{ "ticker": { "uuid": "4ca273b9-5c0d-4d7f-8514-3f1e291b115c", "symbol": "LCNB", "name": "LCNB Corporation", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 70.855, "architecture_energy": 80.019, "architecture_maturity": 29.409, "architecture_confidence": 81.342, "architecture_tenure": "Developing", "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": 4.03, "rotation_up": 78.32, "upward_expansion": 93.98, "deceleration": 42.42, "rotation_down": 9.39, "downward_expansion": 18.32 }, "activity_lines": [ 19.633333, 18.974, 17.994208, 17.493366 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 19.87, "trend_reference": 17.01759, "distance_from_trend": 0.167615, "trend_direction": "Improving", "fair_value": 14.379275, "distance_from_fair_value": 0.38185, "fair_value_direction": "Improving", "relative_strength": 7.026629, "relative_strength_direction": "Improving", "price_momentum": 0.166386, "excess_performance": -0.021068, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.167615, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.055622, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.38185, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.226168, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.070266, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.191678, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.166386, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.113917, "read": "Demand-led" } ], "volume": { "latest": 294977, "relative_activity": 1.848619, "balance": 2.113917, "dry_up": 1.713606, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.062583, "annualized_volatility": 0.268033, "from_high_reference": -0.068011, "from_low_reference": 0.462609 }, "levels": { "trend_reference": 17.01759, "fair_value_reference": 14.379275, "structural_low": 14.636603, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 26, "median_return": 0.005556, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.002657, "regime_survival": 0.730769, "best_return": 0.113438, "worst_return": -0.122294, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.014046, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.050633, "regime_survival": 0.4, "best_return": 0.140851, "worst_return": -0.187576, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.035473, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.028807, "regime_survival": 0.333333, "best_return": 0.176715, "worst_return": -0.186831, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.025666, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.155791, "regime_survival": 0.75, "best_return": 0.167852, "worst_return": -0.097228, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-08-30", "tenure": "New", "return": 0.151079, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-10-11", "tenure": "Developing", "return": -0.029005, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-18", "end": "2024-11-01", "tenure": "New", "return": 0.052425, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2024-12-27", "tenure": "Developing", "return": -0.094588, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-07", "tenure": "Developing", "return": 0.037333, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-14", "end": "2025-04-04", "tenure": "Developing", "return": -0.074258, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-09", "tenure": "Developing", "return": 0.080645, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-07-11", "tenure": "Developing", "return": 0.00696, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-10-10", "tenure": "Established", "return": -0.039916, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-11-14", "tenure": "Developing", "return": 0.084873, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-21", "end": "2026-03-13", "tenure": "Established", "return": 0.042794, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-15", "tenure": "Developing", "return": 0.033663, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-06-12", "tenure": "New", "return": 0.082705, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.155905, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 13.575869, "volume": 78212, "typical_volume": 170662.95, "trend": 13.587623, "fair_value": 13.268037, "relative_strength": -15.786773, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.559181, "energy": 53.114069, "activity_lines": [ 14.028398, 13.599326, 13.147317, 13.243338 ] }, { "date": "2023-08-25", "close": 13.390361, "volume": 54672, "typical_volume": 168154.75, "trend": 13.535923, "fair_value": 13.283632, "relative_strength": -18.084716, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.811013, "energy": 28.128652, "activity_lines": [ 13.795669, 13.622017, 13.182273, 13.230612 ] }, { "date": "2023-09-01", "close": 12.843573, "volume": 72594, "typical_volume": 167155.3, "trend": 13.449578, "fair_value": 13.295239, "relative_strength": -23.890781, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -11.69519, "energy": 9.738885, "activity_lines": [ 13.403726, 13.531953, 13.165608, 13.185944 ] }, { "date": "2023-09-08", "close": 12.954736, "volume": 93268, "typical_volume": 168778.45, "trend": 13.366391, "fair_value": 13.30941, "relative_strength": -21.998548, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.908712, "energy": 16.770326, "activity_lines": [ 13.167924, 13.458857, 13.166026, 13.154019 ] }, { "date": "2023-09-15", "close": 13.433591, "volume": 160489, "typical_volume": 171671.2, "trend": 13.299165, "fair_value": 13.326413, "relative_strength": -18.519953, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.882347, "energy": 14.297414, "activity_lines": [ 13.191614, 13.463575, 13.215447, 13.158354 ] }, { "date": "2023-09-22", "close": 12.501534, "volume": 77505, "typical_volume": 170390.6, "trend": 13.207439, "fair_value": 13.34404, "relative_strength": -21.228059, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.780213, "energy": 23.189851, "activity_lines": [ 12.945583, 13.276885, 13.172632, 13.106894 ] }, { "date": "2023-09-29", "close": 12.202249, "volume": 105758, "typical_volume": 171474.45, "trend": 13.121482, "fair_value": 13.354668, "relative_strength": -22.707302, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.892535, "energy": 39.520288, "activity_lines": [ 12.671413, 13.03063, 13.101491, 13.042043 ] }, { "date": "2023-10-06", "close": 11.68064, "volume": 146543, "typical_volume": 174840.35, "trend": 13.030595, "fair_value": 13.362238, "relative_strength": -26.784833, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.432951, "energy": 60.868233, "activity_lines": [ 12.302581, 12.717425, 12.982157, 12.949086 ] }, { "date": "2023-10-13", "close": 11.569477, "volume": 136789, "typical_volume": 174375.0, "trend": 12.956762, "fair_value": 13.370425, "relative_strength": -26.922856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.294984, "energy": 73.11249, "activity_lines": [ 11.974223, 12.43763, 12.854504, 12.85482 ] }, { "date": "2023-10-20", "close": 11.364253, "volume": 141234, "typical_volume": 174990.3, "trend": 12.865846, "fair_value": 13.375492, "relative_strength": -25.343884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.269841, "energy": 78.861424, "activity_lines": [ 11.669808, 12.172947, 12.708858, 12.752077 ] }, { "date": "2023-10-27", "close": 12.073985, "volume": 84600, "typical_volume": 169576.35, "trend": 12.816026, "fair_value": 13.387577, "relative_strength": -17.944325, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.951882, "energy": 71.090948, "activity_lines": [ 11.739926, 12.086103, 12.632584, 12.70099 ] }, { "date": "2023-11-03", "close": 12.740961, "volume": 117713, "typical_volume": 167897.8, "trend": 12.791207, "fair_value": 13.403415, "relative_strength": -17.927355, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.153518, "energy": 37.541633, "activity_lines": [ 12.060873, 12.147834, 12.62377, 12.696147 ] }, { "date": "2023-11-10", "close": 12.38182, "volume": 148498, "typical_volume": 113751.8, "trend": 12.730335, "fair_value": 13.411351, "relative_strength": -21.904121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.718274, "energy": 23.406832, "activity_lines": [ 12.226192, 12.156074, 12.580352, 12.669735 ] }, { "date": "2023-11-17", "close": 12.924807, "volume": 169595, "typical_volume": 115823.35, "trend": 12.705555, "fair_value": 13.422244, "relative_strength": -19.461664, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.927234, "energy": 18.447911, "activity_lines": [ 12.525761, 12.271435, 12.589996, 12.682281 ] }, { "date": "2023-11-24", "close": 12.681104, "volume": 50508, "typical_volume": 112301.75, "trend": 12.70476, "fair_value": 13.429535, "relative_strength": -21.011049, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.578713, "energy": 20.735384, "activity_lines": [ 12.653741, 12.34303, 12.57415, 12.680704 ] }, { "date": "2023-12-01", "close": 12.942156, "volume": 108694, "typical_volume": 113695.2, "trend": 12.718202, "fair_value": 13.437741, "relative_strength": -18.72361, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.963878, "energy": 13.714962, "activity_lines": [ 12.780948, 12.47577, 12.581003, 12.69602 ] }, { "date": "2023-12-08", "close": 13.1418, "volume": 114904, "typical_volume": 110818.1, "trend": 12.739129, "fair_value": 13.45016, "relative_strength": -17.142642, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.081196, "energy": 20.422159, "activity_lines": [ 12.916825, 12.636798, 12.603422, 12.723348 ] }, { "date": "2023-12-15", "close": 14.834436, "volume": 228734, "typical_volume": 114828.95, "trend": 12.82838, "fair_value": 13.473621, "relative_strength": -8.830677, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 54.663978, "energy": 54.424366, "activity_lines": [ 13.590191, 13.088496, 12.789874, 12.85853 ] }, { "date": "2023-12-22", "close": 14.469869, "volume": 125022, "typical_volume": 114608.2, "trend": 12.914198, "fair_value": 13.496187, "relative_strength": -11.09455, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 66.364815, "energy": 69.370844, "activity_lines": [ 13.978527, 13.416566, 12.940632, 12.964432 ] }, { "date": "2023-12-29", "close": 13.688652, "volume": 95094, "typical_volume": 115521.3, "trend": 12.979231, "fair_value": 13.513313, "relative_strength": -15.254972, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.486722, "energy": 67.606271, "activity_lines": [ 14.003453, 13.549863, 13.016907, 13.014397 ] }, { "date": "2024-01-05", "close": 13.627891, "volume": 123622, "typical_volume": 117791.8, "trend": 13.003451, "fair_value": 13.527358, "relative_strength": -11.987859, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.077254, "energy": 63.065469, "activity_lines": [ 13.940956, 13.629851, 13.089107, 13.056246 ] }, { "date": "2024-01-12", "close": 12.837994, "volume": 108591, "typical_volume": 120487.75, "trend": 13.009492, "fair_value": 13.533021, "relative_strength": -18.763212, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.68515, "energy": 26.861952, "activity_lines": [ 13.569444, 13.537968, 13.085831, 13.045571 ] }, { "date": "2024-01-19", "close": 13.185201, "volume": 81035, "typical_volume": 120909.8, "trend": 13.026826, "fair_value": 13.543411, "relative_strength": -18.015557, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.120891, "energy": 17.912681, "activity_lines": [ 13.333922, 13.50745, 13.118252, 13.056907 ] }, { "date": "2024-01-26", "close": 13.688652, "volume": 101383, "typical_volume": 121315.55, "trend": 13.068249, "fair_value": 13.55722, "relative_strength": -14.618591, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.114363, "energy": 19.731609, "activity_lines": [ 13.376165, 13.553861, 13.196994, 13.099606 ] }, { "date": "2024-02-02", "close": 12.560228, "volume": 77284, "typical_volume": 117155.3, "trend": 13.079366, "fair_value": 13.557978, "relative_strength": -21.752224, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.589008, "energy": 15.500492, "activity_lines": [ 13.094349, 13.381216, 13.164773, 13.06683 ] }, { "date": "2024-02-09", "close": 12.273782, "volume": 151743, "typical_volume": 120867.2, "trend": 13.081216, "fair_value": 13.55565, "relative_strength": -24.012855, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.178342, "energy": 18.761538, "activity_lines": [ 12.792278, 13.158687, 13.10943, 13.014857 ] }, { "date": "2024-02-16", "close": 12.594949, "volume": 126860, "typical_volume": 121922.3, "trend": 13.043179, "fair_value": 13.555429, "relative_strength": -19.917365, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.001283, "energy": 20.725508, "activity_lines": [ 12.687537, 13.006705, 13.085758, 12.983485 ] }, { "date": "2024-02-23", "close": 12.369264, "volume": 88326, "typical_volume": 119011.45, "trend": 12.967824, "fair_value": 13.552223, "relative_strength": -21.465568, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.387566, "energy": 28.974482, "activity_lines": [ 12.523771, 12.823632, 13.038723, 12.940006 ] }, { "date": "2024-03-01", "close": 12.227533, "volume": 74089, "typical_volume": 115876.45, "trend": 12.893648, "fair_value": 13.541594, "relative_strength": -22.991142, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.810589, "energy": 40.041093, "activity_lines": [ 12.367157, 12.659611, 12.974911, 12.892246 ] }, { "date": "2024-03-08", "close": 12.835824, "volume": 103130, "typical_volume": 113971.25, "trend": 12.85324, "fair_value": 13.526843, "relative_strength": -17.004366, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.581099, "energy": 22.304218, "activity_lines": [ 12.510715, 12.646958, 12.965897, 12.888515 ] }, { "date": "2024-03-15", "close": 13.823195, "volume": 514164, "typical_volume": 135449.45, "trend": 12.861484, "fair_value": 13.526735, "relative_strength": -8.893348, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.991567, "energy": 9.619648, "activity_lines": [ 12.965023, 12.829334, 13.043911, 12.951093 ] }, { "date": "2024-03-22", "close": 13.303062, "volume": 198929, "typical_volume": 139510.25, "trend": 12.858574, "fair_value": 13.522271, "relative_strength": -14.134004, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.991189, "energy": 19.987846, "activity_lines": [ 13.142659, 12.913588, 13.064059, 12.979582 ] }, { "date": "2024-03-29", "close": 14.052406, "volume": 74524, "typical_volume": 135811.55, "trend": 12.898868, "fair_value": 13.523535, "relative_strength": -8.258468, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.615595, "energy": 36.196387, "activity_lines": [ 13.52287, 13.125631, 13.152897, 13.056603 ] }, { "date": "2024-04-05", "close": 13.100298, "volume": 68642, "typical_volume": 130763.9, "trend": 12.90372, "fair_value": 13.519911, "relative_strength": -13.160486, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.671683, "energy": 33.738082, "activity_lines": [ 13.473501, 13.148796, 13.143103, 13.069599 ] }, { "date": "2024-04-12", "close": 12.377401, "volume": 74391, "typical_volume": 131958.05, "trend": 12.868514, "fair_value": 13.510097, "relative_strength": -16.762163, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.21929, "energy": 10.603707, "activity_lines": [ 13.124982, 13.051223, 13.063625, 13.035643 ] }, { "date": "2024-04-19", "close": 13.197272, "volume": 132111, "typical_volume": 133128.9, "trend": 12.891705, "fair_value": 13.507337, "relative_strength": -5.57042, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.559716, "energy": 14.098398, "activity_lines": [ 13.080315, 13.106041, 13.063677, 13.056853 ] }, { "date": "2024-04-26", "close": 13.435299, "volume": 98310, "typical_volume": 132299.2, "trend": 12.932807, "fair_value": 13.505374, "relative_strength": -7.064527, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.229899, "energy": 13.331612, "activity_lines": [ 13.156719, 13.187347, 13.085183, 13.091923 ] }, { "date": "2024-05-03", "close": 12.897534, "volume": 135882, "typical_volume": 127656.6, "trend": 12.97337, "fair_value": 13.502735, "relative_strength": -11.219892, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.31691, "energy": 9.869954, "activity_lines": [ 13.045052, 13.155597, 13.054076, 13.089648 ] }, { "date": "2024-05-10", "close": 12.915166, "volume": 84403, "typical_volume": 125625.65, "trend": 13.018226, "fair_value": 13.496611, "relative_strength": -11.937421, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.961305, "energy": 3.35884, "activity_lines": [ 13.016254, 13.117449, 13.033871, 13.085893 ] }, { "date": "2024-05-17", "close": 13.100298, "volume": 62300, "typical_volume": 123985.95, "trend": 13.076095, "fair_value": 13.493521, "relative_strength": -12.218085, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.062012, "energy": 2.071228, "activity_lines": [ 13.061508, 13.100458, 13.038701, 13.091188 ] }, { "date": "2024-05-24", "close": 12.712402, "volume": 71675, "typical_volume": 121388.6, "trend": 13.097375, "fair_value": 13.488334, "relative_strength": -15.644031, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.891617, "energy": 24.684158, "activity_lines": [ 12.929271, 13.008133, 13.009391, 13.067723 ] }, { "date": "2024-05-31", "close": 12.430296, "volume": 92283, "typical_volume": 120573.2, "trend": 13.08702, "fair_value": 13.481289, "relative_strength": -15.909064, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.571857, "energy": 36.482214, "activity_lines": [ 12.735323, 12.884711, 12.957572, 13.024686 ] }, { "date": "2024-06-07", "close": 12.275063, "volume": 99218, "typical_volume": 121482.35, "trend": 13.083461, "fair_value": 13.475068, "relative_strength": -18.673848, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.973474, "energy": 47.090974, "activity_lines": [ 12.556631, 12.748934, 12.892911, 12.972302 ] }, { "date": "2024-06-14", "close": 12.489944, "volume": 121277, "typical_volume": 122477.05, "trend": 13.068966, "fair_value": 13.475284, "relative_strength": -19.646972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.301413, "energy": 50.155034, "activity_lines": [ 12.491064, 12.684542, 12.853049, 12.93401 ] }, { "date": "2024-06-21", "close": 11.478213, "volume": 226527, "typical_volume": 129939.2, "trend": 13.028869, "fair_value": 13.468426, "relative_strength": -25.814852, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.535463, "energy": 65.816186, "activity_lines": [ 12.116602, 12.447295, 12.72254, 12.831381 ] }, { "date": "2024-06-28", "close": 12.45413, "volume": 371348, "typical_volume": 140919.45, "trend": 13.012602, "fair_value": 13.466055, "relative_strength": -19.074694, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.790992, "energy": 52.175206, "activity_lines": [ 12.175584, 12.403837, 12.690128, 12.794301 ] }, { "date": "2024-07-05", "close": 11.693094, "volume": 96455, "typical_volume": 139399.2, "trend": 12.964312, "fair_value": 13.460721, "relative_strength": -26.186767, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.815613, "energy": 57.086927, "activity_lines": [ 11.998105, 12.235521, 12.584377, 12.709172 ] }, { "date": "2024-07-12", "close": 12.489944, "volume": 115866, "typical_volume": 140776.2, "trend": 12.886162, "fair_value": 13.459808, "relative_strength": -20.598126, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.580821, "energy": 39.85268, "activity_lines": [ 12.13539, 12.243763, 12.558811, 12.678567 ] }, { "date": "2024-07-19", "close": 13.295747, "volume": 185681, "typical_volume": 146355.8, "trend": 12.847024, "fair_value": 13.464207, "relative_strength": -11.519637, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.092891, "energy": 10.450125, "activity_lines": [ 12.526951, 12.405925, 12.609414, 12.704992 ] }, { "date": "2024-07-26", "close": 13.931435, "volume": 132076, "typical_volume": 147803.1, "trend": 12.855117, "fair_value": 13.470765, "relative_strength": -4.348034, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 17.633311, "energy": 19.607359, "activity_lines": [ 13.076688, 12.676747, 12.715471, 12.774954 ] }, { "date": "2024-08-02", "close": 12.525757, "volume": 114373, "typical_volume": 127813.55, "trend": 12.818379, "fair_value": 13.463104, "relative_strength": -10.66229, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -4.902853, "energy": 16.824481, "activity_lines": [ 12.994317, 12.67688, 12.682438, 12.753705 ] }, { "date": "2024-08-09", "close": 12.445177, "volume": 130792, "typical_volume": 124406.7, "trend": 12.805286, "fair_value": 13.455909, "relative_strength": -10.961782, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.104535, "energy": 12.346596, "activity_lines": [ 12.88031, 12.665755, 12.647908, 12.729628 ] }, { "date": "2024-08-16", "close": 13.054006, "volume": 68420, "typical_volume": 124101.5, "trend": 12.800912, "fair_value": 13.453649, "relative_strength": -10.855933, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.315827, "energy": 12.422586, "activity_lines": [ 12.919108, 12.765056, 12.675447, 12.745674 ] }, { "date": "2024-08-23", "close": 13.877715, "volume": 72924, "typical_volume": 124315.6, "trend": 12.807214, "fair_value": 13.455096, "relative_strength": -5.734298, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.591988, "energy": 19.407528, "activity_lines": [ 13.194872, 12.99996, 12.786189, 12.815145 ] }, { "date": "2024-08-30", "close": 14.325383, "volume": 94003, "typical_volume": 125296.2, "trend": 12.866053, "fair_value": 13.46025, "relative_strength": -1.674249, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 68.175088, "energy": 52.767499, "activity_lines": [ 13.58106, 13.291026, 12.935864, 12.913091 ] }, { "date": "2024-09-06", "close": 13.781063, "volume": 74250, "typical_volume": 122403.15, "trend": 12.916296, "fair_value": 13.46415, "relative_strength": 0.675811, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.048286, "energy": 56.61299, "activity_lines": [ 13.759545, 13.431357, 13.024423, 12.972124 ] }, { "date": "2024-09-13", "close": 14.335213, "volume": 88650, "typical_volume": 121920.15, "trend": 12.974304, "fair_value": 13.469864, "relative_strength": -0.751907, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.567619, "energy": 66.851423, "activity_lines": [ 14.03906, 13.648317, 13.162979, 13.063667 ] }, { "date": "2024-09-20", "close": 14.008173, "volume": 192028, "typical_volume": 124727.45, "trend": 13.028935, "fair_value": 13.475319, "relative_strength": -4.074124, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.608176, "energy": 62.310617, "activity_lines": [ 14.083559, 13.757777, 13.266102, 13.130369 ] }, { "date": "2024-09-27", "close": 13.67205, "volume": 65361, "typical_volume": 123775.35, "trend": 13.077085, "fair_value": 13.47544, "relative_strength": -6.968552, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.402677, "energy": 45.336388, "activity_lines": [ 13.952406, 13.77852, 13.331925, 13.17186 ] }, { "date": "2024-10-04", "close": 13.335926, "volume": 41290, "typical_volume": 122724.85, "trend": 13.093755, "fair_value": 13.472911, "relative_strength": -9.079153, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.876942, "energy": 26.25738, "activity_lines": [ 13.722923, 13.731307, 13.362131, 13.188559 ] }, { "date": "2024-10-11", "close": 13.381349, "volume": 54346, "typical_volume": 121858.4, "trend": 13.079027, "fair_value": 13.472212, "relative_strength": -9.611073, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.973031, "energy": 17.870012, "activity_lines": [ 13.574544, 13.70318, 13.395542, 13.207114 ] }, { "date": "2024-10-18", "close": 13.862823, "volume": 67954, "typical_volume": 120641.95, "trend": 13.097686, "fair_value": 13.474401, "relative_strength": -6.314919, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.529035, "energy": 19.847698, "activity_lines": [ 13.613304, 13.747038, 13.471622, 13.257681 ] }, { "date": "2024-10-25", "close": 13.553953, "volume": 73995, "typical_volume": 119380.8, "trend": 13.081071, "fair_value": 13.476597, "relative_strength": -8.096368, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.927079, "energy": 17.528459, "activity_lines": [ 13.5806, 13.708962, 13.511464, 13.287118 ] }, { "date": "2024-11-01", "close": 14.589576, "volume": 72511, "typical_volume": 116942.5, "trend": 13.130713, "fair_value": 13.483593, "relative_strength": 0.849817, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 68.240483, "energy": 42.742921, "activity_lines": [ 13.923386, 13.850091, 13.643847, 13.384441 ] }, { "date": "2024-11-08", "close": 15.180063, "volume": 179164, "typical_volume": 114574.35, "trend": 13.224135, "fair_value": 13.493332, "relative_strength": -0.298729, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.372453, "energy": 68.88864, "activity_lines": [ 14.401832, 14.085639, 13.822469, 13.516657 ] }, { "date": "2024-11-15", "close": 15.298161, "volume": 117326, "typical_volume": 101873.25, "trend": 13.294165, "fair_value": 13.494241, "relative_strength": 4.228501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.942663, "energy": 78.741305, "activity_lines": [ 14.796701, 14.327119, 13.99471, 13.650465 ] }, { "date": "2024-11-22", "close": 15.688791, "volume": 163092, "typical_volume": 105205.1, "trend": 13.369281, "fair_value": 13.49532, "relative_strength": 5.061809, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.513294, "energy": 88.038006, "activity_lines": [ 15.193993, 14.61204, 14.190611, 13.804957 ] }, { "date": "2024-11-29", "close": 15.93407, "volume": 89206, "typical_volume": 103872.1, "trend": 13.470499, "fair_value": 13.498889, "relative_strength": 6.026537, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.41564, "energy": 90.465396, "activity_lines": [ 15.551313, 14.916946, 14.390845, 13.970427 ] }, { "date": "2024-12-06", "close": 15.722134, "volume": 103490, "typical_volume": 99762.55, "trend": 13.564065, "fair_value": 13.499343, "relative_strength": 1.546722, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.6222, "energy": 85.053726, "activity_lines": [ 15.679314, 15.148302, 14.554493, 14.115694 ] }, { "date": "2024-12-13", "close": 15.648537, "volume": 81276, "typical_volume": 97222.55, "trend": 13.649006, "fair_value": 13.504696, "relative_strength": 0.78435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.082914, "energy": 75.332144, "activity_lines": [ 15.707278, 15.329002, 14.699579, 14.250176 ] }, { "date": "2024-12-20", "close": 14.020206, "volume": 161500, "typical_volume": 99578.9, "trend": 13.6926, "fair_value": 13.497302, "relative_strength": -7.113146, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.610014, "energy": 35.441256, "activity_lines": [ 15.161234, 15.171595, 14.681408, 14.274124 ] }, { "date": "2024-12-27", "close": 13.744217, "volume": 67697, "typical_volume": 96424.15, "trend": 13.736397, "fair_value": 13.487386, "relative_strength": -9.327214, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.200396, "energy": 16.930299, "activity_lines": [ 14.608391, 14.952392, 14.629837, 14.277455 ] }, { "date": "2025-01-03", "close": 13.799415, "volume": 65330, "typical_volume": 96269.65, "trend": 13.787209, "fair_value": 13.475314, "relative_strength": -7.778779, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.005318, "energy": 22.428037, "activity_lines": [ 14.203585, 14.745382, 14.577336, 14.28152 ] }, { "date": "2025-01-10", "close": 13.339435, "volume": 92763, "typical_volume": 97261.6, "trend": 13.815525, "fair_value": 13.460545, "relative_strength": -8.531946, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.075985, "energy": 37.04515, "activity_lines": [ 13.787762, 14.450276, 14.477479, 14.252632 ] }, { "date": "2025-01-17", "close": 13.863812, "volume": 77084, "typical_volume": 96415.65, "trend": 13.895045, "fair_value": 13.452098, "relative_strength": -7.282386, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.796975, "energy": 32.765553, "activity_lines": [ 13.705579, 14.273242, 14.430125, 14.255747 ] }, { "date": "2025-01-24", "close": 13.643022, "volume": 67313, "typical_volume": 96068.8, "trend": 13.934675, "fair_value": 13.441584, "relative_strength": -9.71041, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.727177, "energy": 30.674386, "activity_lines": [ 13.668781, 14.079995, 14.363941, 14.239487 ] }, { "date": "2025-01-31", "close": 14.222597, "volume": 119537, "typical_volume": 97613.15, "trend": 14.018992, "fair_value": 13.431723, "relative_strength": -4.408976, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.333422, "energy": 21.699995, "activity_lines": [ 13.85032, 14.022219, 14.353613, 14.258063 ] }, { "date": "2025-02-07", "close": 14.314593, "volume": 76091, "typical_volume": 91816.3, "trend": 14.079813, "fair_value": 13.422075, "relative_strength": -3.849756, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -2.175798, "energy": 6.995091, "activity_lines": [ 14.030632, 14.007828, 14.352582, 14.277134 ] }, { "date": "2025-02-14", "close": 14.194998, "volume": 53809, "typical_volume": 91238.7, "trend": 14.109788, "fair_value": 13.416454, "relative_strength": -7.160321, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.854139, "energy": 4.95193, "activity_lines": [ 14.136734, 14.001137, 14.338702, 14.284565 ] }, { "date": "2025-02-21", "close": 13.431431, "volume": 107999, "typical_volume": 94574.15, "trend": 14.093122, "fair_value": 13.410204, "relative_strength": -9.958666, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.976737, "energy": 8.242063, "activity_lines": [ 13.931276, 13.883382, 14.249611, 14.2408 ] }, { "date": "2025-02-28", "close": 14.250196, "volume": 162621, "typical_volume": 99987.9, "trend": 14.150603, "fair_value": 13.406818, "relative_strength": -1.132444, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.444099, "energy": 5.511397, "activity_lines": [ 14.027565, 13.954805, 14.238044, 14.250934 ] }, { "date": "2025-03-07", "close": 14.046204, "volume": 111388, "typical_volume": 102159.6, "trend": 14.20397, "fair_value": 13.404204, "relative_strength": 0.756121, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.543352, "energy": 6.661988, "activity_lines": [ 14.015379, 13.984956, 14.20291, 14.244199 ] }, { "date": "2025-03-14", "close": 13.878209, "volume": 91154, "typical_volume": 103017.55, "trend": 14.231444, "fair_value": 13.399448, "relative_strength": 2.284523, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.047628, "energy": 22.934693, "activity_lines": [ 13.958954, 13.979072, 14.150905, 14.223182 ] }, { "date": "2025-03-21", "close": 13.859543, "volume": 113050, "typical_volume": 105044.5, "trend": 14.230838, "fair_value": 13.394572, "relative_strength": 1.973641, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.163268, "energy": 20.787587, "activity_lines": [ 13.925399, 13.968362, 14.095577, 14.199188 ] }, { "date": "2025-03-28", "close": 13.971539, "volume": 103178, "typical_volume": 101245.2, "trend": 14.219043, "fair_value": 13.394473, "relative_strength": 5.399368, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.071727, "energy": 21.446533, "activity_lines": [ 13.95154, 13.968558, 14.054392, 14.182459 ] }, { "date": "2025-04-04", "close": 13.1409, "volume": 174680, "typical_volume": 104112.9, "trend": 14.197705, "fair_value": 13.391637, "relative_strength": 9.898007, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.072643, "energy": 43.748379, "activity_lines": [ 13.664794, 13.81577, 13.939853, 14.112902 ] }, { "date": "2025-04-11", "close": 12.730247, "volume": 141190, "typical_volume": 103017.8, "trend": 14.144206, "fair_value": 13.385967, "relative_strength": -0.943715, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.467703, "energy": 57.042926, "activity_lines": [ 13.315116, 13.597448, 13.796478, 14.018227 ] }, { "date": "2025-04-18", "close": 13.224897, "volume": 71867, "typical_volume": 102150.85, "trend": 14.118096, "fair_value": 13.384177, "relative_strength": 5.452666, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.719264, "energy": 54.206995, "activity_lines": [ 13.218053, 13.496195, 13.7143, 13.958917 ] }, { "date": "2025-04-25", "close": 13.23423, "volume": 86260, "typical_volume": 101289.35, "trend": 14.103502, "fair_value": 13.38742, "relative_strength": -0.601104, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.665856, "energy": 55.002585, "activity_lines": [ 13.167655, 13.416452, 13.645911, 13.901893 ] }, { "date": "2025-05-02", "close": 13.94354, "volume": 130736, "typical_volume": 103762.35, "trend": 14.123756, "fair_value": 13.395108, "relative_strength": 1.328684, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.058488, "energy": 29.315058, "activity_lines": [ 13.39538, 13.483143, 13.656924, 13.891573 ] }, { "date": "2025-05-09", "close": 13.75688, "volume": 79702, "typical_volume": 99672.45, "trend": 14.136274, "fair_value": 13.403173, "relative_strength": 0.230662, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.142519, "energy": 16.089585, "activity_lines": [ 13.562753, 13.506585, 13.658278, 13.867903 ] }, { "date": "2025-05-16", "close": 14.475523, "volume": 100908, "typical_volume": 101333.0, "trend": 14.156697, "fair_value": 13.41696, "relative_strength": -1.220565, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.071137, "energy": 12.189172, "activity_lines": [ 13.928607, 13.669658, 13.729328, 13.88979 ] }, { "date": "2025-05-23", "close": 13.495555, "volume": 62102, "typical_volume": 101171.6, "trend": 14.154751, "fair_value": 13.421726, "relative_strength": -5.596651, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.5394, "energy": 17.882191, "activity_lines": [ 13.851454, 13.64675, 13.703566, 13.847136 ] }, { "date": "2025-05-30", "close": 13.54222, "volume": 61131, "typical_volume": 99590.0, "trend": 14.119839, "fair_value": 13.426323, "relative_strength": -6.965581, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.414076, "energy": 15.215088, "activity_lines": [ 13.771813, 13.639284, 13.683694, 13.807618 ] }, { "date": "2025-06-06", "close": 13.628528, "volume": 63651, "typical_volume": 98918.35, "trend": 14.068121, "fair_value": 13.431988, "relative_strength": -8.222324, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.068471, "energy": 12.945979, "activity_lines": [ 13.700407, 13.653279, 13.671077, 13.775921 ] }, { "date": "2025-06-13", "close": 13.391592, "volume": 66040, "typical_volume": 98854.7, "trend": 14.004569, "fair_value": 13.441837, "relative_strength": -9.260892, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.361057, "energy": 23.342863, "activity_lines": [ 13.571024, 13.630432, 13.637015, 13.732273 ] }, { "date": "2025-06-20", "close": 13.382115, "volume": 77543, "typical_volume": 96755.0, "trend": 13.927679, "fair_value": 13.449826, "relative_strength": -9.386851, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.937554, "energy": 25.257848, "activity_lines": [ 13.462835, 13.601303, 13.603248, 13.692115 ] }, { "date": "2025-06-27", "close": 13.931805, "volume": 194003, "typical_volume": 102650.6, "trend": 13.860937, "fair_value": 13.462368, "relative_strength": -9.379938, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.109595, "energy": 12.963523, "activity_lines": [ 13.610769, 13.660266, 13.625835, 13.692381 ] }, { "date": "2025-07-04", "close": 14.699476, "volume": 86345, "typical_volume": 104277.4, "trend": 13.826849, "fair_value": 13.478802, "relative_strength": -5.960054, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.206989, "energy": 19.553409, "activity_lines": [ 13.98551, 13.845953, 13.723355, 13.746481 ] }, { "date": "2025-07-11", "close": 14.57627, "volume": 133267, "typical_volume": 105540.8, "trend": 13.791107, "fair_value": 13.495937, "relative_strength": -6.467208, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 56.918266, "energy": 48.772651, "activity_lines": [ 14.242033, 13.982598, 13.80674, 13.79483 ] }, { "date": "2025-07-18", "close": 14.367766, "volume": 123022, "typical_volume": 103560.85, "trend": 13.802692, "fair_value": 13.511016, "relative_strength": -8.806812, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.87929, "energy": 52.722592, "activity_lines": [ 14.365871, 14.069829, 13.864816, 13.832034 ] }, { "date": "2025-07-25", "close": 14.708953, "volume": 78616, "typical_volume": 101922.25, "trend": 13.83485, "fair_value": 13.525661, "relative_strength": -7.210968, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.019007, "energy": 63.785791, "activity_lines": [ 14.53836, 14.207987, 13.954825, 13.890503 ] }, { "date": "2025-08-01", "close": 13.457934, "volume": 122943, "typical_volume": 103511.7, "trend": 13.823467, "fair_value": 13.533007, "relative_strength": -12.962888, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.956377, "energy": 29.293925, "activity_lines": [ 14.205386, 14.114442, 13.922534, 13.866186 ] }, { "date": "2025-08-08", "close": 13.732779, "volume": 98759, "typical_volume": 102797.15, "trend": 13.836578, "fair_value": 13.539391, "relative_strength": -14.150918, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.15258, "energy": 12.573543, "activity_lines": [ 13.995619, 14.071554, 13.91842, 13.860335 ] }, { "date": "2025-08-15", "close": 14.263515, "volume": 105903, "typical_volume": 102933.4, "trend": 13.849902, "fair_value": 13.546043, "relative_strength": -11.084141, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.195262, "energy": 16.237106, "activity_lines": [ 14.027211, 14.121698, 13.965456, 13.887879 ] }, { "date": "2025-08-22", "close": 15.263382, "volume": 88382, "typical_volume": 98618.5, "trend": 13.903914, "fair_value": 13.560902, "relative_strength": -3.798886, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.702002, "energy": 30.171168, "activity_lines": [ 14.412942, 14.342091, 14.106327, 13.979071 ] }, { "date": "2025-08-29", "close": 15.334463, "volume": 86151, "typical_volume": 95866.55, "trend": 13.940976, "fair_value": 13.574397, "relative_strength": -2.858418, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.560054, "energy": 59.77298, "activity_lines": [ 14.762659, 14.541375, 14.243861, 14.071365 ] }, { "date": "2025-09-05", "close": 15.438032, "volume": 79054, "typical_volume": 96225.9, "trend": 13.978424, "fair_value": 13.593681, "relative_strength": -2.887489, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.269302, "energy": 70.583454, "activity_lines": [ 15.105198, 14.723993, 14.378857, 14.167949 ] }, { "date": "2025-09-12", "close": 15.140038, "volume": 74971, "typical_volume": 95661.45, "trend": 14.009925, "fair_value": 13.613057, "relative_strength": -6.187387, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.245308, "energy": 70.257774, "activity_lines": [ 15.216399, 14.825044, 14.474934, 14.242892 ] }, { "date": "2025-09-19", "close": 15.399581, "volume": 139526, "typical_volume": 96100.95, "trend": 14.07553, "fair_value": 13.633681, "relative_strength": -6.370145, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.445879, "energy": 68.561881, "activity_lines": [ 15.320297, 14.965275, 14.586654, 14.332547 ] }, { "date": "2025-09-26", "close": 15.101587, "volume": 62792, "typical_volume": 95255.45, "trend": 14.10391, "fair_value": 13.647973, "relative_strength": -7.579984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.566717, "energy": 51.258662, "activity_lines": [ 15.249127, 15.036355, 14.663061, 14.398744 ] }, { "date": "2025-10-03", "close": 14.409471, "volume": 119552, "typical_volume": 96187.65, "trend": 14.116019, "fair_value": 13.656995, "relative_strength": -12.647804, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.287079, "energy": 25.772198, "activity_lines": [ 14.958037, 14.968254, 14.667148, 14.418458 ] }, { "date": "2025-10-10", "close": 13.794256, "volume": 164923, "typical_volume": 101328.7, "trend": 14.113221, "fair_value": 13.658016, "relative_strength": -14.203434, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 12.483219, "energy": 12.537455, "activity_lines": [ 14.523542, 14.793741, 14.612958, 14.397699 ] }, { "date": "2025-10-17", "close": 14.044187, "volume": 110147, "typical_volume": 103779.5, "trend": 14.119375, "fair_value": 13.654083, "relative_strength": -14.438599, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.916917, "energy": 19.093843, "activity_lines": [ 14.281942, 14.658555, 14.581148, 14.393245 ] }, { "date": "2025-10-24", "close": 14.995847, "volume": 122908, "typical_volume": 106742.35, "trend": 14.153519, "fair_value": 13.658228, "relative_strength": -10.387072, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.779742, "energy": 22.490503, "activity_lines": [ 14.430619, 14.690736, 14.637582, 14.449792 ] }, { "date": "2025-10-31", "close": 14.765141, "volume": 107765, "typical_volume": 108828.6, "trend": 14.20766, "fair_value": 13.659957, "relative_strength": -13.03641, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.15131, "energy": 17.279483, "activity_lines": [ 14.529309, 14.667655, 14.665534, 14.489251 ] }, { "date": "2025-11-07", "close": 14.947783, "volume": 101649, "typical_volume": 110033.9, "trend": 14.281578, "fair_value": 13.665485, "relative_strength": -8.833994, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.047759, "energy": 17.74671, "activity_lines": [ 14.71131, 14.686841, 14.704339, 14.537001 ] }, { "date": "2025-11-14", "close": 15.236165, "volume": 107433, "typical_volume": 105705.4, "trend": 14.34862, "fair_value": 13.671378, "relative_strength": -6.543332, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 56.990459, "energy": 36.034456, "activity_lines": [ 14.953551, 14.765491, 14.763153, 14.598587 ] }, { "date": "2025-11-21", "close": 15.351517, "volume": 95238, "typical_volume": 106150.05, "trend": 14.419197, "fair_value": 13.676658, "relative_strength": -2.475313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.191527, "energy": 51.883485, "activity_lines": [ 15.138115, 14.868784, 14.826742, 14.66329 ] }, { "date": "2025-11-28", "close": 15.25539, "volume": 99756, "typical_volume": 104474.5, "trend": 14.462925, "fair_value": 13.675777, "relative_strength": -7.198441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.268682, "energy": 53.815422, "activity_lines": [ 15.203481, 14.950754, 14.878072, 14.717238 ] }, { "date": "2025-12-05", "close": 15.622403, "volume": 91586, "typical_volume": 102902.7, "trend": 14.525109, "fair_value": 13.67909, "relative_strength": -5.56726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.506979, "energy": 62.975107, "activity_lines": [ 15.373883, 15.102076, 14.96112, 14.792043 ] }, { "date": "2025-12-12", "close": 16.850365, "volume": 185655, "typical_volume": 108254.65, "trend": 14.604271, "fair_value": 13.695853, "relative_strength": 3.989842, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.700054, "energy": 78.213479, "activity_lines": [ 15.896454, 15.467194, 15.155144, 14.94206 ] }, { "date": "2025-12-19", "close": 16.411807, "volume": 175753, "typical_volume": 110895.15, "trend": 14.701479, "fair_value": 13.708121, "relative_strength": 0.76278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.325895, "energy": 76.009931, "activity_lines": [ 16.146, 15.708194, 15.297202, 15.058675 ] }, { "date": "2025-12-26", "close": 16.051215, "volume": 56839, "typical_volume": 108799.15, "trend": 14.785112, "fair_value": 13.716288, "relative_strength": -2.606373, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.919635, "energy": 71.698266, "activity_lines": [ 16.196973, 15.83604, 15.390853, 15.145755 ] }, { "date": "2026-01-02", "close": 15.778334, "volume": 78143, "typical_volume": 107411.15, "trend": 14.856772, "fair_value": 13.721653, "relative_strength": -2.508798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.346673, "energy": 62.173008, "activity_lines": [ 16.110339, 15.87778, 15.447474, 15.209834 ] }, { "date": "2026-01-09", "close": 15.914775, "volume": 153652, "typical_volume": 110674.65, "trend": 14.940878, "fair_value": 13.726525, "relative_strength": -3.716223, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.927215, "energy": 39.456005, "activity_lines": [ 16.034322, 15.930101, 15.509877, 15.278092 ] }, { "date": "2026-01-16", "close": 16.265621, "volume": 91496, "typical_volume": 110941.9, "trend": 15.036995, "fair_value": 13.736908, "relative_strength": -0.701928, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.418381, "energy": 36.860619, "activity_lines": [ 16.055763, 16.025309, 15.602591, 15.363559 ] }, { "date": "2026-01-23", "close": 16.645704, "volume": 144386, "typical_volume": 114208.5, "trend": 15.127459, "fair_value": 13.747833, "relative_strength": 1.31793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.626127, "energy": 41.204984, "activity_lines": [ 16.242881, 16.165663, 15.72707, 15.467347 ] }, { "date": "2026-01-30", "close": 16.674941, "volume": 96383, "typical_volume": 115279.1, "trend": 15.193307, "fair_value": 13.755788, "relative_strength": 1.675645, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.27507, "energy": 44.440985, "activity_lines": [ 16.424151, 16.285704, 15.848583, 15.567184 ] }, { "date": "2026-02-06", "close": 17.035533, "volume": 166718, "typical_volume": 116638.7, "trend": 15.275283, "fair_value": 13.76595, "relative_strength": 5.923116, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.730107, "energy": 62.59213, "activity_lines": [ 16.684037, 16.447246, 15.997128, 15.686038 ] }, { "date": "2026-02-13", "close": 16.840619, "volume": 100321, "typical_volume": 118515.15, "trend": 15.357711, "fair_value": 13.774862, "relative_strength": 5.9425, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.398193, "energy": 62.291839, "activity_lines": [ 16.795139, 16.540982, 16.119321, 15.787027 ] }, { "date": "2026-02-20", "close": 17.011169, "volume": 92855, "typical_volume": 117180.3, "trend": 15.434452, "fair_value": 13.78613, "relative_strength": 5.628736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.564306, "energy": 61.84044, "activity_lines": [ 16.901367, 16.643578, 16.249474, 15.893702 ] }, { "date": "2026-02-27", "close": 16.557993, "volume": 114667, "typical_volume": 114667.5, "trend": 15.537787, "fair_value": 13.797521, "relative_strength": 3.140924, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.385101, "energy": 43.357674, "activity_lines": [ 16.806834, 16.660854, 16.32408, 15.966188 ] }, { "date": "2026-03-06", "close": 16.610522, "volume": 144836, "typical_volume": 116401.95, "trend": 15.633712, "fair_value": 13.811645, "relative_strength": 4.845871, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.461799, "energy": 35.06189, "activity_lines": [ 16.735657, 16.685024, 16.390527, 16.035397 ] }, { "date": "2026-03-13", "close": 16.008477, "volume": 118889, "typical_volume": 116201.0, "trend": 15.691877, "fair_value": 13.825901, "relative_strength": 2.229449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.387657, "energy": 20.191744, "activity_lines": [ 16.468094, 16.589561, 16.387416, 16.059575 ] }, { "date": "2026-03-20", "close": 14.95243, "volume": 237668, "typical_volume": 122696.15, "trend": 15.681512, "fair_value": 13.831419, "relative_strength": -2.368183, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.987188, "energy": 13.353439, "activity_lines": [ 15.916985, 16.297906, 16.278907, 16.011869 ] }, { "date": "2026-03-27", "close": 15.287996, "volume": 150725, "typical_volume": 125149.95, "trend": 15.679963, "fair_value": 13.842441, "relative_strength": 3.359223, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.956081, "energy": 27.039623, "activity_lines": [ 15.603611, 16.084759, 16.201465, 15.986481 ] }, { "date": "2026-04-03", "close": 15.91965, "volume": 171519, "typical_volume": 128354.25, "trend": 15.696017, "fair_value": 13.858044, "relative_strength": 3.814039, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.333659, "energy": 25.837883, "activity_lines": [ 15.615667, 16.004234, 16.18256, 16.001945 ] }, { "date": "2026-04-10", "close": 16.728957, "volume": 118472, "typical_volume": 129515.95, "trend": 15.748981, "fair_value": 13.874204, "relative_strength": 4.493195, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.217693, "energy": 18.722111, "activity_lines": [ 15.940047, 16.084057, 16.237478, 16.068586 ] }, { "date": "2026-04-17", "close": 16.926349, "volume": 110616, "typical_volume": 130058.95, "trend": 15.799873, "fair_value": 13.895089, "relative_strength": -0.148761, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.95727, "energy": 19.886654, "activity_lines": [ 16.32233, 16.198787, 16.304635, 16.144545 ] }, { "date": "2026-04-24", "close": 16.126912, "volume": 74508, "typical_volume": 129205.05, "trend": 15.834051, "fair_value": 13.917025, "relative_strength": -6.653536, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.534863, "energy": 20.461896, "activity_lines": [ 16.376942, 16.170149, 16.287699, 16.165644 ] }, { "date": "2026-05-01", "close": 16.087433, "volume": 109674, "typical_volume": 125406.0, "trend": 15.889983, "fair_value": 13.939772, "relative_strength": -7.976475, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.562308, "energy": 20.015611, "activity_lines": [ 16.340095, 16.147311, 16.2646, 16.181992 ] }, { "date": "2026-05-08", "close": 16.136781, "volume": 105047, "typical_volume": 121870.7, "trend": 15.968067, "fair_value": 13.962995, "relative_strength": -12.141189, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.00427, "energy": 14.563162, "activity_lines": [ 16.266402, 16.15024, 16.249835, 16.197914 ] }, { "date": "2026-05-15", "close": 15.455779, "volume": 101008, "typical_volume": 124079.15, "trend": 16.01512, "fair_value": 13.984142, "relative_strength": -15.193393, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.418678, "energy": 15.111123, "activity_lines": [ 15.951233, 16.037009, 16.171521, 16.164863 ] }, { "date": "2026-05-22", "close": 16.117042, "volume": 89867, "typical_volume": 124665.35, "trend": 16.052493, "fair_value": 14.011204, "relative_strength": -12.354883, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.091252, "energy": 13.480272, "activity_lines": [ 15.941363, 16.065002, 16.15902, 16.171439 ] }, { "date": "2026-05-29", "close": 16.817783, "volume": 82380, "typical_volume": 121101.75, "trend": 16.120915, "fair_value": 14.043769, "relative_strength": -10.889357, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.806005, "energy": 13.076089, "activity_lines": [ 16.219028, 16.21843, 16.211644, 16.220812 ] }, { "date": "2026-06-05", "close": 16.82, "volume": 105839, "typical_volume": 121818.9, "trend": 16.183322, "fair_value": 14.068889, "relative_strength": -6.537076, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.902928, "energy": 21.0079, "activity_lines": [ 16.451373, 16.338344, 16.260179, 16.265915 ] }, { "date": "2026-06-12", "close": 17.45, "volume": 114815, "typical_volume": 120340.35, "trend": 16.257117, "fair_value": 14.099615, "relative_strength": -5.130723, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.328909, "energy": 48.857734, "activity_lines": [ 16.844881, 16.54495, 16.366074, 16.347636 ] }, { "date": "2026-06-19", "close": 17.19, "volume": 131715, "typical_volume": 122106.95, "trend": 16.318399, "fair_value": 14.12862, "relative_strength": -8.819998, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.208417, "energy": 57.278375, "activity_lines": [ 17.064174, 16.676459, 16.443377, 16.407822 ] }, { "date": "2026-06-26", "close": 18.52, "volume": 400546, "typical_volume": 133798.35, "trend": 16.42722, "fair_value": 14.167556, "relative_strength": 2.808182, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.636833, "energy": 75.341976, "activity_lines": [ 17.611186, 17.041403, 16.644894, 16.549861 ] }, { "date": "2026-07-03", "close": 17.89, "volume": 117822, "typical_volume": 134673.4, "trend": 16.502806, "fair_value": 14.203859, "relative_strength": -1.430867, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.957507, "energy": 70.428882, "activity_lines": [ 17.788, 17.262826, 16.779342, 16.644233 ] }, { "date": "2026-07-10", "close": 17.63, "volume": 113035, "typical_volume": 135682.4, "trend": 16.528794, "fair_value": 14.23855, "relative_strength": -4.440491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.855485, "energy": 65.876505, "activity_lines": [ 17.806667, 17.40492, 16.884031, 16.716956 ] }, { "date": "2026-07-17", "close": 19.14, "volume": 226284, "typical_volume": 141263.25, "trend": 16.619734, "fair_value": 14.27319, "relative_strength": 8.097179, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.604814, "energy": 73.544443, "activity_lines": [ 18.274667, 17.793513, 17.129583, 16.885421 ] }, { "date": "2026-07-24", "close": 20.0, "volume": 281132, "typical_volume": 148078.05, "trend": 16.75136, "fair_value": 14.307614, "relative_strength": 14.513031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.328031, "energy": 79.684656, "activity_lines": [ 18.916667, 18.283866, 17.444744, 17.103502 ] }, { "date": "2026-07-31", "close": 19.81, "volume": 291341, "typical_volume": 156700.65, "trend": 16.885749, "fair_value": 14.341955, "relative_strength": 12.431975, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.296425, "energy": 78.763436, "activity_lines": [ 19.308, 18.657051, 17.72567, 17.300834 ] }, { "date": "2026-08-07", "close": 19.87, "volume": 294977, "typical_volume": 159566.1, "trend": 17.01759, "fair_value": 14.379275, "relative_strength": 7.026629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.855159, "energy": 80.01917, "activity_lines": [ 19.633333, 18.974, 17.994208, 17.493366 ] } ], "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." } } }