{ "ticker": { "uuid": "33d75921-957b-4884-ad5b-c85e02511f6e", "symbol": "FUSION", "name": "Fusion Finance 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": 54.972, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 55.787, "architecture_energy": 39.15, "architecture_maturity": 40.98, "architecture_confidence": 59.37, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 24.57, "rotation_up": 46.35, "upward_expansion": 71.76, "deceleration": 69.48, "rotation_down": 23.72, "downward_expansion": 9.76 }, "activity_lines": [ 212.768667, 211.185272, 200.725047, 193.124925 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 204.990005, "trend_reference": 186.002666, "distance_from_trend": 0.102081, "trend_direction": "Improving", "fair_value": 303.498205, "distance_from_fair_value": -0.324576, "fair_value_direction": "Improving", "relative_strength": 14.077587, "relative_strength_direction": "Weakening", "price_momentum": 0.078838, "excess_performance": 0.122547, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.102081, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.073059, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.324576, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.026468, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.140776, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.133026, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.078838, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.738895, "read": "Supply-led" } ], "volume": { "latest": 3806216, "relative_activity": 1.560038, "balance": 0.738895, "dry_up": 1.233735, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.099341, "annualized_volatility": 0.513516, "from_high_reference": -0.15642, "from_low_reference": 0.501758 }, "levels": { "trend_reference": 186.002666, "fair_value_reference": 303.498205, "structural_low": 136.5, "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": 7, "median_return": -0.094028, "positive_rate": 0.142857, "directional_follow_through": 0.142857, "median_excess_return": -0.096751, "regime_survival": 0.428571, "best_return": 0.186466, "worst_return": -0.218897, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.026346, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": 0.020405, "regime_survival": 0.666667, "best_return": 0.025793, "worst_return": -0.146427, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": -0.124411, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.145622, "regime_survival": 0.0, "best_return": -0.124411, "worst_return": -0.124411, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.239553, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.277046, "regime_survival": 1.0, "best_return": 0.239553, "worst_return": 0.239553, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-08-15", "tenure": "Developing", "return": -0.218738, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-22", "end": "2025-09-05", "tenure": "New", "return": 0.046594, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-12", "end": "2025-09-19", "tenure": "New", "return": 0.019497, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-10-31", "tenure": "Developing", "return": -0.043046, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2025-11-28", "tenure": "New", "return": -0.033092, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-05", "end": "2026-01-23", "tenure": "Developing", "return": 0.037692, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-02-13", "tenure": "New", "return": 0.027376, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-20", "end": "2026-03-06", "tenure": "New", "return": -0.026455, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": -0.117113, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.198333, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": 0.133354, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-06-05", "tenure": "New", "return": -0.156391, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": 0.103056, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.106408, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 558.200012, "volume": 1459981, "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": 630.849976, "volume": 2023319, "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": "2023-09-01", "close": 623.299988, "volume": 1537337, "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": "2023-09-08", "close": 618.75, "volume": 833853, "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": "2023-09-15", "close": 616.150024, "volume": 862476, "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": "2023-09-22", "close": 591.900024, "volume": 588428, "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": "2023-09-29", "close": 595.099976, "volume": 763860, "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": "2023-10-06", "close": 590.650024, "volume": 784935, "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": "2023-10-13", "close": 613.200012, "volume": 596927, "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": "2023-10-20", "close": 597.0, "volume": 371392, "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": "2023-10-27", "close": 599.849976, "volume": 2035189, "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": "2023-11-03", "close": 616.25, "volume": 962156, "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": "2023-11-10", "close": 576.900024, "volume": 2869764, "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": "2023-11-17", "close": 591.049988, "volume": 838684, "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": "2023-11-24", "close": 580.75, "volume": 525959, "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": "2023-12-01", "close": 572.950012, "volume": 617305, "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": "2023-12-08", "close": 573.849976, "volume": 1723546, "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": "2023-12-15", "close": 608.849976, "volume": 4120965, "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": "2023-12-22", "close": 568.700012, "volume": 3327605, "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": "2023-12-29", "close": 576.400024, "volume": 1870922, "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": "2024-01-05", "close": 609.299988, "volume": 1860832, "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": "2024-01-12", "close": 642.549988, "volume": 2485793, "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": "2024-01-19", "close": 640.200012, "volume": 1629441, "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": "2024-01-26", "close": 626.799988, "volume": 1180071, "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": "2024-02-02", "close": 589.900024, "volume": 4785570, "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": "2024-02-09", "close": 568.900024, "volume": 1920398, "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": "2024-02-16", "close": 555.150024, "volume": 1285700, "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": "2024-02-23", "close": 555.25, "volume": 969115, "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": "2024-03-01", "close": 552.0, "volume": 1005218, "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": "2024-03-08", "close": 499.450012, "volume": 1365163, "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": "2024-03-15", "close": 476.049988, "volume": 3063279, "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": "2024-03-22", "close": 464.950012, "volume": 1941939, "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": "2024-03-29", "close": 463.25, "volume": 933800, "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": "2024-04-05", "close": 494.5, "volume": 3006175, "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": "2024-04-12", "close": 484.600006, "volume": 630628, "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": "2024-04-19", "close": 467.600006, "volume": 627862, "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": "2024-04-26", "close": 508.649994, "volume": 1040167, "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": "2024-05-03", "close": 536.0, "volume": 1374556, "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": "2024-05-10", "close": 473.049988, "volume": 2462964, "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": "2024-05-17", "close": 476.850006, "volume": 852301, "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": "2024-05-24", "close": 460.25, "volume": 979940, "typical_volume": 1677004.0, "trend": 547.031669, "fair_value": 508.220626, "relative_strength": -27.134516, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.898682, "energy": 42.208884, "activity_lines": [ 480.563332, 484.250909, 499.178335, 521.404626 ] }, { "date": "2024-05-31", "close": 454.850006, "volume": 626316, "typical_volume": 1584030.15, "trend": 541.651669, "fair_value": 507.56173, "relative_strength": -26.259162, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.972531, "energy": 53.828121, "activity_lines": [ 468.526668, 479.138182, 492.326193, 515.457422 ] }, { "date": "2024-06-07", "close": 460.25, "volume": 2811984, "typical_volume": 1643157.3, "trend": 537.763335, "fair_value": 506.984757, "relative_strength": -27.383876, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.644218, "energy": 59.49926, "activity_lines": [ 461.876668, 475.19091, 486.882145, 510.205701 ] }, { "date": "2024-06-14", "close": 495.899994, "volume": 2157949, "typical_volume": 1692051.2, "trend": 534.591669, "fair_value": 506.851206, "relative_strength": -21.991047, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.224043, "energy": 42.43576, "activity_lines": [ 472.16, 477.779999, 485.690239, 507.504841 ] }, { "date": "2024-06-21", "close": 471.5, "volume": 1701047, "typical_volume": 1537825.05, "trend": 530.950002, "fair_value": 506.430358, "relative_strength": -25.462849, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.482929, "energy": 37.169641, "activity_lines": [ 472.786666, 475.907272, 482.797858, 503.43441 ] }, { "date": "2024-06-28", "close": 448.75, "volume": 1266370, "typical_volume": 1505123.65, "trend": 526.810002, "fair_value": 505.751766, "relative_strength": -30.068066, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.161956, "energy": 39.240101, "activity_lines": [ 466.186666, 470.136363, 478.302619, 498.131184 ] }, { "date": "2024-07-05", "close": 450.100006, "volume": 1171961, "typical_volume": 1499436.7, "trend": 522.685003, "fair_value": 505.104652, "relative_strength": -30.171839, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.195436, "energy": 38.837182, "activity_lines": [ 460.803335, 464.953637, 474.508096, 493.182152 ] }, { "date": "2024-07-12", "close": 449.049988, "volume": 1696381, "typical_volume": 1535800.0, "trend": 517.358336, "fair_value": 504.460346, "relative_strength": -30.191916, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.954086, "energy": 43.863138, "activity_lines": [ 455.386664, 460.644544, 471.113809, 488.431506 ] }, { "date": "2024-07-19", "close": 433.649994, "volume": 486576, "typical_volume": 1509867.9, "trend": 512.856669, "fair_value": 503.655683, "relative_strength": -31.988892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.788117, "energy": 59.596568, "activity_lines": [ 445.583329, 455.116361, 466.75857, 483.030968 ] }, { "date": "2024-07-26", "close": 438.049988, "volume": 1379567, "typical_volume": 1510588.1, "trend": 508.245001, "fair_value": 502.91854, "relative_strength": -31.334199, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.758553, "energy": 59.609985, "activity_lines": [ 441.396659, 451.104541, 463.38595, 478.204731 ] }, { "date": "2024-08-02", "close": 435.850006, "volume": 915086, "typical_volume": 1403178.45, "trend": 502.463335, "fair_value": 502.173334, "relative_strength": -30.623003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.534563, "energy": 57.095085, "activity_lines": [ 438.706663, 447.398179, 460.096189, 473.534086 ] }, { "date": "2024-08-09", "close": 305.5, "volume": 8803256, "typical_volume": 1746244.3, "trend": 491.228336, "fair_value": 500.012089, "relative_strength": -49.973985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -96.287995, "energy": 91.189653, "activity_lines": [ 393.426664, 420.435452, 444.58357, 460.826774 ] }, { "date": "2024-08-16", "close": 284.850006, "volume": 1451975, "typical_volume": 1772153.05, "trend": 479.383335, "fair_value": 497.67337, "relative_strength": -53.062395, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -96.231064, "energy": 97.605198, "activity_lines": [ 350.903335, 392.433635, 427.86357, 447.512043 ] }, { "date": "2024-08-23", "close": 287.850006, "volume": 3244022, "typical_volume": 1784045.4, "trend": 468.085003, "fair_value": 495.417205, "relative_strength": -52.322771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.603168, "energy": 95.697287, "activity_lines": [ 320.32667, 368.166364, 412.278809, 435.155054 ] }, { "date": "2024-08-30", "close": 320.600006, "volume": 3582787, "typical_volume": 1931653.35, "trend": 459.108335, "fair_value": 493.557448, "relative_strength": -46.95457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.453128, "energy": 88.713089, "activity_lines": [ 310.386672, 353.636365, 400.797143, 425.639893 ] }, { "date": "2024-09-06", "close": 312.899994, "volume": 1088487, "typical_volume": 1954684.6, "trend": 450.575001, "fair_value": 491.65579, "relative_strength": -46.630885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.05138, "energy": 87.899199, "activity_lines": [ 305.710002, 340.450001, 389.363095, 416.207097 ] }, { "date": "2024-09-13", "close": 308.799988, "volume": 996628, "typical_volume": 1952507.65, "trend": 442.363333, "fair_value": 489.751042, "relative_strength": -47.594531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.379777, "energy": 81.93042, "activity_lines": [ 307.86333, 328.98818, 378.275237, 407.060322 ] }, { "date": "2024-09-20", "close": 306.549988, "volume": 942848, "typical_volume": 1930922.25, "trend": 434.073333, "fair_value": 487.862372, "relative_strength": -48.070638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.537683, "energy": 65.440786, "activity_lines": [ 309.046659, 319.68636, 367.92476, 398.29817 ] }, { "date": "2024-09-27", "close": 250.649994, "volume": 9299885, "typical_volume": 2272768.3, "trend": 424.028333, "fair_value": 485.441837, "relative_strength": -57.427932, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.932493, "energy": 72.745567, "activity_lines": [ 290.149992, 302.811814, 353.343092, 386.464407 ] }, { "date": "2024-10-04", "close": 236.610001, "volume": 1009686, "typical_volume": 2280637.55, "trend": 415.266999, "fair_value": 482.928384, "relative_strength": -57.188076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.987398, "energy": 73.079243, "activity_lines": [ 269.053328, 286.711815, 338.483331, 374.372901 ] }, { "date": "2024-10-11", "close": 227.419998, "volume": 1461768, "typical_volume": 2304728.95, "trend": 406.979332, "fair_value": 480.3733, "relative_strength": -57.965311, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.312511, "energy": 84.28291, "activity_lines": [ 250.492663, 272.603451, 323.892331, 362.25374 ] }, { "date": "2024-10-18", "close": 208.270004, "volume": 1199317, "typical_volume": 2333379.0, "trend": 398.423332, "fair_value": 477.679208, "relative_strength": -60.5583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.886278, "energy": 92.035982, "activity_lines": [ 231.247333, 258.802907, 308.586236, 349.433783 ] }, { "date": "2024-10-25", "close": 190.490005, "volume": 2051586, "typical_volume": 2295359.1, "trend": 389.331332, "fair_value": 474.863628, "relative_strength": -62.111153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.879057, "energy": 93.442479, "activity_lines": [ 212.777335, 243.537453, 292.760999, 336.01873 ] }, { "date": "2024-11-01", "close": 228.75, "volume": 1368304, "typical_volume": 2255876.85, "trend": 380.472999, "fair_value": 472.474175, "relative_strength": -53.76455, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.971457, "energy": 67.519636, "activity_lines": [ 214.798002, 236.943999, 281.864142, 325.658644 ] }, { "date": "2024-11-08", "close": 202.100006, "volume": 1555615, "typical_volume": 2248605.25, "trend": 371.056332, "fair_value": 469.874424, "relative_strength": -58.041512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.07236, "energy": 88.095027, "activity_lines": [ 209.395337, 226.579637, 269.701333, 314.150709 ] }, { "date": "2024-11-15", "close": 177.710007, "volume": 1236036, "typical_volume": 2247088.55, "trend": 361.393332, "fair_value": 467.091905, "relative_strength": -61.304409, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.47697, "energy": 88.963323, "activity_lines": [ 198.163338, 213.935275, 256.498524, 301.676752 ] }, { "date": "2024-11-22", "close": 184.779999, "volume": 3305064, "typical_volume": 2353743.7, "trend": 350.597666, "fair_value": 464.428586, "relative_strength": -59.533597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.192861, "energy": 69.949463, "activity_lines": [ 192.602003, 205.034366, 245.259715, 290.282344 ] }, { "date": "2024-11-29", "close": 180.830002, "volume": 2772690, "typical_volume": 2407559.15, "trend": 338.758666, "fair_value": 461.778131, "relative_strength": -59.927782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.62232, "energy": 87.811503, "activity_lines": [ 187.290003, 197.670184, 234.908143, 279.329591 ] }, { "date": "2024-12-06", "close": 190.229996, "volume": 2458568, "typical_volume": 2506158.75, "trend": 329.331333, "fair_value": 459.263797, "relative_strength": -57.928132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.632091, "energy": 66.97619, "activity_lines": [ 185.755334, 194.300911, 226.729048, 269.747096 ] }, { "date": "2024-12-13", "close": 187.669998, "volume": 1799482, "typical_volume": 2527154.5, "trend": 319.691999, "fair_value": 456.772111, "relative_strength": -57.723059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.811487, "energy": 65.124352, "activity_lines": [ 185.935332, 191.564728, 219.465286, 260.607656 ] }, { "date": "2024-12-20", "close": 174.270004, "volume": 897081, "typical_volume": 2526254.25, "trend": 310.159333, "fair_value": 454.20391, "relative_strength": -57.907003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.258018, "energy": 66.709244, "activity_lines": [ 182.610667, 187.282001, 212.117619, 251.225591 ] }, { "date": "2024-12-27", "close": 170.899994, "volume": 605131, "typical_volume": 2116348.0, "trend": 300.694332, "fair_value": 451.651622, "relative_strength": -58.227096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.199022, "energy": 67.636963, "activity_lines": [ 178.391998, 183.352909, 205.694619, 242.241118 ] }, { "date": "2025-01-03", "close": 179.949997, "volume": 1021608, "typical_volume": 2094829.65, "trend": 291.350999, "fair_value": 449.225715, "relative_strength": -55.337365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.769517, "energy": 63.175216, "activity_lines": [ 178.115331, 181.748726, 200.774476, 234.451161 ] }, { "date": "2025-01-10", "close": 178.160004, "volume": 3097143, "typical_volume": 2087485.7, "trend": 280.759666, "fair_value": 446.826903, "relative_strength": -53.542433, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.695989, "energy": 61.478521, "activity_lines": [ 177.300666, 180.010727, 196.183381, 227.148516 ] }, { "date": "2025-01-17", "close": 187.729996, "volume": 2699601, "typical_volume": 2043326.4, "trend": 271.300666, "fair_value": 444.554123, "relative_strength": -49.282977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.554584, "energy": 54.171859, "activity_lines": [ 180.480665, 180.932544, 193.026047, 221.146602 ] }, { "date": "2025-01-24", "close": 171.279999, "volume": 1524347, "typical_volume": 2065119.4, "trend": 262.051666, "fair_value": 442.177827, "relative_strength": -52.241679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.500093, "energy": 52.188854, "activity_lines": [ 178.173332, 179.124726, 188.934762, 214.693655 ] }, { "date": "2025-01-31", "close": 176.880005, "volume": 1408147, "typical_volume": 2085695.35, "trend": 252.944332, "fair_value": 439.890776, "relative_strength": -50.356634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.763291, "energy": 48.405843, "activity_lines": [ 177.932001, 178.452, 186.051191, 209.19871 ] }, { "date": "2025-02-07", "close": 191.619995, "volume": 2237008, "typical_volume": 2150403.35, "trend": 244.363333, "fair_value": 437.768804, "relative_strength": -45.084262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.254329, "energy": 35.966093, "activity_lines": [ 182.205333, 180.602908, 185.199619, 205.242301 ] }, { "date": "2025-02-14", "close": 157.169998, "volume": 2282707, "typical_volume": 1799544.45, "trend": 235.147333, "fair_value": 435.390848, "relative_strength": -52.58963, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.220965, "energy": 50.550636, "activity_lines": [ 174.217332, 176.293999, 181.614381, 199.616924 ] }, { "date": "2025-02-21", "close": 164.259995, "volume": 1521824, "typical_volume": 1825151.35, "trend": 226.021, "fair_value": 433.112437, "relative_strength": -48.953082, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.154931, "energy": 47.630918, "activity_lines": [ 169.991997, 173.875271, 179.149523, 195.043548 ] }, { "date": "2025-02-28", "close": 156.580002, "volume": 855155, "typical_volume": 1794820.7, "trend": 216.712, "fair_value": 430.808, "relative_strength": -48.629508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.348614, "energy": 51.525616, "activity_lines": [ 164.771332, 170.485817, 176.297761, 190.563483 ] }, { "date": "2025-03-07", "close": 162.429993, "volume": 2649808, "typical_volume": 1867345.25, "trend": 211.942999, "fair_value": 428.59, "relative_strength": -46.602928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.582478, "energy": 49.730541, "activity_lines": [ 162.480663, 168.481634, 174.340475, 187.061418 ] }, { "date": "2025-03-14", "close": 141.199997, "volume": 1602502, "typical_volume": 1844891.05, "trend": 207.154666, "fair_value": 426.234345, "relative_strength": -52.217091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.804048, "energy": 60.945373, "activity_lines": [ 154.076663, 162.771452, 170.57957, 182.497354 ] }, { "date": "2025-03-21", "close": 158.979996, "volume": 3462943, "typical_volume": 1949623.0, "trend": 202.858999, "fair_value": 424.061545, "relative_strength": -47.303197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.57531, "energy": 46.780552, "activity_lines": [ 154.960663, 160.998543, 168.746712, 179.38931 ] }, { "date": "2025-03-28", "close": 140.270004, "volume": 4921154, "typical_volume": 2117899.95, "trend": 196.847999, "fair_value": 421.772904, "relative_strength": -52.800284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.608773, "energy": 49.335875, "activity_lines": [ 149.487332, 156.172544, 165.464189, 175.351311 ] }, { "date": "2025-04-04", "close": 134.25, "volume": 2887707, "typical_volume": 2200483.5, "trend": 190.892999, "fair_value": 419.47272, "relative_strength": -52.447805, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.288339, "energy": 52.67945, "activity_lines": [ 143.606666, 151.114908, 161.90276, 171.31273 ] }, { "date": "2025-04-11", "close": 140.5, "volume": 1421596, "typical_volume": 2106310.1, "trend": 185.282999, "fair_value": 417.258651, "relative_strength": -48.842229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.079991, "energy": 47.601232, "activity_lines": [ 141.298, 147.866908, 159.143523, 168.061569 ] }, { "date": "2025-04-18", "close": 155.070007, "volume": 8282982, "typical_volume": 2381824.7, "trend": 180.233667, "fair_value": 415.194174, "relative_strength": -44.666613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.722262, "energy": 41.899909, "activity_lines": [ 145.308003, 147.929455, 157.982761, 166.112344 ] }, { "date": "2025-04-25", "close": 168.75, "volume": 12300739, "typical_volume": 2873933.25, "trend": 177.503667, "fair_value": 413.268829, "relative_strength": -38.682973, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.143736, "energy": 24.431594, "activity_lines": [ 152.953335, 151.143819, 158.247523, 165.371462 ] }, { "date": "2025-05-02", "close": 168.070007, "volume": 2705476, "typical_volume": 2919232.95, "trend": 175.219, "fair_value": 411.368062, "relative_strength": -37.934389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.022552, "energy": 16.989774, "activity_lines": [ 159.72067, 154.024002, 158.54981, 164.762839 ] }, { "date": "2025-05-09", "close": 152.729996, "volume": 3063667, "typical_volume": 3027562.25, "trend": 172.729334, "fair_value": 409.378539, "relative_strength": -41.271578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.833307, "energy": 20.455524, "activity_lines": [ 159.521335, 154.045819, 157.484476, 163.311935 ] }, { "date": "2025-05-16", "close": 182.919998, "volume": 4990818, "typical_volume": 3246846.6, "trend": 171.884333, "fair_value": 407.649848, "relative_strength": -30.797763, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.57002, "energy": 16.585233, "activity_lines": [ 168.153333, 159.626728, 159.396952, 163.969398 ] }, { "date": "2025-05-23", "close": 176.130005, "volume": 1917325, "typical_volume": 3291632.45, "trend": 171.405667, "fair_value": 405.89591, "relative_strength": -31.298845, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.180609, "energy": 21.429164, "activity_lines": [ 171.694001, 163.600547, 160.605524, 164.243312 ] }, { "date": "2025-05-30", "close": 170.089996, "volume": 7507476, "typical_volume": 3512149.1, "trend": 169.450333, "fair_value": 404.122933, "relative_strength": -31.684286, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.903716, "energy": 17.266109, "activity_lines": [ 171.817333, 165.841092, 161.257048, 164.15843 ] }, { "date": "2025-06-06", "close": 171.979996, "volume": 2958833, "typical_volume": 3525110.7, "trend": 168.446333, "fair_value": 402.390523, "relative_strength": -29.895727, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.575357, "energy": 22.196218, "activity_lines": [ 172.481331, 168.223272, 162.127, 164.321634 ] }, { "date": "2025-06-13", "close": 193.669998, "volume": 13252123, "typical_volume": 4111499.5, "trend": 168.978333, "fair_value": 400.844445, "relative_strength": -18.008709, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.294155, "energy": 38.686705, "activity_lines": [ 180.114665, 173.972545, 165.137666, 165.948967 ] }, { "date": "2025-06-20", "close": 188.699997, "volume": 6647538, "typical_volume": 4373469.05, "trend": 169.108999, "fair_value": 399.284559, "relative_strength": -19.328287, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.432505, "energy": 41.068055, "activity_lines": [ 183.361997, 177.737817, 167.56838, 167.221333 ] }, { "date": "2025-06-27", "close": 205.800003, "volume": 8974999, "typical_volume": 4710368.6, "trend": 169.941333, "fair_value": 397.872263, "relative_strength": -11.88103, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 48.265338, "energy": 60.22705, "activity_lines": [ 191.923999, 183.735817, 171.571381, 169.588494 ] }, { "date": "2025-07-04", "close": 194.679993, "volume": 4769031, "typical_volume": 4834684.8, "trend": 170.089666, "fair_value": 396.399855, "relative_strength": -14.094364, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 59.554089, "energy": 65.612753, "activity_lines": [ 194.801331, 186.789634, 174.447809, 171.184537 ] }, { "date": "2025-07-11", "close": 188.809998, "volume": 2365446, "typical_volume": 4876865.9, "trend": 170.127666, "fair_value": 394.906403, "relative_strength": -13.6349, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.94816, "energy": 57.057162, "activity_lines": [ 194.082664, 188.304725, 176.58657, 172.3923 ] }, { "date": "2025-07-18", "close": 191.139999, "volume": 1983052, "typical_volume": 4933260.75, "trend": 170.689999, "fair_value": 393.450929, "relative_strength": -9.936798, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.238377, "energy": 51.211293, "activity_lines": [ 193.018665, 189.866362, 178.830332, 173.747935 ] }, { "date": "2025-07-25", "close": 170.080002, "volume": 1606529, "typical_volume": 4881096.8, "trend": 170.662666, "fair_value": 391.866738, "relative_strength": -17.419997, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.250342, "energy": 20.648982, "activity_lines": [ 185.103333, 186.900544, 178.903809, 173.70858 ] }, { "date": "2025-08-01", "close": 158.850006, "volume": 1587815, "typical_volume": 4880362.45, "trend": 169.959333, "fair_value": 390.225775, "relative_strength": -19.946563, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 9.269933, "energy": 14.636663, "activity_lines": [ 174.686002, 182.126364, 177.871333, 172.946473 ] }, { "date": "2025-08-08", "close": 147.479996, "volume": 1673641, "typical_volume": 4790897.35, "trend": 168.936666, "fair_value": 388.528252, "relative_strength": -23.885242, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -32.62971, "energy": 32.16197, "activity_lines": [ 163.608667, 175.59909, 175.671952, 171.496193 ] }, { "date": "2025-08-15", "close": 147.509995, "volume": 1327876, "typical_volume": 4611233.45, "trend": 167.595999, "fair_value": 386.854514, "relative_strength": -23.66099, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -34.303087, "energy": 42.967605, "activity_lines": [ 155.687999, 169.488362, 173.530189, 170.113827 ] }, { "date": "2025-08-22", "close": 167.190002, "volume": 2524967, "typical_volume": 4593096.45, "trend": 167.459666, "fair_value": 385.339586, "relative_strength": -13.270898, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.630958, "energy": 43.757289, "activity_lines": [ 157.080666, 167.400727, 173.228237, 170.087634 ] }, { "date": "2025-08-29", "close": 170.509995, "volume": 1342295, "typical_volume": 4589131.4, "trend": 167.247332, "fair_value": 383.868151, "relative_strength": -8.646355, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.684664, "energy": 36.555605, "activity_lines": [ 161.176664, 166.39818, 173.085618, 170.284429 ] }, { "date": "2025-09-05", "close": 174.979996, "volume": 1497933, "typical_volume": 4249878.95, "trend": 166.692666, "fair_value": 382.447143, "relative_strength": -6.138359, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 1.399308, "energy": 8.119985, "activity_lines": [ 166.733997, 166.539089, 173.225808, 170.783311 ] }, { "date": "2025-09-12", "close": 186.179993, "volume": 2051097, "typical_volume": 3737396.85, "trend": 167.659665, "fair_value": 381.121014, "relative_strength": -0.402608, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.165939, "energy": 29.274921, "activity_lines": [ 174.949329, 169.276724, 174.337855, 172.040558 ] }, { "date": "2025-09-19", "close": 189.809998, "volume": 2157561, "typical_volume": 3710001.1, "trend": 168.511332, "fair_value": 379.837047, "relative_strength": 1.840626, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.013798, "energy": 38.550309, "activity_lines": [ 181.794663, 172.828906, 175.712617, 173.469611 ] }, { "date": "2025-09-26", "close": 190.259995, "volume": 3830995, "typical_volume": 3748367.5, "trend": 169.633999, "fair_value": 378.5732, "relative_strength": 5.377436, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.350177, "energy": 47.346235, "activity_lines": [ 185.969996, 176.444724, 177.026712, 174.872751 ] }, { "date": "2025-10-03", "close": 193.169998, "volume": 2165048, "typical_volume": 3607079.0, "trend": 170.658666, "fair_value": 377.345364, "relative_strength": 6.434581, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.28603, "energy": 68.855577, "activity_lines": [ 189.57733, 180.605633, 178.439236, 176.391202 ] }, { "date": "2025-10-10", "close": 193.679993, "volume": 1573072, "typical_volume": 3589866.35, "trend": 172.407999, "fair_value": 376.13704, "relative_strength": 5.468375, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.728145, "energy": 70.106362, "activity_lines": [ 191.843995, 184.43945, 179.851521, 177.876449 ] }, { "date": "2025-10-17", "close": 182.539993, "volume": 1442880, "typical_volume": 3286636.55, "trend": 173.193332, "fair_value": 374.871699, "relative_strength": -1.906758, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.706216, "energy": 50.307732, "activity_lines": [ 189.150661, 185.614541, 180.119282, 178.530126 ] }, { "date": "2025-10-24", "close": 182.320007, "volume": 768206, "typical_volume": 3177105.2, "trend": 174.594999, "fair_value": 373.621364, "relative_strength": -2.138422, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.519033, "energy": 34.4797, "activity_lines": [ 186.626665, 186.112179, 180.306807, 179.118944 ] }, { "date": "2025-10-31", "close": 182.070007, "volume": 995005, "typical_volume": 2564249.3, "trend": 176.188999, "fair_value": 372.385548, "relative_strength": -1.382315, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.801462, "energy": 22.035453, "activity_lines": [ 184.518668, 185.931454, 180.421284, 179.601203 ] }, { "date": "2025-11-07", "close": 174.059998, "volume": 2278097, "typical_volume": 2345777.25, "trend": 177.307666, "fair_value": 371.114231, "relative_strength": -4.47659, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.958381, "energy": 15.914298, "activity_lines": [ 180.286668, 184.023817, 179.828141, 179.463848 ] }, { "date": "2025-11-14", "close": 170.940002, "volume": 1353150, "typical_volume": 1964684.8, "trend": 177.836665, "fair_value": 370.051987, "relative_strength": -7.463805, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.310622, "energy": 19.394145, "activity_lines": [ 176.288669, 181.484364, 179.00757, 179.053031 ] }, { "date": "2025-11-21", "close": 166.610001, "volume": 1070389, "typical_volume": 1779752.7, "trend": 177.765332, "fair_value": 368.810705, "relative_strength": -10.030166, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.342058, "energy": 27.981537, "activity_lines": [ 172.363335, 178.231091, 177.940618, 178.32873 ] }, { "date": "2025-11-28", "close": 168.300003, "volume": 1802554, "typical_volume": 1751608.1, "trend": 177.772999, "fair_value": 367.453974, "relative_strength": -9.322268, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.847023, "energy": 46.465728, "activity_lines": [ 170.063335, 175.64091, 177.168285, 177.718064 ] }, { "date": "2025-12-05", "close": 170.330002, "volume": 684626, "typical_volume": 1686686.8, "trend": 178.359666, "fair_value": 366.130769, "relative_strength": -7.86954, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.636167, "energy": 51.060688, "activity_lines": [ 169.374668, 173.810911, 176.686952, 177.23787 ] }, { "date": "2025-12-12", "close": 158.610001, "volume": 885783, "typical_volume": 1650649.5, "trend": 177.549332, "fair_value": 364.639487, "relative_strength": -13.398425, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.304847, "energy": 64.713184, "activity_lines": [ 165.562002, 170.212365, 175.188524, 175.963698 ] }, { "date": "2025-12-19", "close": 160.509995, "volume": 890366, "typical_volume": 1615777.05, "trend": 177.028665, "fair_value": 363.411987, "relative_strength": -11.798053, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.298846, "energy": 62.073983, "activity_lines": [ 163.412666, 167.587637, 173.925666, 174.864386 ] }, { "date": "2025-12-26", "close": 161.0, "volume": 531527, "typical_volume": 1558671.35, "trend": 176.725665, "fair_value": 362.109423, "relative_strength": -11.545283, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.737122, "energy": 58.017029, "activity_lines": [ 162.121999, 165.655091, 172.701571, 173.830279 ] }, { "date": "2026-01-02", "close": 161.949997, "volume": 942208, "typical_volume": 1539387.95, "trend": 176.391332, "fair_value": 360.678013, "relative_strength": -11.663731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.732971, "energy": 53.275182, "activity_lines": [ 161.521998, 164.286909, 171.503571, 172.87701 ] }, { "date": "2026-01-09", "close": 165.320007, "volume": 3581799, "typical_volume": 1592229.55, "trend": 175.446332, "fair_value": 359.230385, "relative_strength": -7.261282, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.803643, "energy": 34.781538, "activity_lines": [ 162.468668, 163.901819, 170.557762, 172.162731 ] }, { "date": "2026-01-16", "close": 173.089996, "volume": 1978114, "typical_volume": 1624020.5, "trend": 174.925999, "fair_value": 357.707244, "relative_strength": -2.578818, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.066617, "energy": 20.477364, "activity_lines": [ 166.339333, 165.234, 170.360857, 172.010709 ] }, { "date": "2026-01-23", "close": 176.75, "volume": 2709530, "typical_volume": 1684600.35, "trend": 173.957666, "fair_value": 356.434487, "relative_strength": 2.148109, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.906664, "energy": 13.468835, "activity_lines": [ 170.464667, 167.249273, 170.500238, 172.128387 ] }, { "date": "2026-01-30", "close": 183.369995, "volume": 2079353, "typical_volume": 1686013.15, "trend": 173.580666, "fair_value": 355.025, "relative_strength": 4.917995, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.098604, "energy": 16.48146, "activity_lines": [ 175.713998, 170.362544, 171.261666, 172.735634 ] }, { "date": "2026-02-06", "close": 190.009995, "volume": 2004306, "typical_volume": 1678350.4, "trend": 173.620666, "fair_value": 353.581154, "relative_strength": 7.359475, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.171344, "energy": 34.589945, "activity_lines": [ 181.68533, 174.378362, 172.668856, 173.79559 ] }, { "date": "2026-02-13", "close": 188.389999, "volume": 2582967, "typical_volume": 1615949.0, "trend": 173.528999, "fair_value": 352.120192, "relative_strength": 7.212263, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.095601, "energy": 51.271784, "activity_lines": [ 185.245997, 177.704907, 173.920809, 174.748451 ] }, { "date": "2026-02-20", "close": 182.949997, "volume": 1255696, "typical_volume": 1570481.4, "trend": 173.957999, "fair_value": 350.683333, "relative_strength": 3.723391, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.132558, "energy": 52.660182, "activity_lines": [ 185.45533, 179.713998, 174.66357, 175.356257 ] }, { "date": "2026-02-27", "close": 188.259995, "volume": 5553331, "typical_volume": 1769494.35, "trend": 174.938332, "fair_value": 349.319295, "relative_strength": 8.277451, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.655862, "energy": 49.259572, "activity_lines": [ 186.77733, 182.245997, 175.960713, 176.278966 ] }, { "date": "2026-03-06", "close": 178.110001, "volume": 1415641, "typical_volume": 1768132.4, "trend": 175.959332, "fair_value": 347.865833, "relative_strength": 5.466482, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.802837, "energy": 26.589107, "activity_lines": [ 183.948665, 182.427998, 176.316999, 176.48359 ] }, { "date": "2026-03-13", "close": 159.759995, "volume": 1975551, "typical_volume": 1828499.65, "trend": 176.367665, "fair_value": 346.316538, "relative_strength": -0.255523, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.466779, "energy": 13.79235, "activity_lines": [ 175.353997, 178.962543, 174.94676, 175.438472 ] }, { "date": "2026-03-20", "close": 159.009995, "volume": 1745132, "typical_volume": 1866006.0, "trend": 176.094998, "fair_value": 344.822051, "relative_strength": -0.586143, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.642849, "energy": 29.790991, "activity_lines": [ 168.525996, 175.400542, 173.612522, 174.318622 ] }, { "date": "2026-03-27", "close": 141.050003, "volume": 2640442, "typical_volume": 1884123.25, "trend": 175.112999, "fair_value": 343.157308, "relative_strength": -10.729046, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -74.229228, "energy": 57.073421, "activity_lines": [ 157.669998, 168.687816, 170.677617, 172.057655 ] }, { "date": "2026-04-03", "close": 147.580002, "volume": 1206849, "typical_volume": 1876808.2, "trend": 174.199665, "fair_value": 341.458141, "relative_strength": -6.32377, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.399573, "energy": 69.877261, "activity_lines": [ 151.784, 163.744908, 168.521808, 170.281332 ] }, { "date": "2026-04-10", "close": 157.710007, "volume": 1528294, "typical_volume": 1899703.45, "trend": 173.250666, "fair_value": 339.877756, "relative_strength": -5.566336, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.266021, "energy": 67.280711, "activity_lines": [ 151.986669, 161.174182, 167.441999, 169.217483 ] }, { "date": "2026-04-17", "close": 171.380005, "volume": 1617843, "typical_volume": 1890467.9, "trend": 172.636333, "fair_value": 338.40359, "relative_strength": 1.192305, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.220732, "energy": 45.880676, "activity_lines": [ 158.106004, 161.555456, 167.706476, 169.096795 ] }, { "date": "2026-04-24", "close": 176.850006, "volume": 2094318, "typical_volume": 1960952.5, "trend": 172.189333, "fair_value": 336.873782, "relative_strength": 6.301006, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.477559, "energy": 12.533092, "activity_lines": [ 165.274005, 163.270003, 168.477239, 169.368645 ] }, { "date": "2026-05-01", "close": 191.070007, "volume": 2190691, "typical_volume": 2026197.9, "trend": 172.119333, "fair_value": 335.262692, "relative_strength": 14.038122, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.655738, "energy": 22.51588, "activity_lines": [ 175.992673, 167.779822, 170.571239, 170.586753 ] }, { "date": "2026-05-08", "close": 216.550003, "volume": 5966690, "typical_volume": 2280014.1, "trend": 172.881667, "fair_value": 333.689936, "relative_strength": 27.380147, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 81.551536, "energy": 57.047508, "activity_lines": [ 191.870005, 176.774731, 174.937335, 173.453248 ] }, { "date": "2026-05-15", "close": 204.039993, "volume": 2315069, "typical_volume": 2369191.2, "trend": 173.598334, "fair_value": 331.955257, "relative_strength": 22.284283, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.368322, "energy": 73.008247, "activity_lines": [ 198.979334, 182.980729, 177.845144, 175.463463 ] }, { "date": "2026-05-22", "close": 178.130005, "volume": 3310624, "typical_volume": 2487612.0, "trend": 173.458667, "fair_value": 329.884295, "relative_strength": 6.292321, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.575428, "energy": 64.094358, "activity_lines": [ 194.363335, 184.004366, 178.080382, 175.755829 ] }, { "date": "2026-05-29", "close": 178.470001, "volume": 1306823, "typical_volume": 2373863.2, "trend": 173.338667, "fair_value": 327.782821, "relative_strength": 7.06503, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.544882, "energy": 49.352227, "activity_lines": [ 189.410668, 184.755821, 178.270954, 176.07914 ] }, { "date": "2026-06-05", "close": 172.130005, "volume": 478391, "typical_volume": 2298877.05, "trend": 173.274334, "fair_value": 325.52468, "relative_strength": 3.923928, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.941287, "energy": 15.738281, "activity_lines": [ 182.236669, 184.00073, 177.795097, 176.001162 ] }, { "date": "2026-06-12", "close": 174.759995, "volume": 732824, "typical_volume": 2200041.75, "trend": 173.401667, "fair_value": 323.321538, "relative_strength": 4.491376, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.420635, "energy": 20.414952, "activity_lines": [ 177.202, 183.158729, 177.574287, 176.097011 ] }, { "date": "2026-06-19", "close": 179.259995, "volume": 601143, "typical_volume": 2126131.25, "trend": 173.823333, "fair_value": 320.987949, "relative_strength": 5.454412, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.36017, "energy": 19.473639, "activity_lines": [ 176.453332, 182.640727, 177.791525, 176.474968 ] }, { "date": "2026-06-26", "close": 192.770004, "volume": 0, "typical_volume": 2025915.95, "trend": 174.639, "fair_value": 318.70218, "relative_strength": 13.204045, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.599208, "energy": 19.941489, "activity_lines": [ 181.86, 184.187273, 179.315001, 177.697334 ] }, { "date": "2026-07-03", "close": 229.399994, "volume": 3234298, "typical_volume": 2058482.5, "trend": 176.608, "fair_value": 316.426538, "relative_strength": 32.870742, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.478685, "energy": 63.142738, "activity_lines": [ 198.500664, 192.004908, 184.313905, 181.230301 ] }, { "date": "2026-07-10", "close": 234.039993, "volume": 7531766, "typical_volume": 2372286.0, "trend": 179.122333, "fair_value": 314.019744, "relative_strength": 35.126989, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.523022, "energy": 80.134266, "activity_lines": [ 213.292663, 199.710725, 189.559428, 184.935591 ] }, { "date": "2026-07-17", "close": 225.889999, "volume": 3202416, "typical_volume": 2254740.25, "trend": 181.301666, "fair_value": 311.512628, "relative_strength": 29.173592, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.806332, "energy": 80.937572, "activity_lines": [ 221.240663, 205.153452, 193.785476, 187.95286 ] }, { "date": "2026-07-24", "close": 216.479996, "volume": 2237245, "typical_volume": 2295820.45, "trend": 183.151, "fair_value": 308.682372, "relative_strength": 25.982928, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.437351, "energy": 78.686243, "activity_lines": [ 222.64333, 208.715452, 196.936142, 190.22243 ] }, { "date": "2026-07-31", "close": 207.830002, "volume": 2794498, "typical_volume": 2336767.8, "trend": 184.680333, "fair_value": 306.044744, "relative_strength": 17.251184, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.536167, "energy": 64.125565, "activity_lines": [ 218.681331, 210.478543, 199.080285, 191.814623 ] }, { "date": "2026-08-07", "close": 204.990005, "volume": 3806216, "typical_volume": 2439822.0, "trend": 186.002666, "fair_value": 303.498205, "relative_strength": 14.077587, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.786756, "energy": 39.149843, "activity_lines": [ 212.768667, 211.185272, 200.725047, 193.124925 ] } ], "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." } } }