{ "ticker": { "uuid": "05a64e0a-df63-45bc-b90b-7ddb14c0402a", "symbol": "KRBL", "name": "KRBL Limited", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 67.57, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 42.703, "architecture_energy": 22.823, "architecture_maturity": 42.845, "architecture_confidence": 87.811, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 38.42, "rotation_up": 26.71, "upward_expansion": 54.15, "deceleration": 89.42, "rotation_down": 34.08, "downward_expansion": 22.48 }, "activity_lines": [ 362.203333, 365.869091, 362.367856, 354.993547 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 378.649994, "trend_reference": 348.496665, "distance_from_trend": 0.086524, "trend_direction": "Weakening", "fair_value": 336.80984, "distance_from_fair_value": 0.124225, "fair_value_direction": "Improving", "relative_strength": 2.917743, "relative_strength_direction": "Weakening", "price_momentum": 0.039819, "excess_performance": 0.083528, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.086524, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.028341, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.124225, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.016165, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.029177, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.005866, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.039819, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.243634, "read": "Demand-led" } ], "volume": { "latest": 1852105, "relative_activity": 1.034306, "balance": 1.243634, "dry_up": 0.816275, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.055643, "annualized_volatility": 0.311442, "from_high_reference": -0.228363, "from_low_reference": 0.378664 }, "levels": { "trend_reference": 348.496665, "fair_value_reference": 336.80984, "structural_low": 274.649994, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 7.8e-05, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.003256, "regime_survival": 0.583333, "best_return": 0.219398, "worst_return": -0.195647, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.022085, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.085672, "regime_survival": 0.2, "best_return": 0.137446, "worst_return": -0.199754, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.142678, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.170879, "regime_survival": 0.0, "best_return": -0.094411, "worst_return": -0.226759, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.092012, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.041364, "regime_survival": 0.0, "best_return": 0.20552, "worst_return": -0.021497, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-12", "end": "2024-12-13", "tenure": "Established", "return": -0.036092, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-20", "end": "2024-12-27", "tenure": "New", "return": -0.018782, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-03", "end": "2025-02-21", "tenure": "Developing", "return": -0.099803, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-28", "end": "2025-04-04", "tenure": "Developing", "return": 0.113349, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-04-25", "tenure": "New", "return": 0.065349, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-02", "end": "2025-05-16", "tenure": "New", "return": 0.0644, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-09-26", "tenure": "Established", "return": -0.025554, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-12-26", "tenure": "Established", "return": 0.160115, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-02", "end": "2026-01-16", "tenure": "New", "return": -0.116171, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-23", "end": "2026-05-22", "tenure": "Established", "return": 0.057195, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-06-19", "tenure": "New", "return": 0.099229, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-26", "end": "2026-07-10", "tenure": "New", "return": -0.049825, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-17", "end": "2026-07-24", "tenure": "New", "return": -0.021618, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.078468, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 391.088043, "volume": 1450823, "typical_volume": 2822359.2, "trend": 361.810901, "fair_value": 275.626501, "relative_strength": 0.707178, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 67.857366, "energy": 65.880628, "activity_lines": [ 383.761416, 368.834049, 365.291545, 362.85093 ] }, { "date": "2023-08-25", "close": 390.568085, "volume": 2054666, "typical_volume": 2894804.4, "trend": 362.179094, "fair_value": 276.408489, "relative_strength": 0.348904, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.76735, "energy": 69.35356, "activity_lines": [ 387.999683, 374.720696, 367.811729, 364.706232 ] }, { "date": "2023-09-01", "close": 392.76944, "volume": 2139550, "typical_volume": 2971685.3, "trend": 362.33437, "fair_value": 277.320648, "relative_strength": -0.252259, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.385884, "energy": 71.536039, "activity_lines": [ 391.008824, 380.132421, 370.293997, 366.679803 ] }, { "date": "2023-09-08", "close": 439.927216, "volume": 8807078, "typical_volume": 2945897.0, "trend": 364.466616, "fair_value": 278.576027, "relative_strength": 8.978459, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.312234, "energy": 82.98991, "activity_lines": [ 407.936627, 393.068226, 376.981775, 371.685793 ] }, { "date": "2023-09-15", "close": 413.07077, "volume": 3470840, "typical_volume": 2972314.8, "trend": 365.980183, "fair_value": 279.5212, "relative_strength": 0.356205, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.204045, "energy": 68.078144, "activity_lines": [ 411.70635, 399.16388, 380.761411, 374.821545 ] }, { "date": "2023-09-22", "close": 393.845612, "volume": 1048294, "typical_volume": 2969465.05, "trend": 367.679269, "fair_value": 280.305567, "relative_strength": -1.701773, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.948439, "energy": 51.876824, "activity_lines": [ 407.82665, 400.449575, 382.584718, 376.619314 ] }, { "date": "2023-09-29", "close": 396.780762, "volume": 3243322, "typical_volume": 2991652.75, "trend": 369.609582, "fair_value": 281.087064, "relative_strength": -0.714691, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.429995, "energy": 42.390273, "activity_lines": [ 404.741496, 401.328849, 384.584731, 378.49683 ] }, { "date": "2023-10-06", "close": 389.002686, "volume": 968215, "typical_volume": 2928914.9, "trend": 370.834915, "fair_value": 281.903915, "relative_strength": -2.600229, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.678112, "energy": 24.645771, "activity_lines": [ 398.649471, 400.14563, 385.834992, 379.747998 ] }, { "date": "2023-10-13", "close": 380.97998, "volume": 954633, "typical_volume": 2885084.65, "trend": 371.717996, "fair_value": 282.752411, "relative_strength": -4.780973, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.15243, "energy": 20.415138, "activity_lines": [ 390.134328, 397.081152, 386.385494, 380.402518 ] }, { "date": "2023-10-20", "close": 361.559204, "volume": 1313154, "typical_volume": 2751981.8, "trend": 372.604392, "fair_value": 283.510623, "relative_strength": -8.398721, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.197055, "energy": 15.858254, "activity_lines": [ 379.075409, 390.41032, 385.156143, 379.747112 ] }, { "date": "2023-10-27", "close": 363.61377, "volume": 1366536, "typical_volume": 2724330.2, "trend": 373.474687, "fair_value": 284.278646, "relative_strength": -5.201103, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -8.361034, "energy": 18.58518, "activity_lines": [ 372.135449, 384.711155, 384.124578, 379.167072 ] }, { "date": "2023-11-03", "close": 370.560272, "volume": 2179290, "typical_volume": 2689528.2, "trend": 374.540744, "fair_value": 285.02767, "relative_strength": -4.186625, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.265097, "energy": 20.774039, "activity_lines": [ 369.526447, 380.774522, 383.682543, 378.979045 ] }, { "date": "2023-11-10", "close": 347.61734, "volume": 3356071, "typical_volume": 2765004.1, "trend": 375.035612, "fair_value": 285.696816, "relative_strength": -10.774379, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.784229, "energy": 32.88038, "activity_lines": [ 361.017832, 373.030225, 380.921532, 377.242051 ] }, { "date": "2023-11-17", "close": 341.649231, "volume": 1825596, "typical_volume": 2808770.3, "trend": 374.212383, "fair_value": 286.35672, "relative_strength": -13.394094, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.089713, "energy": 45.834077, "activity_lines": [ 353.278872, 365.021765, 377.532123, 375.088091 ] }, { "date": "2023-11-24", "close": 342.334076, "volume": 1820357, "typical_volume": 2783994.3, "trend": 372.732027, "fair_value": 286.976423, "relative_strength": -13.194393, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.521112, "energy": 47.179003, "activity_lines": [ 348.390243, 358.924695, 374.163338, 373.031426 ] }, { "date": "2023-12-01", "close": 337.099792, "volume": 1691523, "typical_volume": 2726533.15, "trend": 371.560322, "fair_value": 287.441016, "relative_strength": -16.061165, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.72645, "energy": 64.872482, "activity_lines": [ 343.038527, 353.162058, 370.288624, 370.732572 ] }, { "date": "2023-12-08", "close": 349.818665, "volume": 2721855, "typical_volume": 2553643.35, "trend": 370.057795, "fair_value": 288.149012, "relative_strength": -15.414801, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.20404, "energy": 59.360222, "activity_lines": [ 343.694035, 350.743686, 367.649236, 369.329885 ] }, { "date": "2023-12-15", "close": 352.264618, "volume": 1956336, "typical_volume": 2497500.35, "trend": 368.383037, "fair_value": 288.888875, "relative_strength": -16.282493, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.775061, "energy": 49.642719, "activity_lines": [ 346.547634, 349.623889, 365.296634, 368.181938 ] }, { "date": "2023-12-22", "close": 346.247589, "volume": 1646411, "typical_volume": 2423083.35, "trend": 366.737076, "fair_value": 289.596581, "relative_strength": -17.027009, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -30.77065, "energy": 29.984474, "activity_lines": [ 347.085738, 348.078052, 362.435247, 366.753845 ] }, { "date": "2023-12-29", "close": 366.989197, "volume": 2707398, "typical_volume": 2336097.4, "trend": 366.903288, "fair_value": 290.420448, "relative_strength": -13.24413, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.545357, "energy": 21.310236, "activity_lines": [ 354.231154, 350.934914, 361.694921, 366.77011 ] }, { "date": "2024-01-05", "close": 368.212189, "volume": 1652566, "typical_volume": 2346184.55, "trend": 367.560858, "fair_value": 291.283918, "relative_strength": -12.517182, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.293252, "energy": 19.570351, "activity_lines": [ 360.14056, 353.915411, 361.201861, 366.854556 ] }, { "date": "2024-01-12", "close": 372.565918, "volume": 1941201, "typical_volume": 2340511.3, "trend": 368.565262, "fair_value": 292.21775, "relative_strength": -11.821149, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.910332, "energy": 17.445613, "activity_lines": [ 365.427049, 357.603887, 361.232375, 367.177463 ] }, { "date": "2024-01-19", "close": 363.173523, "volume": 1130398, "typical_volume": 2290053.7, "trend": 369.503842, "fair_value": 293.175976, "relative_strength": -12.547936, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.399742, "energy": 19.851365, "activity_lines": [ 366.066256, 359.54819, 360.454099, 366.829609 ] }, { "date": "2024-01-26", "close": 353.291931, "volume": 753033, "typical_volume": 1887351.45, "trend": 370.204129, "fair_value": 293.99206, "relative_strength": -13.417908, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.078512, "energy": 15.613102, "activity_lines": [ 362.684338, 359.412999, 358.875652, 365.783679 ] }, { "date": "2024-02-02", "close": 352.558167, "volume": 1379590, "typical_volume": 1782788.95, "trend": 370.596915, "fair_value": 295.026702, "relative_strength": -15.100396, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.80552, "energy": 16.381201, "activity_lines": [ 358.58821, 358.932711, 357.639872, 364.64523 ] }, { "date": "2024-02-09", "close": 351.384064, "volume": 1018671, "typical_volume": 1781307.8, "trend": 370.905017, "fair_value": 296.110321, "relative_strength": -14.68107, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.04574, "energy": 28.684725, "activity_lines": [ 355.062783, 358.053057, 356.580428, 363.405691 ] }, { "date": "2024-02-16", "close": 346.638947, "volume": 2108177, "typical_volume": 1724550.55, "trend": 370.422168, "fair_value": 297.042882, "relative_strength": -16.414358, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.168554, "energy": 43.131064, "activity_lines": [ 351.077525, 356.050941, 355.271266, 361.840138 ] }, { "date": "2024-02-23", "close": 333.430847, "volume": 1033020, "typical_volume": 1727790.8, "trend": 369.344513, "fair_value": 297.977514, "relative_strength": -19.843301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.14803, "energy": 61.273809, "activity_lines": [ 344.418032, 351.705165, 352.942961, 359.453601 ] }, { "date": "2024-03-01", "close": 306.721161, "volume": 2077813, "typical_volume": 1783949.8, "trend": 367.007278, "fair_value": 298.752842, "relative_strength": -26.261642, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.801702, "energy": 78.26363, "activity_lines": [ 330.838155, 342.845515, 348.335503, 355.413385 ] }, { "date": "2024-03-08", "close": 291.849823, "volume": 2576009, "typical_volume": 1847092.55, "trend": 363.587097, "fair_value": 299.448112, "relative_strength": -29.793733, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.702457, "energy": 89.139579, "activity_lines": [ 315.405884, 332.000648, 342.665341, 350.564517 ] }, { "date": "2024-03-15", "close": 281.919312, "volume": 4161280, "typical_volume": 1986829.75, "trend": 359.94814, "fair_value": 300.132868, "relative_strength": -30.158408, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.554634, "energy": 93.322171, "activity_lines": [ 300.710665, 320.716403, 336.381365, 345.295628 ] }, { "date": "2024-03-22", "close": 282.555267, "volume": 1749243, "typical_volume": 1965327.4, "trend": 356.347712, "fair_value": 300.82109, "relative_strength": -29.718618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.090634, "energy": 91.872343, "activity_lines": [ 290.858415, 311.116748, 330.546978, 340.302539 ] }, { "date": "2024-03-29", "close": 271.352844, "volume": 1718469, "typical_volume": 1883447.3, "trend": 352.300492, "fair_value": 301.466822, "relative_strength": -32.68223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.74736, "energy": 92.911942, "activity_lines": [ 281.544269, 301.116846, 324.064765, 334.818999 ] }, { "date": "2024-04-05", "close": 306.329834, "volume": 6120454, "typical_volume": 2098190.2, "trend": 347.847246, "fair_value": 302.258883, "relative_strength": -24.180764, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.84741, "energy": 74.39817, "activity_lines": [ 288.027653, 299.145864, 321.276858, 331.85315 ] }, { "date": "2024-04-12", "close": 294.589325, "volume": 2455248, "typical_volume": 2129934.75, "trend": 343.897865, "fair_value": 303.028827, "relative_strength": -26.666277, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.590731, "energy": 56.425994, "activity_lines": [ 290.623623, 295.8941, 317.538995, 328.417155 ] }, { "date": "2024-04-19", "close": 283.63147, "volume": 1609336, "typical_volume": 2125825.4, "trend": 340.22406, "fair_value": 303.752962, "relative_strength": -27.583859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.697444, "energy": 54.832966, "activity_lines": [ 289.38434, 291.703978, 312.984882, 324.529001 ] }, { "date": "2024-04-26", "close": 289.893066, "volume": 2505159, "typical_volume": 2114990.6, "trend": 336.661137, "fair_value": 304.48364, "relative_strength": -26.205907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.933114, "energy": 41.052851, "activity_lines": [ 290.118113, 289.884193, 309.281723, 321.28184 ] }, { "date": "2024-05-03", "close": 284.365234, "volume": 2236210, "typical_volume": 2128984.3, "trend": 333.173222, "fair_value": 305.047247, "relative_strength": -27.157544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.975621, "energy": 44.369781, "activity_lines": [ 288.520089, 288.091091, 305.337464, 317.907911 ] }, { "date": "2024-05-10", "close": 271.401764, "volume": 2531387, "typical_volume": 2173233.1, "trend": 329.520615, "fair_value": 305.445291, "relative_strength": -28.418712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.091138, "energy": 53.643997, "activity_lines": [ 281.733415, 284.833097, 300.481919, 313.922655 ] }, { "date": "2024-05-17", "close": 277.7612, "volume": 4887092, "typical_volume": 2282217.8, "trend": 326.727348, "fair_value": 305.739637, "relative_strength": -27.288419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.185994, "energy": 51.216929, "activity_lines": [ 279.395091, 283.373534, 296.588444, 310.583338 ] }, { "date": "2024-05-24", "close": 274.043365, "volume": 4555040, "typical_volume": 2427341.5, "trend": 323.741668, "fair_value": 306.184851, "relative_strength": -29.037651, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.02523, "energy": 52.450706, "activity_lines": [ 276.939363, 281.494158, 292.765784, 307.184372 ] }, { "date": "2024-05-31", "close": 261.177734, "volume": 2936906, "typical_volume": 2477126.75, "trend": 320.095583, "fair_value": 306.470627, "relative_strength": -30.458011, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.754361, "energy": 70.851254, "activity_lines": [ 270.834299, 277.418776, 288.166248, 303.147989 ] }, { "date": "2024-06-07", "close": 275.315247, "volume": 6761222, "typical_volume": 2758667.95, "trend": 317.685513, "fair_value": 306.821067, "relative_strength": -28.51077, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.961679, "energy": 50.07188, "activity_lines": [ 271.356095, 276.302533, 285.443563, 300.258935 ] }, { "date": "2024-06-14", "close": 303.492523, "volume": 13775735, "typical_volume": 3409803.05, "trend": 316.413623, "fair_value": 307.364959, "relative_strength": -21.302342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.819494, "energy": 30.220867, "activity_lines": [ 281.873649, 280.237387, 285.8228, 299.343258 ] }, { "date": "2024-06-21", "close": 291.262817, "volume": 8923346, "typical_volume": 3786990.85, "trend": 314.711248, "fair_value": 307.679272, "relative_strength": -24.094289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.041294, "energy": 22.373471, "activity_lines": [ 286.17525, 282.000246, 285.274444, 297.720625 ] }, { "date": "2024-06-28", "close": 277.516602, "volume": 5939590, "typical_volume": 4033036.8, "trend": 312.725141, "fair_value": 307.894779, "relative_strength": -28.727991, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.274955, "energy": 21.380425, "activity_lines": [ 284.994672, 281.324275, 283.708807, 295.320971 ] }, { "date": "2024-07-05", "close": 310.096588, "volume": 14608074, "typical_volume": 4658031.65, "trend": 311.401072, "fair_value": 308.206432, "relative_strength": -20.928907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.68886, "energy": 14.903119, "activity_lines": [ 294.442539, 286.683118, 285.597775, 295.151387 ] }, { "date": "2024-07-12", "close": 317.483307, "volume": 19370986, "typical_volume": 5574929.95, "trend": 310.241695, "fair_value": 308.497937, "relative_strength": -19.197847, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.241849, "energy": 19.817314, "activity_lines": [ 303.09139, 293.017663, 288.364252, 295.543789 ] }, { "date": "2024-07-19", "close": 298.894165, "volume": 3515304, "typical_volume": 5646804.5, "trend": 308.663248, "fair_value": 308.701129, "relative_strength": -23.457702, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.151562, "energy": 17.12626, "activity_lines": [ 302.732656, 295.370218, 289.436275, 294.81169 ] }, { "date": "2024-07-26", "close": 300.361725, "volume": 5190616, "typical_volume": 5777534.85, "trend": 306.442332, "fair_value": 308.954349, "relative_strength": -23.419783, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.12076, "energy": 18.589615, "activity_lines": [ 303.169666, 297.489739, 290.685337, 294.276108 ] }, { "date": "2024-08-02", "close": 287.93634, "volume": 9056452, "typical_volume": 6022293.45, "trend": 303.76647, "fair_value": 309.155713, "relative_strength": -25.545425, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.810127, "energy": 13.258138, "activity_lines": [ 298.858286, 296.939182, 290.710496, 293.082173 ] }, { "date": "2024-08-09", "close": 278.397156, "volume": 3942383, "typical_volume": 6131950.45, "trend": 300.627512, "fair_value": 309.329218, "relative_strength": -26.171838, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.472957, "energy": 19.368155, "activity_lines": [ 290.67253, 294.401627, 289.798509, 291.445443 ] }, { "date": "2024-08-16", "close": 287.153625, "volume": 3290872, "typical_volume": 6210570.6, "trend": 298.093515, "fair_value": 309.716758, "relative_strength": -23.576338, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.998929, "energy": 20.027618, "activity_lines": [ 287.518892, 293.143078, 289.740272, 290.57616 ] }, { "date": "2024-08-23", "close": 291.898773, "volume": 3524512, "typical_volume": 6080773.5, "trend": 296.047076, "fair_value": 310.138685, "relative_strength": -22.365836, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.555476, "energy": 21.389169, "activity_lines": [ 287.968949, 292.532039, 290.058712, 290.176499 ] }, { "date": "2024-08-30", "close": 299.481201, "volume": 5210126, "typical_volume": 6218517.4, "trend": 294.277844, "fair_value": 310.479109, "relative_strength": -20.813274, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.400327, "energy": 10.651251, "activity_lines": [ 291.412842, 293.51042, 291.168007, 290.398056 ] }, { "date": "2024-09-06", "close": 298.887024, "volume": 4720399, "typical_volume": 6374070.55, "trend": 292.527943, "fair_value": 310.82397, "relative_strength": -18.688975, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.410246, "energy": 8.817465, "activity_lines": [ 294.717377, 294.231343, 292.197419, 290.695422 ] }, { "date": "2024-09-13", "close": 301.563629, "volume": 2234574, "typical_volume": 6360541.3, "trend": 291.025432, "fair_value": 311.113359, "relative_strength": -18.687224, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.682447, "energy": 29.783384, "activity_lines": [ 298.184068, 295.050368, 293.409101, 291.27837 ] }, { "date": "2024-09-20", "close": 301.414917, "volume": 14314216, "typical_volume": 6964441.6, "trend": 289.958235, "fair_value": 311.278331, "relative_strength": -19.211373, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.988987, "energy": 35.468507, "activity_lines": [ 300.056757, 295.997499, 294.551045, 291.948659 ] }, { "date": "2024-09-27", "close": 298.044403, "volume": 3269291, "typical_volume": 7001336.8, "trend": 289.669009, "fair_value": 311.198904, "relative_strength": -20.365078, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.07065, "energy": 35.270923, "activity_lines": [ 299.855188, 296.623962, 295.290799, 292.470347 ] }, { "date": "2024-10-04", "close": 291.74942, "volume": 3950491, "typical_volume": 6954506.75, "trend": 289.665663, "fair_value": 311.132348, "relative_strength": -17.516549, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.10069, "energy": 22.946252, "activity_lines": [ 297.145583, 296.121333, 295.304161, 292.604567 ] }, { "date": "2024-10-11", "close": 284.413544, "volume": 2681727, "typical_volume": 6860841.1, "trend": 289.748804, "fair_value": 310.969877, "relative_strength": -18.553713, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 8.458249, "energy": 5.810836, "activity_lines": [ 292.506138, 294.441496, 294.552258, 292.265721 ] }, { "date": "2024-10-18", "close": 292.939026, "volume": 2658133, "typical_volume": 6846902.45, "trend": 290.094929, "fair_value": 311.073708, "relative_strength": -14.955293, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 15.633965, "energy": 10.78034, "activity_lines": [ 291.673419, 294.375797, 294.562924, 292.471542 ] }, { "date": "2024-10-25", "close": 265.231232, "volume": 2711845, "typical_volume": 6644433.6, "trend": 289.890875, "fair_value": 311.023134, "relative_strength": -19.953344, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -32.200209, "energy": 33.857757, "activity_lines": [ 282.179743, 289.00792, 291.783508, 290.867432 ] }, { "date": "2024-11-01", "close": 290.21286, "volume": 1841860, "typical_volume": 6047739.85, "trend": 289.353643, "fair_value": 311.116607, "relative_strength": -11.953583, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.738372, "energy": 26.952788, "activity_lines": [ 283.425521, 288.580746, 291.431313, 290.888206 ] }, { "date": "2024-11-08", "close": 277.573364, "volume": 1818629, "typical_volume": 5692504.0, "trend": 288.786444, "fair_value": 311.326786, "relative_strength": -14.467403, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -29.799096, "energy": 38.397424, "activity_lines": [ 280.980237, 285.886135, 289.938594, 290.128188 ] }, { "date": "2024-11-15", "close": 273.45932, "volume": 2306027, "typical_volume": 5510825.85, "trend": 288.447372, "fair_value": 311.576811, "relative_strength": -12.820795, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -33.795487, "energy": 44.79214, "activity_lines": [ 278.108675, 282.84184, 288.119249, 289.139341 ] }, { "date": "2024-11-22", "close": 291.947693, "volume": 2991589, "typical_volume": 4930001.6, "trend": 288.51586, "fair_value": 311.94102, "relative_strength": -7.708081, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.646682, "energy": 12.931083, "activity_lines": [ 282.130186, 283.62139, 288.080021, 289.365168 ] }, { "date": "2024-11-29", "close": 305.578522, "volume": 3961175, "typical_volume": 4159511.05, "trend": 289.22297, "fair_value": 312.436855, "relative_strength": -3.739875, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.830331, "energy": 8.199658, "activity_lines": [ 290.761395, 287.054107, 289.425391, 290.465985 ] }, { "date": "2024-12-06", "close": 311.52652, "volume": 2976529, "typical_volume": 4132572.3, "trend": 290.560461, "fair_value": 312.904599, "relative_strength": -3.467488, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.888122, "energy": 30.945517, "activity_lines": [ 298.685451, 291.492576, 291.393927, 291.904924 ] }, { "date": "2024-12-13", "close": 306.024628, "volume": 4924808, "typical_volume": 4119281.9, "trend": 291.502576, "fair_value": 313.339859, "relative_strength": -4.951077, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.09176, "energy": 35.049514, "activity_lines": [ 303.354633, 294.685572, 292.778318, 292.902612 ] }, { "date": "2024-12-20", "close": 295.56604, "volume": 2207425, "typical_volume": 3776830.55, "trend": 292.219998, "fair_value": 313.732832, "relative_strength": -3.075104, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.846434, "energy": 37.227934, "activity_lines": [ 302.640867, 295.717457, 293.139688, 293.164771 ] }, { "date": "2024-12-27", "close": 290.014587, "volume": 1350685, "typical_volume": 3647245.65, "trend": 293.181227, "fair_value": 314.087744, "relative_strength": -5.133283, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 7.838418, "energy": 16.251409, "activity_lines": [ 298.602836, 295.537215, 292.936016, 293.022486 ] }, { "date": "2025-01-03", "close": 302.455841, "volume": 2270335, "typical_volume": 3596218.8, "trend": 294.085913, "fair_value": 314.445977, "relative_strength": -1.207027, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.660762, "energy": 13.833585, "activity_lines": [ 298.840763, 297.67219, 293.861904, 293.620848 ] }, { "date": "2025-01-10", "close": 278.465546, "volume": 1623384, "typical_volume": 3501162.4, "trend": 293.25168, "fair_value": 314.604011, "relative_strength": -6.091155, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.623252, "energy": 13.673555, "activity_lines": [ 291.290104, 294.768483, 292.430134, 292.613083 ] }, { "date": "2025-01-17", "close": 283.372681, "volume": 1436333, "typical_volume": 3312472.75, "trend": 292.988676, "fair_value": 314.891591, "relative_strength": -2.819139, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.636327, "energy": 22.415171, "activity_lines": [ 287.579222, 292.970569, 291.529679, 291.975728 ] }, { "date": "2025-01-24", "close": 271.278381, "volume": 1119701, "typical_volume": 3132437.85, "trend": 292.780735, "fair_value": 315.183025, "relative_strength": -5.828179, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.596179, "energy": 43.050711, "activity_lines": [ 281.347036, 288.86825, 289.554092, 290.575064 ] }, { "date": "2025-01-31", "close": 273.905426, "volume": 1655253, "typical_volume": 3103471.8, "trend": 291.574363, "fair_value": 315.471185, "relative_strength": -5.94991, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.934373, "energy": 53.021633, "activity_lines": [ 277.609709, 285.283228, 287.96017, 289.357302 ] }, { "date": "2025-02-07", "close": 298.688751, "volume": 2636507, "typical_volume": 2519586.35, "trend": 290.947878, "fair_value": 315.973293, "relative_strength": 2.887061, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.35466, "energy": 29.845358, "activity_lines": [ 283.207434, 286.532307, 288.85827, 289.816295 ] }, { "date": "2025-02-14", "close": 265.875641, "volume": 1985871, "typical_volume": 2455415.35, "trend": 289.847261, "fair_value": 316.463406, "relative_strength": -5.285934, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.817302, "energy": 43.661084, "activity_lines": [ 278.118595, 281.940634, 286.644294, 288.198731 ] }, { "date": "2025-02-21", "close": 272.269714, "volume": 1221083, "typical_volume": 2318944.95, "trend": 288.91086, "fair_value": 317.002553, "relative_strength": -1.968485, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.166193, "energy": 32.671289, "activity_lines": [ 276.000441, 279.341537, 285.192462, 287.064696 ] }, { "date": "2025-02-28", "close": 251.005615, "volume": 1043013, "typical_volume": 2237009.25, "trend": 287.679836, "fair_value": 317.411271, "relative_strength": -6.531028, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.296124, "energy": 47.271741, "activity_lines": [ 267.534452, 273.489965, 281.808238, 284.619196 ] }, { "date": "2025-03-07", "close": 268.403534, "volume": 2878924, "typical_volume": 2248048.8, "trend": 287.346715, "fair_value": 317.860344, "relative_strength": -1.781281, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.121892, "energy": 50.509206, "activity_lines": [ 266.219287, 271.61184, 280.240044, 283.375564 ] }, { "date": "2025-03-14", "close": 259.431976, "volume": 1374773, "typical_volume": 2181195.2, "trend": 286.42266, "fair_value": 318.260571, "relative_strength": -4.220926, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.467271, "energy": 51.203923, "activity_lines": [ 262.280395, 268.495452, 277.934252, 281.574613 ] }, { "date": "2025-03-21", "close": 280.002136, "volume": 1582384, "typical_volume": 2168221.4, "trend": 286.026106, "fair_value": 318.705088, "relative_strength": -0.720902, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.460311, "energy": 33.415561, "activity_lines": [ 267.815342, 269.901344, 277.615138, 281.160385 ] }, { "date": "2025-03-28", "close": 272.220154, "volume": 2851970, "typical_volume": 2219888.45, "trend": 285.117404, "fair_value": 319.155419, "relative_strength": -4.084997, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.136068, "energy": 23.175166, "activity_lines": [ 269.814528, 269.864393, 276.603506, 280.269679 ] }, { "date": "2025-04-04", "close": 279.456879, "volume": 1294741, "typical_volume": 2169324.15, "trend": 284.469733, "fair_value": 319.533317, "relative_strength": 1.335193, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.291693, "energy": 14.700606, "activity_lines": [ 274.22926, 271.345983, 276.306577, 279.904484 ] }, { "date": "2025-04-11", "close": 285.950134, "volume": 1338107, "typical_volume": 2086650.05, "trend": 283.949283, "fair_value": 319.837419, "relative_strength": 4.126884, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.138145, "energy": 14.689821, "activity_lines": [ 278.91166, 273.859465, 276.599493, 279.999993 ] }, { "date": "2025-04-18", "close": 303.942841, "volume": 1965482, "typical_volume": 1986865.4, "trend": 284.033547, "fair_value": 320.246648, "relative_strength": 5.942113, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.599974, "energy": 19.551709, "activity_lines": [ 288.421855, 279.425354, 278.63456, 281.2899 ] }, { "date": "2025-04-25", "close": 304.636749, "volume": 3425444, "typical_volume": 2009311.15, "trend": 284.253292, "fair_value": 320.719118, "relative_strength": 5.398325, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.831913, "energy": 31.638485, "activity_lines": [ 295.195962, 285.021879, 280.743503, 282.619139 ] }, { "date": "2025-05-02", "close": 301.712341, "volume": 1990989, "typical_volume": 1862620.2, "trend": 284.585389, "fair_value": 321.242463, "relative_strength": 3.111606, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.197108, "energy": 38.477399, "activity_lines": [ 299.352958, 289.381946, 282.606739, 283.74553 ] }, { "date": "2025-05-09", "close": 298.341797, "volume": 1959815, "typical_volume": 1850239.7, "trend": 285.049664, "fair_value": 321.726565, "relative_strength": 3.378082, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.614427, "energy": 40.184647, "activity_lines": [ 300.420294, 292.593866, 284.169505, 284.63304 ] }, { "date": "2025-05-16", "close": 321.142487, "volume": 2673662, "typical_volume": 1916388.55, "trend": 285.98978, "fair_value": 322.289679, "relative_strength": 6.69805, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 71.267853, "energy": 61.854315, "activity_lines": [ 307.828866, 299.090708, 287.890548, 286.961609 ] }, { "date": "2025-05-23", "close": 360.101868, "volume": 10994619, "typical_volume": 2352602.75, "trend": 289.152134, "fair_value": 323.188554, "relative_strength": 19.954997, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.820131, "energy": 78.66092, "activity_lines": [ 325.877741, 311.712184, 295.17378, 291.743034 ] }, { "date": "2025-05-30", "close": 349.791992, "volume": 3276167, "typical_volume": 2435241.9, "trend": 291.138105, "fair_value": 324.037741, "relative_strength": 16.531604, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.714016, "energy": 80.56574, "activity_lines": [ 336.746055, 320.628776, 301.200614, 295.655283 ] }, { "date": "2025-06-06", "close": 369.073425, "volume": 3041608, "typical_volume": 2515505.65, "trend": 294.188107, "fair_value": 325.073341, "relative_strength": 21.149364, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.112379, "energy": 90.103752, "activity_lines": [ 351.031165, 331.782176, 308.724126, 300.683368 ] }, { "date": "2025-06-13", "close": 357.326141, "volume": 3029969, "typical_volume": 2611019.05, "trend": 296.983668, "fair_value": 326.107283, "relative_strength": 18.358677, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.643225, "energy": 85.017565, "activity_lines": [ 356.909774, 339.038738, 314.72075, 304.75679 ] }, { "date": "2025-06-20", "close": 339.382996, "volume": 2725276, "typical_volume": 2664520.2, "trend": 298.564845, "fair_value": 326.92007, "relative_strength": 10.457487, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.710948, "energy": 75.389486, "activity_lines": [ 352.875045, 341.617105, 318.598751, 307.49223 ] }, { "date": "2025-06-27", "close": 364.265472, "volume": 4832828, "typical_volume": 2774336.25, "trend": 300.521076, "fair_value": 327.917424, "relative_strength": 15.644596, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.681436, "energy": 65.822867, "activity_lines": [ 355.918441, 347.748052, 324.534714, 311.73098 ] }, { "date": "2025-07-04", "close": 393.361084, "volume": 6732945, "typical_volume": 3011689.95, "trend": 303.248895, "fair_value": 329.063847, "relative_strength": 25.21948, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.65492, "energy": 64.099002, "activity_lines": [ 368.3828, 358.072335, 332.929418, 317.720658 ] }, { "date": "2025-07-11", "close": 385.182587, "volume": 3027030, "typical_volume": 3101987.3, "trend": 305.887494, "fair_value": 330.007768, "relative_strength": 23.678404, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.949202, "energy": 62.15644, "activity_lines": [ 375.216388, 365.296449, 339.938144, 323.006703 ] }, { "date": "2025-07-18", "close": 403.274414, "volume": 5665190, "typical_volume": 3333096.15, "trend": 309.477773, "fair_value": 331.042907, "relative_strength": 29.629926, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.789436, "energy": 78.978955, "activity_lines": [ 387.006641, 374.292345, 348.13222, 329.28973 ] }, { "date": "2025-07-25", "close": 386.768738, "volume": 2611992, "typical_volume": 3319749.55, "trend": 312.702911, "fair_value": 332.009992, "relative_strength": 24.314704, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.892537, "energy": 72.232269, "activity_lines": [ 390.231783, 378.379344, 354.029238, 334.276244 ] }, { "date": "2025-08-01", "close": 366.743805, "volume": 1682316, "typical_volume": 3335126.7, "trend": 314.845844, "fair_value": 332.802607, "relative_strength": 18.584658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.05385, "energy": 52.552868, "activity_lines": [ 383.622898, 377.63224, 357.455476, 337.762753 ] }, { "date": "2025-08-08", "close": 424.191559, "volume": 28393596, "typical_volume": 4675687.3, "trend": 319.703377, "fair_value": 333.897257, "relative_strength": 37.04445, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.049668, "energy": 58.861883, "activity_lines": [ 395.998043, 387.209421, 365.841919, 344.817315 ] }, { "date": "2025-08-15", "close": 465.480591, "volume": 24969788, "typical_volume": 5781578.2, "trend": 325.773641, "fair_value": 335.091343, "relative_strength": 47.144552, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.207242, "energy": 64.814113, "activity_lines": [ 420.080833, 402.940979, 377.474035, 354.222297 ] }, { "date": "2025-08-22", "close": 469.19809, "volume": 4594882, "typical_volume": 5946585.25, "trend": 332.370965, "fair_value": 336.351962, "relative_strength": 45.348835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.462186, "energy": 75.727989, "activity_lines": [ 440.049589, 417.595588, 388.539911, 363.475487 ] }, { "date": "2025-08-29", "close": 427.363831, "volume": 2833250, "typical_volume": 6021342.4, "trend": 337.486245, "fair_value": 337.158751, "relative_strength": 33.676968, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.723839, "energy": 73.878513, "activity_lines": [ 441.678681, 422.609933, 394.718042, 369.604059 ] }, { "date": "2025-09-05", "close": 451.998474, "volume": 3018832, "typical_volume": 6074009.9, "trend": 342.596569, "fair_value": 338.156708, "relative_strength": 38.3186, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.45866, "energy": 70.427192, "activity_lines": [ 448.81298, 430.503653, 402.568931, 376.991945 ] }, { "date": "2025-09-12", "close": 440.25119, "volume": 3377824, "typical_volume": 6071628.9, "trend": 348.409087, "fair_value": 338.777486, "relative_strength": 31.642322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.21905, "energy": 53.009135, "activity_lines": [ 446.347874, 434.666357, 408.596004, 383.292243 ] }, { "date": "2025-09-19", "close": 395.450012, "volume": 17938296, "typical_volume": 6868994.25, "trend": 352.515097, "fair_value": 338.977501, "relative_strength": 16.590173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.801563, "energy": 32.090343, "activity_lines": [ 427.8784, 429.830845, 409.710515, 386.327141 ] }, { "date": "2025-09-26", "close": 350.899994, "volume": 4433745, "typical_volume": 6992690.75, "trend": 355.84491, "fair_value": 338.927288, "relative_strength": 5.844015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 14.228766, "energy": 14.541992, "activity_lines": [ 399.227624, 416.708649, 406.135798, 386.222941 ] }, { "date": "2025-10-03", "close": 348.5, "volume": 3151796, "typical_volume": 7016597.45, "trend": 358.514792, "fair_value": 338.800377, "relative_strength": 3.761891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.341738, "energy": 20.514468, "activity_lines": [ 377.663391, 404.102353, 402.082232, 385.749076 ] }, { "date": "2025-10-10", "close": 370.899994, "volume": 3685984, "typical_volume": 6651165.7, "trend": 362.230392, "fair_value": 338.687233, "relative_strength": 8.217857, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.963572, "energy": 25.138462, "activity_lines": [ 368.823411, 396.264579, 400.031726, 386.548121 ] }, { "date": "2025-10-17", "close": 381.100006, "volume": 3750935, "typical_volume": 6674904.1, "trend": 365.600322, "fair_value": 338.692655, "relative_strength": 8.888845, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.955911, "energy": 23.184019, "activity_lines": [ 368.79, 390.205784, 398.901229, 387.765516 ] }, { "date": "2025-10-24", "close": 379.600006, "volume": 1260798, "typical_volume": 6585863.6, "trend": 369.17965, "fair_value": 338.5943, "relative_strength": 7.532359, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.966772, "energy": 17.947149, "activity_lines": [ 372.200002, 384.657746, 397.47879, 388.668721 ] }, { "date": "2025-10-31", "close": 373.25, "volume": 1216985, "typical_volume": 6495214.4, "trend": 372.306087, "fair_value": 338.591007, "relative_strength": 5.652255, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.962581, "energy": 11.915707, "activity_lines": [ 374.550002, 379.516626, 395.401461, 388.931324 ] }, { "date": "2025-11-07", "close": 383.450012, "volume": 1399679, "typical_volume": 6428934.55, "trend": 375.556083, "fair_value": 338.605549, "relative_strength": 8.976639, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.812727, "energy": 12.262696, "activity_lines": [ 378.810006, 377.974564, 394.219735, 389.650287 ] }, { "date": "2025-11-14", "close": 429.350006, "volume": 19178668, "typical_volume": 7146226.55, "trend": 379.736322, "fair_value": 338.938408, "relative_strength": 19.231713, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.475537, "energy": 24.850055, "activity_lines": [ 396.040006, 385.576389, 397.199593, 393.120863 ] }, { "date": "2025-11-21", "close": 415.850006, "volume": 7617489, "typical_volume": 7190453.75, "trend": 383.443431, "fair_value": 339.122791, "relative_strength": 14.191273, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.049102, "energy": 27.611904, "activity_lines": [ 404.87334, 391.135459, 398.583811, 395.450778 ] }, { "date": "2025-11-28", "close": 408.5, "volume": 1857160, "typical_volume": 7131960.25, "trend": 387.003019, "fair_value": 339.073302, "relative_strength": 11.148136, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.902027, "energy": 29.451889, "activity_lines": [ 408.940004, 395.801822, 399.160938, 397.067331 ] }, { "date": "2025-12-05", "close": 394.0, "volume": 1313536, "typical_volume": 6914377.55, "trend": 390.191626, "fair_value": 339.052865, "relative_strength": 6.915338, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.910675, "energy": 27.223766, "activity_lines": [ 406.246669, 397.594549, 398.246077, 397.518749 ] }, { "date": "2025-12-12", "close": 390.049988, "volume": 3217549, "typical_volume": 6944655.4, "trend": 392.488543, "fair_value": 338.948923, "relative_strength": 6.030803, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.236294, "energy": 15.374237, "activity_lines": [ 400.853331, 397.885455, 396.999189, 397.509611 ] }, { "date": "2025-12-19", "close": 394.399994, "volume": 899306, "typical_volume": 6905504.9, "trend": 393.631814, "fair_value": 339.244188, "relative_strength": 7.158016, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.14277, "energy": 6.446884, "activity_lines": [ 396.469995, 398.211818, 396.150962, 397.632931 ] }, { "date": "2025-12-26", "close": 404.299988, "volume": 1502055, "typical_volume": 5560927.85, "trend": 395.448747, "fair_value": 339.388629, "relative_strength": 9.032695, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.887546, "energy": 11.467952, "activity_lines": [ 397.716659, 399.910906, 396.113895, 398.3212 ] }, { "date": "2026-01-02", "close": 396.399994, "volume": 1192862, "typical_volume": 4372081.55, "trend": 396.359632, "fair_value": 339.517466, "relative_strength": 5.39034, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.865141, "energy": 5.305735, "activity_lines": [ 397.099992, 399.751814, 395.41917, 398.382571 ] }, { "date": "2026-01-09", "close": 363.049988, "volume": 2253484, "typical_volume": 4255011.65, "trend": 396.550427, "fair_value": 339.353689, "relative_strength": -1.350366, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.602478, "energy": 41.289669, "activity_lines": [ 386.173324, 393.22363, 391.877209, 396.233561 ] }, { "date": "2026-01-16", "close": 350.350006, "volume": 2140459, "typical_volume": 4220372.1, "trend": 396.915994, "fair_value": 339.109128, "relative_strength": -5.023538, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -73.42073, "energy": 65.267937, "activity_lines": [ 373.076662, 384.571813, 387.631193, 393.252889 ] }, { "date": "2026-01-23", "close": 325.200012, "volume": 2116575, "typical_volume": 4175259.25, "trend": 395.613812, "fair_value": 338.760908, "relative_strength": -9.718289, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.977486, "energy": 81.215118, "activity_lines": [ 354.243335, 371.949089, 381.356672, 388.626051 ] }, { "date": "2026-01-30", "close": 342.350006, "volume": 1708066, "typical_volume": 4091771.35, "trend": 393.913443, "fair_value": 338.467568, "relative_strength": -6.212535, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.693549, "energy": 78.068855, "activity_lines": [ 345.740004, 364.338181, 377.319286, 385.189677 ] }, { "date": "2026-02-06", "close": 364.149994, "volume": 2930414, "typical_volume": 3341377.25, "trend": 393.212357, "fair_value": 338.391863, "relative_strength": -1.884462, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.341612, "energy": 69.123369, "activity_lines": [ 348.633335, 362.027272, 375.824285, 383.269454 ] }, { "date": "2026-02-13", "close": 364.100006, "volume": 2032583, "typical_volume": 3221319.15, "trend": 391.906543, "fair_value": 338.369019, "relative_strength": -1.394917, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.085941, "energy": 56.089941, "activity_lines": [ 353.660004, 360.513637, 374.473571, 381.391238 ] }, { "date": "2026-02-20", "close": 363.549988, "volume": 3216815, "typical_volume": 3224570.1, "trend": 391.132585, "fair_value": 338.501564, "relative_strength": -2.224339, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.977245, "energy": 32.571606, "activity_lines": [ 358.433331, 359.443635, 373.007618, 379.561783 ] }, { "date": "2026-02-27", "close": 339.649994, "volume": 1282309, "typical_volume": 3104386.35, "trend": 390.229458, "fair_value": 338.506555, "relative_strength": -7.49021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.255332, "energy": 34.417637, "activity_lines": [ 354.359996, 354.509998, 369.193808, 376.240326 ] }, { "date": "2026-03-06", "close": 318.5, "volume": 3057486, "typical_volume": 3069713.9, "trend": 386.706406, "fair_value": 338.290255, "relative_strength": -10.799515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.895668, "energy": 46.147286, "activity_lines": [ 342.27333, 346.726362, 363.514522, 371.612619 ] }, { "date": "2026-03-13", "close": 307.5, "volume": 2419717, "typical_volume": 3127659.85, "trend": 381.440386, "fair_value": 337.989053, "relative_strength": -9.249821, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.500881, "energy": 68.050531, "activity_lines": [ 328.109998, 338.502726, 357.085713, 366.502528 ] }, { "date": "2026-03-20", "close": 287.350006, "volume": 3979648, "typical_volume": 3265793.0, "trend": 375.378783, "fair_value": 337.683814, "relative_strength": -15.111367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.420994, "energy": 83.657819, "activity_lines": [ 311.006667, 328.231818, 349.081189, 360.432181 ] }, { "date": "2026-03-27", "close": 294.399994, "volume": 2366250, "typical_volume": 3314121.55, "trend": 370.946655, "fair_value": 337.4075, "relative_strength": -12.057958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.927147, "energy": 82.873277, "activity_lines": [ 301.369999, 320.61909, 342.157141, 355.207743 ] }, { "date": "2026-04-03", "close": 307.5, "volume": 1617713, "typical_volume": 2436073.8, "trend": 366.130039, "fair_value": 337.208279, "relative_strength": -7.875589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.385158, "energy": 76.130842, "activity_lines": [ 300.71, 316.405453, 336.90476, 351.11441 ] }, { "date": "2026-04-10", "close": 331.799988, "volume": 2690675, "typical_volume": 2189733.1, "trend": 362.514999, "fair_value": 337.202052, "relative_strength": -6.279337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.096814, "energy": 49.490069, "activity_lines": [ 310.293329, 316.931815, 334.546902, 348.899568 ] }, { "date": "2026-04-17", "close": 351.049988, "volume": 3459954, "typical_volume": 2269872.8, "trend": 361.034999, "fair_value": 337.104, "relative_strength": -2.288846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.516907, "energy": 25.760426, "activity_lines": [ 325.406659, 321.149995, 334.422616, 348.15989 ] }, { "date": "2026-04-24", "close": 359.899994, "volume": 3740194, "typical_volume": 2391205.7, "trend": 361.334999, "fair_value": 336.931919, "relative_strength": 1.767513, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.083025, "energy": 19.772928, "activity_lines": [ 340.566659, 327.215449, 335.414758, 348.086664 ] }, { "date": "2026-05-01", "close": 367.149994, "volume": 1457651, "typical_volume": 2303210.8, "trend": 361.956665, "fair_value": 336.89922, "relative_strength": 2.997558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.649351, "energy": 21.857022, "activity_lines": [ 353.306659, 334.675449, 337.259758, 348.461825 ] }, { "date": "2026-05-08", "close": 373.149994, "volume": 1998308, "typical_volume": 2358160.9, "trend": 362.031665, "fair_value": 336.759833, "relative_strength": 3.504377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 27.600917, "energy": 34.984345, "activity_lines": [ 363.196659, 343.160903, 339.785234, 349.183975 ] }, { "date": "2026-05-15", "close": 338.850006, "volume": 3417999, "typical_volume": 2453958.1, "trend": 360.623332, "fair_value": 336.351773, "relative_strength": -4.077378, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.302832, "energy": 20.010245, "activity_lines": [ 357.276664, 344.800905, 339.145235, 347.688384 ] }, { "date": "2026-05-22", "close": 343.799988, "volume": 3091232, "typical_volume": 2548876.6, "trend": 359.429998, "fair_value": 336.019552, "relative_strength": -2.987812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.814565, "energy": 14.547589, "activity_lines": [ 352.536662, 346.970904, 339.288329, 346.603007 ] }, { "date": "2026-05-29", "close": 350.200012, "volume": 2332649, "typical_volume": 2552834.85, "trend": 358.661665, "fair_value": 335.943893, "relative_strength": -0.556592, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.493214, "energy": 9.799725, "activity_lines": [ 350.413334, 349.644543, 340.291426, 346.007524 ] }, { "date": "2026-06-05", "close": 356.649994, "volume": 360238, "typical_volume": 2463823.8, "trend": 357.768331, "fair_value": 335.996232, "relative_strength": 1.993815, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.998576, "energy": 10.146628, "activity_lines": [ 351.086666, 352.348179, 341.969997, 345.877739 ] }, { "date": "2026-06-12", "close": 366.799988, "volume": 1009787, "typical_volume": 2408484.4, "trend": 355.68333, "fair_value": 336.152425, "relative_strength": 3.616152, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.392966, "energy": 14.641556, "activity_lines": [ 355.843329, 355.76545, 344.585234, 346.460427 ] }, { "date": "2026-06-19", "close": 384.950012, "volume": 508555, "typical_volume": 2348508.85, "trend": 354.653331, "fair_value": 336.472514, "relative_strength": 6.631949, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.838709, "energy": 41.323969, "activity_lines": [ 367.073334, 361.404544, 348.73095, 348.3486 ] }, { "date": "2026-06-26", "close": 385.350006, "volume": 0, "typical_volume": 2201988.15, "trend": 353.881664, "fair_value": 336.812685, "relative_strength": 6.306158, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.963614, "energy": 56.885296, "activity_lines": [ 375.363336, 366.150001, 352.711903, 350.32903 ] }, { "date": "2026-07-03", "close": 375.5, "volume": 191020, "typical_volume": 2109910.0, "trend": 353.264997, "fair_value": 337.035284, "relative_strength": 2.669019, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.390357, "energy": 56.398346, "activity_lines": [ 377.600002, 368.48091, 355.653808, 351.723762 ] }, { "date": "2026-07-10", "close": 366.149994, "volume": 1724513, "typical_volume": 2035294.9, "trend": 352.468331, "fair_value": 337.189188, "relative_strength": 0.40132, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 58.906729, "energy": 61.162273, "activity_lines": [ 375.033333, 368.828182, 357.650951, 352.555052 ] }, { "date": "2026-07-17", "close": 358.5, "volume": 1655830, "typical_volume": 2053970.95, "trend": 351.271664, "fair_value": 337.172365, "relative_strength": -2.033569, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.99045, "energy": 36.362674, "activity_lines": [ 369.283333, 367.802727, 358.907141, 352.944192 ] }, { "date": "2026-07-24", "close": 350.75, "volume": 1248488, "typical_volume": 1963521.05, "trend": 349.486665, "fair_value": 337.076144, "relative_strength": -1.763065, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.069048, "energy": 18.533333, "activity_lines": [ 361.503333, 365.634545, 359.335475, 352.910536 ] }, { "date": "2026-07-31", "close": 351.100006, "volume": 1090305, "typical_volume": 1897050.45, "trend": 347.976665, "fair_value": 336.911155, "relative_strength": -4.084756, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.577139, "energy": 20.414385, "activity_lines": [ 356.120001, 363.313637, 359.643571, 353.014622 ] }, { "date": "2026-08-07", "close": 378.649994, "volume": 1852105, "typical_volume": 1790673.3, "trend": 348.496665, "fair_value": 336.80984, "relative_strength": 2.917743, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.7027, "energy": 22.822503, "activity_lines": [ 362.203333, 365.869091, 362.367856, 354.993547 ] } ], "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." } } }