{ "ticker": { "uuid": "c848c406-54c6-49a9-824d-26fd6c76932a", "symbol": "HWBK", "name": "Hawthorn Bancshares Inc", "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": 65.701, "architecture_energy": 44.348, "architecture_maturity": 62.052, "architecture_confidence": 62.063, "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": 21.3, "rotation_up": 45.78, "upward_expansion": 74.62, "deceleration": 71.34, "rotation_down": 24.46, "downward_expansion": 5.95 }, "activity_lines": [ 39.318667, 39.113612, 37.901967, 36.833696 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 40.31, "trend_reference": 35.528513, "distance_from_trend": 0.134582, "trend_direction": "Improving", "fair_value": 26.74893, "distance_from_fair_value": 0.506976, "fair_value_direction": "Improving", "relative_strength": 4.553281, "relative_strength_direction": "Improving", "price_momentum": 0.17195, "excess_performance": -0.015504, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.134582, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.060469, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.506976, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.038279, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.045533, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.074511, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.17195, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.697166, "read": "Demand-led" } ], "volume": { "latest": 91201, "relative_activity": 1.590469, "balance": 2.697166, "dry_up": 1.373395, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.056489, "annualized_volatility": 0.230795, "from_high_reference": -0.006654, "from_low_reference": 0.444455 }, "levels": { "trend_reference": 35.528513, "fair_value_reference": 26.74893, "structural_low": 31.945197, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 31, "median_return": -0.000876, "positive_rate": 0.451613, "directional_follow_through": 0.451613, "median_excess_return": -0.005886, "regime_survival": 0.677419, "best_return": 0.278689, "worst_return": -0.156693, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.033613, "positive_rate": 0.615385, "directional_follow_through": 0.615385, "median_excess_return": 0.002335, "regime_survival": 0.692308, "best_return": 0.328109, "worst_return": -0.178668, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.050898, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": 0.019538, "regime_survival": 0.5, "best_return": 0.172474, "worst_return": -0.217119, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.141378, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.05133, "regime_survival": 0.75, "best_return": 0.563161, "worst_return": -0.269764, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2025-01-03", "tenure": "Established", "return": 0.229658, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": 0.041935, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-14", "tenure": "Developing", "return": -0.122324, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.117123, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-04-25", "tenure": "New", "return": 0.129456, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-08-22", "tenure": "Established", "return": 0.120453, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-29", "end": "2025-09-05", "tenure": "New", "return": -0.061023, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-10-24", "tenure": "Developing", "return": -0.055277, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-31", "end": "2025-11-21", "tenure": "New", "return": 0.084078, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-28", "end": "2026-01-09", "tenure": "Developing", "return": -0.056409, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-16", "end": "2026-02-06", "tenure": "New", "return": 0.097761, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-03-20", "tenure": "Developing", "return": -0.054084, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.064935, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.176746, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 15.702141, "volume": 41924, "typical_volume": 48969.8, "trend": 18.154423, "fair_value": 18.756754, "relative_strength": -29.074098, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.494777, "energy": 41.882174, "activity_lines": [ 15.945827, 15.99613, 16.26922, 17.026032 ] }, { "date": "2023-08-25", "close": 15.491436, "volume": 19688, "typical_volume": 48967.5, "trend": 17.976409, "fair_value": 18.76026, "relative_strength": -30.589583, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.388137, "energy": 43.57104, "activity_lines": [ 15.798028, 15.879367, 16.136837, 16.854226 ] }, { "date": "2023-09-01", "close": 15.344858, "volume": 18431, "typical_volume": 49148.7, "trend": 17.788026, "fair_value": 18.763677, "relative_strength": -33.08511, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.460228, "energy": 44.209849, "activity_lines": [ 15.612973, 15.758607, 16.011512, 16.684448 ] }, { "date": "2023-09-08", "close": 15.454791, "volume": 16406, "typical_volume": 49267.7, "trend": 17.584836, "fair_value": 18.767799, "relative_strength": -31.181744, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.249774, "energy": 44.300727, "activity_lines": [ 15.513422, 15.684485, 15.920201, 16.533917 ] }, { "date": "2023-09-15", "close": 15.263344, "volume": 27234, "typical_volume": 45771.45, "trend": 17.381036, "fair_value": 18.773529, "relative_strength": -31.05302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.783741, "energy": 44.362266, "activity_lines": [ 15.390365, 15.593544, 15.832889, 16.384143 ] }, { "date": "2023-09-22", "close": 15.351779, "volume": 42374, "typical_volume": 42331.15, "trend": 17.179607, "fair_value": 18.783148, "relative_strength": -27.611173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.228996, "energy": 43.582316, "activity_lines": [ 15.357186, 15.528659, 15.773235, 16.253224 ] }, { "date": "2023-09-29", "close": 15.032081, "volume": 21716, "typical_volume": 37994.5, "trend": 16.957132, "fair_value": 18.785433, "relative_strength": -28.520768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.986866, "energy": 43.692955, "activity_lines": [ 15.2408, 15.414849, 15.686906, 16.114674 ] }, { "date": "2023-10-06", "close": 15.124587, "volume": 51105, "typical_volume": 37755.9, "trend": 16.803254, "fair_value": 18.787958, "relative_strength": -28.61411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.309877, "energy": 40.580719, "activity_lines": [ 15.185872, 15.329374, 15.614183, 15.996445 ] }, { "date": "2023-10-13", "close": 14.699063, "volume": 34417, "typical_volume": 35413.1, "trend": 16.654734, "fair_value": 18.789265, "relative_strength": -29.913292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.044351, "energy": 43.797233, "activity_lines": [ 15.003787, 15.183862, 15.505997, 15.860691 ] }, { "date": "2023-10-20", "close": 14.338293, "volume": 49801, "typical_volume": 35568.75, "trend": 16.470917, "fair_value": 18.782573, "relative_strength": -28.795672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.567177, "energy": 49.278848, "activity_lines": [ 14.751828, 14.997489, 15.369045, 15.711243 ] }, { "date": "2023-10-27", "close": 15.355849, "volume": 37649, "typical_volume": 35061.2, "trend": 16.302839, "fair_value": 18.785574, "relative_strength": -20.992312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.097275, "energy": 38.84169, "activity_lines": [ 14.900724, 15.029419, 15.337933, 15.639303 ] }, { "date": "2023-11-03", "close": 17.437214, "volume": 75567, "typical_volume": 36002.5, "trend": 16.220574, "fair_value": 18.79789, "relative_strength": -14.983113, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.187663, "energy": 6.055699, "activity_lines": [ 15.743137, 15.446074, 15.509133, 15.712488 ] }, { "date": "2023-11-10", "close": 19.786844, "volume": 73296, "typical_volume": 38717.75, "trend": 16.203832, "fair_value": 18.819027, "relative_strength": -5.709959, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.653051, "energy": 43.951989, "activity_lines": [ 17.208418, 16.254557, 15.900774, 15.94257 ] }, { "date": "2023-11-17", "close": 19.8886, "volume": 23976, "typical_volume": 38484.95, "trend": 16.196008, "fair_value": 18.844993, "relative_strength": -6.527137, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.658183, "energy": 75.203251, "activity_lines": [ 18.396801, 17.000778, 16.287934, 16.180297 ] }, { "date": "2023-11-24", "close": 19.833097, "volume": 45301, "typical_volume": 39298.5, "trend": 16.213677, "fair_value": 18.859379, "relative_strength": -7.067428, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.826862, "energy": 89.548316, "activity_lines": [ 19.220713, 17.656293, 16.653405, 16.414948 ] }, { "date": "2023-12-01", "close": 19.842347, "volume": 34096, "typical_volume": 40355.8, "trend": 16.336955, "fair_value": 18.875889, "relative_strength": -6.700089, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.987497, "energy": 89.177073, "activity_lines": [ 19.681388, 18.230404, 17.00061, 16.649056 ] }, { "date": "2023-12-08", "close": 19.796095, "volume": 30140, "typical_volume": 39765.6, "trend": 16.462181, "fair_value": 18.890289, "relative_strength": -6.810269, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.675639, "energy": 87.185628, "activity_lines": [ 19.827547, 18.714458, 17.324437, 16.872226 ] }, { "date": "2023-12-15", "close": 20.045932, "volume": 50865, "typical_volume": 39558.2, "trend": 16.59079, "fair_value": 18.897056, "relative_strength": -7.952186, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.941402, "energy": 83.482271, "activity_lines": [ 19.899725, 19.157318, 17.652388, 17.103436 ] }, { "date": "2023-12-22", "close": 23.467726, "volume": 124475, "typical_volume": 43154.55, "trend": 16.84393, "fair_value": 18.935985, "relative_strength": 7.186244, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.688688, "energy": 83.046013, "activity_lines": [ 21.095229, 20.132844, 18.287328, 17.547109 ] }, { "date": "2023-12-29", "close": 23.6542, "volume": 37727, "typical_volume": 42809.4, "trend": 17.091942, "fair_value": 18.976718, "relative_strength": 8.20497, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.088573, "energy": 87.74595, "activity_lines": [ 22.114282, 20.982844, 18.904749, 17.986481 ] }, { "date": "2024-01-05", "close": 23.188015, "volume": 48125, "typical_volume": 43119.45, "trend": 17.324415, "fair_value": 19.017652, "relative_strength": 10.069107, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.577564, "energy": 87.81207, "activity_lines": [ 22.723201, 21.578703, 19.44213, 18.379776 ] }, { "date": "2024-01-12", "close": 23.141397, "volume": 40380, "typical_volume": 44154.05, "trend": 17.537883, "fair_value": 19.059655, "relative_strength": 7.139249, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.010811, "energy": 86.808888, "activity_lines": [ 23.093535, 22.023683, 19.939425, 18.755066 ] }, { "date": "2024-01-19", "close": 23.160044, "volume": 33581, "typical_volume": 44911.55, "trend": 17.74953, "fair_value": 19.105524, "relative_strength": 5.000629, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.797386, "energy": 83.624285, "activity_lines": [ 23.247065, 22.368341, 20.402066, 19.117786 ] }, { "date": "2024-01-26", "close": 23.682171, "volume": 66615, "typical_volume": 47422.0, "trend": 17.990796, "fair_value": 19.164362, "relative_strength": 7.28941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.878688, "energy": 72.754531, "activity_lines": [ 23.36703, 22.7466, 20.877219, 19.500537 ] }, { "date": "2024-02-02", "close": 23.439755, "volume": 54682, "typical_volume": 48794.4, "trend": 18.245052, "fair_value": 19.214962, "relative_strength": 5.46524, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.217346, "energy": 69.354675, "activity_lines": [ 23.391893, 23.01181, 21.290107, 19.852082 ] }, { "date": "2024-02-09", "close": 21.91067, "volume": 238613, "typical_volume": 58606.35, "trend": 18.446812, "fair_value": 19.249531, "relative_strength": -2.42167, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.643519, "energy": 59.164619, "activity_lines": [ 22.921358, 22.933428, 21.518432, 20.088574 ] }, { "date": "2024-02-16", "close": 21.239364, "volume": 193871, "typical_volume": 67214.1, "trend": 18.632607, "fair_value": 19.283595, "relative_strength": -3.185284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.523855, "energy": 47.26932, "activity_lines": [ 22.31221, 22.695385, 21.651591, 20.268739 ] }, { "date": "2024-02-23", "close": 19.971342, "volume": 49686, "typical_volume": 67143.15, "trend": 18.762394, "fair_value": 19.309632, "relative_strength": -9.297983, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.015141, "energy": 28.385588, "activity_lines": [ 21.40719, 22.200552, 21.634427, 20.355108 ] }, { "date": "2024-03-01", "close": 19.439892, "volume": 141584, "typical_volume": 72501.5, "trend": 18.875076, "fair_value": 19.315247, "relative_strength": -12.482691, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.951045, "energy": 25.98294, "activity_lines": [ 20.537601, 21.610447, 21.543569, 20.398818 ] }, { "date": "2024-03-08", "close": 18.796558, "volume": 84217, "typical_volume": 74222.3, "trend": 18.96265, "fair_value": 19.322968, "relative_strength": -13.236044, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -15.013487, "energy": 35.074145, "activity_lines": [ 19.736385, 20.976606, 21.368866, 20.393752 ] }, { "date": "2024-03-15", "close": 18.218939, "volume": 80136, "typical_volume": 76346.65, "trend": 19.046543, "fair_value": 19.33218, "relative_strength": -14.205925, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -20.169601, "energy": 40.336715, "activity_lines": [ 19.052177, 20.326064, 21.117921, 20.345771 ] }, { "date": "2024-03-22", "close": 19.277359, "volume": 72761, "typical_volume": 76206.35, "trend": 19.17274, "fair_value": 19.346192, "relative_strength": -11.13546, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.113196, "energy": 45.459458, "activity_lines": [ 18.96689, 19.958308, 20.954145, 20.360662 ] }, { "date": "2024-03-29", "close": 19.22091, "volume": 20703, "typical_volume": 73576.7, "trend": 19.301942, "fair_value": 19.354289, "relative_strength": -10.187266, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.177351, "energy": 54.930715, "activity_lines": [ 18.993587, 19.650545, 20.77623, 20.36377 ] }, { "date": "2024-04-05", "close": 19.917115, "volume": 55540, "typical_volume": 75154.9, "trend": 19.450686, "fair_value": 19.374999, "relative_strength": -5.515758, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.902085, "energy": 28.558442, "activity_lines": [ 19.302382, 19.540985, 20.667315, 20.403459 ] }, { "date": "2024-04-12", "close": 19.945339, "volume": 48956, "typical_volume": 75337.65, "trend": 19.606753, "fair_value": 19.395737, "relative_strength": -4.190692, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -5.436927, "energy": 12.525785, "activity_lines": [ 19.588769, 19.505012, 20.560953, 20.435372 ] }, { "date": "2024-04-19", "close": 18.581153, "volume": 54192, "typical_volume": 76342.45, "trend": 19.714398, "fair_value": 19.405998, "relative_strength": -4.921371, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.080177, "energy": 20.328242, "activity_lines": [ 19.343843, 19.28454, 20.324133, 20.369204 ] }, { "date": "2024-04-26", "close": 17.77205, "volume": 73998, "typical_volume": 78535.35, "trend": 19.805731, "fair_value": 19.410207, "relative_strength": -11.827424, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -40.828113, "energy": 30.392396, "activity_lines": [ 18.805068, 18.977495, 20.016262, 20.243891 ] }, { "date": "2024-05-03", "close": 18.251867, "volume": 95369, "typical_volume": 80760.55, "trend": 19.909973, "fair_value": 19.414589, "relative_strength": -10.067093, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.231998, "energy": 32.134818, "activity_lines": [ 18.526586, 18.820731, 19.763726, 20.143642 ] }, { "date": "2024-05-10", "close": 18.543521, "volume": 46304, "typical_volume": 76852.0, "trend": 20.038122, "fair_value": 19.417733, "relative_strength": -9.702091, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.079878, "energy": 43.315689, "activity_lines": [ 18.409925, 18.748259, 19.547509, 20.055484 ] }, { "date": "2024-05-17", "close": 18.345949, "volume": 19514, "typical_volume": 75941.35, "trend": 20.17171, "fair_value": 19.415434, "relative_strength": -12.298618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.085901, "energy": 55.297559, "activity_lines": [ 18.318979, 18.656162, 19.335925, 19.946311 ] }, { "date": "2024-05-24", "close": 17.884948, "volume": 43301, "typical_volume": 75700.15, "trend": 20.256014, "fair_value": 19.407072, "relative_strength": -15.418814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.226894, "energy": 50.387457, "activity_lines": [ 18.180992, 18.48844, 19.105713, 19.798778 ] }, { "date": "2024-05-31", "close": 18.063704, "volume": 38287, "typical_volume": 75595.5, "trend": 20.276897, "fair_value": 19.401894, "relative_strength": -12.98577, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.545402, "energy": 45.279982, "activity_lines": [ 18.149005, 18.359291, 18.917779, 19.657339 ] }, { "date": "2024-06-07", "close": 18.345949, "volume": 13318, "typical_volume": 74582.35, "trend": 20.228867, "fair_value": 19.398118, "relative_strength": -13.733521, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.138083, "energy": 39.819439, "activity_lines": [ 18.191655, 18.303527, 18.780904, 19.532762 ] }, { "date": "2024-06-14", "close": 18.70346, "volume": 20486, "typical_volume": 72275.9, "trend": 20.189362, "fair_value": 19.406088, "relative_strength": -14.789954, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.015832, "energy": 31.864993, "activity_lines": [ 18.347204, 18.328672, 18.701002, 19.434348 ] }, { "date": "2024-06-21", "close": 19.007427, "volume": 22225, "typical_volume": 70653.05, "trend": 20.16184, "fair_value": 19.41329, "relative_strength": -13.327853, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.608335, "energy": 24.202532, "activity_lines": [ 18.593412, 18.431151, 18.673758, 19.358094 ] }, { "date": "2024-06-28", "close": 18.807948, "volume": 20821, "typical_volume": 59763.45, "trend": 20.12736, "fair_value": 19.418239, "relative_strength": -13.982578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.32196, "energy": 18.087105, "activity_lines": [ 18.729029, 18.514414, 18.648622, 19.270747 ] }, { "date": "2024-07-05", "close": 19.330391, "volume": 21440, "typical_volume": 51141.9, "trend": 20.111836, "fair_value": 19.424281, "relative_strength": -14.468591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.351188, "energy": 13.828067, "activity_lines": [ 18.97726, 18.688543, 18.688018, 19.219329 ] }, { "date": "2024-07-12", "close": 19.520371, "volume": 21629, "typical_volume": 49739.05, "trend": 20.094318, "fair_value": 19.430413, "relative_strength": -13.296244, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.828739, "energy": 11.998749, "activity_lines": [ 19.204372, 18.86888, 18.754597, 19.18117 ] }, { "date": "2024-07-19", "close": 20.137803, "volume": 21533, "typical_volume": 43736.5, "trend": 19.98332, "fair_value": 19.442349, "relative_strength": -6.883607, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.478546, "energy": 17.308093, "activity_lines": [ 19.559, 19.138414, 18.882126, 19.183976 ] }, { "date": "2024-07-26", "close": 20.422772, "volume": 21108, "typical_volume": 40581.05, "trend": 19.875606, "fair_value": 19.456213, "relative_strength": -3.140817, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.450348, "energy": 37.880127, "activity_lines": [ 19.912994, 19.430773, 19.033472, 19.212327 ] }, { "date": "2024-08-02", "close": 19.282897, "volume": 11281, "typical_volume": 37138.3, "trend": 19.745435, "fair_value": 19.462669, "relative_strength": -5.629277, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.560113, "energy": 32.867813, "activity_lines": [ 19.792674, 19.478122, 19.068515, 19.174088 ] }, { "date": "2024-08-09", "close": 20.109306, "volume": 8938, "typical_volume": 33947.15, "trend": 19.644366, "fair_value": 19.473909, "relative_strength": -1.955502, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.937343, "energy": 37.860186, "activity_lines": [ 19.916161, 19.65031, 19.177197, 19.197564 ] }, { "date": "2024-08-16", "close": 20.783733, "volume": 12282, "typical_volume": 33526.1, "trend": 19.565155, "fair_value": 19.490344, "relative_strength": -3.903159, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.866598, "energy": 45.068501, "activity_lines": [ 20.212528, 19.907928, 19.346148, 19.271071 ] }, { "date": "2024-08-23", "close": 21.17319, "volume": 11230, "typical_volume": 31310.6, "trend": 19.481523, "fair_value": 19.509122, "relative_strength": -3.167651, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.446918, "energy": 51.58215, "activity_lines": [ 20.554491, 20.192034, 19.544749, 19.374815 ] }, { "date": "2024-08-30", "close": 22.560039, "volume": 23757, "typical_volume": 30050.65, "trend": 19.452199, "fair_value": 19.537764, "relative_strength": 3.700609, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.740111, "energy": 83.101385, "activity_lines": [ 21.289711, 20.683389, 19.869449, 19.573429 ] }, { "date": "2024-09-06", "close": 23.072983, "volume": 26677, "typical_volume": 28674.9, "trend": 19.490943, "fair_value": 19.569745, "relative_strength": 12.121795, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.044066, "energy": 89.04611, "activity_lines": [ 22.053428, 21.203414, 20.230549, 19.807028 ] }, { "date": "2024-09-13", "close": 23.310457, "volume": 22554, "typical_volume": 26102.7, "trend": 19.559979, "fair_value": 19.604282, "relative_strength": 6.585602, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.125479, "energy": 90.229529, "activity_lines": [ 22.64363, 21.68907, 20.592877, 20.053449 ] }, { "date": "2024-09-20", "close": 24.124169, "volume": 42374, "typical_volume": 23452.95, "trend": 19.698407, "fair_value": 19.641832, "relative_strength": 8.371322, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.575729, "energy": 91.117995, "activity_lines": [ 23.291659, 22.250309, 21.006328, 20.347912 ] }, { "date": "2024-09-27", "close": 23.870483, "volume": 25089, "typical_volume": 22392.2, "trend": 19.846093, "fair_value": 19.676604, "relative_strength": 5.834148, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.307237, "energy": 87.700099, "activity_lines": [ 23.632431, 22.681718, 21.367655, 20.617079 ] }, { "date": "2024-10-04", "close": 21.02249, "volume": 40960, "typical_volume": 23464.5, "trend": 19.920291, "fair_value": 19.690136, "relative_strength": -6.955403, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.946214, "energy": 53.838425, "activity_lines": [ 22.844052, 22.527443, 21.432378, 20.692975 ] }, { "date": "2024-10-11", "close": 23.19558, "volume": 19547, "typical_volume": 22276.8, "trend": 20.086179, "fair_value": 19.717124, "relative_strength": 1.133101, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.56459, "energy": 49.128031, "activity_lines": [ 22.88254, 22.757371, 21.691316, 20.904284 ] }, { "date": "2024-10-18", "close": 22.975399, "volume": 34399, "typical_volume": 22082.4, "trend": 20.209447, "fair_value": 19.742417, "relative_strength": -0.289045, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.192843, "energy": 35.43032, "activity_lines": [ 22.839461, 22.876127, 21.903996, 21.090685 ] }, { "date": "2024-10-25", "close": 24.641116, "volume": 31210, "typical_volume": 22977.0, "trend": 20.39012, "fair_value": 19.776658, "relative_strength": 6.537813, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.56121, "energy": 43.914071, "activity_lines": [ 23.373959, 23.245629, 22.251927, 21.3766 ] }, { "date": "2024-11-01", "close": 26.881217, "volume": 216847, "typical_volume": 32795.05, "trend": 20.622257, "fair_value": 19.823039, "relative_strength": 17.745372, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.582986, "energy": 60.670322, "activity_lines": [ 24.620693, 23.952289, 22.783224, 21.79538 ] }, { "date": "2024-11-08", "close": 26.469575, "volume": 30778, "typical_volume": 33222.7, "trend": 20.839732, "fair_value": 19.859041, "relative_strength": 9.97169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.224224, "energy": 76.349645, "activity_lines": [ 25.529498, 24.480322, 23.236375, 22.172626 ] }, { "date": "2024-11-15", "close": 29.102173, "volume": 154840, "typical_volume": 39923.65, "trend": 21.190432, "fair_value": 19.918575, "relative_strength": 24.841952, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.194234, "energy": 90.165476, "activity_lines": [ 26.952696, 25.415926, 23.904716, 22.705687 ] }, { "date": "2024-11-22", "close": 29.121319, "volume": 56475, "typical_volume": 41675.4, "trend": 21.568741, "fair_value": 19.980606, "relative_strength": 22.330683, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.946784, "energy": 86.755903, "activity_lines": [ 27.988504, 26.245391, 24.52586, 23.217357 ] }, { "date": "2024-11-29", "close": 31.016789, "volume": 17324, "typical_volume": 41460.15, "trend": 21.994239, "fair_value": 20.054633, "relative_strength": 28.77751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.077188, "energy": 89.95918, "activity_lines": [ 29.246407, 27.313834, 25.280901, 23.826909 ] }, { "date": "2024-12-06", "close": 30.643439, "volume": 58654, "typical_volume": 43316.2, "trend": 22.397569, "fair_value": 20.125751, "relative_strength": 22.813174, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.799891, "energy": 82.93664, "activity_lines": [ 29.954815, 28.189075, 25.945641, 24.384922 ] }, { "date": "2024-12-13", "close": 30.432831, "volume": 62049, "typical_volume": 45363.25, "trend": 22.800465, "fair_value": 20.191776, "relative_strength": 20.66735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.703918, "energy": 66.580907, "activity_lines": [ 30.342206, 28.902878, 26.540295, 24.903326 ] }, { "date": "2024-12-20", "close": 28.843775, "volume": 37641, "typical_volume": 46681.25, "trend": 23.16576, "fair_value": 20.246836, "relative_strength": 17.085053, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.13755, "energy": 57.817922, "activity_lines": [ 29.935694, 29.156666, 26.935945, 25.293217 ] }, { "date": "2024-12-27", "close": 27.254719, "volume": 17827, "typical_volume": 47125.7, "trend": 23.472127, "fair_value": 20.286831, "relative_strength": 9.898118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.126182, "energy": 40.904414, "activity_lines": [ 29.016724, 29.01884, 27.134727, 25.55702 ] }, { "date": "2025-01-03", "close": 28.371874, "volume": 23854, "typical_volume": 47704.3, "trend": 23.806324, "fair_value": 20.334192, "relative_strength": 15.471733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.096866, "energy": 32.739867, "activity_lines": [ 28.594578, 29.006327, 27.405879, 25.873133 ] }, { "date": "2025-01-10", "close": 29.854993, "volume": 45546, "typical_volume": 49420.1, "trend": 24.178042, "fair_value": 20.390956, "relative_strength": 24.134592, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.018786, "energy": 30.529951, "activity_lines": [ 28.843133, 29.19564, 27.782147, 26.26337 ] }, { "date": "2025-01-17", "close": 28.458549, "volume": 28953, "typical_volume": 49679.9, "trend": 24.493079, "fair_value": 20.43947, "relative_strength": 15.064303, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.955824, "energy": 24.824631, "activity_lines": [ 28.67877, 29.076985, 27.984079, 26.539532 ] }, { "date": "2025-01-24", "close": 31.106976, "volume": 54663, "typical_volume": 51079.2, "trend": 24.903047, "fair_value": 20.504623, "relative_strength": 23.772151, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.247638, "energy": 40.060206, "activity_lines": [ 29.528835, 29.4037, 28.410153, 26.966235 ] }, { "date": "2025-01-31", "close": 31.492202, "volume": 36810, "typical_volume": 51792.0, "trend": 25.308441, "fair_value": 20.573024, "relative_strength": 26.791742, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.265335, "energy": 47.535011, "activity_lines": [ 30.356428, 29.764004, 28.834658, 27.391341 ] }, { "date": "2025-02-07", "close": 31.540355, "volume": 91785, "typical_volume": 54262.55, "trend": 25.709107, "fair_value": 20.640852, "relative_strength": 26.327619, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.778357, "energy": 52.99651, "activity_lines": [ 30.917573, 30.089957, 29.224789, 27.7934 ] }, { "date": "2025-02-14", "close": 33.41833, "volume": 106368, "typical_volume": 58326.5, "trend": 26.151791, "fair_value": 20.722305, "relative_strength": 29.411008, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.475895, "energy": 70.534482, "activity_lines": [ 31.893478, 30.747841, 29.758459, 28.29077 ] }, { "date": "2025-02-21", "close": 31.742598, "volume": 31399, "typical_volume": 57848.45, "trend": 26.529119, "fair_value": 20.787582, "relative_strength": 25.023395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.263266, "energy": 66.131308, "activity_lines": [ 32.07325, 31.050593, 30.08707, 28.651467 ] }, { "date": "2025-02-28", "close": 29.604596, "volume": 77480, "typical_volume": 60745.1, "trend": 26.873175, "fair_value": 20.845338, "relative_strength": 20.024655, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.370636, "energy": 42.187774, "activity_lines": [ 31.321418, 30.940804, 30.161013, 28.849885 ] }, { "date": "2025-03-07", "close": 27.052475, "volume": 45314, "typical_volume": 61290.85, "trend": 27.104614, "fair_value": 20.882683, "relative_strength": 12.797138, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.299889, "energy": 14.925708, "activity_lines": [ 29.819038, 30.353159, 29.961378, 28.861452 ] }, { "date": "2025-03-14", "close": 27.639945, "volume": 93942, "typical_volume": 64427.45, "trend": 27.333155, "fair_value": 20.923472, "relative_strength": 17.448381, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 12.84779, "energy": 16.667305, "activity_lines": [ 28.808463, 29.876005, 29.798278, 28.89599 ] }, { "date": "2025-03-21", "close": 28.308888, "volume": 69296, "typical_volume": 57049.9, "trend": 27.571011, "fair_value": 20.967871, "relative_strength": 19.271584, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.381594, "energy": 20.791684, "activity_lines": [ 28.280896, 29.533784, 29.684607, 28.958941 ] }, { "date": "2025-03-28", "close": 27.04856, "volume": 78951, "typical_volume": 59458.55, "trend": 27.720629, "fair_value": 21.004452, "relative_strength": 16.045479, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.612338, "energy": 29.229536, "activity_lines": [ 27.673849, 28.990524, 29.444106, 28.925234 ] }, { "date": "2025-04-04", "close": 24.993258, "volume": 102744, "typical_volume": 56853.75, "trend": 27.784638, "fair_value": 21.025559, "relative_strength": 18.341497, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.734519, "energy": 47.151855, "activity_lines": [ 26.694637, 28.099208, 29.005105, 28.749275 ] }, { "date": "2025-04-11", "close": 25.836707, "volume": 122670, "typical_volume": 60163.5, "trend": 27.868846, "fair_value": 21.050768, "relative_strength": 13.309818, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.104754, "energy": 49.138371, "activity_lines": [ 26.303998, 27.472406, 28.665999, 28.623602 ] }, { "date": "2025-04-18", "close": 28.308888, "volume": 24849, "typical_volume": 60539.75, "trend": 28.008337, "fair_value": 21.092241, "relative_strength": 26.129307, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.24636, "energy": 36.012254, "activity_lines": [ 26.81847, 27.397918, 28.577979, 28.651991 ] }, { "date": "2025-04-25", "close": 29.181422, "volume": 44202, "typical_volume": 59817.15, "trend": 28.185368, "fair_value": 21.142755, "relative_strength": 21.251502, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -9.103846, "energy": 14.9036, "activity_lines": [ 27.579191, 27.540827, 28.585953, 28.727674 ] }, { "date": "2025-05-02", "close": 28.483394, "volume": 39157, "typical_volume": 58672.55, "trend": 28.434065, "fair_value": 21.186601, "relative_strength": 13.720558, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.485328, "energy": 7.738295, "activity_lines": [ 28.049066, 27.633856, 28.53441, 28.746902 ] }, { "date": "2025-05-09", "close": 27.465438, "volume": 51087, "typical_volume": 59344.85, "trend": 28.576393, "fair_value": 21.228362, "relative_strength": 9.272066, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.271469, "energy": 10.798259, "activity_lines": [ 28.083968, 27.60106, 28.395201, 28.68441 ] }, { "date": "2025-05-16", "close": 29.375318, "volume": 67755, "typical_volume": 61841.25, "trend": 28.789724, "fair_value": 21.28038, "relative_strength": 8.726258, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.890497, "energy": 16.511088, "activity_lines": [ 28.590684, 27.95441, 28.44445, 28.735953 ] }, { "date": "2025-05-23", "close": 28.657901, "volume": 81347, "typical_volume": 64715.9, "trend": 28.923617, "fair_value": 21.326441, "relative_strength": 7.946094, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.948071, "energy": 15.198575, "activity_lines": [ 28.622353, 28.135086, 28.415275, 28.727449 ] }, { "date": "2025-05-30", "close": 27.940484, "volume": 53094, "typical_volume": 65093.3, "trend": 28.958926, "fair_value": 21.365867, "relative_strength": 2.731099, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.841087, "energy": 13.891094, "activity_lines": [ 28.391617, 28.166814, 28.316412, 28.664021 ] }, { "date": "2025-06-06", "close": 28.813018, "volume": 73031, "typical_volume": 67297.2, "trend": 29.03704, "fair_value": 21.413393, "relative_strength": 3.228572, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.953799, "energy": 10.012617, "activity_lines": [ 28.534454, 28.363883, 28.309765, 28.654607 ] }, { "date": "2025-06-13", "close": 27.882315, "volume": 122602, "typical_volume": 70694.15, "trend": 28.996379, "fair_value": 21.463243, "relative_strength": -0.042648, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.435244, "energy": 13.472583, "activity_lines": [ 28.345081, 28.359653, 28.212792, 28.580109 ] }, { "date": "2025-06-20", "close": 28.106858, "volume": 50737, "typical_volume": 71390.5, "trend": 28.962563, "fair_value": 21.509063, "relative_strength": 0.294342, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.417071, "energy": 14.338998, "activity_lines": [ 28.202765, 28.34372, 28.152559, 28.52272 ] }, { "date": "2025-06-27", "close": 26.886518, "volume": 825266, "typical_volume": 108064.55, "trend": 28.824887, "fair_value": 21.541644, "relative_strength": -8.201649, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.407342, "energy": 26.605264, "activity_lines": [ 27.738232, 28.064632, 27.992223, 28.388782 ] }, { "date": "2025-07-04", "close": 29.44435, "volume": 131354, "typical_volume": 109313.85, "trend": 28.784918, "fair_value": 21.589801, "relative_strength": -1.425984, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.556275, "energy": 11.240128, "activity_lines": [ 28.244403, 28.276465, 28.097652, 28.428747 ] }, { "date": "2025-07-11", "close": 28.214248, "volume": 72964, "typical_volume": 111392.1, "trend": 28.710965, "fair_value": 21.628541, "relative_strength": -5.579902, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.157984, "energy": 13.120187, "activity_lines": [ 28.240282, 28.259863, 28.104852, 28.39193 ] }, { "date": "2025-07-18", "close": 28.009231, "volume": 44321, "typical_volume": 109734.15, "trend": 28.683147, "fair_value": 21.665748, "relative_strength": -7.685216, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.984251, "energy": 13.871387, "activity_lines": [ 28.207739, 28.210879, 28.109329, 28.346657 ] }, { "date": "2025-07-25", "close": 28.028756, "volume": 49458, "typical_volume": 109941.35, "trend": 28.708948, "fair_value": 21.704284, "relative_strength": -8.621096, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.5603, "energy": 10.892655, "activity_lines": [ 28.173244, 28.155557, 28.123262, 28.304438 ] }, { "date": "2025-08-01", "close": 27.550383, "volume": 60851, "typical_volume": 108286.8, "trend": 28.681565, "fair_value": 21.740572, "relative_strength": -8.367748, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.995947, "energy": 20.637539, "activity_lines": [ 27.984499, 28.037742, 28.086986, 28.229692 ] }, { "date": "2025-08-08", "close": 28.11662, "volume": 50366, "typical_volume": 107340.3, "trend": 28.623619, "fair_value": 21.78175, "relative_strength": -9.97764, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.628256, "energy": 18.969085, "activity_lines": [ 27.940241, 28.043015, 28.105065, 28.193244 ] }, { "date": "2025-08-15", "close": 29.317434, "volume": 47340, "typical_volume": 105759.75, "trend": 28.652249, "fair_value": 21.830844, "relative_strength": -6.810183, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.690046, "energy": 2.378823, "activity_lines": [ 28.384769, 28.263416, 28.238422, 28.238006 ] }, { "date": "2025-08-22", "close": 31.914317, "volume": 41482, "typical_volume": 102696.65, "trend": 28.67916, "fair_value": 21.900633, "relative_strength": 1.985057, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.624804, "energy": 47.997988, "activity_lines": [ 29.62138, 28.946806, 28.608297, 28.448462 ] }, { "date": "2025-08-29", "close": 32.636758, "volume": 38818, "typical_volume": 98504.05, "trend": 28.717312, "fair_value": 21.976913, "relative_strength": 4.229592, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.219982, "energy": 66.619316, "activity_lines": [ 30.838466, 29.68824, 29.014019, 28.703791 ] }, { "date": "2025-09-05", "close": 30.645164, "volume": 37101, "typical_volume": 99116.65, "trend": 28.687472, "fair_value": 22.045841, "relative_strength": -3.142902, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 59.437202, "energy": 71.503274, "activity_lines": [ 31.084486, 29.985204, 29.197684, 28.828169 ] }, { "date": "2025-09-12", "close": 31.396893, "volume": 22218, "typical_volume": 98017.45, "trend": 28.620091, "fair_value": 22.116324, "relative_strength": -2.703214, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.69979, "energy": 75.669983, "activity_lines": [ 31.374764, 30.350507, 29.441817, 29.00297 ] }, { "date": "2025-09-19", "close": 32.264966, "volume": 83671, "typical_volume": 100243.15, "trend": 28.637503, "fair_value": 22.19915, "relative_strength": -2.251445, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.622246, "energy": 74.122054, "activity_lines": [ 31.735715, 30.838141, 29.758074, 29.238123 ] }, { "date": "2025-09-26", "close": 30.879655, "volume": 27946, "typical_volume": 99086.1, "trend": 28.680005, "fair_value": 22.276622, "relative_strength": -6.108313, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.698123, "energy": 43.233499, "activity_lines": [ 31.438394, 31.000251, 29.924388, 29.382778 ] }, { "date": "2025-10-03", "close": 29.838216, "volume": 34275, "typical_volume": 97412.1, "trend": 28.772863, "fair_value": 22.34301, "relative_strength": -10.549469, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.776509, "energy": 31.45148, "activity_lines": [ 30.862903, 30.920818, 29.975261, 29.457501 ] }, { "date": "2025-10-10", "close": 29.062049, "volume": 27194, "typical_volume": 94704.45, "trend": 28.820267, "fair_value": 22.403872, "relative_strength": -10.917489, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.834523, "energy": 17.039225, "activity_lines": [ 30.21526, 30.667365, 29.950008, 29.476158 ] }, { "date": "2025-10-17", "close": 29.0031, "volume": 30892, "typical_volume": 93594.35, "trend": 28.843407, "fair_value": 22.461627, "relative_strength": -13.261891, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 19.303961, "energy": 20.100075, "activity_lines": [ 29.653508, 30.375709, 29.917216, 29.487954 ] }, { "date": "2025-10-24", "close": 29.661368, "volume": 60753, "typical_volume": 92980.45, "trend": 28.930501, "fair_value": 22.525393, "relative_strength": -13.127644, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.534321, "energy": 21.59448, "activity_lines": [ 29.470765, 30.187621, 29.942057, 29.540726 ] }, { "date": "2025-10-31", "close": 29.681018, "volume": 32540, "typical_volume": 88477.35, "trend": 29.08676, "fair_value": 22.591325, "relative_strength": -14.478664, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.531315, "energy": 18.540189, "activity_lines": [ 29.468145, 29.996852, 29.964729, 29.589146 ] }, { "date": "2025-11-07", "close": 30.368761, "volume": 100579, "typical_volume": 90969.45, "trend": 29.237828, "fair_value": 22.659656, "relative_strength": -9.661563, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.467702, "energy": 12.191474, "activity_lines": [ 29.774682, 29.971732, 30.044335, 29.671856 ] }, { "date": "2025-11-14", "close": 30.918955, "volume": 28258, "typical_volume": 51119.05, "trend": 29.32483, "fair_value": 22.732201, "relative_strength": -7.629788, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.140254, "energy": 20.004934, "activity_lines": [ 30.229247, 30.087884, 30.16557, 29.780316 ] }, { "date": "2025-11-21", "close": 32.176542, "volume": 35679, "typical_volume": 46335.3, "trend": 29.424668, "fair_value": 22.814404, "relative_strength": -0.695245, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.734645, "energy": 48.730415, "activity_lines": [ 30.979214, 30.42771, 30.387373, 29.964297 ] }, { "date": "2025-11-28", "close": 33.404654, "volume": 30450, "typical_volume": 44209.6, "trend": 29.58871, "fair_value": 22.909496, "relative_strength": -1.513651, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.475189, "energy": 73.736089, "activity_lines": [ 31.92699, 30.976654, 30.713128, 30.22107 ] }, { "date": "2025-12-05", "close": 33.699401, "volume": 31514, "typical_volume": 43569.25, "trend": 29.796508, "fair_value": 23.000084, "relative_strength": -1.473864, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.598365, "energy": 81.470712, "activity_lines": [ 32.723461, 31.558467, 31.042239, 30.486276 ] }, { "date": "2025-12-12", "close": 33.286756, "volume": 76463, "typical_volume": 44919.5, "trend": 29.92689, "fair_value": 23.087138, "relative_strength": -0.679783, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.49266, "energy": 80.21658, "activity_lines": [ 33.114492, 32.013985, 31.304953, 30.711454 ] }, { "date": "2025-12-19", "close": 36.02604, "volume": 76897, "typical_volume": 45721.8, "trend": 30.172494, "fair_value": 23.200632, "relative_strength": 6.802997, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.537733, "energy": 92.702909, "activity_lines": [ 34.224085, 32.904854, 31.803514, 31.104947 ] }, { "date": "2025-12-26", "close": 31.826625, "volume": 27833, "typical_volume": 44595.15, "trend": 30.302032, "fair_value": 23.283822, "relative_strength": -6.754559, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.002086, "energy": 66.19973, "activity_lines": [ 33.593401, 32.905575, 31.861771, 31.211665 ] }, { "date": "2026-01-02", "close": 33.447106, "volume": 43189, "typical_volume": 44387.6, "trend": 30.456502, "fair_value": 23.373069, "relative_strength": -0.270377, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.197178, "energy": 46.855583, "activity_lines": [ 33.526204, 33.149592, 32.056692, 31.414573 ] }, { "date": "2026-01-09", "close": 31.520315, "volume": 39985, "typical_volume": 44312.75, "trend": 30.577769, "fair_value": 23.440531, "relative_strength": -7.757439, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.733364, "energy": 30.116215, "activity_lines": [ 32.813914, 32.974452, 32.048444, 31.483206 ] }, { "date": "2026-01-16", "close": 31.332577, "volume": 29853, "typical_volume": 43864.5, "trend": 30.685293, "fair_value": 23.507954, "relative_strength": -7.368071, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.914068, "energy": 20.937022, "activity_lines": [ 32.184317, 32.731736, 32.024192, 31.531904 ] }, { "date": "2026-01-23", "close": 31.579601, "volume": 27450, "typical_volume": 43381.95, "trend": 30.841729, "fair_value": 23.57685, "relative_strength": -6.582277, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.54042, "energy": 18.657141, "activity_lines": [ 31.76734, 32.516409, 32.029678, 31.589601 ] }, { "date": "2026-01-30", "close": 34.988538, "volume": 31052, "typical_volume": 43823.65, "trend": 31.026535, "fair_value": 23.666543, "relative_strength": 3.802818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.469601, "energy": 22.137243, "activity_lines": [ 32.783104, 32.908877, 32.355374, 31.857137 ] }, { "date": "2026-02-06", "close": 34.395679, "volume": 52202, "typical_volume": 42250.2, "trend": 31.232583, "fair_value": 23.748884, "relative_strength": 4.244666, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.611141, "energy": 30.506322, "activity_lines": [ 33.390455, 33.142426, 32.607504, 32.074501 ] }, { "date": "2026-02-13", "close": 34.069607, "volume": 17303, "typical_volume": 41718.05, "trend": 31.434595, "fair_value": 23.830245, "relative_strength": 4.798758, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.457274, "energy": 39.326232, "activity_lines": [ 33.825876, 33.29867, 32.818433, 32.257535 ] }, { "date": "2026-02-20", "close": 34.583418, "volume": 22043, "typical_volume": 41106.45, "trend": 31.653084, "fair_value": 23.914788, "relative_strength": 5.319175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.140032, "energy": 54.436782, "activity_lines": [ 34.262615, 33.541604, 33.063107, 32.460685 ] }, { "date": "2026-02-27", "close": 32.597342, "volume": 20405, "typical_volume": 40767.0, "trend": 31.821316, "fair_value": 23.984602, "relative_strength": -0.307487, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.954024, "energy": 34.749301, "activity_lines": [ 33.820607, 33.399857, 33.096034, 32.521605 ] }, { "date": "2026-03-06", "close": 32.459008, "volume": 27539, "typical_volume": 40599.35, "trend": 31.966062, "fair_value": 24.066129, "relative_strength": 0.559228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.695877, "energy": 17.841398, "activity_lines": [ 33.264637, 33.295298, 33.098952, 32.562746 ] }, { "date": "2026-03-13", "close": 32.9827, "volume": 22610, "typical_volume": 38692.2, "trend": 32.088238, "fair_value": 24.15477, "relative_strength": 3.306562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.537309, "energy": 13.66371, "activity_lines": [ 33.051867, 33.274458, 33.135289, 32.628336 ] }, { "date": "2026-03-20", "close": 32.226991, "volume": 54192, "typical_volume": 39774.8, "trend": 32.09866, "fair_value": 24.234092, "relative_strength": 3.101806, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.482235, "energy": 14.589691, "activity_lines": [ 32.681392, 33.12466, 33.083837, 32.637288 ] }, { "date": "2026-03-27", "close": 32.923038, "volume": 44558, "typical_volume": 36973.75, "trend": 32.108203, "fair_value": 24.314379, "relative_strength": 8.818143, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.452208, "energy": 14.310675, "activity_lines": [ 32.665774, 33.088568, 33.086552, 32.690473 ] }, { "date": "2026-04-03", "close": 33.609142, "volume": 38188, "typical_volume": 37470.25, "trend": 32.207002, "fair_value": 24.402225, "relative_strength": 6.907199, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.608628, "energy": 13.151216, "activity_lines": [ 32.98955, 33.148304, 33.142447, 32.787308 ] }, { "date": "2026-04-10", "close": 34.722818, "volume": 40767, "typical_volume": 37724.65, "trend": 32.317866, "fair_value": 24.494749, "relative_strength": 5.745663, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.741978, "energy": 28.917428, "activity_lines": [ 33.617097, 33.373626, 33.291596, 32.949619 ] }, { "date": "2026-04-17", "close": 35.060898, "volume": 39921, "typical_volume": 38198.2, "trend": 32.411064, "fair_value": 24.590503, "relative_strength": 0.919866, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.851922, "energy": 47.729258, "activity_lines": [ 34.206417, 33.665249, 33.460818, 33.126589 ] }, { "date": "2026-04-24", "close": 34.255472, "volume": 33122, "typical_volume": 38278.6, "trend": 32.523591, "fair_value": 24.686352, "relative_strength": -3.163097, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.296345, "energy": 48.008911, "activity_lines": [ 34.388715, 33.798335, 33.545446, 33.245583 ] }, { "date": "2026-05-01", "close": 33.310836, "volume": 50137, "typical_volume": 36962.3, "trend": 32.639345, "fair_value": 24.796395, "relative_strength": -6.9634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.647167, "energy": 41.638723, "activity_lines": [ 34.120903, 33.756291, 33.53746, 33.296373 ] }, { "date": "2026-05-08", "close": 36.612089, "volume": 67638, "typical_volume": 36499.35, "trend": 32.891013, "fair_value": 24.928272, "relative_strength": -2.897865, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.825132, "energy": 55.326913, "activity_lines": [ 34.927655, 34.337611, 33.843765, 33.552679 ] }, { "date": "2026-05-15", "close": 35.060898, "volume": 37931, "typical_volume": 37004.25, "trend": 33.09294, "fair_value": 25.049254, "relative_strength": -6.470037, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.807662, "energy": 38.285119, "activity_lines": [ 35.017146, 34.563902, 33.999547, 33.692671 ] }, { "date": "2026-05-22", "close": 35.15039, "volume": 33055, "typical_volume": 36497.55, "trend": 33.275907, "fair_value": 25.172824, "relative_strength": -7.103197, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.133128, "energy": 37.264168, "activity_lines": [ 35.11393, 34.759157, 34.14845, 33.82541 ] }, { "date": "2026-05-29", "close": 36.482823, "volume": 19421, "typical_volume": 35469.35, "trend": 33.502634, "fair_value": 25.302753, "relative_strength": -6.136452, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.428958, "energy": 59.247678, "activity_lines": [ 35.648892, 35.15726, 34.416141, 34.032308 ] }, { "date": "2026-06-05", "close": 36.204404, "volume": 33132, "typical_volume": 35633.3, "trend": 33.697155, "fair_value": 25.430898, "relative_strength": -2.345027, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.599845, "energy": 50.996304, "activity_lines": [ 35.942558, 35.427362, 34.633685, 34.206616 ] }, { "date": "2026-06-12", "close": 37.48712, "volume": 44156, "typical_volume": 36468.6, "trend": 33.916094, "fair_value": 25.563909, "relative_strength": -1.126033, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.917626, "energy": 62.23376, "activity_lines": [ 36.470891, 35.871025, 34.950193, 34.451129 ] }, { "date": "2026-06-19", "close": 39.14, "volume": 71921, "typical_volume": 38512.05, "trend": 34.14821, "fair_value": 25.707046, "relative_strength": 0.571886, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.226532, "energy": 73.97289, "activity_lines": [ 37.491849, 36.544702, 35.395987, 34.788156 ] }, { "date": "2026-06-26", "close": 40.23, "volume": 153933, "typical_volume": 43598.6, "trend": 34.375721, "fair_value": 25.85952, "relative_strength": 7.938575, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.160279, "energy": 80.916991, "activity_lines": [ 38.604199, 37.336249, 35.925822, 35.180529 ] }, { "date": "2026-07-03", "close": 38.64, "volume": 63262, "typical_volume": 45896.55, "trend": 34.540408, "fair_value": 26.005852, "relative_strength": 2.747083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.576133, "energy": 72.956629, "activity_lines": [ 38.84791, 37.744721, 36.276446, 35.455644 ] }, { "date": "2026-07-10", "close": 38.97, "volume": 60688, "typical_volume": 47828.8, "trend": 34.729849, "fair_value": 26.154007, "relative_strength": 1.683699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.094753, "energy": 70.147799, "activity_lines": [ 39.057808, 38.133474, 36.636735, 35.741424 ] }, { "date": "2026-07-17", "close": 39.14, "volume": 52569, "typical_volume": 49437.0, "trend": 34.833648, "fair_value": 26.304485, "relative_strength": 6.319952, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.594476, "energy": 57.887384, "activity_lines": [ 39.14, 38.450243, 36.992325, 36.02595 ] }, { "date": "2026-07-24", "close": 38.34, "volume": 90851, "typical_volume": 52602.6, "trend": 35.05076, "fair_value": 26.447191, "relative_strength": 5.592318, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.351983, "energy": 40.711977, "activity_lines": [ 38.845333, 38.575595, 37.24057, 36.252166 ] }, { "date": "2026-07-31", "close": 38.99, "volume": 80393, "typical_volume": 55491.75, "trend": 35.235523, "fair_value": 26.594182, "relative_strength": 6.535083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.76307, "energy": 38.238529, "activity_lines": [ 38.820667, 38.759509, 37.522715, 36.506311 ] }, { "date": "2026-08-07", "close": 40.31, "volume": 91201, "typical_volume": 57342.2, "trend": 35.528513, "fair_value": 26.74893, "relative_strength": 4.553281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.700642, "energy": 44.347808, "activity_lines": [ 39.318667, 39.113612, 37.901967, 36.833696 ] } ], "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." } } }