{ "ticker": { "uuid": "47bb5ce0-da12-4387-b88d-eca208f406eb", "symbol": "AGARIND", "name": "Agarwal Industrial Corporation 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": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 62.786, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": 8.762, "architecture_energy": 11.604, "architecture_maturity": 26.809, "architecture_confidence": 50.918, "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": 52.52, "rotation_up": 27.54, "upward_expansion": 30.78, "deceleration": 63.62, "rotation_down": 38.35, "downward_expansion": 26.12 }, "activity_lines": [ 502.243327, 511.565452, 489.96357, 485.796559 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 514.549988, "trend_reference": 509.475001, "distance_from_trend": 0.009961, "trend_direction": "Weakening", "fair_value": 892.590149, "distance_from_fair_value": -0.423532, "fair_value_direction": "Improving", "relative_strength": -19.02652, "relative_strength_direction": "Improving", "price_momentum": -0.269261, "excess_performance": -0.225552, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.009961, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.135452, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.423532, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.073233, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.190265, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.188317, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.269261, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 7.762501, "read": "Demand-led" } ], "volume": { "latest": 292821, "relative_activity": 0.491294, "balance": 7.762501, "dry_up": 2.080425, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.098189, "annualized_volatility": 0.628364, "from_high_reference": -0.488519, "from_low_reference": 0.429306 }, "levels": { "trend_reference": 509.475001, "fair_value_reference": 892.590149, "structural_low": 360.0, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": -0.024172, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.009626, "regime_survival": 0.571429, "best_return": 0.302708, "worst_return": -0.151556, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.025341, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.03738, "regime_survival": 0.333333, "best_return": 0.37328, "worst_return": -0.105574, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.092141, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.007791, "regime_survival": 0.0, "best_return": 0.33848, "worst_return": -0.154197, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.158874, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.0045, "regime_survival": 0.0, "best_return": 0.713404, "worst_return": -0.395657, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-07-21", "end": "2023-10-06", "tenure": "Developing", "return": 0.152356, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-10-13", "end": "2023-12-01", "tenure": "Developing", "return": -0.013265, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-08", "end": "2024-03-22", "tenure": "Established", "return": -0.162698, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-03-29", "end": "2024-04-12", "tenure": "New", "return": 0.030672, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-04-19", "end": "2024-06-07", "tenure": "Developing", "return": 0.086064, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-06-14", "end": "2024-07-05", "tenure": "New", "return": 0.080279, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-12", "end": "2024-09-13", "tenure": "Developing", "return": 0.004012, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-20", "end": "2024-11-08", "tenure": "Developing", "return": -0.052851, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-15", "end": "2024-12-13", "tenure": "Developing", "return": 0.251427, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-12-20", "end": "2025-01-17", "tenure": "Developing", "return": -0.123222, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-02-14", "tenure": "New", "return": -0.152944, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2026-06-26", "tenure": "Extended", "return": -0.421478, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": -0.071676, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.07714, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 814.688416, "volume": 347302, "typical_volume": 348327.9, "trend": 647.74258, "fair_value": 426.431872, "relative_strength": 19.555576, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.646552, "energy": 86.836168, "activity_lines": [ 822.87002, 769.820836, 705.39083, 675.951302 ] }, { "date": "2023-08-25", "close": 885.744324, "volume": 1128948, "typical_volume": 398343.75, "trend": 657.638178, "fair_value": 431.42512, "relative_strength": 29.660178, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.305425, "energy": 84.009659, "activity_lines": [ 844.667765, 799.597329, 726.391435, 691.306253 ] }, { "date": "2023-09-01", "close": 1037.773071, "volume": 1169842, "typical_volume": 452100.9, "trend": 671.032849, "fair_value": 437.451202, "relative_strength": 49.322561, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.722395, "energy": 82.633231, "activity_lines": [ 911.125399, 851.976632, 760.480923, 715.831085 ] }, { "date": "2023-09-08", "close": 1032.50293, "volume": 710946, "typical_volume": 482279.05, "trend": 682.979154, "fair_value": 443.422728, "relative_strength": 44.462584, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.212033, "energy": 82.620178, "activity_lines": [ 961.340776, 895.469474, 791.943405, 739.151735 ] }, { "date": "2023-09-15", "close": 895.773621, "volume": 781617, "typical_volume": 514003.85, "trend": 691.475224, "fair_value": 448.550029, "relative_strength": 22.361029, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.720873, "energy": 64.730534, "activity_lines": [ 953.89174, 906.781187, 808.260443, 752.880411 ] }, { "date": "2023-09-22", "close": 888.616638, "volume": 411877, "typical_volume": 528822.7, "trend": 700.438493, "fair_value": 453.671343, "relative_strength": 23.82839, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.213297, "energy": 58.964761, "activity_lines": [ 938.998462, 911.456003, 822.578482, 765.599212 ] }, { "date": "2023-09-29", "close": 893.0401, "volume": 198318, "typical_volume": 531221.2, "trend": 709.521114, "fair_value": 458.81818, "relative_strength": 24.120772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.613161, "energy": 48.575158, "activity_lines": [ 920.651123, 913.060275, 836.037808, 778.025122 ] }, { "date": "2023-10-06", "close": 916.698059, "volume": 225483, "typical_volume": 532811.75, "trend": 719.541087, "fair_value": 464.153194, "relative_strength": 26.934266, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.317798, "energy": 32.850124, "activity_lines": [ 909.703385, 917.192518, 850.450632, 791.391376 ] }, { "date": "2023-10-13", "close": 936.678162, "volume": 301624, "typical_volume": 527786.7, "trend": 731.084894, "fair_value": 469.608729, "relative_strength": 28.48222, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.296118, "energy": 33.672264, "activity_lines": [ 913.48735, 923.208269, 865.571726, 805.40022 ] }, { "date": "2023-10-20", "close": 889.262695, "volume": 324628, "typical_volume": 536974.8, "trend": 741.52255, "fair_value": 474.763468, "relative_strength": 22.767808, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.867948, "energy": 31.021203, "activity_lines": [ 907.854476, 919.048573, 874.546364, 815.605239 ] }, { "date": "2023-10-27", "close": 876.737854, "volume": 245549, "typical_volume": 540951.15, "trend": 751.919564, "fair_value": 479.84831, "relative_strength": 23.669771, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.637225, "energy": 27.543548, "activity_lines": [ 898.480717, 911.350401, 880.917584, 824.328807 ] }, { "date": "2023-11-03", "close": 858.894958, "volume": 129514, "typical_volume": 536230.95, "trend": 760.754897, "fair_value": 484.848686, "relative_strength": 19.556607, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.895252, "energy": 21.792897, "activity_lines": [ 883.951245, 899.279894, 884.276324, 831.230446 ] }, { "date": "2023-11-10", "close": 886.926758, "volume": 159484, "typical_volume": 531573.5, "trend": 770.602307, "fair_value": 490.025605, "relative_strength": 21.51253, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.56055, "energy": 17.133608, "activity_lines": [ 881.042049, 892.794248, 889.112934, 839.370566 ] }, { "date": "2023-11-17", "close": 945.525024, "volume": 365475, "typical_volume": 536905.45, "trend": 782.568278, "fair_value": 495.572487, "relative_strength": 26.587209, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.545401, "energy": 24.086477, "activity_lines": [ 899.650362, 899.705493, 898.172199, 850.655902 ] }, { "date": "2023-11-24", "close": 925.694031, "volume": 217472, "typical_volume": 538542.8, "trend": 792.787294, "fair_value": 500.965797, "relative_strength": 22.741826, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.920987, "energy": 28.898257, "activity_lines": [ 911.058553, 904.592519, 903.839508, 859.889822 ] }, { "date": "2023-12-01", "close": 924.252686, "volume": 148450, "typical_volume": 522933.0, "trend": 802.935126, "fair_value": 506.304213, "relative_strength": 19.023455, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.284327, "energy": 34.448204, "activity_lines": [ 919.55754, 908.673475, 907.829641, 868.37146 ] }, { "date": "2023-12-08", "close": 964.411682, "volume": 469292, "typical_volume": 438331.05, "trend": 814.411674, "fair_value": 511.864163, "relative_strength": 19.31431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.911778, "energy": 49.933938, "activity_lines": [ 938.275204, 919.408139, 914.459914, 878.789302 ] }, { "date": "2023-12-15", "close": 942.393799, "volume": 152970, "typical_volume": 423764.8, "trend": 823.630367, "fair_value": 517.261877, "relative_strength": 13.359728, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.302726, "energy": 51.53254, "activity_lines": [ 942.619124, 924.841886, 918.188899, 887.046214 ] }, { "date": "2023-12-22", "close": 935.286499, "volume": 230004, "typical_volume": 402222.8, "trend": 834.998863, "fair_value": 522.628516, "relative_strength": 12.395881, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.411633, "energy": 39.673391, "activity_lines": [ 940.896143, 928.516201, 920.660503, 894.249835 ] }, { "date": "2023-12-29", "close": 919.531067, "volume": 144239, "typical_volume": 393151.7, "trend": 845.881846, "fair_value": 527.869598, "relative_strength": 8.053121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.687682, "energy": 30.70581, "activity_lines": [ 934.603919, 929.351195, 921.231099, 899.703526 ] }, { "date": "2024-01-05", "close": 978.775513, "volume": 313961, "typical_volume": 391484.65, "trend": 858.475187, "fair_value": 533.445112, "relative_strength": 14.417528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.799846, "energy": 34.422387, "activity_lines": [ 948.470707, 940.407573, 926.969565, 908.277311 ] }, { "date": "2024-01-12", "close": 946.171143, "volume": 200234, "typical_volume": 345048.95, "trend": 869.727177, "fair_value": 538.591532, "relative_strength": 9.107361, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.07701, "energy": 28.090885, "activity_lines": [ 947.834518, 943.680653, 928.821486, 913.935114 ] }, { "date": "2024-01-19", "close": 1062.473145, "volume": 875584, "typical_volume": 330336.05, "trend": 885.085647, "fair_value": 544.421134, "relative_strength": 23.157343, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.277256, "energy": 49.445876, "activity_lines": [ 987.181698, 966.512712, 941.462041, 926.370338 ] }, { "date": "2024-01-26", "close": 1017.642212, "volume": 225693, "typical_volume": 306073.4, "trend": 898.012588, "fair_value": 550.071672, "relative_strength": 18.638747, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.748213, "energy": 59.541915, "activity_lines": [ 1003.579944, 978.00194, 949.715365, 934.922374 ] }, { "date": "2024-02-02", "close": 1089.610229, "volume": 477385, "typical_volume": 290861.8, "trend": 914.255792, "fair_value": 556.187322, "relative_strength": 23.275207, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.114505, "energy": 68.863007, "activity_lines": [ 1038.477148, 1001.26504, 964.89355, 947.283513 ] }, { "date": "2024-02-09", "close": 1072.612305, "volume": 177217, "typical_volume": 279128.8, "trend": 927.492798, "fair_value": 562.160636, "relative_strength": 21.087796, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.268555, "energy": 70.296672, "activity_lines": [ 1056.369767, 1018.457314, 977.529854, 957.500062 ] }, { "date": "2024-02-16", "close": 1010.53479, "volume": 273457, "typical_volume": 282885.75, "trend": 934.660661, "fair_value": 567.634629, "relative_strength": 12.205768, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.675469, "energy": 51.732176, "activity_lines": [ 1047.314095, 1021.66532, 983.377844, 962.85761 ] }, { "date": "2024-02-23", "close": 995.723755, "volume": 126813, "typical_volume": 277952.25, "trend": 940.501788, "fair_value": 573.059965, "relative_strength": 9.22472, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.427331, "energy": 37.075039, "activity_lines": [ 1029.030501, 1021.341808, 987.255761, 966.797164 ] }, { "date": "2024-03-01", "close": 950.892761, "volume": 155863, "typical_volume": 270664.2, "trend": 943.825437, "fair_value": 578.192571, "relative_strength": 3.365065, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.35696, "energy": 16.597675, "activity_lines": [ 1000.253202, 1011.897571, 986.487746, 967.467549 ] }, { "date": "2024-03-08", "close": 927.036011, "volume": 133870, "typical_volume": 261126.3, "trend": 947.396808, "fair_value": 583.192715, "relative_strength": -0.193551, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 14.214528, "energy": 16.217769, "activity_lines": [ 967.973617, 997.831992, 983.379971, 966.384361 ] }, { "date": "2024-03-15", "close": 852.334412, "volume": 321748, "typical_volume": 264936.25, "trend": 948.651674, "fair_value": 587.785792, "relative_strength": -6.458872, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -29.031867, "energy": 28.562721, "activity_lines": [ 921.631779, 970.047852, 972.977886, 960.251303 ] }, { "date": "2024-03-22", "close": 807.503418, "volume": 328854, "typical_volume": 274903.25, "trend": 946.043644, "fair_value": 591.954524, "relative_strength": -11.777634, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -37.887596, "energy": 45.820838, "activity_lines": [ 875.03147, 936.41155, 958.422388, 951.144964 ] }, { "date": "2024-03-29", "close": 795.624756, "volume": 139428, "typical_volume": 273900.45, "trend": 937.972034, "fair_value": 596.054982, "relative_strength": -14.095033, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.228929, "energy": 60.115753, "activity_lines": [ 838.007031, 903.136723, 942.980312, 941.440519 ] }, { "date": "2024-04-05", "close": 841.797546, "volume": 231155, "typical_volume": 267184.45, "trend": 931.615188, "fair_value": 600.459921, "relative_strength": -10.015993, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.356608, "energy": 61.352058, "activity_lines": [ 829.713456, 883.108738, 932.370415, 935.235714 ] }, { "date": "2024-04-12", "close": 820.028259, "volume": 139599, "typical_volume": 263290.8, "trend": 929.090342, "fair_value": 604.738223, "relative_strength": -12.496261, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.38242, "energy": 68.154959, "activity_lines": [ 821.436466, 862.319876, 920.181193, 928.036557 ] }, { "date": "2024-04-19", "close": 837.374207, "volume": 142755, "typical_volume": 263006.05, "trend": 927.382261, "fair_value": 609.154795, "relative_strength": -9.332565, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.85288, "energy": 58.0278, "activity_lines": [ 826.075309, 849.586314, 910.147137, 922.119387 ] }, { "date": "2024-04-26", "close": 907.702087, "volume": 551045, "typical_volume": 267093.7, "trend": 927.870994, "fair_value": 614.018094, "relative_strength": -3.191708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.566398, "energy": 29.937385, "activity_lines": [ 855.154126, 853.916695, 907.224681, 920.849698 ] }, { "date": "2024-05-03", "close": 863.666321, "volume": 120112, "typical_volume": 265450.8, "trend": 926.10327, "fair_value": 618.335884, "relative_strength": -8.291202, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.38195, "energy": 26.202634, "activity_lines": [ 862.874443, 852.110258, 900.378388, 916.707461 ] }, { "date": "2024-05-10", "close": 802.483582, "volume": 187050, "typical_volume": 263303.1, "trend": 921.630117, "fair_value": 622.230621, "relative_strength": -13.26328, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.332887, "energy": 30.757749, "activity_lines": [ 845.664409, 841.580732, 888.08006, 908.731998 ] }, { "date": "2024-05-17", "close": 903.179138, "volume": 225396, "typical_volume": 267360.95, "trend": 922.093998, "fair_value": 626.642691, "relative_strength": -4.323996, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.296405, "energy": 19.397178, "activity_lines": [ 864.640491, 852.057837, 886.00418, 907.541612 ] }, { "date": "2024-05-24", "close": 919.829224, "volume": 122455, "typical_volume": 257785.65, "trend": 923.530377, "fair_value": 631.173142, "relative_strength": -4.989726, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.72979, "energy": 14.935384, "activity_lines": [ 883.62321, 865.995992, 885.591889, 907.395497 ] }, { "date": "2024-05-31", "close": 871.419861, "volume": 895992, "typical_volume": 292573.55, "trend": 923.947874, "fair_value": 635.392332, "relative_strength": -8.565033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.478894, "energy": 14.649475, "activity_lines": [ 880.972473, 869.905266, 880.849879, 904.033529 ] }, { "date": "2024-06-07", "close": 909.44165, "volume": 405505, "typical_volume": 269069.6, "trend": 924.69837, "fair_value": 639.681446, "relative_strength": -7.966421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.123296, "energy": 16.008391, "activity_lines": [ 893.414482, 879.565475, 880.084951, 903.097643 ] }, { "date": "2024-06-14", "close": 1131.111206, "volume": 1868267, "typical_volume": 351198.3, "trend": 930.884577, "fair_value": 645.108453, "relative_strength": 12.798609, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.486407, "energy": 39.415546, "activity_lines": [ 976.694653, 927.459842, 901.16013, 916.4146 ] }, { "date": "2024-06-21", "close": 1144.72937, "volume": 650449, "typical_volume": 359851.5, "trend": 938.185754, "fair_value": 650.507201, "relative_strength": 13.145481, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.855996, "energy": 63.566173, "activity_lines": [ 1042.605705, 972.569991, 922.991948, 930.211039 ] }, { "date": "2024-06-28", "close": 1145.126953, "volume": 390799, "typical_volume": 370530.6, "trend": 945.54823, "fair_value": 655.690295, "relative_strength": 10.052003, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.057623, "energy": 71.551688, "activity_lines": [ 1092.545935, 1011.84877, 944.59916, 943.562084 ] }, { "date": "2024-07-05", "close": 1221.916138, "volume": 479019, "typical_volume": 380808.7, "trend": 954.131712, "fair_value": 661.492518, "relative_strength": 14.946311, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.865605, "energy": 86.882359, "activity_lines": [ 1153.062712, 1059.493716, 973.174319, 961.392271 ] }, { "date": "2024-07-12", "close": 1192.691528, "volume": 307458, "typical_volume": 389840.95, "trend": 962.47497, "fair_value": 666.898963, "relative_strength": 10.691467, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.397495, "energy": 82.199727, "activity_lines": [ 1180.471533, 1096.112113, 997.959604, 976.783227 ] }, { "date": "2024-07-19", "close": 1158.795044, "volume": 346495, "typical_volume": 399372.55, "trend": 969.925254, "fair_value": 672.140075, "relative_strength": 7.094086, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.185494, "energy": 70.280162, "activity_lines": [ 1177.698201, 1120.585236, 1018.578711, 989.449038 ] }, { "date": "2024-07-26", "close": 1180.216553, "volume": 253024, "typical_volume": 405330.25, "trend": 978.614771, "fair_value": 677.504021, "relative_strength": 7.46906, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.822347, "energy": 54.573065, "activity_lines": [ 1180.219784, 1142.474789, 1040.247951, 1003.016219 ] }, { "date": "2024-08-02", "close": 1210.286011, "volume": 260807, "typical_volume": 402283.2, "trend": 986.331787, "fair_value": 683.074259, "relative_strength": 10.472352, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.041943, "energy": 50.356066, "activity_lines": [ 1190.398706, 1164.794472, 1063.575327, 1017.962751 ] }, { "date": "2024-08-09", "close": 1301.190308, "volume": 901689, "typical_volume": 430924.95, "trend": 998.165759, "fair_value": 689.288616, "relative_strength": 19.894321, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.524288, "energy": 52.987845, "activity_lines": [ 1226.535124, 1198.361177, 1093.855724, 1038.276204 ] }, { "date": "2024-08-16", "close": 1221.419067, "volume": 273366, "typical_volume": 437621.85, "trend": 1003.463957, "fair_value": 695.173296, "relative_strength": 11.383112, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.285353, "energy": 47.377571, "activity_lines": [ 1230.796183, 1209.610012, 1114.187969, 1052.679643 ] }, { "date": "2024-08-23", "close": 1276.289795, "volume": 344688, "typical_volume": 443298.5, "trend": 1012.085543, "fair_value": 701.457886, "relative_strength": 14.795881, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.441958, "energy": 48.79897, "activity_lines": [ 1251.432316, 1225.163026, 1137.718407, 1070.28131 ] }, { "date": "2024-08-30", "close": 1222.164673, "volume": 249792, "typical_volume": 448808.15, "trend": 1016.504024, "fair_value": 707.261703, "relative_strength": 8.360741, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.86152, "energy": 44.389622, "activity_lines": [ 1246.193758, 1228.235498, 1154.02506, 1083.834802 ] }, { "date": "2024-09-06", "close": 1215.910278, "volume": 125292, "typical_volume": 447935.0, "trend": 1021.280623, "fair_value": 713.070453, "relative_strength": 9.620324, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.387472, "energy": 38.68237, "activity_lines": [ 1236.073861, 1228.762893, 1167.821121, 1096.699722 ] }, { "date": "2024-09-13", "close": 1197.476074, "volume": 166874, "typical_volume": 428726.45, "trend": 1027.512, "fair_value": 718.836288, "relative_strength": 5.680667, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.566017, "energy": 32.345732, "activity_lines": [ 1219.434277, 1224.651645, 1178.058991, 1108.06717 ] }, { "date": "2024-09-20", "close": 1124.636108, "volume": 174647, "typical_volume": 431453.2, "trend": 1031.809078, "fair_value": 724.136365, "relative_strength": -2.353996, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.634804, "energy": 20.002459, "activity_lines": [ 1185.428987, 1207.741131, 1179.979845, 1114.333242 ] }, { "date": "2024-09-27", "close": 1154.529419, "volume": 173298, "typical_volume": 430765.6, "trend": 1038.596967, "fair_value": 729.388871, "relative_strength": -1.185785, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.6403, "energy": 19.786182, "activity_lines": [ 1167.840332, 1197.503136, 1183.504968, 1122.250683 ] }, { "date": "2024-10-04", "close": 1118.657349, "volume": 132812, "typical_volume": 426136.4, "trend": 1044.984344, "fair_value": 734.084474, "relative_strength": 0.283648, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.084536, "energy": 15.569836, "activity_lines": [ 1146.411678, 1180.820503, 1181.937295, 1127.415869 ] }, { "date": "2024-10-11", "close": 1126.828247, "volume": 118703, "typical_volume": 425948.8, "trend": 1054.134139, "fair_value": 738.972487, "relative_strength": 1.319783, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.099599, "energy": 15.274354, "activity_lines": [ 1134.607145, 1166.742747, 1180.121715, 1132.696121 ] }, { "date": "2024-10-18", "close": 1119.604004, "volume": 101028, "typical_volume": 386200.6, "trend": 1064.537492, "fair_value": 744.081583, "relative_strength": 1.136498, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.867048, "energy": 13.603206, "activity_lines": [ 1126.333333, 1152.868905, 1176.632403, 1136.919983 ] }, { "date": "2024-10-25", "close": 1006.40802, "volume": 149698, "typical_volume": 373410.25, "trend": 1071.563601, "fair_value": 748.559474, "relative_strength": -6.379347, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -17.02133, "energy": 27.884977, "activity_lines": [ 1085.518998, 1121.715545, 1161.180692, 1133.169694 ] }, { "date": "2024-11-01", "close": 1095.639526, "volume": 84351, "typical_volume": 284214.45, "trend": 1080.025, "fair_value": 753.338802, "relative_strength": 1.384976, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.117863, "energy": 24.823634, "activity_lines": [ 1082.330371, 1110.695387, 1153.765475, 1134.72298 ] }, { "date": "2024-11-08", "close": 1065.19812, "volume": 103555, "typical_volume": 256869.75, "trend": 1088.197329, "fair_value": 757.80197, "relative_strength": -0.728109, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.6422, "energy": 39.482303, "activity_lines": [ 1072.920601, 1097.424978, 1143.619989, 1133.766407 ] }, { "date": "2024-11-15", "close": 1003.667786, "volume": 109182, "typical_volume": 242788.9, "trend": 1093.740448, "fair_value": 761.856456, "relative_strength": -3.796613, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.990251, "energy": 51.778771, "activity_lines": [ 1046.564669, 1075.821173, 1127.993191, 1128.312888 ] }, { "date": "2024-11-22", "close": 1001.375977, "volume": 92447, "typical_volume": 223460.3, "trend": 1096.862911, "fair_value": 765.727071, "relative_strength": -5.31967, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.36622, "energy": 48.711353, "activity_lines": [ 1027.655497, 1057.659629, 1112.821741, 1122.35389 ] }, { "date": "2024-11-29", "close": 1185.070435, "volume": 303727, "typical_volume": 223273.75, "trend": 1107.576381, "fair_value": 770.656408, "relative_strength": 10.840258, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.265667, "energy": 11.547942, "activity_lines": [ 1077.85968, 1076.462535, 1116.195193, 1128.044698 ] }, { "date": "2024-12-06", "close": 1245.654053, "volume": 214734, "typical_volume": 216685.7, "trend": 1122.348731, "fair_value": 775.830903, "relative_strength": 13.704278, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 19.793881, "energy": 13.841488, "activity_lines": [ 1136.347575, 1105.181837, 1125.374803, 1136.952935 ] }, { "date": "2024-12-13", "close": 1256.01709, "volume": 146677, "typical_volume": 211368.35, "trend": 1134.109996, "fair_value": 781.325278, "relative_strength": 13.896303, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 43.624295, "energy": 34.745839, "activity_lines": [ 1188.288847, 1134.128517, 1135.127756, 1145.5767 ] }, { "date": "2024-12-20", "close": 1331.049316, "volume": 429769, "typical_volume": 219816.45, "trend": 1147.817332, "fair_value": 787.412149, "relative_strength": 26.055369, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 65.095596, "energy": 52.541533, "activity_lines": [ 1252.519596, 1174.21997, 1151.665679, 1158.282463 ] }, { "date": "2024-12-27", "close": 1288.700562, "volume": 110623, "typical_volume": 180263.15, "trend": 1161.726689, "fair_value": 793.172111, "relative_strength": 20.277178, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 54.768111, "energy": 67.64779, "activity_lines": [ 1280.808659, 1202.898539, 1163.595325, 1167.371703 ] }, { "date": "2025-01-03", "close": 1263.839233, "volume": 100905, "typical_volume": 171640.1, "trend": 1173.539941, "fair_value": 798.460325, "relative_strength": 16.639299, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.692736, "energy": 59.807316, "activity_lines": [ 1281.65564, 1223.982383, 1173.2167, 1173.959609 ] }, { "date": "2025-01-10", "close": 1209.134399, "volume": 111963, "typical_volume": 160003.85, "trend": 1176.140715, "fair_value": 802.991076, "relative_strength": 13.913582, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 58.486958, "energy": 53.695385, "activity_lines": [ 1259.016422, 1230.439327, 1177.42609, 1176.256026 ] }, { "date": "2025-01-17", "close": 1167.034668, "volume": 91635, "typical_volume": 152096.0, "trend": 1176.884224, "fair_value": 807.132836, "relative_strength": 10.974537, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 10.632942, "energy": 12.993543, "activity_lines": [ 1224.778605, 1227.17823, 1177.94577, 1175.668539 ] }, { "date": "2025-01-24", "close": 1112.77832, "volume": 69827, "typical_volume": 149322.75, "trend": 1175.805937, "fair_value": 811.032297, "relative_strength": 6.299994, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.0539, "energy": 13.655311, "activity_lines": [ 1178.3875, 1212.20077, 1173.560702, 1171.532674 ] }, { "date": "2025-01-31", "close": 1131.46167, "volume": 94166, "typical_volume": 145687.35, "trend": 1172.790788, "fair_value": 814.779379, "relative_strength": 6.24911, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.083167, "energy": 19.414536, "activity_lines": [ 1152.775578, 1198.636455, 1171.446105, 1168.671754 ] }, { "date": "2025-02-07", "close": 1091.703491, "volume": 92079, "typical_volume": 141558.95, "trend": 1169.42452, "fair_value": 818.20507, "relative_strength": 2.417636, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.346407, "energy": 26.374596, "activity_lines": [ 1124.393522, 1175.478185, 1165.859369, 1163.440315 ] }, { "date": "2025-02-14", "close": 942.585815, "volume": 159235, "typical_volume": 140855.8, "trend": 1162.217546, "fair_value": 820.927697, "relative_strength": -8.955997, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -80.479649, "energy": 66.616643, "activity_lines": [ 1057.78129, 1126.905191, 1146.227772, 1148.80556 ] }, { "date": "2025-02-21", "close": 944.13031, "volume": 165473, "typical_volume": 142488.85, "trend": 1154.348004, "fair_value": 824.00587, "relative_strength": -8.139943, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.22315, "energy": 74.765628, "activity_lines": [ 1009.453796, 1084.123346, 1127.752525, 1134.735416 ] }, { "date": "2025-02-28", "close": 883.795654, "volume": 110374, "typical_volume": 142072.4, "trend": 1143.464992, "fair_value": 826.717559, "relative_strength": -11.302421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.870248, "energy": 85.070351, "activity_lines": [ 955.87504, 1036.042233, 1104.362202, 1117.280426 ] }, { "date": "2025-03-07", "close": 1031.518311, "volume": 232918, "typical_volume": 148666.9, "trend": 1134.475926, "fair_value": 830.387592, "relative_strength": 1.3634, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.762089, "energy": 74.155174, "activity_lines": [ 966.802681, 1022.951669, 1096.198001, 1110.058059 ] }, { "date": "2025-03-14", "close": 950.507568, "volume": 68971, "typical_volume": 144630.55, "trend": 1125.445542, "fair_value": 833.035224, "relative_strength": -6.099132, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.028988, "energy": 66.778003, "activity_lines": [ 957.389632, 999.80792, 1080.737946, 1098.189133 ] }, { "date": "2025-03-21", "close": 1058.372559, "volume": 86730, "typical_volume": 144749.5, "trend": 1118.181634, "fair_value": 835.933925, "relative_strength": -0.084653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.846939, "energy": 40.226665, "activity_lines": [ 993.344641, 1001.972927, 1075.816941, 1093.861844 ] }, { "date": "2025-03-28", "close": 969.290466, "volume": 108279, "typical_volume": 144985.7, "trend": 1109.752494, "fair_value": 837.880458, "relative_strength": -9.36603, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.624589, "energy": 30.007138, "activity_lines": [ 991.886503, 990.682314, 1062.589389, 1084.255962 ] }, { "date": "2025-04-04", "close": 980.899048, "volume": 46149, "typical_volume": 141834.05, "trend": 1101.918787, "fair_value": 840.16943, "relative_strength": -6.03423, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.64964, "energy": 28.857187, "activity_lines": [ 992.620549, 985.097702, 1050.924118, 1075.942836 ] }, { "date": "2025-04-11", "close": 978.906189, "volume": 69068, "typical_volume": 140665.1, "trend": 1094.633124, "fair_value": 842.331892, "relative_strength": -6.169383, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.900187, "energy": 25.896532, "activity_lines": [ 986.216748, 981.548556, 1039.177475, 1068.00654 ] }, { "date": "2025-04-18", "close": 1032.813721, "volume": 72202, "typical_volume": 129088.85, "trend": 1091.572378, "fair_value": 844.651409, "relative_strength": -5.46711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.230659, "energy": 25.507835, "activity_lines": [ 1001.2896, 990.574516, 1032.671881, 1064.018191 ] }, { "date": "2025-04-25", "close": 995.297607, "volume": 75025, "typical_volume": 122103.4, "trend": 1086.26465, "fair_value": 846.619553, "relative_strength": -9.647007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.352657, "energy": 22.490995, "activity_lines": [ 998.370003, 993.850088, 1023.318356, 1057.806915 ] }, { "date": "2025-05-02", "close": 972.479126, "volume": 30254, "typical_volume": 116282.25, "trend": 1081.392043, "fair_value": 848.72054, "relative_strength": -12.888362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.91418, "energy": 24.556106, "activity_lines": [ 992.049243, 992.018448, 1012.983815, 1050.465914 ] }, { "date": "2025-05-09", "close": 936.208557, "volume": 80650, "typical_volume": 98826.3, "trend": 1075.038053, "fair_value": 851.172279, "relative_strength": -15.047262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.81836, "energy": 31.563779, "activity_lines": [ 973.425716, 983.076727, 1000.545116, 1041.099237 ] }, { "date": "2025-05-16", "close": 1016.073547, "volume": 66023, "typical_volume": 96596.3, "trend": 1071.587038, "fair_value": 854.045047, "relative_strength": -11.543925, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.459829, "energy": 27.904645, "activity_lines": [ 984.403218, 987.702951, 997.5928, 1037.295076 ] }, { "date": "2025-05-23", "close": 1069.831665, "volume": 85905, "typical_volume": 95846.3, "trend": 1073.70116, "fair_value": 857.568779, "relative_strength": -6.356246, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.380252, "energy": 10.159983, "activity_lines": [ 1010.82227, 1002.384192, 1001.058529, 1037.181826 ] }, { "date": "2025-05-30", "close": 956.785156, "volume": 170373, "typical_volume": 98766.8, "trend": 1069.072681, "fair_value": 860.285798, "relative_strength": -15.903983, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.86307, "energy": 20.636655, "activity_lines": [ 997.091288, 994.341993, 994.681769, 1029.638858 ] }, { "date": "2025-06-06", "close": 971.283386, "volume": 158266, "typical_volume": 102098.35, "trend": 1065.94219, "fair_value": 863.209491, "relative_strength": -15.484166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.882447, "energy": 20.649607, "activity_lines": [ 990.760547, 990.78288, 990.887456, 1023.329871 ] }, { "date": "2025-06-13", "close": 959.624939, "volume": 124216, "typical_volume": 104817.8, "trend": 1064.474095, "fair_value": 866.521635, "relative_strength": -15.204909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.479947, "energy": 25.126552, "activity_lines": [ 980.623372, 985.067814, 986.914963, 1016.470694 ] }, { "date": "2025-06-20", "close": 975.069824, "volume": 76558, "typical_volume": 103937.4, "trend": 1063.597223, "fair_value": 869.959397, "relative_strength": -14.837803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.376472, "energy": 33.248983, "activity_lines": [ 974.073401, 982.547712, 985.142714, 1010.702676 ] }, { "date": "2025-06-27", "close": 981.845642, "volume": 79150, "typical_volume": 103290.95, "trend": 1056.823063, "fair_value": 873.498255, "relative_strength": -15.669173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.660558, "energy": 32.033202, "activity_lines": [ 972.515617, 981.329328, 984.760504, 1005.428381 ] }, { "date": "2025-07-04", "close": 953.995117, "volume": 99323, "typical_volume": 100295.35, "trend": 1047.101099, "fair_value": 876.773359, "relative_strength": -17.043801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.136417, "energy": 33.040874, "activity_lines": [ 967.540059, 975.973905, 982.248996, 998.79432 ] }, { "date": "2025-07-11", "close": 919.667603, "volume": 80874, "typical_volume": 96065.4, "trend": 1035.889449, "fair_value": 879.840455, "relative_strength": -18.619829, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.458503, "energy": 44.142034, "activity_lines": [ 951.308, 965.128069, 976.413871, 990.572804 ] }, { "date": "2025-07-18", "close": 926.891846, "volume": 59245, "typical_volume": 93508.95, "trend": 1022.417533, "fair_value": 882.78373, "relative_strength": -17.025301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.6177, "energy": 46.960185, "activity_lines": [ 940.925073, 956.555943, 971.383257, 983.5407 ] }, { "date": "2025-07-25", "close": 941.190735, "volume": 151507, "typical_volume": 89438.4, "trend": 1010.833872, "fair_value": 885.712849, "relative_strength": -14.94754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.603852, "energy": 45.552071, "activity_lines": [ 937.49065, 950.753009, 967.509223, 978.300262 ] }, { "date": "2025-08-01", "close": 961.617859, "volume": 85798, "typical_volume": 90279.75, "trend": 1000.759827, "fair_value": 887.928915, "relative_strength": -11.766714, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.529238, "energy": 36.37514, "activity_lines": [ 943.123873, 950.025603, 966.010761, 975.125035 ] }, { "date": "2025-08-08", "close": 941.93811, "volume": 77841, "typical_volume": 89835.3, "trend": 991.853284, "fair_value": 889.854401, "relative_strength": -12.295446, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.717453, "energy": 29.670864, "activity_lines": [ 943.545699, 947.687584, 962.58513, 971.330086 ] }, { "date": "2025-08-15", "close": 934.066223, "volume": 39390, "typical_volume": 86390.85, "trend": 984.087669, "fair_value": 891.944862, "relative_strength": -13.527737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.983192, "energy": 28.631041, "activity_lines": [ 942.147363, 944.18826, 958.964246, 967.601888 ] }, { "date": "2025-08-22", "close": 799.546326, "volume": 380315, "typical_volume": 103099.15, "trend": 973.646602, "fair_value": 892.886297, "relative_strength": -26.067163, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.397322, "energy": 65.820854, "activity_lines": [ 894.949154, 916.907449, 942.699678, 955.695995 ] }, { "date": "2025-08-29", "close": 781.510681, "volume": 111779, "typical_volume": 105234.7, "trend": 961.981569, "fair_value": 893.652241, "relative_strength": -25.884848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.061941, "energy": 87.764238, "activity_lines": [ 850.228764, 889.257949, 925.581013, 943.300129 ] }, { "date": "2025-09-05", "close": 828.692322, "volume": 147908, "typical_volume": 109020.0, "trend": 953.21453, "fair_value": 894.802053, "relative_strength": -21.871154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.293274, "energy": 83.888883, "activity_lines": [ 831.880925, 873.706187, 913.895817, 934.700823 ] }, { "date": "2025-09-12", "close": 944.82782, "volume": 207160, "typical_volume": 115626.75, "trend": 953.289264, "fair_value": 897.009336, "relative_strength": -11.865254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.383433, "energy": 71.139281, "activity_lines": [ 861.10662, 882.054575, 914.243151, 934.159745 ] }, { "date": "2025-09-19", "close": 989.150024, "volume": 339660, "typical_volume": 131097.05, "trend": 954.789921, "fair_value": 899.604118, "relative_strength": -8.319027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.548871, "energy": 19.313805, "activity_lines": [ 904.913737, 898.628225, 919.051979, 936.473342 ] }, { "date": "2025-09-26", "close": 928.650024, "volume": 236302, "typical_volume": 138879.65, "trend": 956.285067, "fair_value": 901.497991, "relative_strength": -11.321664, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.838883, "energy": 22.43754, "activity_lines": [ 924.881933, 902.938557, 918.019518, 934.786897 ] }, { "date": "2025-10-03", "close": 945.349976, "volume": 142258, "typical_volume": 142691.4, "trend": 953.412789, "fair_value": 903.007511, "relative_strength": -10.321748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.833389, "energy": 26.09758, "activity_lines": [ 941.809867, 910.253278, 918.613521, 934.081407 ] }, { "date": "2025-10-10", "close": 894.25, "volume": 72616, "typical_volume": 142026.95, "trend": 951.537537, "fair_value": 904.462505, "relative_strength": -16.109062, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.807511, "energy": 22.820551, "activity_lines": [ 930.781856, 908.201471, 914.677639, 930.264453 ] }, { "date": "2025-10-17", "close": 886.950012, "volume": 70185, "typical_volume": 137017.55, "trend": 945.823452, "fair_value": 905.921879, "relative_strength": -17.77204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.411853, "energy": 15.50755, "activity_lines": [ 912.950004, 906.047264, 910.882623, 926.097516 ] }, { "date": "2025-10-24", "close": 897.75, "volume": 33718, "typical_volume": 130790.15, "trend": 943.43877, "fair_value": 907.34718, "relative_strength": -16.785992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.712865, "energy": 23.385911, "activity_lines": [ 902.576668, 906.856475, 908.448725, 922.996003 ] }, { "date": "2025-10-31", "close": 860.099976, "volume": 118322, "typical_volume": 130495.45, "trend": 939.412134, "fair_value": 908.503164, "relative_strength": -19.619144, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.897738, "energy": 37.231364, "activity_lines": [ 885.746659, 901.480522, 902.77927, 917.619307 ] }, { "date": "2025-11-07", "close": 860.0, "volume": 63466, "typical_volume": 129840.85, "trend": 935.448594, "fair_value": 909.977316, "relative_strength": -18.51315, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.302448, "energy": 49.279494, "activity_lines": [ 873.453329, 894.985416, 897.574222, 912.495943 ] }, { "date": "2025-11-14", "close": 814.049988, "volume": 70576, "typical_volume": 129412.15, "trend": 928.15647, "fair_value": 911.277702, "relative_strength": -23.712629, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.367401, "energy": 63.479452, "activity_lines": [ 851.533325, 878.708684, 888.540934, 904.663775 ] }, { "date": "2025-11-21", "close": 804.799988, "volume": 152337, "typical_volume": 132062.85, "trend": 921.806549, "fair_value": 912.403093, "relative_strength": -24.649405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.435348, "energy": 73.522543, "activity_lines": [ 831.876656, 861.016358, 879.42572, 896.705293 ] }, { "date": "2025-11-28", "close": 769.799988, "volume": 143762, "typical_volume": 135207.25, "trend": 915.050578, "fair_value": 913.20114, "relative_strength": -27.626856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.03731, "energy": 80.255355, "activity_lines": [ 806.029989, 839.506356, 867.687626, 886.898418 ] }, { "date": "2025-12-05", "close": 728.0, "volume": 106303, "typical_volume": 137560.15, "trend": 908.110293, "fair_value": 913.852024, "relative_strength": -30.769858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.340531, "energy": 87.713589, "activity_lines": [ 774.779993, 814.384538, 852.682236, 874.830639 ] }, { "date": "2025-12-12", "close": 685.450012, "volume": 212880, "typical_volume": 140628.8, "trend": 897.089508, "fair_value": 914.309615, "relative_strength": -33.692468, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.30195, "energy": 94.842039, "activity_lines": [ 738.153333, 785.174542, 834.57157, 860.465459 ] }, { "date": "2025-12-19", "close": 710.049988, "volume": 114363, "typical_volume": 142057.05, "trend": 885.096786, "fair_value": 915.239892, "relative_strength": -30.114782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.90198, "energy": 90.170194, "activity_lines": [ 721.36333, 765.162722, 820.021572, 848.398393 ] }, { "date": "2025-12-26", "close": 732.349976, "volume": 110601, "typical_volume": 143695.05, "trend": 877.615613, "fair_value": 916.127173, "relative_strength": -27.199934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.806321, "energy": 87.041261, "activity_lines": [ 718.93999, 752.554537, 808.793325, 838.54376 ] }, { "date": "2026-01-02", "close": 720.049988, "volume": 66243, "typical_volume": 145037.7, "trend": 869.241166, "fair_value": 917.021111, "relative_strength": -28.297687, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.911289, "energy": 82.362031, "activity_lines": [ 717.246655, 740.5209, 797.391689, 828.378236 ] }, { "date": "2026-01-09", "close": 719.200012, "volume": 86260, "typical_volume": 130334.95, "trend": 861.227002, "fair_value": 917.890211, "relative_strength": -25.698941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.221815, "energy": 61.49524, "activity_lines": [ 718.586662, 731.563631, 786.928228, 818.698162 ] }, { "date": "2026-01-16", "close": 688.799988, "volume": 48237, "typical_volume": 127157.85, "trend": 851.684674, "fair_value": 918.373091, "relative_strength": -28.007324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.407332, "energy": 62.914823, "activity_lines": [ 710.379993, 719.640903, 773.952128, 807.573838 ] }, { "date": "2026-01-23", "close": 672.5, "volume": 65936, "typical_volume": 123059.25, "trend": 841.373153, "fair_value": 918.909139, "relative_strength": -27.095573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.682899, "energy": 64.293698, "activity_lines": [ 696.516663, 707.867267, 759.865127, 796.013537 ] }, { "date": "2026-01-30", "close": 729.75, "volume": 81618, "typical_volume": 116782.15, "trend": 833.898316, "fair_value": 919.510531, "relative_strength": -20.941839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.590861, "energy": 52.335443, "activity_lines": [ 704.239998, 709.076359, 751.974281, 788.812043 ] }, { "date": "2026-02-06", "close": 704.150024, "volume": 85752, "typical_volume": 104086.75, "trend": 826.714396, "fair_value": 919.703071, "relative_strength": -24.064455, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.595949, "energy": 49.332833, "activity_lines": [ 703.603341, 706.995456, 742.669521, 780.441186 ] }, { "date": "2026-02-13", "close": 697.900024, "volume": 53171, "typical_volume": 94930.2, "trend": 819.081335, "fair_value": 920.06851, "relative_strength": -23.522075, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.267443, "energy": 46.61431, "activity_lines": [ 701.943347, 704.971824, 734.126667, 772.130581 ] }, { "date": "2026-02-20", "close": 608.700012, "volume": 565629, "typical_volume": 116098.75, "trend": 807.998311, "fair_value": 919.997878, "relative_strength": -32.923988, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.788713, "energy": 57.797761, "activity_lines": [ 671.970015, 687.27728, 718.187383, 758.557592 ] }, { "date": "2026-02-27", "close": 551.0, "volume": 115518, "typical_volume": 118243.85, "trend": 794.311049, "fair_value": 919.551971, "relative_strength": -37.725993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.31434, "energy": 80.180763, "activity_lines": [ 628.103345, 660.48728, 698.355954, 741.977056 ] }, { "date": "2026-03-06", "close": 461.649994, "volume": 302954, "typical_volume": 129882.3, "trend": 778.301446, "fair_value": 918.561915, "relative_strength": -45.468912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.5974, "energy": 95.737741, "activity_lines": [ 562.553339, 620.343642, 671.649525, 720.515052 ] }, { "date": "2026-03-13", "close": 426.5, "volume": 390541, "typical_volume": 147723.45, "trend": 761.382571, "fair_value": 917.511505, "relative_strength": -46.074079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.942528, "energy": 96.854291, "activity_lines": [ 503.160002, 578.730914, 643.620716, 697.818185 ] }, { "date": "2026-03-20", "close": 412.450012, "volume": 566572, "typical_volume": 170135.95, "trend": 748.479361, "fair_value": 916.462255, "relative_strength": -46.947229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.501433, "energy": 95.100057, "activity_lines": [ 457.593337, 539.900915, 616.49786, 675.306407 ] }, { "date": "2026-03-27", "close": 377.700012, "volume": 522955, "typical_volume": 193110.4, "trend": 735.019005, "fair_value": 915.26272, "relative_strength": -50.085414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.858379, "energy": 94.927738, "activity_lines": [ 419.47334, 500.330008, 588.197147, 651.385159 ] }, { "date": "2026-04-03", "close": 384.049988, "volume": 181048, "typical_volume": 198634.0, "trend": 720.197594, "fair_value": 913.917944, "relative_strength": -48.230139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.051147, "energy": 91.306975, "activity_lines": [ 398.870001, 467.570004, 562.79786, 628.741996 ] }, { "date": "2026-04-10", "close": 402.149994, "volume": 823497, "typical_volume": 232192.0, "trend": 702.108333, "fair_value": 912.704134, "relative_strength": -48.004092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.359948, "energy": 79.113278, "activity_lines": [ 395.429999, 443.345456, 541.170002, 608.222796 ] }, { "date": "2026-04-17", "close": 468.399994, "volume": 435634, "typical_volume": 246785.6, "trend": 684.749999, "fair_value": 911.946788, "relative_strength": -39.318297, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.098015, "energy": 65.80652, "activity_lines": [ 418.039996, 437.122727, 527.769049, 593.144839 ] }, { "date": "2026-04-24", "close": 435.049988, "volume": 266797, "typical_volume": 254810.3, "trend": 668.296664, "fair_value": 910.766829, "relative_strength": -41.744364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.08765, "energy": 61.476838, "activity_lines": [ 426.739992, 429.122724, 512.627143, 577.035161 ] }, { "date": "2026-05-01", "close": 416.950012, "volume": 177071, "typical_volume": 253019.85, "trend": 650.683332, "fair_value": 909.466395, "relative_strength": -43.616705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.136283, "energy": 53.551012, "activity_lines": [ 427.899998, 422.610908, 497.15643, 560.819248 ] }, { "date": "2026-05-08", "close": 457.149994, "volume": 459558, "typical_volume": 270279.6, "trend": 636.113332, "fair_value": 908.421746, "relative_strength": -37.858264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.360648, "energy": 42.80529, "activity_lines": [ 439.843331, 426.894543, 486.792858, 548.333226 ] }, { "date": "2026-05-15", "close": 415.350006, "volume": 242252, "typical_volume": 276862.15, "trend": 620.393332, "fair_value": 906.816086, "relative_strength": -41.415124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.69651, "energy": 44.734133, "activity_lines": [ 432.980001, 425.284545, 473.65262, 534.090431 ] }, { "date": "2026-05-22", "close": 409.899994, "volume": 149541, "typical_volume": 281027.05, "trend": 604.131665, "fair_value": 905.634473, "relative_strength": -41.400328, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.646154, "energy": 50.710938, "activity_lines": [ 423.419999, 423.525453, 461.502858, 520.510215 ] }, { "date": "2026-05-29", "close": 415.049988, "volume": 176472, "typical_volume": 285537.65, "trend": 589.296665, "fair_value": 904.493501, "relative_strength": -39.400723, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.939551, "energy": 49.114076, "activity_lines": [ 419.476662, 423.004542, 451.320475, 508.311397 ] }, { "date": "2026-06-05", "close": 512.650024, "volume": 3013185, "typical_volume": 433785.05, "trend": 577.718333, "fair_value": 903.927314, "relative_strength": -23.717978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.356381, "energy": 30.621428, "activity_lines": [ 449.400004, 440.181819, 451.881668, 503.366453 ] }, { "date": "2026-06-12", "close": 483.549988, "volume": 213794, "typical_volume": 441177.95, "trend": 566.701666, "fair_value": 903.125638, "relative_strength": -27.944183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.12811, "energy": 20.134877, "activity_lines": [ 463.243333, 449.614545, 450.510238, 497.291076 ] }, { "date": "2026-06-19", "close": 547.799988, "volume": 67262, "typical_volume": 440460.15, "trend": 558.135, "fair_value": 902.780003, "relative_strength": -18.816281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.614465, "energy": 18.448396, "activity_lines": [ 496.743329, 468.919997, 456.157618, 496.071613 ] }, { "date": "2026-06-26", "close": 546.200012, "volume": 0, "typical_volume": 436172.55, "trend": 550.681667, "fair_value": 902.243887, "relative_strength": -18.326267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 9.125445, "energy": 29.746025, "activity_lines": [ 520.880001, 485.286364, 462.519047, 495.301613 ] }, { "date": "2026-07-03", "close": 533.650024, "volume": 49788, "typical_volume": 436003.4, "trend": 544.203335, "fair_value": 901.803733, "relative_strength": -20.053068, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 3.834767, "energy": 29.43056, "activity_lines": [ 531.746675, 497.956368, 468.437383, 494.202798 ] }, { "date": "2026-07-10", "close": 537.799988, "volume": 181640, "typical_volume": 416803.95, "trend": 539.281667, "fair_value": 900.921027, "relative_strength": -18.399684, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 7.887006, "energy": 41.537397, "activity_lines": [ 536.090002, 509.588184, 475.533096, 493.789679 ] }, { "date": "2026-07-17", "close": 495.399994, "volume": 227460, "typical_volume": 422401.05, "trend": 532.126667, "fair_value": 898.997316, "relative_strength": -24.330539, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 2.28054, "energy": 27.783376, "activity_lines": [ 524.623334, 511.313637, 478.928333, 490.958603 ] }, { "date": "2026-07-24", "close": 477.700012, "volume": 150412, "typical_volume": 414773.95, "trend": 523.638335, "fair_value": 896.799945, "relative_strength": -24.33135, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -15.863792, "energy": 13.031861, "activity_lines": [ 506.466671, 509.125457, 480.90262, 487.447206 ] }, { "date": "2026-07-31", "close": 499.799988, "volume": 4289201, "typical_volume": 609706.95, "trend": 516.296668, "fair_value": 894.547488, "relative_strength": -21.775078, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -18.736126, "energy": 12.483313, "activity_lines": [ 500.349998, 509.821818, 484.905238, 485.909248 ] }, { "date": "2026-08-07", "close": 514.549988, "volume": 292821, "typical_volume": 596019.4, "trend": 509.475001, "fair_value": 892.590149, "relative_strength": -19.02652, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.762386, "energy": 11.604078, "activity_lines": [ 502.243327, 511.565452, 489.96357, 485.796559 ] } ], "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." } } }