{ "ticker": { "uuid": "11cc1222-56fb-4fb3-b486-5d913532424f", "symbol": "ZENSARTECH", "name": "Zensar Technologies 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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -24.982, "architecture_energy": 18.982, "architecture_maturity": 100.0, "architecture_confidence": 67.37, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 59.33, "rotation_up": 32.75, "upward_expansion": 17.12, "deceleration": 46.66, "rotation_down": 18.61, "downward_expansion": 51.12 }, "activity_lines": [ 504.880005, 493.529075, 494.375402, 509.255829 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 499.0, "trend_reference": 539.646566, "distance_from_trend": -0.075321, "trend_direction": "Weakening", "fair_value": 654.326502, "distance_from_fair_value": -0.237384, "fair_value_direction": "Weakening", "relative_strength": -20.238724, "relative_strength_direction": "Improving", "price_momentum": -0.207433, "excess_performance": -0.163724, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.075321, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.128298, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.237384, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.048406, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.202387, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.037135, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.207433, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.698894, "read": "Demand-led" } ], "volume": { "latest": 6131683, "relative_activity": 0.501415, "balance": 1.698894, "dry_up": 2.006463, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.081138, "annualized_volatility": 0.384736, "from_high_reference": -0.423734, "from_low_reference": 0.154938 }, "levels": { "trend_reference": 539.646566, "fair_value_reference": 654.326502, "structural_low": 432.057706, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": -0.037726, "positive_rate": 0.434783, "directional_follow_through": 0.565217, "median_excess_return": -0.025126, "regime_survival": 0.913043, "best_return": 0.327908, "worst_return": -0.174369, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.127532, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.118961, "regime_survival": 0.714286, "best_return": 0.354258, "worst_return": -0.207373, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.090434, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.075418, "regime_survival": 0.5, "best_return": 0.260059, "worst_return": -0.308458, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.198693, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.215757, "regime_survival": 0.5, "best_return": -0.124104, "worst_return": -0.273283, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-10-25", "end": "2024-11-08", "tenure": "New", "return": 0.061949, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2024-12-13", "tenure": "Developing", "return": 0.135407, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-20", "end": "2024-12-27", "tenure": "New", "return": -0.037245, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-03", "end": "2025-01-10", "tenure": "New", "return": -0.017945, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.106345, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-02-28", "tenure": "Developing", "return": -0.151207, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-21", "tenure": "New", "return": -0.092616, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-28", "end": "2025-04-25", "tenure": "Developing", "return": 0.001641, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-05-23", "tenure": "New", "return": 0.172973, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-06-27", "tenure": "Developing", "return": 0.014045, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-07-25", "tenure": "New", "return": -0.053376, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-01", "end": "2025-09-26", "tenure": "Developing", "return": -0.022469, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-11-14", "tenure": "Developing", "return": -0.046501, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2026-08-07", "tenure": "Extended", "return": -0.294028, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 489.507294, "volume": 6106557, "typical_volume": 10889232.75, "trend": 333.197564, "fair_value": 296.324675, "relative_strength": 64.717385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.388796, "energy": 87.166337, "activity_lines": [ 482.501202, 454.532157, 412.859077, 377.687989 ] }, { "date": "2023-08-25", "close": 497.792603, "volume": 4040769, "typical_volume": 10974325.6, "trend": 342.751285, "fair_value": 298.463849, "relative_strength": 65.174035, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.79294, "energy": 79.635208, "activity_lines": [ 488.690112, 466.820724, 424.742462, 388.307024 ] }, { "date": "2023-09-01", "close": 517.367126, "volume": 7472355, "typical_volume": 11147221.6, "trend": 352.460412, "fair_value": 300.761882, "relative_strength": 67.27793, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.460022, "energy": 74.82281, "activity_lines": [ 499.565926, 480.5277, 437.403732, 399.572562 ] }, { "date": "2023-09-08", "close": 542.658813, "volume": 9620154, "typical_volume": 11412118.7, "trend": 362.137458, "fair_value": 303.206841, "relative_strength": 69.03246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.344478, "energy": 73.110511, "activity_lines": [ 516.146083, 496.158321, 451.293479, 411.843426 ] }, { "date": "2023-09-15", "close": 511.40741, "volume": 11299277, "typical_volume": 11867048.55, "trend": 370.628535, "fair_value": 305.374872, "relative_strength": 53.9737, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.008256, "energy": 65.534859, "activity_lines": [ 517.657745, 503.006272, 460.855837, 421.473746 ] }, { "date": "2023-09-22", "close": 500.941925, "volume": 4184880, "typical_volume": 11730024.75, "trend": 377.978973, "fair_value": 307.40518, "relative_strength": 52.434761, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.938129, "energy": 63.412484, "activity_lines": [ 514.056171, 505.44, 468.260447, 429.881061 ] }, { "date": "2023-09-29", "close": 501.37796, "volume": 5474399, "typical_volume": 11005626.75, "trend": 386.057198, "fair_value": 309.472559, "relative_strength": 50.473422, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.532413, "energy": 55.334094, "activity_lines": [ 509.837632, 506.303315, 474.713766, 437.842286 ] }, { "date": "2023-10-06", "close": 513.781677, "volume": 3746538, "typical_volume": 9386833.45, "trend": 394.386995, "fair_value": 311.630774, "relative_strength": 51.724166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.242467, "energy": 48.085963, "activity_lines": [ 509.514642, 508.855408, 481.515609, 446.082575 ] }, { "date": "2023-10-13", "close": 526.911987, "volume": 5579900, "typical_volume": 9163953.8, "trend": 403.055096, "fair_value": 313.919355, "relative_strength": 52.366676, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.758536, "energy": 47.970477, "activity_lines": [ 513.807452, 513.116506, 488.741826, 454.632575 ] }, { "date": "2023-10-20", "close": 495.612244, "volume": 10410651, "typical_volume": 8983583.2, "trend": 411.067752, "fair_value": 315.967359, "relative_strength": 42.722641, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.527129, "energy": 36.915744, "activity_lines": [ 508.716803, 510.704494, 492.201726, 460.604004 ] }, { "date": "2023-10-27", "close": 467.219574, "volume": 6091163, "typical_volume": 8934061.6, "trend": 417.847082, "fair_value": 317.902207, "relative_strength": 36.163213, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.912091, "energy": 26.931033, "activity_lines": [ 495.214941, 502.974253, 492.445551, 464.226702 ] }, { "date": "2023-11-03", "close": 489.168182, "volume": 2878970, "typical_volume": 8810515.2, "trend": 425.164093, "fair_value": 319.939005, "relative_strength": 39.12263, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.110417, "energy": 20.72151, "activity_lines": [ 491.277439, 499.639898, 494.380015, 468.828063 ] }, { "date": "2023-11-10", "close": 466.105133, "volume": 3001234, "typical_volume": 8626073.0, "trend": 431.717143, "fair_value": 321.754345, "relative_strength": 29.516408, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.898326, "energy": 16.191018, "activity_lines": [ 480.466239, 492.26907, 493.598435, 471.469421 ] }, { "date": "2023-11-17", "close": 506.271667, "volume": 4654730, "typical_volume": 8666555.25, "trend": 439.961696, "fair_value": 323.755335, "relative_strength": 36.445462, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.969585, "energy": 16.807152, "activity_lines": [ 486.22232, 493.133283, 496.18579, 476.27939 ] }, { "date": "2023-11-24", "close": 522.890503, "volume": 7920246, "typical_volume": 8787301.05, "trend": 448.471705, "fair_value": 325.749896, "relative_strength": 38.322153, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.259454, "energy": 24.191975, "activity_lines": [ 498.894035, 497.680688, 499.717102, 481.629636 ] }, { "date": "2023-12-01", "close": 518.481384, "volume": 2583427, "typical_volume": 8118766.25, "trend": 456.006086, "fair_value": 327.768947, "relative_strength": 32.159476, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.309233, "energy": 28.443363, "activity_lines": [ 508.277492, 501.217652, 502.116066, 486.146389 ] }, { "date": "2023-12-08", "close": 516.591736, "volume": 2914215, "typical_volume": 6596893.85, "trend": 462.342685, "fair_value": 329.562485, "relative_strength": 25.67807, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 53.643093, "energy": 40.229838, "activity_lines": [ 513.613613, 504.092144, 503.819481, 490.055141 ] }, { "date": "2023-12-15", "close": 575.218323, "volume": 22760449, "typical_volume": 7005428.0, "trend": 470.173494, "fair_value": 331.829891, "relative_strength": 34.739075, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.921614, "energy": 68.815098, "activity_lines": [ 536.663692, 517.349401, 510.88558, 497.33744 ] }, { "date": "2023-12-22", "close": 600.849304, "volume": 25812475, "typical_volume": 7895722.6, "trend": 478.1358, "fair_value": 334.273222, "relative_strength": 39.129505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.158729, "energy": 75.574679, "activity_lines": [ 560.983219, 534.149806, 519.922513, 505.768137 ] }, { "date": "2023-12-29", "close": 591.740356, "volume": 6962782, "typical_volume": 7675758.55, "trend": 484.924145, "fair_value": 336.618224, "relative_strength": 32.596316, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.058895, "energy": 76.115007, "activity_lines": [ 575.961255, 547.949725, 527.482589, 513.097464 ] }, { "date": "2024-01-05", "close": 565.770264, "volume": 8306704, "typical_volume": 7785765.9, "trend": 491.007101, "fair_value": 338.82596, "relative_strength": 25.152148, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.283344, "energy": 69.669776, "activity_lines": [ 577.692603, 555.280024, 532.070732, 518.313342 ] }, { "date": "2024-01-12", "close": 552.106873, "volume": 7758000, "typical_volume": 7971627.45, "trend": 496.742, "fair_value": 340.956243, "relative_strength": 19.561296, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.955416, "energy": 49.55448, "activity_lines": [ 571.716895, 558.33424, 534.994443, 522.255263 ] }, { "date": "2024-01-19", "close": 540.575317, "volume": 6758526, "typical_volume": 7935936.0, "trend": 502.419487, "fair_value": 342.984292, "relative_strength": 17.104129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.674554, "energy": 34.67149, "activity_lines": [ 559.529659, 558.14747, 536.561271, 525.083219 ] }, { "date": "2024-01-26", "close": 558.114929, "volume": 4304036, "typical_volume": 7670130.1, "trend": 508.619118, "fair_value": 345.149536, "relative_strength": 20.891375, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.555338, "energy": 23.29497, "activity_lines": [ 555.498494, 559.795716, 539.688023, 528.676473 ] }, { "date": "2024-02-02", "close": 545.504944, "volume": 3979165, "typical_volume": 7304124.5, "trend": 514.35995, "fair_value": 347.222264, "relative_strength": 14.200867, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.921855, "energy": 18.135973, "activity_lines": [ 550.11296, 558.208634, 541.540224, 531.056204 ] }, { "date": "2024-02-09", "close": 549.151672, "volume": 8284584, "typical_volume": 7509109.7, "trend": 518.991376, "fair_value": 349.37169, "relative_strength": 14.227214, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.163602, "energy": 16.646543, "activity_lines": [ 549.025362, 556.873421, 543.577363, 533.300831 ] }, { "date": "2024-02-16", "close": 521.144714, "volume": 4595715, "typical_volume": 7465175.5, "trend": 520.688748, "fair_value": 351.201691, "relative_strength": 6.266817, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.784088, "energy": 12.7073, "activity_lines": [ 539.710018, 549.888392, 542.717602, 533.439756 ] }, { "date": "2024-02-23", "close": 522.943726, "volume": 3534186, "typical_volume": 7454557.9, "trend": 522.237744, "fair_value": 352.785005, "relative_strength": 5.127708, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.435478, "energy": 13.121176, "activity_lines": [ 533.058488, 543.147675, 541.935048, 533.585239 ] }, { "date": "2024-03-01", "close": 529.361938, "volume": 3486318, "typical_volume": 7349878.8, "trend": 524.120195, "fair_value": 354.419047, "relative_strength": 5.0082, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.36864, "energy": 11.73377, "activity_lines": [ 529.721802, 538.524353, 541.720124, 534.044864 ] }, { "date": "2024-03-08", "close": 574.727539, "volume": 6581199, "typical_volume": 7158406.2, "trend": 527.043237, "fair_value": 356.397215, "relative_strength": 12.228408, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.640176, "energy": 13.604074, "activity_lines": [ 543.423848, 543.449092, 545.814067, 537.309854 ] }, { "date": "2024-03-15", "close": 538.892151, "volume": 5000673, "typical_volume": 7103881.7, "trend": 528.689399, "fair_value": 358.08486, "relative_strength": 6.678808, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.861886, "energy": 10.82569, "activity_lines": [ 543.232593, 542.16763, 546.118376, 538.0743 ] }, { "date": "2024-03-22", "close": 574.046814, "volume": 11214990, "typical_volume": 7520682.7, "trend": 531.231206, "fair_value": 360.096109, "relative_strength": 12.233319, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 41.997684, "energy": 29.662624, "activity_lines": [ 555.443526, 547.766618, 549.429451, 541.000585 ] }, { "date": "2024-03-29", "close": 590.043884, "volume": 4181545, "typical_volume": 7579698.25, "trend": 533.653765, "fair_value": 362.232371, "relative_strength": 13.116491, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 60.120149, "energy": 50.866816, "activity_lines": [ 569.46001, 555.875256, 553.859872, 544.794951 ] }, { "date": "2024-04-05", "close": 615.571167, "volume": 6151786, "typical_volume": 7654551.05, "trend": 536.084177, "fair_value": 364.50471, "relative_strength": 15.884599, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.803859, "energy": 66.283713, "activity_lines": [ 587.512244, 567.72579, 560.131278, 550.079945 ] }, { "date": "2024-04-12", "close": 591.891602, "volume": 2814463, "typical_volume": 7399261.9, "trend": 538.766983, "fair_value": 366.679177, "relative_strength": 10.393872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.257773, "energy": 63.527114, "activity_lines": [ 591.924007, 574.22629, 563.627014, 553.680424 ] }, { "date": "2024-04-19", "close": 559.605713, "volume": 2297623, "typical_volume": 7384971.7, "trend": 540.722443, "fair_value": 368.658367, "relative_strength": 5.228366, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.100349, "energy": 51.623472, "activity_lines": [ 584.429537, 574.013234, 563.719326, 555.024858 ] }, { "date": "2024-04-26", "close": 603.658447, "volume": 16653341, "typical_volume": 8071928.0, "trend": 544.131792, "fair_value": 370.944509, "relative_strength": 11.052844, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.12324, "energy": 44.543597, "activity_lines": [ 590.238407, 581.619692, 567.811307, 559.085245 ] }, { "date": "2024-05-03", "close": 618.683044, "volume": 8298246, "typical_volume": 7348817.85, "trend": 547.628504, "fair_value": 373.296707, "relative_strength": 12.521574, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.220483, "energy": 38.400695, "activity_lines": [ 599.081368, 590.457646, 572.919598, 563.895004 ] }, { "date": "2024-05-10", "close": 586.834778, "volume": 4134859, "typical_volume": 6264937.05, "trend": 549.625931, "fair_value": 375.448345, "relative_strength": 8.019234, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.909496, "energy": 29.903296, "activity_lines": [ 595.398962, 591.764291, 574.787747, 566.424441 ] }, { "date": "2024-05-17", "close": 599.525452, "volume": 6151058, "typical_volume": 6224350.85, "trend": 553.089704, "fair_value": 377.639994, "relative_strength": 7.665087, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.516234, "energy": 32.506579, "activity_lines": [ 597.862541, 594.333371, 577.931267, 569.643765 ] }, { "date": "2024-05-24", "close": 606.527222, "volume": 2999482, "typical_volume": 5958989.75, "trend": 557.733293, "fair_value": 379.79954, "relative_strength": 6.029136, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.593948, "energy": 32.261179, "activity_lines": [ 602.151119, 597.724628, 581.70455, 573.091346 ] }, { "date": "2024-05-31", "close": 593.301636, "volume": 4679612, "typical_volume": 5805070.35, "trend": 561.204408, "fair_value": 381.884791, "relative_strength": 5.241906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.408423, "energy": 25.548587, "activity_lines": [ 598.903068, 597.481505, 584.024173, 575.386078 ] }, { "date": "2024-06-07", "close": 654.615662, "volume": 10098366, "typical_volume": 5972062.35, "trend": 567.488092, "fair_value": 384.214201, "relative_strength": 11.691225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.871635, "energy": 37.377023, "activity_lines": [ 616.78348, 608.036299, 591.987061, 581.412611 ] }, { "date": "2024-06-14", "close": 677.274109, "volume": 8120242, "typical_volume": 6162872.65, "trend": 573.188173, "fair_value": 386.784715, "relative_strength": 13.937945, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.325651, "energy": 57.861737, "activity_lines": [ 639.8212, 621.536779, 601.564847, 588.49558 ] }, { "date": "2024-06-21", "close": 731.343201, "volume": 7212052, "typical_volume": 6324517.0, "trend": 580.136597, "fair_value": 389.64491, "relative_strength": 21.804779, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.60874, "energy": 75.458907, "activity_lines": [ 674.852661, 643.746131, 615.724646, 598.69913 ] }, { "date": "2024-06-28", "close": 726.772644, "volume": 3380197, "typical_volume": 6079297.65, "trend": 587.079639, "fair_value": 392.293676, "relative_strength": 17.513, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.40511, "energy": 80.301258, "activity_lines": [ 699.572754, 662.588988, 628.56421, 608.15952 ] }, { "date": "2024-07-05", "close": 716.9021, "volume": 3502084, "typical_volume": 6024616.1, "trend": 593.756651, "fair_value": 394.875574, "relative_strength": 13.562433, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.876764, "energy": 78.12614, "activity_lines": [ 712.986304, 676.597803, 639.617908, 616.535163 ] }, { "date": "2024-07-12", "close": 748.507324, "volume": 8241504, "typical_volume": 6259982.0, "trend": 599.532951, "fair_value": 397.411136, "relative_strength": 16.876314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.251644, "energy": 79.895395, "activity_lines": [ 728.694898, 694.294046, 652.749449, 626.519077 ] }, { "date": "2024-07-19", "close": 733.463684, "volume": 12878982, "typical_volume": 6729615.2, "trend": 603.95343, "fair_value": 399.86135, "relative_strength": 13.883246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.3506, "energy": 63.703517, "activity_lines": [ 733.1295, 706.894641, 663.374151, 635.159769 ] }, { "date": "2024-07-26", "close": 793.608582, "volume": 10244902, "typical_volume": 6912800.35, "trend": 610.682371, "fair_value": 402.456861, "relative_strength": 21.030875, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.143837, "energy": 59.728691, "activity_lines": [ 753.866431, 727.764692, 678.755024, 647.395586 ] }, { "date": "2024-08-02", "close": 748.033936, "volume": 4903675, "typical_volume": 6907950.45, "trend": 616.757827, "fair_value": 404.68414, "relative_strength": 14.1196, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.053008, "energy": 51.447982, "activity_lines": [ 755.260787, 736.819659, 688.753165, 656.256977 ] }, { "date": "2024-08-09", "close": 757.796326, "volume": 3038186, "typical_volume": 6499110.25, "trend": 623.614142, "fair_value": 407.038104, "relative_strength": 16.759836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.844784, "energy": 48.649995, "activity_lines": [ 758.491854, 745.076757, 698.685143, 665.356235 ] }, { "date": "2024-08-16", "close": 782.570557, "volume": 5823576, "typical_volume": 6581211.8, "trend": 631.68065, "fair_value": 409.48767, "relative_strength": 19.161275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.109334, "energy": 50.46985, "activity_lines": [ 767.254716, 754.847448, 710.101575, 675.611487 ] }, { "date": "2024-08-23", "close": 761.181396, "volume": 5334004, "typical_volume": 6540322.7, "trend": 638.449532, "fair_value": 411.638664, "relative_strength": 14.191623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.928599, "energy": 41.949383, "activity_lines": [ 766.616976, 758.402748, 718.56415, 683.966374 ] }, { "date": "2024-08-30", "close": 753.430298, "volume": 2540543, "typical_volume": 6526626.7, "trend": 645.380377, "fair_value": 413.812166, "relative_strength": 10.92313, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.943291, "energy": 37.890186, "activity_lines": [ 761.547689, 759.02317, 725.595143, 691.384488 ] }, { "date": "2024-09-06", "close": 763.928589, "volume": 3050797, "typical_volume": 6564285.4, "trend": 652.539608, "fair_value": 415.90648, "relative_strength": 13.931924, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.516121, "energy": 38.393031, "activity_lines": [ 762.656384, 761.150789, 732.856741, 699.03276 ] }, { "date": "2024-09-13", "close": 774.966614, "volume": 2898339, "typical_volume": 5876535.3, "trend": 661.000338, "fair_value": 417.579922, "relative_strength": 12.858039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.408025, "energy": 37.117577, "activity_lines": [ 766.384778, 764.609759, 740.196614, 706.931277 ] }, { "date": "2024-09-20", "close": 710.455566, "volume": 2988014, "typical_volume": 5611023.7, "trend": 667.250733, "fair_value": 419.068022, "relative_strength": 1.570103, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.644305, "energy": 23.713557, "activity_lines": [ 747.464803, 755.283729, 740.576824, 710.121936 ] }, { "date": "2024-09-27", "close": 663.948792, "volume": 6508299, "typical_volume": 5729695.7, "trend": 671.736961, "fair_value": 420.445249, "relative_strength": -6.474374, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 11.764544, "energy": 12.359371, "activity_lines": [ 717.850236, 738.193772, 736.090806, 709.908908 ] }, { "date": "2024-10-04", "close": 661.446838, "volume": 3685135, "typical_volume": 5606399.55, "trend": 674.627604, "fair_value": 421.626114, "relative_strength": -2.510663, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -2.955547, "energy": 17.658377, "activity_lines": [ 693.883858, 721.912822, 730.999297, 709.245029 ] }, { "date": "2024-10-11", "close": 681.854858, "volume": 2372278, "typical_volume": 5575039.35, "trend": 679.393028, "fair_value": 422.936294, "relative_strength": 0.654566, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.689022, "energy": 23.243993, "activity_lines": [ 682.852384, 711.745361, 727.556545, 709.711304 ] }, { "date": "2024-10-18", "close": 678.518921, "volume": 3137231, "typical_volume": 5497920.3, "trend": 682.875431, "fair_value": 424.351527, "relative_strength": 0.468123, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.030031, "energy": 32.908871, "activity_lines": [ 676.180513, 702.174623, 723.437382, 709.65491 ] }, { "date": "2024-10-25", "close": 673.122559, "volume": 3650542, "typical_volume": 5175529.1, "trend": 685.644721, "fair_value": 425.886904, "relative_strength": 2.204862, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.182788, "energy": 42.194908, "activity_lines": [ 674.139701, 693.064135, 718.398483, 709.025692 ] }, { "date": "2024-11-01", "close": 684.651184, "volume": 1938614, "typical_volume": 4866447.7, "trend": 687.947388, "fair_value": 427.491365, "relative_strength": 3.227694, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.710213, "energy": 27.550639, "activity_lines": [ 678.430632, 688.039724, 714.36942, 708.961593 ] }, { "date": "2024-11-08", "close": 714.821716, "volume": 4802806, "typical_volume": 4745985.4, "trend": 692.045058, "fair_value": 429.224503, "relative_strength": 8.046646, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.788912, "energy": 8.719279, "activity_lines": [ 691.398246, 689.892323, 713.178612, 710.69542 ] }, { "date": "2024-11-15", "close": 692.353271, "volume": 2059409, "typical_volume": 4679946.0, "trend": 696.469977, "fair_value": 430.959317, "relative_strength": 7.10472, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.566436, "energy": 8.371643, "activity_lines": [ 693.318054, 688.361724, 709.926626, 710.715305 ] }, { "date": "2024-11-22", "close": 712.123535, "volume": 1260321, "typical_volume": 4567857.85, "trend": 700.08548, "fair_value": 432.951214, "relative_strength": 8.181881, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.954114, "energy": 7.115615, "activity_lines": [ 701.128056, 691.727088, 708.721424, 711.725212 ] }, { "date": "2024-11-29", "close": 744.796021, "volume": 2545005, "typical_volume": 4283032.9, "trend": 704.289246, "fair_value": 435.079697, "relative_strength": 11.683618, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.812475, "energy": 16.917533, "activity_lines": [ 717.588578, 702.175506, 710.650642, 714.609763 ] }, { "date": "2024-12-06", "close": 765.155029, "volume": 1920106, "typical_volume": 3735089.1, "trend": 710.233254, "fair_value": 437.338387, "relative_strength": 11.699519, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.073441, "energy": 33.854099, "activity_lines": [ 736.057206, 715.70119, 714.536487, 718.536588 ] }, { "date": "2024-12-13", "close": 786.102783, "volume": 3342181, "typical_volume": 3389953.05, "trend": 716.452498, "fair_value": 439.526047, "relative_strength": 13.949043, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 62.329495, "energy": 55.144204, "activity_lines": [ 756.141496, 731.195442, 720.266444, 723.431396 ] }, { "date": "2024-12-20", "close": 753.430298, "volume": 3910927, "typical_volume": 3340315.65, "trend": 721.349268, "fair_value": 441.480184, "relative_strength": 14.380314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.382877, "energy": 52.98257, "activity_lines": [ 760.582886, 738.482771, 722.920478, 725.817061 ] }, { "date": "2024-12-27", "close": 725.369141, "volume": 2832497, "typical_volume": 3330031.2, "trend": 725.751518, "fair_value": 442.989828, "relative_strength": 8.833505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": 27.588478, "energy": 38.435217, "activity_lines": [ 751.598755, 739.3667, 722.876324, 726.076407 ] }, { "date": "2025-01-03", "close": 779.136536, "volume": 11264426, "typical_volume": 3602073.7, "trend": 729.902214, "fair_value": 444.978097, "relative_strength": 15.461253, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.677724, "energy": 31.789606, "activity_lines": [ 759.654049, 749.174697, 728.10729, 729.520602 ] }, { "date": "2025-01-10", "close": 765.155029, "volume": 3015990, "typical_volume": 3486173.0, "trend": 732.831578, "fair_value": 447.029068, "relative_strength": 15.575269, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.253705, "energy": 20.963794, "activity_lines": [ 760.759473, 754.513075, 732.023036, 731.794977 ] }, { "date": "2025-01-17", "close": 737.633606, "volume": 3256555, "typical_volume": 3521973.6, "trend": 733.041258, "fair_value": 449.083341, "relative_strength": 11.996922, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.754546, "energy": 10.74113, "activity_lines": [ 752.691089, 753.383851, 733.298772, 732.104786 ] }, { "date": "2025-01-24", "close": 816.077087, "volume": 33470849, "typical_volume": 5042976.2, "trend": 736.018073, "fair_value": 451.849681, "relative_strength": 23.731429, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.452049, "energy": 38.85817, "activity_lines": [ 774.001811, 766.102317, 742.120538, 737.461936 ] }, { "date": "2025-01-31", "close": 855.700012, "volume": 13839763, "typical_volume": 5590047.4, "trend": 740.64467, "fair_value": 454.827987, "relative_strength": 26.468029, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.247076, "energy": 56.658552, "activity_lines": [ 804.343721, 783.775427, 754.467589, 745.183351 ] }, { "date": "2025-02-07", "close": 905.173279, "volume": 32229375, "typical_volume": 7052115.45, "trend": 745.866868, "fair_value": 458.274168, "relative_strength": 32.319374, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.00665, "energy": 73.103502, "activity_lines": [ 842.487996, 807.833195, 771.141936, 755.7981 ] }, { "date": "2025-02-14", "close": 816.603394, "volume": 6545682, "typical_volume": 7053984.6, "trend": 748.638192, "fair_value": 461.322361, "relative_strength": 21.690902, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.470428, "energy": 66.566944, "activity_lines": [ 842.706527, 812.871398, 778.453828, 760.361747 ] }, { "date": "2025-02-21", "close": 778.244446, "volume": 6813085, "typical_volume": 7210382.1, "trend": 748.126054, "fair_value": 464.258786, "relative_strength": 15.846356, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.845681, "energy": 50.431513, "activity_lines": [ 826.70885, 809.999821, 781.385561, 762.271828 ] }, { "date": "2025-02-28", "close": 726.312256, "volume": 10269473, "typical_volume": 7605241.85, "trend": 747.401998, "fair_value": 466.804615, "relative_strength": 10.736042, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.65529, "energy": 17.274047, "activity_lines": [ 790.693054, 797.828907, 778.815191, 760.864486 ] }, { "date": "2025-03-07", "close": 730.639954, "volume": 13190529, "typical_volume": 8107906.75, "trend": 746.496785, "fair_value": 469.287864, "relative_strength": 8.799567, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.098172, "energy": 16.734928, "activity_lines": [ 762.104147, 786.937903, 776.445282, 759.783064 ] }, { "date": "2025-03-14", "close": 643.397949, "volume": 5368545, "typical_volume": 8193806.9, "trend": 741.857699, "fair_value": 471.135143, "relative_strength": -3.791847, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.636568, "energy": 31.663356, "activity_lines": [ 712.771908, 760.088883, 765.518414, 753.131526 ] }, { "date": "2025-03-21", "close": 662.970825, "volume": 4502426, "typical_volume": 8321997.5, "trend": 738.584013, "fair_value": 473.116648, "relative_strength": -5.059513, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.00815, "energy": 34.587471, "activity_lines": [ 687.415649, 739.266542, 756.597176, 748.04205 ] }, { "date": "2025-03-28", "close": 689.330322, "volume": 11785013, "typical_volume": 8671107.85, "trend": 736.447347, "fair_value": 475.25625, "relative_strength": -2.175095, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.352706, "energy": 43.184525, "activity_lines": [ 681.088061, 725.094731, 750.289606, 744.864393 ] }, { "date": "2025-04-04", "close": 643.938904, "volume": 4904362, "typical_volume": 8813355.5, "trend": 732.447691, "fair_value": 477.057152, "relative_strength": -6.209899, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.255409, "energy": 51.433652, "activity_lines": [ 665.557609, 703.548177, 739.780431, 738.896106 ] }, { "date": "2025-04-11", "close": 623.038147, "volume": 5264325, "typical_volume": 9013555.7, "trend": 727.383409, "fair_value": 478.8875, "relative_strength": -9.011269, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.04571, "energy": 46.713896, "activity_lines": [ 648.551794, 681.33127, 727.511253, 731.837426 ] }, { "date": "2025-04-18", "close": 642.365112, "volume": 1903899, "typical_volume": 8981500.4, "trend": 725.113727, "fair_value": 480.947164, "relative_strength": -10.308399, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.041963, "energy": 36.430741, "activity_lines": [ 645.161755, 666.858573, 717.506954, 726.352375 ] }, { "date": "2025-04-25", "close": 690.461426, "volume": 6526890, "typical_volume": 9211839.6, "trend": 725.997481, "fair_value": 483.421168, "relative_strength": -4.455561, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -56.745209, "energy": 38.492073, "activity_lines": [ 657.872677, 665.90899, 712.571023, 724.116742 ] }, { "date": "2025-05-02", "close": 707.083618, "volume": 5165251, "typical_volume": 9302993.1, "trend": 727.518707, "fair_value": 486.124368, "relative_strength": -3.484182, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.672329, "energy": 27.250004, "activity_lines": [ 674.291622, 670.275114, 709.573841, 722.896493 ] }, { "date": "2025-05-09", "close": 691.887573, "volume": 3220718, "typical_volume": 9268482.65, "trend": 727.853131, "fair_value": 488.733782, "relative_strength": -4.36123, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.737485, "energy": 19.737686, "activity_lines": [ 684.461666, 673.172155, 705.505699, 720.59771 ] }, { "date": "2025-05-16", "close": 785.621155, "volume": 6036295, "typical_volume": 9428672.55, "trend": 731.423206, "fair_value": 491.974563, "relative_strength": 3.891284, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.760772, "energy": 15.873835, "activity_lines": [ 722.679659, 693.737568, 710.657625, 724.32468 ] }, { "date": "2025-05-23", "close": 829.389709, "volume": 21551048, "typical_volume": 9943003.65, "trend": 736.632111, "fair_value": 495.520681, "relative_strength": 9.928495, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 30.227509, "energy": 30.638576, "activity_lines": [ 764.648303, 721.261241, 719.69107, 730.645099 ] }, { "date": "2025-05-30", "close": 819.357361, "volume": 2800702, "typical_volume": 9932239.25, "trend": 741.122316, "fair_value": 498.91096, "relative_strength": 8.582553, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.221893, "energy": 43.383628, "activity_lines": [ 790.804525, 743.579184, 727.529753, 735.982212 ] }, { "date": "2025-06-06", "close": 809.177551, "volume": 1429214, "typical_volume": 9840872.2, "trend": 744.267511, "fair_value": 502.355305, "relative_strength": 5.867001, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.012906, "energy": 51.214023, "activity_lines": [ 804.974414, 761.20286, 734.140824, 740.372872 ] }, { "date": "2025-06-13", "close": 853.093567, "volume": 7109990, "typical_volume": 8522829.25, "trend": 749.625521, "fair_value": 506.23341, "relative_strength": 12.497215, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.849447, "energy": 62.674811, "activity_lines": [ 826.976713, 784.632225, 744.593687, 747.393908 ] }, { "date": "2025-06-20", "close": 832.930542, "volume": 2698621, "typical_volume": 7965772.15, "trend": 753.652421, "fair_value": 509.929099, "relative_strength": 7.977231, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.07359, "energy": 59.323488, "activity_lines": [ 831.510937, 800.592774, 752.949993, 752.768426 ] }, { "date": "2025-06-27", "close": 830.865051, "volume": 2048340, "typical_volume": 6456720.4, "trend": 756.521389, "fair_value": 513.623933, "relative_strength": 5.361069, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 62.551848, "energy": 60.755593, "activity_lines": [ 832.202706, 812.361554, 761.218012, 757.749886 ] }, { "date": "2025-07-04", "close": 838.635193, "volume": 3549609, "typical_volume": 6306916.75, "trend": 758.970728, "fair_value": 517.370388, "relative_strength": 6.85339, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.657249, "energy": 55.919932, "activity_lines": [ 835.386165, 822.115816, 770.579893, 763.047551 ] }, { "date": "2025-07-11", "close": 815.84491, "volume": 2441709, "typical_volume": 6088347.95, "trend": 759.962132, "fair_value": 521.06972, "relative_strength": 5.111667, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.428786, "energy": 43.49777, "activity_lines": [ 829.687675, 825.032321, 777.666357, 766.716853 ] }, { "date": "2025-07-18", "close": 823.518066, "volume": 4351757, "typical_volume": 5792462.15, "trend": 762.298391, "fair_value": 524.768317, "relative_strength": 6.666402, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.934542, "energy": 34.8927, "activity_lines": [ 826.102413, 827.366467, 785.304549, 770.817236 ] }, { "date": "2025-07-25", "close": 793.871826, "volume": 5088924, "typical_volume": 5387381.9, "trend": 764.581814, "fair_value": 528.340884, "relative_strength": 3.369966, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.710126, "energy": 27.15311, "activity_lines": [ 814.606771, 821.917106, 789.656404, 772.854231 ] }, { "date": "2025-08-01", "close": 789.437317, "volume": 2220914, "typical_volume": 5230000.35, "trend": 764.925173, "fair_value": 531.885638, "relative_strength": 3.808326, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.771893, "energy": 19.661371, "activity_lines": [ 804.236873, 815.511459, 793.284821, 774.457812 ] }, { "date": "2025-08-08", "close": 782.910217, "volume": 1450384, "typical_volume": 5077398.25, "trend": 765.517013, "fair_value": 535.487477, "relative_strength": 3.737043, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.778129, "energy": 19.983932, "activity_lines": [ 794.453125, 808.645473, 795.596183, 775.618138 ] }, { "date": "2025-08-15", "close": 800.349182, "volume": 1374637, "typical_volume": 4556879.45, "trend": 767.607532, "fair_value": 539.160676, "relative_strength": 4.854502, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.710814, "energy": 20.105522, "activity_lines": [ 794.197363, 805.612884, 798.99726, 777.865374 ] }, { "date": "2025-08-22", "close": 789.736267, "volume": 1776429, "typical_volume": 4400482.8, "trend": 766.729504, "fair_value": 542.796472, "relative_strength": 2.401364, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.283882, "energy": 15.207444, "activity_lines": [ 791.437012, 800.811189, 800.858922, 779.293035 ] }, { "date": "2025-08-29", "close": 765.421326, "volume": 1676498, "typical_volume": 4221091.45, "trend": 763.720215, "fair_value": 546.292328, "relative_strength": 0.956882, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.323384, "energy": 11.482756, "activity_lines": [ 782.8238, 792.740547, 799.710601, 779.208636 ] }, { "date": "2025-09-05", "close": 773.642578, "volume": 1713799, "typical_volume": 4211586.45, "trend": 759.335858, "fair_value": 549.810564, "relative_strength": 0.712449, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.05772, "energy": 11.241125, "activity_lines": [ 778.847705, 787.392119, 798.667242, 779.848789 ] }, { "date": "2025-09-12", "close": 815.396484, "volume": 2671827, "typical_volume": 4018833.3, "trend": 759.295628, "fair_value": 553.65832, "relative_strength": 4.448178, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.357584, "energy": 13.052288, "activity_lines": [ 789.842562, 790.675718, 800.975315, 783.465603 ] }, { "date": "2025-09-19", "close": 854.758728, "volume": 3187246, "typical_volume": 3919933.05, "trend": 761.846104, "fair_value": 557.780143, "relative_strength": 8.154269, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.774173, "energy": 28.054669, "activity_lines": [ 811.792415, 801.538611, 806.437244, 789.624513 ] }, { "date": "2025-09-26", "close": 771.699402, "volume": 1668441, "typical_volume": 3842319.2, "trend": 763.359009, "fair_value": 561.430483, "relative_strength": -0.058307, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.769593, "energy": 15.016583, "activity_lines": [ 802.428524, 796.592284, 803.285546, 790.260209 ] }, { "date": "2025-10-03", "close": 757.54895, "volume": 1421220, "typical_volume": 3611565.45, "trend": 764.255975, "fair_value": 564.90344, "relative_strength": -3.072359, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.356223, "energy": 5.433213, "activity_lines": [ 789.550273, 790.015305, 798.406129, 789.885367 ] }, { "date": "2025-10-10", "close": 795.864868, "volume": 1630653, "typical_volume": 2615545.7, "trend": 769.338206, "fair_value": 568.663971, "relative_strength": 0.00013, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.614983, "energy": 7.483966, "activity_lines": [ 789.968819, 791.065273, 797.309525, 791.92465 ] }, { "date": "2025-10-17", "close": 779.970459, "volume": 2671738, "typical_volume": 2609097.5, "trend": 773.238194, "fair_value": 572.331191, "relative_strength": -3.793674, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.223743, "energy": 11.951856, "activity_lines": [ 783.607743, 789.108484, 794.85881, 792.610602 ] }, { "date": "2025-10-24", "close": 802.192688, "volume": 2072326, "typical_volume": 2641253.1, "trend": 777.000273, "fair_value": 576.133204, "relative_strength": -1.575622, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.50326, "energy": 10.741331, "activity_lines": [ 787.015812, 791.24555, 794.712054, 794.478634 ] }, { "date": "2025-10-31", "close": 794.768677, "volume": 1374629, "typical_volume": 2354485.05, "trend": 782.027932, "fair_value": 579.898653, "relative_strength": -2.371687, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.612715, "energy": 3.467893, "activity_lines": [ 791.453613, 791.999278, 793.891511, 795.624983 ] }, { "date": "2025-11-07", "close": 695.217102, "volume": 3863689, "typical_volume": 2412738.45, "trend": 784.433897, "fair_value": 583.016149, "relative_strength": -13.708481, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.687669, "energy": 41.33263, "activity_lines": [ 761.169605, 774.56122, 783.867603, 790.024284 ] }, { "date": "2025-11-14", "close": 722.322144, "volume": 2525777, "typical_volume": 2436610.3, "trend": 787.099131, "fair_value": 586.331592, "relative_strength": -11.706796, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.198672, "energy": 55.779262, "activity_lines": [ 744.076066, 763.327793, 777.080906, 786.017074 ] }, { "date": "2025-11-21", "close": 706.826416, "volume": 2001055, "typical_volume": 2359182.6, "trend": 787.644631, "fair_value": 589.535146, "relative_strength": -13.984917, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.788992, "energy": 66.511363, "activity_lines": [ 726.720134, 750.21006, 769.335296, 780.838189 ] }, { "date": "2025-11-28", "close": 747.035706, "volume": 2283105, "typical_volume": 2351252.4, "trend": 788.976367, "fair_value": 592.873637, "relative_strength": -9.42932, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.654359, "energy": 64.558564, "activity_lines": [ 727.643567, 746.377108, 766.046803, 778.218259 ] }, { "date": "2025-12-05", "close": 743.547913, "volume": 1965275, "typical_volume": 2231928.3, "trend": 790.698378, "fair_value": 596.233261, "relative_strength": -9.651236, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.92616, "energy": 50.34657, "activity_lines": [ 731.081535, 743.868611, 762.753802, 775.287391 ] }, { "date": "2025-12-12", "close": 733.532959, "volume": 1252009, "typical_volume": 2040082.55, "trend": 788.962105, "fair_value": 599.589022, "relative_strength": -10.194264, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.645102, "energy": 34.547572, "activity_lines": [ 734.595903, 740.05106, 758.887807, 771.599299 ] }, { "date": "2025-12-19", "close": 738.914124, "volume": 1174802, "typical_volume": 1987776.95, "trend": 785.946252, "fair_value": 603.082798, "relative_strength": -9.060453, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.047242, "energy": 27.372948, "activity_lines": [ 737.349602, 737.648556, 755.821631, 768.370397 ] }, { "date": "2025-12-26", "close": 720.727783, "volume": 815757, "typical_volume": 1956045.6, "trend": 782.6586, "fair_value": 606.398127, "relative_strength": -11.405551, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.130724, "energy": 32.692054, "activity_lines": [ 732.935055, 732.974914, 751.264009, 764.162754 ] }, { "date": "2026-01-02", "close": 696.911072, "volume": 1253062, "typical_volume": 1949966.85, "trend": 778.916384, "fair_value": 609.586819, "relative_strength": -14.951067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.352426, "energy": 43.478015, "activity_lines": [ 719.654846, 725.048099, 744.734236, 758.630655 ] }, { "date": "2026-01-09", "close": 706.926086, "volume": 3079824, "typical_volume": 2015136.6, "trend": 774.044135, "fair_value": 612.824702, "relative_strength": -11.28021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.494367, "energy": 50.48894, "activity_lines": [ 713.054618, 720.856408, 739.650837, 753.98612 ] }, { "date": "2026-01-16", "close": 712.606201, "volume": 2777517, "typical_volume": 2070187.55, "trend": 770.033323, "fair_value": 616.054893, "relative_strength": -10.380479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.693335, "energy": 54.087594, "activity_lines": [ 710.789217, 719.294602, 735.502735, 750.022382 ] }, { "date": "2026-01-23", "close": 702.292297, "volume": 2158820, "typical_volume": 2092438.6, "trend": 765.747565, "fair_value": 619.203042, "relative_strength": -8.987803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.734993, "energy": 51.698513, "activity_lines": [ 706.480965, 715.541376, 730.623857, 745.651994 ] }, { "date": "2026-01-30", "close": 650.200012, "volume": 2390974, "typical_volume": 2078395.95, "trend": 759.466392, "fair_value": 621.921675, "relative_strength": -16.082117, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.079581, "energy": 62.743083, "activity_lines": [ 687.250073, 702.681005, 721.123572, 738.197313 ] }, { "date": "2026-02-06", "close": 629.599976, "volume": 2660074, "typical_volume": 2052037.35, "trend": 753.258228, "fair_value": 624.33996, "relative_strength": -19.214139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.347531, "energy": 78.746713, "activity_lines": [ 665.854354, 687.104743, 710.448029, 729.818834 ] }, { "date": "2026-02-13", "close": 588.349976, "volume": 4156506, "typical_volume": 2176440.6, "trend": 745.419291, "fair_value": 626.466081, "relative_strength": -23.238205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.20661, "energy": 88.722822, "activity_lines": [ 635.196041, 666.163676, 696.916099, 719.179592 ] }, { "date": "2026-02-20", "close": 560.25, "volume": 2619805, "typical_volume": 2236369.85, "trend": 737.631897, "fair_value": 628.259807, "relative_strength": -26.61711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.170033, "energy": 94.086069, "activity_lines": [ 603.076144, 642.935304, 681.581073, 707.233186 ] }, { "date": "2026-02-27", "close": 564.75, "volume": 3541808, "typical_volume": 2331927.6, "trend": 730.14232, "fair_value": 630.219543, "relative_strength": -24.367706, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.827777, "energy": 91.499922, "activity_lines": [ 582.613326, 623.675712, 667.614137, 696.079516 ] }, { "date": "2026-03-06", "close": 559.099976, "volume": 2388899, "typical_volume": 2317785.65, "trend": 722.681978, "fair_value": 632.111929, "relative_strength": -22.414875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.755739, "energy": 89.585056, "activity_lines": [ 569.436654, 606.555464, 654.209651, 685.044526 ] }, { "date": "2026-03-13", "close": 552.849976, "volume": 1367260, "typical_volume": 2282532.35, "trend": 714.432005, "fair_value": 633.94514, "relative_strength": -18.719366, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.000675, "energy": 86.604275, "activity_lines": [ 560.249984, 591.23754, 641.261691, 674.087622 ] }, { "date": "2026-03-20", "close": 564.900024, "volume": 1959671, "typical_volume": 2311784.45, "trend": 706.937463, "fair_value": 635.930188, "relative_strength": -16.600452, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.697206, "energy": 64.983408, "activity_lines": [ 560.196663, 580.729826, 630.648701, 664.440398 ] }, { "date": "2026-03-27", "close": 525.549988, "volume": 1978764, "typical_volume": 2217538.2, "trend": 698.941752, "fair_value": 637.607819, "relative_strength": -21.082064, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.586577, "energy": 67.520625, "activity_lines": [ 548.589994, 565.649853, 617.382701, 652.73798 ] }, { "date": "2026-04-03", "close": 543.700012, "volume": 1091239, "typical_volume": 2145811.3, "trend": 691.277, "fair_value": 639.364499, "relative_strength": -17.747419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.428469, "energy": 61.101159, "activity_lines": [ 545.346667, 557.270905, 606.653214, 642.722384 ] }, { "date": "2026-04-10", "close": 556.799988, "volume": 2599971, "typical_volume": 2175757.1, "trend": 682.657117, "fair_value": 641.206078, "relative_strength": -20.231786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.123214, "energy": 56.383271, "activity_lines": [ 547.873332, 554.157268, 598.021924, 634.046448 ] }, { "date": "2026-04-17", "close": 602.650024, "volume": 2535055, "typical_volume": 2188354.6, "trend": 674.253493, "fair_value": 643.409379, "relative_strength": -14.613561, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.973416, "energy": 41.909147, "activity_lines": [ 565.836674, 561.078183, 594.471717, 628.8847 ] }, { "date": "2026-04-24", "close": 536.0, "volume": 2288990, "typical_volume": 2204540.35, "trend": 666.396847, "fair_value": 645.129955, "relative_strength": -22.284504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.781793, "energy": 40.645091, "activity_lines": [ 558.263338, 556.370911, 585.261439, 619.965119 ] }, { "date": "2026-05-01", "close": 513.849976, "volume": 2634922, "typical_volume": 2273686.0, "trend": 658.273547, "fair_value": 646.549186, "relative_strength": -25.426165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.628482, "energy": 47.929994, "activity_lines": [ 545.233329, 548.588179, 574.929958, 610.123386 ] }, { "date": "2026-05-08", "close": 525.400024, "volume": 2623958, "typical_volume": 2346143.8, "trend": 649.258053, "fair_value": 647.824226, "relative_strength": -23.95227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.394742, "energy": 48.307189, "activity_lines": [ 536.833337, 543.749093, 566.744591, 601.5509 ] }, { "date": "2026-05-15", "close": 488.399994, "volume": 3015162, "typical_volume": 2456114.05, "trend": 639.539037, "fair_value": 648.773623, "relative_strength": -27.188772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.319882, "energy": 74.118867, "activity_lines": [ 517.320001, 532.898183, 556.052146, 591.172961 ] }, { "date": "2026-05-22", "close": 488.799988, "volume": 1624567, "typical_volume": 2474689.3, "trend": 629.092614, "fair_value": 649.586571, "relative_strength": -26.72807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.982335, "energy": 79.246032, "activity_lines": [ 502.499996, 523.405454, 546.504118, 581.447861 ] }, { "date": "2026-05-29", "close": 494.149994, "volume": 1299724, "typical_volume": 2385684.3, "trend": 619.071991, "fair_value": 650.266442, "relative_strength": -24.762977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.079779, "energy": 75.282555, "activity_lines": [ 497.053329, 516.049998, 538.45662, 572.741886 ] }, { "date": "2026-06-05", "close": 484.850006, "volume": 457553, "typical_volume": 2269686.1, "trend": 612.059755, "fair_value": 650.917522, "relative_strength": -25.006475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.73805, "energy": 76.309941, "activity_lines": [ 491.296665, 508.289999, 530.536628, 564.082403 ] }, { "date": "2026-06-12", "close": 442.064697, "volume": 459316, "typical_volume": 2184710.9, "trend": 602.71784, "fair_value": 651.314989, "relative_strength": -31.614877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.49254, "energy": 76.789496, "activity_lines": [ 473.211564, 493.490853, 519.626398, 553.11498 ] }, { "date": "2026-06-19", "close": 437.329712, "volume": 1084325, "typical_volume": 2119378.45, "trend": 593.734616, "fair_value": 651.744982, "relative_strength": -32.739738, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.584136, "energy": 80.932168, "activity_lines": [ 459.103823, 479.678715, 509.504396, 542.444778 ] }, { "date": "2026-06-26", "close": 434.840149, "volume": 0, "typical_volume": 1986374.75, "trend": 583.328098, "fair_value": 652.146996, "relative_strength": -32.555397, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.141162, "energy": 87.075506, "activity_lines": [ 447.570913, 467.586117, 500.158961, 532.193522 ] }, { "date": "2026-07-03", "close": 503.863922, "volume": 60755207, "typical_volume": 4816309.8, "trend": 575.338631, "fair_value": 652.984072, "relative_strength": -21.858667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.043603, "energy": 57.686376, "activity_lines": [ 462.643249, 471.094384, 498.314647, 527.066801 ] }, { "date": "2026-07-10", "close": 496.200043, "volume": 61980187, "typical_volume": 7784328.9, "trend": 567.427534, "fair_value": 653.535298, "relative_strength": -22.171204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.360276, "energy": 39.763678, "activity_lines": [ 474.513365, 473.79351, 496.142753, 521.961086 ] }, { "date": "2026-07-17", "close": 518.150024, "volume": 65261783, "typical_volume": 10870327.65, "trend": 560.068731, "fair_value": 653.842519, "relative_strength": -18.457873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.179268, "energy": 22.19985, "activity_lines": [ 492.943471, 480.804451, 496.366334, 518.781892 ] }, { "date": "2026-07-24", "close": 505.899994, "volume": 11655492, "typical_volume": 11333657.3, "trend": 552.907804, "fair_value": 654.031148, "relative_strength": -17.840812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.210908, "energy": 26.797298, "activity_lines": [ 502.217879, 485.719931, 495.64515, 515.287134 ] }, { "date": "2026-07-31", "close": 507.0, "volume": 15097249, "typical_volume": 12020156.75, "trend": 546.577435, "fair_value": 654.249812, "relative_strength": -19.061251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.465389, "energy": 22.683303, "activity_lines": [ 507.287604, 490.51723, 495.282062, 512.32534 ] }, { "date": "2026-08-07", "close": 499.0, "volume": 6131683, "typical_volume": 12228757.35, "trend": 539.646566, "fair_value": 654.326502, "relative_strength": -20.238724, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.981593, "energy": 18.981528, "activity_lines": [ 504.880005, 493.529075, 494.375402, 509.255829 ] } ], "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." } } }