{ "ticker": { "uuid": "1b27ddf6-1243-4538-a47b-f6d8e0f611ff", "symbol": "MANYAVAR", "name": "Vedant Fashions Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "mixed", "architecture_direction": 52.569, "architecture_energy": 56.168, "architecture_maturity": 20.266, "architecture_confidence": 69.335, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 34.44, "rotation_up": 63.8, "upward_expansion": 52.53, "deceleration": 31.64, "rotation_down": 24.67, "downward_expansion": 24.86 }, "activity_lines": [ 442.703339, 425.09364, 421.075715, 416.332796 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 516.900024, "trend_reference": 420.818334, "distance_from_trend": 0.228321, "trend_direction": "Weakening", "fair_value": 884.20432, "distance_from_fair_value": -0.415407, "fair_value_direction": "Improving", "relative_strength": 0.283265, "relative_strength_direction": "Improving", "price_momentum": 0.098035, "excess_performance": 0.141744, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.228321, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.125321, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.415407, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.103984, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.002833, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.226508, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.098035, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 13.256951, "read": "Demand-led" } ], "volume": { "latest": 51177581, "relative_activity": 13.46198, "balance": 13.256951, "dry_up": 3.71039, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.057428, "annualized_volatility": 0.463787, "from_high_reference": -0.344155, "from_low_reference": 0.57017 }, "levels": { "trend_reference": 420.818334, "fair_value_reference": 884.20432, "structural_low": 329.200012, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": -0.006518, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.025857, "regime_survival": 0.5, "best_return": 0.092876, "worst_return": -0.105912, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.129453, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.048871, "regime_survival": 0.0, "best_return": 0.129453, "worst_return": 0.129453, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.190894, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.135378, "regime_survival": 0.0, "best_return": 0.190894, "worst_return": 0.190894, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.309759, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.363156, "regime_survival": 0.0, "best_return": -0.309759, "worst_return": -0.309759, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-01-19", "end": "2024-01-26", "tenure": "New", "return": 0.034006, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-02", "end": "2024-05-24", "tenure": "Established", "return": 0.064005, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-31", "end": "2024-06-07", "tenure": "New", "return": 0.068296, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-06-14", "end": "2024-07-19", "tenure": "Developing", "return": -0.097024, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-26", "end": "2024-08-09", "tenure": "New", "return": 0.035648, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-16", "end": "2024-12-27", "tenure": "Established", "return": 0.12305, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-03", "end": "2025-01-17", "tenure": "New", "return": -0.0503, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-24", "end": "2025-02-14", "tenure": "New", "return": -0.222983, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2025-07-04", "tenure": "Established", "return": -0.051576, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-11", "end": "2025-08-15", "tenure": "Developing", "return": -0.065947, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-22", "end": "2026-05-15", "tenure": "Extended", "return": -0.427387, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-05-29", "tenure": "New", "return": -0.016972, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-07-31", "tenure": "Developing", "return": 0.022817, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1203.315552, "volume": 460259, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 1196.930908, "volume": 1253349, "typical_volume": 1082296.65, "trend": 1204.140011, "fair_value": 1162.287907, "relative_strength": -10.065128, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 9.871461, "energy": 6.156233, "activity_lines": [ 1213.333814, 1216.435551, 1227.412494, 1217.276891 ] }, { "date": "2023-09-01", "close": 1236.073853, "volume": 1514602, "typical_volume": 1118341.65, "trend": 1205.261898, "fair_value": 1163.198844, "relative_strength": -7.710617, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 19.024346, "energy": 9.258409, "activity_lines": [ 1219.465487, 1219.520255, 1227.955048, 1219.337139 ] }, { "date": "2023-09-08", "close": 1258.027344, "volume": 666911, "typical_volume": 1123387.0, "trend": 1206.284994, "fair_value": 1164.355289, "relative_strength": -7.554064, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 39.382058, "energy": 14.975241, "activity_lines": [ 1231.168587, 1227.184104, 1230.454148, 1222.741361 ] }, { "date": "2023-09-15", "close": 1290.687378, "volume": 1301701, "typical_volume": 1170805.8, "trend": 1208.923385, "fair_value": 1165.877363, "relative_strength": -6.59095, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 58.446434, "energy": 37.86226, "activity_lines": [ 1252.72968, 1239.882324, 1236.018344, 1228.186677 ] }, { "date": "2023-09-22", "close": 1318.436279, "volume": 367761, "typical_volume": 1174188.0, "trend": 1215.067863, "fair_value": 1167.69354, "relative_strength": -1.740987, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 65.809576, "energy": 58.682516, "activity_lines": [ 1279.87277, 1255.545681, 1243.987004, 1235.252025 ] }, { "date": "2023-09-29", "close": 1314.80188, "volume": 507945, "typical_volume": 1179451.55, "trend": 1220.299626, "fair_value": 1169.424227, "relative_strength": -1.459549, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.323346, "energy": 65.426315, "activity_lines": [ 1298.129679, 1268.401565, 1251.024318, 1241.686477 ] }, { "date": "2023-10-06", "close": 1275.855225, "volume": 360890, "typical_volume": 999325.3, "trend": 1224.878447, "fair_value": 1170.661796, "relative_strength": -3.967827, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.600667, "energy": 60.857728, "activity_lines": [ 1295.546305, 1272.985771, 1254.009523, 1245.27071 ] }, { "date": "2023-10-13", "close": 1254.245605, "volume": 218270, "typical_volume": 843893.55, "trend": 1228.696314, "fair_value": 1171.62253, "relative_strength": -5.640281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.74589, "energy": 43.404974, "activity_lines": [ 1283.107633, 1272.441366, 1254.574425, 1247.165365 ] }, { "date": "2023-10-20", "close": 1287.838867, "volume": 425385, "typical_volume": 801887.35, "trend": 1235.527539, "fair_value": 1172.94317, "relative_strength": -1.735505, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.402485, "energy": 29.566216, "activity_lines": [ 1282.118831, 1277.793035, 1258.286699, 1250.981014 ] }, { "date": "2023-10-27", "close": 1260.286621, "volume": 486854, "typical_volume": 794943.05, "trend": 1240.505758, "fair_value": 1173.924557, "relative_strength": -0.988344, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.298774, "energy": 16.41297, "activity_lines": [ 1272.135848, 1277.186732, 1259.218258, 1252.578374 ] }, { "date": "2023-11-03", "close": 1279.538696, "volume": 1627368, "typical_volume": 842021.8, "trend": 1246.11108, "fair_value": 1175.098048, "relative_strength": -0.130998, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.140303, "energy": 16.204364, "activity_lines": [ 1272.446867, 1279.044968, 1261.949267, 1255.096628 ] }, { "date": "2023-11-10", "close": 1309.055542, "volume": 323740, "typical_volume": 831568.2, "trend": 1249.483647, "fair_value": 1176.570108, "relative_strength": 1.30471, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.175752, "energy": 28.373746, "activity_lines": [ 1284.947713, 1284.767944, 1267.731359, 1259.157561 ] }, { "date": "2023-11-17", "close": 1281.650635, "volume": 304174, "typical_volume": 758364.05, "trend": 1250.588766, "fair_value": 1177.712288, "relative_strength": -2.208753, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.113563, "energy": 23.889807, "activity_lines": [ 1286.100236, 1284.18127, 1270.709823, 1261.23285 ] }, { "date": "2023-11-24", "close": 1320.498901, "volume": 1847792, "typical_volume": 798469.55, "trend": 1253.250513, "fair_value": 1179.247628, "relative_strength": 0.624966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.536242, "energy": 38.470295, "activity_lines": [ 1298.375179, 1290.228402, 1277.038917, 1265.743182 ] }, { "date": "2023-12-01", "close": 1367.057983, "volume": 2160874, "typical_volume": 845402.95, "trend": 1258.967717, "fair_value": 1181.24561, "relative_strength": 1.906147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.313754, "energy": 57.859817, "activity_lines": [ 1323.99248, 1304.198795, 1287.115456, 1273.085599 ] }, { "date": "2023-12-08", "close": 1432.869263, "volume": 1371683, "typical_volume": 885494.45, "trend": 1265.30363, "fair_value": 1183.89428, "relative_strength": 3.340085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.649272, "energy": 74.405997, "activity_lines": [ 1364.428784, 1329.250843, 1302.66598, 1284.305054 ] }, { "date": "2023-12-15", "close": 1307.33667, "volume": 1516940, "typical_volume": 918169.8, "trend": 1268.888713, "fair_value": 1185.180138, "relative_strength": -7.602362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.802113, "energy": 59.048376, "activity_lines": [ 1352.798853, 1329.332104, 1305.387005, 1287.016863 ] }, { "date": "2023-12-22", "close": 1255.6698, "volume": 866366, "typical_volume": 915957.05, "trend": 1269.300094, "fair_value": 1185.906836, "relative_strength": -10.506068, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.896979, "energy": 27.313827, "activity_lines": [ 1324.061222, 1319.446999, 1302.723285, 1286.16403 ] }, { "date": "2023-12-29", "close": 1245.405273, "volume": 478192, "typical_volume": 903052.8, "trend": 1268.982479, "fair_value": 1186.513963, "relative_strength": -12.419477, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.618405, "energy": 9.466091, "activity_lines": [ 1293.634139, 1307.669722, 1299.01974, 1284.622428 ] }, { "date": "2024-01-05", "close": 1188.090576, "volume": 724705, "typical_volume": 916275.1, "trend": 1266.814514, "fair_value": 1186.529888, "relative_strength": -15.969889, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -28.686432, "energy": 29.2154, "activity_lines": [ 1249.108398, 1286.243111, 1289.811308, 1279.403596 ] }, { "date": "2024-01-12", "close": 1178.366211, "volume": 1630754, "typical_volume": 935145.35, "trend": 1261.762415, "fair_value": 1186.448251, "relative_strength": -16.954581, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -30.326653, "energy": 35.935821, "activity_lines": [ 1213.272363, 1264.361088, 1279.749246, 1273.697254 ] }, { "date": "2024-01-19", "close": 1068.746094, "volume": 1257477, "typical_volume": 922289.1, "trend": 1255.107552, "fair_value": 1185.282884, "relative_strength": -23.354511, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.75031, "energy": 69.087024, "activity_lines": [ 1157.863159, 1224.387635, 1259.335576, 1261.244588 ] }, { "date": "2024-01-26", "close": 1105.089722, "volume": 1217639, "typical_volume": 949825.5, "trend": 1251.66663, "fair_value": 1184.496676, "relative_strength": -19.447836, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.110594, "energy": 78.884437, "activity_lines": [ 1130.474536, 1195.391377, 1243.180003, 1251.566018 ] }, { "date": "2024-02-02", "close": 944.588684, "volume": 4270233, "typical_volume": 1098252.1, "trend": 1243.943557, "fair_value": 1182.167472, "relative_strength": -32.236872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.175193, "energy": 89.59982, "activity_lines": [ 1059.624239, 1140.423311, 1212.46689, 1231.754538 ] }, { "date": "2024-02-09", "close": 947.682739, "volume": 1768737, "typical_volume": 1168300.9, "trend": 1235.520673, "fair_value": 1179.912811, "relative_strength": -31.269639, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.041298, "energy": 90.798528, "activity_lines": [ 1009.859733, 1092.852531, 1183.696539, 1212.640937 ] }, { "date": "2024-02-16", "close": 955.147949, "volume": 920724, "typical_volume": 1188939.85, "trend": 1225.714732, "fair_value": 1177.772194, "relative_strength": -31.033071, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.587406, "energy": 88.6673, "activity_lines": [ 978.610819, 1054.264067, 1157.402654, 1194.552374 ] }, { "date": "2024-02-23", "close": 967.720886, "volume": 1297797, "typical_volume": 1235785.2, "trend": 1217.642834, "fair_value": 1175.790577, "relative_strength": -30.209924, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.568927, "energy": 86.21141, "activity_lines": [ 966.434102, 1026.647433, 1134.018828, 1177.90761 ] }, { "date": "2024-03-01", "close": 1006.127197, "volume": 1840853, "typical_volume": 1316914.35, "trend": 1209.760506, "fair_value": 1174.204938, "relative_strength": -27.384979, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.034972, "energy": 72.601267, "activity_lines": [ 973.794503, 1012.188597, 1115.760053, 1164.261439 ] }, { "date": "2024-03-08", "close": 948.223022, "volume": 1242218, "typical_volume": 1357756.0, "trend": 1200.178845, "fair_value": 1172.112513, "relative_strength": -31.54207, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.223436, "energy": 60.452641, "activity_lines": [ 968.451013, 991.738868, 1093.168111, 1147.388053 ] }, { "date": "2024-03-15", "close": 908.981873, "volume": 2145156, "typical_volume": 1440671.1, "trend": 1190.367723, "fair_value": 1169.698471, "relative_strength": -32.438613, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.570093, "energy": 62.594926, "activity_lines": [ 949.784851, 969.557698, 1068.456135, 1128.601152 ] }, { "date": "2024-03-22", "close": 916.447021, "volume": 1884622, "typical_volume": 1453533.8, "trend": 1181.01826, "fair_value": 1167.396185, "relative_strength": -31.627205, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.717168, "energy": 62.037761, "activity_lines": [ 936.18713, 953.808531, 1046.128005, 1110.928849 ] }, { "date": "2024-03-29", "close": 910.062256, "volume": 845689, "typical_volume": 1479631.25, "trend": 1170.151206, "fair_value": 1165.077861, "relative_strength": -32.304797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.138482, "energy": 63.795092, "activity_lines": [ 923.041215, 941.660665, 1024.92081, 1093.447816 ] }, { "date": "2024-04-05", "close": 893.511292, "volume": 1245732, "typical_volume": 1526709.15, "trend": 1158.000671, "fair_value": 1162.65316, "relative_strength": -33.589766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.117285, "energy": 69.103429, "activity_lines": [ 908.222221, 929.388694, 1004.037301, 1075.60008 ] }, { "date": "2024-04-12", "close": 898.127808, "volume": 1109767, "typical_volume": 1489807.9, "trend": 1144.915352, "fair_value": 1160.312227, "relative_strength": -32.659621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.635194, "energy": 60.166705, "activity_lines": [ 902.449793, 921.80297, 985.441742, 1058.834089 ] }, { "date": "2024-04-19", "close": 902.007751, "volume": 1209858, "typical_volume": 1442257.1, "trend": 1131.034401, "fair_value": 1158.046399, "relative_strength": -30.552457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.699488, "energy": 58.687605, "activity_lines": [ 901.31036, 915.767433, 969.226993, 1043.16263 ] }, { "date": "2024-04-26", "close": 920.91626, "volume": 970409, "typical_volume": 1422193.4, "trend": 1117.904881, "fair_value": 1155.984397, "relative_strength": -29.32015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.348659, "energy": 55.072075, "activity_lines": [ 906.938705, 914.000261, 957.027579, 1029.606621 ] }, { "date": "2024-05-03", "close": 916.054077, "volume": 1602562, "typical_volume": 1426474.5, "trend": 1105.911509, "fair_value": 1153.916033, "relative_strength": -29.273533, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.408721, "energy": 53.494423, "activity_lines": [ 910.648372, 911.97145, 946.802972, 1016.583989 ] }, { "date": "2024-05-10", "close": 966.100098, "volume": 2161483, "typical_volume": 1491230.35, "trend": 1096.306659, "fair_value": 1152.310768, "relative_strength": -23.371866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.38203, "energy": 38.519882, "activity_lines": [ 930.640593, 919.981312, 943.207903, 1007.563898 ] }, { "date": "2024-05-17", "close": 1025.477539, "volume": 2012995, "typical_volume": 1567970.5, "trend": 1087.561281, "fair_value": 1151.23591, "relative_strength": -19.601788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.894976, "energy": 20.545991, "activity_lines": [ 965.586039, 939.514838, 946.646731, 1002.994277 ] }, { "date": "2024-05-24", "close": 1005.046692, "volume": 809876, "typical_volume": 1572229.05, "trend": 1079.053284, "fair_value": 1150.007429, "relative_strength": -22.271987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.105016, "energy": 19.451378, "activity_lines": [ 985.231222, 953.929037, 949.18704, 997.670755 ] }, { "date": "2024-05-31", "close": 1024.740967, "volume": 2286799, "typical_volume": 1605031.3, "trend": 1070.560026, "fair_value": 1148.963542, "relative_strength": -18.631505, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.693007, "energy": 23.67449, "activity_lines": [ 1004.5719, 970.17738, 954.474631, 994.166735 ] }, { "date": "2024-06-07", "close": 1094.726807, "volume": 1263375, "typical_volume": 1605326.2, "trend": 1063.415735, "fair_value": 1148.515305, "relative_strength": -15.311502, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 22.552126, "energy": 36.022927, "activity_lines": [ 1040.319544, 997.181441, 967.159089, 995.725882 ] }, { "date": "2024-06-14", "close": 1127.288818, "volume": 880054, "typical_volume": 1588446.95, "trend": 1058.270341, "fair_value": 1148.341317, "relative_strength": -12.761303, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.607914, "energy": 62.897859, "activity_lines": [ 1075.009676, 1026.74833, 982.820974, 999.846726 ] }, { "date": "2024-06-21", "close": 1100.276611, "volume": 1227949, "typical_volume": 1436332.75, "trend": 1050.929598, "fair_value": 1147.950547, "relative_strength": -14.348145, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.693038, "energy": 61.912251, "activity_lines": [ 1089.949825, 1047.153408, 995.804557, 1002.556808 ] }, { "date": "2024-06-28", "close": 1032.991943, "volume": 655962, "typical_volume": 1380694.0, "trend": 1039.794063, "fair_value": 1147.023462, "relative_strength": -20.736092, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.791665, "energy": 50.413322, "activity_lines": [ 1077.475146, 1051.649477, 1001.638706, 1001.39954 ] }, { "date": "2024-07-05", "close": 1075.229126, "volume": 767497, "typical_volume": 1373032.65, "trend": 1027.872725, "fair_value": 1146.449107, "relative_strength": -18.074589, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.353131, "energy": 34.406052, "activity_lines": [ 1077.216512, 1061.443504, 1011.089209, 1003.685673 ] }, { "date": "2024-07-12", "close": 1007.895203, "volume": 585274, "typical_volume": 1337406.5, "trend": 1017.891343, "fair_value": 1145.349473, "relative_strength": -23.210451, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.98437, "energy": 15.356094, "activity_lines": [ 1051.147359, 1056.18931, 1013.555142, 1002.396801 ] }, { "date": "2024-07-19", "close": 1017.914307, "volume": 377192, "typical_volume": 1264223.45, "trend": 1009.96616, "fair_value": 1144.346046, "relative_strength": -21.927627, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 8.328907, "energy": 11.638748, "activity_lines": [ 1034.206681, 1051.086933, 1016.78397, 1002.398282 ] }, { "date": "2024-07-26", "close": 1063.589355, "volume": 737280, "typical_volume": 1238976.55, "trend": 1003.905629, "fair_value": 1143.715135, "relative_strength": -18.872214, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.106185, "energy": 19.895661, "activity_lines": [ 1039.782654, 1053.347034, 1024.306673, 1005.857843 ] }, { "date": "2024-08-02", "close": 1118.05542, "volume": 1016366, "typical_volume": 1182537.05, "trend": 1001.571124, "fair_value": 1143.516222, "relative_strength": -13.734163, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.74949, "energy": 29.690431, "activity_lines": [ 1065.959798, 1064.817113, 1036.467256, 1013.222346 ] }, { "date": "2024-08-09", "close": 1101.504517, "volume": 695781, "typical_volume": 1123095.0, "trend": 999.009068, "fair_value": 1143.193055, "relative_strength": -13.204097, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 58.092282, "energy": 36.255378, "activity_lines": [ 1080.949076, 1071.223233, 1046.055975, 1019.669661 ] }, { "date": "2024-08-16", "close": 1101.602661, "volume": 522174, "typical_volume": 1106919.25, "trend": 1000.104287, "fair_value": 1142.875571, "relative_strength": -13.252356, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.419638, "energy": 49.44208, "activity_lines": [ 1094.219377, 1076.251497, 1054.772815, 1026.288603 ] }, { "date": "2024-08-23", "close": 1161.857666, "volume": 506561, "typical_volume": 1069960.7, "trend": 1001.996552, "fair_value": 1143.019375, "relative_strength": -9.028847, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.568992, "energy": 64.809777, "activity_lines": [ 1121.327515, 1092.110201, 1068.31613, 1036.724305 ] }, { "date": "2024-08-30", "close": 1237.203979, "volume": 1325650, "typical_volume": 1080754.85, "trend": 1011.750395, "fair_value": 1143.72753, "relative_strength": -4.191871, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.979201, "energy": 77.908623, "activity_lines": [ 1163.954866, 1121.039709, 1087.757444, 1051.898977 ] }, { "date": "2024-09-06", "close": 1236.066162, "volume": 928761, "typical_volume": 1066700.0, "trend": 1021.363175, "fair_value": 1144.416624, "relative_strength": -2.297578, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.979487, "energy": 82.695042, "activity_lines": [ 1194.628638, 1147.272754, 1105.475746, 1066.370962 ] }, { "date": "2024-09-13", "close": 1273.219849, "volume": 1140032, "typical_volume": 1075181.15, "trend": 1031.965572, "fair_value": 1145.370722, "relative_strength": -0.849182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.533759, "energy": 86.914456, "activity_lines": [ 1229.819588, 1176.568756, 1125.14174, 1082.61978 ] }, { "date": "2024-09-20", "close": 1278.661865, "volume": 988841, "typical_volume": 1044495.1, "trend": 1042.330271, "fair_value": 1146.350804, "relative_strength": -1.45025, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.058699, "energy": 88.315902, "activity_lines": [ 1255.376855, 1203.254383, 1143.648385, 1098.53567 ] }, { "date": "2024-09-27", "close": 1336.445435, "volume": 1663933, "typical_volume": 1019617.6, "trend": 1053.340879, "fair_value": 1147.738356, "relative_strength": 2.097227, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.302148, "energy": 91.537419, "activity_lines": [ 1288.391366, 1235.523085, 1165.931524, 1117.510842 ] }, { "date": "2024-10-04", "close": 1285.192139, "volume": 743951, "typical_volume": 956165.4, "trend": 1064.573183, "fair_value": 1148.734398, "relative_strength": 3.289671, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.702074, "energy": 78.215614, "activity_lines": [ 1292.682259, 1252.68153, 1181.569847, 1132.468988 ] }, { "date": "2024-10-11", "close": 1306.119019, "volume": 1638206, "typical_volume": 997581.9, "trend": 1077.811088, "fair_value": 1149.866662, "relative_strength": 5.640001, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.65301, "energy": 64.468508, "activity_lines": [ 1300.749569, 1269.615721, 1197.96447, 1148.05259 ] }, { "date": "2024-10-18", "close": 1311.363037, "volume": 1876080, "typical_volume": 977045.95, "trend": 1090.974955, "fair_value": 1151.020207, "relative_strength": 7.080607, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.882076, "energy": 58.946189, "activity_lines": [ 1305.894694, 1284.084031, 1213.424846, 1163.120458 ] }, { "date": "2024-10-25", "close": 1255.953979, "volume": 417500, "typical_volume": 934752.2, "trend": 1102.504679, "fair_value": 1151.764418, "relative_strength": 6.000071, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.306333, "energy": 47.287842, "activity_lines": [ 1290.027254, 1284.662358, 1222.243302, 1173.764266 ] }, { "date": "2024-11-01", "close": 1380.574829, "volume": 1160347, "typical_volume": 948766.85, "trend": 1118.740131, "fair_value": 1153.375759, "relative_strength": 16.370036, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.826894, "energy": 54.581598, "activity_lines": [ 1317.213957, 1305.092634, 1242.162661, 1191.704275 ] }, { "date": "2024-11-08", "close": 1385.719971, "volume": 987890, "typical_volume": 936763.9, "trend": 1134.993203, "fair_value": 1155.000544, "relative_strength": 18.024231, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.832061, "energy": 53.532038, "activity_lines": [ 1343.173747, 1322.481714, 1261.36591, 1208.928781 ] }, { "date": "2024-11-15", "close": 1307.405273, "volume": 277929, "typical_volume": 917862.25, "trend": 1148.506453, "fair_value": 1156.05891, "relative_strength": 14.692773, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.000202, "energy": 44.500399, "activity_lines": [ 1336.326782, 1322.931467, 1271.751363, 1220.05214 ] }, { "date": "2024-11-22", "close": 1373.896118, "volume": 332947, "typical_volume": 896134.75, "trend": 1163.605782, "fair_value": 1157.561236, "relative_strength": 19.074354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.005, "energy": 48.355356, "activity_lines": [ 1351.557682, 1334.173391, 1287.162546, 1234.593409 ] }, { "date": "2024-11-29", "close": 1419.064209, "volume": 814086, "typical_volume": 907575.35, "trend": 1180.372786, "fair_value": 1159.352352, "relative_strength": 22.269224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.446335, "energy": 50.424757, "activity_lines": [ 1377.67574, 1351.797217, 1305.453229, 1251.074598 ] }, { "date": "2024-12-06", "close": 1325.21521, "volume": 1793325, "typical_volume": 978382.0, "trend": 1192.34329, "fair_value": 1160.480671, "relative_strength": 12.310473, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.504726, "energy": 37.442754, "activity_lines": [ 1361.636784, 1349.804818, 1312.847964, 1260.41927 ] }, { "date": "2024-12-13", "close": 1342.481201, "volume": 1047451, "typical_volume": 993890.55, "trend": 1202.910079, "fair_value": 1161.710404, "relative_strength": 13.665591, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.755211, "energy": 34.653427, "activity_lines": [ 1355.043799, 1351.155877, 1320.423742, 1270.105587 ] }, { "date": "2024-12-20", "close": 1285.340576, "volume": 324878, "typical_volume": 959316.15, "trend": 1212.253208, "fair_value": 1162.540137, "relative_strength": 14.475116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.439083, "energy": 22.380192, "activity_lines": [ 1332.286523, 1341.076112, 1321.229499, 1275.423684 ] }, { "date": "2024-12-27", "close": 1237.154541, "volume": 326685, "typical_volume": 940861.35, "trend": 1219.333661, "fair_value": 1163.037566, "relative_strength": 9.375042, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 19.590219, "energy": 15.297678, "activity_lines": [ 1294.938216, 1322.613039, 1316.649514, 1277.030221 ] }, { "date": "2025-01-03", "close": 1244.179565, "volume": 501675, "typical_volume": 939836.4, "trend": 1224.315419, "fair_value": 1163.57493, "relative_strength": 9.247256, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.202456, "energy": 13.533046, "activity_lines": [ 1269.047689, 1306.776489, 1312.092626, 1278.633183 ] }, { "date": "2025-01-10", "close": 1168.239502, "volume": 810023, "typical_volume": 955009.5, "trend": 1225.680442, "fair_value": 1163.605618, "relative_strength": 5.257864, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -10.291451, "energy": 22.482332, "activity_lines": [ 1229.502783, 1277.346735, 1299.624414, 1275.015382 ] }, { "date": "2025-01-17", "close": 1181.597046, "volume": 2147671, "typical_volume": 996110.55, "trend": 1228.391123, "fair_value": 1163.723209, "relative_strength": 7.443602, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.813207, "energy": 36.914029, "activity_lines": [ 1204.875439, 1254.206268, 1288.397959, 1272.171292 ] }, { "date": "2025-01-24", "close": 1120.647217, "volume": 340888, "typical_volume": 966716.9, "trend": 1231.312966, "fair_value": 1163.443495, "relative_strength": 2.525366, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.712411, "energy": 52.769668, "activity_lines": [ 1170.657096, 1223.695339, 1271.631553, 1265.220072 ] }, { "date": "2025-01-31", "close": 923.94519, "volume": 1778810, "typical_volume": 998655.8, "trend": 1226.270168, "fair_value": 1161.898345, "relative_strength": -16.834518, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -63.698042, "energy": 75.50929, "activity_lines": [ 1081.850968, 1160.816007, 1236.681235, 1245.389893 ] }, { "date": "2025-02-07", "close": 925.825195, "volume": 4477123, "typical_volume": 1173069.9, "trend": 1223.534501, "fair_value": 1160.385055, "relative_strength": -16.704932, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -58.805298, "energy": 80.580026, "activity_lines": [ 1014.552132, 1106.459419, 1203.573178, 1226.006346 ] }, { "date": "2025-02-14", "close": 870.762451, "volume": 947503, "typical_volume": 1137248.4, "trend": 1218.629439, "fair_value": 1160.322813, "relative_strength": -19.32772, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.613189, "energy": 93.810423, "activity_lines": [ 950.122672, 1051.059406, 1166.901225, 1203.246859 ] }, { "date": "2025-02-21", "close": 863.292114, "volume": 1016236, "typical_volume": 1150862.65, "trend": 1211.952865, "fair_value": 1160.652302, "relative_strength": -19.364333, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.623255, "energy": 91.784375, "activity_lines": [ 903.034904, 1002.563927, 1131.735349, 1180.32187 ] }, { "date": "2025-02-28", "close": 834.251892, "volume": 517675, "typical_volume": 1094836.1, "trend": 1202.492747, "fair_value": 1160.7041, "relative_strength": -19.471069, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.058593, "energy": 90.800531, "activity_lines": [ 867.48739, 957.500936, 1095.812785, 1155.954066 ] }, { "date": "2025-03-07", "close": 824.159546, "volume": 641279, "typical_volume": 1033096.05, "trend": 1193.247915, "fair_value": 1160.603717, "relative_strength": -21.774071, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.488481, "energy": 90.011006, "activity_lines": [ 847.668782, 918.804586, 1061.176031, 1131.545472 ] }, { "date": "2025-03-14", "close": 770.185242, "volume": 716176, "typical_volume": 1048029.85, "trend": 1182.200667, "fair_value": 1159.933176, "relative_strength": -26.180955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.168904, "energy": 90.788519, "activity_lines": [ 816.511117, 877.803726, 1023.718885, 1104.251106 ] }, { "date": "2025-03-21", "close": 772.362, "volume": 1186385, "typical_volume": 1049331.75, "trend": 1169.217478, "fair_value": 1159.088848, "relative_strength": -28.747248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.556711, "energy": 83.972663, "activity_lines": [ 796.455034, 845.816719, 988.782233, 1077.809902 ] }, { "date": "2025-03-28", "close": 767.662109, "volume": 1062376, "typical_volume": 1053056.05, "trend": 1153.566083, "fair_value": 1157.792521, "relative_strength": -29.452209, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.864978, "energy": 80.062041, "activity_lines": [ 781.39235, 820.172959, 956.294224, 1051.903104 ] }, { "date": "2025-04-04", "close": 757.569824, "volume": 620702, "typical_volume": 1070194.7, "trend": 1137.616205, "fair_value": 1156.15378, "relative_strength": -28.313611, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.282068, "energy": 68.217358, "activity_lines": [ 769.340906, 800.220328, 925.788178, 1026.354958 ] }, { "date": "2025-04-11", "close": 793.981445, "volume": 1523429, "typical_volume": 1129718.8, "trend": 1121.641591, "fair_value": 1154.705169, "relative_strength": -24.457655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.849507, "energy": 64.890774, "activity_lines": [ 774.538806, 793.489399, 901.368169, 1004.184974 ] }, { "date": "2025-04-18", "close": 769.690491, "volume": 507078, "typical_volume": 1114368.4, "trend": 1104.675879, "fair_value": 1152.957317, "relative_strength": -29.661484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.402358, "energy": 63.823359, "activity_lines": [ 773.651595, 784.704909, 877.396234, 981.478451 ] }, { "date": "2025-04-25", "close": 785.175293, "volume": 994605, "typical_volume": 1074432.4, "trend": 1086.300207, "fair_value": 1151.19353, "relative_strength": -28.554679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.662386, "energy": 60.361254, "activity_lines": [ 777.958968, 781.574652, 857.991299, 960.86551 ] }, { "date": "2025-05-02", "close": 764.842224, "volume": 448514, "typical_volume": 1044485.55, "trend": 1068.95521, "fair_value": 1149.873523, "relative_strength": -31.012279, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.424269, "energy": 61.628847, "activity_lines": [ 774.634432, 776.303602, 839.221499, 940.126285 ] }, { "date": "2025-05-09", "close": 715.419312, "volume": 2140010, "typical_volume": 1135242.15, "trend": 1049.26522, "fair_value": 1148.372759, "relative_strength": -34.170449, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.892071, "energy": 66.516867, "activity_lines": [ 755.023584, 763.836567, 818.495417, 917.317518 ] }, { "date": "2025-05-16", "close": 743.66803, "volume": 1787266, "typical_volume": 1208271.2, "trend": 1030.342053, "fair_value": 1147.111921, "relative_strength": -33.891219, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.748953, "energy": 62.414909, "activity_lines": [ 747.63901, 758.666254, 803.1736, 897.60157 ] }, { "date": "2025-05-23", "close": 726.748535, "volume": 2037503, "typical_volume": 1285062.6, "trend": 1012.701872, "fair_value": 1145.732662, "relative_strength": -34.555147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.913692, "energy": 69.439344, "activity_lines": [ 737.968831, 751.883152, 788.590338, 878.014891 ] }, { "date": "2025-05-30", "close": 788.885742, "volume": 1516190, "typical_volume": 1320370.95, "trend": 992.978902, "fair_value": 1144.001378, "relative_strength": -28.245256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.095679, "energy": 58.250561, "activity_lines": [ 751.873853, 757.187482, 782.388863, 863.575141 ] }, { "date": "2025-06-06", "close": 811.049377, "volume": 2656505, "typical_volume": 1345812.65, "trend": 973.823216, "fair_value": 1142.816916, "relative_strength": -26.510444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.187674, "energy": 40.291935, "activity_lines": [ 772.919389, 766.221133, 780.104656, 851.837752 ] }, { "date": "2025-06-13", "close": 778.10083, "volume": 1019601, "typical_volume": 1379748.3, "trend": 956.179734, "fair_value": 1141.759678, "relative_strength": -28.166272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.739896, "energy": 31.59664, "activity_lines": [ 779.901599, 768.475278, 776.447005, 839.210502 ] }, { "date": "2025-06-20", "close": 792.249878, "volume": 2606345, "typical_volume": 1421125.05, "trend": 936.791526, "fair_value": 1140.709386, "relative_strength": -27.521296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.7484, "energy": 22.51462, "activity_lines": [ 787.421391, 772.928688, 775.768056, 828.634382 ] }, { "date": "2025-06-27", "close": 795.564514, "volume": 1137714, "typical_volume": 1254154.6, "trend": 916.008203, "fair_value": 1139.75849, "relative_strength": -28.329891, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.617961, "energy": 16.664197, "activity_lines": [ 792.807271, 778.016241, 776.031908, 819.522962 ] }, { "date": "2025-07-04", "close": 818.767029, "volume": 2455196, "typical_volume": 1329539.25, "trend": 899.126597, "fair_value": 1138.567769, "relative_strength": -25.327896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.258542, "energy": 11.888082, "activity_lines": [ 801.339591, 786.851996, 779.125811, 813.249338 ] }, { "date": "2025-07-11", "close": 787.698425, "volume": 692404, "typical_volume": 1313347.65, "trend": 880.633838, "fair_value": 1136.739207, "relative_strength": -26.952445, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.823092, "energy": 11.343156, "activity_lines": [ 797.523625, 789.428156, 779.508397, 806.060423 ] }, { "date": "2025-07-18", "close": 790.815186, "volume": 1003251, "typical_volume": 1337626.45, "trend": 864.149658, "fair_value": 1135.097816, "relative_strength": -25.803585, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.000587, "energy": 9.308607, "activity_lines": [ 796.303308, 792.155432, 780.547788, 800.265671 ] }, { "date": "2025-07-25", "close": 779.584961, "volume": 575132, "typical_volume": 1334319.1, "trend": 848.897339, "fair_value": 1133.386927, "relative_strength": -26.089409, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.037683, "energy": 13.356573, "activity_lines": [ 790.49196, 791.470015, 780.724474, 794.809885 ] }, { "date": "2025-08-01", "close": 734.614624, "volume": 1871335, "typical_volume": 1392077.05, "trend": 831.911841, "fair_value": 1130.549626, "relative_strength": -29.090563, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.120154, "energy": 29.468549, "activity_lines": [ 770.534827, 781.955138, 776.830532, 787.436806 ] }, { "date": "2025-08-08", "close": 733.179932, "volume": 516440, "typical_volume": 1358579.8, "trend": 817.409855, "fair_value": 1127.8258, "relative_strength": -28.147048, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.340974, "energy": 41.442266, "activity_lines": [ 754.162789, 772.036388, 772.969335, 781.067006 ] }, { "date": "2025-08-15", "close": 735.752441, "volume": 646559, "typical_volume": 1337788.95, "trend": 802.548368, "fair_value": 1125.17077, "relative_strength": -28.184275, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.197784, "energy": 54.290711, "activity_lines": [ 744.354061, 763.5982, 769.539721, 775.798785 ] }, { "date": "2025-08-22", "close": 768.057922, "volume": 598850, "typical_volume": 1336696.35, "trend": 790.795392, "fair_value": 1122.175482, "relative_strength": -25.200161, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.995457, "energy": 47.403337, "activity_lines": [ 748.776892, 762.402771, 769.338771, 773.573595 ] }, { "date": "2025-08-29", "close": 740.950012, "volume": 485159, "typical_volume": 1284782.85, "trend": 784.695553, "fair_value": 1118.796945, "relative_strength": -25.885467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.27054, "energy": 45.234422, "activity_lines": [ 745.680904, 756.461229, 766.506171, 770.357764 ] }, { "date": "2025-09-05", "close": 724.0, "volume": 790147, "typical_volume": 1298936.3, "trend": 777.968046, "fair_value": 1114.673975, "relative_strength": -27.805958, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.131341, "energy": 41.626988, "activity_lines": [ 739.510575, 748.370592, 762.311815, 766.441922 ] }, { "date": "2025-09-12", "close": 723.049988, "volume": 876724, "typical_volume": 1293042.25, "trend": 773.044297, "fair_value": 1110.784348, "relative_strength": -28.242226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.71132, "energy": 40.561079, "activity_lines": [ 733.731217, 741.408398, 758.244555, 762.898822 ] }, { "date": "2025-09-19", "close": 717.549988, "volume": 1148926, "typical_volume": 1328062.85, "trend": 768.186226, "fair_value": 1106.617218, "relative_strength": -28.660605, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.666936, "energy": 55.558787, "activity_lines": [ 726.793856, 735.186515, 753.949321, 759.318544 ] }, { "date": "2025-09-26", "close": 704.0, "volume": 2872625, "typical_volume": 1364693.6, "trend": 763.844497, "fair_value": 1102.322906, "relative_strength": -27.307144, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.412437, "energy": 58.284467, "activity_lines": [ 716.553329, 727.776423, 748.588813, 755.177497 ] }, { "date": "2025-10-03", "close": 694.900024, "volume": 665527, "typical_volume": 1308606.65, "trend": 759.535846, "fair_value": 1097.593296, "relative_strength": -28.111451, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.57912, "energy": 63.456814, "activity_lines": [ 707.550004, 720.290248, 742.416018, 750.729466 ] }, { "date": "2025-10-10", "close": 697.200012, "volume": 600764, "typical_volume": 1236769.7, "trend": 757.103005, "fair_value": 1093.341666, "relative_strength": -28.108028, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.450433, "energy": 61.099022, "activity_lines": [ 702.383341, 714.761978, 736.694498, 746.7078 ] }, { "date": "2025-10-17", "close": 691.349976, "volume": 822254, "typical_volume": 1202072.9, "trend": 754.402604, "fair_value": 1088.967203, "relative_strength": -28.966848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.142489, "energy": 60.384387, "activity_lines": [ 697.053333, 708.850332, 730.556539, 742.465669 ] }, { "date": "2025-10-24", "close": 688.200012, "volume": 261289, "typical_volume": 1082312.1, "trend": 751.753868, "fair_value": 1084.43564, "relative_strength": -28.608197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.136675, "energy": 57.685465, "activity_lines": [ 692.78667, 703.126509, 724.58304, 738.194534 ] }, { "date": "2025-10-31", "close": 645.75, "volume": 1046379, "typical_volume": 1083651.0, "trend": 748.02654, "fair_value": 1079.622272, "relative_strength": -31.707594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.649096, "energy": 72.15677, "activity_lines": [ 676.326668, 690.549092, 715.151679, 731.355575 ] }, { "date": "2025-11-07", "close": 639.5, "volume": 498893, "typical_volume": 978278.4, "trend": 742.877159, "fair_value": 1075.166435, "relative_strength": -30.58609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.810321, "energy": 79.876121, "activity_lines": [ 661.666667, 679.059092, 705.755322, 724.353862 ] }, { "date": "2025-11-14", "close": 626.5, "volume": 1002413, "typical_volume": 971513.35, "trend": 738.104142, "fair_value": 1070.946405, "relative_strength": -31.957507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.2995, "energy": 83.697474, "activity_lines": [ 646.366667, 667.050001, 695.848251, 716.845658 ] }, { "date": "2025-11-21", "close": 608.150024, "volume": 667880, "typical_volume": 882147.55, "trend": 732.2033, "fair_value": 1066.155512, "relative_strength": -33.115381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.052331, "energy": 90.671201, "activity_lines": [ 629.663342, 653.477278, 684.998631, 708.461522 ] }, { "date": "2025-11-28", "close": 608.150024, "volume": 1221410, "typical_volume": 908597.85, "trend": 726.980227, "fair_value": 1061.299604, "relative_strength": -32.127374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.026807, "energy": 89.086693, "activity_lines": [ 618.506681, 641.993646, 675.15195, 700.458085 ] }, { "date": "2025-12-05", "close": 597.25, "volume": 1084510, "typical_volume": 912660.8, "trend": 723.04125, "fair_value": 1056.626072, "relative_strength": -32.122591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.081589, "energy": 88.650261, "activity_lines": [ 609.053345, 630.517281, 665.122164, 692.088393 ] }, { "date": "2025-12-12", "close": 596.349976, "volume": 776603, "typical_volume": 922734.35, "trend": 718.130648, "fair_value": 1052.214336, "relative_strength": -30.618762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.893873, "energy": 84.493304, "activity_lines": [ 602.533333, 620.818184, 655.9284, 683.914762 ] }, { "date": "2025-12-19", "close": 598.200012, "volume": 373460, "typical_volume": 847840.6, "trend": 713.845697, "fair_value": 1048.014194, "relative_strength": -28.884011, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.752536, "energy": 67.879871, "activity_lines": [ 599.506669, 613.247277, 647.783377, 676.177302 ] }, { "date": "2025-12-26", "close": 578.799988, "volume": 388489, "typical_volume": 841443.05, "trend": 706.842839, "fair_value": 1043.359301, "relative_strength": -30.158389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.758759, "energy": 75.593307, "activity_lines": [ 591.899996, 603.949092, 638.440327, 667.464675 ] }, { "date": "2026-01-02", "close": 579.650024, "volume": 376627, "typical_volume": 827946.45, "trend": 699.129527, "fair_value": 1038.95179, "relative_strength": -29.546892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.013623, "energy": 70.922127, "activity_lines": [ 586.533337, 596.851823, 629.913375, 659.258687 ] }, { "date": "2026-01-09", "close": 540.450012, "volume": 689830, "typical_volume": 832495.45, "trend": 691.207833, "fair_value": 1034.331758, "relative_strength": -31.445459, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.675993, "energy": 83.855317, "activity_lines": [ 570.000008, 584.600915, 618.396433, 649.021299 ] }, { "date": "2026-01-16", "close": 528.150024, "volume": 492426, "typical_volume": 832858.8, "trend": 682.404504, "fair_value": 1030.087051, "relative_strength": -31.735664, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.106859, "energy": 91.665003, "activity_lines": [ 553.153349, 572.028191, 606.791912, 638.501441 ] }, { "date": "2026-01-23", "close": 484.5, "volume": 528927, "typical_volume": 819797.8, "trend": 672.035687, "fair_value": 1025.948255, "relative_strength": -34.543084, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.259339, "energy": 93.943987, "activity_lines": [ 526.303345, 553.543644, 592.043578, 625.733408 ] }, { "date": "2026-01-30", "close": 485.350006, "volume": 957285, "typical_volume": 823825.85, "trend": 660.921786, "fair_value": 1021.351671, "relative_strength": -34.27136, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.535976, "energy": 93.817483, "activity_lines": [ 507.316677, 537.795462, 578.516673, 613.689171 ] }, { "date": "2026-02-06", "close": 470.75, "volume": 757623, "typical_volume": 804260.7, "trend": 650.356839, "fair_value": 1016.50177, "relative_strength": -36.293012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.553422, "energy": 91.210268, "activity_lines": [ 489.693339, 521.625461, 564.731197, 601.420023 ] }, { "date": "2026-02-13", "close": 455.299988, "volume": 713776, "typical_volume": 696318.25, "trend": 639.172999, "fair_value": 1011.654106, "relative_strength": -36.998584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.976238, "energy": 86.187492, "activity_lines": [ 474.179999, 505.144549, 550.649528, 588.83571 ] }, { "date": "2026-02-20", "close": 425.700012, "volume": 916545, "typical_volume": 708869.15, "trend": 627.376834, "fair_value": 1007.113068, "relative_strength": -40.468798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.6877, "energy": 81.989044, "activity_lines": [ 454.476668, 485.862732, 534.9331, 575.063259 ] }, { "date": "2026-02-27", "close": 389.950012, "volume": 1790216, "typical_volume": 768341.75, "trend": 615.888014, "fair_value": 1002.190638, "relative_strength": -43.758528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.466955, "energy": 76.010302, "activity_lines": [ 429.686672, 463.183642, 517.093815, 559.7454 ] }, { "date": "2026-03-06", "close": 366.899994, "volume": 2538512, "typical_volume": 854154.65, "trend": 603.678682, "fair_value": 997.244545, "relative_strength": -44.674794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.463355, "energy": 89.211911, "activity_lines": [ 403.516669, 440.100004, 498.522386, 543.681657 ] }, { "date": "2026-03-13", "close": 342.399994, "volume": 3385030, "typical_volume": 1010341.7, "trend": 590.566934, "fair_value": 992.133586, "relative_strength": -44.703042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.058919, "energy": 94.474154, "activity_lines": [ 377.076666, 416.414547, 479.162623, 526.824967 ] }, { "date": "2026-03-20", "close": 355.149994, "volume": 3981631, "typical_volume": 1157104.3, "trend": 576.803337, "fair_value": 987.468508, "relative_strength": -41.812083, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.181013, "energy": 88.433766, "activity_lines": [ 363.443331, 399.360909, 462.663812, 511.636777 ] }, { "date": "2026-03-27", "close": 350.100006, "volume": 3398529, "typical_volume": 1302086.1, "trend": 563.775003, "fair_value": 982.591328, "relative_strength": -41.15692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.811817, "energy": 83.007465, "activity_lines": [ 354.803333, 384.758182, 447.06786, 497.010756 ] }, { "date": "2026-04-03", "close": 369.0, "volume": 1270625, "typical_volume": 1315496.7, "trend": 551.94167, "fair_value": 977.832488, "relative_strength": -36.906329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.969035, "energy": 67.464635, "activity_lines": [ 357.503333, 376.829091, 434.650002, 484.444627 ] }, { "date": "2026-04-10", "close": 396.25, "volume": 2490917, "typical_volume": 1406648.55, "trend": 541.048337, "fair_value": 972.629741, "relative_strength": -35.128003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.148732, "energy": 63.591002, "activity_lines": [ 370.683333, 375.954545, 426.053573, 474.400003 ] }, { "date": "2026-04-17", "close": 442.549988, "volume": 2703054, "typical_volume": 1480730.75, "trend": 531.88167, "fair_value": 967.463414, "relative_strength": -27.677244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.216625, "energy": 45.439286, "activity_lines": [ 397.339996, 385.11818, 422.875715, 468.045271 ] }, { "date": "2026-04-24", "close": 450.049988, "volume": 2309963, "typical_volume": 1542003.4, "trend": 523.41667, "fair_value": 962.395488, "relative_strength": -24.247571, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.305907, "energy": 31.139913, "activity_lines": [ 419.819993, 396.158178, 421.200714, 462.765807 ] }, { "date": "2026-05-01", "close": 426.950012, "volume": 882095, "typical_volume": 1547278.0, "trend": 514.485003, "fair_value": 957.468617, "relative_strength": -27.671812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.236905, "energy": 32.466466, "activity_lines": [ 428.273332, 403.093635, 418.026667, 456.542152 ] }, { "date": "2026-05-08", "close": 457.75, "volume": 1789062, "typical_volume": 1618058.1, "trend": 506.503336, "fair_value": 952.436297, "relative_strength": -22.367509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.066266, "energy": 29.264899, "activity_lines": [ 441.869999, 415.606362, 418.592619, 452.881829 ] }, { "date": "2026-05-15", "close": 439.799988, "volume": 1207619, "typical_volume": 1659014.6, "trend": 498.118336, "fair_value": 947.564604, "relative_strength": -23.056644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.190754, "energy": 22.117114, "activity_lines": [ 443.566663, 423.622724, 418.117856, 448.578388 ] }, { "date": "2026-05-22", "close": 415.399994, "volume": 1178705, "typical_volume": 1699118.5, "trend": 489.025002, "fair_value": 942.25737, "relative_strength": -26.87546, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.31125, "energy": 15.925113, "activity_lines": [ 434.226662, 425.877269, 415.981188, 443.24172 ] }, { "date": "2026-05-29", "close": 408.350006, "volume": 656343, "typical_volume": 1697444.15, "trend": 481.111669, "fair_value": 936.830552, "relative_strength": -26.737946, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.099217, "energy": 18.434867, "activity_lines": [ 424.346665, 425.522725, 413.955237, 438.036882 ] }, { "date": "2026-06-05", "close": 405.399994, "volume": 118051, "typical_volume": 1678725.4, "trend": 473.308335, "fair_value": 931.396388, "relative_strength": -25.793997, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.433355, "energy": 28.824356, "activity_lines": [ 416.26333, 423.664543, 412.277379, 433.152258 ] }, { "date": "2026-06-12", "close": 407.399994, "volume": 95606, "typical_volume": 1657059.35, "trend": 466.005002, "fair_value": 925.482739, "relative_strength": -25.36294, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.820294, "energy": 32.700049, "activity_lines": [ 410.283329, 421.164542, 411.374521, 428.900107 ] }, { "date": "2026-06-19", "close": 412.5, "volume": 378839, "typical_volume": 1628137.05, "trend": 459.483334, "fair_value": 919.996252, "relative_strength": -24.756705, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.685452, "energy": 31.083775, "activity_lines": [ 409.359998, 418.893634, 411.324521, 425.448171 ] }, { "date": "2026-06-26", "close": 412.600006, "volume": 0, "typical_volume": 1590255.9, "trend": 452.965, "fair_value": 914.8955, "relative_strength": -23.98397, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.529142, "energy": 27.729242, "activity_lines": [ 410.29, 416.345453, 411.630951, 422.42344 ] }, { "date": "2026-07-03", "close": 401.100006, "volume": 169751, "typical_volume": 1563054.65, "trend": 446.426667, "fair_value": 909.926392, "relative_strength": -25.767847, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.056267, "energy": 29.349803, "activity_lines": [ 407.573336, 412.250909, 411.119047, 419.077312 ] }, { "date": "2026-07-10", "close": 392.149994, "volume": 961369, "typical_volume": 1565295.85, "trend": 439.620001, "fair_value": 904.745499, "relative_strength": -26.269506, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.7042, "energy": 35.823846, "activity_lines": [ 402.356667, 407.41909, 410.012856, 415.575591 ] }, { "date": "2026-07-17", "close": 399.200012, "volume": 886435, "typical_volume": 1520106.8, "trend": 432.986668, "fair_value": 899.295972, "relative_strength": -24.325695, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.000976, "energy": 38.112844, "activity_lines": [ 400.373338, 404.50182, 409.737857, 412.967849 ] }, { "date": "2026-07-24", "close": 402.299988, "volume": 1653569, "typical_volume": 1475859.65, "trend": 427.103335, "fair_value": 894.119191, "relative_strength": -20.904503, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.910061, "energy": 36.563577, "activity_lines": [ 399.969999, 403.212727, 409.714046, 410.988064 ] }, { "date": "2026-07-31", "close": 414.649994, "volume": 2704658, "typical_volume": 1441841.05, "trend": 421.603334, "fair_value": 888.811839, "relative_strength": -19.604499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.990619, "energy": 20.246902, "activity_lines": [ 404.36333, 404.850908, 410.697856, 410.184622 ] }, { "date": "2026-08-07", "close": 516.900024, "volume": 51177581, "typical_volume": 3801638.55, "trend": 420.818334, "fair_value": 884.20432, "relative_strength": 0.283265, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 52.568791, "energy": 56.168298, "activity_lines": [ 442.703339, 425.09364, 421.075715, 416.332796 ] } ], "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." } } }