{ "ticker": { "uuid": "0efbcfc8-28a6-4a39-b421-7a9efe5b1a16", "symbol": "ROLEXRINGS", "name": "Rolex Rings 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 67.114, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 68.516, "architecture_energy": 44.175, "architecture_maturity": 18.038, "architecture_confidence": 82.762, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 38.94, "rotation_up": 51.48, "upward_expansion": 74.06, "deceleration": 59.2, "rotation_down": 21.38, "downward_expansion": 7.73 }, "activity_lines": [ 147.13133, 145.770908, 144.44119, 140.931226 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 0.166667 }, "latest_close": 156.679993, "trend_reference": 136.187, "distance_from_trend": 0.150477, "trend_direction": "Improving", "fair_value": 178.071731, "distance_from_fair_value": -0.12013, "fair_value_direction": "Improving", "relative_strength": 19.189596, "relative_strength_direction": "Improving", "price_momentum": 0.246361, "excess_performance": 0.29007, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.150477, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.068231, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.12013, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.057934, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.191896, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.028337, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.246361, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.99054, "read": "Demand-led" } ], "volume": { "latest": 48819610, "relative_activity": 2.707371, "balance": 1.99054, "dry_up": 1.059785, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.064536, "annualized_volatility": 0.474584, "from_high_reference": -0.109773, "from_low_reference": 0.570097 }, "levels": { "trend_reference": 136.187, "fair_value_reference": 178.071731, "structural_low": 110.07, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": -0.017006, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.016491, "regime_survival": 0.714286, "best_return": 0.058248, "worst_return": -0.12019, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.016552, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.034627, "regime_survival": 0.6, "best_return": 0.071454, "worst_return": -0.222851, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.056233, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.051531, "regime_survival": 0.333333, "best_return": 0.092259, "worst_return": -0.212454, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.093116, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.231567, "regime_survival": 0.0, "best_return": 0.15368, "worst_return": -0.339913, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-13", "end": "2024-10-11", "tenure": "Developing", "return": -0.061403, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-18", "end": "2024-11-01", "tenure": "New", "return": -0.053789, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-08", "end": "2024-11-22", "tenure": "New", "return": -0.03263, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-06-13", "tenure": "Extended", "return": -0.238824, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-08-15", "tenure": "Developing", "return": -0.065403, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-22", "end": "2025-09-12", "tenure": "New", "return": 0.007938, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-19", "end": "2025-10-10", "tenure": "New", "return": -0.02987, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-17", "end": "2026-01-02", "tenure": "Developing", "return": 0.064473, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-02-20", "tenure": "Developing", "return": 0.146595, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-27", "end": "2026-03-06", "tenure": "New", "return": -0.093971, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-04-24", "tenure": "Developing", "return": 0.347713, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-06-05", "tenure": "Developing", "return": -0.051228, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-07-17", "tenure": "Developing", "return": 0.132396, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.122028, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 219.065002, "volume": 1647070, "typical_volume": 1866636.0, "trend": 199.747834, "fair_value": 162.200565, "relative_strength": 4.679639, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.564633, "energy": 28.576226, "activity_lines": [ 216.845667, 217.448273, 210.615643, 206.079817 ] }, { "date": "2023-08-25", "close": 215.125, "volume": 845710, "typical_volume": 1871667.5, "trend": 201.200834, "fair_value": 162.695186, "relative_strength": 2.855598, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.230986, "energy": 23.184399, "activity_lines": [ 215.920667, 217.109091, 211.629024, 207.071893 ] }, { "date": "2023-09-01", "close": 219.904999, "volume": 869220, "typical_volume": 1869756.5, "trend": 202.587167, "fair_value": 163.224907, "relative_strength": 4.108823, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.568482, "energy": 25.776362, "activity_lines": [ 217.136333, 217.473909, 213.016333, 208.278613 ] }, { "date": "2023-09-08", "close": 225.684998, "volume": 1464570, "typical_volume": 1865638.5, "trend": 204.005667, "fair_value": 163.797935, "relative_strength": 4.707782, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.316955, "energy": 35.640261, "activity_lines": [ 220.277333, 218.847636, 214.829738, 209.768796 ] }, { "date": "2023-09-15", "close": 231.824997, "volume": 2716700, "typical_volume": 1905174.0, "trend": 205.149666, "fair_value": 164.416363, "relative_strength": 5.520699, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.317717, "energy": 45.860468, "activity_lines": [ 224.726332, 221.279999, 217.057381, 211.563591 ] }, { "date": "2023-09-22", "close": 221.820007, "volume": 1297660, "typical_volume": 1935884.5, "trend": 206.266333, "fair_value": 164.933513, "relative_strength": 3.710172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.623944, "energy": 45.619531, "activity_lines": [ 224.559334, 221.688637, 218.104405, 212.639097 ] }, { "date": "2023-09-29", "close": 220.190002, "volume": 1169860, "typical_volume": 1928945.5, "trend": 207.310833, "fair_value": 165.426874, "relative_strength": 3.310398, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.889995, "energy": 40.648728, "activity_lines": [ 223.665335, 221.653001, 218.830143, 213.537398 ] }, { "date": "2023-10-06", "close": 222.660004, "volume": 792530, "typical_volume": 1922930.0, "trend": 208.149167, "fair_value": 165.933362, "relative_strength": 4.582244, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.983215, "energy": 32.118809, "activity_lines": [ 223.257003, 222.123638, 219.660763, 214.527667 ] }, { "date": "2023-10-13", "close": 224.985001, "volume": 879800, "typical_volume": 1896007.5, "trend": 208.904, "fair_value": 166.451359, "relative_strength": 5.191821, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.522548, "energy": 27.819833, "activity_lines": [ 223.440003, 222.966547, 220.56612, 215.61385 ] }, { "date": "2023-10-20", "close": 229.830002, "volume": 846130, "typical_volume": 1843618.5, "trend": 210.0645, "fair_value": 167.002478, "relative_strength": 8.541544, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.186603, "energy": 33.482538, "activity_lines": [ 225.284669, 224.501638, 221.775953, 216.963915 ] }, { "date": "2023-10-27", "close": 220.419998, "volume": 1205170, "typical_volume": 1843085.0, "trend": 210.737834, "fair_value": 167.462974, "relative_strength": 6.792353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.169157, "energy": 26.795419, "activity_lines": [ 224.125667, 224.012728, 221.927644, 217.632011 ] }, { "date": "2023-11-03", "close": 221.335007, "volume": 443660, "typical_volume": 1713630.0, "trend": 211.514, "fair_value": 167.923418, "relative_strength": 6.095044, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.473953, "energy": 21.10929, "activity_lines": [ 223.365003, 223.665548, 222.043597, 218.3157 ] }, { "date": "2023-11-10", "close": 228.945007, "volume": 1106810, "typical_volume": 1484859.5, "trend": 212.686001, "fair_value": 168.440551, "relative_strength": 8.411376, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.475523, "energy": 28.147706, "activity_lines": [ 225.064671, 224.589094, 222.811502, 219.440281 ] }, { "date": "2023-11-17", "close": 228.970001, "volume": 612860, "typical_volume": 1299516.0, "trend": 213.989167, "fair_value": 168.949201, "relative_strength": 6.5428, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.684402, "energy": 27.215699, "activity_lines": [ 226.35367, 225.352821, 223.52774, 220.490862 ] }, { "date": "2023-11-24", "close": 230.125, "volume": 696860, "typical_volume": 1253452.0, "trend": 215.526834, "fair_value": 169.459, "relative_strength": 6.532894, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.149404, "energy": 31.099563, "activity_lines": [ 227.762002, 226.266821, 224.323216, 221.531883 ] }, { "date": "2023-12-01", "close": 245.145004, "volume": 1093340, "typical_volume": 1173352.5, "trend": 217.466668, "fair_value": 170.084504, "relative_strength": 10.454557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.468583, "energy": 59.602659, "activity_lines": [ 234.157336, 229.942639, 226.503669, 223.442733 ] }, { "date": "2023-12-08", "close": 238.429993, "volume": 1586210, "typical_volume": 1133581.0, "trend": 218.987167, "fair_value": 170.644713, "relative_strength": 3.604847, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.045214, "energy": 56.773192, "activity_lines": [ 236.665999, 231.973456, 227.894787, 224.795205 ] }, { "date": "2023-12-15", "close": 234.934998, "volume": 869450, "typical_volume": 1119557.5, "trend": 220.423167, "fair_value": 171.167398, "relative_strength": -0.392115, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.865994, "energy": 53.293132, "activity_lines": [ 236.869998, 233.037182, 228.881168, 225.824098 ] }, { "date": "2023-12-22", "close": 237.669998, "volume": 1305670, "typical_volume": 1140523.0, "trend": 221.944668, "fair_value": 171.703709, "relative_strength": 1.030623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.909539, "energy": 50.945363, "activity_lines": [ 237.586331, 234.375, 230.056358, 226.936796 ] }, { "date": "2023-12-29", "close": 252.020004, "volume": 1332400, "typical_volume": 1139084.0, "trend": 223.818001, "fair_value": 172.34624, "relative_strength": 4.948645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.082046, "energy": 52.48536, "activity_lines": [ 242.506, 238.091273, 232.488382, 228.877141 ] }, { "date": "2024-01-05", "close": 250.384995, "volume": 2201780, "typical_volume": 1166819.5, "trend": 225.677, "fair_value": 172.965595, "relative_strength": 4.079707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.919597, "energy": 51.180341, "activity_lines": [ 245.420998, 241.106817, 234.577024, 230.59114 ] }, { "date": "2024-01-12", "close": 248.544998, "volume": 2092160, "typical_volume": 1229142.0, "trend": 227.093667, "fair_value": 173.560708, "relative_strength": 2.233701, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.166395, "energy": 54.822897, "activity_lines": [ 247.373332, 243.242999, 236.341286, 232.066495 ] }, { "date": "2024-01-19", "close": 234.535004, "volume": 521300, "typical_volume": 1211746.0, "trend": 227.658334, "fair_value": 174.03707, "relative_strength": -2.459446, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.616439, "energy": 37.831022, "activity_lines": [ 243.981334, 242.337181, 236.61212, 232.546581 ] }, { "date": "2024-01-26", "close": 238.345001, "volume": 492180, "typical_volume": 1163126.5, "trend": 228.186167, "fair_value": 174.535581, "relative_strength": 0.131966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.722929, "energy": 26.38411, "activity_lines": [ 241.886001, 242.022454, 237.176143, 233.236044 ] }, { "date": "2024-02-02", "close": 228.320007, "volume": 2067170, "typical_volume": 1130650.0, "trend": 228.444501, "fair_value": 174.949307, "relative_strength": -6.353885, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.496783, "energy": 14.779982, "activity_lines": [ 236.404003, 239.714547, 236.72512, 233.244678 ] }, { "date": "2024-02-09", "close": 212.354996, "volume": 7257450, "typical_volume": 1428639.5, "trend": 228.400167, "fair_value": 175.234847, "relative_strength": -12.540483, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.086465, "energy": 25.875345, "activity_lines": [ 227.180334, 234.536728, 234.77031, 232.206646 ] }, { "date": "2024-02-16", "close": 218.029999, "volume": 1556110, "typical_volume": 1447952.0, "trend": 228.223334, "fair_value": 175.559053, "relative_strength": -11.084182, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.621237, "energy": 27.866375, "activity_lines": [ 222.383667, 230.986909, 233.401048, 231.537603 ] }, { "date": "2024-02-23", "close": 215.695007, "volume": 958700, "typical_volume": 1456260.5, "trend": 228.083668, "fair_value": 175.860827, "relative_strength": -12.555553, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.151777, "energy": 38.081977, "activity_lines": [ 218.843002, 227.383456, 231.819691, 230.729324 ] }, { "date": "2024-03-01", "close": 205.970001, "volume": 833840, "typical_volume": 1453962.5, "trend": 227.795834, "fair_value": 176.085522, "relative_strength": -16.751118, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.699166, "energy": 56.020569, "activity_lines": [ 213.316669, 222.361638, 229.34531, 229.302635 ] }, { "date": "2024-03-08", "close": 198.085007, "volume": 675850, "typical_volume": 1445448.5, "trend": 227.311668, "fair_value": 176.248481, "relative_strength": -20.137339, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.615082, "energy": 66.128995, "activity_lines": [ 207.320337, 216.482548, 226.210525, 227.385808 ] }, { "date": "2024-03-15", "close": 186.929993, "volume": 1676970, "typical_volume": 1469038.5, "trend": 226.240501, "fair_value": 176.327022, "relative_strength": -22.574024, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.05421, "energy": 82.098796, "activity_lines": [ 199.621334, 209.55591, 222.164525, 224.780539 ] }, { "date": "2024-03-22", "close": 184.705002, "volume": 1554440, "typical_volume": 1524577.5, "trend": 225.226501, "fair_value": 176.388175, "relative_strength": -23.326086, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.523668, "energy": 85.59441, "activity_lines": [ 192.875667, 203.378456, 218.066096, 222.100829 ] }, { "date": "2024-03-29", "close": 174.850006, "volume": 2610100, "typical_volume": 1599742.0, "trend": 223.724668, "fair_value": 176.377029, "relative_strength": -27.693038, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.130774, "energy": 90.896768, "activity_lines": [ 185.066669, 196.569911, 213.203525, 218.850732 ] }, { "date": "2024-04-05", "close": 187.729996, "volume": 2953110, "typical_volume": 1716754.5, "trend": 222.459501, "fair_value": 176.458705, "relative_strength": -22.610275, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.907633, "energy": 82.938723, "activity_lines": [ 184.274, 193.188365, 209.825215, 216.528496 ] }, { "date": "2024-04-12", "close": 189.585007, "volume": 892600, "typical_volume": 1726541.5, "trend": 221.051502, "fair_value": 176.552464, "relative_strength": -21.52205, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.544714, "energy": 72.93943, "activity_lines": [ 185.315669, 191.064366, 206.819954, 214.40756 ] }, { "date": "2024-04-19", "close": 187.485001, "volume": 1167510, "typical_volume": 1730250.0, "trend": 219.907001, "fair_value": 176.63, "relative_strength": -20.758476, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.728968, "energy": 54.618936, "activity_lines": [ 186.224002, 189.26282, 203.80774, 212.24198 ] }, { "date": "2024-04-26", "close": 187.199997, "volume": 1335640, "typical_volume": 1717721.5, "trend": 218.807334, "fair_value": 176.704436, "relative_strength": -21.583094, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.542392, "energy": 46.309502, "activity_lines": [ 187.000334, 187.861637, 201.042954, 210.13185 ] }, { "date": "2024-05-03", "close": 189.324997, "volume": 911570, "typical_volume": 1719827.5, "trend": 217.696168, "fair_value": 176.792692, "relative_strength": -20.614485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.116436, "energy": 40.296467, "activity_lines": [ 188.318666, 187.407364, 198.724501, 208.229764 ] }, { "date": "2024-05-10", "close": 196.889999, "volume": 1880550, "typical_volume": 1748571.5, "trend": 216.759668, "fair_value": 176.932257, "relative_strength": -15.62305, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.736988, "energy": 35.755309, "activity_lines": [ 191.193666, 188.808, 197.343715, 206.887431 ] }, { "date": "2024-05-17", "close": 230.350006, "volume": 1928410, "typical_volume": 1778372.0, "trend": 216.777001, "fair_value": 177.300655, "relative_strength": -3.038852, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 0.322132, "energy": 15.535776, "activity_lines": [ 204.611334, 196.457364, 199.343787, 207.764227 ] }, { "date": "2024-05-24", "close": 241.740005, "volume": 5029220, "typical_volume": 1919744.0, "trend": 217.487668, "fair_value": 177.74202, "relative_strength": -0.447935, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.807224, "energy": 41.557759, "activity_lines": [ 219.108002, 205.591002, 202.531811, 209.374743 ] }, { "date": "2024-05-31", "close": 234.789993, "volume": 731810, "typical_volume": 1851726.5, "trend": 217.936167, "fair_value": 178.130102, "relative_strength": -1.454276, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.400705, "energy": 45.324293, "activity_lines": [ 227.671, 212.464455, 205.099096, 210.491022 ] }, { "date": "2024-06-07", "close": 238.910004, "volume": 744560, "typical_volume": 1862889.5, "trend": 218.268334, "fair_value": 178.540777, "relative_strength": -2.95497, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.764607, "energy": 47.220927, "activity_lines": [ 234.434668, 219.176364, 208.124263, 211.844173 ] }, { "date": "2024-06-14", "close": 249.884995, "volume": 1030480, "typical_volume": 1889804.5, "trend": 218.9655, "fair_value": 179.019597, "relative_strength": 0.798366, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.91753, "energy": 70.172302, "activity_lines": [ 241.550999, 226.719, 212.173834, 213.883958 ] }, { "date": "2024-06-21", "close": 251.035004, "volume": 864220, "typical_volume": 1829657.0, "trend": 219.662501, "fair_value": 179.4997, "relative_strength": 1.289199, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.057982, "energy": 68.56447, "activity_lines": [ 245.517667, 233.340637, 216.277977, 215.952958 ] }, { "date": "2024-06-28", "close": 249.770004, "volume": 1572910, "typical_volume": 1545430.0, "trend": 219.816667, "fair_value": 179.965066, "relative_strength": -1.144626, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.189864, "energy": 57.758854, "activity_lines": [ 247.683668, 238.615001, 220.153477, 217.895377 ] }, { "date": "2024-07-05", "close": 251.695007, "volume": 604500, "typical_volume": 1497849.5, "trend": 220.258834, "fair_value": 180.436974, "relative_strength": -1.474413, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.607158, "energy": 54.275291, "activity_lines": [ 249.956004, 243.106911, 224.034144, 219.952044 ] }, { "date": "2024-07-12", "close": 242.214996, "volume": 3559280, "typical_volume": 1627878.5, "trend": 220.501501, "fair_value": 180.840752, "relative_strength": -5.696309, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 61.998806, "energy": 47.518897, "activity_lines": [ 247.941335, 244.702547, 226.851644, 221.368571 ] }, { "date": "2024-07-19", "close": 225.955002, "volume": 467700, "typical_volume": 1609571.5, "trend": 220.111001, "fair_value": 181.133701, "relative_strength": -11.790238, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.541358, "energy": 32.218613, "activity_lines": [ 240.286335, 242.380183, 227.994287, 221.72041 ] }, { "date": "2024-07-26", "close": 240.470001, "volume": 1447300, "typical_volume": 1648144.0, "trend": 219.726001, "fair_value": 181.516516, "relative_strength": -7.014207, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.055745, "energy": 25.834659, "activity_lines": [ 239.065001, 242.168456, 230.424144, 223.033894 ] }, { "date": "2024-08-02", "close": 249.559998, "volume": 811940, "typical_volume": 1604892.5, "trend": 219.698501, "fair_value": 181.952692, "relative_strength": -2.880573, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.500407, "energy": 25.996848, "activity_lines": [ 241.578, 243.425455, 233.517882, 224.958668 ] }, { "date": "2024-08-09", "close": 233.949997, "volume": 682000, "typical_volume": 1561270.5, "trend": 219.212001, "fair_value": 182.71359, "relative_strength": -7.417041, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.747599, "energy": 18.974515, "activity_lines": [ 238.901665, 241.702091, 234.826715, 225.878119 ] }, { "date": "2024-08-16", "close": 222.589996, "volume": 601620, "typical_volume": 1460846.5, "trend": 218.813834, "fair_value": 183.440833, "relative_strength": -12.165446, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.412257, "energy": 14.430036, "activity_lines": [ 233.621664, 237.928545, 234.819143, 226.096054 ] }, { "date": "2024-08-23", "close": 240.610001, "volume": 1611350, "typical_volume": 1393758.5, "trend": 218.889334, "fair_value": 184.281314, "relative_strength": -5.875086, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.40375, "energy": 18.149586, "activity_lines": [ 235.656665, 237.72809, 236.300429, 227.502258 ] }, { "date": "2024-08-30", "close": 246.434998, "volume": 2297780, "typical_volume": 1464017.5, "trend": 219.493167, "fair_value": 185.16359, "relative_strength": -4.897954, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.248914, "energy": 19.779932, "activity_lines": [ 238.656332, 238.755363, 238.084666, 229.279398 ] }, { "date": "2024-09-06", "close": 250.389999, "volume": 1423370, "typical_volume": 1476810.5, "trend": 220.761001, "fair_value": 186.067692, "relative_strength": -1.637991, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.276402, "energy": 30.316135, "activity_lines": [ 242.576665, 240.585362, 239.974857, 231.272742 ] }, { "date": "2024-09-13", "close": 249.580002, "volume": 1235700, "typical_volume": 1471813.5, "trend": 221.812667, "fair_value": 186.979936, "relative_strength": -3.609887, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.66682, "energy": 42.100075, "activity_lines": [ 246.171667, 242.256817, 241.488357, 233.132032 ] }, { "date": "2024-09-20", "close": 244.820007, "volume": 928090, "typical_volume": 1472639.5, "trend": 222.783501, "fair_value": 187.874615, "relative_strength": -6.727923, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.259999, "energy": 41.040392, "activity_lines": [ 247.138002, 243.101273, 242.251477, 234.616377 ] }, { "date": "2024-09-27", "close": 265.035004, "volume": 1077380, "typical_volume": 1432481.0, "trend": 224.752334, "fair_value": 188.874423, "relative_strength": -0.317914, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.031029, "energy": 55.21762, "activity_lines": [ 253.36067, 247.57382, 244.675572, 237.34228 ] }, { "date": "2024-10-04", "close": 239.789993, "volume": 774150, "typical_volume": 1374768.0, "trend": 226.1425, "fair_value": 189.727115, "relative_strength": -5.302282, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.632683, "energy": 30.472516, "activity_lines": [ 249.54, 246.745818, 244.370881, 238.312452 ] }, { "date": "2024-10-11", "close": 234.255005, "volume": 903960, "typical_volume": 1168505.0, "trend": 227.720001, "fair_value": 190.544615, "relative_strength": -6.946702, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.804762, "energy": 15.903385, "activity_lines": [ 244.317335, 244.923819, 243.494096, 238.835839 ] }, { "date": "2024-10-18", "close": 229.695007, "volume": 319980, "typical_volume": 1147913.5, "trend": 229.219668, "fair_value": 191.333429, "relative_strength": -7.911199, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.59639, "energy": 9.014975, "activity_lines": [ 238.650337, 242.551002, 242.218668, 238.963259 ] }, { "date": "2024-10-25", "close": 207.535004, "volume": 590350, "typical_volume": 1140203.0, "trend": 230.309168, "fair_value": 191.915994, "relative_strength": -13.98617, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.672499, "energy": 31.663651, "activity_lines": [ 226.922337, 236.226457, 238.857025, 237.564249 ] }, { "date": "2024-11-01", "close": 217.339996, "volume": 313510, "typical_volume": 1104354.5, "trend": 231.296168, "fair_value": 192.550545, "relative_strength": -9.93475, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.156279, "energy": 45.107475, "activity_lines": [ 220.948335, 231.958365, 236.578596, 236.727528 ] }, { "date": "2024-11-08", "close": 206.100006, "volume": 1124910, "typical_volume": 1117389.0, "trend": 231.846667, "fair_value": 193.126571, "relative_strength": -13.495595, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.193002, "energy": 59.588958, "activity_lines": [ 214.407336, 226.06973, 233.384668, 235.101969 ] }, { "date": "2024-11-15", "close": 202.345001, "volume": 468390, "typical_volume": 1062163.0, "trend": 232.342001, "fair_value": 193.693141, "relative_strength": -12.336771, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.389948, "energy": 64.114174, "activity_lines": [ 208.860669, 220.23173, 230.047097, 233.198636 ] }, { "date": "2024-11-22", "close": 199.375, "volume": 340110, "typical_volume": 1048943.5, "trend": 232.747834, "fair_value": 194.292468, "relative_strength": -14.425396, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.792439, "energy": 73.394259, "activity_lines": [ 204.451335, 214.727275, 226.652501, 231.071732 ] }, { "date": "2024-11-29", "close": 202.554993, "volume": 443960, "typical_volume": 893177.5, "trend": 233.188834, "fair_value": 194.869808, "relative_strength": -13.233248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.625578, "energy": 70.097545, "activity_lines": [ 203.123332, 210.713818, 223.809905, 229.123807 ] }, { "date": "2024-12-06", "close": 201.764999, "volume": 1174400, "typical_volume": 928512.5, "trend": 233.351334, "fair_value": 195.442308, "relative_strength": -14.946255, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.392761, "energy": 63.822327, "activity_lines": [ 201.863998, 207.325182, 221.080929, 227.096463 ] }, { "date": "2024-12-13", "close": 213.520004, "volume": 1484660, "typical_volume": 930380.5, "trend": 232.790334, "fair_value": 196.074423, "relative_strength": -9.900102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.777618, "energy": 42.539188, "activity_lines": [ 205.561333, 207.224182, 219.586668, 225.817022 ] }, { "date": "2024-12-20", "close": 193.990005, "volume": 575140, "typical_volume": 918540.5, "trend": 231.198667, "fair_value": 196.586474, "relative_strength": -13.537991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.579328, "energy": 44.122889, "activity_lines": [ 202.254002, 204.04991, 216.360739, 223.313775 ] }, { "date": "2024-12-27", "close": 188.360001, "volume": 482960, "typical_volume": 908588.5, "trend": 229.651001, "fair_value": 197.048942, "relative_strength": -16.219151, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.29058, "energy": 50.705369, "activity_lines": [ 197.627002, 200.584092, 212.863239, 220.54999 ] }, { "date": "2025-01-03", "close": 188.285004, "volume": 662370, "typical_volume": 911626.0, "trend": 227.963501, "fair_value": 197.433654, "relative_strength": -16.291067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.370124, "energy": 59.562105, "activity_lines": [ 193.709336, 197.856183, 209.575692, 217.881216 ] }, { "date": "2025-01-10", "close": 180.514999, "volume": 743110, "typical_volume": 868214.0, "trend": 225.651168, "fair_value": 197.729776, "relative_strength": -17.161886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.085511, "energy": 78.686758, "activity_lines": [ 188.153002, 194.065547, 205.711501, 214.820023 ] }, { "date": "2025-01-17", "close": 177.949997, "volume": 457720, "typical_volume": 776211.0, "trend": 223.215001, "fair_value": 198.027436, "relative_strength": -16.990039, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.110037, "energy": 80.190012, "activity_lines": [ 183.158333, 190.478091, 201.889191, 211.742528 ] }, { "date": "2025-01-24", "close": 172.475006, "volume": 312010, "typical_volume": 720643.0, "trend": 220.638501, "fair_value": 198.351987, "relative_strength": -18.530957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.174452, "energy": 83.894577, "activity_lines": [ 178.710002, 186.407002, 197.871573, 208.46898 ] }, { "date": "2025-01-31", "close": 179.830002, "volume": 421380, "typical_volume": 679927.0, "trend": 218.243001, "fair_value": 198.666827, "relative_strength": -16.068058, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.51684, "energy": 73.509051, "activity_lines": [ 178.147668, 184.216274, 194.925454, 205.836173 ] }, { "date": "2025-02-07", "close": 169.994995, "volume": 2075940, "typical_volume": 737319.5, "trend": 215.835667, "fair_value": 198.949231, "relative_strength": -20.406466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.722593, "energy": 79.672873, "activity_lines": [ 174.875666, 180.592728, 191.37481, 202.723399 ] }, { "date": "2025-02-14", "close": 149.089996, "volume": 603620, "typical_volume": 713631.5, "trend": 213.273501, "fair_value": 199.122789, "relative_strength": -27.754783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.344574, "energy": 86.463047, "activity_lines": [ 165.854665, 173.760272, 186.189524, 198.417226 ] }, { "date": "2025-02-21", "close": 153.139999, "volume": 1852690, "typical_volume": 767558.5, "trend": 210.3625, "fair_value": 199.330064, "relative_strength": -24.877809, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.778309, "energy": 80.29863, "activity_lines": [ 160.278665, 168.621908, 181.942072, 194.537646 ] }, { "date": "2025-02-28", "close": 141.464996, "volume": 398690, "typical_volume": 742295.0, "trend": 206.759334, "fair_value": 199.476026, "relative_strength": -28.062453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.831327, "energy": 88.522997, "activity_lines": [ 152.464997, 162.458635, 176.995333, 190.092645 ] }, { "date": "2025-03-07", "close": 142.570007, "volume": 846390, "typical_volume": 768615.5, "trend": 203.713334, "fair_value": 199.609583, "relative_strength": -28.491373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.683346, "energy": 84.639491, "activity_lines": [ 147.087, 157.451273, 172.595691, 185.951398 ] }, { "date": "2025-03-14", "close": 135.320007, "volume": 2268300, "typical_volume": 852513.0, "trend": 200.804334, "fair_value": 199.674872, "relative_strength": -31.29154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.238498, "energy": 86.748853, "activity_lines": [ 141.776336, 151.958274, 167.920453, 181.538926 ] }, { "date": "2025-03-21", "close": 135.050003, "volume": 1452000, "typical_volume": 909437.5, "trend": 197.285668, "fair_value": 199.790513, "relative_strength": -33.855299, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.674311, "energy": 87.087037, "activity_lines": [ 138.687337, 147.379183, 163.563382, 177.296711 ] }, { "date": "2025-03-28", "close": 127.910004, "volume": 3116440, "typical_volume": 1009014.0, "trend": 193.334835, "fair_value": 199.781955, "relative_strength": -37.473288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.123183, "energy": 82.465718, "activity_lines": [ 134.154338, 142.328548, 158.918168, 172.820862 ] }, { "date": "2025-04-04", "close": 132.309998, "volume": 948380, "typical_volume": 1033013.5, "trend": 189.398835, "fair_value": 199.821955, "relative_strength": -33.207741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.29555, "energy": 67.003342, "activity_lines": [ 132.770002, 138.987729, 155.064334, 168.883775 ] }, { "date": "2025-04-11", "close": 133.335007, "volume": 1110090, "typical_volume": 1071512.5, "trend": 185.524001, "fair_value": 199.835834, "relative_strength": -32.077152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.354614, "energy": 64.1651, "activity_lines": [ 132.33767, 136.563548, 151.641621, 165.266754 ] }, { "date": "2025-04-18", "close": 133.539993, "volume": 390440, "typical_volume": 1068836.5, "trend": 181.814668, "fair_value": 199.884167, "relative_strength": -34.470597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.278498, "energy": 60.804518, "activity_lines": [ 132.589333, 135.022001, 148.552906, 161.912947 ] }, { "date": "2025-04-25", "close": 134.679993, "volume": 1021580, "typical_volume": 1061195.5, "trend": 177.469501, "fair_value": 199.962148, "relative_strength": -34.019217, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.057908, "energy": 54.176976, "activity_lines": [ 133.339664, 134.350545, 145.901405, 158.872 ] }, { "date": "2025-05-02", "close": 128.449997, "volume": 639500, "typical_volume": 1018937.5, "trend": 173.758167, "fair_value": 200.00891, "relative_strength": -37.419622, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.790961, "energy": 54.435559, "activity_lines": [ 132.037997, 132.808363, 142.976024, 155.709452 ] }, { "date": "2025-05-09", "close": 126.220001, "volume": 1534210, "typical_volume": 1066891.0, "trend": 170.157001, "fair_value": 200.074648, "relative_strength": -37.112094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.733824, "energy": 53.602832, "activity_lines": [ 129.956998, 131.309636, 140.243357, 152.642473 ] }, { "date": "2025-05-16", "close": 153.389999, "volume": 1778960, "typical_volume": 1131691.0, "trend": 167.6135, "fair_value": 200.24734, "relative_strength": -25.963438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.182076, "energy": 32.711642, "activity_lines": [ 137.338665, 135.02809, 140.421024, 151.560731 ] }, { "date": "2025-05-23", "close": 146.789993, "volume": 798220, "typical_volume": 1138483.5, "trend": 165.588667, "fair_value": 200.365032, "relative_strength": -27.899751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.996797, "energy": 24.17715, "activity_lines": [ 141.18333, 137.349816, 140.136642, 150.217279 ] }, { "date": "2025-05-30", "close": 160.289993, "volume": 2454850, "typical_volume": 1224070.5, "trend": 163.687, "fair_value": 200.45516, "relative_strength": -20.203983, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 4.041922, "energy": 17.74658, "activity_lines": [ 148.644662, 141.917542, 141.33557, 149.875429 ] }, { "date": "2025-06-06", "close": 160.330002, "volume": 1299040, "typical_volume": 1266136.5, "trend": 162.161333, "fair_value": 200.496058, "relative_strength": -20.263062, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.001997, "energy": 28.811336, "activity_lines": [ 154.411997, 146.033634, 142.634618, 149.658849 ] }, { "date": "2025-06-13", "close": 154.179993, "volume": 638320, "typical_volume": 1282452.0, "trend": 160.555833, "fair_value": 200.590609, "relative_strength": -21.61232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.03981, "energy": 25.022188, "activity_lines": [ 156.003996, 148.442087, 143.431855, 149.143924 ] }, { "date": "2025-06-20", "close": 146.630005, "volume": 791790, "typical_volume": 1300972.5, "trend": 158.797666, "fair_value": 200.479455, "relative_strength": -25.75087, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.764929, "energy": 20.336943, "activity_lines": [ 153.215332, 149.08018, 143.597165, 148.245483 ] }, { "date": "2025-06-27", "close": 161.580002, "volume": 1892350, "typical_volume": 1291793.0, "trend": 157.431833, "fair_value": 200.472821, "relative_strength": -19.04569, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 10.108448, "energy": 27.206625, "activity_lines": [ 155.860667, 152.194726, 145.34438, 148.424989 ] }, { "date": "2025-07-04", "close": 154.399994, "volume": 896000, "typical_volume": 1306412.0, "trend": 155.853, "fair_value": 200.332821, "relative_strength": -21.272816, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.693795, "energy": 12.871344, "activity_lines": [ 155.126665, 153.493998, 146.447856, 148.229386 ] }, { "date": "2025-07-11", "close": 152.679993, "volume": 883760, "typical_volume": 1257965.5, "trend": 153.824999, "fair_value": 200.207981, "relative_strength": -20.428869, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.757448, "energy": 13.291139, "activity_lines": [ 154.211997, 154.121997, 147.362236, 148.024676 ] }, { "date": "2025-07-18", "close": 149.149994, "volume": 745360, "typical_volume": 1275299.0, "trend": 152.330332, "fair_value": 200.021571, "relative_strength": -21.059498, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.509795, "energy": 12.470419, "activity_lines": [ 152.630662, 153.667633, 147.942616, 147.723063 ] }, { "date": "2025-07-25", "close": 147.360001, "volume": 882160, "typical_volume": 1277087.5, "trend": 150.963666, "fair_value": 199.753686, "relative_strength": -20.839928, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.305833, "energy": 6.827348, "activity_lines": [ 150.787997, 152.470906, 148.315926, 147.402396 ] }, { "date": "2025-08-01", "close": 141.089996, "volume": 488690, "typical_volume": 1188107.0, "trend": 149.390499, "fair_value": 199.529199, "relative_strength": -22.504442, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.718651, "energy": 14.164856, "activity_lines": [ 146.806663, 150.243815, 148.069283, 146.765385 ] }, { "date": "2025-08-08", "close": 141.440002, "volume": 402470, "typical_volume": 1135630.5, "trend": 148.087999, "fair_value": 199.306603, "relative_strength": -20.888804, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.986618, "energy": 18.824821, "activity_lines": [ 144.307999, 148.183998, 147.828498, 146.25245 ] }, { "date": "2025-08-15", "close": 137.039993, "volume": 672820, "typical_volume": 1013449.5, "trend": 146.724332, "fair_value": 199.012917, "relative_strength": -23.48071, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -35.526673, "energy": 36.197839, "activity_lines": [ 141.206664, 145.666906, 147.138235, 145.539675 ] }, { "date": "2025-08-22", "close": 138.570007, "volume": 573190, "typical_volume": 994690.0, "trend": 145.594166, "fair_value": 198.754103, "relative_strength": -22.524831, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.118941, "energy": 42.783467, "activity_lines": [ 139.658, 143.851453, 146.550212, 145.01359 ] }, { "date": "2025-08-29", "close": 136.179993, "volume": 1081550, "typical_volume": 993263.0, "trend": 144.139165, "fair_value": 198.42516, "relative_strength": -21.601032, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.927614, "energy": 47.516195, "activity_lines": [ 138.017998, 141.88527, 145.70476, 144.406224 ] }, { "date": "2025-09-05", "close": 138.690002, "volume": 4376610, "typical_volume": 1192571.5, "trend": 143.095665, "fair_value": 198.051923, "relative_strength": -20.205357, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.946483, "energy": 42.62666, "activity_lines": [ 137.959999, 140.565453, 145.084808, 144.054665 ] }, { "date": "2025-09-12", "close": 139.669998, "volume": 1590900, "typical_volume": 1221037.5, "trend": 142.781666, "fair_value": 197.688462, "relative_strength": -19.896209, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.87954, "energy": 27.187942, "activity_lines": [ 138.388666, 139.839999, 144.533665, 143.833654 ] }, { "date": "2025-09-19", "close": 137.929993, "volume": 2755670, "typical_volume": 1326846.0, "trend": 142.274665, "fair_value": 197.269039, "relative_strength": -20.670418, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.256337, "energy": 20.677969, "activity_lines": [ 138.35533, 139.065998, 143.793045, 143.520643 ] }, { "date": "2025-09-26", "close": 132.740005, "volume": 1367630, "typical_volume": 1318517.0, "trend": 141.983832, "fair_value": 196.787051, "relative_strength": -20.518063, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.285469, "energy": 31.720767, "activity_lines": [ 136.532666, 137.616545, 142.512998, 142.905504 ] }, { "date": "2025-10-03", "close": 129.779999, "volume": 3090590, "typical_volume": 1384098.5, "trend": 141.557499, "fair_value": 196.245481, "relative_strength": -22.070805, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -45.094002, "energy": 50.103666, "activity_lines": [ 134.111999, 135.927272, 140.919998, 142.11816 ] }, { "date": "2025-10-10", "close": 133.809998, "volume": 4940420, "typical_volume": 1591208.5, "trend": 141.507165, "fair_value": 195.825064, "relative_strength": -19.952173, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.661818, "energy": 47.038382, "activity_lines": [ 133.461332, 135.290363, 139.823237, 141.618321 ] }, { "date": "2025-10-17", "close": 126.099998, "volume": 6191670, "typical_volume": 1778049.5, "trend": 141.208832, "fair_value": 195.344295, "relative_strength": -24.862047, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.603078, "energy": 71.177593, "activity_lines": [ 130.565999, 133.383999, 138.053998, 140.62431 ] }, { "date": "2025-10-24", "close": 126.800003, "volume": 1833117, "typical_volume": 1804753.35, "trend": 141.171831, "fair_value": 194.845257, "relative_strength": -23.872376, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.628082, "energy": 69.241238, "activity_lines": [ 128.808667, 131.883818, 136.514237, 139.694708 ] }, { "date": "2025-10-31", "close": 122.0, "volume": 2162334, "typical_volume": 1880954.05, "trend": 140.828165, "fair_value": 194.363558, "relative_strength": -25.615851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.148006, "energy": 71.624947, "activity_lines": [ 126.193333, 129.697091, 134.676999, 138.457816 ] }, { "date": "2025-11-07", "close": 114.169998, "volume": 2185283, "typical_volume": 1950628.7, "trend": 140.189331, "fair_value": 193.850609, "relative_strength": -28.892478, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.543525, "energy": 83.296336, "activity_lines": [ 121.684, 126.387999, 132.247285, 136.737934 ] }, { "date": "2025-11-14", "close": 110.57, "volume": 2021227, "typical_volume": 1957072.55, "trend": 139.423665, "fair_value": 193.319936, "relative_strength": -31.336966, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.047312, "energy": 88.702602, "activity_lines": [ 117.015333, 122.824545, 129.629285, 134.82701 ] }, { "date": "2025-11-21", "close": 102.739998, "volume": 2342739, "typical_volume": 2029409.5, "trend": 138.358998, "fair_value": 192.729551, "relative_strength": -35.711348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.203074, "energy": 94.461434, "activity_lines": [ 111.285999, 118.348727, 126.508475, 132.460321 ] }, { "date": "2025-11-28", "close": 102.019997, "volume": 5746401, "typical_volume": 2272541.55, "trend": 137.477998, "fair_value": 192.169167, "relative_strength": -35.580848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.521985, "energy": 92.773467, "activity_lines": [ 106.873998, 114.413453, 123.565094, 130.11587 ] }, { "date": "2025-12-05", "close": 109.150002, "volume": 4490894, "typical_volume": 2459818.25, "trend": 136.908998, "fair_value": 191.670737, "relative_strength": -30.144472, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.759725, "energy": 86.433105, "activity_lines": [ 106.490666, 112.427454, 121.541999, 128.288257 ] }, { "date": "2025-12-12", "close": 133.300003, "volume": 76294069, "typical_volume": 6230413.7, "trend": 136.239332, "fair_value": 191.350353, "relative_strength": -13.252295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.435289, "energy": 43.42904, "activity_lines": [ 115.014001, 115.261273, 122.009381, 128.055419 ] }, { "date": "2025-12-19", "close": 127.230003, "volume": 7409952, "typical_volume": 6576476.8, "trend": 135.587332, "fair_value": 191.05218, "relative_strength": -16.035718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.410429, "energy": 24.257081, "activity_lines": [ 120.238668, 116.927455, 121.965619, 127.474172 ] }, { "date": "2025-12-26", "close": 125.900002, "volume": 6495737, "typical_volume": 6881140.15, "trend": 134.440999, "fair_value": 190.702628, "relative_strength": -16.307392, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.316518, "energy": 27.853096, "activity_lines": [ 123.909335, 118.471456, 121.861191, 126.849182 ] }, { "date": "2026-01-02", "close": 134.229996, "volume": 6314683, "typical_volume": 7163233.3, "trend": 133.570999, "fair_value": 190.424167, "relative_strength": -10.925992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.248557, "energy": 25.035708, "activity_lines": [ 128.812667, 121.533637, 122.624095, 126.835569 ] }, { "date": "2026-01-09", "close": 123.059998, "volume": 4736691, "typical_volume": 7371408.35, "trend": 132.533666, "fair_value": 190.045225, "relative_strength": -15.459416, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.361364, "energy": 18.800469, "activity_lines": [ 127.845333, 122.429818, 122.336571, 126.15744 ] }, { "date": "2026-01-16", "close": 119.470001, "volume": 2346357, "typical_volume": 7434648.7, "trend": 131.628332, "fair_value": 189.656539, "relative_strength": -17.11175, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.906784, "energy": 14.887085, "activity_lines": [ 124.753999, 122.654, 121.781, 125.314623 ] }, { "date": "2026-01-23", "close": 119.919998, "volume": 2922216, "typical_volume": 7361929.0, "trend": 130.239666, "fair_value": 189.325673, "relative_strength": -13.862983, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.566351, "energy": 13.889942, "activity_lines": [ 122.734665, 122.863636, 121.347857, 124.559247 ] }, { "date": "2026-01-30", "close": 121.199997, "volume": 1558844, "typical_volume": 7360326.2, "trend": 129.132999, "fair_value": 188.959551, "relative_strength": -13.017099, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.760767, "energy": 19.935343, "activity_lines": [ 121.629331, 123.135999, 121.125999, 123.976042 ] }, { "date": "2026-02-06", "close": 125.709999, "volume": 3104006, "typical_volume": 7377743.0, "trend": 128.233999, "fair_value": 188.591474, "relative_strength": -10.36265, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.719914, "energy": 15.160023, "activity_lines": [ 122.340665, 123.892726, 121.421618, 123.755204 ] }, { "date": "2026-02-13", "close": 138.320007, "volume": 17271513, "typical_volume": 8172937.15, "trend": 127.873, "fair_value": 188.212083, "relative_strength": -0.132063, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.725636, "energy": 11.373574, "activity_lines": [ 127.823335, 126.511455, 122.976381, 124.405914 ] }, { "date": "2026-02-20", "close": 141.100006, "volume": 5806974, "typical_volume": 8308756.35, "trend": 127.664333, "fair_value": 187.909391, "relative_strength": 1.908594, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.088826, "energy": 38.165395, "activity_lines": [ 133.215336, 129.105274, 124.769334, 125.259269 ] }, { "date": "2026-02-27", "close": 134.509995, "volume": 3175331, "typical_volume": 8220501.9, "trend": 127.445, "fair_value": 187.561026, "relative_strength": -0.966257, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.128612, "energy": 43.027901, "activity_lines": [ 134.968668, 130.359091, 125.880762, 125.700925 ] }, { "date": "2026-03-06", "close": 121.870003, "volume": 2002017, "typical_volume": 8011019.25, "trend": 126.792666, "fair_value": 187.076154, "relative_strength": -7.157562, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.563102, "energy": 29.495719, "activity_lines": [ 131.536002, 129.182365, 125.785048, 125.341248 ] }, { "date": "2026-03-13", "close": 115.209999, "volume": 2621433, "typical_volume": 8050435.05, "trend": 126.065, "fair_value": 186.517628, "relative_strength": -6.950151, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.475672, "energy": 6.355977, "activity_lines": [ 125.838667, 126.868001, 125.075191, 124.593979 ] }, { "date": "2026-03-20", "close": 119.139999, "volume": 1934629, "typical_volume": 8039049.8, "trend": 125.417333, "fair_value": 186.03125, "relative_strength": -3.405135, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.223406, "energy": 15.696208, "activity_lines": [ 122.151333, 125.614, 124.79481, 124.147204 ] }, { "date": "2026-03-27", "close": 115.330002, "volume": 2455533, "typical_volume": 8052562.3, "trend": 124.722333, "fair_value": 185.487084, "relative_strength": -5.154338, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.662899, "energy": 34.979707, "activity_lines": [ 118.472667, 123.738546, 124.165191, 123.496409 ] }, { "date": "2026-04-03", "close": 118.199997, "volume": 1022493, "typical_volume": 8002625.6, "trend": 124.039333, "fair_value": 184.975225, "relative_strength": -2.136086, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.81933, "energy": 36.621847, "activity_lines": [ 117.468666, 122.460182, 123.803381, 123.075613 ] }, { "date": "2026-04-10", "close": 131.789993, "volume": 3775978, "typical_volume": 8074287.55, "trend": 123.776666, "fair_value": 184.577821, "relative_strength": 3.182353, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.429836, "energy": 9.409197, "activity_lines": [ 122.081997, 123.683999, 124.699523, 123.575656 ] }, { "date": "2026-04-17", "close": 136.350006, "volume": 1678727, "typical_volume": 7870903.85, "trend": 123.724, "fair_value": 184.234712, "relative_strength": 5.424554, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.174358, "energy": 21.377348, "activity_lines": [ 127.554, 125.544363, 125.891619, 124.386839 ] }, { "date": "2026-04-24", "close": 155.270004, "volume": 228270737, "typical_volume": 19059896.0, "trend": 124.475, "fair_value": 184.050577, "relative_strength": 21.946971, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 72.839679, "energy": 57.417111, "activity_lines": [ 137.923335, 130.651273, 128.722143, 126.422065 ] }, { "date": "2026-05-01", "close": 145.820007, "volume": 13793049, "typical_volume": 15934845.0, "trend": 125.009667, "fair_value": 183.786923, "relative_strength": 13.721119, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.187252, "energy": 62.644918, "activity_lines": [ 142.734003, 133.73182, 130.433049, 127.799162 ] }, { "date": "2026-05-08", "close": 150.839996, "volume": 9687929, "typical_volume": 16048743.85, "trend": 125.577334, "fair_value": 183.517853, "relative_strength": 16.3559, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.510821, "energy": 73.502625, "activity_lines": [ 147.185335, 137.639274, 132.562429, 129.465635 ] }, { "date": "2026-05-15", "close": 148.279999, "volume": 5572035, "typical_volume": 16002558.75, "trend": 126.316667, "fair_value": 183.238526, "relative_strength": 16.898972, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.734326, "energy": 73.387039, "activity_lines": [ 148.607334, 140.784364, 134.335572, 130.930323 ] }, { "date": "2026-05-22", "close": 143.440002, "volume": 4992958, "typical_volume": 15936472.5, "trend": 126.871334, "fair_value": 182.927084, "relative_strength": 12.664911, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.07814, "energy": 60.905215, "activity_lines": [ 147.316667, 142.569274, 135.541191, 132.035054 ] }, { "date": "2026-05-29", "close": 140.509995, "volume": 5427340, "typical_volume": 15971004.95, "trend": 127.488333, "fair_value": 182.572532, "relative_strength": 11.370722, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.735341, "energy": 39.093437, "activity_lines": [ 144.576665, 143.308182, 136.423905, 132.914968 ] }, { "date": "2026-06-05", "close": 138.350006, "volume": 801386, "typical_volume": 15893756.4, "trend": 128.294334, "fair_value": 182.211859, "relative_strength": 10.703674, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.213726, "energy": 26.599746, "activity_lines": [ 142.100667, 143.265819, 137.01781, 133.615721 ] }, { "date": "2026-06-12", "close": 139.429993, "volume": 886340, "typical_volume": 15791962.6, "trend": 129.256333, "fair_value": 181.78484, "relative_strength": 10.490968, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.299327, "energy": 19.571469, "activity_lines": [ 140.482665, 143.001272, 137.624667, 134.334151 ] }, { "date": "2026-06-19", "close": 143.229996, "volume": 1093800, "typical_volume": 15768710.4, "trend": 130.606, "fair_value": 181.308141, "relative_strength": 11.607415, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.01003, "energy": 18.690932, "activity_lines": [ 140.891997, 143.041635, 138.500523, 135.235677 ] }, { "date": "2026-06-26", "close": 148.070007, "volume": 0, "typical_volume": 15613510.1, "trend": 132.141, "fair_value": 180.830962, "relative_strength": 15.234111, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.359297, "energy": 26.649308, "activity_lines": [ 143.251334, 143.754, 139.732429, 136.362387 ] }, { "date": "2026-07-03", "close": 142.020004, "volume": 1257231, "typical_volume": 14812796.0, "trend": 133.236667, "fair_value": 180.327436, "relative_strength": 9.631318, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.006597, "energy": 27.007373, "activity_lines": [ 143.285335, 143.153273, 140.281667, 136.999742 ] }, { "date": "2026-07-10", "close": 141.070007, "volume": 3485985, "typical_volume": 14696746.55, "trend": 133.495667, "fair_value": 179.861955, "relative_strength": 9.281391, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.721402, "energy": 27.550153, "activity_lines": [ 142.902004, 142.620729, 140.722811, 137.505119 ] }, { "date": "2026-07-17", "close": 157.889999, "volume": 15733312, "typical_volume": 15324645.6, "trend": 134.517667, "fair_value": 179.442436, "relative_strength": 21.445359, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 72.534049, "energy": 49.791158, "activity_lines": [ 147.944003, 145.232729, 142.766001, 139.078947 ] }, { "date": "2026-07-24", "close": 139.639999, "volume": 7644873, "typical_volume": 15606788.4, "trend": 134.975667, "fair_value": 178.928045, "relative_strength": 9.992439, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.194474, "energy": 30.642523, "activity_lines": [ 145.672002, 144.398365, 142.959763, 139.40942 ] }, { "date": "2026-07-31", "close": 136.949997, "volume": 4242823, "typical_volume": 15687857.9, "trend": 135.066334, "fair_value": 178.430257, "relative_strength": 5.19579, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.881061, "energy": 16.96869, "activity_lines": [ 142.742666, 143.232001, 142.812715, 139.536796 ] }, { "date": "2026-08-07", "close": 156.679993, "volume": 48819610, "typical_volume": 18032106.95, "trend": 136.187, "fair_value": 178.071731, "relative_strength": 19.189596, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.515683, "energy": 44.17452, "activity_lines": [ 147.13133, 145.770908, 144.44119, 140.931226 ] } ], "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." } } }