{ "ticker": { "uuid": "1b099395-8e2e-4b27-b1f4-3430c0c351d2", "symbol": "ROSSARI", "name": "Rossari Biotech 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 66.265, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 24.196, "architecture_energy": 15.882, "architecture_maturity": 13.639, "architecture_confidence": 79.638, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 58.78, "rotation_up": 22.85, "upward_expansion": 52.81, "deceleration": 85.98, "rotation_down": 34.92, "downward_expansion": 21.15 }, "activity_lines": [ 509.563334, 516.718622, 516.03549, 506.635015 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 513.950012, "trend_reference": 502.996597, "distance_from_trend": 0.021776, "trend_direction": "Weakening", "fair_value": 691.761235, "distance_from_fair_value": -0.257041, "fair_value_direction": "Weakening", "relative_strength": -6.175641, "relative_strength_direction": "Weakening", "price_momentum": -0.011159, "excess_performance": 0.03255, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.021776, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.047069, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.257041, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.015252, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.061756, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.008703, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.011159, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.793771, "read": "Demand-led" } ], "volume": { "latest": 549274, "relative_activity": 0.68785, "balance": 1.793771, "dry_up": 0.576385, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.072374, "annualized_volatility": 0.420385, "from_high_reference": -0.255469, "from_low_reference": 0.370533 }, "levels": { "trend_reference": 502.996597, "fair_value_reference": 691.761235, "structural_low": 375.0, "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": 17, "median_return": -0.041266, "positive_rate": 0.294118, "directional_follow_through": 0.294118, "median_excess_return": -0.045775, "regime_survival": 0.411765, "best_return": 0.190807, "worst_return": -0.109383, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.120501, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.138923, "regime_survival": 0.333333, "best_return": 0.194614, "worst_return": -0.254736, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.136065, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.177259, "regime_survival": 0.2, "best_return": 0.009162, "worst_return": -0.270225, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.103835, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.201593, "regime_survival": 0.333333, "best_return": -0.01902, "worst_return": -0.269618, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-18", "end": "2024-11-15", "tenure": "Developing", "return": -0.087463, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-12-06", "tenure": "New", "return": 0.060751, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2025-01-24", "tenure": "Developing", "return": -0.116565, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-31", "end": "2025-05-09", "tenure": "Established", "return": -0.080556, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-07-18", "tenure": "Developing", "return": 0.042552, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-08", "tenure": "New", "return": -0.092113, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-15", "end": "2025-08-22", "tenure": "New", "return": 0.009888, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-29", "end": "2025-09-19", "tenure": "New", "return": 0.092049, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-10-10", "tenure": "New", "return": 0.04973, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-17", "end": "2025-11-21", "tenure": "Developing", "return": -0.084835, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-05-08", "tenure": "Established", "return": -0.09356, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-06-19", "tenure": "Developing", "return": 0.106009, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-26", "end": "2026-07-24", "tenure": "Developing", "return": -0.083346, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.019135, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 808.694885, "volume": 306756, "typical_volume": 994081.8, "trend": 735.32075, "fair_value": 970.336027, "relative_strength": -2.996902, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.539518, "energy": 35.154573, "activity_lines": [ 837.673742, 848.930565, 821.549228, 780.644834 ] }, { "date": "2023-08-25", "close": 817.63324, "volume": 224390, "typical_volume": 979560.8, "trend": 739.24541, "fair_value": 970.622674, "relative_strength": -1.205971, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.722981, "energy": 25.963407, "activity_lines": [ 827.563607, 842.49533, 824.968182, 785.955317 ] }, { "date": "2023-09-01", "close": 854.834717, "volume": 1008875, "typical_volume": 694947.45, "trend": 744.77439, "fair_value": 971.033706, "relative_strength": 2.955896, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.355, "energy": 25.612476, "activity_lines": [ 833.492546, 843.357848, 831.010903, 793.412692 ] }, { "date": "2023-09-08", "close": 853.736084, "volume": 446902, "typical_volume": 664950.7, "trend": 750.260091, "fair_value": 971.51503, "relative_strength": 1.389189, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.024492, "energy": 27.257585, "activity_lines": [ 840.306974, 843.828137, 836.083576, 800.442479 ] }, { "date": "2023-09-15", "close": 826.921082, "volume": 196204, "typical_volume": 658649.25, "trend": 754.911839, "fair_value": 971.526307, "relative_strength": -2.902463, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.672119, "energy": 25.776801, "activity_lines": [ 837.201017, 839.695344, 837.79952, 805.388349 ] }, { "date": "2023-09-22", "close": 821.727844, "volume": 231729, "typical_volume": 628762.55, "trend": 760.1606, "fair_value": 971.879146, "relative_strength": -0.414852, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.758312, "energy": 21.52477, "activity_lines": [ 833.655632, 835.34919, 838.347068, 809.699059 ] }, { "date": "2023-09-29", "close": 813.588562, "volume": 191240, "typical_volume": 607555.55, "trend": 766.924459, "fair_value": 972.009482, "relative_strength": -0.527415, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.508583, "energy": 13.996148, "activity_lines": [ 826.528288, 830.280361, 837.436869, 813.146024 ] }, { "date": "2023-10-06", "close": 839.055298, "volume": 147258, "typical_volume": 571363.1, "trend": 774.469012, "fair_value": 972.498322, "relative_strength": 3.036054, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.488069, "energy": 13.118418, "activity_lines": [ 828.159501, 830.907728, 838.4513, 817.799627 ] }, { "date": "2023-10-13", "close": 815.585938, "volume": 306831, "typical_volume": 570072.85, "trend": 782.207629, "fair_value": 972.779195, "relative_strength": 0.207945, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.38323, "energy": 10.363341, "activity_lines": [ 823.019556, 827.89621, 836.667204, 820.452332 ] }, { "date": "2023-10-20", "close": 820.779114, "volume": 250715, "typical_volume": 542419.2, "trend": 789.781694, "fair_value": 972.883401, "relative_strength": 2.291338, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.991312, "energy": 9.074237, "activity_lines": [ 822.154012, 826.254713, 834.947542, 822.940815 ] }, { "date": "2023-10-27", "close": 754.216003, "volume": 407681, "typical_volume": 396443.35, "trend": 795.09208, "fair_value": 972.63506, "relative_strength": -3.079554, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -13.840088, "energy": 17.308511, "activity_lines": [ 799.51023, 812.974773, 826.597964, 820.646254 ] }, { "date": "2023-11-03", "close": 713.718811, "volume": 267774, "typical_volume": 382935.55, "trend": 798.06288, "fair_value": 972.220117, "relative_strength": -8.647629, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -52.770613, "energy": 59.501387, "activity_lines": [ 767.868172, 793.322231, 814.817145, 815.396366 ] }, { "date": "2023-11-10", "close": 714.917236, "volume": 242965, "typical_volume": 373970.6, "trend": 799.456877, "fair_value": 971.8985, "relative_strength": -9.057841, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.333294, "energy": 70.713366, "activity_lines": [ 743.283573, 775.776939, 803.785109, 810.03213 ] }, { "date": "2023-11-17", "close": 725.203796, "volume": 576253, "typical_volume": 383227.05, "trend": 800.7929, "fair_value": 971.500934, "relative_strength": -8.871902, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.21451, "energy": 71.902507, "activity_lines": [ 730.403698, 762.645884, 794.34861, 805.241609 ] }, { "date": "2023-11-24", "close": 711.022339, "volume": 290231, "typical_volume": 377473.65, "trend": 801.646228, "fair_value": 970.934167, "relative_strength": -10.632097, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.949575, "energy": 83.19457, "activity_lines": [ 718.822147, 749.273333, 784.244889, 799.44996 ] }, { "date": "2023-12-01", "close": 758.460388, "volume": 1188798, "typical_volume": 423719.25, "trend": 804.315352, "fair_value": 970.466327, "relative_strength": -6.622754, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.312517, "energy": 71.406675, "activity_lines": [ 730.370398, 746.633132, 779.402393, 796.663777 ] }, { "date": "2023-12-08", "close": 818.43219, "volume": 1851982, "typical_volume": 493802.85, "trend": 807.982214, "fair_value": 970.501801, "relative_strength": -2.465775, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.034379, "energy": 25.315016, "activity_lines": [ 761.62629, 756.047212, 780.771084, 797.574541 ] }, { "date": "2023-12-15", "close": 818.332336, "volume": 483318, "typical_volume": 500919.25, "trend": 811.234906, "fair_value": 970.43597, "relative_strength": -4.559999, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.432165, "energy": 20.068213, "activity_lines": [ 785.868005, 765.355071, 782.386359, 798.24229 ] }, { "date": "2023-12-22", "close": 791.617188, "volume": 649118, "typical_volume": 500796.35, "trend": 813.447019, "fair_value": 969.543134, "relative_strength": -7.157426, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.308501, "energy": 26.673329, "activity_lines": [ 794.310331, 770.182412, 781.720563, 796.976631 ] }, { "date": "2023-12-29", "close": 798.108704, "volume": 452075, "typical_volume": 486054.75, "trend": 814.725352, "fair_value": 968.676571, "relative_strength": -7.892652, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.760261, "energy": 25.868966, "activity_lines": [ 800.488937, 776.625823, 781.898664, 795.987062 ] }, { "date": "2024-01-05", "close": 814.387451, "volume": 838510, "typical_volume": 512642.45, "trend": 813.751621, "fair_value": 968.268761, "relative_strength": -5.795352, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.843489, "energy": 16.354203, "activity_lines": [ 806.288033, 786.441197, 783.856584, 795.965262 ] }, { "date": "2024-01-12", "close": 788.870728, "volume": 302171, "typical_volume": 516531.5, "trend": 811.81415, "fair_value": 967.956872, "relative_strength": -9.346983, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.647503, "energy": 12.17642, "activity_lines": [ 799.853085, 790.523139, 783.357233, 794.360043 ] }, { "date": "2024-01-19", "close": 787.372742, "volume": 267819, "typical_volume": 479478.7, "trend": 809.918292, "fair_value": 967.376529, "relative_strength": -8.249889, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.279203, "energy": 9.689385, "activity_lines": [ 794.889571, 792.966322, 782.852181, 792.783178 ] }, { "date": "2024-01-26", "close": 776.736572, "volume": 481451, "typical_volume": 481206.15, "trend": 806.852293, "fair_value": 966.698606, "relative_strength": -8.195282, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.218016, "energy": 12.429127, "activity_lines": [ 788.444641, 792.158283, 781.655407, 790.642422 ] }, { "date": "2024-02-02", "close": 780.78125, "volume": 367318, "typical_volume": 489761.85, "trend": 803.974379, "fair_value": 966.026477, "relative_strength": -9.708284, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.722381, "energy": 17.20521, "activity_lines": [ 784.339978, 791.148681, 781.210506, 788.960419 ] }, { "date": "2024-02-09", "close": 741.083069, "volume": 468407, "typical_volume": 501595.75, "trend": 799.898031, "fair_value": 964.93881, "relative_strength": -13.82706, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.959942, "energy": 30.111417, "activity_lines": [ 768.157752, 781.652883, 777.204539, 784.902916 ] }, { "date": "2024-02-16", "close": 743.380066, "volume": 276526, "typical_volume": 505860.05, "trend": 795.603634, "fair_value": 963.066947, "relative_strength": -14.381649, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.594813, "energy": 48.071289, "activity_lines": [ 757.628149, 772.890673, 773.801356, 781.256595 ] }, { "date": "2024-02-23", "close": 766.949341, "volume": 328674, "typical_volume": 514930.85, "trend": 792.048271, "fair_value": 961.473037, "relative_strength": -12.20084, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.334477, "energy": 41.97181, "activity_lines": [ 757.987683, 769.778369, 772.977192, 779.407931 ] }, { "date": "2024-03-01", "close": 742.231628, "volume": 281461, "typical_volume": 513662.35, "trend": 788.822481, "fair_value": 959.773728, "relative_strength": -15.448656, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.243028, "energy": 51.611255, "activity_lines": [ 751.469539, 763.106172, 770.142322, 776.193954 ] }, { "date": "2024-03-08", "close": 735.790039, "volume": 241270, "typical_volume": 513190.1, "trend": 785.138955, "fair_value": 958.168305, "relative_strength": -16.65828, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.866115, "energy": 51.94542, "activity_lines": [ 745.104529, 756.160697, 767.043274, 772.772506 ] }, { "date": "2024-03-15", "close": 707.676636, "volume": 421385, "typical_volume": 513875.3, "trend": 781.77168, "fair_value": 956.0321, "relative_strength": -18.05155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.411867, "energy": 54.797287, "activity_lines": [ 732.367798, 745.23676, 761.671468, 767.774937 ] }, { "date": "2024-03-22", "close": 685.455627, "volume": 423057, "typical_volume": 521639.45, "trend": 777.365759, "fair_value": 953.806183, "relative_strength": -20.732591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.714556, "energy": 71.13974, "activity_lines": [ 714.45116, 732.212836, 754.404992, 761.560999 ] }, { "date": "2024-03-29", "close": 676.067932, "volume": 454644, "typical_volume": 532223.4, "trend": 771.406866, "fair_value": 951.278174, "relative_strength": -22.472154, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.70764, "energy": 75.046791, "activity_lines": [ 697.266919, 719.362333, 746.379036, 755.025655 ] }, { "date": "2024-04-05", "close": 717.364014, "volume": 345431, "typical_volume": 520682.3, "trend": 766.861131, "fair_value": 948.756033, "relative_strength": -18.273156, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.670821, "energy": 65.606088, "activity_lines": [ 699.906799, 716.043933, 742.471038, 751.539019 ] }, { "date": "2024-04-12", "close": 723.85553, "volume": 320412, "typical_volume": 522191.35, "trend": 763.425612, "fair_value": 946.680077, "relative_strength": -17.325647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.684679, "energy": 49.020489, "activity_lines": [ 706.368359, 714.985309, 739.218611, 748.764464 ] }, { "date": "2024-04-19", "close": 725.902893, "volume": 290372, "typical_volume": 477270.05, "trend": 760.231447, "fair_value": 944.164099, "relative_strength": -15.442683, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.445689, "energy": 32.203734, "activity_lines": [ 714.308008, 715.333947, 736.10006, 746.343644 ] }, { "date": "2024-04-26", "close": 769.795593, "volume": 260917, "typical_volume": 397716.8, "trend": 758.771682, "fair_value": 941.151014, "relative_strength": -11.262708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.549896, "energy": 15.471533, "activity_lines": [ 735.663472, 723.939078, 737.316803, 746.960685 ] }, { "date": "2024-05-03", "close": 726.502075, "volume": 1027596, "typical_volume": 424930.7, "trend": 755.019908, "fair_value": 937.879261, "relative_strength": -16.24429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.096828, "energy": 18.434933, "activity_lines": [ 736.9651, 724.192378, 734.641956, 744.878775 ] }, { "date": "2024-05-10", "close": 708.974976, "volume": 375745, "typical_volume": 411262.05, "trend": 751.466209, "fair_value": 934.229274, "relative_strength": -16.433896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.298564, "energy": 18.5909, "activity_lines": [ 729.062085, 721.994338, 730.735149, 741.908134 ] }, { "date": "2024-05-17", "close": 698.28894, "volume": 217992, "typical_volume": 399557.9, "trend": 747.383203, "fair_value": 931.220549, "relative_strength": -18.85349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.03569, "energy": 24.05393, "activity_lines": [ 718.156327, 718.458049, 726.204158, 738.477343 ] }, { "date": "2024-05-24", "close": 693.64502, "volume": 196000, "typical_volume": 367432.4, "trend": 745.36417, "fair_value": 927.766616, "relative_strength": -20.759512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.52026, "energy": 38.411309, "activity_lines": [ 707.407035, 714.759249, 721.706221, 735.010363 ] }, { "date": "2024-05-31", "close": 688.80127, "volume": 265901, "typical_volume": 365618.9, "trend": 744.533586, "fair_value": 924.092129, "relative_strength": -19.400069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.687458, "energy": 50.944023, "activity_lines": [ 697.193685, 710.434887, 717.321939, 731.361144 ] }, { "date": "2024-06-07", "close": 688.901123, "volume": 716478, "typical_volume": 388051.85, "trend": 743.666382, "fair_value": 920.582539, "relative_strength": -21.38463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.721634, "energy": 51.445918, "activity_lines": [ 692.413241, 706.06785, 713.423688, 727.771953 ] }, { "date": "2024-06-14", "close": 768.24762, "volume": 1112224, "typical_volume": 419590.5, "trend": 745.101176, "fair_value": 917.733058, "relative_strength": -12.437031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.419725, "energy": 12.707479, "activity_lines": [ 716.588359, 715.894119, 717.551158, 729.357839 ] }, { "date": "2024-06-21", "close": 822.526794, "volume": 1449829, "typical_volume": 473716.05, "trend": 748.817991, "fair_value": 915.259001, "relative_strength": -5.896856, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.712736, "energy": 25.683688, "activity_lines": [ 754.905025, 734.664171, 726.888498, 734.35304 ] }, { "date": "2024-06-28", "close": 840.603271, "volume": 1130609, "typical_volume": 506826.15, "trend": 751.556087, "fair_value": 912.989661, "relative_strength": -5.367392, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.142218, "energy": 52.16733, "activity_lines": [ 790.96466, 754.926833, 737.748618, 740.274671 ] }, { "date": "2024-07-05", "close": 818.73175, "volume": 780703, "typical_volume": 532035.0, "trend": 751.566073, "fair_value": 910.669918, "relative_strength": -8.484064, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.432202, "energy": 62.03101, "activity_lines": [ 809.936572, 769.127394, 746.05183, 744.608585 ] }, { "date": "2024-07-12", "close": 801.404358, "volume": 407649, "typical_volume": 535983.75, "trend": 751.001807, "fair_value": 908.345518, "relative_strength": -10.538466, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.7318, "energy": 64.235008, "activity_lines": [ 814.470654, 779.287771, 752.345997, 747.823958 ] }, { "date": "2024-07-19", "close": 800.156067, "volume": 480690, "typical_volume": 545945.2, "trend": 751.286436, "fair_value": 905.519062, "relative_strength": -10.2369, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.745423, "energy": 59.101191, "activity_lines": [ 811.088424, 787.859326, 758.357208, 750.995201 ] }, { "date": "2024-07-26", "close": 834.710938, "volume": 664644, "typical_volume": 567113.9, "trend": 752.50651, "fair_value": 902.967161, "relative_strength": -6.971992, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.319529, "energy": 56.006204, "activity_lines": [ 817.097254, 801.055747, 767.383528, 756.377427 ] }, { "date": "2024-08-02", "close": 907.366089, "volume": 3231027, "typical_volume": 707596.0, "trend": 755.605798, "fair_value": 899.848471, "relative_strength": 1.945398, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.123719, "energy": 69.764705, "activity_lines": [ 846.512191, 824.981796, 782.858335, 766.368367 ] }, { "date": "2024-08-09", "close": 923.544983, "volume": 3114850, "typical_volume": 842185.65, "trend": 760.09494, "fair_value": 897.057511, "relative_strength": 5.57347, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.950163, "energy": 80.758636, "activity_lines": [ 876.869238, 847.963624, 798.923086, 777.203154 ] }, { "date": "2024-08-16", "close": 909.963745, "volume": 639237, "typical_volume": 851415.3, "trend": 764.181307, "fair_value": 894.260342, "relative_strength": 3.551179, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.889203, "energy": 81.077707, "activity_lines": [ 895.711658, 864.208069, 812.560627, 786.872109 ] }, { "date": "2024-08-23", "close": 912.361938, "volume": 532574, "typical_volume": 860772.45, "trend": 768.702153, "fair_value": 891.630979, "relative_strength": 2.958968, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.388006, "energy": 81.771011, "activity_lines": [ 908.116182, 876.869228, 825.312778, 796.432149 ] }, { "date": "2024-08-30", "close": 880.286133, "volume": 1669713, "typical_volume": 928237.5, "trend": 772.018982, "fair_value": 888.226531, "relative_strength": -1.804062, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.38224, "energy": 58.753531, "activity_lines": [ 902.34838, 881.078163, 834.081529, 803.631116 ] }, { "date": "2024-09-06", "close": 881.235413, "volume": 325251, "typical_volume": 929981.45, "trend": 776.690727, "fair_value": 884.962058, "relative_strength": 0.23297, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.349986, "energy": 47.420723, "activity_lines": [ 893.858659, 884.409524, 842.19578, 810.677337 ] }, { "date": "2024-09-13", "close": 895.6745, "volume": 485842, "typical_volume": 941227.7, "trend": 781.767208, "fair_value": 881.243486, "relative_strength": 0.155422, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.688603, "energy": 42.401564, "activity_lines": [ 891.924011, 889.627407, 850.945503, 818.35371 ] }, { "date": "2024-09-20", "close": 912.212097, "volume": 585612, "typical_volume": 919128.5, "trend": 786.6093, "fair_value": 877.688466, "relative_strength": 0.637447, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.60314, "energy": 42.374535, "activity_lines": [ 897.359929, 896.453167, 860.670812, 826.769509 ] }, { "date": "2024-09-27", "close": 914.4104, "volume": 1247749, "typical_volume": 962728.7, "trend": 792.348592, "fair_value": 874.353414, "relative_strength": -0.260472, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.21112, "energy": 42.728212, "activity_lines": [ 903.378723, 901.663933, 869.72115, 835.014741 ] }, { "date": "2024-10-04", "close": 876.039368, "volume": 304411, "typical_volume": 967049.65, "trend": 797.02357, "fair_value": 870.477645, "relative_strength": 0.424985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.520823, "energy": 34.198461, "activity_lines": [ 896.47061, 897.820795, 874.13884, 840.414146 ] }, { "date": "2024-10-11", "close": 854.055908, "volume": 337690, "typical_volume": 974134.15, "trend": 801.902879, "fair_value": 866.186349, "relative_strength": -1.512996, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.562707, "energy": 25.908876, "activity_lines": [ 882.517794, 889.229239, 875.616437, 844.093652 ] }, { "date": "2024-10-18", "close": 875.140015, "volume": 365257, "typical_volume": 979101.95, "trend": 808.225692, "fair_value": 862.626098, "relative_strength": 1.748189, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.614119, "energy": 19.238859, "activity_lines": [ 877.404981, 885.440433, 878.338182, 848.818628 ] }, { "date": "2024-10-25", "close": 763.873962, "volume": 497082, "typical_volume": 968132.15, "trend": 811.152559, "fair_value": 858.476959, "relative_strength": -8.307446, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.390004, "energy": 18.11041, "activity_lines": [ 836.572449, 862.301526, 869.575834, 845.957226 ] }, { "date": "2024-11-01", "close": 817.933167, "volume": 169787, "typical_volume": 921010.3, "trend": 814.504865, "fair_value": 855.005546, "relative_strength": -2.128462, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.15756, "energy": 20.077477, "activity_lines": [ 823.648861, 851.647743, 865.604967, 846.394685 ] }, { "date": "2024-11-08", "close": 817.183716, "volume": 249009, "typical_volume": 860969.3, "trend": 817.615804, "fair_value": 851.154659, "relative_strength": -1.422497, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.760549, "energy": 25.487743, "activity_lines": [ 816.907271, 842.574583, 861.326126, 846.567514 ] }, { "date": "2024-11-15", "close": 798.597778, "volume": 282641, "typical_volume": 818570.9, "trend": 820.038967, "fair_value": 847.052603, "relative_strength": -0.988602, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.838434, "energy": 36.366317, "activity_lines": [ 807.89408, 831.269478, 855.302639, 845.340545 ] }, { "date": "2024-11-22", "close": 774.715759, "volume": 140547, "typical_volume": 786563.1, "trend": 820.202972, "fair_value": 843.556067, "relative_strength": -5.267518, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.872377, "energy": 41.31253, "activity_lines": [ 794.617423, 817.12469, 847.2047, 842.416467 ] }, { "date": "2024-11-29", "close": 816.833984, "volume": 208207, "typical_volume": 776591.0, "trend": 823.214036, "fair_value": 840.493836, "relative_strength": -0.844728, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.843886, "energy": 22.374409, "activity_lines": [ 802.075126, 812.837012, 843.327621, 842.199113 ] }, { "date": "2024-12-06", "close": 821.780273, "volume": 144558, "typical_volume": 759784.4, "trend": 826.974213, "fair_value": 837.04133, "relative_strength": -2.138393, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.879922, "energy": 21.501805, "activity_lines": [ 807.650923, 811.182806, 839.848142, 842.106612 ] }, { "date": "2024-12-13", "close": 825.527466, "volume": 418148, "typical_volume": 747459.6, "trend": 831.215497, "fair_value": 834.028114, "relative_strength": -1.784441, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.746116, "energy": 12.70196, "activity_lines": [ 814.219311, 811.894092, 836.622567, 842.013273 ] }, { "date": "2024-12-20", "close": 792.652222, "volume": 252471, "typical_volume": 598531.8, "trend": 834.515737, "fair_value": 831.144941, "relative_strength": -0.779443, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.685735, "energy": 12.549886, "activity_lines": [ 809.273035, 807.546459, 830.309747, 839.52532 ] }, { "date": "2024-12-27", "close": 796.349426, "volume": 89023, "typical_volume": 447240.45, "trend": 838.100675, "fair_value": 828.043788, "relative_strength": -1.077764, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.300679, "energy": 23.445855, "activity_lines": [ 805.95553, 804.987475, 824.895298, 837.062977 ] }, { "date": "2025-01-03", "close": 798.897522, "volume": 152866, "typical_volume": 422921.9, "trend": 841.767222, "fair_value": 825.112736, "relative_strength": -1.314845, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.557596, "energy": 27.612469, "activity_lines": [ 802.045146, 804.324339, 820.329217, 834.533742 ] }, { "date": "2025-01-10", "close": 818.982361, "volume": 355878, "typical_volume": 414087.1, "trend": 843.45838, "fair_value": 821.774645, "relative_strength": 3.704956, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.963448, "energy": 25.864036, "activity_lines": [ 806.025472, 806.676198, 818.204866, 833.063751 ] }, { "date": "2025-01-17", "close": 804.693115, "volume": 395995, "typical_volume": 350401.2, "trend": 842.863924, "fair_value": 818.899606, "relative_strength": 3.00006, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.127173, "energy": 24.016299, "activity_lines": [ 805.429244, 806.410937, 815.164298, 830.562766 ] }, { "date": "2025-01-24", "close": 729.299988, "volume": 319432, "typical_volume": 350110.25, "trend": 839.153815, "fair_value": 815.970612, "relative_strength": -5.943917, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -72.441518, "energy": 47.016627, "activity_lines": [ 781.09093, 792.664937, 805.3034, 823.23606 ] }, { "date": "2025-01-31", "close": 725.652771, "volume": 195812, "typical_volume": 335608.75, "trend": 836.051182, "fair_value": 812.859676, "relative_strength": -7.814591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.620983, "energy": 61.011163, "activity_lines": [ 759.76036, 779.515766, 795.818649, 815.913412 ] }, { "date": "2025-02-07", "close": 729.399963, "volume": 340509, "typical_volume": 323353.6, "trend": 833.651036, "fair_value": 810.202096, "relative_strength": -7.378383, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.517487, "energy": 68.644739, "activity_lines": [ 744.391964, 767.939957, 787.500402, 809.032689 ] }, { "date": "2025-02-14", "close": 637.069519, "volume": 182405, "typical_volume": 270086.4, "trend": 828.214817, "fair_value": 807.640613, "relative_strength": -16.592415, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.538349, "energy": 85.178059, "activity_lines": [ 702.879923, 741.166504, 771.259312, 796.35001 ] }, { "date": "2025-02-21", "close": 636.919678, "volume": 190296, "typical_volume": 264380.65, "trend": 821.621775, "fair_value": 805.484807, "relative_strength": -15.804044, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.304958, "energy": 86.604984, "activity_lines": [ 673.445459, 717.724184, 756.324623, 784.008388 ] }, { "date": "2025-02-28", "close": 594.551636, "volume": 171909, "typical_volume": 256091.6, "trend": 811.194627, "fair_value": 803.298132, "relative_strength": -18.721162, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.389229, "energy": 91.890202, "activity_lines": [ 641.07321, 690.007817, 738.493547, 769.358702 ] }, { "date": "2025-03-07", "close": 663.649536, "volume": 208877, "typical_volume": 248272.6, "trend": 802.531445, "fair_value": 801.459766, "relative_strength": -10.825678, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.349716, "energy": 79.531913, "activity_lines": [ 640.716817, 678.456533, 728.478959, 759.839664 ] }, { "date": "2025-03-14", "close": 615.236023, "volume": 170351, "typical_volume": 231936.05, "trend": 792.707188, "fair_value": 799.346862, "relative_strength": -16.530906, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.713983, "energy": 72.085681, "activity_lines": [ 628.356136, 660.515517, 714.860657, 747.756088 ] }, { "date": "2025-03-21", "close": 627.077087, "volume": 289068, "typical_volume": 237900.1, "trend": 783.197693, "fair_value": 797.421112, "relative_strength": -18.198233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.15542, "energy": 57.262419, "activity_lines": [ 627.553406, 648.066722, 703.077875, 737.070275 ] }, { "date": "2025-03-28", "close": 604.194397, "volume": 504348, "typical_volume": 250667.05, "trend": 773.994635, "fair_value": 795.226559, "relative_strength": -21.538422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.20355, "energy": 54.99465, "activity_lines": [ 619.789274, 634.946625, 690.024628, 725.521675 ] }, { "date": "2025-04-04", "close": 620.382141, "volume": 140537, "typical_volume": 243561.85, "trend": 765.299526, "fair_value": 792.979128, "relative_strength": -17.040611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.671621, "energy": 50.791349, "activity_lines": [ 619.602742, 628.415185, 679.527306, 715.611192 ] }, { "date": "2025-04-11", "close": 677.688904, "volume": 321036, "typical_volume": 252586.3, "trend": 758.033339, "fair_value": 790.997709, "relative_strength": -8.944273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.077357, "energy": 36.56017, "activity_lines": [ 636.796431, 634.283482, 675.336416, 709.958894 ] }, { "date": "2025-04-18", "close": 680.486816, "volume": 314099, "typical_volume": 257880.9, "trend": 750.309163, "fair_value": 789.357745, "relative_strength": -12.27048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.958277, "energy": 28.942302, "activity_lines": [ 653.9868, 641.532559, 671.874027, 704.955892 ] }, { "date": "2025-04-25", "close": 698.822937, "volume": 1093730, "typical_volume": 305339.5, "trend": 743.122915, "fair_value": 787.766908, "relative_strength": -10.330809, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.534506, "energy": 22.977267, "activity_lines": [ 672.939156, 653.004807, 670.807208, 701.6342 ] }, { "date": "2025-05-02", "close": 667.596497, "volume": 273110, "typical_volume": 298087.6, "trend": 736.174819, "fair_value": 786.355046, "relative_strength": -15.17228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.419534, "energy": 23.067525, "activity_lines": [ 676.699642, 657.676731, 667.351953, 696.761528 ] }, { "date": "2025-05-09", "close": 667.196838, "volume": 308516, "typical_volume": 300889.85, "trend": 729.946183, "fair_value": 785.042281, "relative_strength": -13.803731, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.557668, "energy": 19.144348, "activity_lines": [ 676.100102, 661.718229, 664.610687, 692.311336 ] }, { "date": "2025-05-16", "close": 712.962341, "volume": 399062, "typical_volume": 316391.8, "trend": 724.540261, "fair_value": 783.930177, "relative_strength": -11.47955, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.952072, "energy": 11.56732, "activity_lines": [ 687.634749, 672.759906, 666.825448, 691.215604 ] }, { "date": "2025-05-23", "close": 657.354248, "volume": 481024, "typical_volume": 332799.7, "trend": 720.989604, "fair_value": 782.458095, "relative_strength": -17.651276, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.674946, "energy": 11.311986, "activity_lines": [ 678.281803, 672.794425, 664.14128, 686.881022 ] }, { "date": "2025-05-30", "close": 663.249817, "volume": 767162, "typical_volume": 353363.9, "trend": 715.833492, "fair_value": 781.089978, "relative_strength": -16.379821, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.529524, "energy": 14.027186, "activity_lines": [ 672.436218, 673.135079, 662.692611, 683.155875 ] }, { "date": "2025-06-06", "close": 686.632202, "volume": 335611, "typical_volume": 350344.7, "trend": 711.481775, "fair_value": 779.864077, "relative_strength": -14.19656, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.024864, "energy": 11.237691, "activity_lines": [ 676.756303, 677.069389, 664.21242, 681.271921 ] }, { "date": "2025-06-13", "close": 677.539001, "volume": 210300, "typical_volume": 344888.1, "trend": 707.446482, "fair_value": 778.870157, "relative_strength": -14.083444, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.193598, "energy": 14.763045, "activity_lines": [ 676.776273, 677.851521, 665.428404, 679.082064 ] }, { "date": "2025-06-20", "close": 669.650024, "volume": 185637, "typical_volume": 344379.35, "trend": 703.944291, "fair_value": 777.690443, "relative_strength": -15.99345, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.073316, "energy": 12.462019, "activity_lines": [ 673.477107, 676.160078, 666.139538, 676.643583 ] }, { "date": "2025-06-27", "close": 682.349976, "volume": 214308, "typical_volume": 338069.3, "trend": 699.461491, "fair_value": 776.508381, "relative_strength": -15.725876, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.246159, "energy": 6.802915, "activity_lines": [ 677.298747, 676.923879, 668.326871, 675.250402 ] }, { "date": "2025-07-04", "close": 685.349976, "volume": 368412, "typical_volume": 347369.65, "trend": 694.913814, "fair_value": 775.420358, "relative_strength": -14.416235, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.181776, "energy": 5.581962, "activity_lines": [ 680.454004, 678.199259, 671.023966, 674.339981 ] }, { "date": "2025-07-11", "close": 702.150024, "volume": 630838, "typical_volume": 369396.75, "trend": 690.801233, "fair_value": 774.484809, "relative_strength": -10.972848, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.701728, "energy": 12.373065, "activity_lines": [ 687.735933, 682.774155, 675.091158, 674.806834 ] }, { "date": "2025-07-18", "close": 743.299988, "volume": 1393133, "typical_volume": 430457.95, "trend": 689.156158, "fair_value": 773.804405, "relative_strength": -4.904341, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.364828, "energy": 48.811177, "activity_lines": [ 707.699996, 694.202618, 682.766774, 678.19385 ] }, { "date": "2025-07-25", "close": 713.799988, "volume": 704880, "typical_volume": 455258.1, "trend": 686.40451, "fair_value": 772.625265, "relative_strength": -7.919814, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.505655, "energy": 47.715681, "activity_lines": [ 713.446659, 698.88375, 686.924541, 679.783774 ] }, { "date": "2025-08-01", "close": 703.150024, "volume": 262310, "typical_volume": 459856.05, "trend": 683.212927, "fair_value": 771.055747, "relative_strength": -7.831431, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.381215, "energy": 47.432152, "activity_lines": [ 712.700004, 701.613296, 689.829213, 680.86413 ] }, { "date": "2025-08-08", "close": 648.049988, "volume": 364184, "typical_volume": 463611.85, "trend": 677.515181, "fair_value": 769.156374, "relative_strength": -13.745829, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 22.152272, "energy": 16.602186, "activity_lines": [ 692.2, 693.492002, 687.067625, 678.595553 ] }, { "date": "2025-08-15", "close": 627.049988, "volume": 135906, "typical_volume": 445189.75, "trend": 671.593744, "fair_value": 767.191157, "relative_strength": -16.846327, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.904781, "energy": 21.708815, "activity_lines": [ 667.186662, 681.828887, 682.206167, 675.339735 ] }, { "date": "2025-08-22", "close": 633.25, "volume": 189727, "typical_volume": 447649.25, "trend": 668.392078, "fair_value": 765.212586, "relative_strength": -16.23631, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.453933, "energy": 32.457316, "activity_lines": [ 649.246663, 672.376361, 677.826349, 672.865945 ] }, { "date": "2025-08-29", "close": 618.150024, "volume": 135035, "typical_volume": 438349.2, "trend": 664.808653, "fair_value": 762.845179, "relative_strength": -16.242519, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.323778, "energy": 49.172611, "activity_lines": [ 633.610006, 660.983638, 671.947163, 669.624522 ] }, { "date": "2025-09-05", "close": 626.0, "volume": 127062, "typical_volume": 428997.35, "trend": 661.361987, "fair_value": 760.528412, "relative_strength": -15.710976, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.183501, "energy": 60.203973, "activity_lines": [ 626.966671, 651.954548, 667.099112, 667.120738 ] }, { "date": "2025-09-12", "close": 628.049988, "volume": 303719, "typical_volume": 389496.8, "trend": 661.061336, "fair_value": 758.152176, "relative_strength": -16.136737, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.428485, "energy": 55.981801, "activity_lines": [ 626.15, 644.322727, 662.705759, 664.971576 ] }, { "date": "2025-09-19", "close": 675.049988, "volume": 586279, "typical_volume": 405155.25, "trend": 662.332347, "fair_value": 756.478978, "relative_strength": -10.113844, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.233799, "energy": 22.065061, "activity_lines": [ 642.333329, 646.278179, 663.12561, 665.87407 ] }, { "date": "2025-09-26", "close": 630.400024, "volume": 188108, "typical_volume": 399134.85, "trend": 663.527293, "fair_value": 754.314525, "relative_strength": -13.243428, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.657719, "energy": 21.139907, "activity_lines": [ 640.433337, 640.608184, 659.257592, 663.81392 ] }, { "date": "2025-10-03", "close": 644.799988, "volume": 249593, "typical_volume": 391661.4, "trend": 662.898975, "fair_value": 752.474926, "relative_strength": -11.589499, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -37.600441, "energy": 19.785055, "activity_lines": [ 643.523332, 639.609091, 656.936221, 662.605707 ] }, { "date": "2025-10-10", "close": 661.75, "volume": 964220, "typical_volume": 415821.2, "trend": 664.44944, "fair_value": 750.868411, "relative_strength": -10.194921, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -32.182158, "energy": 17.639213, "activity_lines": [ 650.486666, 642.946363, 656.55372, 662.53158 ] }, { "date": "2025-10-17", "close": 671.299988, "volume": 563750, "typical_volume": 405650.6, "trend": 665.923537, "fair_value": 749.566534, "relative_strength": -9.86178, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.958654, "energy": 12.538698, "activity_lines": [ 658.249996, 648.772725, 657.059809, 662.973551 ] }, { "date": "2025-10-24", "close": 650.400024, "volume": 231442, "typical_volume": 400442.15, "trend": 667.463725, "fair_value": 748.01553, "relative_strength": -12.586885, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.285246, "energy": 15.119093, "activity_lines": [ 656.163338, 650.376366, 655.537091, 661.972034 ] }, { "date": "2025-10-31", "close": 640.950012, "volume": 281680, "typical_volume": 404011.15, "trend": 668.14932, "fair_value": 746.435295, "relative_strength": -13.106244, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.637793, "energy": 16.694328, "activity_lines": [ 652.570007, 649.837277, 653.286907, 660.261471 ] }, { "date": "2025-11-07", "close": 627.599976, "volume": 95231, "typical_volume": 399490.85, "trend": 666.479689, "fair_value": 745.162605, "relative_strength": -13.614943, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.332781, "energy": 24.261361, "activity_lines": [ 643.823332, 646.730908, 649.939523, 657.645385 ] }, { "date": "2025-11-14", "close": 629.950012, "volume": 121736, "typical_volume": 394862.25, "trend": 664.795129, "fair_value": 744.047001, "relative_strength": -14.131926, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.720335, "energy": 36.407589, "activity_lines": [ 637.006669, 643.880002, 647.016191, 655.288631 ] }, { "date": "2025-11-21", "close": 614.349976, "volume": 114207, "typical_volume": 382152.0, "trend": 661.979364, "fair_value": 742.87106, "relative_strength": -16.263597, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.872428, "energy": 51.656899, "activity_lines": [ 627.109994, 638.120906, 642.856665, 652.034105 ] }, { "date": "2025-11-28", "close": 600.150024, "volume": 213949, "typical_volume": 361307.55, "trend": 659.731148, "fair_value": 741.502056, "relative_strength": -18.006631, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.405067, "energy": 62.119422, "activity_lines": [ 616.276668, 630.029093, 637.682858, 648.045116 ] }, { "date": "2025-12-05", "close": 603.25, "volume": 167350, "typical_volume": 300018.4, "trend": 657.599587, "fair_value": 740.375552, "relative_strength": -16.944313, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.000352, "energy": 61.545909, "activity_lines": [ 609.826668, 623.862729, 633.290001, 644.401171 ] }, { "date": "2025-12-12", "close": 585.349976, "volume": 213028, "typical_volume": 275425.8, "trend": 653.345841, "fair_value": 739.323668, "relative_strength": -18.362633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.282179, "energy": 66.209628, "activity_lines": [ 599.923328, 614.935451, 627.859284, 639.739905 ] }, { "date": "2025-12-19", "close": 569.75, "volume": 165358, "typical_volume": 270578.2, "trend": 650.4257, "fair_value": 738.604249, "relative_strength": -19.637059, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.09875, "energy": 72.806865, "activity_lines": [ 587.636662, 604.252724, 621.554522, 634.346625 ] }, { "date": "2025-12-26", "close": 575.599976, "volume": 92208, "typical_volume": 256979.4, "trend": 647.504038, "fair_value": 737.642123, "relative_strength": -18.39684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.979522, "energy": 72.204925, "activity_lines": [ 581.313322, 596.306357, 616.442139, 629.519159 ] }, { "date": "2026-01-02", "close": 583.5, "volume": 78330, "typical_volume": 254100.6, "trend": 644.066298, "fair_value": 736.761985, "relative_strength": -17.525157, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.801892, "energy": 69.503464, "activity_lines": [ 580.206657, 591.536357, 612.427139, 625.389866 ] }, { "date": "2026-01-09", "close": 565.349976, "volume": 121600, "typical_volume": 250694.25, "trend": 640.326664, "fair_value": 735.802606, "relative_strength": -17.317302, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.138768, "energy": 73.129675, "activity_lines": [ 574.159986, 584.682717, 606.890947, 620.311394 ] }, { "date": "2026-01-16", "close": 534.75, "volume": 158705, "typical_volume": 251877.75, "trend": 635.829997, "fair_value": 734.682899, "relative_strength": -21.035147, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.627222, "energy": 84.334401, "activity_lines": [ 560.43999, 573.639991, 598.763804, 613.499996 ] }, { "date": "2026-01-23", "close": 533.5, "volume": 888966, "typical_volume": 289972.95, "trend": 630.868331, "fair_value": 733.616275, "relative_strength": -18.578003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.812465, "energy": 79.637314, "activity_lines": [ 549.67666, 564.058174, 590.914757, 606.898061 ] }, { "date": "2026-01-30", "close": 564.400024, "volume": 246714, "typical_volume": 287122.7, "trend": 626.836666, "fair_value": 732.817779, "relative_strength": -14.246632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.556437, "energy": 55.745767, "activity_lines": [ 551.630005, 561.84818, 586.449045, 602.609783 ] }, { "date": "2026-02-06", "close": 519.75, "volume": 269854, "typical_volume": 271301.45, "trend": 620.756665, "fair_value": 731.731785, "relative_strength": -21.554422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.557128, "energy": 60.777916, "activity_lines": [ 539.446671, 552.428181, 578.034045, 595.700966 ] }, { "date": "2026-02-13", "close": 524.25, "volume": 200993, "typical_volume": 271945.7, "trend": 613.454999, "fair_value": 730.686153, "relative_strength": -19.752742, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.558826, "energy": 55.882982, "activity_lines": [ 533.013338, 545.288181, 570.787141, 589.47473 ] }, { "date": "2026-02-20", "close": 510.200012, "volume": 159740, "typical_volume": 267453.05, "trend": 606.668333, "fair_value": 729.698557, "relative_strength": -21.740532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.869331, "energy": 56.902062, "activity_lines": [ 524.636674, 537.030003, 562.707618, 582.813117 ] }, { "date": "2026-02-27", "close": 496.25, "volume": 175177, "typical_volume": 228000.9, "trend": 599.771665, "fair_value": 728.965077, "relative_strength": -22.273424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.98255, "energy": 71.60073, "activity_lines": [ 513.246671, 527.601821, 553.940476, 575.689354 ] }, { "date": "2026-03-06", "close": 467.0, "volume": 183172, "typical_volume": 208972.0, "trend": 593.736666, "fair_value": 728.030983, "relative_strength": -24.081732, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.000276, "energy": 80.602639, "activity_lines": [ 494.590002, 514.191821, 543.175714, 567.12344 ] }, { "date": "2026-03-13", "close": 446.299988, "volume": 214679, "typical_volume": 208133.85, "trend": 587.711666, "fair_value": 727.151961, "relative_strength": -22.892004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.780174, "energy": 91.064467, "activity_lines": [ 475.526664, 498.992728, 531.412379, 557.611396 ] }, { "date": "2026-03-20", "close": 411.350006, "volume": 342340, "typical_volume": 211166.85, "trend": 580.314999, "fair_value": 725.983966, "relative_strength": -28.318351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.851119, "energy": 94.667818, "activity_lines": [ 449.71, 479.933638, 517.29238, 546.233225 ] }, { "date": "2026-03-27", "close": 398.0, "volume": 536070, "typical_volume": 233208.8, "trend": 572.976665, "fair_value": 724.721759, "relative_strength": -29.296708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.699325, "energy": 93.620249, "activity_lines": [ 426.969999, 461.247274, 502.994285, 534.470967 ] }, { "date": "2026-04-03", "close": 428.100006, "volume": 709628, "typical_volume": 262603.4, "trend": 566.379999, "fair_value": 723.462177, "relative_strength": -23.099112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.33388, "energy": 80.758157, "activity_lines": [ 421.743335, 450.520002, 492.656191, 525.124086 ] }, { "date": "2026-04-10", "close": 453.450012, "volume": 375444, "typical_volume": 275665.25, "trend": 560.56, "fair_value": 722.054181, "relative_strength": -22.415871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.984565, "energy": 61.989973, "activity_lines": [ 429.510006, 446.318185, 485.693573, 517.83828 ] }, { "date": "2026-04-17", "close": 504.25, "volume": 1188741, "typical_volume": 324404.85, "trend": 554.866667, "fair_value": 720.894738, "relative_strength": -14.266515, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.952219, "energy": 41.303613, "activity_lines": [ 455.113338, 453.370003, 484.33524, 514.205377 ] }, { "date": "2026-04-24", "close": 516.400024, "volume": 1076223, "typical_volume": 369848.5, "trend": 551.066667, "fair_value": 719.811261, "relative_strength": -9.992133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.606527, "energy": 23.857685, "activity_lines": [ 480.903345, 462.912734, 484.590718, 511.723658 ] }, { "date": "2026-05-01", "close": 478.950012, "volume": 3977049, "typical_volume": 558049.55, "trend": 545.538334, "fair_value": 718.53282, "relative_strength": -16.366192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.684949, "energy": 27.551835, "activity_lines": [ 487.206679, 465.789099, 481.6931, 507.07097 ] }, { "date": "2026-05-08", "close": 544.0, "volume": 2911288, "typical_volume": 695346.05, "trend": 541.613334, "fair_value": 717.478806, "relative_strength": -5.305366, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.511301, "energy": 20.785164, "activity_lines": [ 509.796675, 481.060916, 485.497386, 506.971723 ] }, { "date": "2026-05-15", "close": 506.649994, "volume": 804508, "typical_volume": 730961.05, "trend": 536.125001, "fair_value": 716.106359, "relative_strength": -9.301319, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.367536, "energy": 20.015222, "activity_lines": [ 512.210004, 488.673642, 485.867147, 504.716024 ] }, { "date": "2026-05-22", "close": 524.0, "volume": 644874, "typical_volume": 759288.25, "trend": 531.911667, "fair_value": 714.816271, "relative_strength": -6.162309, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.365547, "energy": 15.729111, "activity_lines": [ 516.860002, 498.720004, 488.217623, 503.933766 ] }, { "date": "2026-05-29", "close": 518.849976, "volume": 519655, "typical_volume": 779191.0, "trend": 527.841666, "fair_value": 713.271984, "relative_strength": -6.042083, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.729264, "energy": 16.63643, "activity_lines": [ 518.476658, 506.417272, 490.360954, 503.091076 ] }, { "date": "2026-06-05", "close": 526.492126, "volume": 53498, "typical_volume": 773930.65, "trend": 524.471404, "fair_value": 711.239245, "relative_strength": -3.529414, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.158816, "energy": 12.957982, "activity_lines": [ 522.477368, 513.549476, 493.453537, 503.004009 ] }, { "date": "2026-06-12", "close": 503.464355, "volume": 115938, "typical_volume": 735279.25, "trend": 520.255215, "fair_value": 709.037127, "relative_strength": -8.288921, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.232142, "energy": 10.619203, "activity_lines": [ 515.63268, 514.158593, 494.392322, 501.648715 ] }, { "date": "2026-06-19", "close": 560.359497, "volume": 819039, "typical_volume": 763895.5, "trend": 518.455533, "fair_value": 707.217326, "relative_strength": 0.693961, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.848219, "energy": 22.974248, "activity_lines": [ 530.455416, 523.742019, 500.892719, 504.236088 ] }, { "date": "2026-06-26", "close": 534.334534, "volume": 0, "typical_volume": 750402.8, "trend": 516.261683, "fair_value": 705.073851, "relative_strength": -3.802369, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.894582, "energy": 19.194263, "activity_lines": [ 533.02253, 526.649826, 504.933789, 505.26054 ] }, { "date": "2026-07-03", "close": 521.147339, "volume": 58273, "typical_volume": 743266.8, "trend": 513.524928, "fair_value": 702.856086, "relative_strength": -6.583361, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.315784, "energy": 20.189958, "activity_lines": [ 530.504944, 526.612969, 507.649486, 505.575744 ] }, { "date": "2026-07-10", "close": 524.200012, "volume": 339468, "typical_volume": 752253.2, "trend": 511.486596, "fair_value": 700.681897, "relative_strength": -5.291611, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.973725, "energy": 23.905727, "activity_lines": [ 528.851758, 527.044829, 510.670687, 506.264459 ] }, { "date": "2026-07-17", "close": 531.450012, "volume": 524559, "typical_volume": 769722.3, "trend": 510.209929, "fair_value": 698.497526, "relative_strength": -3.843097, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.887992, "energy": 16.446904, "activity_lines": [ 529.768046, 527.972143, 514.315699, 507.552421 ] }, { "date": "2026-07-24", "close": 489.799988, "volume": 361590, "typical_volume": 778643.2, "trend": 507.34993, "fair_value": 696.037203, "relative_strength": -8.636333, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -4.233082, "energy": 7.121191, "activity_lines": [ 514.935282, 521.554907, 513.826422, 506.235651 ] }, { "date": "2026-07-31", "close": 504.299988, "volume": 405638, "typical_volume": 788191.15, "trend": 504.709929, "fair_value": 693.891657, "relative_strength": -7.683561, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.557528, "energy": 15.735765, "activity_lines": [ 509.639819, 518.080399, 514.609526, 506.03888 ] }, { "date": "2026-08-07", "close": 513.950012, "volume": 549274, "typical_volume": 798537.85, "trend": 502.996597, "fair_value": 691.761235, "relative_strength": -6.175641, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.195975, "energy": 15.882201, "activity_lines": [ 509.563334, 516.718622, 516.03549, 506.635015 ] } ], "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." } } }