{ "ticker": { "uuid": "47df0182-25dd-4361-87f8-6424d242029d", "symbol": "FBNC", "name": "First Bancorp", "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "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": 67.123, "architecture_energy": 46.98, "architecture_maturity": 46.898, "architecture_confidence": 79.081, "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": 15.24, "rotation_up": 55.07, "upward_expansion": 79.46, "deceleration": 61.68, "rotation_down": 22.34, "downward_expansion": 6.12 }, "activity_lines": [ 63.708667, 63.339892, 61.655406, 60.436437 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 64.67, "trend_reference": 59.317946, "distance_from_trend": 0.090227, "trend_direction": "Improving", "fair_value": 43.150325, "distance_from_fair_value": 0.498714, "fair_value_direction": "Improving", "relative_strength": 1.249354, "relative_strength_direction": "Improving", "price_momentum": 0.043635, "excess_performance": -0.143818, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.090227, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.068417, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.498714, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.051806, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.012494, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.064255, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.043635, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.20591, "read": "Demand-led" } ], "volume": { "latest": 947795, "relative_activity": 0.832059, "balance": 2.20591, "dry_up": 1.125214, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.045075, "annualized_volatility": 0.222523, "from_high_reference": -0.028103, "from_low_reference": 0.419485 }, "levels": { "trend_reference": 59.317946, "fair_value_reference": 43.150325, "structural_low": 51.809339, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": -0.007068, "positive_rate": 0.409091, "directional_follow_through": 0.409091, "median_excess_return": -0.039342, "regime_survival": 0.727273, "best_return": 0.135927, "worst_return": -0.127031, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.017581, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.030569, "regime_survival": 0.25, "best_return": 0.167093, "worst_return": -0.130716, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.017807, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.030132, "regime_survival": 0.333333, "best_return": 0.162656, "worst_return": -0.299051, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.066952, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.032644, "regime_survival": 0.5, "best_return": 0.221767, "worst_return": -0.355284, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-31", "end": "2024-07-12", "tenure": "Developing", "return": 0.120507, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-07-19", "end": "2024-08-02", "tenure": "New", "return": 0.026999, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-09", "end": "2024-12-27", "tenure": "Established", "return": 0.142141, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-14", "tenure": "Developing", "return": -0.00438, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-03-07", "tenure": "New", "return": -0.033325, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-03-21", "tenure": "New", "return": 0.016303, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-28", "end": "2025-05-23", "tenure": "Developing", "return": 0.022185, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": 0.147847, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-07-18", "tenure": "New", "return": 0.019231, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-10-10", "tenure": "Developing", "return": -0.014484, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2026-01-09", "tenure": "Established", "return": 0.130753, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-03-13", "tenure": "Developing", "return": -0.081664, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.111334, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.123253, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 29.382471, "volume": 670470, "typical_volume": 861608.9, "trend": 32.052051, "fair_value": 35.035895, "relative_strength": -28.600723, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.574594, "energy": 12.62638, "activity_lines": [ 30.685013, 30.434292, 30.006736, 30.590657 ] }, { "date": "2023-08-25", "close": 27.735472, "volume": 670510, "typical_volume": 857641.9, "trend": 31.787584, "fair_value": 35.095573, "relative_strength": -33.298591, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.49416, "energy": 26.51005, "activity_lines": [ 29.563171, 29.985746, 29.806373, 30.312168 ] }, { "date": "2023-09-01", "close": 28.761317, "volume": 702479, "typical_volume": 852800.2, "trend": 31.416156, "fair_value": 35.159348, "relative_strength": -32.898753, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.468313, "energy": 31.695545, "activity_lines": [ 29.039268, 29.797772, 29.726041, 30.116925 ] }, { "date": "2023-09-08", "close": 26.097884, "volume": 584653, "typical_volume": 826599.25, "trend": 30.985354, "fair_value": 35.211854, "relative_strength": -37.849411, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -74.17804, "energy": 66.072638, "activity_lines": [ 27.86535, 29.115529, 29.403311, 29.773811 ] }, { "date": "2023-09-15", "close": 26.973146, "volume": 1356676, "typical_volume": 838136.85, "trend": 30.592704, "fair_value": 35.26518, "relative_strength": -34.908792, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.263896, "energy": 68.526531, "activity_lines": [ 27.359642, 28.626991, 29.185837, 29.514959 ] }, { "date": "2023-09-22", "close": 25.655547, "volume": 613743, "typical_volume": 798005.6, "trend": 30.21464, "fair_value": 35.31485, "relative_strength": -35.321045, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.899655, "energy": 76.531784, "activity_lines": [ 26.648138, 27.929347, 28.851397, 29.196432 ] }, { "date": "2023-09-29", "close": 26.691913, "volume": 1026741, "typical_volume": 813084.9, "trend": 29.81695, "fair_value": 35.362278, "relative_strength": -32.154058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.141093, "energy": 69.70563, "activity_lines": [ 26.530552, 27.496452, 28.622887, 28.96916 ] }, { "date": "2023-10-06", "close": 26.464264, "volume": 1065599, "typical_volume": 822346.5, "trend": 29.511347, "fair_value": 35.402279, "relative_strength": -33.247479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.727051, "energy": 58.016786, "activity_lines": [ 26.406653, 27.110956, 28.367025, 28.752857 ] }, { "date": "2023-10-13", "close": 25.89514, "volume": 534009, "typical_volume": 810291.9, "trend": 29.27159, "fair_value": 35.438574, "relative_strength": -33.9116, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.709272, "energy": 54.350825, "activity_lines": [ 26.246182, 26.728601, 28.065234, 28.519554 ] }, { "date": "2023-10-20", "close": 25.695946, "volume": 780602, "typical_volume": 810438.1, "trend": 28.998262, "fair_value": 35.465011, "relative_strength": -31.645309, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.8846, "energy": 46.640739, "activity_lines": [ 26.03283, 26.416384, 27.760616, 28.288867 ] }, { "date": "2023-10-27", "close": 26.454778, "volume": 889215, "typical_volume": 801018.3, "trend": 28.773706, "fair_value": 35.497676, "relative_strength": -26.800028, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.669864, "energy": 40.622986, "activity_lines": [ 26.157569, 26.329015, 27.553504, 28.124771 ] }, { "date": "2023-11-03", "close": 30.097172, "volume": 620054, "typical_volume": 767271.6, "trend": 28.696105, "fair_value": 35.534934, "relative_strength": -20.655008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.493348, "energy": 12.067462, "activity_lines": [ 27.443157, 26.95713, 27.712996, 28.210156 ] }, { "date": "2023-11-10", "close": 27.868103, "volume": 579717, "typical_volume": 754807.15, "trend": 28.587497, "fair_value": 35.5346, "relative_strength": -27.577005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.144072, "energy": 18.520615, "activity_lines": [ 27.758705, 27.137019, 27.668345, 28.156737 ] }, { "date": "2023-11-17", "close": 30.486073, "volume": 754032, "typical_volume": 750006.65, "trend": 28.580484, "fair_value": 35.543716, "relative_strength": -21.235697, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.304147, "energy": 21.577226, "activity_lines": [ 28.85332, 27.809143, 27.874656, 28.279225 ] }, { "date": "2023-11-24", "close": 29.793639, "volume": 289663, "typical_volume": 739025.5, "trend": 28.614865, "fair_value": 35.547314, "relative_strength": -22.494949, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.414543, "energy": 28.380646, "activity_lines": [ 29.411061, 28.275585, 28.003178, 28.357493 ] }, { "date": "2023-12-01", "close": 31.169022, "volume": 828612, "typical_volume": 747646.9, "trend": 28.748045, "fair_value": 35.556489, "relative_strength": -17.822961, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.444674, "energy": 41.486334, "activity_lines": [ 30.154084, 28.940815, 28.257235, 28.522278 ] }, { "date": "2023-12-08", "close": 32.373667, "volume": 846245, "typical_volume": 747398.4, "trend": 28.977134, "fair_value": 35.574522, "relative_strength": -13.944704, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.748846, "energy": 58.87234, "activity_lines": [ 30.984373, 29.724827, 28.619754, 28.756189 ] }, { "date": "2023-12-15", "close": 35.560761, "volume": 1835706, "typical_volume": 795598.1, "trend": 29.222442, "fair_value": 35.61327, "relative_strength": -7.560599, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 59.911202, "energy": 73.774778, "activity_lines": [ 32.725259, 30.985005, 29.282004, 29.180939 ] }, { "date": "2023-12-22", "close": 35.560761, "volume": 852666, "typical_volume": 802447.25, "trend": 29.431619, "fair_value": 35.650768, "relative_strength": -7.234435, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 82.536982, "energy": 86.803827, "activity_lines": [ 33.953302, 32.079792, 29.928861, 29.589863 ] }, { "date": "2023-12-29", "close": 35.310267, "volume": 397408, "typical_volume": 794940.0, "trend": 29.575444, "fair_value": 35.683811, "relative_strength": -6.969279, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.08502, "energy": 86.586431, "activity_lines": [ 34.759535, 32.953297, 30.53369, 29.96913 ] }, { "date": "2024-01-05", "close": 34.613794, "volume": 634241, "typical_volume": 793128.55, "trend": 29.709447, "fair_value": 35.698904, "relative_strength": -4.742753, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.908372, "energy": 82.341144, "activity_lines": [ 34.965834, 33.525364, 31.049159, 30.294185 ] }, { "date": "2024-01-12", "close": 33.039572, "volume": 860542, "typical_volume": 802630.15, "trend": 29.750484, "fair_value": 35.701963, "relative_strength": -10.785572, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.279122, "energy": 61.098906, "activity_lines": [ 34.417741, 33.662863, 31.389791, 30.509032 ] }, { "date": "2024-01-19", "close": 33.087276, "volume": 552372, "typical_volume": 795124.8, "trend": 29.913031, "fair_value": 35.705271, "relative_strength": -12.152596, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.431192, "energy": 44.513733, "activity_lines": [ 33.841156, 33.755538, 31.709709, 30.724309 ] }, { "date": "2024-01-26", "close": 33.612016, "volume": 737628, "typical_volume": 802773.55, "trend": 30.100131, "fair_value": 35.726114, "relative_strength": -10.506415, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.583186, "energy": 33.023962, "activity_lines": [ 33.604384, 33.848726, 32.059003, 30.962953 ] }, { "date": "2024-02-02", "close": 33.344876, "volume": 1053572, "typical_volume": 787618.35, "trend": 30.256681, "fair_value": 35.731473, "relative_strength": -11.263554, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.572477, "energy": 27.180049, "activity_lines": [ 33.408481, 33.836507, 32.347072, 31.172292 ] }, { "date": "2024-02-09", "close": 33.860075, "volume": 846347, "typical_volume": 799248.55, "trend": 30.390249, "fair_value": 35.736021, "relative_strength": -10.496328, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.972298, "energy": 28.565359, "activity_lines": [ 33.515337, 33.853393, 32.653867, 31.404769 ] }, { "date": "2024-02-16", "close": 33.965024, "volume": 805144, "typical_volume": 788168.7, "trend": 30.469905, "fair_value": 35.730385, "relative_strength": -7.829901, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.155432, "energy": 31.135727, "activity_lines": [ 33.707424, 33.840433, 32.931588, 31.635399 ] }, { "date": "2024-02-23", "close": 32.581617, "volume": 489084, "typical_volume": 759342.95, "trend": 30.478351, "fair_value": 35.709138, "relative_strength": -11.789638, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.355715, "energy": 25.066681, "activity_lines": [ 33.376678, 33.54701, 33.042922, 31.771639 ] }, { "date": "2024-03-01", "close": 32.419424, "volume": 559632, "typical_volume": 760624.1, "trend": 30.50084, "fair_value": 35.672795, "relative_strength": -12.837855, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.704867, "energy": 19.968771, "activity_lines": [ 33.025579, 33.278264, 33.109679, 31.896869 ] }, { "date": "2024-03-08", "close": 33.640638, "volume": 457788, "typical_volume": 744483.4, "trend": 30.606388, "fair_value": 35.613768, "relative_strength": -7.176481, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.75731, "energy": 19.953408, "activity_lines": [ 33.161057, 33.288672, 33.261673, 32.099437 ] }, { "date": "2024-03-15", "close": 32.49575, "volume": 669291, "typical_volume": 733487.2, "trend": 30.710164, "fair_value": 35.556487, "relative_strength": -8.552775, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.232437, "energy": 14.880705, "activity_lines": [ 32.895189, 33.121275, 33.266799, 32.221331 ] }, { "date": "2024-03-22", "close": 33.421201, "volume": 641020, "typical_volume": 734535.5, "trend": 30.899689, "fair_value": 35.512509, "relative_strength": -7.940297, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.281833, "energy": 13.359813, "activity_lines": [ 33.028759, 33.160653, 33.331297, 32.396237 ] }, { "date": "2024-03-29", "close": 34.672089, "volume": 479537, "typical_volume": 729526.5, "trend": 31.096715, "fair_value": 35.483645, "relative_strength": -3.390431, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.916144, "energy": 27.435721, "activity_lines": [ 33.615547, 33.420525, 33.499098, 32.639617 ] }, { "date": "2024-04-05", "close": 32.675468, "volume": 535735, "typical_volume": 718611.65, "trend": 31.315967, "fair_value": 35.443761, "relative_strength": -7.596666, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.704444, "energy": 17.849608, "activity_lines": [ 33.397429, 33.288561, 33.444345, 32.741472 ] }, { "date": "2024-04-12", "close": 30.717244, "volume": 684501, "typical_volume": 738353.55, "trend": 31.440771, "fair_value": 35.392702, "relative_strength": -12.103084, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.170355, "energy": 3.630325, "activity_lines": [ 32.509501, 32.817584, 33.192668, 32.702845 ] }, { "date": "2024-04-19", "close": 31.014817, "volume": 723382, "typical_volume": 733092.05, "trend": 31.619413, "fair_value": 35.344813, "relative_strength": -5.677436, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.358402, "energy": 11.139354, "activity_lines": [ 31.915656, 32.448487, 32.964934, 32.675364 ] }, { "date": "2024-04-26", "close": 30.256485, "volume": 831023, "typical_volume": 732330.95, "trend": 31.738232, "fair_value": 35.295392, "relative_strength": -11.05236, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.912169, "energy": 36.68134, "activity_lines": [ 31.167763, 31.993243, 32.665712, 32.587433 ] }, { "date": "2024-05-03", "close": 30.573257, "volume": 781075, "typical_volume": 679599.4, "trend": 31.875198, "fair_value": 35.230496, "relative_strength": -10.730071, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.573558, "energy": 50.069565, "activity_lines": [ 30.736442, 31.663022, 32.40674, 32.512274 ] }, { "date": "2024-05-10", "close": 30.525261, "volume": 773161, "typical_volume": 675624.15, "trend": 32.029536, "fair_value": 35.167989, "relative_strength": -11.983223, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.034403, "energy": 51.689436, "activity_lines": [ 30.562378, 31.36059, 32.166948, 32.425181 ] }, { "date": "2024-05-17", "close": 31.293192, "volume": 614537, "typical_volume": 686480.6, "trend": 32.216111, "fair_value": 35.108051, "relative_strength": -11.378457, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.810809, "energy": 43.087678, "activity_lines": [ 30.787637, 31.232221, 32.02427, 32.377675 ] }, { "date": "2024-05-24", "close": 30.477266, "volume": 599166, "typical_volume": 684726.85, "trend": 32.350194, "fair_value": 35.048738, "relative_strength": -14.475644, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.263081, "energy": 43.64534, "activity_lines": [ 30.702525, 30.998182, 31.823014, 32.265491 ] }, { "date": "2024-05-31", "close": 30.285283, "volume": 636762, "typical_volume": 673537.85, "trend": 32.356464, "fair_value": 34.996518, "relative_strength": -13.20336, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.69297, "energy": 36.168347, "activity_lines": [ 30.589256, 30.765938, 31.623172, 32.132271 ] }, { "date": "2024-06-07", "close": 29.939714, "volume": 494993, "typical_volume": 670668.9, "trend": 32.425518, "fair_value": 34.945296, "relative_strength": -16.000846, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.788121, "energy": 37.76972, "activity_lines": [ 30.358876, 30.527879, 31.403534, 31.976352 ] }, { "date": "2024-06-14", "close": 28.816615, "volume": 663015, "typical_volume": 666938.25, "trend": 32.369869, "fair_value": 34.890835, "relative_strength": -21.36188, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.594365, "energy": 56.780406, "activity_lines": [ 29.796367, 30.171664, 31.091922, 31.74352 ] }, { "date": "2024-06-21", "close": 29.008597, "volume": 734799, "typical_volume": 650999.6, "trend": 32.343701, "fair_value": 34.826929, "relative_strength": -20.645703, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.71793, "energy": 63.226227, "activity_lines": [ 29.411761, 29.920516, 30.82143, 31.526663 ] }, { "date": "2024-06-28", "close": 30.851632, "volume": 1126105, "typical_volume": 664987.5, "trend": 32.333121, "fair_value": 34.789532, "relative_strength": -15.296537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.951149, "energy": 44.684859, "activity_lines": [ 29.793807, 30.035531, 30.747114, 31.430401 ] }, { "date": "2024-07-05", "close": 30.812971, "volume": 522563, "typical_volume": 650858.45, "trend": 32.281098, "fair_value": 34.758981, "relative_strength": -17.964053, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.995903, "energy": 32.516853, "activity_lines": [ 30.138008, 30.146484, 30.683442, 31.332327 ] }, { "date": "2024-07-12", "close": 33.934862, "volume": 990547, "typical_volume": 675931.6, "trend": 32.226901, "fair_value": 34.749192, "relative_strength": -9.160419, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -2.929727, "energy": 11.548301, "activity_lines": [ 31.48766, 30.814935, 30.932103, 31.439021 ] }, { "date": "2024-07-19", "close": 36.873113, "volume": 1463769, "typical_volume": 721138.45, "trend": 32.270647, "fair_value": 34.764698, "relative_strength": 2.956519, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.948715, "energy": 43.800256, "activity_lines": [ 33.550386, 31.956494, 31.454153, 31.738777 ] }, { "date": "2024-07-26", "close": 41.744423, "volume": 1867228, "typical_volume": 791610.45, "trend": 32.485118, "fair_value": 34.801567, "relative_strength": 19.486157, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 63.800934, "energy": 80.992482, "activity_lines": [ 36.699782, 33.86833, 32.418929, 32.349988 ] }, { "date": "2024-08-02", "close": 37.868639, "volume": 1106882, "typical_volume": 813490.0, "trend": 32.593613, "fair_value": 34.80194, "relative_strength": 11.870699, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.214844, "energy": 83.542148, "activity_lines": [ 37.708195, 34.885456, 32.975993, 32.697312 ] }, { "date": "2024-08-09", "close": 37.771986, "volume": 873257, "typical_volume": 825101.85, "trend": 32.75136, "fair_value": 34.799674, "relative_strength": 11.171681, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.56588, "energy": 82.09289, "activity_lines": [ 38.21659, 35.75062, 33.498267, 33.0314 ] }, { "date": "2024-08-16", "close": 39.627723, "volume": 678318, "typical_volume": 835040.9, "trend": 32.969375, "fair_value": 34.812131, "relative_strength": 10.565757, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.864828, "energy": 83.292988, "activity_lines": [ 38.879629, 36.817068, 34.176561, 33.475037 ] }, { "date": "2024-08-23", "close": 41.512456, "volume": 885247, "typical_volume": 852516.5, "trend": 33.232723, "fair_value": 34.834074, "relative_strength": 14.340481, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.485185, "energy": 66.754337, "activity_lines": [ 39.791389, 38.05005, 35.010754, 34.026203 ] }, { "date": "2024-08-30", "close": 41.058187, "volume": 677316, "typical_volume": 852157.25, "trend": 33.489834, "fair_value": 34.857603, "relative_strength": 13.699979, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.761777, "energy": 61.10656, "activity_lines": [ 40.242436, 38.969604, 35.759602, 34.531072 ] }, { "date": "2024-09-06", "close": 39.5504, "volume": 566747, "typical_volume": 844325.5, "trend": 33.679511, "fair_value": 34.880408, "relative_strength": 15.73964, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.582296, "energy": 56.09835, "activity_lines": [ 40.236637, 39.395931, 36.31561, 34.922076 ] }, { "date": "2024-09-13", "close": 41.009861, "volume": 804591, "typical_volume": 843003.9, "trend": 33.914339, "fair_value": 34.906512, "relative_strength": 12.910628, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.95329, "energy": 55.263132, "activity_lines": [ 40.605207, 39.929456, 36.969968, 35.395002 ] }, { "date": "2024-09-20", "close": 42.160031, "volume": 1485082, "typical_volume": 878204.25, "trend": 34.23362, "fair_value": 34.932779, "relative_strength": 13.929827, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.373418, "energy": 54.364642, "activity_lines": [ 41.141309, 40.486704, 37.682659, 35.926982 ] }, { "date": "2024-09-27", "close": 39.917682, "volume": 673944, "typical_volume": 873243.4, "trend": 34.483561, "fair_value": 34.93468, "relative_strength": 6.578844, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.533207, "energy": 45.245257, "activity_lines": [ 40.76114, 40.486704, 38.126618, 36.293696 ] }, { "date": "2024-10-04", "close": 40.546642, "volume": 725410, "typical_volume": 878787.05, "trend": 34.713762, "fair_value": 34.917318, "relative_strength": 7.858129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.072008, "energy": 42.226529, "activity_lines": [ 40.696944, 40.545705, 38.585752, 36.684862 ] }, { "date": "2024-10-11", "close": 41.353105, "volume": 680427, "typical_volume": 882850.1, "trend": 35.009007, "fair_value": 34.916542, "relative_strength": 8.320678, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.691224, "energy": 42.398942, "activity_lines": [ 40.935671, 40.773113, 39.077629, 37.113207 ] }, { "date": "2024-10-18", "close": 42.421912, "volume": 789149, "typical_volume": 890469.45, "trend": 35.30903, "fair_value": 34.912708, "relative_strength": 10.51843, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.335968, "energy": 44.130605, "activity_lines": [ 41.410487, 41.131496, 39.619506, 37.591459 ] }, { "date": "2024-10-25", "close": 39.779044, "volume": 643901, "typical_volume": 897914.85, "trend": 35.479262, "fair_value": 34.887123, "relative_strength": 3.374063, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.376455, "energy": 36.241827, "activity_lines": [ 40.91021, 40.924813, 39.851889, 37.879847 ] }, { "date": "2024-11-01", "close": 40.459194, "volume": 524633, "typical_volume": 890995.75, "trend": 35.73872, "fair_value": 34.861262, "relative_strength": 6.827775, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.201268, "energy": 34.702545, "activity_lines": [ 40.795382, 40.839042, 40.102194, 38.201133 ] }, { "date": "2024-11-08", "close": 44.083421, "volume": 1420027, "typical_volume": 925257.15, "trend": 36.184259, "fair_value": 34.851969, "relative_strength": 10.034596, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.825409, "energy": 47.210756, "activity_lines": [ 41.852529, 41.431372, 40.642222, 38.739501 ] }, { "date": "2024-11-15", "close": 44.452645, "volume": 1070081, "typical_volume": 922455.95, "trend": 36.632187, "fair_value": 34.859182, "relative_strength": 14.5991, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.73016, "energy": 50.212522, "activity_lines": [ 42.796966, 42.03583, 41.14563, 39.272945 ] }, { "date": "2024-11-22", "close": 46.755438, "volume": 877471, "typical_volume": 940201.35, "trend": 37.182152, "fair_value": 34.892862, "relative_strength": 17.890749, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.538588, "energy": 75.43268, "activity_lines": [ 44.302364, 42.969845, 41.803584, 39.926058 ] }, { "date": "2024-11-29", "close": 45.958691, "volume": 942012, "typical_volume": 937774.6, "trend": 37.695, "fair_value": 34.927577, "relative_strength": 14.711475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.392222, "energy": 76.342685, "activity_lines": [ 45.253279, 43.654532, 42.309742, 40.492286 ] }, { "date": "2024-12-06", "close": 46.570826, "volume": 677551, "typical_volume": 898463.7, "trend": 38.229852, "fair_value": 34.967665, "relative_strength": 12.396492, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.913421, "energy": 77.091124, "activity_lines": [ 45.996261, 44.38145, 42.816941, 41.06492 ] }, { "date": "2024-12-13", "close": 46.211318, "volume": 1105444, "typical_volume": 860374.5, "trend": 38.727123, "fair_value": 35.010257, "relative_strength": 10.710641, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.77019, "energy": 69.576183, "activity_lines": [ 46.211966, 44.922037, 43.243723, 41.579854 ] }, { "date": "2024-12-20", "close": 43.422704, "volume": 1533471, "typical_volume": 881703.95, "trend": 39.158637, "fair_value": 35.027151, "relative_strength": 6.509027, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.112438, "energy": 44.98624, "activity_lines": [ 45.356273, 44.852608, 43.383651, 41.882794 ] }, { "date": "2024-12-27", "close": 43.140927, "volume": 391487, "typical_volume": 857615.45, "trend": 39.587159, "fair_value": 35.0376, "relative_strength": 4.967855, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.843034, "energy": 30.674013, "activity_lines": [ 44.475317, 44.694319, 43.470295, 42.139716 ] }, { "date": "2025-01-03", "close": 42.360745, "volume": 545214, "typical_volume": 850960.25, "trend": 40.001193, "fair_value": 35.027624, "relative_strength": 4.015094, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.049868, "energy": 19.483147, "activity_lines": [ 43.575267, 44.381105, 43.457069, 42.318657 ] }, { "date": "2025-01-10", "close": 39.997605, "volume": 553070, "typical_volume": 834351.4, "trend": 40.373893, "fair_value": 35.001162, "relative_strength": 0.474356, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.681399, "energy": 17.278676, "activity_lines": [ 42.127367, 43.59129, 43.205769, 42.318426 ] }, { "date": "2025-01-17", "close": 43.102888, "volume": 905296, "typical_volume": 845750.4, "trend": 40.843702, "fair_value": 35.016372, "relative_strength": 5.162858, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.692772, "energy": 19.564067, "activity_lines": [ 42.152777, 43.374463, 43.257423, 42.49449 ] }, { "date": "2025-01-24", "close": 42.907587, "volume": 661817, "typical_volume": 850503.9, "trend": 41.245568, "fair_value": 35.039992, "relative_strength": 3.09566, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.870203, "energy": 14.158627, "activity_lines": [ 42.320315, 43.139956, 43.28074, 42.627644 ] }, { "date": "2025-01-31", "close": 43.093123, "volume": 1084976, "typical_volume": 864523.15, "trend": 41.654906, "fair_value": 35.062065, "relative_strength": 4.885634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.200731, "energy": 10.96922, "activity_lines": [ 42.584039, 42.967274, 43.305741, 42.746841 ] }, { "date": "2025-02-07", "close": 42.927117, "volume": 838551, "typical_volume": 832196.6, "trend": 41.954648, "fair_value": 35.075276, "relative_strength": 4.249749, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.824934, "energy": 8.165714, "activity_lines": [ 42.795615, 42.830997, 43.305012, 42.828919 ] }, { "date": "2025-02-14", "close": 42.175209, "volume": 664234, "typical_volume": 831711.1, "trend": 42.131384, "fair_value": 35.085296, "relative_strength": -0.451096, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.057964, "energy": 8.676213, "activity_lines": [ 42.718796, 42.613129, 43.229019, 42.843149 ] }, { "date": "2025-02-21", "close": 40.729983, "volume": 657957, "typical_volume": 828338.45, "trend": 42.09757, "fair_value": 35.085586, "relative_strength": -1.713892, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.233586, "energy": 13.880501, "activity_lines": [ 42.015062, 42.212412, 43.004636, 42.752736 ] }, { "date": "2025-02-28", "close": 40.974109, "volume": 905619, "typical_volume": 839598.05, "trend": 42.201085, "fair_value": 35.097976, "relative_strength": 2.174234, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.123909, "energy": 24.229244, "activity_lines": [ 41.550897, 41.955743, 42.80263, 42.680255 ] }, { "date": "2025-03-07", "close": 39.372643, "volume": 877356, "typical_volume": 844008.4, "trend": 42.254441, "fair_value": 35.097073, "relative_strength": 1.377275, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.213299, "energy": 42.369121, "activity_lines": [ 40.681809, 41.452419, 42.449908, 42.497774 ] }, { "date": "2025-03-14", "close": 38.933216, "volume": 969318, "typical_volume": 860279.25, "trend": 42.23129, "fair_value": 35.089105, "relative_strength": 2.635074, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.05486, "energy": 49.938065, "activity_lines": [ 39.914277, 40.937712, 42.069856, 42.283502 ] }, { "date": "2025-03-21", "close": 39.567944, "volume": 1274617, "typical_volume": 897778.45, "trend": 42.166473, "fair_value": 35.08893, "relative_strength": 3.873719, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.253519, "energy": 58.320659, "activity_lines": [ 39.624581, 40.60073, 41.754282, 42.111673 ] }, { "date": "2025-03-28", "close": 39.382408, "volume": 694844, "typical_volume": 861519.3, "trend": 42.110614, "fair_value": 35.098827, "relative_strength": 5.716963, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.000611, "energy": 55.491562, "activity_lines": [ 39.446857, 40.237825, 41.425282, 41.932056 ] }, { "date": "2025-04-04", "close": 35.553009, "volume": 925000, "typical_volume": 854265.25, "trend": 41.977368, "fair_value": 35.098626, "relative_strength": 5.642573, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.701836, "energy": 67.793123, "activity_lines": [ 38.082506, 39.246312, 40.753963, 41.508985 ] }, { "date": "2025-04-11", "close": 35.366456, "volume": 1261849, "typical_volume": 873484.15, "trend": 41.789254, "fair_value": 35.098692, "relative_strength": -2.42235, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.126272, "energy": 69.795894, "activity_lines": [ 37.017376, 38.354599, 40.107257, 41.082474 ] }, { "date": "2025-04-18", "close": 36.446498, "volume": 853813, "typical_volume": 869074.2, "trend": 41.598803, "fair_value": 35.105155, "relative_strength": 2.720956, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.762388, "energy": 69.442077, "activity_lines": [ 36.57934, 37.799742, 39.617645, 40.73778 ] }, { "date": "2025-04-25", "close": 39.333154, "volume": 1199746, "typical_volume": 895183.95, "trend": 41.579319, "fair_value": 35.138137, "relative_strength": 3.865174, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.904019, "energy": 55.617038, "activity_lines": [ 37.269304, 37.887562, 39.448248, 40.591609 ] }, { "date": "2025-05-02", "close": 41.591423, "volume": 1179452, "typical_volume": 898884.35, "trend": 41.614145, "fair_value": 35.185888, "relative_strength": 5.80607, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.723184, "energy": 23.691433, "activity_lines": [ 38.727676, 38.437649, 39.52839, 40.59239 ] }, { "date": "2025-05-09", "close": 41.041584, "volume": 631748, "typical_volume": 853798.2, "trend": 41.603761, "fair_value": 35.236842, "relative_strength": 4.226543, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.717769, "energy": 20.000427, "activity_lines": [ 39.855502, 38.872103, 39.578166, 40.555451 ] }, { "date": "2025-05-16", "close": 41.561968, "volume": 732826, "typical_volume": 870865.15, "trend": 41.575096, "fair_value": 35.290079, "relative_strength": -1.474976, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.069105, "energy": 22.149629, "activity_lines": [ 40.790883, 39.399946, 39.688841, 40.552755 ] }, { "date": "2025-05-23", "close": 40.256099, "volume": 867068, "typical_volume": 886957.85, "trend": 41.590998, "fair_value": 35.32728, "relative_strength": -2.551492, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.07405, "energy": 22.351125, "activity_lines": [ 40.877941, 39.650552, 39.682666, 40.467658 ] }, { "date": "2025-05-30", "close": 40.619386, "volume": 661488, "typical_volume": 892378.75, "trend": 41.596337, "fair_value": 35.370263, "relative_strength": -3.784425, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.652065, "energy": 15.087779, "activity_lines": [ 40.832121, 39.943158, 39.721113, 40.404973 ] }, { "date": "2025-06-06", "close": 40.874669, "volume": 794430, "typical_volume": 886835.45, "trend": 41.489379, "fair_value": 35.425412, "relative_strength": -5.424742, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.894708, "energy": 11.596886, "activity_lines": [ 40.785647, 40.263061, 39.780911, 40.358414 ] }, { "date": "2025-06-13", "close": 39.961542, "volume": 885839, "typical_volume": 898036.55, "trend": 41.339676, "fair_value": 35.479505, "relative_strength": -7.353096, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.628993, "energy": 7.303013, "activity_lines": [ 40.482581, 40.38981, 39.764355, 40.259844 ] }, { "date": "2025-06-20", "close": 39.833901, "volume": 796473, "typical_volume": 883611.4, "trend": 41.108958, "fair_value": 35.530732, "relative_strength": -7.946996, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.171411, "energy": 10.330699, "activity_lines": [ 40.20897, 40.413196, 39.749671, 40.162697 ] }, { "date": "2025-06-27", "close": 42.956203, "volume": 1364370, "typical_volume": 909902.35, "trend": 41.008875, "fair_value": 35.59656, "relative_strength": -4.990783, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.812963, "energy": 15.975639, "activity_lines": [ 41.091331, 40.923047, 40.04787, 40.281874 ] }, { "date": "2025-07-04", "close": 46.624842, "volume": 1365346, "typical_volume": 944957.95, "trend": 41.010675, "fair_value": 35.688906, "relative_strength": 1.112248, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 53.90397, "energy": 57.026204, "activity_lines": [ 43.016565, 41.981565, 40.695325, 40.644195 ] }, { "date": "2025-07-11", "close": 46.190572, "volume": 1243338, "typical_volume": 974227.0, "trend": 41.009984, "fair_value": 35.781354, "relative_strength": 0.201261, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 52.276684, "energy": 70.471725, "activity_lines": [ 44.396679, 42.828549, 41.280231, 40.978382 ] }, { "date": "2025-07-18", "close": 47.078852, "volume": 1072717, "typical_volume": 982581.9, "trend": 41.131855, "fair_value": 35.871842, "relative_strength": 0.707129, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.922452, "energy": 85.693566, "activity_lines": [ 45.718492, 43.753417, 41.923733, 41.369922 ] }, { "date": "2025-07-25", "close": 49.477209, "volume": 2029310, "typical_volume": 1040179.6, "trend": 41.343065, "fair_value": 35.965988, "relative_strength": 4.962834, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.152235, "energy": 93.98902, "activity_lines": [ 47.36527, 45.004582, 42.76658, 41.908332 ] }, { "date": "2025-08-01", "close": 47.730258, "volume": 2461945, "typical_volume": 1114810.95, "trend": 41.522049, "fair_value": 36.057473, "relative_strength": 3.508638, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.805735, "energy": 83.372993, "activity_lines": [ 47.786845, 45.794205, 43.394933, 42.320408 ] }, { "date": "2025-08-08", "close": 48.648147, "volume": 1342875, "typical_volume": 1118223.85, "trend": 41.8104, "fair_value": 36.146128, "relative_strength": 1.695706, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.563137, "energy": 80.964325, "activity_lines": [ 48.196111, 46.614824, 44.068814, 42.780157 ] }, { "date": "2025-08-15", "close": 51.539993, "volume": 1308775, "typical_volume": 1148920.4, "trend": 42.091637, "fair_value": 36.248493, "relative_strength": 7.087077, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.706336, "energy": 81.484001, "activity_lines": [ 49.43444, 47.815256, 44.97487, 43.407872 ] }, { "date": "2025-08-22", "close": 53.814977, "volume": 1183368, "typical_volume": 1161838.8, "trend": 42.455216, "fair_value": 36.375156, "relative_strength": 12.678617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.489936, "energy": 77.316031, "activity_lines": [ 51.074468, 49.235406, 46.039697, 44.164217 ] }, { "date": "2025-08-29", "close": 53.879131, "volume": 1181862, "typical_volume": 1157839.45, "trend": 42.81475, "fair_value": 36.507822, "relative_strength": 12.921392, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.157342, "energy": 87.660648, "activity_lines": [ 52.286806, 50.41534, 47.023673, 44.901244 ] }, { "date": "2025-09-05", "close": 54.678583, "volume": 654828, "typical_volume": 1147890.2, "trend": 43.206466, "fair_value": 36.638902, "relative_strength": 13.307362, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.329448, "energy": 88.33268, "activity_lines": [ 53.472167, 51.48526, 47.995631, 45.666652 ] }, { "date": "2025-09-12", "close": 54.471318, "volume": 889503, "typical_volume": 1132378.05, "trend": 43.616336, "fair_value": 36.763001, "relative_strength": 10.683502, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.82459, "energy": 84.7535, "activity_lines": [ 54.125217, 52.304363, 48.861031, 46.393417 ] }, { "date": "2025-09-19", "close": 52.832934, "volume": 1665840, "typical_volume": 1156697.45, "trend": 44.019768, "fair_value": 36.876657, "relative_strength": 5.074774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.453354, "energy": 64.352141, "activity_lines": [ 53.843929, 52.682913, 49.498307, 46.988036 ] }, { "date": "2025-09-26", "close": 52.497361, "volume": 730158, "typical_volume": 1161617.95, "trend": 44.403876, "fair_value": 36.996521, "relative_strength": 4.743364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.746553, "energy": 58.855255, "activity_lines": [ 53.364586, 52.879681, 50.050093, 47.534978 ] }, { "date": "2025-10-03", "close": 51.853336, "volume": 905387, "typical_volume": 1170246.0, "trend": 44.819899, "fair_value": 37.106215, "relative_strength": 2.167529, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.54738, "energy": 46.767473, "activity_lines": [ 52.75841, 52.860835, 50.485992, 48.015588 ] }, { "date": "2025-10-10", "close": 48.760574, "volume": 1310196, "typical_volume": 1192402.4, "trend": 45.147478, "fair_value": 37.176835, "relative_strength": -1.661838, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.237636, "energy": 27.964252, "activity_lines": [ 51.256366, 52.236465, 50.578335, 48.269825 ] }, { "date": "2025-10-17", "close": 47.253843, "volume": 1500850, "typical_volume": 1234370.5, "trend": 45.403674, "fair_value": 37.23827, "relative_strength": -6.807001, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.513071, "energy": 22.602536, "activity_lines": [ 49.646612, 51.319412, 50.486683, 48.40572 ] }, { "date": "2025-10-24", "close": 48.631709, "volume": 898864, "typical_volume": 1239592.2, "trend": 45.711984, "fair_value": 37.286978, "relative_strength": -6.094967, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.73918, "energy": 25.025977, "activity_lines": [ 48.977311, 50.678231, 50.494664, 48.61398 ] }, { "date": "2025-10-31", "close": 48.116248, "volume": 1021525, "typical_volume": 1246376.5, "trend": 46.130759, "fair_value": 37.325749, "relative_strength": -8.712601, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.584875, "energy": 23.056098, "activity_lines": [ 48.416273, 49.996208, 50.416615, 48.769094 ] }, { "date": "2025-11-07", "close": 50.6539, "volume": 944329, "typical_volume": 1253769.3, "trend": 46.64034, "fair_value": 37.375811, "relative_strength": -0.780324, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.466394, "energy": 18.647856, "activity_lines": [ 48.993192, 49.879189, 50.541415, 49.060909 ] }, { "date": "2025-11-14", "close": 50.505209, "volume": 865770, "typical_volume": 1228839.3, "trend": 47.108964, "fair_value": 37.421485, "relative_strength": -0.768001, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.129814, "energy": 10.873536, "activity_lines": [ 49.60051, 49.793776, 50.60053, 49.310256 ] }, { "date": "2025-11-21", "close": 49.960011, "volume": 897345, "typical_volume": 1205439.25, "trend": 47.463193, "fair_value": 37.452647, "relative_strength": 1.479558, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.279786, "energy": 15.173127, "activity_lines": [ 49.909786, 49.685116, 50.571774, 49.494194 ] }, { "date": "2025-11-28", "close": 50.564685, "volume": 1021066, "typical_volume": 1194325.65, "trend": 47.762301, "fair_value": 37.490233, "relative_strength": -1.92882, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.671615, "energy": 20.86471, "activity_lines": [ 50.24021, 49.76842, 50.584724, 49.69429 ] }, { "date": "2025-12-05", "close": 50.534947, "volume": 658641, "typical_volume": 1173621.85, "trend": 48.078747, "fair_value": 37.540599, "relative_strength": -2.780085, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.722704, "energy": 19.424576, "activity_lines": [ 50.431855, 49.887558, 50.574013, 49.873171 ] }, { "date": "2025-12-12", "close": 52.89417, "volume": 1040981, "typical_volume": 1124205.4, "trend": 48.456487, "fair_value": 37.633807, "relative_strength": 3.758256, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.628859, "energy": 30.490132, "activity_lines": [ 51.248662, 50.471326, 50.771532, 50.183843 ] }, { "date": "2025-12-19", "close": 51.843424, "volume": 1781848, "typical_volume": 1090200.55, "trend": 48.842731, "fair_value": 37.709262, "relative_strength": 1.135274, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 41.260364, "energy": 30.106522, "activity_lines": [ 51.565868, 50.845125, 50.852709, 50.402355 ] }, { "date": "2025-12-26", "close": 51.615432, "volume": 462487, "typical_volume": 1046181.15, "trend": 49.209266, "fair_value": 37.785109, "relative_strength": -0.535451, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.342698, "energy": 35.37199, "activity_lines": [ 51.717863, 51.121419, 50.892586, 50.581239 ] }, { "date": "2026-01-02", "close": 50.694089, "volume": 695894, "typical_volume": 1015537.1, "trend": 49.53658, "fair_value": 37.863264, "relative_strength": -0.60839, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.774293, "energy": 29.132237, "activity_lines": [ 51.452382, 51.150894, 50.830586, 50.677034 ] }, { "date": "2026-01-09", "close": 53.432426, "volume": 1008661, "typical_volume": 1006801.75, "trend": 49.985609, "fair_value": 37.953258, "relative_strength": 2.356342, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.915465, "energy": 36.326864, "activity_lines": [ 52.091053, 51.640751, 51.033408, 50.928379 ] }, { "date": "2026-01-16", "close": 57.674359, "volume": 1507748, "typical_volume": 1023096.05, "trend": 50.580291, "fair_value": 38.088242, "relative_strength": 11.189105, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.299454, "energy": 69.149675, "activity_lines": [ 53.950537, 52.805211, 51.642045, 51.424428 ] }, { "date": "2026-01-23", "close": 57.524996, "volume": 1889993, "typical_volume": 1084854.3, "trend": 51.065918, "fair_value": 38.228342, "relative_strength": 10.362627, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.631633, "energy": 75.587347, "activity_lines": [ 55.441554, 53.81487, 52.218385, 51.872473 ] }, { "date": "2026-01-30", "close": 57.684317, "volume": 1491760, "typical_volume": 1114967.15, "trend": 51.434567, "fair_value": 38.342317, "relative_strength": 10.569644, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.825358, "energy": 79.918419, "activity_lines": [ 56.606906, 54.725863, 52.796344, 52.299466 ] }, { "date": "2026-02-06", "close": 61.966081, "volume": 1337690, "typical_volume": 1098559.65, "trend": 51.960417, "fair_value": 38.489395, "relative_strength": 20.628519, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.447804, "energy": 90.314028, "activity_lines": [ 58.79492, 56.274917, 53.76679, 52.978919 ] }, { "date": "2026-02-13", "close": 60.671594, "volume": 911936, "typical_volume": 1107648.55, "trend": 52.413509, "fair_value": 38.629901, "relative_strength": 19.026798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.853057, "energy": 85.994699, "activity_lines": [ 59.799973, 57.381311, 54.57046, 53.54093 ] }, { "date": "2026-02-20", "close": 61.966081, "volume": 877572, "typical_volume": 1106257.8, "trend": 52.829804, "fair_value": 38.789956, "relative_strength": 19.539807, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.763149, "energy": 88.221184, "activity_lines": [ 60.75391, 58.538765, 55.45849, 54.157225 ] }, { "date": "2026-02-27", "close": 56.549152, "volume": 948619, "typical_volume": 1088178.95, "trend": 53.123768, "fair_value": 38.90487, "relative_strength": 9.065337, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.985611, "energy": 59.510552, "activity_lines": [ 59.61609, 58.546378, 55.782466, 54.397183 ] }, { "date": "2026-03-06", "close": 55.692799, "volume": 887110, "typical_volume": 1057491.95, "trend": 53.358589, "fair_value": 39.033462, "relative_strength": 8.461197, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.697909, "energy": 37.121925, "activity_lines": [ 58.257874, 58.312732, 55.987796, 54.562927 ] }, { "date": "2026-03-13", "close": 52.96442, "volume": 1265923, "typical_volume": 1075844.9, "trend": 53.40607, "fair_value": 39.160876, "relative_strength": 4.016982, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.500867, "energy": 18.819994, "activity_lines": [ 56.122967, 57.508883, 55.893095, 54.537497 ] }, { "date": "2026-03-20", "close": 52.486455, "volume": 1412231, "typical_volume": 1095380.2, "trend": 53.361786, "fair_value": 39.280047, "relative_strength": 4.967337, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.611823, "energy": 23.130277, "activity_lines": [ 54.428849, 56.576852, 55.732242, 54.478167 ] }, { "date": "2026-03-27", "close": 54.955937, "volume": 1127817, "typical_volume": 1104554.6, "trend": 53.39768, "fair_value": 39.419563, "relative_strength": 13.2334, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.493504, "energy": 25.46609, "activity_lines": [ 54.103568, 56.111018, 55.785766, 54.581015 ] }, { "date": "2026-04-03", "close": 55.87, "volume": 1019765, "typical_volume": 1112254.35, "trend": 53.437394, "fair_value": 39.56985, "relative_strength": 10.438215, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.235557, "energy": 17.97109, "activity_lines": [ 54.550317, 55.860803, 55.905859, 54.74052 ] }, { "date": "2026-04-10", "close": 58.63, "volume": 973914, "typical_volume": 1116082.8, "trend": 53.576016, "fair_value": 39.746156, "relative_strength": 10.50976, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.967446, "energy": 15.218653, "activity_lines": [ 55.962343, 56.142497, 56.263262, 55.075527 ] }, { "date": "2026-04-17", "close": 59.51, "volume": 872084, "typical_volume": 1108633.7, "trend": 53.798585, "fair_value": 39.930858, "relative_strength": 5.421231, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.474393, "energy": 32.277803, "activity_lines": [ 57.471889, 56.566996, 56.663189, 55.458364 ] }, { "date": "2026-04-24", "close": 58.33, "volume": 1241594, "typical_volume": 1137781.35, "trend": 53.993006, "fair_value": 40.120395, "relative_strength": 1.006262, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 43.582539, "energy": 42.608396, "activity_lines": [ 58.151729, 56.821607, 56.908138, 55.750714 ] }, { "date": "2026-05-01", "close": 57.573862, "volume": 949699, "typical_volume": 1133217.25, "trend": 54.183691, "fair_value": 40.315269, "relative_strength": -1.821965, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.713315, "energy": 43.960156, "activity_lines": [ 58.189954, 56.981312, 57.043954, 55.981737 ] }, { "date": "2026-05-08", "close": 58.63986, "volume": 823334, "typical_volume": 1085291.55, "trend": 54.513, "fair_value": 40.527697, "relative_strength": -5.176177, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.203586, "energy": 47.437343, "activity_lines": [ 58.408983, 57.414693, 57.259011, 56.269232 ] }, { "date": "2026-05-15", "close": 57.155432, "volume": 1278785, "typical_volume": 1126106.45, "trend": 54.843053, "fair_value": 40.713299, "relative_strength": -7.289689, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.989126, "energy": 27.677019, "activity_lines": [ 57.948546, 57.540165, 57.300329, 56.439711 ] }, { "date": "2026-05-22", "close": 58.430645, "volume": 801076, "typical_volume": 1131365.55, "trend": 55.169684, "fair_value": 40.900127, "relative_strength": -6.40171, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.291167, "energy": 26.553261, "activity_lines": [ 58.011484, 57.870901, 57.436714, 56.671169 ] }, { "date": "2026-05-29", "close": 58.609972, "volume": 893133, "typical_volume": 1125589.15, "trend": 55.519475, "fair_value": 41.077143, "relative_strength": -8.772696, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.625687, "energy": 28.270771, "activity_lines": [ 58.206155, 58.134857, 57.553338, 56.893123 ] }, { "date": "2026-06-05", "close": 59.048326, "volume": 994600, "typical_volume": 1099931.75, "trend": 55.799289, "fair_value": 41.259544, "relative_strength": -3.89048, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.098015, "energy": 28.806913, "activity_lines": [ 58.528278, 58.367176, 57.687055, 57.12079 ] }, { "date": "2026-06-12", "close": 61.548939, "volume": 961296, "typical_volume": 1053496.9, "trend": 56.167414, "fair_value": 41.450188, "relative_strength": -2.279996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.52365, "energy": 52.016113, "activity_lines": [ 59.585642, 58.979745, 58.052383, 57.491736 ] }, { "date": "2026-06-19", "close": 60.532754, "volume": 1416434, "typical_volume": 1049730.6, "trend": 56.519838, "fair_value": 41.65738, "relative_strength": -6.515538, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.372861, "energy": 53.340669, "activity_lines": [ 60.11034, 59.304299, 58.30177, 57.77337 ] }, { "date": "2026-06-26", "close": 63.292394, "volume": 2026990, "typical_volume": 1084195.6, "trend": 56.944095, "fair_value": 41.88362, "relative_strength": 2.106231, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.200602, "energy": 68.821665, "activity_lines": [ 61.329762, 60.096011, 58.800415, 58.210309 ] }, { "date": "2026-07-03", "close": 63.8, "volume": 1452035, "typical_volume": 1111200.55, "trend": 57.386264, "fair_value": 42.108951, "relative_strength": 1.926358, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.269858, "energy": 72.969502, "activity_lines": [ 62.394269, 60.911244, 59.341089, 58.652626 ] }, { "date": "2026-07-10", "close": 63.72, "volume": 822447, "typical_volume": 1108444.3, "trend": 57.747125, "fair_value": 42.326047, "relative_strength": -0.104185, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.599925, "energy": 71.877011, "activity_lines": [ 63.086109, 61.612477, 59.859246, 59.061254 ] }, { "date": "2026-07-17", "close": 64.43, "volume": 1726345, "typical_volume": 1147330.6, "trend": 58.166677, "fair_value": 42.536653, "relative_strength": 5.198155, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.112203, "energy": 74.007632, "activity_lines": [ 63.703169, 62.331053, 60.43667, 59.492407 ] }, { "date": "2026-07-24", "close": 62.74, "volume": 1402527, "typical_volume": 1173101.45, "trend": 58.537496, "fair_value": 42.731601, "relative_strength": 4.009483, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.239863, "energy": 57.213362, "activity_lines": [ 63.564826, 62.637081, 60.815614, 59.78746 ] }, { "date": "2026-07-31", "close": 62.87, "volume": 1050235, "typical_volume": 1162317.05, "trend": 58.94336, "fair_value": 42.931121, "relative_strength": 3.544931, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.350586, "energy": 44.825175, "activity_lines": [ 63.322667, 62.865208, 61.17338, 60.066977 ] }, { "date": "2026-08-07", "close": 64.67, "volume": 947795, "typical_volume": 1139095.25, "trend": 59.317946, "fair_value": 43.150325, "relative_strength": 1.249354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.123251, "energy": 46.979753, "activity_lines": [ 63.708667, 63.339892, 61.655406, 60.436437 ] } ], "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." } } }