{
  "ticker": {
    "uuid": "f755fd36-fa73-4214-a567-00ab8019ed1a",
    "symbol": "XZDW",
    "name": "Xtrackers MSCI World High Dividend Yield ESG UCITS ETF 1D USD Income",
    "exchange": "LSE",
    "country": "GB",
    "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": "^FTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 83.569,
    "architecture_energy": 57.939,
    "architecture_maturity": 27.131,
    "architecture_confidence": 80.33,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 25.26,
        "rotation_up": 52.94,
        "upward_expansion": 79.33,
        "deceleration": 63.42,
        "rotation_down": 26.96,
        "downward_expansion": 8.33
      },
      "activity_lines": [
        45.231834,
        45.005637,
        44.605091,
        43.838262
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 46.4725,
    "trend_reference": 42.918131,
    "distance_from_trend": 0.082817,
    "trend_direction": "Improving",
    "fair_value": 35.260666,
    "distance_from_fair_value": 0.31797,
    "fair_value_direction": "Improving",
    "relative_strength": 4.944061,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.113152,
    "excess_performance": 0.061917,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.082817,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.047591,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.31797,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.037293,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.049441,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.026358,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.113152,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.279229,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 55,
      "relative_activity": 0.019605,
      "balance": 2.279229,
      "dry_up": 1.155628,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.01964,
      "annualized_volatility": 0.127349,
      "from_high_reference": 0.0,
      "from_low_reference": 0.280381
    },
    "levels": {
      "trend_reference": 42.918131,
      "fair_value_reference": 35.260666,
      "structural_low": 38.649627,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 2,
        "median_return": 0.071399,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.046546,
        "regime_survival": 0.5,
        "best_return": 0.090105,
        "worst_return": 0.052694,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.141088,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.086851,
        "regime_survival": 0.0,
        "best_return": 0.141088,
        "worst_return": 0.141088,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-21",
        "end": "2025-03-28",
        "tenure": "New",
        "return": -0.010065,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-04",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.086756,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-30",
        "end": "2025-06-27",
        "tenure": "Developing",
        "return": 0.028196,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-04",
        "end": "2026-03-20",
        "tenure": "Extended",
        "return": 0.091635,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.090105,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-07-24",
        "tenure": "Established",
        "return": 0.032667,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.041109,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-09-15",
        "close": 28.447039,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 27.851475,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 27.573557,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-06",
        "close": 27.53694,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 27.629797,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 27.107653,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 26.572104,
        "volume": 1110,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 27.931025,
        "volume": 4053,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 27.662071,
        "volume": 713,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 28.497242,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 28.931341,
        "volume": 1303,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 29.160189,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 29.285227,
        "volume": 101,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 29.995359,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 30.195896,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 30.526184,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 30.207689,
        "volume": 1603,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 30.453051,
        "volume": 412,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 30.349247,
        "volume": 150,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 30.743237,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 30.349247,
        "volume": 420,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 30.332731,
        "volume": 642,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 30.500237,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 30.883169,
        "volume": 5135,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 30.809536,
        "volume": 9475,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 31.220449,
        "volume": 7662,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 31.039932,
        "volume": 2047,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 31.284588,
        "volume": 6040,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 31.533987,
        "volume": 303,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 30.940168,
        "volume": 4381,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 30.422369,
        "volume": 1574,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 29.966314,
        "volume": 5200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 30.329729,
        "volume": 1840,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 30.479372,
        "volume": 530,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 31.113565,
        "volume": 233,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 31.657501,
        "volume": 1457,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 31.524601,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 31.061281,
        "volume": 1976,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 31.612965,
        "volume": 1040,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 31.357428,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 31.663118,
        "volume": 1753,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 31.725204,
        "volume": 6655,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 31.87089,
        "volume": 3951,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 32.639904,
        "volume": 1560,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 32.30077,
        "volume": 1219,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 32.262562,
        "volume": 260,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 31.572363,
        "volume": 1267,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 31.689388,
        "volume": 5851,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 32.670948,
        "volume": 32,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 33.597691,
        "volume": 4389,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 33.56638,
        "volume": 522,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 32.858356,
        "volume": 876,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 33.74218,
        "volume": 2263,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 34.011913,
        "volume": 139,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 34.618801,
        "volume": 252,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 33.978199,
        "volume": 2501,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 34.380375,
        "volume": 8779,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 34.664547,
        "volume": 7826,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 34.223839,
        "volume": 3667,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 33.983013,
        "volume": 1473,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 34.609165,
        "volume": 18960,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 33.824066,
        "volume": 8188,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 34.037106,
        "volume": 10806,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 34.550316,
        "volume": 553,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 34.789986,
        "volume": 1,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 34.303394,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 33.620716,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 33.80711,
        "volume": 573,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 33.548088,
        "volume": 16824,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 33.221275,
        "volume": 2137,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 34.056465,
        "volume": 786,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 34.758511,
        "volume": 1796,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 34.930389,
        "volume": 4228,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 34.468006,
        "volume": 85,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 35.097427,
        "volume": 8624,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 35.092434,
        "volume": 999,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 34.537807,
        "volume": 1369,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 34.654572,
        "volume": 24844,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 33.849384,
        "volume": 250,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 33.837223,
        "volume": 6229,
        "typical_volume": 5362.6,
        "trend": 34.187368,
        "fair_value": 31.783617,
        "relative_strength": -1.809537,
        "stage": 3,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": -5.744407,
        "energy": 13.497325,
        "activity_lines": [
          34.181028,
          34.441751,
          34.330505,
          34.289644
        ]
      },
      {
        "date": "2025-03-28",
        "close": 33.496662,
        "volume": 630,
        "typical_volume": 4446.1,
        "trend": 34.185044,
        "fair_value": 31.804766,
        "relative_strength": -2.888282,
        "stage": 3,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": -24.808118,
        "energy": 26.124488,
        "activity_lines": [
          33.88182,
          34.254195,
          34.255933,
          34.245083
        ]
      },
      {
        "date": "2025-04-04",
        "close": 31.531134,
        "volume": 2068,
        "typical_volume": 4140.1,
        "trend": 34.140803,
        "fair_value": 31.801429,
        "relative_strength": -1.734864,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -88.200682,
        "energy": 79.006791,
        "activity_lines": [
          33.033822,
          33.719448,
          33.999465,
          34.073863
        ]
      },
      {
        "date": "2025-04-11",
        "close": 31.34869,
        "volume": 10446,
        "typical_volume": 4122.1,
        "trend": 34.06102,
        "fair_value": 31.795974,
        "relative_strength": -1.2522,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.493688,
        "energy": 85.852743,
        "activity_lines": [
          32.325453,
          33.210209,
          33.73654,
          33.893726
        ]
      },
      {
        "date": "2025-04-18",
        "close": 32.005489,
        "volume": 687,
        "typical_volume": 4128.8,
        "trend": 33.99414,
        "fair_value": 31.798468,
        "relative_strength": -3.011867,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.028093,
        "energy": 82.199567,
        "activity_lines": [
          32.05641,
          32.88551,
          33.54897,
          33.761111
        ]
      },
      {
        "date": "2025-04-25",
        "close": 32.701202,
        "volume": 908,
        "typical_volume": 4174.15,
        "trend": 33.93022,
        "fair_value": 31.809089,
        "relative_strength": -2.622551,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.845527,
        "energy": 78.29955,
        "activity_lines": [
          32.142198,
          32.732078,
          33.439776,
          33.677696
        ]
      },
      {
        "date": "2025-05-02",
        "close": 33.78614,
        "volume": 3993,
        "typical_volume": 4373.8,
        "trend": 33.923818,
        "fair_value": 31.832078,
        "relative_strength": -1.615356,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.847611,
        "energy": 41.978481,
        "activity_lines": [
          32.665366,
          32.819474,
          33.443856,
          33.668401
        ]
      },
      {
        "date": "2025-05-09",
        "close": 33.642616,
        "volume": 1005,
        "typical_volume": 4424.05,
        "trend": 33.899226,
        "fair_value": 31.852889,
        "relative_strength": -1.672135,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.256012,
        "energy": 20.432439,
        "activity_lines": [
          33.121394,
          32.904526,
          33.43673,
          33.650259
        ]
      },
      {
        "date": "2025-05-16",
        "close": 34.683762,
        "volume": 6388,
        "typical_volume": 4714.8,
        "trend": 33.899866,
        "fair_value": 31.885058,
        "relative_strength": -0.256493,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -4.546634,
        "energy": 19.765508,
        "activity_lines": [
          33.783706,
          33.195153,
          33.528657,
          33.700874
        ]
      },
      {
        "date": "2025-05-23",
        "close": 34.266636,
        "volume": 3962,
        "typical_volume": 4071.7,
        "trend": 33.901293,
        "fair_value": 31.911817,
        "relative_strength": -1.899782,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 7.191462,
        "energy": 24.407202,
        "activity_lines": [
          34.084637,
          33.409409,
          33.576683,
          33.724536
        ]
      },
      {
        "date": "2025-05-30",
        "close": 34.770267,
        "volume": 10,
        "typical_volume": 3965.35,
        "trend": 33.927535,
        "fair_value": 31.943577,
        "relative_strength": -1.174933,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 26.720532,
        "energy": 32.273234,
        "activity_lines": [
          34.402702,
          33.707647,
          33.669252,
          33.780599
        ]
      },
      {
        "date": "2025-06-06",
        "close": 35.195667,
        "volume": 568,
        "typical_volume": 3954.45,
        "trend": 33.947085,
        "fair_value": 31.979315,
        "relative_strength": -0.777804,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.769253,
        "energy": 41.995514,
        "activity_lines": [
          34.72463,
          34.066267,
          33.794959,
          33.862414
        ]
      },
      {
        "date": "2025-06-13",
        "close": 35.291019,
        "volume": 5118,
        "typical_volume": 4120.55,
        "trend": 33.995983,
        "fair_value": 32.015311,
        "relative_strength": -0.71759,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.814704,
        "energy": 53.651973,
        "activity_lines": [
          34.984373,
          34.411332,
          33.924323,
          33.94912
        ]
      },
      {
        "date": "2025-06-20",
        "close": 34.682255,
        "volume": 1811,
        "typical_volume": 3999.7,
        "trend": 34.017488,
        "fair_value": 32.043988,
        "relative_strength": -1.637499,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.868823,
        "energy": 43.764342,
        "activity_lines": [
          34.931301,
          34.577351,
          33.993173,
          33.993395
        ]
      },
      {
        "date": "2025-06-27",
        "close": 35.750641,
        "volume": 11928,
        "typical_volume": 4591.85,
        "trend": 34.057499,
        "fair_value": 32.083421,
        "relative_strength": 1.028042,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 72.323307,
        "energy": 63.130083,
        "activity_lines": [
          35.234459,
          34.877012,
          34.164956,
          34.105212
        ]
      },
      {
        "date": "2025-07-04",
        "close": 36.200493,
        "volume": 6146,
        "typical_volume": 4467.95,
        "trend": 34.104516,
        "fair_value": 32.126758,
        "relative_strength": 1.914689,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.258889,
        "energy": 72.216683,
        "activity_lines": [
          35.588633,
          35.190371,
          34.373474,
          34.243469
        ]
      },
      {
        "date": "2025-07-11",
        "close": 36.056244,
        "volume": 1155,
        "typical_volume": 4475.75,
        "trend": 34.162944,
        "fair_value": 32.167691,
        "relative_strength": 0.129515,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.793972,
        "energy": 75.599459,
        "activity_lines": [
          35.799376,
          35.413879,
          34.563002,
          34.369387
        ]
      },
      {
        "date": "2025-07-18",
        "close": 36.080696,
        "volume": 1262,
        "typical_volume": 4470.4,
        "trend": 34.244943,
        "fair_value": 32.208031,
        "relative_strength": -0.395585,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.411299,
        "energy": 79.747423,
        "activity_lines": [
          35.960898,
          35.600558,
          34.750269,
          34.493113
        ]
      },
      {
        "date": "2025-07-25",
        "close": 36.603886,
        "volume": 293,
        "typical_volume": 3242.85,
        "trend": 34.338169,
        "fair_value": 32.252886,
        "relative_strength": -0.428556,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.412548,
        "energy": 84.271659,
        "activity_lines": [
          36.244172,
          35.838034,
          34.980016,
          34.645303
        ]
      },
      {
        "date": "2025-08-01",
        "close": 35.427929,
        "volume": 68,
        "typical_volume": 3233.75,
        "trend": 34.400831,
        "fair_value": 32.284958,
        "relative_strength": -3.098576,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.399082,
        "energy": 59.463811,
        "activity_lines": [
          36.007351,
          35.826789,
          35.088485,
          34.71561
        ]
      },
      {
        "date": "2025-08-08",
        "close": 36.422966,
        "volume": 213,
        "typical_volume": 2932.95,
        "trend": 34.507554,
        "fair_value": 32.326338,
        "relative_strength": -0.732883,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.34952,
        "energy": 52.423039,
        "activity_lines": [
          36.123723,
          35.975344,
          35.284202,
          34.84607
        ]
      },
      {
        "date": "2025-08-15",
        "close": 36.863037,
        "volume": 371,
        "typical_volume": 2920.0,
        "trend": 34.601106,
        "fair_value": 32.371255,
        "relative_strength": -0.057395,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.670282,
        "energy": 56.317399,
        "activity_lines": [
          36.371954,
          36.173864,
          35.509518,
          34.998037
        ]
      },
      {
        "date": "2025-08-22",
        "close": 37.320724,
        "volume": 938,
        "typical_volume": 2863.5,
        "trend": 34.686513,
        "fair_value": 32.41978,
        "relative_strength": -0.783068,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.679058,
        "energy": 61.371455,
        "activity_lines": [
          36.718961,
          36.425283,
          35.762393,
          35.173496
        ]
      },
      {
        "date": "2025-08-29",
        "close": 36.923908,
        "volume": 44,
        "typical_volume": 2343.4,
        "trend": 34.752964,
        "fair_value": 32.463509,
        "relative_strength": -0.410826,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.583331,
        "energy": 72.87916,
        "activity_lines": [
          36.851027,
          36.567651,
          35.949907,
          35.317844
        ]
      },
      {
        "date": "2025-09-05",
        "close": 37.012634,
        "volume": 633,
        "typical_volume": 2340.7,
        "trend": 34.837785,
        "fair_value": 32.507251,
        "relative_strength": -0.399697,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.896259,
        "energy": 73.62154,
        "activity_lines": [
          36.991334,
          36.685393,
          36.119321,
          35.46363
        ]
      },
      {
        "date": "2025-09-12",
        "close": 37.202423,
        "volume": 35,
        "typical_volume": 2297.05,
        "trend": 34.907951,
        "fair_value": 32.551967,
        "relative_strength": -0.665204,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.212028,
        "energy": 67.484909,
        "activity_lines": [
          37.089257,
          36.814697,
          36.282968,
          35.616187
        ]
      },
      {
        "date": "2025-09-19",
        "close": 37.325661,
        "volume": 192,
        "typical_volume": 2107.0,
        "trend": 34.982392,
        "fair_value": 32.597001,
        "relative_strength": 0.423703,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.135486,
        "energy": 56.089261,
        "activity_lines": [
          37.176296,
          36.948191,
          36.436917,
          35.772168
        ]
      },
      {
        "date": "2025-09-26",
        "close": 37.224602,
        "volume": 5037,
        "typical_volume": 2308.6,
        "trend": 35.071952,
        "fair_value": 32.64025,
        "relative_strength": -0.51097,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.609694,
        "energy": 54.810769,
        "activity_lines": [
          37.198807,
          37.04023,
          36.564386,
          35.916827
        ]
      },
      {
        "date": "2025-10-03",
        "close": 38.262249,
        "volume": 117,
        "typical_volume": 1995.05,
        "trend": 35.192208,
        "fair_value": 32.692306,
        "relative_strength": 0.071829,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.684369,
        "energy": 67.099945,
        "activity_lines": [
          37.573608,
          37.300134,
          36.773622,
          36.122652
        ]
      },
      {
        "date": "2025-10-10",
        "close": 37.337978,
        "volume": 57,
        "typical_volume": 1799.8,
        "trend": 35.308494,
        "fair_value": 32.734926,
        "relative_strength": -1.588393,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.525771,
        "energy": 53.91514,
        "activity_lines": [
          37.551096,
          37.361837,
          36.877792,
          36.261089
        ]
      },
      {
        "date": "2025-10-17",
        "close": 37.574589,
        "volume": 3930,
        "typical_volume": 1995.8,
        "trend": 35.433073,
        "fair_value": 32.778923,
        "relative_strength": -0.130639,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.047488,
        "energy": 50.139262,
        "activity_lines": [
          37.585765,
          37.431831,
          36.98987,
          36.407289
        ]
      },
      {
        "date": "2025-10-24",
        "close": 38.109142,
        "volume": 2225,
        "typical_volume": 2078.65,
        "trend": 35.586823,
        "fair_value": 32.826943,
        "relative_strength": -1.6726,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.215431,
        "energy": 55.138734,
        "activity_lines": [
          37.773807,
          37.578079,
          37.139505,
          36.579938
        ]
      },
      {
        "date": "2025-10-31",
        "close": 37.986198,
        "volume": 320,
        "typical_volume": 1838.75,
        "trend": 35.801991,
        "fair_value": 32.873008,
        "relative_strength": -2.597994,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.480035,
        "energy": 50.911064,
        "activity_lines": [
          37.868635,
          37.679317,
          37.263556,
          36.734737
        ]
      },
      {
        "date": "2025-11-07",
        "close": 37.402065,
        "volume": 21527,
        "typical_volume": 2824.55,
        "trend": 36.003771,
        "fair_value": 32.913088,
        "relative_strength": -3.555908,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.256376,
        "energy": 43.507457,
        "activity_lines": [
          37.71798,
          37.662249,
          37.319142,
          36.837967
        ]
      },
      {
        "date": "2025-11-14",
        "close": 38.158733,
        "volume": 7914,
        "typical_volume": 2623.85,
        "trend": 36.208879,
        "fair_value": 32.959103,
        "relative_strength": -1.642244,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.619466,
        "energy": 46.708599,
        "activity_lines": [
          37.876893,
          37.774063,
          37.43384,
          36.976997
        ]
      },
      {
        "date": "2025-11-21",
        "close": 37.650517,
        "volume": 3275,
        "typical_volume": 2480.3,
        "trend": 36.373856,
        "fair_value": 32.999898,
        "relative_strength": -1.255656,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.181154,
        "energy": 34.906244,
        "activity_lines": [
          37.811683,
          37.772636,
          37.48867,
          37.070006
        ]
      },
      {
        "date": "2025-11-28",
        "close": 38.909164,
        "volume": 535,
        "typical_volume": 2449.3,
        "trend": 36.544623,
        "fair_value": 33.05084,
        "relative_strength": 0.227497,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.608578,
        "energy": 45.724082,
        "activity_lines": [
          38.160961,
          37.991907,
          37.656466,
          37.233574
        ]
      },
      {
        "date": "2025-12-05",
        "close": 39.389832,
        "volume": 1888,
        "typical_volume": 2480.6,
        "trend": 36.736197,
        "fair_value": 33.105019,
        "relative_strength": 2.082535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.038331,
        "energy": 60.086142,
        "activity_lines": [
          38.617127,
          38.269782,
          37.856454,
          37.417136
        ]
      },
      {
        "date": "2025-12-12",
        "close": 39.434433,
        "volume": 1128,
        "typical_volume": 2522.35,
        "trend": 36.894553,
        "fair_value": 33.158658,
        "relative_strength": 2.411417,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.757912,
        "energy": 69.138481,
        "activity_lines": [
          38.994583,
          38.516397,
          38.044932,
          37.591216
        ]
      },
      {
        "date": "2025-12-19",
        "close": 39.449295,
        "volume": 689,
        "typical_volume": 2553.4,
        "trend": 37.067308,
        "fair_value": 33.211521,
        "relative_strength": -0.037995,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.109502,
        "energy": 77.163949,
        "activity_lines": [
          39.241503,
          38.744403,
          38.221347,
          37.756038
        ]
      },
      {
        "date": "2025-12-26",
        "close": 39.754047,
        "volume": 82,
        "typical_volume": 2546.85,
        "trend": 37.233434,
        "fair_value": 33.266042,
        "relative_strength": 1.065562,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.253075,
        "energy": 77.457833,
        "activity_lines": [
          39.503969,
          38.98943,
          38.407636,
          37.929376
        ]
      },
      {
        "date": "2026-01-02",
        "close": 39.667332,
        "volume": 26,
        "typical_volume": 2529.6,
        "trend": 37.38249,
        "fair_value": 33.318945,
        "relative_strength": 0.075281,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.846022,
        "energy": 70.574387,
        "activity_lines": [
          39.597295,
          39.179064,
          38.569805,
          38.086402
        ]
      },
      {
        "date": "2026-01-09",
        "close": 40.484959,
        "volume": 755,
        "typical_volume": 2520.45,
        "trend": 37.555621,
        "fair_value": 33.377683,
        "relative_strength": 0.401755,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.114914,
        "energy": 73.990641,
        "activity_lines": [
          39.912619,
          39.489028,
          38.796489,
          38.286561
        ]
      },
      {
        "date": "2026-01-16",
        "close": 40.665829,
        "volume": 756,
        "typical_volume": 2556.05,
        "trend": 37.755074,
        "fair_value": 33.436936,
        "relative_strength": -0.225459,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.961423,
        "energy": 74.994773,
        "activity_lines": [
          40.215224,
          39.786444,
          39.025331,
          38.48722
        ]
      },
      {
        "date": "2026-01-23",
        "close": 40.631142,
        "volume": 658,
        "typical_volume": 2557.3,
        "trend": 37.917757,
        "fair_value": 33.494954,
        "relative_strength": 0.632674,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.012356,
        "energy": 70.189514,
        "activity_lines": [
          40.424174,
          40.018213,
          39.233051,
          38.672772
        ]
      },
      {
        "date": "2026-01-30",
        "close": 41.218346,
        "volume": 6182,
        "typical_volume": 2864.65,
        "trend": 38.085019,
        "fair_value": 33.556741,
        "relative_strength": 1.284886,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.152926,
        "energy": 74.924635,
        "activity_lines": [
          40.750069,
          40.311793,
          39.479464,
          38.885714
        ]
      },
      {
        "date": "2026-02-06",
        "close": 41.748566,
        "volume": 318,
        "typical_volume": 2870.95,
        "trend": 38.274763,
        "fair_value": 33.621755,
        "relative_strength": 1.109008,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.807522,
        "energy": 78.038324,
        "activity_lines": [
          41.155084,
          40.636907,
          39.757251,
          39.122072
        ]
      },
      {
        "date": "2026-02-13",
        "close": 42.006241,
        "volume": 4455,
        "typical_volume": 2841.85,
        "trend": 38.472281,
        "fair_value": 33.687775,
        "relative_strength": 0.986129,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.37425,
        "energy": 80.070352,
        "activity_lines": [
          41.507241,
          40.957246,
          40.038516,
          39.362812
        ]
      },
      {
        "date": "2026-02-20",
        "close": 42.204159,
        "volume": 2071,
        "typical_volume": 2939.55,
        "trend": 38.658957,
        "fair_value": 33.754309,
        "relative_strength": -0.771838,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.870098,
        "energy": 85.78791,
        "activity_lines": [
          41.823953,
          41.265999,
          40.315862,
          39.603578
        ]
      },
      {
        "date": "2026-02-27",
        "close": 42.383255,
        "volume": 90,
        "typical_volume": 2941.2,
        "trend": 38.890801,
        "fair_value": 33.8212,
        "relative_strength": -2.376955,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.386041,
        "energy": 87.505594,
        "activity_lines": [
          42.097807,
          41.556956,
          40.591493,
          39.843856
        ]
      },
      {
        "date": "2026-03-06",
        "close": 40.746525,
        "volume": 883,
        "typical_volume": 2788.85,
        "trend": 39.03492,
        "fair_value": 33.874472,
        "relative_strength": -0.421447,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.964431,
        "energy": 57.862954,
        "activity_lines": [
          41.709278,
          41.496981,
          40.68722,
          39.96358
        ]
      },
      {
        "date": "2026-03-13",
        "close": 40.164471,
        "volume": 675,
        "typical_volume": 2711.35,
        "trend": 39.144967,
        "fair_value": 33.922487,
        "relative_strength": -1.614806,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.183027,
        "energy": 37.65324,
        "activity_lines": [
          41.158185,
          41.313133,
          40.712408,
          40.036454
        ]
      },
      {
        "date": "2026-03-20",
        "close": 39.517738,
        "volume": 5635,
        "typical_volume": 2977.1,
        "trend": 39.218201,
        "fair_value": 33.964875,
        "relative_strength": 0.113248,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 21.653248,
        "energy": 20.532306,
        "activity_lines": [
          40.497121,
          41.002658,
          40.666216,
          40.060504
        ]
      },
      {
        "date": "2026-03-27",
        "close": 39.089901,
        "volume": 3486,
        "typical_volume": 2075.05,
        "trend": 39.290401,
        "fair_value": 34.003409,
        "relative_strength": -1.483831,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.561847,
        "energy": 23.294866,
        "activity_lines": [
          39.859345,
          40.63198,
          40.571985,
          40.052226
        ]
      },
      {
        "date": "2026-04-03",
        "close": 40.072437,
        "volume": 114,
        "typical_volume": 1685.05,
        "trend": 39.392394,
        "fair_value": 34.048701,
        "relative_strength": -3.510304,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.08251,
        "energy": 23.329214,
        "activity_lines": [
          39.756698,
          40.468599,
          40.563291,
          40.10268
        ]
      },
      {
        "date": "2026-04-10",
        "close": 41.55743,
        "volume": 5286,
        "typical_volume": 1785.6,
        "trend": 39.537561,
        "fair_value": 34.104321,
        "relative_strength": -1.477057,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.319871,
        "energy": 20.361265,
        "activity_lines": [
          40.303103,
          40.585375,
          40.686912,
          40.24236
        ]
      },
      {
        "date": "2026-04-17",
        "close": 42.885715,
        "volume": 563,
        "typical_volume": 1787.0,
        "trend": 39.722896,
        "fair_value": 34.16889,
        "relative_strength": 0.957931,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 66.868384,
        "energy": 35.50605,
        "activity_lines": [
          41.23821,
          40.937491,
          40.918432,
          40.45837
        ]
      },
      {
        "date": "2026-04-24",
        "close": 42.612095,
        "volume": 2089,
        "typical_volume": 1797.05,
        "trend": 39.902479,
        "fair_value": 34.230519,
        "relative_strength": 2.992895,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 65.781605,
        "energy": 59.012877,
        "activity_lines": [
          41.900693,
          41.219184,
          41.104957,
          40.64477
        ]
      },
      {
        "date": "2026-05-01",
        "close": 43.097145,
        "volume": 794,
        "typical_volume": 1780.35,
        "trend": 40.063643,
        "fair_value": 34.29477,
        "relative_strength": 4.20334,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.128545,
        "energy": 73.254439,
        "activity_lines": [
          42.51857,
          41.578051,
          41.322333,
          40.850877
        ]
      },
      {
        "date": "2026-05-08",
        "close": 44.010029,
        "volume": 218,
        "typical_volume": 1756.8,
        "trend": 40.286044,
        "fair_value": 34.364664,
        "relative_strength": 7.579871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.111841,
        "energy": 81.802461,
        "activity_lines": [
          43.173591,
          42.086662,
          41.609209,
          41.105483
        ]
      },
      {
        "date": "2026-05-15",
        "close": 43.937893,
        "volume": 163,
        "typical_volume": 1760.85,
        "trend": 40.498154,
        "fair_value": 34.433044,
        "relative_strength": 7.63713,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.333041,
        "energy": 80.612696,
        "activity_lines": [
          43.542061,
          42.552579,
          41.867497,
          41.341086
        ]
      },
      {
        "date": "2026-05-22",
        "close": 44.857498,
        "volume": 6562,
        "typical_volume": 2087.65,
        "trend": 40.7231,
        "fair_value": 34.506977,
        "relative_strength": 6.863269,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.997184,
        "energy": 83.562374,
        "activity_lines": [
          44.058369,
          43.127672,
          42.193443,
          41.622334
        ]
      },
      {
        "date": "2026-05-29",
        "close": 45.345001,
        "volume": 5257,
        "typical_volume": 2312.75,
        "trend": 40.968393,
        "fair_value": 34.583301,
        "relative_strength": 8.412082,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.39241,
        "energy": 83.560798,
        "activity_lines": [
          44.605725,
          43.706075,
          42.541103,
          41.920521
        ]
      },
      {
        "date": "2026-06-05",
        "close": 44.535,
        "volume": 83,
        "typical_volume": 2279.1,
        "trend": 41.206158,
        "fair_value": 34.652893,
        "relative_strength": 6.738706,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.105273,
        "energy": 74.287719,
        "activity_lines": [
          44.700888,
          44.031254,
          42.788478,
          42.150625
        ]
      },
      {
        "date": "2026-06-12",
        "close": 44.994999,
        "volume": 8,
        "typical_volume": 2246.6,
        "trend": 41.434033,
        "fair_value": 34.724713,
        "relative_strength": 6.616648,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.822879,
        "energy": 73.28842,
        "activity_lines": [
          44.853526,
          44.341067,
          43.061237,
          42.395066
        ]
      },
      {
        "date": "2026-06-19",
        "close": 44.700001,
        "volume": 242,
        "typical_volume": 1949.6,
        "trend": 41.669016,
        "fair_value": 34.793508,
        "relative_strength": 6.841618,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.101306,
        "energy": 63.73943,
        "activity_lines": [
          44.842167,
          44.507744,
          43.28512,
          42.605774
        ]
      },
      {
        "date": "2026-06-26",
        "close": 44.605,
        "volume": 5,
        "typical_volume": 1933.95,
        "trend": 41.858877,
        "fair_value": 34.86071,
        "relative_strength": 5.055445,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.090001,
        "energy": 53.286231,
        "activity_lines": [
          44.748333,
          44.60001,
          43.483377,
          42.795192
        ]
      },
      {
        "date": "2026-07-03",
        "close": 44.827499,
        "volume": 26,
        "typical_volume": 1712.5,
        "trend": 42.040133,
        "fair_value": 34.928512,
        "relative_strength": 3.842059,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.530613,
        "energy": 52.456439,
        "activity_lines": [
          44.7455,
          44.70147,
          43.689222,
          42.986716
        ]
      },
      {
        "date": "2026-07-10",
        "close": 44.98,
        "volume": 18244,
        "typical_volume": 2521.15,
        "trend": 42.224985,
        "fair_value": 34.996427,
        "relative_strength": 5.871808,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.584567,
        "energy": 51.252978,
        "activity_lines": [
          44.828,
          44.790378,
          43.896156,
          43.176385
        ]
      },
      {
        "date": "2026-07-17",
        "close": 44.535,
        "volume": 8547,
        "typical_volume": 2944.0,
        "trend": 42.394508,
        "fair_value": 35.060444,
        "relative_strength": 3.711832,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.632833,
        "energy": 43.682643,
        "activity_lines": [
          44.7325,
          44.764143,
          44.047491,
          43.325418
        ]
      },
      {
        "date": "2026-07-24",
        "close": 44.505001,
        "volume": 4243,
        "typical_volume": 3112.0,
        "trend": 42.552874,
        "fair_value": 35.123408,
        "relative_strength": 2.267005,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.546235,
        "energy": 39.064164,
        "activity_lines": [
          44.657667,
          44.722909,
          44.185723,
          43.461579
        ]
      },
      {
        "date": "2026-07-31",
        "close": 44.637501,
        "volume": 123,
        "typical_volume": 3084.4,
        "trend": 42.718546,
        "fair_value": 35.186415,
        "relative_strength": 1.230312,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.925892,
        "energy": 35.8059,
        "activity_lines": [
          44.640001,
          44.695455,
          44.318676,
          43.596071
        ]
      },
      {
        "date": "2026-08-07",
        "close": 46.4725,
        "volume": 55,
        "typical_volume": 2805.4,
        "trend": 42.918131,
        "fair_value": 35.260666,
        "relative_strength": 4.944061,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 83.569207,
        "energy": 57.939357,
        "activity_lines": [
          45.231834,
          45.005637,
          44.605091,
          43.838262
        ]
      }
    ],
    "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."
    }
  }
}