{ "ticker": { "uuid": "0094da53-29a5-44f2-86bc-43383b36e578", "symbol": "KRN", "name": "KRN HEAT EXCHANGE N REF L", "exchange": "NSI", "country": "IN", "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": "^NSEI", "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": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 40.339, "architecture_energy": 26.583, "architecture_maturity": 48.604, "architecture_confidence": 78.793, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 33.75, "rotation_up": 37.66, "upward_expansion": 64.16, "deceleration": 81.16, "rotation_down": 25.12, "downward_expansion": 14.16 }, "activity_lines": [ 1211.626684, 1217.230924, 1206.098577, 1148.701076 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 1208.400024, "trend_reference": 1044.378328, "distance_from_trend": 0.157052, "trend_direction": "Improving", "fair_value": 863.487525, "distance_from_fair_value": 0.399441, "fair_value_direction": "Weakening", "relative_strength": 27.425079, "relative_strength_direction": "Weakening", "price_momentum": 0.795409, "excess_performance": 0.839118, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.157052, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.164455, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.399441, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.203113, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.274251, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.299532, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.795409, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.253215, "read": "Supply-led" } ], "volume": { "latest": 224318, "relative_activity": 0.108087, "balance": 0.253215, "dry_up": 0.178816, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.084594, "annualized_volatility": 0.600763, "from_high_reference": -0.139929, "from_low_reference": 1.04883 }, "levels": { "trend_reference": 1044.378328, "fair_value_reference": 863.487525, "structural_low": 688.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 4, "median_return": -0.017203, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.034035, "regime_survival": 1.0, "best_return": 0.341311, "worst_return": -0.064144, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.26982, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.263321, "regime_survival": 1.0, "best_return": 0.26982, "worst_return": 0.26982, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-10", "end": "2026-06-05", "tenure": "Developing", "return": 0.255274, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-06-19", "tenure": "New", "return": -0.020615, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.01461, "active": true } ], "chart_path": [ { "date": "2024-10-04", "close": 452.209991, "volume": 39339779, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 487.630005, "volume": 17371817, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 462.140015, "volume": 6786026, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 428.160004, "volume": 2528344, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 467.850006, "volume": 2807091, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 588.049988, "volume": 21545640, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 652.200012, "volume": 12950573, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 790.5, "volume": 16276845, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 782.25, "volume": 6974369, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 847.599976, "volume": 7896106, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 783.599976, "volume": 2144640, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 703.450012, "volume": 2120296, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 731.75, "volume": 2232663, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 795.5, "volume": 5328174, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 706.950012, "volume": 2621327, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 753.450012, "volume": 3260826, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 809.599976, "volume": 10970775, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 794.200012, "volume": 6766043, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-07", "close": 938.599976, "volume": 14443375, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-14", "close": 840.450012, "volume": 12647951, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-21", "close": 845.950012, "volume": 14143551, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-28", "close": 873.349976, "volume": 16921491, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-07", "close": 934.900024, "volume": 23382401, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-14", "close": 929.0, "volume": 16640792, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-21", "close": 921.25, "volume": 8763078, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-28", "close": 871.700012, "volume": 6753166, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-04", "close": 820.549988, "volume": 3474873, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-11", "close": 779.349976, "volume": 4466628, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-18", "close": 835.700012, "volume": 2684239, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-25", "close": 783.25, "volume": 3403988, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-02", "close": 706.099976, "volume": 2495982, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-09", "close": 774.650024, "volume": 8008444, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-16", "close": 799.900024, "volume": 5145930, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-23", "close": 758.900024, "volume": 1989105, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-30", "close": 765.650024, "volume": 1800966, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-06", "close": 753.450012, "volume": 1249794, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-13", "close": 719.849976, "volume": 1929507, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-20", "close": 816.849976, "volume": 5761240, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-27", "close": 820.450012, "volume": 4079521, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-04", "close": 816.700012, "volume": 2128236, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-11", "close": 886.75, "volume": 13301083, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-18", "close": 850.099976, "volume": 2723570, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-25", "close": 842.0, "volume": 2668668, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-01", "close": 824.549988, "volume": 3865018, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-08", "close": 859.599976, "volume": 2873243, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-15", "close": 853.0, "volume": 2767015, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-22", "close": 955.299988, "volume": 5654218, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-29", "close": 862.349976, "volume": 2818698, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-05", "close": 874.150024, "volume": 1645057, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-12", "close": 850.599976, "volume": 896725, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-19", "close": 883.75, "volume": 1361386, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-26", "close": 830.900024, "volume": 1193518, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-03", "close": 828.650024, "volume": 806773, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-10", "close": 845.299988, "volume": 3247315, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-17", "close": 833.900024, "volume": 958940, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-24", "close": 823.0, "volume": 838959, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-31", "close": 787.200012, "volume": 1343714, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-07", "close": 796.599976, "volume": 1839226, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-14", "close": 826.0, "volume": 1323176, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-21", "close": 831.900024, "volume": 3333069, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-28", "close": 813.950012, "volume": 696956, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-05", "close": 783.049988, "volume": 599102, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-12", "close": 775.25, "volume": 751697, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-19", "close": 737.700012, "volume": 673792, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-26", "close": 736.75, "volume": 673018, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-02", "close": 770.150024, "volume": 2164144, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-09", "close": 720.849976, "volume": 830011, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-16", "close": 706.799988, "volume": 758718, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-23", "close": 598.099976, "volume": 1345097, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-30", "close": 638.349976, "volume": 908847, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-02-06", "close": 673.049988, "volume": 1154669, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-02-13", "close": 715.200012, "volume": 1784210, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-02-20", "close": 879.099976, "volume": 20647286, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-02-27", "close": 998.049988, "volume": 41306511, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-03-06", "close": 926.450012, "volume": 5860113, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-03-13", "close": 856.0, "volume": 5842312, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-03-20", "close": 896.849976, "volume": 4522865, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-03-27", "close": 886.450012, "volume": 2898937, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-04-03", "close": 867.849976, "volume": 1934031, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-04-10", "close": 969.349976, "volume": 3248110, "typical_volume": 4930021.3, "trend": 807.883331, "fair_value": 787.981749, "relative_strength": 23.739547, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.328977, "energy": 42.003151, "activity_lines": [ 908.479985, 897.725444, 830.88761, 815.3458 ] }, { "date": "2026-04-17", "close": 1269.900024, "volume": 11706863, "typical_volume": 5480516.65, "trend": 820.754999, "fair_value": 793.931357, "relative_strength": 58.488108, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.796329, "energy": 73.073502, "activity_lines": [ 1033.346663, 971.009995, 875.881422, 845.153329 ] }, { "date": "2026-04-24", "close": 1247.699951, "volume": 5309408, "typical_volume": 5716031.95, "trend": 834.64833, "fair_value": 799.46512, "relative_strength": 56.886279, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.217682, "energy": 87.375414, "activity_lines": [ 1123.219983, 1029.406351, 916.589751, 872.698164 ] }, { "date": "2026-05-01", "close": 1295.349976, "volume": 4573622, "typical_volume": 5907128.2, "trend": 850.204995, "fair_value": 805.439637, "relative_strength": 59.893998, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.686394, "energy": 91.159593, "activity_lines": [ 1205.586646, 1086.78453, 959.623559, 902.420851 ] }, { "date": "2026-05-08", "close": 1300.199951, "volume": 3693095, "typical_volume": 6058093.35, "trend": 865.368327, "fair_value": 811.32964, "relative_strength": 57.378296, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.011147, "energy": 89.638125, "activity_lines": [ 1262.309969, 1137.476342, 1000.642603, 931.452784 ] }, { "date": "2026-05-15", "close": 1172.599976, "volume": 3630038, "typical_volume": 6205944.35, "trend": 876.658325, "fair_value": 815.57988, "relative_strength": 43.705626, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.25294, "energy": 76.898934, "activity_lines": [ 1247.676636, 1159.474522, 1026.830697, 951.274181 ] }, { "date": "2026-05-22", "close": 1109.599976, "volume": 1558440, "typical_volume": 6175659.15, "trend": 886.211658, "fair_value": 818.998718, "relative_strength": 34.334194, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.243075, "energy": 52.32721, "activity_lines": [ 1198.493303, 1165.542703, 1044.943315, 966.302674 ] }, { "date": "2026-05-29", "close": 1107.300049, "volume": 566146, "typical_volume": 6162465.9, "trend": 896.881659, "fair_value": 822.312526, "relative_strength": 33.8432, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.688314, "energy": 37.867946, "activity_lines": [ 1159.229997, 1166.581806, 1061.220464, 980.566441 ] }, { "date": "2026-06-05", "close": 1216.800049, "volume": 264459, "typical_volume": 6137752.95, "trend": 910.888328, "fair_value": 826.795339, "relative_strength": 46.459603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.931755, "energy": 33.154984, "activity_lines": [ 1165.826685, 1183.703636, 1086.085946, 1001.206337 ] }, { "date": "2026-06-12", "close": 1261.199951, "volume": 150786, "typical_volume": 6078037.4, "trend": 925.394993, "fair_value": 831.67629, "relative_strength": 48.212065, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.233589, "energy": 37.427411, "activity_lines": [ 1192.460002, 1202.89181, 1112.751419, 1023.807087 ] }, { "date": "2026-06-19", "close": 1235.199951, "volume": 85091, "typical_volume": 6036849.6, "trend": 938.838324, "fair_value": 836.159886, "relative_strength": 41.37067, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.338267, "energy": 42.671758, "activity_lines": [ 1213.026652, 1210.200895, 1133.783082, 1043.794504 ] }, { "date": "2026-06-26", "close": 1191.0, "volume": 0, "typical_volume": 5979116.15, "trend": 951.406657, "fair_value": 840.059228, "relative_strength": 34.821266, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.749184, "energy": 42.543807, "activity_lines": [ 1214.686654, 1204.639988, 1147.763083, 1060.062999 ] }, { "date": "2026-07-03", "close": 1214.800049, "volume": 50663, "typical_volume": 5892438.8, "trend": 965.798326, "fair_value": 844.132498, "relative_strength": 35.027069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.424661, "energy": 40.133887, "activity_lines": [ 1218.853337, 1204.840909, 1161.543327, 1077.056121 ] }, { "date": "2026-07-10", "close": 1230.900024, "volume": 352874, "typical_volume": 4877718.2, "trend": 980.98666, "fair_value": 848.291288, "relative_strength": 36.077413, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.716905, "energy": 37.481516, "activity_lines": [ 1221.220011, 1208.567278, 1174.477854, 1094.159457 ] }, { "date": "2026-07-17", "close": 1249.900024, "volume": 602196, "typical_volume": 2842502.45, "trend": 998.059994, "fair_value": 852.563722, "relative_strength": 36.240323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.697215, "energy": 39.132207, "activity_lines": [ 1228.980021, 1216.920011, 1187.546666, 1111.508706 ] }, { "date": "2026-07-24", "close": 1233.900024, "volume": 310851, "typical_volume": 2565039.35, "trend": 1014.631661, "fair_value": 856.577788, "relative_strength": 36.450192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.513083, "energy": 37.785818, "activity_lines": [ 1232.160026, 1223.278196, 1197.892383, 1126.724192 ] }, { "date": "2026-07-31", "close": 1175.0, "volume": 347054, "typical_volume": 2290276.45, "trend": 1028.12666, "fair_value": 859.894686, "relative_strength": 25.724171, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.898642, "energy": 28.851024, "activity_lines": [ 1215.793351, 1217.81274, 1201.164526, 1137.070536 ] }, { "date": "2026-08-07", "close": 1208.400024, "volume": 224318, "typical_volume": 2075349.1, "trend": 1044.378328, "fair_value": 863.487525, "relative_strength": 27.425079, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.338636, "energy": 26.583498, "activity_lines": [ 1211.626684, 1217.230924, 1206.098577, 1148.701076 ] } ], "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." } } }