{ "ticker": { "uuid": "b71504da-de69-45f7-bce4-c54f2202769b", "symbol": "LOB", "name": "Live Oak Bancshares, Inc.", "exchange": "NYSE", "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": "SPY", "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": "Early expansion", "architecture_gate": "up", "architecture_direction": 67.312, "architecture_energy": 61.435, "architecture_maturity": 25.46, "architecture_confidence": 79.536, "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": 4.85, "rotation_up": 71.06, "upward_expansion": 88.96, "deceleration": 47.5, "rotation_down": 16.18, "downward_expansion": 10.96 }, "activity_lines": [ 42.47, 41.749091, 40.058669, 38.905845 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 42.6, "trend_reference": 38.095196, "distance_from_trend": 0.118251, "trend_direction": "Improving", "fair_value": 36.092023, "distance_from_fair_value": 0.180316, "fair_value_direction": "Improving", "relative_strength": 3.738799, "relative_strength_direction": "Improving", "price_momentum": 0.045057, "excess_performance": -0.080568, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.118251, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.067165, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.180316, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.107072, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.037388, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.053533, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.045057, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.170588, "read": "Demand-led" } ], "volume": { "latest": 1168950, "relative_activity": 0.955844, "balance": 1.170588, "dry_up": 0.945268, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.052703, "annualized_volatility": 0.305105, "from_high_reference": -0.043342, "from_low_reference": 0.454683 }, "levels": { "trend_reference": 38.095196, "fair_value_reference": 36.092023, "structural_low": 31.085336, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": -0.059564, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.06658, "regime_survival": 0.5, "best_return": 0.204792, "worst_return": -0.20382, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.002885, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.032448, "regime_survival": 0.142857, "best_return": 0.10623, "worst_return": -0.377487, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.159652, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.224845, "regime_survival": 0.25, "best_return": 0.189213, "worst_return": -0.545582, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.097, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.255572, "regime_survival": 0.666667, "best_return": 0.333619, "worst_return": -0.677715, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-20", "end": "2024-12-27", "tenure": "New", "return": 0.006893, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-03", "end": "2025-01-31", "tenure": "Developing", "return": -0.085545, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-07", "end": "2025-06-13", "tenure": "Established", "return": -0.20946, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-11", "tenure": "New", "return": 0.161163, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-22", "tenure": "Developing", "return": 0.189351, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-10-03", "tenure": "Developing", "return": -0.102153, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2025-11-21", "tenure": "Developing", "return": -0.119369, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": 0.107235, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-01-09", "tenure": "New", "return": 0.004663, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-03-06", "tenure": "Developing", "return": -0.106962, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-13", "end": "2026-03-20", "tenure": "New", "return": -0.012403, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.167342, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-06-12", "tenure": "Developing", "return": 0.043574, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.113434, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 33.870654, "volume": 605153, "typical_volume": 1286183.45, "trend": 28.074568, "fair_value": 45.694945, "relative_strength": 4.581986, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.191156, "energy": 78.73517, "activity_lines": [ 35.342803, 32.710799, 29.094569, 28.028066 ] }, { "date": "2023-08-25", "close": 32.583926, "volume": 719557, "typical_volume": 1252285.95, "trend": 28.071194, "fair_value": 45.773399, "relative_strength": 0.265197, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.711826, "energy": 81.865911, "activity_lines": [ 34.584624, 33.098617, 29.655619, 28.318992 ] }, { "date": "2023-09-01", "close": 32.019745, "volume": 928833, "typical_volume": 1215260.8, "trend": 27.927189, "fair_value": 45.829497, "relative_strength": -3.529929, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.188889, "energy": 53.493113, "activity_lines": [ 33.46352, 33.248525, 30.12222, 28.573737 ] }, { "date": "2023-09-08", "close": 30.721915, "volume": 746923, "typical_volume": 1181109.1, "trend": 27.820591, "fair_value": 45.880487, "relative_strength": -5.796845, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.91828, "energy": 32.830248, "activity_lines": [ 32.248975, 33.031272, 30.421915, 28.754042 ] }, { "date": "2023-09-15", "close": 32.574542, "volume": 1475616, "typical_volume": 1178638.45, "trend": 27.752699, "fair_value": 45.924591, "relative_strength": 0.471641, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.871885, "energy": 27.002918, "activity_lines": [ 32.057207, 33.065761, 30.863328, 29.060749 ] }, { "date": "2023-09-22", "close": 29.196222, "volume": 590884, "typical_volume": 1129968.2, "trend": 27.575818, "fair_value": 45.961897, "relative_strength": -6.743554, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.029473, "energy": 26.855176, "activity_lines": [ 31.004563, 32.376223, 30.938792, 29.153879 ] }, { "date": "2023-09-29", "close": 28.681052, "volume": 588725, "typical_volume": 1105566.8, "trend": 27.393957, "fair_value": 45.976383, "relative_strength": -7.298419, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.351724, "energy": 23.632274, "activity_lines": [ 30.091823, 31.565711, 30.92785, 29.225185 ] }, { "date": "2023-10-06", "close": 28.532446, "volume": 886999, "typical_volume": 1065872.95, "trend": 27.404205, "fair_value": 45.965676, "relative_strength": -7.55912, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.235689, "energy": 16.219483, "activity_lines": [ 29.38974, 30.751451, 30.862779, 29.298636 ] }, { "date": "2023-10-13", "close": 27.918206, "volume": 674347, "typical_volume": 1044797.05, "trend": 27.481967, "fair_value": 45.941335, "relative_strength": -9.274686, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.630451, "energy": 21.850436, "activity_lines": [ 28.715397, 29.981417, 30.709359, 29.331797 ] }, { "date": "2023-10-20", "close": 26.798703, "volume": 674885, "typical_volume": 1026530.0, "trend": 27.56591, "fair_value": 45.900878, "relative_strength": -10.432604, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.18839, "energy": 27.366843, "activity_lines": [ 27.8548, 29.169332, 30.424275, 29.287716 ] }, { "date": "2023-10-27", "close": 27.908299, "volume": 825777, "typical_volume": 995083.7, "trend": 27.693101, "fair_value": 45.845056, "relative_strength": -3.899209, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.911891, "energy": 33.227383, "activity_lines": [ 27.749125, 28.736343, 30.233063, 29.309805 ] }, { "date": "2023-11-03", "close": 31.534297, "volume": 697052, "typical_volume": 937144.7, "trend": 27.943136, "fair_value": 45.79787, "relative_strength": 2.874867, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 14.919107, "energy": 17.018492, "activity_lines": [ 28.937977, 29.071032, 30.372309, 29.557624 ] }, { "date": "2023-11-10", "close": 29.54297, "volume": 578099, "typical_volume": 858725.2, "trend": 28.163702, "fair_value": 45.71412, "relative_strength": -4.341736, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.546425, "energy": 11.782053, "activity_lines": [ 29.272836, 29.062746, 30.291459, 29.660839 ] }, { "date": "2023-11-17", "close": 33.634602, "volume": 1042059, "typical_volume": 853689.95, "trend": 28.503849, "fair_value": 45.654395, "relative_strength": 6.659558, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.284651, "energy": 32.829555, "activity_lines": [ 30.904205, 29.843425, 30.577723, 30.013801 ] }, { "date": "2023-11-24", "close": 32.425936, "volume": 410731, "typical_volume": 834383.15, "trend": 28.808321, "fair_value": 45.583459, "relative_strength": 2.104603, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.561101, "energy": 36.893228, "activity_lines": [ 31.751593, 30.351389, 30.712717, 30.266839 ] }, { "date": "2023-12-01", "close": 35.421211, "volume": 789697, "typical_volume": 826432.1, "trend": 29.277224, "fair_value": 45.5336, "relative_strength": 10.833453, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 73.300255, "energy": 62.029122, "activity_lines": [ 33.222256, 31.406651, 31.10493, 30.693477 ] }, { "date": "2023-12-08", "close": 36.690504, "volume": 756821, "typical_volume": 804672.4, "trend": 29.824028, "fair_value": 45.492443, "relative_strength": 14.576173, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.752729, "energy": 77.086676, "activity_lines": [ 34.615156, 32.579511, 31.581233, 31.171753 ] }, { "date": "2023-12-15", "close": 44.06827, "volume": 1716927, "typical_volume": 813165.7, "trend": 30.55085, "fair_value": 45.462729, "relative_strength": 33.675721, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.756296, "energy": 90.239157, "activity_lines": [ 38.123565, 34.948157, 32.728135, 32.090736 ] }, { "date": "2023-12-22", "close": 43.532787, "volume": 1223689, "typical_volume": 829733.4, "trend": 31.24664, "fair_value": 45.438467, "relative_strength": 30.504349, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.333368, "energy": 93.663769, "activity_lines": [ 40.485126, 36.936973, 33.790892, 32.92828 ] }, { "date": "2023-12-29", "close": 45.119404, "volume": 852057, "typical_volume": 839241.55, "trend": 31.939955, "fair_value": 45.428659, "relative_strength": 34.21192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.263467, "energy": 93.636186, "activity_lines": [ 42.71568, 38.930363, 34.972695, 33.823297 ] }, { "date": "2024-01-05", "close": 41.847007, "volume": 684301, "typical_volume": 843198.95, "trend": 32.50871, "fair_value": 45.396111, "relative_strength": 26.155092, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.87364, "energy": 87.475382, "activity_lines": [ 43.009204, 39.995668, 35.80205, 34.462462 ] }, { "date": "2024-01-12", "close": 40.756209, "volume": 702331, "typical_volume": 842337.65, "trend": 33.029227, "fair_value": 45.34756, "relative_strength": 20.457136, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.408413, "energy": 73.6054, "activity_lines": [ 42.510742, 40.609216, 36.489536, 34.994559 ] }, { "date": "2024-01-19", "close": 40.498383, "volume": 508516, "typical_volume": 821321.8, "trend": 33.552368, "fair_value": 45.299814, "relative_strength": 18.082318, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.872464, "energy": 54.480865, "activity_lines": [ 41.655291, 41.008214, 37.113552, 35.47644 ] }, { "date": "2024-01-26", "close": 39.397668, "volume": 873690, "typical_volume": 827660.15, "trend": 33.997576, "fair_value": 45.301088, "relative_strength": 13.729135, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.438505, "energy": 37.362401, "activity_lines": [ 40.670928, 41.007894, 37.592364, 35.853556 ] }, { "date": "2024-02-02", "close": 36.204603, "volume": 1267219, "typical_volume": 817240.3, "trend": 34.319853, "fair_value": 45.26148, "relative_strength": 3.499349, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.261077, "energy": 24.039202, "activity_lines": [ 38.897884, 40.322233, 37.72576, 35.995945 ] }, { "date": "2024-02-09", "close": 38.346535, "volume": 1023665, "typical_volume": 838879.35, "trend": 34.674926, "fair_value": 45.214431, "relative_strength": 8.356736, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.492023, "energy": 23.7784, "activity_lines": [ 38.433138, 39.957311, 38.045865, 36.255731 ] }, { "date": "2024-02-16", "close": 39.199341, "volume": 1122946, "typical_volume": 865590.4, "trend": 34.982871, "fair_value": 45.158421, "relative_strength": 11.378239, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.086487, "energy": 23.017193, "activity_lines": [ 38.486025, 39.694257, 38.403616, 36.547628 ] }, { "date": "2024-02-23", "close": 39.030763, "volume": 688219, "typical_volume": 855651.4, "trend": 35.046987, "fair_value": 45.061383, "relative_strength": 9.422157, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.013817, "energy": 20.415787, "activity_lines": [ 38.586511, 39.354938, 38.695225, 36.808783 ] }, { "date": "2024-03-01", "close": 38.078313, "volume": 818373, "typical_volume": 862852.7, "trend": 35.089583, "fair_value": 44.971912, "relative_strength": 6.045169, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.194473, "energy": 16.405582, "activity_lines": [ 38.467354, 38.934036, 38.846132, 37.004352 ] }, { "date": "2024-03-08", "close": 40.073033, "volume": 771741, "typical_volume": 867695.5, "trend": 35.206918, "fair_value": 44.843296, "relative_strength": 11.722411, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.982869, "energy": 22.045711, "activity_lines": [ 39.101062, 38.974984, 39.138632, 37.325865 ] }, { "date": "2024-03-15", "close": 38.008845, "volume": 850404, "typical_volume": 868926.85, "trend": 35.344858, "fair_value": 44.680266, "relative_strength": 5.797425, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.90705, "energy": 18.277501, "activity_lines": [ 38.788811, 38.732376, 39.17133, 37.506634 ] }, { "date": "2024-03-22", "close": 39.636378, "volume": 669112, "typical_volume": 867529.85, "trend": 35.57994, "fair_value": 44.502767, "relative_strength": 7.513867, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.150566, "energy": 20.530361, "activity_lines": [ 39.041584, 38.855469, 39.310935, 37.783507 ] }, { "date": "2024-03-29", "close": 41.194443, "volume": 478837, "typical_volume": 862566.75, "trend": 35.885763, "fair_value": 44.336644, "relative_strength": 10.769137, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.391523, "energy": 30.222718, "activity_lines": [ 39.784576, 39.282207, 39.560345, 38.145733 ] }, { "date": "2024-04-05", "close": 40.023413, "volume": 668285, "typical_volume": 843878.05, "trend": 36.195813, "fair_value": 44.151351, "relative_strength": 8.068722, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 40.248715, "energy": 27.674031, "activity_lines": [ 39.99298, 39.483374, 39.642745, 38.412678 ] }, { "date": "2024-04-12", "close": 37.641658, "volume": 570018, "typical_volume": 851842.4, "trend": 36.364717, "fair_value": 43.941271, "relative_strength": 2.667864, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.614621, "energy": 18.139561, "activity_lines": [ 39.277791, 39.240118, 39.467888, 38.505958 ] }, { "date": "2024-04-19", "close": 37.611886, "volume": 545438, "typical_volume": 839629.45, "trend": 36.645239, "fair_value": 43.765105, "relative_strength": 5.321158, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.987261, "energy": 7.453504, "activity_lines": [ 38.714771, 38.96532, 39.265359, 38.586421 ] }, { "date": "2024-04-26", "close": 32.927767, "volume": 1506671, "typical_volume": 877121.95, "trend": 36.786796, "fair_value": 43.572972, "relative_strength": -10.362358, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.109994, "energy": 31.09711, "activity_lines": [ 36.616841, 37.852222, 38.606292, 38.346584 ] }, { "date": "2024-05-03", "close": 35.051499, "volume": 908662, "typical_volume": 836708.7, "trend": 37.004098, "fair_value": 43.374342, "relative_strength": -5.549852, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.551884, "energy": 45.031815, "activity_lines": [ 35.674063, 37.239286, 38.167403, 38.234629 ] }, { "date": "2024-05-10", "close": 34.952259, "volume": 545565, "typical_volume": 802802.5, "trend": 37.238566, "fair_value": 43.203507, "relative_strength": -7.961209, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.678946, "energy": 55.733206, "activity_lines": [ 35.107735, 36.680656, 37.761999, 38.102253 ] }, { "date": "2024-05-17", "close": 36.5004, "volume": 549688, "typical_volume": 787684.05, "trend": 37.561956, "fair_value": 43.065732, "relative_strength": -5.819738, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.231006, "energy": 54.45171, "activity_lines": [ 35.39553, 36.460343, 37.544897, 38.054629 ] }, { "date": "2024-05-24", "close": 33.910241, "volume": 562216, "typical_volume": 781579.8, "trend": 37.762021, "fair_value": 42.901013, "relative_strength": -12.714971, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.076712, "energy": 47.071047, "activity_lines": [ 34.896023, 35.83405, 37.122157, 37.819034 ] }, { "date": "2024-05-31", "close": 34.217885, "volume": 607497, "typical_volume": 776838.1, "trend": 37.851474, "fair_value": 42.757504, "relative_strength": -11.744449, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.966904, "energy": 45.714074, "activity_lines": [ 34.74584, 35.338212, 36.766509, 37.590381 ] }, { "date": "2024-06-07", "close": 32.202927, "volume": 694714, "typical_volume": 786148.0, "trend": 37.940139, "fair_value": 42.60051, "relative_strength": -18.013118, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.455676, "energy": 54.714084, "activity_lines": [ 33.837997, 34.574536, 36.250096, 37.225958 ] }, { "date": "2024-06-14", "close": 32.232726, "volume": 884134, "typical_volume": 786670.2, "trend": 37.89341, "fair_value": 42.451781, "relative_strength": -19.296071, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.191063, "energy": 63.969911, "activity_lines": [ 33.129992, 33.97976, 35.776023, 36.857738 ] }, { "date": "2024-06-21", "close": 33.057169, "volume": 731705, "typical_volume": 759894.5, "trend": 37.914451, "fair_value": 42.276359, "relative_strength": -17.817172, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.780896, "energy": 61.248737, "activity_lines": [ 32.878103, 33.676532, 35.414587, 36.545722 ] }, { "date": "2024-06-28", "close": 34.82525, "volume": 2076484, "typical_volume": 812535.45, "trend": 37.894586, "fair_value": 42.124948, "relative_strength": -13.474953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.280067, "energy": 46.790949, "activity_lines": [ 33.445123, 33.778127, 35.236528, 36.346419 ] }, { "date": "2024-07-05", "close": 33.22603, "volume": 451621, "typical_volume": 778969.2, "trend": 37.779103, "fair_value": 41.947202, "relative_strength": -18.96854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.721447, "energy": 38.265253, "activity_lines": [ 33.418069, 33.639621, 34.92293, 36.045222 ] }, { "date": "2024-07-12", "close": 37.000587, "volume": 1145788, "typical_volume": 801847.65, "trend": 37.543514, "fair_value": 41.824117, "relative_strength": -10.708077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.346757, "energy": 15.562727, "activity_lines": [ 34.715325, 34.181975, 34.997258, 35.994995 ] }, { "date": "2024-07-19", "close": 41.957175, "volume": 1330640, "typical_volume": 827461.0, "trend": 37.490993, "fair_value": 41.712621, "relative_strength": 3.034943, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 16.206778, "energy": 23.963451, "activity_lines": [ 37.344932, 35.590089, 35.553309, 36.279748 ] }, { "date": "2024-07-26", "close": 45.354276, "volume": 1537829, "typical_volume": 865765.4, "trend": 37.498822, "fair_value": 41.623721, "relative_strength": 12.280394, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.678777, "energy": 63.058674, "activity_lines": [ 40.45861, 37.488496, 36.414423, 36.787056 ] }, { "date": "2024-08-02", "close": 40.834742, "volume": 1282564, "typical_volume": 887373.4, "trend": 37.46508, "fair_value": 41.495506, "relative_strength": 3.465725, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.028855, "energy": 58.435661, "activity_lines": [ 41.24597, 38.40419, 36.819956, 37.002277 ] }, { "date": "2024-08-09", "close": 38.579941, "volume": 984234, "typical_volume": 903129.5, "trend": 37.392538, "fair_value": 41.36602, "relative_strength": -1.989286, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.082089, "energy": 56.544903, "activity_lines": [ 40.881096, 38.78402, 36.99729, 37.074203 ] }, { "date": "2024-08-16", "close": 40.487085, "volume": 673374, "typical_volume": 912856.35, "trend": 37.392161, "fair_value": 41.262886, "relative_strength": -0.954694, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.640759, "energy": 53.963296, "activity_lines": [ 40.795009, 39.431293, 37.361288, 37.273851 ] }, { "date": "2024-08-23", "close": 42.861082, "volume": 591149, "typical_volume": 908999.55, "trend": 37.507608, "fair_value": 41.146526, "relative_strength": 3.363363, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.927851, "energy": 45.267572, "activity_lines": [ 41.267822, 40.359581, 37.954748, 37.626685 ] }, { "date": "2024-08-30", "close": 42.702154, "volume": 601818, "typical_volume": 910589.55, "trend": 37.724193, "fair_value": 41.042833, "relative_strength": 2.595535, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.529774, "energy": 43.596948, "activity_lines": [ 41.627398, 41.06573, 38.51956, 37.961817 ] }, { "date": "2024-09-06", "close": 41.340668, "volume": 508816, "typical_volume": 908758.45, "trend": 37.823998, "fair_value": 40.950227, "relative_strength": 3.433723, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.365089, "energy": 42.051456, "activity_lines": [ 41.709954, 41.348973, 38.930609, 38.195138 ] }, { "date": "2024-09-13", "close": 45.127827, "volume": 878813, "typical_volume": 877365.55, "trend": 38.021614, "fair_value": 40.873631, "relative_strength": 8.388865, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.961741, "energy": 60.213568, "activity_lines": [ 43.021168, 42.202328, 39.684584, 38.666353 ] }, { "date": "2024-09-20", "close": 48.596905, "volume": 1433829, "typical_volume": 903623.9, "trend": 38.340485, "fair_value": 40.806463, "relative_strength": 14.588461, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.349724, "energy": 73.976003, "activity_lines": [ 45.052215, 43.470028, 40.710851, 39.34863 ] }, { "date": "2024-09-27", "close": 47.155597, "volume": 872567, "typical_volume": 919974.0, "trend": 38.643062, "fair_value": 40.687902, "relative_strength": 10.151508, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.79212, "energy": 72.871147, "activity_lines": [ 46.062172, 44.26483, 41.535349, 39.917346 ] }, { "date": "2024-10-04", "close": 46.797756, "volume": 644557, "typical_volume": 924717.45, "trend": 38.867219, "fair_value": 40.566985, "relative_strength": 8.627428, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.270275, "energy": 71.564553, "activity_lines": [ 46.666547, 44.900054, 42.267656, 40.443456 ] }, { "date": "2024-10-11", "close": 46.966736, "volume": 671877, "typical_volume": 930200.5, "trend": 39.165815, "fair_value": 40.422224, "relative_strength": 7.35375, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.057145, "energy": 67.478215, "activity_lines": [ 47.054209, 45.539755, 42.967021, 40.966005 ] }, { "date": "2024-10-18", "close": 49.044207, "volume": 762587, "typical_volume": 937955.0, "trend": 39.47941, "fair_value": 40.276709, "relative_strength": 10.594803, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.422345, "energy": 66.232795, "activity_lines": [ 47.75929, 46.445689, 43.802067, 41.603321 ] }, { "date": "2024-10-25", "close": 39.412298, "volume": 1147307, "typical_volume": 960584.65, "trend": 39.420005, "fair_value": 39.966591, "relative_strength": -10.25483, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.539999, "energy": 26.344939, "activity_lines": [ 44.992642, 45.410106, 43.649187, 41.598991 ] }, { "date": "2024-11-01", "close": 40.813845, "volume": 1117359, "typical_volume": 972245.9, "trend": 39.446353, "fair_value": 39.618382, "relative_strength": -5.712254, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.755995, "energy": 18.80942, "activity_lines": [ 43.305484, 44.648892, 43.595457, 41.688916 ] }, { "date": "2024-11-08", "close": 46.231173, "volume": 1527128, "typical_volume": 1012017.05, "trend": 39.73267, "fair_value": 39.326165, "relative_strength": 1.714708, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.643666, "energy": 22.555295, "activity_lines": [ 43.846886, 44.909869, 44.0168, 42.126647 ] }, { "date": "2024-11-15", "close": 47.6029, "volume": 1301163, "typical_volume": 973251.0, "trend": 40.065704, "fair_value": 39.018698, "relative_strength": 6.804407, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.661045, "energy": 25.206446, "activity_lines": [ 44.883302, 45.356087, 44.506051, 42.634403 ] }, { "date": "2024-11-22", "close": 47.483619, "volume": 1151048, "typical_volume": 1008222.35, "trend": 40.550899, "fair_value": 38.743155, "relative_strength": 4.591103, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.010888, "energy": 32.880859, "activity_lines": [ 45.837547, 45.666759, 44.923096, 43.112978 ] }, { "date": "2024-11-29", "close": 47.115837, "volume": 687817, "typical_volume": 985323.8, "trend": 40.953043, "fair_value": 38.524024, "relative_strength": 2.568602, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.330592, "energy": 38.868203, "activity_lines": [ 46.773237, 45.867728, 45.23722, 43.536523 ] }, { "date": "2024-12-06", "close": 46.171121, "volume": 688854, "typical_volume": 953234.5, "trend": 41.327005, "fair_value": 38.274596, "relative_strength": -0.23589, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.468335, "energy": 38.396618, "activity_lines": [ 46.880452, 45.92386, 45.413204, 43.873173 ] }, { "date": "2024-12-13", "close": 43.953077, "volume": 813738, "typical_volume": 917029.95, "trend": 41.575428, "fair_value": 38.062966, "relative_strength": -3.927887, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.919745, "energy": 26.676885, "activity_lines": [ 45.891168, 45.59461, 45.357879, 44.042597 ] }, { "date": "2024-12-20", "close": 38.959991, "volume": 1244599, "typical_volume": 915131.7, "trend": 41.743753, "fair_value": 37.784609, "relative_strength": -12.647759, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -5.929739, "energy": 10.477518, "activity_lines": [ 43.389395, 44.409249, 44.833695, 43.873859 ] }, { "date": "2024-12-27", "close": 39.228544, "volume": 496747, "typical_volume": 890757.35, "trend": 41.910775, "fair_value": 37.48506, "relative_strength": -11.938046, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.476475, "energy": 29.666556, "activity_lines": [ 41.553333, 43.418292, 44.344014, 43.711588 ] }, { "date": "2025-01-03", "close": 38.601921, "volume": 459994, "typical_volume": 880088.35, "trend": 42.124075, "fair_value": 37.163882, "relative_strength": -12.32549, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.415166, "energy": 46.380089, "activity_lines": [ 40.058735, 42.49187, 43.791566, 43.498113 ] }, { "date": "2025-01-10", "close": 36.552966, "volume": 551419, "typical_volume": 878101.85, "trend": 42.268083, "fair_value": 36.88796, "relative_strength": -14.819838, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.561067, "energy": 64.145348, "activity_lines": [ 38.448747, 41.207645, 43.052957, 43.138687 ] }, { "date": "2025-01-17", "close": 40.442003, "volume": 783034, "typical_volume": 887162.65, "trend": 42.514244, "fair_value": 36.738346, "relative_strength": -8.037376, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.892931, "energy": 54.745151, "activity_lines": [ 38.776315, 40.707988, 42.714771, 43.020875 ] }, { "date": "2025-01-24", "close": 34.832241, "volume": 1197643, "typical_volume": 921604.0, "trend": 42.514477, "fair_value": 36.615076, "relative_strength": -21.644065, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.301997, "energy": 62.88833, "activity_lines": [ 37.468033, 39.293633, 41.853085, 42.525262 ] }, { "date": "2025-01-31", "close": 35.299721, "volume": 1112156, "typical_volume": 933271.15, "trend": 42.5836, "fair_value": 36.461726, "relative_strength": -19.452195, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.985985, "energy": 68.928075, "activity_lines": [ 36.590762, 38.196467, 41.066913, 42.059794 ] }, { "date": "2025-02-07", "close": 35.11074, "volume": 1118016, "typical_volume": 917480.5, "trend": 42.520605, "fair_value": 36.30609, "relative_strength": -19.337654, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.00091, "energy": 73.340098, "activity_lines": [ 35.912419, 37.286467, 40.309543, 41.577674 ] }, { "date": "2025-02-14", "close": 33.748085, "volume": 999364, "typical_volume": 923820.35, "trend": 42.246969, "fair_value": 36.120573, "relative_strength": -23.111318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.455518, "energy": 80.817688, "activity_lines": [ 35.012602, 36.346985, 39.486616, 41.011705 ] }, { "date": "2025-02-21", "close": 31.818487, "volume": 802879, "typical_volume": 931736.45, "trend": 41.795776, "fair_value": 35.922624, "relative_strength": -25.83682, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.579948, "energy": 84.433214, "activity_lines": [ 33.656579, 35.282541, 38.543764, 40.3389 ] }, { "date": "2025-02-28", "close": 31.668865, "volume": 934902, "typical_volume": 944887.7, "trend": 41.490246, "fair_value": 35.753715, "relative_strength": -25.028446, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.150231, "energy": 85.201708, "activity_lines": [ 32.825582, 34.411522, 37.657991, 39.685551 ] }, { "date": "2025-03-07", "close": 28.83151, "volume": 1286910, "typical_volume": 971103.85, "trend": 41.165299, "fair_value": 35.578238, "relative_strength": -29.019751, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.238591, "energy": 89.475042, "activity_lines": [ 31.259692, 33.157186, 36.574841, 38.868858 ] }, { "date": "2025-03-14", "close": 28.493019, "volume": 1500372, "typical_volume": 988757.1, "trend": 40.765497, "fair_value": 35.395791, "relative_strength": -27.73346, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.797195, "energy": 89.459585, "activity_lines": [ 30.012186, 32.030344, 35.555705, 38.051292 ] }, { "date": "2025-03-21", "close": 27.218698, "volume": 2481192, "typical_volume": 1056948.75, "trend": 40.244084, "fair_value": 35.227153, "relative_strength": -30.770475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.748154, "energy": 91.591412, "activity_lines": [ 28.781088, 30.855604, 34.467202, 37.177305 ] }, { "date": "2025-03-28", "close": 26.452114, "volume": 3570152, "typical_volume": 1159099.95, "trend": 39.702416, "fair_value": 35.068443, "relative_strength": -31.10181, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.624031, "energy": 90.645197, "activity_lines": [ 27.729754, 29.7112, 33.370429, 36.2875 ] }, { "date": "2025-04-04", "close": 24.241964, "volume": 2003153, "typical_volume": 1194199.45, "trend": 39.132459, "fair_value": 34.926447, "relative_strength": -29.974118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.353217, "energy": 91.257331, "activity_lines": [ 26.299461, 28.419312, 32.157352, 35.290052 ] }, { "date": "2025-04-11", "close": 23.375824, "volume": 2469261, "typical_volume": 1260110.1, "trend": 38.407392, "fair_value": 34.779657, "relative_strength": -35.542552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.577419, "energy": 90.240775, "activity_lines": [ 25.075582, 27.162495, 30.973028, 34.273495 ] }, { "date": "2025-04-18", "close": 24.112541, "volume": 1302050, "typical_volume": 1290821.75, "trend": 37.591247, "fair_value": 34.634305, "relative_strength": -31.960549, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.689589, "energy": 83.715432, "activity_lines": [ 24.460988, 26.256424, 29.973667, 33.351246 ] }, { "date": "2025-04-25", "close": 26.472026, "volume": 2757073, "typical_volume": 1394232.7, "trend": 36.901794, "fair_value": 34.536666, "relative_strength": -28.230174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.980154, "energy": 77.931326, "activity_lines": [ 24.924921, 25.979318, 29.308558, 32.633877 ] }, { "date": "2025-05-02", "close": 27.158964, "volume": 1821261, "typical_volume": 1444608.85, "trend": 36.247168, "fair_value": 34.433642, "relative_strength": -28.017631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.276472, "energy": 63.960397, "activity_lines": [ 25.667611, 25.959401, 28.802677, 32.005307 ] }, { "date": "2025-05-09", "close": 27.039497, "volume": 1532224, "typical_volume": 1458990.1, "trend": 35.582927, "fair_value": 34.35985, "relative_strength": -27.607747, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.592512, "energy": 52.681765, "activity_lines": [ 26.323355, 26.002482, 28.365389, 31.411264 ] }, { "date": "2025-05-16", "close": 28.214261, "volume": 1251297, "typical_volume": 1496717.6, "trend": 34.888595, "fair_value": 34.308114, "relative_strength": -27.789955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.591903, "energy": 37.377683, "activity_lines": [ 27.184185, 26.343326, 28.096749, 30.935866 ] }, { "date": "2025-05-23", "close": 26.830428, "volume": 1158953, "typical_volume": 1531665.55, "trend": 34.469199, "fair_value": 34.227361, "relative_strength": -29.158415, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.614778, "energy": 32.583181, "activity_lines": [ 27.261175, 26.443788, 27.748764, 30.415984 ] }, { "date": "2025-05-30", "close": 27.32821, "volume": 878572, "typical_volume": 1548023.2, "trend": 34.019678, "fair_value": 34.149988, "relative_strength": -28.697119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.929439, "energy": 29.177585, "activity_lines": [ 27.3229, 26.664984, 27.504241, 29.955275 ] }, { "date": "2025-06-06", "close": 28.115244, "volume": 890743, "typical_volume": 1553408.65, "trend": 33.415814, "fair_value": 34.100476, "relative_strength": -27.534298, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.216622, "energy": 24.710682, "activity_lines": [ 27.589891, 27.027286, 27.378602, 29.574344 ] }, { "date": "2025-06-13", "close": 27.756453, "volume": 1111297, "typical_volume": 1549091.35, "trend": 32.754266, "fair_value": 34.062443, "relative_strength": -27.910498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.533575, "energy": 20.217072, "activity_lines": [ 27.673533, 27.294114, 27.27749, 29.209224 ] }, { "date": "2025-06-20", "close": 27.766419, "volume": 912144, "typical_volume": 1539090.75, "trend": 32.097026, "fair_value": 34.00842, "relative_strength": -27.450642, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.585262, "energy": 16.732964, "activity_lines": [ 27.712699, 27.498855, 27.211022, 28.887428 ] }, { "date": "2025-06-27", "close": 29.939097, "volume": 1650059, "typical_volume": 1565692.9, "trend": 31.524468, "fair_value": 33.983493, "relative_strength": -24.033069, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.671952, "energy": 9.871899, "activity_lines": [ 28.505948, 28.018799, 27.387349, 28.748206 ] }, { "date": "2025-07-04", "close": 32.161606, "volume": 764040, "typical_volume": 1553926.7, "trend": 31.057484, "fair_value": 33.981155, "relative_strength": -19.532226, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 19.986743, "energy": 27.807619, "activity_lines": [ 29.832788, 28.836899, 27.79997, 28.789312 ] }, { "date": "2025-07-11", "close": 32.241338, "volume": 1302086, "typical_volume": 1578887.05, "trend": 30.667093, "fair_value": 33.984448, "relative_strength": -18.73875, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.885465, "energy": 60.642584, "activity_lines": [ 30.86398, 29.566048, 28.227739, 28.86569 ] }, { "date": "2025-07-18", "close": 31.633387, "volume": 1167898, "typical_volume": 1590536.85, "trend": 30.422872, "fair_value": 33.965768, "relative_strength": -20.122948, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.073699, "energy": 61.759848, "activity_lines": [ 31.417448, 30.092253, 28.595595, 28.928031 ] }, { "date": "2025-07-25", "close": 33.816031, "volume": 1726451, "typical_volume": 1612513.9, "trend": 30.242455, "fair_value": 33.944646, "relative_strength": -15.078481, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 55.38843, "energy": 76.775733, "activity_lines": [ 32.440002, 30.931778, 29.17149, 29.146945 ] }, { "date": "2025-08-01", "close": 30.905839, "volume": 1245962, "typical_volume": 1599793.4, "trend": 29.985919, "fair_value": 33.901141, "relative_strength": -19.778926, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.23291, "energy": 59.155283, "activity_lines": [ 32.089184, 31.140327, 29.446488, 29.189744 ] }, { "date": "2025-08-08", "close": 30.945704, "volume": 871449, "typical_volume": 1519306.25, "trend": 29.799011, "fair_value": 33.830209, "relative_strength": -21.018543, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.481852, "energy": 37.267346, "activity_lines": [ 31.687205, 31.282025, 29.713794, 29.251665 ] }, { "date": "2025-08-15", "close": 34.414015, "volume": 1387977, "typical_volume": 1410197.5, "trend": 29.598078, "fair_value": 33.802683, "relative_strength": -12.460812, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.187175, "energy": 47.184364, "activity_lines": [ 32.52239, 31.988553, 30.293667, 29.549408 ] }, { "date": "2025-08-22", "close": 37.623199, "volume": 1954749, "typical_volume": 1407777.3, "trend": 29.69111, "fair_value": 33.810328, "relative_strength": -4.00408, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.566725, "energy": 72.390778, "activity_lines": [ 34.282458, 33.164046, 31.141263, 30.067157 ] }, { "date": "2025-08-29", "close": 38.560042, "volume": 1416228, "typical_volume": 1355125.65, "trend": 29.799787, "fair_value": 33.843444, "relative_strength": -1.043939, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.61531, "energy": 92.42577, "activity_lines": [ 35.955487, 34.330479, 32.014362, 30.639347 ] }, { "date": "2025-09-05", "close": 38.26167, "volume": 1062888, "typical_volume": 1343167.55, "trend": 29.904818, "fair_value": 33.863451, "relative_strength": -1.567156, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.009011, "energy": 90.716613, "activity_lines": [ 37.21279, 35.246414, 32.786738, 31.185275 ] }, { "date": "2025-09-12", "close": 36.436361, "volume": 1174845, "typical_volume": 1264056.15, "trend": 29.994427, "fair_value": 33.875679, "relative_strength": -6.942178, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.334633, "energy": 86.355516, "activity_lines": [ 37.371268, 35.679155, 33.317899, 31.606664 ] }, { "date": "2025-09-19", "close": 37.024849, "volume": 2359600, "typical_volume": 1290973.1, "trend": 30.167973, "fair_value": 33.908632, "relative_strength": -5.658328, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.361268, "energy": 75.7715, "activity_lines": [ 37.359865, 36.141172, 33.857657, 32.06024 ] }, { "date": "2025-09-26", "close": 36.077284, "volume": 1207795, "typical_volume": 1274751.65, "trend": 30.31492, "fair_value": 33.946329, "relative_strength": -6.933808, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.831021, "energy": 56.124218, "activity_lines": [ 36.858552, 36.343931, 34.260191, 32.441486 ] }, { "date": "2025-10-03", "close": 34.621026, "volume": 1161662, "typical_volume": 1270269.9, "trend": 30.507904, "fair_value": 33.954511, "relative_strength": -10.770568, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.611075, "energy": 39.213663, "activity_lines": [ 35.97488, 36.201117, 34.480996, 32.719299 ] }, { "date": "2025-10-10", "close": 34.760667, "volume": 1023802, "typical_volume": 1263512.35, "trend": 30.716825, "fair_value": 33.967637, "relative_strength": -7.304464, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.205265, "energy": 30.048423, "activity_lines": [ 35.400357, 36.069057, 34.684592, 32.993671 ] }, { "date": "2025-10-17", "close": 33.394179, "volume": 1558060, "typical_volume": 1297486.75, "trend": 30.922675, "fair_value": 33.99737, "relative_strength": -11.44492, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.722035, "energy": 24.200315, "activity_lines": [ 34.603737, 35.618456, 34.720283, 33.166404 ] }, { "date": "2025-10-24", "close": 34.102359, "volume": 1786736, "typical_volume": 1342286.4, "trend": 31.177683, "fair_value": 34.007857, "relative_strength": -10.723506, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.462643, "energy": 23.249266, "activity_lines": [ 34.24599, 35.252098, 34.794534, 33.371544 ] }, { "date": "2025-10-31", "close": 31.060177, "volume": 1062666, "typical_volume": 1339854.85, "trend": 31.404957, "fair_value": 34.01042, "relative_strength": -18.516505, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.927771, "energy": 19.511382, "activity_lines": [ 33.069015, 34.338283, 34.550544, 33.363963 ] }, { "date": "2025-11-07", "close": 32.526409, "volume": 1200138, "typical_volume": 1354254.55, "trend": 31.709976, "fair_value": 33.994927, "relative_strength": -12.362654, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.644175, "energy": 19.900864, "activity_lines": [ 32.715257, 33.810382, 34.430463, 33.436315 ] }, { "date": "2025-11-14", "close": 31.080126, "volume": 1097310, "typical_volume": 1326617.1, "trend": 31.942229, "fair_value": 33.989584, "relative_strength": -15.319321, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.269565, "energy": 26.268527, "activity_lines": [ 32.019046, 33.129224, 34.149973, 33.39568 ] }, { "date": "2025-11-21", "close": 30.611331, "volume": 1680118, "typical_volume": 1372421.0, "trend": 32.080206, "fair_value": 33.978199, "relative_strength": -13.926068, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.397309, "energy": 50.199733, "activity_lines": [ 31.41194, 32.493403, 33.819404, 33.309815 ] }, { "date": "2025-11-28", "close": 31.838178, "volume": 888660, "typical_volume": 1351749.7, "trend": 32.23618, "fair_value": 33.965678, "relative_strength": -12.654279, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.387092, "energy": 43.709946, "activity_lines": [ 31.399306, 32.186555, 33.613059, 33.294201 ] }, { "date": "2025-12-05", "close": 32.746431, "volume": 1437694, "typical_volume": 1365239.5, "trend": 32.426411, "fair_value": 33.974176, "relative_strength": -9.513679, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.122592, "energy": 26.888703, "activity_lines": [ 31.840368, 32.139148, 33.495134, 33.32712 ] }, { "date": "2025-12-12", "close": 35.252332, "volume": 1902764, "typical_volume": 1374055.15, "trend": 32.661013, "fair_value": 34.020075, "relative_strength": -1.239023, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 16.386738, "energy": 9.696282, "activity_lines": [ 33.004314, 32.607919, 33.610566, 33.509438 ] }, { "date": "2025-12-19", "close": 36.400454, "volume": 2044291, "typical_volume": 1413971.6, "trend": 32.980014, "fair_value": 34.054402, "relative_strength": 2.349016, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.731353, "energy": 34.90362, "activity_lines": [ 34.369239, 33.273962, 33.828504, 33.750692 ] }, { "date": "2025-12-26", "close": 35.152495, "volume": 934970, "typical_volume": 1417147.65, "trend": 33.240823, "fair_value": 34.088517, "relative_strength": -1.982516, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.794795, "energy": 36.226419, "activity_lines": [ 34.963488, 33.683289, 33.901423, 33.890852 ] }, { "date": "2026-01-02", "close": 34.653312, "volume": 1381246, "typical_volume": 1416811.1, "trend": 33.458759, "fair_value": 34.112151, "relative_strength": -1.810253, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.577814, "energy": 36.683995, "activity_lines": [ 35.0886, 33.969886, 33.906769, 33.98198 ] }, { "date": "2026-01-09", "close": 36.570176, "volume": 1580790, "typical_volume": 1398113.15, "trend": 33.75255, "fair_value": 34.143133, "relative_strength": 2.413861, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.490026, "energy": 49.526147, "activity_lines": [ 35.66499, 34.594986, 34.093534, 34.182717 ] }, { "date": "2026-01-16", "close": 37.538592, "volume": 1208327, "typical_volume": 1387718.1, "trend": 34.078289, "fair_value": 34.188492, "relative_strength": 6.054931, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.282246, "energy": 57.252391, "activity_lines": [ 36.30927, 35.29598, 34.377544, 34.426978 ] }, { "date": "2026-01-23", "close": 39.305701, "volume": 2471571, "typical_volume": 1458152.25, "trend": 34.390509, "fair_value": 34.230931, "relative_strength": 11.478099, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.485765, "energy": 67.936126, "activity_lines": [ 37.390168, 36.227136, 34.834713, 34.76423 ] }, { "date": "2026-01-30", "close": 39.894738, "volume": 2164392, "typical_volume": 1507629.6, "trend": 34.64828, "fair_value": 34.253719, "relative_strength": 12.772233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.657007, "energy": 78.374408, "activity_lines": [ 38.473729, 37.115834, 35.34301, 35.119342 ] }, { "date": "2026-02-06", "close": 40.763317, "volume": 1911280, "typical_volume": 1485213.6, "trend": 34.932346, "fair_value": 34.297587, "relative_strength": 15.457198, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.839051, "energy": 81.312972, "activity_lines": [ 39.530667, 37.993666, 35.91756, 35.51386 ] }, { "date": "2026-02-13", "close": 40.473791, "volume": 1397181, "typical_volume": 1494682.9, "trend": 35.227026, "fair_value": 34.335167, "relative_strength": 15.981734, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.798549, "energy": 79.231856, "activity_lines": [ 40.083762, 38.656581, 36.446734, 35.871373 ] }, { "date": "2026-02-20", "close": 40.813235, "volume": 1042647, "typical_volume": 1488732.15, "trend": 35.460266, "fair_value": 34.37562, "relative_strength": 15.411341, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.775229, "energy": 76.84371, "activity_lines": [ 40.489764, 39.240717, 36.9873, 36.231773 ] }, { "date": "2026-02-27", "close": 36.210764, "volume": 1523774, "typical_volume": 1513730.75, "trend": 35.637097, "fair_value": 34.388914, "relative_strength": 2.953855, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.068582, "energy": 42.292237, "activity_lines": [ 39.1433, 38.886932, 37.060049, 36.280192 ] }, { "date": "2026-03-06", "close": 33.523401, "volume": 1586436, "typical_volume": 1515149.55, "trend": 35.72302, "fair_value": 34.422878, "relative_strength": -2.728705, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 16.406524, "energy": 13.40833, "activity_lines": [ 37.107378, 38.047984, 36.869954, 36.143825 ] }, { "date": "2026-03-13", "close": 32.224432, "volume": 1336985, "typical_volume": 1492662.0, "trend": 35.650034, "fair_value": 34.465436, "relative_strength": -4.981906, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.541013, "energy": 26.68115, "activity_lines": [ 35.063221, 37.002481, 36.555531, 35.91811 ] }, { "date": "2026-03-20", "close": 31.824749, "volume": 1673413, "typical_volume": 1523199.35, "trend": 35.456753, "fair_value": 34.513797, "relative_strength": -4.449168, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.789153, "energy": 39.845572, "activity_lines": [ 33.455096, 35.928469, 36.211987, 35.671317 ] }, { "date": "2026-03-27", "close": 32.064559, "volume": 1504993, "typical_volume": 1538442.1, "trend": 35.240237, "fair_value": 34.5649, "relative_strength": -1.619773, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.671826, "energy": 46.051775, "activity_lines": [ 32.50351, 34.984339, 35.88764, 35.452466 ] }, { "date": "2026-04-03", "close": 33.363528, "volume": 1108484, "typical_volume": 1539000.8, "trend": 35.076965, "fair_value": 34.624709, "relative_strength": -1.114333, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.73918, "energy": 51.067879, "activity_lines": [ 32.568159, 34.375913, 35.689204, 35.331388 ] }, { "date": "2026-04-10", "close": 35.681689, "volume": 1217357, "typical_volume": 1515862.75, "trend": 35.051809, "fair_value": 34.706476, "relative_strength": 1.765295, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.476972, "energy": 26.771251, "activity_lines": [ 33.595344, 34.297011, 35.700672, 35.370402 ] }, { "date": "2026-04-17", "close": 37.430301, "volume": 1084405, "typical_volume": 1525650.0, "trend": 35.065324, "fair_value": 34.796221, "relative_strength": 1.898227, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 12.95914, "energy": 8.576871, "activity_lines": [ 35.061514, 34.612639, 35.85453, 35.523853 ] }, { "date": "2026-04-24", "close": 37.400325, "volume": 1235456, "typical_volume": 1515538.1, "trend": 35.109426, "fair_value": 34.88666, "relative_strength": 1.133347, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.679498, "energy": 22.027179, "activity_lines": [ 36.170634, 34.983417, 35.978904, 35.674498 ] }, { "date": "2026-05-01", "close": 37.140531, "volume": 1260177, "typical_volume": 1483408.75, "trend": 35.193409, "fair_value": 34.987855, "relative_strength": -0.617476, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.594303, "energy": 33.58477, "activity_lines": [ 36.821451, 35.362842, 36.056374, 35.805538 ] }, { "date": "2026-05-08", "close": 37.670111, "volume": 878142, "typical_volume": 1425101.3, "trend": 35.290391, "fair_value": 35.099289, "relative_strength": -1.614543, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.674907, "energy": 36.589257, "activity_lines": [ 37.310396, 35.905329, 36.175289, 35.965325 ] }, { "date": "2026-05-15", "close": 35.521816, "volume": 973170, "typical_volume": 1427011.3, "trend": 35.361312, "fair_value": 35.184278, "relative_strength": -7.420919, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 34.387882, "energy": 25.177645, "activity_lines": [ 36.796138, 36.030685, 36.083558, 35.980255 ] }, { "date": "2026-05-22", "close": 37.250444, "volume": 1251438, "typical_volume": 1420520.9, "trend": 35.466248, "fair_value": 35.277812, "relative_strength": -3.86833, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.036536, "energy": 28.45096, "activity_lines": [ 36.868747, 36.434001, 36.1547, 36.102135 ] }, { "date": "2026-05-29", "close": 37.999849, "volume": 804454, "typical_volume": 1381704.1, "trend": 35.697571, "fair_value": 35.365504, "relative_strength": -3.458681, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 58.731788, "energy": 32.07763, "activity_lines": [ 37.203148, 36.882191, 36.284847, 36.265593 ] }, { "date": "2026-06-05", "close": 37.41, "volume": 1225717, "typical_volume": 1382573.6, "trend": 35.860357, "fair_value": 35.446437, "relative_strength": -2.635092, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.735125, "energy": 24.678494, "activity_lines": [ 37.300965, 37.110861, 36.352009, 36.376072 ] }, { "date": "2026-06-12", "close": 39.03, "volume": 1175337, "typical_volume": 1317761.9, "trend": 36.125353, "fair_value": 35.535471, "relative_strength": 0.797924, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 58.511312, "energy": 50.139847, "activity_lines": [ 37.920817, 37.536886, 36.57407, 36.580565 ] }, { "date": "2026-06-19", "close": 38.26, "volume": 1488465, "typical_volume": 1283965.55, "trend": 36.380308, "fair_value": 35.621727, "relative_strength": -2.244065, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.884515, "energy": 52.270712, "activity_lines": [ 38.193343, 37.719885, 36.72411, 36.718285 ] }, { "date": "2026-06-26", "close": 41.4, "volume": 2366501, "typical_volume": 1306726.6, "trend": 36.699036, "fair_value": 35.720179, "relative_strength": 8.054457, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.008949, "energy": 70.045428, "activity_lines": [ 39.32999, 38.426915, 37.180982, 37.042136 ] }, { "date": "2026-07-03", "close": 41.05, "volume": 1230112, "typical_volume": 1298373.15, "trend": 36.975821, "fair_value": 35.813216, "relative_strength": 4.749968, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.600797, "energy": 73.994874, "activity_lines": [ 40.073333, 38.998131, 37.601489, 37.322843 ] }, { "date": "2026-07-10", "close": 41.65, "volume": 1030732, "typical_volume": 1297777.4, "trend": 37.189077, "fair_value": 35.902675, "relative_strength": 4.738391, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.543149, "energy": 79.03029, "activity_lines": [ 40.813333, 39.612081, 38.076395, 37.624403 ] }, { "date": "2026-07-17", "close": 42.48, "volume": 1018673, "typical_volume": 1272522.35, "trend": 37.391729, "fair_value": 35.982925, "relative_strength": 8.256782, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.961819, "energy": 83.951039, "activity_lines": [ 41.547333, 40.29495, 38.626364, 37.965753 ] }, { "date": "2026-07-24", "close": 42.08, "volume": 1363175, "typical_volume": 1261359.3, "trend": 37.622645, "fair_value": 36.014802, "relative_strength": 7.741333, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.693633, "energy": 77.992074, "activity_lines": [ 41.918, 40.817639, 39.108384, 38.268222 ] }, { "date": "2026-07-31", "close": 42.8, "volume": 1073262, "typical_volume": 1248173.15, "trend": 37.894202, "fair_value": 36.05326, "relative_strength": 8.119896, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.884973, "energy": 77.801683, "activity_lines": [ 42.274, 41.351997, 39.61823, 38.602245 ] }, { "date": "2026-08-07", "close": 42.6, "volume": 1168950, "typical_volume": 1222950.0, "trend": 38.095196, "fair_value": 36.092023, "relative_strength": 3.738799, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.311828, "energy": 61.434865, "activity_lines": [ 42.47, 41.749091, 40.058669, 38.905845 ] } ], "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." } } }