{ "ticker": { "uuid": "507a761d-f222-4ae8-b3a5-b6774183da24", "symbol": "IGARASHI", "name": "Igarashi Motors India Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 79.439, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 61.98, "architecture_energy": 45.349, "architecture_maturity": 51.219, "architecture_confidence": 65.941, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 26.49, "rotation_up": 46.0, "upward_expansion": 73.65, "deceleration": 70.02, "rotation_down": 26.27, "downward_expansion": 11.65 }, "activity_lines": [ 458.699483, 456.443876, 429.843993, 408.213148 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 465.149994, "trend_reference": 388.332251, "distance_from_trend": 0.197814, "trend_direction": "Weakening", "fair_value": 519.388175, "distance_from_fair_value": -0.104427, "fair_value_direction": "Improving", "relative_strength": 9.614483, "relative_strength_direction": "Improving", "price_momentum": 0.174028, "excess_performance": 0.217737, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.197814, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.00834, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.104427, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.064068, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.096145, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.095533, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.174028, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.528629, "read": "Demand-led" } ], "volume": { "latest": 8638729, "relative_activity": 9.342908, "balance": 3.528629, "dry_up": 2.544488, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.082789, "annualized_volatility": 0.449564, "from_high_reference": -0.166398, "from_low_reference": 0.716104 }, "levels": { "trend_reference": 388.332251, "fair_value_reference": 519.388175, "structural_low": 271.049988, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": -0.025867, "positive_rate": 0.388889, "directional_follow_through": 0.388889, "median_excess_return": -0.052283, "regime_survival": 0.611111, "best_return": 0.223602, "worst_return": -0.127327, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.046289, "positive_rate": 0.285714, "directional_follow_through": 0.285714, "median_excess_return": -0.086154, "regime_survival": 0.428571, "best_return": 0.233821, "worst_return": -0.156089, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.014279, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.147278, "regime_survival": 0.0, "best_return": 0.041235, "worst_return": -0.187157, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.088563, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.225979, "regime_survival": 0.5, "best_return": 0.443764, "worst_return": -0.480156, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-09", "end": "2024-10-04", "tenure": "Developing", "return": -0.014492, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-11", "end": "2024-11-01", "tenure": "New", "return": 0.15775, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2025-01-03", "tenure": "Developing", "return": -0.035158, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-10", "end": "2025-01-31", "tenure": "New", "return": -0.027045, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-07", "end": "2025-02-21", "tenure": "New", "return": -0.095458, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-28", "end": "2025-07-04", "tenure": "Established", "return": 0.027746, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-11", "end": "2025-07-18", "tenure": "New", "return": 0.187021, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-15", "tenure": "New", "return": -0.170718, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-22", "end": "2025-11-28", "tenure": "Established", "return": -0.04998, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-05", "end": "2026-05-08", "tenure": "Established", "return": -0.00149, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-15", "end": "2026-05-29", "tenure": "New", "return": -0.045159, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-06-26", "tenure": "New", "return": 0.283488, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-03", "end": "2026-07-10", "tenure": "New", "return": -0.037367, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.020146, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 504.148254, "volume": 301927, "typical_volume": 601725.0, "trend": 424.873005, "fair_value": 397.607941, "relative_strength": 13.264699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.07828, "energy": 66.66206, "activity_lines": [ 522.000673, 506.68398, 480.552092, 453.765635 ] }, { "date": "2023-08-25", "close": 554.399048, "volume": 477966, "typical_volume": 619835.1, "trend": 429.993476, "fair_value": 399.124786, "relative_strength": 23.697686, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.532261, "energy": 72.322043, "activity_lines": [ 534.593636, 516.978547, 490.426707, 462.122154 ] }, { "date": "2023-09-01", "close": 580.593018, "volume": 1222918, "typical_volume": 676773.8, "trend": 435.851485, "fair_value": 400.927674, "relative_strength": 27.444522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.307977, "energy": 63.496505, "activity_lines": [ 550.492285, 530.756172, 501.910468, 471.838254 ] }, { "date": "2023-09-08", "close": 652.216614, "volume": 2240090, "typical_volume": 777012.7, "trend": 444.325144, "fair_value": 403.21436, "relative_strength": 39.613859, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.762918, "energy": 78.292667, "activity_lines": [ 585.868319, 555.967396, 519.244251, 485.797294 ] }, { "date": "2023-09-15", "close": 616.877014, "volume": 546000, "typical_volume": 799473.45, "trend": 451.615857, "fair_value": 405.246603, "relative_strength": 28.96314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.827698, "energy": 76.301683, "activity_lines": [ 603.198462, 571.657371, 531.790173, 496.929673 ] }, { "date": "2023-09-22", "close": 608.526794, "volume": 312372, "typical_volume": 809152.9, "trend": 460.304987, "fair_value": 407.389907, "relative_strength": 29.879222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.240775, "energy": 72.268876, "activity_lines": [ 612.158463, 583.189991, 542.342922, 507.052959 ] }, { "date": "2023-09-29", "close": 613.447449, "volume": 278926, "typical_volume": 727855.65, "trend": 468.822456, "fair_value": 409.501012, "relative_strength": 30.496652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.723456, "energy": 61.546173, "activity_lines": [ 615.800114, 592.985649, 552.258596, 516.933118 ] }, { "date": "2023-10-06", "close": 616.181152, "volume": 243022, "typical_volume": 720429.6, "trend": 476.786141, "fair_value": 411.652156, "relative_strength": 30.344722, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.446149, "energy": 54.351978, "activity_lines": [ 616.416439, 600.725018, 561.474623, 526.440131 ] }, { "date": "2023-10-13", "close": 610.216675, "volume": 233892, "typical_volume": 705096.15, "trend": 485.409233, "fair_value": 413.747941, "relative_strength": 27.752015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.71485, "energy": 46.887408, "activity_lines": [ 612.672062, 605.533657, 569.17699, 535.048552 ] }, { "date": "2023-10-20", "close": 619.859253, "volume": 1133046, "typical_volume": 738339.75, "trend": 494.400045, "fair_value": 415.917272, "relative_strength": 30.199962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.980795, "energy": 43.046987, "activity_lines": [ 614.941874, 611.150212, 576.93789, 543.722747 ] }, { "date": "2023-10-27", "close": 593.168213, "volume": 277856, "typical_volume": 681777.85, "trend": 502.659902, "fair_value": 417.999544, "relative_strength": 27.002879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.134042, "energy": 33.254377, "activity_lines": [ 608.115857, 610.335973, 581.385475, 550.094887 ] }, { "date": "2023-11-03", "close": 580.344543, "volume": 202354, "typical_volume": 674584.65, "trend": 509.723376, "fair_value": 419.931748, "relative_strength": 22.273687, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.495968, "energy": 26.662067, "activity_lines": [ 598.039189, 605.571613, 584.069362, 555.106799 ] }, { "date": "2023-11-10", "close": 578.157593, "volume": 300354, "typical_volume": 648521.55, "trend": 516.441107, "fair_value": 421.797291, "relative_strength": 19.919195, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.681069, "energy": 20.554159, "activity_lines": [ 589.440397, 599.937889, 586.086316, 559.52191 ] }, { "date": "2023-11-17", "close": 543.315002, "volume": 530190, "typical_volume": 663791.8, "trend": 522.766344, "fair_value": 423.120139, "relative_strength": 10.541342, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.2741, "energy": 16.149614, "activity_lines": [ 571.762313, 588.01343, 584.380392, 561.25571 ] }, { "date": "2023-11-24", "close": 512.747009, "volume": 313641, "typical_volume": 669361.5, "trend": 527.680744, "fair_value": 424.319659, "relative_strength": 3.898892, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.880535, "energy": 18.09448, "activity_lines": [ 548.355009, 572.511183, 579.470987, 560.609301 ] }, { "date": "2023-12-01", "close": 541.177795, "volume": 815014, "typical_volume": 699771.65, "trend": 533.175736, "fair_value": 425.687158, "relative_strength": 6.871684, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.7107, "energy": 19.044782, "activity_lines": [ 541.56545, 564.071442, 577.073932, 561.480079 ] }, { "date": "2023-12-08", "close": 524.07959, "volume": 306311, "typical_volume": 682986.7, "trend": 536.916804, "fair_value": 426.900972, "relative_strength": -0.081121, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.410267, "energy": 34.569847, "activity_lines": [ 532.542517, 553.747464, 572.67995, 560.89323 ] }, { "date": "2023-12-15", "close": 522.290222, "volume": 234848, "typical_volume": 605163.75, "trend": 540.406409, "fair_value": 428.083655, "relative_strength": -2.847263, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.914976, "energy": 47.899132, "activity_lines": [ 526.674125, 544.723017, 567.872385, 559.94958 ] }, { "date": "2023-12-22", "close": 513.542297, "volume": 271715, "typical_volume": 566139.45, "trend": 543.202589, "fair_value": 429.270197, "relative_strength": -4.176811, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.456933, "energy": 43.264931, "activity_lines": [ 521.614249, 535.815145, 562.195235, 558.216411 ] }, { "date": "2023-12-29", "close": 515.828735, "volume": 316592, "typical_volume": 527951.7, "trend": 545.134081, "fair_value": 430.433024, "relative_strength": -5.557464, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.018941, "energy": 36.27513, "activity_lines": [ 519.301367, 529.080706, 556.948621, 556.450356 ] }, { "date": "2024-01-05", "close": 550.870056, "volume": 801146, "typical_volume": 552912.65, "trend": 547.520913, "fair_value": 431.666669, "relative_strength": 0.737119, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.89006, "energy": 22.530831, "activity_lines": [ 528.463476, 530.60888, 555.121406, 556.820419 ] }, { "date": "2024-01-12", "close": 554.399048, "volume": 509313, "typical_volume": 554480.0, "trend": 549.86663, "fair_value": 432.964796, "relative_strength": 0.319261, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.66723, "energy": 12.117229, "activity_lines": [ 538.155766, 533.547746, 553.407801, 557.26417 ] }, { "date": "2024-01-19", "close": 513.442932, "volume": 324793, "typical_volume": 509573.75, "trend": 550.541227, "fair_value": 434.198588, "relative_strength": -6.027871, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.767689, "energy": 15.452135, "activity_lines": [ 532.174719, 529.511782, 547.793613, 554.914254 ] }, { "date": "2024-01-26", "close": 540.630981, "volume": 188841, "typical_volume": 407011.3, "trend": 552.497462, "fair_value": 435.647571, "relative_strength": 0.004142, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -9.968111, "energy": 9.18769, "activity_lines": [ 535.846175, 531.59573, 545.088526, 554.274883 ] }, { "date": "2024-02-02", "close": 542.718628, "volume": 438126, "typical_volume": 401617.6, "trend": 554.863927, "fair_value": 437.050316, "relative_strength": -2.072616, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.76391, "energy": 16.53716, "activity_lines": [ 538.407601, 534.10805, 543.113622, 553.643991 ] }, { "date": "2024-02-09", "close": 516.474854, "volume": 490491, "typical_volume": 410523.55, "trend": 556.620177, "fair_value": 438.25312, "relative_strength": -6.603627, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.456759, "energy": 28.547926, "activity_lines": [ 530.428442, 531.303836, 538.992446, 551.167276 ] }, { "date": "2024-02-16", "close": 487.397949, "volume": 384664, "typical_volume": 415810.45, "trend": 557.099626, "fair_value": 439.361817, "relative_strength": -12.889289, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.715836, "energy": 43.698198, "activity_lines": [ 515.049996, 523.662057, 532.540384, 546.701326 ] }, { "date": "2024-02-23", "close": 497.438171, "volume": 597387, "typical_volume": 433528.7, "trend": 556.526371, "fair_value": 440.525044, "relative_strength": -11.948557, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.551354, "energy": 50.514244, "activity_lines": [ 507.48503, 518.512712, 527.644769, 542.8522 ] }, { "date": "2024-03-01", "close": 479.992065, "volume": 404691, "typical_volume": 442068.65, "trend": 553.918565, "fair_value": 441.484469, "relative_strength": -15.58912, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.686222, "energy": 64.357662, "activity_lines": [ 495.171679, 510.643203, 521.653064, 537.914503 ] }, { "date": "2024-03-08", "close": 463.341217, "volume": 189489, "typical_volume": 394890.8, "trend": 551.594072, "fair_value": 442.467815, "relative_strength": -19.012783, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.513569, "energy": 71.268404, "activity_lines": [ 481.350641, 500.356271, 514.69568, 532.070803 ] }, { "date": "2024-03-15", "close": 422.88208, "volume": 411886, "typical_volume": 401592.3, "trend": 548.8852, "fair_value": 443.329756, "relative_strength": -24.429073, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.624409, "energy": 77.486564, "activity_lines": [ 459.33505, 483.667451, 504.630369, 523.766804 ] }, { "date": "2024-03-22", "close": 423.478546, "volume": 360257, "typical_volume": 409487.45, "trend": 544.521183, "fair_value": 444.331886, "relative_strength": -24.48824, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.694774, "energy": 80.039884, "activity_lines": [ 443.7578, 469.414133, 495.43275, 515.676052 ] }, { "date": "2024-03-29", "close": 407.87146, "volume": 339863, "typical_volume": 411462.9, "trend": 538.763798, "fair_value": 445.136929, "relative_strength": -27.932053, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.662607, "energy": 83.742234, "activity_lines": [ 427.239482, 454.703537, 485.495724, 506.85994 ] }, { "date": "2024-04-05", "close": 462.794434, "volume": 249484, "typical_volume": 397427.6, "trend": 532.449725, "fair_value": 445.977552, "relative_strength": -18.882712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.623632, "energy": 67.932662, "activity_lines": [ 434.999935, 451.898416, 481.600343, 501.958691 ] }, { "date": "2024-04-12", "close": 447.982666, "volume": 189220, "typical_volume": 391206.55, "trend": 526.819914, "fair_value": 446.786969, "relative_strength": -21.425274, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.04555, "energy": 49.065449, "activity_lines": [ 438.969641, 447.815457, 476.677749, 496.509203 ] }, { "date": "2024-04-19", "close": 469.951874, "volume": 492547, "typical_volume": 375083.2, "trend": 522.20075, "fair_value": 447.752754, "relative_strength": -16.259616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.778787, "energy": 33.690353, "activity_lines": [ 451.28632, 449.449372, 474.155862, 492.840298 ] }, { "date": "2024-04-26", "close": 537.59906, "volume": 1024547, "typical_volume": 410995.0, "trend": 519.67247, "fair_value": 448.905768, "relative_strength": -5.640846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.625891, "energy": 16.201327, "activity_lines": [ 483.014075, 464.228647, 478.415736, 493.833737 ] }, { "date": "2024-05-03", "close": 520.152954, "volume": 524623, "typical_volume": 425483.75, "trend": 516.47153, "fair_value": 449.559738, "relative_strength": -9.089345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.615173, "energy": 20.232606, "activity_lines": [ 501.318427, 474.923156, 480.949697, 493.864736 ] }, { "date": "2024-05-10", "close": 499.823975, "volume": 310866, "typical_volume": 427441.3, "trend": 512.791773, "fair_value": 449.882337, "relative_strength": -10.988025, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.015226, "energy": 24.165279, "activity_lines": [ 505.361019, 481.50849, 481.557742, 492.7907 ] }, { "date": "2024-05-17", "close": 520.451172, "volume": 217051, "typical_volume": 422464.25, "trend": 509.478171, "fair_value": 450.200163, "relative_strength": -9.025268, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.424018, "energy": 28.884862, "activity_lines": [ 513.810708, 491.483644, 484.195607, 493.284855 ] }, { "date": "2024-05-24", "close": 498.680786, "volume": 276556, "typical_volume": 396234.75, "trend": 506.32859, "fair_value": 450.638479, "relative_strength": -14.598126, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.424501, "energy": 20.174986, "activity_lines": [ 510.172367, 496.462183, 484.738091, 492.58825 ] }, { "date": "2024-05-31", "close": 459.464325, "volume": 266507, "typical_volume": 384094.45, "trend": 502.299249, "fair_value": 450.862827, "relative_strength": -19.562765, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.708382, "energy": 14.412506, "activity_lines": [ 491.546613, 492.932298, 481.794194, 489.564749 ] }, { "date": "2024-06-07", "close": 480.588531, "volume": 303524, "typical_volume": 383031.0, "trend": 499.046947, "fair_value": 450.950494, "relative_strength": -18.286865, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.868158, "energy": 13.658656, "activity_lines": [ 485.171242, 492.58889, 481.314196, 488.164057 ] }, { "date": "2024-06-14", "close": 517.76709, "volume": 333811, "typical_volume": 390279.5, "trend": 498.19535, "fair_value": 451.354497, "relative_strength": -12.380464, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.920535, "energy": 10.535048, "activity_lines": [ 493.826353, 497.683093, 484.531463, 489.371808 ] }, { "date": "2024-06-21", "close": 517.220398, "volume": 371127, "typical_volume": 386929.55, "trend": 498.344463, "fair_value": 451.595165, "relative_strength": -12.309544, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.319108, "energy": 4.519368, "activity_lines": [ 501.103025, 501.678394, 487.80554, 490.599231 ] }, { "date": "2024-06-28", "close": 481.632294, "volume": 308429, "typical_volume": 377826.45, "trend": 496.359613, "fair_value": 451.525885, "relative_strength": -19.765092, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.048739, "energy": 7.43346, "activity_lines": [ 496.732381, 497.944262, 487.811694, 489.521026 ] }, { "date": "2024-07-05", "close": 507.329315, "volume": 432572, "typical_volume": 380221.85, "trend": 495.80127, "fair_value": 451.264247, "relative_strength": -16.344591, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.928421, "energy": 14.367225, "activity_lines": [ 502.063977, 498.669945, 490.4311, 490.228749 ] }, { "date": "2024-07-12", "close": 508.870117, "volume": 451199, "typical_volume": 372912.45, "trend": 495.353934, "fair_value": 451.082571, "relative_strength": -16.511985, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.410291, "energy": 13.193986, "activity_lines": [ 504.718174, 500.226133, 493.102338, 491.0719 ] }, { "date": "2024-07-19", "close": 495.549438, "volume": 338800, "typical_volume": 369617.9, "trend": 494.754172, "fair_value": 450.8117, "relative_strength": -18.556306, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.31076, "energy": 8.431195, "activity_lines": [ 501.046706, 499.565522, 494.450501, 491.084514 ] }, { "date": "2024-07-26", "close": 532.877136, "volume": 602077, "typical_volume": 390247.3, "trend": 495.322452, "fair_value": 450.870756, "relative_strength": -13.174357, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.845192, "energy": 28.747546, "activity_lines": [ 511.29898, 505.769483, 499.279601, 493.54406 ] }, { "date": "2024-08-02", "close": 599.442871, "volume": 2598275, "typical_volume": 499566.75, "trend": 496.941546, "fair_value": 451.490394, "relative_strength": -1.532028, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 77.916842, "energy": 66.388887, "activity_lines": [ 542.696051, 523.850379, 510.117172, 500.261506 ] }, { "date": "2024-08-09", "close": 649.330017, "volume": 3110327, "typical_volume": 637070.25, "trend": 500.105911, "fair_value": 452.556385, "relative_strength": 8.262479, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.331037, "energy": 80.979703, "activity_lines": [ 582.868131, 549.169628, 524.865133, 510.09302 ] }, { "date": "2024-08-16", "close": 637.231689, "volume": 1348907, "typical_volume": 687522.45, "trend": 504.232203, "fair_value": 453.699372, "relative_strength": 5.505264, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.235575, "energy": 83.379011, "activity_lines": [ 609.540722, 568.837076, 537.38539, 518.939845 ] }, { "date": "2024-08-23", "close": 701.806213, "volume": 1742826, "typical_volume": 762189.55, "trend": 509.604711, "fair_value": 454.934798, "relative_strength": 14.921977, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.948367, "energy": 91.373125, "activity_lines": [ 649.180717, 597.39729, 554.963409, 531.686555 ] }, { "date": "2024-08-30", "close": 708.328369, "volume": 2296109, "typical_volume": 867534.0, "trend": 515.125036, "fair_value": 456.257826, "relative_strength": 14.254091, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.407162, "energy": 90.603915, "activity_lines": [ 677.244311, 623.797185, 572.024435, 544.507436 ] }, { "date": "2024-09-06", "close": 699.316833, "volume": 497379, "typical_volume": 867775.6, "trend": 521.219768, "fair_value": 457.518953, "relative_strength": 14.971429, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.331722, "energy": 87.779745, "activity_lines": [ 690.607312, 645.083928, 586.987478, 556.390778 ] }, { "date": "2024-09-13", "close": 709.772217, "volume": 306006, "typical_volume": 831848.55, "trend": 528.632244, "fair_value": 458.812122, "relative_strength": 14.599702, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.391287, "energy": 85.894384, "activity_lines": [ 700.797176, 664.313749, 601.854058, 568.555452 ] }, { "date": "2024-09-20", "close": 659.387146, "volume": 356455, "typical_volume": 823440.15, "trend": 534.030543, "fair_value": 459.714575, "relative_strength": 5.115017, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.517314, "energy": 59.294735, "activity_lines": [ 690.162537, 670.701869, 611.102188, 576.991252 ] }, { "date": "2024-09-27", "close": 630.90863, "volume": 397075, "typical_volume": 827750.6, "trend": 539.061095, "fair_value": 460.48599, "relative_strength": -0.353131, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.193654, "energy": 43.407325, "activity_lines": [ 668.558028, 669.175403, 616.975057, 583.241451 ] }, { "date": "2024-10-04", "close": 639.920227, "volume": 206015, "typical_volume": 827198.8, "trend": 544.947062, "fair_value": 461.236943, "relative_strength": 6.262231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.502768, "energy": 33.414121, "activity_lines": [ 654.683891, 666.826333, 623.081962, 589.748492 ] }, { "date": "2024-10-11", "close": 635.638428, "volume": 255862, "typical_volume": 826164.1, "trend": 552.03894, "fair_value": 461.617961, "relative_strength": 6.225147, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.786125, "energy": 23.326009, "activity_lines": [ 643.94303, 661.752516, 628.212176, 595.599548 ] }, { "date": "2024-10-18", "close": 703.847473, "volume": 1419052, "typical_volume": 883791.35, "trend": 561.384571, "fair_value": 462.59331, "relative_strength": 18.468543, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.899553, "energy": 28.859687, "activity_lines": [ 660.183744, 668.422242, 639.18631, 605.393647 ] }, { "date": "2024-10-25", "close": 666.058716, "volume": 466560, "typical_volume": 891943.15, "trend": 569.990813, "fair_value": 463.602447, "relative_strength": 15.563866, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.234825, "energy": 26.08797, "activity_lines": [ 664.223189, 667.230059, 645.397786, 612.146817 ] }, { "date": "2024-11-01", "close": 735.910706, "volume": 1074586, "typical_volume": 928981.9, "trend": 579.094689, "fair_value": 464.908622, "relative_strength": 27.024071, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.685357, "energy": 43.609486, "activity_lines": [ 691.10186, 678.21411, 657.37864, 622.851327 ] }, { "date": "2024-11-08", "close": 750.548279, "volume": 1173454, "typical_volume": 969098.25, "trend": 589.180209, "fair_value": 466.475896, "relative_strength": 30.249869, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.569047, "energy": 56.791657, "activity_lines": [ 715.859583, 691.239457, 669.714771, 633.912849 ] }, { "date": "2024-11-15", "close": 712.31134, "volume": 501149, "typical_volume": 978734.25, "trend": 597.258858, "fair_value": 467.95579, "relative_strength": 26.568515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.137839, "energy": 52.470825, "activity_lines": [ 720.496456, 696.544997, 677.298202, 641.856793 ] }, { "date": "2024-11-22", "close": 727.24762, "volume": 340692, "typical_volume": 974140.25, "trend": 603.580477, "fair_value": 469.600118, "relative_strength": 26.737722, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.279307, "energy": 55.628494, "activity_lines": [ 725.000562, 704.329962, 685.205666, 650.243164 ] }, { "date": "2024-11-29", "close": 765.683716, "volume": 465197, "typical_volume": 974840.15, "trend": 611.764836, "fair_value": 471.209718, "relative_strength": 31.667666, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.011687, "energy": 54.665139, "activity_lines": [ 740.75669, 718.785573, 695.726479, 660.701438 ] }, { "date": "2024-12-06", "close": 808.849548, "volume": 891530, "typical_volume": 1002476.65, "trend": 622.065688, "fair_value": 473.025743, "relative_strength": 35.169547, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.913146, "energy": 52.568323, "activity_lines": [ 764.259762, 739.156852, 709.135402, 673.416581 ] }, { "date": "2024-12-13", "close": 760.057678, "volume": 410864, "typical_volume": 992916.0, "trend": 630.052572, "fair_value": 474.737291, "relative_strength": 25.918043, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.521684, "energy": 44.26589, "activity_lines": [ 766.636287, 747.421592, 716.405576, 682.31929 ] }, { "date": "2024-12-20", "close": 704.295593, "volume": 391693, "typical_volume": 882586.9, "trend": 636.906398, "fair_value": 476.182974, "relative_strength": 21.962396, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.988744, "energy": 37.113211, "activity_lines": [ 749.791492, 743.363454, 717.283262, 687.109162 ] }, { "date": "2024-12-27", "close": 701.706665, "volume": 161768, "typical_volume": 735158.95, "trend": 644.981143, "fair_value": 477.609199, "relative_strength": 19.822015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.274379, "energy": 25.087068, "activity_lines": [ 732.618103, 737.58629, 717.415085, 691.289824 ] }, { "date": "2025-01-03", "close": 724.160828, "volume": 159035, "typical_volume": 675665.35, "trend": 653.10022, "fair_value": 478.936727, "relative_strength": 22.212354, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.007055, "energy": 17.066044, "activity_lines": [ 724.632166, 735.930625, 719.435988, 696.398191 ] }, { "date": "2025-01-10", "close": 671.933594, "volume": 196533, "typical_volume": 598350.7, "trend": 658.239103, "fair_value": 479.975256, "relative_strength": 15.86968, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.818226, "energy": 15.554511, "activity_lines": [ 702.005343, 723.722697, 716.068919, 697.613247 ] }, { "date": "2025-01-17", "close": 664.614868, "volume": 159655, "typical_volume": 491528.0, "trend": 663.152252, "fair_value": 481.290596, "relative_strength": 15.296518, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.521081, "energy": 12.343156, "activity_lines": [ 686.066675, 711.347312, 712.14708, 698.024587 ] }, { "date": "2025-01-24", "close": 624.237122, "volume": 132233, "typical_volume": 473270.7, "trend": 667.905746, "fair_value": 482.430421, "relative_strength": 8.668269, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.345622, "energy": 24.428344, "activity_lines": [ 663.031612, 693.192944, 704.587901, 695.513934 ] }, { "date": "2025-01-31", "close": 653.761169, "volume": 230540, "typical_volume": 469497.4, "trend": 672.786808, "fair_value": 483.736606, "relative_strength": 11.536398, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.124745, "energy": 28.177826, "activity_lines": [ 655.17513, 682.007935, 700.198058, 694.60138 ] }, { "date": "2025-02-07", "close": 667.602112, "volume": 114191, "typical_volume": 457384.2, "trend": 678.077875, "fair_value": 485.492447, "relative_strength": 13.244522, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.767062, "energy": 32.978528, "activity_lines": [ 655.128662, 674.675577, 697.393119, 694.266884 ] }, { "date": "2025-02-14", "close": 530.287842, "volume": 393577, "typical_volume": 457209.3, "trend": 679.235822, "fair_value": 486.493997, "relative_strength": -7.645621, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.45969, "energy": 58.683562, "activity_lines": [ 613.081352, 644.160291, 681.471512, 684.732043 ] }, { "date": "2025-02-21", "close": 603.873962, "volume": 336676, "typical_volume": 463742.35, "trend": 681.602382, "fair_value": 488.062335, "relative_strength": 5.453558, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.614892, "energy": 56.037742, "activity_lines": [ 605.005798, 632.089057, 673.037254, 679.869987 ] }, { "date": "2025-02-28", "close": 522.172546, "volume": 87466, "typical_volume": 455322.55, "trend": 679.026705, "fair_value": 489.187719, "relative_strength": -6.199329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.143498, "energy": 70.794824, "activity_lines": [ 573.745833, 608.002724, 656.993557, 669.584191 ] }, { "date": "2025-03-07", "close": 544.576965, "volume": 164073, "typical_volume": 392573.6, "trend": 675.534936, "fair_value": 490.34542, "relative_strength": -4.289919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.425169, "energy": 72.428879, "activity_lines": [ 556.758313, 591.301251, 643.623928, 660.910015 ] }, { "date": "2025-03-14", "close": 501.51062, "volume": 156564, "typical_volume": 377073.8, "trend": 671.010901, "fair_value": 491.247089, "relative_strength": -11.463008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.467964, "energy": 74.686006, "activity_lines": [ 532.694291, 569.626436, 626.911173, 649.682639 ] }, { "date": "2025-03-21", "close": 521.077148, "volume": 158864, "typical_volume": 331287.7, "trend": 664.986599, "fair_value": 492.336831, "relative_strength": -11.974848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.618773, "energy": 73.919886, "activity_lines": [ 526.225211, 555.557357, 612.84546, 640.009494 ] }, { "date": "2025-03-28", "close": 492.648438, "volume": 363664, "typical_volume": 290798.2, "trend": 657.797268, "fair_value": 493.143213, "relative_strength": -17.542641, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.383624, "energy": 71.531478, "activity_lines": [ 510.893941, 539.062267, 597.095267, 628.890903 ] }, { "date": "2025-04-04", "close": 436.139496, "volume": 362092, "typical_volume": 283845.35, "trend": 649.02469, "fair_value": 493.424223, "relative_strength": -24.955067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.441954, "energy": 77.216971, "activity_lines": [ 484.141392, 515.419486, 577.191365, 614.590402 ] }, { "date": "2025-04-11", "close": 445.549377, "volume": 263287, "typical_volume": 279975.1, "trend": 640.217262, "fair_value": 493.811345, "relative_strength": -23.059131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.030902, "energy": 72.497476, "activity_lines": [ 466.261007, 496.907549, 559.498746, 601.462962 ] }, { "date": "2025-04-18", "close": 470.443176, "volume": 123341, "typical_volume": 262882.3, "trend": 633.919129, "fair_value": 494.517998, "relative_strength": -22.156718, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.925665, "energy": 65.816399, "activity_lines": [ 463.280393, 486.707426, 545.518385, 590.509795 ] }, { "date": "2025-04-25", "close": 462.775879, "volume": 237657, "typical_volume": 230188.65, "trend": 628.314704, "fair_value": 495.215569, "relative_strength": -23.749694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.016059, "energy": 58.848438, "activity_lines": [ 459.815177, 478.697957, 532.213713, 579.468295 ] }, { "date": "2025-05-02", "close": 460.585205, "volume": 136499, "typical_volume": 216470.4, "trend": 622.33687, "fair_value": 496.006265, "relative_strength": -24.826739, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.312258, "energy": 51.111042, "activity_lines": [ 459.506488, 471.517675, 520.348375, 568.647037 ] }, { "date": "2025-05-09", "close": 438.877808, "volume": 112155, "typical_volume": 202493.5, "trend": 615.778183, "fair_value": 496.854653, "relative_strength": -27.115055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.499942, "energy": 49.910076, "activity_lines": [ 454.099548, 462.995842, 507.841725, 556.810969 ] }, { "date": "2025-05-16", "close": 509.177917, "volume": 190113, "typical_volume": 203910.75, "trend": 609.289198, "fair_value": 498.213785, "relative_strength": -18.684318, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.388234, "energy": 38.54989, "activity_lines": [ 471.943424, 468.770298, 503.294218, 549.933532 ] }, { "date": "2025-05-23", "close": 477.712158, "volume": 293789, "typical_volume": 210648.45, "trend": 603.010979, "fair_value": 499.440856, "relative_strength": -23.049965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.544795, "energy": 35.127349, "activity_lines": [ 475.056811, 469.467326, 496.666776, 541.444691 ] }, { "date": "2025-05-30", "close": 480.500244, "volume": 192318, "typical_volume": 210437.7, "trend": 594.497297, "fair_value": 500.669581, "relative_strength": -22.221845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.725528, "energy": 31.690608, "activity_lines": [ 478.614962, 471.103977, 491.47843, 533.540773 ] }, { "date": "2025-06-06", "close": 495.336975, "volume": 130286, "typical_volume": 208969.25, "trend": 585.990254, "fair_value": 502.00518, "relative_strength": -20.57907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.226348, "energy": 22.911864, "activity_lines": [ 485.937064, 476.175978, 488.614694, 527.143332 ] }, { "date": "2025-06-13", "close": 493.046722, "volume": 309833, "typical_volume": 217849.25, "trend": 578.681433, "fair_value": 503.450435, "relative_strength": -19.905748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.065756, "energy": 22.745758, "activity_lines": [ 490.178965, 480.782687, 486.338924, 521.146976 ] }, { "date": "2025-06-20", "close": 460.585205, "volume": 135666, "typical_volume": 213105.55, "trend": 569.792686, "fair_value": 504.622096, "relative_strength": -26.143188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.339777, "energy": 27.655348, "activity_lines": [ 479.989099, 478.452625, 481.596297, 513.527864 ] }, { "date": "2025-06-27", "close": 481.24707, "volume": 138070, "typical_volume": 214299.5, "trend": 560.311464, "fair_value": 505.950373, "relative_strength": -24.335951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.842881, "energy": 22.601555, "activity_lines": [ 479.926035, 479.605887, 479.741353, 507.815244 ] }, { "date": "2025-07-04", "close": 536.660706, "volume": 1080873, "typical_volume": 248664.3, "trend": 551.238503, "fair_value": 507.563906, "relative_strength": -15.052154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.218, "energy": 5.721807, "activity_lines": [ 498.098523, 490.637921, 484.051302, 506.289388 ] }, { "date": "2025-07-11", "close": 507.136627, "volume": 283224, "typical_volume": 245991.7, "trend": 542.807801, "fair_value": 509.019345, "relative_strength": -18.694319, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.233346, "energy": 9.222988, "activity_lines": [ 502.68562, 494.95858, 485.519087, 503.444106 ] }, { "date": "2025-07-18", "close": 601.982056, "volume": 1203435, "typical_volume": 301790.15, "trend": 539.39735, "fair_value": 510.64011, "relative_strength": -3.080794, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 22.3641, "energy": 31.65786, "activity_lines": [ 538.101217, 515.677474, 496.480425, 507.2618 ] }, { "date": "2025-07-25", "close": 601.484131, "volume": 747346, "typical_volume": 330953.8, "trend": 536.056599, "fair_value": 512.351176, "relative_strength": -2.855936, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.909034, "energy": 58.78228, "activity_lines": [ 566.088483, 533.340303, 507.014295, 511.267399 ] }, { "date": "2025-08-01", "close": 581.099976, "volume": 230673, "typical_volume": 334659.25, "trend": 531.287904, "fair_value": 513.863203, "relative_strength": -5.066617, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.051617, "energy": 62.004891, "activity_lines": [ 577.887769, 545.618628, 515.335831, 514.173423 ] }, { "date": "2025-08-08", "close": 524.25, "volume": 1244789, "typical_volume": 388955.5, "trend": 526.365117, "fair_value": 515.127196, "relative_strength": -13.300617, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.290225, "energy": 50.587309, "activity_lines": [ 564.080202, 545.680815, 517.864087, 513.719365 ] }, { "date": "2025-08-15", "close": 498.799988, "volume": 311249, "typical_volume": 386334.75, "trend": 520.837955, "fair_value": 516.24204, "relative_strength": -18.044094, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.468256, "energy": 18.441108, "activity_lines": [ 542.616679, 540.320277, 517.953423, 511.940969 ] }, { "date": "2025-08-22", "close": 498.200012, "volume": 312330, "typical_volume": 383846.65, "trend": 516.636718, "fair_value": 517.443668, "relative_strength": -18.405374, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.696753, "energy": 8.843543, "activity_lines": [ 521.50894, 534.787689, 517.956326, 510.480457 ] }, { "date": "2025-08-29", "close": 478.75, "volume": 103897, "typical_volume": 375877.15, "trend": 510.803012, "fair_value": 518.186716, "relative_strength": -19.634937, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.084397, "energy": 22.006894, "activity_lines": [ 500.836666, 525.625038, 515.81132, 508.036152 ] }, { "date": "2025-09-05", "close": 496.5, "volume": 485633, "typical_volume": 393991.75, "trend": 505.099608, "fair_value": 518.380194, "relative_strength": -17.186557, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.063833, "energy": 16.786719, "activity_lines": [ 494.263334, 519.359392, 515.198692, 507.113377 ] }, { "date": "2025-09-12", "close": 495.049988, "volume": 234413, "typical_volume": 393829.55, "trend": 503.925013, "fair_value": 518.815281, "relative_strength": -18.116765, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.633137, "energy": 18.24484, "activity_lines": [ 492.846663, 512.552781, 514.323887, 506.465015 ] }, { "date": "2025-09-19", "close": 543.25, "volume": 678847, "typical_volume": 420946.95, "trend": 501.904214, "fair_value": 519.587326, "relative_strength": -10.606141, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.130222, "energy": 13.741049, "activity_lines": [ 509.443331, 515.266366, 517.885874, 509.002111 ] }, { "date": "2025-09-26", "close": 501.200012, "volume": 354390, "typical_volume": 433058.7, "trend": 501.20513, "fair_value": 520.076464, "relative_strength": -15.019645, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.686708, "energy": 5.670572, "activity_lines": [ 509.060002, 509.677893, 517.049458, 508.956678 ] }, { "date": "2025-10-03", "close": 522.0, "volume": 124192, "typical_volume": 429762.65, "trend": 500.452564, "fair_value": 520.612757, "relative_strength": -12.018325, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.393785, "energy": 13.910178, "activity_lines": [ 515.410002, 509.703637, 517.897221, 510.298283 ] }, { "date": "2025-10-10", "close": 540.450012, "volume": 676888, "typical_volume": 448917.6, "trend": 501.750544, "fair_value": 521.42155, "relative_strength": -10.020778, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.2024, "energy": 22.162058, "activity_lines": [ 525.026672, 514.529094, 520.441071, 512.878763 ] }, { "date": "2025-10-17", "close": 513.099976, "volume": 153833, "typical_volume": 446993.35, "trend": 501.484638, "fair_value": 522.175863, "relative_strength": -15.412132, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.242934, "energy": 16.258217, "activity_lines": [ 522.596663, 515.120907, 520.081403, 513.610985 ] }, { "date": "2025-10-24", "close": 502.5, "volume": 103238, "typical_volume": 445640.95, "trend": 501.813024, "fair_value": 522.79163, "relative_strength": -16.887225, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.11622, "energy": 11.333096, "activity_lines": [ 515.429997, 513.98818, 518.556977, 513.676492 ] }, { "date": "2025-10-31", "close": 504.600006, "volume": 161699, "typical_volume": 438234.25, "trend": 504.095041, "fair_value": 523.488912, "relative_strength": -15.564251, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.666152, "energy": 5.19991, "activity_lines": [ 511.679999, 513.17, 517.198442, 513.856297 ] }, { "date": "2025-11-07", "close": 492.850006, "volume": 397465, "typical_volume": 451324.2, "trend": 505.671729, "fair_value": 523.993849, "relative_strength": -15.9699, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.12383, "energy": 15.949454, "activity_lines": [ 503.786668, 510.099092, 514.665844, 513.130811 ] }, { "date": "2025-11-14", "close": 481.450012, "volume": 103594, "typical_volume": 449600.4, "trend": 506.038623, "fair_value": 524.397724, "relative_strength": -18.44032, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.214541, "energy": 35.882512, "activity_lines": [ 494.036672, 504.699094, 510.89389, 511.56812 ] }, { "date": "2025-11-21", "close": 439.0, "volume": 173854, "typical_volume": 404249.45, "trend": 505.246094, "fair_value": 524.273493, "relative_strength": -25.225504, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -52.272193, "energy": 59.63878, "activity_lines": [ 474.070005, 491.854548, 503.078111, 507.243047 ] }, { "date": "2025-11-28", "close": 473.299988, "volume": 4565905, "typical_volume": 618383.5, "trend": 505.66992, "fair_value": 524.438776, "relative_strength": -18.850915, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.301922, "energy": 60.271591, "activity_lines": [ 470.476666, 486.265455, 498.994049, 505.182008 ] }, { "date": "2025-12-05", "close": 436.149994, "volume": 350945, "typical_volume": 575759.0, "trend": 505.578993, "fair_value": 524.447009, "relative_strength": -24.116415, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.747725, "energy": 69.583875, "activity_lines": [ 456.446663, 475.193635, 491.533019, 500.696852 ] }, { "date": "2025-12-12", "close": 430.649994, "volume": 203099, "typical_volume": 548546.65, "trend": 502.961395, "fair_value": 524.613647, "relative_strength": -23.726219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.020192, "energy": 70.740682, "activity_lines": [ 445.146661, 464.304543, 484.337856, 495.862723 ] }, { "date": "2025-12-19", "close": 433.899994, "volume": 211600, "typical_volume": 547593.0, "trend": 501.50099, "fair_value": 524.932136, "relative_strength": -22.002358, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.153437, "energy": 63.710656, "activity_lines": [ 439.07666, 455.66727, 478.265713, 491.407148 ] }, { "date": "2025-12-26", "close": 441.75, "volume": 118903, "typical_volume": 491298.7, "trend": 500.209315, "fair_value": 525.194097, "relative_strength": -19.923897, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.266879, "energy": 64.377906, "activity_lines": [ 438.793329, 450.394543, 473.642141, 487.552246 ] }, { "date": "2026-01-02", "close": 464.600006, "volume": 8389910, "typical_volume": 895231.75, "trend": 499.184749, "fair_value": 525.589494, "relative_strength": -15.739723, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.873448, "energy": 39.576519, "activity_lines": [ 445.943333, 450.573635, 471.587618, 485.254871 ] }, { "date": "2026-01-09", "close": 431.100006, "volume": 721138, "typical_volume": 915672.15, "trend": 497.119859, "fair_value": 525.757427, "relative_strength": -18.966219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.352456, "energy": 39.134431, "activity_lines": [ 442.506669, 445.350909, 466.505476, 480.862307 ] }, { "date": "2026-01-16", "close": 384.049988, "volume": 382191, "typical_volume": 929586.85, "trend": 494.568685, "fair_value": 525.645382, "relative_strength": -26.911875, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.622705, "energy": 49.835685, "activity_lines": [ 423.723332, 432.909998, 457.261903, 473.567477 ] }, { "date": "2026-01-23", "close": 369.899994, "volume": 254500, "typical_volume": 918030.2, "trend": 490.857116, "fair_value": 525.447402, "relative_strength": -26.947551, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.260389, "energy": 65.030849, "activity_lines": [ 403.329997, 419.874542, 447.121665, 465.524335 ] }, { "date": "2026-01-30", "close": 399.25, "volume": 201621, "typical_volume": 916390.6, "trend": 486.276759, "fair_value": 525.411487, "relative_strength": -21.094226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.898554, "energy": 67.227236, "activity_lines": [ 396.986664, 414.203634, 440.379522, 459.614199 ] }, { "date": "2026-02-06", "close": 396.200012, "volume": 231674, "typical_volume": 894031.95, "trend": 482.578872, "fair_value": 525.399905, "relative_strength": -21.862654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.07143, "energy": 68.095973, "activity_lines": [ 392.460002, 408.700909, 433.803095, 453.802796 ] }, { "date": "2026-02-13", "close": 369.950012, "volume": 405235, "typical_volume": 896574.2, "trend": 474.84447, "fair_value": 525.219099, "relative_strength": -25.779773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.149151, "energy": 59.14627, "activity_lines": [ 383.743339, 399.827275, 425.426905, 446.536418 ] }, { "date": "2026-02-20", "close": 367.25, "volume": 174988, "typical_volume": 899114.0, "trend": 467.036666, "fair_value": 525.34344, "relative_strength": -25.724742, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.321036, "energy": 50.545534, "activity_lines": [ 378.203339, 391.666366, 417.418572, 439.594839 ] }, { "date": "2026-02-27", "close": 359.399994, "volume": 289861, "typical_volume": 879762.65, "trend": 459.646666, "fair_value": 525.352905, "relative_strength": -25.487777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.034433, "energy": 60.457444, "activity_lines": [ 371.166669, 383.23091, 409.399524, 432.650538 ] }, { "date": "2026-03-06", "close": 325.399994, "volume": 169214, "typical_volume": 880531.7, "trend": 453.018333, "fair_value": 525.020401, "relative_strength": -29.763342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.410778, "energy": 77.331381, "activity_lines": [ 353.496665, 369.968182, 399.004523, 423.989462 ] }, { "date": "2026-03-13", "close": 312.450012, "volume": 283628, "typical_volume": 889551.2, "trend": 446.806667, "fair_value": 524.769928, "relative_strength": -28.124517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.175654, "energy": 85.638491, "activity_lines": [ 336.433335, 356.466366, 388.270001, 414.920538 ] }, { "date": "2026-03-20", "close": 314.899994, "volume": 209069, "typical_volume": 891919.7, "trend": 440.696666, "fair_value": 524.544063, "relative_strength": -26.794545, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.859769, "energy": 85.820018, "activity_lines": [ 325.769999, 346.176364, 378.67381, 406.41043 ] }, { "date": "2026-03-27", "close": 298.350006, "volume": 366322, "typical_volume": 890362.55, "trend": 434.683333, "fair_value": 524.242637, "relative_strength": -29.169437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.188669, "energy": 86.063567, "activity_lines": [ 313.260002, 334.990002, 368.404763, 397.226775 ] }, { "date": "2026-04-03", "close": 294.600006, "volume": 253631, "typical_volume": 897864.4, "trend": 427.953334, "fair_value": 523.769301, "relative_strength": -29.284481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.643563, "energy": 85.16168, "activity_lines": [ 304.093337, 324.680003, 358.704763, 388.189141 ] }, { "date": "2026-04-10", "close": 322.549988, "volume": 314793, "typical_volume": 904911.35, "trend": 422.203334, "fair_value": 523.422662, "relative_strength": -26.410013, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.963247, "energy": 64.559359, "activity_lines": [ 308.563332, 320.820909, 352.556429, 381.388925 ] }, { "date": "2026-04-17", "close": 349.399994, "volume": 2625388, "typical_volume": 807885.5, "trend": 415.741667, "fair_value": 523.396009, "relative_strength": -20.826607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.100943, "energy": 49.702379, "activity_lines": [ 322.17333, 323.23818, 349.519762, 376.691935 ] }, { "date": "2026-04-24", "close": 385.75, "volume": 1055495, "typical_volume": 843113.0, "trend": 411.893333, "fair_value": 523.527003, "relative_strength": -10.62844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.988336, "energy": 23.065951, "activity_lines": [ 345.436664, 333.115453, 350.535, 374.756989 ] }, { "date": "2026-05-01", "close": 387.299988, "volume": 460887, "typical_volume": 856002.4, "trend": 407.403333, "fair_value": 523.597336, "relative_strength": -10.376605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.849188, "energy": 24.215503, "activity_lines": [ 364.493327, 342.987269, 351.937856, 373.170321 ] }, { "date": "2026-05-08", "close": 435.5, "volume": 1318115, "typical_volume": 911328.15, "trend": 403.904999, "fair_value": 523.748954, "relative_strength": 0.061181, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 20.272559, "energy": 34.485042, "activity_lines": [ 393.686662, 361.258179, 358.137618, 374.98301 ] }, { "date": "2026-05-15", "close": 391.950012, "volume": 347118, "typical_volume": 922738.9, "trend": 399.866667, "fair_value": 523.584518, "relative_strength": -7.543451, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 3.178389, "energy": 30.293791, "activity_lines": [ 398.970001, 370.227272, 360.182143, 374.21172 ] }, { "date": "2026-05-22", "close": 384.799988, "volume": 812820, "typical_volume": 543884.4, "trend": 395.943333, "fair_value": 523.296973, "relative_strength": -9.228231, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.398232, "energy": 32.596916, "activity_lines": [ 397.243331, 376.686361, 361.782856, 373.239676 ] }, { "date": "2026-05-29", "close": 374.25, "volume": 184156, "typical_volume": 517035.3, "trend": 391.598333, "fair_value": 522.760858, "relative_strength": -10.735613, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -0.222298, "energy": 19.396659, "activity_lines": [ 389.639998, 379.911816, 362.758808, 371.840107 ] }, { "date": "2026-06-05", "close": 367.799988, "volume": 26037, "typical_volume": 499227.6, "trend": 387.429999, "fair_value": 522.046338, "relative_strength": -11.203904, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -17.109172, "energy": 11.808153, "activity_lines": [ 380.653329, 380.88545, 363.391188, 370.304729 ] }, { "date": "2026-06-12", "close": 379.350006, "volume": 109481, "typical_volume": 491976.65, "trend": 384.026665, "fair_value": 521.375328, "relative_strength": -9.025007, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.789792, "energy": 13.466349, "activity_lines": [ 376.816665, 382.696361, 365.200951, 369.78344 ] }, { "date": "2026-06-19", "close": 414.299988, "volume": 492699, "typical_volume": 506530.55, "trend": 383.203332, "fair_value": 520.869527, "relative_strength": -2.141878, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.778529, "energy": 12.161916, "activity_lines": [ 388.373328, 389.320905, 370.294283, 371.736557 ] }, { "date": "2026-06-26", "close": 472.066895, "volume": 0, "typical_volume": 494946.85, "trend": 383.162228, "fair_value": 520.806213, "relative_strength": 11.200459, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 52.957153, "energy": 51.882249, "activity_lines": [ 417.695628, 404.780341, 380.817559, 377.46969 ] }, { "date": "2026-07-03", "close": 492.307587, "volume": 185612, "typical_volume": 483965.7, "trend": 385.034148, "fair_value": 520.938154, "relative_strength": 15.041323, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 57.146859, "energy": 74.380708, "activity_lines": [ 447.947032, 421.689596, 392.907249, 384.511326 ] }, { "date": "2026-07-10", "close": 473.911469, "volume": 529203, "typical_volume": 501676.45, "trend": 386.476197, "fair_value": 521.003053, "relative_strength": 11.106258, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 71.01794, "energy": 83.527322, "activity_lines": [ 464.195891, 433.316691, 402.662272, 390.245347 ] }, { "date": "2026-07-17", "close": 455.96405, "volume": 362588, "typical_volume": 505312.8, "trend": 387.211666, "fair_value": 520.893755, "relative_strength": 6.966075, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.536122, "energy": 82.874016, "activity_lines": [ 467.388178, 440.105865, 410.200106, 394.728434 ] }, { "date": "2026-07-24", "close": 454.767578, "volume": 244593, "typical_volume": 509081.75, "trend": 387.645585, "fair_value": 520.509984, "relative_strength": 9.8428, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.680685, "energy": 79.267085, "activity_lines": [ 465.074038, 446.305425, 417.164161, 399.08688 ] }, { "date": "2026-07-31", "close": 451.149994, "volume": 164925, "typical_volume": 503146.6, "trend": 387.197251, "fair_value": 519.823598, "relative_strength": 6.823185, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.368602, "energy": 50.892928, "activity_lines": [ 458.856197, 450.705105, 423.167648, 403.183939 ] }, { "date": "2026-08-07", "close": 465.149994, "volume": 8638729, "typical_volume": 924629.6, "trend": 388.332251, "fair_value": 519.388175, "relative_strength": 9.614483, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.979778, "energy": 45.349354, "activity_lines": [ 458.699483, 456.443876, 429.843993, 408.213148 ] } ], "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." } } }