{ "ticker": { "uuid": "63fcce22-4641-4404-a728-ef0e1e714cef", "symbol": "GREENLAM", "name": "Greenlam Industries Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 65.503, "architecture_energy": 37.237, "architecture_maturity": 36.475, "architecture_confidence": 58.187, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 36.51, "rotation_up": 44.48, "upward_expansion": 72.86, "deceleration": 71.57, "rotation_down": 22.44, "downward_expansion": 4.19 }, "activity_lines": [ 260.070005, 258.478373, 248.946045, 242.896761 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 273.700012, "trend_reference": 238.959681, "distance_from_trend": 0.145382, "trend_direction": "Improving", "fair_value": 254.934583, "distance_from_fair_value": 0.073609, "fair_value_direction": "Improving", "relative_strength": 13.386409, "relative_strength_direction": "Improving", "price_momentum": 0.084304, "excess_performance": 0.128013, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.145382, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.005941, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.073609, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.180151, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.133864, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.169548, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.084304, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.789849, "read": "Supply-led" } ], "volume": { "latest": 1430820, "relative_activity": 1.546411, "balance": 0.789849, "dry_up": 0.803999, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.081693, "annualized_volatility": 0.293873, "from_high_reference": -0.017694, "from_low_reference": 0.385192 }, "levels": { "trend_reference": 238.959681, "fair_value_reference": 254.934583, "structural_low": 197.589996, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": -0.000403, "positive_rate": 0.478261, "directional_follow_through": 0.478261, "median_excess_return": -0.007631, "regime_survival": 0.695652, "best_return": 0.124774, "worst_return": -0.163808, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.011046, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.024963, "regime_survival": 0.333333, "best_return": 0.35699, "worst_return": -0.051314, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.038367, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.000318, "regime_survival": 0.5, "best_return": 0.407169, "worst_return": -0.127674, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.256597, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.139464, "regime_survival": 0.333333, "best_return": 0.385911, "worst_return": -0.210108, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-09-13", "tenure": "Developing", "return": -0.064982, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-09-20", "end": "2024-10-11", "tenure": "New", "return": -0.053273, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-18", "end": "2024-11-29", "tenure": "Developing", "return": 0.07175, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-06", "end": "2024-12-13", "tenure": "New", "return": 0.002131, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-12-20", "end": "2025-01-10", "tenure": "New", "return": 0.013265, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-02-28", "tenure": "Developing", "return": -0.168451, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-07", "end": "2025-06-06", "tenure": "Established", "return": -0.002916, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-10-17", "tenure": "Established", "return": 0.07563, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-24", "end": "2025-12-19", "tenure": "Developing", "return": -0.031009, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-26", "end": "2026-03-06", "tenure": "Developing", "return": -0.04082, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-05-22", "tenure": "Developing", "return": 0.122258, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-06-12", "tenure": "New", "return": 0.105083, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-19", "end": "2026-07-10", "tenure": "New", "return": 0.02378, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.097654, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 223.764221, "volume": 149696, "typical_volume": 1144624.9, "trend": 181.34466, "fair_value": 143.726541, "relative_strength": 22.368442, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.314464, "energy": 35.241543, "activity_lines": [ 226.532023, 228.857938, 213.541879, 198.545232 ] }, { "date": "2023-08-25", "close": 227.696884, "volume": 285786, "typical_volume": 1138567.3, "trend": 183.829681, "fair_value": 144.718525, "relative_strength": 24.340901, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.221358, "energy": 28.946983, "activity_lines": [ 226.067401, 228.803469, 216.618675, 201.535698 ] }, { "date": "2023-09-01", "close": 220.852036, "volume": 253200, "typical_volume": 1145889.3, "trend": 186.09481, "fair_value": 145.67986, "relative_strength": 19.150698, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.262025, "energy": 26.142304, "activity_lines": [ 223.863773, 227.34797, 218.687161, 203.924237 ] }, { "date": "2023-09-08", "close": 226.850616, "volume": 168026, "typical_volume": 1148721.3, "trend": 188.516889, "fair_value": 146.67649, "relative_strength": 19.467748, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.68098, "energy": 27.749289, "activity_lines": [ 224.82454, 226.944747, 221.000869, 206.553644 ] }, { "date": "2023-09-15", "close": 227.796463, "volume": 166606, "typical_volume": 1140335.4, "trend": 190.910128, "fair_value": 147.671228, "relative_strength": 17.300965, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.010313, "energy": 30.413697, "activity_lines": [ 225.873258, 226.675933, 223.044824, 209.08781 ] }, { "date": "2023-09-22", "close": 212.887131, "volume": 467648, "typical_volume": 1130852.9, "trend": 192.865931, "fair_value": 148.582927, "relative_strength": 12.120581, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.194902, "energy": 21.497755, "activity_lines": [ 221.704954, 223.708551, 223.269773, 210.505681 ] }, { "date": "2023-09-29", "close": 206.789001, "volume": 1032236, "typical_volume": 1171099.1, "trend": 194.678831, "fair_value": 149.440096, "relative_strength": 8.64812, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.556906, "energy": 11.104927, "activity_lines": [ 216.229079, 220.187699, 222.596152, 211.403944 ] }, { "date": "2023-10-06", "close": 203.105225, "volume": 332642, "typical_volume": 1176143.4, "trend": 196.22422, "fair_value": 150.281008, "relative_strength": 6.387993, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.194752, "energy": 12.615251, "activity_lines": [ 210.919138, 216.525197, 221.331494, 211.947582 ] }, { "date": "2023-10-13", "close": 202.458084, "volume": 146224, "typical_volume": 1175732.9, "trend": 197.911777, "fair_value": 151.100755, "relative_strength": 5.214406, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.987076, "energy": 21.18347, "activity_lines": [ 206.576603, 213.385394, 219.760097, 212.349767 ] }, { "date": "2023-10-20", "close": 202.209183, "volume": 159206, "typical_volume": 1067857.6, "trend": 199.576151, "fair_value": 151.914422, "relative_strength": 5.907782, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.18563, "energy": 28.766312, "activity_lines": [ 203.777271, 210.581837, 217.941754, 212.627019 ] }, { "date": "2023-10-27", "close": 215.077484, "volume": 1162180, "typical_volume": 850234.5, "trend": 201.784418, "fair_value": 152.804738, "relative_strength": 15.0702, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.011055, "energy": 17.580255, "activity_lines": [ 206.97319, 210.515765, 217.251308, 213.627105 ] }, { "date": "2023-11-03", "close": 275.884583, "volume": 11430800, "typical_volume": 1174021.2, "trend": 205.885619, "fair_value": 154.095988, "relative_strength": 44.624125, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 62.277984, "energy": 40.760141, "activity_lines": [ 230.29212, 221.663469, 222.451332, 218.407761 ] }, { "date": "2023-11-10", "close": 278.348755, "volume": 1409344, "typical_volume": 1187601.9, "trend": 210.084671, "fair_value": 155.403002, "relative_strength": 42.874395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.8268, "energy": 76.897477, "activity_lines": [ 249.826067, 232.383064, 227.615582, 223.082802 ] }, { "date": "2023-11-17", "close": 282.405884, "volume": 2355340, "typical_volume": 1272481.4, "trend": 214.455348, "fair_value": 156.734982, "relative_strength": 41.179671, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.177384, "energy": 84.30984, "activity_lines": [ 265.696156, 242.794924, 232.88238, 227.748686 ] }, { "date": "2023-11-24", "close": 298.534821, "volume": 1842676, "typical_volume": 1306014.2, "trend": 219.606785, "fair_value": 158.148157, "relative_strength": 47.037189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.278403, "energy": 90.048663, "activity_lines": [ 281.612704, 255.129223, 239.410881, 233.173169 ] }, { "date": "2023-12-01", "close": 286.43811, "volume": 683226, "typical_volume": 1287186.2, "trend": 224.283051, "fair_value": 159.441609, "relative_strength": 36.44271, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.912757, "energy": 84.38716, "activity_lines": [ 287.075305, 263.977967, 244.453666, 237.484867 ] }, { "date": "2023-12-08", "close": 277.328247, "volume": 687470, "typical_volume": 1299732.8, "trend": 228.315771, "fair_value": 160.701986, "relative_strength": 26.605312, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.810068, "energy": 73.972703, "activity_lines": [ 284.743911, 269.833083, 248.424032, 240.907138 ] }, { "date": "2023-12-15", "close": 273.395599, "volume": 441092, "typical_volume": 1210440.9, "trend": 232.374527, "fair_value": 161.949624, "relative_strength": 21.077094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.705155, "energy": 53.333445, "activity_lines": [ 281.005389, 273.690639, 251.822279, 243.815514 ] }, { "date": "2023-12-22", "close": 270.184723, "volume": 987450, "typical_volume": 1228099.4, "trend": 236.194767, "fair_value": 163.203894, "relative_strength": 19.42147, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.592917, "energy": 42.509056, "activity_lines": [ 276.526786, 275.686393, 254.747725, 246.254881 ] }, { "date": "2023-12-29", "close": 265.629761, "volume": 438248, "typical_volume": 1229954.8, "trend": 238.992376, "fair_value": 164.411538, "relative_strength": 14.638422, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.301575, "energy": 30.420604, "activity_lines": [ 271.344607, 275.622579, 257.016774, 248.153913 ] }, { "date": "2024-01-05", "close": 272.250641, "volume": 380522, "typical_volume": 1241496.1, "trend": 240.202929, "fair_value": 165.588408, "relative_strength": 16.905174, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.206005, "energy": 26.622247, "activity_lines": [ 270.563058, 275.60946, 259.718565, 250.299608 ] }, { "date": "2024-01-12", "close": 268.367706, "volume": 491328, "typical_volume": 1251773.2, "trend": 241.845562, "fair_value": 166.789609, "relative_strength": 13.575061, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.878626, "energy": 22.537783, "activity_lines": [ 269.433028, 273.850841, 261.819664, 252.11669 ] }, { "date": "2024-01-19", "close": 261.074829, "volume": 453890, "typical_volume": 1261807.7, "trend": 243.256677, "fair_value": 167.938819, "relative_strength": 11.211227, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.787121, "energy": 17.938385, "activity_lines": [ 266.469409, 270.902914, 263.032533, 253.357288 ] }, { "date": "2024-01-26", "close": 256.918152, "volume": 98512, "typical_volume": 1258332.0, "trend": 244.327792, "fair_value": 169.066751, "relative_strength": 10.173037, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.877826, "energy": 16.692468, "activity_lines": [ 262.941616, 267.5133, 263.657991, 254.238673 ] }, { "date": "2024-02-02", "close": 272.424835, "volume": 495774, "typical_volume": 1274790.4, "trend": 245.793003, "fair_value": 170.229142, "relative_strength": 13.364531, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.280752, "energy": 18.683779, "activity_lines": [ 265.467155, 267.406495, 265.617098, 256.051386 ] }, { "date": "2024-02-09", "close": 270.558044, "volume": 745270, "typical_volume": 1288671.5, "trend": 246.697352, "fair_value": 171.389511, "relative_strength": 12.213245, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.764921, "energy": 18.149312, "activity_lines": [ 266.917425, 267.435001, 267.185898, 257.64913 ] }, { "date": "2024-02-16", "close": 265.231537, "volume": 601360, "typical_volume": 1267127.7, "trend": 247.677202, "fair_value": 172.497329, "relative_strength": 8.088194, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.94071, "energy": 15.407203, "activity_lines": [ 266.705033, 266.78378, 267.972789, 258.844884 ] }, { "date": "2024-02-23", "close": 268.691315, "volume": 954678, "typical_volume": 1298229.5, "trend": 248.68941, "fair_value": 173.630862, "relative_strength": 8.04059, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.371581, "energy": 22.537165, "activity_lines": [ 267.854978, 266.98155, 268.810885, 260.200633 ] }, { "date": "2024-03-01", "close": 268.268158, "volume": 890154, "typical_volume": 1335426.0, "trend": 250.18366, "fair_value": 174.755525, "relative_strength": 6.648623, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.241953, "energy": 20.424133, "activity_lines": [ 268.356106, 267.187914, 269.296365, 261.463779 ] }, { "date": "2024-03-08", "close": 255.051361, "volume": 396856, "typical_volume": 1347308.5, "trend": 251.21578, "fair_value": 175.810715, "relative_strength": 0.296208, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.003449, "energy": 6.779709, "activity_lines": [ 263.694967, 265.026071, 268.209722, 261.777824 ] }, { "date": "2024-03-15", "close": 230.285477, "volume": 1138852, "typical_volume": 1346142.1, "trend": 251.433155, "fair_value": 176.708317, "relative_strength": -7.756811, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -15.400459, "energy": 27.445288, "activity_lines": [ 251.936765, 258.553674, 264.512793, 260.427482 ] }, { "date": "2024-03-22", "close": 242.207947, "volume": 843512, "typical_volume": 816777.7, "trend": 251.916857, "fair_value": 177.67581, "relative_strength": -3.62627, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -23.787322, "energy": 39.249548, "activity_lines": [ 246.837557, 255.012003, 261.878919, 259.832307 ] }, { "date": "2024-03-29", "close": 251.66629, "volume": 710382, "typical_volume": 781829.6, "trend": 252.943999, "fair_value": 178.701533, "relative_strength": -1.345213, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.789413, "energy": 36.892678, "activity_lines": [ 246.426037, 253.665662, 260.306204, 259.816141 ] }, { "date": "2024-04-05", "close": 287.757294, "volume": 1478616, "typical_volume": 737993.4, "trend": 254.974221, "fair_value": 179.928806, "relative_strength": 11.100731, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 40.852249, "energy": 20.778929, "activity_lines": [ 259.179852, 259.052386, 262.297787, 262.06216 ] }, { "date": "2024-04-12", "close": 275.859741, "volume": 346014, "typical_volume": 663160.3, "trend": 256.576331, "fair_value": 181.074224, "relative_strength": 5.825201, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 29.449598, "energy": 18.282931, "activity_lines": [ 266.668541, 261.715207, 263.130787, 263.409613 ] }, { "date": "2024-04-19", "close": 285.890503, "volume": 217710, "typical_volume": 639884.5, "trend": 259.009776, "fair_value": 182.271312, "relative_strength": 10.721834, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.472205, "energy": 34.511406, "activity_lines": [ 276.113593, 266.13935, 265.027074, 265.30085 ] }, { "date": "2024-04-26", "close": 301.695862, "volume": 706216, "typical_volume": 640821.8, "trend": 262.173338, "fair_value": 183.524538, "relative_strength": 14.385518, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.222611, "energy": 52.384427, "activity_lines": [ 287.120095, 273.158422, 268.431241, 268.054791 ] }, { "date": "2024-05-03", "close": 287.583069, "volume": 746894, "typical_volume": 656111.9, "trend": 264.989266, "fair_value": 184.726352, "relative_strength": 7.933142, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.998211, "energy": 59.924757, "activity_lines": [ 289.456472, 276.948545, 270.375296, 269.694129 ] }, { "date": "2024-05-10", "close": 277.12912, "volume": 491790, "typical_volume": 631328.9, "trend": 267.478301, "fair_value": 185.837979, "relative_strength": 5.3052, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.621644, "energy": 50.538229, "activity_lines": [ 285.913747, 278.494463, 271.256178, 270.477345 ] }, { "date": "2024-05-17", "close": 294.004761, "volume": 1635790, "typical_volume": 691206.0, "trend": 270.538154, "fair_value": 187.010584, "relative_strength": 8.840028, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.570401, "energy": 42.212055, "activity_lines": [ 288.704781, 282.947571, 273.711195, 272.18873 ] }, { "date": "2024-05-24", "close": 292.461578, "volume": 582960, "typical_volume": 701327.9, "trend": 273.117623, "fair_value": 188.154858, "relative_strength": 5.224468, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.904318, "energy": 31.810186, "activity_lines": [ 289.771753, 286.411857, 275.884123, 273.603144 ] }, { "date": "2024-05-31", "close": 283.351715, "volume": 3205990, "typical_volume": 837061.0, "trend": 273.366528, "fair_value": 189.203671, "relative_strength": 3.420744, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.593564, "energy": 25.49721, "activity_lines": [ 287.364032, 287.089329, 277.093203, 274.263408 ] }, { "date": "2024-06-07", "close": 293.258057, "volume": 766938, "typical_volume": 852713.4, "trend": 273.863505, "fair_value": 190.307082, "relative_strength": 3.565543, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.803187, "energy": 27.981714, "activity_lines": [ 289.481368, 288.819886, 279.174391, 275.546732 ] }, { "date": "2024-06-14", "close": 303.63736, "volume": 540340, "typical_volume": 874804.8, "trend": 274.57122, "fair_value": 191.532531, "relative_strength": 6.21054, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.21848, "energy": 31.783653, "activity_lines": [ 294.680139, 291.681376, 282.090831, 277.467626 ] }, { "date": "2024-06-21", "close": 306.826538, "volume": 443528, "typical_volume": 872192.5, "trend": 274.847611, "fair_value": 192.732202, "relative_strength": 6.938317, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.018936, "energy": 37.078658, "activity_lines": [ 299.174754, 294.833987, 285.08853, 279.548615 ] }, { "date": "2024-06-28", "close": 303.532135, "volume": 269742, "typical_volume": 848416.1, "trend": 275.417412, "fair_value": 193.795138, "relative_strength": 3.394239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.723136, "energy": 45.416966, "activity_lines": [ 301.716449, 296.824583, 287.608658, 281.399229 ] }, { "date": "2024-07-05", "close": 299.089722, "volume": 214218, "typical_volume": 829059.0, "trend": 276.142794, "fair_value": 194.869757, "relative_strength": 0.4934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.686017, "energy": 43.959967, "activity_lines": [ 302.039303, 297.686711, 289.54868, 282.926475 ] }, { "date": "2024-07-12", "close": 285.537842, "volume": 800550, "typical_volume": 821352.6, "trend": 276.547536, "fair_value": 195.864135, "relative_strength": -4.639937, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.809574, "energy": 27.05643, "activity_lines": [ 296.795663, 296.132244, 290.036818, 283.532607 ] }, { "date": "2024-07-19", "close": 279.523102, "volume": 153382, "typical_volume": 784514.0, "trend": 276.858815, "fair_value": 196.801519, "relative_strength": -6.677389, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.998893, "energy": 13.773645, "activity_lines": [ 290.06179, 293.521375, 289.871901, 283.724579 ] }, { "date": "2024-07-26", "close": 279.548065, "volume": 382666, "typical_volume": 783804.5, "trend": 277.322759, "fair_value": 197.735748, "relative_strength": -7.684143, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.461962, "energy": 14.815214, "activity_lines": [ 284.943856, 290.871518, 289.655767, 283.898079 ] }, { "date": "2024-08-02", "close": 290.928619, "volume": 320206, "typical_volume": 742872.2, "trend": 277.945358, "fair_value": 198.683102, "relative_strength": -3.519495, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.776373, "energy": 16.534485, "activity_lines": [ 285.438004, 290.553701, 290.406844, 284.775876 ] }, { "date": "2024-08-09", "close": 288.432892, "volume": 207514, "typical_volume": 711072.3, "trend": 278.614197, "fair_value": 199.682871, "relative_strength": -3.018746, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.449961, "energy": 11.239778, "activity_lines": [ 285.940478, 289.809988, 290.631456, 285.452492 ] }, { "date": "2024-08-16", "close": 289.306396, "volume": 249494, "typical_volume": 688027.9, "trend": 279.55525, "fair_value": 200.692422, "relative_strength": -3.443886, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.983811, "energy": 8.495, "activity_lines": [ 287.444576, 289.132708, 290.71914, 286.142311 ] }, { "date": "2024-08-23", "close": 290.978577, "volume": 243776, "typical_volume": 626285.9, "trend": 280.690597, "fair_value": 201.695232, "relative_strength": -3.97443, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.373775, "energy": 13.525009, "activity_lines": [ 289.25483, 288.83131, 290.786841, 286.8793 ] }, { "date": "2024-08-30", "close": 280.221924, "volume": 259404, "typical_volume": 621955.4, "trend": 280.9505, "fair_value": 202.627758, "relative_strength": -8.999546, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.957526, "energy": 4.827414, "activity_lines": [ 286.715835, 286.804316, 289.814759, 286.849063 ] }, { "date": "2024-09-06", "close": 278.325134, "volume": 174150, "typical_volume": 619777.4, "trend": 281.209403, "fair_value": 203.527434, "relative_strength": -8.184217, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.102997, "energy": 11.484668, "activity_lines": [ 283.499652, 284.916172, 288.641258, 286.679684 ] }, { "date": "2024-09-13", "close": 269.68988, "volume": 433386, "typical_volume": 606135.9, "trend": 281.358014, "fair_value": 204.36339, "relative_strength": -12.713643, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.597455, "energy": 31.47215, "activity_lines": [ 278.245284, 281.916291, 286.681378, 285.936489 ] }, { "date": "2024-09-20", "close": 268.442017, "volume": 456394, "typical_volume": 591610.9, "trend": 281.349705, "fair_value": 205.196829, "relative_strength": -14.52545, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.677545, "energy": 44.942864, "activity_lines": [ 273.824495, 279.224068, 284.755063, 285.103199 ] }, { "date": "2024-09-27", "close": 259.058014, "volume": 464094, "typical_volume": 590226.1, "trend": 281.0427, "fair_value": 205.989887, "relative_strength": -18.654472, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.77723, "energy": 55.610495, "activity_lines": [ 267.666665, 275.136496, 282.026181, 283.665025 ] }, { "date": "2024-10-04", "close": 256.612183, "volume": 316178, "typical_volume": 524245.5, "trend": 281.094727, "fair_value": 206.761055, "relative_strength": -15.661742, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.058839, "energy": 60.732667, "activity_lines": [ 262.821594, 270.97632, 279.150416, 282.088863 ] }, { "date": "2024-10-11", "close": 254.141403, "volume": 196390, "typical_volume": 504917.0, "trend": 281.889925, "fair_value": 207.50032, "relative_strength": -16.296027, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.034305, "energy": 71.39615, "activity_lines": [ 258.726914, 266.783927, 276.217399, 280.349939 ] }, { "date": "2024-10-18", "close": 266.096008, "volume": 240084, "typical_volume": 356621.7, "trend": 282.686193, "fair_value": 208.30595, "relative_strength": -12.020051, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.853864, "energy": 60.775054, "activity_lines": [ 260.22935, 265.433957, 274.605392, 279.330977 ] }, { "date": "2024-10-25", "close": 252.269592, "volume": 586854, "typical_volume": 347617.5, "trend": 282.706303, "fair_value": 209.023044, "relative_strength": -14.152669, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.608481, "energy": 57.86695, "activity_lines": [ 257.362572, 261.976218, 271.758754, 277.368615 ] }, { "date": "2024-11-01", "close": 268.367157, "volume": 516584, "typical_volume": 346429.7, "trend": 282.059966, "fair_value": 209.853025, "relative_strength": -8.66133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.509368, "energy": 36.38657, "activity_lines": [ 260.939811, 262.118706, 270.6404, 276.443509 ] }, { "date": "2024-11-08", "close": 277.45163, "volume": 366008, "typical_volume": 342553.7, "trend": 282.113028, "fair_value": 210.699982, "relative_strength": -4.527548, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.460826, "energy": 19.420032, "activity_lines": [ 266.924598, 264.324033, 270.555188, 276.146197 ] }, { "date": "2024-11-15", "close": 258.159546, "volume": 96692, "typical_volume": 333901.2, "trend": 281.188663, "fair_value": 211.453723, "relative_strength": -8.353155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.581777, "energy": 23.503677, "activity_lines": [ 265.089394, 263.072078, 268.772514, 274.600811 ] }, { "date": "2024-11-22", "close": 252.918503, "volume": 99342, "typical_volume": 328157.4, "trend": 279.562751, "fair_value": 212.072437, "relative_strength": -10.976454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.919805, "energy": 24.483875, "activity_lines": [ 261.2393, 261.233852, 266.706754, 272.77693 ] }, { "date": "2024-11-29", "close": 285.188416, "volume": 300954, "typical_volume": 303177.6, "trend": 279.48293, "fair_value": 212.964837, "relative_strength": -0.175249, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.129126, "energy": 11.170766, "activity_lines": [ 269.024343, 265.567818, 267.934182, 273.139876 ] }, { "date": "2024-12-06", "close": 292.725586, "volume": 312796, "typical_volume": 311148.3, "trend": 280.002812, "fair_value": 213.774906, "relative_strength": 0.415471, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.478149, "energy": 9.167565, "activity_lines": [ 277.127188, 270.967698, 269.8811, 273.994241 ] }, { "date": "2024-12-13", "close": 293.349518, "volume": 179136, "typical_volume": 300971.8, "trend": 279.98097, "fair_value": 214.522811, "relative_strength": 0.408606, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.304556, "energy": 25.303446, "activity_lines": [ 283.814116, 275.868883, 271.82457, 274.855319 ] }, { "date": "2024-12-20", "close": 274.681366, "volume": 80574, "typical_volume": 288990.2, "trend": 279.388297, "fair_value": 215.207673, "relative_strength": -1.111704, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 13.587445, "energy": 23.583575, "activity_lines": [ 283.218466, 276.707906, 271.9244, 274.513409 ] }, { "date": "2024-12-27", "close": 278.574707, "volume": 111748, "typical_volume": 284201.9, "trend": 279.229063, "fair_value": 215.866128, "relative_strength": -0.576183, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 13.517953, "energy": 25.641036, "activity_lines": [ 282.819143, 277.881356, 272.472393, 274.460919 ] }, { "date": "2025-01-03", "close": 293.998413, "volume": 945038, "typical_volume": 318979.1, "trend": 279.253741, "fair_value": 216.565021, "relative_strength": 4.14191, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.475769, "energy": 28.181918, "activity_lines": [ 285.850641, 281.632231, 274.536253, 275.41378 ] }, { "date": "2025-01-10", "close": 278.325134, "volume": 155584, "typical_volume": 314569.5, "trend": 278.410001, "fair_value": 217.134482, "relative_strength": 1.064664, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 10.82758, "energy": 9.818876, "activity_lines": [ 283.07038, 281.774713, 275.085077, 275.35387 ] }, { "date": "2025-01-17", "close": 270.388702, "volume": 235822, "typical_volume": 313390.4, "trend": 277.195406, "fair_value": 217.704465, "relative_strength": -0.782774, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.545603, "energy": 3.09535, "activity_lines": [ 278.604671, 280.293153, 274.938306, 274.836367 ] }, { "date": "2025-01-24", "close": 285.437988, "volume": 401966, "typical_volume": 324781.2, "trend": 276.592268, "fair_value": 218.39462, "relative_strength": 5.186321, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.262396, "energy": 8.043968, "activity_lines": [ 280.686112, 281.676244, 276.271624, 275.368146 ] }, { "date": "2025-01-31", "close": 275.829407, "volume": 366748, "typical_volume": 321449.3, "trend": 275.816924, "fair_value": 218.96437, "relative_strength": -0.03425, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.367805, "energy": 5.128562, "activity_lines": [ 278.847585, 280.816348, 276.655969, 275.31893 ] }, { "date": "2025-02-07", "close": 286.461273, "volume": 363222, "typical_volume": 316790.7, "trend": 275.847705, "fair_value": 219.613807, "relative_strength": 3.636282, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.018388, "energy": 15.667836, "activity_lines": [ 280.736033, 281.472957, 278.023636, 276.005662 ] }, { "date": "2025-02-14", "close": 270.513489, "volume": 239686, "typical_volume": 305570.3, "trend": 275.547385, "fair_value": 220.296479, "relative_strength": 0.597537, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.432283, "energy": 10.08741, "activity_lines": [ 277.811029, 279.206826, 277.786661, 275.661519 ] }, { "date": "2025-02-21", "close": 264.873108, "volume": 131736, "typical_volume": 296348.2, "trend": 275.058219, "fair_value": 220.925566, "relative_strength": -0.84624, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.463263, "energy": 12.603542, "activity_lines": [ 273.526674, 276.319027, 276.957957, 274.972856 ] }, { "date": "2025-02-28", "close": 224.8414, "volume": 197278, "typical_volume": 296392.6, "trend": 272.855312, "fair_value": 221.348581, "relative_strength": -13.014858, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.752, "energy": 55.354944, "activity_lines": [ 256.266123, 266.670489, 272.277371, 271.733061 ] }, { "date": "2025-03-07", "close": 239.641144, "volume": 177912, "typical_volume": 293284.0, "trend": 271.228921, "fair_value": 221.682521, "relative_strength": -8.941011, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.871705, "energy": 64.428082, "activity_lines": [ 247.978593, 260.618995, 269.145809, 269.590211 ] }, { "date": "2025-03-14", "close": 233.252045, "volume": 180638, "typical_volume": 272973.2, "trend": 269.360442, "fair_value": 221.995151, "relative_strength": -10.747991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.037053, "energy": 70.759478, "activity_lines": [ 239.973914, 254.11373, 265.531737, 267.14009 ] }, { "date": "2025-03-21", "close": 273.882721, "volume": 1087149, "typical_volume": 301501.45, "trend": 268.79058, "fair_value": 222.617033, "relative_strength": 0.39387, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.789419, "energy": 53.757559, "activity_lines": [ 249.060075, 256.100339, 265.877813, 267.43185 ] }, { "date": "2025-03-28", "close": 235.448303, "volume": 419459, "typical_volume": 304174.0, "trend": 267.298126, "fair_value": 222.964022, "relative_strength": -14.136308, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.489534, "energy": 37.097833, "activity_lines": [ 245.110148, 251.179644, 262.537203, 265.280736 ] }, { "date": "2025-04-04", "close": 226.403717, "volume": 280419, "typical_volume": 313360.35, "trend": 265.567412, "fair_value": 223.256834, "relative_strength": -14.811098, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.430667, "energy": 39.085626, "activity_lines": [ 240.107013, 245.249758, 258.53522, 262.642387 ] }, { "date": "2025-04-11", "close": 218.0979, "volume": 167822, "typical_volume": 316784.35, "trend": 263.84768, "fair_value": 223.407997, "relative_strength": -17.29392, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.789746, "energy": 41.144745, "activity_lines": [ 232.231118, 238.883074, 253.893425, 259.579838 ] }, { "date": "2025-04-18", "close": 225.06601, "volume": 95699, "typical_volume": 306521.6, "trend": 262.401813, "fair_value": 223.640743, "relative_strength": -17.83746, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.145264, "energy": 56.339752, "activity_lines": [ 228.114142, 234.832983, 250.081072, 257.077794 ] }, { "date": "2025-04-25", "close": 214.753601, "volume": 303385, "typical_volume": 306051.05, "trend": 260.924999, "fair_value": 223.899119, "relative_strength": -21.620596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.186865, "energy": 63.939589, "activity_lines": [ 221.105432, 230.024187, 245.572882, 254.003716 ] }, { "date": "2025-05-02", "close": 206.288055, "volume": 328758, "typical_volume": 313532.15, "trend": 259.247528, "fair_value": 224.117963, "relative_strength": -25.114624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.71913, "energy": 67.578656, "activity_lines": [ 215.216815, 224.690016, 240.629744, 250.478752 ] }, { "date": "2025-05-09", "close": 211.628937, "volume": 1251629, "typical_volume": 372084.9, "trend": 257.830446, "fair_value": 224.479097, "relative_strength": -21.592204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.588158, "energy": 58.675222, "activity_lines": [ 213.052509, 221.392097, 236.609841, 247.406585 ] }, { "date": "2025-05-16", "close": 246.579315, "volume": 280310, "typical_volume": 380513.0, "trend": 257.179889, "fair_value": 225.047954, "relative_strength": -11.850458, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.159885, "energy": 36.015008, "activity_lines": [ 223.523313, 224.689019, 236.218794, 246.680705 ] }, { "date": "2025-05-23", "close": 256.722015, "volume": 218383, "typical_volume": 344180.25, "trend": 257.328304, "fair_value": 225.682462, "relative_strength": -7.224582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.58854, "energy": 15.436224, "activity_lines": [ 235.476257, 229.70392, 236.946078, 246.651165 ] }, { "date": "2025-05-30", "close": 263.779968, "volume": 191609, "typical_volume": 345981.5, "trend": 257.175397, "fair_value": 226.359836, "relative_strength": -3.961073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.694925, "energy": 17.36066, "activity_lines": [ 247.671452, 235.575358, 238.523055, 247.067402 ] }, { "date": "2025-06-06", "close": 238.942337, "volume": 190877, "typical_volume": 343734.25, "trend": 255.891754, "fair_value": 226.923783, "relative_strength": -13.42684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.517549, "energy": 23.013439, "activity_lines": [ 248.319011, 237.11455, 237.803806, 245.891075 ] }, { "date": "2025-06-13", "close": 239.840805, "volume": 1911755, "typical_volume": 419223.7, "trend": 255.281129, "fair_value": 227.515196, "relative_strength": -11.602846, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.060842, "energy": 16.146825, "activity_lines": [ 247.089108, 238.753572, 237.319869, 244.85553 ] }, { "date": "2025-06-20", "close": 235.5, "volume": 125259, "typical_volume": 407149.25, "trend": 254.700513, "fair_value": 227.986414, "relative_strength": -14.009722, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.236396, "energy": 11.820041, "activity_lines": [ 242.531479, 239.359046, 236.639653, 243.579328 ] }, { "date": "2025-06-27", "close": 240.0, "volume": 182934, "typical_volume": 398134.85, "trend": 253.194232, "fair_value": 228.523235, "relative_strength": -13.663061, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.524613, "energy": 14.709375, "activity_lines": [ 240.21247, 240.466299, 236.580052, 242.630908 ] }, { "date": "2025-07-04", "close": 247.369995, "volume": 265877, "typical_volume": 399444.4, "trend": 251.682379, "fair_value": 229.050103, "relative_strength": -9.981866, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.579671, "energy": 10.767933, "activity_lines": [ 241.464928, 242.642025, 237.4436, 242.255151 ] }, { "date": "2025-07-11", "close": 243.050003, "volume": 142587, "typical_volume": 399986.95, "trend": 250.005729, "fair_value": 229.458471, "relative_strength": -10.141133, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.83596, "energy": 11.870221, "activity_lines": [ 242.371387, 243.439272, 238.005927, 241.698223 ] }, { "date": "2025-07-18", "close": 250.309998, "volume": 513476, "typical_volume": 415796.85, "trend": 249.19335, "fair_value": 229.915126, "relative_strength": -6.555634, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.362325, "energy": 7.696012, "activity_lines": [ 245.423999, 244.88812, 239.363601, 241.717854 ] }, { "date": "2025-07-25", "close": 247.059998, "volume": 499875, "typical_volume": 431895.0, "trend": 248.142859, "fair_value": 230.362558, "relative_strength": -7.062885, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.940212, "energy": 10.579901, "activity_lines": [ 246.695332, 245.042766, 240.290473, 241.580218 ] }, { "date": "2025-08-01", "close": 229.660004, "volume": 138681, "typical_volume": 429797.15, "trend": 245.998246, "fair_value": 230.724851, "relative_strength": -12.271309, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.219097, "energy": 12.76666, "activity_lines": [ 241.396, 242.025037, 239.524875, 240.387776 ] }, { "date": "2025-08-08", "close": 226.779999, "volume": 304493, "typical_volume": 390664.35, "trend": 244.280075, "fair_value": 231.036557, "relative_strength": -12.252644, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.722281, "energy": 19.396645, "activity_lines": [ 235.826, 238.975708, 238.502095, 239.147889 ] }, { "date": "2025-08-15", "close": 216.960007, "volume": 640229, "typical_volume": 401702.85, "trend": 242.499118, "fair_value": 231.297243, "relative_strength": -16.514596, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.863986, "energy": 43.017098, "activity_lines": [ 228.355336, 234.813652, 236.768377, 237.385304 ] }, { "date": "2025-08-22", "close": 231.529999, "volume": 351413, "typical_volume": 405252.55, "trend": 240.702185, "fair_value": 231.658323, "relative_strength": -11.373853, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.516184, "energy": 40.398763, "activity_lines": [ 227.480668, 233.700365, 236.510317, 236.677619 ] }, { "date": "2025-08-29", "close": 238.940002, "volume": 137306, "typical_volume": 403726.75, "trend": 239.472538, "fair_value": 232.099186, "relative_strength": -6.651768, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.281931, "energy": 32.768287, "activity_lines": [ 230.328002, 234.085456, 236.93356, 236.563929 ] }, { "date": "2025-09-05", "close": 239.440002, "volume": 191820, "typical_volume": 408532.8, "trend": 237.905163, "fair_value": 232.583808, "relative_strength": -7.385625, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.098617, "energy": 17.054339, "activity_lines": [ 233.883335, 234.498911, 237.305174, 236.56183 ] }, { "date": "2025-09-12", "close": 253.729996, "volume": 690120, "typical_volume": 427869.55, "trend": 237.345713, "fair_value": 233.158443, "relative_strength": -3.221049, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.560182, "energy": 24.055444, "activity_lines": [ 241.55, 237.520728, 238.969293, 237.582787 ] }, { "date": "2025-09-19", "close": 262.720001, "volume": 5744847, "typical_volume": 698674.0, "trend": 237.273943, "fair_value": 233.833803, "relative_strength": -0.628526, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 62.399206, "energy": 39.832826, "activity_lines": [ 250.416667, 242.061455, 241.304, 239.219838 ] }, { "date": "2025-09-26", "close": 236.740005, "volume": 453426, "typical_volume": 658763.85, "trend": 237.670563, "fair_value": 234.430411, "relative_strength": -7.963521, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.295875, "energy": 28.789119, "activity_lines": [ 247.572668, 241.520911, 240.895699, 239.185391 ] }, { "date": "2025-10-03", "close": 252.470001, "volume": 276335, "typical_volume": 658565.1, "trend": 238.098191, "fair_value": 235.029092, "relative_strength": -2.771789, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.944093, "energy": 40.034843, "activity_lines": [ 249.624668, 244.087092, 241.865916, 240.140193 ] }, { "date": "2025-10-10", "close": 252.919998, "volume": 284939, "typical_volume": 661892.9, "trend": 238.75379, "fair_value": 235.685525, "relative_strength": -4.073637, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.699891, "energy": 37.491185, "activity_lines": [ 250.924667, 246.636728, 242.850939, 241.096439 ] }, { "date": "2025-10-17", "close": 257.980011, "volume": 351323, "typical_volume": 669878.6, "trend": 238.223699, "fair_value": 236.333999, "relative_strength": -3.650624, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.758668, "energy": 28.409044, "activity_lines": [ 253.012671, 249.683457, 244.335973, 242.33684 ] }, { "date": "2025-10-24", "close": 255.729996, "volume": 446775, "typical_volume": 682673.5, "trend": 238.899756, "fair_value": 236.941174, "relative_strength": -4.71551, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.049869, "energy": 35.488623, "activity_lines": [ 254.067335, 251.75382, 245.634338, 243.466279 ] }, { "date": "2025-10-31", "close": 265.279999, "volume": 397410, "typical_volume": 606956.25, "trend": 240.195632, "fair_value": 237.619586, "relative_strength": -0.742812, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.943531, "energy": 44.025284, "activity_lines": [ 258.771334, 254.855637, 247.762287, 245.16823 ] }, { "date": "2025-11-07", "close": 265.200012, "volume": 136241, "typical_volume": 607505.35, "trend": 241.765702, "fair_value": 238.304482, "relative_strength": 0.32346, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.109921, "energy": 48.40487, "activity_lines": [ 261.546004, 257.329276, 249.761478, 246.781416 ] }, { "date": "2025-11-14", "close": 264.100006, "volume": 233174, "typical_volume": 610017.35, "trend": 243.066835, "fair_value": 238.979306, "relative_strength": -1.56158, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.454814, "energy": 46.447767, "activity_lines": [ 263.105339, 259.125458, 251.514479, 248.222338 ] }, { "date": "2025-11-21", "close": 247.899994, "volume": 132464, "typical_volume": 603346.7, "trend": 244.171715, "fair_value": 239.515296, "relative_strength": -7.977453, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.300383, "energy": 29.145617, "activity_lines": [ 258.519335, 257.52782, 251.609859, 248.534155 ] }, { "date": "2025-11-28", "close": 252.550003, "volume": 521483, "typical_volume": 622291.5, "trend": 245.71378, "fair_value": 240.069485, "relative_strength": -6.353699, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.876513, "energy": 18.608317, "activity_lines": [ 256.155335, 256.881639, 252.145573, 249.07469 ] }, { "date": "2025-12-05", "close": 241.100006, "volume": 3648834, "typical_volume": 779059.4, "trend": 246.696149, "fair_value": 240.590988, "relative_strength": -10.097094, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 20.190082, "energy": 12.825401, "activity_lines": [ 250.18667, 254.338548, 251.545574, 248.777027 ] }, { "date": "2025-12-12", "close": 251.949997, "volume": 227968, "typical_volume": 765464.05, "trend": 246.875172, "fair_value": 241.186019, "relative_strength": -5.161519, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.833066, "energy": 16.967005, "activity_lines": [ 249.446667, 253.688911, 252.022764, 249.115985 ] }, { "date": "2025-12-19", "close": 247.800003, "volume": 155009, "typical_volume": 766280.45, "trend": 246.577771, "fair_value": 241.766533, "relative_strength": -6.061981, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.725895, "energy": 14.835131, "activity_lines": [ 248.206668, 252.294184, 252.081431, 249.175651 ] }, { "date": "2025-12-26", "close": 244.0, "volume": 49612, "typical_volume": 753536.4, "trend": 245.918439, "fair_value": 242.305831, "relative_strength": -7.363713, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.484121, "energy": 10.790506, "activity_lines": [ 246.786668, 250.301638, 251.691811, 249.009343 ] }, { "date": "2026-01-02", "close": 247.860001, "volume": 135749, "typical_volume": 728312.4, "trend": 246.215695, "fair_value": 242.840292, "relative_strength": -6.41717, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.759416, "energy": 11.161069, "activity_lines": [ 246.913334, 249.265092, 251.587811, 249.134605 ] }, { "date": "2026-01-09", "close": 250.139999, "volume": 448159, "typical_volume": 733149.7, "trend": 246.559001, "fair_value": 243.426106, "relative_strength": -2.786102, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.556096, "energy": 8.251289, "activity_lines": [ 248.112667, 248.786183, 251.553811, 249.387786 ] }, { "date": "2026-01-16", "close": 246.25, "volume": 120954, "typical_volume": 732332.1, "trend": 246.917334, "fair_value": 243.998911, "relative_strength": -3.957577, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.50358, "energy": 7.427487, "activity_lines": [ 247.412667, 247.875273, 251.060716, 249.367851 ] }, { "date": "2026-01-23", "close": 250.0, "volume": 231899, "typical_volume": 734336.05, "trend": 247.250668, "fair_value": 244.619768, "relative_strength": 0.479372, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.726242, "energy": 9.105942, "activity_lines": [ 248.342667, 247.990728, 250.889954, 249.566733 ] }, { "date": "2026-01-30", "close": 239.929993, "volume": 96456, "typical_volume": 704652.85, "trend": 247.002668, "fair_value": 245.177664, "relative_strength": -4.18505, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.151823, "energy": 10.04593, "activity_lines": [ 245.769331, 246.531635, 249.709858, 249.094431 ] }, { "date": "2026-02-06", "close": 252.419998, "volume": 156940, "typical_volume": 425257.5, "trend": 247.315001, "fair_value": 245.807355, "relative_strength": -0.207749, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.407978, "energy": 11.71975, "activity_lines": [ 247.630664, 247.488362, 249.785, 249.443936 ] }, { "date": "2026-02-13", "close": 248.289993, "volume": 117781, "typical_volume": 408475.25, "trend": 247.247667, "fair_value": 246.398962, "relative_strength": -0.584589, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.79057, "energy": 9.631568, "activity_lines": [ 247.811329, 247.696543, 249.515856, 249.506839 ] }, { "date": "2026-02-20", "close": 242.919998, "volume": 26385, "typical_volume": 395977.75, "trend": 247.109667, "fair_value": 246.967596, "relative_strength": -2.711238, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.585466, "energy": 10.609, "activity_lines": [ 246.325329, 246.797634, 248.680285, 249.227634 ] }, { "date": "2026-02-27", "close": 239.009995, "volume": 51258, "typical_volume": 384293.7, "trend": 247.421334, "fair_value": 247.522776, "relative_strength": -2.65619, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.983543, "energy": 15.77082, "activity_lines": [ 243.757996, 245.351997, 247.517808, 248.705075 ] }, { "date": "2026-03-06", "close": 234.039993, "volume": 172759, "typical_volume": 375365.5, "trend": 247.663334, "fair_value": 248.018266, "relative_strength": -1.637054, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.727058, "energy": 32.7821, "activity_lines": [ 240.266662, 243.162541, 245.948236, 247.841762 ] }, { "date": "2026-03-13", "close": 211.059998, "volume": 149503, "typical_volume": 360501.9, "trend": 247.466667, "fair_value": 248.397936, "relative_strength": -6.07574, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.528226, "energy": 68.13018, "activity_lines": [ 229.507996, 236.975996, 242.304093, 245.480257 ] }, { "date": "2026-03-20", "close": 213.529999, "volume": 1099093, "typical_volume": 395586.05, "trend": 246.866667, "fair_value": 248.790578, "relative_strength": -4.353995, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.187314, "energy": 71.801733, "activity_lines": [ 222.329997, 231.907633, 239.107903, 243.290795 ] }, { "date": "2026-03-27", "close": 202.339996, "volume": 308813, "typical_volume": 404214.65, "trend": 245.646666, "fair_value": 249.133594, "relative_strength": -7.985467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.131884, "energy": 78.625103, "activity_lines": [ 213.73933, 225.47036, 235.092426, 240.418106 ] }, { "date": "2026-04-03", "close": 220.020004, "volume": 871218, "typical_volume": 436116.85, "trend": 244.999333, "fair_value": 249.56418, "relative_strength": 0.563395, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.029991, "energy": 70.538686, "activity_lines": [ 213.747333, 223.045998, 233.060093, 238.764773 ] }, { "date": "2026-04-10", "close": 218.820007, "volume": 328866, "typical_volume": 445936.95, "trend": 243.835667, "fair_value": 249.990096, "relative_strength": -5.461149, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.161036, "energy": 57.036667, "activity_lines": [ 214.621336, 220.948545, 231.12338, 237.075784 ] }, { "date": "2026-04-17", "close": 223.800003, "volume": 308547, "typical_volume": 435290.15, "trend": 242.538334, "fair_value": 250.454932, "relative_strength": -4.465348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.531352, "energy": 38.873686, "activity_lines": [ 218.170003, 220.140364, 229.799428, 235.783161 ] }, { "date": "2026-04-24", "close": 223.080002, "volume": 156708, "typical_volume": 260683.85, "trend": 242.083, "fair_value": 250.961908, "relative_strength": -3.035029, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.940662, "energy": 25.726737, "activity_lines": [ 220.629336, 219.721637, 228.543809, 234.527785 ] }, { "date": "2026-05-01", "close": 225.531357, "volume": 234800, "typical_volume": 261025.45, "trend": 241.185045, "fair_value": 251.470762, "relative_strength": -2.556473, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.895316, "energy": 21.009866, "activity_lines": [ 223.269121, 220.206975, 227.607462, 233.459937 ] }, { "date": "2026-05-08", "close": 225.072052, "volume": 632695, "typical_volume": 284909.75, "trend": 240.25678, "fair_value": 251.911309, "relative_strength": -3.56844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.553827, "energy": 17.760397, "activity_lines": [ 224.209714, 220.92496, 226.753175, 232.420389 ] }, { "date": "2026-05-15", "close": 232.840042, "volume": 3504581, "typical_volume": 457658.2, "trend": 239.418782, "fair_value": 252.431868, "relative_strength": 2.008671, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.209614, "energy": 15.859988, "activity_lines": [ 227.402833, 223.308724, 226.746925, 231.941889 ] }, { "date": "2026-05-22", "close": 236.863831, "volume": 591267, "typical_volume": 480434.1, "trend": 238.789909, "fair_value": 252.952934, "relative_strength": 3.510704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.339352, "energy": 13.172437, "activity_lines": [ 231.002546, 226.445903, 227.177035, 231.777054 ] }, { "date": "2026-05-29", "close": 228.037476, "volume": 7548472, "typical_volume": 835449.75, "trend": 237.548492, "fair_value": 253.249959, "relative_strength": 0.574696, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.320434, "energy": 10.184471, "activity_lines": [ 230.789219, 227.50913, 226.818903, 231.083349 ] }, { "date": "2026-06-05", "close": 234.856934, "volume": 97153, "typical_volume": 834259.7, "trend": 236.537056, "fair_value": 253.243055, "relative_strength": 4.281991, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.12115, "energy": 10.122245, "activity_lines": [ 232.518547, 229.548485, 227.215493, 230.9097 ] }, { "date": "2026-06-12", "close": 252.000427, "volume": 344947, "typical_volume": 839912.1, "trend": 236.133737, "fair_value": 253.454027, "relative_strength": 10.467911, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.951508, "energy": 23.025846, "activity_lines": [ 239.340667, 234.113623, 229.29905, 231.907336 ] }, { "date": "2026-06-19", "close": 251.860641, "volume": 123223, "typical_volume": 841250.45, "trend": 236.265758, "fair_value": 253.66633, "relative_strength": 8.372896, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.147719, "energy": 39.74479, "activity_lines": [ 244.320967, 238.071883, 231.359767, 232.921975 ] }, { "date": "2026-06-26", "close": 260.26767, "volume": 0, "typical_volume": 833403.45, "trend": 236.523014, "fair_value": 253.893785, "relative_strength": 11.467684, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.321335, "energy": 53.808286, "activity_lines": [ 250.835569, 242.957954, 234.164342, 234.470486 ] }, { "date": "2026-07-03", "close": 267.049988, "volume": 119072, "typical_volume": 833468.0, "trend": 237.388013, "fair_value": 254.141102, "relative_strength": 13.071593, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.660628, "energy": 65.537038, "activity_lines": [ 258.050689, 248.414126, 237.577482, 236.439968 ] }, { "date": "2026-07-10", "close": 257.850006, "volume": 359073, "typical_volume": 850102.4, "trend": 237.58468, "fair_value": 254.233554, "relative_strength": 9.251365, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 62.491875, "energy": 67.663079, "activity_lines": [ 259.598313, 251.398119, 240.025099, 237.760097 ] }, { "date": "2026-07-17", "close": 249.350006, "volume": 396875, "typical_volume": 867383.25, "trend": 237.636347, "fair_value": 254.320182, "relative_strength": 5.050829, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.854471, "energy": 54.970038, "activity_lines": [ 256.779733, 252.249046, 241.592098, 238.51915 ] }, { "date": "2026-07-24", "close": 256.0, "volume": 824316, "typical_volume": 899961.1, "trend": 238.036347, "fair_value": 254.433483, "relative_strength": 10.245683, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.167538, "energy": 37.811478, "activity_lines": [ 256.354513, 253.867646, 243.743191, 239.703902 ] }, { "date": "2026-07-31", "close": 252.0, "volume": 323598, "typical_volume": 908665.85, "trend": 238.174347, "fair_value": 254.616555, "relative_strength": 5.575944, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.868823, "energy": 25.550615, "activity_lines": [ 254.320001, 254.337883, 245.40876, 240.604783 ] }, { "date": "2026-08-07", "close": 273.700012, "volume": 1430820, "typical_volume": 925252.2, "trend": 238.959681, "fair_value": 254.934583, "relative_strength": 13.386409, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.502917, "energy": 37.23728, "activity_lines": [ 260.070005, 258.478373, 248.946045, 242.896761 ] } ], "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." } } }