{ "ticker": { "uuid": "d3b20a7d-8c7d-4e1e-93ec-133f9265247a", "symbol": "BBT", "name": "Beacon Financial Corporation", "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": 61.406, "architecture_energy": 47.608, "architecture_maturity": 12.978, "architecture_confidence": 82.816, "architecture_tenure": "New", "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": 28.44, "rotation_up": 57.42, "upward_expansion": 78.88, "deceleration": 53.35, "rotation_down": 14.6, "downward_expansion": 7.88 }, "activity_lines": [ 31.046667, 30.748182, 30.20843, 29.998716 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 31.51, "trend_reference": 29.664106, "distance_from_trend": 0.062227, "trend_direction": "Improving", "fair_value": 24.626309, "distance_from_fair_value": 0.279526, "fair_value_direction": "Improving", "relative_strength": 1.84932, "relative_strength_direction": "Improving", "price_momentum": 0.020342, "excess_performance": -0.105283, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.062227, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.057182, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.279526, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.076838, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.018493, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.046752, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.020342, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.210549, "read": "Demand-led" } ], "volume": { "latest": 3513690, "relative_activity": 0.919611, "balance": 1.210549, "dry_up": 1.025257, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.048416, "annualized_volatility": 0.257935, "from_high_reference": -0.029025, "from_low_reference": 0.429606 }, "levels": { "trend_reference": 29.664106, "fair_value_reference": 24.626309, "structural_low": 27.380984, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": 0.016099, "positive_rate": 0.521739, "directional_follow_through": 0.521739, "median_excess_return": -0.01031, "regime_survival": 0.695652, "best_return": 0.163938, "worst_return": -0.133854, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.039752, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.015032, "regime_survival": 0.333333, "best_return": 0.082812, "worst_return": -0.141154, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.016936, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.005256, "regime_survival": 0.166667, "best_return": 0.147598, "worst_return": -0.31332, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.042522, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.143341, "regime_survival": 0.5, "best_return": 0.173296, "worst_return": -0.267097, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-26", "end": "2024-07-12", "tenure": "Developing", "return": 0.105167, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-07-19", "end": "2024-07-26", "tenure": "New", "return": 0.025604, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-02", "end": "2024-12-27", "tenure": "Established", "return": 0.104285, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-03-14", "tenure": "Developing", "return": -0.062887, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.098775, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-07-04", "tenure": "Established", "return": 0.188723, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-11", "end": "2025-10-10", "tenure": "Established", "return": -0.084809, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-17", "end": "2025-11-07", "tenure": "New", "return": 0.124467, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2025-12-12", "tenure": "Developing", "return": 0.069225, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-03-20", "tenure": "Established", "return": 0.058281, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.087863, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-17", "end": "2026-05-15", "tenure": "Developing", "return": -0.133854, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-07-10", "tenure": "Developing", "return": 0.048992, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.024715, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 20.01089, "volume": 984797, "typical_volume": 1186737.8, "trend": 21.510466, "fair_value": 21.672486, "relative_strength": -21.806402, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.339633, "energy": 12.867186, "activity_lines": [ 20.382435, 20.08646, 19.79484, 20.254441 ] }, { "date": "2023-08-25", "close": 19.016276, "volume": 996890, "typical_volume": 1169508.65, "trend": 21.245565, "fair_value": 21.743813, "relative_strength": -25.774805, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.234693, "energy": 12.838892, "activity_lines": [ 19.942219, 19.932597, 19.730731, 20.093525 ] }, { "date": "2023-09-01", "close": 19.874016, "volume": 915924, "typical_volume": 1165567.3, "trend": 20.974469, "fair_value": 21.81918, "relative_strength": -23.848548, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.210508, "energy": 15.139131, "activity_lines": [ 19.834786, 19.959974, 19.760593, 20.005038 ] }, { "date": "2023-09-08", "close": 18.432283, "volume": 790584, "typical_volume": 1119680.7, "trend": 20.674344, "fair_value": 21.885738, "relative_strength": -27.927739, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.625475, "energy": 34.159577, "activity_lines": [ 19.296797, 19.703155, 19.657456, 19.841026 ] }, { "date": "2023-09-15", "close": 18.368409, "volume": 1954720, "typical_volume": 1137472.45, "trend": 20.380168, "fair_value": 21.948266, "relative_strength": -27.419417, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.10403, "energy": 52.665805, "activity_lines": [ 18.882444, 19.440682, 19.554283, 19.692256 ] }, { "date": "2023-09-22", "close": 17.948664, "volume": 947454, "typical_volume": 1094509.7, "trend": 20.100112, "fair_value": 22.01184, "relative_strength": -26.252868, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.446149, "energy": 67.328553, "activity_lines": [ 18.485208, 19.112961, 19.414537, 19.535385 ] }, { "date": "2023-09-29", "close": 18.29541, "volume": 1073676, "typical_volume": 1090545.55, "trend": 19.852549, "fair_value": 22.070853, "relative_strength": -23.63467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.350344, "energy": 67.532541, "activity_lines": [ 18.341034, 18.888049, 19.307749, 19.418952 ] }, { "date": "2023-10-06", "close": 18.587406, "volume": 1079724, "typical_volume": 1083776.45, "trend": 19.707428, "fair_value": 22.129932, "relative_strength": -22.096968, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.893374, "energy": 59.968351, "activity_lines": [ 18.342251, 18.742117, 19.222737, 19.33733 ] }, { "date": "2023-10-13", "close": 18.404908, "volume": 695658, "typical_volume": 1044553.0, "trend": 19.590615, "fair_value": 22.187732, "relative_strength": -22.464131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.941175, "energy": 49.626671, "activity_lines": [ 18.368409, 18.600038, 19.120176, 19.253297 ] }, { "date": "2023-10-20", "close": 17.045299, "volume": 1076094, "typical_volume": 1035509.1, "trend": 19.408147, "fair_value": 22.23151, "relative_strength": -25.716478, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.048133, "energy": 56.985024, "activity_lines": [ 17.943189, 18.250781, 18.893396, 19.089083 ] }, { "date": "2023-10-27", "close": 17.647542, "volume": 1203910, "typical_volume": 1041476.25, "trend": 19.246949, "fair_value": 22.273349, "relative_strength": -20.427067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.051985, "energy": 51.536809, "activity_lines": [ 17.806923, 18.077905, 18.739249, 18.975495 ] }, { "date": "2023-11-03", "close": 19.381272, "volume": 737820, "typical_volume": 1005780.6, "trend": 19.17315, "fair_value": 22.327505, "relative_strength": -16.739013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.918238, "energy": 25.761957, "activity_lines": [ 18.268643, 18.263224, 18.764868, 18.984161 ] }, { "date": "2023-11-10", "close": 18.541782, "volume": 969434, "typical_volume": 1013256.75, "trend": 19.098582, "fair_value": 22.360907, "relative_strength": -20.63604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.402445, "energy": 24.797284, "activity_lines": [ 18.378142, 18.289271, 18.71542, 18.943428 ] }, { "date": "2023-11-17", "close": 19.800712, "volume": 979477, "typical_volume": 1010540.85, "trend": 19.101865, "fair_value": 22.394665, "relative_strength": -16.391819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.418728, "energy": 13.487547, "activity_lines": [ 18.910326, 18.568437, 18.786436, 18.988727 ] }, { "date": "2023-11-24", "close": 19.432669, "volume": 466459, "typical_volume": 995508.5, "trend": 19.113516, "fair_value": 22.422781, "relative_strength": -17.925114, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.872469, "energy": 17.697073, "activity_lines": [ 19.226775, 18.755806, 18.817445, 19.010069 ] }, { "date": "2023-12-01", "close": 20.223962, "volume": 842965, "typical_volume": 982874.35, "trend": 19.189824, "fair_value": 22.451155, "relative_strength": -14.459678, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.74359, "energy": 28.361571, "activity_lines": [ 19.647831, 19.067696, 18.921647, 19.081711 ] }, { "date": "2023-12-08", "close": 21.23608, "volume": 784921, "typical_volume": 959926.05, "trend": 19.330074, "fair_value": 22.486016, "relative_strength": -9.579577, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.417245, "energy": 55.082644, "activity_lines": [ 20.234497, 19.522239, 19.12182, 19.213727 ] }, { "date": "2023-12-15", "close": 22.86467, "volume": 1957195, "typical_volume": 1001112.9, "trend": 19.473832, "fair_value": 22.540396, "relative_strength": -4.251825, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.91325, "energy": 72.805254, "activity_lines": [ 21.240374, 20.219422, 19.469874, 19.441766 ] }, { "date": "2023-12-22", "close": 23.030289, "volume": 829610, "typical_volume": 1001859.95, "trend": 19.591135, "fair_value": 22.590992, "relative_strength": -3.661059, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.816284, "energy": 86.732356, "activity_lines": [ 22.013264, 20.868949, 19.823033, 19.671214 ] }, { "date": "2023-12-29", "close": 22.846268, "volume": 535332, "typical_volume": 991132.2, "trend": 19.677568, "fair_value": 22.643161, "relative_strength": -3.932335, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.223551, "energy": 85.754515, "activity_lines": [ 22.509509, 21.40092, 20.147124, 19.881223 ] }, { "date": "2024-01-05", "close": 22.34941, "volume": 713996, "typical_volume": 977592.15, "trend": 19.731753, "fair_value": 22.679865, "relative_strength": -3.645362, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.668724, "energy": 81.011662, "activity_lines": [ 22.612561, 21.737081, 20.413788, 20.0536 ] }, { "date": "2024-01-12", "close": 21.953764, "volume": 797772, "typical_volume": 967636.25, "trend": 19.783307, "fair_value": 22.715519, "relative_strength": -6.220412, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.582013, "energy": 65.455451, "activity_lines": [ 22.442034, 21.915818, 20.631635, 20.196955 ] }, { "date": "2024-01-19", "close": 21.714536, "volume": 750875, "typical_volume": 959383.8, "trend": 19.885108, "fair_value": 22.748648, "relative_strength": -7.621044, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.968029, "energy": 48.669388, "activity_lines": [ 22.143919, 22.004286, 20.812711, 20.321551 ] }, { "date": "2024-01-26", "close": 22.625442, "volume": 1758724, "typical_volume": 1007790.8, "trend": 20.013953, "fair_value": 22.802376, "relative_strength": -3.930655, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.422992, "energy": 46.197038, "activity_lines": [ 22.226116, 22.200687, 21.071775, 20.498347 ] }, { "date": "2024-02-02", "close": 21.226879, "volume": 1466539, "typical_volume": 983381.75, "trend": 20.08894, "fair_value": 22.834362, "relative_strength": -10.204429, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.161125, "energy": 30.206472, "activity_lines": [ 21.869114, 22.091445, 21.177675, 20.5766 ] }, { "date": "2024-02-09", "close": 20.923243, "volume": 962636, "typical_volume": 984140.85, "trend": 20.115194, "fair_value": 22.862639, "relative_strength": -11.757397, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.427159, "energy": 21.952547, "activity_lines": [ 21.51886, 21.894375, 21.241046, 20.630426 ] }, { "date": "2024-02-16", "close": 20.582804, "volume": 1190363, "typical_volume": 989975.2, "trend": 20.143976, "fair_value": 22.884273, "relative_strength": -11.947802, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.473115, "energy": 20.012801, "activity_lines": [ 21.150203, 21.622692, 21.25783, 20.660594 ] }, { "date": "2024-02-23", "close": 20.279168, "volume": 1176014, "typical_volume": 994789.7, "trend": 20.132471, "fair_value": 22.903245, "relative_strength": -13.693827, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.754569, "energy": 20.084116, "activity_lines": [ 20.771732, 21.307681, 21.234803, 20.669316 ] }, { "date": "2024-03-01", "close": 19.773109, "volume": 1531888, "typical_volume": 1036601.2, "trend": 20.104701, "fair_value": 22.9084, "relative_strength": -15.755557, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.269, "energy": 20.468101, "activity_lines": [ 20.320266, 20.947668, 21.155525, 20.646132 ] }, { "date": "2024-03-08", "close": 20.702418, "volume": 1342050, "typical_volume": 1049899.0, "trend": 20.103986, "fair_value": 22.906845, "relative_strength": -10.855987, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.208003, "energy": 18.158483, "activity_lines": [ 20.368725, 20.815842, 21.158236, 20.684694 ] }, { "date": "2024-03-15", "close": 20.187157, "volume": 1364995, "typical_volume": 1057953.25, "trend": 20.109862, "fair_value": 22.907109, "relative_strength": -12.380465, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.576646, "energy": 17.324883, "activity_lines": [ 20.280395, 20.629311, 21.094461, 20.69006 ] }, { "date": "2024-03-22", "close": 20.546224, "volume": 947291, "typical_volume": 1068426.8, "trend": 20.16086, "fair_value": 22.912411, "relative_strength": -12.083997, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.180707, "energy": 16.641449, "activity_lines": [ 20.360826, 20.547378, 21.052789, 20.718212 ] }, { "date": "2024-03-29", "close": 21.260472, "volume": 745944, "typical_volume": 1057252.3, "trend": 20.207075, "fair_value": 22.924672, "relative_strength": -8.761404, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.27073, "energy": 12.174838, "activity_lines": [ 20.681778, 20.620901, 21.073593, 20.789155 ] }, { "date": "2024-04-05", "close": 20.416361, "volume": 1256813, "typical_volume": 1071119.1, "trend": 20.273211, "fair_value": 22.931023, "relative_strength": -11.0559, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.618496, "energy": 9.410744, "activity_lines": [ 20.65594, 20.549205, 21.001059, 20.802657 ] }, { "date": "2024-04-12", "close": 19.396006, "volume": 993429, "typical_volume": 1097467.6, "trend": 20.307464, "fair_value": 22.931665, "relative_strength": -13.754943, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.748866, "energy": 15.599769, "activity_lines": [ 20.2471, 20.332154, 20.828417, 20.746064 ] }, { "date": "2024-04-19", "close": 20.138082, "volume": 1170852, "typical_volume": 1113861.95, "trend": 20.380445, "fair_value": 22.934904, "relative_strength": -7.30107, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.862367, "energy": 15.501409, "activity_lines": [ 20.172712, 20.283315, 20.726624, 20.735136 ] }, { "date": "2024-04-26", "close": 20.499844, "volume": 1137034, "typical_volume": 1131467.6, "trend": 20.453926, "fair_value": 22.943452, "relative_strength": -7.816831, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.616928, "energy": 19.502204, "activity_lines": [ 20.222184, 20.314527, 20.659693, 20.742839 ] }, { "date": "2024-05-03", "close": 20.741019, "volume": 1068286, "typical_volume": 1087022.15, "trend": 20.525713, "fair_value": 22.938818, "relative_strength": -7.140906, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.866874, "energy": 15.022202, "activity_lines": [ 20.355139, 20.391097, 20.619237, 20.761361 ] }, { "date": "2024-05-10", "close": 21.483095, "volume": 938495, "typical_volume": 1092466.4, "trend": 20.628319, "fair_value": 22.930192, "relative_strength": -5.551854, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.30236, "energy": 10.09824, "activity_lines": [ 20.770084, 20.594192, 20.659567, 20.823128 ] }, { "date": "2024-05-17", "close": 21.761373, "volume": 941813, "typical_volume": 1112790.45, "trend": 20.785522, "fair_value": 22.918921, "relative_strength": -5.72399, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 29.121319, "energy": 25.822929, "activity_lines": [ 21.206671, 20.816793, 20.733768, 20.896228 ] }, { "date": "2024-05-24", "close": 20.750295, "volume": 870314, "typical_volume": 1120606.35, "trend": 20.888947, "fair_value": 22.89829, "relative_strength": -9.786719, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.276068, "energy": 20.168763, "activity_lines": [ 21.148542, 20.836308, 20.716842, 20.893955 ] }, { "date": "2024-05-31", "close": 20.620432, "volume": 931098, "typical_volume": 1127272.65, "trend": 20.930252, "fair_value": 22.874612, "relative_strength": -9.642712, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.72374, "energy": 12.667669, "activity_lines": [ 21.006311, 20.821973, 20.695162, 20.876632 ] }, { "date": "2024-06-07", "close": 20.082427, "volume": 1019852, "typical_volume": 1140721.5, "trend": 20.981607, "fair_value": 22.849035, "relative_strength": -12.655736, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.248441, "energy": 15.400634, "activity_lines": [ 20.676706, 20.708469, 20.628594, 20.821933 ] }, { "date": "2024-06-14", "close": 19.451662, "volume": 1619027, "typical_volume": 1133736.65, "trend": 20.969972, "fair_value": 22.824232, "relative_strength": -16.351303, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.521878, "energy": 41.356537, "activity_lines": [ 20.180752, 20.5017, 20.509724, 20.723227 ] }, { "date": "2024-06-21", "close": 19.858865, "volume": 1285635, "typical_volume": 1124691.45, "trend": 20.984179, "fair_value": 22.797166, "relative_strength": -14.871029, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.219583, "energy": 50.617984, "activity_lines": [ 19.955961, 20.386507, 20.444749, 20.651543 ] }, { "date": "2024-06-28", "close": 21.327467, "volume": 1555404, "typical_volume": 1154329.85, "trend": 21.020962, "fair_value": 22.778778, "relative_strength": -8.373562, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -24.244211, "energy": 21.507361, "activity_lines": [ 20.347538, 20.529918, 20.526155, 20.67369 ] }, { "date": "2024-07-05", "close": 20.644614, "volume": 670645, "typical_volume": 1128343.95, "trend": 21.001246, "fair_value": 22.758458, "relative_strength": -12.712109, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.805988, "energy": 21.369633, "activity_lines": [ 20.473019, 20.527548, 20.540603, 20.64941 ] }, { "date": "2024-07-12", "close": 22.655757, "volume": 1013304, "typical_volume": 1120208.45, "trend": 20.994283, "fair_value": 22.754702, "relative_strength": -4.909914, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 32.224328, "energy": 26.59926, "activity_lines": [ 21.267269, 20.888208, 20.746294, 20.756152 ] }, { "date": "2024-07-19", "close": 25.574252, "volume": 2238442, "typical_volume": 1155536.15, "trend": 21.079081, "fair_value": 22.766761, "relative_strength": 9.373512, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 60.358666, "energy": 73.525219, "activity_lines": [ 22.862795, 21.744691, 21.218619, 21.051634 ] }, { "date": "2024-07-26", "close": 26.229043, "volume": 2044690, "typical_volume": 1190668.15, "trend": 21.191841, "fair_value": 22.78452, "relative_strength": 12.988695, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 89.135339, "energy": 93.273236, "activity_lines": [ 24.268413, 22.645841, 21.725681, 21.38389 ] }, { "date": "2024-08-02", "close": 24.274025, "volume": 1445263, "typical_volume": 1194681.55, "trend": 21.255994, "fair_value": 22.780959, "relative_strength": 6.889972, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.063562, "energy": 85.118254, "activity_lines": [ 24.597679, 23.110304, 22.020234, 21.582741 ] }, { "date": "2024-08-09", "close": 23.684714, "volume": 1676689, "typical_volume": 1231151.45, "trend": 21.313693, "fair_value": 22.783354, "relative_strength": 4.405459, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.180808, "energy": 81.66526, "activity_lines": [ 24.534071, 23.403551, 22.2392, 21.739432 ] }, { "date": "2024-08-16", "close": 24.835274, "volume": 1073856, "typical_volume": 1247547.05, "trend": 21.417717, "fair_value": 22.799352, "relative_strength": 5.346737, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.815521, "energy": 68.270761, "activity_lines": [ 24.651309, 23.850277, 22.552799, 21.966631 ] }, { "date": "2024-08-23", "close": 25.939064, "volume": 831438, "typical_volume": 1226278.3, "trend": 21.528171, "fair_value": 22.823041, "relative_strength": 8.384727, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.15489, "energy": 57.549519, "activity_lines": [ 24.991177, 24.411276, 22.954497, 22.258331 ] }, { "date": "2024-08-30", "close": 25.761336, "volume": 1191400, "typical_volume": 1236176.85, "trend": 21.67932, "fair_value": 22.847099, "relative_strength": 7.295969, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.765005, "energy": 55.750565, "activity_lines": [ 25.247481, 24.822008, 23.312971, 22.531438 ] }, { "date": "2024-09-06", "close": 24.451754, "volume": 965589, "typical_volume": 1225913.7, "trend": 21.796937, "fair_value": 22.868741, "relative_strength": 6.078798, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.116402, "energy": 49.29136, "activity_lines": [ 25.098438, 24.887317, 23.516411, 22.710305 ] }, { "date": "2024-09-13", "close": 24.788504, "volume": 1811801, "typical_volume": 1259652.05, "trend": 21.937127, "fair_value": 22.88958, "relative_strength": 3.292502, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.565509, "energy": 45.284484, "activity_lines": [ 25.049796, 24.957048, 23.731381, 22.903309 ] }, { "date": "2024-09-20", "close": 25.723919, "volume": 2852959, "typical_volume": 1348885.7, "trend": 22.118619, "fair_value": 22.907364, "relative_strength": 5.546315, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.567179, "energy": 44.091995, "activity_lines": [ 25.239374, 25.121512, 24.015016, 23.147618 ] }, { "date": "2024-09-27", "close": 25.003649, "volume": 1272091, "typical_volume": 1365565.5, "trend": 22.29297, "fair_value": 22.91634, "relative_strength": 1.995827, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.218137, "energy": 35.560833, "activity_lines": [ 25.129618, 25.099232, 24.206326, 23.333749 ] }, { "date": "2024-10-04", "close": 24.794106, "volume": 876272, "typical_volume": 1362288.45, "trend": 22.42936, "fair_value": 22.923191, "relative_strength": 0.90108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.180331, "energy": 29.248763, "activity_lines": [ 25.012376, 25.049228, 24.360915, 23.495113 ] }, { "date": "2024-10-11", "close": 25.575691, "volume": 958253, "typical_volume": 1366685.4, "trend": 22.608978, "fair_value": 22.936114, "relative_strength": 2.855211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.650041, "energy": 35.817635, "activity_lines": [ 25.220145, 25.16742, 24.575499, 23.698102 ] }, { "date": "2024-10-18", "close": 26.404358, "volume": 1182843, "typical_volume": 1379272.65, "trend": 22.804249, "fair_value": 22.946918, "relative_strength": 5.082304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.146863, "energy": 42.663841, "activity_lines": [ 25.629206, 25.412612, 24.846026, 23.942965 ] }, { "date": "2024-10-25", "close": 25.40619, "volume": 1100529, "typical_volume": 1383306.5, "trend": 22.942439, "fair_value": 22.958084, "relative_strength": 2.06427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.466314, "energy": 38.283501, "activity_lines": [ 25.597821, 25.426871, 24.993947, 24.110832 ] }, { "date": "2024-11-01", "close": 25.726357, "volume": 1061858, "typical_volume": 1355448.05, "trend": 23.119439, "fair_value": 22.963424, "relative_strength": 4.804897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.945692, "energy": 46.347424, "activity_lines": [ 25.69434, 25.488962, 25.147008, 24.29044 ] }, { "date": "2024-11-08", "close": 28.259443, "volume": 2064854, "typical_volume": 1394409.0, "trend": 23.414887, "fair_value": 22.98982, "relative_strength": 9.673979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.6083, "energy": 66.244063, "activity_lines": [ 26.587041, 26.015481, 25.511436, 24.622053 ] }, { "date": "2024-11-15", "close": 28.983975, "volume": 1170281, "typical_volume": 1375152.85, "trend": 23.70975, "fair_value": 23.017101, "relative_strength": 14.620903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.201336, "energy": 75.999412, "activity_lines": [ 27.49023, 26.628313, 25.904865, 24.981349 ] }, { "date": "2024-11-22", "close": 29.571232, "volume": 836646, "typical_volume": 1383452.9, "trend": 24.01213, "fair_value": 23.050391, "relative_strength": 14.699802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.296346, "energy": 86.319433, "activity_lines": [ 28.361953, 27.265516, 26.317763, 25.359509 ] }, { "date": "2024-11-29", "close": 28.870312, "volume": 1121625, "typical_volume": 1388868.95, "trend": 24.283106, "fair_value": 23.082555, "relative_strength": 10.512476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.610706, "energy": 81.800207, "activity_lines": [ 28.78891, 27.688319, 26.621399, 25.67294 ] }, { "date": "2024-12-06", "close": 29.126053, "volume": 1184615, "typical_volume": 1336177.6, "trend": 24.537871, "fair_value": 23.114113, "relative_strength": 10.470294, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.484304, "energy": 80.967697, "activity_lines": [ 29.070173, 28.100414, 26.919799, 25.985389 ] }, { "date": "2024-12-13", "close": 28.605099, "volume": 1068523, "typical_volume": 1287369.25, "trend": 24.765996, "fair_value": 23.141098, "relative_strength": 9.229721, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.982639, "energy": 64.037208, "activity_lines": [ 28.951139, 28.342837, 27.15167, 26.24779 ] }, { "date": "2024-12-20", "close": 27.070654, "volume": 7026805, "typical_volume": 1566446.35, "trend": 24.976674, "fair_value": 23.155441, "relative_strength": 5.465007, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.279562, "energy": 42.124635, "activity_lines": [ 28.297579, 28.23698, 27.226089, 26.396478 ] }, { "date": "2024-12-27", "close": 26.805441, "volume": 1179358, "typical_volume": 1541579.8, "trend": 25.182841, "fair_value": 23.167747, "relative_strength": 3.921435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.624284, "energy": 26.119258, "activity_lines": [ 27.683169, 28.05572, 27.261933, 26.514463 ] }, { "date": "2025-01-03", "close": 26.729666, "volume": 1231491, "typical_volume": 1549461.55, "trend": 25.404416, "fair_value": 23.167897, "relative_strength": 4.312365, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.372679, "energy": 23.340061, "activity_lines": [ 27.227887, 27.853391, 27.275699, 26.614258 ] }, { "date": "2025-01-10", "close": 25.820365, "volume": 1657657, "typical_volume": 1590772.5, "trend": 25.616706, "fair_value": 23.157841, "relative_strength": 2.852044, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.751253, "energy": 20.233618, "activity_lines": [ 26.612215, 27.461672, 27.193844, 26.641093 ] }, { "date": "2025-01-17", "close": 26.994879, "volume": 2046174, "typical_volume": 1633511.2, "trend": 25.854573, "fair_value": 23.165077, "relative_strength": 4.474566, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.702621, "energy": 20.329635, "activity_lines": [ 26.608426, 27.281791, 27.224413, 26.730008 ] }, { "date": "2025-01-24", "close": 26.824385, "volume": 1460933, "typical_volume": 1658278.4, "trend": 26.037804, "fair_value": 23.174755, "relative_strength": 2.172052, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.592568, "energy": 14.569933, "activity_lines": [ 26.655154, 27.093903, 27.23287, 26.792576 ] }, { "date": "2025-01-31", "close": 27.85682, "volume": 2573158, "typical_volume": 1696346.25, "trend": 26.278211, "fair_value": 23.182691, "relative_strength": 7.055391, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.881803, "energy": 12.816909, "activity_lines": [ 27.062445, 27.132996, 27.328357, 26.909932 ] }, { "date": "2025-02-07", "close": 28.463021, "volume": 1729489, "typical_volume": 1640172.75, "trend": 26.471786, "fair_value": 23.193106, "relative_strength": 9.328424, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.750552, "energy": 26.738989, "activity_lines": [ 27.601711, 27.313479, 27.466965, 27.050888 ] }, { "date": "2025-02-14", "close": 27.828405, "volume": 1536738, "typical_volume": 1653405.1, "trend": 26.546924, "fair_value": 23.196298, "relative_strength": 5.142863, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.799885, "energy": 29.89779, "activity_lines": [ 27.813881, 27.385982, 27.532091, 27.138412 ] }, { "date": "2025-02-21", "close": 26.745332, "volume": 1631918, "typical_volume": 1691187.4, "trend": 26.564134, "fair_value": 23.194237, "relative_strength": 2.506803, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 28.181831, "energy": 20.548082, "activity_lines": [ 27.531158, 27.285156, 27.480616, 27.151212 ] }, { "date": "2025-02-28", "close": 27.155186, "volume": 2278290, "typical_volume": 1757189.25, "trend": 26.660173, "fair_value": 23.19931, "relative_strength": 4.778361, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.403855, "energy": 17.301822, "activity_lines": [ 27.401689, 27.292663, 27.458883, 27.189344 ] }, { "date": "2025-03-07", "close": 25.239358, "volume": 3135995, "typical_volume": 1854846.85, "trend": 26.711994, "fair_value": 23.193342, "relative_strength": 0.347774, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.06512, "energy": 23.685172, "activity_lines": [ 26.611557, 26.950301, 27.247168, 27.097679 ] }, { "date": "2025-03-14", "close": 25.048729, "volume": 3753838, "typical_volume": 1987512.3, "trend": 26.719109, "fair_value": 23.18587, "relative_strength": 1.706891, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.365183, "energy": 43.380607, "activity_lines": [ 25.93238, 26.601753, 27.022846, 26.990372 ] }, { "date": "2025-03-21", "close": 24.896225, "volume": 3801244, "typical_volume": 2124481.6, "trend": 26.684348, "fair_value": 23.177251, "relative_strength": 0.389834, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.122029, "energy": 62.089674, "activity_lines": [ 25.429988, 26.25604, 26.785703, 26.872766 ] }, { "date": "2025-03-28", "close": 24.924819, "volume": 1717619, "typical_volume": 2107119.85, "trend": 26.656464, "fair_value": 23.174674, "relative_strength": 1.845449, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.607932, "energy": 65.04146, "activity_lines": [ 25.132606, 25.932328, 26.555235, 26.759248 ] }, { "date": "2025-04-04", "close": 22.437103, "volume": 3026067, "typical_volume": 2199909.15, "trend": 26.589309, "fair_value": 23.164319, "relative_strength": 0.622788, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -88.195396, "energy": 85.479063, "activity_lines": [ 24.127352, 25.193942, 26.103721, 26.487031 ] }, { "date": "2025-04-11", "close": 21.827088, "volume": 4103484, "typical_volume": 2363251.05, "trend": 26.490595, "fair_value": 23.146786, "relative_strength": -7.465109, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.853128, "energy": 89.436916, "activity_lines": [ 23.233299, 24.424412, 25.625286, 26.179791 ] }, { "date": "2025-04-18", "close": 22.522886, "volume": 1912928, "typical_volume": 2402816.2, "trend": 26.383894, "fair_value": 23.142445, "relative_strength": -3.21685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.071294, "energy": 87.092746, "activity_lines": [ 22.798664, 23.891023, 25.249995, 25.92381 ] }, { "date": "2025-04-25", "close": 23.523692, "volume": 2807194, "typical_volume": 2483945.15, "trend": 26.334562, "fair_value": 23.15387, "relative_strength": -3.443072, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.600246, "energy": 80.16905, "activity_lines": [ 22.86602, 23.647601, 25.000244, 25.739281 ] }, { "date": "2025-05-02", "close": 24.410119, "volume": 2537216, "typical_volume": 2557379.8, "trend": 26.321763, "fair_value": 23.167316, "relative_strength": -2.738448, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.713353, "energy": 53.542794, "activity_lines": [ 23.320353, 23.643615, 24.861593, 25.615123 ] }, { "date": "2025-05-09", "close": 24.343399, "volume": 2201487, "typical_volume": 2316113.9, "trend": 26.280686, "fair_value": 23.183153, "relative_strength": -2.646086, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.482805, "energy": 37.454648, "activity_lines": [ 23.78676, 23.669957, 24.736563, 25.487487 ] }, { "date": "2025-05-16", "close": 25.456981, "volume": 2883503, "typical_volume": 2401321.15, "trend": 26.249107, "fair_value": 23.203807, "relative_strength": -3.35985, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.174424, "energy": 25.403203, "activity_lines": [ 24.497275, 23.949891, 24.730576, 25.434344 ] }, { "date": "2025-05-23", "close": 23.825738, "volume": 1830541, "typical_volume": 2431273.65, "trend": 26.196425, "fair_value": 23.208061, "relative_strength": -7.253985, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.771263, "energy": 25.345431, "activity_lines": [ 24.422049, 23.929279, 24.575654, 25.277998 ] }, { "date": "2025-05-30", "close": 23.758569, "volume": 1419363, "typical_volume": 2419358.95, "trend": 26.130832, "fair_value": 23.212281, "relative_strength": -9.156649, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.890941, "energy": 21.762918, "activity_lines": [ 24.237577, 23.918691, 24.428162, 25.120717 ] }, { "date": "2025-06-06", "close": 24.027244, "volume": 2311293, "typical_volume": 2432614.9, "trend": 25.989759, "fair_value": 23.225694, "relative_strength": -9.703381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.283126, "energy": 20.775449, "activity_lines": [ 24.127005, 23.977637, 24.316077, 24.985002 ] }, { "date": "2025-06-13", "close": 23.51868, "volume": 1682148, "typical_volume": 2443675.65, "trend": 25.807583, "fair_value": 23.239584, "relative_strength": -11.416799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.146684, "energy": 34.995912, "activity_lines": [ 23.872436, 23.960436, 24.169689, 24.825577 ] }, { "date": "2025-06-20", "close": 22.856588, "volume": 2994749, "typical_volume": 2464755.2, "trend": 25.583761, "fair_value": 23.242663, "relative_strength": -13.82917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.218294, "energy": 41.175911, "activity_lines": [ 23.452151, 23.803191, 23.975986, 24.63519 ] }, { "date": "2025-06-27", "close": 24.056031, "volume": 2576485, "typical_volume": 2507105.0, "trend": 25.423285, "fair_value": 23.254167, "relative_strength": -12.328947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.528326, "energy": 32.66503, "activity_lines": [ 23.60504, 23.845307, 23.920327, 24.536627 ] }, { "date": "2025-07-04", "close": 25.946353, "volume": 1768503, "typical_volume": 2518693.25, "trend": 25.317295, "fair_value": 23.278015, "relative_strength": -7.169248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.367644, "energy": 4.830068, "activity_lines": [ 24.372684, 24.203244, 24.065683, 24.570373 ] }, { "date": "2025-07-11", "close": 25.149923, "volume": 2357547, "typical_volume": 2554974.7, "trend": 25.202123, "fair_value": 23.299191, "relative_strength": -9.746027, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.51184, "energy": 11.435282, "activity_lines": [ 24.728998, 24.372326, 24.144151, 24.559575 ] }, { "date": "2025-07-18", "close": 25.35143, "volume": 2381359, "typical_volume": 2560128.15, "trend": 25.144815, "fair_value": 23.309433, "relative_strength": -9.332882, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.820712, "energy": 19.971268, "activity_lines": [ 25.077637, 24.564595, 24.249408, 24.569208 ] }, { "date": "2025-07-25", "close": 24.631764, "volume": 2391818, "typical_volume": 2522919.3, "trend": 25.072359, "fair_value": 23.307872, "relative_strength": -12.842629, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.422446, "energy": 21.122167, "activity_lines": [ 25.064203, 24.607688, 24.294714, 24.536108 ] }, { "date": "2025-08-01", "close": 23.355556, "volume": 1973233, "typical_volume": 2433889.05, "trend": 24.959889, "fair_value": 23.293433, "relative_strength": -14.998914, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.340025, "energy": 13.841905, "activity_lines": [ 24.507022, 24.433747, 24.22137, 24.425346 ] }, { "date": "2025-08-08", "close": 23.365152, "volume": 2097141, "typical_volume": 2348683.9, "trend": 24.878048, "fair_value": 23.271961, "relative_strength": -16.725754, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.676377, "energy": 23.03121, "activity_lines": [ 23.999737, 24.270099, 24.157003, 24.32246 ] }, { "date": "2025-08-15", "close": 24.40844, "volume": 1976584, "typical_volume": 2361632.15, "trend": 24.791834, "fair_value": 23.260361, "relative_strength": -13.573487, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.36089, "energy": 21.50373, "activity_lines": [ 24.012296, 24.303293, 24.199287, 24.292163 ] }, { "date": "2025-08-22", "close": 25.732255, "volume": 2017945, "typical_volume": 2311226.05, "trend": 24.75543, "fair_value": 23.261906, "relative_strength": -8.876943, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.674888, "energy": 6.504428, "activity_lines": [ 24.515558, 24.57025, 24.370108, 24.352835 ] }, { "date": "2025-08-29", "close": 25.249111, "volume": 4666244, "typical_volume": 2339364.05, "trend": 24.668506, "fair_value": 23.264902, "relative_strength": -10.270781, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.843781, "energy": 21.516726, "activity_lines": [ 24.832384, 24.709116, 24.479224, 24.384686 ] }, { "date": "2025-09-05", "close": 25.925513, "volume": 5755565, "typical_volume": 2531495.9, "trend": 24.583922, "fair_value": 23.26655, "relative_strength": -7.945104, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.530491, "energy": 45.362466, "activity_lines": [ 25.33352, 24.927463, 24.636464, 24.465783 ] }, { "date": "2025-09-12", "close": 24.930236, "volume": 4699796, "typical_volume": 2626126.0, "trend": 24.487317, "fair_value": 23.258635, "relative_strength": -12.588371, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.214152, "energy": 51.701397, "activity_lines": [ 25.331568, 24.930861, 24.682712, 24.488126 ] }, { "date": "2025-09-19", "close": 24.40844, "volume": 5958867, "typical_volume": 2797208.55, "trend": 24.40942, "fair_value": 23.253684, "relative_strength": -15.123026, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.725402, "energy": 36.51636, "activity_lines": [ 25.051344, 24.857861, 24.672568, 24.483037 ] }, { "date": "2025-09-26", "close": 23.374512, "volume": 3383202, "typical_volume": 2856294.3, "trend": 24.283398, "fair_value": 23.248357, "relative_strength": -18.161865, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 11.02681, "energy": 7.309128, "activity_lines": [ 24.426478, 24.610356, 24.563962, 24.416269 ] }, { "date": "2025-10-03", "close": 23.13294, "volume": 4243256, "typical_volume": 2924281.95, "trend": 24.213184, "fair_value": 23.238413, "relative_strength": -19.571289, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -24.549058, "energy": 25.237504, "activity_lines": [ 23.87827, 24.354873, 24.436964, 24.342045 ] }, { "date": "2025-10-10", "close": 23.016985, "volume": 4907550, "typical_volume": 3078132.4, "trend": 24.145459, "fair_value": 23.226816, "relative_strength": -17.643454, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -25.92614, "energy": 32.840944, "activity_lines": [ 23.432489, 24.105558, 24.309989, 24.264871 ] }, { "date": "2025-10-17", "close": 22.669121, "volume": 4988370, "typical_volume": 3256582.75, "trend": 24.071222, "fair_value": 23.211284, "relative_strength": -19.858736, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.757971, "energy": 50.801417, "activity_lines": [ 23.064655, 23.799152, 24.153735, 24.169624 ] }, { "date": "2025-10-24", "close": 23.722375, "volume": 2807329, "typical_volume": 3281384.55, "trend": 24.031141, "fair_value": 23.196991, "relative_strength": -17.377614, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.93679, "energy": 46.310101, "activity_lines": [ 23.198647, 23.696901, 24.102979, 24.147117 ] }, { "date": "2025-10-31", "close": 23.519455, "volume": 4987574, "typical_volume": 3446655.85, "trend": 24.067219, "fair_value": 23.186, "relative_strength": -18.249894, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.503596, "energy": 29.804163, "activity_lines": [ 23.310737, 23.570229, 24.034349, 24.114105 ] }, { "date": "2025-11-07", "close": 25.490683, "volume": 5918468, "typical_volume": 3592841.8, "trend": 24.189339, "fair_value": 23.1748, "relative_strength": -9.528602, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 12.841741, "energy": 7.383959, "activity_lines": [ 24.070239, 23.842195, 24.153451, 24.205942 ] }, { "date": "2025-11-14", "close": 24.728911, "volume": 6165152, "typical_volume": 3772275.15, "trend": 24.262873, "fair_value": 23.160134, "relative_strength": -11.821471, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.567347, "energy": 10.630765, "activity_lines": [ 24.418635, 23.971265, 24.18746, 24.240753 ] }, { "date": "2025-11-21", "close": 24.386541, "volume": 3910733, "typical_volume": 3879386.65, "trend": 24.291635, "fair_value": 23.13767, "relative_strength": -10.795375, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.23958, "energy": 12.855059, "activity_lines": [ 24.538779, 24.059842, 24.185659, 24.248731 ] }, { "date": "2025-11-28", "close": 25.032153, "volume": 2539229, "typical_volume": 3888470.75, "trend": 24.312369, "fair_value": 23.11763, "relative_strength": -11.209345, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.841954, "energy": 20.613214, "activity_lines": [ 24.759632, 24.275689, 24.252772, 24.296507 ] }, { "date": "2025-12-05", "close": 24.611527, "volume": 6193138, "typical_volume": 4079059.7, "trend": 24.321307, "fair_value": 23.101067, "relative_strength": -12.479821, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.845817, "energy": 17.260864, "activity_lines": [ 24.752958, 24.403718, 24.280386, 24.315807 ] }, { "date": "2025-12-12", "close": 26.440762, "volume": 5313924, "typical_volume": 4225165.0, "trend": 24.3541, "fair_value": 23.107323, "relative_strength": -5.026196, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 68.770476, "energy": 48.531336, "activity_lines": [ 25.283225, 24.841844, 24.485736, 24.452546 ] }, { "date": "2025-12-19", "close": 26.900516, "volume": 6607711, "typical_volume": 4456888.9, "trend": 24.456592, "fair_value": 23.110637, "relative_strength": -3.182014, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.431768, "energy": 62.497186, "activity_lines": [ 25.903404, 25.30342, 24.726258, 24.616831 ] }, { "date": "2025-12-26", "close": 26.313596, "volume": 1783554, "typical_volume": 4441209.55, "trend": 24.54176, "fair_value": 23.108359, "relative_strength": -6.29867, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.983476, "energy": 62.667329, "activity_lines": [ 26.183169, 25.587673, 24.894002, 24.736638 ] }, { "date": "2026-01-02", "close": 25.824495, "volume": 2196420, "typical_volume": 4452201.35, "trend": 24.601668, "fair_value": 23.097857, "relative_strength": -6.731675, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.928576, "energy": 61.303508, "activity_lines": [ 26.171431, 25.716735, 25.001125, 24.819395 ] }, { "date": "2026-01-09", "close": 26.665748, "volume": 3068889, "typical_volume": 4504748.55, "trend": 24.70657, "fair_value": 23.092748, "relative_strength": -4.908865, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.01693, "energy": 59.018229, "activity_lines": [ 26.387287, 25.960532, 25.181625, 24.952562 ] }, { "date": "2026-01-16", "close": 26.880952, "volume": 2843997, "typical_volume": 4413636.2, "trend": 24.840716, "fair_value": 23.10234, "relative_strength": -3.49332, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.185846, "energy": 52.16077, "activity_lines": [ 26.53793, 26.186252, 25.378174, 25.092844 ] }, { "date": "2026-01-23", "close": 27.643949, "volume": 3230536, "typical_volume": 4287384.75, "trend": 24.960313, "fair_value": 23.106703, "relative_strength": -0.188252, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.841448, "energy": 52.461914, "activity_lines": [ 26.913559, 26.525421, 25.63962, 25.273698 ] }, { "date": "2026-01-30", "close": 27.731987, "volume": 4407776, "typical_volume": 4272783.75, "trend": 25.019834, "fair_value": 23.104941, "relative_strength": 0.056482, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.155553, "energy": 62.908916, "activity_lines": [ 27.268972, 26.827596, 25.901266, 25.452516 ] }, { "date": "2026-02-06", "close": 30.881793, "volume": 5956222, "typical_volume": 4272651.5, "trend": 25.210897, "fair_value": 23.127029, "relative_strength": 11.811381, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.06171, "energy": 85.839773, "activity_lines": [ 28.579761, 27.641637, 26.449553, 25.830707 ] }, { "date": "2026-02-13", "close": 30.326664, "volume": 3425924, "typical_volume": 4274787.6, "trend": 25.376738, "fair_value": 23.147112, "relative_strength": 11.320714, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.810019, "energy": 86.555307, "activity_lines": [ 29.368354, 28.248388, 26.914145, 26.160756 ] }, { "date": "2026-02-20", "close": 31.413995, "volume": 2837367, "typical_volume": 4204493.15, "trend": 25.602812, "fair_value": 23.179571, "relative_strength": 14.002056, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.477491, "energy": 91.446077, "activity_lines": [ 30.275329, 28.948924, 27.449187, 26.550257 ] }, { "date": "2026-02-27", "close": 29.39749, "volume": 5207187, "typical_volume": 4219475.0, "trend": 25.80421, "fair_value": 23.20313, "relative_strength": 7.393905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.56998, "energy": 80.589384, "activity_lines": [ 30.207933, 29.1924, 27.752747, 26.795074 ] }, { "date": "2026-03-06", "close": 28.646242, "volume": 3784860, "typical_volume": 4159299.5, "trend": 25.980246, "fair_value": 23.239702, "relative_strength": 6.856997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.227883, "energy": 52.542943, "activity_lines": [ 29.773218, 29.253887, 27.954376, 26.978431 ] }, { "date": "2026-03-13", "close": 28.329928, "volume": 4526059, "typical_volume": 4245236.0, "trend": 26.110963, "fair_value": 23.28086, "relative_strength": 7.403727, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.436483, "energy": 37.412658, "activity_lines": [ 29.172115, 29.21545, 28.097417, 27.130024 ] }, { "date": "2026-03-20", "close": 28.468315, "volume": 5063524, "typical_volume": 4249033.5, "trend": 26.202164, "fair_value": 23.318994, "relative_strength": 9.947033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.903023, "energy": 24.017049, "activity_lines": [ 28.787266, 29.156621, 28.231698, 27.282111 ] }, { "date": "2026-03-27", "close": 28.913133, "volume": 3903644, "typical_volume": 4148292.3, "trend": 26.324299, "fair_value": 23.36021, "relative_strength": 14.202434, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.092082, "energy": 21.745355, "activity_lines": [ 28.674579, 29.145894, 28.384776, 27.457012 ] }, { "date": "2026-04-03", "close": 29.901616, "volume": 3568336, "typical_volume": 4018451.5, "trend": 26.456835, "fair_value": 23.413456, "relative_strength": 14.154361, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.854183, "energy": 26.168788, "activity_lines": [ 29.05811, 29.277942, 28.615698, 27.687807 ] }, { "date": "2026-04-10", "close": 31.453535, "volume": 3459983, "typical_volume": 3995914.0, "trend": 26.674279, "fair_value": 23.481884, "relative_strength": 15.627769, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.26582, "energy": 43.871083, "activity_lines": [ 29.92534, 29.651109, 28.96979, 28.010175 ] }, { "date": "2026-04-17", "close": 31.957661, "volume": 3134035, "typical_volume": 4025654.3, "trend": 26.925919, "fair_value": 23.560444, "relative_strength": 12.31243, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.76665, "energy": 59.198445, "activity_lines": [ 30.773458, 30.048271, 29.338241, 28.351038 ] }, { "date": "2026-04-24", "close": 30.919754, "volume": 3013141, "typical_volume": 3866654.45, "trend": 27.177427, "fair_value": 23.63632, "relative_strength": 8.081339, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.508806, "energy": 62.782702, "activity_lines": [ 31.033759, 30.237161, 29.574866, 28.608705 ] }, { "date": "2026-05-01", "close": 28.379352, "volume": 5555076, "typical_volume": 3878712.05, "trend": 27.352308, "fair_value": 23.703273, "relative_strength": -1.524702, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.714473, "energy": 35.950696, "activity_lines": [ 30.28383, 29.953377, 29.539509, 28.686248 ] }, { "date": "2026-05-08", "close": 28.596818, "volume": 3848944, "typical_volume": 3740773.7, "trend": 27.538302, "fair_value": 23.777428, "relative_strength": -2.825834, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.297326, "energy": 20.503214, "activity_lines": [ 29.641974, 29.764307, 29.515631, 28.766539 ] }, { "date": "2026-05-15", "close": 27.68, "volume": 3599176, "typical_volume": 3831554.8, "trend": 27.705332, "fair_value": 23.835941, "relative_strength": -5.871409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 8.520656, "energy": 14.410094, "activity_lines": [ 28.7815, 29.4231, 29.396359, 28.775681 ] }, { "date": "2026-05-22", "close": 28.78, "volume": 2831351, "typical_volume": 3863301.35, "trend": 27.873919, "fair_value": 23.895357, "relative_strength": -2.83831, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.440438, "energy": 19.16438, "activity_lines": [ 28.539261, 29.299462, 29.375343, 28.845014 ] }, { "date": "2026-05-29", "close": 29.09, "volume": 2467358, "typical_volume": 3833224.8, "trend": 28.059604, "fair_value": 23.952002, "relative_strength": -3.090258, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.919952, "energy": 16.089455, "activity_lines": [ 28.612199, 29.224004, 29.369776, 28.923471 ] }, { "date": "2026-06-05", "close": 28.83, "volume": 4082499, "typical_volume": 3895149.9, "trend": 28.170914, "fair_value": 24.003965, "relative_strength": -1.420934, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.820936, "energy": 13.265157, "activity_lines": [ 28.720455, 29.08997, 29.327904, 28.973174 ] }, { "date": "2026-06-12", "close": 30.45, "volume": 2951427, "typical_volume": 3881194.45, "trend": 28.361617, "fair_value": 24.068342, "relative_strength": 3.468359, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.872246, "energy": 19.984713, "activity_lines": [ 29.338667, 29.251993, 29.431036, 29.120212 ] }, { "date": "2026-06-19", "close": 29.6, "volume": 3963908, "typical_volume": 3859001.05, "trend": 28.535399, "fair_value": 24.138467, "relative_strength": -0.382323, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.933144, "energy": 19.623792, "activity_lines": [ 29.55, 29.2495, 29.439854, 29.200108 ] }, { "date": "2026-06-26", "close": 31.33, "volume": 8352162, "typical_volume": 3978798.05, "trend": 28.745328, "fair_value": 24.219044, "relative_strength": 7.828842, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.380704, "energy": 37.086997, "activity_lines": [ 30.21, 29.595253, 29.604538, 29.380405 ] }, { "date": "2026-07-03", "close": 30.22, "volume": 2690838, "typical_volume": 3942043.75, "trend": 28.932277, "fair_value": 24.291112, "relative_strength": 1.871025, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.951046, "energy": 40.476478, "activity_lines": [ 30.33, 29.7506, 29.661374, 29.475545 ] }, { "date": "2026-07-10", "close": 30.19, "volume": 3325595, "typical_volume": 3966455.15, "trend": 29.057251, "fair_value": 24.355563, "relative_strength": 0.437025, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.500392, "energy": 44.425653, "activity_lines": [ 30.364667, 29.913215, 29.715861, 29.556688 ] }, { "date": "2026-07-17", "close": 30.75, "volume": 3421776, "typical_volume": 3877184.6, "trend": 29.185567, "fair_value": 24.426273, "relative_strength": 3.878336, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.002722, "energy": 48.124193, "activity_lines": [ 30.495333, 30.144727, 29.829509, 29.665898 ] }, { "date": "2026-07-24", "close": 30.14, "volume": 3337290, "typical_volume": 3854806.1, "trend": 29.313114, "fair_value": 24.487271, "relative_strength": 2.33447, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.486209, "energy": 27.118851, "activity_lines": [ 30.402667, 30.226182, 29.878622, 29.727474 ] }, { "date": "2026-07-31", "close": 31.51, "volume": 5396618, "typical_volume": 3898334.05, "trend": 29.502631, "fair_value": 24.557167, "relative_strength": 5.612025, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.92932, "energy": 40.237693, "activity_lines": [ 30.730667, 30.512, 30.051097, 29.869209 ] }, { "date": "2026-08-07", "close": 31.51, "volume": 3513690, "typical_volume": 3820842.35, "trend": 29.664106, "fair_value": 24.626309, "relative_strength": 1.84932, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.40636, "energy": 47.608444, "activity_lines": [ 31.046667, 30.748182, 30.20843, 29.998716 ] } ], "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." } } }