{ "ticker": { "uuid": "36b67c85-63c9-477e-8cea-79223f2f042d", "symbol": "INDOBORAX", "name": "Indo Borax & Chemicals 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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 62.491, "architecture_energy": 53.631, "architecture_maturity": 67.936, "architecture_confidence": 76.972, "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": 9.78, "rotation_up": 58.77, "upward_expansion": 81.79, "deceleration": 67.96, "rotation_down": 21.04, "downward_expansion": 8.45 }, "activity_lines": [ 401.327905, 390.936657, 359.641292, 332.243003 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 400.399994, "trend_reference": 299.93805, "distance_from_trend": 0.334942, "trend_direction": "Improving", "fair_value": 216.574747, "distance_from_fair_value": 0.848784, "fair_value_direction": "Improving", "relative_strength": 43.756794, "relative_strength_direction": "Improving", "price_momentum": 0.640647, "excess_performance": 0.684356, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.334942, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.158629, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.848784, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.475711, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.437568, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.287709, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.640647, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.799716, "read": "Supply-led" } ], "volume": { "latest": 1365784, "relative_activity": 0.984362, "balance": 0.799716, "dry_up": 3.193623, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.111346, "annualized_volatility": 0.44311, "from_high_reference": -0.124823, "from_low_reference": 0.79499 }, "levels": { "trend_reference": 299.93805, "fair_value_reference": 216.574747, "structural_low": 234.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": -0.052438, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.068018, "regime_survival": 0.7, "best_return": 0.383556, "worst_return": -0.153153, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.043724, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.006827, "regime_survival": 0.0, "best_return": 0.111914, "worst_return": -0.258473, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.180386, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.098718, "regime_survival": 0.0, "best_return": 0.265654, "worst_return": -0.20592, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.270396, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.24883, "regime_survival": 0.5, "best_return": 0.668759, "worst_return": -0.127966, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-07", "end": "2024-06-28", "tenure": "New", "return": 0.087776, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-05", "end": "2024-07-12", "tenure": "New", "return": -0.078198, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-07-19", "end": "2024-08-02", "tenure": "New", "return": 0.005706, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-08-16", "tenure": "New", "return": 0.035152, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-23", "end": "2024-11-01", "tenure": "Developing", "return": 0.058606, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2025-01-10", "tenure": "Developing", "return": -0.158526, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-04-11", "tenure": "Established", "return": -0.056522, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-05-09", "tenure": "New", "return": 0.053662, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-16", "end": "2025-06-20", "tenure": "Developing", "return": 0.070117, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2025-08-29", "tenure": "Developing", "return": 0.139666, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-05", "end": "2026-02-13", "tenure": "Established", "return": 0.017369, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-05-01", "tenure": "Developing", "return": 0.132871, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-05-15", "tenure": "New", "return": 0.011984, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": 0.240973, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 158.142563, "volume": 570311, "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": 168.001709, "volume": 296236, "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": 169.141205, "volume": 223160, "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": 172.757874, "volume": 192603, "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": 166.21814, "volume": 239907, "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": 161.362885, "volume": 138967, "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": 157.548035, "volume": 125965, "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": 159.678406, "volume": 106854, "typical_volume": 721670.65, "trend": 136.562529, "fair_value": 131.87241, "relative_strength": 12.629697, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.708976, "energy": 22.838052, "activity_lines": [ 161.191132, 164.186864, 157.852163, 148.902103 ] }, { "date": "2023-10-13", "close": 159.331604, "volume": 117511, "typical_volume": 712487.4, "trend": 138.245585, "fair_value": 132.211412, "relative_strength": 11.57098, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.463921, "energy": 18.683383, "activity_lines": [ 159.797311, 162.897829, 158.851385, 150.371076 ] }, { "date": "2023-10-20", "close": 161.709686, "volume": 121301, "typical_volume": 694842.65, "trend": 140.119593, "fair_value": 132.571147, "relative_strength": 14.069702, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.120015, "energy": 16.784278, "activity_lines": [ 160.091268, 162.240253, 159.903053, 151.884889 ] }, { "date": "2023-10-27", "close": 155.021317, "volume": 116806, "typical_volume": 674681.9, "trend": 141.938176, "fair_value": 132.841631, "relative_strength": 11.813981, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.642987, "energy": 15.813651, "activity_lines": [ 158.456333, 160.718817, 160.14504, 152.84629 ] }, { "date": "2023-11-03", "close": 154.575424, "volume": 87225, "typical_volume": 646760.2, "trend": 143.497184, "fair_value": 133.100367, "relative_strength": 10.145572, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.041908, "energy": 11.895172, "activity_lines": [ 157.095537, 159.173061, 160.185184, 153.661597 ] }, { "date": "2023-11-10", "close": 147.193481, "volume": 228165, "typical_volume": 644515.6, "trend": 144.716511, "fair_value": 133.266168, "relative_strength": 3.930974, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.977183, "energy": 9.246819, "activity_lines": [ 153.472269, 156.529247, 159.409139, 153.900067 ] }, { "date": "2023-11-17", "close": 156.60672, "volume": 261907, "typical_volume": 643877.1, "trend": 146.183918, "fair_value": 133.53757, "relative_strength": 8.760508, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.50188, "energy": 14.046131, "activity_lines": [ 153.819074, 155.99598, 159.424149, 154.667178 ] }, { "date": "2023-11-24", "close": 162.750092, "volume": 409378, "typical_volume": 652963.75, "trend": 147.757562, "fair_value": 133.873346, "relative_strength": 12.570522, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.025754, "energy": 12.634553, "activity_lines": [ 156.39533, 156.873348, 159.895792, 155.735963 ] }, { "date": "2023-12-01", "close": 165.722702, "volume": 219617, "typical_volume": 650617.6, "trend": 149.37281, "fair_value": 134.235271, "relative_strength": 11.893207, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.506027, "energy": 20.976637, "activity_lines": [ 159.893095, 158.354246, 160.481809, 156.895004 ] }, { "date": "2023-12-08", "close": 166.069504, "volume": 1281512, "typical_volume": 676560.3, "trend": 150.904361, "fair_value": 134.592959, "relative_strength": 8.285173, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.298188, "energy": 29.946727, "activity_lines": [ 162.793035, 159.818929, 160.894742, 157.97221 ] }, { "date": "2023-12-15", "close": 166.069504, "volume": 452591, "typical_volume": 371655.4, "trend": 152.394852, "fair_value": 134.942698, "relative_strength": 5.763325, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 44.646772, "energy": 37.033873, "activity_lines": [ 164.926703, 161.128676, 161.156453, 158.950607 ] }, { "date": "2023-12-22", "close": 219.279129, "volume": 7130880, "typical_volume": 687969.45, "trend": 155.611369, "fair_value": 135.869472, "relative_strength": 39.121973, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.514371, "energy": 84.22367, "activity_lines": [ 183.538511, 171.996699, 166.519879, 163.265721 ] }, { "date": "2023-12-29", "close": 225.372955, "volume": 1410942, "typical_volume": 686591.9, "trend": 158.942325, "fair_value": 136.842336, "relative_strength": 39.404607, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.826223, "energy": 93.536326, "activity_lines": [ 200.003434, 182.882735, 172.230346, 167.766469 ] }, { "date": "2024-01-05", "close": 221.013153, "volume": 932664, "typical_volume": 704709.55, "trend": 162.257702, "fair_value": 137.747399, "relative_strength": 35.843665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.622862, "energy": 92.964132, "activity_lines": [ 210.840232, 191.818566, 177.31468, 171.771038 ] }, { "date": "2024-01-12", "close": 209.172287, "volume": 486170, "typical_volume": 714206.25, "trend": 164.869618, "fair_value": 138.507238, "relative_strength": 26.736491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.824736, "energy": 87.503246, "activity_lines": [ 214.044045, 197.401661, 180.971928, 174.797786 ] }, { "date": "2024-01-19", "close": 208.974091, "volume": 498033, "typical_volume": 727949.9, "trend": 167.667084, "fair_value": 139.248994, "relative_strength": 27.325679, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.643589, "energy": 80.785193, "activity_lines": [ 214.308273, 201.956049, 184.414251, 177.643236 ] }, { "date": "2024-01-26", "close": 203.028885, "volume": 273477, "typical_volume": 731993.6, "trend": 170.113637, "fair_value": 139.913368, "relative_strength": 24.497204, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.891916, "energy": 54.418143, "activity_lines": [ 209.730461, 204.306208, 187.100683, 179.924642 ] }, { "date": "2024-02-02", "close": 196.637787, "volume": 350247, "typical_volume": 737510.6, "trend": 172.424344, "fair_value": 140.498156, "relative_strength": 17.164347, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.8246, "energy": 37.724979, "activity_lines": [ 204.105632, 204.650309, 189.034291, 181.635878 ] }, { "date": "2024-02-09", "close": 187.125458, "volume": 409290, "typical_volume": 751026.75, "trend": 174.580569, "fair_value": 140.973945, "relative_strength": 11.541383, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.62516, "energy": 25.34329, "activity_lines": [ 197.225704, 202.648756, 189.917108, 182.584337 ] }, { "date": "2024-02-16", "close": 176.969055, "volume": 737432, "typical_volume": 781600.1, "trend": 176.002435, "fair_value": 141.337532, "relative_strength": 3.902441, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.958083, "energy": 21.244612, "activity_lines": [ 189.219489, 198.411443, 189.709969, 182.738433 ] }, { "date": "2024-02-23", "close": 182.072037, "volume": 1177554, "typical_volume": 835135.1, "trend": 176.296928, "fair_value": 141.744877, "relative_strength": 5.637952, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.312265, "energy": 22.743745, "activity_lines": [ 185.061149, 194.903772, 189.896348, 183.13002 ] }, { "date": "2024-03-01", "close": 177.712219, "volume": 328117, "typical_volume": 845665.4, "trend": 176.544636, "fair_value": 142.100989, "relative_strength": 2.175699, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.442868, "energy": 20.388584, "activity_lines": [ 181.243007, 190.312451, 189.560869, 183.221329 ] }, { "date": "2024-03-08", "close": 168.893478, "volume": 313909, "typical_volume": 855295.8, "trend": 176.13838, "fair_value": 142.36366, "relative_strength": -3.808022, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.898287, "energy": 21.45385, "activity_lines": [ 176.173063, 184.873485, 188.297984, 182.727706 ] }, { "date": "2024-03-15", "close": 155.516769, "volume": 512580, "typical_volume": 875084.5, "trend": 176.050853, "fair_value": 142.49136, "relative_strength": -9.690551, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.570329, "energy": 36.541038, "activity_lines": [ 168.493836, 178.029289, 185.726918, 181.397279 ] }, { "date": "2024-03-22", "close": 162.601471, "volume": 340133, "typical_volume": 887729.9, "trend": 175.870845, "fair_value": 142.684727, "relative_strength": -6.151644, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.257415, "energy": 52.442461, "activity_lines": [ 165.283423, 173.664064, 183.828226, 180.529577 ] }, { "date": "2024-03-29", "close": 159.48024, "volume": 416573, "typical_volume": 897150.3, "trend": 175.548813, "fair_value": 142.844684, "relative_strength": -9.203875, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.446829, "energy": 57.185155, "activity_lines": [ 161.990438, 169.578085, 181.594054, 179.472119 ] }, { "date": "2024-04-05", "close": 180.139832, "volume": 626981, "typical_volume": 915404.0, "trend": 175.794878, "fair_value": 143.196525, "relative_strength": 1.242993, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.645646, "energy": 35.460373, "activity_lines": [ 167.090103, 170.148284, 181.268955, 179.768314 ] }, { "date": "2024-04-12", "close": 176.820419, "volume": 266274, "typical_volume": 908248.8, "trend": 176.148288, "fair_value": 143.510767, "relative_strength": -1.044441, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -7.205563, "energy": 12.609279, "activity_lines": [ 170.921457, 170.531117, 180.515658, 179.834478 ] }, { "date": "2024-04-19", "close": 169.735718, "volume": 233784, "typical_volume": 908957.15, "trend": 176.427382, "fair_value": 143.753591, "relative_strength": -3.709816, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.201782, "energy": 11.244991, "activity_lines": [ 171.862781, 169.986139, 179.020627, 179.420764 ] }, { "date": "2024-04-26", "close": 179.396683, "volume": 469341, "typical_volume": 868348.6, "trend": 177.15567, "fair_value": 144.080592, "relative_strength": 0.143259, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.208685, "energy": 11.983948, "activity_lines": [ 175.076497, 171.513877, 178.426578, 179.612331 ] }, { "date": "2024-05-03", "close": 175.03685, "volume": 190190, "typical_volume": 855228.55, "trend": 177.667618, "fair_value": 144.362012, "relative_strength": -2.837033, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.88854, "energy": 8.778812, "activity_lines": [ 175.717254, 172.20478, 177.353843, 179.475633 ] }, { "date": "2024-05-10", "close": 165.425446, "volume": 280830, "typical_volume": 512726.05, "trend": 177.870746, "fair_value": 144.551773, "relative_strength": -6.631893, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.369911, "energy": 11.993335, "activity_lines": [ 172.117102, 171.276067, 175.323036, 178.685816 ] }, { "date": "2024-05-17", "close": 175.235046, "volume": 273122, "typical_volume": 455835.05, "trend": 178.321592, "fair_value": 144.825731, "relative_strength": -3.166911, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.470914, "energy": 7.036772, "activity_lines": [ 172.767777, 172.354313, 174.482922, 178.515771 ] }, { "date": "2024-05-24", "close": 169.686172, "volume": 185203, "typical_volume": 418462.0, "trend": 178.81042, "fair_value": 145.045735, "relative_strength": -8.403561, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.550268, "energy": 25.547342, "activity_lines": [ 171.674518, 172.308372, 173.353096, 177.958647 ] }, { "date": "2024-05-31", "close": 154.525894, "volume": 328762, "typical_volume": 410591.6, "trend": 178.808769, "fair_value": 145.128894, "relative_strength": -15.026708, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.929399, "energy": 49.8063, "activity_lines": [ 165.531136, 169.248391, 171.023848, 176.391903 ] }, { "date": "2024-06-07", "close": 159.282074, "volume": 367154, "typical_volume": 404047.65, "trend": 179.211722, "fair_value": 145.251965, "relative_strength": -15.326143, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.509425, "energy": 49.461619, "activity_lines": [ 162.6312, 167.199999, 169.40779, 175.132116 ] }, { "date": "2024-06-14", "close": 164.196777, "volume": 221889, "typical_volume": 401468.25, "trend": 179.464724, "fair_value": 145.415282, "relative_strength": -13.376179, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.757336, "energy": 51.835111, "activity_lines": [ 162.419817, 166.048793, 168.496429, 174.16341 ] }, { "date": "2024-06-21", "close": 174.125259, "volume": 619608, "typical_volume": 414936.3, "trend": 179.843896, "fair_value": 145.660667, "relative_strength": -8.431774, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.178463, "energy": 35.910839, "activity_lines": [ 165.599839, 166.992638, 168.715551, 173.818928 ] }, { "date": "2024-06-28", "close": 173.263214, "volume": 545184, "typical_volume": 421731.0, "trend": 180.095247, "fair_value": 145.894587, "relative_strength": -10.916057, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.994729, "energy": 16.877588, "activity_lines": [ 168.566499, 167.828752, 168.959777, 173.394368 ] }, { "date": "2024-07-05", "close": 201.473221, "volume": 4049363, "typical_volume": 587327.55, "trend": 181.275371, "fair_value": 146.361634, "relative_strength": 1.843856, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 15.317295, "energy": 21.900805, "activity_lines": [ 180.698024, 173.729821, 171.956681, 174.773592 ] }, { "date": "2024-07-12", "close": 185.718414, "volume": 553785, "typical_volume": 556139.1, "trend": 181.930334, "fair_value": 146.689607, "relative_strength": -7.093592, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.023363, "energy": 27.243214, "activity_lines": [ 184.448126, 176.364988, 173.33644, 175.06024 ] }, { "date": "2024-07-19", "close": 185.807602, "volume": 1674522, "typical_volume": 623459.35, "trend": 180.814617, "fair_value": 147.012896, "relative_strength": -7.326565, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.019389, "energy": 31.821645, "activity_lines": [ 186.465534, 178.82216, 174.70733, 175.310387 ] }, { "date": "2024-07-26", "close": 187.601074, "volume": 511239, "typical_volume": 633325.85, "trend": 179.555554, "fair_value": 147.345586, "relative_strength": -7.301529, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.822452, "energy": 41.664969, "activity_lines": [ 187.640045, 181.234834, 176.210477, 175.748223 ] }, { "date": "2024-08-02", "close": 186.867828, "volume": 300518, "typical_volume": 622722.75, "trend": 178.417377, "fair_value": 147.666905, "relative_strength": -6.970521, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.733649, "energy": 26.53271, "activity_lines": [ 187.671753, 183.289354, 177.554707, 176.219982 ] }, { "date": "2024-08-09", "close": 184.351028, "volume": 352803, "typical_volume": 623356.25, "trend": 177.590001, "fair_value": 147.962745, "relative_strength": -6.51625, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.856467, "energy": 18.859563, "activity_lines": [ 185.957553, 184.57388, 178.509952, 176.602798 ] }, { "date": "2024-08-16", "close": 190.831299, "volume": 603978, "typical_volume": 632726.5, "trend": 176.985242, "fair_value": 148.305694, "relative_strength": -3.820323, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.629636, "energy": 30.267462, "activity_lines": [ 187.544923, 186.494362, 179.978795, 177.457076 ] }, { "date": "2024-08-23", "close": 194.046906, "volume": 644811, "typical_volume": 633618.0, "trend": 176.685842, "fair_value": 148.668719, "relative_strength": -3.102561, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.196688, "energy": 31.638049, "activity_lines": [ 189.863303, 188.425877, 181.604597, 178.557828 ] }, { "date": "2024-08-30", "close": 201.923904, "volume": 1150335, "typical_volume": 677821.05, "trend": 176.862046, "fair_value": 149.088051, "relative_strength": -0.652244, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.740664, "energy": 42.862761, "activity_lines": [ 194.258062, 191.246844, 183.914364, 180.18609 ] }, { "date": "2024-09-06", "close": 211.294617, "volume": 2543132, "typical_volume": 793288.45, "trend": 177.667685, "fair_value": 149.57404, "relative_strength": 5.617497, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.57502, "energy": 62.14436, "activity_lines": [ 200.821536, 195.266147, 186.99704, 182.407546 ] }, { "date": "2024-09-13", "close": 218.384918, "volume": 1625736, "typical_volume": 851108.2, "trend": 179.048214, "fair_value": 150.107458, "relative_strength": 6.89313, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.02005, "energy": 68.959757, "activity_lines": [ 208.119992, 199.883116, 190.557083, 185.034465 ] }, { "date": "2024-09-20", "close": 232.366333, "volume": 8693295, "typical_volume": 1276263.45, "trend": 180.72469, "fair_value": 150.740218, "relative_strength": 11.605533, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.811964, "energy": 75.633536, "activity_lines": [ 217.809993, 206.734675, 195.263031, 188.474343 ] }, { "date": "2024-09-27", "close": 215.487061, "volume": 1467262, "typical_volume": 1335585.05, "trend": 181.983852, "fair_value": 151.234469, "relative_strength": 1.913765, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.258794, "energy": 65.031055, "activity_lines": [ 219.104569, 209.669132, 198.088432, 190.717077 ] }, { "date": "2024-10-04", "close": 198.627716, "volume": 620509, "typical_volume": 1352954.4, "trend": 182.974993, "fair_value": 151.593509, "relative_strength": -1.644041, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.132335, "energy": 42.855991, "activity_lines": [ 213.350018, 208.998626, 199.069792, 191.790875 ] }, { "date": "2024-10-11", "close": 202.6409, "volume": 784012, "typical_volume": 1382894.85, "trend": 184.545797, "fair_value": 151.977324, "relative_strength": 0.533542, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.441864, "energy": 33.067647, "activity_lines": [ 209.152942, 208.857306, 200.321967, 193.059643 ] }, { "date": "2024-10-18", "close": 204.323822, "volume": 774704, "typical_volume": 1405191.95, "trend": 185.936542, "fair_value": 152.367969, "relative_strength": 1.83096, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.918024, "energy": 19.301943, "activity_lines": [ 206.093754, 208.735188, 201.577493, 194.335645 ] }, { "date": "2024-10-25", "close": 186.239624, "volume": 403558, "typical_volume": 1407012.15, "trend": 186.828522, "fair_value": 152.61887, "relative_strength": -4.498202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.635271, "energy": 16.857672, "activity_lines": [ 197.943907, 204.961893, 200.873581, 194.355198 ] }, { "date": "2024-11-01", "close": 205.41925, "volume": 312760, "typical_volume": 1411555.7, "trend": 187.671169, "fair_value": 153.007108, "relative_strength": 4.698098, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.371537, "energy": 17.060407, "activity_lines": [ 199.262382, 204.759288, 201.867931, 195.5546 ] }, { "date": "2024-11-08", "close": 196.745605, "volume": 264749, "typical_volume": 1393812.75, "trend": 188.335342, "fair_value": 153.326367, "relative_strength": 0.788877, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.332349, "energy": 15.581005, "activity_lines": [ 198.360829, 202.772886, 201.839922, 196.140047 ] }, { "date": "2024-11-15", "close": 173.234116, "volume": 304030, "typical_volume": 1381755.05, "trend": 188.451955, "fair_value": 153.470627, "relative_strength": -8.80966, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -5.589619, "energy": 14.334987, "activity_lines": [ 189.747588, 196.605819, 199.465008, 195.165775 ] }, { "date": "2024-11-22", "close": 185.562454, "volume": 1997959, "typical_volume": 1279184.85, "trend": 188.657481, "fair_value": 153.701503, "relative_strength": -3.744855, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.817338, "energy": 14.833966, "activity_lines": [ 187.204245, 193.372277, 198.264359, 194.979355 ] }, { "date": "2024-11-29", "close": 198.687454, "volume": 869530, "typical_volume": 1294972.1, "trend": 189.445834, "fair_value": 154.022831, "relative_strength": 2.09341, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.063898, "energy": 13.087009, "activity_lines": [ 190.28666, 193.121871, 198.389476, 195.62645 ] }, { "date": "2024-12-06", "close": 203.686508, "volume": 1006209, "typical_volume": 1261556.45, "trend": 190.721203, "fair_value": 154.375056, "relative_strength": 2.261982, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.284171, "energy": 12.758291, "activity_lines": [ 194.20557, 194.392727, 198.928937, 196.545204 ] }, { "date": "2024-12-13", "close": 196.337311, "volume": 417235, "typical_volume": 1256856.25, "trend": 191.424612, "fair_value": 154.670565, "relative_strength": -1.831678, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.837157, "energy": 11.968149, "activity_lines": [ 195.790265, 194.541921, 198.683336, 196.907533 ] }, { "date": "2024-12-20", "close": 191.21875, "volume": 384148, "typical_volume": 1261037.75, "trend": 192.142364, "fair_value": 154.926146, "relative_strength": 0.915415, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.485364, "energy": 12.938409, "activity_lines": [ 195.695992, 193.802111, 197.908652, 196.894252 ] }, { "date": "2024-12-27", "close": 183.511047, "volume": 181569, "typical_volume": 1252476.05, "trend": 193.108536, "fair_value": 155.124653, "relative_strength": -3.455191, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.307992, "energy": 7.227927, "activity_lines": [ 191.833509, 191.868576, 196.379182, 196.337393 ] }, { "date": "2025-01-03", "close": 183.441345, "volume": 281841, "typical_volume": 1236369.2, "trend": 193.913845, "fair_value": 155.31994, "relative_strength": -3.672142, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.649233, "energy": 24.969203, "activity_lines": [ 188.084553, 190.300782, 194.847074, 195.713703 ] }, { "date": "2025-01-10", "close": 165.556274, "volume": 271174, "typical_volume": 1217687.35, "trend": 193.959162, "fair_value": 155.390052, "relative_strength": -10.396553, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.79351, "energy": 60.398675, "activity_lines": [ 179.390313, 185.532034, 191.646816, 193.884182 ] }, { "date": "2025-01-17", "close": 179.707001, "volume": 301624, "typical_volume": 1175251.8, "trend": 194.14522, "fair_value": 155.555474, "relative_strength": -1.318801, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.967937, "energy": 56.370471, "activity_lines": [ 177.954999, 184.060928, 189.929916, 192.964688 ] }, { "date": "2025-01-24", "close": 171.760284, "volume": 243830, "typical_volume": 1060286.7, "trend": 194.095122, "fair_value": 155.664965, "relative_strength": -4.745937, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.108135, "energy": 60.535083, "activity_lines": [ 174.979466, 181.454757, 187.561981, 191.520498 ] }, { "date": "2025-01-31", "close": 175.066437, "volume": 165752, "typical_volume": 987287.5, "trend": 193.214896, "fair_value": 155.795177, "relative_strength": -4.26564, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.513203, "energy": 55.055907, "activity_lines": [ 174.403214, 179.476501, 185.697176, 190.292841 ] }, { "date": "2025-02-07", "close": 171.690582, "volume": 157039, "typical_volume": 560474.7, "trend": 192.747302, "fair_value": 155.901146, "relative_strength": -6.014328, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.831534, "energy": 39.289215, "activity_lines": [ 173.264652, 177.07529, 183.717139, 188.904176 ] }, { "date": "2025-02-14", "close": 158.207077, "volume": 415380, "typical_volume": 507880.6, "trend": 191.827284, "fair_value": 155.916417, "relative_strength": -10.763237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.997997, "energy": 52.143493, "activity_lines": [ 168.414973, 172.713385, 180.741892, 186.675774 ] }, { "date": "2025-02-21", "close": 159.043579, "volume": 279517, "typical_volume": 490831.0, "trend": 190.875368, "fair_value": 155.936991, "relative_strength": -9.492027, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.601141, "energy": 56.495957, "activity_lines": [ 164.334074, 169.330471, 178.119073, 184.560697 ] }, { "date": "2025-02-28", "close": 151.574875, "volume": 197091, "typical_volume": 461484.95, "trend": 189.698936, "fair_value": 155.90848, "relative_strength": -10.879933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.252558, "energy": 68.86268, "activity_lines": [ 159.141168, 165.267677, 174.973445, 182.025181 ] }, { "date": "2025-03-07", "close": 163.345551, "volume": 250757, "typical_volume": 435287.6, "trend": 188.998753, "fair_value": 155.956773, "relative_strength": -5.718396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.300945, "energy": 61.210571, "activity_lines": [ 159.217515, 164.065805, 173.192005, 180.324963 ] }, { "date": "2025-03-14", "close": 159.163071, "volume": 145834, "typical_volume": 422401.4, "trend": 187.943146, "fair_value": 155.977458, "relative_strength": -7.505887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.478, "energy": 54.993376, "activity_lines": [ 158.681095, 162.470127, 171.207368, 178.40008 ] }, { "date": "2025-03-21", "close": 173.074783, "volume": 236286, "typical_volume": 418577.7, "trend": 187.244075, "fair_value": 156.087057, "relative_strength": -3.540089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.180767, "energy": 34.26105, "activity_lines": [ 163.617079, 163.845274, 170.676592, 177.440831 ] }, { "date": "2025-03-28", "close": 169.529633, "volume": 305851, "typical_volume": 420632.8, "trend": 186.164266, "fair_value": 156.20855, "relative_strength": -6.209916, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.896448, "energy": 21.23924, "activity_lines": [ 166.380166, 164.439148, 169.962204, 176.297963 ] }, { "date": "2025-04-04", "close": 174.180145, "volume": 95809, "typical_volume": 410221.75, "trend": 184.927117, "fair_value": 156.319401, "relative_strength": -0.951769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.032517, "energy": 18.027595, "activity_lines": [ 169.994353, 166.063613, 169.820322, 175.524794 ] }, { "date": "2025-04-11", "close": 169.549545, "volume": 137282, "typical_volume": 317187.9, "trend": 183.299271, "fair_value": 156.397746, "relative_strength": -3.16138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.153884, "energy": 18.448456, "activity_lines": [ 170.557989, 166.802154, 169.232926, 174.532693 ] }, { "date": "2025-04-18", "close": 177.964294, "volume": 98347, "typical_volume": 278628.75, "trend": 181.48587, "fair_value": 156.546965, "relative_strength": -2.665771, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.946689, "energy": 14.332472, "activity_lines": [ 173.512942, 169.170956, 169.523186, 174.188501 ] }, { "date": "2025-04-25", "close": 179.657196, "volume": 487735, "typical_volume": 252705.05, "trend": 180.291541, "fair_value": 156.736515, "relative_strength": -2.377729, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.221039, "energy": 11.519141, "activity_lines": [ 175.778781, 171.73349, 170.073357, 174.070522 ] }, { "date": "2025-05-02", "close": 185.223877, "volume": 159563, "typical_volume": 239821.45, "trend": 179.844746, "fair_value": 157.07025, "relative_strength": -0.5785, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.325508, "energy": 15.28611, "activity_lines": [ 179.461352, 174.918147, 171.268113, 174.388737 ] }, { "date": "2025-05-09", "close": 187.514282, "volume": 225595, "typical_volume": 231893.8, "trend": 179.340526, "fair_value": 157.434662, "relative_strength": 1.991414, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.675585, "energy": 35.649344, "activity_lines": [ 182.861109, 178.043235, 172.733923, 174.883546 ] }, { "date": "2025-05-16", "close": 186.618027, "volume": 276247, "typical_volume": 236627.7, "trend": 178.750333, "fair_value": 157.805244, "relative_strength": -2.517373, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.488744, "energy": 43.83361, "activity_lines": [ 185.073172, 180.351924, 174.132017, 175.353062 ] }, { "date": "2025-05-23", "close": 185.751663, "volume": 162300, "typical_volume": 230650.65, "trend": 178.734067, "fair_value": 158.162119, "relative_strength": -2.339561, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.66535, "energy": 42.958324, "activity_lines": [ 185.858548, 182.079956, 175.432805, 175.804761 ] }, { "date": "2025-05-30", "close": 186.130081, "volume": 183551, "typical_volume": 226269.5, "trend": 178.091095, "fair_value": 158.653756, "relative_strength": -1.898658, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.471497, "energy": 37.437659, "activity_lines": [ 186.250905, 183.393363, 176.758631, 176.281923 ] }, { "date": "2025-06-06", "close": 195.411179, "volume": 770512, "typical_volume": 249713.9, "trend": 178.046614, "fair_value": 159.212414, "relative_strength": 1.70439, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.617608, "energy": 42.448747, "activity_lines": [ 189.305436, 186.156873, 178.8704, 177.399348 ] }, { "date": "2025-06-13", "close": 203.706421, "volume": 535422, "typical_volume": 264293.5, "trend": 179.062358, "fair_value": 159.859681, "relative_strength": 6.909077, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.552071, "energy": 51.438287, "activity_lines": [ 194.445894, 189.958035, 181.697411, 179.054819 ] }, { "date": "2025-06-20", "close": 199.703186, "volume": 452075, "typical_volume": 278609.65, "trend": 179.533715, "fair_value": 160.486618, "relative_strength": 3.024952, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.759008, "energy": 63.195099, "activity_lines": [ 197.172465, 192.494495, 183.991037, 180.386485 ] }, { "date": "2025-06-27", "close": 209.054016, "volume": 853414, "typical_volume": 313428.4, "trend": 179.879267, "fair_value": 161.169106, "relative_strength": 5.392486, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.952603, "energy": 72.848564, "activity_lines": [ 202.143635, 196.182857, 187.0579, 182.291021 ] }, { "date": "2025-07-04", "close": 219.311035, "volume": 826450, "typical_volume": 333981.9, "trend": 180.400085, "fair_value": 161.885985, "relative_strength": 11.239785, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.998406, "energy": 80.455987, "activity_lines": [ 208.980321, 201.170865, 190.923701, 184.835006 ] }, { "date": "2025-07-11", "close": 233.133118, "volume": 1180249, "typical_volume": 379018.5, "trend": 181.626612, "fair_value": 162.688959, "relative_strength": 19.213271, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.390724, "energy": 86.6842, "activity_lines": [ 218.212305, 207.951, 195.81492, 188.237137 ] }, { "date": "2025-07-18", "close": 245.541138, "volume": 1032101, "typical_volume": 420769.0, "trend": 183.437358, "fair_value": 163.458891, "relative_strength": 25.767748, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.498491, "energy": 92.967127, "activity_lines": [ 229.065499, 216.116061, 201.535047, 192.360655 ] }, { "date": "2025-07-25", "close": 289.238037, "volume": 7058258, "typical_volume": 761144.05, "trend": 186.961591, "fair_value": 164.521476, "relative_strength": 47.449622, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.570871, "energy": 97.594468, "activity_lines": [ 251.695345, 231.17098, 210.969326, 199.186505 ] }, { "date": "2025-08-01", "close": 281.072235, "volume": 701105, "typical_volume": 788907.6, "trend": 190.215954, "fair_value": 165.544259, "relative_strength": 43.514852, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.357762, "energy": 93.15707, "activity_lines": [ 265.634267, 242.875388, 219.026421, 205.25816 ] }, { "date": "2025-08-08", "close": 265.83609, "volume": 491058, "typical_volume": 801646.2, "trend": 193.558615, "fair_value": 166.379374, "relative_strength": 35.765269, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.745412, "energy": 84.443386, "activity_lines": [ 269.69326, 250.076487, 225.051935, 210.136878 ] }, { "date": "2025-08-15", "close": 256.176575, "volume": 137698, "typical_volume": 793238.55, "trend": 196.1076, "fair_value": 167.170973, "relative_strength": 28.600944, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.641227, "energy": 63.926133, "activity_lines": [ 267.430743, 254.072111, 229.715774, 214.176747 ] }, { "date": "2025-08-22", "close": 257.769897, "volume": 136722, "typical_volume": 795284.2, "trend": 198.974587, "fair_value": 167.909617, "relative_strength": 27.386653, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.625643, "energy": 54.514805, "activity_lines": [ 264.163104, 257.252604, 234.118754, 218.154959 ] }, { "date": "2025-08-29", "close": 238.251678, "volume": 76445, "typical_volume": 792242.35, "trend": 201.080762, "fair_value": 168.548728, "relative_strength": 19.3831, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.604699, "energy": 35.827776, "activity_lines": [ 253.574141, 255.901358, 236.26481, 220.688965 ] }, { "date": "2025-09-05", "close": 239.028412, "volume": 206030, "typical_volume": 797626.5, "trend": 203.325357, "fair_value": 169.222507, "relative_strength": 17.929725, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.392497, "energy": 25.502244, "activity_lines": [ 246.64318, 253.990454, 238.157687, 223.137201 ] }, { "date": "2025-09-12", "close": 243.818344, "volume": 96743, "typical_volume": 778076.9, "trend": 206.179065, "fair_value": 169.894775, "relative_strength": 18.202244, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.108471, "energy": 21.433206, "activity_lines": [ 244.111785, 252.405458, 240.215967, 225.749651 ] }, { "date": "2025-09-19", "close": 242.850006, "volume": 129669, "typical_volume": 776582.2, "trend": 208.972613, "fair_value": 170.599684, "relative_strength": 16.584394, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.472941, "energy": 21.395454, "activity_lines": [ 242.72546, 250.198813, 241.876495, 228.115519 ] }, { "date": "2025-09-26", "close": 232.449997, "volume": 119049, "typical_volume": 771254.9, "trend": 211.66845, "fair_value": 171.283723, "relative_strength": 14.314949, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.73596, "energy": 18.169691, "activity_lines": [ 238.760903, 245.924587, 242.272135, 229.630188 ] }, { "date": "2025-10-03", "close": 254.330002, "volume": 149538, "typical_volume": 764919.45, "trend": 214.701265, "fair_value": 172.088753, "relative_strength": 23.217707, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.695534, "energy": 19.186335, "activity_lines": [ 243.777674, 245.866564, 244.537606, 232.382547 ] }, { "date": "2025-10-10", "close": 235.550003, "volume": 245650, "typical_volume": 769086.95, "trend": 217.247497, "fair_value": 172.805929, "relative_strength": 12.042615, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.219376, "energy": 10.779854, "activity_lines": [ 241.462558, 243.028688, 244.692068, 233.727626 ] }, { "date": "2025-10-17", "close": 232.020004, "volume": 59338, "typical_volume": 762876.3, "trend": 219.212337, "fair_value": 173.499845, "relative_strength": 8.339917, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.058535, "energy": 9.490737, "activity_lines": [ 238.202669, 240.37667, 244.273204, 234.680691 ] }, { "date": "2025-10-24", "close": 242.289993, "volume": 53976, "typical_volume": 727049.5, "trend": 221.637683, "fair_value": 174.271913, "relative_strength": 12.322813, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.001432, "energy": 10.202712, "activity_lines": [ 239.152666, 240.206761, 244.613911, 236.169572 ] }, { "date": "2025-10-31", "close": 270.549988, "volume": 354827, "typical_volume": 718019.75, "trend": 224.850011, "fair_value": 175.185969, "relative_strength": 25.185181, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.387779, "energy": 26.237515, "activity_lines": [ 249.559995, 245.427517, 247.422814, 239.325205 ] }, { "date": "2025-11-07", "close": 254.0, "volume": 310161, "typical_volume": 710924.05, "trend": 227.665026, "fair_value": 175.881182, "relative_strength": 18.095879, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 38.939991, "energy": 28.029453, "activity_lines": [ 251.910663, 247.406818, 248.337225, 241.20585 ] }, { "date": "2025-11-14", "close": 261.899994, "volume": 486425, "typical_volume": 692574.6, "trend": 230.462882, "fair_value": 176.669358, "relative_strength": 19.060275, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 54.058352, "energy": 44.145115, "activity_lines": [ 256.916662, 250.536149, 249.745459, 243.414557 ] }, { "date": "2025-11-21", "close": 242.899994, "volume": 144932, "typical_volume": 658498.7, "trend": 232.570976, "fair_value": 177.289626, "relative_strength": 9.367634, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 44.673027, "energy": 31.796406, "activity_lines": [ 253.832661, 249.795087, 249.092523, 244.216951 ] }, { "date": "2025-11-28", "close": 241.050003, "volume": 115293, "typical_volume": 605250.9, "trend": 234.431847, "fair_value": 177.878137, "relative_strength": 7.741467, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.9722, "energy": 17.481752, "activity_lines": [ 249.406664, 248.734361, 248.151068, 244.763985 ] }, { "date": "2025-12-05", "close": 251.690002, "volume": 148950, "typical_volume": 561093.35, "trend": 236.571037, "fair_value": 178.590442, "relative_strength": 12.224927, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.699545, "energy": 14.189421, "activity_lines": [ 248.609999, 249.640907, 248.185248, 245.877415 ] }, { "date": "2025-12-12", "close": 274.670013, "volume": 514058, "typical_volume": 233883.35, "trend": 239.506103, "fair_value": 179.471216, "relative_strength": 22.407666, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.367745, "energy": 26.313785, "activity_lines": [ 256.730671, 254.375819, 250.378719, 248.335413 ] }, { "date": "2025-12-19", "close": 270.970001, "volume": 517823, "typical_volume": 224719.25, "trend": 242.346715, "fair_value": 180.419865, "relative_strength": 20.506926, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.377332, "energy": 32.957825, "activity_lines": [ 262.240004, 258.068183, 252.28918, 250.365342 ] }, { "date": "2025-12-26", "close": 264.589996, "volume": 307758, "typical_volume": 215554.25, "trend": 244.962045, "fair_value": 181.254342, "relative_strength": 16.690755, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 48.612909, "energy": 43.633087, "activity_lines": [ 265.018002, 259.956546, 253.640127, 251.800393 ] }, { "date": "2026-01-02", "close": 268.200012, "volume": 788940, "typical_volume": 248116.35, "trend": 247.38834, "fair_value": 182.132174, "relative_strength": 16.342936, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.570282, "energy": 47.921933, "activity_lines": [ 267.553338, 261.909094, 255.340819, 253.299616 ] }, { "date": "2026-01-09", "close": 255.699997, "volume": 241800, "typical_volume": 253370.25, "trend": 249.121459, "fair_value": 182.937141, "relative_strength": 12.989938, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.919023, "energy": 31.12635, "activity_lines": [ 264.112002, 261.11782, 255.793779, 253.835852 ] }, { "date": "2026-01-16", "close": 245.199997, "volume": 307968, "typical_volume": 264946.4, "trend": 250.638019, "fair_value": 183.706701, "relative_strength": 7.88021, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.720741, "energy": 10.737069, "activity_lines": [ 256.903333, 258.687456, 255.256596, 253.582855 ] }, { "date": "2026-01-23", "close": 243.800003, "volume": 446216, "typical_volume": 276955.7, "trend": 251.796219, "fair_value": 184.471709, "relative_strength": 9.483043, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 0.270353, "energy": 6.010565, "activity_lines": [ 251.192668, 256.162547, 254.552993, 253.141692 ] }, { "date": "2026-01-30", "close": 246.649994, "volume": 685714, "typical_volume": 306404.25, "trend": 252.707517, "fair_value": 185.274568, "relative_strength": 9.031971, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -0.530939, "energy": 10.435683, "activity_lines": [ 248.243332, 254.48491, 254.098095, 252.809678 ] }, { "date": "2026-02-06", "close": 244.050003, "volume": 207341, "typical_volume": 310287.85, "trend": 253.071414, "fair_value": 185.986853, "relative_strength": 5.812692, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.950628, "energy": 19.897634, "activity_lines": [ 245.623333, 252.266364, 253.382096, 252.251129 ] }, { "date": "2026-02-13", "close": 243.179993, "volume": 192693, "typical_volume": 313970.05, "trend": 252.992709, "fair_value": 186.776943, "relative_strength": 5.757085, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -43.289551, "energy": 35.283316, "activity_lines": [ 244.323331, 249.83509, 252.577523, 251.612972 ] }, { "date": "2026-02-20", "close": 245.050003, "volume": 243556, "typical_volume": 318670.95, "trend": 251.519774, "fair_value": 187.614395, "relative_strength": 5.566872, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.649332, "energy": 26.031974, "activity_lines": [ 244.481332, 247.898545, 251.899952, 251.10054 ] }, { "date": "2026-02-27", "close": 244.350006, "volume": 146946, "typical_volume": 313735.75, "trend": 250.2957, "fair_value": 188.43978, "relative_strength": 6.26425, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.586171, "energy": 18.522695, "activity_lines": [ 244.416001, 246.373273, 251.199905, 250.637974 ] }, { "date": "2026-03-06", "close": 245.899994, "volume": 177884, "typical_volume": 319663.05, "trend": 249.631163, "fair_value": 189.293103, "relative_strength": 9.474497, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.382577, "energy": 11.733852, "activity_lines": [ 244.830666, 245.613818, 250.605571, 250.35438 ] }, { "date": "2026-03-13", "close": 244.089996, "volume": 148672, "typical_volume": 324397.85, "trend": 249.228277, "fair_value": 190.16009, "relative_strength": 13.94787, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.334575, "energy": 14.599504, "activity_lines": [ 244.691998, 244.86509, 249.772762, 249.996885 ] }, { "date": "2026-03-20", "close": 244.160004, "volume": 283529, "typical_volume": 320832.95, "trend": 248.774614, "fair_value": 191.049004, "relative_strength": 13.418257, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.924069, "energy": 11.053683, "activity_lines": [ 244.574, 244.567454, 248.938048, 249.6699 ] }, { "date": "2026-03-27", "close": 243.979996, "volume": 159604, "typical_volume": 313305.1, "trend": 248.965558, "fair_value": 191.96898, "relative_strength": 13.979408, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.661928, "energy": 14.053863, "activity_lines": [ 244.330665, 244.446908, 248.211857, 249.36057 ] }, { "date": "2026-04-03", "close": 246.190002, "volume": 185551, "typical_volume": 298261.4, "trend": 249.204278, "fair_value": 192.856062, "relative_strength": 14.789956, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.918998, "energy": 22.457681, "activity_lines": [ 244.895333, 244.750363, 247.743857, 249.181502 ] }, { "date": "2026-04-10", "close": 254.839996, "volume": 684620, "typical_volume": 325245.8, "trend": 249.571666, "fair_value": 193.780589, "relative_strength": 11.495596, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.517105, "energy": 11.420712, "activity_lines": [ 248.220665, 246.58309, 248.174476, 249.545096 ] }, { "date": "2026-04-17", "close": 254.25, "volume": 375683, "typical_volume": 338265.3, "trend": 249.951666, "fair_value": 194.688702, "relative_strength": 9.195534, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.049965, "energy": 9.075436, "activity_lines": [ 250.753332, 248.159635, 248.492047, 249.846924 ] }, { "date": "2026-04-24", "close": 244.729996, "volume": 207329, "typical_volume": 341184.25, "trend": 250.361, "fair_value": 195.516838, "relative_strength": 6.517809, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.520924, "energy": 18.492719, "activity_lines": [ 249.435331, 247.819817, 247.840094, 249.510042 ] }, { "date": "2026-05-01", "close": 277.609985, "volume": 957864, "typical_volume": 363374.55, "trend": 251.136999, "fair_value": 196.544689, "relative_strength": 19.381445, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 47.795585, "energy": 47.00227, "activity_lines": [ 259.039327, 253.429996, 250.352712, 251.268041 ] }, { "date": "2026-05-08", "close": 271.200012, "volume": 299733, "typical_volume": 352470.05, "trend": 252.325333, "fair_value": 197.513131, "relative_strength": 14.98588, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.220411, "energy": 55.210283, "activity_lines": [ 264.264666, 257.282726, 252.240856, 252.562429 ] }, { "date": "2026-05-15", "close": 274.450012, "volume": 588844, "typical_volume": 366524.35, "trend": 253.739666, "fair_value": 198.494511, "relative_strength": 18.020085, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.562984, "energy": 66.716031, "activity_lines": [ 268.906004, 261.238183, 254.437429, 253.989828 ] }, { "date": "2026-05-22", "close": 322.649994, "volume": 3294484, "typical_volume": 491801.55, "trend": 256.418333, "fair_value": 199.775705, "relative_strength": 36.6661, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.988559, "energy": 85.569121, "activity_lines": [ 288.306668, 273.438182, 261.177523, 258.435656 ] }, { "date": "2026-05-29", "close": 344.200012, "volume": 699062, "typical_volume": 514664.65, "trend": 258.873334, "fair_value": 201.177986, "relative_strength": 44.869829, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.140259, "energy": 93.35398, "activity_lines": [ 310.330672, 288.128002, 269.710715, 264.09899 ] }, { "date": "2026-06-05", "close": 367.399994, "volume": 113924, "typical_volume": 504962.45, "trend": 262.653333, "fair_value": 202.753936, "relative_strength": 53.518774, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.458252, "energy": 97.390166, "activity_lines": [ 333.456669, 305.217092, 280.032, 271.10071 ] }, { "date": "2026-06-12", "close": 373.450012, "volume": 120839, "typical_volume": 488693.6, "trend": 266.371667, "fair_value": 204.309289, "relative_strength": 52.191783, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.08395, "energy": 95.552558, "activity_lines": [ 352.613338, 321.162185, 290.347573, 278.248883 ] }, { "date": "2026-06-19", "close": 333.824554, "volume": 26870, "typical_volume": 455751.4, "trend": 269.402486, "fair_value": 205.647587, "relative_strength": 32.374598, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.034435, "energy": 87.647705, "activity_lines": [ 351.744855, 327.588831, 296.271911, 282.600682 ] }, { "date": "2026-06-26", "close": 348.86087, "volume": 0, "typical_volume": 445384.35, "trend": 272.996182, "fair_value": 207.052898, "relative_strength": 36.503646, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.124402, "energy": 76.205766, "activity_lines": [ 351.930173, 335.31327, 303.213163, 287.727029 ] }, { "date": "2026-07-03", "close": 359.63385, "volume": 103736, "typical_volume": 440936.5, "trend": 276.59431, "fair_value": 208.542112, "relative_strength": 37.924388, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.792211, "energy": 64.239916, "activity_lines": [ 353.959094, 343.276234, 310.681313, 293.316556 ] }, { "date": "2026-07-10", "close": 416.065857, "volume": 2207114, "typical_volume": 539114.4, "trend": 281.307505, "fair_value": 210.424337, "relative_strength": 57.752411, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.210459, "energy": 70.509095, "activity_lines": [ 373.769761, 359.410403, 322.969398, 302.31472 ] }, { "date": "2026-07-17", "close": 426.976379, "volume": 2561468, "typical_volume": 659840.5, "trend": 286.507717, "fair_value": 212.300384, "relative_strength": 58.878913, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.4079, "energy": 71.317011, "activity_lines": [ 393.972878, 375.010923, 335.482219, 311.712712 ] }, { "date": "2026-07-24", "close": 416.100006, "volume": 12870619, "typical_volume": 1294477.25, "trend": 291.558051, "fair_value": 213.857196, "relative_strength": 56.922794, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.625556, "energy": 65.213734, "activity_lines": [ 406.982112, 385.801624, 346.089546, 320.073505 ] }, { "date": "2026-07-31", "close": 374.899994, "volume": 926493, "typical_volume": 1333368.3, "trend": 295.114717, "fair_value": 215.168857, "relative_strength": 36.884406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.525247, "energy": 59.707146, "activity_lines": [ 400.77298, 386.525959, 351.962586, 325.450405 ] }, { "date": "2026-08-07", "close": 400.399994, "volume": 1365784, "typical_volume": 1387481.05, "trend": 299.93805, "fair_value": 216.574747, "relative_strength": 43.756794, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.49085, "energy": 53.631473, "activity_lines": [ 401.327905, 390.936657, 359.641292, 332.243003 ] } ], "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." } } }