{
  "ticker": {
    "uuid": "fcb4776f-0ed5-4109-bcfd-ddd0c0a69c43",
    "symbol": "JBL",
    "name": "Jabil Circuit Inc",
    "exchange": "NYSE",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 9.734,
    "architecture_energy": 16.037,
    "architecture_maturity": 53.688,
    "architecture_confidence": 73.66,
    "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": 55.33,
        "rotation_up": 20.18,
        "upward_expansion": 43.11,
        "deceleration": 83.81,
        "rotation_down": 39.89,
        "downward_expansion": 34.78
      },
      "activity_lines": [
        322.425333,
        331.210909,
        339.001509,
        326.508582
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
    },
    "latest_close": 341.22,
    "trend_reference": 306.441449,
    "distance_from_trend": 0.113492,
    "trend_direction": "Improving",
    "fair_value": 180.670644,
    "distance_from_fair_value": 0.88863,
    "fair_value_direction": "Weakening",
    "relative_strength": 14.606421,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.322,
    "excess_performance": 0.196375,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.113492,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.152531,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.88863,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.324068,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.146064,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.223236,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.322,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.630556,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 5115601,
      "relative_activity": 0.859835,
      "balance": 0.630556,
      "dry_up": 0.905299,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.116393,
      "annualized_volatility": 0.38337,
      "from_high_reference": -0.20449,
      "from_low_reference": 0.800667
    },
    "levels": {
      "trend_reference": 306.441449,
      "fair_value_reference": 180.670644,
      "structural_low": 234.904699,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 11,
        "median_return": 0.053752,
        "positive_rate": 0.636364,
        "directional_follow_through": 0.636364,
        "median_excess_return": 0.060646,
        "regime_survival": 0.454545,
        "best_return": 0.308502,
        "worst_return": -0.073722,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.271552,
        "positive_rate": 0.857143,
        "directional_follow_through": 0.857143,
        "median_excess_return": 0.230291,
        "regime_survival": 0.142857,
        "best_return": 0.395259,
        "worst_return": -0.072909,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.371327,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.279829,
        "regime_survival": 0.25,
        "best_return": 0.576123,
        "worst_return": -0.099925,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.682325,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.467165,
        "regime_survival": 0.0,
        "best_return": 0.846845,
        "worst_return": 0.517805,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-05-03",
        "end": "2024-05-17",
        "tenure": "New",
        "return": -0.018101,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-05-24",
        "end": "2024-10-04",
        "tenure": "Established",
        "return": 0.017984,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-10-11",
        "end": "2024-11-08",
        "tenure": "Developing",
        "return": 0.092731,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-15",
        "end": "2025-03-07",
        "tenure": "Established",
        "return": 0.091657,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-03-14",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.140146,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-11",
        "end": "2025-05-02",
        "tenure": "New",
        "return": 0.139609,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-09",
        "end": "2025-05-23",
        "tenure": "New",
        "return": 0.074552,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-30",
        "end": "2025-08-22",
        "tenure": "Established",
        "return": 0.249437,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-29",
        "end": "2025-12-05",
        "tenure": "Established",
        "return": 0.074783,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-12",
        "end": "2025-12-26",
        "tenure": "New",
        "return": 0.061789,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-02",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": 0.055405,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-04-03",
        "tenure": "New",
        "return": 0.028533,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-10",
        "end": "2026-07-10",
        "tenure": "Established",
        "return": 0.103064,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-17",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.133584,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 101.849304,
        "volume": 3399566,
        "typical_volume": 4800074.1,
        "trend": 90.862937,
        "fair_value": 61.900832,
        "relative_strength": 18.714356,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.888648,
        "energy": 41.220526,
        "activity_lines": [
          105.466912,
          106.846426,
          101.392732,
          96.56133
        ]
      },
      {
        "date": "2023-08-25",
        "close": 102.654869,
        "volume": 4786365,
        "typical_volume": 4830606.2,
        "trend": 91.732423,
        "fair_value": 62.338255,
        "relative_strength": 17.799795,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.511297,
        "energy": 31.354406,
        "activity_lines": [
          104.023249,
          106.079692,
          102.097086,
          97.322099
        ]
      },
      {
        "date": "2023-09-01",
        "close": 114.788074,
        "volume": 17134292,
        "typical_volume": 5465044.05,
        "trend": 92.842035,
        "fair_value": 62.867573,
        "relative_strength": 27.138931,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 66.339624,
        "energy": 43.523999,
        "activity_lines": [
          107.227066,
          107.556267,
          103.856187,
          98.809561
        ]
      },
      {
        "date": "2023-09-08",
        "close": 106.742367,
        "volume": 5120303,
        "typical_volume": 5469280.4,
        "trend": 93.667587,
        "fair_value": 63.359247,
        "relative_strength": 18.714643,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.236995,
        "energy": 34.047804,
        "activity_lines": [
          107.313282,
          107.344734,
          104.698399,
          99.706356
        ]
      },
      {
        "date": "2023-09-15",
        "close": 105.47932,
        "volume": 5975711,
        "typical_volume": 5505896.8,
        "trend": 94.409065,
        "fair_value": 63.825693,
        "relative_strength": 16.513896,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.207114,
        "energy": 40.534279,
        "activity_lines": [
          107.059289,
          106.912947,
          105.284601,
          100.468404
        ]
      },
      {
        "date": "2023-09-22",
        "close": 107.010889,
        "volume": 4520234,
        "typical_volume": 5522101.45,
        "trend": 95.21715,
        "fair_value": 64.301832,
        "relative_strength": 20.684659,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.329224,
        "energy": 42.080236,
        "activity_lines": [
          107.295323,
          106.814747,
          105.883842,
          101.281425
        ]
      },
      {
        "date": "2023-09-29",
        "close": 126.195276,
        "volume": 13975467,
        "typical_volume": 6053834.9,
        "trend": 96.601837,
        "fair_value": 64.895112,
        "relative_strength": 41.54711,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 85.527315,
        "energy": 64.083496,
        "activity_lines": [
          113.582047,
          110.27562,
          108.165888,
          103.280013
        ]
      },
      {
        "date": "2023-10-06",
        "close": 129.238522,
        "volume": 8913974,
        "typical_volume": 6310414.3,
        "trend": 98.199158,
        "fair_value": 65.495351,
        "relative_strength": 42.506179,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.229145,
        "energy": 89.554613,
        "activity_lines": [
          119.313826,
          114.026277,
          110.513481,
          105.385606
        ]
      },
      {
        "date": "2023-10-13",
        "close": 135.235508,
        "volume": 9524290,
        "typical_volume": 6527208.9,
        "trend": 100.094002,
        "fair_value": 66.134408,
        "relative_strength": 46.472284,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.663631,
        "energy": 94.332961,
        "activity_lines": [
          126.081237,
          118.485734,
          113.214306,
          107.775048
        ]
      },
      {
        "date": "2023-10-20",
        "close": 124.335514,
        "volume": 9097359,
        "typical_volume": 6784479.5,
        "trend": 101.479574,
        "fair_value": 66.707171,
        "relative_strength": 36.40555,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.754059,
        "energy": 85.261594,
        "activity_lines": [
          127.315774,
          120.467354,
          114.666394,
          109.339016
        ]
      },
      {
        "date": "2023-10-27",
        "close": 121.879038,
        "volume": 8399867,
        "typical_volume": 7023264.2,
        "trend": 102.624749,
        "fair_value": 67.280501,
        "relative_strength": 35.593694,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.834397,
        "energy": 75.317332,
        "activity_lines": [
          126.474406,
          121.653913,
          115.729107,
          110.655111
        ]
      },
      {
        "date": "2023-11-03",
        "close": 127.697009,
        "volume": 7421879,
        "typical_volume": 6879414.1,
        "trend": 104.165061,
        "fair_value": 67.873556,
        "relative_strength": 32.788051,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.683415,
        "energy": 57.631036,
        "activity_lines": [
          126.581152,
          123.534108,
          117.21321,
          112.272676
        ]
      },
      {
        "date": "2023-11-10",
        "close": 127.557775,
        "volume": 5191739,
        "typical_volume": 6860406.9,
        "trend": 105.645135,
        "fair_value": 68.45411,
        "relative_strength": 29.482039,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.413829,
        "energy": 49.285022,
        "activity_lines": [
          126.541371,
          124.933676,
          118.574567,
          113.781883
        ]
      },
      {
        "date": "2023-11-17",
        "close": 130.749905,
        "volume": 6799578,
        "typical_volume": 6942532.4,
        "trend": 107.395423,
        "fair_value": 69.056888,
        "relative_strength": 28.470415,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.743999,
        "energy": 50.430611,
        "activity_lines": [
          127.677683,
          126.681455,
          120.120133,
          115.401546
        ]
      },
      {
        "date": "2023-11-24",
        "close": 130.530977,
        "volume": 3255892,
        "typical_volume": 6944980.15,
        "trend": 109.160255,
        "fair_value": 69.645937,
        "relative_strength": 25.808192,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.291789,
        "energy": 50.767907,
        "activity_lines": [
          129.040059,
          127.952928,
          121.532987,
          116.894162
        ]
      },
      {
        "date": "2023-12-01",
        "close": 116.340447,
        "volume": 18606565,
        "typical_volume": 7669917.15,
        "trend": 110.481191,
        "fair_value": 70.136728,
        "relative_strength": 10.497196,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 42.342402,
        "energy": 31.801151,
        "activity_lines": [
          125.259228,
          126.188819,
          121.489504,
          117.3574
        ]
      },
      {
        "date": "2023-12-08",
        "close": 118.420265,
        "volume": 9073104,
        "typical_volume": 7804717.8,
        "trend": 111.792031,
        "fair_value": 70.646698,
        "relative_strength": 11.509796,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.157396,
        "energy": 22.689699,
        "activity_lines": [
          122.540909,
          124.633232,
          121.618269,
          117.869599
        ]
      },
      {
        "date": "2023-12-15",
        "close": 132.2625,
        "volume": 39874160,
        "typical_volume": 9506339.3,
        "trend": 113.418193,
        "fair_value": 71.227731,
        "relative_strength": 20.623026,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.301817,
        "energy": 26.629752,
        "activity_lines": [
          125.055117,
          125.735778,
          123.033345,
          119.190274
        ]
      },
      {
        "date": "2023-12-22",
        "close": 127.257005,
        "volume": 7680413,
        "typical_volume": 9661121.4,
        "trend": 114.626741,
        "fair_value": 71.773911,
        "relative_strength": 14.180127,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.228446,
        "energy": 18.953342,
        "activity_lines": [
          125.587179,
          125.873253,
          123.857374,
          120.083101
        ]
      },
      {
        "date": "2023-12-29",
        "close": 126.779343,
        "volume": 4169216,
        "typical_volume": 9645998.7,
        "trend": 115.796179,
        "fair_value": 72.319167,
        "relative_strength": 12.552686,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.819348,
        "energy": 29.019196,
        "activity_lines": [
          126.192881,
          126.068944,
          124.543995,
          120.86714
        ]
      },
      {
        "date": "2024-01-05",
        "close": 126.152412,
        "volume": 8674008,
        "typical_volume": 9909720.8,
        "trend": 116.867536,
        "fair_value": 72.848268,
        "relative_strength": 12.91093,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.335385,
        "energy": 32.372767,
        "activity_lines": [
          126.839714,
          126.106214,
          125.068016,
          121.535284
        ]
      },
      {
        "date": "2024-01-12",
        "close": 127.515738,
        "volume": 7158669,
        "typical_volume": 10028336.0,
        "trend": 117.6279,
        "fair_value": 73.385228,
        "relative_strength": 11.394456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.195731,
        "energy": 30.366154,
        "activity_lines": [
          127.286858,
          126.313664,
          125.606148,
          122.222265
        ]
      },
      {
        "date": "2024-01-19",
        "close": 123.983033,
        "volume": 6202840,
        "typical_volume": 9481763.4,
        "trend": 118.34736,
        "fair_value": 73.895644,
        "relative_strength": 6.548435,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.295686,
        "energy": 24.602217,
        "activity_lines": [
          125.95007,
          125.882099,
          125.689447,
          122.632273
        ]
      },
      {
        "date": "2024-01-26",
        "close": 122.619707,
        "volume": 5024730,
        "typical_volume": 9476984.75,
        "trend": 118.85939,
        "fair_value": 74.42153,
        "relative_strength": 3.804091,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 21.827621,
        "energy": 11.400605,
        "activity_lines": [
          124.710803,
          125.267653,
          125.59912,
          122.907908
        ]
      },
      {
        "date": "2024-02-02",
        "close": 130.580733,
        "volume": 6027696,
        "typical_volume": 9479584.0,
        "trend": 119.595048,
        "fair_value": 74.978263,
        "relative_strength": 8.445446,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 55.079568,
        "energy": 25.163755,
        "activity_lines": [
          126.434365,
          126.248487,
          126.191379,
          123.664124
        ]
      },
      {
        "date": "2024-02-09",
        "close": 139.08908,
        "volume": 4814222,
        "typical_volume": 9494283.4,
        "trend": 120.534153,
        "fair_value": 75.588218,
        "relative_strength": 13.275142,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 69.544737,
        "energy": 43.002802,
        "activity_lines": [
          130.740617,
          128.77539,
          127.474427,
          124.921804
        ]
      },
      {
        "date": "2024-02-16",
        "close": 137.903289,
        "volume": 5470446,
        "typical_volume": 9069032.35,
        "trend": 121.407562,
        "fair_value": 76.19158,
        "relative_strength": 12.086098,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.94272,
        "energy": 61.654065,
        "activity_lines": [
          133.789161,
          130.673082,
          128.491789,
          126.042393
        ]
      },
      {
        "date": "2024-02-23",
        "close": 138.918894,
        "volume": 2947478,
        "typical_volume": 8770707.55,
        "trend": 122.429771,
        "fair_value": 76.810145,
        "relative_strength": 10.526296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.486707,
        "energy": 69.014521,
        "activity_lines": [
          136.483736,
          132.401193,
          129.550123,
          127.172156
        ]
      },
      {
        "date": "2024-03-01",
        "close": 146.545892,
        "volume": 5360675,
        "typical_volume": 8562526.8,
        "trend": 123.716152,
        "fair_value": 77.476404,
        "relative_strength": 14.805643,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.868898,
        "energy": 82.654169,
        "activity_lines": [
          140.72492,
          135.395005,
          131.28874,
          128.728035
        ]
      },
      {
        "date": "2024-03-08",
        "close": 150.5884,
        "volume": 6090417,
        "typical_volume": 8412179.7,
        "trend": 125.230036,
        "fair_value": 78.136765,
        "relative_strength": 17.503772,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.918453,
        "energy": 85.677131,
        "activity_lines": [
          144.718527,
          138.773112,
          133.358499,
          130.461728
        ]
      },
      {
        "date": "2024-03-15",
        "close": 122.619422,
        "volume": 14389129,
        "typical_volume": 8711642.8,
        "trend": 125.922373,
        "fair_value": 78.601207,
        "relative_strength": -4.53245,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.715529,
        "energy": 35.441647,
        "activity_lines": [
          138.055298,
          136.633058,
          132.639533,
          130.293302
        ]
      },
      {
        "date": "2024-03-22",
        "close": 130.624783,
        "volume": 8905832,
        "typical_volume": 8785840.45,
        "trend": 126.854704,
        "fair_value": 79.112746,
        "relative_strength": -0.811199,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.562074,
        "energy": 26.957283,
        "activity_lines": [
          135.158499,
          136.012761,
          132.679456,
          130.596683
        ]
      },
      {
        "date": "2024-03-29",
        "close": 133.372892,
        "volume": 4392893,
        "typical_volume": 8745898.15,
        "trend": 127.474198,
        "fair_value": 79.634026,
        "relative_strength": 0.623818,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 33.753439,
        "energy": 18.544464,
        "activity_lines": [
          133.66297,
          135.835592,
          132.967161,
          131.017211
        ]
      },
      {
        "date": "2024-04-05",
        "close": 139.864801,
        "volume": 5371417,
        "typical_volume": 8674490.1,
        "trend": 128.578279,
        "fair_value": 80.193961,
        "relative_strength": 5.921569,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.067364,
        "energy": 26.172196,
        "activity_lines": [
          134.701144,
          136.668045,
          133.845453,
          131.816605
        ]
      },
      {
        "date": "2024-04-12",
        "close": 133.492375,
        "volume": 5019312,
        "typical_volume": 8762661.1,
        "trend": 129.512047,
        "fair_value": 80.706747,
        "relative_strength": 2.157832,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 31.372545,
        "energy": 15.542474,
        "activity_lines": [
          134.060583,
          136.028328,
          134.073443,
          132.133644
        ]
      },
      {
        "date": "2024-04-19",
        "close": 118.238379,
        "volume": 6203118,
        "typical_volume": 8142488.75,
        "trend": 129.886297,
        "fair_value": 81.123075,
        "relative_strength": -6.971637,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.939973,
        "energy": 18.027142,
        "activity_lines": [
          129.475091,
          132.562218,
          132.83457,
          131.40631
        ]
      },
      {
        "date": "2024-04-26",
        "close": 117.760447,
        "volume": 9392350,
        "typical_volume": 8158451.05,
        "trend": 129.605136,
        "fair_value": 81.54774,
        "relative_strength": -10.021803,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -27.682443,
        "energy": 29.87956,
        "activity_lines": [
          125.022358,
          129.388315,
          131.541141,
          130.623997
        ]
      },
      {
        "date": "2024-05-03",
        "close": 116.714971,
        "volume": 6939885,
        "typical_volume": 6511737.3,
        "trend": 129.187684,
        "fair_value": 81.950522,
        "relative_strength": -11.6109,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.419028,
        "energy": 47.357748,
        "activity_lines": [
          121.078755,
          126.390559,
          130.151286,
          129.792374
        ]
      },
      {
        "date": "2024-05-10",
        "close": 117.441826,
        "volume": 5408000,
        "typical_volume": 6398116.65,
        "trend": 128.594562,
        "fair_value": 82.363054,
        "relative_strength": -12.889166,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.821919,
        "energy": 59.608052,
        "activity_lines": [
          118.487966,
          123.928666,
          128.90469,
          129.034576
        ]
      },
      {
        "date": "2024-05-17",
        "close": 114.602324,
        "volume": 8082251,
        "typical_volume": 6593768.4,
        "trend": 128.270122,
        "fair_value": 82.75486,
        "relative_strength": -16.465435,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -67.983231,
        "energy": 72.70638,
        "activity_lines": [
          116.445541,
          121.479665,
          127.434405,
          128.131851
        ]
      },
      {
        "date": "2024-05-24",
        "close": 119.165693,
        "volume": 8697883,
        "typical_volume": 6594962.15,
        "trend": 128.179677,
        "fair_value": 83.162607,
        "relative_strength": -13.171445,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.010894,
        "energy": 59.971055,
        "activity_lines": [
          117.183575,
          120.51466,
          126.456711,
          127.544469
        ]
      },
      {
        "date": "2024-05-31",
        "close": 118.468235,
        "volume": 5211610,
        "typical_volume": 6497609.2,
        "trend": 127.872051,
        "fair_value": 83.557303,
        "relative_strength": -13.387306,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.898139,
        "energy": 44.401018,
        "activity_lines": [
          117.627303,
          119.485639,
          125.445864,
          126.917924
        ]
      },
      {
        "date": "2024-06-07",
        "close": 113.466464,
        "volume": 4286671,
        "typical_volume": 6401800.75,
        "trend": 127.402341,
        "fair_value": 83.919431,
        "relative_strength": -18.018548,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.070481,
        "energy": 43.280315,
        "activity_lines": [
          116.356588,
          117.768234,
          124.001741,
          125.988531
        ]
      },
      {
        "date": "2024-06-14",
        "close": 119.046128,
        "volume": 4841962,
        "typical_volume": 6392662.35,
        "trend": 127.012215,
        "fair_value": 84.331396,
        "relative_strength": -15.241666,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.795922,
        "energy": 37.907825,
        "activity_lines": [
          117.162327,
          117.427248,
          123.139093,
          125.449421
        ]
      },
      {
        "date": "2024-06-21",
        "close": 112.77897,
        "volume": 15409531,
        "typical_volume": 6861754.1,
        "trend": 126.420482,
        "fair_value": 84.691893,
        "relative_strength": -20.023599,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.352616,
        "energy": 42.328374,
        "activity_lines": [
          115.772061,
          116.3253,
          121.69659,
          124.531147
        ]
      },
      {
        "date": "2024-06-28",
        "close": 108.394947,
        "volume": 14596598,
        "typical_volume": 7350872.9,
        "trend": 126.155632,
        "fair_value": 85.018421,
        "relative_strength": -22.826813,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.106936,
        "energy": 58.246411,
        "activity_lines": [
          113.042011,
          114.802864,
          119.921331,
          123.368209
        ]
      },
      {
        "date": "2024-07-05",
        "close": 108.165783,
        "volume": 6058985,
        "typical_volume": 7380299.85,
        "trend": 125.813816,
        "fair_value": 85.346571,
        "relative_strength": -24.120747,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.355842,
        "energy": 63.732466,
        "activity_lines": [
          110.953622,
          113.417733,
          118.27041,
          122.207574
        ]
      },
      {
        "date": "2024-07-12",
        "close": 114.512651,
        "volume": 5584926,
        "typical_volume": 7512172.25,
        "trend": 125.222154,
        "fair_value": 85.734458,
        "relative_strength": -20.161893,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.652212,
        "energy": 52.363364,
        "activity_lines": [
          111.667686,
          113.361027,
          117.365559,
          121.478466
        ]
      },
      {
        "date": "2024-07-19",
        "close": 110.138593,
        "volume": 5220611,
        "typical_volume": 7505169.05,
        "trend": 124.65154,
        "fair_value": 86.081248,
        "relative_strength": -21.378433,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.516113,
        "energy": 59.253521,
        "activity_lines": [
          110.853985,
          112.54908,
          116.160352,
          120.505333
        ]
      },
      {
        "date": "2024-07-26",
        "close": 109.979174,
        "volume": 8586443,
        "typical_volume": 7629970.35,
        "trend": 124.091535,
        "fair_value": 86.410612,
        "relative_strength": -20.607289,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.83087,
        "energy": 46.659861,
        "activity_lines": [
          110.580981,
          111.840934,
          115.11333,
          119.558729
        ]
      },
      {
        "date": "2024-08-02",
        "close": 99.258247,
        "volume": 9239508,
        "typical_volume": 7372489.3,
        "trend": 123.195062,
        "fair_value": 86.670433,
        "relative_strength": -26.468436,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.511014,
        "energy": 55.086471,
        "activity_lines": [
          106.920986,
          109.267585,
          113.238645,
          117.956582
        ]
      },
      {
        "date": "2024-08-09",
        "close": 101.759132,
        "volume": 7042264,
        "typical_volume": 7279310.9,
        "trend": 122.336509,
        "fair_value": 86.93972,
        "relative_strength": -24.350544,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.847062,
        "energy": 63.174057,
        "activity_lines": [
          104.703734,
          107.510897,
          111.713383,
          116.573618
        ]
      },
      {
        "date": "2024-08-16",
        "close": 106.042974,
        "volume": 4936776,
        "typical_volume": 7306505.05,
        "trend": 121.738507,
        "fair_value": 87.243102,
        "relative_strength": -23.935399,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.641768,
        "energy": 50.036475,
        "activity_lines": [
          104.341539,
          106.83689,
          110.733561,
          115.522423
        ]
      },
      {
        "date": "2024-08-23",
        "close": 108.196738,
        "volume": 4417738,
        "typical_volume": 7258821.1,
        "trend": 121.257741,
        "fair_value": 87.545317,
        "relative_strength": -23.211064,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.019451,
        "energy": 47.662325,
        "activity_lines": [
          105.26191,
          106.68945,
          110.089002,
          114.64876
        ]
      },
      {
        "date": "2024-08-30",
        "close": 108.964515,
        "volume": 6581653,
        "typical_volume": 7336938.15,
        "trend": 120.537201,
        "fair_value": 87.852076,
        "relative_strength": -22.494197,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.14368,
        "energy": 36.737274,
        "activity_lines": [
          106.567664,
          106.878867,
          109.668365,
          113.855649
        ]
      },
      {
        "date": "2024-09-06",
        "close": 100.748304,
        "volume": 5552364,
        "typical_volume": 7304400.45,
        "trend": 119.259175,
        "fair_value": 88.100291,
        "relative_strength": -24.918515,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.884586,
        "energy": 38.924057,
        "activity_lines": [
          105.202325,
          105.643782,
          108.582031,
          112.578946
        ]
      },
      {
        "date": "2024-09-13",
        "close": 105.594273,
        "volume": 8833081,
        "typical_volume": 7276437.0,
        "trend": 118.182208,
        "fair_value": 88.39252,
        "relative_strength": -24.029659,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.454377,
        "energy": 31.117676,
        "activity_lines": [
          105.352972,
          105.428811,
          108.040505,
          111.697339
        ]
      },
      {
        "date": "2024-09-20",
        "close": 113.631004,
        "volume": 11632038,
        "typical_volume": 7511044.65,
        "trend": 117.339278,
        "fair_value": 88.727929,
        "relative_strength": -19.06653,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -26.806145,
        "energy": 17.372139,
        "activity_lines": [
          107.926853,
          106.721819,
          108.322315,
          111.403713
        ]
      },
      {
        "date": "2024-09-27",
        "close": 121.986812,
        "volume": 10731462,
        "typical_volume": 7777217.75,
        "trend": 116.520642,
        "fair_value": 89.134651,
        "relative_strength": -13.024192,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 9.372548,
        "energy": 12.930395,
        "activity_lines": [
          112.780135,
          109.550095,
          109.414602,
          111.703554
        ]
      },
      {
        "date": "2024-10-04",
        "close": 121.308775,
        "volume": 7241690,
        "typical_volume": 7735189.7,
        "trend": 115.544654,
        "fair_value": 89.516749,
        "relative_strength": -13.100675,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 29.360725,
        "energy": 31.84921,
        "activity_lines": [
          116.488066,
          112.039669,
          110.420671,
          112.012466
        ]
      },
      {
        "date": "2024-10-11",
        "close": 123.871355,
        "volume": 5851781,
        "typical_volume": 7592884.6,
        "trend": 115.586386,
        "fair_value": 89.916853,
        "relative_strength": -11.549835,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 34.048883,
        "energy": 52.150589,
        "activity_lines": [
          120.227239,
          114.789174,
          111.63886,
          112.549672
        ]
      },
      {
        "date": "2024-10-18",
        "close": 125.935379,
        "volume": 5605606,
        "typical_volume": 7612584.4,
        "trend": 115.430072,
        "fair_value": 90.334862,
        "relative_strength": -10.248251,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.307657,
        "energy": 63.998731,
        "activity_lines": [
          123.112885,
          117.466445,
          113.031215,
          113.217349
        ]
      },
      {
        "date": "2024-10-25",
        "close": 124.359941,
        "volume": 5722802,
        "typical_volume": 7684390.95,
        "trend": 115.12964,
        "fair_value": 90.75326,
        "relative_strength": -9.900517,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.522652,
        "energy": 65.128444,
        "activity_lines": [
          124.11731,
          119.417705,
          114.23797,
          113.79347
        ]
      },
      {
        "date": "2024-11-01",
        "close": 127.301424,
        "volume": 6477697,
        "typical_volume": 7766177.7,
        "trend": 114.710861,
        "fair_value": 91.157221,
        "relative_strength": -5.909336,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 46.368814,
        "energy": 69.626047,
        "activity_lines": [
          125.386967,
          121.570744,
          115.672993,
          114.578746
        ]
      },
      {
        "date": "2024-11-08",
        "close": 135.358098,
        "volume": 6093439,
        "typical_volume": 7300373.1,
        "trend": 114.773052,
        "fair_value": 91.618323,
        "relative_strength": -3.971891,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 85.610034,
        "energy": 85.096765,
        "activity_lines": [
          128.987875,
          124.841274,
          117.836007,
          115.910826
        ]
      },
      {
        "date": "2024-11-15",
        "close": 127.96949,
        "volume": 5339228,
        "typical_volume": 6837504.6,
        "trend": 115.097422,
        "fair_value": 92.045662,
        "relative_strength": -6.710674,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.915957,
        "energy": 69.522494,
        "activity_lines": [
          129.189292,
          126.288539,
          119.187824,
          116.762209
        ]
      },
      {
        "date": "2024-11-22",
        "close": 130.823012,
        "volume": 5718441,
        "typical_volume": 6820477.4,
        "trend": 115.532841,
        "fair_value": 92.50546,
        "relative_strength": -5.644176,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.165005,
        "energy": 67.34197,
        "activity_lines": [
          130.068674,
          127.759694,
          120.718194,
          117.776763
        ]
      },
      {
        "date": "2024-11-29",
        "close": 135.522344,
        "volume": 4797053,
        "typical_volume": 6781083.75,
        "trend": 116.159754,
        "fair_value": 93.001075,
        "relative_strength": -3.141354,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.928706,
        "energy": 64.811553,
        "activity_lines": [
          132.188657,
          129.62657,
          122.588227,
          119.066409
        ]
      },
      {
        "date": "2024-12-06",
        "close": 135.332774,
        "volume": 4223476,
        "typical_volume": 6731227.0,
        "trend": 116.756118,
        "fair_value": 93.454931,
        "relative_strength": -3.809927,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.342038,
        "energy": 58.227438,
        "activity_lines": [
          133.501291,
          131.060954,
          124.34016,
          120.303378
        ]
      },
      {
        "date": "2024-12-13",
        "close": 134.823929,
        "volume": 4193671,
        "typical_volume": 6511588.4,
        "trend": 117.430172,
        "fair_value": 93.904387,
        "relative_strength": -3.106887,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.014674,
        "energy": 61.368218,
        "activity_lines": [
          134.108886,
          132.160166,
          125.923659,
          121.469043
        ]
      },
      {
        "date": "2024-12-20",
        "close": 144.671574,
        "volume": 17373588,
        "typical_volume": 6918292.4,
        "trend": 118.280368,
        "fair_value": 94.390213,
        "relative_strength": 6.15704,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.733112,
        "energy": 78.287189,
        "activity_lines": [
          138.034641,
          134.80413,
          128.326721,
          123.226553
        ]
      },
      {
        "date": "2024-12-27",
        "close": 145.58949,
        "volume": 3309756,
        "typical_volume": 6731667.0,
        "trend": 119.18441,
        "fair_value": 94.878508,
        "relative_strength": 6.363483,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.910739,
        "energy": 89.388298,
        "activity_lines": [
          141.152895,
          137.236802,
          130.600949,
          124.988432
        ]
      },
      {
        "date": "2025-01-03",
        "close": 149.321019,
        "volume": 4384695,
        "typical_volume": 6704062.95,
        "trend": 120.379562,
        "fair_value": 95.396858,
        "relative_strength": 9.844598,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.830119,
        "energy": 90.545682,
        "activity_lines": [
          144.530561,
          139.990585,
          133.021845,
          126.932729
        ]
      },
      {
        "date": "2025-01-10",
        "close": 153.531461,
        "volume": 5360317,
        "typical_volume": 6751191.9,
        "trend": 121.529073,
        "fair_value": 95.933723,
        "relative_strength": 15.233853,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.977132,
        "energy": 92.82499,
        "activity_lines": [
          148.391795,
          143.056066,
          135.63765,
          129.071561
        ]
      },
      {
        "date": "2025-01-17",
        "close": 162.53103,
        "volume": 7226346,
        "typical_volume": 6783426.55,
        "trend": 123.187475,
        "fair_value": 96.572553,
        "relative_strength": 18.383851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.426973,
        "energy": 94.703036,
        "activity_lines": [
          154.03964,
          147.280923,
          138.894677,
          131.716849
        ]
      },
      {
        "date": "2025-01-24",
        "close": 172.937406,
        "volume": 5819811,
        "typical_volume": 6796798.9,
        "trend": 125.33889,
        "fair_value": 97.303391,
        "relative_strength": 23.5044,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.945983,
        "energy": 95.797548,
        "activity_lines": [
          161.309137,
          152.903795,
          142.887708,
          134.926522
        ]
      },
      {
        "date": "2025-01-31",
        "close": 162.04214,
        "volume": 8175255,
        "typical_volume": 6763907.6,
        "trend": 127.134769,
        "fair_value": 97.958694,
        "relative_strength": 16.889248,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.982915,
        "energy": 79.273369,
        "activity_lines": [
          163.06249,
          155.72811,
          145.499338,
          137.294473
        ]
      },
      {
        "date": "2025-02-07",
        "close": 165.035345,
        "volume": 5467723,
        "typical_volume": 6455691.85,
        "trend": 128.818858,
        "fair_value": 98.633691,
        "relative_strength": 19.319847,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.704969,
        "energy": 67.831886,
        "activity_lines": [
          164.716735,
          158.529024,
          148.127235,
          139.739672
        ]
      },
      {
        "date": "2025-02-14",
        "close": 169.265741,
        "volume": 4283968,
        "typical_volume": 6133317.15,
        "trend": 130.789763,
        "fair_value": 99.341506,
        "relative_strength": 20.606074,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.504476,
        "energy": 69.440816,
        "activity_lines": [
          166.73349,
          161.562502,
          150.913245,
          142.349148
        ]
      },
      {
        "date": "2025-02-21",
        "close": 162.318072,
        "volume": 4022171,
        "typical_volume": 5972341.2,
        "trend": 132.534393,
        "fair_value": 100.006051,
        "relative_strength": 17.600988,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.578133,
        "energy": 62.602452,
        "activity_lines": [
          165.385403,
          162.715803,
          152.812434,
          144.383233
        ]
      },
      {
        "date": "2025-02-28",
        "close": 154.641878,
        "volume": 6733779,
        "typical_volume": 6016441.1,
        "trend": 134.380514,
        "fair_value": 100.650333,
        "relative_strength": 13.401939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.987965,
        "energy": 47.403675,
        "activity_lines": [
          161.492782,
          161.973539,
          153.785274,
          145.809522
        ]
      },
      {
        "date": "2025-03-07",
        "close": 139.698753,
        "volume": 7573260,
        "typical_volume": 6114823.8,
        "trend": 135.645168,
        "fair_value": 101.193443,
        "relative_strength": 6.185592,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 24.155436,
        "energy": 18.472837,
        "activity_lines": [
          153.838821,
          158.333066,
          153.188434,
          146.152634
        ]
      },
      {
        "date": "2025-03-14",
        "close": 135.68597,
        "volume": 6316556,
        "typical_volume": 6144511.5,
        "trend": 136.633268,
        "fair_value": 101.666179,
        "relative_strength": 5.5534,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.281832,
        "energy": 20.790611,
        "activity_lines": [
          146.336825,
          154.0701,
          152.143884,
          146.155266
        ]
      },
      {
        "date": "2025-03-21",
        "close": 144.959292,
        "volume": 11156713,
        "typical_volume": 6378462.3,
        "trend": 137.858687,
        "fair_value": 102.199879,
        "relative_strength": 12.16569,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.007686,
        "energy": 25.651193,
        "activity_lines": [
          143.882562,
          151.741102,
          151.928574,
          146.692429
        ]
      },
      {
        "date": "2025-03-28",
        "close": 135.745862,
        "volume": 7370072,
        "typical_volume": 6442293.95,
        "trend": 138.751398,
        "fair_value": 102.678635,
        "relative_strength": 6.734006,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -9.93042,
        "energy": 30.090488,
        "activity_lines": [
          139.977585,
          147.892793,
          150.751709,
          146.556118
        ]
      },
      {
        "date": "2025-04-04",
        "close": 116.670169,
        "volume": 9315496,
        "typical_volume": 6641107.35,
        "trend": 139.282127,
        "fair_value": 103.062219,
        "relative_strength": 1.24174,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -46.300739,
        "energy": 50.052947,
        "activity_lines": [
          131.485524,
          141.063179,
          147.756265,
          145.131523
        ]
      },
      {
        "date": "2025-04-11",
        "close": 131.703133,
        "volume": 12106315,
        "typical_volume": 6960501.05,
        "trend": 140.152422,
        "fair_value": 103.545778,
        "relative_strength": 8.316352,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.576615,
        "energy": 46.343147,
        "activity_lines": [
          130.535899,
          137.989871,
          146.246339,
          144.642555
        ]
      },
      {
        "date": "2025-04-18",
        "close": 134.797567,
        "volume": 4251981,
        "typical_volume": 6933247.45,
        "trend": 140.857975,
        "fair_value": 104.045943,
        "relative_strength": 12.311954,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.393381,
        "energy": 41.694063,
        "activity_lines": [
          131.150793,
          136.030807,
          145.026929,
          144.297081
        ]
      },
      {
        "date": "2025-04-25",
        "close": 146.65624,
        "volume": 5952954,
        "typical_volume": 7019721.35,
        "trend": 141.680289,
        "fair_value": 104.620415,
        "relative_strength": 16.504063,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -12.418746,
        "energy": 20.35474,
        "activity_lines": [
          135.777804,
          136.777643,
          144.940368,
          144.671162
        ]
      },
      {
        "date": "2025-05-02",
        "close": 150.090064,
        "volume": 4649695,
        "typical_volume": 7042522.55,
        "trend": 142.639665,
        "fair_value": 105.214619,
        "relative_strength": 15.513699,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 3.109681,
        "energy": 7.614387,
        "activity_lines": [
          141.436294,
          138.559892,
          145.126917,
          145.213728
        ]
      },
      {
        "date": "2025-05-09",
        "close": 153.703565,
        "volume": 4820354,
        "typical_volume": 6414860.85,
        "trend": 143.634072,
        "fair_value": 105.830973,
        "relative_strength": 18.365033,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.073954,
        "energy": 19.673053,
        "activity_lines": [
          147.343005,
          141.221469,
          145.584912,
          145.927528
        ]
      },
      {
        "date": "2025-05-16",
        "close": 167.569233,
        "volume": 5180824,
        "typical_volume": 6508414.25,
        "trend": 145.021867,
        "fair_value": 106.540776,
        "relative_strength": 21.918139,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 52.598311,
        "energy": 40.322358,
        "activity_lines": [
          155.402711,
          146.421136,
          147.320438,
          147.471732
        ]
      },
      {
        "date": "2025-05-23",
        "close": 165.162404,
        "volume": 4394888,
        "typical_volume": 6508923.9,
        "trend": 146.381949,
        "fair_value": 107.20642,
        "relative_strength": 22.713994,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 57.411267,
        "energy": 51.914072,
        "activity_lines": [
          160.269068,
          150.676462,
          148.722077,
          148.771122
        ]
      },
      {
        "date": "2025-05-30",
        "close": 167.788944,
        "volume": 4478130,
        "typical_volume": 6464814.55,
        "trend": 147.731533,
        "fair_value": 107.892262,
        "relative_strength": 21.91417,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.921619,
        "energy": 67.555742,
        "activity_lines": [
          163.986615,
          154.873406,
          150.298427,
          150.152218
        ]
      },
      {
        "date": "2025-06-06",
        "close": 176.387615,
        "volume": 5113583,
        "typical_volume": 6359176.4,
        "trend": 149.099184,
        "fair_value": 108.646479,
        "relative_strength": 25.259025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.400675,
        "energy": 77.588031,
        "activity_lines": [
          169.16154,
          160.21866,
          152.625806,
          152.000998
        ]
      },
      {
        "date": "2025-06-13",
        "close": 175.608642,
        "volume": 6738032,
        "typical_volume": 6405087.45,
        "trend": 150.687156,
        "fair_value": 109.432171,
        "relative_strength": 24.419478,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.754957,
        "energy": 76.045718,
        "activity_lines": [
          172.323636,
          164.683342,
          154.813013,
          153.711285
        ]
      },
      {
        "date": "2025-06-20",
        "close": 205.928696,
        "volume": 15074184,
        "typical_volume": 6750033.9,
        "trend": 153.190678,
        "fair_value": 110.405435,
        "relative_strength": 44.53226,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.538448,
        "energy": 89.694012,
        "activity_lines": [
          184.132079,
          173.589152,
          159.875124,
          157.275256
        ]
      },
      {
        "date": "2025-06-27",
        "close": 217.083999,
        "volume": 10274852,
        "typical_volume": 6990390.35,
        "trend": 155.9094,
        "fair_value": 111.472977,
        "relative_strength": 45.48343,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.822098,
        "energy": 96.027836,
        "activity_lines": [
          197.101659,
          183.173643,
          165.790661,
          161.397405
        ]
      },
      {
        "date": "2025-07-04",
        "close": 225.712631,
        "volume": 6406790,
        "typical_volume": 7096531.45,
        "trend": 158.922062,
        "fair_value": 112.589678,
        "relative_strength": 46.840477,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.038731,
        "energy": 96.762829,
        "activity_lines": [
          209.486009,
          192.83086,
          172.280122,
          165.90084
        ]
      },
      {
        "date": "2025-07-11",
        "close": 221.727881,
        "volume": 6217426,
        "typical_volume": 7206294.2,
        "trend": 161.818861,
        "fair_value": 113.673162,
        "relative_strength": 42.984597,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.531794,
        "energy": 92.698714,
        "activity_lines": [
          216.680531,
          200.326187,
          178.121288,
          169.952828
        ]
      },
      {
        "date": "2025-07-18",
        "close": 223.685302,
        "volume": 6314916,
        "typical_volume": 7185351.05,
        "trend": 164.452651,
        "fair_value": 114.759363,
        "relative_strength": 41.657099,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.995608,
        "energy": 90.643524,
        "activity_lines": [
          221.504841,
          206.874904,
          183.865971,
          173.944211
        ]
      },
      {
        "date": "2025-07-25",
        "close": 222.257184,
        "volume": 6408551,
        "typical_volume": 7127115.6,
        "trend": 167.008241,
        "fair_value": 115.807743,
        "relative_strength": 37.136537,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.396252,
        "energy": 88.228639,
        "activity_lines": [
          222.648002,
          211.891567,
          189.145865,
          177.673536
        ]
      },
      {
        "date": "2025-08-01",
        "close": 218.272433,
        "volume": 6346398,
        "typical_volume": 7128607.7,
        "trend": 169.306622,
        "fair_value": 116.81929,
        "relative_strength": 36.334682,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.392824,
        "energy": 66.407196,
        "activity_lines": [
          221.374347,
          215.189404,
          193.653124,
          180.980903
        ]
      },
      {
        "date": "2025-08-08",
        "close": 224.044828,
        "volume": 5946430,
        "typical_volume": 6868093.55,
        "trend": 171.657067,
        "fair_value": 117.859341,
        "relative_strength": 34.949183,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.539961,
        "energy": 66.133303,
        "activity_lines": [
          221.945594,
          218.571131,
          198.316865,
          184.5124
        ]
      },
      {
        "date": "2025-08-15",
        "close": 215.126578,
        "volume": 6747543,
        "typical_volume": 6836967.1,
        "trend": 173.410252,
        "fair_value": 118.837144,
        "relative_strength": 26.998388,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.589367,
        "energy": 60.285784,
        "activity_lines": [
          219.655278,
          219.308523,
          201.754651,
          187.316885
        ]
      },
      {
        "date": "2025-08-22",
        "close": 209.641764,
        "volume": 7127338,
        "typical_volume": 6727559.2,
        "trend": 174.633731,
        "fair_value": 119.786392,
        "relative_strength": 22.24098,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.277788,
        "energy": 48.326928,
        "activity_lines": [
          215.976778,
          218.344331,
          204.292071,
          189.654402
        ]
      },
      {
        "date": "2025-08-29",
        "close": 204.636497,
        "volume": 7431928,
        "typical_volume": 6493839.85,
        "trend": 176.053543,
        "fair_value": 120.731052,
        "relative_strength": 18.329932,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.919637,
        "energy": 37.251102,
        "activity_lines": [
          211.566091,
          215.851307,
          205.910077,
          191.590064
        ]
      },
      {
        "date": "2025-09-05",
        "close": 209.901519,
        "volume": 5412161,
        "typical_volume": 6551848.85,
        "trend": 177.549082,
        "fair_value": 121.690919,
        "relative_strength": 19.799003,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.704182,
        "energy": 27.583517,
        "activity_lines": [
          210.085124,
          214.339054,
          207.682212,
          193.773805
        ]
      },
      {
        "date": "2025-09-12",
        "close": 213.857778,
        "volume": 5129184,
        "typical_volume": 6510660.35,
        "trend": 179.035483,
        "fair_value": 122.690943,
        "relative_strength": 19.026597,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.646496,
        "energy": 25.019122,
        "activity_lines": [
          210.480971,
          213.676712,
          209.473496,
          196.116301
        ]
      },
      {
        "date": "2025-09-19",
        "close": 224.128066,
        "volume": 9491233,
        "typical_volume": 6752737.25,
        "trend": 181.095816,
        "fair_value": 123.770519,
        "relative_strength": 22.061629,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.237403,
        "energy": 36.937372,
        "activity_lines": [
          214.979384,
          215.097237,
          211.922894,
          199.0255
        ]
      },
      {
        "date": "2025-09-26",
        "close": 215.636096,
        "volume": 11880257,
        "typical_volume": 7105732.4,
        "trend": 183.128957,
        "fair_value": 124.786325,
        "relative_strength": 16.878582,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.757005,
        "energy": 36.315241,
        "activity_lines": [
          216.047041,
          214.930128,
          213.210972,
          201.253905
        ]
      },
      {
        "date": "2025-10-03",
        "close": 201.889095,
        "volume": 7740568,
        "typical_volume": 7233719.6,
        "trend": 185.201968,
        "fair_value": 125.698196,
        "relative_strength": 7.570477,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.680903,
        "energy": 21.817586,
        "activity_lines": [
          212.132742,
          212.409914,
          212.894895,
          202.464237
        ]
      },
      {
        "date": "2025-10-10",
        "close": 193.806738,
        "volume": 5933031,
        "typical_volume": 7310626.75,
        "trend": 187.139327,
        "fair_value": 126.566385,
        "relative_strength": 5.24348,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.813812,
        "energy": 6.682757,
        "activity_lines": [
          205.707485,
          208.790509,
          211.645642,
          203.019383
        ]
      },
      {
        "date": "2025-10-17",
        "close": 209.142237,
        "volume": 5339142,
        "typical_volume": 7353677.35,
        "trend": 189.278759,
        "fair_value": 127.509891,
        "relative_strength": 10.895863,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.349909,
        "energy": 13.912139,
        "activity_lines": [
          205.467045,
          208.404207,
          211.720511,
          204.438926
        ]
      },
      {
        "date": "2025-10-24",
        "close": 212.239308,
        "volume": 6714775,
        "typical_volume": 7433736.95,
        "trend": 191.82854,
        "fair_value": 128.455406,
        "relative_strength": 9.687634,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.606341,
        "energy": 13.688013,
        "activity_lines": [
          206.573333,
          208.851966,
          211.893418,
          205.920251
        ]
      },
      {
        "date": "2025-10-31",
        "close": 220.681325,
        "volume": 5786137,
        "typical_volume": 7386142.2,
        "trend": 195.295579,
        "fair_value": 129.463736,
        "relative_strength": 12.504723,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.435569,
        "energy": 17.605639,
        "activity_lines": [
          211.286209,
          210.887132,
          212.699605,
          207.781721
        ]
      },
      {
        "date": "2025-11-07",
        "close": 213.508108,
        "volume": 5730410,
        "typical_volume": 6918953.5,
        "trend": 198.022411,
        "fair_value": 130.412494,
        "relative_strength": 9.99086,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.721748,
        "energy": 21.167966,
        "activity_lines": [
          213.271665,
          211.417358,
          212.607997,
          208.956723
        ]
      },
      {
        "date": "2025-11-14",
        "close": 201.679294,
        "volume": 4980920,
        "typical_volume": 6654256.9,
        "trend": 200.251802,
        "fair_value": 131.264257,
        "relative_strength": 3.206491,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.478342,
        "energy": 12.717686,
        "activity_lines": [
          210.539582,
          209.635588,
          211.353742,
          209.192651
        ]
      },
      {
        "date": "2025-11-21",
        "close": 196.592603,
        "volume": 6000158,
        "typical_volume": 6633925.3,
        "trend": 201.916348,
        "fair_value": 132.075403,
        "relative_strength": 2.060026,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.39316,
        "energy": 4.377041,
        "activity_lines": [
          205.587098,
          207.078461,
          209.688396,
          208.956574
        ]
      },
      {
        "date": "2025-11-28",
        "close": 210.594954,
        "volume": 4721931,
        "typical_volume": 6559150.55,
        "trend": 203.933177,
        "fair_value": 132.96906,
        "relative_strength": 4.876499,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.456576,
        "energy": 8.67044,
        "activity_lines": [
          206.138707,
          207.381128,
          209.495274,
          209.516484
        ]
      },
      {
        "date": "2025-12-05",
        "close": 219.939849,
        "volume": 4913052,
        "typical_volume": 6489057.35,
        "trend": 206.141053,
        "fair_value": 133.924527,
        "relative_strength": 8.485484,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.571254,
        "energy": 13.558629,
        "activity_lines": [
          209.914904,
          209.628923,
          210.245157,
          210.549172
        ]
      },
      {
        "date": "2025-12-12",
        "close": 222.248587,
        "volume": 6589379,
        "typical_volume": 6498098.75,
        "trend": 207.963699,
        "fair_value": 134.910052,
        "relative_strength": 9.542648,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 42.852464,
        "energy": 22.352532,
        "activity_lines": [
          214.510113,
          212.218238,
          211.232754,
          211.588368
        ]
      },
      {
        "date": "2025-12-19",
        "close": 226.496267,
        "volume": 13001137,
        "typical_volume": 6830835.7,
        "trend": 210.008161,
        "fair_value": 135.923188,
        "relative_strength": 10.892842,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.177882,
        "energy": 36.666564,
        "activity_lines": [
          219.938516,
          215.209687,
          212.624934,
          212.784018
        ]
      },
      {
        "date": "2025-12-26",
        "close": 235.981085,
        "volume": 3277025,
        "typical_volume": 6697365.45,
        "trend": 212.281232,
        "fair_value": 137.002274,
        "relative_strength": 13.225603,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 68.28598,
        "energy": 61.83645,
        "activity_lines": [
          226.87406,
          219.331293,
          214.881268,
          214.45969
        ]
      },
      {
        "date": "2026-01-02",
        "close": 240.258749,
        "volume": 2870763,
        "typical_volume": 6503526.45,
        "trend": 214.41027,
        "fair_value": 138.110179,
        "relative_strength": 15.771439,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.352554,
        "energy": 70.387428,
        "activity_lines": [
          232.609594,
          223.742676,
          217.48816,
          216.264691
        ]
      },
      {
        "date": "2026-01-09",
        "close": 226.026523,
        "volume": 6247617,
        "typical_volume": 6459540.4,
        "trend": 216.090866,
        "fair_value": 139.065308,
        "relative_strength": 6.810385,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.546336,
        "energy": 59.60249,
        "activity_lines": [
          231.623466,
          225.056938,
          218.619924,
          217.014127
        ]
      },
      {
        "date": "2026-01-16",
        "close": 251.152797,
        "volume": 6895152,
        "typical_volume": 6432701.6,
        "trend": 217.598336,
        "fair_value": 140.170312,
        "relative_strength": 18.440485,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.637773,
        "energy": 67.97684,
        "activity_lines": [
          238.606984,
          230.842428,
          222.066644,
          219.276187
        ]
      },
      {
        "date": "2026-01-23",
        "close": 243.007247,
        "volume": 3969016,
        "typical_volume": 6360544.35,
        "trend": 218.462444,
        "fair_value": 141.237215,
        "relative_strength": 14.53765,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.889606,
        "energy": 57.559705,
        "activity_lines": [
          240.948372,
          234.46246,
          224.516092,
          220.915472
        ]
      },
      {
        "date": "2026-01-30",
        "close": 237.060496,
        "volume": 4757230,
        "typical_volume": 6341946.65,
        "trend": 218.840706,
        "fair_value": 142.2344,
        "relative_strength": 10.806481,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.655147,
        "energy": 40.962697,
        "activity_lines": [
          240.206777,
          236.249848,
          226.241536,
          222.115346
        ]
      },
      {
        "date": "2026-02-06",
        "close": 258.108997,
        "volume": 5462918,
        "typical_volume": 6140530.9,
        "trend": 220.05341,
        "fair_value": 143.363459,
        "relative_strength": 20.16465,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.888663,
        "energy": 61.859095,
        "activity_lines": [
          246.409388,
          241.128455,
          229.86111,
          224.648784
        ]
      },
      {
        "date": "2026-02-13",
        "close": 254.441001,
        "volume": 4939388,
        "typical_volume": 5793487.45,
        "trend": 221.0786,
        "fair_value": 144.460933,
        "relative_strength": 19.316904,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.736443,
        "energy": 55.393808,
        "activity_lines": [
          250.199318,
          244.476263,
          232.969537,
          226.867338
        ]
      },
      {
        "date": "2026-02-20",
        "close": 271.026195,
        "volume": 4654442,
        "typical_volume": 5639181.15,
        "trend": 222.704234,
        "fair_value": 145.667714,
        "relative_strength": 24.762751,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.895189,
        "energy": 67.073837,
        "activity_lines": [
          257.623347,
          250.212266,
          237.472721,
          230.089764
        ]
      },
      {
        "date": "2026-02-27",
        "close": 264.927631,
        "volume": 6021198,
        "typical_volume": 5643589.5,
        "trend": 224.259407,
        "fair_value": 146.82331,
        "relative_strength": 21.654498,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.186982,
        "energy": 68.583014,
        "activity_lines": [
          261.689629,
          253.952575,
          241.065865,
          232.813854
        ]
      },
      {
        "date": "2026-03-06",
        "close": 241.033256,
        "volume": 5693886,
        "typical_volume": 5661326.7,
        "trend": 224.825688,
        "fair_value": 147.84712,
        "relative_strength": 12.154385,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.322005,
        "energy": 42.905198,
        "activity_lines": [
          256.329759,
          252.649699,
          242.044683,
          233.896038
        ]
      },
      {
        "date": "2026-03-13",
        "close": 250.591006,
        "volume": 5877399,
        "typical_volume": 5619457.9,
        "trend": 226.007836,
        "fair_value": 148.950972,
        "relative_strength": 17.428108,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.569778,
        "energy": 36.970056,
        "activity_lines": [
          253.890956,
          252.992738,
          243.781901,
          235.558316
        ]
      },
      {
        "date": "2026-03-20",
        "close": 253.570305,
        "volume": 10230953,
        "typical_volume": 5841698.7,
        "trend": 227.47212,
        "fair_value": 150.045856,
        "relative_strength": 20.066515,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.580342,
        "energy": 25.720712,
        "activity_lines": [
          252.946452,
          253.689609,
          245.620235,
          237.33654
        ]
      },
      {
        "date": "2026-03-27",
        "close": 261.038547,
        "volume": 5453065,
        "typical_volume": 5827831.45,
        "trend": 229.352189,
        "fair_value": 151.15813,
        "relative_strength": 25.208376,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.564902,
        "energy": 24.237005,
        "activity_lines": [
          254.549408,
          255.243546,
          248.013216,
          239.502116
        ]
      },
      {
        "date": "2026-04-03",
        "close": 268.486793,
        "volume": 3722924,
        "typical_volume": 5764931.65,
        "trend": 231.305031,
        "fair_value": 152.356843,
        "relative_strength": 23.244527,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.934978,
        "energy": 34.423912,
        "activity_lines": [
          259.300956,
          257.971969,
          250.889219,
          242.026929
        ]
      },
      {
        "date": "2026-04-10",
        "close": 299.429509,
        "volume": 4925027,
        "typical_volume": 5711175.1,
        "trend": 234.157422,
        "fair_value": 153.743214,
        "relative_strength": 31.215727,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.307499,
        "energy": 61.431314,
        "activity_lines": [
          274.129465,
          265.863076,
          256.394015,
          246.422057
        ]
      },
      {
        "date": "2026-04-17",
        "close": 321.614286,
        "volume": 5115785,
        "typical_volume": 5730867.8,
        "trend": 237.406963,
        "fair_value": 155.303298,
        "relative_strength": 33.368022,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.453133,
        "energy": 83.571987,
        "activity_lines": [
          292.459816,
          276.653796,
          263.521948,
          252.064435
        ]
      },
      {
        "date": "2026-04-24",
        "close": 341.569588,
        "volume": 5246656,
        "typical_volume": 5747548.0,
        "trend": 241.604746,
        "fair_value": 156.9955,
        "relative_strength": 39.24091,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.743359,
        "energy": 92.732636,
        "activity_lines": [
          312.70705,
          289.918112,
          272.021723,
          258.784605
        ]
      },
      {
        "date": "2026-05-01",
        "close": 342.389395,
        "volume": 5860553,
        "typical_volume": 5711106.7,
        "trend": 246.288089,
        "fair_value": 158.698558,
        "relative_strength": 36.689953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.897107,
        "energy": 92.503749,
        "activity_lines": [
          327.360933,
          301.747327,
          280.020385,
          265.28684
        ]
      },
      {
        "date": "2026-05-08",
        "close": 355.066411,
        "volume": 8256307,
        "typical_volume": 5473865.2,
        "trend": 251.663412,
        "fair_value": 160.467605,
        "relative_strength": 36.929977,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.44002,
        "energy": 92.479316,
        "activity_lines": [
          340.817099,
          314.583941,
          288.654282,
          272.304796
        ]
      },
      {
        "date": "2026-05-15",
        "close": 339.82,
        "volume": 5587766,
        "typical_volume": 5589402.25,
        "trend": 256.019337,
        "fair_value": 162.110825,
        "relative_strength": 29.538974,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.580397,
        "energy": 85.793085,
        "activity_lines": [
          343.419153,
          323.009594,
          295.223902,
          277.992318
        ]
      },
      {
        "date": "2026-05-22",
        "close": 364.35,
        "volume": 5706215,
        "typical_volume": 5731174.85,
        "trend": 261.089693,
        "fair_value": 163.863065,
        "relative_strength": 36.20725,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.631666,
        "energy": 78.491149,
        "activity_lines": [
          351.505174,
          334.099124,
          303.635242,
          284.981393
        ]
      },
      {
        "date": "2026-05-29",
        "close": 364.56,
        "volume": 4589250,
        "typical_volume": 5648256.5,
        "trend": 265.885649,
        "fair_value": 165.612192,
        "relative_strength": 32.950464,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.298442,
        "energy": 67.576389,
        "activity_lines": [
          356.812148,
          343.158491,
          311.47567,
          291.656897
        ]
      },
      {
        "date": "2026-06-05",
        "close": 353.24,
        "volume": 6441909,
        "typical_volume": 5625594.35,
        "trend": 270.543379,
        "fair_value": 167.273912,
        "relative_strength": 30.870746,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.276251,
        "energy": 60.080925,
        "activity_lines": [
          356.813094,
          348.141681,
          317.578321,
          297.292661
        ]
      },
      {
        "date": "2026-06-12",
        "close": 384.82,
        "volume": 5055412,
        "typical_volume": 5679914.15,
        "trend": 276.648069,
        "fair_value": 169.069522,
        "relative_strength": 40.134015,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.615566,
        "energy": 64.841519,
        "activity_lines": [
          366.617333,
          357.1903,
          326.20246,
          304.665347
        ]
      },
      {
        "date": "2026-06-19",
        "close": 371.88,
        "volume": 8507183,
        "typical_volume": 5867411.8,
        "trend": 282.490982,
        "fair_value": 170.796963,
        "relative_strength": 33.156182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.356967,
        "energy": 56.138995,
        "activity_lines": [
          370.124667,
          361.771042,
          332.91892,
          310.809342
        ]
      },
      {
        "date": "2026-06-26",
        "close": 358.6,
        "volume": 11189046,
        "typical_volume": 6153718.2,
        "trend": 287.424484,
        "fair_value": 172.408124,
        "relative_strength": 30.620957,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.309092,
        "energy": 50.311491,
        "activity_lines": [
          367.068,
          362.619957,
          337.728621,
          315.719601
        ]
      },
      {
        "date": "2026-07-03",
        "close": 341.3,
        "volume": 5616048,
        "typical_volume": 6187551.2,
        "trend": 291.469822,
        "fair_value": 173.900362,
        "relative_strength": 21.106574,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.699643,
        "energy": 38.499887,
        "activity_lines": [
          358.628,
          359.650949,
          340.412173,
          319.195441
        ]
      },
      {
        "date": "2026-07-10",
        "close": 330.29,
        "volume": 6172739,
        "typical_volume": 6263466.05,
        "trend": 295.071203,
        "fair_value": 175.306606,
        "relative_strength": 15.164343,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.522127,
        "energy": 24.555,
        "activity_lines": [
          348.068667,
          354.685026,
          341.63354,
          321.699969
        ]
      },
      {
        "date": "2026-07-17",
        "close": 301.01,
        "volume": 5799720,
        "typical_volume": 6252392.15,
        "trend": 297.554994,
        "fair_value": 176.520125,
        "relative_strength": 6.361366,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.271712,
        "energy": 18.533711,
        "activity_lines": [
          329.279333,
          344.615455,
          339.784127,
          322.083117
        ]
      },
      {
        "date": "2026-07-24",
        "close": 312.59,
        "volume": 4384934,
        "typical_volume": 6186944.55,
        "trend": 300.108624,
        "fair_value": 177.82998,
        "relative_strength": 10.711661,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.83662,
        "energy": 18.51536,
        "activity_lines": [
          319.937333,
          337.634182,
          338.865751,
          323.053117
        ]
      },
      {
        "date": "2026-07-31",
        "close": 315.05,
        "volume": 6244103,
        "typical_volume": 6205279.75,
        "trend": 302.601666,
        "fair_value": 179.157515,
        "relative_strength": 10.003339,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.200029,
        "energy": 19.413009,
        "activity_lines": [
          315.368,
          331.595273,
          337.840913,
          324.017077
        ]
      },
      {
        "date": "2026-08-07",
        "close": 341.22,
        "volume": 5115601,
        "typical_volume": 5949512.15,
        "trend": 306.441449,
        "fair_value": 180.670644,
        "relative_strength": 14.606421,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.733694,
        "energy": 16.036675,
        "activity_lines": [
          322.425333,
          331.210909,
          339.001509,
          326.508582
        ]
      }
    ],
    "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."
    }
  }
}