{ "ticker": { "uuid": "50567429-5795-460d-824f-999d0a4c0927", "symbol": "NMDC", "name": "NMDC Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 62.771, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "up", "architecture_direction": 3.008, "architecture_energy": 17.604, "architecture_maturity": 24.792, "architecture_confidence": 74.108, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 53.91, "rotation_up": 17.88, "upward_expansion": 43.25, "deceleration": 73.03, "rotation_down": 39.89, "downward_expansion": 39.59 }, "activity_lines": [ 84.453333, 85.125091, 86.591286, 85.741858 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 84.919998, "trend_reference": 84.145661, "distance_from_trend": 0.009202, "trend_direction": "Improving", "fair_value": 69.545556, "distance_from_fair_value": 0.22107, "fair_value_direction": "Weakening", "relative_strength": 7.067449, "relative_strength_direction": "Weakening", "price_momentum": 0.040693, "excess_performance": 0.084402, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.009202, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.045829, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.22107, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.146334, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.070674, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.155341, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.040693, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.196297, "read": "Demand-led" } ], "volume": { "latest": 94002952, "relative_activity": 1.172071, "balance": 1.196297, "dry_up": 1.07488, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.048797, "annualized_volatility": 0.215139, "from_high_reference": -0.106199, "from_low_reference": 0.283201 }, "levels": { "trend_reference": 84.145661, "fair_value_reference": 69.545556, "structural_low": 74.550003, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": -0.01177, "positive_rate": 0.4375, "directional_follow_through": 0.4375, "median_excess_return": -0.007234, "regime_survival": 0.5625, "best_return": 0.173987, "worst_return": -0.25845, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.055848, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.084246, "regime_survival": 0.0, "best_return": 0.324006, "worst_return": -0.207921, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.013038, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.116593, "regime_survival": 0.0, "best_return": 0.181815, "worst_return": -0.101045, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.160331, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.150711, "regime_survival": 0.25, "best_return": 1.131998, "worst_return": -0.257353, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-26", "end": "2024-06-28", "tenure": "Developing", "return": -0.046133, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-08-09", "tenure": "Developing", "return": -0.121888, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-16", "end": "2024-09-13", "tenure": "Developing", "return": 0.0149, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-20", "end": "2024-10-11", "tenure": "New", "return": 0.099464, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-18", "end": "2025-01-03", "tenure": "Developing", "return": -0.122969, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2025-04-11", "tenure": "Established", "return": 0.032458, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": 0.100501, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-06-20", "tenure": "New", "return": -0.045384, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2025-07-04", "tenure": "New", "return": -0.016164, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-11", "end": "2025-07-25", "tenure": "New", "return": 0.037654, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-11-07", "tenure": "Established", "return": 0.068367, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2025-12-12", "tenure": "Developing", "return": 0.018158, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-06-26", "tenure": "Extended", "return": 0.147078, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.005621, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 33.638779, "volume": 207572634, "typical_volume": 113988520.65, "trend": 32.372237, "fair_value": 28.223707, "relative_strength": -0.781848, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.985654, "energy": 52.853727, "activity_lines": [ 33.217505, 32.68514, 32.113795, 32.127775 ] }, { "date": "2023-08-25", "close": 34.850063, "volume": 205091763, "typical_volume": 121054666.65, "trend": 32.376022, "fair_value": 28.325996, "relative_strength": 2.703151, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.388587, "energy": 62.596433, "activity_lines": [ 33.824606, 33.173104, 32.394204, 32.287635 ] }, { "date": "2023-09-01", "close": 38.989285, "volume": 259470042, "typical_volume": 131061875.7, "trend": 32.558276, "fair_value": 28.470366, "relative_strength": 13.286354, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 95.956419, "energy": 91.86726, "activity_lines": [ 35.647998, 34.347848, 33.05715, 32.714297 ] }, { "date": "2023-09-08", "close": 42.544632, "volume": 350822988, "typical_volume": 143600253.15, "trend": 32.857629, "fair_value": 28.64192, "relative_strength": 20.384617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.158416, "energy": 98.546565, "activity_lines": [ 38.247268, 36.015751, 34.027732, 33.358578 ] }, { "date": "2023-09-15", "close": 44.7854, "volume": 353708913, "typical_volume": 157809295.95, "trend": 33.209072, "fair_value": 28.831105, "relative_strength": 23.498676, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.577538, "energy": 98.490563, "activity_lines": [ 40.960819, 37.872888, 35.161806, 34.128111 ] }, { "date": "2023-09-22", "close": 42.783646, "volume": 138309510, "typical_volume": 160154435.4, "trend": 33.545521, "fair_value": 29.01602, "relative_strength": 20.348864, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.544748, "energy": 91.211799, "activity_lines": [ 42.234824, 39.119092, 36.042776, 34.745826 ] }, { "date": "2023-09-29", "close": 44.202797, "volume": 164754051, "typical_volume": 163494059.55, "trend": 33.915168, "fair_value": 29.206315, "relative_strength": 23.741509, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.915683, "energy": 91.881152, "activity_lines": [ 43.372221, 40.445113, 37.005628, 35.433392 ] }, { "date": "2023-10-06", "close": 43.560444, "volume": 125691912, "typical_volume": 164110453.5, "trend": 34.253187, "fair_value": 29.393675, "relative_strength": 21.176256, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.242693, "energy": 81.183538, "activity_lines": [ 43.671985, 41.439715, 37.845114, 36.055668 ] }, { "date": "2023-10-13", "close": 47.773083, "volume": 430152738, "typical_volume": 178992325.65, "trend": 34.726276, "fair_value": 29.606349, "relative_strength": 31.208966, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.089708, "energy": 73.834551, "activity_lines": [ 45.071218, 43.00553, 39.025215, 36.927919 ] }, { "date": "2023-10-20", "close": 47.22036, "volume": 264676962, "typical_volume": 185758805.7, "trend": 35.246127, "fair_value": 29.813452, "relative_strength": 29.981345, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.504798, "energy": 70.131491, "activity_lines": [ 45.937647, 44.203248, 40.073208, 37.733989 ] }, { "date": "2023-10-27", "close": 46.129856, "volume": 164555313, "typical_volume": 189146698.35, "trend": 35.698494, "fair_value": 30.016269, "relative_strength": 29.188455, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.681955, "energy": 65.000106, "activity_lines": [ 46.278244, 44.947795, 40.943843, 38.436165 ] }, { "date": "2023-11-03", "close": 47.638634, "volume": 117040944, "typical_volume": 189860386.35, "trend": 36.206505, "fair_value": 30.2198, "relative_strength": 31.152527, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.191044, "energy": 66.995159, "activity_lines": [ 46.898686, 45.739554, 41.887988, 39.206497 ] }, { "date": "2023-11-10", "close": 50.402245, "volume": 182914191, "typical_volume": 193602680.25, "trend": 36.803718, "fair_value": 30.438513, "relative_strength": 36.19934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.825087, "energy": 69.323449, "activity_lines": [ 48.211275, 46.801269, 43.017202, 40.122351 ] }, { "date": "2023-11-17", "close": 50.461994, "volume": 222693198, "typical_volume": 199406018.25, "trend": 37.417029, "fair_value": 30.656707, "relative_strength": 33.110412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.675714, "energy": 67.431558, "activity_lines": [ 49.087662, 47.666339, 44.057617, 41.00353 ] }, { "date": "2023-11-24", "close": 51.7467, "volume": 214549248, "typical_volume": 205200620.85, "trend": 38.086299, "fair_value": 30.879813, "relative_strength": 34.97286, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.935054, "energy": 68.623606, "activity_lines": [ 50.213022, 48.62104, 45.125541, 41.928025 ] }, { "date": "2023-12-01", "close": 54.390804, "volume": 197466549, "typical_volume": 205436790.9, "trend": 38.846138, "fair_value": 31.108096, "relative_strength": 37.368314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.076221, "energy": 80.180027, "activity_lines": [ 51.917995, 49.929918, 46.347451, 42.979929 ] }, { "date": "2023-12-08", "close": 54.853897, "volume": 141637725, "typical_volume": 207499091.7, "trend": 39.636493, "fair_value": 31.33484, "relative_strength": 32.921799, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.350887, "energy": 85.105488, "activity_lines": [ 53.226602, 51.111955, 47.511519, 44.012687 ] }, { "date": "2023-12-15", "close": 58.244911, "volume": 196517691, "typical_volume": 212667869.55, "trend": 40.550098, "fair_value": 31.577858, "relative_strength": 36.858779, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.676574, "energy": 93.40606, "activity_lines": [ 55.18453, 52.716884, 48.891609, 45.21323 ] }, { "date": "2023-12-22", "close": 58.37936, "volume": 213301302, "typical_volume": 213736597.65, "trend": 41.459914, "fair_value": 31.824386, "relative_strength": 36.586394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.881468, "energy": 89.866961, "activity_lines": [ 56.66443, 54.079268, 50.163578, 46.363505 ] }, { "date": "2023-12-29", "close": 62.636806, "volume": 273415620, "typical_volume": 221217164.7, "trend": 42.488296, "fair_value": 32.094824, "relative_strength": 42.652767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.29379, "energy": 91.071247, "activity_lines": [ 59.035653, 56.022891, 51.720427, 47.729757 ] }, { "date": "2024-01-05", "close": 66.535744, "volume": 308583372, "typical_volume": 226267701.6, "trend": 43.659776, "fair_value": 32.379948, "relative_strength": 50.051212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.657864, "energy": 91.220144, "activity_lines": [ 61.980516, 58.395114, 53.508433, 49.281205 ] }, { "date": "2024-01-12", "close": 63.144718, "volume": 185634855, "typical_volume": 225294856.2, "trend": 44.723574, "fair_value": 32.647559, "relative_strength": 40.124995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.631431, "energy": 79.044233, "activity_lines": [ 62.985374, 59.77977, 54.816832, 50.538298 ] }, { "date": "2024-01-19", "close": 62.995338, "volume": 233339127, "typical_volume": 223988310.45, "trend": 45.804769, "fair_value": 32.92531, "relative_strength": 40.351712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.056422, "energy": 67.781962, "activity_lines": [ 63.387718, 60.855337, 55.976267, 51.717121 ] }, { "date": "2024-01-26", "close": 64.877571, "volume": 167740377, "typical_volume": 214834179.9, "trend": 46.949192, "fair_value": 33.222674, "relative_strength": 44.941334, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.272354, "energy": 68.481135, "activity_lines": [ 64.100777, 62.044163, 57.200648, 52.947625 ] }, { "date": "2024-02-02", "close": 70.374908, "volume": 262679169, "typical_volume": 210282692.7, "trend": 48.254968, "fair_value": 33.543054, "relative_strength": 51.747814, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.879856, "energy": 72.73603, "activity_lines": [ 66.213068, 63.970404, 58.842238, 54.458961 ] }, { "date": "2024-02-09", "close": 72.152588, "volume": 272472447, "typical_volume": 216990839.55, "trend": 49.560653, "fair_value": 33.878942, "relative_strength": 54.089585, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.599653, "energy": 72.922173, "activity_lines": [ 68.402045, 65.881164, 60.531276, 56.000743 ] }, { "date": "2024-02-16", "close": 73.004082, "volume": 388718037, "typical_volume": 228189038.85, "trend": 50.914178, "fair_value": 34.214035, "relative_strength": 52.170379, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.666133, "energy": 71.096096, "activity_lines": [ 70.500398, 67.6238, 62.161556, 57.513222 ] }, { "date": "2024-02-23", "close": 71.196526, "volume": 261512166, "typical_volume": 234980051.55, "trend": 52.192372, "fair_value": 34.527346, "relative_strength": 45.538844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.110933, "energy": 66.156035, "activity_lines": [ 71.338941, 68.707786, 63.482539, 58.821761 ] }, { "date": "2024-03-01", "close": 70.762245, "volume": 703042512, "typical_volume": 248624540.25, "trend": 53.449279, "fair_value": 34.831226, "relative_strength": 42.238058, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.387339, "energy": 64.679802, "activity_lines": [ 71.485977, 69.477328, 64.630562, 60.019817 ] }, { "date": "2024-03-08", "close": 73.135788, "volume": 176004375, "typical_volume": 244190910.9, "trend": 54.78044, "fair_value": 35.148969, "relative_strength": 44.337004, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.557009, "energy": 62.877937, "activity_lines": [ 72.031883, 70.45328, 65.895164, 61.289915 ] }, { "date": "2024-03-15", "close": 60.747421, "volume": 321848151, "typical_volume": 252055552.8, "trend": 55.684062, "fair_value": 35.388144, "relative_strength": 21.622609, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.04458, "energy": 33.938682, "activity_lines": [ 68.264275, 68.985911, 65.856515, 61.674881 ] }, { "date": "2024-03-22", "close": 62.385925, "volume": 301711953, "typical_volume": 261289103.25, "trend": 56.601924, "fair_value": 35.633562, "relative_strength": 23.486106, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.838258, "energy": 22.20362, "activity_lines": [ 65.803179, 67.921694, 65.904307, 62.107259 ] }, { "date": "2024-03-29", "close": 61.788715, "volume": 101069472, "typical_volume": 257196867.3, "trend": 57.361905, "fair_value": 35.86089, "relative_strength": 20.141943, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.342948, "energy": 23.43555, "activity_lines": [ 63.850891, 66.76269, 65.824996, 62.441891 ] }, { "date": "2024-04-05", "close": 66.734879, "volume": 219373851, "typical_volume": 257030899.95, "trend": 58.168246, "fair_value": 36.111637, "relative_strength": 27.487084, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.485035, "energy": 26.149365, "activity_lines": [ 64.174511, 66.524927, 66.162527, 63.046599 ] }, { "date": "2024-04-12", "close": 73.166412, "volume": 290932524, "typical_volume": 260850063.75, "trend": 59.11428, "fair_value": 36.406963, "relative_strength": 38.108302, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.287266, "energy": 24.533271, "activity_lines": [ 66.910466, 67.422764, 67.035095, 64.014223 ] }, { "date": "2024-04-19", "close": 72.171066, "volume": 207225852, "typical_volume": 261338028.9, "trend": 60.093861, "fair_value": 36.700601, "relative_strength": 36.909177, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.187147, "energy": 37.776499, "activity_lines": [ 69.312598, 68.088874, 67.71087, 64.856596 ] }, { "date": "2024-04-26", "close": 79.00074, "volume": 261075501, "typical_volume": 267309917.7, "trend": 61.253792, "fair_value": 37.017177, "relative_strength": 45.952646, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.082262, "energy": 70.199149, "activity_lines": [ 73.229712, 69.996408, 68.952422, 66.076395 ] }, { "date": "2024-05-03", "close": 82.369637, "volume": 220835826, "typical_volume": 268525824.45, "trend": 62.547432, "fair_value": 37.320001, "relative_strength": 49.516021, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.844661, "energy": 84.272785, "activity_lines": [ 77.162136, 72.407438, 70.399836, 67.438707 ] }, { "date": "2024-05-10", "close": 78.219772, "volume": 235751616, "typical_volume": 269648340.15, "trend": 63.562321, "fair_value": 37.595004, "relative_strength": 42.625453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.888285, "energy": 77.340091, "activity_lines": [ 78.339211, 73.860799, 71.337146, 68.449826 ] }, { "date": "2024-05-17", "close": 84.727875, "volume": 168383157, "typical_volume": 264396717.0, "trend": 64.812572, "fair_value": 37.923367, "relative_strength": 49.268557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.403772, "energy": 84.780152, "activity_lines": [ 80.919995, 76.361861, 72.799796, 69.815346 ] }, { "date": "2024-05-24", "close": 82.048065, "volume": 161609763, "typical_volume": 257048036.55, "trend": 66.009846, "fair_value": 38.230833, "relative_strength": 39.445996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.318328, "energy": 75.214088, "activity_lines": [ 81.836744, 78.164919, 73.902031, 70.927313 ] }, { "date": "2024-05-31", "close": 79.674522, "volume": 221376633, "typical_volume": 258835125.45, "trend": 67.077708, "fair_value": 38.505959, "relative_strength": 36.114616, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.09074, "energy": 52.021212, "activity_lines": [ 81.303845, 79.14914, 74.704346, 71.808905 ] }, { "date": "2024-06-07", "close": 79.169182, "volume": 248760579, "typical_volume": 259606198.05, "trend": 68.036606, "fair_value": 38.789303, "relative_strength": 29.207234, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.538274, "energy": 43.207123, "activity_lines": [ 80.557581, 79.727143, 75.37982, 72.589 ] }, { "date": "2024-06-14", "close": 81.894928, "volume": 108120723, "typical_volume": 256625215.35, "trend": 69.084371, "fair_value": 39.097068, "relative_strength": 30.904323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.778396, "energy": 41.50498, "activity_lines": [ 80.933263, 80.484727, 76.237871, 73.483085 ] }, { "date": "2024-06-21", "close": 82.599342, "volume": 135107202, "typical_volume": 250246617.0, "trend": 70.112792, "fair_value": 39.409896, "relative_strength": 30.069373, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.814781, "energy": 39.098201, "activity_lines": [ 81.298738, 81.094749, 77.081974, 74.355019 ] }, { "date": "2024-06-28", "close": 75.356201, "volume": 206363232, "typical_volume": 246941156.25, "trend": 70.811639, "fair_value": 39.669956, "relative_strength": 14.881036, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.259921, "energy": 25.355958, "activity_lines": [ 79.391736, 80.216329, 77.178042, 74.693303 ] }, { "date": "2024-07-05", "close": 77.264214, "volume": 261878958, "typical_volume": 240599202.3, "trend": 71.558649, "fair_value": 39.961018, "relative_strength": 15.007941, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.25877, "energy": 20.938926, "activity_lines": [ 78.566863, 79.626908, 77.44057, 75.109599 ] }, { "date": "2024-07-12", "close": 75.420517, "volume": 130698438, "typical_volume": 234058515.9, "trend": 72.13117, "fair_value": 40.22667, "relative_strength": 10.376641, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.421366, "energy": 17.902469, "activity_lines": [ 77.28811, 78.733843, 77.507222, 75.358751 ] }, { "date": "2024-07-19", "close": 70.060905, "volume": 91556106, "typical_volume": 203484195.6, "trend": 72.520554, "fair_value": 40.464304, "relative_strength": 1.561708, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.11505, "energy": 13.128746, "activity_lines": [ 74.472732, 76.992651, 77.04332, 75.225186 ] }, { "date": "2024-07-26", "close": 73.059219, "volume": 134590584, "typical_volume": 201413506.05, "trend": 72.867968, "fair_value": 40.711773, "relative_strength": 3.711435, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.100404, "energy": 16.78549, "activity_lines": [ 73.445726, 75.94495, 76.868312, 75.259938 ] }, { "date": "2024-08-02", "close": 72.250687, "volume": 120554490, "typical_volume": 191348823.0, "trend": 73.058466, "fair_value": 40.957532, "relative_strength": 2.197983, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.254034, "energy": 21.694574, "activity_lines": [ 72.785218, 74.9624, 76.616666, 75.220114 ] }, { "date": "2024-08-09", "close": 67.846603, "volume": 106146687, "typical_volume": 181570559.7, "trend": 73.215196, "fair_value": 41.183105, "relative_strength": -3.351176, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.850971, "energy": 40.786099, "activity_lines": [ 70.863716, 73.357243, 75.890805, 74.883865 ] }, { "date": "2024-08-16", "close": 66.597046, "volume": 188146713, "typical_volume": 185924421.75, "trend": 73.335253, "fair_value": 41.42596, "relative_strength": -6.409524, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.632403, "energy": 48.47066, "activity_lines": [ 69.153536, 71.739945, 75.019936, 74.456887 ] }, { "date": "2024-08-23", "close": 67.917061, "volume": 118192917, "typical_volume": 180865375.05, "trend": 73.436569, "fair_value": 41.675813, "relative_strength": -6.215457, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.332046, "energy": 46.348349, "activity_lines": [ 68.471593, 70.591235, 74.251885, 74.107326 ] }, { "date": "2024-08-30", "close": 68.192688, "volume": 98729061, "typical_volume": 171255201.9, "trend": 73.363828, "fair_value": 41.924508, "relative_strength": -7.798063, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.589369, "energy": 48.638727, "activity_lines": [ 68.024448, 69.746782, 73.504455, 73.769011 ] }, { "date": "2024-09-06", "close": 64.615524, "volume": 135834063, "typical_volume": 167685612.45, "trend": 73.112593, "fair_value": 42.153442, "relative_strength": -11.548811, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.474033, "energy": 60.378021, "activity_lines": [ 66.70935, 68.513875, 72.440028, 73.204605 ] }, { "date": "2024-09-13", "close": 67.589348, "volume": 143911914, "typical_volume": 161827433.1, "trend": 72.932102, "fair_value": 42.407045, "relative_strength": -9.583068, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.816623, "energy": 55.958977, "activity_lines": [ 66.894538, 68.016948, 71.6948, 72.848266 ] }, { "date": "2024-09-20", "close": 65.542015, "volume": 131082060, "typical_volume": 157339744.8, "trend": 72.743618, "fair_value": 42.656544, "relative_strength": -14.004499, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.582884, "energy": 56.115646, "activity_lines": [ 66.414432, 67.323685, 70.808929, 72.371487 ] }, { "date": "2024-09-27", "close": 72.523628, "volume": 267825684, "typical_volume": 158943448.2, "trend": 72.802331, "fair_value": 42.946348, "relative_strength": -6.570298, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.236087, "energy": 30.070468, "activity_lines": [ 68.331865, 68.079416, 70.668104, 72.357294 ] }, { "date": "2024-10-04", "close": 72.949181, "volume": 255690159, "typical_volume": 163308798.3, "trend": 72.796111, "fair_value": 43.236503, "relative_strength": -2.092099, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.031929, "energy": 18.025093, "activity_lines": [ 70.084045, 68.867743, 70.594933, 72.366768 ] }, { "date": "2024-10-11", "close": 72.061066, "volume": 281532702, "typical_volume": 169304945.25, "trend": 73.173232, "fair_value": 43.511275, "relative_strength": -3.380832, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.72085, "energy": 19.696013, "activity_lines": [ 71.223088, 69.496596, 70.493268, 72.319346 ] }, { "date": "2024-10-18", "close": 71.3703, "volume": 145266171, "typical_volume": 165499422.15, "trend": 73.472711, "fair_value": 43.795088, "relative_strength": -4.163592, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.602732, "energy": 21.07409, "activity_lines": [ 71.635505, 70.003302, 70.373374, 72.203027 ] }, { "date": "2024-10-25", "close": 67.173325, "volume": 155005299, "typical_volume": 160811658.15, "trend": 73.652198, "fair_value": 44.051205, "relative_strength": -7.499321, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.51035, "energy": 19.964913, "activity_lines": [ 70.396868, 69.682854, 69.893311, 71.796615 ] }, { "date": "2024-11-01", "close": 68.718277, "volume": 121635765, "typical_volume": 161487410.25, "trend": 73.718312, "fair_value": 44.3182, "relative_strength": -6.063524, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.74978, "energy": 17.385689, "activity_lines": [ 69.56446, 69.63283, 69.61751, 71.478298 ] }, { "date": "2024-11-08", "close": 72.767242, "volume": 269724909, "typical_volume": 168218295.6, "trend": 73.705006, "fair_value": 44.610297, "relative_strength": -0.15256, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.317329, "energy": 9.735639, "activity_lines": [ 70.335397, 70.304413, 69.79007, 71.416939 ] }, { "date": "2024-11-15", "close": 67.472443, "volume": 209843565, "typical_volume": 168392312.25, "trend": 73.548385, "fair_value": 44.87729, "relative_strength": -5.183478, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.470003, "energy": 23.376139, "activity_lines": [ 69.353531, 69.930131, 69.505184, 71.014838 ] }, { "date": "2024-11-22", "close": 68.079941, "volume": 133888776, "typical_volume": 161992803.15, "trend": 73.184358, "fair_value": 45.148055, "relative_strength": -5.968265, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.864365, "energy": 20.751657, "activity_lines": [ 68.880072, 69.61436, 69.315696, 70.662035 ] }, { "date": "2024-11-29", "close": 70.947838, "volume": 131280585, "typical_volume": 162021910.5, "trend": 72.803632, "fair_value": 45.424955, "relative_strength": -3.074036, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.334719, "energy": 13.211773, "activity_lines": [ 69.581936, 69.811105, 69.443076, 70.517743 ] }, { "date": "2024-12-06", "close": 73.596764, "volume": 81259473, "typical_volume": 161507078.85, "trend": 72.649532, "fair_value": 45.716458, "relative_strength": -1.910464, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.40151, "energy": 3.778746, "activity_lines": [ 70.915142, 70.391185, 69.844032, 70.568913 ] }, { "date": "2024-12-13", "close": 72.076485, "volume": 202443171, "typical_volume": 164899708.2, "trend": 72.227819, "fair_value": 45.999799, "relative_strength": -4.405891, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.210265, "energy": 8.902249, "activity_lines": [ 71.416355, 70.675339, 70.083363, 70.531942 ] }, { "date": "2024-12-20", "close": 65.730125, "volume": 237587691, "typical_volume": 170751368.25, "trend": 71.683887, "fair_value": 46.24557, "relative_strength": -8.48903, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.83627, "energy": 13.44419, "activity_lines": [ 69.848165, 69.821476, 69.722959, 70.112736 ] }, { "date": "2024-12-27", "close": 64.129654, "volume": 162532143, "typical_volume": 173570641.05, "trend": 71.165725, "fair_value": 46.480156, "relative_strength": -11.458348, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.476882, "energy": 34.091141, "activity_lines": [ 67.862639, 68.791727, 69.241179, 69.625366 ] }, { "date": "2025-01-03", "close": 62.593956, "volume": 149946873, "typical_volume": 171660649.05, "trend": 70.613217, "fair_value": 46.697812, "relative_strength": -14.019046, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.141039, "energy": 55.804402, "activity_lines": [ 65.628567, 67.614409, 68.630841, 69.072349 ] }, { "date": "2025-01-10", "close": 58.319874, "volume": 123543842, "typical_volume": 171928195.3, "trend": 69.827382, "fair_value": 46.878405, "relative_strength": -17.724046, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.57998, "energy": 76.262227, "activity_lines": [ 62.526726, 65.743245, 67.632511, 68.27923 ] }, { "date": "2025-01-17", "close": 61.641071, "volume": 147374546, "typical_volume": 174360469.55, "trend": 69.128773, "fair_value": 47.088498, "relative_strength": -12.039345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.740334, "energy": 71.75414, "activity_lines": [ 61.55041, 64.664998, 66.996186, 67.751081 ] }, { "date": "2025-01-24", "close": 61.770588, "volume": 145576239, "typical_volume": 174847578.35, "trend": 68.675919, "fair_value": 47.301605, "relative_strength": -11.22539, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.970604, "energy": 70.917015, "activity_lines": [ 61.312961, 63.812593, 66.403394, 67.276359 ] }, { "date": "2025-01-31", "close": 61.150753, "volume": 77510791, "typical_volume": 171527522.2, "trend": 68.138804, "fair_value": 47.49048, "relative_strength": -13.329709, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.912079, "energy": 65.352183, "activity_lines": [ 61.132869, 62.951161, 65.765118, 66.790865 ] }, { "date": "2025-02-07", "close": 61.668831, "volume": 128205816, "typical_volume": 171383710.0, "trend": 67.680415, "fair_value": 47.676387, "relative_strength": -12.396615, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.983887, "energy": 41.891575, "activity_lines": [ 61.324063, 62.30991, 65.206842, 66.373447 ] }, { "date": "2025-02-14", "close": 57.292984, "volume": 93396298, "typical_volume": 162662240.7, "trend": 67.254817, "fair_value": 47.845768, "relative_strength": -15.933857, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.160374, "energy": 48.602695, "activity_lines": [ 60.118317, 61.04176, 64.250263, 65.70329 ] }, { "date": "2025-02-21", "close": 62.658707, "volume": 97342346, "typical_volume": 154744850.05, "trend": 66.908134, "fair_value": 48.051146, "relative_strength": -7.248932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.989457, "energy": 37.569233, "activity_lines": [ 60.769604, 61.045628, 63.877231, 65.406767 ] }, { "date": "2025-02-28", "close": 57.801804, "volume": 68597311, "typical_volume": 144098080.5, "trend": 66.426504, "fair_value": 48.215507, "relative_strength": -11.523975, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.667336, "energy": 42.699702, "activity_lines": [ 59.734081, 60.337655, 63.09064, 64.819262 ] }, { "date": "2025-03-07", "close": 62.103634, "volume": 117775991, "typical_volume": 142723571.5, "trend": 66.235072, "fair_value": 48.394636, "relative_strength": -6.439222, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.079728, "energy": 34.215185, "activity_lines": [ 60.397087, 60.555984, 62.781648, 64.540367 ] }, { "date": "2025-03-14", "close": 59.022968, "volume": 87927771, "typical_volume": 139369695.1, "trend": 65.982602, "fair_value": 48.56237, "relative_strength": -10.391728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.112725, "energy": 32.802726, "activity_lines": [ 59.969679, 60.251029, 62.223387, 64.07507 ] }, { "date": "2025-03-21", "close": 64.615616, "volume": 130417220, "typical_volume": 139808767.85, "trend": 65.872554, "fair_value": 48.757811, "relative_strength": -5.871043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.209693, "energy": 20.256564, "activity_lines": [ 61.582878, 61.027847, 62.23657, 63.986877 ] }, { "date": "2025-03-28", "close": 65.936447, "volume": 121569309, "typical_volume": 132400987.85, "trend": 65.797346, "fair_value": 48.948633, "relative_strength": -4.659386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.08191, "energy": 14.796114, "activity_lines": [ 63.148178, 61.930347, 62.395082, 63.991 ] }, { "date": "2025-04-04", "close": 62.232361, "volume": 107804969, "typical_volume": 127299058.05, "trend": 65.717908, "fair_value": 49.104714, "relative_strength": -7.449948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.042247, "energy": 16.173745, "activity_lines": [ 63.260267, 62.081279, 62.233352, 63.761 ] }, { "date": "2025-04-11", "close": 60.21283, "volume": 131687701, "typical_volume": 127189004.3, "trend": 65.472024, "fair_value": 49.257384, "relative_strength": -9.794325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.956481, "energy": 18.660422, "activity_lines": [ 62.403809, 61.856628, 61.904239, 63.405834 ] }, { "date": "2025-04-18", "close": 63.045925, "volume": 52035462, "typical_volume": 123226748.15, "trend": 65.388821, "fair_value": 49.42919, "relative_strength": -9.233977, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.852637, "energy": 10.188764, "activity_lines": [ 62.617769, 62.164139, 61.882407, 63.249312 ] }, { "date": "2025-04-25", "close": 62.165367, "volume": 135255160, "typical_volume": 125926532.5, "trend": 65.043545, "fair_value": 49.604052, "relative_strength": -10.647214, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.648959, "energy": 14.819965, "activity_lines": [ 62.270013, 62.286509, 61.81434, 63.041347 ] }, { "date": "2025-05-02", "close": 62.404644, "volume": 66497941, "typical_volume": 119129271.0, "trend": 64.692061, "fair_value": 49.791862, "relative_strength": -10.782528, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.807879, "energy": 15.059396, "activity_lines": [ 62.165366, 62.363796, 61.823497, 62.871095 ] }, { "date": "2025-05-09", "close": 61.533669, "volume": 83282304, "typical_volume": 111414001.65, "trend": 64.341147, "fair_value": 49.99685, "relative_strength": -10.195425, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.872178, "energy": 13.971037, "activity_lines": [ 62.005847, 62.287343, 61.79576, 62.667328 ] }, { "date": "2025-05-16", "close": 67.257278, "volume": 116990423, "typical_volume": 109136915.65, "trend": 64.204047, "fair_value": 50.224119, "relative_strength": -5.119164, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.982132, "energy": 7.804796, "activity_lines": [ 63.800777, 63.183695, 62.333111, 62.855466 ] }, { "date": "2025-05-23", "close": 69.382095, "volume": 120635552, "typical_volume": 107671349.6, "trend": 64.277672, "fair_value": 50.494938, "relative_strength": -0.939335, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.846658, "energy": 39.230116, "activity_lines": [ 65.83435, 64.372674, 63.057933, 63.189533 ] }, { "date": "2025-05-30", "close": 68.11869, "volume": 116834212, "typical_volume": 107335868.1, "trend": 64.257686, "fair_value": 50.755014, "relative_strength": -1.815261, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.204568, "energy": 50.293223, "activity_lines": [ 67.024376, 65.143595, 63.630106, 63.437341 ] }, { "date": "2025-06-06", "close": 69.382095, "volume": 108845006, "typical_volume": 105409391.1, "trend": 64.144848, "fair_value": 51.03342, "relative_strength": -0.577719, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.575718, "energy": 60.293056, "activity_lines": [ 68.23865, 66.080534, 64.275943, 63.767948 ] }, { "date": "2025-06-13", "close": 67.352997, "volume": 116577726, "typical_volume": 103959465.45, "trend": 64.140866, "fair_value": 51.313992, "relative_strength": -1.857255, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.229693, "energy": 54.598992, "activity_lines": [ 68.311394, 66.585898, 64.69167, 63.974925 ] }, { "date": "2025-06-20", "close": 65.027176, "volume": 89496387, "typical_volume": 104558745.25, "trend": 64.039108, "fair_value": 51.581117, "relative_strength": -6.130585, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.486113, "energy": 34.698869, "activity_lines": [ 67.220909, 66.575283, 64.859307, 64.032106 ] }, { "date": "2025-06-27", "close": 66.91272, "volume": 93050970, "typical_volume": 102801002.95, "trend": 63.904604, "fair_value": 51.857406, "relative_strength": -5.038296, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.682272, "energy": 30.786661, "activity_lines": [ 66.907612, 66.81996, 65.188061, 64.217501 ] }, { "date": "2025-07-04", "close": 65.831161, "volume": 136001863, "typical_volume": 104931281.2, "trend": 63.64575, "fair_value": 52.127736, "relative_strength": -5.533892, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.534846, "energy": 19.875003, "activity_lines": [ 66.39842, 66.797685, 65.388838, 64.341795 ] }, { "date": "2025-07-11", "close": 66.089592, "volume": 92168672, "typical_volume": 104672597.5, "trend": 63.446187, "fair_value": 52.41232, "relative_strength": -3.685023, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.170633, "energy": 18.563983, "activity_lines": [ 66.127874, 66.755747, 65.57357, 64.499462 ] }, { "date": "2025-07-18", "close": 68.377121, "volume": 170421204, "typical_volume": 109763792.15, "trend": 63.53442, "fair_value": 52.705791, "relative_strength": 0.456029, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.979162, "energy": 24.906218, "activity_lines": [ 66.839338, 67.062724, 65.959824, 64.817587 ] }, { "date": "2025-07-25", "close": 68.578117, "volume": 130571382, "typical_volume": 110403561.7, "trend": 63.682702, "fair_value": 52.995331, "relative_strength": 1.413603, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 56.792954, "energy": 31.964092, "activity_lines": [ 67.549526, 67.281819, 66.314862, 65.142987 ] }, { "date": "2025-08-01", "close": 67.439133, "volume": 67247705, "typical_volume": 109369558.4, "trend": 63.844208, "fair_value": 53.273253, "relative_strength": 0.958848, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.342203, "energy": 30.596929, "activity_lines": [ 67.643323, 67.269812, 66.530594, 65.385337 ] }, { "date": "2025-08-08", "close": 68.022987, "volume": 69192478, "typical_volume": 106308321.3, "trend": 64.167645, "fair_value": 53.546567, "relative_strength": 2.67181, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.978384, "energy": 34.833287, "activity_lines": [ 67.896643, 67.399286, 66.761854, 65.654936 ] }, { "date": "2025-08-15", "close": 67.352562, "volume": 85479647, "typical_volume": 104503838.2, "trend": 64.358028, "fair_value": 53.816835, "relative_strength": 0.539038, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.424937, "energy": 29.386664, "activity_lines": [ 67.780367, 67.408604, 66.913039, 65.860414 ] }, { "date": "2025-08-22", "close": 68.090141, "volume": 86497229, "typical_volume": 103438451.2, "trend": 64.56868, "fair_value": 54.082157, "relative_strength": 0.662834, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.311978, "energy": 27.713702, "activity_lines": [ 67.825753, 67.588929, 67.127726, 66.101195 ] }, { "date": "2025-08-29", "close": 66.770264, "volume": 62199241, "typical_volume": 99964028.2, "trend": 64.755997, "fair_value": 54.34034, "relative_strength": 0.480565, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.753133, "energy": 19.77921, "activity_lines": [ 67.450312, 67.515873, 67.188817, 66.243233 ] }, { "date": "2025-09-05", "close": 72.331215, "volume": 126192844, "typical_volume": 103671897.3, "trend": 65.11141, "fair_value": 54.631456, "relative_strength": 7.221726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.443056, "energy": 41.195107, "activity_lines": [ 69.049044, 68.422206, 67.748296, 66.731957 ] }, { "date": "2025-09-12", "close": 74.213982, "volume": 124017378, "typical_volume": 103110008.2, "trend": 65.675443, "fair_value": 54.93297, "relative_strength": 8.157892, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.760576, "energy": 69.064756, "activity_lines": [ 70.949227, 69.572343, 68.44287, 67.31922 ] }, { "date": "2025-09-19", "close": 74.272209, "volume": 84728667, "typical_volume": 104021544.5, "trend": 66.06256, "fair_value": 55.23103, "relative_strength": 7.037453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.959156, "energy": 77.209761, "activity_lines": [ 72.456086, 70.580652, 69.085615, 67.87385 ] }, { "date": "2025-09-26", "close": 72.777641, "volume": 124600571, "typical_volume": 106087457.85, "trend": 66.561755, "fair_value": 55.519718, "relative_strength": 7.60666, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.683935, "energy": 76.475537, "activity_lines": [ 73.003445, 71.168446, 69.529509, 68.307081 ] }, { "date": "2025-10-03", "close": 74.825394, "volume": 95405632, "typical_volume": 105008218.3, "trend": 66.985813, "fair_value": 55.811649, "relative_strength": 9.501118, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.746953, "energy": 79.319385, "activity_lines": [ 73.920889, 72.048549, 70.114884, 68.840219 ] }, { "date": "2025-10-10", "close": 74.854507, "volume": 105265609, "typical_volume": 104239721.15, "trend": 67.513531, "fair_value": 56.107246, "relative_strength": 7.793614, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.610505, "energy": 72.63266, "activity_lines": [ 74.311029, 72.820359, 70.666992, 69.347876 ] }, { "date": "2025-10-17", "close": 72.700005, "volume": 62493218, "typical_volume": 101522671.45, "trend": 67.783011, "fair_value": 56.391817, "relative_strength": 2.994104, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.807811, "energy": 48.489609, "activity_lines": [ 73.814782, 73.065617, 70.987852, 69.682488 ] }, { "date": "2025-10-24", "close": 72.001244, "volume": 50382828, "typical_volume": 98599562.55, "trend": 67.985171, "fair_value": 56.670537, "relative_strength": 1.657379, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.526576, "energy": 40.523477, "activity_lines": [ 73.186546, 73.09879, 71.220346, 69.954632 ] }, { "date": "2025-10-31", "close": 73.554039, "volume": 86481203, "typical_volume": 97094736.4, "trend": 68.36256, "fair_value": 56.939742, "relative_strength": 4.121226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.51715, "energy": 32.177132, "activity_lines": [ 73.227306, 73.329768, 71.588254, 70.313913 ] }, { "date": "2025-11-07", "close": 72.049767, "volume": 57325689, "typical_volume": 95486201.5, "trend": 68.757125, "fair_value": 57.195681, "relative_strength": 3.046166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.412347, "energy": 23.38173, "activity_lines": [ 72.714883, 73.187898, 71.783369, 70.551798 ] }, { "date": "2025-11-14", "close": 74.291626, "volume": 149972768, "typical_volume": 98332291.4, "trend": 69.131981, "fair_value": 57.470701, "relative_strength": 4.539291, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.322041, "energy": 27.069954, "activity_lines": [ 73.134787, 73.357648, 72.158553, 70.908862 ] }, { "date": "2025-11-21", "close": 71.341309, "volume": 87957004, "typical_volume": 95930048.45, "trend": 69.437846, "fair_value": 57.713768, "relative_strength": -0.143401, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.615887, "energy": 20.479795, "activity_lines": [ 72.608778, 72.955333, 72.217617, 71.0514 ] }, { "date": "2025-11-28", "close": 71.739204, "volume": 74453346, "typical_volume": 95044282.15, "trend": 69.748998, "fair_value": 57.956489, "relative_strength": 0.03895, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.424331, "energy": 15.419744, "activity_lines": [ 72.30598, 72.677593, 72.288337, 71.199874 ] }, { "date": "2025-12-05", "close": 74.204277, "volume": 97203511, "typical_volume": 91383397.5, "trend": 70.171352, "fair_value": 58.210936, "relative_strength": 3.649889, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.367371, "energy": 23.480673, "activity_lines": [ 72.842343, 72.894103, 72.566923, 71.487312 ] }, { "date": "2025-12-12", "close": 75.640617, "volume": 60919459, "typical_volume": 87900801.35, "trend": 70.450796, "fair_value": 58.472055, "relative_strength": 6.226557, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.465621, "energy": 31.414295, "activity_lines": [ 73.814137, 73.345826, 72.954555, 71.840168 ] }, { "date": "2025-12-19", "close": 74.048996, "volume": 59640692, "typical_volume": 87520450.7, "trend": 70.60636, "fair_value": 58.744704, "relative_strength": 4.266208, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.10413, "energy": 31.941814, "activity_lines": [ 74.016, 73.493342, 73.156973, 72.07231 ] }, { "date": "2025-12-26", "close": 80.172836, "volume": 148648347, "typical_volume": 91493244.15, "trend": 71.008164, "fair_value": 59.035782, "relative_strength": 12.255673, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.717497, "energy": 68.434409, "activity_lines": [ 76.275318, 74.768929, 73.911139, 72.689502 ] }, { "date": "2026-01-02", "close": 82.036194, "volume": 167659542, "typical_volume": 95602238.9, "trend": 71.429968, "fair_value": 59.341067, "relative_strength": 13.212333, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.227993, "energy": 79.632364, "activity_lines": [ 78.566988, 76.247439, 74.78491, 73.400987 ] }, { "date": "2026-01-09", "close": 78.105682, "volume": 197909882, "typical_volume": 101172871.55, "trend": 71.788391, "fair_value": 59.604315, "relative_strength": 10.071441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.403289, "energy": 68.696948, "activity_lines": [ 78.86202, 76.828856, 75.214426, 73.831679 ] }, { "date": "2026-01-16", "close": 80.298996, "volume": 86029615, "typical_volume": 102364390.25, "trend": 72.297451, "fair_value": 59.888232, "relative_strength": 12.746006, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.037705, "energy": 71.878905, "activity_lines": [ 79.628064, 77.7263, 75.805135, 74.38075 ] }, { "date": "2026-01-23", "close": 74.107224, "volume": 95623457, "typical_volume": 100835920.9, "trend": 72.537268, "fair_value": 60.140608, "relative_strength": 6.52494, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.572646, "energy": 37.57188, "activity_lines": [ 78.019625, 77.347982, 75.741729, 74.497509 ] }, { "date": "2026-01-30", "close": 78.81414, "volume": 176469861, "typical_volume": 103458545.05, "trend": 72.970034, "fair_value": 60.430945, "relative_strength": 11.6784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.858249, "energy": 30.647557, "activity_lines": [ 77.976276, 77.82882, 76.118143, 74.902469 ] }, { "date": "2026-02-06", "close": 81.599472, "volume": 191989287, "typical_volume": 108821576.05, "trend": 73.48703, "fair_value": 60.738864, "relative_strength": 13.509125, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.738517, "energy": 35.659932, "activity_lines": [ 78.951951, 78.680212, 76.737922, 75.459207 ] }, { "date": "2026-02-13", "close": 79.43, "volume": 170186331, "typical_volume": 111100864.05, "trend": 73.855459, "fair_value": 61.02853, "relative_strength": 10.984128, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.560564, "energy": 29.148348, "activity_lines": [ 79.233583, 78.957877, 77.116193, 75.842624 ] }, { "date": "2026-02-20", "close": 80.129997, "volume": 92379356, "typical_volume": 110949550.25, "trend": 74.240522, "fair_value": 61.332632, "relative_strength": 11.230673, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.591289, "energy": 35.921197, "activity_lines": [ 79.66026, 79.267801, 77.529452, 76.247433 ] }, { "date": "2026-02-27", "close": 81.739998, "volume": 119485934, "typical_volume": 111660566.5, "trend": 74.717218, "fair_value": 61.644341, "relative_strength": 14.738328, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.302313, "energy": 43.924042, "activity_lines": [ 80.634871, 79.788827, 78.070784, 76.73127 ] }, { "date": "2026-03-06", "close": 79.790001, "volume": 106963838, "typical_volume": 113884097.5, "trend": 75.109451, "fair_value": 61.941585, "relative_strength": 14.938714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.711527, "energy": 32.225075, "activity_lines": [ 80.450631, 79.815472, 78.393615, 77.058547 ] }, { "date": "2026-03-13", "close": 78.589996, "volume": 101608774, "typical_volume": 116445394.8, "trend": 75.484032, "fair_value": 62.230108, "relative_strength": 18.95215, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.632579, "energy": 27.061345, "activity_lines": [ 79.801331, 79.630895, 78.568397, 77.283098 ] }, { "date": "2026-03-20", "close": 79.779999, "volume": 117213810, "typical_volume": 117982025.15, "trend": 75.873694, "fair_value": 62.538795, "relative_strength": 20.389371, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.300207, "energy": 24.594264, "activity_lines": [ 79.749332, 79.72534, 78.825138, 77.560257 ] }, { "date": "2026-03-27", "close": 77.199997, "volume": 105592399, "typical_volume": 120395360.65, "trend": 76.221352, "fair_value": 62.824956, "relative_strength": 17.54464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.015414, "energy": 14.08527, "activity_lines": [ 78.813998, 79.320251, 78.806517, 77.645825 ] }, { "date": "2026-04-03", "close": 78.080002, "volume": 74589937, "typical_volume": 116626219.1, "trend": 76.412978, "fair_value": 63.117788, "relative_strength": 18.869617, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.73162, "energy": 14.509689, "activity_lines": [ 78.367333, 79.13151, 78.847181, 77.765738 ] }, { "date": "2026-04-10", "close": 85.07, "volume": 138340392, "typical_volume": 119145388.5, "trend": 76.774846, "fair_value": 63.454865, "relative_strength": 21.581631, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.544493, "energy": 29.439462, "activity_lines": [ 80.494666, 80.141444, 79.53552, 78.324255 ] }, { "date": "2026-04-17", "close": 89.779999, "volume": 132540300, "typical_volume": 122049736.2, "trend": 77.291772, "fair_value": 63.824848, "relative_strength": 25.849075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.470152, "energy": 59.696417, "activity_lines": [ 83.84, 81.893999, 80.607055, 79.163298 ] }, { "date": "2026-04-24", "close": 89.290001, "volume": 133079063, "typical_volume": 123843513.8, "trend": 77.842184, "fair_value": 64.194216, "relative_strength": 26.592376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.949405, "energy": 72.807507, "activity_lines": [ 86.276, 83.408727, 81.546015, 79.937377 ] }, { "date": "2026-05-01", "close": 90.370003, "volume": 117981977, "typical_volume": 126696639.7, "trend": 78.360338, "fair_value": 64.570975, "relative_strength": 26.599753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.549269, "energy": 80.191771, "activity_lines": [ 88.438001, 84.940546, 82.515995, 80.745623 ] }, { "date": "2026-05-08", "close": 88.800003, "volume": 79156110, "typical_volume": 127672410.6, "trend": 78.825187, "fair_value": 64.94057, "relative_strength": 22.601525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.353426, "energy": 78.722808, "activity_lines": [ 89.198669, 86.000728, 83.266312, 81.41915 ] }, { "date": "2026-05-15", "close": 91.410004, "volume": 132633057, "typical_volume": 126871646.1, "trend": 79.448854, "fair_value": 65.32886, "relative_strength": 28.079717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.013185, "energy": 77.334325, "activity_lines": [ 90.114669, 87.407092, 84.194957, 82.231074 ] }, { "date": "2026-05-22", "close": 87.849998, "volume": 74582590, "typical_volume": 122217798.5, "trend": 79.977146, "fair_value": 65.692739, "relative_strength": 21.989401, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.149675, "energy": 54.317635, "activity_lines": [ 89.421335, 87.95491, 84.731044, 82.773083 ] }, { "date": "2026-05-29", "close": 87.989998, "volume": 107117629, "typical_volume": 117678185.85, "trend": 80.458345, "fair_value": 66.053025, "relative_strength": 22.311254, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.028016, "energy": 41.763677, "activity_lines": [ 88.903334, 88.359819, 85.25278, 83.290041 ] }, { "date": "2026-06-05", "close": 92.900002, "volume": 40684291, "typical_volume": 115410919.65, "trend": 81.153352, "fair_value": 66.447311, "relative_strength": 29.160735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.884877, "energy": 47.630844, "activity_lines": [ 90.108667, 89.508183, 86.195067, 84.092729 ] }, { "date": "2026-06-12", "close": 90.93, "volume": 17620294, "typical_volume": 111510761.5, "trend": 81.707965, "fair_value": 66.829999, "relative_strength": 24.178349, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.825982, "energy": 41.795992, "activity_lines": [ 90.488667, 90.01291, 86.889729, 84.72348 ] }, { "date": "2026-06-19", "close": 88.419998, "volume": 20685578, "typical_volume": 103721547.35, "trend": 82.277254, "fair_value": 67.200899, "relative_strength": 17.988582, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.34782, "energy": 38.175423, "activity_lines": [ 89.889999, 89.827637, 87.265236, 85.156515 ] }, { "date": "2026-06-26", "close": 84.940002, "volume": 0, "typical_volume": 94122083.0, "trend": 82.717281, "fair_value": 67.549586, "relative_strength": 12.504199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.16226, "energy": 25.841039, "activity_lines": [ 88.330667, 88.948728, 87.263572, 85.328305 ] }, { "date": "2026-07-03", "close": 85.400002, "volume": 13887336, "typical_volume": 86307133.25, "trend": 83.090472, "fair_value": 67.897011, "relative_strength": 11.474851, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.879454, "energy": 18.418777, "activity_lines": [ 87.118668, 88.241455, 87.28981, 85.501383 ] }, { "date": "2026-07-10", "close": 84.919998, "volume": 70726024, "typical_volume": 85224466.65, "trend": 83.399785, "fair_value": 68.229947, "relative_strength": 10.548251, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.302656, "energy": 19.991223, "activity_lines": [ 85.919333, 87.517636, 87.241905, 85.619417 ] }, { "date": "2026-07-17", "close": 83.220001, "volume": 96999038, "typical_volume": 84100121.85, "trend": 83.705485, "fair_value": 68.555727, "relative_strength": 7.3249, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.197919, "energy": 20.369746, "activity_lines": [ 84.685334, 86.583818, 87.009286, 85.607818 ] }, { "date": "2026-07-24", "close": 83.559998, "volume": 76290499, "typical_volume": 82566454.9, "trend": 83.81839, "fair_value": 68.880787, "relative_strength": 9.833326, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.429001, "energy": 20.194521, "activity_lines": [ 84.078666, 85.813273, 86.802, 85.598432 ] }, { "date": "2026-07-31", "close": 85.040001, "volume": 77539596, "typical_volume": 81362996.0, "trend": 83.918517, "fair_value": 69.214024, "relative_strength": 8.470408, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.534349, "energy": 17.323517, "activity_lines": [ 84.289333, 85.454545, 86.717715, 85.677246 ] }, { "date": "2026-08-07", "close": 84.919998, "volume": 94002952, "typical_volume": 80202453.1, "trend": 84.145661, "fair_value": 69.545556, "relative_strength": 7.067449, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.007713, "energy": 17.603811, "activity_lines": [ 84.453333, 85.125091, 86.591286, 85.741858 ] } ], "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." } } }