{ "ticker": { "uuid": "28be8ba5-d2a5-424c-bf21-6b37a0eff1ef", "symbol": "BANR", "name": "Banner Corporation", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 70.224, "architecture_energy": 71.176, "architecture_maturity": 38.0, "architecture_confidence": 72.53, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 2.25, "rotation_up": 75.87, "upward_expansion": 93.01, "deceleration": 40.81, "rotation_down": 12.25, "downward_expansion": 15.01 }, "activity_lines": [ 70.036756, 68.891724, 67.259835, 65.811443 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 70.67, "trend_reference": 64.245512, "distance_from_trend": 0.099999, "trend_direction": "Improving", "fair_value": 56.447941, "distance_from_fair_value": 0.25195, "fair_value_direction": "Improving", "relative_strength": -2.923802, "relative_strength_direction": "Improving", "price_momentum": 0.102888, "excess_performance": -0.084566, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.099999, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.028463, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.25195, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.042891, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.029238, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.097241, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.102888, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.714548, "read": "Demand-led" } ], "volume": { "latest": 1797199, "relative_activity": 1.250527, "balance": 1.714548, "dry_up": 1.502454, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.043457, "annualized_volatility": 0.218143, "from_high_reference": -0.025779, "from_low_reference": 0.248651 }, "levels": { "trend_reference": 64.245512, "fair_value_reference": 56.447941, "structural_low": 56.597084, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 20, "median_return": -0.0056, "positive_rate": 0.45, "directional_follow_through": 0.45, "median_excess_return": 0.007472, "regime_survival": 0.65, "best_return": 0.164656, "worst_return": -0.116423, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.058072, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": 0.001238, "regime_survival": 0.444444, "best_return": 0.195371, "worst_return": -0.144082, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.057064, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": 0.057586, "regime_survival": 0.0, "best_return": 0.225387, "worst_return": -0.125999, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.148748, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.087375, "regime_survival": 0.5, "best_return": 0.323998, "worst_return": -0.417574, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-20", "tenure": "Developing", "return": 0.030456, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-11", "tenure": "New", "return": 0.07279, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-01", "tenure": "New", "return": -0.075806, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-08-29", "tenure": "New", "return": 0.072308, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-10-03", "tenure": "Developing", "return": -0.050399, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-10", "end": "2025-10-17", "tenure": "New", "return": 0.011632, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-10-31", "tenure": "New", "return": -0.044311, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-07", "end": "2025-11-28", "tenure": "New", "return": 0.031024, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2025-12-19", "tenure": "New", "return": 0.026185, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-26", "end": "2026-01-02", "tenure": "New", "return": -0.033122, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-03-13", "tenure": "Developing", "return": -0.07397, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.101946, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": 0.026634, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.081456, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 40.34852, "volume": 922252, "typical_volume": 1003541.5, "trend": 45.921368, "fair_value": 47.549508, "relative_strength": -32.920189, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.835719, "energy": 17.180031, "activity_lines": [ 41.951197, 41.563335, 41.489272, 42.945822 ] }, { "date": "2023-08-25", "close": 39.248188, "volume": 760760, "typical_volume": 1001788.1, "trend": 45.380406, "fair_value": 47.606748, "relative_strength": -35.289056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.721823, "energy": 30.23838, "activity_lines": [ 41.058745, 41.205777, 41.225166, 42.515294 ] }, { "date": "2023-09-01", "close": 40.612236, "volume": 689343, "typical_volume": 994491.1, "trend": 44.759852, "fair_value": 47.67469, "relative_strength": -34.914418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.336619, "energy": 29.886148, "activity_lines": [ 40.675285, 41.142795, 41.128765, 42.20767 ] }, { "date": "2023-09-08", "close": 39.702871, "volume": 729763, "typical_volume": 991317.1, "trend": 44.191298, "fair_value": 47.751667, "relative_strength": -34.989616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.015514, "energy": 46.948071, "activity_lines": [ 40.136335, 40.89139, 40.971157, 41.881413 ] }, { "date": "2023-09-15", "close": 39.411874, "volume": 1209084, "typical_volume": 1003153.55, "trend": 43.595809, "fair_value": 47.825668, "relative_strength": -34.527603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.529563, "energy": 50.36371, "activity_lines": [ 39.770164, 40.580034, 40.81081, 41.573064 ] }, { "date": "2023-09-22", "close": 38.484322, "volume": 677687, "typical_volume": 973808.75, "trend": 42.981288, "fair_value": 47.906366, "relative_strength": -33.181889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.479319, "energy": 54.789632, "activity_lines": [ 39.310025, 40.113014, 40.586362, 41.24329 ] }, { "date": "2023-09-29", "close": 38.538884, "volume": 730798, "typical_volume": 959212.8, "trend": 42.388792, "fair_value": 47.97694, "relative_strength": -32.442148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.968514, "energy": 53.491609, "activity_lines": [ 38.992354, 39.718499, 40.377457, 40.956683 ] }, { "date": "2023-10-06", "close": 39.693777, "volume": 1248807, "typical_volume": 974972.45, "trend": 42.031806, "fair_value": 48.041851, "relative_strength": -30.874458, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.094413, "energy": 37.388408, "activity_lines": [ 39.106934, 39.561671, 40.275682, 40.782812 ] }, { "date": "2023-10-13", "close": 39.257282, "volume": 883653, "typical_volume": 990277.3, "trend": 41.746445, "fair_value": 48.103435, "relative_strength": -30.787474, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.96729, "energy": 34.836226, "activity_lines": [ 39.137246, 39.382444, 40.138637, 40.60381 ] }, { "date": "2023-10-20", "close": 37.102087, "volume": 1771461, "typical_volume": 1044739.25, "trend": 41.364877, "fair_value": 48.13454, "relative_strength": -31.697783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.163033, "energy": 44.47329, "activity_lines": [ 38.478866, 38.89304, 39.805701, 40.304174 ] }, { "date": "2023-10-27", "close": 38.047827, "volume": 1339040, "typical_volume": 1019623.0, "trend": 41.017509, "fair_value": 48.183398, "relative_strength": -26.937807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.809617, "energy": 39.685307, "activity_lines": [ 38.289718, 38.676281, 39.591297, 40.090171 ] }, { "date": "2023-11-03", "close": 41.115328, "volume": 624315, "typical_volume": 947649.15, "trend": 40.815181, "fair_value": 48.253651, "relative_strength": -24.588907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.896763, "energy": 19.202565, "activity_lines": [ 39.15217, 39.059079, 39.686819, 40.096482 ] }, { "date": "2023-11-10", "close": 38.954751, "volume": 573804, "typical_volume": 936434.65, "trend": 40.582138, "fair_value": 48.271713, "relative_strength": -29.509582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.747514, "energy": 21.653645, "activity_lines": [ 39.122667, 39.015098, 39.579877, 39.976454 ] }, { "date": "2023-11-17", "close": 42.025529, "volume": 726838, "typical_volume": 934651.7, "trend": 40.484735, "fair_value": 48.310315, "relative_strength": -24.373953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.788081, "energy": 11.65982, "activity_lines": [ 40.166025, 39.559576, 39.767237, 40.069576 ] }, { "date": "2023-11-24", "close": 40.876286, "volume": 243078, "typical_volume": 919537.7, "trend": 40.363883, "fair_value": 48.3377, "relative_strength": -25.935129, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.525265, "energy": 16.999041, "activity_lines": [ 40.641752, 39.85287, 39.83224, 40.094837 ] }, { "date": "2023-12-01", "close": 43.54253, "volume": 1004064, "typical_volume": 932715.05, "trend": 40.460066, "fair_value": 48.37207, "relative_strength": -20.069221, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.541885, "energy": 34.701283, "activity_lines": [ 41.754614, 40.604311, 40.147599, 40.299911 ] }, { "date": "2023-12-08", "close": 45.841017, "volume": 1206702, "typical_volume": 915486.4, "trend": 40.723495, "fair_value": 48.426789, "relative_strength": -15.254597, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.723334, "energy": 61.119658, "activity_lines": [ 43.267325, 41.681691, 40.674165, 40.647069 ] }, { "date": "2023-12-15", "close": 49.527789, "volume": 1986425, "typical_volume": 955252.0, "trend": 41.007184, "fair_value": 48.508562, "relative_strength": -10.442761, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.273172, "energy": 83.532986, "activity_lines": [ 45.693914, 43.296627, 41.524336, 41.215088 ] }, { "date": "2023-12-22", "close": 49.867965, "volume": 824636, "typical_volume": 953536.1, "trend": 41.295309, "fair_value": 48.584229, "relative_strength": -9.560387, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.214979, "energy": 88.423848, "activity_lines": [ 47.529025, 44.794612, 42.374996, 41.786752 ] }, { "date": "2023-12-29", "close": 49.242777, "volume": 539800, "typical_volume": 934615.5, "trend": 41.500775, "fair_value": 48.650754, "relative_strength": -9.818192, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.090838, "energy": 86.229511, "activity_lines": [ 48.632912, 45.986006, 43.136979, 42.299492 ] }, { "date": "2024-01-05", "close": 46.971872, "volume": 664399, "typical_volume": 921722.85, "trend": 41.673759, "fair_value": 48.682402, "relative_strength": -10.006344, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.501461, "energy": 80.36402, "activity_lines": [ 48.422064, 46.543769, 43.651244, 42.652466 ] }, { "date": "2024-01-12", "close": 46.162805, "volume": 677618, "typical_volume": 917565.75, "trend": 41.818873, "fair_value": 48.704479, "relative_strength": -13.157695, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.785834, "energy": 55.119044, "activity_lines": [ 47.712904, 46.792172, 44.056915, 42.942081 ] }, { "date": "2024-01-19", "close": 44.792907, "volume": 1156733, "typical_volume": 940935.25, "trend": 42.00055, "fair_value": 48.714459, "relative_strength": -16.867965, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.302386, "energy": 36.276747, "activity_lines": [ 46.525659, 46.699731, 44.299192, 43.133955 ] }, { "date": "2024-01-26", "close": 44.342404, "volume": 1083234, "typical_volume": 958608.8, "trend": 42.16811, "fair_value": 48.762191, "relative_strength": -17.169828, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.048037, "energy": 23.501597, "activity_lines": [ 45.503906, 46.419232, 44.478657, 43.285042 ] }, { "date": "2024-02-02", "close": 42.089887, "volume": 985988, "typical_volume": 947454.0, "trend": 42.233578, "fair_value": 48.770313, "relative_strength": -21.170275, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.461711, "energy": 22.510755, "activity_lines": [ 44.099684, 45.68706, 44.421503, 43.279995 ] }, { "date": "2024-02-09", "close": 41.344682, "volume": 919474, "typical_volume": 959543.35, "trend": 42.214187, "fair_value": 48.763463, "relative_strength": -22.844821, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.3514, "energy": 21.60648, "activity_lines": [ 42.923919, 44.79733, 44.280625, 43.222647 ] }, { "date": "2024-02-16", "close": 41.967315, "volume": 1197838, "typical_volume": 982895.35, "trend": 42.27767, "fair_value": 48.754993, "relative_strength": -19.314277, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.831008, "energy": 20.847778, "activity_lines": [ 42.330845, 44.060768, 44.185425, 43.20672 ] }, { "date": "2024-02-23", "close": 41.335389, "volume": 501424, "typical_volume": 945526.2, "trend": 42.227959, "fair_value": 48.740639, "relative_strength": -20.369366, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.596593, "energy": 30.261378, "activity_lines": [ 41.806829, 43.27974, 44.013715, 43.145928 ] }, { "date": "2024-03-01", "close": 41.809333, "volume": 905406, "typical_volume": 946613.85, "trend": 42.163285, "fair_value": 48.704508, "relative_strength": -19.814724, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.626584, "energy": 28.099886, "activity_lines": [ 41.671294, 42.733837, 43.879326, 43.11892 ] }, { "date": "2024-03-08", "close": 43.286925, "volume": 1027502, "typical_volume": 909415.9, "trend": 42.184845, "fair_value": 48.663608, "relative_strength": -14.650617, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.748157, "energy": 14.625841, "activity_lines": [ 42.197162, 42.603107, 43.873507, 43.191413 ] }, { "date": "2024-03-15", "close": 42.301864, "volume": 1610312, "typical_volume": 922979.5, "trend": 42.249957, "fair_value": 48.625941, "relative_strength": -14.758502, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.426027, "energy": 11.9604, "activity_lines": [ 42.314874, 42.401564, 43.744421, 43.198962 ] }, { "date": "2024-03-22", "close": 42.682878, "volume": 808398, "typical_volume": 932183.65, "trend": 42.364446, "fair_value": 48.597676, "relative_strength": -15.628461, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -2.226888, "energy": 6.687517, "activity_lines": [ 42.495778, 42.354205, 43.631365, 43.226893 ] }, { "date": "2024-03-29", "close": 44.606535, "volume": 958104, "typical_volume": 951398.65, "trend": 42.49759, "fair_value": 48.592584, "relative_strength": -10.572758, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.390235, "energy": 19.167909, "activity_lines": [ 43.270197, 42.719874, 43.69405, 43.371543 ] }, { "date": "2024-04-05", "close": 42.90591, "volume": 778484, "typical_volume": 953980.95, "trend": 42.604358, "fair_value": 48.572653, "relative_strength": -12.513033, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.419566, "energy": 14.857995, "activity_lines": [ 43.259665, 42.779726, 43.567857, 43.397887 ] }, { "date": "2024-04-12", "close": 40.814979, "volume": 826916, "typical_volume": 983172.85, "trend": 42.651128, "fair_value": 48.535327, "relative_strength": -15.599871, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.157756, "energy": 13.27734, "activity_lines": [ 42.479051, 42.485528, 43.238335, 43.282443 ] }, { "date": "2024-04-19", "close": 41.762868, "volume": 1079107, "typical_volume": 986925.0, "trend": 42.760413, "fair_value": 48.494583, "relative_strength": -8.044148, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.753525, "energy": 13.503372, "activity_lines": [ 42.179196, 42.386853, 42.999381, 43.225136 ] }, { "date": "2024-04-26", "close": 42.153175, "volume": 849169, "typical_volume": 969048.35, "trend": 42.880889, "fair_value": 48.458175, "relative_strength": -10.05695, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.08527, "energy": 20.762536, "activity_lines": [ 42.045376, 42.351539, 42.806073, 43.185959 ] }, { "date": "2024-05-03", "close": 43.434364, "volume": 844577, "typical_volume": 911955.95, "trend": 43.005575, "fair_value": 48.422301, "relative_strength": -7.836316, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.692015, "energy": 15.730011, "activity_lines": [ 42.373933, 42.54579, 42.752345, 43.221667 ] }, { "date": "2024-05-10", "close": 43.631623, "volume": 576990, "typical_volume": 899573.65, "trend": 43.151387, "fair_value": 48.381389, "relative_strength": -8.490121, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.247317, "energy": 3.015148, "activity_lines": [ 42.846387, 42.737742, 42.746419, 43.262057 ] }, { "date": "2024-05-17", "close": 44.204611, "volume": 629442, "typical_volume": 904055.75, "trend": 43.388137, "fair_value": 48.34138, "relative_strength": -8.875256, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.457494, "energy": 13.359498, "activity_lines": [ 43.461457, 43.000742, 42.824761, 43.330007 ] }, { "date": "2024-05-24", "close": 43.058635, "volume": 713757, "typical_volume": 906523.65, "trend": 43.555164, "fair_value": 48.299403, "relative_strength": -12.042186, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -10.249718, "energy": 13.546233, "activity_lines": [ 43.468559, 43.038698, 42.817953, 43.308749 ] }, { "date": "2024-05-31", "close": 43.988566, "volume": 874452, "typical_volume": 916365.35, "trend": 43.650939, "fair_value": 48.261105, "relative_strength": -8.291974, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 14.690522, "energy": 15.885356, "activity_lines": [ 43.699254, 43.231972, 42.918345, 43.33671 ] }, { "date": "2024-06-07", "close": 43.443758, "volume": 925577, "typical_volume": 904807.55, "trend": 43.800573, "fair_value": 48.228497, "relative_strength": -11.427276, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -7.357604, "energy": 14.50608, "activity_lines": [ 43.625987, 43.30245, 42.977203, 43.323344 ] }, { "date": "2024-06-14", "close": 42.87077, "volume": 1101653, "typical_volume": 905728.5, "trend": 43.828747, "fair_value": 48.215415, "relative_strength": -15.172034, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -14.499433, "energy": 7.600733, "activity_lines": [ 43.361097, 43.28989, 42.987916, 43.263357 ] }, { "date": "2024-06-21", "close": 43.584656, "volume": 802858, "typical_volume": 896572.0, "trend": 43.919026, "fair_value": 48.185992, "relative_strength": -13.648739, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -19.436511, "energy": 9.94091, "activity_lines": [ 43.384893, 43.407767, 43.073626, 43.247609 ] }, { "date": "2024-06-28", "close": 46.628068, "volume": 792195, "typical_volume": 890208.05, "trend": 44.021878, "fair_value": 48.192539, "relative_strength": -7.394844, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 42.196036, "energy": 32.913609, "activity_lines": [ 44.46449, 44.028633, 43.442067, 43.422386 ] }, { "date": "2024-07-05", "close": 44.495801, "volume": 599895, "typical_volume": 860310.9, "trend": 43.977037, "fair_value": 48.189983, "relative_strength": -14.342892, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.724612, "energy": 31.131053, "activity_lines": [ 44.59537, 44.173357, 43.582275, 43.452961 ] }, { "date": "2024-07-12", "close": 49.680872, "volume": 917249, "typical_volume": 881102.15, "trend": 43.98214, "fair_value": 48.227726, "relative_strength": -3.908796, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 55.673706, "energy": 66.850197, "activity_lines": [ 46.42079, 45.218227, 44.20426, 43.820951 ] }, { "date": "2024-07-19", "close": 54.631112, "volume": 1558243, "typical_volume": 913744.0, "trend": 44.140911, "fair_value": 48.293508, "relative_strength": 9.866312, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.036803, "energy": 90.450549, "activity_lines": [ 49.480483, 47.049568, 45.257955, 44.507981 ] }, { "date": "2024-07-26", "close": 57.674524, "volume": 1139253, "typical_volume": 919331.55, "trend": 44.42197, "fair_value": 48.37505, "relative_strength": 18.796015, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.092907, "energy": 96.879676, "activity_lines": [ 52.770624, 49.234266, 46.540443, 45.381118 ] }, { "date": "2024-08-02", "close": 51.550128, "volume": 1065210, "typical_volume": 892076.45, "trend": 44.574578, "fair_value": 48.402029, "relative_strength": 9.616828, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.205675, "energy": 86.02696, "activity_lines": [ 53.079974, 50.06053, 47.171143, 45.840999 ] }, { "date": "2024-08-09", "close": 50.815065, "volume": 689647, "typical_volume": 886138.9, "trend": 44.729653, "fair_value": 48.420134, "relative_strength": 7.742746, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.086181, "energy": 80.00447, "activity_lines": [ 52.816167, 50.598756, 47.687798, 46.243611 ] }, { "date": "2024-08-16", "close": 53.687098, "volume": 756899, "typical_volume": 876078.65, "trend": 45.026127, "fair_value": 48.459826, "relative_strength": 7.940952, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.575472, "energy": 58.095788, "activity_lines": [ 53.08842, 51.535051, 48.439255, 46.82151 ] }, { "date": "2024-08-23", "close": 56.06624, "volume": 640209, "typical_volume": 869164.9, "trend": 45.416921, "fair_value": 48.499984, "relative_strength": 11.388567, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.175642, "energy": 55.664089, "activity_lines": [ 53.886638, 52.717674, 49.374056, 47.533776 ] }, { "date": "2024-08-30", "close": 56.464343, "volume": 795867, "typical_volume": 867612.45, "trend": 45.89607, "fair_value": 48.55244, "relative_strength": 12.845783, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.798114, "energy": 57.064675, "activity_lines": [ 54.721882, 53.732763, 50.284103, 48.246513 ] }, { "date": "2024-09-06", "close": 54.217902, "volume": 659910, "typical_volume": 846652.6, "trend": 46.325177, "fair_value": 48.616233, "relative_strength": 14.732288, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.009272, "energy": 52.145408, "activity_lines": [ 54.888991, 54.105231, 50.905683, 48.783405 ] }, { "date": "2024-09-13", "close": 54.549655, "volume": 590356, "typical_volume": 833711.95, "trend": 46.744588, "fair_value": 48.678429, "relative_strength": 8.808704, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.92934, "energy": 49.18093, "activity_lines": [ 54.988833, 54.400022, 51.499549, 49.314017 ] }, { "date": "2024-09-20", "close": 58.094672, "volume": 1840341, "typical_volume": 883500.15, "trend": 47.303231, "fair_value": 48.755574, "relative_strength": 13.918797, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.86996, "energy": 52.620703, "activity_lines": [ 56.021374, 55.156563, 52.372004, 50.04628 ] }, { "date": "2024-09-27", "close": 55.762923, "volume": 1140273, "typical_volume": 911664.3, "trend": 47.768351, "fair_value": 48.808189, "relative_strength": 8.103694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.523082, "energy": 43.660819, "activity_lines": [ 55.982828, 55.336172, 52.952577, 50.592067 ] }, { "date": "2024-10-04", "close": 56.397993, "volume": 1012095, "typical_volume": 930796.95, "trend": 48.205386, "fair_value": 48.851678, "relative_strength": 9.085309, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.157066, "energy": 42.929346, "activity_lines": [ 56.176192, 55.61067, 53.535865, 51.148818 ] }, { "date": "2024-10-11", "close": 60.037796, "volume": 1491047, "typical_volume": 969661.45, "trend": 48.796584, "fair_value": 48.921402, "relative_strength": 14.424087, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.104581, "energy": 52.54456, "activity_lines": [ 57.587248, 56.57016, 54.407737, 51.912199 ] }, { "date": "2024-10-18", "close": 63.270017, "volume": 1664404, "typical_volume": 1009159.05, "trend": 49.482822, "fair_value": 48.994541, "relative_strength": 19.823737, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.420231, "energy": 74.064046, "activity_lines": [ 59.687718, 57.963005, 55.506587, 52.845969 ] }, { "date": "2024-10-25", "close": 59.914573, "volume": 1045132, "typical_volume": 1015136.8, "trend": 49.99309, "fair_value": 49.062324, "relative_strength": 13.070239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.068366, "energy": 69.623405, "activity_lines": [ 60.088349, 58.519315, 56.194054, 53.518985 ] }, { "date": "2024-11-01", "close": 61.516466, "volume": 749984, "typical_volume": 997553.35, "trend": 50.613442, "fair_value": 49.117293, "relative_strength": 17.68426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.390744, "energy": 78.897982, "activity_lines": [ 60.901617, 59.253653, 56.955649, 54.262429 ] }, { "date": "2024-11-08", "close": 69.923352, "volume": 1691839, "typical_volume": 1042002.4, "trend": 51.583721, "fair_value": 49.225435, "relative_strength": 26.086395, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.311898, "energy": 89.308474, "activity_lines": [ 64.133612, 61.41742, 58.429112, 55.508229 ] }, { "date": "2024-11-15", "close": 70.200257, "volume": 903815, "typical_volume": 1047583.4, "trend": 52.531634, "fair_value": 49.338219, "relative_strength": 30.32665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.036837, "energy": 89.579976, "activity_lines": [ 66.556217, 63.386824, 59.803524, 56.709296 ] }, { "date": "2024-11-22", "close": 72.062206, "volume": 799535, "typical_volume": 1057565.4, "trend": 53.528602, "fair_value": 49.477991, "relative_strength": 30.492978, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.865235, "energy": 92.373076, "activity_lines": [ 68.921975, 65.404176, 61.243016, 57.969333 ] }, { "date": "2024-11-29", "close": 71.221942, "volume": 738394, "typical_volume": 1048622.65, "trend": 54.454854, "fair_value": 49.618276, "relative_strength": 27.359742, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.275094, "energy": 87.758285, "activity_lines": [ 70.421498, 66.950342, 62.471214, 59.110839 ] }, { "date": "2024-12-06", "close": 71.861688, "volume": 804264, "typical_volume": 1010923.7, "trend": 55.395856, "fair_value": 49.758472, "relative_strength": 24.009076, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.508505, "energy": 84.057482, "activity_lines": [ 71.380446, 68.374149, 63.657764, 60.233861 ] }, { "date": "2024-12-13", "close": 68.147339, "volume": 1364377, "typical_volume": 1022179.9, "trend": 56.193947, "fair_value": 49.873921, "relative_strength": 16.59108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.231593, "energy": 62.487966, "activity_lines": [ 70.411596, 68.829914, 64.408517, 61.056537 ] }, { "date": "2024-12-20", "close": 62.828848, "volume": 1766405, "typical_volume": 1057239.65, "trend": 56.852954, "fair_value": 49.939673, "relative_strength": 9.98198, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.182281, "energy": 41.586321, "activity_lines": [ 67.788317, 68.105057, 64.602875, 61.484595 ] }, { "date": "2024-12-27", "close": 63.840984, "volume": 690843, "typical_volume": 1057299.45, "trend": 57.514702, "fair_value": 50.014394, "relative_strength": 10.719512, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.022493, "energy": 26.949407, "activity_lines": [ 65.993843, 67.513478, 64.839919, 61.935436 ] }, { "date": "2025-01-03", "close": 63.735951, "volume": 540241, "typical_volume": 1046466.55, "trend": 58.191108, "fair_value": 50.065119, "relative_strength": 11.311767, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.455375, "energy": 27.227602, "activity_lines": [ 64.71244, 66.89242, 65.004932, 62.336807 ] }, { "date": "2025-01-10", "close": 62.064971, "volume": 1204099, "typical_volume": 1074661.05, "trend": 58.830915, "fair_value": 50.097249, "relative_strength": 10.654442, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.037749, "energy": 25.29698, "activity_lines": [ 63.37311, 65.898069, 64.962953, 62.586733 ] }, { "date": "2025-01-17", "close": 66.944233, "volume": 1270949, "typical_volume": 1098415.15, "trend": 59.609567, "fair_value": 50.183647, "relative_strength": 15.596384, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.054305, "energy": 21.433285, "activity_lines": [ 64.313315, 65.780884, 65.357099, 63.110173 ] }, { "date": "2025-01-24", "close": 66.371326, "volume": 1061929, "typical_volume": 1118516.1, "trend": 60.267676, "fair_value": 50.270784, "relative_strength": 12.508611, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.470657, "energy": 13.186674, "activity_lines": [ 65.142757, 65.613699, 65.646779, 63.546416 ] }, { "date": "2025-01-31", "close": 67.478947, "volume": 867412, "typical_volume": 1132368.9, "trend": 61.033781, "fair_value": 50.362675, "relative_strength": 15.385949, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.813021, "energy": 22.825496, "activity_lines": [ 66.105242, 65.717517, 65.984073, 64.011659 ] }, { "date": "2025-02-07", "close": 67.1386, "volume": 893574, "typical_volume": 1085030.55, "trend": 61.615705, "fair_value": 50.441443, "relative_strength": 14.014923, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.436163, "energy": 30.166202, "activity_lines": [ 66.711747, 65.842785, 66.227385, 64.405518 ] }, { "date": "2025-02-14", "close": 66.004242, "volume": 869022, "typical_volume": 1071468.0, "trend": 61.994809, "fair_value": 50.517827, "relative_strength": 8.460666, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.489679, "energy": 26.505739, "activity_lines": [ 66.713289, 65.836049, 66.319597, 64.68865 ] }, { "date": "2025-02-21", "close": 64.67762, "volume": 824181, "typical_volume": 1062072.3, "trend": 62.228246, "fair_value": 50.587374, "relative_strength": 8.20858, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.769465, "energy": 20.060496, "activity_lines": [ 66.010006, 65.694609, 66.236695, 64.861734 ] }, { "date": "2025-02-28", "close": 66.311865, "volume": 1118777, "typical_volume": 1043458.8, "trend": 62.720304, "fair_value": 50.687778, "relative_strength": 14.155102, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.795105, "energy": 17.194601, "activity_lines": [ 66.002579, 65.913389, 66.270009, 65.125193 ] }, { "date": "2025-03-07", "close": 61.447585, "volume": 1209963, "typical_volume": 1020736.75, "trend": 63.074721, "fair_value": 50.750003, "relative_strength": 8.832842, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.89907, "energy": 8.164408, "activity_lines": [ 64.377689, 65.184428, 65.810182, 65.043083 ] }, { "date": "2025-03-14", "close": 61.534103, "volume": 1294872, "typical_volume": 1033223.75, "trend": 63.336288, "fair_value": 50.810173, "relative_strength": 11.17938, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.889888, "energy": 23.661998, "activity_lines": [ 63.183729, 64.514713, 65.367273, 64.943688 ] }, { "date": "2025-03-21", "close": 61.303387, "volume": 1756185, "typical_volume": 1083533.8, "trend": 63.51086, "fair_value": 50.866198, "relative_strength": 9.914927, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.055491, "energy": 40.195368, "activity_lines": [ 62.286497, 63.843083, 64.894678, 64.812533 ] }, { "date": "2025-03-28", "close": 61.341839, "volume": 862954, "typical_volume": 1042089.55, "trend": 63.673443, "fair_value": 50.936798, "relative_strength": 12.058946, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.874291, "energy": 49.862224, "activity_lines": [ 61.715472, 63.192292, 64.426761, 64.672596 ] }, { "date": "2025-04-04", "close": 54.333815, "volume": 1170324, "typical_volume": 1055415.0, "trend": 63.677307, "fair_value": 50.976915, "relative_strength": 9.571018, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.950177, "energy": 66.151645, "activity_lines": [ 59.030826, 61.369176, 63.332277, 64.07004 ] }, { "date": "2025-04-11", "close": 54.324202, "volume": 1434467, "typical_volume": 1087161.6, "trend": 63.669791, "fair_value": 51.018247, "relative_strength": 1.471727, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.356723, "energy": 78.73604, "activity_lines": [ 57.141511, 59.763177, 62.312432, 63.466613 ] }, { "date": "2025-04-18", "close": 58.150256, "volume": 1224973, "typical_volume": 1111490.55, "trend": 63.671644, "fair_value": 51.076775, "relative_strength": 10.603025, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.026009, "energy": 72.300059, "activity_lines": [ 57.00244, 59.092, 61.74144, 63.110514 ] }, { "date": "2025-04-25", "close": 59.140416, "volume": 980458, "typical_volume": 1120300.25, "trend": 63.784227, "fair_value": 51.157644, "relative_strength": 5.254439, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.567338, "energy": 65.094671, "activity_lines": [ 57.419012, 58.764278, 61.326995, 62.818177 ] }, { "date": "2025-05-02", "close": 61.161344, "volume": 1136701, "typical_volume": 1108916.45, "trend": 63.943006, "fair_value": 51.239127, "relative_strength": 4.808277, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.772442, "energy": 36.996616, "activity_lines": [ 58.653425, 58.928793, 61.165596, 62.648959 ] }, { "date": "2025-05-09", "close": 60.996645, "volume": 847902, "typical_volume": 1062991.3, "trend": 63.974967, "fair_value": 51.323866, "relative_strength": 4.278535, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.877901, "energy": 20.219963, "activity_lines": [ 59.844971, 59.127296, 61.021779, 62.458871 ] }, { "date": "2025-05-16", "close": 62.769578, "volume": 1022723, "typical_volume": 1079585.3, "trend": 63.958286, "fair_value": 51.421033, "relative_strength": 0.056276, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.036581, "energy": 20.162801, "activity_lines": [ 61.183306, 59.74479, 61.055537, 62.381104 ] }, { "date": "2025-05-23", "close": 59.901883, "volume": 815748, "typical_volume": 1093360.65, "trend": 63.957863, "fair_value": 51.475071, "relative_strength": -2.572971, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.044288, "energy": 19.36705, "activity_lines": [ 61.002718, 59.816849, 60.821284, 62.119401 ] }, { "date": "2025-05-30", "close": 59.727496, "volume": 661166, "typical_volume": 1066214.0, "trend": 63.898231, "fair_value": 51.533421, "relative_strength": -4.958938, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.25118, "energy": 16.916208, "activity_lines": [ 60.647225, 59.886878, 60.588679, 61.846474 ] }, { "date": "2025-06-06", "close": 60.473484, "volume": 740518, "typical_volume": 1039692.45, "trend": 63.583235, "fair_value": 51.614358, "relative_strength": -6.029078, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.82221, "energy": 13.974854, "activity_lines": [ 60.501257, 60.121194, 60.438252, 61.625522 ] }, { "date": "2025-06-13", "close": 59.60155, "volume": 772316, "typical_volume": 1025211.8, "trend": 63.229945, "fair_value": 51.693682, "relative_strength": -7.203149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.990977, "energy": 22.662366, "activity_lines": [ 60.110501, 60.212764, 60.235597, 61.368639 ] }, { "date": "2025-06-20", "close": 59.921259, "volume": 1278886, "typical_volume": 1045785.5, "trend": 62.825247, "fair_value": 51.764864, "relative_strength": -7.011301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.714574, "energy": 18.377731, "activity_lines": [ 59.919321, 60.266687, 60.095627, 61.155176 ] }, { "date": "2025-06-27", "close": 62.02359, "volume": 1029799, "typical_volume": 1052596.75, "trend": 62.518635, "fair_value": 51.837653, "relative_strength": -7.80656, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.600976, "energy": 7.861186, "activity_lines": [ 60.618807, 60.601087, 60.191868, 61.103456 ] }, { "date": "2025-07-04", "close": 66.528583, "volume": 781884, "typical_volume": 1048239.85, "trend": 62.340865, "fair_value": 51.94268, "relative_strength": -3.002853, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.432471, "energy": 27.590709, "activity_lines": [ 62.678509, 61.684152, 60.741513, 61.362162 ] }, { "date": "2025-07-11", "close": 66.538271, "volume": 1118124, "typical_volume": 1062937.0, "trend": 62.287229, "fair_value": 52.049504, "relative_strength": -2.924288, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.217297, "energy": 49.521922, "activity_lines": [ 64.288035, 62.634648, 61.289584, 61.632963 ] }, { "date": "2025-07-18", "close": 64.029038, "volume": 1439011, "typical_volume": 1078948.7, "trend": 62.327235, "fair_value": 52.133413, "relative_strength": -7.738435, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.256837, "energy": 48.965561, "activity_lines": [ 64.656831, 63.031158, 61.58982, 61.745337 ] }, { "date": "2025-07-25", "close": 63.031158, "volume": 1177657, "typical_volume": 1077333.4, "trend": 62.300241, "fair_value": 52.190377, "relative_strength": -9.799633, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.7596, "energy": 49.970326, "activity_lines": [ 64.397834, 63.191101, 61.805891, 61.790752 ] }, { "date": "2025-08-01", "close": 59.175271, "volume": 1187695, "typical_volume": 1071974.55, "trend": 62.148219, "fair_value": 52.226115, "relative_strength": -13.290702, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 3.658169, "energy": 8.383772, "activity_lines": [ 62.646215, 62.645217, 61.647193, 61.589141 ] }, { "date": "2025-08-08", "close": 61.020851, "volume": 1186000, "typical_volume": 1043465.3, "trend": 62.113415, "fair_value": 52.257669, "relative_strength": -13.705574, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.518384, "energy": 8.883589, "activity_lines": [ 61.699677, 62.448104, 61.675498, 61.516407 ] }, { "date": "2025-08-15", "close": 62.202025, "volume": 1069863, "typical_volume": 1053810.75, "trend": 61.955341, "fair_value": 52.295836, "relative_strength": -12.37936, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.458331, "energy": 11.192248, "activity_lines": [ 61.514046, 62.442235, 61.817641, 61.522124 ] }, { "date": "2025-08-22", "close": 66.101854, "volume": 749599, "typical_volume": 1032774.5, "trend": 61.946359, "fair_value": 52.372254, "relative_strength": -5.983914, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.83636, "energy": 12.369741, "activity_lines": [ 62.917442, 63.113998, 62.3271, 61.789641 ] }, { "date": "2025-08-29", "close": 65.433173, "volume": 684500, "typical_volume": 995276.15, "trend": 61.878166, "fair_value": 52.456565, "relative_strength": -6.613038, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.483379, "energy": 40.871179, "activity_lines": [ 63.959755, 63.545995, 62.716836, 62.014597 ] }, { "date": "2025-09-05", "close": 66.048164, "volume": 468890, "typical_volume": 957472.0, "trend": 61.841818, "fair_value": 52.535628, "relative_strength": -6.561221, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.874462, "energy": 55.351334, "activity_lines": [ 65.046932, 63.989592, 63.112244, 62.283629 ] }, { "date": "2025-09-12", "close": 64.564375, "volume": 691756, "typical_volume": 943036.9, "trend": 61.793823, "fair_value": 52.602641, "relative_strength": -10.235508, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.17698, "energy": 55.002562, "activity_lines": [ 65.181319, 64.090235, 63.328729, 62.459278 ] }, { "date": "2025-09-19", "close": 65.53079, "volume": 1354794, "typical_volume": 953941.55, "trend": 61.822262, "fair_value": 52.683518, "relative_strength": -10.6562, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.151982, "energy": 49.864021, "activity_lines": [ 65.401609, 64.402302, 63.611425, 62.700373 ] }, { "date": "2025-09-26", "close": 63.597959, "volume": 628948, "typical_volume": 942993.85, "trend": 61.731798, "fair_value": 52.75804, "relative_strength": -12.784205, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.938273, "energy": 30.098185, "activity_lines": [ 64.755705, 64.381264, 63.689235, 62.814934 ] }, { "date": "2025-10-03", "close": 62.719399, "volume": 1249427, "typical_volume": 954329.05, "trend": 61.774192, "fair_value": 52.815595, "relative_strength": -14.851645, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.103371, "energy": 15.729865, "activity_lines": [ 63.983874, 64.208325, 63.670986, 62.87865 ] }, { "date": "2025-10-10", "close": 59.58587, "volume": 1316477, "typical_volume": 979365.5, "trend": 61.709251, "fair_value": 52.831465, "relative_strength": -16.950441, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.085892, "energy": 11.671352, "activity_lines": [ 62.348452, 63.471322, 63.354544, 62.737468 ] }, { "date": "2025-10-17", "close": 60.278956, "volume": 1651482, "typical_volume": 1028881.3, "trend": 61.675103, "fair_value": 52.843827, "relative_strength": -17.616627, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.814796, "energy": 23.492413, "activity_lines": [ 61.374878, 62.852869, 63.105615, 62.645191 ] }, { "date": "2025-10-24", "close": 61.684651, "volume": 1290455, "typical_volume": 1056378.15, "trend": 61.68653, "fair_value": 52.820482, "relative_strength": -17.210199, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.757676, "energy": 22.247999, "activity_lines": [ 61.155563, 62.503487, 62.987936, 62.645807 ] }, { "date": "2025-10-31", "close": 58.951355, "volume": 997548, "typical_volume": 1067639.75, "trend": 61.840448, "fair_value": 52.787728, "relative_strength": -21.972015, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.56996, "energy": 43.233557, "activity_lines": [ 60.281559, 61.666548, 62.604176, 62.469344 ] }, { "date": "2025-11-07", "close": 59.964054, "volume": 1052886, "typical_volume": 1056339.75, "trend": 62.028443, "fair_value": 52.771052, "relative_strength": -17.60911, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.93482, "energy": 43.613593, "activity_lines": [ 60.054895, 61.143745, 62.319959, 62.348286 ] }, { "date": "2025-11-14", "close": 60.564482, "volume": 840464, "typical_volume": 1046873.0, "trend": 62.108917, "fair_value": 52.764125, "relative_strength": -16.087218, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.748922, "energy": 32.78682, "activity_lines": [ 60.212063, 60.829549, 62.092722, 62.253837 ] }, { "date": "2025-11-21", "close": 61.332242, "volume": 1060166, "typical_volume": 1060787.1, "trend": 62.181978, "fair_value": 52.751001, "relative_strength": -11.754999, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.839699, "energy": 22.552767, "activity_lines": [ 60.559911, 60.75465, 61.945553, 62.203729 ] }, { "date": "2025-11-28", "close": 61.824396, "volume": 766262, "typical_volume": 1043194.0, "trend": 62.20408, "fair_value": 52.746705, "relative_strength": -14.672476, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -37.061353, "energy": 19.599786, "activity_lines": [ 61.00159, 60.827999, 61.870001, 62.180659 ] }, { "date": "2025-12-05", "close": 63.527249, "volume": 732469, "typical_volume": 1007866.9, "trend": 62.288434, "fair_value": 52.778737, "relative_strength": -12.683857, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.64139, "energy": 13.718489, "activity_lines": [ 62.001572, 61.278347, 61.979072, 62.266025 ] }, { "date": "2025-12-12", "close": 65.31869, "volume": 882123, "typical_volume": 993090.2, "trend": 62.373404, "fair_value": 52.848292, "relative_strength": -8.141795, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.283913, "energy": 21.6646, "activity_lines": [ 63.29364, 62.055697, 62.261146, 62.461525 ] }, { "date": "2025-12-19", "close": 65.19073, "volume": 1544870, "typical_volume": 1010948.95, "trend": 62.549699, "fair_value": 52.908857, "relative_strength": -8.586613, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.711019, "energy": 30.934956, "activity_lines": [ 64.186079, 62.762521, 62.52014, 62.643288 ] }, { "date": "2025-12-26", "close": 63.596151, "volume": 566205, "typical_volume": 979959.2, "trend": 62.678654, "fair_value": 52.958009, "relative_strength": -11.607026, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.534879, "energy": 32.203406, "activity_lines": [ 64.238576, 63.077516, 62.598625, 62.710801 ] }, { "date": "2026-01-02", "close": 61.489731, "volume": 562859, "typical_volume": 954609.0, "trend": 62.712529, "fair_value": 52.991106, "relative_strength": -12.695267, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 3.311039, "energy": 13.26266, "activity_lines": [ 63.438005, 62.949213, 62.464235, 62.634097 ] }, { "date": "2026-01-09", "close": 63.271329, "volume": 860047, "typical_volume": 960131.4, "trend": 62.834855, "fair_value": 53.030915, "relative_strength": -11.780166, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.513055, "energy": 9.23482, "activity_lines": [ 63.253611, 63.14838, 62.502912, 62.670148 ] }, { "date": "2026-01-16", "close": 63.852071, "volume": 739088, "typical_volume": 962860.8, "trend": 62.965882, "fair_value": 53.074731, "relative_strength": -9.801319, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.715615, "energy": 3.535535, "activity_lines": [ 63.27986, 63.374592, 62.610377, 62.735775 ] }, { "date": "2026-01-23", "close": 60.49558, "volume": 1235602, "typical_volume": 1001196.4, "trend": 62.914948, "fair_value": 53.106901, "relative_strength": -14.326737, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.513788, "energy": 15.328913, "activity_lines": [ 62.285052, 62.919842, 62.405706, 62.576401 ] }, { "date": "2026-01-30", "close": 60.869617, "volume": 1545706, "typical_volume": 1043893.9, "trend": 62.726316, "fair_value": 53.117418, "relative_strength": -13.208708, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.092726, "energy": 21.977745, "activity_lines": [ 61.727934, 62.534351, 62.263097, 62.444444 ] }, { "date": "2026-02-06", "close": 64.077224, "volume": 1564520, "typical_volume": 1054380.2, "trend": 62.644281, "fair_value": 53.164327, "relative_strength": -6.421923, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.494144, "energy": 4.349891, "activity_lines": [ 62.421787, 62.740472, 62.44357, 62.531599 ] }, { "date": "2026-02-13", "close": 63.690321, "volume": 1480536, "typical_volume": 1096959.6, "trend": 62.632991, "fair_value": 53.205441, "relative_strength": -5.510092, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.280583, "energy": 3.327943, "activity_lines": [ 62.814172, 62.835288, 62.594116, 62.599086 ] }, { "date": "2026-02-20", "close": 63.829209, "volume": 1484768, "typical_volume": 1108726.65, "trend": 62.659592, "fair_value": 53.249731, "relative_strength": -6.073833, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.816083, "energy": 21.195077, "activity_lines": [ 63.224921, 62.95239, 62.75745, 62.676261 ] }, { "date": "2026-02-27", "close": 58.382794, "volume": 2122305, "typical_volume": 1149018.05, "trend": 62.633176, "fair_value": 53.262994, "relative_strength": -13.3507, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.49681, "energy": 22.485228, "activity_lines": [ 61.821722, 62.106317, 62.396792, 62.400339 ] }, { "date": "2026-03-06", "close": 59.603029, "volume": 1820827, "typical_volume": 1157485.3, "trend": 62.585916, "fair_value": 53.321966, "relative_strength": -10.019039, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.595977, "energy": 37.988529, "activity_lines": [ 60.966121, 61.605886, 62.158077, 62.204845 ] }, { "date": "2026-03-13", "close": 58.591127, "volume": 1713923, "typical_volume": 1178658.7, "trend": 62.465552, "fair_value": 53.391024, "relative_strength": -10.175271, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.975358, "energy": 53.268978, "activity_lines": [ 59.857658, 60.994074, 61.826208, 61.947117 ] }, { "date": "2026-03-20", "close": 57.608986, "volume": 2860465, "typical_volume": 1271804.55, "trend": 62.182457, "fair_value": 53.4491, "relative_strength": -9.449589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.058582, "energy": 63.122664, "activity_lines": [ 58.787555, 60.256393, 61.415534, 61.63379 ] }, { "date": "2026-03-27", "close": 59.265728, "volume": 1543903, "typical_volume": 1296355.4, "trend": 61.976875, "fair_value": 53.518311, "relative_strength": -3.296522, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.334206, "energy": 57.297653, "activity_lines": [ 58.675121, 59.92289, 61.169036, 61.445614 ] }, { "date": "2026-04-03", "close": 61.110962, "volume": 892622, "typical_volume": 1298963.3, "trend": 61.812302, "fair_value": 53.607579, "relative_strength": -3.68396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.137941, "energy": 41.19227, "activity_lines": [ 59.481998, 60.008272, 61.101601, 61.389749 ] }, { "date": "2026-04-10", "close": 63.481988, "volume": 1160512, "typical_volume": 1303980.6, "trend": 61.776222, "fair_value": 53.719989, "relative_strength": -3.942274, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.741002, "energy": 10.708037, "activity_lines": [ 60.897338, 60.513561, 61.257375, 61.49747 ] }, { "date": "2026-04-17", "close": 64.067304, "volume": 830508, "typical_volume": 1307192.9, "trend": 61.727439, "fair_value": 53.842551, "relative_strength": -8.165161, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.86117, "energy": 14.729308, "activity_lines": [ 62.249187, 61.077773, 61.458657, 61.645282 ] }, { "date": "2026-04-24", "close": 65.773649, "volume": 1448608, "typical_volume": 1342999.85, "trend": 61.799962, "fair_value": 53.978908, "relative_strength": -7.31175, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.715249, "energy": 40.538252, "activity_lines": [ 63.804738, 61.95241, 61.811767, 61.906328 ] }, { "date": "2026-05-01", "close": 65.347063, "volume": 1522971, "typical_volume": 1375042.25, "trend": 61.887551, "fair_value": 54.137178, "relative_strength": -8.845939, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.976891, "energy": 51.308749, "activity_lines": [ 64.673784, 62.711607, 62.113553, 62.135173 ] }, { "date": "2026-05-08", "close": 65.67, "volume": 1349028, "typical_volume": 1365250.15, "trend": 62.090356, "fair_value": 54.314946, "relative_strength": -12.647921, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.248347, "energy": 64.419511, "activity_lines": [ 65.245053, 63.501923, 62.44596, 62.379202 ] }, { "date": "2026-05-15", "close": 62.58, "volume": 1384533, "typical_volume": 1406166.55, "trend": 62.167057, "fair_value": 54.45317, "relative_strength": -15.99085, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.962943, "energy": 50.31024, "activity_lines": [ 64.482386, 63.597926, 62.481799, 62.410792 ] }, { "date": "2026-05-22", "close": 64.65, "volume": 975135, "typical_volume": 1426780.35, "trend": 62.265902, "fair_value": 54.603335, "relative_strength": -13.812306, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.303586, "energy": 34.208749, "activity_lines": [ 64.469852, 64.016166, 62.719619, 62.570982 ] }, { "date": "2026-05-29", "close": 65.0, "volume": 832016, "typical_volume": 1425378.8, "trend": 62.467524, "fair_value": 54.743856, "relative_strength": -15.356123, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.739613, "energy": 33.586675, "activity_lines": [ 64.535138, 64.387881, 62.975724, 62.747375 ] }, { "date": "2026-06-05", "close": 64.86, "volume": 1042838, "typical_volume": 1440566.3, "trend": 62.630722, "fair_value": 54.891789, "relative_strength": -11.185043, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.660954, "energy": 29.480918, "activity_lines": [ 64.605333, 64.599759, 63.210264, 62.901728 ] }, { "date": "2026-06-12", "close": 67.24, "volume": 1061981, "typical_volume": 1431885.25, "trend": 62.853239, "fair_value": 55.054806, "relative_strength": -9.663459, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.179366, "energy": 52.277663, "activity_lines": [ 65.501333, 65.142651, 63.66667, 63.199101 ] }, { "date": "2026-06-19", "close": 64.83, "volume": 1293464, "typical_volume": 1419273.15, "trend": 62.969831, "fair_value": 55.218187, "relative_strength": -14.745621, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.364868, "energy": 43.808256, "activity_lines": [ 65.489333, 65.135923, 63.861437, 63.326634 ] }, { "date": "2026-06-26", "close": 67.78, "volume": 1715173, "typical_volume": 1426805.8, "trend": 63.168351, "fair_value": 55.400651, "relative_strength": -6.35797, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.272121, "energy": 56.803213, "activity_lines": [ 66.310667, 65.64105, 64.318297, 63.636968 ] }, { "date": "2026-07-03", "close": 66.687097, "volume": 1105415, "typical_volume": 1408049.75, "trend": 63.273679, "fair_value": 55.570915, "relative_strength": -8.197885, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.861867, "energy": 54.132697, "activity_lines": [ 66.559032, 65.879964, 64.653439, 63.863984 ] }, { "date": "2026-07-10", "close": 67.094149, "volume": 1947331, "typical_volume": 1431177.9, "trend": 63.332861, "fair_value": 55.732247, "relative_strength": -8.798885, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.433981, "energy": 46.781099, "activity_lines": [ 66.830609, 66.176279, 65.013077, 64.110465 ] }, { "date": "2026-07-17", "close": 70.568987, "volume": 2748065, "typical_volume": 1462465.9, "trend": 63.512137, "fair_value": 55.927799, "relative_strength": 0.335547, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.680186, "energy": 68.130334, "activity_lines": [ 68.111521, 67.072618, 65.688105, 64.577312 ] }, { "date": "2026-07-24", "close": 69.784666, "volume": 2539585, "typical_volume": 1498403.8, "trend": 63.71842, "fair_value": 56.100606, "relative_strength": 1.016487, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.983861, "energy": 65.481974, "activity_lines": [ 68.909061, 67.73728, 66.230406, 64.981992 ] }, { "date": "2026-07-31", "close": 69.903803, "volume": 1552178, "typical_volume": 1490316.55, "trend": 63.998889, "fair_value": 56.268262, "relative_strength": 0.743875, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.331876, "energy": 68.559879, "activity_lines": [ 69.416002, 68.29261, 66.73557, 65.381049 ] }, { "date": "2026-08-07", "close": 70.67, "volume": 1797199, "typical_volume": 1437153.25, "trend": 64.245512, "fair_value": 56.447941, "relative_strength": -2.923802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.22388, "energy": 71.176394, "activity_lines": [ 70.036756, 68.891724, 67.259835, 65.811443 ] } ], "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." } } }