{
  "ticker": {
    "uuid": "fe2d7303-8a33-42c1-8be8-6ad4d226a64b",
    "symbol": "NDIV",
    "name": "AMPLIFY ENERGY & NATURAL RESOURCES COVERED CALL ETF",
    "exchange": "NYSEARCA",
    "country": "US",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 49.892,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 20.698,
    "architecture_energy": 19.796,
    "architecture_maturity": 41.883,
    "architecture_confidence": 56.397,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 50.97,
        "rotation_up": 51.99,
        "upward_expansion": 53.86,
        "deceleration": 61.76,
        "rotation_down": 11.43,
        "downward_expansion": 22.86
      },
      "activity_lines": [
        33.425221,
        33.0014,
        33.344528,
        33.37399
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 33.3168,
    "trend_reference": 32.863556,
    "distance_from_trend": 0.013792,
    "trend_direction": "Improving",
    "fair_value": 26.690272,
    "distance_from_fair_value": 0.248275,
    "fair_value_direction": "Weakening",
    "relative_strength": -1.239115,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.099808,
    "excess_performance": -0.025817,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.013792,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.07491,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.248275,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.096145,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.012391,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.094486,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.099808,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.688689,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 44165,
      "relative_activity": 0.553084,
      "balance": 0.688689,
      "dry_up": 0.674564,
      "accumulation_observations": 0,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.041097,
      "annualized_volatility": 0.177984,
      "from_high_reference": -0.090988,
      "from_low_reference": 0.336305
    },
    "levels": {
      "trend_reference": 32.863556,
      "fair_value_reference": 26.690272,
      "structural_low": 30.119531,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 5,
        "median_return": -0.015086,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.021622,
        "regime_survival": 0.6,
        "best_return": 0.041381,
        "worst_return": -0.057523,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.04661,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.012873,
        "regime_survival": 0.0,
        "best_return": 0.075598,
        "worst_return": 0.017622,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.134002,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.057601,
        "regime_survival": 0.0,
        "best_return": 0.28537,
        "worst_return": -0.017365,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.072802,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.032161,
        "regime_survival": 0.0,
        "best_return": 0.072802,
        "worst_return": 0.072802,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-18",
        "end": "2025-03-28",
        "tenure": "Established",
        "return": 0.037253,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-11",
        "tenure": "New",
        "return": -0.000784,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.052737,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-13",
        "end": "2025-06-20",
        "tenure": "New",
        "return": -0.011375,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-27",
        "end": "2025-07-11",
        "tenure": "New",
        "return": 0.066174,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-18",
        "end": "2025-08-08",
        "tenure": "New",
        "return": -0.037887,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-15",
        "end": "2025-08-29",
        "tenure": "New",
        "return": 0.050528,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-05",
        "end": "2025-10-17",
        "tenure": "Developing",
        "return": -0.061075,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-24",
        "end": "2025-10-31",
        "tenure": "New",
        "return": -0.030984,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-07",
        "end": "2025-12-05",
        "tenure": "Developing",
        "return": 0.053371,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-12",
        "end": "2026-01-16",
        "tenure": "Developing",
        "return": 0.045669,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-01-23",
        "end": "2026-01-30",
        "tenure": "New",
        "return": 0.026031,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-02-06",
        "end": "2026-06-05",
        "tenure": "Established",
        "return": 0.100223,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-12",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.02104,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 22.138736,
        "volume": 25322,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 22.127234,
        "volume": 22396,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 22.871947,
        "volume": 9543,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 22.713978,
        "volume": 13306,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 22.956343,
        "volume": 23576,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 22.346529,
        "volume": 42265,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 22.481791,
        "volume": 14999,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-06",
        "close": 21.617822,
        "volume": 12964,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 22.695292,
        "volume": 10921,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 22.711423,
        "volume": 10928,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 22.145027,
        "volume": 18436,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 22.897407,
        "volume": 21432,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 22.222455,
        "volume": 17132,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 22.885096,
        "volume": 15905,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 23.041396,
        "volume": 11393,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 23.434691,
        "volume": 13851,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 22.873547,
        "volume": 67105,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 23.260054,
        "volume": 21246,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 23.833069,
        "volume": 20103,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 23.733735,
        "volume": 11503,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 23.725564,
        "volume": 45277,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 23.270214,
        "volume": 95195,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 22.618757,
        "volume": 19650,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 23.231939,
        "volume": 18800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 22.85681,
        "volume": 10129,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 22.58322,
        "volume": 15263,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 23.310027,
        "volume": 18237,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 23.46666,
        "volume": 8107,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 23.744121,
        "volume": 11615,
        "typical_volume": 23565.35,
        "trend": 22.876247,
        "fair_value": 21.398312,
        "relative_strength": -7.122531,
        "stage": 3,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 57.349689,
        "energy": 32.70249,
        "activity_lines": [
          23.369372,
          23.235909,
          23.21593,
          23.069974
        ]
      },
      {
        "date": "2024-03-08",
        "close": 23.994067,
        "volume": 12107,
        "typical_volume": 23624.3,
        "trend": 22.926298,
        "fair_value": 21.430359,
        "relative_strength": -5.715631,
        "stage": 3,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 65.483767,
        "energy": 58.339825,
        "activity_lines": [
          23.636672,
          23.370448,
          23.301816,
          23.142092
        ]
      },
      {
        "date": "2024-03-15",
        "close": 24.398829,
        "volume": 18441,
        "typical_volume": 23624.55,
        "trend": 23.001635,
        "fair_value": 21.466559,
        "relative_strength": -4.016633,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.979463,
        "energy": 75.301384,
        "activity_lines": [
          23.963075,
          23.573846,
          23.420143,
          23.237094
        ]
      },
      {
        "date": "2024-03-22",
        "close": 24.846856,
        "volume": 27753,
        "typical_volume": 23940.6,
        "trend": 23.092289,
        "fair_value": 21.507286,
        "relative_strength": -4.321462,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.85748,
        "energy": 83.940181,
        "activity_lines": [
          24.31778,
          23.846463,
          23.570407,
          23.35614
        ]
      },
      {
        "date": "2024-03-29",
        "close": 25.452695,
        "volume": 12718,
        "typical_volume": 23719.9,
        "trend": 23.178314,
        "fair_value": 21.554255,
        "relative_strength": -2.270038,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.271199,
        "energy": 90.304757,
        "activity_lines": [
          24.771976,
          24.200566,
          23.769087,
          23.508425
        ]
      },
      {
        "date": "2024-04-05",
        "close": 26.023116,
        "volume": 32745,
        "typical_volume": 24561.9,
        "trend": 23.288618,
        "fair_value": 21.60683,
        "relative_strength": 0.827547,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.193536,
        "energy": 94.19571,
        "activity_lines": [
          25.28391,
          24.606855,
          24.006711,
          23.69196
        ]
      },
      {
        "date": "2024-04-12",
        "close": 25.632125,
        "volume": 33783,
        "typical_volume": 25681.4,
        "trend": 23.377811,
        "fair_value": 21.653636,
        "relative_strength": 0.883085,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.964481,
        "energy": 88.937534,
        "activity_lines": [
          25.513581,
          24.891307,
          24.192154,
          23.843154
        ]
      },
      {
        "date": "2024-04-19",
        "close": 25.431041,
        "volume": 18195,
        "typical_volume": 25898.6,
        "trend": 23.480628,
        "fair_value": 21.697054,
        "relative_strength": 3.235171,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.38259,
        "energy": 84.372969,
        "activity_lines": [
          25.56702,
          25.088738,
          24.34611,
          23.975621
        ]
      },
      {
        "date": "2024-04-26",
        "close": 25.689273,
        "volume": 21796,
        "typical_volume": 23633.15,
        "trend": 23.587544,
        "fair_value": 21.74242,
        "relative_strength": 1.591856,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.232368,
        "energy": 68.776285,
        "activity_lines": [
          25.637722,
          25.281341,
          24.515153,
          24.118114
        ]
      },
      {
        "date": "2024-05-03",
        "close": 25.43485,
        "volume": 20080,
        "typical_volume": 23574.85,
        "trend": 23.714779,
        "fair_value": 21.783908,
        "relative_strength": -0.004282,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.916838,
        "energy": 54.720416,
        "activity_lines": [
          25.567455,
          25.384427,
          24.646557,
          24.237295
        ]
      },
      {
        "date": "2024-05-10",
        "close": 26.038886,
        "volume": 21228,
        "typical_volume": 23631.1,
        "trend": 23.826232,
        "fair_value": 21.831186,
        "relative_strength": 0.47454,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.315183,
        "energy": 56.399594,
        "activity_lines": [
          25.699724,
          25.561552,
          24.825132,
          24.387237
        ]
      },
      {
        "date": "2024-05-17",
        "close": 26.066609,
        "volume": 9906,
        "typical_volume": 23551.25,
        "trend": 23.938071,
        "fair_value": 21.877729,
        "relative_strength": -1.049021,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.105186,
        "energy": 57.43811,
        "activity_lines": [
          25.840182,
          25.701995,
          24.995844,
          24.531778
        ]
      },
      {
        "date": "2024-05-24",
        "close": 25.566185,
        "volume": 9660,
        "typical_volume": 21770.4,
        "trend": 24.05211,
        "fair_value": 21.917821,
        "relative_strength": -2.945022,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.613448,
        "energy": 48.633058,
        "activity_lines": [
          25.784866,
          25.713769,
          25.107787,
          24.636817
        ]
      },
      {
        "date": "2024-05-31",
        "close": 25.880192,
        "volume": 5922,
        "typical_volume": 17306.75,
        "trend": 24.151536,
        "fair_value": 21.960427,
        "relative_strength": -1.391968,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.455047,
        "energy": 49.118842,
        "activity_lines": [
          25.82521,
          25.761411,
          25.24087,
          24.754758
        ]
      },
      {
        "date": "2024-06-07",
        "close": 25.280012,
        "volume": 9697,
        "typical_volume": 16809.1,
        "trend": 24.253455,
        "fair_value": 21.995742,
        "relative_strength": -4.810003,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.986121,
        "energy": 34.813814,
        "activity_lines": [
          25.652766,
          25.681141,
          25.304365,
          24.827563
        ]
      },
      {
        "date": "2024-06-14",
        "close": 24.749036,
        "volume": 32107,
        "typical_volume": 17474.45,
        "trend": 24.315586,
        "fair_value": 22.024724,
        "relative_strength": -8.206008,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 32.765738,
        "energy": 19.460171,
        "activity_lines": [
          25.313652,
          25.507469,
          25.304619,
          24.859536
        ]
      },
      {
        "date": "2024-06-21",
        "close": 25.026646,
        "volume": 17999,
        "typical_volume": 17867.95,
        "trend": 24.381761,
        "fair_value": 22.055994,
        "relative_strength": -7.701912,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.000271,
        "energy": 20.604449,
        "activity_lines": [
          25.153065,
          25.407437,
          25.324087,
          24.905411
        ]
      },
      {
        "date": "2024-06-28",
        "close": 25.475265,
        "volume": 9105,
        "typical_volume": 17560.05,
        "trend": 24.44978,
        "fair_value": 22.091244,
        "relative_strength": -5.940191,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.90193,
        "energy": 21.930682,
        "activity_lines": [
          25.211349,
          25.399981,
          25.375948,
          24.97596
        ]
      },
      {
        "date": "2024-07-05",
        "close": 25.52433,
        "volume": 28756,
        "typical_volume": 18086.0,
        "trend": 24.538139,
        "fair_value": 22.126275,
        "relative_strength": -7.429654,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.769162,
        "energy": 17.28739,
        "activity_lines": [
          25.292049,
          25.400642,
          25.418711,
          25.045285
        ]
      },
      {
        "date": "2024-07-12",
        "close": 25.721209,
        "volume": 9920,
        "typical_volume": 18176.65,
        "trend": 24.620178,
        "fair_value": 22.162588,
        "relative_strength": -7.522791,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.153279,
        "energy": 25.939612,
        "activity_lines": [
          25.462099,
          25.440098,
          25.469679,
          25.121612
        ]
      },
      {
        "date": "2024-07-19",
        "close": 26.062271,
        "volume": 17163,
        "typical_volume": 18454.05,
        "trend": 24.694485,
        "fair_value": 22.201585,
        "relative_strength": -4.357036,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 55.42652,
        "energy": 43.591199,
        "activity_lines": [
          25.716424,
          25.536359,
          25.542394,
          25.214651
        ]
      },
      {
        "date": "2024-07-26",
        "close": 25.827398,
        "volume": 21760,
        "typical_volume": 18936.7,
        "trend": 24.764273,
        "fair_value": 22.237484,
        "relative_strength": -4.357356,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.276937,
        "energy": 51.911752,
        "activity_lines": [
          25.804908,
          25.58949,
          25.581701,
          25.287742
        ]
      },
      {
        "date": "2024-08-02",
        "close": 24.872174,
        "volume": 127240,
        "typical_volume": 24376.65,
        "trend": 24.802494,
        "fair_value": 22.263314,
        "relative_strength": -5.76518,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 24.028109,
        "energy": 18.676057,
        "activity_lines": [
          25.521602,
          25.473294,
          25.521304,
          25.294703
        ]
      },
      {
        "date": "2024-08-09",
        "close": 25.013995,
        "volume": 15917,
        "typical_volume": 23784.85,
        "trend": 24.86062,
        "fair_value": 22.29002,
        "relative_strength": -5.087247,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.932961,
        "energy": 5.671581,
        "activity_lines": [
          25.325774,
          25.395502,
          25.47216,
          25.308349
        ]
      },
      {
        "date": "2024-08-16",
        "close": 25.669093,
        "volume": 9808,
        "typical_volume": 23639.35,
        "trend": 24.962298,
        "fair_value": 22.322511,
        "relative_strength": -6.160714,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.040875,
        "energy": 13.771104,
        "activity_lines": [
          25.382336,
          25.452567,
          25.48461,
          25.360508
        ]
      },
      {
        "date": "2024-08-23",
        "close": 25.849082,
        "volume": 3469,
        "typical_volume": 22175.55,
        "trend": 25.049536,
        "fair_value": 22.356097,
        "relative_strength": -6.634818,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 40.033084,
        "energy": 18.720093,
        "activity_lines": [
          25.502368,
          25.535283,
          25.513172,
          25.41772
        ]
      },
      {
        "date": "2024-08-30",
        "close": 26.087785,
        "volume": 10487,
        "typical_volume": 21010.75,
        "trend": 25.157235,
        "fair_value": 22.391302,
        "relative_strength": -5.843355,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 57.764753,
        "energy": 29.480559,
        "activity_lines": [
          25.71618,
          25.641399,
          25.565295,
          25.484704
        ]
      },
      {
        "date": "2024-09-06",
        "close": 25.023807,
        "volume": 11564,
        "typical_volume": 20679.2,
        "trend": 25.238588,
        "fair_value": 22.415905,
        "relative_strength": -5.586633,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.341942,
        "energy": 16.028152,
        "activity_lines": [
          25.557973,
          25.534772,
          25.513918,
          25.476096
        ]
      },
      {
        "date": "2024-09-13",
        "close": 25.268069,
        "volume": 15890,
        "typical_volume": 20383.9,
        "trend": 25.303856,
        "fair_value": 22.442314,
        "relative_strength": -8.072382,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.358809,
        "energy": 6.993001,
        "activity_lines": [
          25.471079,
          25.480763,
          25.487744,
          25.477998
        ]
      },
      {
        "date": "2024-09-20",
        "close": 25.467659,
        "volume": 7692,
        "typical_volume": 19764.5,
        "trend": 25.370556,
        "fair_value": 22.470069,
        "relative_strength": -8.363979,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.973353,
        "energy": 4.821657,
        "activity_lines": [
          25.433776,
          25.467703,
          25.482583,
          25.488565
        ]
      },
      {
        "date": "2024-09-27",
        "close": 25.621321,
        "volume": 7405,
        "typical_volume": 19073.35,
        "trend": 25.433129,
        "fair_value": 22.498717,
        "relative_strength": -8.024194,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 11.316737,
        "energy": 9.275869,
        "activity_lines": [
          25.461123,
          25.487192,
          25.491901,
          25.504744
        ]
      },
      {
        "date": "2024-10-04",
        "close": 26.482964,
        "volume": 11249,
        "typical_volume": 19140.5,
        "trend": 25.516092,
        "fair_value": 22.534611,
        "relative_strength": -5.002053,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 61.874459,
        "energy": 36.413849,
        "activity_lines": [
          25.790868,
          25.67136,
          25.585268,
          25.572475
        ]
      },
      {
        "date": "2024-10-11",
        "close": 26.387864,
        "volume": 19138,
        "typical_volume": 19614.4,
        "trend": 25.582394,
        "fair_value": 22.569015,
        "relative_strength": -6.132438,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 59.044859,
        "energy": 53.46671,
        "activity_lines": [
          26.062568,
          25.826318,
          25.667596,
          25.628718
        ]
      },
      {
        "date": "2024-10-18",
        "close": 25.891549,
        "volume": 12878,
        "typical_volume": 19962.2,
        "trend": 25.617217,
        "fair_value": 22.598418,
        "relative_strength": -8.310535,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.060938,
        "energy": 50.654832,
        "activity_lines": [
          26.077893,
          25.863479,
          25.698742,
          25.648664
        ]
      },
      {
        "date": "2024-10-25",
        "close": 25.658733,
        "volume": 4552,
        "typical_volume": 19704.95,
        "trend": 25.624085,
        "fair_value": 22.625263,
        "relative_strength": -7.88483,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.540178,
        "energy": 45.646157,
        "activity_lines": [
          25.974047,
          25.842355,
          25.707662,
          25.651342
        ]
      },
      {
        "date": "2024-11-01",
        "close": 25.095878,
        "volume": 9854,
        "typical_volume": 18592.3,
        "trend": 25.593177,
        "fair_value": 22.646746,
        "relative_strength": -8.297174,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 15.147437,
        "energy": 7.102622,
        "activity_lines": [
          25.669844,
          25.719081,
          25.661173,
          25.617265
        ]
      },
      {
        "date": "2024-11-08",
        "close": 25.890949,
        "volume": 7219,
        "typical_volume": 18053.3,
        "trend": 25.601804,
        "fair_value": 22.674714,
        "relative_strength": -9.400944,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 33.35907,
        "energy": 17.916133,
        "activity_lines": [
          25.665695,
          25.75406,
          25.688753,
          25.636476
        ]
      },
      {
        "date": "2024-11-15",
        "close": 26.060813,
        "volume": 15178,
        "typical_volume": 18356.95,
        "trend": 25.622797,
        "fair_value": 22.703655,
        "relative_strength": -6.60801,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 38.686765,
        "energy": 19.036307,
        "activity_lines": [
          25.757634,
          25.823503,
          25.728396,
          25.666089
        ]
      },
      {
        "date": "2024-11-22",
        "close": 27.041247,
        "volume": 14220,
        "typical_volume": 17630.15,
        "trend": 25.667862,
        "fair_value": 22.740414,
        "relative_strength": -4.455757,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.403948,
        "energy": 45.277915,
        "activity_lines": [
          26.198188,
          26.052351,
          25.858624,
          25.757602
        ]
      },
      {
        "date": "2024-11-29",
        "close": 26.917811,
        "volume": 20851,
        "typical_volume": 18176.7,
        "trend": 25.717294,
        "fair_value": 22.775518,
        "relative_strength": -5.733663,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.353948,
        "energy": 68.557484,
        "activity_lines": [
          26.520951,
          26.226517,
          25.969873,
          25.838244
        ]
      },
      {
        "date": "2024-12-06",
        "close": 26.050812,
        "volume": 17805,
        "typical_volume": 18208.8,
        "trend": 25.717692,
        "fair_value": 22.802812,
        "relative_strength": -9.282673,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.323456,
        "energy": 63.164226,
        "activity_lines": [
          26.470775,
          26.216681,
          25.992853,
          25.859761
        ]
      },
      {
        "date": "2024-12-13",
        "close": 25.77928,
        "volume": 6118,
        "typical_volume": 17426.7,
        "trend": 25.708114,
        "fair_value": 22.827411,
        "relative_strength": -9.421898,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.140417,
        "energy": 49.019734,
        "activity_lines": [
          26.266426,
          26.149666,
          25.990028,
          25.863735
        ]
      },
      {
        "date": "2024-12-20",
        "close": 24.592055,
        "volume": 25563,
        "typical_volume": 12342.85,
        "trend": 25.675643,
        "fair_value": 22.841875,
        "relative_strength": -11.640445,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -18.740226,
        "energy": 15.351773,
        "activity_lines": [
          25.67378,
          25.879586,
          25.874362,
          25.791731
        ]
      },
      {
        "date": "2024-12-27",
        "close": 24.828649,
        "volume": 10796,
        "typical_volume": 12086.8,
        "trend": 25.640592,
        "fair_value": 22.858028,
        "relative_strength": -11.047715,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -29.256944,
        "energy": 33.827445,
        "activity_lines": [
          25.257916,
          25.685175,
          25.782563,
          25.737086
        ]
      },
      {
        "date": "2025-01-03",
        "close": 25.737454,
        "volume": 9547,
        "typical_volume": 12073.75,
        "trend": 25.65584,
        "fair_value": 22.881249,
        "relative_strength": -7.014943,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -17.129053,
        "energy": 28.836914,
        "activity_lines": [
          25.292494,
          25.675326,
          25.778199,
          25.743335
        ]
      },
      {
        "date": "2025-01-10",
        "close": 26.006318,
        "volume": 15817,
        "typical_volume": 12691.15,
        "trend": 25.697749,
        "fair_value": 22.90625,
        "relative_strength": -4.005423,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -6.772171,
        "energy": 19.638323,
        "activity_lines": [
          25.495383,
          25.71293,
          25.799117,
          25.765947
        ]
      },
      {
        "date": "2025-01-17",
        "close": 27.183509,
        "volume": 30169,
        "typical_volume": 13675.25,
        "trend": 25.769645,
        "fair_value": 22.940196,
        "relative_strength": -2.449502,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.648297,
        "energy": 32.124718,
        "activity_lines": [
          26.093635,
          25.948015,
          25.931398,
          25.861802
        ]
      },
      {
        "date": "2025-01-24",
        "close": 27.074215,
        "volume": 28050,
        "typical_volume": 14499.55,
        "trend": 25.822943,
        "fair_value": 22.972748,
        "relative_strength": -4.354484,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.339422,
        "energy": 50.74351,
        "activity_lines": [
          26.561841,
          26.139728,
          26.048053,
          25.945968
        ]
      },
      {
        "date": "2025-01-31",
        "close": 26.516666,
        "volume": 19340,
        "typical_volume": 14672.05,
        "trend": 25.856021,
        "fair_value": 23.000434,
        "relative_strength": -5.258561,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.630523,
        "energy": 54.563033,
        "activity_lines": [
          26.67872,
          26.211643,
          26.101845,
          25.990724
        ]
      },
      {
        "date": "2025-02-07",
        "close": 26.598188,
        "volume": 8592,
        "typical_volume": 14717.05,
        "trend": 25.885254,
        "fair_value": 23.028324,
        "relative_strength": -4.747539,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.111842,
        "energy": 60.887534,
        "activity_lines": [
          26.710239,
          26.307918,
          26.157454,
          26.038606
        ]
      },
      {
        "date": "2025-02-14",
        "close": 26.771571,
        "volume": 14753,
        "typical_volume": 15084.45,
        "trend": 25.908897,
        "fair_value": 23.057118,
        "relative_strength": -5.399545,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.572806,
        "energy": 57.746621,
        "activity_lines": [
          26.74217,
          26.441528,
          26.224193,
          26.095788
        ]
      },
      {
        "date": "2025-02-21",
        "close": 26.795817,
        "volume": 6377,
        "typical_volume": 14840.85,
        "trend": 25.941178,
        "fair_value": 23.085658,
        "relative_strength": -3.688256,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.014457,
        "energy": 36.729738,
        "activity_lines": [
          26.731165,
          26.566442,
          26.287764,
          26.153008
        ]
      },
      {
        "date": "2025-02-28",
        "close": 26.459326,
        "volume": 9668,
        "typical_volume": 14367.35,
        "trend": 25.994083,
        "fair_value": 23.111216,
        "relative_strength": -3.881671,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.446837,
        "energy": 30.700573,
        "activity_lines": [
          26.633844,
          26.611693,
          26.317798,
          26.186437
        ]
      },
      {
        "date": "2025-03-07",
        "close": 25.713475,
        "volume": 15589,
        "typical_volume": 14502.9,
        "trend": 26.017399,
        "fair_value": 23.130782,
        "relative_strength": -3.515673,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 19.463423,
        "energy": 10.924537,
        "activity_lines": [
          26.328897,
          26.487385,
          26.276458,
          26.168334
        ]
      },
      {
        "date": "2025-03-14",
        "close": 26.373104,
        "volume": 10230,
        "typical_volume": 14786.8,
        "trend": 26.040866,
        "fair_value": 23.154978,
        "relative_strength": 1.326039,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 30.289042,
        "energy": 16.089616,
        "activity_lines": [
          26.297374,
          26.466921,
          26.298788,
          26.191282
        ]
      },
      {
        "date": "2025-03-21",
        "close": 27.002858,
        "volume": 25676,
        "typical_volume": 15577.9,
        "trend": 26.079325,
        "fair_value": 23.183481,
        "relative_strength": 3.237039,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.640774,
        "energy": 20.823068,
        "activity_lines": [
          26.490773,
          26.549401,
          26.377693,
          26.253346
        ]
      },
      {
        "date": "2025-03-28",
        "close": 26.856077,
        "volume": 13057,
        "typical_volume": 15869.8,
        "trend": 26.104935,
        "fair_value": 23.210486,
        "relative_strength": 4.254149,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.223847,
        "energy": 23.849977,
        "activity_lines": [
          26.619827,
          26.587074,
          26.433538,
          26.303459
        ]
      },
      {
        "date": "2025-04-04",
        "close": 23.562417,
        "volume": 18520,
        "typical_volume": 16036.9,
        "trend": 26.056222,
        "fair_value": 23.213054,
        "relative_strength": 0.763926,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -38.690895,
        "energy": 33.976968,
        "activity_lines": [
          25.646977,
          26.031854,
          26.171105,
          26.139426
        ]
      },
      {
        "date": "2025-04-11",
        "close": 23.543951,
        "volume": 24701,
        "typical_volume": 16560.95,
        "trend": 25.998751,
        "fair_value": 23.215452,
        "relative_strength": -4.45274,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -78.887955,
        "energy": 72.586413,
        "activity_lines": [
          24.861098,
          25.537127,
          25.91881,
          25.977344
        ]
      },
      {
        "date": "2025-04-18",
        "close": 24.499743,
        "volume": 9712,
        "typical_volume": 16004.0,
        "trend": 25.966487,
        "fair_value": 23.224692,
        "relative_strength": 1.078734,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.733476,
        "energy": 72.412253,
        "activity_lines": [
          24.538452,
          25.270229,
          25.774197,
          25.880634
        ]
      },
      {
        "date": "2025-04-25",
        "close": 24.859827,
        "volume": 12845,
        "typical_volume": 15756.0,
        "trend": 25.941104,
        "fair_value": 23.236371,
        "relative_strength": -1.700948,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.3553,
        "energy": 72.787348,
        "activity_lines": [
          24.460725,
          25.106955,
          25.675393,
          25.809236
        ]
      },
      {
        "date": "2025-05-02",
        "close": 24.902983,
        "volume": 16317,
        "typical_volume": 16265.95,
        "trend": 25.888438,
        "fair_value": 23.248191,
        "relative_strength": -4.072399,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.188785,
        "energy": 64.360827,
        "activity_lines": [
          24.540251,
          24.986287,
          25.58637,
          25.742261
        ]
      },
      {
        "date": "2025-05-09",
        "close": 24.838083,
        "volume": 15168,
        "typical_volume": 15746.2,
        "trend": 25.836779,
        "fair_value": 23.259388,
        "relative_strength": -3.644467,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.926408,
        "energy": 36.783968,
        "activity_lines": [
          24.728351,
          24.888234,
          25.495339,
          25.674496
        ]
      },
      {
        "date": "2025-05-16",
        "close": 25.848666,
        "volume": 9976,
        "typical_volume": 15705.2,
        "trend": 25.835349,
        "fair_value": 23.277494,
        "relative_strength": -4.507614,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.219244,
        "energy": 17.202409,
        "activity_lines": [
          25.168267,
          25.0034,
          25.499382,
          25.675263
        ]
      },
      {
        "date": "2025-05-23",
        "close": 24.912254,
        "volume": 18652,
        "typical_volume": 16160.45,
        "trend": 25.810467,
        "fair_value": 23.288847,
        "relative_strength": -5.333727,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.274847,
        "energy": 17.58791,
        "activity_lines": [
          25.142398,
          24.945851,
          25.409386,
          25.615709
        ]
      },
      {
        "date": "2025-05-30",
        "close": 24.848722,
        "volume": 10425,
        "typical_volume": 15890.85,
        "trend": 25.802228,
        "fair_value": 23.299605,
        "relative_strength": -6.925214,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.709867,
        "energy": 17.309961,
        "activity_lines": [
          25.067852,
          24.903312,
          25.317269,
          25.55366
        ]
      },
      {
        "date": "2025-06-06",
        "close": 25.791794,
        "volume": 8883,
        "typical_volume": 14826.55,
        "trend": 25.798923,
        "fair_value": 23.316674,
        "relative_strength": -4.767088,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -24.45344,
        "energy": 15.013032,
        "activity_lines": [
          25.308402,
          25.071407,
          25.32048,
          25.552987
        ]
      },
      {
        "date": "2025-06-13",
        "close": 27.157568,
        "volume": 34061,
        "typical_volume": 15127.1,
        "trend": 25.835481,
        "fair_value": 23.342803,
        "relative_strength": 0.664665,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.051962,
        "energy": 20.073358,
        "activity_lines": [
          25.944957,
          25.507175,
          25.460393,
          25.640642
        ]
      },
      {
        "date": "2025-06-20",
        "close": 26.848641,
        "volume": 9435,
        "typical_volume": 14631.85,
        "trend": 25.829061,
        "fair_value": 23.366491,
        "relative_strength": -0.263015,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 25.062094,
        "energy": 30.270509,
        "activity_lines": [
          26.323904,
          25.821408,
          25.570487,
          25.706007
        ]
      },
      {
        "date": "2025-06-27",
        "close": 26.161379,
        "volume": 17381,
        "typical_volume": 15071.3,
        "trend": 25.803847,
        "fair_value": 23.385249,
        "relative_strength": -5.882856,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 15.273167,
        "energy": 30.084156,
        "activity_lines": [
          26.407098,
          25.950599,
          25.613546,
          25.727447
        ]
      },
      {
        "date": "2025-07-04",
        "close": 27.1808,
        "volume": 12457,
        "typical_volume": 14956.5,
        "trend": 25.841513,
        "fair_value": 23.410552,
        "relative_strength": -3.718339,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.677088,
        "energy": 53.331668,
        "activity_lines": [
          26.746825,
          26.234928,
          25.755774,
          25.816283
        ]
      },
      {
        "date": "2025-07-11",
        "close": 27.892571,
        "volume": 57497,
        "typical_volume": 17512.5,
        "trend": 25.911956,
        "fair_value": 23.440235,
        "relative_strength": -0.849564,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 78.10369,
        "energy": 74.391149,
        "activity_lines": [
          27.168336,
          26.60647,
          25.96384,
          25.948609
        ]
      },
      {
        "date": "2025-07-18",
        "close": 26.853968,
        "volume": 12081,
        "typical_volume": 17633.15,
        "trend": 25.987353,
        "fair_value": 23.462693,
        "relative_strength": -4.930133,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.845879,
        "energy": 59.87551,
        "activity_lines": [
          27.103595,
          26.73482,
          26.067769,
          26.009384
        ]
      },
      {
        "date": "2025-07-25",
        "close": 27.109689,
        "volume": 9178,
        "typical_volume": 17312.6,
        "trend": 26.063388,
        "fair_value": 23.48653,
        "relative_strength": -5.237222,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.720059,
        "energy": 58.934485,
        "activity_lines": [
          27.144334,
          26.873011,
          26.194174,
          26.081793
        ]
      },
      {
        "date": "2025-08-01",
        "close": 25.897909,
        "volume": 9077,
        "typical_volume": 17254.95,
        "trend": 26.068736,
        "fair_value": 23.502188,
        "relative_strength": -7.010665,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.211463,
        "energy": 26.629673,
        "activity_lines": [
          26.763743,
          26.767951,
          26.198522,
          26.071117
        ]
      },
      {
        "date": "2025-08-08",
        "close": 25.836548,
        "volume": 22444,
        "typical_volume": 17093.35,
        "trend": 26.063077,
        "fair_value": 23.517249,
        "relative_strength": -9.210342,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -0.312085,
        "energy": 7.587784,
        "activity_lines": [
          26.380263,
          26.633814,
          26.199289,
          26.056137
        ]
      },
      {
        "date": "2025-08-15",
        "close": 26.305637,
        "volume": 9136,
        "typical_volume": 16897.3,
        "trend": 26.033815,
        "fair_value": 23.535123,
        "relative_strength": -8.224155,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 27.057294,
        "energy": 19.020397,
        "activity_lines": [
          26.242763,
          26.567004,
          26.250285,
          26.071786
        ]
      },
      {
        "date": "2025-08-22",
        "close": 27.211772,
        "volume": 10108,
        "typical_volume": 16476.7,
        "trend": 26.0384,
        "fair_value": 23.579815,
        "relative_strength": -5.158302,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 40.919398,
        "energy": 22.762949,
        "activity_lines": [
          26.513104,
          26.655605,
          26.3902,
          26.147783
        ]
      },
      {
        "date": "2025-08-29",
        "close": 27.634821,
        "volume": 385427,
        "typical_volume": 34513.0,
        "trend": 26.075672,
        "fair_value": 23.63402,
        "relative_strength": -3.477408,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 60.647399,
        "energy": 31.659392,
        "activity_lines": [
          26.900607,
          26.820137,
          26.553028,
          26.250778
        ]
      },
      {
        "date": "2025-09-05",
        "close": 27.08521,
        "volume": 10439,
        "typical_volume": 34549.35,
        "trend": 26.091906,
        "fair_value": 23.681759,
        "relative_strength": -5.510943,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.110305,
        "energy": 41.211986,
        "activity_lines": [
          27.069898,
          26.870447,
          26.644032,
          26.315909
        ]
      },
      {
        "date": "2025-09-12",
        "close": 27.230515,
        "volume": 20012,
        "typical_volume": 34907.7,
        "trend": 26.107204,
        "fair_value": 23.736136,
        "relative_strength": -6.306887,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.934003,
        "energy": 51.995034,
        "activity_lines": [
          27.208471,
          26.930378,
          26.736563,
          26.389368
        ]
      },
      {
        "date": "2025-09-19",
        "close": 26.848665,
        "volume": 15370,
        "typical_volume": 34860.35,
        "trend": 26.108966,
        "fair_value": 23.796872,
        "relative_strength": -8.553316,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.988862,
        "energy": 42.110974,
        "activity_lines": [
          27.126829,
          26.919978,
          26.781438,
          26.437204
        ]
      },
      {
        "date": "2025-09-26",
        "close": 27.532447,
        "volume": 40546,
        "typical_volume": 36129.25,
        "trend": 26.144736,
        "fair_value": 23.860096,
        "relative_strength": -5.803349,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.283326,
        "energy": 38.198972,
        "activity_lines": [
          27.236912,
          27.052882,
          26.88217,
          26.529042
        ]
      },
      {
        "date": "2025-10-03",
        "close": 27.221749,
        "volume": 412166,
        "typical_volume": 56238.75,
        "trend": 26.195012,
        "fair_value": 23.912215,
        "relative_strength": -7.649426,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.461411,
        "energy": 30.727958,
        "activity_lines": [
          27.222051,
          27.11696,
          26.940482,
          26.598526
        ]
      },
      {
        "date": "2025-10-10",
        "close": 25.363034,
        "volume": 56744,
        "typical_volume": 58143.35,
        "trend": 26.161343,
        "fair_value": 23.956005,
        "relative_strength": -11.542254,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 7.236013,
        "energy": 8.272947,
        "activity_lines": [
          26.615157,
          26.841052,
          26.815234,
          26.54485
        ]
      },
      {
        "date": "2025-10-17",
        "close": 25.43097,
        "volume": 42952,
        "typical_volume": 59769.7,
        "trend": 26.108947,
        "fair_value": 23.991802,
        "relative_strength": -12.572406,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": -6.019423,
        "energy": 16.39887,
        "activity_lines": [
          26.145719,
          26.587221,
          26.69431,
          26.497729
        ]
      },
      {
        "date": "2025-10-24",
        "close": 26.583606,
        "volume": 43898,
        "typical_volume": 61520.45,
        "trend": 26.099865,
        "fair_value": 24.036279,
        "relative_strength": -10.124249,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.000992,
        "energy": 18.425272,
        "activity_lines": [
          26.180464,
          26.550335,
          26.680388,
          26.528353
        ]
      },
      {
        "date": "2025-10-31",
        "close": 25.759937,
        "volume": 35101,
        "typical_volume": 61572.45,
        "trend": 26.173115,
        "fair_value": 24.071658,
        "relative_strength": -13.266813,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -21.292266,
        "energy": 28.584827,
        "activity_lines": [
          25.958322,
          26.358636,
          26.584251,
          26.506422
        ]
      },
      {
        "date": "2025-11-07",
        "close": 25.396139,
        "volume": 30506,
        "typical_volume": 62626.0,
        "trend": 26.234855,
        "fair_value": 24.09836,
        "relative_strength": -12.849155,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.802329,
        "energy": 44.048167,
        "activity_lines": [
          25.733082,
          26.12719,
          26.460122,
          26.456294
        ]
      },
      {
        "date": "2025-11-14",
        "close": 25.813988,
        "volume": 26671,
        "typical_volume": 63090.5,
        "trend": 26.278663,
        "fair_value": 24.131574,
        "relative_strength": -11.282043,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.956335,
        "energy": 29.331375,
        "activity_lines": [
          25.768833,
          26.012419,
          26.382705,
          26.429142
        ]
      },
      {
        "date": "2025-11-21",
        "close": 25.293651,
        "volume": 20075,
        "typical_volume": 63471.4,
        "trend": 26.293124,
        "fair_value": 24.158634,
        "relative_strength": -11.069472,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.056123,
        "energy": 43.909363,
        "activity_lines": [
          25.601074,
          25.826155,
          26.257386,
          26.365592
        ]
      },
      {
        "date": "2025-11-28",
        "close": 26.332199,
        "volume": 228111,
        "typical_volume": 72002.1,
        "trend": 26.340764,
        "fair_value": 24.190468,
        "relative_strength": -10.451537,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.304354,
        "energy": 21.447979,
        "activity_lines": [
          25.788652,
          25.863933,
          26.239963,
          26.368113
        ]
      },
      {
        "date": "2025-12-05",
        "close": 26.751563,
        "volume": 55605,
        "typical_volume": 74178.3,
        "trend": 26.404547,
        "fair_value": 24.231491,
        "relative_strength": -9.153325,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -25.993404,
        "energy": 12.704682,
        "activity_lines": [
          26.132779,
          25.987349,
          26.26991,
          26.394616
        ]
      },
      {
        "date": "2025-12-12",
        "close": 26.553395,
        "volume": 45288,
        "typical_volume": 75983.8,
        "trend": 26.428038,
        "fair_value": 24.273961,
        "relative_strength": -9.134189,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.764141,
        "energy": 15.050604,
        "activity_lines": [
          26.344741,
          26.088933,
          26.281471,
          26.40422
        ]
      },
      {
        "date": "2025-12-19",
        "close": 25.450762,
        "volume": 58778,
        "typical_volume": 78468.85,
        "trend": 26.445988,
        "fair_value": 24.304822,
        "relative_strength": -12.829482,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.606776,
        "energy": 21.379025,
        "activity_lines": [
          26.112009,
          26.00219,
          26.190669,
          26.34117
        ]
      },
      {
        "date": "2025-12-26",
        "close": 25.646732,
        "volume": 28691,
        "typical_volume": 78781.2,
        "trend": 26.472589,
        "fair_value": 24.337513,
        "relative_strength": -13.198082,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.779204,
        "energy": 17.497174,
        "activity_lines": [
          25.968815,
          25.949483,
          26.120659,
          26.289605
        ]
      },
      {
        "date": "2026-01-02",
        "close": 26.362738,
        "volume": 30670,
        "typical_volume": 79857.9,
        "trend": 26.49162,
        "fair_value": 24.370902,
        "relative_strength": -9.622977,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.903441,
        "energy": 14.478308,
        "activity_lines": [
          26.04075,
          26.023036,
          26.119745,
          26.282517
        ]
      },
      {
        "date": "2026-01-09",
        "close": 26.862688,
        "volume": 30257,
        "typical_volume": 80865.35,
        "trend": 26.481791,
        "fair_value": 24.400917,
        "relative_strength": -9.084123,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.611458,
        "energy": 3.688299,
        "activity_lines": [
          26.2773,
          26.191505,
          26.166173,
          26.306457
        ]
      },
      {
        "date": "2026-01-16",
        "close": 27.766059,
        "volume": 67437,
        "typical_volume": 64965.85,
        "trend": 26.512371,
        "fair_value": 24.435774,
        "relative_strength": -5.448195,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.342644,
        "energy": 34.998956,
        "activity_lines": [
          26.807566,
          26.504173,
          26.300298,
          26.389313
        ]
      },
      {
        "date": "2026-01-23",
        "close": 28.593283,
        "volume": 40666,
        "typical_volume": 66477.2,
        "trend": 26.593435,
        "fair_value": 24.47565,
        "relative_strength": -2.129801,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 43.678181,
        "energy": 62.048854,
        "activity_lines": [
          27.532728,
          26.924155,
          26.512582,
          26.523566
        ]
      },
      {
        "date": "2026-01-30",
        "close": 29.337581,
        "volume": 61184,
        "typical_volume": 68535.8,
        "trend": 26.665328,
        "fair_value": 24.525194,
        "relative_strength": 0.119183,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 86.361449,
        "energy": 87.788143,
        "activity_lines": [
          28.296489,
          27.428933,
          26.78857,
          26.700607
        ]
      },
      {
        "date": "2026-02-06",
        "close": 30.293297,
        "volume": 52860,
        "typical_volume": 70410.3,
        "trend": 26.745352,
        "fair_value": 24.580805,
        "relative_strength": 3.626471,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.343585,
        "energy": 95.74815,
        "activity_lines": [
          29.132764,
          28.03395,
          27.145545,
          26.93467
        ]
      },
      {
        "date": "2026-02-13",
        "close": 31.191091,
        "volume": 30447,
        "typical_volume": 69905.35,
        "trend": 26.889923,
        "fair_value": 24.64756,
        "relative_strength": 8.020652,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.436165,
        "energy": 96.411012,
        "activity_lines": [
          30.006267,
          28.730183,
          27.571622,
          27.221492
        ]
      },
      {
        "date": "2026-02-20",
        "close": 31.550788,
        "volume": 33179,
        "typical_volume": 50956.0,
        "trend": 27.037959,
        "fair_value": 24.717111,
        "relative_strength": 8.02089,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.845556,
        "energy": 94.955379,
        "activity_lines": [
          30.711109,
          29.411097,
          28.014533,
          27.522193
        ]
      },
      {
        "date": "2026-02-27",
        "close": 31.609002,
        "volume": 77777,
        "typical_volume": 52007.65,
        "trend": 27.228329,
        "fair_value": 24.782023,
        "relative_strength": 8.712269,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.375635,
        "energy": 92.335606,
        "activity_lines": [
          31.183041,
          30.011733,
          28.442373,
          27.817099
        ]
      },
      {
        "date": "2026-03-06",
        "close": 33.030288,
        "volume": 94873,
        "typical_volume": 54603.7,
        "trend": 27.46812,
        "fair_value": 24.864644,
        "relative_strength": 15.692368,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.930021,
        "energy": 95.804637,
        "activity_lines": [
          31.927686,
          30.758817,
          28.975832,
          28.191419
        ]
      },
      {
        "date": "2026-03-13",
        "close": 33.702576,
        "volume": 125429,
        "typical_volume": 58680.25,
        "trend": 27.714685,
        "fair_value": 24.959223,
        "relative_strength": 19.657015,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.181537,
        "energy": 78.263723,
        "activity_lines": [
          32.650247,
          31.493889,
          29.537131,
          28.593642
        ]
      },
      {
        "date": "2026-03-20",
        "close": 34.071915,
        "volume": 136606,
        "typical_volume": 63755.5,
        "trend": 27.943356,
        "fair_value": 25.053906,
        "relative_strength": 22.958347,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.803342,
        "energy": 72.396893,
        "activity_lines": [
          33.268636,
          32.162662,
          30.099705,
          29.003786
        ]
      },
      {
        "date": "2026-03-27",
        "close": 35.668428,
        "volume": 134750,
        "typical_volume": 68967.7,
        "trend": 28.211143,
        "fair_value": 25.152088,
        "relative_strength": 31.224237,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.313289,
        "energy": 74.277632,
        "activity_lines": [
          34.22714,
          32.990633,
          30.774747,
          29.502177
        ]
      },
      {
        "date": "2026-04-03",
        "close": 34.886941,
        "volume": 170373,
        "typical_volume": 76152.8,
        "trend": 28.471201,
        "fair_value": 25.245081,
        "relative_strength": 23.759851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.101743,
        "energy": 68.362775,
        "activity_lines": [
          34.65064,
          33.532835,
          31.326446,
          29.932874
        ]
      },
      {
        "date": "2026-04-10",
        "close": 34.303758,
        "volume": 71312,
        "typical_volume": 78714.65,
        "trend": 28.706976,
        "fair_value": 25.327743,
        "relative_strength": 17.15039,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.823704,
        "energy": 65.229564,
        "activity_lines": [
          34.661216,
          33.854575,
          31.779399,
          30.309168
        ]
      },
      {
        "date": "2026-04-17",
        "close": 33.429228,
        "volume": 110190,
        "typical_volume": 72818.6,
        "trend": 28.926328,
        "fair_value": 25.410105,
        "relative_strength": 9.231647,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.732051,
        "energy": 57.914427,
        "activity_lines": [
          34.295384,
          33.927015,
          32.106158,
          30.613829
        ]
      },
      {
        "date": "2026-04-24",
        "close": 34.169766,
        "volume": 79169,
        "typical_volume": 73996.8,
        "trend": 29.147572,
        "fair_value": 25.496569,
        "relative_strength": 10.948406,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.827072,
        "energy": 50.012645,
        "activity_lines": [
          34.194622,
          34.077081,
          32.46965,
          30.952116
        ]
      },
      {
        "date": "2026-05-01",
        "close": 34.935824,
        "volume": 66687,
        "typical_volume": 75066.75,
        "trend": 29.404708,
        "fair_value": 25.590411,
        "relative_strength": 12.17779,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.775626,
        "energy": 48.955688,
        "activity_lines": [
          34.342688,
          34.312273,
          32.870774,
          31.325551
        ]
      },
      {
        "date": "2026-05-08",
        "close": 34.528742,
        "volume": 107670,
        "typical_volume": 77511.35,
        "trend": 29.710231,
        "fair_value": 25.683003,
        "relative_strength": 8.209485,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.791189,
        "energy": 40.767412,
        "activity_lines": [
          34.403901,
          34.411904,
          33.193213,
          31.656134
        ]
      },
      {
        "date": "2026-05-15",
        "close": 35.133869,
        "volume": 56570,
        "typical_volume": 78905.3,
        "trend": 30.033661,
        "fair_value": 25.777646,
        "relative_strength": 9.702811,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.92408,
        "energy": 48.253213,
        "activity_lines": [
          34.690703,
          34.568472,
          33.530054,
          32.006046
        ]
      },
      {
        "date": "2026-05-22",
        "close": 35.074985,
        "volume": 92047,
        "typical_volume": 81974.15,
        "trend": 30.316707,
        "fair_value": 25.874208,
        "relative_strength": 8.398879,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.590796,
        "energy": 47.177261,
        "activity_lines": [
          34.902536,
          34.676086,
          33.81611,
          32.331293
        ]
      },
      {
        "date": "2026-05-29",
        "close": 33.458191,
        "volume": 114845,
        "typical_volume": 86203.55,
        "trend": 30.573316,
        "fair_value": 25.957749,
        "relative_strength": 1.848946,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.008618,
        "energy": 36.825373,
        "activity_lines": [
          34.465721,
          34.464785,
          33.9067,
          32.533969
        ]
      },
      {
        "date": "2026-06-05",
        "close": 33.329391,
        "volume": 90781,
        "typical_volume": 87370.75,
        "trend": 30.837757,
        "fair_value": 26.037908,
        "relative_strength": 3.985003,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.426863,
        "energy": 26.177167,
        "activity_lines": [
          34.03341,
          34.241225,
          33.953615,
          32.711781
        ]
      },
      {
        "date": "2026-06-12",
        "close": 34.032835,
        "volume": 66293,
        "typical_volume": 88652.1,
        "trend": 31.111719,
        "fair_value": 26.120427,
        "relative_strength": 5.584549,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.615207,
        "energy": 21.24115,
        "activity_lines": [
          33.942677,
          34.188091,
          34.041033,
          32.917915
        ]
      },
      {
        "date": "2026-06-19",
        "close": 32.328717,
        "volume": 60725,
        "typical_volume": 88629.15,
        "trend": 31.346221,
        "fair_value": 26.196622,
        "relative_strength": -0.521188,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.952737,
        "energy": 14.690599,
        "activity_lines": [
          33.316964,
          33.840647,
          33.940251,
          32.996431
        ]
      },
      {
        "date": "2026-06-26",
        "close": 32.083253,
        "volume": 50574,
        "typical_volume": 88514.85,
        "trend": 31.537923,
        "fair_value": 26.266706,
        "relative_strength": 1.082834,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.346018,
        "energy": 16.988459,
        "activity_lines": [
          32.796441,
          33.484483,
          33.801848,
          33.043981
        ]
      },
      {
        "date": "2026-07-03",
        "close": 31.461189,
        "volume": 54295,
        "typical_volume": 89707.25,
        "trend": 31.69491,
        "fair_value": 26.333063,
        "relative_strength": -2.905493,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -12.877661,
        "energy": 32.630153,
        "activity_lines": [
          32.268011,
          33.039689,
          33.595678,
          33.039031
        ]
      },
      {
        "date": "2026-07-10",
        "close": 32.075163,
        "volume": 55303,
        "typical_volume": 90813.45,
        "trend": 31.878969,
        "fair_value": 26.401552,
        "relative_strength": -2.225968,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -4.651255,
        "energy": 36.298616,
        "activity_lines": [
          32.077373,
          32.755773,
          33.446695,
          33.063563
        ]
      },
      {
        "date": "2026-07-17",
        "close": 32.902046,
        "volume": 64819,
        "typical_volume": 90165.55,
        "trend": 32.127345,
        "fair_value": 26.471981,
        "relative_strength": 1.822738,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -3.049309,
        "energy": 33.931571,
        "activity_lines": [
          32.245978,
          32.674212,
          33.373966,
          33.129568
        ]
      },
      {
        "date": "2026-07-24",
        "close": 33.651688,
        "volume": 66887,
        "typical_volume": 88766.25,
        "trend": 32.394177,
        "fair_value": 26.54526,
        "relative_strength": 4.640554,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.550418,
        "energy": 13.26874,
        "activity_lines": [
          32.73985,
          32.758526,
          33.366473,
          33.227913
        ]
      },
      {
        "date": "2026-07-31",
        "close": 33.99,
        "volume": 39591,
        "typical_volume": 84474.35,
        "trend": 32.648419,
        "fair_value": 26.620885,
        "relative_strength": 4.390407,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.028096,
        "energy": 20.500692,
        "activity_lines": [
          33.258294,
          32.931299,
          33.388242,
          33.330869
        ]
      },
      {
        "date": "2026-08-07",
        "close": 33.3168,
        "volume": 44165,
        "typical_volume": 79852.3,
        "trend": 32.863556,
        "fair_value": 26.690272,
        "relative_strength": -1.239115,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.697581,
        "energy": 19.79563,
        "activity_lines": [
          33.425221,
          33.0014,
          33.344528,
          33.37399
        ]
      }
    ],
    "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."
    }
  }
}