{ "ticker": { "uuid": "b509b857-f615-4835-95bd-d37cf1c72dbb", "symbol": "ONB", "name": "Old National Bancorp", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 64.994, "architecture_energy": 58.753, "architecture_maturity": 34.336, "architecture_confidence": 82.349, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 4.54, "rotation_up": 65.64, "upward_expansion": 85.6, "deceleration": 52.96, "rotation_down": 18.7, "downward_expansion": 9.93 }, "activity_lines": [ 26.568, 26.252364, 25.34591, 24.675289 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 26.56, "trend_reference": 24.053728, "distance_from_trend": 0.104195, "trend_direction": "Improving", "fair_value": 19.433861, "distance_from_fair_value": 0.366687, "fair_value_direction": "Improving", "relative_strength": 1.472394, "relative_strength_direction": "Improving", "price_momentum": 0.045262, "excess_performance": -0.142192, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.104195, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.060225, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.366687, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.055906, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.014724, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.094015, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.045262, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.074929, "read": "Demand-led" } ], "volume": { "latest": 18925078, "relative_activity": 1.050284, "balance": 2.074929, "dry_up": 1.367156, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.041513, "annualized_volatility": 0.228996, "from_high_reference": -0.029236, "from_low_reference": 0.403806 }, "levels": { "trend_reference": 24.053728, "fair_value_reference": 19.433861, "structural_low": 20.546546, "invalidation": "A 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75.269446, "energy": 81.547433, "activity_lines": [ 25.828667, 25.176071, 24.302828, 23.930189 ] }, { "date": "2026-07-17", "close": 26.74, "volume": 25563927, "typical_volume": 17081168.1, "trend": 23.64907, "fair_value": 19.221573, "relative_strength": 6.568392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.766636, "energy": 84.719061, "activity_lines": [ 26.206667, 25.547793, 24.607717, 24.137807 ] }, { "date": "2026-07-24", "close": 26.49, "volume": 30618124, "typical_volume": 17770042.8, "trend": 23.779984, "fair_value": 19.292002, "relative_strength": 7.198533, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.424818, "energy": 78.723353, "activity_lines": [ 26.394667, 25.827039, 24.869464, 24.321093 ] }, { "date": "2026-07-31", "close": 26.64, "volume": 23432042, "typical_volume": 18070353.9, "trend": 23.929972, "fair_value": 19.362283, "relative_strength": 7.052623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.61328, "energy": 72.216043, "activity_lines": [ 26.52, 26.072829, 25.124323, 24.50561 ] }, { "date": "2026-08-07", "close": 26.56, "volume": 18925078, "typical_volume": 18019011.3, "trend": 24.053728, "fair_value": 19.433861, "relative_strength": 1.472394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.99439, "energy": 58.7529, "activity_lines": [ 26.568, 26.252364, 25.34591, 24.675289 ] } ], "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." } } }