{ "ticker": { "uuid": "547792e3-9222-4cbf-8f21-8fba12845358", "symbol": "TATAINVEST", "name": "Tata Investment Corporation Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 81.43, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 39.386, "architecture_energy": 17.957, "architecture_maturity": 26.65, "architecture_confidence": 82.861, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 52.86, "rotation_up": 35.16, "upward_expansion": 57.11, "deceleration": 79.2, "rotation_down": 29.48, "downward_expansion": 20.77 }, "activity_lines": [ 673.11001, 673.0748, 675.657412, 668.17209 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 693.650024, "trend_reference": 658.081671, "distance_from_trend": 0.054049, "trend_direction": "Weakening", "fair_value": 619.372437, "distance_from_fair_value": 0.119924, "fair_value_direction": "Weakening", "relative_strength": -0.153161, "relative_strength_direction": "Weakening", "price_momentum": 0.119594, "excess_performance": 0.163304, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.054049, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.025125, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.119924, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.105697, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.001532, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.061073, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.119594, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.694653, "read": "Demand-led" } ], "volume": { "latest": 4352956, "relative_activity": 1.44627, "balance": 1.694653, "dry_up": 0.643518, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.053134, "annualized_volatility": 0.366454, "from_high_reference": -0.411473, "from_low_reference": 0.293917 }, "levels": { "trend_reference": 658.081671, "fair_value_reference": 619.372437, "structural_low": 536.085226, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": -0.016645, "positive_rate": 0.384615, "directional_follow_through": 0.384615, "median_excess_return": -0.007288, "regime_survival": 0.615385, "best_return": 0.096361, "worst_return": -0.125532, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.033389, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": 0.012207, "regime_survival": 0.4, "best_return": 0.78137, "worst_return": -0.073915, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.377085, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.328812, "regime_survival": 0.0, "best_return": 0.714989, "worst_return": -0.104836, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.1617, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.169143, "regime_survival": 0.0, "best_return": 0.372123, "worst_return": -0.048724, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-20", "end": "2024-10-04", "tenure": "New", "return": -0.015397, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-11", "end": "2025-01-24", "tenure": "Established", "return": -0.132429, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-31", "end": "2025-02-07", "tenure": "New", "return": -0.020845, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-14", "end": "2025-03-21", "tenure": "Developing", "return": 0.215344, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-06-06", "tenure": "Developing", "return": 0.080773, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": -0.00655, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-07-18", "tenure": "New", "return": -0.009765, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-25", "end": "2025-08-08", "tenure": "New", "return": 0.040915, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-11-07", "tenure": "Established", "return": 0.136281, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2025-12-26", "tenure": "Developing", "return": -0.092274, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-01-02", "end": "2026-01-30", "tenure": "Developing", "return": -0.114885, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-06", "end": "2026-05-01", "tenure": "Established", "return": 0.155359, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-06-12", "tenure": "Developing", "return": -0.06726, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.003835, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 247.755493, "volume": 1884910, "typical_volume": 3291513.0, "trend": 214.972964, "fair_value": 147.759264, "relative_strength": 8.30667, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.177635, "energy": 74.27497, "activity_lines": [ 245.823559, 240.63649, 232.338721, 223.776657 ] }, { "date": "2023-08-25", "close": 239.337601, "volume": 2648360, "typical_volume": 3060749.5, "trend": 216.139177, "fair_value": 148.805983, "relative_strength": 4.209425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.92077, "energy": 54.900904, "activity_lines": [ 244.383733, 240.948336, 233.815373, 225.348569 ] }, { "date": "2023-09-01", "close": 241.834335, "volume": 1327070, "typical_volume": 2963018.0, "trend": 217.207698, "fair_value": 149.878014, "relative_strength": 3.820919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.073049, "energy": 47.563277, "activity_lines": [ 243.327461, 241.713505, 235.30109, 227.006321 ] }, { "date": "2023-09-08", "close": 245.224213, "volume": 1908110, "typical_volume": 2556007.5, "trend": 218.102293, "fair_value": 150.98275, "relative_strength": 2.826814, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.188978, "energy": 45.166142, "activity_lines": [ 243.568915, 242.853775, 236.908768, 228.813838 ] }, { "date": "2023-09-15", "close": 243.7686, "volume": 1957120, "typical_volume": 2547983.0, "trend": 219.09642, "fair_value": 152.028458, "relative_strength": 0.84462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.201974, "energy": 35.942517, "activity_lines": [ 243.444903, 243.47433, 238.203067, 230.469729 ] }, { "date": "2023-09-22", "close": 276.033905, "volume": 25490800, "typical_volume": 3759547.0, "trend": 221.839301, "fair_value": 153.312194, "relative_strength": 17.111229, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.879318, "energy": 62.945351, "activity_lines": [ 254.261522, 249.677627, 242.404208, 234.143115 ] }, { "date": "2023-09-29", "close": 323.037933, "volume": 68572590, "typical_volume": 7097453.5, "trend": 226.064566, "fair_value": 154.889337, "relative_strength": 36.55269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.661265, "energy": 94.107925, "activity_lines": [ 278.860923, 263.602996, 250.770817, 240.672059 ] }, { "date": "2023-10-06", "close": 326.264923, "volume": 11165850, "typical_volume": 7485870.0, "trend": 230.487453, "fair_value": 156.469047, "relative_strength": 37.198791, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.364205, "energy": 96.3421, "activity_lines": [ 298.955965, 276.470896, 258.902185, 247.136598 ] }, { "date": "2023-10-13", "close": 313.578888, "volume": 3350190, "typical_volume": 7536268.0, "trend": 234.650186, "fair_value": 157.983242, "relative_strength": 30.710954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.953233, "energy": 90.804031, "activity_lines": [ 309.193623, 285.542897, 265.286197, 252.497336 ] }, { "date": "2023-10-20", "close": 323.472137, "volume": 10433010, "typical_volume": 7978653.5, "trend": 239.261747, "fair_value": 159.556612, "relative_strength": 35.44737, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.560264, "energy": 90.75478, "activity_lines": [ 318.172052, 295.203514, 272.149252, 258.227785 ] }, { "date": "2023-10-27", "close": 307.149506, "volume": 5706780, "typical_volume": 8031821.0, "trend": 243.878578, "fair_value": 161.030675, "relative_strength": 31.212522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.372731, "energy": 71.787116, "activity_lines": [ 316.396035, 300.497823, 276.94956, 262.60764 ] }, { "date": "2023-11-03", "close": 315.197327, "volume": 4516390, "typical_volume": 8033553.5, "trend": 248.008263, "fair_value": 162.550884, "relative_strength": 32.597674, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.578885, "energy": 60.858199, "activity_lines": [ 315.228251, 306.175482, 282.130608, 267.20885 ] }, { "date": "2023-11-10", "close": 315.296021, "volume": 3080760, "typical_volume": 8028741.5, "trend": 251.863176, "fair_value": 164.062418, "relative_strength": 30.597136, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.845469, "energy": 56.0344, "activity_lines": [ 314.616073, 310.491818, 286.959654, 271.549995 ] }, { "date": "2023-11-17", "close": 385.752716, "volume": 26730850, "typical_volume": 9289628.5, "trend": 257.770702, "fair_value": 165.994338, "relative_strength": 55.60622, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.636765, "energy": 69.679922, "activity_lines": [ 338.22072, 326.282794, 298.085861, 280.18803 ] }, { "date": "2023-11-24", "close": 408.919189, "volume": 96082740, "typical_volume": 14011297.0, "trend": 264.438038, "fair_value": 168.064694, "relative_strength": 62.387755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.138641, "energy": 72.948246, "activity_lines": [ 364.735935, 343.730793, 310.682415, 289.939546 ] }, { "date": "2023-12-01", "close": 408.480042, "volume": 9175190, "typical_volume": 14390574.0, "trend": 271.030645, "fair_value": 170.106741, "relative_strength": 56.506892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.965665, "energy": 86.72547, "activity_lines": [ 385.408299, 358.096209, 322.376418, 299.232578 ] }, { "date": "2023-12-08", "close": 415.679169, "volume": 8537170, "typical_volume": 14727784.5, "trend": 277.916709, "fair_value": 172.18718, "relative_strength": 52.054568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.882533, "energy": 89.407121, "activity_lines": [ 401.725002, 371.362445, 333.909516, 308.564741 ] }, { "date": "2023-12-15", "close": 424.66452, "volume": 9931050, "typical_volume": 14885036.0, "trend": 284.970826, "fair_value": 174.32393, "relative_strength": 49.938271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.800098, "energy": 86.701519, "activity_lines": [ 414.338033, 384.577996, 345.426591, 318.032342 ] }, { "date": "2023-12-22", "close": 414.406097, "volume": 8714100, "typical_volume": 15167565.5, "trend": 291.573929, "fair_value": 176.397262, "relative_strength": 45.163271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.216058, "energy": 74.009161, "activity_lines": [ 416.240356, 394.139295, 355.108037, 326.383004 ] }, { "date": "2023-12-29", "close": 422.577301, "volume": 3661950, "typical_volume": 15243749.5, "trend": 298.434907, "fair_value": 178.51873, "relative_strength": 43.732961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.867207, "energy": 70.546346, "activity_lines": [ 418.956189, 403.353046, 364.770617, 334.834835 ] }, { "date": "2024-01-05", "close": 423.376678, "volume": 3625950, "typical_volume": 15330801.5, "trend": 305.009187, "fair_value": 180.632444, "relative_strength": 42.48652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.524168, "energy": 65.414282, "activity_lines": [ 421.02794, 410.910225, 373.671111, 342.895594 ] }, { "date": "2024-01-12", "close": 436.65976, "volume": 9688870, "typical_volume": 15682827.0, "trend": 311.587743, "fair_value": 182.799111, "relative_strength": 44.175376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.214191, "energy": 65.512267, "activity_lines": [ 426.534275, 418.76929, 383.000369, 351.38918 ] }, { "date": "2024-01-19", "close": 450.317871, "volume": 8194850, "typical_volume": 16026216.0, "trend": 318.97947, "fair_value": 185.059358, "relative_strength": 48.75362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.263374, "energy": 66.266566, "activity_lines": [ 435.194609, 426.903239, 392.690769, 360.33951 ] }, { "date": "2024-01-26", "close": 448.358978, "volume": 4155210, "typical_volume": 16138571.0, "trend": 326.218235, "fair_value": 187.328269, "relative_strength": 48.068216, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.980803, "energy": 64.733111, "activity_lines": [ 441.491754, 432.226084, 401.20183, 368.686575 ] }, { "date": "2024-02-02", "close": 560.564697, "volume": 45450470, "typical_volume": 18313238.5, "trend": 337.298179, "fair_value": 190.272456, "relative_strength": 77.531283, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.090415, "energy": 75.293541, "activity_lines": [ 482.927281, 456.811672, 419.431841, 383.805702 ] }, { "date": "2024-02-09", "close": 535.557617, "volume": 3704220, "typical_volume": 17223909.5, "trend": 347.459847, "fair_value": 193.0744, "relative_strength": 67.413375, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.875067, "energy": 78.402355, "activity_lines": [ 506.827954, 474.093328, 433.771673, 396.596633 ] }, { "date": "2024-02-16", "close": 554.78656, "volume": 3610020, "typical_volume": 13975781.0, "trend": 358.199158, "fair_value": 196.012866, "relative_strength": 68.470072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.113286, "energy": 88.438614, "activity_lines": [ 529.659546, 492.560653, 448.707006, 409.97255 ] }, { "date": "2024-02-23", "close": 671.763794, "volume": 20886500, "typical_volume": 14461813.5, "trend": 372.446256, "fair_value": 199.669429, "relative_strength": 97.543598, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.577997, "energy": 97.553845, "activity_lines": [ 583.608429, 529.767342, 473.679462, 430.202527 ] }, { "date": "2024-03-01", "close": 754.437683, "volume": 6348870, "typical_volume": 14611747.5, "trend": 389.360169, "fair_value": 203.856625, "relative_strength": 114.509152, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.169612, "energy": 98.491897, "activity_lines": [ 650.352213, 577.512932, 504.88039, 454.847135 ] }, { "date": "2024-03-08", "close": 962.862061, "volume": 2997150, "typical_volume": 14239954.5, "trend": 413.237187, "fair_value": 209.373554, "relative_strength": 161.754607, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 99.367149, "energy": 99.598216, "activity_lines": [ 766.165544, 656.971472, 553.831931, 491.847257 ] }, { "date": "2024-03-15", "close": 745.047791, "volume": 1763000, "typical_volume": 14042765.5, "trend": 429.813597, "fair_value": 213.532433, "relative_strength": 101.465561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.427291, "energy": 84.971101, "activity_lines": [ 782.554293, 687.004057, 578.994541, 513.254393 ] }, { "date": "2024-03-22", "close": 588.320007, "volume": 5562660, "typical_volume": 14095079.0, "trend": 441.446344, "fair_value": 216.697768, "relative_strength": 55.756458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.167322, "energy": 66.501691, "activity_lines": [ 732.734436, 682.692117, 587.145466, 523.480613 ] }, { "date": "2024-03-29", "close": 616.188904, "volume": 3914600, "typical_volume": 14136771.0, "trend": 453.92483, "fair_value": 220.042161, "relative_strength": 58.268771, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.992821, "energy": 54.807585, "activity_lines": [ 689.968648, 680.689789, 596.649988, 534.754326 ] }, { "date": "2024-04-05", "close": 719.202026, "volume": 3896670, "typical_volume": 12995062.0, "trend": 469.72409, "fair_value": 224.052103, "relative_strength": 79.034006, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.39917, "energy": 35.438428, "activity_lines": [ 685.245561, 694.401283, 614.53246, 551.868984 ] }, { "date": "2024-04-12", "close": 686.068298, "volume": 1650300, "typical_volume": 8273440.0, "trend": 484.467413, "fair_value": 227.864108, "relative_strength": 67.269212, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.630732, "energy": 24.976351, "activity_lines": [ 671.826941, 697.164044, 627.671485, 565.826675 ] }, { "date": "2024-04-19", "close": 674.354248, "volume": 1320550, "typical_volume": 7880708.0, "trend": 497.744758, "fair_value": 231.601434, "relative_strength": 63.954993, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.384762, "energy": 27.798541, "activity_lines": [ 672.956555, 695.515093, 638.375128, 578.077439 ] }, { "date": "2024-04-26", "close": 656.289856, "volume": 1194260, "typical_volume": 7513562.5, "trend": 508.853156, "fair_value": 235.207917, "relative_strength": 54.782131, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.331686, "energy": 28.621044, "activity_lines": [ 672.777608, 688.058133, 646.092285, 588.306155 ] }, { "date": "2024-05-03", "close": 643.327515, "volume": 717290, "typical_volume": 7052874.5, "trend": 519.421909, "fair_value": 238.720597, "relative_strength": 48.781511, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.425841, "energy": 23.447713, "activity_lines": [ 663.746558, 676.398869, 651.429169, 596.98192 ] }, { "date": "2024-05-10", "close": 671.956238, "volume": 1626610, "typical_volume": 6698500.0, "trend": 531.36782, "fair_value": 242.403272, "relative_strength": 55.407, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.044036, "energy": 21.223786, "activity_lines": [ 662.449174, 670.461851, 658.451345, 606.822844 ] }, { "date": "2024-05-17", "close": 652.381897, "volume": 871140, "typical_volume": 6558959.5, "trend": 542.331479, "fair_value": 245.968372, "relative_strength": 45.643768, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.646763, "energy": 16.64227, "activity_lines": [ 657.776729, 662.465524, 662.382869, 614.630204 ] }, { "date": "2024-05-24", "close": 651.903259, "volume": 566560, "typical_volume": 6405990.0, "trend": 553.823271, "fair_value": 249.52701, "relative_strength": 40.165988, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.406698, "energy": 12.65341, "activity_lines": [ 655.190499, 660.027266, 665.174501, 621.699351 ] }, { "date": "2024-05-31", "close": 633.528015, "volume": 745950, "typical_volume": 5958844.0, "trend": 564.434294, "fair_value": 252.944647, "relative_strength": 36.66245, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.907629, "energy": 11.918289, "activity_lines": [ 647.97592, 655.941592, 665.127888, 626.841593 ] }, { "date": "2024-06-07", "close": 635.763184, "volume": 1699930, "typical_volume": 5634098.0, "trend": 575.116532, "fair_value": 256.335959, "relative_strength": 30.824352, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.795889, "energy": 11.181239, "activity_lines": [ 643.023853, 651.440348, 664.35668, 631.443457 ] }, { "date": "2024-06-14", "close": 664.253662, "volume": 1182790, "typical_volume": 5485477.0, "trend": 584.399897, "fair_value": 259.941171, "relative_strength": 33.742562, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.233611, "energy": 11.346575, "activity_lines": [ 648.0729, 651.763295, 665.415778, 637.194239 ] }, { "date": "2024-06-21", "close": 659.710144, "volume": 2856760, "typical_volume": 3355791.5, "trend": 592.759596, "fair_value": 263.494943, "relative_strength": 30.747063, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.178509, "energy": 11.401061, "activity_lines": [ 652.120947, 652.259209, 665.014091, 642.052965 ] }, { "date": "2024-06-28", "close": 641.6297, "volume": 2143670, "typical_volume": 3277764.0, "trend": 600.531251, "fair_value": 266.923763, "relative_strength": 22.850597, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.404301, "energy": 9.602193, "activity_lines": [ 649.65363, 649.947008, 662.418335, 645.205875 ] }, { "date": "2024-07-05", "close": 650.023315, "volume": 1893710, "typical_volume": 3191948.5, "trend": 608.342723, "fair_value": 270.406777, "relative_strength": 21.255356, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.54688, "energy": 14.415864, "activity_lines": [ 650.669088, 649.755912, 660.116865, 648.398911 ] }, { "date": "2024-07-12", "close": 645.915649, "volume": 1446560, "typical_volume": 2219951.5, "trend": 615.71776, "fair_value": 273.851482, "relative_strength": 18.110792, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.846698, "energy": 9.604963, "activity_lines": [ 649.215637, 648.931904, 656.970682, 650.822971 ] }, { "date": "2024-07-19", "close": 625.496582, "volume": 966920, "typical_volume": 1950854.0, "trend": 622.75411, "fair_value": 277.163801, "relative_strength": 12.908439, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.384076, "energy": 6.829293, "activity_lines": [ 640.279, 644.348281, 652.002911, 651.453863 ] }, { "date": "2024-07-26", "close": 628.672668, "volume": 1091990, "typical_volume": 1855596.0, "trend": 629.623955, "fair_value": 280.504545, "relative_strength": 10.877104, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -7.49626, "energy": 14.727808, "activity_lines": [ 634.984863, 641.18685, 647.95163, 651.835705 ] }, { "date": "2024-08-02", "close": 615.973206, "volume": 959600, "typical_volume": 1815426.0, "trend": 636.043839, "fair_value": 283.689172, "relative_strength": 8.036227, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.729831, "energy": 36.331298, "activity_lines": [ 627.526737, 636.147502, 644.282255, 650.955012 ] }, { "date": "2024-08-09", "close": 597.461792, "volume": 940460, "typical_volume": 1584316.0, "trend": 641.403907, "fair_value": 286.740798, "relative_strength": 5.257488, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.800089, "energy": 53.269481, "activity_lines": [ 615.608573, 628.395716, 639.464528, 648.465847 ] }, { "date": "2024-08-16", "close": 597.283325, "volume": 590100, "typical_volume": 1418091.0, "trend": 646.302756, "fair_value": 289.832802, "relative_strength": 3.49821, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.98287, "energy": 64.992407, "activity_lines": [ 607.135022, 621.267232, 634.586273, 645.619358 ] }, { "date": "2024-08-23", "close": 610.453491, "volume": 993540, "typical_volume": 1272934.5, "trend": 651.705906, "fair_value": 292.990381, "relative_strength": 3.548155, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.293692, "energy": 60.616775, "activity_lines": [ 606.293681, 617.232957, 631.052345, 643.306502 ] }, { "date": "2024-08-30", "close": 721.770264, "volume": 34271180, "typical_volume": 2903978.5, "trend": 657.079425, "fair_value": 296.860005, "relative_strength": 18.872548, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.03857, "energy": 5.706594, "activity_lines": [ 643.560803, 634.41628, 638.637866, 647.826783 ] }, { "date": "2024-09-06", "close": 706.821289, "volume": 4403160, "typical_volume": 3058109.0, "trend": 662.788214, "fair_value": 300.624811, "relative_strength": 16.709131, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.853913, "energy": 26.033724, "activity_lines": [ 669.638428, 647.753241, 644.629664, 651.035936 ] }, { "date": "2024-09-13", "close": 696.316956, "volume": 2635860, "typical_volume": 3130189.0, "trend": 667.505894, "fair_value": 304.310781, "relative_strength": 11.335733, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.615095, "energy": 32.958304, "activity_lines": [ 686.158069, 657.995023, 649.466446, 653.199081 ] }, { "date": "2024-09-20", "close": 667.439819, "volume": 1823450, "typical_volume": 3185497.0, "trend": 667.361761, "fair_value": 307.817795, "relative_strength": 3.96043, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.562041, "energy": 32.750519, "activity_lines": [ 686.461654, 662.144713, 651.362418, 653.194818 ] }, { "date": "2024-09-27", "close": 677.973938, "volume": 3887130, "typical_volume": 3298523.0, "trend": 664.81297, "fair_value": 311.305467, "relative_strength": 3.282228, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.640717, "energy": 44.138146, "activity_lines": [ 685.599512, 667.818349, 654.14682, 653.879474 ] }, { "date": "2024-10-04", "close": 657.16333, "volume": 966480, "typical_volume": 3303290.0, "trend": 654.623012, "fair_value": 314.643517, "relative_strength": 4.000514, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.069342, "energy": 17.55782, "activity_lines": [ 673.299137, 668.754105, 654.920603, 653.385949 ] }, { "date": "2024-10-11", "close": 698.47229, "volume": 16880910, "typical_volume": 4119007.5, "trend": 653.070496, "fair_value": 318.123922, "relative_strength": 9.749703, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.00656, "energy": 27.447383, "activity_lines": [ 679.075545, 676.682568, 659.605804, 656.214935 ] }, { "date": "2024-10-18", "close": 675.481567, "volume": 2916640, "typical_volume": 4227542.0, "trend": 655.975881, "fair_value": 321.510303, "relative_strength": 5.760087, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.271606, "energy": 19.951355, "activity_lines": [ 677.744979, 678.930917, 661.879655, 657.66081 ] }, { "date": "2024-10-25", "close": 646.554871, "volume": 7824790, "typical_volume": 4533785.0, "trend": 656.98808, "fair_value": 324.751374, "relative_strength": 3.229699, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.314548, "energy": 11.976556, "activity_lines": [ 668.161206, 674.501325, 661.198804, 657.053003 ] }, { "date": "2024-11-01", "close": 682.408508, "volume": 1921630, "typical_volume": 4570727.0, "trend": 655.761629, "fair_value": 328.189806, "relative_strength": 7.467758, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.065897, "energy": 17.71159, "activity_lines": [ 671.920976, 675.69473, 663.881196, 658.693031 ] }, { "date": "2024-11-08", "close": 670.620789, "volume": 2053650, "typical_volume": 4530571.5, "trend": 655.246712, "fair_value": 331.553033, "relative_strength": 5.399045, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.206203, "energy": 13.175907, "activity_lines": [ 671.455868, 673.43664, 665.354496, 659.651686 ] }, { "date": "2024-11-15", "close": 655.156616, "volume": 2688540, "typical_volume": 4557815.0, "trend": 654.606791, "fair_value": 334.838759, "relative_strength": 5.026246, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.604164, "energy": 12.403363, "activity_lines": [ 664.938871, 669.296873, 665.303062, 659.645874 ] }, { "date": "2024-11-22", "close": 643.363892, "volume": 1511130, "typical_volume": 4538686.0, "trend": 654.175926, "fair_value": 338.098, "relative_strength": 1.061539, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.755119, "energy": 6.01388, "activity_lines": [ 657.378679, 663.952332, 664.064099, 658.920525 ] }, { "date": "2024-11-29", "close": 658.307861, "volume": 1132030, "typical_volume": 4522959.5, "trend": 654.675271, "fair_value": 341.453663, "relative_strength": 1.925143, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.583815, "energy": 9.829472, "activity_lines": [ 656.940987, 662.287659, 664.280081, 659.187102 ] }, { "date": "2024-12-06", "close": 683.22113, "volume": 3087970, "typical_volume": 4629012.0, "trend": 655.050767, "fair_value": 344.969713, "relative_strength": 2.857915, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.054559, "energy": 11.681002, "activity_lines": [ 664.024186, 665.318707, 666.809746, 661.02877 ] }, { "date": "2024-12-13", "close": 681.283752, "volume": 4413670, "typical_volume": 4795096.0, "trend": 656.014162, "fair_value": 348.505128, "relative_strength": 1.631316, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.925337, "energy": 14.732728, "activity_lines": [ 670.407418, 667.902101, 668.880019, 662.721221 ] }, { "date": "2024-12-20", "close": 648.22467, "volume": 1420000, "typical_volume": 4818116.0, "trend": 655.891543, "fair_value": 351.852763, "relative_strength": 0.961519, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.082152, "energy": 10.081026, "activity_lines": [ 665.060091, 664.036199, 667.55128, 662.218673 ] }, { "date": "2024-12-27", "close": 676.968079, "volume": 25495490, "typical_volume": 6045867.5, "trend": 657.339545, "fair_value": 355.38241, "relative_strength": 3.779513, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.850196, "energy": 16.405326, "activity_lines": [ 669.75603, 666.309965, 668.80643, 663.578449 ] }, { "date": "2025-01-03", "close": 682.81488, "volume": 3250060, "typical_volume": 6178865.5, "trend": 658.907934, "fair_value": 358.916199, "relative_strength": 3.193452, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.656174, "energy": 19.781639, "activity_lines": [ 674.160624, 669.619759, 670.239816, 665.222019 ] }, { "date": "2025-01-10", "close": 634.355896, "volume": 1831240, "typical_volume": 6220750.5, "trend": 657.911342, "fair_value": 362.068347, "relative_strength": -2.270747, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.319045, "energy": 5.585141, "activity_lines": [ 660.778422, 663.459555, 666.650768, 663.638017 ] }, { "date": "2025-01-17", "close": 626.606445, "volume": 1729380, "typical_volume": 4593660.5, "trend": 656.807886, "fair_value": 365.189341, "relative_strength": -2.93116, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.616705, "energy": 19.919078, "activity_lines": [ 648.070752, 656.764043, 662.209856, 661.618346 ] }, { "date": "2025-01-24", "close": 605.974243, "volume": 1222870, "typical_volume": 4434646.0, "trend": 655.61937, "fair_value": 368.182468, "relative_strength": -6.016761, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.114759, "energy": 45.261794, "activity_lines": [ 632.130835, 647.117484, 656.257134, 658.338756 ] }, { "date": "2025-01-31", "close": 597.099976, "volume": 1699750, "typical_volume": 4387840.5, "trend": 653.855259, "fair_value": 371.126534, "relative_strength": -9.016912, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.575198, "energy": 56.178855, "activity_lines": [ 616.049524, 636.751646, 649.939467, 654.563312 ] }, { "date": "2025-02-07", "close": 584.65332, "volume": 883280, "typical_volume": 4340832.0, "trend": 651.813181, "fair_value": 374.013369, "relative_strength": -11.122409, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.293244, "energy": 71.574082, "activity_lines": [ 601.143868, 624.963941, 642.908866, 650.09867 ] }, { "date": "2025-02-14", "close": 524.609863, "volume": 1856670, "typical_volume": 4239309.0, "trend": 648.450291, "fair_value": 376.535144, "relative_strength": -17.926909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.197844, "energy": 84.651672, "activity_lines": [ 572.76783, 603.598419, 630.554062, 641.892005 ] }, { "date": "2025-02-21", "close": 588.75592, "volume": 17595780, "typical_volume": 5070774.0, "trend": 647.119733, "fair_value": 379.519791, "relative_strength": -7.069671, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.838164, "energy": 68.773281, "activity_lines": [ 573.090214, 596.779656, 625.038712, 638.040755 ] }, { "date": "2025-02-28", "close": 601.073792, "volume": 17918280, "typical_volume": 5122642.5, "trend": 646.623085, "fair_value": 382.589014, "relative_strength": -1.798348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.959808, "energy": 49.920834, "activity_lines": [ 580.041923, 593.882831, 621.022242, 635.070049 ] }, { "date": "2025-03-07", "close": 632.720764, "volume": 10620010, "typical_volume": 5507811.0, "trend": 647.798385, "fair_value": 385.844613, "relative_strength": 2.461769, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.218366, "energy": 29.294067, "activity_lines": [ 597.86932, 597.59729, 620.483572, 634.173125 ] }, { "date": "2025-03-14", "close": 605.240906, "volume": 2562600, "typical_volume": 5244701.5, "trend": 648.063637, "fair_value": 388.898848, "relative_strength": -0.834593, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.474645, "energy": 18.251714, "activity_lines": [ 604.162044, 597.119907, 617.531395, 631.427481 ] }, { "date": "2025-03-21", "close": 637.581604, "volume": 2516060, "typical_volume": 5274423.0, "trend": 648.967908, "fair_value": 392.185845, "relative_strength": 0.151777, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.460498, "energy": 18.236194, "activity_lines": [ 619.862496, 603.933088, 617.856017, 630.751221 ] }, { "date": "2025-03-28", "close": 626.07135, "volume": 2781960, "typical_volume": 5310838.5, "trend": 645.777944, "fair_value": 395.352249, "relative_strength": -2.29523, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.698123, "energy": 18.97529, "activity_lines": [ 624.194747, 608.594845, 617.297887, 629.274024 ] }, { "date": "2025-04-04", "close": 609.482361, "volume": 893840, "typical_volume": 5221103.5, "trend": 642.533313, "fair_value": 398.365444, "relative_strength": -1.96139, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.752118, "energy": 15.809433, "activity_lines": [ 620.50964, 610.250152, 615.371993, 626.932373 ] }, { "date": "2025-04-11", "close": 611.583191, "volume": 1204080, "typical_volume": 5205751.0, "trend": 639.708854, "fair_value": 401.395094, "relative_strength": -1.038682, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.064553, "energy": 14.932134, "activity_lines": [ 616.964238, 612.223644, 613.863674, 624.935591 ] }, { "date": "2025-04-18", "close": 623.227234, "volume": 695860, "typical_volume": 5183942.5, "trend": 638.235101, "fair_value": 404.503895, "relative_strength": -3.183143, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.840652, "energy": 8.785226, "activity_lines": [ 618.709355, 616.050903, 613.615649, 623.872261 ] }, { "date": "2025-04-25", "close": 607.32196, "volume": 2398280, "typical_volume": 5149458.0, "trend": 635.880035, "fair_value": 407.504496, "relative_strength": -6.122474, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.620464, "energy": 15.719865, "activity_lines": [ 613.953625, 616.284951, 612.019886, 621.877865 ] }, { "date": "2025-05-02", "close": 586.759155, "volume": 939800, "typical_volume": 4975764.5, "trend": 633.53323, "fair_value": 410.386906, "relative_strength": -10.155584, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.991449, "energy": 22.790746, "activity_lines": [ 604.360937, 611.27645, 608.827186, 618.708776 ] }, { "date": "2025-05-09", "close": 575.362854, "volume": 1190450, "typical_volume": 4964287.0, "trend": 629.429582, "fair_value": 413.234917, "relative_strength": -10.239317, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.768025, "energy": 39.277484, "activity_lines": [ 593.590295, 604.2322, 604.99924, 614.955848 ] }, { "date": "2025-05-16", "close": 615.299377, "volume": 1288180, "typical_volume": 3753921.5, "trend": 627.423509, "fair_value": 416.300934, "relative_strength": -7.594902, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.00562, "energy": 31.692799, "activity_lines": [ 598.406461, 604.916607, 605.321735, 614.044222 ] }, { "date": "2025-05-23", "close": 621.2453, "volume": 1507740, "typical_volume": 3666805.5, "trend": 626.579856, "fair_value": 419.387263, "relative_strength": -5.845032, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.46329, "energy": 19.033325, "activity_lines": [ 604.956856, 606.998843, 606.504167, 613.645628 ] }, { "date": "2025-05-30", "close": 666.879883, "volume": 5505500, "typical_volume": 3850518.5, "trend": 626.062235, "fair_value": 422.750019, "relative_strength": 1.576062, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.131865, "energy": 21.051312, "activity_lines": [ 626.850907, 617.087288, 612.32594, 616.24563 ] }, { "date": "2025-06-06", "close": 676.640991, "volume": 6206620, "typical_volume": 4074380.5, "trend": 626.262909, "fair_value": 426.208991, "relative_strength": 2.040031, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.64662, "energy": 47.400579, "activity_lines": [ 648.028133, 628.417783, 618.922465, 619.508775 ] }, { "date": "2025-06-13", "close": 675.914124, "volume": 8800870, "typical_volume": 4453280.5, "trend": 626.954826, "fair_value": 429.731308, "relative_strength": 3.175449, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.624069, "energy": 59.48948, "activity_lines": [ 662.970947, 638.696673, 625.211505, 622.712079 ] }, { "date": "2025-06-20", "close": 659.697693, "volume": 2560300, "typical_volume": 4496308.0, "trend": 627.499286, "fair_value": 433.155188, "relative_strength": -0.749301, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.750821, "energy": 58.719572, "activity_lines": [ 665.804867, 644.81927, 629.623076, 624.824522 ] }, { "date": "2025-06-27", "close": 677.555603, "volume": 2705630, "typical_volume": 4587425.5, "trend": 628.140877, "fair_value": 436.66885, "relative_strength": -0.130234, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.201632, "energy": 58.689777, "activity_lines": [ 671.631535, 653.313952, 635.437316, 628.053962 ] }, { "date": "2025-07-04", "close": 671.486938, "volume": 1221810, "typical_volume": 4555682.5, "trend": 627.749737, "fair_value": 440.112815, "relative_strength": -0.31206, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 58.75731, "energy": 53.890477, "activity_lines": [ 671.681295, 659.71745, 640.231196, 630.850482 ] }, { "date": "2025-07-11", "close": 657.160767, "volume": 884110, "typical_volume": 3720099.0, "trend": 626.945638, "fair_value": 443.480777, "relative_strength": -1.215246, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.840688, "energy": 37.082953, "activity_lines": [ 666.648527, 662.349555, 642.961265, 632.747968 ] }, { "date": "2025-07-18", "close": 650.743835, "volume": 572980, "typical_volume": 2852834.0, "trend": 627.02961, "fair_value": 446.762434, "relative_strength": -1.509381, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.929373, "energy": 28.279659, "activity_lines": [ 660.775464, 662.534915, 644.754459, 634.283336 ] }, { "date": "2025-07-25", "close": 658.951538, "volume": 4427600, "typical_volume": 2543213.5, "trend": 626.429059, "fair_value": 450.073407, "relative_strength": 0.171911, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.978686, "energy": 22.751495, "activity_lines": [ 659.316321, 662.842022, 647.092816, 636.342815 ] }, { "date": "2025-08-01", "close": 674.769958, "volume": 2671660, "typical_volume": 2548666.5, "trend": 626.160895, "fair_value": 453.486089, "relative_strength": 3.519381, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.966383, "energy": 24.768651, "activity_lines": [ 663.179728, 665.23153, 650.81278, 639.461583 ] }, { "date": "2025-08-08", "close": 685.912537, "volume": 18558080, "typical_volume": 3350767.5, "trend": 627.879449, "fair_value": 456.95697, "relative_strength": 5.822729, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.358842, "energy": 31.533461, "activity_lines": [ 670.943038, 668.673785, 655.262852, 643.316527 ] }, { "date": "2025-08-15", "close": 684.022217, "volume": 1030800, "typical_volume": 3263209.5, "trend": 629.793308, "fair_value": 460.404023, "relative_strength": 4.12452, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.721042, "energy": 35.883721, "activity_lines": [ 677.114535, 671.426297, 659.302745, 646.938641 ] }, { "date": "2025-08-22", "close": 688.001709, "volume": 1029080, "typical_volume": 3269971.5, "trend": 632.527557, "fair_value": 463.853937, "relative_strength": 3.495462, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.37067, "energy": 43.383355, "activity_lines": [ 682.821765, 674.76815, 663.445682, 650.694022 ] }, { "date": "2025-08-29", "close": 678.05304, "volume": 1142560, "typical_volume": 3266895.5, "trend": 635.225993, "fair_value": 467.175545, "relative_strength": 3.912746, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.97349, "energy": 42.155979, "activity_lines": [ 682.728915, 676.081379, 666.267224, 653.63115 ] }, { "date": "2025-09-05", "close": 672.382263, "volume": 1106110, "typical_volume": 3287408.0, "trend": 638.150291, "fair_value": 470.352801, "relative_strength": 1.82796, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.824658, "energy": 34.471806, "activity_lines": [ 679.472372, 676.029824, 668.23217, 656.028329 ] }, { "date": "2025-09-12", "close": 684.171509, "volume": 1922500, "typical_volume": 3263619.0, "trend": 643.469012, "fair_value": 473.023959, "relative_strength": 2.090541, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.249073, "energy": 32.969621, "activity_lines": [ 680.304757, 678.215829, 671.085829, 658.997439 ] }, { "date": "2025-09-19", "close": 729.587219, "volume": 9467990, "typical_volume": 3690028.5, "trend": 648.163389, "fair_value": 476.194591, "relative_strength": 7.724286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.045794, "energy": 52.514946, "activity_lines": [ 696.391781, 688.428608, 677.898844, 664.553453 ] }, { "date": "2025-09-26", "close": 862.153564, "volume": 84663400, "typical_volume": 7863676.0, "trend": 656.866048, "fair_value": 480.294412, "relative_strength": 29.921773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.35144, "energy": 86.437678, "activity_lines": [ 753.629919, 721.427513, 696.657091, 678.35927 ] }, { "date": "2025-10-03", "close": 995.068115, "volume": 146417420, "typical_volume": 15120138.0, "trend": 668.944293, "fair_value": 485.140294, "relative_strength": 47.068679, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.177993, "energy": 94.719384, "activity_lines": [ 843.562785, 774.748888, 726.708197, 700.178759 ] }, { "date": "2025-10-10", "close": 924.730835, "volume": 86807060, "typical_volume": 19385104.0, "trend": 679.593957, "fair_value": 489.585176, "relative_strength": 33.745843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.851906, "energy": 89.920172, "activity_lines": [ 888.915552, 809.170456, 748.252092, 716.681116 ] }, { "date": "2025-10-17", "close": 884.43866, "volume": 49982937, "typical_volume": 21608975.85, "trend": 687.822526, "fair_value": 493.823358, "relative_strength": 25.170386, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.835084, "energy": 82.297361, "activity_lines": [ 904.014355, 831.72143, 764.513467, 729.896903 ] }, { "date": "2025-10-24", "close": 834.69519, "volume": 28197253, "typical_volume": 22708507.5, "trend": 694.776654, "fair_value": 497.746823, "relative_strength": 17.278574, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.972672, "energy": 57.087131, "activity_lines": [ 889.180859, 841.618571, 775.001375, 739.372559 ] }, { "date": "2025-10-31", "close": 794.900452, "volume": 7387431, "typical_volume": 22637835.55, "trend": 700.957257, "fair_value": 501.36928, "relative_strength": 11.784256, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.217877, "energy": 42.150728, "activity_lines": [ 854.075252, 841.540797, 780.946669, 745.832159 ] }, { "date": "2025-11-07", "close": 777.241516, "volume": 4370528, "typical_volume": 22728346.95, "trend": 706.479201, "fair_value": 504.854745, "relative_strength": 10.078084, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.889181, "energy": 23.817476, "activity_lines": [ 817.566874, 836.308694, 784.643558, 750.753724 ] }, { "date": "2025-11-14", "close": 775.202026, "volume": 2893390, "typical_volume": 22737734.95, "trend": 711.545028, "fair_value": 508.354833, "relative_strength": 7.863422, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.840574, "energy": 22.952359, "activity_lines": [ 794.900439, 828.902347, 787.586477, 755.187455 ] }, { "date": "2025-11-21", "close": 746.997437, "volume": 1622763, "typical_volume": 22757782.6, "trend": 716.200877, "fair_value": 511.665386, "relative_strength": 3.183781, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.904402, "energy": 21.382705, "activity_lines": [ 772.801062, 814.498443, 787.378262, 757.474707 ] }, { "date": "2025-11-28", "close": 741.923645, "volume": 11536890, "typical_volume": 23290421.6, "trend": 721.373026, "fair_value": 514.978114, "relative_strength": 1.882764, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.346874, "energy": 18.063705, "activity_lines": [ 758.173169, 798.029742, 786.327255, 759.13424 ] }, { "date": "2025-12-05", "close": 704.864746, "volume": 2088300, "typical_volume": 23366187.6, "trend": 725.689756, "fair_value": 518.129126, "relative_strength": -3.093732, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.235564, "energy": 13.229215, "activity_lines": [ 737.377079, 774.59876, 781.343197, 758.06919 ] }, { "date": "2025-12-12", "close": 718.14624, "volume": 6069103, "typical_volume": 23448262.75, "trend": 729.117985, "fair_value": 521.407906, "relative_strength": -0.743446, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.423009, "energy": 19.945278, "activity_lines": [ 727.010535, 756.442393, 777.366323, 757.582512 ] }, { "date": "2025-12-19", "close": 704.964233, "volume": 1412192, "typical_volume": 23385289.35, "trend": 731.908616, "fair_value": 524.730293, "relative_strength": -2.240602, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.004408, "energy": 21.926209, "activity_lines": [ 716.189673, 740.92424, 771.852141, 756.024205 ] }, { "date": "2025-12-26", "close": 703.670898, "volume": 985058, "typical_volume": 22506638.25, "trend": 733.134983, "fair_value": 527.933353, "relative_strength": -2.609413, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.212707, "energy": 33.571419, "activity_lines": [ 709.620219, 729.166691, 766.071002, 754.202417 ] }, { "date": "2026-01-02", "close": 700.13916, "volume": 1567254, "typical_volume": 22533460.95, "trend": 733.918256, "fair_value": 531.124369, "relative_strength": -4.028518, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.716981, "energy": 41.063433, "activity_lines": [ 704.761954, 720.053695, 759.868944, 752.073654 ] }, { "date": "2026-01-09", "close": 664.871033, "volume": 1473248, "typical_volume": 22555669.35, "trend": 733.550153, "fair_value": 533.970371, "relative_strength": -6.496292, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.38804, "energy": 52.23711, "activity_lines": [ 690.93328, 706.974786, 750.231269, 747.618994 ] }, { "date": "2026-01-16", "close": 660.244934, "volume": 1090564, "typical_volume": 22553069.55, "trend": 733.568394, "fair_value": 536.803387, "relative_strength": -7.102338, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.174683, "energy": 65.132755, "activity_lines": [ 678.228821, 695.418939, 740.263159, 742.889626 ] }, { "date": "2026-01-23", "close": 600.701965, "volume": 2084538, "typical_volume": 22601990.95, "trend": 731.006606, "fair_value": 539.344097, "relative_strength": -13.164961, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -62.225777, "energy": 79.914249, "activity_lines": [ 649.536792, 675.164308, 724.70909, 734.317598 ] }, { "date": "2026-01-30", "close": 619.703979, "volume": 2063015, "typical_volume": 22609016.7, "trend": 729.280507, "fair_value": 541.971823, "relative_strength": -11.323287, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.500521, "energy": 88.538582, "activity_lines": [ 634.129586, 661.537317, 711.306072, 727.136783 ] }, { "date": "2026-02-06", "close": 619.554749, "volume": 2172439, "typical_volume": 22244239.15, "trend": 728.026973, "fair_value": 544.543415, "relative_strength": -12.589051, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.293403, "energy": 87.390493, "activity_lines": [ 624.27043, 650.19762, 698.19583, 720.057702 ] }, { "date": "2026-02-13", "close": 626.916809, "volume": 2977901, "typical_volume": 18159964.2, "trend": 727.232739, "fair_value": 547.190672, "relative_strength": -10.885058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.657795, "energy": 81.915711, "activity_lines": [ 622.237589, 642.421368, 686.3107, 713.534466 ] }, { "date": "2026-02-20", "close": 703.471924, "volume": 39442568, "typical_volume": 12811221.6, "trend": 728.716752, "fair_value": 550.458136, "relative_strength": -0.51113, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.276408, "energy": 44.641683, "activity_lines": [ 648.253402, 649.981463, 682.836709, 712.00151 ] }, { "date": "2026-02-27", "close": 655.320313, "volume": 4731900, "typical_volume": 8707463.6, "trend": 728.068431, "fair_value": 553.400702, "relative_strength": -5.801162, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.088143, "energy": 32.913296, "activity_lines": [ 655.336878, 649.053526, 676.165404, 707.266256 ] }, { "date": "2026-03-06", "close": 638.25824, "volume": 6067244, "typical_volume": 6511678.95, "trend": 726.479954, "fair_value": 556.251215, "relative_strength": -5.3928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.717698, "energy": 29.7941, "activity_lines": [ 653.091773, 645.92601, 669.152046, 701.47205 ] }, { "date": "2026-03-13", "close": 618.510132, "volume": 2650298, "typical_volume": 5234331.2, "trend": 724.296218, "fair_value": 559.006428, "relative_strength": -3.153779, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.686727, "energy": 32.424298, "activity_lines": [ 643.027014, 640.39725, 661.430204, 694.506255 ] }, { "date": "2026-03-20", "close": 599.508118, "volume": 1794621, "typical_volume": 4954690.7, "trend": 721.346431, "fair_value": 561.662728, "relative_strength": -5.890695, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.965072, "energy": 48.436736, "activity_lines": [ 626.697893, 632.897743, 652.928099, 686.45541 ] }, { "date": "2026-03-27", "close": 564.588196, "volume": 2460319, "typical_volume": 4859180.25, "trend": 717.56427, "fair_value": 564.200828, "relative_strength": -10.109194, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.561138, "energy": 71.149332, "activity_lines": [ 600.556043, 620.237576, 642.030726, 676.341975 ] }, { "date": "2026-04-03", "close": 580.605591, "volume": 1995626, "typical_volume": 4814292.05, "trend": 714.505048, "fair_value": 566.696333, "relative_strength": -7.057536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.487708, "energy": 69.568757, "activity_lines": [ 589.01224, 612.228875, 633.671455, 667.505931 ] }, { "date": "2026-04-10", "close": 662.234619, "volume": 5109686, "typical_volume": 4988638.2, "trend": 713.773818, "fair_value": 569.661628, "relative_strength": 0.062015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.495387, "energy": 42.6824, "activity_lines": [ 609.659094, 619.427205, 634.013027, 664.133646 ] }, { "date": "2026-04-17", "close": 708.993469, "volume": 16984559, "typical_volume": 5261021.65, "trend": 713.08736, "fair_value": 572.869747, "relative_strength": 5.574429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.398859, "energy": 13.262816, "activity_lines": [ 644.293807, 634.35386, 639.211455, 663.825236 ] }, { "date": "2026-04-24", "close": 700.537109, "volume": 8994170, "typical_volume": 5606315.15, "trend": 707.700144, "fair_value": 576.021272, "relative_strength": 6.004523, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.618284, "energy": 14.300645, "activity_lines": [ 670.07751, 646.116836, 643.761325, 663.015542 ] }, { "date": "2026-05-01", "close": 715.80835, "volume": 3179710, "typical_volume": 5461845.5, "trend": 698.391486, "fair_value": 579.259135, "relative_strength": 7.437804, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.637623, "energy": 25.459192, "activity_lines": [ 694.216361, 659.31785, 649.786208, 663.538652 ] }, { "date": "2026-05-08", "close": 713.91803, "volume": 2784920, "typical_volume": 5530481.9, "trend": 691.364392, "fair_value": 582.495165, "relative_strength": 5.954112, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.238073, "energy": 33.82861, "activity_lines": [ 707.643762, 671.950871, 655.642192, 664.540365 ] }, { "date": "2026-05-15", "close": 672.481812, "volume": 1831433, "typical_volume": 5572800.65, "trend": 684.299164, "fair_value": 585.440299, "relative_strength": 1.782517, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.182493, "energy": 34.840049, "activity_lines": [ 698.371594, 675.984621, 657.509233, 663.322134 ] }, { "date": "2026-05-22", "close": 665.268982, "volume": 1694768, "typical_volume": 5579176.35, "trend": 678.651624, "fair_value": 588.318221, "relative_strength": 0.158755, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.336427, "energy": 22.666517, "activity_lines": [ 686.012004, 678.084701, 658.837858, 662.09438 ] }, { "date": "2026-05-29", "close": 686.608948, "volume": 2974507, "typical_volume": 5654239.3, "trend": 675.041907, "fair_value": 591.330151, "relative_strength": 3.966559, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.473362, "energy": 12.92844, "activity_lines": [ 683.680701, 683.214614, 662.364908, 662.607756 ] }, { "date": "2026-06-05", "close": 666.263855, "volume": 208835, "typical_volume": 5610152.85, "trend": 671.342651, "fair_value": 594.151405, "relative_strength": 1.56653, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 8.618016, "energy": 9.264862, "activity_lines": [ 675.496244, 683.061768, 663.850817, 662.04143 ] }, { "date": "2026-06-12", "close": 665.900024, "volume": 1399612, "typical_volume": 5575906.55, "trend": 667.699251, "fair_value": 596.886, "relative_strength": 0.352087, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 5.880557, "energy": 8.265229, "activity_lines": [ 670.493477, 680.994122, 665.273413, 661.690293 ] }, { "date": "2026-06-19", "close": 691.0, "volume": 500016, "typical_volume": 5497756.6, "trend": 665.83267, "fair_value": 599.85032, "relative_strength": 2.267094, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.622502, "energy": 8.836025, "activity_lines": [ 677.058569, 681.9393, 668.776017, 663.193567 ] }, { "date": "2026-06-26", "close": 678.849976, "volume": 0, "typical_volume": 5389134.65, "trend": 663.730214, "fair_value": 602.719897, "relative_strength": 0.167086, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.314817, "energy": 15.367795, "activity_lines": [ 678.339107, 680.152376, 670.781971, 664.033393 ] }, { "date": "2026-07-03", "close": 667.299988, "volume": 181406, "typical_volume": 5249309.9, "trend": 662.478056, "fair_value": 605.534856, "relative_strength": -2.483374, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.220646, "energy": 14.713234, "activity_lines": [ 674.86425, 676.813518, 671.405567, 664.263701 ] }, { "date": "2026-07-10", "close": 693.75, "volume": 2148644, "typical_volume": 3384613.7, "trend": 661.664848, "fair_value": 608.503077, "relative_strength": 1.474687, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.830982, "energy": 26.382707, "activity_lines": [ 681.493327, 678.888064, 674.355911, 666.281246 ] }, { "date": "2026-07-17", "close": 662.299988, "volume": 885176, "typical_volume": 3192277.5, "trend": 660.242706, "fair_value": 611.257518, "relative_strength": -3.708345, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.426805, "energy": 15.819864, "activity_lines": [ 675.806657, 675.645487, 674.357312, 666.322223 ] }, { "date": "2026-07-24", "close": 630.75, "volume": 733472, "typical_volume": 2925588.9, "trend": 657.81201, "fair_value": 613.734435, "relative_strength": -6.108714, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -6.245228, "energy": 12.251686, "activity_lines": [ 659.843327, 667.605058, 671.320714, 664.419468 ] }, { "date": "2026-07-31", "close": 679.450012, "volume": 1775788, "typical_volume": 2881863.4, "trend": 657.122371, "fair_value": 616.506421, "relative_strength": -1.441723, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.506594, "energy": 12.445103, "activity_lines": [ 664.130001, 669.177937, 672.957967, 665.815468 ] }, { "date": "2026-08-07", "close": 693.650024, "volume": 4352956, "typical_volume": 3009780.15, "trend": 658.081671, "fair_value": 619.372437, "relative_strength": -0.153161, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.386019, "energy": 17.957245, "activity_lines": [ 673.11001, 673.0748, 675.657412, 668.17209 ] } ], "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." } } }