{ "ticker": { "uuid": "27222808-8cdd-43a7-b315-adefda3c3417", "symbol": "MASFIN", "name": "MAS Financial Services Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 48.268, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -24.571, "architecture_energy": 13.485, "architecture_maturity": 23.972, "architecture_confidence": 80.266, "architecture_tenure": "Developing", "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": 67.02, "rotation_up": 31.16, "upward_expansion": 13.82, "deceleration": 47.23, "rotation_down": 43.55, "downward_expansion": 43.82 }, "activity_lines": [ 312.043325, 313.846357, 314.931901, 314.595319 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 302.149994, "trend_reference": 314.82549, "distance_from_trend": -0.040262, "trend_direction": "Weakening", "fair_value": 294.196865, "distance_from_fair_value": 0.027033, "fair_value_direction": "Weakening", "relative_strength": -2.797175, "relative_strength_direction": "Weakening", "price_momentum": -0.068732, "excess_performance": -0.025023, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.040262, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.001065, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.027033, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.172329, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.027972, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.184803, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.068732, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.013144, "read": "Demand-led" } ], "volume": { "latest": 536195, "relative_activity": 1.01863, "balance": 1.013144, "dry_up": 1.238128, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.063659, "annualized_volatility": 0.258235, "from_high_reference": -0.158005, "from_low_reference": 0.089418 }, "levels": { "trend_reference": 314.82549, "fair_value_reference": 294.196865, "structural_low": 277.350006, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": -0.010748, "positive_rate": 0.434783, "directional_follow_through": 0.434783, "median_excess_return": -0.0317, "regime_survival": 0.521739, "best_return": 0.105367, "worst_return": -0.159822, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.011854, "positive_rate": 0.545455, "directional_follow_through": 0.545455, "median_excess_return": -0.015766, "regime_survival": 0.363636, "best_return": 0.249631, "worst_return": -0.157526, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.00511, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.049703, "regime_survival": 0.166667, "best_return": 0.320648, "worst_return": -0.289342, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.1262, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.209438, "regime_survival": 0.0, "best_return": 0.151364, "worst_return": -0.408663, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-04-25", "tenure": "New", "return": 0.021813, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-02", "end": "2025-06-06", "tenure": "Developing", "return": 0.128662, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-08-15", "tenure": "Developing", "return": 0.03478, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-12", "tenure": "New", "return": 0.030497, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2025-10-03", "tenure": "New", "return": -0.036626, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-10", "end": "2025-12-12", "tenure": "Developing", "return": 0.059875, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-01-16", "tenure": "Developing", "return": -0.014559, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-02-13", "tenure": "New", "return": 0.116507, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-20", "end": "2026-03-06", "tenure": "New", "return": -0.094765, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": -0.031167, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.072903, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-01", "tenure": "New", "return": 0.061027, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-05-29", "tenure": "New", "return": -0.109012, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": -0.013065, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 273.756927, "volume": 832968, "typical_volume": 852249.75, "trend": 252.865471, "fair_value": 248.643766, "relative_strength": -0.022988, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.938103, "energy": 54.185482, "activity_lines": [ 264.964447, 259.653084, 253.624551, 252.223555 ] }, { "date": "2023-08-25", "close": 271.113617, "volume": 529725, "typical_volume": 864094.8, "trend": 253.283591, "fair_value": 248.59304, "relative_strength": -0.806456, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.917436, "energy": 61.99205, "activity_lines": [ 268.160524, 262.301179, 255.802759, 253.400855 ] }, { "date": "2023-09-01", "close": 268.683716, "volume": 526269, "typical_volume": 862657.2, "trend": 253.723127, "fair_value": 248.588541, "relative_strength": -2.525145, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.007981, "energy": 65.100938, "activity_lines": [ 269.253976, 264.125444, 257.62547, 254.394411 ] }, { "date": "2023-09-08", "close": 289.584076, "volume": 4325736, "typical_volume": 1038705.75, "trend": 254.276498, "fair_value": 248.759845, "relative_strength": 2.908949, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.291922, "energy": 73.932768, "activity_lines": [ 276.876396, 269.491137, 261.280248, 256.708021 ] }, { "date": "2023-09-15", "close": 289.190063, "volume": 1184367, "typical_volume": 1082012.85, "trend": 255.017647, "fair_value": 248.82281, "relative_strength": 0.791481, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.428973, "energy": 70.828559, "activity_lines": [ 281.754795, 274.150421, 264.608177, 258.960509 ] }, { "date": "2023-09-22", "close": 288.697479, "volume": 550104, "typical_volume": 1094964.45, "trend": 255.589507, "fair_value": 249.035042, "relative_strength": 3.213225, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.910462, "energy": 70.352971, "activity_lines": [ 285.165395, 277.968952, 267.603929, 261.133401 ] }, { "date": "2023-09-29", "close": 296.545349, "volume": 793845, "typical_volume": 1084568.1, "trend": 256.592209, "fair_value": 249.225686, "relative_strength": 6.073226, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.499627, "energy": 75.363204, "activity_lines": [ 290.195915, 282.524545, 271.101851, 263.775713 ] }, { "date": "2023-10-06", "close": 299.94397, "volume": 478569, "typical_volume": 1088520.9, "trend": 257.938046, "fair_value": 249.426984, "relative_strength": 7.184263, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.001587, "energy": 72.423397, "activity_lines": [ 294.663859, 286.883131, 274.659161, 266.572601 ] }, { "date": "2023-10-13", "close": 301.142487, "volume": 1313892, "typical_volume": 1140623.55, "trend": 259.847405, "fair_value": 249.655837, "relative_strength": 6.951018, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.977748, "energy": 62.381035, "activity_lines": [ 297.447292, 290.771856, 278.049207, 269.359985 ] }, { "date": "2023-10-20", "close": 301.602203, "volume": 531123, "typical_volume": 1154960.25, "trend": 261.130045, "fair_value": 249.858296, "relative_strength": 8.298074, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.503417, "energy": 55.644724, "activity_lines": [ 299.613403, 293.821462, 281.194828, 272.053842 ] }, { "date": "2023-10-27", "close": 295.708008, "volume": 529419, "typical_volume": 1156433.25, "trend": 262.235321, "fair_value": 250.038267, "relative_strength": 8.810658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.014396, "energy": 48.855146, "activity_lines": [ 298.987307, 295.218193, 283.523952, 274.284679 ] }, { "date": "2023-11-03", "close": 300.420074, "volume": 916995, "typical_volume": 1180658.7, "trend": 264.080744, "fair_value": 250.234709, "relative_strength": 9.548856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.805524, "energy": 45.643043, "activity_lines": [ 299.46453, 297.072552, 286.098712, 276.748211 ] }, { "date": "2023-11-10", "close": 299.172333, "volume": 559320, "typical_volume": 1170040.95, "trend": 266.206144, "fair_value": 250.224427, "relative_strength": 8.027283, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.185484, "energy": 42.202915, "activity_lines": [ 299.267525, 298.167205, 288.315029, 279.012185 ] }, { "date": "2023-11-17", "close": 301.585785, "volume": 470724, "typical_volume": 1167590.7, "trend": 268.631465, "fair_value": 249.942661, "relative_strength": 7.131712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.266756, "energy": 40.314822, "activity_lines": [ 299.926447, 299.146329, 290.548277, 281.294742 ] }, { "date": "2023-11-24", "close": 279.519684, "volume": 1056534, "typical_volume": 1203142.5, "trend": 270.305964, "fair_value": 249.555861, "relative_strength": -0.912196, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.620367, "energy": 22.952693, "activity_lines": [ 293.200448, 295.895222, 290.456591, 281.997208 ] }, { "date": "2023-12-01", "close": 273.838989, "volume": 950028, "typical_volume": 1231785.9, "trend": 271.52741, "fair_value": 249.220772, "relative_strength": -5.024882, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.72626, "energy": 14.4241, "activity_lines": [ 286.053052, 291.787086, 289.673195, 282.225145 ] }, { "date": "2023-12-08", "close": 276.203247, "volume": 1136436, "typical_volume": 1275850.8, "trend": 272.699365, "fair_value": 248.903336, "relative_strength": -7.198749, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.027004, "energy": 15.304595, "activity_lines": [ 281.151676, 288.378969, 289.005053, 282.526812 ] }, { "date": "2023-12-15", "close": 296.660309, "volume": 2168058, "typical_volume": 1187270.85, "trend": 274.559773, "fair_value": 248.736595, "relative_strength": -2.411918, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.654154, "energy": 19.858003, "activity_lines": [ 284.683777, 289.060175, 290.168633, 284.072679 ] }, { "date": "2023-12-22", "close": 287.712402, "volume": 790299, "typical_volume": 1157632.05, "trend": 276.129561, "fair_value": 248.661072, "relative_strength": -4.920547, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.260179, "energy": 12.651273, "activity_lines": [ 285.40071, 288.174191, 290.315538, 284.921236 ] }, { "date": "2023-12-29", "close": 285.594452, "volume": 862461, "typical_volume": 1025343.6, "trend": 277.381979, "fair_value": 248.562192, "relative_strength": -7.09125, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.12305, "energy": 7.465553, "activity_lines": [ 286.336552, 287.147309, 290.083025, 285.531874 ] }, { "date": "2024-01-05", "close": 295.461761, "volume": 733404, "typical_volume": 1020365.4, "trend": 278.795699, "fair_value": 248.54446, "relative_strength": -3.621137, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.637979, "energy": 20.816198, "activity_lines": [ 290.156512, 288.205533, 290.714263, 286.698312 ] }, { "date": "2024-01-12", "close": 286.957153, "volume": 947673, "typical_volume": 1041262.8, "trend": 280.024204, "fair_value": 248.527355, "relative_strength": -6.893983, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.990592, "energy": 14.546709, "activity_lines": [ 289.700085, 287.721942, 290.432183, 287.224857 ] }, { "date": "2024-01-19", "close": 321.615967, "volume": 7381866, "typical_volume": 1384042.65, "trend": 282.26278, "fair_value": 248.768317, "relative_strength": 5.658278, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 69.756721, "energy": 48.177541, "activity_lines": [ 300.079669, 293.784734, 293.375496, 289.908197 ] }, { "date": "2024-01-26", "close": 324.15213, "volume": 1611477, "typical_volume": 1248329.7, "trend": 284.578796, "fair_value": 249.00067, "relative_strength": 7.764453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.157009, "energy": 64.956071, "activity_lines": [ 309.64093, 299.90058, 296.30829, 292.610735 ] }, { "date": "2024-02-02", "close": 331.810059, "volume": 1447878, "typical_volume": 1261505.25, "trend": 287.376647, "fair_value": 249.247673, "relative_strength": 7.652175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.5941, "energy": 75.83825, "activity_lines": [ 319.325519, 306.99848, 299.805801, 295.657914 ] }, { "date": "2024-02-09", "close": 328.252808, "volume": 1353744, "typical_volume": 1301687.25, "trend": 289.959835, "fair_value": 249.588091, "relative_strength": 6.878438, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.581191, "energy": 76.732386, "activity_lines": [ 324.743317, 312.498873, 302.761574, 298.295085 ] }, { "date": "2024-02-16", "close": 329.916168, "volume": 840165, "typical_volume": 1304003.25, "trend": 292.566249, "fair_value": 249.946351, "relative_strength": 6.148387, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.727682, "energy": 74.22433, "activity_lines": [ 328.529498, 317.312353, 305.687404, 300.872913 ] }, { "date": "2024-02-23", "close": 327.363495, "volume": 4402146, "typical_volume": 1500182.1, "trend": 294.741151, "fair_value": 250.221763, "relative_strength": 4.626985, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.858711, "energy": 58.752103, "activity_lines": [ 328.600855, 320.685112, 308.211213, 303.117897 ] }, { "date": "2024-03-01", "close": 326.424805, "volume": 720755, "typical_volume": 1470525.25, "trend": 297.275517, "fair_value": 250.434766, "relative_strength": 3.813746, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.070054, "energy": 41.82149, "activity_lines": [ 327.976146, 323.32896, 310.515054, 305.162004 ] }, { "date": "2024-03-08", "close": 290.407898, "volume": 878319, "typical_volume": 1487885.05, "trend": 297.967914, "fair_value": 250.456948, "relative_strength": -8.02561, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.892005, "energy": 16.252669, "activity_lines": [ 315.194289, 318.720418, 309.268321, 304.718931 ] }, { "date": "2024-03-15", "close": 280.773712, "volume": 1139893, "typical_volume": 1518408.75, "trend": 298.201807, "fair_value": 250.452124, "relative_strength": -8.989795, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 7.407652, "energy": 13.651669, "activity_lines": [ 301.961182, 312.272689, 307.157353, 303.609628 ] }, { "date": "2024-03-22", "close": 286.850647, "volume": 912176, "typical_volume": 1518167.8, "trend": 298.726374, "fair_value": 250.483653, "relative_strength": -7.003775, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -8.770063, "energy": 20.512442, "activity_lines": [ 293.918992, 307.196912, 305.696256, 302.877295 ] }, { "date": "2024-03-29", "close": 280.971375, "volume": 654380, "typical_volume": 1522920.8, "trend": 299.135963, "fair_value": 250.497367, "relative_strength": -9.532279, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.604532, "energy": 31.519277, "activity_lines": [ 286.78808, 301.054113, 303.739845, 301.731811 ] }, { "date": "2024-04-05", "close": 297.670563, "volume": 662915, "typical_volume": 1532530.35, "trend": 299.405513, "fair_value": 250.716554, "relative_strength": -4.858257, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.793108, "energy": 26.319595, "activity_lines": [ 288.316372, 298.686522, 303.460505, 301.637269 ] }, { "date": "2024-04-12", "close": 294.162781, "volume": 412023, "typical_volume": 1500304.8, "trend": 299.57127, "fair_value": 250.917728, "relative_strength": -5.984761, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.374894, "energy": 21.754398, "activity_lines": [ 290.592353, 296.162637, 302.865733, 301.299029 ] }, { "date": "2024-04-19", "close": 284.87442, "volume": 549752, "typical_volume": 1480291.0, "trend": 299.443834, "fair_value": 251.036992, "relative_strength": -7.406915, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.151489, "energy": 18.956854, "activity_lines": [ 289.521887, 292.634454, 301.316627, 300.350845 ] }, { "date": "2024-04-26", "close": 301.227783, "volume": 3459606, "typical_volume": 1596449.5, "trend": 299.599916, "fair_value": 251.309779, "relative_strength": -3.382978, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -0.886161, "energy": 4.728487, "activity_lines": [ 293.629163, 292.868308, 301.272434, 300.465938 ] }, { "date": "2024-05-03", "close": 297.02832, "volume": 548625, "typical_volume": 1515477.85, "trend": 299.502727, "fair_value": 251.493323, "relative_strength": -4.978474, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.53597, "energy": 4.106229, "activity_lines": [ 295.378141, 292.86023, 300.709128, 300.300029 ] }, { "date": "2024-05-10", "close": 285.319122, "volume": 559597, "typical_volume": 1503942.75, "trend": 298.975282, "fair_value": 251.51493, "relative_strength": -6.95457, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.729114, "energy": 10.693762, "activity_lines": [ 292.153591, 291.274756, 299.028908, 299.384958 ] }, { "date": "2024-05-17", "close": 287.344727, "volume": 412445, "typical_volume": 1481441.95, "trend": 298.500033, "fair_value": 251.527985, "relative_strength": -7.951743, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.043047, "energy": 12.531195, "activity_lines": [ 290.427671, 290.804949, 297.552999, 298.634599 ] }, { "date": "2024-05-24", "close": 287.98703, "volume": 348268, "typical_volume": 1462185.15, "trend": 298.242667, "fair_value": 251.454223, "relative_strength": -9.661289, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.265316, "energy": 30.382633, "activity_lines": [ 289.37039, 290.507619, 296.129927, 297.956341 ] }, { "date": "2024-05-31", "close": 285.220276, "volume": 463576, "typical_volume": 1437980.3, "trend": 297.736007, "fair_value": 251.371984, "relative_strength": -8.744591, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.791646, "energy": 38.995216, "activity_lines": [ 287.18335, 289.576092, 294.478948, 297.116187 ] }, { "date": "2024-06-07", "close": 290.506744, "volume": 840233, "typical_volume": 1110898.65, "trend": 297.447154, "fair_value": 251.355367, "relative_strength": -9.939422, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.056161, "energy": 34.647511, "activity_lines": [ 287.825633, 289.635384, 293.339714, 296.649783 ] }, { "date": "2024-06-14", "close": 303.69812, "volume": 928565, "typical_volume": 1076753.05, "trend": 297.517565, "fair_value": 251.518719, "relative_strength": -6.509404, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.298887, "energy": 12.029645, "activity_lines": [ 293.299813, 291.919737, 293.60494, 297.053071 ] }, { "date": "2024-06-21", "close": 308.095184, "volume": 1687842, "typical_volume": 1088751.25, "trend": 298.470082, "fair_value": 251.685079, "relative_strength": -5.230258, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.103091, "energy": 11.622192, "activity_lines": [ 299.014414, 294.893965, 294.386335, 297.735498 ] }, { "date": "2024-06-28", "close": 290.704376, "volume": 1597527, "typical_volume": 1100940.4, "trend": 299.032261, "fair_value": 251.792709, "relative_strength": -12.33523, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -19.747079, "energy": 14.099476, "activity_lines": [ 297.548716, 294.452911, 293.62439, 297.234485 ] }, { "date": "2024-07-05", "close": 292.384125, "volume": 2019801, "typical_volume": 1159922.2, "trend": 299.571624, "fair_value": 251.899871, "relative_strength": -12.866922, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -17.597832, "energy": 12.892333, "activity_lines": [ 296.461778, 294.211266, 293.201223, 296.805573 ] }, { "date": "2024-07-12", "close": 291.643036, "volume": 1142312, "typical_volume": 996930.5, "trend": 299.404381, "fair_value": 251.940583, "relative_strength": -13.610136, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.753703, "energy": 9.547513, "activity_lines": [ 294.65022, 293.995673, 292.8862, 296.294051 ] }, { "date": "2024-07-19", "close": 284.825043, "volume": 651416, "typical_volume": 993463.55, "trend": 299.308136, "fair_value": 252.053704, "relative_strength": -15.594576, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.447028, "energy": 22.711508, "activity_lines": [ 290.490245, 292.638358, 292.091942, 295.353448 ] }, { "date": "2024-07-26", "close": 286.158997, "volume": 1105017, "typical_volume": 1004798.45, "trend": 299.326954, "fair_value": 252.195041, "relative_strength": -16.02353, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.737845, "energy": 35.390552, "activity_lines": [ 288.033126, 291.532563, 291.622822, 294.505117 ] }, { "date": "2024-08-02", "close": 285.862549, "volume": 868291, "typical_volume": 991218.35, "trend": 299.00698, "fair_value": 252.381714, "relative_strength": -15.563294, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.211878, "energy": 38.44347, "activity_lines": [ 286.939604, 290.394428, 291.145701, 293.636446 ] }, { "date": "2024-08-09", "close": 279.143341, "volume": 1176564, "typical_volume": 1004437.75, "trend": 298.74652, "fair_value": 252.56225, "relative_strength": -16.077518, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.313487, "energy": 46.695957, "activity_lines": [ 283.929134, 288.073246, 290.004422, 292.35492 ] }, { "date": "2024-08-16", "close": 276.376617, "volume": 514951, "typical_volume": 997466.3, "trend": 297.238542, "fair_value": 252.792946, "relative_strength": -17.157031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.616022, "energy": 49.209976, "activity_lines": [ 280.879142, 285.359512, 288.636348, 290.911701 ] }, { "date": "2024-08-23", "close": 276.821289, "volume": 2214620, "typical_volume": 1075051.55, "trend": 295.660847, "fair_value": 252.977908, "relative_strength": -17.626054, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.065918, "energy": 45.749782, "activity_lines": [ 278.995135, 282.983539, 287.332504, 289.594459 ] }, { "date": "2024-08-30", "close": 286.80127, "volume": 1225296, "typical_volume": 1115715.2, "trend": 294.160554, "fair_value": 253.192959, "relative_strength": -15.75781, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.882823, "energy": 34.246603, "activity_lines": [ 280.971373, 282.910778, 287.078416, 289.022873 ] }, { "date": "2024-09-06", "close": 283.856049, "volume": 1453581, "typical_volume": 1160906.65, "trend": 292.680662, "fair_value": 253.431147, "relative_strength": -14.948832, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.527861, "energy": 26.959496, "activity_lines": [ 281.923051, 282.689685, 286.578885, 288.358066 ] }, { "date": "2024-09-13", "close": 279.945892, "volume": 1304426, "typical_volume": 1053147.65, "trend": 291.014986, "fair_value": 253.569308, "relative_strength": -17.400691, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.121532, "energy": 25.233958, "activity_lines": [ 281.705111, 281.882168, 285.711808, 287.536468 ] }, { "date": "2024-09-20", "close": 295.23999, "volume": 1672012, "typical_volume": 1109317.0, "trend": 289.944203, "fair_value": 253.858367, "relative_strength": -13.956077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.197048, "energy": 11.771901, "activity_lines": [ 286.5317, 284.081547, 286.402654, 287.809049 ] }, { "date": "2024-09-27", "close": 284.845978, "volume": 1278970, "typical_volume": 1145285.65, "trend": 288.558242, "fair_value": 254.075064, "relative_strength": -17.713753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.821552, "energy": 14.355783, "activity_lines": [ 286.63606, 284.325706, 286.112111, 287.480131 ] }, { "date": "2024-10-04", "close": 276.976166, "volume": 755768, "typical_volume": 1162451.8, "trend": 288.110517, "fair_value": 254.189392, "relative_strength": -15.749566, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.303782, "energy": 17.104797, "activity_lines": [ 283.58217, 283.138609, 285.074314, 286.732901 ] }, { "date": "2024-10-11", "close": 290.834869, "volume": 1248773, "typical_volume": 1207477.05, "trend": 288.445889, "fair_value": 254.386928, "relative_strength": -10.886596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.648482, "energy": 11.401601, "activity_lines": [ 285.802854, 284.638237, 285.405768, 286.908665 ] }, { "date": "2024-10-18", "close": 296.972321, "volume": 1643551, "typical_volume": 1266475.8, "trend": 288.783278, "fair_value": 254.745581, "relative_strength": -8.131722, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.509622, "energy": 10.121245, "activity_lines": [ 289.604102, 287.16336, 286.30818, 287.458758 ] }, { "date": "2024-10-25", "close": 279.401459, "volume": 1786071, "typical_volume": 1313767.7, "trend": 288.730948, "fair_value": 254.972313, "relative_strength": -10.636173, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.378668, "energy": 9.81102, "activity_lines": [ 286.4133, 286.169617, 285.481214, 286.853479 ] }, { "date": "2024-11-01", "close": 289.251038, "volume": 791865, "typical_volume": 1306932.7, "trend": 288.450297, "fair_value": 255.235284, "relative_strength": -7.443969, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.339904, "energy": 8.794661, "activity_lines": [ 287.561593, 286.91171, 285.645186, 286.887033 ] }, { "date": "2024-11-08", "close": 295.338959, "volume": 881862, "typical_volume": 1266633.7, "trend": 288.489503, "fair_value": 255.498496, "relative_strength": -4.431617, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.830021, "energy": 16.076529, "activity_lines": [ 290.445522, 288.534702, 286.457755, 287.331463 ] }, { "date": "2024-11-15", "close": 290.389435, "volume": 737548, "typical_volume": 1223634.75, "trend": 288.673337, "fair_value": 255.838097, "relative_strength": -3.146981, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.531957, "energy": 6.092747, "activity_lines": [ 290.455424, 289.10255, 286.859686, 287.454039 ] }, { "date": "2024-11-22", "close": 276.184235, "volume": 993547, "typical_volume": 1172322.05, "trend": 287.838552, "fair_value": 256.086743, "relative_strength": -8.975059, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.99557, "energy": 14.069639, "activity_lines": [ 285.759955, 286.968845, 285.910239, 286.648291 ] }, { "date": "2024-11-29", "close": 274.946869, "volume": 747315, "typical_volume": 1152572.2, "trend": 287.102504, "fair_value": 256.331419, "relative_strength": -9.934546, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.134386, "energy": 28.520313, "activity_lines": [ 282.037903, 284.678559, 284.920091, 285.816569 ] }, { "date": "2024-12-06", "close": 274.550903, "volume": 922189, "typical_volume": 1166110.85, "trend": 286.743563, "fair_value": 256.609527, "relative_strength": -11.782235, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.57033, "energy": 36.978321, "activity_lines": [ 278.480835, 282.685244, 283.971737, 285.006789 ] }, { "date": "2024-12-13", "close": 262.968964, "volume": 1349735, "typical_volume": 1178346.75, "trend": 285.931037, "fair_value": 256.856658, "relative_strength": -15.398474, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.694927, "energy": 57.847741, "activity_lines": [ 272.04313, 278.773306, 281.969266, 283.472944 ] }, { "date": "2024-12-20", "close": 259.8508, "volume": 952807, "typical_volume": 1182572.55, "trend": 284.993163, "fair_value": 257.125505, "relative_strength": -11.884516, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.903705, "energy": 66.789822, "activity_lines": [ 266.724036, 274.549105, 279.780255, 281.790348 ] }, { "date": "2024-12-27", "close": 268.512451, "volume": 531027, "typical_volume": 1150295.7, "trend": 284.436236, "fair_value": 257.529321, "relative_strength": -9.551442, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.346003, "energy": 58.807063, "activity_lines": [ 266.328068, 272.463096, 278.54003, 280.727076 ] }, { "date": "2025-01-03", "close": 264.305359, "volume": 468639, "typical_volume": 1147980.1, "trend": 283.562856, "fair_value": 257.967785, "relative_strength": -11.322852, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.833622, "energy": 57.429388, "activity_lines": [ 265.041189, 270.129614, 276.949752, 279.42831 ] }, { "date": "2025-01-10", "close": 247.724411, "volume": 479237, "typical_volume": 1061210.95, "trend": 281.697066, "fair_value": 258.305592, "relative_strength": -14.517048, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.464072, "energy": 65.482367, "activity_lines": [ 258.936761, 265.055888, 273.837818, 277.116152 ] }, { "date": "2025-01-17", "close": 240.696045, "volume": 2263937, "typical_volume": 1113143.0, "trend": 279.450428, "fair_value": 258.672681, "relative_strength": -15.534001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.084376, "energy": 68.344232, "activity_lines": [ 252.277977, 259.459308, 270.195073, 274.470925 ] }, { "date": "2025-01-24", "close": 239.310196, "volume": 688088, "typical_volume": 1074868.35, "trend": 277.737289, "fair_value": 259.165381, "relative_strength": -14.975237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.941488, "energy": 77.641588, "activity_lines": [ 246.642104, 254.604262, 266.63989, 271.881232 ] }, { "date": "2025-01-31", "close": 251.238586, "volume": 740050, "typical_volume": 1046649.55, "trend": 276.365771, "fair_value": 259.400603, "relative_strength": -11.691093, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.354432, "energy": 68.408047, "activity_lines": [ 246.351735, 252.846728, 264.432868, 270.171639 ] }, { "date": "2025-02-07", "close": 259.940826, "volume": 1029727, "typical_volume": 1014535.3, "trend": 275.30903, "fair_value": 259.773945, "relative_strength": -8.243688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.193023, "energy": 44.501633, "activity_lines": [ 250.113704, 253.124977, 263.191333, 269.111965 ] }, { "date": "2025-02-14", "close": 239.815445, "volume": 442468, "typical_volume": 972710.2, "trend": 273.80871, "fair_value": 260.054527, "relative_strength": -12.387379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.360482, "energy": 44.562973, "activity_lines": [ 247.458182, 250.016902, 260.201185, 266.822056 ] }, { "date": "2025-02-21", "close": 238.821579, "volume": 448721, "typical_volume": 957357.85, "trend": 272.230796, "fair_value": 260.388908, "relative_strength": -11.633502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.440926, "energy": 42.748991, "activity_lines": [ 244.998635, 247.359679, 257.330815, 264.564822 ] }, { "date": "2025-02-28", "close": 232.113113, "volume": 335306, "typical_volume": 911684.5, "trend": 270.439148, "fair_value": 260.716327, "relative_strength": -10.914672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.546599, "energy": 47.657021, "activity_lines": [ 240.427897, 243.921777, 254.003232, 261.976584 ] }, { "date": "2025-03-07", "close": 251.930435, "volume": 978640, "typical_volume": 878438.95, "trend": 269.532052, "fair_value": 261.113848, "relative_strength": -4.87263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.464999, "energy": 39.395653, "activity_lines": [ 242.942739, 244.591347, 252.84264, 260.782474 ] }, { "date": "2025-03-14", "close": 240.282547, "volume": 402461, "typical_volume": 809258.45, "trend": 268.328916, "fair_value": 261.456655, "relative_strength": -8.338371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.378433, "energy": 38.558912, "activity_lines": [ 241.528828, 243.44461, 250.78721, 258.895409 ] }, { "date": "2025-03-21", "close": 253.401321, "volume": 469715, "typical_volume": 793150.95, "trend": 267.54825, "fair_value": 261.947488, "relative_strength": -6.95441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.111073, "energy": 26.046943, "activity_lines": [ 245.798394, 245.119884, 250.167469, 257.932338 ] }, { "date": "2025-03-28", "close": 244.546143, "volume": 836617, "typical_volume": 790888.7, "trend": 266.139746, "fair_value": 262.379572, "relative_strength": -10.528339, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.888554, "energy": 20.657441, "activity_lines": [ 246.210508, 245.081908, 248.875089, 256.448331 ] }, { "date": "2025-04-04", "close": 253.530533, "volume": 343675, "typical_volume": 771195.05, "trend": 265.128896, "fair_value": 262.711927, "relative_strength": -4.410486, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.998452, "energy": 16.695974, "activity_lines": [ 249.235782, 246.607456, 248.680237, 255.634834 ] }, { "date": "2025-04-11", "close": 258.201599, "volume": 627961, "typical_volume": 752915.75, "trend": 264.404086, "fair_value": 263.068896, "relative_strength": -2.040625, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.346856, "energy": 15.152972, "activity_lines": [ 252.39025, 248.723737, 249.105767, 255.187911 ] }, { "date": "2025-04-18", "close": 269.730255, "volume": 441036, "typical_volume": 737601.8, "trend": 263.553761, "fair_value": 263.457042, "relative_strength": -1.802066, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.79816, "energy": 10.354866, "activity_lines": [ 258.969525, 252.809537, 250.714895, 255.531535 ] }, { "date": "2025-04-25", "close": 275.613831, "volume": 954758, "typical_volume": 739230.25, "trend": 263.246023, "fair_value": 263.886455, "relative_strength": -0.114858, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.635574, "energy": 25.418912, "activity_lines": [ 265.546812, 257.787089, 252.909205, 256.309604 ] }, { "date": "2025-05-02", "close": 259.543274, "volume": 457996, "typical_volume": 694643.3, "trend": 262.664927, "fair_value": 264.292139, "relative_strength": -6.727108, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 14.428196, "energy": 26.706023, "activity_lines": [ 265.286413, 259.191841, 253.567924, 256.070717 ] }, { "date": "2025-05-09", "close": 257.953125, "volume": 2576401, "typical_volume": 775823.0, "trend": 261.568869, "fair_value": 264.767231, "relative_strength": -5.64272, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.435759, "energy": 25.351997, "activity_lines": [ 263.496155, 259.930718, 254.091514, 255.76673 ] }, { "date": "2025-05-16", "close": 273.506897, "volume": 936527, "typical_volume": 796098.0, "trend": 260.786688, "fair_value": 265.276633, "relative_strength": -3.696887, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.960421, "energy": 28.26774, "activity_lines": [ 266.595648, 263.027734, 256.105451, 256.536925 ] }, { "date": "2025-05-23", "close": 287.221954, "volume": 2023333, "typical_volume": 873832.7, "trend": 261.047371, "fair_value": 265.920752, "relative_strength": 1.981049, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.701129, "energy": 36.750788, "activity_lines": [ 273.246474, 268.226098, 259.401801, 258.242426 ] }, { "date": "2025-05-30", "close": 292.68811, "volume": 733895, "typical_volume": 886565.6, "trend": 261.16194, "fair_value": 266.651723, "relative_strength": 4.49988, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.800818, "energy": 52.492918, "activity_lines": [ 280.553239, 273.564865, 263.109611, 260.283764 ] }, { "date": "2025-06-06", "close": 292.936584, "volume": 590883, "typical_volume": 802912.9, "trend": 261.081861, "fair_value": 267.427849, "relative_strength": 3.66642, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.876511, "energy": 73.603057, "activity_lines": [ 286.804543, 278.234503, 266.626973, 262.333741 ] }, { "date": "2025-06-13", "close": 288.613342, "volume": 1001261, "typical_volume": 818571.55, "trend": 261.022658, "fair_value": 268.232881, "relative_strength": 3.534916, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.252881, "energy": 70.971939, "activity_lines": [ 289.388545, 281.238272, 269.483832, 264.109966 ] }, { "date": "2025-06-20", "close": 288.116425, "volume": 728823, "typical_volume": 818010.2, "trend": 261.420397, "fair_value": 269.050502, "relative_strength": 2.020613, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.258842, "energy": 66.102705, "activity_lines": [ 289.762895, 283.513822, 272.058589, 265.857951 ] }, { "date": "2025-06-27", "close": 309.434448, "volume": 1125165, "typical_volume": 822782.1, "trend": 262.569983, "fair_value": 270.006135, "relative_strength": 7.330749, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.937917, "energy": 71.503207, "activity_lines": [ 296.269283, 289.121471, 276.488025, 268.955632 ] }, { "date": "2025-07-04", "close": 308.341217, "volume": 477442, "typical_volume": 824530.8, "trend": 263.696327, "fair_value": 270.937732, "relative_strength": 7.677671, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.637362, "energy": 66.478478, "activity_lines": [ 300.930428, 293.808456, 280.577661, 271.908614 ] }, { "date": "2025-07-11", "close": 308.192139, "volume": 471641, "typical_volume": 825676.8, "trend": 265.203766, "fair_value": 271.883207, "relative_strength": 8.891697, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.803176, "energy": 73.366414, "activity_lines": [ 304.49834, 297.873293, 284.326785, 274.779312 ] }, { "date": "2025-07-18", "close": 337.063416, "volume": 3287183, "typical_volume": 973270.65, "trend": 267.77752, "fair_value": 272.914201, "relative_strength": 19.57215, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.026059, "energy": 87.211536, "activity_lines": [ 316.672974, 306.302928, 290.495218, 279.415418 ] }, { "date": "2025-07-25", "close": 318.726929, "volume": 1268916, "typical_volume": 987784.45, "trend": 269.451336, "fair_value": 273.829116, "relative_strength": 13.412405, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.44906, "energy": 75.399688, "activity_lines": [ 319.505441, 309.960287, 294.417556, 282.702477 ] }, { "date": "2025-08-01", "close": 303.123505, "volume": 903840, "typical_volume": 1012853.4, "trend": 270.745274, "fair_value": 274.556991, "relative_strength": 8.90966, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.311449, "energy": 52.929823, "activity_lines": [ 315.096066, 309.958477, 296.535775, 284.874875 ] }, { "date": "2025-08-08", "close": 300.53952, "volume": 487655, "typical_volume": 1013750.4, "trend": 272.505778, "fair_value": 275.150466, "relative_strength": 8.714347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.348261, "energy": 45.449257, "activity_lines": [ 310.246092, 309.197734, 298.108658, 286.797084 ] }, { "date": "2025-08-15", "close": 298.651184, "volume": 302904, "typical_volume": 987064.75, "trend": 274.437616, "fair_value": 275.691399, "relative_strength": 6.699768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.905406, "energy": 26.405516, "activity_lines": [ 305.286786, 307.950903, 299.277231, 288.483885 ] }, { "date": "2025-08-22", "close": 311.96875, "volume": 586296, "typical_volume": 999195.8, "trend": 276.859568, "fair_value": 276.145791, "relative_strength": 10.128099, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.354998, "energy": 23.319312, "activity_lines": [ 305.402732, 309.021546, 301.456501, 290.905248 ] }, { "date": "2025-08-29", "close": 308.882385, "volume": 488530, "typical_volume": 992224.25, "trend": 278.781028, "fair_value": 276.547923, "relative_strength": 10.777725, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.130048, "energy": 22.17898, "activity_lines": [ 306.162868, 309.106388, 303.063555, 292.971236 ] }, { "date": "2025-09-05", "close": 309.529846, "volume": 374754, "typical_volume": 988910.15, "trend": 280.433995, "fair_value": 276.951482, "relative_strength": 9.399663, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.80499, "energy": 24.754877, "activity_lines": [ 307.795127, 308.931388, 304.490934, 294.955031 ] }, { "date": "2025-09-12", "close": 321.482727, "volume": 407130, "typical_volume": 961528.75, "trend": 283.156238, "fair_value": 277.470423, "relative_strength": 11.606273, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.223448, "energy": 39.366135, "activity_lines": [ 312.984591, 310.927904, 306.867161, 297.603336 ] }, { "date": "2025-09-19", "close": 314.111786, "volume": 366514, "typical_volume": 956954.65, "trend": 285.665911, "fair_value": 277.898849, "relative_strength": 7.957239, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.261783, "energy": 34.999557, "activity_lines": [ 314.32086, 311.345312, 308.32297, 299.600469 ] }, { "date": "2025-09-26", "close": 301.461639, "volume": 605859, "typical_volume": 858427.55, "trend": 287.977529, "fair_value": 278.283374, "relative_strength": 6.195622, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.30827, "energy": 28.392711, "activity_lines": [ 310.409706, 309.355064, 308.314153, 300.619548 ] }, { "date": "2025-10-03", "close": 302.607117, "volume": 448237, "typical_volume": 834013.05, "trend": 289.666752, "fair_value": 278.545864, "relative_strength": 5.382722, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.207964, "energy": 18.665833, "activity_lines": [ 307.580853, 308.220389, 308.207246, 301.563392 ] }, { "date": "2025-10-10", "close": 303.60318, "volume": 398057, "typical_volume": 752749.25, "trend": 291.777439, "fair_value": 278.911536, "relative_strength": 4.032311, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.95226, "energy": 11.751944, "activity_lines": [ 305.502372, 307.559904, 308.05663, 302.462517 ] }, { "date": "2025-10-17", "close": 296.232239, "volume": 366571, "typical_volume": 734383.05, "trend": 293.205137, "fair_value": 279.039611, "relative_strength": -0.098404, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.648804, "energy": 12.3347, "activity_lines": [ 301.362022, 305.550527, 307.126014, 302.749923 ] }, { "date": "2025-10-24", "close": 306.989868, "volume": 329052, "typical_volume": 721291.5, "trend": 295.286594, "fair_value": 279.340357, "relative_strength": 3.127588, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.97175, "energy": 11.588108, "activity_lines": [ 302.490914, 305.575397, 307.203056, 303.639261 ] }, { "date": "2025-10-31", "close": 304.250671, "volume": 386492, "typical_volume": 690553.05, "trend": 296.977265, "fair_value": 279.430578, "relative_strength": 2.510115, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.349175, "energy": 10.010764, "activity_lines": [ 303.181535, 304.950618, 306.952303, 304.217588 ] }, { "date": "2025-11-07", "close": 306.143188, "volume": 732372, "typical_volume": 690730.5, "trend": 298.575318, "fair_value": 279.559539, "relative_strength": 4.115927, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.62442, "energy": 7.825978, "activity_lines": [ 304.317059, 304.810262, 306.807326, 304.808938 ] }, { "date": "2025-11-14", "close": 308.035736, "volume": 371768, "typical_volume": 653060.65, "trend": 299.852168, "fair_value": 279.801934, "relative_strength": 3.148102, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.680744, "energy": 14.341617, "activity_lines": [ 305.847695, 305.063809, 306.756749, 305.419287 ] }, { "date": "2025-11-21", "close": 315.805084, "volume": 561721, "typical_volume": 657274.6, "trend": 301.191876, "fair_value": 280.052753, "relative_strength": 5.009855, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.889202, "energy": 22.083367, "activity_lines": [ 309.672609, 306.757131, 307.452771, 306.448508 ] }, { "date": "2025-11-28", "close": 307.587494, "volume": 343728, "typical_volume": 650878.95, "trend": 302.79335, "fair_value": 280.24859, "relative_strength": 1.692783, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.772811, "energy": 18.992372, "activity_lines": [ 309.453471, 307.059575, 307.330624, 306.861128 ] }, { "date": "2025-12-05", "close": 319.341156, "volume": 876291, "typical_volume": 530334.35, "trend": 304.839618, "fair_value": 280.534647, "relative_strength": 5.457339, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.601355, "energy": 39.592106, "activity_lines": [ 313.112378, 309.617672, 308.330751, 307.928729 ] }, { "date": "2025-12-12", "close": 321.781525, "volume": 967273, "typical_volume": 515252.2, "trend": 306.448772, "fair_value": 280.821471, "relative_strength": 6.52468, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.79087, "energy": 49.17768, "activity_lines": [ 316.578709, 312.294391, 309.647687, 309.021755 ] }, { "date": "2025-12-19", "close": 314.709442, "volume": 469758, "typical_volume": 493548.1, "trend": 307.365022, "fair_value": 281.336488, "relative_strength": 4.315806, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.80532, "energy": 39.13317, "activity_lines": [ 316.645123, 313.33665, 310.276545, 309.554701 ] }, { "date": "2025-12-26", "close": 314.609802, "volume": 513291, "typical_volume": 494829.9, "trend": 308.095745, "fair_value": 281.654652, "relative_strength": 3.840479, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.416243, "energy": 38.163059, "activity_lines": [ 316.233411, 314.158862, 310.840743, 310.022107 ] }, { "date": "2026-01-02", "close": 324.022705, "volume": 969595, "typical_volume": 528164.45, "trend": 309.131949, "fair_value": 282.026136, "relative_strength": 5.558361, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.79671, "energy": 39.608912, "activity_lines": [ 319.039018, 316.358372, 312.234406, 311.049652 ] }, { "date": "2026-01-09", "close": 309.380432, "volume": 2265329, "typical_volume": 612116.1, "trend": 309.824185, "fair_value": 282.240276, "relative_strength": 3.069876, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.895696, "energy": 20.032027, "activity_lines": [ 315.868186, 315.585964, 312.112751, 311.065684 ] }, { "date": "2026-01-16", "close": 310.127472, "volume": 456448, "typical_volume": 610512.0, "trend": 310.557887, "fair_value": 282.514622, "relative_strength": 2.986839, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.710503, "energy": 12.653698, "activity_lines": [ 313.610417, 314.856112, 312.074567, 311.085251 ] }, { "date": "2026-01-23", "close": 300.714569, "volume": 772088, "typical_volume": 630378.7, "trend": 310.267224, "fair_value": 282.784779, "relative_strength": 2.159962, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.778538, "energy": 6.995806, "activity_lines": [ 308.991949, 312.342382, 311.133987, 310.450198 ] }, { "date": "2026-01-30", "close": 324.022705, "volume": 712398, "typical_volume": 645642.1, "trend": 310.78994, "fair_value": 283.224042, "relative_strength": 8.521165, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.099041, "energy": 17.086611, "activity_lines": [ 313.075852, 314.199607, 312.455208, 311.337648 ] }, { "date": "2026-02-06", "close": 324.450012, "volume": 919784, "typical_volume": 673305.6, "trend": 311.331869, "fair_value": 283.553959, "relative_strength": 6.80884, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.556244, "energy": 20.415673, "activity_lines": [ 316.674664, 315.985112, 313.805029, 312.218943 ] }, { "date": "2026-02-13", "close": 335.75, "volume": 688730, "typical_volume": 677449.15, "trend": 311.288089, "fair_value": 283.994949, "relative_strength": 11.003135, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.55899, "energy": 42.334633, "activity_lines": [ 324.011652, 319.51857, 316.181809, 313.794306 ] }, { "date": "2026-02-20", "close": 332.399994, "volume": 620092, "typical_volume": 686041.9, "trend": 311.743858, "fair_value": 284.385067, "relative_strength": 9.019831, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.79447, "energy": 52.323612, "activity_lines": [ 328.473999, 322.144593, 318.076264, 315.156365 ] }, { "date": "2026-02-27", "close": 324.350006, "volume": 888710, "typical_volume": 710574.55, "trend": 312.451408, "fair_value": 284.756129, "relative_strength": 7.623346, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.482844, "energy": 48.25401, "activity_lines": [ 328.768182, 323.113919, 319.062182, 315.969665 ] }, { "date": "2026-03-06", "close": 300.899994, "volume": 408672, "typical_volume": 712679.6, "trend": 312.463424, "fair_value": 285.021072, "relative_strength": 2.628659, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.809221, "energy": 16.791394, "activity_lines": [ 319.669999, 319.644324, 317.715972, 315.224412 ] }, { "date": "2026-03-13", "close": 301.600006, "volume": 429648, "typical_volume": 717709.4, "trend": 312.561718, "fair_value": 285.391189, "relative_strength": 8.241701, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.296063, "energy": 7.159744, "activity_lines": [ 312.346667, 316.551272, 316.414202, 314.523546 ] }, { "date": "2026-03-20", "close": 302.549988, "volume": 708471, "typical_volume": 733808.35, "trend": 312.247759, "fair_value": 285.643926, "relative_strength": 8.367217, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.962345, "energy": 18.475408, "activity_lines": [ 306.86333, 314.03863, 315.228572, 313.877628 ] }, { "date": "2026-03-27", "close": 292.200012, "volume": 375816, "typical_volume": 715980.55, "trend": 311.69168, "fair_value": 285.833992, "relative_strength": 5.607861, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.666729, "energy": 27.979449, "activity_lines": [ 300.143335, 309.768364, 313.065329, 312.584225 ] }, { "date": "2026-04-03", "close": 295.600006, "volume": 370416, "typical_volume": 715912.95, "trend": 311.227352, "fair_value": 286.157983, "relative_strength": 7.007461, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.311827, "energy": 43.207896, "activity_lines": [ 297.23667, 306.442233, 311.292291, 311.546053 ] }, { "date": "2026-04-10", "close": 308.450012, "volume": 539553, "typical_volume": 714804.55, "trend": 310.792928, "fair_value": 286.626186, "relative_strength": 5.197664, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.258641, "energy": 34.093525, "activity_lines": [ 300.530007, 305.545458, 310.80228, 311.36687 ] }, { "date": "2026-04-17", "close": 317.149994, "volume": 468958, "typical_volume": 721066.05, "trend": 310.894202, "fair_value": 287.192365, "relative_strength": 6.531236, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.543201, "energy": 11.347573, "activity_lines": [ 306.220003, 306.513639, 311.175864, 311.777003 ] }, { "date": "2026-04-24", "close": 320.350006, "volume": 639465, "typical_volume": 709224.75, "trend": 311.523814, "fair_value": 287.776117, "relative_strength": 9.323965, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.67829, "energy": 6.843804, "activity_lines": [ 311.940004, 308.196367, 311.808675, 312.387055 ] }, { "date": "2026-05-01", "close": 339.899994, "volume": 1774760, "typical_volume": 749599.1, "trend": 312.76691, "fair_value": 288.434478, "relative_strength": 14.882954, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.480099, "energy": 34.254563, "activity_lines": [ 322.99, 313.713638, 314.298585, 314.217776 ] }, { "date": "2026-05-08", "close": 346.75, "volume": 1106639, "typical_volume": 781443.15, "trend": 314.205137, "fair_value": 289.112077, "relative_strength": 15.683134, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.272869, "energy": 58.987776, "activity_lines": [ 333.143333, 320.340001, 317.354599, 316.410234 ] }, { "date": "2026-05-15", "close": 319.399994, "volume": 531986, "typical_volume": 782377.9, "trend": 314.977396, "fair_value": 289.615615, "relative_strength": 8.525331, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.900472, "energy": 52.637413, "activity_lines": [ 330.769997, 321.586364, 317.653276, 316.745386 ] }, { "date": "2026-05-22", "close": 307.799988, "volume": 419239, "typical_volume": 754860.1, "trend": 315.0044, "fair_value": 290.046264, "relative_strength": 4.021471, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.446849, "energy": 33.393795, "activity_lines": [ 323.799994, 320.38727, 316.82438, 316.282327 ] }, { "date": "2026-05-29", "close": 308.950012, "volume": 553931, "typical_volume": 669290.2, "trend": 315.161044, "fair_value": 290.436829, "relative_strength": 4.96129, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.591475, "energy": 10.96693, "activity_lines": [ 317.836666, 319.284545, 316.182261, 315.891721 ] }, { "date": "2026-06-05", "close": 306.149994, "volume": 75014, "typical_volume": 650218.5, "trend": 315.161271, "fair_value": 290.777212, "relative_strength": 4.592904, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.779268, "energy": 16.382769, "activity_lines": [ 311.699998, 317.556362, 315.275524, 315.310363 ] }, { "date": "2026-06-12", "close": 300.399994, "volume": 133679, "typical_volume": 618298.05, "trend": 314.906746, "fair_value": 291.099635, "relative_strength": 1.353523, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.005335, "energy": 33.041134, "activity_lines": [ 305.896663, 314.529088, 313.840107, 314.358023 ] }, { "date": "2026-06-19", "close": 319.049988, "volume": 112538, "typical_volume": 588305.05, "trend": 315.01491, "fair_value": 291.513682, "relative_strength": 5.603232, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.169926, "energy": 22.124854, "activity_lines": [ 309.399994, 314.80545, 314.182379, 314.625329 ] }, { "date": "2026-06-26", "close": 311.950012, "volume": 0, "typical_volume": 542315.85, "trend": 315.160327, "fair_value": 291.880851, "relative_strength": 2.927746, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.986355, "energy": 25.870027, "activity_lines": [ 310.56, 313.59818, 313.872142, 314.427593 ] }, { "date": "2026-07-03", "close": 322.049988, "volume": 219615, "typical_volume": 518860.1, "trend": 315.250622, "fair_value": 292.356335, "relative_strength": 5.133656, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -19.863208, "energy": 7.705904, "activity_lines": [ 314.809996, 314.321815, 314.583331, 314.872088 ] }, { "date": "2026-07-10", "close": 322.450012, "volume": 599212, "typical_volume": 517816.1, "trend": 315.272904, "fair_value": 292.815904, "relative_strength": 5.371122, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.098748, "energy": 14.893054, "activity_lines": [ 318.320001, 315.087272, 315.397857, 315.336565 ] }, { "date": "2026-07-17", "close": 313.799988, "volume": 456192, "typical_volume": 496190.2, "trend": 315.242589, "fair_value": 293.213829, "relative_strength": 2.101427, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.128031, "energy": 6.75037, "activity_lines": [ 317.859998, 314.59727, 315.435951, 315.241538 ] }, { "date": "2026-07-24", "close": 313.549988, "volume": 456628, "typical_volume": 498588.0, "trend": 315.207262, "fair_value": 293.543531, "relative_strength": 4.396083, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.900054, "energy": 5.220755, "activity_lines": [ 316.423328, 314.660905, 315.500473, 315.132338 ] }, { "date": "2026-07-31", "close": 319.799988, "volume": 1157930, "typical_volume": 535002.1, "trend": 315.066505, "fair_value": 293.988442, "relative_strength": 3.664038, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.639081, "energy": 18.813387, "activity_lines": [ 317.436658, 315.967267, 316.099996, 315.428642 ] }, { "date": "2026-08-07", "close": 302.149994, "volume": 536195, "typical_volume": 526388.3, "trend": 314.82549, "fair_value": 294.196865, "relative_strength": -2.797175, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.570621, "energy": 13.485146, "activity_lines": [ 312.043325, 313.846357, 314.931901, 314.595319 ] } ], "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." } } }