{ "ticker": { "uuid": "5bcd4416-879e-43f3-8c23-604c5f01e06b", "symbol": "SUMIT", "name": "Sumit Woods 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": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "up", "architecture_direction": 80.174, "architecture_energy": 82.8, "architecture_maturity": 19.84, "architecture_confidence": 58.544, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 23.99, "rotation_up": 82.65, "upward_expansion": 93.02, "deceleration": 42.03, "rotation_down": 8.04, "downward_expansion": 17.35 }, "activity_lines": [ 53.848667, 49.833091, 47.888, 47.390709 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 56.77, "trend_reference": 47.387333, "distance_from_trend": 0.197999, "trend_direction": "Weakening", "fair_value": 78.573974, "distance_from_fair_value": -0.277496, "fair_value_direction": "Improving", "relative_strength": -8.424086, "relative_strength_direction": "Improving", "price_momentum": 0.143865, "excess_performance": 0.187574, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.197999, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.154558, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.277496, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.083219, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.084241, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.23399, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.143865, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.717692, "read": "Demand-led" } ], "volume": { "latest": 245102, "relative_activity": 1.047056, "balance": 1.717692, "dry_up": 1.119773, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.079389, "annualized_volatility": 0.638543, "from_high_reference": -0.458818, "from_low_reference": 0.788595 }, "levels": { "trend_reference": 47.387333, "fair_value_reference": 78.573974, "structural_low": 31.74, "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": 5, "median_return": -0.043796, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.000958, "regime_survival": 0.4, "best_return": 0.29359, "worst_return": -0.269565, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.304348, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.273422, "regime_survival": 0.0, "best_return": 0.651282, "worst_return": -0.184127, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.861538, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.701778, "regime_survival": 0.0, "best_return": 1.069565, "worst_return": -0.361905, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 1.595543, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 1.499856, "regime_survival": 0.0, "best_return": 2.330769, "worst_return": 0.860317, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-11-24", "end": "2023-12-08", "tenure": "New", "return": 0.419231, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-15", "end": "2024-03-22", "tenure": "Established", "return": 0.077, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-29", "end": "2024-04-12", "tenure": "New", "return": 0.393443, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-19", "end": "2024-10-25", "tenure": "Extended", "return": 0.807413, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-01", "end": "2024-12-20", "tenure": "Developing", "return": 0.033994, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-27", "end": "2025-01-24", "tenure": "Developing", "return": -0.097846, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": -0.173923, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-21", "end": "2025-02-28", "tenure": "New", "return": -0.142122, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-07", "end": "2025-05-30", "tenure": "Established", "return": 0.088615, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-11-07", "tenure": "Established", "return": -0.180697, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-14", "end": "2026-05-01", "tenure": "Established", "return": -0.358702, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-05-29", "tenure": "New", "return": -0.139915, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-07-24", "tenure": "Developing", "return": 0.317919, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.074172, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 30.0, "volume": 84055, "typical_volume": 127840.7, "trend": 33.648333, "fair_value": 17.191667, "relative_strength": -1.114085, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.375416, "energy": 45.707179, "activity_lines": [ 30.793333, 31.123636, 32.475238, 32.945699 ] }, { "date": "2023-08-25", "close": 30.6, "volume": 221725, "typical_volume": 134439.75, "trend": 33.628333, "fair_value": 17.323718, "relative_strength": 0.264843, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.068767, "energy": 34.478949, "activity_lines": [ 30.75, 30.933636, 32.217381, 32.749032 ] }, { "date": "2023-09-01", "close": 30.450001, "volume": 84408, "typical_volume": 135587.2, "trend": 33.345, "fair_value": 17.457372, "relative_strength": -1.97741, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.876632, "energy": 34.258476, "activity_lines": [ 30.616667, 30.781818, 31.957619, 32.543979 ] }, { "date": "2023-09-08", "close": 30.0, "volume": 112769, "typical_volume": 135991.15, "trend": 33.051667, "fair_value": 17.5875, "relative_strength": -6.210995, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.72616, "energy": 37.63534, "activity_lines": [ 30.35, 30.581818, 31.666667, 32.328172 ] }, { "date": "2023-09-15", "close": 29.450001, "volume": 171316, "typical_volume": 132945.0, "trend": 32.843333, "fair_value": 17.714744, "relative_strength": -10.418104, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.587931, "energy": 38.718685, "activity_lines": [ 29.986667, 30.327273, 31.336667, 32.095807 ] }, { "date": "2023-09-22", "close": 29.299999, "volume": 98335, "typical_volume": 126834.0, "trend": 32.616667, "fair_value": 17.842949, "relative_strength": -9.346477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.269467, "energy": 42.874221, "activity_lines": [ 29.72, 30.121818, 31.034762, 31.867204 ] }, { "date": "2023-09-29", "close": 27.799999, "volume": 122624, "typical_volume": 125630.3, "trend": 32.393333, "fair_value": 17.959936, "relative_strength": -14.514833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.674151, "energy": 55.642901, "activity_lines": [ 29.0, 29.659091, 30.62, 31.556452 ] }, { "date": "2023-10-06", "close": 29.799999, "volume": 80369, "typical_volume": 117542.8, "trend": 32.235, "fair_value": 18.092949, "relative_strength": -9.260559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.230482, "energy": 42.534722, "activity_lines": [ 29.133333, 29.6, 30.429762, 31.38914 ] }, { "date": "2023-10-13", "close": 31.0, "volume": 150884, "typical_volume": 112746.65, "trend": 32.228333, "fair_value": 18.235256, "relative_strength": -6.983711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.055412, "energy": 31.240152, "activity_lines": [ 29.709999, 29.775454, 30.382143, 31.309462 ] }, { "date": "2023-10-20", "close": 30.9, "volume": 118544, "typical_volume": 112069.05, "trend": 32.198333, "fair_value": 18.378526, "relative_strength": -7.203089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.525091, "energy": 20.825861, "activity_lines": [ 30.186666, 29.938182, 30.348333, 31.223763 ] }, { "date": "2023-10-27", "close": 29.65, "volume": 164662, "typical_volume": 115902.35, "trend": 32.17, "fair_value": 18.513782, "relative_strength": -9.424904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.766482, "energy": 18.274828, "activity_lines": [ 30.15, 29.887273, 30.214762, 31.059355 ] }, { "date": "2023-11-03", "close": 29.15, "volume": 463960, "typical_volume": 133272.2, "trend": 32.035, "fair_value": 18.646154, "relative_strength": -12.321834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.324518, "energy": 17.870233, "activity_lines": [ 29.923333, 29.751818, 30.060476, 30.864516 ] }, { "date": "2023-11-10", "close": 27.700001, "volume": 547367, "typical_volume": 155026.0, "trend": 31.861667, "fair_value": 18.770513, "relative_strength": -17.748642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.470992, "energy": 31.952524, "activity_lines": [ 29.123334, 29.379091, 29.792143, 30.584839 ] }, { "date": "2023-11-17", "close": 35.150002, "volume": 433114, "typical_volume": 174073.6, "trend": 31.94, "fair_value": 18.943269, "relative_strength": 2.126343, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 4.931789, "energy": 5.405909, "activity_lines": [ 30.946668, 30.410909, 30.255238, 30.796989 ] }, { "date": "2023-11-24", "close": 39.0, "volume": 939869, "typical_volume": 215653.55, "trend": 31.961667, "fair_value": 19.141346, "relative_strength": 12.421705, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.412379, "energy": 48.135016, "activity_lines": [ 33.776667, 32.049091, 31.072381, 31.252473 ] }, { "date": "2023-12-01", "close": 47.299999, "volume": 1366373, "typical_volume": 277552.6, "trend": 32.351667, "fair_value": 19.385577, "relative_strength": 32.58955, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 60.853562, "energy": 78.788114, "activity_lines": [ 38.833334, 35.022727, 32.654524, 32.242043 ] }, { "date": "2023-12-08", "close": 55.349998, "volume": 1258463, "typical_volume": 334203.8, "trend": 33.031667, "fair_value": 19.662821, "relative_strength": 48.880811, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 92.327768, "energy": 96.769329, "activity_lines": [ 45.396666, 39.132727, 34.921667, 33.725806 ] }, { "date": "2023-12-15", "close": 50.0, "volume": 354636, "typical_volume": 347310.85, "trend": 33.506667, "fair_value": 19.916987, "relative_strength": 30.63953, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.639886, "energy": 90.750958, "activity_lines": [ 48.429999, 41.769091, 36.558571, 34.820538 ] }, { "date": "2023-12-22", "close": 50.450001, "volume": 154901, "typical_volume": 350093.65, "trend": 33.991667, "fair_value": 20.176603, "relative_strength": 31.49594, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.158754, "energy": 89.472105, "activity_lines": [ 50.126666, 44.12, 38.146429, 35.913656 ] }, { "date": "2023-12-29", "close": 51.849998, "volume": 133119, "typical_volume": 353074.65, "trend": 34.555, "fair_value": 20.446474, "relative_strength": 31.838308, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.953143, "energy": 88.418497, "activity_lines": [ 51.269999, 46.371818, 39.776428, 37.065806 ] }, { "date": "2024-01-05", "close": 57.900002, "volume": 503967, "typical_volume": 374070.25, "trend": 35.308333, "fair_value": 20.752885, "relative_strength": 45.780127, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.070048, "energy": 75.273947, "activity_lines": [ 53.573334, 49.342727, 41.886429, 38.571935 ] }, { "date": "2024-01-12", "close": 63.150002, "volume": 491333, "typical_volume": 387550.65, "trend": 36.273333, "fair_value": 21.096474, "relative_strength": 55.615121, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.142018, "energy": 74.295548, "activity_lines": [ 56.920001, 52.754546, 44.363572, 40.368172 ] }, { "date": "2024-01-19", "close": 57.200001, "volume": 101589, "typical_volume": 388409.7, "trend": 37.103333, "fair_value": 21.401603, "relative_strength": 41.143879, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.298205, "energy": 66.14103, "activity_lines": [ 57.763334, 54.466364, 46.119048, 41.71828 ] }, { "date": "2024-01-26", "close": 52.799999, "volume": 157736, "typical_volume": 390658.05, "trend": 37.78, "fair_value": 21.682372, "relative_strength": 30.991426, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.11858, "energy": 62.751788, "activity_lines": [ 56.66, 54.841818, 47.328095, 42.730968 ] }, { "date": "2024-02-02", "close": 53.950001, "volume": 354731, "typical_volume": 399828.8, "trend": 38.456667, "fair_value": 21.969551, "relative_strength": 30.393469, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.042401, "energy": 56.150644, "activity_lines": [ 55.783334, 55.105455, 48.538095, 43.774194 ] }, { "date": "2024-02-09", "close": 59.450001, "volume": 69799, "typical_volume": 398402.0, "trend": 39.433333, "fair_value": 22.291346, "relative_strength": 43.346811, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.65878, "energy": 53.312244, "activity_lines": [ 56.600001, 56.097273, 50.155238, 45.128602 ] }, { "date": "2024-02-16", "close": 58.299999, "volume": 197383, "typical_volume": 402139.95, "trend": 40.376667, "fair_value": 22.608654, "relative_strength": 38.013221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.816376, "energy": 49.022604, "activity_lines": [ 56.93, 56.659091, 51.519286, 46.345807 ] }, { "date": "2024-02-23", "close": 64.400002, "volume": 239996, "typical_volume": 410121.3, "trend": 41.5, "fair_value": 22.966346, "relative_strength": 50.020288, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.706821, "energy": 57.500255, "activity_lines": [ 59.616667, 58.276364, 53.319048, 47.895699 ] }, { "date": "2024-03-01", "close": 62.299999, "volume": 200073, "typical_volume": 412580.75, "trend": 42.533333, "fair_value": 23.308974, "relative_strength": 43.130076, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.838262, "energy": 56.58655, "activity_lines": [ 61.123334, 59.25, 54.754048, 49.237635 ] }, { "date": "2024-03-08", "close": 60.5, "volume": 240798, "typical_volume": 418693.45, "trend": 43.495, "fair_value": 23.634936, "relative_strength": 37.083627, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.314891, "energy": 54.024189, "activity_lines": [ 61.396667, 59.680909, 55.868572, 50.396774 ] }, { "date": "2024-03-15", "close": 53.150002, "volume": 222954, "typical_volume": 421608.05, "trend": 44.266667, "fair_value": 23.916667, "relative_strength": 22.2951, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.742068, "energy": 42.673575, "activity_lines": [ 58.783334, 58.618182, 56.142143, 51.019678 ] }, { "date": "2024-03-22", "close": 53.849998, "volume": 117593, "typical_volume": 404289.7, "trend": 45.041667, "fair_value": 24.197436, "relative_strength": 22.82346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.461389, "energy": 25.725743, "activity_lines": [ 56.823333, 57.769091, 56.370476, 51.637957 ] }, { "date": "2024-03-29", "close": 51.849998, "volume": 113609, "typical_volume": 382601.8, "trend": 45.755, "fair_value": 24.4625, "relative_strength": 16.404842, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.705861, "energy": 21.138871, "activity_lines": [ 54.493332, 56.725454, 56.290714, 52.077204 ] }, { "date": "2024-04-05", "close": 66.400002, "volume": 526338, "typical_volume": 387263.0, "trend": 46.968333, "fair_value": 24.805449, "relative_strength": 46.333965, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.935496, "energy": 25.218241, "activity_lines": [ 57.85, 58.424546, 57.481667, 53.40914 ] }, { "date": "2024-04-12", "close": 72.25, "volume": 601769, "typical_volume": 370358.0, "trend": 48.395, "fair_value": 25.202564, "relative_strength": 57.142459, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.679863, "energy": 45.677687, "activity_lines": [ 62.883333, 60.94, 59.080953, 55.040215 ] }, { "date": "2024-04-19", "close": 70.150002, "volume": 118462, "typical_volume": 307962.45, "trend": 49.756667, "fair_value": 25.591026, "relative_strength": 53.254754, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.0306, "energy": 64.202526, "activity_lines": [ 66.433334, 62.740909, 60.321905, 56.443764 ] }, { "date": "2024-04-26", "close": 72.300003, "volume": 112589, "typical_volume": 250668.75, "trend": 51.24, "fair_value": 25.99359, "relative_strength": 54.445322, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.40705, "energy": 76.239291, "activity_lines": [ 69.566668, 64.738183, 61.65881, 57.898173 ] }, { "date": "2024-05-03", "close": 72.650002, "volume": 94914, "typical_volume": 237682.65, "trend": 52.668334, "fair_value": 26.394551, "relative_strength": 53.028125, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.19193, "energy": 75.782053, "activity_lines": [ 71.586669, 66.544547, 62.948334, 59.279463 ] }, { "date": "2024-05-10", "close": 74.050003, "volume": 93664, "typical_volume": 234620.8, "trend": 54.103334, "fair_value": 26.801923, "relative_strength": 56.88205, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.938954, "energy": 71.174743, "activity_lines": [ 72.686669, 68.455456, 64.263334, 60.658925 ] }, { "date": "2024-05-17", "close": 74.400002, "volume": 120816, "typical_volume": 234005.65, "trend": 55.553334, "fair_value": 27.201603, "relative_strength": 52.889095, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.36687, "energy": 59.568349, "activity_lines": [ 73.393336, 70.216365, 65.499287, 61.968388 ] }, { "date": "2024-05-24", "close": 72.599998, "volume": 101488, "typical_volume": 213881.7, "trend": 56.985, "fair_value": 27.592308, "relative_strength": 44.432578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.627152, "energy": 50.30982, "activity_lines": [ 73.356668, 71.397274, 66.456429, 63.068173 ] }, { "date": "2024-05-31", "close": 73.050003, "volume": 289031, "typical_volume": 203766.6, "trend": 58.448334, "fair_value": 27.977244, "relative_strength": 46.334718, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.277327, "energy": 46.918913, "activity_lines": [ 73.306668, 72.306365, 67.38643, 64.104624 ] }, { "date": "2024-06-07", "close": 73.0, "volume": 219470, "typical_volume": 209660.65, "trend": 59.958334, "fair_value": 28.359936, "relative_strength": 39.968433, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.018282, "energy": 41.672021, "activity_lines": [ 73.190001, 72.857274, 68.264525, 65.043442 ] }, { "date": "2024-06-14", "close": 73.709999, "volume": 93043, "typical_volume": 206426.0, "trend": 61.243667, "fair_value": 28.744936, "relative_strength": 38.69542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.26878, "energy": 39.535744, "activity_lines": [ 73.286667, 73.152728, 69.135001, 65.930646 ] }, { "date": "2024-06-21", "close": 79.32, "volume": 291581, "typical_volume": 203268.5, "trend": 62.587667, "fair_value": 29.166218, "relative_strength": 46.973423, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.514025, "energy": 45.156867, "activity_lines": [ 75.276, 74.335273, 70.440191, 67.096861 ] }, { "date": "2024-06-28", "close": 75.010002, "volume": 167486, "typical_volume": 208152.85, "trend": 63.511334, "fair_value": 29.553782, "relative_strength": 34.427881, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.010544, "energy": 38.422272, "activity_lines": [ 75.500667, 74.605637, 71.214096, 67.898302 ] }, { "date": "2024-07-05", "close": 87.120003, "volume": 544015, "typical_volume": 225484.45, "trend": 64.570334, "fair_value": 30.02218, "relative_strength": 51.807211, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.83409, "energy": 64.249241, "activity_lines": [ 79.601335, 76.989456, 73.067239, 69.421442 ] }, { "date": "2024-07-12", "close": 81.830002, "volume": 182735, "typical_volume": 222621.4, "trend": 65.631334, "fair_value": 30.428462, "relative_strength": 39.506491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.342218, "energy": 70.037289, "activity_lines": [ 81.000668, 78.142001, 74.279335, 70.534969 ] }, { "date": "2024-07-19", "close": 79.989998, "volume": 68930, "typical_volume": 216064.25, "trend": 66.616001, "fair_value": 30.820385, "relative_strength": 34.330625, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.737003, "energy": 65.140882, "activity_lines": [ 81.198001, 78.793092, 75.233191, 71.461334 ] }, { "date": "2024-07-26", "close": 81.389999, "volume": 61511, "typical_volume": 207099.9, "trend": 67.600667, "fair_value": 31.230898, "relative_strength": 33.199571, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.586259, "energy": 65.694673, "activity_lines": [ 81.443333, 79.590728, 76.236144, 72.414495 ] }, { "date": "2024-08-02", "close": 86.099998, "volume": 45614, "typical_volume": 198232.9, "trend": 68.540667, "fair_value": 31.677692, "relative_strength": 39.525805, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.965579, "energy": 58.274422, "activity_lines": [ 83.120666, 81.117636, 77.588191, 73.608001 ] }, { "date": "2024-08-09", "close": 92.480003, "volume": 108052, "typical_volume": 197755.85, "trend": 69.518334, "fair_value": 32.177244, "relative_strength": 49.523541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.572154, "energy": 66.417754, "activity_lines": [ 86.185333, 83.559091, 79.390953, 75.152474 ] }, { "date": "2024-08-16", "close": 112.379997, "volume": 1110615, "typical_volume": 247606.15, "trend": 71.357667, "fair_value": 32.813333, "relative_strength": 76.369492, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.725948, "energy": 93.558176, "activity_lines": [ 95.525999, 89.265454, 82.905, 77.917742 ] }, { "date": "2024-08-23", "close": 120.190002, "volume": 481017, "typical_volume": 245340.1, "trend": 73.604001, "fair_value": 33.498846, "relative_strength": 82.095514, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.826895, "energy": 96.509039, "activity_lines": [ 105.433333, 95.675818, 86.87462, 81.068216 ] }, { "date": "2024-08-30", "close": 132.690002, "volume": 39188, "typical_volume": 217211.05, "trend": 76.228667, "fair_value": 34.269295, "relative_strength": 92.603879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.76501, "energy": 97.897043, "activity_lines": [ 116.827334, 103.513819, 91.778572, 84.880216 ] }, { "date": "2024-09-06", "close": 146.479996, "volume": 366864, "typical_volume": 229631.15, "trend": 79.129667, "fair_value": 35.12718, "relative_strength": 109.44085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.674599, "energy": 98.766101, "activity_lines": [ 129.397999, 112.888727, 97.708048, 89.412559 ] }, { "date": "2024-09-13", "close": 143.410004, "volume": 218202, "typical_volume": 234911.8, "trend": 81.966667, "fair_value": 35.969231, "relative_strength": 95.369154, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.276146, "energy": 94.416562, "activity_lines": [ 136.920001, 120.406, 102.981667, 93.559678 ] }, { "date": "2024-09-20", "close": 155.699997, "volume": 434850, "typical_volume": 251908.6, "trend": 85.01, "fair_value": 36.889423, "relative_strength": 102.423598, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.286774, "energy": 96.51462, "activity_lines": [ 145.143333, 129.134363, 109.087143, 98.316667 ] }, { "date": "2024-09-27", "close": 157.0, "volume": 143941, "typical_volume": 254422.45, "trend": 88.166667, "fair_value": 37.81891, "relative_strength": 95.318277, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.270619, "energy": 93.884957, "activity_lines": [ 150.912, 136.756, 114.920952, 102.961183 ] }, { "date": "2024-10-04", "close": 145.880005, "volume": 34879, "typical_volume": 250125.6, "trend": 91.012667, "fair_value": 38.676795, "relative_strength": 84.933275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.554227, "energy": 80.457118, "activity_lines": [ 150.520001, 140.955637, 119.300715, 106.684624 ] }, { "date": "2024-10-11", "close": 133.820007, "volume": 230536, "typical_volume": 256578.0, "trend": 93.701667, "fair_value": 39.456731, "relative_strength": 66.145864, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.658088, "energy": 67.005122, "activity_lines": [ 145.22867, 141.790002, 122.191525, 109.446388 ] }, { "date": "2024-10-18", "close": 140.0, "volume": 151984, "typical_volume": 249725.65, "trend": 96.573334, "fair_value": 40.279487, "relative_strength": 70.472424, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.263851, "energy": 58.621519, "activity_lines": [ 142.841336, 142.880365, 125.379382, 112.433377 ] }, { "date": "2024-10-25", "close": 126.790001, "volume": 178830, "typical_volume": 247693.65, "trend": 99.071334, "fair_value": 41.022693, "relative_strength": 55.35227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.294327, "energy": 41.041748, "activity_lines": [ 136.278002, 140.704911, 126.990334, 114.38284 ] }, { "date": "2024-11-01", "close": 141.199997, "volume": 192288, "typical_volume": 252655.9, "trend": 101.564667, "fair_value": 41.85891, "relative_strength": 68.018386, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.065893, "energy": 33.192197, "activity_lines": [ 136.445334, 140.887455, 129.717525, 117.100818 ] }, { "date": "2024-11-08", "close": 139.029999, "volume": 69754, "typical_volume": 241564.55, "trend": 103.790667, "fair_value": 42.680577, "relative_strength": 62.589284, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.004965, "energy": 31.92273, "activity_lines": [ 136.942666, 140.293455, 131.916667, 119.517936 ] }, { "date": "2024-11-15", "close": 127.089996, "volume": 125533, "typical_volume": 239466.9, "trend": 105.688667, "fair_value": 43.425705, "relative_strength": 49.573438, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.767725, "energy": 23.773324, "activity_lines": [ 133.916665, 137.413272, 132.694333, 121.021119 ] }, { "date": "2024-11-22", "close": 129.899994, "volume": 48913, "typical_volume": 214711.8, "trend": 107.608667, "fair_value": 44.190449, "relative_strength": 47.759845, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.433992, "energy": 23.496853, "activity_lines": [ 132.275996, 135.396544, 133.491619, 122.58314 ] }, { "date": "2024-11-29", "close": 132.690002, "volume": 64436, "typical_volume": 208796.85, "trend": 109.61, "fair_value": 44.974039, "relative_strength": 47.098593, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.374257, "energy": 15.331464, "activity_lines": [ 132.238665, 134.132726, 134.350904, 124.20129 ] }, { "date": "2024-12-06", "close": 137.199997, "volume": 189905, "typical_volume": 214845.6, "trend": 111.715, "fair_value": 45.782051, "relative_strength": 46.527598, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.768299, "energy": 15.852477, "activity_lines": [ 133.311331, 134.107271, 135.397523, 125.98129 ] }, { "date": "2024-12-13", "close": 149.979996, "volume": 197194, "typical_volume": 221629.75, "trend": 114.234333, "fair_value": 46.6675, "relative_strength": 56.633956, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.901994, "energy": 35.219383, "activity_lines": [ 138.910664, 136.765452, 137.388856, 128.449999 ] }, { "date": "2024-12-20", "close": 146.0, "volume": 63053, "typical_volume": 222501.7, "trend": 116.681, "fair_value": 47.530641, "relative_strength": 57.119617, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.86904, "energy": 38.921322, "activity_lines": [ 142.453332, 138.625452, 138.674523, 130.499397 ] }, { "date": "2024-12-27", "close": 140.220001, "volume": 19133, "typical_volume": 218055.75, "trend": 118.92, "fair_value": 48.352564, "relative_strength": 46.95547, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.549291, "energy": 43.601548, "activity_lines": [ 142.808666, 139.213089, 139.124475, 132.018043 ] }, { "date": "2025-01-03", "close": 151.740005, "volume": 63441, "typical_volume": 165697.05, "trend": 121.544667, "fair_value": 49.24, "relative_strength": 55.041875, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.354094, "energy": 55.551921, "activity_lines": [ 146.316001, 141.891272, 140.444238, 134.135462 ] }, { "date": "2025-01-10", "close": 141.940002, "volume": 29887, "typical_volume": 143140.55, "trend": 123.819, "fair_value": 50.04891, "relative_strength": 46.385634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.386315, "energy": 38.082342, "activity_lines": [ 145.286669, 142.334, 140.643238, 135.45129 ] }, { "date": "2025-01-17", "close": 142.990005, "volume": 24732, "typical_volume": 142417.75, "trend": 125.941334, "fair_value": 50.867757, "relative_strength": 46.5246, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.712383, "energy": 31.787185, "activity_lines": [ 144.291337, 142.954183, 140.838667, 136.688129 ] }, { "date": "2025-01-24", "close": 126.5, "volume": 52204, "typical_volume": 126684.75, "trend": 127.657667, "fair_value": 51.583782, "relative_strength": 28.484502, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 13.652737, "energy": 8.402187, "activity_lines": [ 138.265336, 140.504183, 139.414572, 136.724172 ] }, { "date": "2025-01-31", "close": 127.93, "volume": 173025, "typical_volume": 124425.9, "trend": 129.018, "fair_value": 52.31218, "relative_strength": 25.947458, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.413849, "energy": 14.83172, "activity_lines": [ 134.016002, 138.32491, 138.22181, 136.741742 ] }, { "date": "2025-02-07", "close": 130.380005, "volume": 83684, "typical_volume": 106867.6, "trend": 130.636334, "fair_value": 53.060128, "relative_strength": 26.49953, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.668074, "energy": 16.965932, "activity_lines": [ 131.402669, 136.626911, 137.336096, 136.829613 ] }, { "date": "2025-02-14", "close": 105.68, "volume": 166614, "typical_volume": 108001.25, "trend": 131.492667, "fair_value": 53.64718, "relative_strength": 4.45328, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -54.610571, "energy": 58.360963, "activity_lines": [ 121.980002, 130.480002, 134.218572, 135.219527 ] }, { "date": "2025-02-21", "close": 97.169998, "volume": 137747, "typical_volume": 113144.65, "trend": 132.018667, "fair_value": 54.187692, "relative_strength": -3.966743, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -58.382805, "energy": 73.921927, "activity_lines": [ 112.138, 123.35891, 130.534953, 133.005162 ] }, { "date": "2025-02-28", "close": 83.360001, "volume": 143789, "typical_volume": 108807.3, "trend": 131.927334, "fair_value": 54.638718, "relative_strength": -15.47433, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -90.562174, "energy": 92.154391, "activity_lines": [ 100.747334, 114.687092, 125.768048, 129.865893 ] }, { "date": "2025-03-07", "close": 89.150002, "volume": 136703, "typical_volume": 108043.25, "trend": 131.816334, "fair_value": 55.126218, "relative_strength": -11.798835, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.835081, "energy": 90.029294, "activity_lines": [ 94.162668, 108.20691, 121.792858, 127.106065 ] }, { "date": "2025-03-14", "close": 100.089996, "volume": 277492, "typical_volume": 112976.35, "trend": 131.406667, "fair_value": 55.685128, "relative_strength": -1.160404, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.154155, "energy": 84.383471, "activity_lines": [ 93.809999, 104.644364, 119.101715, 125.059205 ] }, { "date": "2025-03-21", "close": 102.650002, "volume": 224363, "typical_volume": 114580.1, "trend": 130.822, "fair_value": 56.263013, "relative_strength": -3.573846, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.373033, "energy": 68.715071, "activity_lines": [ 96.33, 102.486364, 116.781524, 123.203936 ] }, { "date": "2025-03-28", "close": 94.699997, "volume": 269946, "typical_volume": 124589.7, "trend": 129.555667, "fair_value": 56.794744, "relative_strength": -12.311202, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.479707, "energy": 52.186561, "activity_lines": [ 96.401999, 99.597272, 113.887762, 120.873484 ] }, { "date": "2025-04-04", "close": 89.910004, "volume": 286665, "typical_volume": 132646.3, "trend": 127.67, "fair_value": 57.288398, "relative_strength": -14.859576, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.318222, "energy": 50.391681, "activity_lines": [ 95.042001, 96.715273, 110.748905, 118.315699 ] }, { "date": "2025-04-11", "close": 88.389999, "volume": 163977, "typical_volume": 138399.5, "trend": 125.836, "fair_value": 57.772628, "relative_strength": -16.252457, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.050361, "energy": 49.921282, "activity_lines": [ 92.738667, 94.222182, 107.642334, 115.781506 ] }, { "date": "2025-04-18", "close": 97.82, "volume": 113852, "typical_volume": 140870.3, "trend": 123.906667, "fair_value": 58.313782, "relative_strength": -11.636468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.291695, "energy": 44.68226, "activity_lines": [ 93.629334, 94.162545, 105.631524, 113.974022 ] }, { "date": "2025-04-25", "close": 103.599998, "volume": 301317, "typical_volume": 146440.9, "trend": 122.126667, "fair_value": 58.891667, "relative_strength": -7.561435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.328359, "energy": 35.282508, "activity_lines": [ 96.597999, 95.745818, 104.337238, 112.663914 ] }, { "date": "2025-05-02", "close": 99.82, "volume": 114790, "typical_volume": 142320.7, "trend": 120.591333, "fair_value": 59.448205, "relative_strength": -12.372139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.235449, "energy": 29.435589, "activity_lines": [ 98.243333, 96.679636, 102.842953, 111.224774 ] }, { "date": "2025-05-09", "close": 90.709999, "volume": 132529, "typical_volume": 145794.5, "trend": 119.154333, "fair_value": 59.953398, "relative_strength": -19.385465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.896179, "energy": 29.189753, "activity_lines": [ 96.510666, 95.908909, 100.719905, 109.296946 ] }, { "date": "2025-05-16", "close": 100.489998, "volume": 492935, "typical_volume": 169484.6, "trend": 117.837333, "fair_value": 60.527372, "relative_strength": -14.552546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.341444, "energy": 22.928599, "activity_lines": [ 97.984665, 96.782727, 99.791571, 108.092796 ] }, { "date": "2025-05-23", "close": 105.559998, "volume": 414222, "typical_volume": 187023.65, "trend": 117.129666, "fair_value": 61.137692, "relative_strength": -10.038929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.353418, "energy": 19.721132, "activity_lines": [ 100.341998, 98.372181, 99.535285, 107.30071 ] }, { "date": "2025-05-30", "close": 97.050003, "volume": 240102, "typical_volume": 197534.4, "trend": 115.658, "fair_value": 61.687051, "relative_strength": -17.17803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.987233, "energy": 21.735238, "activity_lines": [ 99.346667, 98.314909, 98.688428, 106.005247 ] }, { "date": "2025-06-06", "close": 102.989998, "volume": 183894, "typical_volume": 205492.5, "trend": 114.456667, "fair_value": 62.277372, "relative_strength": -13.342561, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.601655, "energy": 13.003001, "activity_lines": [ 100.767999, 99.439454, 98.621047, 105.187957 ] }, { "date": "2025-06-13", "close": 96.260002, "volume": 196725, "typical_volume": 212718.55, "trend": 113.429, "fair_value": 62.827116, "relative_strength": -18.322076, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.890289, "energy": 14.554331, "activity_lines": [ 99.734667, 99.189636, 98.10319, 104.013979 ] }, { "date": "2025-06-20", "close": 92.18, "volume": 197009, "typical_volume": 213917.75, "trend": 112.171667, "fair_value": 63.352949, "relative_strength": -23.102224, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.81482, "energy": 25.811044, "activity_lines": [ 96.971334, 98.082545, 97.340762, 102.643075 ] }, { "date": "2025-06-27", "close": 95.970001, "volume": 191348, "typical_volume": 219300.95, "trend": 110.947667, "fair_value": 63.904039, "relative_strength": -21.776382, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.73043, "energy": 23.183276, "activity_lines": [ 96.025334, 97.595636, 97.109524, 101.597807 ] }, { "date": "2025-07-04", "close": 97.949997, "volume": 291778, "typical_volume": 225559.15, "trend": 109.639334, "fair_value": 64.466539, "relative_strength": -19.693776, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.549413, "energy": 23.495164, "activity_lines": [ 96.378666, 97.502363, 97.230714, 100.759247 ] }, { "date": "2025-07-11", "close": 93.629997, "volume": 176583, "typical_volume": 227500.95, "trend": 107.761, "fair_value": 65.002308, "relative_strength": -22.405252, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.457534, "energy": 28.635243, "activity_lines": [ 95.231999, 96.726363, 96.977285, 99.726387 ] }, { "date": "2025-07-18", "close": 96.019997, "volume": 250527, "typical_volume": 232837.85, "trend": 106.095, "fair_value": 65.550833, "relative_strength": -20.033746, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.352714, "energy": 23.156023, "activity_lines": [ 95.505998, 96.497453, 96.968332, 98.968903 ] }, { "date": "2025-07-25", "close": 90.489998, "volume": 163831, "typical_volume": 234194.25, "trend": 104.437333, "fair_value": 66.064551, "relative_strength": -24.351227, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.844055, "energy": 28.752769, "activity_lines": [ 93.952664, 95.166544, 96.372428, 97.962128 ] }, { "date": "2025-08-01", "close": 84.089996, "volume": 204497, "typical_volume": 230544.5, "trend": 102.182333, "fair_value": 66.536923, "relative_strength": -28.907093, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.610047, "energy": 49.249751, "activity_lines": [ 90.378664, 92.853816, 95.160618, 96.649397 ] }, { "date": "2025-08-08", "close": 96.57, "volume": 685738, "typical_volume": 253613.25, "trend": 100.67, "fair_value": 67.087051, "relative_strength": -17.734305, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.213603, "energy": 30.797872, "activity_lines": [ 91.756665, 93.200544, 95.21357, 96.287311 ] }, { "date": "2025-08-15", "close": 100.82, "volume": 287724, "typical_volume": 254502.15, "trend": 99.264333, "fair_value": 67.622756, "relative_strength": -14.883179, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.155671, "energy": 14.862872, "activity_lines": [ 94.643332, 94.328726, 95.700237, 96.296988 ] }, { "date": "2025-08-22", "close": 98.25, "volume": 176624, "typical_volume": 249000.1, "trend": 98.322666, "fair_value": 68.15, "relative_strength": -17.555469, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.741402, "energy": 8.717261, "activity_lines": [ 96.193999, 95.02909, 95.912999, 96.231548 ] }, { "date": "2025-08-29", "close": 92.199997, "volume": 113988, "typical_volume": 246500.65, "trend": 97.131666, "fair_value": 68.648077, "relative_strength": -20.75651, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.554973, "energy": 17.103355, "activity_lines": [ 95.579332, 94.593271, 95.509856, 95.836537 ] }, { "date": "2025-09-05", "close": 94.769997, "volume": 140416, "typical_volume": 247828.85, "trend": 95.944666, "fair_value": 69.174808, "relative_strength": -18.906286, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.467921, "energy": 13.415178, "activity_lines": [ 95.707332, 94.624362, 95.333332, 95.684171 ] }, { "date": "2025-09-12", "close": 92.120003, "volume": 86544, "typical_volume": 237090.2, "trend": 95.492666, "fair_value": 69.684551, "relative_strength": -21.711063, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.949662, "energy": 14.913095, "activity_lines": [ 94.24, 94.195454, 94.918951, 95.437418 ] }, { "date": "2025-09-19", "close": 92.080002, "volume": 58798, "typical_volume": 234290.6, "trend": 95.322999, "fair_value": 70.194359, "relative_strength": -21.630904, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.73688, "energy": 29.430209, "activity_lines": [ 93.056, 93.865272, 94.555428, 95.217247 ] }, { "date": "2025-09-26", "close": 86.309998, "volume": 119011, "typical_volume": 233614.7, "trend": 95.421333, "fair_value": 70.6675, "relative_strength": -23.749397, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.740776, "energy": 45.200346, "activity_lines": [ 90.531333, 92.514181, 93.679237, 94.635763 ] }, { "date": "2025-10-03", "close": 99.709999, "volume": 171756, "typical_volume": 217555.75, "trend": 95.773333, "fair_value": 71.225256, "relative_strength": -12.086236, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.445239, "energy": 19.256924, "activity_lines": [ 93.269333, 93.775999, 94.10019, 94.912451 ] }, { "date": "2025-10-10", "close": 95.989998, "volume": 295468, "typical_volume": 211618.05, "trend": 95.636666, "fair_value": 71.76141, "relative_strength": -16.121406, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.786483, "energy": 7.825456, "activity_lines": [ 94.266666, 94.193817, 94.17057, 94.926429 ] }, { "date": "2025-10-17", "close": 89.110001, "volume": 1189783, "typical_volume": 259102.1, "trend": 95.185333, "fair_value": 72.251218, "relative_strength": -22.707348, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.186596, "energy": 20.845821, "activity_lines": [ 92.889333, 93.144363, 93.631285, 94.505354 ] }, { "date": "2025-10-24", "close": 86.620003, "volume": 425871, "typical_volume": 271200.95, "trend": 94.915999, "fair_value": 72.71641, "relative_strength": -24.505161, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.610808, "energy": 22.4103, "activity_lines": [ 90.882667, 91.777818, 92.892666, 93.952752 ] }, { "date": "2025-10-31", "close": 88.129997, "volume": 162381, "typical_volume": 269483.75, "trend": 94.856666, "fair_value": 73.166923, "relative_strength": -22.168937, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.099268, "energy": 35.559212, "activity_lines": [ 89.743333, 90.944, 92.375809, 93.514945 ] }, { "date": "2025-11-07", "close": 84.379997, "volume": 112724, "typical_volume": 265269.5, "trend": 94.722999, "fair_value": 73.56968, "relative_strength": -23.996388, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.272758, "energy": 53.79506, "activity_lines": [ 87.232665, 89.612363, 91.540523, 92.839031 ] }, { "date": "2025-11-14", "close": 83.830002, "volume": 391610, "typical_volume": 275282.6, "trend": 94.256666, "fair_value": 73.962821, "relative_strength": -24.992085, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.465927, "energy": 56.035176, "activity_lines": [ 85.560666, 88.322909, 90.689999, 92.136257 ] }, { "date": "2025-11-21", "close": 79.470001, "volume": 236425, "typical_volume": 272514.95, "trend": 93.452333, "fair_value": 74.289231, "relative_strength": -28.56494, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.120847, "energy": 62.163957, "activity_lines": [ 83.246, 86.439636, 89.482047, 91.182279 ] }, { "date": "2025-11-28", "close": 74.669998, "volume": 208579, "typical_volume": 274114.75, "trend": 92.613999, "fair_value": 74.535513, "relative_strength": -32.418188, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.559576, "energy": 70.990386, "activity_lines": [ 79.973999, 83.913636, 87.904952, 89.970515 ] }, { "date": "2025-12-05", "close": 72.230003, "volume": 188977, "typical_volume": 271037.25, "trend": 91.997999, "fair_value": 74.764551, "relative_strength": -33.73881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.67159, "energy": 74.60178, "activity_lines": [ 76.685334, 81.260546, 86.185762, 88.655419 ] }, { "date": "2025-12-12", "close": 69.629997, "volume": 317936, "typical_volume": 278742.5, "trend": 90.969333, "fair_value": 75.003846, "relative_strength": -34.762577, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.904617, "energy": 78.220593, "activity_lines": [ 73.59, 78.390727, 84.332238, 87.212322 ] }, { "date": "2025-12-19", "close": 68.199997, "volume": 78712, "typical_volume": 272453.25, "trend": 89.723999, "fair_value": 75.250321, "relative_strength": -34.814085, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.911128, "energy": 79.320966, "activity_lines": [ 71.001332, 75.807817, 82.441857, 85.743333 ] }, { "date": "2025-12-26", "close": 70.190002, "volume": 85484, "typical_volume": 242440.55, "trend": 88.828666, "fair_value": 75.499936, "relative_strength": -32.072341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.342997, "energy": 75.2569, "activity_lines": [ 70.118, 74.092, 80.816666, 84.483075 ] }, { "date": "2026-01-02", "close": 65.32, "volume": 448629, "typical_volume": 250485.8, "trend": 87.572999, "fair_value": 75.730192, "relative_strength": -36.286777, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.1365, "energy": 78.544652, "activity_lines": [ 68.23, 71.834727, 78.853285, 82.966387 ] }, { "date": "2026-01-09", "close": 58.959999, "volume": 157787, "typical_volume": 249543.95, "trend": 86.329666, "fair_value": 75.920321, "relative_strength": -39.929437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.218271, "energy": 84.505533, "activity_lines": [ 64.845333, 68.808363, 76.453238, 81.120387 ] }, { "date": "2026-01-16", "close": 56.619999, "volume": 171071, "typical_volume": 252398.1, "trend": 85.144333, "fair_value": 76.1025, "relative_strength": -41.166246, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.671576, "energy": 89.188465, "activity_lines": [ 61.565333, 65.886909, 74.017428, 79.203634 ] }, { "date": "2026-01-23", "close": 49.720001, "volume": 173885, "typical_volume": 254071.55, "trend": 83.602666, "fair_value": 76.221218, "relative_strength": -46.0364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.143259, "energy": 93.414457, "activity_lines": [ 56.852667, 62.215636, 71.093904, 76.918193 ] }, { "date": "2026-01-30", "close": 52.849998, "volume": 120793, "typical_volume": 255784.0, "trend": 82.099333, "fair_value": 76.310321, "relative_strength": -42.242444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.954065, "energy": 88.574886, "activity_lines": [ 54.415333, 59.733636, 68.683, 74.93415 ] }, { "date": "2026-02-06", "close": 49.630001, "volume": 1285562, "typical_volume": 317122.2, "trend": 80.632666, "fair_value": 76.379744, "relative_strength": -45.504252, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.849725, "energy": 88.871209, "activity_lines": [ 52.060666, 57.150182, 66.152428, 72.839354 ] }, { "date": "2026-02-13", "close": 49.169998, "volume": 1235897, "typical_volume": 372966.5, "trend": 79.070999, "fair_value": 76.46609, "relative_strength": -44.734368, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.627783, "energy": 82.084251, "activity_lines": [ 50.598666, 54.938363, 63.78019, 70.809505 ] }, { "date": "2026-02-20", "close": 46.639999, "volume": 339425, "typical_volume": 381349.95, "trend": 77.609333, "fair_value": 76.533654, "relative_strength": -47.072709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.261039, "energy": 71.990909, "activity_lines": [ 48.945999, 52.685818, 61.343857, 68.717182 ] }, { "date": "2026-02-27", "close": 38.349998, "volume": 1150394, "typical_volume": 424096.25, "trend": 76.084666, "fair_value": 76.558333, "relative_strength": -55.241005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.790433, "energy": 75.665711, "activity_lines": [ 45.195332, 49.343999, 58.370714, 66.184322 ] }, { "date": "2026-03-06", "close": 37.48, "volume": 530179, "typical_volume": 391116.05, "trend": 74.115, "fair_value": 76.577115, "relative_strength": -54.328968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.81294, "energy": 81.05119, "activity_lines": [ 41.912666, 46.386726, 55.58919, 63.693698 ] }, { "date": "2026-03-13", "close": 38.509998, "volume": 1450939, "typical_volume": 442369.45, "trend": 72.037999, "fair_value": 76.623974, "relative_strength": -49.63051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.934919, "energy": 76.323023, "activity_lines": [ 39.997999, 44.211453, 53.151618, 61.396601 ] }, { "date": "2026-03-20", "close": 44.529999, "volume": 2008091, "typical_volume": 534654.95, "trend": 70.247333, "fair_value": 76.705577, "relative_strength": -40.813218, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.837483, "energy": 65.35117, "activity_lines": [ 40.831332, 43.618181, 51.516475, 59.621892 ] }, { "date": "2026-03-27", "close": 49.459999, "volume": 711675, "typical_volume": 564602.5, "trend": 68.822666, "fair_value": 76.827115, "relative_strength": -32.671475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.555246, "energy": 54.785579, "activity_lines": [ 43.617332, 44.183635, 50.558475, 58.280773 ] }, { "date": "2026-04-03", "close": 46.439999, "volume": 232477, "typical_volume": 556645.85, "trend": 67.211666, "fair_value": 76.911987, "relative_strength": -35.764375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.612442, "energy": 42.159219, "activity_lines": [ 45.208666, 44.330181, 49.479142, 56.83673 ] }, { "date": "2026-04-10", "close": 46.860001, "volume": 200314, "typical_volume": 554840.3, "trend": 65.702999, "fair_value": 77.001474, "relative_strength": -38.068281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.808948, "energy": 31.527524, "activity_lines": [ 46.400666, 44.612727, 48.617856, 55.52372 ] }, { "date": "2026-04-17", "close": 59.290001, "volume": 631953, "typical_volume": 576009.0, "trend": 64.609999, "fair_value": 77.171282, "relative_strength": -21.818673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.196921, "energy": 21.272978, "activity_lines": [ 51.110667, 47.264181, 49.095666, 55.109978 ] }, { "date": "2026-04-24", "close": 53.330002, "volume": 234253, "typical_volume": 578272.8, "trend": 63.510666, "fair_value": 77.267308, "relative_strength": -27.40541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.817761, "energy": 22.004575, "activity_lines": [ 52.448668, 48.656364, 49.079095, 54.382236 ] }, { "date": "2026-05-01", "close": 53.759998, "volume": 169015, "typical_volume": 570826.75, "trend": 61.979, "fair_value": 77.383718, "relative_strength": -26.265984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.281983, "energy": 18.043206, "activity_lines": [ 53.343333, 50.051091, 49.193476, 53.753161 ] }, { "date": "2026-05-08", "close": 49.529999, "volume": 141213, "typical_volume": 573951.8, "trend": 60.430333, "fair_value": 77.477179, "relative_strength": -31.823068, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.655161, "energy": 16.888942, "activity_lines": [ 52.541333, 50.547272, 48.980571, 52.949999 ] }, { "date": "2026-05-15", "close": 44.98, "volume": 170411, "typical_volume": 578198.15, "trend": 58.959333, "fair_value": 77.536346, "relative_strength": -35.822984, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.576183, "energy": 16.225203, "activity_lines": [ 50.016666, 50.012909, 48.423238, 51.953204 ] }, { "date": "2026-05-22", "close": 44.880001, "volume": 170811, "typical_volume": 564307.25, "trend": 57.567999, "fair_value": 77.59391, "relative_strength": -35.179902, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.840578, "energy": 26.925656, "activity_lines": [ 47.584, 49.324, 47.976428, 51.04486 ] }, { "date": "2026-05-29", "close": 42.599998, "volume": 108381, "typical_volume": 561836.95, "trend": 56.050333, "fair_value": 77.642949, "relative_strength": -37.150175, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.700804, "energy": 42.361669, "activity_lines": [ 45.351999, 48.104727, 47.409809, 50.079182 ] }, { "date": "2026-06-05", "close": 41.52, "volume": 22927, "typical_volume": 554429.75, "trend": 54.621666, "fair_value": 77.68282, "relative_strength": -37.287577, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.660471, "energy": 57.334036, "activity_lines": [ 43.475333, 46.724182, 46.818238, 49.141741 ] }, { "date": "2026-06-12", "close": 38.540001, "volume": 316748, "typical_volume": 561572.9, "trend": 53.112, "fair_value": 77.710641, "relative_strength": -41.521843, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.246712, "energy": 67.807225, "activity_lines": [ 41.421333, 44.946182, 46.014762, 48.104215 ] }, { "date": "2026-06-19", "close": 40.029999, "volume": 88976, "typical_volume": 559982.05, "trend": 51.797333, "fair_value": 77.760192, "relative_strength": -39.411163, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.636434, "energy": 69.79198, "activity_lines": [ 40.596666, 43.582727, 45.406428, 47.260215 ] }, { "date": "2026-06-26", "close": 40.099998, "volume": 0, "typical_volume": 495703.95, "trend": 50.645, "fair_value": 77.80891, "relative_strength": -38.521219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.327159, "energy": 68.508843, "activity_lines": [ 40.125332, 42.356181, 44.865809, 46.505548 ] }, { "date": "2026-07-03", "close": 44.880001, "volume": 85990, "typical_volume": 438208.6, "trend": 49.733333, "fair_value": 77.880897, "relative_strength": -30.821631, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.409479, "energy": 45.497479, "activity_lines": [ 41.566, 42.347636, 44.825809, 46.133613 ] }, { "date": "2026-07-10", "close": 46.84, "volume": 348095, "typical_volume": 438642.1, "trend": 48.973666, "fair_value": 77.987885, "relative_strength": -26.66645, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.369098, "energy": 22.796704, "activity_lines": [ 43.508, 42.849091, 44.992905, 45.946946 ] }, { "date": "2026-07-17", "close": 50.740002, "volume": 475349, "typical_volume": 404889.85, "trend": 48.391666, "fair_value": 78.120833, "relative_strength": -19.949289, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -6.817519, "energy": 15.173309, "activity_lines": [ 46.395334, 44.185455, 45.530476, 46.060903 ] }, { "date": "2026-07-24", "close": 54.720001, "volume": 248632, "typical_volume": 390812.5, "trend": 47.876, "fair_value": 78.274808, "relative_strength": -10.727348, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 29.469752, "energy": 37.017581, "activity_lines": [ 49.796001, 46.223455, 46.388095, 46.469183 ] }, { "date": "2026-07-31", "close": 52.849998, "volume": 79413, "typical_volume": 322236.2, "trend": 47.460333, "fair_value": 78.412949, "relative_strength": -15.162541, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.650383, "energy": 54.187965, "activity_lines": [ 51.594, 47.744364, 46.985524, 46.790086 ] }, { "date": "2026-08-07", "close": 56.77, "volume": 245102, "typical_volume": 234086.75, "trend": 47.387333, "fair_value": 78.573974, "relative_strength": -8.424086, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 80.174448, "energy": 82.799667, "activity_lines": [ 53.848667, 49.833091, 47.888, 47.390709 ] } ], "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." } } }