{ "ticker": { "uuid": "396b02fa-2b16-48bd-9210-de5cdfbd62f3", "symbol": "PRLB", "name": "Proto Labs, Inc.", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late 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": 85.602, "architecture_energy": 63.953, "architecture_maturity": 90.152, "architecture_confidence": 64.097, "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": 26.86, "rotation_up": 55.24, "upward_expansion": 78.34, "deceleration": 74.3, "rotation_down": 24.94, "downward_expansion": 9.67 }, "activity_lines": [ 70.189999, 69.095454, 65.975571, 62.527075 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 76.599998, "trend_reference": 58.164, "distance_from_trend": 0.316966, "trend_direction": "Improving", "fair_value": 38.587692, "distance_from_fair_value": 0.985089, "fair_value_direction": "Improving", "relative_strength": 22.391614, "relative_strength_direction": "Improving", "price_momentum": 0.449385, "excess_performance": 0.275138, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.316966, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.163691, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.985089, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.34066, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.223916, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.08338, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.449385, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.0, "read": "Demand-led" } ], "volume": { "latest": 206, "relative_activity": 5.188917, "balance": 1.0, "dry_up": 3.564232, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.056437, "annualized_volatility": 0.366577, "from_high_reference": -0.024825, "from_low_reference": 0.926559 }, "levels": { "trend_reference": 58.164, "fair_value_reference": 38.587692, "structural_low": 47.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": -0.010491, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.011105, "regime_survival": 0.666667, "best_return": 0.151589, "worst_return": -0.207224, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.000506, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.127144, "regime_survival": 0.428571, "best_return": 0.45, "worst_return": -0.188738, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.05481, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.134369, "regime_survival": 0.25, "best_return": 0.18049, "worst_return": -0.219933, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.009211, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.265826, "regime_survival": 0.0, "best_return": 0.057692, "worst_return": -0.076114, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-01", "end": "2024-11-15", "tenure": "New", "return": 0.11179, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-22", "end": "2025-01-10", "tenure": "Developing", "return": -0.09666, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": 0.132025, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-03-07", "tenure": "New", "return": -0.180608, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -0.014388, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-05-02", "tenure": "Developing", "return": 0.200974, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-09", "end": "2025-06-27", "tenure": "Developing", "return": -0.039731, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-08-01", "tenure": "Developing", "return": 0.078071, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-08", "end": "2025-08-29", "tenure": "New", "return": 0.057271, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-11-14", "tenure": "Developing", "return": -0.008482, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": 0.063158, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-20", "tenure": "Established", "return": 0.079642, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.117671, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.39781, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 26.34, "volume": 0, "typical_volume": 17.0, "trend": 29.616334, "fair_value": 62.111026, "relative_strength": -12.882615, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.503868, "energy": 74.314819, "activity_lines": [ 27.046667, 28.564727, 29.248095, 29.337807 ] }, { "date": "2023-08-25", "close": 26.940001, "volume": 0, "typical_volume": 17.0, "trend": 29.639834, "fair_value": 61.549423, "relative_strength": -9.474163, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.538557, "energy": 74.746099, "activity_lines": [ 26.721334, 28.091273, 29.043048, 29.16514 ] }, { "date": "2023-09-01", "close": 27.879999, "volume": 0, "typical_volume": 17.0, "trend": 29.532, "fair_value": 60.929744, "relative_strength": -7.557552, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.578553, "energy": 67.629852, "activity_lines": [ 26.984, 27.872364, 28.93381, 29.051602 ] }, { "date": "2023-09-08", "close": 26.219999, "volume": 0, "typical_volume": 17.0, "trend": 29.203, "fair_value": 60.286603, "relative_strength": -11.433064, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.770085, "energy": 61.297002, "activity_lines": [ 26.810666, 27.390182, 28.666, 28.837925 ] }, { "date": "2023-09-15", "close": 25.280001, "volume": 0, "typical_volume": 17.0, "trend": 29.006167, "fair_value": 59.684551, "relative_strength": -14.811911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.484225, "energy": 58.342229, "activity_lines": [ 26.342667, 26.843636, 28.309238, 28.584828 ] }, { "date": "2023-09-22", "close": 24.459999, "volume": 0, "typical_volume": 0.0, "trend": 28.831667, "fair_value": 59.128526, "relative_strength": -15.937687, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.936422, "energy": 74.976619, "activity_lines": [ 25.652, 26.261454, 27.875619, 28.291527 ] }, { "date": "2023-09-29", "close": 24.940001, "volume": 0, "typical_volume": 0.0, "trend": 28.572, "fair_value": 58.561795, "relative_strength": -13.389638, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.092155, "energy": 81.506022, "activity_lines": [ 25.246667, 25.880364, 27.506381, 28.040452 ] }, { "date": "2023-10-06", "close": 24.6, "volume": 0, "typical_volume": 0.0, "trend": 28.360667, "fair_value": 57.915321, "relative_strength": -12.176378, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.087531, "energy": 83.925385, "activity_lines": [ 24.861333, 25.548727, 27.120476, 27.784194 ] }, { "date": "2023-10-13", "close": 24.280001, "volume": 0, "typical_volume": 0.0, "trend": 28.191167, "fair_value": 57.269039, "relative_strength": -13.01186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.623222, "energy": 85.974577, "activity_lines": [ 24.588, 25.250546, 26.728381, 27.520925 ] }, { "date": "2023-10-20", "close": 23.5, "volume": 0, "typical_volume": 0.0, "trend": 28.001167, "fair_value": 56.686667, "relative_strength": -11.464927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.899576, "energy": 83.307387, "activity_lines": [ 24.184, 24.850909, 26.287048, 27.218269 ] }, { "date": "2023-10-27", "close": 22.120001, "volume": 0, "typical_volume": 0.0, "trend": 27.736, "fair_value": 56.166923, "relative_strength": -15.1927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.450071, "energy": 88.567546, "activity_lines": [ 23.438667, 24.246546, 25.746762, 26.838839 ] }, { "date": "2023-11-03", "close": 28.379999, "volume": 1298, "typical_volume": 64.9, "trend": 27.74, "fair_value": 55.63891, "relative_strength": 3.558991, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.59728, "energy": 33.813067, "activity_lines": [ 24.936, 24.857091, 25.851238, 26.880387 ] }, { "date": "2023-11-10", "close": 31.860001, "volume": 0, "typical_volume": 64.9, "trend": 27.876, "fair_value": 55.137051, "relative_strength": 14.89434, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 4.808145, "energy": 19.540202, "activity_lines": [ 27.364, 26.074182, 26.302191, 27.146194 ] }, { "date": "2023-11-17", "close": 32.919998, "volume": 600, "typical_volume": 94.9, "trend": 28.095333, "fair_value": 54.622116, "relative_strength": 15.421586, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.91146, "energy": 52.596056, "activity_lines": [ 29.661333, 27.411636, 26.845238, 27.471613 ] }, { "date": "2023-11-24", "close": 33.82, "volume": 0, "typical_volume": 94.9, "trend": 28.371333, "fair_value": 54.102372, "relative_strength": 18.581088, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.946386, "energy": 62.191458, "activity_lines": [ 31.682666, 28.790909, 27.47, 27.840946 ] }, { "date": "2023-12-01", "close": 33.700001, "volume": 0, "typical_volume": 94.9, "trend": 28.548667, "fair_value": 53.600128, "relative_strength": 15.301611, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.544186, "energy": 78.956387, "activity_lines": [ 32.976, 29.993091, 28.072381, 28.184731 ] }, { "date": "2023-12-08", "close": 34.419998, "volume": 0, "typical_volume": 94.9, "trend": 28.754667, "fair_value": 53.04, "relative_strength": 16.84167, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 52.197655, "energy": 83.05183, "activity_lines": [ 33.737333, 31.158181, 28.729143, 28.563527 ] }, { "date": "2023-12-15", "close": 34.919998, "volume": 0, "typical_volume": 94.9, "trend": 28.928667, "fair_value": 52.431154, "relative_strength": 16.163856, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 78.747395, "energy": 92.095318, "activity_lines": [ 34.262666, 32.241818, 29.417524, 28.96129 ] }, { "date": "2023-12-22", "close": 35.919998, "volume": 0, "typical_volume": 94.9, "trend": 29.141333, "fair_value": 51.613013, "relative_strength": 17.413198, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.486085, "energy": 91.965813, "activity_lines": [ 34.917332, 33.319635, 30.176, 29.412344 ] }, { "date": "2023-12-29", "close": 36.080002, "volume": 0, "typical_volume": 94.9, "trend": 29.333333, "fair_value": 51.017692, "relative_strength": 16.26577, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.497818, "energy": 87.363835, "activity_lines": [ 35.425333, 34.214909, 30.904857, 29.86 ] }, { "date": "2024-01-05", "close": 32.740002, "volume": 0, "typical_volume": 94.9, "trend": 29.347333, "fair_value": 50.251923, "relative_strength": 5.268703, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.925775, "energy": 65.09296, "activity_lines": [ 34.669334, 34.274182, 31.267809, 30.079785 ] }, { "date": "2024-01-12", "close": 33.02, "volume": 0, "typical_volume": 94.9, "trend": 29.396667, "fair_value": 49.564231, "relative_strength": 6.695932, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.225469, "energy": 54.139799, "activity_lines": [ 34.070667, 34.191273, 31.626952, 30.316731 ] }, { "date": "2024-01-19", "close": 32.66, "volume": 0, "typical_volume": 94.9, "trend": 29.485333, "fair_value": 48.766539, "relative_strength": 6.816875, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.985573, "energy": 41.12315, "activity_lines": [ 33.445334, 33.958545, 31.922857, 30.527269 ] }, { "date": "2024-01-26", "close": 34.439999, "volume": 50, "typical_volume": 97.4, "trend": 29.564, "fair_value": 47.807821, "relative_strength": 8.514721, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.461602, "energy": 33.574833, "activity_lines": [ 33.564, 34.034909, 32.365524, 30.846925 ] }, { "date": "2024-02-02", "close": 33.740002, "volume": 0, "typical_volume": 97.4, "trend": 29.638, "fair_value": 46.857757, "relative_strength": 6.632418, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.783976, "energy": 36.682331, "activity_lines": [ 33.548001, 33.956364, 32.702381, 31.116344 ] }, { "date": "2024-02-09", "close": 35.18, "volume": 295, "typical_volume": 112.15, "trend": 29.786667, "fair_value": 46.070769, "relative_strength": 13.893448, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.691686, "energy": 54.05502, "activity_lines": [ 34.168, 34.141091, 33.136095, 31.473892 ] }, { "date": "2024-02-16", "close": 33.959999, "volume": 10, "typical_volume": 112.65, "trend": 29.883333, "fair_value": 45.344872, "relative_strength": 8.164978, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.625406, "energy": 48.347326, "activity_lines": [ 34.218667, 34.077091, 33.402571, 31.74314 ] }, { "date": "2024-02-23", "close": 33.580002, "volume": 0, "typical_volume": 112.65, "trend": 30.014667, "fair_value": 44.784487, "relative_strength": 7.348602, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.044582, "energy": 42.809504, "activity_lines": [ 34.080001, 33.952364, 33.589905, 31.981635 ] }, { "date": "2024-03-01", "close": 33.34, "volume": 0, "typical_volume": 112.65, "trend": 30.242667, "fair_value": 44.369616, "relative_strength": 6.640896, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.290017, "energy": 32.772911, "activity_lines": [ 33.8, 33.808364, 33.711619, 32.196172 ] }, { "date": "2024-03-08", "close": 34.360001, "volume": 0, "typical_volume": 112.65, "trend": 30.52, "fair_value": 43.86968, "relative_strength": 9.633467, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.044682, "energy": 31.688171, "activity_lines": [ 33.933334, 33.896728, 33.887334, 32.461807 ] }, { "date": "2024-03-15", "close": 31.02, "volume": 0, "typical_volume": 112.65, "trend": 30.676, "fair_value": 43.403462, "relative_strength": -1.878818, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.634083, "energy": 9.754312, "activity_lines": [ 32.912, 33.409091, 33.693238, 32.494065 ] }, { "date": "2024-03-22", "close": 32.32, "volume": 0, "typical_volume": 47.75, "trend": 30.855333, "fair_value": 42.955834, "relative_strength": -0.288443, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.259162, "energy": 13.736904, "activity_lines": [ 32.601334, 33.189091, 33.580572, 32.600129 ] }, { "date": "2024-03-29", "close": 33.080002, "volume": 0, "typical_volume": 47.75, "trend": 31.028667, "fair_value": 42.489039, "relative_strength": 1.009061, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.78272, "energy": 13.522301, "activity_lines": [ 32.653334, 33.120001, 33.521524, 32.743656 ] }, { "date": "2024-04-05", "close": 31.700001, "volume": 0, "typical_volume": 17.75, "trend": 31.211334, "fair_value": 42.08359, "relative_strength": -4.050113, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.496679, "energy": 17.291405, "activity_lines": [ 32.278668, 32.792364, 33.325239, 32.786968 ] }, { "date": "2024-04-12", "close": 30.200001, "volume": 0, "typical_volume": 17.75, "trend": 31.375334, "fair_value": 41.700257, "relative_strength": -8.28123, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -15.182082, "energy": 30.595654, "activity_lines": [ 31.513334, 32.241819, 32.991905, 32.721721 ] }, { "date": "2024-04-19", "close": 29.5, "volume": 0, "typical_volume": 17.75, "trend": 31.543334, "fair_value": 41.310513, "relative_strength": -10.001699, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.264305, "energy": 52.089627, "activity_lines": [ 30.792001, 31.628364, 32.609143, 32.600732 ] }, { "date": "2024-04-26", "close": 29.52, "volume": 0, "typical_volume": 17.75, "trend": 31.696, "fair_value": 40.906154, "relative_strength": -10.316919, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.243288, "energy": 65.120131, "activity_lines": [ 30.178667, 31.121819, 32.248286, 32.470194 ] }, { "date": "2024-05-03", "close": 29.459999, "volume": 17, "typical_volume": 18.6, "trend": 31.858, "fair_value": 40.553975, "relative_strength": -11.449209, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.575967, "energy": 67.145681, "activity_lines": [ 29.732, 30.685091, 31.905048, 32.325936 ] }, { "date": "2024-05-10", "close": 29.5, "volume": 0, "typical_volume": 18.6, "trend": 32.032, "fair_value": 40.236346, "relative_strength": -13.46884, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.173131, "energy": 67.976511, "activity_lines": [ 29.54, 30.330546, 31.591619, 32.173807 ] }, { "date": "2024-05-17", "close": 30.120001, "volume": 0, "typical_volume": 18.6, "trend": 32.252667, "fair_value": 39.968205, "relative_strength": -12.909352, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.637779, "energy": 74.750548, "activity_lines": [ 29.701333, 30.158546, 31.36781, 32.050452 ] }, { "date": "2024-05-24", "close": 28.700001, "volume": 0, "typical_volume": 18.6, "trend": 32.472, "fair_value": 39.672692, "relative_strength": -16.610017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.062015, "energy": 72.717461, "activity_lines": [ 29.394667, 29.805455, 31.037143, 31.821248 ] }, { "date": "2024-05-31", "close": 28.48, "volume": 0, "typical_volume": 18.6, "trend": 32.475334, "fair_value": 39.384423, "relative_strength": -15.588297, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.086224, "energy": 71.318256, "activity_lines": [ 29.068, 29.454546, 30.704762, 31.563699 ] }, { "date": "2024-06-07", "close": 29.860001, "volume": 0, "typical_volume": 18.6, "trend": 32.408667, "fair_value": 39.114616, "relative_strength": -10.391329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.911912, "energy": 49.16634, "activity_lines": [ 29.270667, 29.424364, 30.525429, 31.394968 ] }, { "date": "2024-06-14", "close": 28.639999, "volume": 0, "typical_volume": 16.1, "trend": 32.266, "fair_value": 38.828334, "relative_strength": -10.691937, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.288509, "energy": 57.066173, "activity_lines": [ 29.04, 29.230909, 30.243238, 31.151828 ] }, { "date": "2024-06-21", "close": 28.02, "volume": 0, "typical_volume": 16.1, "trend": 32.072667, "fair_value": 38.500898, "relative_strength": -13.646939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.225908, "energy": 66.818221, "activity_lines": [ 28.66, 28.980364, 29.929619, 30.877893 ] }, { "date": "2024-06-28", "close": 28.34, "volume": 0, "typical_volume": 1.35, "trend": 31.894, "fair_value": 38.190898, "relative_strength": -12.662461, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.712641, "energy": 57.707891, "activity_lines": [ 28.526667, 28.827636, 29.673715, 30.637076 ] }, { "date": "2024-07-05", "close": 28.5, "volume": 0, "typical_volume": 0.85, "trend": 31.696667, "fair_value": 37.871667, "relative_strength": -14.069658, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.203056, "energy": 66.233436, "activity_lines": [ 28.470667, 28.725091, 29.465619, 30.418108 ] }, { "date": "2024-07-12", "close": 29.32, "volume": 0, "typical_volume": 0.85, "trend": 31.51, "fair_value": 37.591346, "relative_strength": -11.198542, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.188697, "energy": 48.481512, "activity_lines": [ 28.686667, 28.790182, 29.361619, 30.264774 ] }, { "date": "2024-07-19", "close": 29.780001, "volume": 0, "typical_volume": 0.85, "trend": 31.305334, "fair_value": 37.313975, "relative_strength": -8.65009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.193129, "energy": 30.313992, "activity_lines": [ 29.092, 28.941455, 29.321715, 30.153162 ] }, { "date": "2024-07-26", "close": 31.559999, "volume": 0, "typical_volume": 0.85, "trend": 31.154667, "fair_value": 37.092564, "relative_strength": -3.056819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.544442, "energy": 15.041896, "activity_lines": [ 30.014667, 29.411273, 29.468286, 30.169592 ] }, { "date": "2024-08-02", "close": 26.040001, "volume": 0, "typical_volume": 0.85, "trend": 30.931334, "fair_value": 36.8175, "relative_strength": -16.570666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.814485, "energy": 28.803704, "activity_lines": [ 28.861334, 28.851273, 29.102476, 29.839613 ] }, { "date": "2024-08-09", "close": 25.74, "volume": 436, "typical_volume": 22.65, "trend": 30.688667, "fair_value": 36.545, "relative_strength": -18.141665, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.886466, "energy": 44.69686, "activity_lines": [ 27.761334, 28.285091, 28.73181, 29.504688 ] }, { "date": "2024-08-16", "close": 27.34, "volume": 0, "typical_volume": 22.65, "trend": 30.511334, "fair_value": 36.333077, "relative_strength": -14.460319, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.680357, "energy": 43.139452, "activity_lines": [ 27.378667, 28.059636, 28.544857, 29.288645 ] }, { "date": "2024-08-23", "close": 27.66, "volume": 0, "typical_volume": 22.65, "trend": 30.285334, "fair_value": 36.124167, "relative_strength": -14.699405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.499094, "energy": 62.720508, "activity_lines": [ 27.234667, 27.938182, 28.415714, 29.104688 ] }, { "date": "2024-08-30", "close": 27.4, "volume": 0, "typical_volume": 22.65, "trend": 30.074, "fair_value": 35.890192, "relative_strength": -16.148465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.495367, "energy": 56.867585, "activity_lines": [ 27.145333, 27.787273, 28.281048, 28.918538 ] }, { "date": "2024-09-06", "close": 25.68, "volume": 0, "typical_volume": 22.65, "trend": 29.757334, "fair_value": 35.650962, "relative_strength": -17.940801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.897905, "energy": 50.119945, "activity_lines": [ 26.76, 27.334909, 27.995905, 28.635054 ] }, { "date": "2024-09-13", "close": 26.9, "volume": 0, "typical_volume": 22.65, "trend": 29.522, "fair_value": 35.433334, "relative_strength": -14.462677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.999657, "energy": 38.66119, "activity_lines": [ 26.805333, 27.152727, 27.845143, 28.45071 ] }, { "date": "2024-09-20", "close": 26.639999, "volume": 0, "typical_volume": 21.8, "trend": 29.290667, "fair_value": 35.20891, "relative_strength": -15.516989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.495472, "energy": 38.533487, "activity_lines": [ 26.686666, 26.952363, 27.682095, 28.264774 ] }, { "date": "2024-09-27", "close": 26.559999, "volume": 0, "typical_volume": 21.8, "trend": 29.064667, "fair_value": 35.008975, "relative_strength": -16.409164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.895238, "energy": 37.739996, "activity_lines": [ 26.587999, 26.786181, 27.524857, 28.088602 ] }, { "date": "2024-10-04", "close": 26.200001, "volume": 5, "typical_volume": 22.05, "trend": 28.792667, "fair_value": 34.8, "relative_strength": -16.544813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.106735, "energy": 35.294702, "activity_lines": [ 26.442667, 26.613091, 27.347333, 27.903785 ] }, { "date": "2024-10-11", "close": 26.0, "volume": 0, "typical_volume": 22.05, "trend": 28.625333, "fair_value": 34.577244, "relative_strength": -17.213344, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.443328, "energy": 36.655531, "activity_lines": [ 26.310667, 26.501091, 27.169429, 27.723613 ] }, { "date": "2024-10-18", "close": 26.74, "volume": 5, "typical_volume": 22.3, "trend": 28.439333, "fair_value": 34.353141, "relative_strength": -15.084434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.401714, "energy": 31.450486, "activity_lines": [ 26.404, 26.524364, 27.074857, 27.601979 ] }, { "date": "2024-10-25", "close": 25.02, "volume": 0, "typical_volume": 22.3, "trend": 28.170667, "fair_value": 34.185321, "relative_strength": -19.503728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.018792, "energy": 40.100554, "activity_lines": [ 25.934667, 26.216727, 26.824762, 27.381376 ] }, { "date": "2024-11-01", "close": 32.740002, "volume": 2094, "typical_volume": 127.0, "trend": 28.205333, "fair_value": 34.049039, "relative_strength": 6.874258, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 12.3795, "energy": 15.708814, "activity_lines": [ 28.146667, 27.354909, 27.332953, 27.676172 ] }, { "date": "2024-11-08", "close": 36.380001, "volume": 423, "typical_volume": 148.15, "trend": 28.411333, "fair_value": 33.951795, "relative_strength": 17.956176, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.372875, "energy": 66.350256, "activity_lines": [ 31.160001, 29.062546, 28.168286, 28.20357 ] }, { "date": "2024-11-15", "close": 36.400002, "volume": 0, "typical_volume": 148.15, "trend": 28.641334, "fair_value": 33.878077, "relative_strength": 17.783973, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.347071, "energy": 92.27934, "activity_lines": [ 33.501335, 30.610546, 28.965715, 28.718968 ] }, { "date": "2024-11-22", "close": 39.52, "volume": 0, "typical_volume": 148.15, "trend": 28.974667, "fair_value": 33.845769, "relative_strength": 28.494585, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.101875, "energy": 95.891613, "activity_lines": [ 36.189334, 32.53091, 30.021905, 29.420818 ] }, { "date": "2024-11-29", "close": 38.720001, "volume": 0, "typical_volume": 148.15, "trend": 29.283334, "fair_value": 33.81718, "relative_strength": 25.442069, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.703173, "energy": 91.210411, "activity_lines": [ 37.758668, 34.076364, 30.949429, 30.049549 ] }, { "date": "2024-12-06", "close": 39.720001, "volume": 377, "typical_volume": 167.0, "trend": 29.624, "fair_value": 33.790385, "relative_strength": 26.885249, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.590962, "energy": 92.078566, "activity_lines": [ 38.748001, 35.584001, 31.927429, 30.722882 ] }, { "date": "2024-12-13", "close": 41.560001, "volume": 0, "typical_volume": 167.0, "trend": 30.005334, "fair_value": 33.762821, "relative_strength": 30.132463, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.543727, "energy": 93.130552, "activity_lines": [ 39.885334, 37.18691, 33.033334, 31.492947 ] }, { "date": "2024-12-20", "close": 39.68, "volume": 0, "typical_volume": 167.0, "trend": 30.371334, "fair_value": 33.717308, "relative_strength": 26.120855, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.762366, "energy": 71.543582, "activity_lines": [ 40.050667, 38.168728, 33.912572, 32.117119 ] }, { "date": "2024-12-27", "close": 37.84, "volume": 0, "typical_volume": 145.2, "trend": 30.683334, "fair_value": 33.660385, "relative_strength": 18.937331, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.341276, "energy": 64.21058, "activity_lines": [ 39.384, 38.567273, 34.55162, 32.598968 ] }, { "date": "2025-01-03", "close": 37.84, "volume": 1, "typical_volume": 145.25, "trend": 30.949334, "fair_value": 33.607821, "relative_strength": 18.061334, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.436061, "energy": 58.12844, "activity_lines": [ 38.829334, 38.764001, 35.133048, 33.060689 ] }, { "date": "2025-01-10", "close": 35.700001, "volume": 0, "typical_volume": 145.25, "trend": 31.184667, "fair_value": 33.556282, "relative_strength": 11.349489, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.242083, "energy": 38.817192, "activity_lines": [ 37.62, 38.338546, 35.460667, 33.367183 ] }, { "date": "2025-01-17", "close": 37.720001, "volume": 178, "typical_volume": 154.15, "trend": 31.508, "fair_value": 33.511795, "relative_strength": 13.583031, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.27738, "energy": 29.533128, "activity_lines": [ 37.352001, 38.226546, 35.942382, 33.788818 ] }, { "date": "2025-01-24", "close": 38.700001, "volume": 0, "typical_volume": 154.15, "trend": 31.853334, "fair_value": 33.489616, "relative_strength": 14.548339, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.744475, "energy": 30.988272, "activity_lines": [ 37.666667, 38.268364, 36.468286, 34.252818 ] }, { "date": "2025-01-31", "close": 40.66, "volume": 43, "typical_volume": 156.3, "trend": 32.258667, "fair_value": 33.475769, "relative_strength": 19.565406, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.477524, "energy": 47.470396, "activity_lines": [ 38.700001, 38.624728, 37.118858, 34.82099 ] }, { "date": "2025-02-07", "close": 42.700001, "volume": 544, "typical_volume": 183.5, "trend": 32.704667, "fair_value": 33.408141, "relative_strength": 24.930926, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 81.103993, "energy": 69.282142, "activity_lines": [ 40.225334, 39.331273, 37.898191, 35.494624 ] }, { "date": "2025-02-14", "close": 42.080002, "volume": 0, "typical_volume": 183.5, "trend": 33.114667, "fair_value": 33.36391, "relative_strength": 16.868145, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.65002, "energy": 78.243623, "activity_lines": [ 41.220001, 39.852728, 38.542001, 36.099485 ] }, { "date": "2025-02-21", "close": 39.540001, "volume": 0, "typical_volume": 183.25, "trend": 33.380667, "fair_value": 33.309039, "relative_strength": 10.801113, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.350803, "energy": 72.016232, "activity_lines": [ 40.942668, 39.869455, 38.870001, 36.514022 ] }, { "date": "2025-02-28", "close": 37.880001, "volume": 0, "typical_volume": 183.25, "trend": 33.775334, "fair_value": 33.2475, "relative_strength": 3.778252, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.130279, "energy": 46.955861, "activity_lines": [ 39.990668, 39.621092, 38.976382, 36.804302 ] }, { "date": "2025-03-07", "close": 34.48, "volume": 1, "typical_volume": 183.05, "trend": 34.066667, "fair_value": 33.164552, "relative_strength": -8.251766, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.742646, "energy": 13.036128, "activity_lines": [ 37.960001, 38.787274, 38.702382, 36.849764 ] }, { "date": "2025-03-14", "close": 33.360001, "volume": 0, "typical_volume": 183.05, "trend": 34.267334, "fair_value": 33.065962, "relative_strength": -11.118385, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.43044, "energy": 28.279139, "activity_lines": [ 35.968001, 37.81091, 38.284858, 36.804173 ] }, { "date": "2025-03-21", "close": 33.48, "volume": 0, "typical_volume": 78.35, "trend": 34.461334, "fair_value": 32.971603, "relative_strength": -9.723492, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -14.272978, "energy": 36.910998, "activity_lines": [ 34.638667, 36.937819, 37.839048, 36.753377 ] }, { "date": "2025-03-28", "close": 32.880001, "volume": 0, "typical_volume": 57.2, "trend": 34.644001, "fair_value": 32.873782, "relative_strength": -9.267089, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.751846, "energy": 55.732459, "activity_lines": [ 33.682667, 35.996001, 37.332572, 36.651356 ] }, { "date": "2025-04-04", "close": 28.76, "volume": 0, "typical_volume": 57.2, "trend": 34.746667, "fair_value": 32.763622, "relative_strength": -11.679303, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.363914, "energy": 74.557105, "activity_lines": [ 31.797334, 34.393092, 36.450382, 36.271743 ] }, { "date": "2025-04-11", "close": 29.5, "volume": 2, "typical_volume": 57.3, "trend": 34.833334, "fair_value": 32.668878, "relative_strength": -8.156798, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.822105, "energy": 74.713106, "activity_lines": [ 30.766667, 33.105455, 35.675048, 35.933248 ] }, { "date": "2025-04-18", "close": 29.360001, "volume": 0, "typical_volume": 57.3, "trend": 34.924001, "fair_value": 32.596827, "relative_strength": -13.095367, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.794377, "energy": 74.262622, "activity_lines": [ 30.021334, 31.995273, 34.934096, 35.58013 ] }, { "date": "2025-04-25", "close": 30.26, "volume": 0, "typical_volume": 38.45, "trend": 35.047334, "fair_value": 32.528975, "relative_strength": -13.472396, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.482, "energy": 66.247128, "activity_lines": [ 29.842667, 31.291273, 34.323429, 35.279226 ] }, { "date": "2025-05-02", "close": 34.540001, "volume": 60, "typical_volume": 41.45, "trend": 35.325334, "fair_value": 32.468622, "relative_strength": -2.674266, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.58776, "energy": 46.992734, "activity_lines": [ 31.305334, 31.580364, 34.165429, 35.246495 ] }, { "date": "2025-05-09", "close": 35.740002, "volume": 0, "typical_volume": 41.45, "trend": 35.650001, "fair_value": 32.434007, "relative_strength": -3.807885, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.174462, "energy": 24.94963, "activity_lines": [ 33.057334, 32.178546, 34.155144, 35.273248 ] }, { "date": "2025-05-16", "close": 36.779999, "volume": 305, "typical_volume": 56.7, "trend": 35.984667, "fair_value": 32.389616, "relative_strength": -3.904388, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.23975, "energy": 24.78687, "activity_lines": [ 34.690667, 33.004728, 34.262667, 35.346151 ] }, { "date": "2025-05-23", "close": 32.619999, "volume": 0, "typical_volume": 56.65, "trend": 36.238001, "fair_value": 32.308237, "relative_strength": -13.672528, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.811445, "energy": 30.505698, "activity_lines": [ 34.452, 33.032727, 33.979048, 35.129076 ] }, { "date": "2025-05-30", "close": 32.759998, "volume": 0, "typical_volume": 56.65, "trend": 36.238667, "fair_value": 32.228269, "relative_strength": -14.087514, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.287015, "energy": 25.388092, "activity_lines": [ 34.042666, 33.099636, 33.733619, 34.904689 ] }, { "date": "2025-06-06", "close": 33.34, "volume": 0, "typical_volume": 47.75, "trend": 36.137334, "fair_value": 32.158494, "relative_strength": -12.872711, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.718614, "energy": 17.278022, "activity_lines": [ 33.659999, 33.285091, 33.557429, 34.717678 ] }, { "date": "2025-06-13", "close": 32.5, "volume": 0, "typical_volume": 47.75, "trend": 36.007334, "fair_value": 32.085577, "relative_strength": -13.112017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.687883, "energy": 31.656558, "activity_lines": [ 33.077333, 33.309454, 33.322095, 34.483011 ] }, { "date": "2025-06-20", "close": 33.119999, "volume": 0, "typical_volume": 45.6, "trend": 35.794, "fair_value": 32.007725, "relative_strength": -11.005301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.567661, "energy": 25.945873, "activity_lines": [ 32.917333, 33.378545, 33.175333, 34.296731 ] }, { "date": "2025-06-27", "close": 34.32, "volume": 6, "typical_volume": 18.7, "trend": 35.647334, "fair_value": 31.937404, "relative_strength": -9.521472, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.866514, "energy": 18.83099, "activity_lines": [ 33.401333, 33.6, 33.178762, 34.201635 ] }, { "date": "2025-07-04", "close": 34.84, "volume": 0, "typical_volume": 18.7, "trend": 35.484667, "fair_value": 31.853173, "relative_strength": -7.481223, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.624083, "energy": 6.786859, "activity_lines": [ 33.945333, 33.825818, 33.271619, 34.149549 ] }, { "date": "2025-07-11", "close": 34.580002, "volume": 0, "typical_volume": 18.7, "trend": 35.252, "fair_value": 31.778109, "relative_strength": -10.156469, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.989279, "energy": 11.186178, "activity_lines": [ 34.264001, 33.921091, 33.374191, 34.091183 ] }, { "date": "2025-07-18", "close": 34.099998, "volume": 292, "typical_volume": 33.3, "trend": 35.066, "fair_value": 31.690673, "relative_strength": -11.347929, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.223943, "energy": 14.19503, "activity_lines": [ 34.34, 33.928363, 33.454667, 34.01686 ] }, { "date": "2025-07-25", "close": 32.919998, "volume": 0, "typical_volume": 33.25, "trend": 34.902, "fair_value": 31.599776, "relative_strength": -15.834788, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.159585, "energy": 11.429869, "activity_lines": [ 33.915999, 33.750909, 33.440762, 33.878409 ] }, { "date": "2025-08-01", "close": 37.560001, "volume": 219, "typical_volume": 44.2, "trend": 34.892667, "fair_value": 31.532468, "relative_strength": -1.652643, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.600229, "energy": 36.877919, "activity_lines": [ 35.052, 34.487272, 33.87619, 34.049892 ] }, { "date": "2025-08-08", "close": 40.16, "volume": 0, "typical_volume": 44.2, "trend": 35.041334, "fair_value": 31.498013, "relative_strength": -1.003641, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 59.095352, "energy": 67.908343, "activity_lines": [ 36.838666, 35.606545, 34.539238, 34.38972 ] }, { "date": "2025-08-15", "close": 40.740002, "volume": 0, "typical_volume": 44.2, "trend": 35.142, "fair_value": 31.478462, "relative_strength": -2.361269, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.883342, "energy": 79.589961, "activity_lines": [ 38.464, 36.696727, 35.225714, 34.757376 ] }, { "date": "2025-08-22", "close": 43.080002, "volume": 0, "typical_volume": 44.2, "trend": 35.288, "fair_value": 31.495866, "relative_strength": 4.187644, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 63.225265, "energy": 86.768434, "activity_lines": [ 40.458668, 38.077819, 36.097619, 35.269506 ] }, { "date": "2025-08-29", "close": 42.459999, "volume": 0, "typical_volume": 44.1, "trend": 35.348, "fair_value": 31.516731, "relative_strength": 6.076984, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.373519, "energy": 91.814954, "activity_lines": [ 41.648001, 39.153819, 36.842286, 35.732215 ] }, { "date": "2025-09-05", "close": 42.439999, "volume": 0, "typical_volume": 44.1, "trend": 35.339334, "fair_value": 31.53734, "relative_strength": 5.929409, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.990336, "energy": 90.14963, "activity_lines": [ 42.194667, 40.056364, 37.523333, 36.189763 ] }, { "date": "2025-09-12", "close": 42.200001, "volume": 0, "typical_volume": 44.1, "trend": 35.343333, "fair_value": 31.569359, "relative_strength": 3.819183, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.313728, "energy": 88.18527, "activity_lines": [ 42.336, 40.767637, 38.119238, 36.632387 ] }, { "date": "2025-09-19", "close": 42.860001, "volume": 0, "typical_volume": 41.1, "trend": 35.454, "fair_value": 31.605449, "relative_strength": 5.44334, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.721957, "energy": 75.501503, "activity_lines": [ 42.561334, 41.465091, 38.721143, 37.117333 ] }, { "date": "2025-09-26", "close": 42.360001, "volume": 0, "typical_volume": 41.1, "trend": 35.603333, "fair_value": 31.631603, "relative_strength": 3.230096, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.388299, "energy": 64.148786, "activity_lines": [ 42.478667, 41.921091, 39.23581, 37.562882 ] }, { "date": "2025-10-03", "close": 42.599998, "volume": 0, "typical_volume": 25.85, "trend": 35.874, "fair_value": 31.663141, "relative_strength": 1.202582, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.464371, "energy": 62.475116, "activity_lines": [ 42.524, 42.270546, 39.74181, 38.01428 ] }, { "date": "2025-10-10", "close": 41.68, "volume": 0, "typical_volume": 25.85, "trend": 36.151333, "fair_value": 31.693814, "relative_strength": 0.548376, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.479255, "energy": 52.541436, "activity_lines": [ 42.253333, 42.276727, 40.132476, 38.38886 ] }, { "date": "2025-10-17", "close": 44.900002, "volume": 0, "typical_volume": 25.85, "trend": 36.532, "fair_value": 31.731955, "relative_strength": 9.827162, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.573754, "energy": 59.087399, "activity_lines": [ 43.106667, 42.793455, 40.786667, 38.95329 ] }, { "date": "2025-10-24", "close": 47.220001, "volume": 0, "typical_volume": 25.85, "trend": 37.01, "fair_value": 31.786923, "relative_strength": 12.566267, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.140656, "energy": 66.822888, "activity_lines": [ 44.553334, 43.645819, 41.604, 39.642839 ] }, { "date": "2025-10-31", "close": 39.84, "volume": 317, "typical_volume": 41.7, "trend": 37.379333, "fair_value": 31.830769, "relative_strength": -7.633651, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.116721, "energy": 45.409973, "activity_lines": [ 43.249334, 43.038546, 41.652381, 39.82542 ] }, { "date": "2025-11-07", "close": 41.34, "volume": 657, "typical_volume": 74.55, "trend": 37.774, "fair_value": 31.950353, "relative_strength": -2.744209, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.248569, "energy": 34.608195, "activity_lines": [ 42.613334, 42.762909, 41.808667, 40.080946 ] }, { "date": "2025-11-14", "close": 42.080002, "volume": 0, "typical_volume": 74.25, "trend": 38.198, "fair_value": 32.071635, "relative_strength": -2.699108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.209554, "energy": 25.216918, "activity_lines": [ 42.308001, 42.642182, 41.996286, 40.358753 ] }, { "date": "2025-11-21", "close": 41.799999, "volume": 0, "typical_volume": 74.25, "trend": 38.582667, "fair_value": 32.181539, "relative_strength": -1.527898, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.736126, "energy": 23.351162, "activity_lines": [ 41.882667, 42.477091, 42.120286, 40.59114 ] }, { "date": "2025-11-28", "close": 43.68, "volume": 0, "typical_volume": 74.25, "trend": 38.887333, "fair_value": 32.302468, "relative_strength": -1.153798, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.543237, "energy": 21.854856, "activity_lines": [ 42.290667, 42.661091, 42.390191, 40.92 ] }, { "date": "2025-12-05", "close": 44.439999, "volume": 0, "typical_volume": 59.65, "trend": 39.177333, "fair_value": 32.436186, "relative_strength": -0.351696, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.369546, "energy": 33.363065, "activity_lines": [ 43.188, 42.968364, 42.689143, 41.278237 ] }, { "date": "2025-12-12", "close": 44.700001, "volume": 0, "typical_volume": 59.65, "trend": 39.441333, "fair_value": 32.568654, "relative_strength": 0.391588, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.625289, "energy": 37.534216, "activity_lines": [ 43.865333, 43.285091, 42.963619, 41.634538 ] }, { "date": "2025-12-19", "close": 44.439999, "volume": 0, "typical_volume": 48.7, "trend": 39.835333, "fair_value": 32.705417, "relative_strength": -2.144435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.804626, "energy": 44.40472, "activity_lines": [ 44.232, 43.516364, 43.157238, 41.957032 ] }, { "date": "2025-12-26", "close": 44.98, "volume": 0, "typical_volume": 48.7, "trend": 40.242667, "fair_value": 32.842212, "relative_strength": -0.787344, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.221968, "energy": 51.187862, "activity_lines": [ 44.621333, 43.795636, 43.369524, 42.288946 ] }, { "date": "2026-01-02", "close": 43.259998, "volume": 0, "typical_volume": 48.7, "trend": 40.573333, "fair_value": 32.955289, "relative_strength": -5.967585, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.410434, "energy": 33.50565, "activity_lines": [ 44.225333, 43.760727, 43.395048, 42.483613 ] }, { "date": "2026-01-09", "close": 47.18, "volume": 33, "typical_volume": 50.35, "trend": 41.062667, "fair_value": 33.095321, "relative_strength": 1.813887, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.456398, "energy": 42.150993, "activity_lines": [ 45.163999, 44.510545, 43.781905, 42.909849 ] }, { "date": "2026-01-16", "close": 47.220001, "volume": 0, "typical_volume": 50.35, "trend": 41.532667, "fair_value": 33.231603, "relative_strength": 0.955059, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.044035, "energy": 54.760255, "activity_lines": [ 45.933333, 45.134182, 44.153048, 43.307097 ] }, { "date": "2026-01-23", "close": 46.259998, "volume": 0, "typical_volume": 50.35, "trend": 41.930667, "fair_value": 33.359968, "relative_strength": -1.600183, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.670826, "energy": 49.120058, "activity_lines": [ 46.214666, 45.476363, 44.410095, 43.612086 ] }, { "date": "2026-01-30", "close": 44.16, "volume": 0, "typical_volume": 50.35, "trend": 42.241333, "fair_value": 33.44359, "relative_strength": -6.948631, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.574343, "energy": 50.352545, "activity_lines": [ 45.674666, 45.360727, 44.448952, 43.755914 ] }, { "date": "2026-02-06", "close": 52.849998, "volume": 1068, "typical_volume": 103.75, "trend": 42.850333, "fair_value": 33.551026, "relative_strength": 10.592248, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.675694, "energy": 80.916057, "activity_lines": [ 48.085999, 46.782181, 45.306095, 44.440344 ] }, { "date": "2026-02-13", "close": 56.450001, "volume": 7, "typical_volume": 104.1, "trend": 43.595333, "fair_value": 33.712981, "relative_strength": 19.09953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.487601, "energy": 93.853264, "activity_lines": [ 51.058, 48.691454, 46.458524, 45.317742 ] }, { "date": "2026-02-20", "close": 55.150002, "volume": 0, "typical_volume": 104.1, "trend": 44.336334, "fair_value": 33.876154, "relative_strength": 12.722182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.892211, "energy": 93.535768, "activity_lines": [ 52.978667, 50.146, 47.420048, 46.063204 ] }, { "date": "2026-02-27", "close": 52.549999, "volume": 0, "typical_volume": 104.1, "trend": 44.836, "fair_value": 34.003205, "relative_strength": 9.378794, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.770497, "energy": 87.740924, "activity_lines": [ 53.504, 50.937818, 48.07419, 46.593118 ] }, { "date": "2026-03-06", "close": 50.099998, "volume": 0, "typical_volume": 104.1, "trend": 45.167333, "fair_value": 34.126026, "relative_strength": 9.72162, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.31007, "energy": 79.978298, "activity_lines": [ 52.793333, 51.136727, 48.443238, 46.932731 ] }, { "date": "2026-03-13", "close": 47.0, "volume": 1, "typical_volume": 104.15, "trend": 45.376, "fair_value": 34.239071, "relative_strength": 5.40162, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.030473, "energy": 39.431794, "activity_lines": [ 50.653333, 50.678909, 48.492285, 47.050968 ] }, { "date": "2026-03-20", "close": 48.259998, "volume": 0, "typical_volume": 88.3, "trend": 45.548666, "fair_value": 34.36125, "relative_strength": 9.294378, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.312534, "energy": 23.886821, "activity_lines": [ 49.323332, 50.382181, 48.66238, 47.237032 ] }, { "date": "2026-03-27", "close": 49.119999, "volume": 0, "typical_volume": 55.45, "trend": 45.770666, "fair_value": 34.483333, "relative_strength": 9.281437, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.794646, "energy": 25.592859, "activity_lines": [ 48.825999, 50.222181, 48.874285, 47.46744 ] }, { "date": "2026-04-03", "close": 50.400002, "volume": 0, "typical_volume": 55.45, "trend": 46.036, "fair_value": 34.625257, "relative_strength": 7.907829, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.04845, "energy": 23.707396, "activity_lines": [ 49.157333, 50.260363, 49.171047, 47.766107 ] }, { "date": "2026-04-10", "close": 52.450001, "volume": 0, "typical_volume": 55.45, "trend": 46.377667, "fair_value": 34.783398, "relative_strength": 5.158598, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.412322, "energy": 28.121283, "activity_lines": [ 50.315334, 50.596, 49.623428, 48.179914 ] }, { "date": "2026-04-17", "close": 54.900002, "volume": 0, "typical_volume": 55.45, "trend": 46.779, "fair_value": 34.966475, "relative_strength": 6.997886, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 71.786376, "energy": 47.257938, "activity_lines": [ 52.133334, 51.226364, 50.258429, 48.729742 ] }, { "date": "2026-04-24", "close": 54.799999, "volume": 0, "typical_volume": 55.45, "trend": 47.193667, "fair_value": 35.154039, "relative_strength": 10.077499, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.611355, "energy": 68.660657, "activity_lines": [ 53.391334, 51.801273, 50.830476, 49.247226 ] }, { "date": "2026-05-01", "close": 54.349998, "volume": 0, "typical_volume": 55.45, "trend": 47.585333, "fair_value": 35.320513, "relative_strength": 8.164156, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.175713, "energy": 71.403235, "activity_lines": [ 54.063333, 52.324363, 51.310333, 49.708924 ] }, { "date": "2026-05-08", "close": 58.400002, "volume": 0, "typical_volume": 55.45, "trend": 48.142667, "fair_value": 35.513846, "relative_strength": 14.053654, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.577777, "energy": 87.060986, "activity_lines": [ 55.736667, 53.598364, 52.129952, 50.406645 ] }, { "date": "2026-05-15", "close": 62.400002, "volume": 0, "typical_volume": 55.45, "trend": 48.726, "fair_value": 35.723462, "relative_strength": 21.72356, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.002171, "energy": 95.550851, "activity_lines": [ 58.210001, 55.493273, 53.264048, 51.326473 ] }, { "date": "2026-05-22", "close": 61.349998, "volume": 0, "typical_volume": 55.45, "trend": 49.197, "fair_value": 35.927372, "relative_strength": 16.498307, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.523964, "energy": 91.89971, "activity_lines": [ 59.67, 56.973637, 54.21519, 52.140925 ] }, { "date": "2026-05-29", "close": 63.400002, "volume": 0, "typical_volume": 53.8, "trend": 49.982333, "fair_value": 36.139423, "relative_strength": 16.398426, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.385581, "energy": 93.740624, "activity_lines": [ 61.383334, 58.565819, 55.275429, 53.057247 ] }, { "date": "2026-06-05", "close": 63.349998, "volume": 0, "typical_volume": 53.8, "trend": 50.716, "fair_value": 36.338334, "relative_strength": 16.803413, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.936995, "energy": 91.278959, "activity_lines": [ 62.506667, 59.873636, 56.253667, 53.919677 ] }, { "date": "2026-06-12", "close": 68.150002, "volume": 0, "typical_volume": 53.8, "trend": 51.585, "fair_value": 36.573013, "relative_strength": 21.25316, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.464504, "energy": 96.324391, "activity_lines": [ 64.63, 61.795455, 57.612238, 55.044452 ] }, { "date": "2026-06-19", "close": 70.650002, "volume": 0, "typical_volume": 53.8, "trend": 52.546667, "fair_value": 36.83359, "relative_strength": 19.707553, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.333256, "energy": 97.152479, "activity_lines": [ 66.936668, 63.849092, 59.104667, 56.274452 ] }, { "date": "2026-06-26", "close": 70.199997, "volume": 0, "typical_volume": 0.4, "trend": 53.430667, "fair_value": 37.077949, "relative_strength": 20.382332, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.925505, "energy": 94.070962, "activity_lines": [ 68.543333, 65.49, 60.428095, 57.413376 ] }, { "date": "2026-07-03", "close": 66.800003, "volume": 0, "typical_volume": 0.05, "trend": 54.176, "fair_value": 37.304103, "relative_strength": 11.241357, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.450675, "energy": 85.663341, "activity_lines": [ 68.426667, 66.234546, 61.345096, 58.275914 ] }, { "date": "2026-07-10", "close": 65.650002, "volume": 228, "typical_volume": 11.45, "trend": 54.874333, "fair_value": 37.528013, "relative_strength": 10.134151, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.506613, "energy": 66.713595, "activity_lines": [ 67.700001, 66.551819, 62.103286, 59.016172 ] }, { "date": "2026-07-17", "close": 66.849998, "volume": 49, "typical_volume": 13.9, "trend": 55.621333, "fair_value": 37.757436, "relative_strength": 13.572065, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.326355, "energy": 62.010796, "activity_lines": [ 67.22, 66.881819, 62.925762, 59.788796 ] }, { "date": "2026-07-24", "close": 69.900002, "volume": 142, "typical_volume": 21.0, "trend": 56.452, "fair_value": 38.015513, "relative_strength": 16.202629, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.897997, "energy": 62.711372, "activity_lines": [ 67.843334, 67.612728, 63.97062, 60.71 ] }, { "date": "2026-07-31", "close": 65.199997, "volume": 169, "typical_volume": 29.4, "trend": 57.183333, "fair_value": 38.26359, "relative_strength": 7.983049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.854951, "energy": 42.957953, "activity_lines": [ 66.95, 67.352727, 64.473572, 61.274387 ] }, { "date": "2026-08-07", "close": 76.599998, "volume": 206, "typical_volume": 39.7, "trend": 58.164, "fair_value": 38.587692, "relative_strength": 22.391614, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.602387, "energy": 63.952823, "activity_lines": [ 70.189999, 69.095454, 65.975571, 62.527075 ] } ], "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." } } }