{ "ticker": { "uuid": "5364827b-39ad-43d0-aec6-d5e2ecfb8316", "symbol": "HCC", "name": "Hindustan Construction Company 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": "1a", "phase_label": "Stage 1A \u00b7 Bottoming", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 55.364, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 4.53, "architecture_energy": 23.331, "architecture_maturity": 59.296, "architecture_confidence": 77.202, "architecture_tenure": "New", "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": 51.8, "rotation_up": 13.13, "upward_expansion": 52.59, "deceleration": 93.91, "rotation_down": 48.57, "downward_expansion": 25.59 }, "activity_lines": [ 21.418667, 22.773455, 22.696762, 21.592301 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 20.52, "trend_reference": 20.444333, "distance_from_trend": 0.003701, "trend_direction": "Improving", "fair_value": 30.814832, "distance_from_fair_value": -0.334087, "fair_value_direction": "Weakening", "relative_strength": -6.957588, "relative_strength_direction": "Weakening", "price_momentum": 0.0766, "excess_performance": 0.120309, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.003701, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.045912, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.334087, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.0972, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.069576, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.078039, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.0766, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.518096, "read": "Supply-led" } ], "volume": { "latest": 94541113, "relative_activity": 0.739449, "balance": 0.518096, "dry_up": 0.733249, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.100202, "annualized_volatility": 0.490744, "from_high_reference": -0.316, "from_low_reference": 0.503297 }, "levels": { "trend_reference": 20.444333, "fair_value_reference": 30.814832, "structural_low": 13.65, "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": 11, "median_return": 0.041298, "positive_rate": 0.636364, "directional_follow_through": 0.636364, "median_excess_return": 0.00294, "regime_survival": 0.545455, "best_return": 0.305772, "worst_return": -0.145907, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.029557, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.048825, "regime_survival": 0.0, "best_return": 0.451032, "worst_return": -0.187302, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.271386, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.104203, "regime_survival": 0.2, "best_return": 0.874552, "worst_return": -0.361021, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.211823, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.141096, "regime_survival": 0.333333, "best_return": 1.430108, "worst_return": -0.187611, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-21", "end": "2024-08-23", "tenure": "Developing", "return": -0.018296, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-30", "end": "2024-10-04", "tenure": "Developing", "return": -0.14537, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-10-11", "end": "2024-11-22", "tenure": "Developing", "return": -0.146001, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2024-12-13", "tenure": "New", "return": 0.076833, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-20", "end": "2025-01-10", "tenure": "New", "return": -0.208448, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-06-06", "tenure": "Established", "return": -0.001433, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": -0.072203, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-11", "end": "2025-08-15", "tenure": "Developing", "return": -0.119203, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-22", "end": "2025-09-05", "tenure": "New", "return": 0.056431, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-12", "end": "2025-11-14", "tenure": "Developing", "return": -0.099684, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2026-05-01", "tenure": "Established", "return": -0.082813, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-06-05", "tenure": "Developing", "return": 0.030901, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-12", "end": "2026-07-24", "tenure": "Developing", "return": -0.083012, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.04291, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 25.0, "volume": 272860580, "typical_volume": 219709724.1, "trend": 17.473333, "fair_value": 12.954487, "relative_strength": 39.254204, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.68524, "energy": 72.328006, "activity_lines": [ 22.896667, 21.665454, 20.16, 18.879032 ] }, { "date": "2023-08-25", "close": 26.549999, "volume": 203518853, "typical_volume": 227676676.75, "trend": 17.755, "fair_value": 13.084615, "relative_strength": 46.281537, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.658984, "energy": 85.93787, "activity_lines": [ 24.483333, 22.704545, 20.906428, 19.464623 ] }, { "date": "2023-09-01", "close": 29.0, "volume": 349600464, "typical_volume": 243480522.85, "trend": 18.225, "fair_value": 13.23141, "relative_strength": 56.201372, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.19055, "energy": 92.667661, "activity_lines": [ 26.41, 24.04, 21.830714, 20.190107 ] }, { "date": "2023-09-08", "close": 27.450001, "volume": 128680514, "typical_volume": 246875782.55, "trend": 18.636667, "fair_value": 13.369551, "relative_strength": 43.18929, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.773981, "energy": 86.236014, "activity_lines": [ 27.173334, 24.927273, 22.537381, 20.785269 ] }, { "date": "2023-09-15", "close": 25.1, "volume": 147117521, "typical_volume": 247462542.5, "trend": 18.981667, "fair_value": 13.494872, "relative_strength": 27.247341, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.804789, "energy": 67.306861, "activity_lines": [ 26.693333, 25.252727, 22.958809, 21.202258 ] }, { "date": "2023-09-22", "close": 26.15, "volume": 79057812, "typical_volume": 246730049.25, "trend": 19.385, "fair_value": 13.627885, "relative_strength": 34.505776, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.272731, "energy": 55.682397, "activity_lines": [ 26.536667, 25.686364, 23.437857, 21.664731 ] }, { "date": "2023-09-29", "close": 27.6, "volume": 171811863, "typical_volume": 251641717.4, "trend": 19.806667, "fair_value": 13.770833, "relative_strength": 40.579526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.372084, "energy": 51.654697, "activity_lines": [ 26.786667, 26.282727, 24.008571, 22.194731 ] }, { "date": "2023-10-06", "close": 28.549999, "volume": 149470770, "typical_volume": 252425314.65, "trend": 20.236667, "fair_value": 13.921154, "relative_strength": 43.708907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.95142, "energy": 50.978618, "activity_lines": [ 27.283333, 26.902727, 24.615238, 22.758817 ] }, { "date": "2023-10-13", "close": 27.5, "volume": 128086303, "typical_volume": 252675971.05, "trend": 20.66, "fair_value": 14.066667, "relative_strength": 36.235139, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.818519, "energy": 47.996238, "activity_lines": [ 27.46, 27.163636, 25.068333, 23.227419 ] }, { "date": "2023-10-20", "close": 27.799999, "volume": 248096569, "typical_volume": 259417465.2, "trend": 21.121666, "fair_value": 14.210897, "relative_strength": 37.511305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.770886, "energy": 47.615015, "activity_lines": [ 27.733333, 27.352727, 25.504285, 23.688064 ] }, { "date": "2023-10-27", "close": 25.4, "volume": 191866732, "typical_volume": 258413629.55, "trend": 21.511666, "fair_value": 14.341987, "relative_strength": 27.545353, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.024598, "energy": 34.740131, "activity_lines": [ 27.026666, 27.049091, 25.668095, 23.964086 ] }, { "date": "2023-11-03", "close": 27.75, "volume": 165683799, "typical_volume": 258414469.95, "trend": 21.94, "fair_value": 14.489102, "relative_strength": 36.439066, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.512265, "energy": 32.357388, "activity_lines": [ 27.153333, 27.165454, 26.027857, 24.366559 ] }, { "date": "2023-11-10", "close": 28.049999, "volume": 349747008, "typical_volume": 249661294.95, "trend": 22.398333, "fair_value": 14.636218, "relative_strength": 34.947248, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.396779, "energy": 35.785431, "activity_lines": [ 27.37, 27.314545, 26.371428, 24.760752 ] }, { "date": "2023-11-17", "close": 31.549999, "volume": 250414232, "typical_volume": 244915129.45, "trend": 22.965, "fair_value": 14.802885, "relative_strength": 47.749691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.980996, "energy": 48.044182, "activity_lines": [ 28.786666, 28.117272, 27.009285, 25.351182 ] }, { "date": "2023-11-24", "close": 30.15, "volume": 155814126, "typical_volume": 236145418.1, "trend": 23.43, "fair_value": 14.959295, "relative_strength": 39.20186, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.79933, "energy": 60.736735, "activity_lines": [ 29.466666, 28.590909, 27.459047, 25.814731 ] }, { "date": "2023-12-01", "close": 29.450001, "volume": 128394825, "typical_volume": 231147203.45, "trend": 23.865, "fair_value": 15.104487, "relative_strength": 31.728497, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.325462, "energy": 62.282812, "activity_lines": [ 29.756667, 28.845454, 27.796428, 26.203118 ] }, { "date": "2023-12-08", "close": 31.049999, "volume": 265603173, "typical_volume": 234866160.75, "trend": 24.361666, "fair_value": 15.250961, "relative_strength": 33.316875, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.352406, "energy": 66.729677, "activity_lines": [ 30.31, 29.330909, 28.244047, 26.666666 ] }, { "date": "2023-12-15", "close": 32.099998, "volume": 227927612, "typical_volume": 233699581.6, "trend": 24.855, "fair_value": 15.401282, "relative_strength": 33.803725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.458429, "energy": 63.716096, "activity_lines": [ 30.993333, 29.944545, 28.73619, 27.165914 ] }, { "date": "2023-12-22", "close": 29.049999, "volume": 153371699, "typical_volume": 225372023.3, "trend": 25.226666, "fair_value": 15.529487, "relative_strength": 20.825676, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.939503, "energy": 40.757555, "activity_lines": [ 30.389999, 29.93909, 28.876904, 27.436559 ] }, { "date": "2023-12-29", "close": 28.6, "volume": 75885641, "typical_volume": 192150504.8, "trend": 25.558333, "fair_value": 15.654487, "relative_strength": 16.453577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.59194, "energy": 30.878444, "activity_lines": [ 29.803333, 29.823636, 28.934285, 27.654193 ] }, { "date": "2024-01-05", "close": 31.200001, "volume": 184984747, "typical_volume": 187756713.15, "trend": 25.946666, "fair_value": 15.796474, "relative_strength": 26.580051, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.009295, "energy": 35.011876, "activity_lines": [ 30.186666, 30.166363, 29.220714, 28.018172 ] }, { "date": "2024-01-12", "close": 33.599998, "volume": 340421673, "typical_volume": 194601854.15, "trend": 26.455, "fair_value": 15.956731, "relative_strength": 34.121962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.281931, "energy": 40.102836, "activity_lines": [ 31.253333, 30.839999, 29.70619, 28.511935 ] }, { "date": "2024-01-19", "close": 32.700001, "volume": 211379231, "typical_volume": 187690792.5, "trend": 26.883333, "fair_value": 16.114423, "relative_strength": 31.252917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.05358, "energy": 40.782308, "activity_lines": [ 31.85, 31.243636, 30.072381, 28.914838 ] }, { "date": "2024-01-26", "close": 36.349998, "volume": 262548724, "typical_volume": 194384203.0, "trend": 27.426666, "fair_value": 16.295513, "relative_strength": 46.10296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.319342, "energy": 69.370892, "activity_lines": [ 33.623333, 32.226363, 30.768571, 29.525591 ] }, { "date": "2024-02-02", "close": 45.900002, "volume": 634184711, "typical_volume": 218737562.5, "trend": 28.271666, "fair_value": 16.536859, "relative_strength": 76.567892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.309991, "energy": 89.940204, "activity_lines": [ 38.093333, 34.858182, 32.331904, 30.717419 ] }, { "date": "2024-02-09", "close": 45.299999, "volume": 179054781, "typical_volume": 223737410.95, "trend": 29.095, "fair_value": 16.772436, "relative_strength": 71.410551, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.222791, "energy": 93.645111, "activity_lines": [ 41.21, 37.094545, 33.739047, 31.816021 ] }, { "date": "2024-02-16", "close": 43.450001, "volume": 128477918, "typical_volume": 221570713.7, "trend": 29.896666, "fair_value": 16.998077, "relative_strength": 59.577166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.365908, "energy": 88.088598, "activity_lines": [ 42.77, 38.706364, 34.878809, 32.74215 ] }, { "date": "2024-02-23", "close": 44.349998, "volume": 108339221, "typical_volume": 219514136.25, "trend": 30.731666, "fair_value": 17.229167, "relative_strength": 58.676497, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.772018, "energy": 87.176082, "activity_lines": [ 43.973333, 40.256363, 36.028809, 33.674623 ] }, { "date": "2024-03-01", "close": 41.799999, "volume": 89522926, "typical_volume": 217585967.4, "trend": 31.44, "fair_value": 17.439423, "relative_strength": 46.423261, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.790696, "energy": 60.888764, "activity_lines": [ 43.549999, 41.12, 36.860714, 34.388709 ] }, { "date": "2024-03-08", "close": 37.486713, "volume": 42755673, "typical_volume": 207318922.6, "trend": 31.866223, "fair_value": 17.62203, "relative_strength": 28.920778, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.639787, "energy": 45.107329, "activity_lines": [ 41.32557, 40.967584, 37.213734, 34.77882 ] }, { "date": "2024-03-15", "close": 34.799999, "volume": 104354487, "typical_volume": 202943310.35, "trend": 32.19289, "fair_value": 17.796069, "relative_strength": 20.950212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.141399, "energy": 24.322457, "activity_lines": [ 38.766456, 40.165098, 37.26475, 34.968096 ] }, { "date": "2024-03-22", "close": 33.900002, "volume": 52161230, "typical_volume": 197267181.9, "trend": 32.43789, "fair_value": 17.96594, "relative_strength": 16.214677, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.656745, "energy": 22.06078, "activity_lines": [ 36.607343, 39.133522, 37.185289, 35.078232 ] }, { "date": "2024-03-29", "close": 31.6, "volume": 44388541, "typical_volume": 181999258.55, "trend": 32.524557, "fair_value": 18.114338, "relative_strength": 6.244108, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.12698, "energy": 21.375328, "activity_lines": [ 34.318229, 37.678309, 36.857496, 35.024174 ] }, { "date": "2024-04-05", "close": 39.400002, "volume": 119832919, "typical_volume": 175470192.9, "trend": 32.92289, "fair_value": 18.314979, "relative_strength": 29.678604, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.946709, "energy": 22.291685, "activity_lines": [ 35.479115, 37.661278, 37.255654, 35.467752 ] }, { "date": "2024-04-12", "close": 37.75, "volume": 41730113, "typical_volume": 169765992.25, "trend": 33.344557, "fair_value": 18.506966, "relative_strength": 22.688028, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.679741, "energy": 13.386119, "activity_lines": [ 36.250001, 37.288792, 37.459289, 35.779178 ] }, { "date": "2024-04-19", "close": 35.299999, "volume": 39125787, "typical_volume": 165302540.35, "trend": 33.649557, "fair_value": 18.686453, "relative_strength": 15.406603, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.959494, "energy": 8.458681, "activity_lines": [ 36.186667, 36.619034, 37.3934, 35.905336 ] }, { "date": "2024-04-26", "close": 37.799999, "volume": 54147866, "typical_volume": 154729775.0, "trend": 33.989557, "fair_value": 18.879722, "relative_strength": 20.74841, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.845811, "energy": 16.821099, "activity_lines": [ 36.923333, 36.585639, 37.537749, 36.173106 ] }, { "date": "2024-05-03", "close": 36.299999, "volume": 38690308, "typical_volume": 145267909.8, "trend": 34.24789, "fair_value": 19.063056, "relative_strength": 14.552286, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.817002, "energy": 13.20982, "activity_lines": [ 36.899999, 36.382244, 37.507098, 36.322167 ] }, { "date": "2024-05-10", "close": 34.150002, "volume": 49193202, "typical_volume": 140058984.95, "trend": 34.469557, "fair_value": 19.226517, "relative_strength": 8.833396, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.003905, "energy": 6.64184, "activity_lines": [ 35.846667, 35.934304, 37.251685, 36.315851 ] }, { "date": "2024-05-17", "close": 37.25, "volume": 72824161, "typical_volume": 139905910.95, "trend": 34.784557, "fair_value": 19.404081, "relative_strength": 15.437374, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.107165, "energy": 6.957407, "activity_lines": [ 36.176667, 36.189091, 37.267224, 36.495235 ] }, { "date": "2024-05-24", "close": 40.549999, "volume": 136260057, "typical_volume": 137469676.45, "trend": 35.289557, "fair_value": 19.592863, "relative_strength": 21.675153, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.915486, "energy": 18.614444, "activity_lines": [ 37.64, 37.048182, 37.555859, 36.867199 ] }, { "date": "2024-05-31", "close": 37.0, "volume": 88329784, "typical_volume": 124865082.0, "trend": 35.59789, "fair_value": 19.763056, "relative_strength": 12.179037, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.110167, "energy": 14.542271, "activity_lines": [ 37.57, 37.157273, 37.461875, 36.97755 ] }, { "date": "2024-06-07", "close": 38.349998, "volume": 178996058, "typical_volume": 123245923.35, "trend": 35.941223, "fair_value": 19.938376, "relative_strength": 11.610487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.680116, "energy": 20.48329, "activity_lines": [ 38.003333, 37.455454, 37.480271, 37.155105 ] }, { "date": "2024-06-14", "close": 48.639999, "volume": 677695177, "typical_volume": 144003246.0, "trend": 36.51089, "fair_value": 20.166517, "relative_strength": 38.516513, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 77.218091, "energy": 64.220378, "activity_lines": [ 41.729999, 39.501818, 38.451763, 37.974381 ] }, { "date": "2024-06-21", "close": 49.189999, "volume": 173665686, "typical_volume": 120977294.75, "trend": 37.145557, "fair_value": 20.401069, "relative_strength": 38.044613, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.766468, "energy": 74.861153, "activity_lines": [ 44.673999, 41.480181, 39.417112, 38.792388 ] }, { "date": "2024-06-28", "close": 47.66, "volume": 224025311, "typical_volume": 123225821.25, "trend": 37.752557, "fair_value": 20.61203, "relative_strength": 29.370204, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.43731, "energy": 74.876539, "activity_lines": [ 46.311999, 42.972363, 40.22108, 39.470739 ] }, { "date": "2024-07-05", "close": 48.240002, "volume": 120602432, "typical_volume": 122832046.95, "trend": 38.325557, "fair_value": 20.827992, "relative_strength": 27.784398, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.173488, "energy": 78.603384, "activity_lines": [ 47.669334, 44.345273, 41.069048, 40.147349 ] }, { "date": "2024-07-12", "close": 50.240002, "volume": 356650994, "typical_volume": 135247635.6, "trend": 38.930224, "fair_value": 21.066389, "relative_strength": 30.50085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.198324, "energy": 77.766679, "activity_lines": [ 48.944001, 45.892, 42.084683, 40.916023 ] }, { "date": "2024-07-19", "close": 46.040001, "volume": 118086900, "typical_volume": 136675834.3, "trend": 39.496557, "fair_value": 21.283953, "relative_strength": 18.157668, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.270776, "energy": 51.916452, "activity_lines": [ 48.026001, 46.421637, 42.67227, 41.374718 ] }, { "date": "2024-07-26", "close": 55.369999, "volume": 516307296, "typical_volume": 160353415.45, "trend": 40.38889, "fair_value": 21.56421, "relative_strength": 38.275293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.487376, "energy": 56.835149, "activity_lines": [ 50.391334, 48.431455, 44.128238, 42.398811 ] }, { "date": "2024-08-02", "close": 52.330002, "volume": 203965862, "typical_volume": 165333984.2, "trend": 41.093224, "fair_value": 21.834915, "relative_strength": 29.657241, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.990907, "energy": 50.266008, "activity_lines": [ 51.331334, 49.559092, 45.209524, 43.169205 ] }, { "date": "2024-08-09", "close": 47.790001, "volume": 188883305, "typical_volume": 172170087.95, "trend": 41.566224, "fair_value": 22.076197, "relative_strength": 19.142238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.080163, "energy": 41.576169, "activity_lines": [ 50.446668, 49.647092, 45.774953, 43.601255 ] }, { "date": "2024-08-16", "close": 47.470001, "volume": 102059989, "typical_volume": 175053660.35, "trend": 42.058557, "fair_value": 22.318633, "relative_strength": 16.635494, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.23163, "energy": 38.139559, "activity_lines": [ 49.485334, 49.480728, 46.243762, 43.982144 ] }, { "date": "2024-08-23", "close": 48.290001, "volume": 114155195, "typical_volume": 174769774.15, "trend": 42.456557, "fair_value": 22.566966, "relative_strength": 16.535781, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.447521, "energy": 25.41835, "activity_lines": [ 48.982001, 49.297637, 46.715096, 44.384173 ] }, { "date": "2024-08-30", "close": 47.189999, "volume": 74391074, "typical_volume": 176402822.2, "trend": 42.499557, "fair_value": 22.806004, "relative_strength": 11.533143, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.037555, "energy": 19.282277, "activity_lines": [ 47.962, 48.92091, 47.039334, 44.689556 ] }, { "date": "2024-09-06", "close": 46.349998, "volume": 82681448, "typical_volume": 178580605.25, "trend": 42.534557, "fair_value": 23.042222, "relative_strength": 10.630199, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.360275, "energy": 18.62641, "activity_lines": [ 47.207333, 48.427818, 47.238619, 44.937972 ] }, { "date": "2024-09-13", "close": 45.009998, "volume": 73787261, "typical_volume": 179562575.0, "trend": 42.586557, "fair_value": 23.265684, "relative_strength": 4.659772, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.394224, "energy": 17.579483, "activity_lines": [ 46.404665, 47.714909, 47.257667, 45.097678 ] }, { "date": "2024-09-20", "close": 43.099998, "volume": 82001893, "typical_volume": 181728154.25, "trend": 42.54489, "fair_value": 23.480107, "relative_strength": -1.850232, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.804761, "energy": 11.572662, "activity_lines": [ 45.150665, 46.713454, 47.060476, 45.130803 ] }, { "date": "2024-09-27", "close": 42.630001, "volume": 67052216, "typical_volume": 182621104.95, "trend": 42.572557, "fair_value": 23.692158, "relative_strength": -4.599635, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.678394, "energy": 15.794223, "activity_lines": [ 44.031332, 45.756363, 46.786143, 45.136294 ] }, { "date": "2024-10-04", "close": 40.330002, "volume": 50152825, "typical_volume": 181487538.15, "trend": 42.667333, "fair_value": 23.881133, "relative_strength": -5.715256, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.253472, "energy": 37.320935, "activity_lines": [ 42.522667, 44.443091, 46.252381, 44.991613 ] }, { "date": "2024-10-11", "close": 42.259998, "volume": 104683909, "typical_volume": 179908730.75, "trend": 42.916, "fair_value": 24.083761, "relative_strength": -1.337406, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.721214, "energy": 37.003261, "activity_lines": [ 42.114666, 43.754181, 45.887762, 44.965333 ] }, { "date": "2024-10-18", "close": 41.650002, "volume": 117215424, "typical_volume": 181353012.75, "trend": 43.174333, "fair_value": 24.284402, "relative_strength": -2.606849, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.975225, "energy": 40.458298, "activity_lines": [ 41.776001, 43.137454, 45.456905, 44.883656 ] }, { "date": "2024-10-25", "close": 36.41, "volume": 86640523, "typical_volume": 176735236.0, "trend": 43.334667, "fair_value": 24.457543, "relative_strength": -12.657532, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.348278, "energy": 57.184786, "activity_lines": [ 39.914667, 41.679636, 44.504857, 44.447247 ] }, { "date": "2024-11-01", "close": 41.349998, "volume": 71311806, "typical_volume": 146416067.45, "trend": 43.399667, "fair_value": 24.66171, "relative_strength": -1.59498, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.692718, "energy": 42.033056, "activity_lines": [ 40.146, 41.321091, 44.032524, 44.319204 ] }, { "date": "2024-11-08", "close": 39.169998, "volume": 62141534, "typical_volume": 140839859.85, "trend": 43.447, "fair_value": 24.849658, "relative_strength": -6.365654, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.390352, "energy": 49.669044, "activity_lines": [ 39.735999, 40.692363, 43.387285, 44.046322 ] }, { "date": "2024-11-15", "close": 35.57, "volume": 58311117, "typical_volume": 132554150.15, "trend": 43.456, "fair_value": 25.015812, "relative_strength": -12.66261, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.932793, "energy": 64.38538, "activity_lines": [ 38.203333, 39.554909, 42.446904, 43.538129 ] }, { "date": "2024-11-22", "close": 36.09, "volume": 48268547, "typical_volume": 128937455.9, "trend": 43.399, "fair_value": 25.176004, "relative_strength": -12.760986, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.574059, "energy": 69.048141, "activity_lines": [ 37.289999, 38.708, 41.613619, 43.062903 ] }, { "date": "2024-11-29", "close": 42.82, "volume": 126907409, "typical_volume": 117450276.65, "trend": 43.616333, "fair_value": 25.374851, "relative_strength": 2.181995, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.470058, "energy": 40.417412, "activity_lines": [ 38.990666, 39.246909, 41.479143, 43.025548 ] }, { "date": "2024-12-06", "close": 47.009998, "volume": 182550002, "typical_volume": 120673431.75, "trend": 44.045, "fair_value": 25.564658, "relative_strength": 9.182531, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.716058, "energy": 12.64479, "activity_lines": [ 41.660666, 40.552727, 41.779047, 43.244494 ] }, { "date": "2024-12-13", "close": 46.110001, "volume": 148400791, "typical_volume": 102278106.5, "trend": 44.340333, "fair_value": 25.765684, "relative_strength": 6.272689, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.699526, "energy": 18.740719, "activity_lines": [ 43.653333, 41.615272, 41.988619, 43.37772 ] }, { "date": "2024-12-20", "close": 43.560001, "volume": 198787218, "typical_volume": 102019174.3, "trend": 44.440667, "fair_value": 25.946838, "relative_strength": 4.861866, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.285983, "energy": 23.074622, "activity_lines": [ 44.333334, 42.109091, 41.999428, 43.327376 ] }, { "date": "2024-12-27", "close": 38.560001, "volume": 145604406, "typical_volume": 99855229.35, "trend": 44.492667, "fair_value": 26.087286, "relative_strength": -8.358584, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.64637, "energy": 21.656636, "activity_lines": [ 42.814001, 41.670182, 41.575809, 42.947978 ] }, { "date": "2025-01-03", "close": 40.380001, "volume": 138762216, "typical_volume": 101690340.7, "trend": 44.560333, "fair_value": 26.239722, "relative_strength": -5.051445, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.07285, "energy": 11.079034, "activity_lines": [ 41.736667, 41.618364, 41.369476, 42.682645 ] }, { "date": "2025-01-10", "close": 34.48, "volume": 143322791, "typical_volume": 103148720.5, "trend": 44.088333, "fair_value": 26.360428, "relative_strength": -16.884126, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.694998, "energy": 49.533802, "activity_lines": [ 38.855334, 40.421637, 40.635, 42.032301 ] }, { "date": "2025-01-17", "close": 34.880001, "volume": 131828193, "typical_volume": 106020576.45, "trend": 43.611333, "fair_value": 26.486581, "relative_strength": -15.084247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.758366, "energy": 63.676179, "activity_lines": [ 36.942667, 39.422546, 40.004381, 41.438215 ] }, { "date": "2025-01-24", "close": 31.67, "volume": 101629710, "typical_volume": 106967989.55, "trend": 43.078333, "fair_value": 26.589915, "relative_strength": -22.248926, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.358671, "energy": 77.679209, "activity_lines": [ 34.708667, 37.917819, 39.126667, 40.667806 ] }, { "date": "2025-01-31", "close": 32.049999, "volume": 132958901, "typical_volume": 109926571.55, "trend": 42.538667, "fair_value": 26.686389, "relative_strength": -22.083016, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.866653, "energy": 79.278917, "activity_lines": [ 33.394, 36.553091, 38.355048, 39.956301 ] }, { "date": "2025-02-07", "close": 31.09, "volume": 113737519, "typical_volume": 111513352.85, "trend": 41.900333, "fair_value": 26.763889, "relative_strength": -23.946955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.740792, "energy": 78.140799, "activity_lines": [ 32.193333, 35.087273, 37.553714, 39.217677 ] }, { "date": "2025-02-14", "close": 25.74, "volume": 111914098, "typical_volume": 113756446.95, "trend": 41.223667, "fair_value": 26.817992, "relative_strength": -34.687889, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.320755, "energy": 85.83826, "activity_lines": [ 29.828667, 32.862, 36.300048, 38.175075 ] }, { "date": "2025-02-21", "close": 26.41, "volume": 122865819, "typical_volume": 117392096.65, "trend": 40.258333, "fair_value": 26.888248, "relative_strength": -31.957834, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.474495, "energy": 81.288757, "activity_lines": [ 28.27, 31.145273, 35.190619, 37.219355 ] }, { "date": "2025-02-28", "close": 23.610001, "volume": 60001863, "typical_volume": 115157994.35, "trend": 39.301, "fair_value": 26.942479, "relative_strength": -36.751957, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.04763, "energy": 88.905793, "activity_lines": [ 26.342667, 29.277637, 33.88081, 36.145269 ] }, { "date": "2025-03-07", "close": 25.49, "volume": 170156946, "typical_volume": 117805070.45, "trend": 38.557667, "fair_value": 27.004915, "relative_strength": -32.598979, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.08442, "energy": 84.844169, "activity_lines": [ 25.579334, 28.114546, 32.838857, 35.254237 ] }, { "date": "2025-03-14", "close": 22.620001, "volume": 92129058, "typical_volume": 118079497.2, "trend": 37.729333, "fair_value": 27.042863, "relative_strength": -39.376723, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.450369, "energy": 85.787569, "activity_lines": [ 24.296667, 26.667273, 31.600524, 34.226 ] }, { "date": "2025-03-21", "close": 27.540001, "volume": 187554648, "typical_volume": 123891639.3, "trend": 37.037667, "fair_value": 27.112671, "relative_strength": -28.912674, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.658298, "energy": 63.271951, "activity_lines": [ 25.218667, 26.437455, 30.896429, 33.568624 ] }, { "date": "2025-03-28", "close": 25.85, "volume": 175596133, "typical_volume": 129564369.25, "trend": 36.326333, "fair_value": 27.170684, "relative_strength": -33.510567, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.678965, "energy": 54.555903, "activity_lines": [ 25.457334, 26.026546, 30.097143, 32.846839 ] }, { "date": "2025-04-04", "close": 25.73, "volume": 77993586, "typical_volume": 130548492.7, "trend": 35.639, "fair_value": 27.217992, "relative_strength": -31.543423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.124878, "energy": 50.381243, "activity_lines": [ 25.693334, 25.758, 29.349857, 32.163204 ] }, { "date": "2025-04-11", "close": 25.18, "volume": 65312987, "typical_volume": 131400714.7, "trend": 34.978, "fair_value": 27.266902, "relative_strength": -32.329336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.925529, "energy": 42.503764, "activity_lines": [ 25.604667, 25.497455, 28.597048, 31.48843 ] }, { "date": "2025-04-18", "close": 26.67, "volume": 49369125, "typical_volume": 127523800.5, "trend": 34.430333, "fair_value": 27.322158, "relative_strength": -31.012226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.775619, "energy": 39.735683, "activity_lines": [ 26.033333, 25.632728, 28.038095, 30.95243 ] }, { "date": "2025-04-25", "close": 27.26, "volume": 142641920, "typical_volume": 125528396.4, "trend": 33.918, "fair_value": 27.395299, "relative_strength": -29.575374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.114921, "energy": 34.365519, "activity_lines": [ 26.388667, 25.955637, 27.612238, 30.489828 ] }, { "date": "2025-05-02", "close": 25.290001, "volume": 55589722, "typical_volume": 120887842.95, "trend": 33.416667, "fair_value": 27.463825, "relative_strength": -35.042427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.12988, "energy": 35.43346, "activity_lines": [ 26.106, 25.892728, 27.09281, 29.933183 ] }, { "date": "2025-05-09", "close": 24.309999, "volume": 77914859, "typical_volume": 114844225.0, "trend": 32.818333, "fair_value": 27.532158, "relative_strength": -36.268013, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.784873, "energy": 40.648793, "activity_lines": [ 25.534, 25.672, 26.579191, 29.345656 ] }, { "date": "2025-05-16", "close": 30.42, "volume": 149382956, "typical_volume": 115033152.5, "trend": 32.444, "fair_value": 27.635492, "relative_strength": -23.063099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.041373, "energy": 19.020303, "activity_lines": [ 27.093333, 26.549455, 26.739143, 29.190925 ] }, { "date": "2025-05-23", "close": 29.4, "volume": 115142973, "typical_volume": 113852190.35, "trend": 32.210333, "fair_value": 27.739017, "relative_strength": -24.609021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.450351, "energy": 12.613369, "activity_lines": [ 27.963333, 27.151818, 26.840714, 28.994538 ] }, { "date": "2025-05-30", "close": 33.790001, "volume": 201946669, "typical_volume": 116783384.25, "trend": 31.958333, "fair_value": 27.871646, "relative_strength": -12.696615, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 14.956888, "energy": 24.121687, "activity_lines": [ 30.114667, 28.429091, 27.412667, 29.096452 ] }, { "date": "2025-06-06", "close": 34.830002, "volume": 169983903, "typical_volume": 118691169.75, "trend": 31.813667, "fair_value": 28.012863, "relative_strength": -10.639139, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 38.431357, "energy": 46.004156, "activity_lines": [ 32.177334, 29.781819, 28.086953, 29.281721 ] }, { "date": "2025-06-13", "close": 32.27, "volume": 215464599, "typical_volume": 124382914.2, "trend": 31.703667, "fair_value": 28.147287, "relative_strength": -15.454102, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.80782, "energy": 48.114906, "activity_lines": [ 32.750667, 30.505819, 28.517667, 29.311162 ] }, { "date": "2025-06-20", "close": 30.280001, "volume": 70590083, "typical_volume": 121264473.3, "trend": 31.51, "fair_value": 28.259979, "relative_strength": -21.039282, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.110404, "energy": 43.225989, "activity_lines": [ 32.130001, 30.749091, 28.756, 29.219312 ] }, { "date": "2025-06-27", "close": 30.379999, "volume": 32291729, "typical_volume": 117192183.8, "trend": 31.095334, "fair_value": 28.377158, "relative_strength": -21.612303, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.260694, "energy": 23.43296, "activity_lines": [ 31.552, 30.917819, 29.012286, 29.146409 ] }, { "date": "2025-07-04", "close": 29.940001, "volume": 20827378, "typical_volume": 112637847.8, "trend": 30.526334, "fair_value": 28.489594, "relative_strength": -21.403956, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 10.965859, "energy": 9.826272, "activity_lines": [ 30.762, 30.939091, 29.230048, 29.071871 ] }, { "date": "2025-07-11", "close": 29.110001, "volume": 17291024, "typical_volume": 107359108.05, "trend": 29.959667, "fair_value": 28.598953, "relative_strength": -21.73912, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.130706, "energy": 10.960679, "activity_lines": [ 29.952001, 30.760728, 29.348762, 28.980495 ] }, { "date": "2025-07-18", "close": 28.360001, "volume": 15612009, "typical_volume": 105139615.35, "trend": 29.453, "fair_value": 28.699979, "relative_strength": -22.454244, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.486908, "energy": 11.935331, "activity_lines": [ 29.273334, 30.376546, 29.383191, 28.877291 ] }, { "date": "2025-07-25", "close": 26.82, "volume": 14894709, "typical_volume": 97376503.5, "trend": 29.061667, "fair_value": 28.786005, "relative_strength": -25.147279, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.292143, "energy": 20.13377, "activity_lines": [ 28.342001, 29.638728, 29.248334, 28.70742 ] }, { "date": "2025-08-01", "close": 25.85, "volume": 16578548, "typical_volume": 93598978.0, "trend": 28.577334, "fair_value": 28.872864, "relative_strength": -26.00638, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.873624, "energy": 30.293419, "activity_lines": [ 27.318, 28.79, 29.014762, 28.500215 ] }, { "date": "2025-08-08", "close": 27.280001, "volume": 16960784, "typical_volume": 85069284.8, "trend": 28.337334, "fair_value": 28.968889, "relative_strength": -20.359285, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.587229, "energy": 25.081292, "activity_lines": [ 27.072667, 28.265819, 28.902, 28.416517 ] }, { "date": "2025-08-15", "close": 25.639999, "volume": 12706464, "typical_volume": 76924801.35, "trend": 28.029334, "fair_value": 29.052479, "relative_strength": -25.045622, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.832088, "energy": 41.876277, "activity_lines": [ 26.458, 27.561818, 28.634286, 28.242495 ] }, { "date": "2025-08-22", "close": 27.290001, "volume": 12410217, "typical_volume": 73645632.9, "trend": 27.883334, "fair_value": 29.144722, "relative_strength": -20.049239, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.739903, "energy": 33.973998, "activity_lines": [ 26.624667, 27.324909, 28.524715, 28.194796 ] }, { "date": "2025-08-29", "close": 25.33, "volume": 10432317, "typical_volume": 70901599.4, "trend": 27.659334, "fair_value": 29.216389, "relative_strength": -23.552549, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.969381, "energy": 34.753955, "activity_lines": [ 26.209334, 26.822182, 28.221048, 28.030065 ] }, { "date": "2025-09-05", "close": 28.83, "volume": 24038050, "typical_volume": 69635045.65, "trend": 27.584, "fair_value": 29.314017, "relative_strength": -13.233384, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 1.851914, "energy": 10.205143, "activity_lines": [ 27.06, 27.045818, 28.25, 28.105592 ] }, { "date": "2025-09-12", "close": 28.49, "volume": 26099671, "typical_volume": 63807933.2, "trend": 27.675667, "fair_value": 29.413312, "relative_strength": -14.748045, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.458028, "energy": 7.083751, "activity_lines": [ 27.598667, 27.235818, 28.236286, 28.164043 ] }, { "date": "2025-09-19", "close": 28.9, "volume": 35205718, "typical_volume": 62788733.0, "trend": 27.758667, "fair_value": 29.516197, "relative_strength": -13.586688, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.779326, "energy": 14.184776, "activity_lines": [ 28.193333, 27.526727, 28.255762, 28.243033 ] }, { "date": "2025-09-26", "close": 27.59, "volume": 56872516, "typical_volume": 61736615.85, "trend": 27.891334, "fair_value": 29.604915, "relative_strength": -14.620622, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.461402, "energy": 13.488845, "activity_lines": [ 28.134, 27.583273, 28.133286, 28.232151 ] }, { "date": "2025-10-03", "close": 28.58, "volume": 41356310, "typical_volume": 56335283.55, "trend": 27.994334, "fair_value": 29.691005, "relative_strength": -11.807383, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.979549, "energy": 12.506391, "activity_lines": [ 28.384667, 27.833818, 28.089476, 28.276581 ] }, { "date": "2025-10-10", "close": 28.639999, "volume": 60172109, "typical_volume": 53586740.35, "trend": 28.195, "fair_value": 29.785171, "relative_strength": -12.263191, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.895226, "energy": 14.182129, "activity_lines": [ 28.438666, 28.063273, 28.060143, 28.318237 ] }, { "date": "2025-10-17", "close": 27.34, "volume": 38476374, "typical_volume": 45413225.6, "trend": 28.188334, "fair_value": 29.873248, "relative_strength": -16.870222, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.616349, "energy": 3.802726, "activity_lines": [ 28.072, 28.005636, 27.910619, 28.263075 ] }, { "date": "2025-10-24", "close": 28.34, "volume": 23149785, "typical_volume": 38071519.7, "trend": 28.271334, "fair_value": 29.968376, "relative_strength": -13.585744, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.597717, "energy": 4.579947, "activity_lines": [ 28.115333, 28.128727, 27.887048, 28.27286 ] }, { "date": "2025-10-31", "close": 28.540001, "volume": 48850485, "typical_volume": 29740814.0, "trend": 28.365, "fair_value": 30.056774, "relative_strength": -11.940503, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.855171, "energy": 5.364288, "activity_lines": [ 28.262667, 28.239091, 27.913429, 28.290194 ] }, { "date": "2025-11-07", "close": 26.309999, "volume": 32954919, "typical_volume": 27859055.8, "trend": 28.402667, "fair_value": 30.131517, "relative_strength": -17.345054, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.186572, "energy": 24.828953, "activity_lines": [ 27.603333, 27.921273, 27.74519, 28.157613 ] }, { "date": "2025-11-14", "close": 25.65, "volume": 35974987, "typical_volume": 28043218.7, "trend": 28.368667, "fair_value": 30.182479, "relative_strength": -20.075725, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.544411, "energy": 45.72981, "activity_lines": [ 26.875333, 27.465636, 27.533, 27.980022 ] }, { "date": "2025-11-21", "close": 24.030001, "volume": 35036036, "typical_volume": 28753651.6, "trend": 28.261, "fair_value": 30.229787, "relative_strength": -24.89228, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.735239, "energy": 66.030239, "activity_lines": [ 25.806667, 26.773273, 27.189048, 27.700108 ] }, { "date": "2025-11-28", "close": 20.177113, "volume": 61259269, "typical_volume": 30952063.85, "trend": 28.090571, "fair_value": 30.240217, "relative_strength": -36.255995, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.473147, "energy": 83.889372, "activity_lines": [ 23.674371, 25.461475, 26.506297, 27.178567 ] }, { "date": "2025-12-05", "close": 19.9, "volume": 568558546, "typical_volume": 58599390.7, "trend": 27.943571, "fair_value": 30.239255, "relative_strength": -35.923865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.917916, "energy": 89.780518, "activity_lines": [ 21.993897, 24.257891, 25.839691, 26.650143 ] }, { "date": "2025-12-12", "close": 17.940001, "volume": 200937339, "typical_volume": 67901522.2, "trend": 27.527571, "fair_value": 30.224127, "relative_strength": -40.799601, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.734584, "energy": 95.146305, "activity_lines": [ 20.23609, 22.837762, 25.026705, 26.004751 ] }, { "date": "2025-12-19", "close": 18.540001, "volume": 226328582, "typical_volume": 78389023.9, "trend": 27.165571, "fair_value": 30.235601, "relative_strength": -37.458884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.225787, "energy": 90.905854, "activity_lines": [ 19.236282, 21.720178, 24.313147, 25.424908 ] }, { "date": "2025-12-26", "close": 18.620001, "volume": 264214973, "typical_volume": 90751733.35, "trend": 26.659904, "fair_value": 30.226114, "relative_strength": -36.403371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.41538, "energy": 88.1459, "activity_lines": [ 18.737142, 20.800777, 23.642018, 24.873581 ] }, { "date": "2026-01-02", "close": 19.389999, "volume": 163490605, "typical_volume": 98290940.4, "trend": 26.145237, "fair_value": 30.216755, "relative_strength": -33.416379, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.377397, "energy": 79.86354, "activity_lines": [ 18.855334, 20.17992, 23.085461, 24.404555 ] }, { "date": "2026-01-09", "close": 18.17, "volume": 129952031, "typical_volume": 104168031.1, "trend": 25.675237, "fair_value": 30.209832, "relative_strength": -35.17707, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.074098, "energy": 65.673599, "activity_lines": [ 18.619333, 19.499972, 22.442474, 23.890023 ] }, { "date": "2026-01-16", "close": 20.66, "volume": 216468303, "typical_volume": 114469830.4, "trend": 25.354571, "fair_value": 30.215666, "relative_strength": -25.406509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.306164, "energy": 53.000212, "activity_lines": [ 19.328667, 19.461297, 22.08006, 23.56646 ] }, { "date": "2026-01-23", "close": 18.17, "volume": 143342819, "typical_volume": 120435068.85, "trend": 24.947571, "fair_value": 30.216114, "relative_strength": -31.920922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.071618, "energy": 52.381079, "activity_lines": [ 19.026667, 19.072622, 21.50274, 23.102939 ] }, { "date": "2026-01-30", "close": 20.02, "volume": 132575271, "typical_volume": 125758848.85, "trend": 24.616904, "fair_value": 30.248935, "relative_strength": -25.020156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.345252, "energy": 39.838939, "activity_lines": [ 19.366, 19.156311, 21.152373, 22.785031 ] }, { "date": "2026-02-06", "close": 19.059999, "volume": 95985020, "typical_volume": 128797813.95, "trend": 24.281904, "fair_value": 30.274319, "relative_strength": -28.902866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.498219, "energy": 36.454561, "activity_lines": [ 19.292, 19.138364, 20.75091, 22.426521 ] }, { "date": "2026-02-13", "close": 19.83, "volume": 130479274, "typical_volume": 132478151.85, "trend": 23.99757, "fair_value": 30.306883, "relative_strength": -24.908004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.794716, "energy": 34.844292, "activity_lines": [ 19.496666, 19.280727, 20.469638, 22.139301 ] }, { "date": "2026-02-20", "close": 18.690001, "volume": 64552571, "typical_volume": 133637964.9, "trend": 23.726571, "fair_value": 30.336627, "relative_strength": -28.938453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.701026, "energy": 36.987791, "activity_lines": [ 19.210667, 19.217091, 20.116747, 21.796878 ] }, { "date": "2026-02-27", "close": 17.379999, "volume": 81383392, "typical_volume": 134698529.05, "trend": 23.444237, "fair_value": 30.352204, "relative_strength": -32.412623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.330126, "energy": 48.681267, "activity_lines": [ 18.619333, 18.901636, 19.68619, 21.387421 ] }, { "date": "2026-03-06", "close": 16.01, "volume": 88151753, "typical_volume": 137182298.0, "trend": 23.06857, "fair_value": 30.354512, "relative_strength": -35.306831, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.937162, "energy": 71.563028, "activity_lines": [ 17.624, 18.358182, 19.178775, 20.907793 ] }, { "date": "2026-03-13", "close": 15.33, "volume": 88972961, "typical_volume": 140473456.8, "trend": 22.724904, "fair_value": 30.357909, "relative_strength": -34.142737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.991011, "energy": 85.517542, "activity_lines": [ 16.669333, 17.738545, 18.66055, 20.408531 ] }, { "date": "2026-03-20", "close": 15.44, "volume": 123781877, "typical_volume": 144220026.4, "trend": 22.329904, "fair_value": 30.36746, "relative_strength": -32.908867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.603505, "energy": 86.192756, "activity_lines": [ 16.0, 17.212727, 18.214755, 19.938537 ] }, { "date": "2026-03-27", "close": 14.52, "volume": 133174428, "typical_volume": 149231001.85, "trend": 21.96957, "fair_value": 30.372717, "relative_strength": -35.514722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.678703, "energy": 90.017582, "activity_lines": [ 15.316667, 16.569273, 17.743721, 19.434672 ] }, { "date": "2026-04-03", "close": 15.4, "volume": 93492108, "typical_volume": 152106857.9, "trend": 21.521904, "fair_value": 30.375922, "relative_strength": -30.684212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.422415, "energy": 78.312849, "activity_lines": [ 15.204667, 16.197454, 17.412639, 19.010829 ] }, { "date": "2026-04-10", "close": 17.6, "volume": 175197837, "typical_volume": 159114947.95, "trend": 21.158904, "fair_value": 30.397076, "relative_strength": -24.637421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.555019, "energy": 51.421406, "activity_lines": [ 15.958, 16.276, 17.339891, 18.757803 ] }, { "date": "2026-04-17", "close": 19.09, "volume": 175798173, "typical_volume": 164841893.15, "trend": 20.831904, "fair_value": 30.426178, "relative_strength": -18.73614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.876161, "energy": 27.902773, "activity_lines": [ 17.102, 16.669455, 17.439667, 18.624325 ] }, { "date": "2026-04-24", "close": 20.049999, "volume": 236132241, "typical_volume": 148220577.9, "trend": 20.58057, "fair_value": 30.450858, "relative_strength": -12.507829, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.244354, "energy": 19.51982, "activity_lines": [ 18.315333, 17.236909, 17.636047, 18.57388 ] }, { "date": "2026-05-01", "close": 22.040001, "volume": 234299239, "typical_volume": 149888672.9, "trend": 20.36257, "fair_value": 30.487012, "relative_strength": -3.991576, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 22.650852, "energy": 37.085553, "activity_lines": [ 19.884667, 18.162182, 18.021238, 18.668036 ] }, { "date": "2026-05-08", "close": 23.299999, "volume": 226725873, "typical_volume": 149908537.45, "trend": 20.18457, "fair_value": 30.532845, "relative_strength": 0.84627, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.333668, "energy": 52.435499, "activity_lines": [ 21.372666, 19.255636, 18.506905, 18.857548 ] }, { "date": "2026-05-15", "close": 21.41, "volume": 198580410, "typical_volume": 146626809.3, "trend": 19.986904, "fair_value": 30.559191, "relative_strength": -4.650968, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.943788, "energy": 59.101154, "activity_lines": [ 21.704, 19.897818, 18.789905, 18.936608 ] }, { "date": "2026-05-22", "close": 20.870001, "volume": 125117661, "typical_volume": 144708162.1, "trend": 19.737904, "fair_value": 30.57823, "relative_strength": -6.780781, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.484092, "energy": 62.581072, "activity_lines": [ 21.601334, 20.343636, 19.00819, 18.993582 ] }, { "date": "2026-05-29", "close": 22.809999, "volume": 260430980, "typical_volume": 151232109.55, "trend": 19.546904, "fair_value": 30.604896, "relative_strength": 3.462689, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.568175, "energy": 59.10558, "activity_lines": [ 22.026667, 21.041454, 19.40419, 19.191782 ] }, { "date": "2026-06-05", "close": 24.02, "volume": 41445923, "typical_volume": 142480990.55, "trend": 19.47057, "fair_value": 30.63355, "relative_strength": 10.624784, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 76.630292, "energy": 58.644316, "activity_lines": [ 22.671333, 21.825273, 19.893333, 19.480368 ] }, { "date": "2026-06-12", "close": 23.370001, "volume": 52939377, "typical_volume": 137960818.45, "trend": 19.394571, "fair_value": 30.66573, "relative_strength": 7.165162, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.049564, "energy": 56.592649, "activity_lines": [ 22.967334, 22.318182, 20.304571, 19.731945 ] }, { "date": "2026-06-19", "close": 27.02, "volume": 57016131, "typical_volume": 134182861.45, "trend": 19.494237, "fair_value": 30.711691, "relative_strength": 22.0941, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.520426, "energy": 82.116156, "activity_lines": [ 24.475334, 23.329818, 21.038667, 20.223908 ] }, { "date": "2026-06-26", "close": 26.76, "volume": 0, "typical_volume": 129383610.45, "trend": 19.713667, "fair_value": 30.754704, "relative_strength": 20.886653, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.124358, "energy": 86.910762, "activity_lines": [ 25.522667, 24.122909, 21.714667, 20.692667 ] }, { "date": "2026-07-03", "close": 24.83, "volume": 22478383, "typical_volume": 123983565.9, "trend": 19.878, "fair_value": 30.78214, "relative_strength": 11.531399, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.160586, "energy": 76.650108, "activity_lines": [ 25.534, 24.425636, 22.17019, 21.022753 ] }, { "date": "2026-07-10", "close": 23.889999, "volume": 149248019, "typical_volume": 128218338.3, "trend": 20.076333, "fair_value": 30.80323, "relative_strength": 7.97869, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.809946, "energy": 63.708567, "activity_lines": [ 25.097333, 24.470545, 22.512381, 21.281591 ] }, { "date": "2026-07-17", "close": 22.370001, "volume": 101244829, "typical_volume": 129211410.15, "trend": 20.204, "fair_value": 30.822268, "relative_strength": 1.0396, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.122818, "energy": 38.896509, "activity_lines": [ 24.162667, 24.205455, 22.685048, 21.42957 ] }, { "date": "2026-07-24", "close": 21.43, "volume": 100493952, "typical_volume": 129828520.1, "trend": 20.297667, "fair_value": 30.835922, "relative_strength": -0.522958, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.609355, "energy": 24.901618, "activity_lines": [ 22.981333, 23.786364, 22.744429, 21.508667 ] }, { "date": "2026-07-31", "close": 21.440001, "volume": 78713899, "typical_volume": 129315567.0, "trend": 20.366, "fair_value": 30.841627, "relative_strength": -2.633982, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.62937, "energy": 27.070212, "activity_lines": [ 22.176, 23.368728, 22.778953, 21.582366 ] }, { "date": "2026-08-07", "close": 20.52, "volume": 94541113, "typical_volume": 127853528.8, "trend": 20.444333, "fair_value": 30.814832, "relative_strength": -6.957588, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.529764, "energy": 23.330807, "activity_lines": [ 21.418667, 22.773455, 22.696762, 21.592301 ] } ], "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." } } }