "activity_lines": [
          74.86507,
          76.911579,
          77.145349,
          76.597392
        ]
      },
      {
        "date": "2024-11-22",
        "close": 72.463446,
        "volume": 24610,
        "typical_volume": 47280.5,
        "trend": 76.006837,
        "fair_value": 74.910111,
        "relative_strength": -14.104007,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -38.527591,
        "energy": 55.024047,
        "activity_lines": [
          73.721807,
          75.895164,
          76.747421,
          76.367388
        ]
      },
      {
        "date": "2024-11-29",
        "close": 74.701103,
        "volume": 30235,
        "typical_volume": 42561.45,
        "trend": 75.970339,
        "fair_value": 74.860958,
        "relative_strength": -11.702096,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.060629,
        "energy": 53.472749,
        "activity_lines": [
          73.700587,
          75.392217,
          76.566461,
          76.283147
        ]
      },
      {
        "date": "2024-12-06",
        "close": 74.228495,
        "volume": 63442,
        "typical_volume": 39755.5,
        "trend": 75.896769,
        "fair_value": 74.801772,
        "relative_strength": -14.597374,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.562192,
        "energy": 53.6927,
        "activity_lines": [
          73.743026,
          74.877521,
          76.346186,
          76.17077
        ]
      },
      {
        "date": "2024-12-13",
        "close": 72.762443,
        "volume": 59336,
        "typical_volume": 41535.6,
        "trend": 75.742828,
        "fair_value": 74.743827,
        "relative_strength": -16.442283,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.247293,
        "energy": 41.32705,
        "activity_lines": [
          73.454317,
          74.238666,
          75.987572,
          75.968555
        ]
      },
      {
        "date": "2024-12-20",
        "close": 70.172322,
        "volume": 77319,
        "typical_volume": 43123.55,
        "trend": 75.551235,
        "fair_value": 74.663197,
        "relative_strength": -17.073577,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.220929,
        "energy": 44.509655,
        "activity_lines": [
          72.430835,
          73.29232,
          75.388573,
          75.609168
        ]
      },
      {
        "date": "2024-12-27",
        "close": 70.73619,
        "volume": 60427,
        "typical_volume": 43944.2,
        "trend": 75.380665,
        "fair_value": 74.58081,
        "relative_strength": -16.626767,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -72.789921,
        "energy": 69.325538,
        "activity_lines": [
          71.721044,
          72.629919,
          74.860616,
          75.29852
        ]
      },
      {
        "date": "2025-01-03",
        "close": 70.405647,
        "volume": 92014,
        "typical_volume": 46913.0,
        "trend": 75.226124,
        "fair_value": 74.509233,
        "relative_strength": -15.815324,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.437878,
        "energy": 77.043117,
        "activity_lines": [
          71.016223,
          72.041412,
          74.317993,
          74.977551
        ]
      },
      {
        "date": "2025-01-10",
        "close": 67.829356,
        "volume": 70215,
        "typical_volume": 47905.0,
        "trend": 75.042076,
        "fair_value": 74.421614,
        "relative_strength": -16.552057,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.946582,
        "energy": 88.580294,
        "activity_lines": [
          69.739002,
          71.122913,
          73.55354,
          74.50034
        ]
      },
      {
        "date": "2025-01-17",
        "close": 69.365409,
        "volume": 52448,
        "typical_volume": 49100.1,
        "trend": 74.930128,
        "fair_value": 74.350866,
        "relative_strength": -16.625714,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.908255,
        "energy": 81.153424,
        "activity_lines": [
          69.400407,
          70.643009,
          72.982889,
          74.134103
        ]
      },
      {
        "date": "2025-01-24",
        "close": 70.016773,
        "volume": 151288,
        "typical_volume": 55024.0,
        "trend": 74.850501,
        "fair_value": 74.297519,
        "relative_strength": -16.683655,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.354279,
        "energy": 70.885352,
        "activity_lines": [
          69.505404,
          70.378372,
          72.513139,
          73.817113
        ]
      },
      {
        "date": "2025-01-31",
        "close": 69.968163,
        "volume": 77133,
        "typical_volume": 56763.25,
        "trend": 74.740319,
        "fair_value": 74.238841,
        "relative_strength": -15.200357,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.148504,
        "energy": 56.510346,
        "activity_lines": [
          69.604566,
          70.142016,
          72.066209,
          73.502123
        ]
      },
      {
        "date": "2025-02-07",
        "close": 71.47505,
        "volume": 84661,
        "typical_volume": 59246.25,
        "trend": 74.592917,
        "fair_value": 74.185691,
        "relative_strength": -13.155073,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.158733,
        "energy": 39.284932,
        "activity_lines": [
          70.257226,
          70.225009,
          71.802599,
          73.291461
        ]
      },
      {
        "date": "2025-02-14",
        "close": 72.126414,
        "volume": 55259,
        "typical_volume": 59236.3,
        "trend": 74.513846,
        "fair_value": 74.136007,
        "relative_strength": -14.462363,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.588888,
        "energy": 28.404949,
        "activity_lines": [
          71.055714,
          70.485087,
          71.635815,
          73.132331
        ]
      },
      {
        "date": "2025-02-21",
        "close": 72.865275,
        "volume": 55146,
        "typical_volume": 60671.55,
        "trend": 74.473228,
        "fair_value": 74.090529,
        "relative_strength": -11.279591,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.558582,
        "energy": 24.188386,
        "activity_lines": [
          71.814019,
          70.917723,
          71.586702,
          73.025972
        ]
      },
      {
        "date": "2025-02-28",
        "close": 72.136136,
        "volume": 117726,
        "typical_volume": 62763.6,
        "trend": 74.417307,
        "fair_value": 74.057969,
        "relative_strength": -8.784943,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.464017,
        "energy": 23.887419,
        "activity_lines": [
          72.095952,
          71.215919,
          71.510463,
          72.875192
        ]
      },
      {
        "date": "2025-03-07",
        "close": 74.138838,
        "volume": 56524,
        "typical_volume": 63730.3,
        "trend": 74.413032,
        "fair_value": 74.045037,
        "relative_strength": -2.885268,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 1.664815,
        "energy": 16.420039,
        "activity_lines": [
          72.904162,
          71.842536,
          71.663122,
          72.857226
        ]
      },
      {
        "date": "2025-03-14",
        "close": 73.127765,
        "volume": 84752,
        "typical_volume": 67044.8,
        "trend": 74.339047,
        "fair_value": 73.997251,
        "relative_strength": -1.54031,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.428397,
        "energy": 18.771983,
        "activity_lines": [
          73.097303,
          72.223456,
          71.738379,
          72.774306
        ]
      },
      {
        "date": "2025-03-21",
        "close": 72.184745,
        "volume": 100732,
        "typical_volume": 70447.0,
        "trend": 74.151645,
        "fair_value": 73.957668,
        "relative_strength": -2.824627,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.912833,
        "energy": 15.340418,
        "activity_lines": [
          72.865923,
          72.383425,
          71.747115,
          72.635318
        ]
      },
      {
        "date": "2025-03-28",
        "close": 70.813964,
        "volume": 75745,
        "typical_volume": 71975.1,
        "trend": 73.927873,
        "fair_value": 73.901106,
        "relative_strength": -2.15918,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.194798,
        "energy": 17.165418,
        "activity_lines": [
          72.173727,
          72.214971,
          71.646286,
          72.419984
        ]
      },
      {
        "date": "2025-04-04",
        "close": 66.808562,
        "volume": 70843,
        "typical_volume": 72992.75,
        "trend": 73.62878,
        "fair_value": 73.819932,
        "relative_strength": 2.53495,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -64.067037,
        "energy": 49.53307,
        "activity_lines": [
          70.283151,
          71.291926,
          71.182455,
          71.960674
        ]
      },
      {
        "date": "2025-04-11",
        "close": 68.37378,
        "volume": 81889,
        "typical_volume": 75856.7,
        "trend": 73.296985,
        "fair_value": 73.75375,
        "relative_strength": -2.198848,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.566314,
        "energy": 60.674123,
        "activity_lines": [
          69.269486,
          70.711797,
          70.89269,
          71.621641
        ]
      },
      {
        "date": "2025-04-18",
        "close": 68.509886,
        "volume": 32210,
        "typical_volume": 75955.45,
        "trend": 72.954615,
        "fair_value": 73.699598,
        "relative_strength": 0.50336,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.952257,
        "energy": 67.90312,
        "activity_lines": [
          68.685527,
          70.185403,
          70.635363,
          71.312796
        ]
      },
      {
        "date": "2025-04-25",
        "close": 70.133435,
        "volume": 33879,
        "typical_volume": 74477.3,
        "trend": 72.557053,
        "fair_value": 73.66282,
        "relative_strength": -3.040818,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.810478,
        "energy": 62.970041,
        "activity_lines": [
          68.95061,
          70.008111,
          70.562142,
          71.130785
        ]
      },
      {
        "date": "2025-05-02",
        "close": 72.106971,
        "volume": 13472,
        "typical_volume": 72184.1,
        "trend": 72.235564,
        "fair_value": 73.643535,
        "relative_strength": -3.295038,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.732503,
        "energy": 25.272075,
        "activity_lines": [
          70.010292,
          70.225881,
          70.696376,
          71.101747
        ]
      },
      {
        "date": "2025-05-09",
        "close": 71.027845,
        "volume": 41960,
        "typical_volume": 70416.15,
        "trend": 71.931473,
        "fair_value": 73.623412,
        "relative_strength": -4.231498,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -31.257543,
        "energy": 14.155375,
        "activity_lines": [
          70.624064,
          70.261233,
          70.730958,
          71.02383
        ]
      },
      {
        "date": "2025-05-16",
        "close": 73.079156,
        "volume": 37578,
        "typical_volume": 69273.7,
        "trend": 71.763918,
        "fair_value": 73.607111,
        "relative_strength": -7.425589,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.706919,
        "energy": 15.917359,
        "activity_lines": [
          71.640322,
          70.689702,
          70.956829,
          71.097874
        ]
      },
      {
        "date": "2025-05-23",
        "close": 72.806944,
        "volume": 24735,
        "typical_volume": 65909.75,
        "trend": 71.590182,
        "fair_value": 73.576136,
        "relative_strength": -5.261495,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.386472,
        "energy": 21.194749,
        "activity_lines": [
          72.25215,
          71.087944,
          71.145618,
          71.165166
        ]
      },
      {
        "date": "2025-05-30",
        "close": 72.748613,
        "volume": 33163,
        "typical_volume": 64057.15,
        "trend": 71.462085,
        "fair_value": 73.549215,
        "relative_strength": -6.790667,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 29.408283,
        "energy": 34.290392,
        "activity_lines": [
          72.558065,
          71.481414,
          71.317418,
          71.239903
        ]
      },
      {
        "date": "2025-06-06",
        "close": 74.012454,
        "volume": 42671,
        "typical_volume": 63568.3,
        "trend": 71.439451,
        "fair_value": 73.545201,
        "relative_strength": -6.826829,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 41.840113,
        "energy": 52.004988,
        "activity_lines": [
          73.110914,
          72.094421,
          71.586157,
          71.404443
        ]
      },
      {
        "date": "2025-06-13",
        "close": 74.381884,
        "volume": 46975,
        "typical_volume": 58352.65,
        "trend": 71.516902,
        "fair_value": 73.558509,
        "relative_strength": -5.680295,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 68.960007,
        "energy": 64.711843,
        "activity_lines": [
          73.659875,
          72.716443,
          71.867952,
          71.594278
        ]
      },
      {
        "date": "2025-06-20",
        "close": 72.529384,
        "volume": 18290,
        "typical_volume": 55410.5,
        "trend": 71.5191,
        "fair_value": 73.540282,
        "relative_strength": -7.832552,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.509188,
        "energy": 50.138796,
        "activity_lines": [
          73.367733,
          72.863949,
          71.952532,
          71.659599
        ]
      },
      {
        "date": "2025-06-27",
        "close": 73.964247,
        "volume": 20680,
        "typical_volume": 52211.45,
        "trend": 71.494538,
        "fair_value": 73.536137,
        "relative_strength": -9.557403,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.445166,
        "energy": 48.20742,
        "activity_lines": [
          73.59053,
          73.196784,
          72.161569,
          71.817351
        ]
      },
      {
        "date": "2025-07-04",
        "close": 76.096886,
        "volume": 10987,
        "typical_volume": 49997.85,
        "trend": 71.556818,
        "fair_value": 73.542387,
        "relative_strength": -8.1713,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.719389,
        "energy": 61.927608,
        "activity_lines": [
          74.447053,
          73.818201,
          72.561862,
          72.114276
        ]
      },
      {
        "date": "2025-07-11",
        "close": 75.708687,
        "volume": 18112,
        "typical_volume": 48146.15,
        "trend": 71.655026,
        "fair_value": 73.554072,
        "relative_strength": -8.097615,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.717479,
        "energy": 67.046274,
        "activity_lines": [
          74.950958,
          74.26061,
          72.906276,
          72.382139
        ]
      },
      {
        "date": "2025-07-18",
        "close": 76.653436,
        "volume": 13337,
        "typical_volume": 42926.7,
        "trend": 71.871063,
        "fair_value": 73.563413,
        "relative_strength": -7.870215,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.726116,
        "energy": 78.891373,
        "activity_lines": [
          75.656698,
          74.809305,
          73.327126,
          72.704617
        ]
      },
      {
        "date": "2025-07-25",
        "close": 78.504704,
        "volume": 18953,
        "typical_volume": 41048.15,
        "trend": 72.130014,
        "fair_value": 73.57211,
        "relative_strength": -6.225184,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.408401,
        "energy": 89.515494,
        "activity_lines": [
          76.82809,
          75.592311,
          73.902777,
          73.132594
        ]
      },
      {
        "date": "2025-08-01",
        "close": 77.186203,
        "volume": 29231,
        "typical_volume": 38272.1,
        "trend": 72.356032,
        "fair_value": 73.5773,
        "relative_strength": -5.400429,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.378328,
        "energy": 83.951142,
        "activity_lines": [
          77.161627,
          76.036944,
          74.332066,
          73.458799
        ]
      },
      {
        "date": "2025-08-08",
        "close": 78.647208,
        "volume": 21063,
        "typical_volume": 34288.65,
        "trend": 72.716627,
        "fair_value": 73.582621,
        "relative_strength": -6.725368,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.771825,
        "energy": 88.791974,
        "activity_lines": [
          77.767368,
          76.667591,
          74.881172,
          73.864682
        ]
      },
      {
        "date": "2025-08-15",
        "close": 80.144772,
        "volume": 18214,
        "typical_volume": 31412.1,
        "trend": 73.075939,
        "fair_value": 73.610291,
        "relative_strength": -5.151532,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.582593,
        "energy": 93.025584,
        "activity_lines": [
          78.702276,
          77.463275,
          75.54213,
          74.343917
        ]
      },
      {
        "date": "2025-08-22",
        "close": 81.019253,
        "volume": 15984,
        "typical_volume": 28669.15,
        "trend": 73.442689,
        "fair_value": 73.654231,
        "relative_strength": -2.9441,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.288067,
        "energy": 92.311777,
        "activity_lines": [
          79.632939,
          78.306459,
          76.24194,
          74.856389
        ]
      },
      {
        "date": "2025-08-29",
        "close": 79.670874,
        "volume": 13284,
        "typical_volume": 25238.9,
        "trend": 73.766112,
        "fair_value": 73.708056,
        "relative_strength": -3.992906,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.603503,
        "energy": 82.713621,
        "activity_lines": [
          79.823088,
          78.783804,
          76.745662,
          75.258207
        ]
      },
      {
        "date": "2025-09-05",
        "close": 80.825055,
        "volume": 20311,
        "typical_volume": 24643.95,
        "trend": 74.077779,
        "fair_value": 73.756351,
        "relative_strength": -3.181106,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.935003,
        "energy": 80.345847,
        "activity_lines": [
          80.320219,
          79.341154,
          77.305511,
          75.713623
        ]
      },
      {
        "date": "2025-09-12",
        "close": 81.171977,
        "volume": 16985,
        "typical_volume": 23799.25,
        "trend": 74.379298,
        "fair_value": 73.821525,
        "relative_strength": -4.174757,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.389719,
        "energy": 67.901776,
        "activity_lines": [
          80.6904,
          79.83684,
          77.839757,
          76.171313
        ]
      },
      {
        "date": "2025-09-19",
        "close": 80.784171,
        "volume": 19934,
        "typical_volume": 24122.35,
        "trend": 74.643261,
        "fair_value": 73.910785,
        "relative_strength": -6.28455,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.515084,
        "energy": 63.855936,
        "activity_lines": [
          80.762995,
          80.16974,
          78.284504,
          76.584531
        ]
      },
      {
        "date": "2025-09-26",
        "close": 80.496707,
        "volume": 28312,
        "typical_volume": 23439.95,
        "trend": 74.921947,
        "fair_value": 74.004576,
        "relative_strength": -5.763332,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.617239,
        "energy": 62.748608,
        "activity_lines": [
          80.697142,
          80.358093,
          78.660553,
          76.962172
        ]
      },
      {
        "date": "2025-10-03",
        "close": 83.137936,
        "volume": 27761,
        "typical_volume": 22949.1,
        "trend": 75.221917,
        "fair_value": 74.117383,
        "relative_strength": -3.435373,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.13286,
        "energy": 70.087082,
        "activity_lines": [
          81.546535,
          80.956792,
          79.243058,
          77.492236
        ]
      },
      {
        "date": "2025-10-10",
        "close": 79.651415,
        "volume": 25449,
        "typical_volume": 22984.8,
        "trend": 75.439372,
        "fair_value": 74.212011,
        "relative_strength": -4.976925,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.324565,
        "energy": 51.108525,
        "activity_lines": [
          81.002617,
          80.837338,
          79.445615,
          77.77801
        ]
      },
      {
        "date": "2025-10-17",
        "close": 82.229452,
        "volume": 41846,
        "typical_volume": 23418.95,
        "trend": 75.774195,
        "fair_value": 74.315182,
        "relative_strength": -3.951145,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.021499,
        "energy": 52.699368,
        "activity_lines": [
          81.396288,
          81.141795,
          79.861106,
          78.21608
        ]
      },
      {
        "date": "2025-10-24",
        "close": 82.886442,
        "volume": 19349,
        "typical_volume": 22252.85,
        "trend": 76.176611,
        "fair_value": 74.411662,
        "relative_strength": -4.940013,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.054246,
        "energy": 55.595397,
        "activity_lines": [
          81.938456,
          81.500573,
          80.294021,
          78.674935
        ]
      },
      {
        "date": "2025-10-31",
        "close": 83.128207,
        "volume": 14519,
        "typical_volume": 20630.05,
        "trend": 76.720599,
        "fair_value": 74.502781,
        "relative_strength": -6.14693,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.151882,
        "energy": 53.606454,
        "activity_lines": [
          82.421062,
          81.85346,
          80.707704,
          79.123425
        ]
      },
      {
        "date": "2025-11-07",
        "close": 83.580778,
        "volume": 16216,
        "typical_volume": 20526.35,
        "trend": 77.227499,
        "fair_value": 74.57029,
        "relative_strength": -2.524981,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.978795,
        "energy": 58.016514,
        "activity_lines": [
          82.879091,
          82.250288,
          81.12284,
          79.566017
        ]
      },
      {
        "date": "2025-11-14",
        "close": 84.072858,
        "volume": 37658,
        "typical_volume": 21375.25,
        "trend": 77.746265,
        "fair_value": 74.644171,
        "relative_strength": -1.704496,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.047528,
        "energy": 64.109938,
        "activity_lines": [
          83.471624,
          82.665496,
          81.532215,
          80.007653
        ]
      },
      {
        "date": "2025-11-21",
        "close": 81.662484,
        "volume": 50361,
        "typical_volume": 23343.95,
        "trend": 78.130567,
        "fair_value": 74.696702,
        "relative_strength": -1.406203,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.719461,
        "energy": 46.75134,
        "activity_lines": [
          82.965936,
          82.583404,
          81.663895,
          80.260312
        ]
      },
      {
        "date": "2025-11-28",
        "close": 84.041016,
        "volume": 30342,
        "typical_volume": 23955.45,
        "trend": 78.528368,
        "fair_value": 74.749884,
        "relative_strength": -3.161642,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.730745,
        "energy": 47.710486,
        "activity_lines": [
          83.29089,
          82.924853,
          81.995598,
          80.641631
        ]
      },
      {
        "date": "2025-12-05",
        "close": 83.872665,
        "volume": 27407,
        "typical_volume": 24658.95,
        "trend": 78.956529,
        "fair_value": 74.80723,
        "relative_strength": -4.217717,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.791318,
        "energy": 45.197885,
        "activity_lines": [
          83.482756,
          83.176478,
          82.27159,
          80.986425
        ]
      },
      {
        "date": "2025-12-12",
        "close": 83.037201,
        "volume": 15619,
        "typical_volume": 24492.25,
        "trend": 79.288464,
        "fair_value": 74.861435,
        "relative_strength": -3.305006,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.003555,
        "energy": 36.06487,
        "activity_lines": [
          83.346503,
          83.214819,
          82.433637,
          81.249694
        ]
      },
      {
        "date": "2025-12-19",
        "close": 83.750126,
        "volume": 42083,
        "typical_volume": 25134.85,
        "trend": 79.653237,
        "fair_value": 74.926638,
        "relative_strength": -3.013071,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.245955,
        "energy": 40.318099,
        "activity_lines": [
          83.48413,
          83.384614,
          82.641998,
          81.537543
        ]
      },
      {
        "date": "2025-12-26",
        "close": 84.636776,
        "volume": 8034,
        "typical_volume": 24483.4,
        "trend": 80.049509,
        "fair_value": 74.995062,
        "relative_strength": -3.179913,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.745553,
        "energy": 41.827357,
        "activity_lines": [
          83.938822,
          83.641096,
          82.903545,
          81.859062
        ]
      },
      {
        "date": "2026-01-02",
        "close": 84.681253,
        "volume": 22602,
        "typical_volume": 24702.8,
        "trend": 80.405135,
        "fair_value": 75.050252,
        "relative_strength": -1.449973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.472425,
        "energy": 42.570584,
        "activity_lines": [
          84.210054,
          83.861896,
          83.140807,
          82.157884
        ]
      },
      {
        "date": "2026-01-09",
        "close": 84.380937,
        "volume": 15609,
        "typical_volume": 24684.05,
        "trend": 80.738437,
        "fair_value": 75.093243,
        "relative_strength": -3.922988,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.231348,
        "energy": 49.470165,
        "activity_lines": [
          84.338499,
          83.99546,
          83.327864,
          82.414387
        ]
      },
      {
        "date": "2026-01-16",
        "close": 83.640722,
        "volume": 27293,
        "typical_volume": 25384.5,
        "trend": 81.108815,
        "fair_value": 75.134553,
        "relative_strength": -3.952923,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.286666,
        "energy": 44.7724,
        "activity_lines": [
          84.18632,
          83.971662,
          83.428417,
          82.601631
        ]
      },
      {
        "date": "2026-01-23",
        "close": 84.35036,
        "volume": 27166,
        "typical_volume": 25727.25,
        "trend": 81.455019,
        "fair_value": 75.178129,
        "relative_strength": -3.39948,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.400334,
        "energy": 38.45091,
        "activity_lines": [
          84.230452,
          84.075799,
          83.577651,
          82.810763
        ]
      },
      {
        "date": "2026-01-30",
        "close": 84.338744,
        "volume": 18838,
        "typical_volume": 25819.9,
        "trend": 81.729747,
        "fair_value": 75.223313,
        "relative_strength": -3.29383,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.125238,
        "energy": 33.984194,
        "activity_lines": [
          84.230697,
          84.172779,
          83.708991,
          82.99681
        ]
      },
      {
        "date": "2026-02-06",
        "close": 86.133388,
        "volume": 39651,
        "typical_volume": 26805.75,
        "trend": 82.077237,
        "fair_value": 75.290456,
        "relative_strength": 0.6896,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.593136,
        "energy": 44.745584,
        "activity_lines": [
          84.849025,
          84.547399,
          83.996169,
          83.280916
        ]
      },
      {
        "date": "2026-02-13",
        "close": 86.551149,
        "volume": 20053,
        "typical_volume": 26392.8,
        "trend": 82.407161,
        "fair_value": 75.365804,
        "relative_strength": 2.349761,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.984142,
        "energy": 63.22056,
        "activity_lines": [
          85.509798,
          84.959932,
          84.297662,
          83.569556
        ]
      },
      {
        "date": "2026-02-20",
        "close": 86.892367,
        "volume": 12088,
        "typical_volume": 25609.15,
        "trend": 82.68675,
        "fair_value": 75.456437,
        "relative_strength": 1.541402,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.601208,
        "energy": 79.08624,
        "activity_lines": [
          86.13963,
          85.385805,
          84.602822,
          83.858924
        ]
      },
      {
        "date": "2026-02-27",
        "close": 86.237034,
        "volume": 27438,
        "typical_volume": 25708.6,
        "trend": 82.988444,
        "fair_value": 75.534038,
        "relative_strength": 1.036966,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.069542,
        "energy": 76.515719,
        "activity_lines": [
          86.33424,
          85.622433,
          84.82769,
          84.087974
        ]
      },
      {
        "date": "2026-03-06",
        "close": 82.690038,
        "volume": 42815,
        "typical_volume": 25757.05,
        "trend": 83.123205,
        "fair_value": 75.607527,
        "relative_strength": -1.71742,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 35.416503,
        "energy": 28.88637,
        "activity_lines": [
          85.220741,
          85.168935,
          84.683389,
          84.068722
        ]
      },
      {
        "date": "2026-03-13",
        "close": 82.36272,
        "volume": 17282,
        "typical_volume": 25653.7,
        "trend": 83.197137,
        "fair_value": 75.682102,
        "relative_strength": -0.915284,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 8.426857,
        "energy": 10.623977,
        "activity_lines": [
          84.108049,
          84.691321,
          84.505722,
          84.019659
        ]
      },
      {
        "date": "2026-03-20",
        "close": 80.065234,
        "volume": 22820,
        "typical_volume": 26068.75,
        "trend": 83.165336,
        "fair_value": 75.734981,
        "relative_strength": -1.56961,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -38.745933,
        "energy": 38.097339,
        "activity_lines": [
          82.480907,
          83.838137,
          84.11174,
          83.8176
        ]
      },
      {
        "date": "2026-03-27",
        "close": 80.833445,
        "volume": 18862,
        "typical_volume": 26201.05,
        "trend": 83.204089,
        "fair_value": 75.777342,
        "relative_strength": 2.801544,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.568825,
        "energy": 41.556223,
        "activity_lines": [
          81.542229,
          83.203095,
          83.805507,
          83.667156
        ]
      },
      {
        "date": "2026-04-03",
        "close": 84.137409,
        "volume": 20761,
        "typical_volume": 25356.2,
        "trend": 83.3145,
        "fair_value": 75.840943,
        "relative_strength": 3.118778,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -16.621475,
        "energy": 31.850153,
        "activity_lines": [
          82.1088,
          83.219815,
          83.827019,
          83.72737
        ]
      },
      {
        "date": "2026-04-10",
        "close": 86.699073,
        "volume": 18039,
        "typical_volume": 23740.1,
        "trend": 83.498737,
        "fair_value": 75.915797,
        "relative_strength": 1.852359,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 30.851326,
        "energy": 17.987533,
        "activity_lines": [
          83.669235,
          83.706164,
          84.092193,
          83.94573
        ]
      },
      {
        "date": "2026-04-17",
        "close": 88.330207,
        "volume": 9051,
        "typical_volume": 22675.55,
        "trend": 83.750271,
        "fair_value": 76.001047,
        "relative_strength": -2.018154,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 58.214633,
        "energy": 36.6948,
        "activity_lines": [
          85.506112,
          84.446168,
          84.488728,
          84.257437
        ]
      },
      {
        "date": "2026-04-24",
        "close": 88.727119,
        "volume": 11975,
        "typical_volume": 21903.95,
        "trend": 84.024619,
        "fair_value": 76.085657,
        "relative_strength": -3.495333,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 71.888128,
        "energy": 54.515165,
        "activity_lines": [
          87.07746,
          85.218396,
          84.90264,
          84.578524
        ]
      },
      {
        "date": "2026-05-01",
        "close": 88.583564,
        "volume": 33779,
        "typical_volume": 22811.95,
        "trend": 84.206139,
        "fair_value": 76.166643,
        "relative_strength": -4.899318,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.348903,
        "energy": 71.565765,
        "activity_lines": [
          88.023498,
          85.924959,
          85.279764,
          84.87265
        ]
      },
      {
        "date": "2026-05-08",
        "close": 90.337802,
        "volume": 8752,
        "typical_volume": 21145.4,
        "trend": 84.562352,
        "fair_value": 76.260797,
        "relative_strength": -7.827518,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.768251,
        "energy": 81.74021,
        "activity_lines": [
          89.037607,
          86.919726,
          85.797547,
          85.268241
        ]
      },
      {
        "date": "2026-05-15",
        "close": 89.461576,
        "volume": 35206,
        "typical_volume": 22504.0,
        "trend": 84.803423,
        "fair_value": 76.3533,
        "relative_strength": -8.240298,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.618125,
        "energy": 74.96715,
        "activity_lines": [
          89.346282,
          87.68062,
          86.20051,
          85.58432
        ]
      },
      {
        "date": "2026-05-22",
        "close": 90.500915,
        "volume": 17627,
        "typical_volume": 22255.25,
        "trend": 85.057239,
        "fair_value": 76.465984,
        "relative_strength": -8.064758,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.763879,
        "energy": 68.285937,
        "activity_lines": [
          89.817235,
          88.507365,
          86.679482,
          85.9519
        ]
      },
      {
        "date": "2026-05-29",
        "close": 90.958288,
        "volume": 44282,
        "typical_volume": 23688.9,
        "trend": 85.318242,
        "fair_value": 76.575651,
        "relative_strength": -9.979178,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.998542,
        "energy": 63.586579,
        "activity_lines": [
          90.295933,
          89.269302,
          87.174301,
          86.332613
        ]
      },
      {
        "date": "2026-06-05",
        "close": 89.700141,
        "volume": 24359,
        "typical_volume": 23542.2,
        "trend": 85.52222,
        "fair_value": 76.673448,
        "relative_strength": -6.868174,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.58458,
        "energy": 49.530216,
        "activity_lines": [
          90.206504,
          89.60443,
          87.517975,
          86.615316
        ]
      },
      {
        "date": "2026-06-12",
        "close": 89.826521,
        "volume": 12625,
        "typical_volume": 22815.15,
        "trend": 85.714009,
        "fair_value": 76.763146,
        "relative_strength": -8.621244,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.62843,
        "energy": 44.82187,
        "activity_lines": [
          90.084763,
          89.801323,
          87.844832,
          86.893013
        ]
      },
      {
        "date": "2026-06-19",
        "close": 89.66,
        "volume": 11137,
        "typical_volume": 22430.1,
        "trend": 85.980593,
        "fair_value": 76.869353,
        "relative_strength": -10.949899,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.895266,
        "energy": 40.937874,
        "activity_lines": [
          89.9416,
          89.864501,
          88.129752,
          87.147593
        ]
      },
      {
        "date": "2026-06-26",
        "close": 88.2395,
        "volume": 18082,
        "typical_volume": 21351.65,
        "trend": 86.120542,
        "fair_value": 76.955908,
        "relative_strength": -8.094962,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.293126,
        "energy": 26.490974,
        "activity_lines": [
          89.311709,
          89.615571,
          88.254047,
          87.293329
        ]
      },
      {
        "date": "2026-07-03",
        "close": 89.3085,
        "volume": 42766,
        "typical_volume": 22487.3,
        "trend": 86.301737,
        "fair_value": 77.054527,
        "relative_strength": -7.618489,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.207098,
        "energy": 23.146638,
        "activity_lines": [
          89.188912,
          89.562654,
          88.470123,
          87.499003
        ]
      },
      {
        "date": "2026-07-10",
        "close": 88.7384,
        "volume": 14115,
        "typical_volume": 22588.65,
        "trend": 86.491777,
        "fair_value": 77.133372,
        "relative_strength": -9.652028,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.29133,
        "energy": 18.552379,
        "activity_lines": [
          88.986068,
          89.395512,
          88.618773,
          87.656208
        ]
      },
      {
        "date": "2026-07-17",
        "close": 87.5142,
        "volume": 8276,
        "typical_volume": 21630.55,
        "trend": 86.617246,
        "fair_value": 77.201399,
        "relative_strength": -6.882706,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.597253,
        "energy": 17.966835,
        "activity_lines": [
          88.439273,
          89.002973,
          88.642042,
          87.72217
        ]
      },
      {
        "date": "2026-07-24",
        "close": 87.7222,
        "volume": 14645,
        "typical_volume": 20222.05,
        "trend": 86.720094,
        "fair_value": 77.261002,
        "relative_strength": -4.999654,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.108578,
        "energy": 15.196141,
        "activity_lines": [
          88.115967,
          88.699591,
          88.679039,
          87.793458
        ]
      },
      {
        "date": "2026-07-31",
        "close": 89.1941,
        "volume": 25635,
        "typical_volume": 20639.7,
        "trend": 86.870522,
        "fair_value": 77.346525,
        "relative_strength": -3.793367,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.330917,
        "energy": 13.049952,
        "activity_lines": [
          88.41248,
          88.695452,
          88.832254,
          87.953071
        ]
      },
      {
        "date": "2026-08-07",
        "close": 92.0772,
        "volume": 21288,
        "typical_volume": 20563.1,
        "trend": 87.127064,
        "fair_value": 77.45453,
        "relative_strength": -5.361136,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 64.148537,
        "energy": 32.766533,
        "activity_lines": [
          89.606387,
          89.239272,
          89.22752,
          88.288986
        ]
      }
    ],
    "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."
    }
  }
}