{ "ticker": { "uuid": "77a739fd-1a6c-4681-a7c9-05d3e6974e19", "symbol": "PGC", "name": "Peapack-Gladstone Financial", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 43.756, "architecture_energy": 35.513, "architecture_maturity": 64.388, "architecture_confidence": 90.305, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 32.83, "rotation_up": 33.75, "upward_expansion": 62.32, "deceleration": 91.07, "rotation_down": 26.92, "downward_expansion": 16.99 }, "activity_lines": [ 46.032, 46.231091, 44.937692, 42.787648 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 45.8, "trend_reference": 39.668615, "distance_from_trend": 0.154565, "trend_direction": "Improving", "fair_value": 29.608307, "distance_from_fair_value": 0.546863, "fair_value_direction": "Improving", "relative_strength": 17.2574, "relative_strength_direction": "Weakening", "price_momentum": 0.303486, "excess_performance": 0.116033, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.154565, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.184615, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.546863, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.019698, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.172574, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.017457, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.303486, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.641505, "read": "Supply-led" } ], "volume": { "latest": 967765, "relative_activity": 1.22301, "balance": 0.641505, "dry_up": 1.395729, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.063186, "annualized_volatility": 0.223445, "from_high_reference": -0.067958, "from_low_reference": 0.862079 }, "levels": { "trend_reference": 39.668615, "fair_value_reference": 29.608307, "structural_low": 32.322081, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": -0.015562, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.043579, "regime_survival": 0.625, "best_return": 0.136272, "worst_return": -0.193188, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.138523, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.139508, "regime_survival": 0.25, "best_return": 0.384221, "worst_return": -0.195604, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.147605, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.365255, "regime_survival": 0.0, "best_return": -0.035825, "worst_return": -0.259385, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.156333, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.519043, "regime_survival": 0.0, "best_return": -0.114519, "worst_return": -0.198147, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-28", "end": "2025-04-11", "tenure": "New", "return": -0.123331, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-27", "tenure": "Developing", "return": 0.084689, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-08-08", "tenure": "Developing", "return": -0.177088, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-15", "end": "2025-08-29", "tenure": "New", "return": 0.093067, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-09-12", "tenure": "New", "return": 0.013495, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-19", "end": "2025-10-03", "tenure": "New", "return": -0.048176, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-10", "end": "2025-11-07", "tenure": "Developing", "return": -0.050869, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": 0.075385, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2025-12-19", "tenure": "New", "return": -0.001011, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-26", "end": "2026-01-23", "tenure": "Developing", "return": 0.047872, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-20", "tenure": "Developing", "return": 0.047581, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-03", "tenure": "New", "return": 0.043215, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-10", "end": "2026-07-31", "tenure": "Established", "return": 0.199425, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 27.550884, "volume": 442398, "typical_volume": 323890.7, "trend": 29.559105, "fair_value": 30.136035, "relative_strength": -27.696504, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.803664, "energy": 9.755401, "activity_lines": [ 28.160252, 27.942695, 27.559957, 28.029515 ] }, { "date": "2023-08-25", "close": 26.893743, "volume": 364422, "typical_volume": 329937.1, "trend": 29.294907, "fair_value": 30.203809, "relative_strength": -30.10156, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.095128, "energy": 16.578603, "activity_lines": [ 27.646657, 27.780022, 27.530446, 27.857556 ] }, { "date": "2023-09-01", "close": 27.344914, "volume": 314995, "typical_volume": 329159.1, "trend": 28.945557, "fair_value": 30.273921, "relative_strength": -30.996969, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.24638, "energy": 20.274782, "activity_lines": [ 27.416083, 27.73395, 27.547846, 27.73175 ] }, { "date": "2023-09-08", "close": 26.324875, "volume": 264324, "typical_volume": 330758.5, "trend": 28.581743, "fair_value": 30.342857, "relative_strength": -32.177726, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.57622, "energy": 29.149394, "activity_lines": [ 26.966977, 27.492111, 27.466266, 27.562674 ] }, { "date": "2023-09-15", "close": 25.932552, "volume": 332576, "typical_volume": 328607.9, "trend": 28.193451, "fair_value": 30.407615, "relative_strength": -32.287823, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.867104, "energy": 46.524964, "activity_lines": [ 26.555691, 27.182376, 27.349506, 27.391759 ] }, { "date": "2023-09-22", "close": 25.187138, "volume": 298141, "typical_volume": 318460.45, "trend": 27.811255, "fair_value": 30.476594, "relative_strength": -31.361243, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.60023, "energy": 62.823522, "activity_lines": [ 26.01494, 26.746254, 27.161853, 27.197803 ] }, { "date": "2023-09-29", "close": 25.157714, "volume": 200134, "typical_volume": 310988.5, "trend": 27.414399, "fair_value": 30.53996, "relative_strength": -30.818243, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.508757, "energy": 67.057101, "activity_lines": [ 25.621963, 26.341187, 26.968996, 27.026607 ] }, { "date": "2023-10-06", "close": 25.373491, "volume": 260026, "typical_volume": 301898.3, "trend": 27.176193, "fair_value": 30.601503, "relative_strength": -30.705768, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.83626, "energy": 64.434454, "activity_lines": [ 25.416647, 26.043087, 26.791305, 26.894935 ] }, { "date": "2023-10-13", "close": 24.559421, "volume": 215865, "typical_volume": 294600.25, "trend": 26.984139, "fair_value": 30.657027, "relative_strength": -32.143496, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.517325, "energy": 67.524924, "activity_lines": [ 25.071403, 25.66595, 26.543471, 26.726111 ] }, { "date": "2023-10-20", "close": 23.912088, "volume": 226365, "typical_volume": 294109.45, "trend": 26.790049, "fair_value": 30.701557, "relative_strength": -31.103976, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.617179, "energy": 69.904224, "activity_lines": [ 24.628078, 25.249196, 26.244925, 26.527915 ] }, { "date": "2023-10-27", "close": 21.783736, "volume": 322012, "typical_volume": 294463.9, "trend": 26.551398, "fair_value": 30.73713, "relative_strength": -34.592904, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.983193, "energy": 83.235838, "activity_lines": [ 23.609999, 24.514661, 25.761197, 26.204927 ] }, { "date": "2023-11-03", "close": 25.118481, "volume": 490218, "typical_volume": 303374.45, "trend": 26.46462, "fair_value": 30.794141, "relative_strength": -28.069292, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.260586, "energy": 64.911961, "activity_lines": [ 23.930396, 24.4913, 25.627937, 26.11248 ] }, { "date": "2023-11-10", "close": 24.117661, "volume": 250133, "typical_volume": 298822.8, "trend": 26.369887, "fair_value": 30.822038, "relative_strength": -31.858251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.138305, "energy": 57.484201, "activity_lines": [ 23.919802, 24.318249, 25.416869, 25.961064 ] }, { "date": "2023-11-17", "close": 25.424772, "volume": 323850, "typical_volume": 301292.0, "trend": 26.324587, "fair_value": 30.854421, "relative_strength": -28.487641, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.810836, "energy": 36.904428, "activity_lines": [ 24.428634, 24.441532, 25.342957, 25.900088 ] }, { "date": "2023-11-24", "close": 24.953033, "volume": 113123, "typical_volume": 296640.55, "trend": 26.291249, "fair_value": 30.874199, "relative_strength": -29.297046, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.706416, "energy": 20.769083, "activity_lines": [ 24.722529, 24.495409, 25.229303, 25.811601 ] }, { "date": "2023-12-01", "close": 26.043929, "volume": 301853, "typical_volume": 301107.4, "trend": 26.336617, "fair_value": 30.89924, "relative_strength": -25.14972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.339596, "energy": 18.528111, "activity_lines": [ 25.31066, 24.765441, 25.226602, 25.795645 ] }, { "date": "2023-12-08", "close": 26.604119, "volume": 255788, "typical_volume": 300009.45, "trend": 26.422524, "fair_value": 30.931951, "relative_strength": -22.936702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.898799, "energy": 16.885052, "activity_lines": [ 25.801508, 25.121748, 25.282708, 25.812903 ] }, { "date": "2023-12-15", "close": 28.550043, "volume": 797433, "typical_volume": 317005.1, "trend": 26.476692, "fair_value": 30.975899, "relative_strength": -18.931234, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 34.035889, "energy": 31.651784, "activity_lines": [ 26.841954, 25.805561, 25.534993, 25.950162 ] }, { "date": "2023-12-22", "close": 28.992299, "volume": 351707, "typical_volume": 319780.45, "trend": 26.547887, "fair_value": 31.022003, "relative_strength": -17.260244, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.269515, "energy": 47.644724, "activity_lines": [ 27.734328, 26.512028, 25.832335, 26.11246 ] }, { "date": "2023-12-29", "close": 29.306791, "volume": 198734, "typical_volume": 316204.85, "trend": 26.605087, "fair_value": 31.069196, "relative_strength": -15.392474, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.304209, "energy": 59.088447, "activity_lines": [ 28.493696, 27.195078, 26.15897, 26.290453 ] }, { "date": "2024-01-05", "close": 28.746601, "volume": 342106, "typical_volume": 311190.25, "trend": 26.607061, "fair_value": 31.097098, "relative_strength": -13.157032, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.455315, "energy": 57.735445, "activity_lines": [ 28.776085, 27.67819, 26.424686, 26.428616 ] }, { "date": "2024-01-12", "close": 27.360867, "volume": 244528, "typical_volume": 305195.55, "trend": 26.559255, "fair_value": 31.10864, "relative_strength": -18.791682, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.811003, "energy": 42.489926, "activity_lines": [ 28.416384, 27.782752, 26.552733, 26.477248 ] }, { "date": "2024-01-19", "close": 27.773639, "volume": 308030, "typical_volume": 304847.3, "trend": 26.592438, "fair_value": 31.128699, "relative_strength": -18.726038, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.473421, "energy": 26.362022, "activity_lines": [ 28.143823, 27.921594, 26.717868, 26.555596 ] }, { "date": "2024-01-26", "close": 29.100405, "volume": 238129, "typical_volume": 303537.55, "trend": 26.678658, "fair_value": 31.169871, "relative_strength": -14.363638, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 61.530638, "energy": 35.826472, "activity_lines": [ 28.365278, 28.235193, 27.00732, 26.7174 ] }, { "date": "2024-02-02", "close": 26.024273, "volume": 323691, "typical_volume": 303093.3, "trend": 26.664952, "fair_value": 31.178407, "relative_strength": -23.169937, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 27.830644, "energy": 15.346452, "activity_lines": [ 27.554149, 27.922666, 26.990589, 26.675182 ] }, { "date": "2024-02-09", "close": 23.281593, "volume": 588613, "typical_volume": 317616.9, "trend": 26.534693, "fair_value": 31.164051, "relative_strength": -31.3298, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -28.139916, "energy": 22.880106, "activity_lines": [ 26.047628, 27.091992, 26.712215, 26.4569 ] }, { "date": "2024-02-16", "close": 23.527803, "volume": 650975, "typical_volume": 340158.95, "trend": 26.356181, "fair_value": 31.149045, "relative_strength": -28.297024, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -38.424595, "energy": 34.276438, "activity_lines": [ 24.98751, 26.356309, 26.466363, 26.262907 ] }, { "date": "2024-02-23", "close": 22.799022, "volume": 370261, "typical_volume": 345670.7, "trend": 26.143911, "fair_value": 31.124846, "relative_strength": -30.197935, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.753281, "energy": 50.687755, "activity_lines": [ 23.940003, 25.544052, 26.158865, 26.033413 ] }, { "date": "2024-03-01", "close": 23.439167, "volume": 451257, "typical_volume": 357440.3, "trend": 25.963423, "fair_value": 31.093544, "relative_strength": -28.334397, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -50.966534, "energy": 62.877176, "activity_lines": [ 23.437519, 24.95275, 25.924592, 25.858914 ] }, { "date": "2024-03-08", "close": 23.882345, "volume": 292819, "typical_volume": 360763.0, "trend": 25.83558, "fair_value": 31.054122, "relative_strength": -24.717974, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.06698, "energy": 59.891305, "activity_lines": [ 23.460177, 24.542992, 25.737862, 25.724651 ] }, { "date": "2024-03-15", "close": 22.99599, "volume": 423043, "typical_volume": 365814.55, "trend": 25.68375, "fair_value": 31.007346, "relative_strength": -25.731298, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.74952, "energy": 60.157512, "activity_lines": [ 23.330179, 24.070704, 25.466858, 25.541451 ] }, { "date": "2024-03-22", "close": 23.035383, "volume": 309988, "typical_volume": 356803.05, "trend": 25.555138, "fair_value": 30.963733, "relative_strength": -26.896347, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.60143, "energy": 43.202622, "activity_lines": [ 23.232351, 23.710136, 25.193833, 25.370589 ] }, { "date": "2024-03-29", "close": 23.961132, "volume": 412549, "typical_volume": 364923.85, "trend": 25.442345, "fair_value": 30.924321, "relative_strength": -22.777942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.738024, "energy": 35.547285, "activity_lines": [ 23.475935, 23.59653, 25.018895, 25.26775 ] }, { "date": "2024-04-05", "close": 23.183109, "volume": 384346, "typical_volume": 367948.65, "trend": 25.33762, "fair_value": 30.874349, "relative_strength": -23.950111, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.048868, "energy": 36.531261, "activity_lines": [ 23.382703, 23.410784, 24.770604, 25.121993 ] }, { "date": "2024-04-12", "close": 22.848264, "volume": 399967, "typical_volume": 382290.85, "trend": 25.23481, "fair_value": 30.824087, "relative_strength": -23.973934, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.217169, "energy": 37.757088, "activity_lines": [ 23.194927, 23.271745, 24.501098, 24.961389 ] }, { "date": "2024-04-19", "close": 23.764164, "volume": 334820, "typical_volume": 383939.2, "trend": 25.187378, "fair_value": 30.780131, "relative_strength": -15.764144, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.317559, "energy": 27.912457, "activity_lines": [ 23.38139, 23.356978, 24.328844, 24.866509 ] }, { "date": "2024-04-26", "close": 22.395238, "volume": 817316, "typical_volume": 412015.6, "trend": 25.095295, "fair_value": 30.725541, "relative_strength": -22.995973, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.36215, "energy": 37.402494, "activity_lines": [ 23.060333, 23.184542, 24.037071, 24.686371 ] }, { "date": "2024-05-03", "close": 22.956596, "volume": 499198, "typical_volume": 397103.85, "trend": 25.014732, "fair_value": 30.669534, "relative_strength": -21.334447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.971291, "energy": 37.525308, "activity_lines": [ 22.969071, 23.134762, 23.818803, 24.54839 ] }, { "date": "2024-05-10", "close": 22.749315, "volume": 574744, "typical_volume": 408255.7, "trend": 24.954395, "fair_value": 30.610085, "relative_strength": -22.695903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.327802, "energy": 40.040216, "activity_lines": [ 22.875684, 23.044431, 23.60743, 24.402234 ] }, { "date": "2024-05-17", "close": 23.756009, "volume": 537724, "typical_volume": 425205.2, "trend": 24.949193, "fair_value": 30.559073, "relative_strength": -20.365146, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.292702, "energy": 34.028435, "activity_lines": [ 23.146782, 23.149677, 23.521661, 24.324919 ] }, { "date": "2024-05-24", "close": 21.890664, "volume": 832726, "typical_volume": 449736.2, "trend": 24.952757, "fair_value": 30.493376, "relative_strength": -26.976346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.619489, "energy": 41.097695, "activity_lines": [ 22.735582, 22.918067, 23.284672, 24.127594 ] }, { "date": "2024-05-31", "close": 21.416925, "volume": 615192, "typical_volume": 468269.4, "trend": 24.829372, "fair_value": 30.423711, "relative_strength": -26.746254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.76232, "energy": 50.020283, "activity_lines": [ 22.291369, 22.620419, 23.035213, 23.899476 ] }, { "date": "2024-06-07", "close": 20.814883, "volume": 682317, "typical_volume": 486983.75, "trend": 24.719279, "fair_value": 30.353908, "relative_strength": -29.931025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.647414, "energy": 60.136789, "activity_lines": [ 21.711696, 22.242736, 22.756721, 23.640477 ] }, { "date": "2024-06-14", "close": 21.663664, "volume": 728304, "typical_volume": 511492.5, "trend": 24.593909, "fair_value": 30.300771, "relative_strength": -28.827589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.889949, "energy": 62.184783, "activity_lines": [ 21.557731, 22.076581, 22.592201, 23.44334 ] }, { "date": "2024-06-21", "close": 20.893839, "volume": 432258, "typical_volume": 516920.85, "trend": 24.458602, "fair_value": 30.232963, "relative_strength": -30.854736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.66887, "energy": 65.784658, "activity_lines": [ 21.219534, 21.798084, 22.389779, 23.204626 ] }, { "date": "2024-06-28", "close": 22.354533, "volume": 757583, "typical_volume": 525369.35, "trend": 24.335622, "fair_value": 30.183448, "relative_strength": -25.391562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.046431, "energy": 41.270539, "activity_lines": [ 21.559047, 21.820703, 22.3509, 23.06888 ] }, { "date": "2024-07-05", "close": 21.170186, "volume": 253789, "typical_volume": 505510.05, "trend": 24.154491, "fair_value": 30.130869, "relative_strength": -31.136833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.390992, "energy": 37.792471, "activity_lines": [ 21.472853, 21.653615, 22.203642, 22.864658 ] }, { "date": "2024-07-12", "close": 23.785617, "volume": 594452, "typical_volume": 516719.6, "trend": 23.995677, "fair_value": 30.091397, "relative_strength": -21.833795, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.375804, "energy": 13.225878, "activity_lines": [ 22.274918, 21.984335, 22.316699, 22.84086 ] }, { "date": "2024-07-19", "close": 25.91744, "volume": 674352, "typical_volume": 527874.35, "trend": 23.893182, "fair_value": 30.066768, "relative_strength": -10.679627, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 13.734712, "energy": 21.261495, "activity_lines": [ 23.589542, 22.687585, 22.628088, 22.964844 ] }, { "date": "2024-07-26", "close": 28.463785, "volume": 502856, "typical_volume": 538376.2, "trend": 23.865082, "fair_value": 30.049469, "relative_strength": 1.177064, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 46.464074, "energy": 55.769675, "activity_lines": [ 25.469363, 23.796205, 23.170185, 23.259722 ] }, { "date": "2024-08-02", "close": 25.621354, "volume": 480731, "typical_volume": 541260.6, "trend": 23.760907, "fair_value": 30.010043, "relative_strength": -5.412172, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.566585, "energy": 54.653295, "activity_lines": [ 25.897043, 24.302423, 23.419758, 23.37303 ] }, { "date": "2024-08-09", "close": 25.354268, "volume": 513521, "typical_volume": 551437.25, "trend": 23.69402, "fair_value": 29.966914, "relative_strength": -6.147775, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.090676, "energy": 58.588489, "activity_lines": [ 26.017907, 24.692249, 23.631393, 23.475827 ] }, { "date": "2024-08-16", "close": 26.333235, "volume": 310413, "typical_volume": 546330.45, "trend": 23.646007, "fair_value": 29.930496, "relative_strength": -6.918672, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 62.514709, "energy": 66.540152, "activity_lines": [ 26.186155, 25.188482, 23.92522, 23.646099 ] }, { "date": "2024-08-23", "close": 27.816519, "volume": 221320, "typical_volume": 538179.15, "trend": 23.60321, "fair_value": 29.899238, "relative_strength": -2.174437, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.149287, "energy": 50.171708, "activity_lines": [ 26.678989, 25.854069, 24.349017, 23.915165 ] }, { "date": "2024-08-30", "close": 28.241727, "volume": 660246, "typical_volume": 551193.1, "trend": 23.677126, "fair_value": 29.874805, "relative_strength": 0.543389, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.362459, "energy": 56.221973, "activity_lines": [ 27.186954, 26.485096, 24.791245, 24.214424 ] }, { "date": "2024-09-06", "close": 26.006913, "volume": 261920, "typical_volume": 547548.1, "trend": 23.76797, "fair_value": 29.840767, "relative_strength": -1.297411, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.183098, "energy": 44.16982, "activity_lines": [ 26.964785, 26.576195, 24.994952, 24.364733 ] }, { "date": "2024-09-13", "close": 26.283792, "volume": 255187, "typical_volume": 519441.65, "trend": 23.859836, "fair_value": 29.808504, "relative_strength": -5.370638, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.765833, "energy": 40.87522, "activity_lines": [ 26.809204, 26.651229, 25.214347, 24.527044 ] }, { "date": "2024-09-20", "close": 27.687968, "volume": 652704, "typical_volume": 527116.95, "trend": 24.022801, "fair_value": 29.779528, "relative_strength": -1.34835, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.142829, "energy": 39.493826, "activity_lines": [ 27.059715, 26.888593, 25.548957, 24.77402 ] }, { "date": "2024-09-27", "close": 26.550783, "volume": 251266, "typical_volume": 510943.05, "trend": 24.126521, "fair_value": 29.739287, "relative_strength": -5.867017, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.449318, "energy": 26.55459, "activity_lines": [ 26.840848, 26.848245, 25.752734, 24.937116 ] }, { "date": "2024-10-04", "close": 26.807886, "volume": 224805, "typical_volume": 495297.1, "trend": 24.224039, "fair_value": 29.700321, "relative_strength": -4.590465, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.351198, "energy": 25.593699, "activity_lines": [ 26.792064, 26.843127, 25.962894, 25.110107 ] }, { "date": "2024-10-11", "close": 28.310947, "volume": 235707, "typical_volume": 465446.15, "trend": 24.401205, "fair_value": 29.675027, "relative_strength": -0.131153, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.595389, "energy": 37.887613, "activity_lines": [ 27.33989, 27.1414, 26.30167, 25.373778 ] }, { "date": "2024-10-18", "close": 29.349246, "volume": 294306, "typical_volume": 449401.85, "trend": 24.611667, "fair_value": 29.653594, "relative_strength": 3.595232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.02051, "energy": 49.695806, "activity_lines": [ 28.080214, 27.579553, 26.708759, 25.693007 ] }, { "date": "2024-10-25", "close": 31.030301, "volume": 432195, "typical_volume": 436895.75, "trend": 24.847306, "fair_value": 29.644118, "relative_strength": 9.372882, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.732113, "energy": 72.328399, "activity_lines": [ 29.176526, 28.250717, 27.238175, 26.107112 ] }, { "date": "2024-11-01", "close": 31.870829, "volume": 412440, "typical_volume": 421102.55, "trend": 25.136896, "fair_value": 29.626116, "relative_strength": 14.284053, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.086469, "energy": 83.000485, "activity_lines": [ 30.330191, 28.989302, 27.798997, 26.560243 ] }, { "date": "2024-11-08", "close": 35.895432, "volume": 782532, "typical_volume": 438616.25, "trend": 25.571802, "fair_value": 29.63901, "relative_strength": 21.797795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.626166, "energy": 92.266651, "activity_lines": [ 32.470721, 30.385919, 28.694509, 27.254342 ] }, { "date": "2024-11-15", "close": 36.370737, "volume": 566275, "typical_volume": 429050.85, "trend": 25.992021, "fair_value": 29.656195, "relative_strength": 27.480675, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.012441, "energy": 94.05938, "activity_lines": [ 34.16385, 31.729797, 29.563851, 27.951047 ] }, { "date": "2024-11-22", "close": 36.014258, "volume": 1036035, "typical_volume": 468163.15, "trend": 26.445988, "fair_value": 29.678497, "relative_strength": 23.652735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.670817, "energy": 90.562134, "activity_lines": [ 35.200833, 32.820427, 30.3325, 28.597643 ] }, { "date": "2024-11-29", "close": 35.786508, "volume": 423578, "typical_volume": 459619.45, "trend": 26.873652, "fair_value": 29.699153, "relative_strength": 21.798297, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.881589, "energy": 87.48965, "activity_lines": [ 35.717565, 33.692731, 31.008772, 29.200258 ] }, { "date": "2024-12-06", "close": 36.053867, "volume": 343500, "typical_volume": 443076.85, "trend": 27.317137, "fair_value": 29.72034, "relative_strength": 18.799538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.209557, "energy": 81.486104, "activity_lines": [ 36.006336, 34.466399, 31.65336, 29.792529 ] }, { "date": "2024-12-13", "close": 35.024039, "volume": 351520, "typical_volume": 435510.05, "trend": 27.692738, "fair_value": 29.730261, "relative_strength": 14.71272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.887647, "energy": 61.600788, "activity_lines": [ 35.672963, 34.880042, 32.1516, 30.289749 ] }, { "date": "2024-12-20", "close": 32.62771, "volume": 651582, "typical_volume": 444052.6, "trend": 28.05064, "fair_value": 29.721773, "relative_strength": 9.618606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.724996, "energy": 45.597801, "activity_lines": [ 34.598905, 34.708604, 32.390379, 30.608134 ] }, { "date": "2024-12-27", "close": 31.825632, "volume": 226546, "typical_volume": 429703.85, "trend": 28.397597, "fair_value": 29.705594, "relative_strength": 6.351154, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.273028, "energy": 31.46962, "activity_lines": [ 33.507024, 34.312848, 32.519406, 30.851682 ] }, { "date": "2025-01-03", "close": 31.300816, "volume": 274216, "typical_volume": 427894.0, "trend": 28.747128, "fair_value": 29.675538, "relative_strength": 5.845379, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.985753, "energy": 26.919176, "activity_lines": [ 32.519446, 33.776645, 32.567634, 31.038987 ] }, { "date": "2025-01-10", "close": 29.28077, "volume": 342852, "typical_volume": 433970.6, "trend": 29.001031, "fair_value": 29.631351, "relative_strength": 1.562415, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.03186, "energy": 21.874143, "activity_lines": [ 31.157565, 32.868243, 32.399822, 31.073415 ] }, { "date": "2025-01-17", "close": 31.49886, "volume": 350452, "typical_volume": 418480.9, "trend": 29.354532, "fair_value": 29.614943, "relative_strength": 6.423754, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.739552, "energy": 20.508805, "activity_lines": [ 30.986587, 32.410221, 32.436284, 31.234565 ] }, { "date": "2025-01-24", "close": 31.825632, "volume": 441526, "typical_volume": 427461.2, "trend": 29.670235, "fair_value": 29.598763, "relative_strength": 6.249404, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.372675, "energy": 18.440121, "activity_lines": [ 31.159545, 32.091551, 32.488357, 31.393991 ] }, { "date": "2025-01-31", "close": 31.340425, "volume": 370790, "typical_volume": 433241.35, "trend": 30.009243, "fair_value": 29.565665, "relative_strength": 6.136591, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.457148, "energy": 15.625932, "activity_lines": [ 31.224239, 31.767299, 32.466512, 31.501745 ] }, { "date": "2025-02-07", "close": 33.77596, "volume": 407664, "typical_volume": 420989.35, "trend": 30.342255, "fair_value": 29.550292, "relative_strength": 13.820811, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.992821, "energy": 19.622391, "activity_lines": [ 32.133126, 31.970851, 32.652543, 31.744759 ] }, { "date": "2025-02-14", "close": 34.261873, "volume": 515692, "typical_volume": 434210.65, "trend": 30.620402, "fair_value": 29.533487, "relative_strength": 11.860987, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.675155, "energy": 28.682347, "activity_lines": [ 33.038974, 32.299306, 32.855862, 31.997638 ] }, { "date": "2025-02-21", "close": 32.377718, "volume": 301323, "typical_volume": 438036.55, "trend": 30.750867, "fair_value": 29.506037, "relative_strength": 7.805553, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 35.32321, "energy": 24.613089, "activity_lines": [ 32.984696, 32.317769, 32.843017, 32.111013 ] }, { "date": "2025-02-28", "close": 32.090137, "volume": 303718, "typical_volume": 441437.1, "trend": 30.966493, "fair_value": 29.481975, "relative_strength": 10.233673, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.070016, "energy": 22.161146, "activity_lines": [ 32.775968, 32.332059, 32.776261, 32.197418 ] }, { "date": "2025-03-07", "close": 30.136565, "volume": 356319, "typical_volume": 444537.75, "trend": 31.125903, "fair_value": 29.443336, "relative_strength": 6.735967, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.666294, "energy": 2.408449, "activity_lines": [ 31.898416, 32.000929, 32.505454, 32.143874 ] }, { "date": "2025-03-14", "close": 28.827573, "volume": 577483, "typical_volume": 451802.15, "trend": 31.209047, "fair_value": 29.398921, "relative_strength": 4.444288, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.005367, "energy": 30.6951, "activity_lines": [ 30.66479, 31.46251, 32.106232, 31.995595 ] }, { "date": "2025-03-21", "close": 28.420993, "volume": 721156, "typical_volume": 467237.95, "trend": 31.229197, "fair_value": 29.355512, "relative_strength": 2.469762, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.976264, "energy": 54.430878, "activity_lines": [ 29.62553, 30.895136, 31.678777, 31.81572 ] }, { "date": "2025-03-28", "close": 28.22266, "volume": 363274, "typical_volume": 446275.05, "trend": 31.228561, "fair_value": 29.319489, "relative_strength": 3.980969, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.59927, "energy": 61.963688, "activity_lines": [ 28.909551, 30.307333, 31.248861, 31.62175 ] }, { "date": "2025-04-04", "close": 25.178262, "volume": 618136, "typical_volume": 448868.1, "trend": 31.200939, "fair_value": 29.276844, "relative_strength": 2.693689, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.891157, "energy": 71.502078, "activity_lines": [ 27.455776, 29.225571, 30.56554, 31.231408 ] }, { "date": "2025-04-11", "close": 24.741932, "volume": 842748, "typical_volume": 439203.75, "trend": 31.149544, "fair_value": 29.229908, "relative_strength": -6.194814, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.706885, "energy": 83.050783, "activity_lines": [ 26.31735, 28.185338, 29.893961, 30.814698 ] }, { "date": "2025-04-18", "close": 25.872425, "volume": 526749, "typical_volume": 444362.3, "trend": 31.089026, "fair_value": 29.187415, "relative_strength": 0.346407, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.397475, "energy": 78.898262, "activity_lines": [ 25.915397, 27.470621, 29.383725, 30.474239 ] }, { "date": "2025-04-25", "close": 27.270666, "volume": 447276, "typical_volume": 449551.1, "trend": 31.113022, "fair_value": 29.169207, "relative_strength": -0.779, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.350174, "energy": 68.176475, "activity_lines": [ 26.176534, 27.153831, 29.053866, 30.227893 ] }, { "date": "2025-05-02", "close": 28.500325, "volume": 328423, "typical_volume": 448396.25, "trend": 31.169437, "fair_value": 29.157574, "relative_strength": 0.06935, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.185908, "energy": 44.243306, "activity_lines": [ 26.924246, 27.187727, 28.882941, 30.059332 ] }, { "date": "2025-05-09", "close": 28.063525, "volume": 350464, "typical_volume": 433340.35, "trend": 31.161189, "fair_value": 29.143948, "relative_strength": -1.477198, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.373344, "energy": 30.598411, "activity_lines": [ 27.507847, 27.212704, 28.701482, 29.85895 ] }, { "date": "2025-05-16", "close": 28.739037, "volume": 556970, "typical_volume": 449861.55, "trend": 31.140849, "fair_value": 29.139206, "relative_strength": -5.662962, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.518353, "energy": 23.383445, "activity_lines": [ 28.124268, 27.433712, 28.606092, 29.702683 ] }, { "date": "2025-05-23", "close": 26.692635, "volume": 430151, "typical_volume": 457658.3, "trend": 30.99626, "fair_value": 29.102693, "relative_strength": -10.396757, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.836117, "energy": 23.696144, "activity_lines": [ 27.792081, 27.308056, 28.330504, 29.415701 ] }, { "date": "2025-05-30", "close": 27.239004, "volume": 302493, "typical_volume": 455640.35, "trend": 30.841866, "fair_value": 29.068934, "relative_strength": -10.438568, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.809965, "energy": 23.497366, "activity_lines": [ 27.587336, 27.320558, 28.128895, 29.173297 ] }, { "date": "2025-06-06", "close": 27.686034, "volume": 324652, "typical_volume": 454350.35, "trend": 30.568219, "fair_value": 29.049582, "relative_strength": -11.030488, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.192675, "energy": 24.454554, "activity_lines": [ 27.533713, 27.435828, 27.979583, 28.969695 ] }, { "date": "2025-06-13", "close": 26.821776, "volume": 305119, "typical_volume": 447530.0, "trend": 30.249921, "fair_value": 29.032425, "relative_strength": -13.477087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.211299, "energy": 34.917155, "activity_lines": [ 27.246289, 27.403718, 27.766117, 28.727989 ] }, { "date": "2025-06-20", "close": 26.404549, "volume": 245075, "typical_volume": 441244.25, "trend": 29.929597, "fair_value": 29.012657, "relative_strength": -14.978268, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.718632, "energy": 36.431499, "activity_lines": [ 26.902573, 27.265865, 27.536743, 28.479901 ] }, { "date": "2025-06-27", "close": 28.063525, "volume": 573455, "typical_volume": 449533.8, "trend": 29.672164, "fair_value": 29.004957, "relative_strength": -13.358963, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.164885, "energy": 27.894523, "activity_lines": [ 27.267481, 27.399416, 27.48887, 28.359509 ] }, { "date": "2025-07-04", "close": 30.179466, "volume": 285487, "typical_volume": 438023.55, "trend": 29.476351, "fair_value": 29.013941, "relative_strength": -8.526162, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.547018, "energy": 4.63303, "activity_lines": [ 28.246311, 27.877845, 27.669719, 28.392238 ] }, { "date": "2025-07-11", "close": 29.59336, "volume": 408261, "typical_volume": 443370.45, "trend": 29.295328, "fair_value": 29.022474, "relative_strength": -10.12318, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.591879, "energy": 14.208512, "activity_lines": [ 28.833741, 28.196822, 27.814187, 28.399787 ] }, { "date": "2025-07-18", "close": 29.59336, "volume": 392457, "typical_volume": 447807.4, "trend": 29.194183, "fair_value": 29.023396, "relative_strength": -11.192984, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.022604, "energy": 31.059751, "activity_lines": [ 29.294016, 28.495925, 27.971914, 28.419015 ] }, { "date": "2025-07-25", "close": 26.225737, "volume": 1004924, "typical_volume": 480237.65, "trend": 29.00752, "fair_value": 28.987758, "relative_strength": -21.614978, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.274386, "energy": 21.671835, "activity_lines": [ 28.446977, 28.154918, 27.820805, 28.227502 ] }, { "date": "2025-08-01", "close": 24.586628, "volume": 543136, "typical_volume": 478520.3, "trend": 28.783714, "fair_value": 28.941551, "relative_strength": -24.536992, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.89463, "energy": 37.2543, "activity_lines": [ 27.06549, 27.561588, 27.532213, 27.942284 ] }, { "date": "2025-08-08", "close": 24.835058, "volume": 487060, "typical_volume": 466815.5, "trend": 28.635523, "fair_value": 28.882139, "relative_strength": -26.193925, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.967621, "energy": 61.578639, "activity_lines": [ 25.998606, 27.051718, 27.287477, 27.687532 ] }, { "date": "2025-08-15", "close": 26.417733, "volume": 582126, "typical_volume": 477758.1, "trend": 28.466152, "fair_value": 28.827623, "relative_strength": -21.612804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.466173, "energy": 52.924373, "activity_lines": [ 25.815574, 26.873315, 27.210547, 27.544448 ] }, { "date": "2025-08-22", "close": 28.328888, "volume": 442543, "typical_volume": 468978.45, "trend": 28.349594, "fair_value": 28.793169, "relative_strength": -14.907631, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.562429, "energy": 43.17352, "activity_lines": [ 26.481303, 27.065454, 27.324226, 27.535593 ] }, { "date": "2025-08-29", "close": 28.876354, "volume": 442623, "typical_volume": 448972.2, "trend": 28.267459, "fair_value": 28.769472, "relative_strength": -12.764944, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.793517, "energy": 7.636386, "activity_lines": [ 27.413818, 27.329731, 27.475042, 27.569577 ] }, { "date": "2025-09-05", "close": 28.766861, "volume": 601208, "typical_volume": 452695.15, "trend": 28.100489, "fair_value": 28.737138, "relative_strength": -13.71088, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.036359, "energy": 16.655814, "activity_lines": [ 28.133127, 27.529159, 27.595743, 27.601797 ] }, { "date": "2025-09-12", "close": 29.155064, "volume": 540938, "typical_volume": 457378.25, "trend": 27.930262, "fair_value": 28.709541, "relative_strength": -13.957693, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.915176, "energy": 32.227763, "activity_lines": [ 28.703156, 27.786381, 27.739632, 27.669834 ] }, { "date": "2025-09-19", "close": 28.926124, "volume": 640822, "typical_volume": 472998.2, "trend": 27.815209, "fair_value": 28.68885, "relative_strength": -16.177083, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.268438, "energy": 34.051074, "activity_lines": [ 28.90887, 28.020602, 27.852745, 27.734083 ] }, { "date": "2025-09-26", "close": 28.010362, "volume": 380761, "typical_volume": 474513.05, "trend": 27.679216, "fair_value": 28.658164, "relative_strength": -18.250646, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 52.971534, "energy": 46.457912, "activity_lines": [ 28.642105, 28.100453, 27.876614, 27.746673 ] }, { "date": "2025-10-03", "close": 27.532573, "volume": 414826, "typical_volume": 467405.85, "trend": 27.592416, "fair_value": 28.617668, "relative_strength": -20.348273, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 43.342469, "energy": 22.505653, "activity_lines": [ 28.237312, 28.122216, 27.855232, 27.737213 ] }, { "date": "2025-10-10", "close": 26.995061, "volume": 506881, "typical_volume": 471242.35, "trend": 27.531333, "fair_value": 28.565167, "relative_strength": -19.77068, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.981124, "energy": 11.077306, "activity_lines": [ 27.742933, 28.022488, 27.788404, 27.698674 ] }, { "date": "2025-10-17", "close": 26.2087, "volume": 1205777, "typical_volume": 516406.55, "trend": 27.457589, "fair_value": 28.505001, "relative_strength": -23.549671, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.165867, "energy": 16.056416, "activity_lines": [ 27.104554, 27.735995, 27.645245, 27.613342 ] }, { "date": "2025-10-24", "close": 27.233955, "volume": 692974, "typical_volume": 534822.65, "trend": 27.424633, "fair_value": 28.433601, "relative_strength": -21.754791, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.939223, "energy": 14.603903, "activity_lines": [ 27.004351, 27.610938, 27.604635, 27.598914 ] }, { "date": "2025-10-31", "close": 25.183446, "volume": 468818, "typical_volume": 543007.6, "trend": 27.424805, "fair_value": 28.350056, "relative_strength": -28.395346, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.03191, "energy": 48.554283, "activity_lines": [ 26.333456, 27.09822, 27.370891, 27.454322 ] }, { "date": "2025-11-07", "close": 25.621848, "volume": 492863, "typical_volume": 555397.0, "trend": 27.454136, "fair_value": 28.261068, "relative_strength": -24.103953, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.831577, "energy": 62.130619, "activity_lines": [ 25.997157, 26.722401, 27.186701, 27.338002 ] }, { "date": "2025-11-14", "close": 25.931026, "volume": 1157012, "typical_volume": 584574.85, "trend": 27.456089, "fair_value": 28.17206, "relative_strength": -22.238599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.084087, "energy": 56.876217, "activity_lines": [ 25.891298, 26.46197, 27.035684, 27.239737 ] }, { "date": "2025-11-21", "close": 25.781424, "volume": 1347104, "typical_volume": 637655.7, "trend": 27.406448, "fair_value": 28.078903, "relative_strength": -19.436318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.292328, "energy": 58.106481, "activity_lines": [ 25.806508, 26.225899, 26.880574, 27.131694 ] }, { "date": "2025-11-28", "close": 26.928373, "volume": 649065, "typical_volume": 649695.9, "trend": 27.35405, "fair_value": 27.993724, "relative_strength": -19.039595, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.490791, "energy": 31.354606, "activity_lines": [ 26.132519, 26.259702, 26.85564, 27.10085 ] }, { "date": "2025-12-05", "close": 27.885826, "volume": 449361, "typical_volume": 652541.1, "trend": 27.348126, "fair_value": 27.938454, "relative_strength": -16.268699, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.237354, "energy": 11.884118, "activity_lines": [ 26.798053, 26.503911, 26.934583, 27.135158 ] }, { "date": "2025-12-12", "close": 29.581317, "volume": 651048, "typical_volume": 634847.3, "trend": 27.376202, "fair_value": 27.900996, "relative_strength": -8.863197, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.829147, "energy": 20.818768, "activity_lines": [ 27.848592, 27.058656, 27.183132, 27.279235 ] }, { "date": "2025-12-19", "close": 29.551396, "volume": 615012, "typical_volume": 638441.1, "trend": 27.471494, "fair_value": 27.858655, "relative_strength": -8.953324, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.221442, "energy": 33.436089, "activity_lines": [ 28.625193, 27.57071, 27.412852, 27.41957 ] }, { "date": "2025-12-26", "close": 28.12519, "volume": 333615, "typical_volume": 630768.85, "trend": 27.501034, "fair_value": 27.806107, "relative_strength": -13.90015, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.94013, "energy": 37.217438, "activity_lines": [ 28.685034, 27.776975, 27.483102, 27.461744 ] }, { "date": "2026-01-02", "close": 27.716277, "volume": 358184, "typical_volume": 619571.75, "trend": 27.502042, "fair_value": 27.757382, "relative_strength": -13.168594, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.379796, "energy": 36.287288, "activity_lines": [ 28.45232, 27.874047, 27.49874, 27.475631 ] }, { "date": "2026-01-09", "close": 28.484235, "volume": 478989, "typical_volume": 621394.05, "trend": 27.557457, "fair_value": 27.711829, "relative_strength": -12.28224, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.8232, "energy": 24.078439, "activity_lines": [ 28.423064, 28.101979, 27.581334, 27.538998 ] }, { "date": "2026-01-16", "close": 29.33198, "volume": 435605, "typical_volume": 621043.15, "trend": 27.655038, "fair_value": 27.675588, "relative_strength": -8.430446, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.968079, "energy": 22.750375, "activity_lines": [ 28.636496, 28.424031, 27.743925, 27.653484 ] }, { "date": "2026-01-23", "close": 29.471608, "volume": 505875, "typical_volume": 616276.5, "trend": 27.701974, "fair_value": 27.641305, "relative_strength": -7.760808, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 60.802537, "energy": 34.600994, "activity_lines": [ 28.913094, 28.704014, 27.917645, 27.770682 ] }, { "date": "2026-01-30", "close": 31.635852, "volume": 522855, "typical_volume": 615372.35, "trend": 27.750521, "fair_value": 27.601628, "relative_strength": -0.500059, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.181511, "energy": 66.508585, "activity_lines": [ 29.916425, 29.313121, 28.294127, 28.02448 ] }, { "date": "2026-02-06", "close": 35.13654, "volume": 1120968, "typical_volume": 639379.65, "trend": 27.935293, "fair_value": 27.588149, "relative_strength": 13.034836, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.177673, "energy": 86.881583, "activity_lines": [ 31.852608, 30.452273, 28.992194, 28.500998 ] }, { "date": "2026-02-13", "close": 33.910218, "volume": 696045, "typical_volume": 655143.85, "trend": 28.079188, "fair_value": 27.564616, "relative_strength": 10.810355, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.029064, "energy": 86.50311, "activity_lines": [ 32.885333, 31.219217, 29.543896, 28.886477 ] }, { "date": "2026-02-20", "close": 34.53948, "volume": 610821, "typical_volume": 664943.6, "trend": 28.356313, "fair_value": 27.551068, "relative_strength": 11.805878, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.48797, "energy": 89.46242, "activity_lines": [ 33.76608, 31.991039, 30.127433, 29.30327 ] }, { "date": "2026-02-27", "close": 33.450757, "volume": 669586, "typical_volume": 673078.85, "trend": 28.651784, "fair_value": 27.52791, "relative_strength": 8.898634, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.063182, "energy": 83.803651, "activity_lines": [ 33.936753, 32.474762, 30.573916, 29.631943 ] }, { "date": "2026-03-06", "close": 33.910218, "volume": 732327, "typical_volume": 649406.35, "trend": 28.95429, "fair_value": 27.536824, "relative_strength": 11.997139, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.415119, "energy": 69.216737, "activity_lines": [ 33.995302, 32.971127, 31.033416, 29.971197 ] }, { "date": "2026-03-13", "close": 33.330898, "volume": 728178, "typical_volume": 651166.55, "trend": 29.184728, "fair_value": 27.556118, "relative_strength": 11.382676, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.147525, "energy": 52.685949, "activity_lines": [ 33.709121, 33.256978, 31.401068, 30.253559 ] }, { "date": "2026-03-20", "close": 33.14112, "volume": 605335, "typical_volume": 657992.4, "trend": 29.345136, "fair_value": 27.577953, "relative_strength": 13.073415, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.620037, "energy": 43.439812, "activity_lines": [ 33.480056, 33.40624, 31.721613, 30.50881 ] }, { "date": "2026-03-27", "close": 34.669327, "volume": 558041, "typical_volume": 661251.3, "trend": 29.538235, "fair_value": 27.614659, "relative_strength": 22.17726, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.925943, "energy": 45.716038, "activity_lines": [ 33.811667, 33.748687, 32.149808, 30.852306 ] }, { "date": "2026-04-03", "close": 36.16757, "volume": 528556, "typical_volume": 629828.5, "trend": 29.784925, "fair_value": 27.668798, "relative_strength": 22.484536, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.84072, "energy": 51.36634, "activity_lines": [ 34.634035, 34.2665, 32.67761, 31.280005 ] }, { "date": "2026-04-10", "close": 38.335027, "volume": 515118, "typical_volume": 588229.2, "trend": 30.090924, "fair_value": 27.741717, "relative_strength": 23.903137, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.236455, "energy": 67.291399, "activity_lines": [ 35.997769, 35.056651, 33.36309, 31.831625 ] }, { "date": "2026-04-17", "close": 39.393785, "volume": 762783, "typical_volume": 593915.1, "trend": 30.439846, "fair_value": 27.822551, "relative_strength": 19.81252, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.823869, "energy": 85.853205, "activity_lines": [ 37.419434, 35.9175, 34.089626, 32.431809 ] }, { "date": "2026-04-24", "close": 39.393785, "volume": 558703, "typical_volume": 599382.2, "trend": 30.819294, "fair_value": 27.908709, "relative_strength": 17.166014, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.516674, "energy": 89.142407, "activity_lines": [ 38.436908, 36.700944, 34.756803, 33.009483 ] }, { "date": "2026-05-01", "close": 42.380281, "volume": 789125, "typical_volume": 606286.05, "trend": 31.314217, "fair_value": 28.022153, "relative_strength": 23.923791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.784053, "energy": 94.566508, "activity_lines": [ 40.033035, 37.927687, 35.653608, 33.755353 ] }, { "date": "2026-05-08", "close": 42.98, "volume": 518145, "typical_volume": 601442.7, "trend": 31.847049, "fair_value": 28.143648, "relative_strength": 19.003094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.016342, "energy": 93.601643, "activity_lines": [ 41.315005, 39.120909, 36.546581, 34.507984 ] }, { "date": "2026-05-15", "close": 41.73, "volume": 560342, "typical_volume": 612779.05, "trend": 32.364425, "fair_value": 28.238551, "relative_strength": 15.761215, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.225739, "energy": 86.50545, "activity_lines": [ 41.726147, 39.9136, 37.256561, 35.145594 ] }, { "date": "2026-05-22", "close": 42.83, "volume": 493217, "typical_volume": 619530.7, "trend": 32.884293, "fair_value": 28.340946, "relative_strength": 17.073534, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.528147, "energy": 83.289737, "activity_lines": [ 42.277623, 40.764113, 38.006519, 35.820792 ] }, { "date": "2026-05-29", "close": 43.25, "volume": 332839, "typical_volume": 612223.2, "trend": 33.486512, "fair_value": 28.441325, "relative_strength": 14.640099, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.960328, "energy": 70.763408, "activity_lines": [ 42.740019, 41.518278, 38.724506, 36.489547 ] }, { "date": "2026-06-05", "close": 44.22, "volume": 699623, "typical_volume": 625424.1, "trend": 34.10645, "fair_value": 28.540894, "relative_strength": 22.2658, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.606546, "energy": 69.044874, "activity_lines": [ 43.268667, 42.26501, 39.464561, 37.182031 ] }, { "date": "2026-06-12", "close": 46.25, "volume": 620396, "typical_volume": 631150.15, "trend": 34.783749, "fair_value": 28.652784, "relative_strength": 24.384941, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.618006, "energy": 72.567084, "activity_lines": [ 44.351333, 43.207183, 40.327054, 37.965485 ] }, { "date": "2026-06-19", "close": 44.75, "volume": 687259, "typical_volume": 639370.35, "trend": 35.416035, "fair_value": 28.767988, "relative_strength": 16.777052, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.610598, "energy": 65.977218, "activity_lines": [ 44.716, 43.693313, 40.966793, 38.608469 ] }, { "date": "2026-06-26", "close": 47.99, "volume": 1303950, "typical_volume": 648519.45, "trend": 36.11809, "fair_value": 28.905656, "relative_strength": 30.331706, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.486122, "energy": 72.395133, "activity_lines": [ 45.959333, 44.651897, 41.852655, 39.419693 ] }, { "date": "2026-07-03", "close": 47.38, "volume": 760902, "typical_volume": 651762.3, "trend": 36.767895, "fair_value": 29.039916, "relative_strength": 27.013338, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.165111, "energy": 68.790118, "activity_lines": [ 46.655333, 45.343278, 42.619214, 40.146268 ] }, { "date": "2026-07-10", "close": 46.22, "volume": 1719204, "typical_volume": 707181.45, "trend": 37.322518, "fair_value": 29.161908, "relative_strength": 21.248492, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.139903, "energy": 63.401159, "activity_lines": [ 46.689333, 45.678545, 43.211156, 40.756081 ] }, { "date": "2026-07-17", "close": 46.1, "volume": 1022946, "typical_volume": 724849.45, "trend": 37.874138, "fair_value": 29.272272, "relative_strength": 25.567832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.136957, "energy": 59.650375, "activity_lines": [ 46.55, 45.922182, 43.736048, 41.32237 ] }, { "date": "2026-07-24", "close": 46.38, "volume": 1081524, "typical_volume": 742309.3, "trend": 38.482632, "fair_value": 29.382611, "relative_strength": 27.391222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.069092, "energy": 50.78885, "activity_lines": [ 46.514, 46.16, 44.227371, 41.871135 ] }, { "date": "2026-07-31", "close": 45.98, "volume": 1345511, "typical_volume": 773175.95, "trend": 39.091423, "fair_value": 29.492394, "relative_strength": 24.599066, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.007842, "energy": 39.866571, "activity_lines": [ 46.236, 46.240545, 44.62122, 42.354836 ] }, { "date": "2026-08-07", "close": 45.8, "volume": 967765, "typical_volume": 791297.45, "trend": 39.668615, "fair_value": 29.608307, "relative_strength": 17.2574, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.756031, "energy": 35.512609, "activity_lines": [ 46.032, 46.231091, 44.937692, 42.787648 ] } ], "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." } } }