{ "ticker": { "uuid": "42e046bd-098e-49e1-97b2-f091803c2814", "symbol": "AAREYDRUGS", "name": "Aarey Drugs & Pharmaceuticals Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 49.839, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 7.621, "architecture_energy": 15.704, "architecture_maturity": 25.472, "architecture_confidence": 79.315, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 64.34, "rotation_up": 16.7, "upward_expansion": 40.57, "deceleration": 85.79, "rotation_down": 40.8, "downward_expansion": 34.57 }, "activity_lines": [ 78.928001, 80.643819, 81.50481, 79.36729 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 81.470001, "trend_reference": 76.271333, "distance_from_trend": 0.06816, "trend_direction": "Improving", "fair_value": 60.78359, "distance_from_fair_value": 0.340329, "fair_value_direction": "Weakening", "relative_strength": 6.570202, "relative_strength_direction": "Weakening", "price_momentum": 0.212712, "excess_performance": 0.256421, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.06816, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.008738, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.340329, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.281001, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.065702, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.257104, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.212712, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.928184, "read": "Supply-led" } ], "volume": { "latest": 431444, "relative_activity": 1.188969, "balance": 0.928184, "dry_up": 0.491516, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.083372, "annualized_volatility": 0.68012, "from_high_reference": -0.1853, "from_low_reference": 0.61936 }, "levels": { "trend_reference": 76.271333, "fair_value_reference": 60.78359, "structural_low": 50.310001, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": 0.033195, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.03871, "regime_survival": 0.444444, "best_return": 0.399637, "worst_return": -0.250384, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.086392, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.130716, "regime_survival": 0.2, "best_return": 0.679803, "worst_return": 0.026345, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.287617, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.2497, "regime_survival": 0.333333, "best_return": 0.37931, "worst_return": 0.005269, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.352856, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.188769, "regime_survival": 0.5, "best_return": 0.486043, "worst_return": 0.219668, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-08-15", "tenure": "Developing", "return": -0.091411, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-12", "tenure": "New", "return": 0.164684, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2025-12-05", "tenure": "Developing", "return": -0.025515, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-12", "end": "2025-12-19", "tenure": "New", "return": 0.019949, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-26", "end": "2026-01-02", "tenure": "New", "return": -0.062597, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-01-09", "end": "2026-01-23", "tenure": "New", "return": -0.008649, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-30", "end": "2026-02-27", "tenure": "Developing", "return": 0.135059, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.219819, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.509589, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-01", "tenure": "New", "return": 0.031133, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-06-05", "tenure": "Developing", "return": -0.155015, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": 0.188182, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": -0.117474, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.051226, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 47.099998, "volume": 628942, "typical_volume": 560772.45, "trend": 31.698333, "fair_value": 37.365888, "relative_strength": 27.572127, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.814188, "energy": 91.82348, "activity_lines": [ 43.906666, 39.68, 35.726429, 33.520645 ] }, { "date": "2023-08-25", "close": 45.950001, "volume": 222828, "typical_volume": 562932.15, "trend": 32.068333, "fair_value": 37.44537, "relative_strength": 24.463699, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.767867, "energy": 88.319859, "activity_lines": [ 45.566667, 41.271818, 36.971429, 34.440108 ] }, { "date": "2023-09-01", "close": 48.0, "volume": 250233, "typical_volume": 561126.45, "trend": 32.573333, "fair_value": 37.542202, "relative_strength": 28.586978, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.44231, "energy": 88.541903, "activity_lines": [ 47.066667, 43.011818, 38.326191, 35.467957 ] }, { "date": "2023-09-08", "close": 51.150002, "volume": 584898, "typical_volume": 574249.6, "trend": 33.168334, "fair_value": 37.665909, "relative_strength": 33.999607, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.553614, "energy": 78.723254, "activity_lines": [ 48.616667, 45.055455, 39.877381, 36.666452 ] }, { "date": "2023-09-15", "close": 48.299999, "volume": 313049, "typical_volume": 580823.1, "trend": 33.716667, "fair_value": 37.761711, "relative_strength": 24.215039, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.04366, "energy": 61.89236, "activity_lines": [ 48.606667, 46.276364, 41.048572, 37.642688 ] }, { "date": "2023-09-22", "close": 47.799999, "volume": 116609, "typical_volume": 581197.85, "trend": 34.331667, "fair_value": 37.851339, "relative_strength": 25.988615, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.81382, "energy": 57.865617, "activity_lines": [ 48.506667, 47.130909, 42.072381, 38.55129 ] }, { "date": "2023-09-29", "close": 48.5, "volume": 84771, "typical_volume": 574412.5, "trend": 34.978333, "fair_value": 37.945575, "relative_strength": 27.816566, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.257066, "energy": 53.434039, "activity_lines": [ 48.593333, 47.839091, 43.069286, 39.465376 ] }, { "date": "2023-10-06", "close": 44.849998, "volume": 141970, "typical_volume": 571861.05, "trend": 35.526667, "fair_value": 38.00614, "relative_strength": 18.037258, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.719461, "energy": 38.620612, "activity_lines": [ 47.293332, 47.607272, 43.627619, 40.102258 ] }, { "date": "2023-10-13", "close": 45.150002, "volume": 192304, "typical_volume": 577317.2, "trend": 36.156667, "fair_value": 38.068261, "relative_strength": 18.26144, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.712647, "energy": 30.56918, "activity_lines": [ 46.303333, 47.214545, 44.134286, 40.723118 ] }, { "date": "2023-10-20", "close": 43.349998, "volume": 100786, "typical_volume": 568816.15, "trend": 36.82, "fair_value": 38.113793, "relative_strength": 14.651222, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.629385, "energy": 21.496817, "activity_lines": [ 45.113333, 46.437272, 44.391667, 41.187204 ] }, { "date": "2023-10-27", "close": 41.650002, "volume": 73388, "typical_volume": 560076.55, "trend": 37.408333, "fair_value": 38.144017, "relative_strength": 12.947937, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.358718, "energy": 21.021131, "activity_lines": [ 43.686667, 45.461818, 44.427619, 41.498817 ] }, { "date": "2023-11-03", "close": 43.049999, "volume": 56077, "typical_volume": 539709.35, "trend": 37.91, "fair_value": 38.185593, "relative_strength": 15.450554, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.795919, "energy": 19.964602, "activity_lines": [ 43.136667, 44.84, 44.543571, 41.862796 ] }, { "date": "2023-11-10", "close": 50.25, "volume": 316163, "typical_volume": 539704.5, "trend": 38.71, "fair_value": 38.286975, "relative_strength": 32.796983, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.414959, "energy": 24.09622, "activity_lines": [ 45.35, 45.58, 45.300238, 42.658925 ] }, { "date": "2023-11-17", "close": 46.900002, "volume": 22627, "typical_volume": 523235.55, "trend": 39.328333, "fair_value": 38.35875, "relative_strength": 21.575402, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.494238, "energy": 28.325059, "activity_lines": [ 46.086667, 45.67, 45.656667, 43.187312 ] }, { "date": "2023-11-24", "close": 48.849998, "volume": 214107, "typical_volume": 516866.25, "trend": 40.045, "fair_value": 38.445454, "relative_strength": 25.697812, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 59.603582, "energy": 42.967669, "activity_lines": [ 47.356667, 46.191818, 46.139286, 43.801613 ] }, { "date": "2023-12-01", "close": 45.700001, "volume": 21266, "typical_volume": 499768.85, "trend": 40.63, "fair_value": 38.504918, "relative_strength": 14.720393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.809262, "energy": 38.451352, "activity_lines": [ 47.21, 46.130909, 46.247143, 44.166452 ] }, { "date": "2023-12-08", "close": 42.0, "volume": 86634, "typical_volume": 488138.9, "trend": 41.05, "fair_value": 38.533333, "relative_strength": 1.967407, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.504497, "energy": 14.761022, "activity_lines": [ 45.56, 45.435455, 45.940952, 44.254839 ] }, { "date": "2023-12-15", "close": 46.0, "volume": 93826, "typical_volume": 472380.8, "trend": 41.65, "fair_value": 38.593548, "relative_strength": 9.042245, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.596632, "energy": 12.618727, "activity_lines": [ 45.313333, 45.585455, 45.974286, 44.574194 ] }, { "date": "2023-12-22", "close": 45.549999, "volume": 143479, "typical_volume": 343162.1, "trend": 42.208333, "fair_value": 38.6492, "relative_strength": 8.71551, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.287681, "energy": 12.244576, "activity_lines": [ 45.2, 45.632727, 45.902857, 44.825806 ] }, { "date": "2023-12-29", "close": 50.549999, "volume": 295557, "typical_volume": 197975.7, "trend": 42.865, "fair_value": 38.743651, "relative_strength": 18.306474, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.735567, "energy": 26.395923, "activity_lines": [ 46.843333, 46.581818, 46.290714, 45.363978 ] }, { "date": "2024-01-05", "close": 64.0, "volume": 4125933, "typical_volume": 372825.25, "trend": 43.983333, "fair_value": 38.942519, "relative_strength": 48.757978, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.718131, "energy": 76.611431, "activity_lines": [ 52.856666, 49.845454, 47.954286, 46.727527 ] }, { "date": "2024-01-12", "close": 57.150002, "volume": 541740, "typical_volume": 388770.85, "trend": 44.768333, "fair_value": 39.084765, "relative_strength": 31.075283, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.445315, "energy": 75.51811, "activity_lines": [ 55.366667, 51.457273, 48.885, 47.576989 ] }, { "date": "2024-01-19", "close": 55.150002, "volume": 151150, "typical_volume": 383816.7, "trend": 45.5, "fair_value": 39.209302, "relative_strength": 27.453434, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.227847, "energy": 75.089267, "activity_lines": [ 56.200001, 52.449091, 49.571905, 48.246774 ] }, { "date": "2024-01-26", "close": 51.299999, "volume": 189119, "typical_volume": 364027.75, "trend": 46.063333, "fair_value": 39.302307, "relative_strength": 19.56806, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.221871, "energy": 69.077655, "activity_lines": [ 55.140001, 52.651818, 49.858095, 48.620968 ] }, { "date": "2024-02-02", "close": 51.900002, "volume": 220658, "typical_volume": 359408.2, "trend": 46.688333, "fair_value": 39.398473, "relative_strength": 17.590193, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.212786, "energy": 36.2081, "activity_lines": [ 53.896668, 52.883637, 50.200715, 48.997527 ] }, { "date": "2024-02-09", "close": 49.200001, "volume": 250665, "typical_volume": 366111.0, "trend": 47.236667, "fair_value": 39.472727, "relative_strength": 11.419841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.77088, "energy": 18.556927, "activity_lines": [ 51.663334, 52.569092, 50.269048, 49.15957 ] }, { "date": "2024-02-16", "close": 50.150002, "volume": 159333, "typical_volume": 369839.1, "trend": 47.798334, "fair_value": 39.553007, "relative_strength": 11.710516, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.996591, "energy": 19.804906, "activity_lines": [ 50.733335, 52.363637, 50.421191, 49.347527 ] }, { "date": "2024-02-23", "close": 48.349998, "volume": 171718, "typical_volume": 371326.5, "trend": 48.31, "fair_value": 39.618657, "relative_strength": 6.36861, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.906805, "energy": 16.881941, "activity_lines": [ 49.67, 51.682728, 50.394048, 49.383119 ] }, { "date": "2024-03-01", "close": 45.25, "volume": 144204, "typical_volume": 368921.5, "trend": 48.418333, "fair_value": 39.66037, "relative_strength": -1.357574, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -9.734175, "energy": 16.284865, "activity_lines": [ 48.026667, 50.395455, 50.055, 49.185699 ] }, { "date": "2024-03-08", "close": 44.200001, "volume": 97450, "typical_volume": 368754.7, "trend": 48.243333, "fair_value": 39.69375, "relative_strength": -4.608019, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.216912, "energy": 23.331734, "activity_lines": [ 46.436667, 48.922728, 49.615477, 48.913549 ] }, { "date": "2024-03-15", "close": 37.75, "volume": 200421, "typical_volume": 375106.35, "trend": 47.931667, "fair_value": 39.679562, "relative_strength": -16.92774, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.18249, "energy": 48.661474, "activity_lines": [ 43.21, 46.392728, 48.557619, 48.236559 ] }, { "date": "2024-03-22", "close": 46.75, "volume": 221362, "typical_volume": 383370.6, "trend": 47.958334, "fair_value": 39.730797, "relative_strength": 1.84122, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.995192, "energy": 38.097277, "activity_lines": [ 43.746667, 45.976364, 48.375477, 48.160323 ] }, { "date": "2024-03-29", "close": 43.650002, "volume": 84846, "typical_volume": 371804.75, "trend": 47.813334, "fair_value": 39.758993, "relative_strength": -6.388204, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.904376, "energy": 39.473631, "activity_lines": [ 43.476667, 45.185455, 47.880477, 47.882366 ] }, { "date": "2024-04-05", "close": 48.150002, "volume": 136799, "typical_volume": 377513.35, "trend": 47.713334, "fair_value": 39.818928, "relative_strength": 1.891833, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.360716, "energy": 21.334222, "activity_lines": [ 45.020001, 45.421819, 47.845477, 47.904087 ] }, { "date": "2024-04-12", "close": 48.200001, "volume": 137962, "typical_volume": 373706.1, "trend": 47.71, "fair_value": 39.878369, "relative_strength": 1.351552, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.448246, "energy": 6.633621, "activity_lines": [ 46.386668, 45.724546, 47.809286, 47.935484 ] }, { "date": "2024-04-19", "close": 47.099998, "volume": 111190, "typical_volume": 378202.3, "trend": 47.686667, "fair_value": 39.929225, "relative_strength": 0.230987, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.194324, "energy": 6.743571, "activity_lines": [ 47.12, 45.894546, 47.671429, 47.896129 ] }, { "date": "2024-04-26", "close": 54.400002, "volume": 401342, "typical_volume": 393937.7, "trend": 47.883334, "fair_value": 40.030419, "relative_strength": 13.418413, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.388302, "energy": 24.046893, "activity_lines": [ 49.663334, 47.430001, 48.222143, 48.329248 ] }, { "date": "2024-05-03", "close": 55.049999, "volume": 271092, "typical_volume": 402801.0, "trend": 48.223334, "fair_value": 40.134722, "relative_strength": 13.578067, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 56.535669, "energy": 41.408867, "activity_lines": [ 51.913333, 49.006364, 48.775715, 48.791613 ] }, { "date": "2024-05-10", "close": 49.799999, "volume": 114842, "typical_volume": 401369.15, "trend": 48.378334, "fair_value": 40.201379, "relative_strength": 4.100084, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.444579, "energy": 35.798285, "activity_lines": [ 51.653333, 49.506364, 48.786191, 48.893334 ] }, { "date": "2024-05-17", "close": 50.849998, "volume": 134526, "typical_volume": 393317.6, "trend": 48.628334, "fair_value": 40.274315, "relative_strength": 3.684164, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.614688, "energy": 36.0903, "activity_lines": [ 51.633332, 50.114545, 48.876429, 49.052796 ] }, { "date": "2024-05-24", "close": 49.900002, "volume": 54501, "typical_volume": 189746.0, "trend": 48.903334, "fair_value": 40.339796, "relative_strength": -0.967151, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.499214, "energy": 18.270712, "activity_lines": [ 51.12, 50.429091, 48.874762, 49.134839 ] }, { "date": "2024-05-31", "close": 45.849998, "volume": 169841, "typical_volume": 171151.05, "trend": 48.996667, "fair_value": 40.377027, "relative_strength": -7.582794, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.584098, "energy": 10.755481, "activity_lines": [ 49.069999, 49.786363, 48.554524, 48.93785 ] }, { "date": "2024-06-07", "close": 45.25, "volume": 122408, "typical_volume": 169713.95, "trend": 48.83, "fair_value": 40.409731, "relative_strength": -11.998834, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -22.640195, "energy": 17.045818, "activity_lines": [ 47.39, 49.050909, 48.230952, 48.696129 ] }, { "date": "2024-06-14", "close": 46.93, "volume": 120585, "typical_volume": 166287.25, "trend": 48.831, "fair_value": 40.4532, "relative_strength": -9.583481, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.999079, "energy": 24.526027, "activity_lines": [ 46.923333, 48.591818, 48.114524, 48.573549 ] }, { "date": "2024-06-21", "close": 45.790001, "volume": 80247, "typical_volume": 159266.7, "trend": 48.729, "fair_value": 40.488543, "relative_strength": -12.042894, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.251572, "energy": 30.37587, "activity_lines": [ 46.268, 47.947636, 47.910333, 48.377355 ] }, { "date": "2024-06-28", "close": 46.970001, "volume": 157752, "typical_volume": 154621.05, "trend": 48.771334, "fair_value": 40.531184, "relative_strength": -11.815976, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.839565, "energy": 34.941887, "activity_lines": [ 46.343334, 47.561818, 47.847619, 48.263871 ] }, { "date": "2024-07-05", "close": 49.009998, "volume": 366532, "typical_volume": 164981.0, "trend": 49.005, "fair_value": 40.586601, "relative_strength": -9.406647, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.313904, "energy": 18.82241, "activity_lines": [ 47.294, 47.549272, 47.989809, 48.279269 ] }, { "date": "2024-07-12", "close": 51.830002, "volume": 201935, "typical_volume": 166491.85, "trend": 49.199334, "fair_value": 40.65961, "relative_strength": -5.252727, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.344298, "energy": 8.460742, "activity_lines": [ 48.974, 48.147455, 48.406, 48.461527 ] }, { "date": "2024-07-19", "close": 50.439999, "volume": 242953, "typical_volume": 171429.3, "trend": 49.362334, "fair_value": 40.72271, "relative_strength": -8.194108, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.114692, "energy": 13.003663, "activity_lines": [ 49.752, 48.551455, 48.673238, 48.54157 ] }, { "date": "2024-07-26", "close": 50.130001, "volume": 276083, "typical_volume": 180360.95, "trend": 49.348334, "fair_value": 40.783013, "relative_strength": -10.136448, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.422083, "energy": 19.658073, "activity_lines": [ 50.192667, 48.887455, 48.886238, 48.591097 ] }, { "date": "2024-08-02", "close": 49.57, "volume": 386982, "typical_volume": 189689.0, "trend": 48.867334, "fair_value": 40.822885, "relative_strength": -10.607018, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.485263, "energy": 24.838501, "activity_lines": [ 50.157334, 49.134727, 49.017667, 48.605398 ] }, { "date": "2024-08-09", "close": 53.34, "volume": 596171, "typical_volume": 208429.45, "trend": 48.740334, "fair_value": 40.896538, "relative_strength": -2.126985, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 61.84849, "energy": 47.439579, "activity_lines": [ 51.205334, 50.073455, 49.451857, 48.893957 ] }, { "date": "2024-08-16", "close": 63.52, "volume": 1621525, "typical_volume": 285263.4, "trend": 49.019334, "fair_value": 41.065577, "relative_strength": 15.579233, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.639541, "energy": 75.304303, "activity_lines": [ 55.358, 52.726909, 50.824191, 49.847484 ] }, { "date": "2024-08-23", "close": 60.060001, "volume": 851342, "typical_volume": 320990.55, "trend": 49.311334, "fair_value": 41.207308, "relative_strength": 8.010051, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.939205, "energy": 75.805546, "activity_lines": [ 57.578, 54.419091, 51.772381, 50.559785 ] }, { "date": "2024-08-30", "close": 69.379997, "volume": 2826866, "typical_volume": 455435.75, "trend": 49.894, "fair_value": 41.412949, "relative_strength": 22.436326, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.727218, "energy": 88.887233, "activity_lines": [ 62.263333, 57.567091, 53.551476, 51.854538 ] }, { "date": "2024-09-06", "close": 70.690002, "volume": 1103252, "typical_volume": 505038.85, "trend": 50.610333, "fair_value": 41.626987, "relative_strength": 26.388969, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.116181, "energy": 92.251896, "activity_lines": [ 66.102, 60.524364, 55.354476, 53.196215 ] }, { "date": "2024-09-13", "close": 68.709999, "volume": 271583, "typical_volume": 498550.9, "trend": 51.229, "fair_value": 41.829936, "relative_strength": 20.079301, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.16735, "energy": 88.293859, "activity_lines": [ 67.872666, 62.690364, 56.856571, 54.363935 ] }, { "date": "2024-09-20", "close": 67.300003, "volume": 288473, "typical_volume": 499419.95, "trend": 51.860667, "fair_value": 42.028013, "relative_strength": 15.45695, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.162108, "energy": 83.428421, "activity_lines": [ 68.148667, 64.241819, 58.156238, 55.400774 ] }, { "date": "2024-09-27", "close": 70.839996, "volume": 281856, "typical_volume": 507770.65, "trend": 52.713667, "fair_value": 42.249423, "relative_strength": 19.488528, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.039315, "energy": 73.534716, "activity_lines": [ 69.352666, 66.155636, 59.734714, 56.625247 ] }, { "date": "2024-10-04", "close": 66.260002, "volume": 172976, "typical_volume": 509693.15, "trend": 53.449, "fair_value": 42.437949, "relative_strength": 16.602294, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.499154, "energy": 53.23193, "activity_lines": [ 68.311334, 66.865818, 60.77681, 57.499204 ] }, { "date": "2024-10-11", "close": 62.169998, "volume": 130957, "typical_volume": 513515.95, "trend": 54.263, "fair_value": 42.598013, "relative_strength": 9.436121, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.15155, "energy": 38.776059, "activity_lines": [ 66.114666, 66.539091, 61.356, 58.061849 ] }, { "date": "2024-10-18", "close": 64.139999, "volume": 208039, "typical_volume": 515425.85, "trend": 54.842667, "fair_value": 42.787372, "relative_strength": 13.058173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.576782, "energy": 31.732445, "activity_lines": [ 65.142666, 66.341454, 62.064381, 58.699075 ] }, { "date": "2024-10-25", "close": 58.290001, "volume": 116732, "typical_volume": 515142.05, "trend": 55.330667, "fair_value": 42.950128, "relative_strength": 5.408356, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.359993, "energy": 21.321549, "activity_lines": [ 62.525333, 64.883818, 62.128524, 58.921484 ] }, { "date": "2024-11-01", "close": 63.549999, "volume": 97034, "typical_volume": 513964.5, "trend": 55.844, "fair_value": 43.143077, "relative_strength": 13.975552, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.051233, "energy": 20.792229, "activity_lines": [ 62.262, 64.477636, 62.631524, 59.451763 ] }, { "date": "2024-11-08", "close": 64.0, "volume": 70034, "typical_volume": 513453.85, "trend": 56.370666, "fair_value": 43.318397, "relative_strength": 15.463406, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.784279, "energy": 17.07933, "activity_lines": [ 62.634666, 64.089818, 63.098238, 59.977957 ] }, { "date": "2024-11-15", "close": 55.560001, "volume": 112127, "typical_volume": 511172.6, "trend": 56.652667, "fair_value": 43.450513, "relative_strength": 2.872078, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.099234, "energy": 10.516008, "activity_lines": [ 60.344667, 62.265273, 62.674428, 59.925656 ] }, { "date": "2024-11-22", "close": 56.290001, "volume": 50278, "typical_volume": 495359.9, "trend": 56.715667, "fair_value": 43.574487, "relative_strength": 2.688357, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.215021, "energy": 11.016283, "activity_lines": [ 58.738667, 60.848546, 62.279238, 59.902258 ] }, { "date": "2024-11-29", "close": 59.740002, "volume": 192343, "typical_volume": 494880.3, "trend": 56.872, "fair_value": 43.716731, "relative_strength": 7.771518, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.177625, "energy": 14.329106, "activity_lines": [ 58.806001, 60.28491, 62.177953, 60.097376 ] }, { "date": "2024-12-06", "close": 62.0, "volume": 134069, "typical_volume": 489436.1, "trend": 57.278667, "fair_value": 43.865128, "relative_strength": 8.906241, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.917781, "energy": 14.012399, "activity_lines": [ 59.530001, 60.269637, 62.254238, 60.428215 ] }, { "date": "2024-12-13", "close": 59.799999, "volume": 23031, "typical_volume": 476783.5, "trend": 57.577, "fair_value": 44.004551, "relative_strength": 4.422535, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.825084, "energy": 9.892212, "activity_lines": [ 59.624, 60.015091, 62.065952, 60.590882 ] }, { "date": "2024-12-20", "close": 58.959999, "volume": 53553, "typical_volume": 460112.05, "trend": 57.879, "fair_value": 44.128654, "relative_strength": 7.781564, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.199487, "energy": 5.401094, "activity_lines": [ 59.718, 59.725273, 61.751619, 60.680108 ] }, { "date": "2024-12-27", "close": 55.5, "volume": 19075, "typical_volume": 431257.25, "trend": 58.200667, "fair_value": 44.209102, "relative_strength": 0.49034, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.797415, "energy": 7.896475, "activity_lines": [ 58.432, 58.864727, 61.063048, 60.526624 ] }, { "date": "2025-01-03", "close": 59.610001, "volume": 23771, "typical_volume": 351369.55, "trend": 58.679333, "fair_value": 44.241218, "relative_strength": 7.485758, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.195706, "energy": 11.098971, "activity_lines": [ 58.568667, 58.908546, 60.755619, 60.617548 ] }, { "date": "2025-01-10", "close": 56.0, "volume": 22067, "typical_volume": 309905.8, "trend": 58.981667, "fair_value": 44.252756, "relative_strength": 3.636804, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.046015, "energy": 26.851978, "activity_lines": [ 57.510667, 58.272, 60.123, 60.444688 ] }, { "date": "2025-01-17", "close": 50.82, "volume": 50603, "typical_volume": 171092.65, "trend": 59.149333, "fair_value": 44.207692, "relative_strength": -4.737932, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -45.332542, "energy": 51.590493, "activity_lines": [ 55.126, 56.830909, 59.016381, 59.918129 ] }, { "date": "2025-01-24", "close": 48.549999, "volume": 50495, "typical_volume": 118454.8, "trend": 59.202, "fair_value": 44.191346, "relative_strength": -8.325497, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.222416, "energy": 62.857905, "activity_lines": [ 52.583333, 55.216727, 57.781952, 59.234301 ] }, { "date": "2025-01-31", "close": 48.950001, "volume": 101806, "typical_volume": 109965.95, "trend": 59.2, "fair_value": 44.164423, "relative_strength": -8.98326, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.792747, "energy": 76.064299, "activity_lines": [ 50.868, 53.802727, 56.691048, 58.572882 ] }, { "date": "2025-02-07", "close": 49.720001, "volume": 69989, "typical_volume": 99041.75, "trend": 59.129667, "fair_value": 44.167436, "relative_strength": -7.638648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.910261, "energy": 75.035764, "activity_lines": [ 49.846, 52.662182, 55.767572, 57.961269 ] }, { "date": "2025-02-14", "close": 44.5, "volume": 43641, "typical_volume": 87131.0, "trend": 58.931667, "fair_value": 44.170641, "relative_strength": -14.821818, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.607651, "energy": 81.910218, "activity_lines": [ 47.743334, 50.754727, 54.430667, 57.017419 ] }, { "date": "2025-02-21", "close": 41.73, "volume": 126530, "typical_volume": 84808.7, "trend": 58.651667, "fair_value": 44.179487, "relative_strength": -19.42129, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.990107, "energy": 83.95711, "activity_lines": [ 45.484, 48.661818, 52.955381, 55.907635 ] }, { "date": "2025-02-28", "close": 37.23, "volume": 139495, "typical_volume": 85235.6, "trend": 58.240333, "fair_value": 44.138974, "relative_strength": -25.71404, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.938905, "energy": 90.573895, "activity_lines": [ 42.330667, 46.079273, 51.168333, 54.525591 ] }, { "date": "2025-03-07", "close": 40.599998, "volume": 92022, "typical_volume": 79434.75, "trend": 57.815667, "fair_value": 44.118141, "relative_strength": -20.415167, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.513764, "energy": 86.091174, "activity_lines": [ 41.055333, 44.504545, 49.821, 53.387505 ] }, { "date": "2025-03-14", "close": 36.509998, "volume": 122440, "typical_volume": 79720.15, "trend": 56.915333, "fair_value": 44.08359, "relative_strength": -27.884728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.63189, "energy": 87.781617, "activity_lines": [ 38.973332, 42.45709, 48.196238, 52.012946 ] }, { "date": "2025-03-21", "close": 38.220001, "volume": 212274, "typical_volume": 85482.15, "trend": 56.187333, "fair_value": 44.055833, "relative_strength": -27.292613, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.43013, "energy": 73.957352, "activity_lines": [ 38.341999, 41.140545, 46.838047, 50.806796 ] }, { "date": "2025-03-28", "close": 33.509998, "volume": 381380, "typical_volume": 101049.45, "trend": 54.991667, "fair_value": 43.99532, "relative_strength": -36.422574, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.792846, "energy": 66.56113, "activity_lines": [ 36.559332, 39.290908, 45.151904, 49.343742 ] }, { "date": "2025-04-04", "close": 47.669998, "volume": 565996, "typical_volume": 123742.9, "trend": 54.224333, "fair_value": 44.002179, "relative_strength": -7.083411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.346426, "energy": 46.834875, "activity_lines": [ 40.044665, 40.330544, 44.959523, 48.871376 ] }, { "date": "2025-04-11", "close": 50.32, "volume": 182513, "typical_volume": 130354.65, "trend": 53.611333, "fair_value": 44.027308, "relative_strength": -1.645973, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.274116, "energy": 23.346347, "activity_lines": [ 43.717332, 41.867999, 45.057095, 48.619484 ] }, { "date": "2025-04-18", "close": 56.060001, "volume": 340798, "typical_volume": 137777.4, "trend": 53.236666, "fair_value": 44.093077, "relative_strength": 4.672314, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.787971, "energy": 17.49241, "activity_lines": [ 48.655333, 44.424181, 45.729762, 48.777462 ] }, { "date": "2025-04-25", "close": 55.869999, "volume": 251419, "typical_volume": 143644.9, "trend": 52.737667, "fair_value": 44.179423, "relative_strength": 3.593806, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.944239, "energy": 29.689333, "activity_lines": [ 52.226666, 46.830545, 46.401857, 48.947355 ] }, { "date": "2025-05-02", "close": 53.700001, "volume": 167712, "typical_volume": 150878.95, "trend": 52.319, "fair_value": 44.265961, "relative_strength": -1.480985, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.917669, "energy": 35.735823, "activity_lines": [ 53.898, 48.635636, 46.896476, 49.009441 ] }, { "date": "2025-05-09", "close": 52.860001, "volume": 414333, "typical_volume": 168917.95, "trend": 52.008667, "fair_value": 44.365705, "relative_strength": -1.60642, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.517214, "energy": 35.033965, "activity_lines": [ 53.943334, 50.070364, 47.340143, 49.044344 ] }, { "date": "2025-05-16", "close": 53.98, "volume": 582629, "typical_volume": 197095.65, "trend": 51.67, "fair_value": 44.45532, "relative_strength": -3.497156, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.102107, "energy": 44.192853, "activity_lines": [ 54.016, 51.424545, 47.919524, 49.171527 ] }, { "date": "2025-05-23", "close": 54.5, "volume": 302514, "typical_volume": 211032.8, "trend": 51.543667, "fair_value": 44.576474, "relative_strength": -1.930449, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.019918, "energy": 27.142118, "activity_lines": [ 54.018, 52.63, 48.555666, 49.354107 ] }, { "date": "2025-05-30", "close": 54.080002, "volume": 73368, "typical_volume": 213597.85, "trend": 51.228, "fair_value": 44.696859, "relative_strength": -2.409284, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.872306, "energy": 22.550801, "activity_lines": [ 53.984001, 53.432, 49.176143, 49.517742 ] }, { "date": "2025-06-06", "close": 55.189999, "volume": 236974, "typical_volume": 222916.4, "trend": 50.934333, "fair_value": 44.828846, "relative_strength": -1.634838, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.391368, "energy": 26.26697, "activity_lines": [ 54.439334, 54.147455, 49.911476, 49.773355 ] }, { "date": "2025-06-13", "close": 55.279999, "volume": 116278, "typical_volume": 226205.55, "trend": 50.925, "fair_value": 44.984167, "relative_strength": -0.542153, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.345055, "energy": 26.169412, "activity_lines": [ 54.825333, 54.485091, 50.634571, 50.05372 ] }, { "date": "2025-06-20", "close": 56.950001, "volume": 231263, "typical_volume": 232678.4, "trend": 50.947, "fair_value": 45.143462, "relative_strength": 0.58095, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.452894, "energy": 29.106311, "activity_lines": [ 55.606667, 54.988, 51.484667, 50.44243 ] }, { "date": "2025-06-27", "close": 67.660004, "volume": 791129, "typical_volume": 268735.4, "trend": 51.211, "fair_value": 45.364038, "relative_strength": 16.369564, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.114268, "energy": 73.001797, "activity_lines": [ 59.760001, 57.317637, 53.316667, 51.520688 ] }, { "date": "2025-07-04", "close": 72.419998, "volume": 596167, "typical_volume": 296361.7, "trend": 51.558333, "fair_value": 45.595256, "relative_strength": 24.545272, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.753035, "energy": 91.697028, "activity_lines": [ 64.622667, 60.301819, 55.516572, 52.889011 ] }, { "date": "2025-07-11", "close": 71.0, "volume": 360302, "typical_volume": 308050.3, "trend": 51.931667, "fair_value": 45.825705, "relative_strength": 22.88152, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.14807, "energy": 92.301492, "activity_lines": [ 67.789334, 62.726909, 57.448286, 54.143312 ] }, { "date": "2025-07-18", "close": 66.0, "volume": 164792, "typical_volume": 309315.15, "trend": 52.166333, "fair_value": 46.019295, "relative_strength": 14.495269, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.805427, "energy": 87.587645, "activity_lines": [ 68.235334, 63.928364, 58.764429, 55.050946 ] }, { "date": "2025-07-25", "close": 65.720001, "volume": 114078, "typical_volume": 310417.95, "trend": 52.507, "fair_value": 46.210769, "relative_strength": 14.01673, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.768339, "energy": 84.86129, "activity_lines": [ 67.873334, 64.84, 59.916905, 55.925376 ] }, { "date": "2025-08-01", "close": 66.949997, "volume": 69715, "typical_volume": 307781.7, "trend": 52.751667, "fair_value": 46.414936, "relative_strength": 16.738631, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.535482, "energy": 58.526517, "activity_lines": [ 67.336666, 65.761818, 61.066905, 56.857183 ] }, { "date": "2025-08-08", "close": 66.839996, "volume": 258245, "typical_volume": 310080.25, "trend": 53.113, "fair_value": 46.607821, "relative_strength": 16.979068, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.51898, "energy": 48.986608, "activity_lines": [ 66.810665, 66.437272, 62.061476, 57.766107 ] }, { "date": "2025-08-15", "close": 65.800003, "volume": 82399, "typical_volume": 295131.2, "trend": 53.612333, "fair_value": 46.803333, "relative_strength": 13.8284, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.206938, "energy": 40.502003, "activity_lines": [ 66.309999, 66.691636, 62.820714, 58.584624 ] }, { "date": "2025-08-22", "close": 63.029999, "volume": 122720, "typical_volume": 272967.4, "trend": 54.095, "fair_value": 46.964103, "relative_strength": 7.88804, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.965701, "energy": 33.77186, "activity_lines": [ 65.232666, 66.249454, 63.162381, 59.192215 ] }, { "date": "2025-08-29", "close": 60.16, "volume": 59191, "typical_volume": 266801.3, "trend": 54.468667, "fair_value": 47.097821, "relative_strength": 5.090469, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.671276, "energy": 21.916781, "activity_lines": [ 63.396666, 65.144545, 63.157571, 59.583505 ] }, { "date": "2025-09-05", "close": 69.309998, "volume": 190501, "typical_volume": 259286.45, "trend": 55.121666, "fair_value": 47.278333, "relative_strength": 19.578985, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.017167, "energy": 28.821846, "activity_lines": [ 64.981333, 65.644908, 63.977333, 60.54101 ] }, { "date": "2025-09-12", "close": 73.410004, "volume": 311042, "typical_volume": 262267.6, "trend": 56.085333, "fair_value": 47.478718, "relative_strength": 24.55346, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.973945, "energy": 41.988075, "activity_lines": [ 67.775334, 66.860727, 65.124476, 61.720903 ] }, { "date": "2025-09-19", "close": 77.599998, "volume": 373428, "typical_volume": 272553.4, "trend": 57.281, "fair_value": 47.721987, "relative_strength": 30.070607, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.805219, "energy": 54.617297, "activity_lines": [ 71.528, 68.820363, 66.587143, 63.108946 ] }, { "date": "2025-09-26", "close": 78.529999, "volume": 395337, "typical_volume": 271603.6, "trend": 58.657666, "fair_value": 47.976346, "relative_strength": 34.692136, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.312668, "energy": 80.878546, "activity_lines": [ 74.804, 70.829091, 68.024571, 64.479849 ] }, { "date": "2025-10-03", "close": 82.220001, "volume": 268847, "typical_volume": 255914.5, "trend": 60.045, "fair_value": 48.256603, "relative_strength": 38.925333, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.765438, "energy": 88.165532, "activity_lines": [ 78.276667, 73.280909, 69.69119, 66.0 ] }, { "date": "2025-10-10", "close": 82.0, "volume": 235700, "typical_volume": 252573.8, "trend": 61.561333, "fair_value": 48.528397, "relative_strength": 35.585086, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.883042, "energy": 86.452459, "activity_lines": [ 80.205333, 75.392727, 71.202381, 67.416452 ] }, { "date": "2025-10-17", "close": 87.900002, "volume": 318920, "typical_volume": 264851.4, "trend": 63.217333, "fair_value": 48.852436, "relative_strength": 41.983926, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.686983, "energy": 89.837839, "activity_lines": [ 83.254667, 78.303637, 73.144524, 69.11572 ] }, { "date": "2025-10-24", "close": 88.0, "volume": 60372, "typical_volume": 256021.3, "trend": 65.033667, "fair_value": 49.174551, "relative_strength": 40.551891, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.696514, "energy": 86.054176, "activity_lines": [ 85.371334, 80.849819, 74.935143, 70.714602 ] }, { "date": "2025-10-31", "close": 94.970001, "volume": 373309, "typical_volume": 268872.85, "trend": 66.610333, "fair_value": 49.541667, "relative_strength": 50.82753, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.72557, "energy": 88.254281, "activity_lines": [ 89.118001, 84.259637, 77.233333, 72.645979 ] }, { "date": "2025-11-07", "close": 97.260002, "volume": 303238, "typical_volume": 272471.6, "trend": 68.175, "fair_value": 49.915449, "relative_strength": 54.443377, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.688599, "energy": 91.176061, "activity_lines": [ 92.532001, 87.505092, 79.560619, 74.623377 ] }, { "date": "2025-11-14", "close": 96.0, "volume": 295638, "typical_volume": 247697.05, "trend": 69.506333, "fair_value": 50.295256, "relative_strength": 48.431559, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.397741, "energy": 86.377508, "activity_lines": [ 94.523334, 89.84691, 81.575953, 76.418538 ] }, { "date": "2025-11-21", "close": 92.669998, "volume": 96606, "typical_volume": 222719.0, "trend": 70.733, "fair_value": 50.647308, "relative_strength": 41.108881, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.502437, "energy": 78.446498, "activity_lines": [ 94.471333, 91.098, 83.139191, 77.912968 ] }, { "date": "2025-11-28", "close": 87.690002, "volume": 308338, "typical_volume": 220120.8, "trend": 71.866, "fair_value": 50.952692, "relative_strength": 31.961608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.126506, "energy": 59.379438, "activity_lines": [ 92.441334, 91.093455, 84.131715, 79.006968 ] }, { "date": "2025-12-05", "close": 75.620003, "volume": 637445, "typical_volume": 243753.45, "trend": 72.624667, "fair_value": 51.192564, "relative_strength": 13.546386, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.100865, "energy": 27.132857, "activity_lines": [ 86.408668, 88.71091, 83.895239, 79.249162 ] }, { "date": "2025-12-12", "close": 67.169998, "volume": 183629, "typical_volume": 247231.0, "trend": 73.064334, "fair_value": 51.383077, "relative_strength": 1.272627, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -3.630326, "energy": 23.673129, "activity_lines": [ 78.849334, 84.84491, 82.808191, 78.897248 ] }, { "date": "2025-12-19", "close": 68.510002, "volume": 2640785, "typical_volume": 375784.5, "trend": 73.531334, "fair_value": 51.5575, "relative_strength": 3.504896, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -17.025367, "energy": 37.487575, "activity_lines": [ 73.742668, 81.496183, 81.841858, 78.60342 ] }, { "date": "2025-12-26", "close": 70.769997, "volume": 1203217, "typical_volume": 423033.1, "trend": 74.087667, "fair_value": 51.763397, "relative_strength": 6.297426, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.771976, "energy": 45.106943, "activity_lines": [ 71.222, 78.803636, 81.083334, 78.425269 ] }, { "date": "2026-01-02", "close": 66.339996, "volume": 1905002, "typical_volume": 514163.25, "trend": 74.459333, "fair_value": 51.943141, "relative_strength": -1.466847, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.305899, "energy": 59.142873, "activity_lines": [ 68.684665, 75.61709, 79.88419, 77.925419 ] }, { "date": "2026-01-09", "close": 69.370003, "volume": 1658611, "typical_volume": 590957.8, "trend": 74.929, "fair_value": 52.145833, "relative_strength": 5.375617, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.565593, "energy": 60.665815, "activity_lines": [ 68.580666, 73.375273, 78.971048, 77.597075 ] }, { "date": "2026-01-16", "close": 64.169998, "volume": 569152, "typical_volume": 616455.85, "trend": 75.169667, "fair_value": 52.321282, "relative_strength": -2.789369, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.567013, "energy": 58.484169, "activity_lines": [ 67.159999, 70.653454, 77.532476, 76.902946 ] }, { "date": "2026-01-23", "close": 68.769997, "volume": 988301, "typical_volume": 656345.85, "trend": 75.206666, "fair_value": 52.538718, "relative_strength": 6.352742, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.889208, "energy": 36.785674, "activity_lines": [ 67.472665, 69.369635, 76.512904, 76.490064 ] }, { "date": "2026-01-30", "close": 67.599998, "volume": 1253660, "typical_volume": 703476.75, "trend": 75.046, "fair_value": 52.761474, "relative_strength": 2.969636, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.001521, "energy": 35.476032, "activity_lines": [ 67.377998, 68.368181, 75.384476, 75.999311 ] }, { "date": "2026-02-06", "close": 67.18, "volume": 701446, "typical_volume": 719877.65, "trend": 74.918666, "fair_value": 52.978654, "relative_strength": 0.468364, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.657163, "energy": 33.481745, "activity_lines": [ 67.354665, 67.746181, 74.243714, 75.491828 ] }, { "date": "2026-02-13", "close": 66.980003, "volume": 1672262, "typical_volume": 783723.9, "trend": 74.951333, "fair_value": 53.203846, "relative_strength": 0.532907, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.422216, "energy": 28.235779, "activity_lines": [ 67.208667, 67.460727, 73.133524, 74.979656 ] }, { "date": "2026-02-20", "close": 78.519997, "volume": 1791268, "typical_volume": 859844.95, "trend": 75.378, "fair_value": 53.519038, "relative_strength": 16.331582, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -28.426673, "energy": 16.882097, "activity_lines": [ 71.068666, 69.430545, 73.17738, 75.209892 ] }, { "date": "2026-02-27", "close": 76.730003, "volume": 2016610, "typical_volume": 948890.45, "trend": 75.704, "fair_value": 53.824359, "relative_strength": 14.315574, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -24.981476, "energy": 17.718874, "activity_lines": [ 73.375334, 70.868545, 73.068381, 75.297118 ] }, { "date": "2026-03-06", "close": 71.650002, "volume": 559232, "typical_volume": 960906.05, "trend": 75.864333, "fair_value": 54.101603, "relative_strength": 9.037423, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.892606, "energy": 19.659626, "activity_lines": [ 73.458001, 71.233455, 72.500667, 75.03557 ] }, { "date": "2026-03-13", "close": 65.18, "volume": 302616, "typical_volume": 973018.25, "trend": 75.843667, "fair_value": 54.351154, "relative_strength": 3.877386, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.139199, "energy": 24.172136, "activity_lines": [ 71.114001, 70.406, 71.394143, 74.346258 ] }, { "date": "2026-03-20", "close": 69.279999, "volume": 624827, "typical_volume": 985594.15, "trend": 76.052, "fair_value": 54.644936, "relative_strength": 9.52911, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.85447, "energy": 22.966794, "activity_lines": [ 70.27, 70.345091, 70.786762, 73.922796 ] }, { "date": "2026-03-27", "close": 55.900002, "volume": 473999, "typical_volume": 994132.2, "trend": 75.91, "fair_value": 54.849423, "relative_strength": -11.1222, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.556322, "energy": 59.301768, "activity_lines": [ 64.812668, 67.853092, 69.027429, 72.622667 ] }, { "date": "2026-04-03", "close": 53.709999, "volume": 189257, "typical_volume": 988813.15, "trend": 75.39, "fair_value": 55.014231, "relative_strength": -14.373116, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.67267, "energy": 74.022619, "activity_lines": [ 60.133333, 65.113273, 67.256476, 71.190409 ] }, { "date": "2026-04-10", "close": 68.209999, "volume": 436124, "typical_volume": 1005789.05, "trend": 75.216667, "fair_value": 55.283205, "relative_strength": 2.246133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.053017, "energy": 57.535669, "activity_lines": [ 61.822, 65.283637, 67.067857, 70.727183 ] }, { "date": "2026-04-17", "close": 81.080002, "volume": 1398088, "typical_volume": 1060276.55, "trend": 75.332667, "fair_value": 55.621218, "relative_strength": 19.217128, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.00511, "energy": 16.287243, "activity_lines": [ 68.03, 67.78291, 68.221429, 71.105462 ] }, { "date": "2026-04-24", "close": 88.330002, "volume": 1377791, "typical_volume": 1097293.85, "trend": 75.659334, "fair_value": 56.012115, "relative_strength": 31.11452, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.960826, "energy": 18.667709, "activity_lines": [ 75.594668, 71.347637, 70.096953, 71.944 ] }, { "date": "2026-05-01", "close": 91.080002, "volume": 931753, "typical_volume": 1134700.05, "trend": 75.954667, "fair_value": 56.415513, "relative_strength": 33.190957, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.369977, "energy": 41.373948, "activity_lines": [ 82.806001, 75.024183, 72.173858, 72.938882 ] }, { "date": "2026-05-08", "close": 92.120003, "volume": 612346, "typical_volume": 1033278.1, "trend": 76.292, "fair_value": 56.817564, "relative_strength": 32.280612, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.78789, "energy": 62.617393, "activity_lines": [ 88.018669, 78.661456, 74.235953, 73.981807 ] }, { "date": "2026-05-15", "close": 88.699997, "volume": 362383, "typical_volume": 991236.4, "trend": 76.318667, "fair_value": 57.206667, "relative_strength": 28.867616, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.486249, "energy": 66.119343, "activity_lines": [ 89.530667, 81.397092, 75.859905, 74.782323 ] }, { "date": "2026-05-22", "close": 83.739998, "volume": 258007, "typical_volume": 908886.65, "trend": 76.176667, "fair_value": 57.558846, "relative_strength": 20.210532, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.88917, "energy": 59.978275, "activity_lines": [ 88.023333, 82.920909, 76.926096, 75.261118 ] }, { "date": "2026-05-29", "close": 77.989998, "volume": 63895, "typical_volume": 829150.85, "trend": 75.610667, "fair_value": 57.861026, "relative_strength": 11.945796, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.33835, "energy": 30.580992, "activity_lines": [ 84.421999, 83.061818, 77.36181, 75.378108 ] }, { "date": "2026-06-05", "close": 77.839996, "volume": 104250, "typical_volume": 805905.75, "trend": 74.963333, "fair_value": 58.164808, "relative_strength": 11.779604, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 39.88493, "energy": 23.343707, "activity_lines": [ 81.459998, 83.01709, 77.74219, 75.521935 ] }, { "date": "2026-06-12", "close": 77.849998, "volume": 67719, "typical_volume": 759876.65, "trend": 74.358333, "fair_value": 58.448462, "relative_strength": 9.830857, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.34286, "energy": 23.059352, "activity_lines": [ 79.383997, 82.575271, 78.058428, 75.708172 ] }, { "date": "2026-06-19", "close": 83.599998, "volume": 128321, "typical_volume": 703609.7, "trend": 74.056, "fair_value": 58.771538, "relative_strength": 15.130941, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.798459, "energy": 23.204852, "activity_lines": [ 80.175998, 82.739998, 78.879047, 76.304408 ] }, { "date": "2026-06-26", "close": 92.5, "volume": 0, "typical_volume": 668537.4, "trend": 74.216333, "fair_value": 59.143974, "relative_strength": 26.192572, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.215501, "energy": 37.086, "activity_lines": [ 84.274665, 84.243089, 80.471095, 77.494344 ] }, { "date": "2026-07-03", "close": 84.870003, "volume": 5871, "typical_volume": 585217.85, "trend": 74.524666, "fair_value": 59.475513, "relative_strength": 14.287861, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.989365, "energy": 35.319538, "activity_lines": [ 85.246, 84.151272, 81.215904, 78.181677 ] }, { "date": "2026-07-10", "close": 82.830002, "volume": 134213, "typical_volume": 502365.1, "trend": 75.046666, "fair_value": 59.796538, "relative_strength": 11.416173, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.738823, "energy": 39.764625, "activity_lines": [ 85.078668, 83.751454, 81.681238, 78.717505 ] }, { "date": "2026-07-17", "close": 74.900002, "volume": 24656, "typical_volume": 402767.4, "trend": 75.259666, "fair_value": 60.063205, "relative_strength": -0.050094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.961854, "energy": 18.541353, "activity_lines": [ 81.935335, 82.059818, 81.37081, 78.708043 ] }, { "date": "2026-07-24", "close": 77.5, "volume": 110655, "typical_volume": 380338.55, "trend": 75.484, "fair_value": 60.348462, "relative_strength": 5.481092, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.56059, "energy": 13.027568, "activity_lines": [ 79.855335, 81.154, 81.316714, 78.852581 ] }, { "date": "2026-07-31", "close": 77.860001, "volume": 146676, "typical_volume": 372541.55, "trend": 75.868, "fair_value": 60.578333, "relative_strength": 2.993591, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.39556, "energy": 17.173881, "activity_lines": [ 78.302001, 80.517273, 81.269048, 79.005871 ] }, { "date": "2026-08-07", "close": 81.470001, "volume": 431444, "typical_volume": 362872.4, "trend": 76.271333, "fair_value": 60.78359, "relative_strength": 6.570202, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.620709, "energy": 15.704017, "activity_lines": [ 78.928001, 80.643819, 81.50481, 79.36729 ] } ], "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." } } }