{ "ticker": { "uuid": "650b3a32-6d6d-4d77-a71a-5ed7381d09df", "symbol": "WELINV", "name": "Welspun Investments and Commercials 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 60.843, "architecture_energy": 47.193, "architecture_maturity": 63.39, "architecture_confidence": 93.752, "architecture_tenure": "Established", "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": 15.13, "rotation_up": 53.94, "upward_expansion": 82.65, "deceleration": 60.82, "rotation_down": 25.4, "downward_expansion": 6.98 }, "activity_lines": [ 1861.133333, 1836.52909, 1776.555241, 1672.810541 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 1851.0, "trend_reference": 1538.520003, "distance_from_trend": 0.203104, "trend_direction": "Improving", "fair_value": 995.033975, "distance_from_fair_value": 0.860238, "fair_value_direction": "Weakening", "relative_strength": 34.867274, "relative_strength_direction": "Weakening", "price_momentum": 0.425381, "excess_performance": 0.46909, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.203104, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.133571, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.860238, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.015925, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.348673, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.078767, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.425381, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.443781, "read": "Demand-led" } ], "volume": { "latest": 398, "relative_activity": 0.170874, "balance": 3.443781, "dry_up": 0.304718, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.079495, "annualized_volatility": 0.248054, "from_high_reference": -0.065152, "from_low_reference": 1.139884 }, "levels": { "trend_reference": 1538.520003, "fair_value_reference": 995.033975, "structural_low": 1165.099976, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": 0.02078, "positive_rate": 0.607143, "directional_follow_through": 0.607143, "median_excess_return": 0.008669, "regime_survival": 0.821429, "best_return": 0.244251, "worst_return": -0.236903, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.065246, "positive_rate": 0.7, "directional_follow_through": 0.7, "median_excess_return": 0.031058, "regime_survival": 0.5, "best_return": 0.428571, "worst_return": -0.285277, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.170299, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": 0.160172, "regime_survival": 0.5, "best_return": 0.937118, "worst_return": -0.297, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.493282, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.498811, "regime_survival": 0.5, "best_return": 1.194755, "worst_return": -0.417512, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-04-28", "end": "2023-05-05", "tenure": "New", "return": 0.061232, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-05-12", "end": "2023-05-26", "tenure": "New", "return": 0.001116, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-06-02", "end": "2024-05-17", "tenure": "Extended", "return": 1.143496, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-24", "end": "2024-07-05", "tenure": "Developing", "return": 0.066501, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-12", "end": "2024-10-11", "tenure": "Established", "return": 0.220909, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-18", "end": "2025-01-24", "tenure": "Established", "return": -0.201527, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-31", "end": "2025-04-04", "tenure": "Developing", "return": 0.040594, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-05-30", "tenure": "Developing", "return": 0.189708, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-06-13", "tenure": "New", "return": -0.054355, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-08-01", "tenure": "Developing", "return": -0.060876, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-08", "end": "2025-10-17", "tenure": "Developing", "return": 0.096143, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-24", "end": "2026-01-16", "tenure": "Established", "return": 0.045672, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-23", "end": "2026-04-24", "tenure": "Established", "return": 0.172729, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.241782, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 433.0, "volume": 5050, "typical_volume": 13104.85, "trend": 320.919998, "fair_value": 319.926601, "relative_strength": 32.915812, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.27132, "energy": 54.367793, "activity_lines": [ 403.166667, 391.650908, 370.332617, 348.175482 ] }, { "date": "2023-08-25", "close": 427.5, "volume": 2007, "typical_volume": 12949.25, "trend": 325.973332, "fair_value": 320.980447, "relative_strength": 30.593826, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.46121, "energy": 67.242545, "activity_lines": [ 414.383333, 399.630908, 378.025951, 355.051611 ] }, { "date": "2023-09-01", "close": 455.0, "volume": 3706, "typical_volume": 13071.2, "trend": 332.096665, "fair_value": 322.379165, "relative_strength": 36.586223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.190163, "energy": 73.696857, "activity_lines": [ 431.6, 411.466363, 387.665713, 363.375913 ] }, { "date": "2023-09-08", "close": 490.0, "volume": 2424, "typical_volume": 13126.85, "trend": 339.536666, "fair_value": 323.984294, "relative_strength": 42.745725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.214438, "energy": 88.762723, "activity_lines": [ 454.233333, 428.356363, 399.80476, 373.563224 ] }, { "date": "2023-09-15", "close": 503.549988, "volume": 4238, "typical_volume": 13162.1, "trend": 347.256665, "fair_value": 325.702563, "relative_strength": 42.783259, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.988628, "energy": 91.605789, "activity_lines": [ 475.383329, 445.346361, 412.210236, 384.144729 ] }, { "date": "2023-09-22", "close": 487.0, "volume": 1893, "typical_volume": 13072.25, "trend": 354.818332, "fair_value": 327.297755, "relative_strength": 40.485077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.363218, "energy": 85.907582, "activity_lines": [ 483.779997, 456.717271, 422.002617, 393.160428 ] }, { "date": "2023-09-29", "close": 510.0, "volume": 2144, "typical_volume": 11372.95, "trend": 362.999999, "fair_value": 328.932691, "relative_strength": 45.958411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.176549, "energy": 86.761478, "activity_lines": [ 496.243331, 470.675453, 433.110712, 403.172149 ] }, { "date": "2023-10-06", "close": 490.100006, "volume": 818, "typical_volume": 10665.7, "trend": 370.204999, "fair_value": 330.470512, "relative_strength": 38.954428, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.222623, "energy": 64.042417, "activity_lines": [ 496.573334, 478.651818, 441.38857, 411.372149 ] }, { "date": "2023-10-13", "close": 600.349976, "volume": 55158, "typical_volume": 13239.25, "trend": 381.218331, "fair_value": 332.706409, "relative_strength": 66.916666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.788849, "energy": 71.986973, "activity_lines": [ 531.313326, 504.330904, 459.30214, 426.220212 ] }, { "date": "2023-10-20", "close": 605.950012, "volume": 5073, "typical_volume": 13093.15, "trend": 392.391665, "fair_value": 334.975319, "relative_strength": 67.5647, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.995062, "energy": 80.035449, "activity_lines": [ 560.563332, 527.385453, 476.385474, 440.71903 ] }, { "date": "2023-10-27", "close": 655.25, "volume": 79691, "typical_volume": 11131.35, "trend": 405.303332, "fair_value": 337.508973, "relative_strength": 82.400068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.98756, "energy": 82.581225, "activity_lines": [ 599.419999, 555.56818, 496.876427, 457.677633 ] }, { "date": "2023-11-03", "close": 635.950012, "volume": 20182, "typical_volume": 11935.8, "trend": 416.959999, "fair_value": 339.899999, "relative_strength": 72.262768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.4954, "energy": 81.800056, "activity_lines": [ 620.62667, 576.20091, 514.296428, 472.558064 ] }, { "date": "2023-11-10", "close": 654.0, "volume": 4974, "typical_volume": 11626.95, "trend": 429.431665, "fair_value": 342.256729, "relative_strength": 72.211174, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.722124, "energy": 76.723629, "activity_lines": [ 639.453337, 596.325456, 532.143095, 487.850967 ] }, { "date": "2023-11-17", "close": 625.349976, "volume": 2245, "typical_volume": 11651.7, "trend": 441.111664, "fair_value": 344.403204, "relative_strength": 59.452762, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.623882, "energy": 63.852981, "activity_lines": [ 637.803329, 607.622724, 545.970712, 500.490858 ] }, { "date": "2023-11-24", "close": 620.0, "volume": 4034, "typical_volume": 11707.5, "trend": 452.251664, "fair_value": 346.470511, "relative_strength": 55.482855, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.377275, "energy": 56.722861, "activity_lines": [ 632.703329, 615.486361, 558.025236, 512.032041 ] }, { "date": "2023-12-01", "close": 650.0, "volume": 1735, "typical_volume": 10864.45, "trend": 463.808331, "fair_value": 348.727563, "relative_strength": 56.897685, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.108242, "energy": 54.99756, "activity_lines": [ 636.666663, 626.68727, 571.698808, 524.789998 ] }, { "date": "2023-12-08", "close": 655.0, "volume": 4198, "typical_volume": 10780.35, "trend": 475.186665, "fair_value": 349.762819, "relative_strength": 50.684245, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.216363, "energy": 50.793313, "activity_lines": [ 642.646663, 635.833634, 584.65476, 537.124944 ] }, { "date": "2023-12-15", "close": 633.299988, "volume": 1447, "typical_volume": 10756.35, "trend": 486.009998, "fair_value": 351.391665, "relative_strength": 40.629305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.394013, "energy": 45.671914, "activity_lines": [ 640.123328, 638.398178, 594.234521, 547.325804 ] }, { "date": "2023-12-22", "close": 630.099976, "volume": 3661, "typical_volume": 10571.75, "trend": 496.546663, "fair_value": 353.149998, "relative_strength": 38.757756, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.476705, "energy": 41.532067, "activity_lines": [ 637.913322, 637.777265, 602.214043, 556.621932 ] }, { "date": "2023-12-29", "close": 622.599976, "volume": 1649, "typical_volume": 10316.35, "trend": 506.114996, "fair_value": 354.799357, "relative_strength": 33.113572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.849376, "energy": 33.111776, "activity_lines": [ 632.88665, 635.251807, 608.383565, 564.754403 ] }, { "date": "2024-01-05", "close": 659.0, "volume": 4233, "typical_volume": 10275.5, "trend": 514.869996, "fair_value": 356.636537, "relative_strength": 39.338166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.810883, "energy": 35.589199, "activity_lines": [ 639.819987, 639.041808, 616.935946, 574.617952 ] }, { "date": "2024-01-12", "close": 642.849976, "volume": 871, "typical_volume": 10218.7, "trend": 524.146662, "fair_value": 358.45128, "relative_strength": 33.243454, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.18103, "energy": 33.904104, "activity_lines": [ 640.769983, 639.82726, 622.874039, 582.874725 ] }, { "date": "2024-01-19", "close": 680.0, "volume": 2685, "typical_volume": 10167.65, "trend": 534.046662, "fair_value": 360.511216, "relative_strength": 40.773279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.045525, "energy": 39.35184, "activity_lines": [ 654.913322, 647.241807, 631.324754, 592.929779 ] }, { "date": "2024-01-26", "close": 699.5, "volume": 881, "typical_volume": 10090.5, "trend": 545.363329, "fair_value": 362.709614, "relative_strength": 44.514249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.827313, "energy": 49.407382, "activity_lines": [ 672.443327, 657.729082, 640.561183, 603.604188 ] }, { "date": "2024-02-02", "close": 708.549988, "volume": 2615, "typical_volume": 10009.35, "trend": 556.981662, "fair_value": 364.939421, "relative_strength": 40.966615, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.745292, "energy": 62.774555, "activity_lines": [ 688.363326, 668.513627, 649.661897, 614.132359 ] }, { "date": "2024-02-09", "close": 767.900024, "volume": 13603, "typical_volume": 10594.85, "trend": 569.26833, "fair_value": 367.535254, "relative_strength": 50.714829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.690476, "energy": 72.445368, "activity_lines": [ 718.33667, 688.479087, 663.438804, 627.739996 ] }, { "date": "2024-02-16", "close": 768.900024, "volume": 4052, "typical_volume": 10690.25, "trend": 582.231664, "fair_value": 370.162498, "relative_strength": 46.762545, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.657928, "energy": 72.791793, "activity_lines": [ 741.383345, 706.482729, 675.973331, 640.61946 ] }, { "date": "2024-02-23", "close": 770.0, "volume": 5229, "typical_volume": 10910.8, "trend": 595.856664, "fair_value": 372.747434, "relative_strength": 43.538597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.56381, "energy": 68.782724, "activity_lines": [ 756.393343, 722.615457, 687.37976, 652.733546 ] }, { "date": "2024-03-01", "close": 719.599976, "volume": 8500, "typical_volume": 8577.9, "trend": 606.509997, "fair_value": 375.05128, "relative_strength": 31.586564, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.713832, "energy": 48.783565, "activity_lines": [ 748.603333, 727.09909, 692.653329, 660.716985 ] }, { "date": "2024-03-08", "close": 873.75, "volume": 71944, "typical_volume": 11921.45, "trend": 622.46833, "fair_value": 378.297114, "relative_strength": 55.845505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.543091, "energy": 56.79304, "activity_lines": [ 790.856665, 757.982727, 712.039996, 677.958276 ] }, { "date": "2024-03-15", "close": 729.049988, "volume": 7930, "typical_volume": 8333.4, "trend": 632.336663, "fair_value": 380.552562, "relative_strength": 31.061435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.877307, "energy": 39.94666, "activity_lines": [ 773.863326, 757.990907, 716.370472, 684.834512 ] }, { "date": "2024-03-22", "close": 791.75, "volume": 6964, "typical_volume": 7672.5, "trend": 644.47833, "fair_value": 382.958331, "relative_strength": 39.747869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.643264, "energy": 38.685149, "activity_lines": [ 780.359994, 768.125453, 726.320948, 695.119243 ] }, { "date": "2024-03-29", "close": 712.849976, "volume": 4199, "typical_volume": 7633.75, "trend": 653.073329, "fair_value": 385.004485, "relative_strength": 23.002794, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.290937, "energy": 28.374645, "activity_lines": [ 759.033321, 761.207267, 728.015232, 699.530317 ] }, { "date": "2024-04-05", "close": 781.5, "volume": 4078, "typical_volume": 7725.4, "trend": 662.789995, "fair_value": 387.4891, "relative_strength": 31.926516, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.249075, "energy": 21.997996, "activity_lines": [ 764.399992, 766.173631, 735.967376, 707.815909 ] }, { "date": "2024-04-12", "close": 795.450012, "volume": 2072, "typical_volume": 7627.3, "trend": 672.519996, "fair_value": 389.878844, "relative_strength": 32.349032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.03572, "energy": 25.430087, "activity_lines": [ 770.289998, 772.185451, 744.50452, 716.37462 ] }, { "date": "2024-04-19", "close": 795.25, "volume": 3277, "typical_volume": 7704.4, "trend": 682.794996, "fair_value": 392.515703, "relative_strength": 32.600414, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.716411, "energy": 27.404075, "activity_lines": [ 781.333333, 776.580906, 752.18714, 724.292685 ] }, { "date": "2024-04-26", "close": 797.900024, "volume": 2985, "typical_volume": 7643.75, "trend": 692.391664, "fair_value": 395.064101, "relative_strength": 29.603142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.294792, "energy": 31.09335, "activity_lines": [ 788.846675, 780.960911, 759.430476, 731.718815 ] }, { "date": "2024-05-03", "close": 775.0, "volume": 2875, "typical_volume": 7715.15, "trend": 701.88833, "fair_value": 397.523075, "relative_strength": 24.033279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.65817, "energy": 27.807137, "activity_lines": [ 788.316675, 780.650002, 763.812381, 737.048385 ] }, { "date": "2024-05-10", "close": 745.25, "volume": 2112, "typical_volume": 7637.7, "trend": 706.718331, "fair_value": 399.755767, "relative_strength": 20.161628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.852948, "energy": 19.879083, "activity_lines": [ 773.726672, 774.839094, 764.686191, 739.845913 ] }, { "date": "2024-05-17", "close": 719.25, "volume": 3745, "typical_volume": 7742.5, "trend": 710.494997, "fair_value": 401.829806, "relative_strength": 12.687686, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.24594, "energy": 11.960216, "activity_lines": [ 752.88667, 763.834548, 762.535477, 740.654407 ] }, { "date": "2024-05-24", "close": 743.599976, "volume": 6682, "typical_volume": 7864.95, "trend": 713.439996, "fair_value": 404.049677, "relative_strength": 12.833449, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.559627, "energy": 11.5806, "activity_lines": [ 745.243327, 760.066362, 762.24357, 742.790212 ] }, { "date": "2024-05-31", "close": 736.450012, "volume": 4944, "typical_volume": 8068.6, "trend": 716.789996, "fair_value": 406.145831, "relative_strength": 12.761871, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.372386, "energy": 11.859038, "activity_lines": [ 738.659998, 754.733637, 760.867857, 744.27473 ] }, { "date": "2024-06-07", "close": 738.049988, "volume": 3750, "typical_volume": 8121.85, "trend": 719.591663, "fair_value": 408.285254, "relative_strength": 8.577208, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.946075, "energy": 11.465073, "activity_lines": [ 736.706661, 750.697271, 759.198808, 745.646342 ] }, { "date": "2024-06-14", "close": 757.400024, "volume": 3688, "typical_volume": 8262.2, "trend": 723.993331, "fair_value": 410.592947, "relative_strength": 9.657756, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.796221, "energy": 8.160928, "activity_lines": [ 743.666671, 749.720912, 759.096191, 748.085591 ] }, { "date": "2024-06-21", "close": 759.549988, "volume": 1631, "typical_volume": 8213.0, "trend": 728.644997, "fair_value": 412.368267, "relative_strength": 8.962826, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.681539, "energy": 9.876373, "activity_lines": [ 750.533333, 749.573636, 758.922619, 750.379569 ] }, { "date": "2024-06-28", "close": 798.099976, "volume": 4324, "typical_volume": 7749.05, "trend": 733.581663, "fair_value": 414.204485, "relative_strength": 11.021388, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.378692, "energy": 20.547033, "activity_lines": [ 767.563326, 757.088177, 762.177616, 754.860535 ] }, { "date": "2024-07-05", "close": 793.049988, "volume": 2786, "typical_volume": 7685.75, "trend": 738.183329, "fair_value": 416.253523, "relative_strength": 7.928908, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.210472, "energy": 27.386897, "activity_lines": [ 779.276656, 763.632721, 764.807854, 758.697201 ] }, { "date": "2024-07-12", "close": 807.799988, "volume": 3352, "typical_volume": 7591.9, "trend": 743.999996, "fair_value": 418.406087, "relative_strength": 8.270649, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.125444, "energy": 42.775515, "activity_lines": [ 792.133321, 772.947265, 768.727853, 763.188599 ] }, { "date": "2024-07-19", "close": 781.049988, "volume": 1221, "typical_volume": 7227.95, "trend": 749.031663, "fair_value": 420.539741, "relative_strength": 3.737511, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.610599, "energy": 41.725625, "activity_lines": [ 791.42332, 776.801809, 769.920233, 765.578921 ] }, { "date": "2024-07-26", "close": 798.599976, "volume": 2908, "typical_volume": 3776.15, "trend": 754.89833, "fair_value": 423.18269, "relative_strength": 3.874202, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.974058, "energy": 39.487726, "activity_lines": [ 794.98665, 783.196351, 772.491421, 768.776876 ] }, { "date": "2024-08-02", "close": 845.400024, "volume": 4181, "typical_volume": 3588.7, "trend": 761.111664, "fair_value": 426.286216, "relative_strength": 9.549846, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.740119, "energy": 47.437756, "activity_lines": [ 811.546663, 796.657267, 779.877615, 774.615695 ] }, { "date": "2024-08-09", "close": 834.0, "volume": 2461, "typical_volume": 3363.55, "trend": 767.483331, "fair_value": 429.443267, "relative_strength": 8.695478, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.394707, "energy": 43.623635, "activity_lines": [ 821.153333, 806.19454, 785.624044, 779.318169 ] }, { "date": "2024-08-16", "close": 916.150024, "volume": 5915, "typical_volume": 3449.35, "trend": 775.354999, "fair_value": 433.160254, "relative_strength": 17.487554, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.893144, "energy": 67.405483, "activity_lines": [ 855.413342, 828.894546, 798.993094, 788.909568 ] }, { "date": "2024-08-23", "close": 929.150024, "volume": 4231, "typical_volume": 3457.0, "trend": 783.01, "fair_value": 436.939742, "relative_strength": 16.724333, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.782809, "energy": 75.82636, "activity_lines": [ 886.783349, 850.720005, 812.632144, 798.831828 ] }, { "date": "2024-08-30", "close": 1049.75, "volume": 41766, "typical_volume": 5441.7, "trend": 794.383333, "fair_value": 441.582049, "relative_strength": 28.31831, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.733922, "energy": 86.53362, "activity_lines": [ 948.480013, 891.350005, 837.05381, 816.04086 ] }, { "date": "2024-09-06", "close": 1035.050049, "volume": 9887, "typical_volume": 5772.2, "trend": 803.288334, "fair_value": 446.112819, "relative_strength": 27.197927, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.639923, "energy": 87.223715, "activity_lines": [ 988.533358, 924.030924, 858.864529, 831.567745 ] }, { "date": "2024-09-13", "close": 1036.550049, "volume": 2181, "typical_volume": 5732.0, "trend": 812.210002, "fair_value": 450.627883, "relative_strength": 23.690496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.94999, "energy": 85.962411, "activity_lines": [ 1016.443368, 952.676386, 879.6762, 846.616888 ] }, { "date": "2024-09-20", "close": 959.049988, "volume": 2738, "typical_volume": 5725.15, "trend": 818.511668, "fair_value": 454.658011, "relative_strength": 11.706605, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.859924, "energy": 74.358329, "activity_lines": [ 1005.016687, 962.803654, 891.970485, 856.090435 ] }, { "date": "2024-09-27", "close": 982.200012, "volume": 1988, "typical_volume": 5718.95, "trend": 827.265002, "fair_value": 458.873396, "relative_strength": 11.960474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.28769, "energy": 52.370823, "activity_lines": [ 998.446684, 974.390018, 905.593104, 866.650974 ] }, { "date": "2024-10-04", "close": 983.200012, "volume": 7469, "typical_volume": 5905.15, "trend": 830.913336, "fair_value": 463.00705, "relative_strength": 16.33197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.676387, "energy": 43.090974, "activity_lines": [ 988.673348, 982.500927, 918.182629, 876.711297 ] }, { "date": "2024-10-11", "close": 986.25, "volume": 3255, "typical_volume": 5733.8, "trend": 839.48667, "fair_value": 467.206088, "relative_strength": 16.324987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.166316, "energy": 32.131118, "activity_lines": [ 984.353341, 987.810014, 929.805724, 886.733017 ] }, { "date": "2024-10-18", "close": 930.150024, "volume": 3855, "typical_volume": 5679.35, "trend": 844.100004, "fair_value": 471.076922, "relative_strength": 9.795598, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.735456, "energy": 26.471202, "activity_lines": [ 964.586678, 980.358197, 934.930488, 892.582266 ] }, { "date": "2024-10-25", "close": 895.25, "volume": 18002, "typical_volume": 6391.95, "trend": 850.180005, "fair_value": 474.811537, "relative_strength": 8.457805, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.288764, "energy": 17.507684, "activity_lines": [ 940.280009, 964.81274, 935.809058, 895.882266 ] }, { "date": "2024-11-01", "close": 956.700012, "volume": 2414, "typical_volume": 6328.25, "trend": 856.020005, "fair_value": 478.976922, "relative_strength": 14.90577, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.77943, "energy": 16.885013, "activity_lines": [ 940.71001, 960.820012, 941.79144, 902.754524 ] }, { "date": "2024-11-08", "close": 1014.599976, "volume": 8029, "typical_volume": 6648.15, "trend": 863.325004, "fair_value": 483.59423, "relative_strength": 22.075816, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.690071, "energy": 19.774699, "activity_lines": [ 962.139998, 966.853641, 952.339056, 912.98549 ] }, { "date": "2024-11-15", "close": 875.349976, "volume": 7377, "typical_volume": 6800.8, "trend": 865.995003, "fair_value": 487.379486, "relative_strength": 7.74467, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.392644, "energy": 7.830418, "activity_lines": [ 935.05999, 948.20818, 948.410244, 913.761295 ] }, { "date": "2024-11-22", "close": 902.549988, "volume": 3441, "typical_volume": 6833.55, "trend": 869.483335, "fair_value": 491.33205, "relative_strength": 8.961872, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.992078, "energy": 7.367815, "activity_lines": [ 924.439986, 937.411813, 946.704052, 916.119681 ] }, { "date": "2024-11-29", "close": 908.150024, "volume": 3282, "typical_volume": 6830.05, "trend": 873.92167, "fair_value": 495.368268, "relative_strength": 8.286506, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.395304, "energy": 7.963282, "activity_lines": [ 917.526664, 930.07, 945.009768, 918.614306 ] }, { "date": "2024-12-06", "close": 934.099976, "volume": 45657, "typical_volume": 9051.85, "trend": 880.216669, "fair_value": 499.448396, "relative_strength": 8.516006, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.23815, "energy": 11.107567, "activity_lines": [ 918.403325, 928.371813, 945.30905, 922.496777 ] }, { "date": "2024-12-13", "close": 917.450012, "volume": 12328, "typical_volume": 9522.85, "trend": 886.823336, "fair_value": 503.541345, "relative_strength": 5.753521, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.032252, "energy": 8.687459, "activity_lines": [ 915.236666, 924.520906, 943.293813, 924.898928 ] }, { "date": "2024-12-20", "close": 925.099976, "volume": 7589, "typical_volume": 9693.25, "trend": 892.873336, "fair_value": 507.753204, "relative_strength": 11.37998, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.765717, "energy": 6.392172, "activity_lines": [ 921.096659, 923.256357, 941.441191, 927.368389 ] }, { "date": "2024-12-27", "close": 914.299988, "volume": 1994, "typical_volume": 9669.9, "trend": 898.801668, "fair_value": 511.83846, "relative_strength": 8.458245, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.675312, "energy": 5.333917, "activity_lines": [ 920.03999, 921.139991, 938.180475, 928.750754 ] }, { "date": "2025-01-03", "close": 924.799988, "volume": 5218, "typical_volume": 9635.05, "trend": 905.026668, "fair_value": 515.633332, "relative_strength": 8.348311, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.286793, "energy": 9.320168, "activity_lines": [ 921.699988, 921.2209, 935.537378, 930.428065 ] }, { "date": "2025-01-10", "close": 891.049988, "volume": 6343, "typical_volume": 9740.65, "trend": 909.481667, "fair_value": 519.202242, "relative_strength": 6.449246, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.399963, "energy": 5.708026, "activity_lines": [ 910.999988, 914.628172, 929.638805, 929.526343 ] }, { "date": "2025-01-17", "close": 779.200012, "volume": 25610, "typical_volume": 8932.85, "trend": 910.136668, "fair_value": 522.158011, "relative_strength": -6.104803, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.287451, "energy": 37.825871, "activity_lines": [ 865.886662, 888.892721, 913.269282, 921.121075 ] }, { "date": "2025-01-24", "close": 742.700012, "volume": 14511, "typical_volume": 9164.05, "trend": 908.290002, "fair_value": 524.896152, "relative_strength": -10.044051, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -45.330527, "energy": 55.556874, "activity_lines": [ 817.823336, 860.800907, 894.711902, 910.31871 ] }, { "date": "2025-01-31", "close": 774.75, "volume": 11335, "typical_volume": 9621.75, "trend": 907.680003, "fair_value": 527.883011, "relative_strength": -7.849959, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.621882, "energy": 67.39078, "activity_lines": [ 792.603337, 840.94818, 880.599045, 901.703226 ] }, { "date": "2025-02-07", "close": 930.599976, "volume": 7700, "typical_volume": 9869.85, "trend": 911.773336, "fair_value": 531.906088, "relative_strength": 10.193315, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.096536, "energy": 51.644494, "activity_lines": [ 828.636662, 851.755449, 882.575709, 903.181934 ] }, { "date": "2025-02-14", "close": 753.599976, "volume": 7536, "typical_volume": 10147.25, "trend": 910.858335, "fair_value": 534.859934, "relative_strength": -8.211496, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.641776, "energy": 51.528382, "activity_lines": [ 805.283321, 829.972719, 867.830707, 892.977201 ] }, { "date": "2025-02-21", "close": 649.700012, "volume": 6814, "typical_volume": 10114.5, "trend": 905.895003, "fair_value": 537.246793, "relative_strength": -20.13922, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.67161, "energy": 52.793808, "activity_lines": [ 756.459994, 792.580904, 844.279042, 876.128277 ] }, { "date": "2025-02-28", "close": 663.549988, "volume": 15015, "typical_volume": 10702.5, "trend": 899.833335, "fair_value": 539.81346, "relative_strength": -15.861661, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.150714, "energy": 55.3338, "activity_lines": [ 720.886658, 762.575448, 823.634518, 860.493115 ] }, { "date": "2025-03-07", "close": 704.400024, "volume": 76942, "typical_volume": 14356.85, "trend": 895.513336, "fair_value": 542.571152, "relative_strength": -12.014883, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.063268, "energy": 66.375975, "activity_lines": [ 704.206669, 744.752727, 808.417139, 847.884514 ] }, { "date": "2025-03-14", "close": 819.150024, "volume": 58070, "typical_volume": 16360.25, "trend": 892.280003, "fair_value": 545.946153, "relative_strength": 2.834442, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.506263, "energy": 49.050349, "activity_lines": [ 730.466679, 751.610004, 805.203333, 842.957849 ] }, { "date": "2025-03-21", "close": 826.0, "volume": 13776, "typical_volume": 16928.35, "trend": 888.841669, "fair_value": 549.461858, "relative_strength": -0.514018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.333224, "energy": 25.948542, "activity_lines": [ 766.44001, 761.63364, 803.004285, 838.68172 ] }, { "date": "2025-03-28", "close": 825.450012, "volume": 11340, "typical_volume": 17093.9, "trend": 881.365002, "fair_value": 552.917307, "relative_strength": -1.463307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.022826, "energy": 18.001765, "activity_lines": [ 797.403345, 772.740006, 801.375239, 834.591935 ] }, { "date": "2025-04-04", "close": 806.200012, "volume": 18547, "typical_volume": 17652.4, "trend": 873.736668, "fair_value": 556.120191, "relative_strength": -1.203521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.906965, "energy": 19.754412, "activity_lines": [ 810.233345, 779.505462, 798.813574, 829.742581 ] }, { "date": "2025-04-11", "close": 781.200012, "volume": 2889, "typical_volume": 17624.8, "trend": 865.225, "fair_value": 559.197755, "relative_strength": -3.891685, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.175892, "energy": 16.346253, "activity_lines": [ 805.220011, 780.570918, 794.200242, 823.772474 ] }, { "date": "2025-04-18", "close": 801.299988, "volume": 1702, "typical_volume": 17545.8, "trend": 859.966667, "fair_value": 562.43173, "relative_strength": -5.529424, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.912286, "energy": 13.811164, "activity_lines": [ 801.78667, 785.173643, 792.07905, 819.64828 ] }, { "date": "2025-04-25", "close": 847.5, "volume": 9773, "typical_volume": 15751.6, "trend": 855.476666, "fair_value": 566.017627, "relative_strength": -0.844836, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.779084, "energy": 6.658158, "activity_lines": [ 814.943335, 800.527278, 794.866669, 818.843979 ] }, { "date": "2025-05-02", "close": 819.0, "volume": 5873, "typical_volume": 15428.85, "trend": 850.003333, "fair_value": 569.475961, "relative_strength": -5.345759, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.46898, "energy": 7.308497, "activity_lines": [ 817.166667, 808.991822, 795.352384, 816.490646 ] }, { "date": "2025-05-09", "close": 762.099976, "volume": 4627, "typical_volume": 15280.75, "trend": 842.531665, "fair_value": 572.573717, "relative_strength": -10.580247, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.873386, "energy": 12.382714, "activity_lines": [ 800.853325, 804.032726, 790.887857, 810.819461 ] }, { "date": "2025-05-16", "close": 848.900024, "volume": 6711, "typical_volume": 15516.6, "trend": 839.823332, "fair_value": 576.048717, "relative_strength": -4.52271, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.627668, "energy": 6.040824, "activity_lines": [ 816.413334, 813.063639, 795.466193, 811.230323 ] }, { "date": "2025-05-23", "close": 812.950012, "volume": 3623, "typical_volume": 15436.85, "trend": 837.079999, "fair_value": 579.517307, "relative_strength": -7.968872, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.318703, "energy": 6.565137, "activity_lines": [ 815.476672, 812.930913, 796.932147, 809.496561 ] }, { "date": "2025-05-30", "close": 929.400024, "volume": 29536, "typical_volume": 16596.5, "trend": 836.169999, "fair_value": 583.634935, "relative_strength": 5.372218, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.512092, "energy": 25.042766, "activity_lines": [ 852.580013, 834.083644, 810.021196, 815.452691 ] }, { "date": "2025-06-06", "close": 1166.400024, "volume": 103141, "typical_volume": 20473.05, "trend": 841.230001, "fair_value": 589.334935, "relative_strength": 29.859341, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 56.957517, "energy": 64.419093, "activity_lines": [ 963.223352, 896.447283, 845.499055, 836.757854 ] }, { "date": "2025-06-13", "close": 1103.0, "volume": 35355, "typical_volume": 21515.25, "trend": 848.818335, "fair_value": 594.646794, "relative_strength": 23.398437, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.360522, "energy": 79.308282, "activity_lines": [ 1029.573348, 941.084555, 873.095007, 853.646241 ] }, { "date": "2025-06-20", "close": 1129.349976, "volume": 9051, "typical_volume": 21401.05, "trend": 856.378335, "fair_value": 600.090704, "relative_strength": 23.533852, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.284269, "energy": 83.87929, "activity_lines": [ 1081.980001, 985.116367, 901.484766, 871.745057 ] }, { "date": "2025-06-27", "close": 1167.400024, "volume": 2423, "typical_volume": 21137.2, "trend": 865.020001, "fair_value": 605.779807, "relative_strength": 24.271936, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.569053, "energy": 86.292687, "activity_lines": [ 1128.37334, 1029.736371, 931.809768, 891.810972 ] }, { "date": "2025-07-04", "close": 1272.400024, "volume": 13724, "typical_volume": 21446.6, "trend": 876.296669, "fair_value": 612.168589, "relative_strength": 35.157722, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.433496, "energy": 88.327277, "activity_lines": [ 1186.136678, 1086.79092, 971.007151, 918.093554 ] }, { "date": "2025-07-11", "close": 1173.800049, "volume": 457, "typical_volume": 21128.75, "trend": 884.841671, "fair_value": 617.908974, "relative_strength": 25.333451, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.392488, "energy": 78.6828, "activity_lines": [ 1188.166691, 1118.192746, 998.343584, 937.287321 ] }, { "date": "2025-07-18", "close": 1063.0, "volume": 797, "typical_volume": 20417.85, "trend": 889.438338, "fair_value": 622.852885, "relative_strength": 13.69725, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.789271, "energy": 53.717057, "activity_lines": [ 1152.770019, 1122.998198, 1012.631916, 948.781407 ] }, { "date": "2025-07-25", "close": 1070.0, "volume": 1019, "typical_volume": 16621.7, "trend": 894.628339, "fair_value": 627.930449, "relative_strength": 14.409541, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.938781, "energy": 43.046238, "activity_lines": [ 1122.373348, 1123.605468, 1025.684772, 960.430546 ] }, { "date": "2025-08-01", "close": 1060.599976, "volume": 531, "typical_volume": 13744.75, "trend": 899.155005, "fair_value": 632.941346, "relative_strength": 14.135499, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.535744, "energy": 29.186171, "activity_lines": [ 1092.8, 1118.483643, 1036.101436, 971.138394 ] }, { "date": "2025-08-08", "close": 1037.0, "volume": 726, "typical_volume": 13092.25, "trend": 904.020005, "fair_value": 637.8, "relative_strength": 12.046335, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.99569, "energy": 25.327578, "activity_lines": [ 1062.479997, 1104.568186, 1043.120721, 980.031619 ] }, { "date": "2025-08-15", "close": 931.5, "volume": 2322, "typical_volume": 12641.35, "trend": 909.096671, "fair_value": 642.009615, "relative_strength": -0.472389, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.272898, "energy": 20.542083, "activity_lines": [ 1012.686662, 1069.514549, 1039.087625, 981.804522 ] }, { "date": "2025-08-22", "close": 919.700012, "volume": 1879, "typical_volume": 11807.95, "trend": 914.996671, "fair_value": 646.115064, "relative_strength": -2.654519, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.31047, "energy": 19.243151, "activity_lines": [ 975.113334, 1036.586368, 1033.425721, 982.488609 ] }, { "date": "2025-08-29", "close": 939.099976, "volume": 6019, "typical_volume": 11964.45, "trend": 920.475004, "fair_value": 650.372756, "relative_strength": 1.364304, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.341453, "energy": 21.07648, "activity_lines": [ 953.559994, 1010.518181, 1029.070956, 984.04366 ] }, { "date": "2025-09-05", "close": 1050.0, "volume": 11322, "typical_volume": 12445.45, "trend": 924.455005, "fair_value": 655.342628, "relative_strength": 11.850645, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.377783, "energy": 21.071654, "activity_lines": [ 977.699996, 1008.072725, 1034.526194, 992.400112 ] }, { "date": "2025-09-12", "close": 1000.0, "volume": 151, "typical_volume": 11964.35, "trend": 932.668339, "fair_value": 659.804167, "relative_strength": 4.998738, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.7029, "energy": 14.046126, "activity_lines": [ 985.879997, 998.670906, 1034.035241, 997.273982 ] }, { "date": "2025-09-19", "close": 1010.0, "volume": 3068, "typical_volume": 11824.1, "trend": 944.678339, "fair_value": 664.420833, "relative_strength": 5.013247, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.539173, "energy": 11.294962, "activity_lines": [ 999.859998, 996.039997, 1033.770478, 1002.263122 ] }, { "date": "2025-09-26", "close": 1022.049988, "volume": 1019, "typical_volume": 11643.7, "trend": 956.628339, "fair_value": 669.110897, "relative_strength": 8.946931, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.680671, "energy": 19.537063, "activity_lines": [ 1012.623328, 998.578177, 1033.74381, 1007.254841 ] }, { "date": "2025-10-03", "close": 1025.0, "volume": 539, "typical_volume": 11335.1, "trend": 967.315004, "fair_value": 673.800641, "relative_strength": 8.107873, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.87495, "energy": 18.825546, "activity_lines": [ 1019.546663, 1002.397269, 1032.760238, 1011.665916 ] }, { "date": "2025-10-10", "close": 1087.599976, "volume": 1273, "typical_volume": 11217.6, "trend": 976.263336, "fair_value": 678.936218, "relative_strength": 12.736479, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.098391, "energy": 31.016239, "activity_lines": [ 1041.60999, 1018.416356, 1036.899997, 1019.426237 ] }, { "date": "2025-10-17", "close": 1136.699951, "volume": 754, "typical_volume": 9778.5, "trend": 986.620001, "fair_value": 684.451923, "relative_strength": 15.48542, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 60.854683, "energy": 53.353393, "activity_lines": [ 1077.533309, 1042.871803, 1044.408088, 1029.776986 ] }, { "date": "2025-10-24", "close": 1193.300049, "volume": 3005, "typical_volume": 4771.7, "trend": 998.881669, "fair_value": 690.290384, "relative_strength": 20.276817, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.555907, "energy": 70.987198, "activity_lines": [ 1123.209998, 1075.80545, 1056.319521, 1043.111183 ] }, { "date": "2025-10-31", "close": 1310.5, "volume": 30655, "typical_volume": 4536.7, "trend": 1015.691669, "fair_value": 696.884936, "relative_strength": 31.702054, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.532166, "energy": 84.064146, "activity_lines": [ 1195.733333, 1125.288178, 1079.264759, 1063.215591 ] }, { "date": "2025-11-07", "close": 1169.800049, "volume": 3268, "typical_volume": 4247.55, "trend": 1028.645003, "fair_value": 702.58141, "relative_strength": 18.393872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.17288, "energy": 71.436129, "activity_lines": [ 1202.126685, 1142.083643, 1087.821907, 1073.158067 ] }, { "date": "2025-11-14", "close": 1158.0, "volume": 2314, "typical_volume": 4242.1, "trend": 1040.535004, "fair_value": 708.273077, "relative_strength": 14.882716, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.075828, "energy": 62.595684, "activity_lines": [ 1194.93335, 1152.539097, 1095.062621, 1081.503551 ] }, { "date": "2025-11-21", "close": 1224.900024, "volume": 21571, "typical_volume": 4634.45, "trend": 1053.115004, "fair_value": 714.067308, "relative_strength": 20.233776, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.237109, "energy": 46.007492, "activity_lines": [ 1205.346688, 1173.194556, 1108.719528, 1093.398069 ] }, { "date": "2025-11-28", "close": 1185.099976, "volume": 10935, "typical_volume": 5158.35, "trend": 1065.318337, "fair_value": 719.663141, "relative_strength": 15.297814, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.399971, "energy": 33.526573, "activity_lines": [ 1196.613338, 1182.524551, 1118.812144, 1101.913228 ] }, { "date": "2025-12-05", "close": 1295.099976, "volume": 61409, "typical_volume": 8188.95, "trend": 1083.085004, "fair_value": 726.04391, "relative_strength": 25.365809, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.729498, "energy": 40.582944, "activity_lines": [ 1225.093327, 1208.67091, 1139.327142, 1116.73785 ] }, { "date": "2025-12-12", "close": 1433.699951, "volume": 48856, "typical_volume": 10580.8, "trend": 1102.578335, "fair_value": 733.352564, "relative_strength": 38.311855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.182121, "energy": 53.356741, "activity_lines": [ 1300.799976, 1255.052719, 1171.936899, 1139.358169 ] }, { "date": "2025-12-19", "close": 1363.800049, "volume": 191114, "typical_volume": 20109.95, "trend": 1120.940002, "fair_value": 740.399359, "relative_strength": 31.133698, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.948009, "energy": 54.205768, "activity_lines": [ 1335.61333, 1281.294547, 1196.157619, 1156.211183 ] }, { "date": "2025-12-26", "close": 1345.800049, "volume": 9095, "typical_volume": 20528.4, "trend": 1134.820003, "fair_value": 747.227244, "relative_strength": 28.208108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.970085, "energy": 58.510618, "activity_lines": [ 1350.706681, 1299.241828, 1217.220243, 1170.718283 ] }, { "date": "2026-01-02", "close": 1309.699951, "volume": 8632, "typical_volume": 20843.9, "trend": 1139.596668, "fair_value": 753.703205, "relative_strength": 22.755455, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.007283, "energy": 48.675247, "activity_lines": [ 1345.706665, 1306.823635, 1233.374285, 1182.00086 ] }, { "date": "2026-01-09", "close": 1260.5, "volume": 5585, "typical_volume": 21029.2, "trend": 1144.846668, "fair_value": 759.909936, "relative_strength": 20.480389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.836857, "energy": 31.90636, "activity_lines": [ 1316.0, 1303.343635, 1243.041666, 1189.801075 ] }, { "date": "2026-01-16", "close": 1247.800049, "volume": 2016, "typical_volume": 20829.05, "trend": 1148.795003, "fair_value": 766.103205, "relative_strength": 18.377981, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.370893, "energy": 20.742335, "activity_lines": [ 1284.366683, 1298.463643, 1249.876671, 1196.443229 ] }, { "date": "2026-01-23", "close": 1215.199951, "volume": 3378, "typical_volume": 20431.85, "trend": 1150.388334, "fair_value": 772.124359, "relative_strength": 17.35749, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.812884, "energy": 17.410277, "activity_lines": [ 1254.259993, 1286.238179, 1252.136905, 1200.727419 ] }, { "date": "2026-01-30", "close": 1236.599976, "volume": 2610, "typical_volume": 20554.8, "trend": 1149.194999, "fair_value": 778.312179, "relative_strength": 17.274875, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.105875, "energy": 17.58777, "activity_lines": [ 1241.193319, 1276.86363, 1255.648569, 1206.28946 ] }, { "date": "2026-02-06", "close": 1298.599976, "volume": 8229, "typical_volume": 20812.85, "trend": 1153.354997, "fair_value": 784.926282, "relative_strength": 20.750906, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.610686, "energy": 17.054422, "activity_lines": [ 1256.073316, 1278.549081, 1263.938329, 1215.928491 ] }, { "date": "2026-02-13", "close": 1308.099976, "volume": 5898, "typical_volume": 21056.8, "trend": 1161.524996, "fair_value": 791.568269, "relative_strength": 21.663709, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.562745, "energy": 17.196659, "activity_lines": [ 1274.859978, 1279.898169, 1271.758565, 1225.912038 ] }, { "date": "2026-02-20", "close": 1290.400024, "volume": 4369, "typical_volume": 21248.3, "trend": 1168.871663, "fair_value": 798.172436, "relative_strength": 18.363136, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.664172, "energy": 22.62888, "activity_lines": [ 1284.573324, 1277.79272, 1276.530948, 1234.226556 ] }, { "date": "2026-02-27", "close": 1281.400024, "volume": 4134, "typical_volume": 21391.35, "trend": 1176.231665, "fair_value": 804.690705, "relative_strength": 18.255435, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.071411, "energy": 20.485988, "activity_lines": [ 1288.446671, 1276.656361, 1279.182379, 1241.48645 ] }, { "date": "2026-03-06", "close": 1266.0, "volume": 1907, "typical_volume": 21449.0, "trend": 1183.864998, "fair_value": 811.05, "relative_strength": 19.219394, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.723335, "energy": 18.097485, "activity_lines": [ 1282.77334, 1274.21818, 1279.444284, 1247.277956 ] }, { "date": "2026-03-13", "close": 1297.800049, "volume": 3359, "typical_volume": 21466.7, "trend": 1196.075, "fair_value": 817.638782, "relative_strength": 27.969208, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.85059, "energy": 18.176544, "activity_lines": [ 1285.740023, 1279.012735, 1282.119051, 1254.628604 ] }, { "date": "2026-03-20", "close": 1274.099976, "volume": 1070, "typical_volume": 19987.45, "trend": 1207.888332, "fair_value": 824.070513, "relative_strength": 24.749739, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.250618, "energy": 15.043128, "activity_lines": [ 1280.86001, 1279.714549, 1282.039048, 1259.662473 ] }, { "date": "2026-03-27", "close": 1275.300049, "volume": 3684, "typical_volume": 20008.25, "trend": 1219.095001, "fair_value": 830.528206, "relative_strength": 25.346752, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.143169, "energy": 10.19406, "activity_lines": [ 1278.646688, 1280.387285, 1282.246672, 1264.011616 ] }, { "date": "2026-04-03", "close": 1301.400024, "volume": 1634, "typical_volume": 19974.25, "trend": 1227.475002, "fair_value": 837.035577, "relative_strength": 27.29845, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.878305, "energy": 18.900994, "activity_lines": [ 1286.140023, 1285.305471, 1284.437626, 1269.321618 ] }, { "date": "2026-04-10", "close": 1292.5, "volume": 1572, "typical_volume": 18974.3, "trend": 1237.225002, "fair_value": 843.526924, "relative_strength": 18.409422, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.774894, "energy": 18.009474, "activity_lines": [ 1289.33335, 1287.038197, 1285.098102, 1273.516779 ] }, { "date": "2026-04-17", "close": 1329.5, "volume": 1831, "typical_volume": 18519.1, "trend": 1247.875002, "fair_value": 850.286859, "relative_strength": 19.223264, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.935419, "energy": 22.727356, "activity_lines": [ 1303.093343, 1294.481831, 1288.960483, 1279.470005 ] }, { "date": "2026-04-24", "close": 1425.099976, "volume": 4193, "typical_volume": 15658.3, "trend": 1261.310002, "fair_value": 857.590064, "relative_strength": 28.912729, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 63.334193, "energy": 44.69332, "activity_lines": [ 1346.606665, 1318.745461, 1301.240004, 1290.903874 ] }, { "date": "2026-05-01", "close": 1490.599976, "volume": 2366, "typical_volume": 13333.8, "trend": 1276.830001, "fair_value": 865.200962, "relative_strength": 32.707136, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.476048, "energy": 61.527652, "activity_lines": [ 1401.886654, 1352.790909, 1319.138573, 1305.696776 ] }, { "date": "2026-05-08", "close": 1639.199951, "volume": 13440, "typical_volume": 4450.1, "trend": 1295.216667, "fair_value": 873.698077, "relative_strength": 42.744014, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.393957, "energy": 77.986301, "activity_lines": [ 1492.346639, 1410.214535, 1350.918568, 1329.075482 ] }, { "date": "2026-05-15", "close": 1748.900024, "volume": 3096, "typical_volume": 4150.15, "trend": 1315.623336, "fair_value": 882.930769, "relative_strength": 53.243641, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.816495, "energy": 84.37638, "activity_lines": [ 1596.85332, 1481.078176, 1391.834761, 1358.345376 ] }, { "date": "2026-05-22", "close": 1911.800049, "volume": 7978, "typical_volume": 4117.45, "trend": 1339.573336, "fair_value": 893.173077, "relative_strength": 63.855697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.88429, "energy": 91.918104, "activity_lines": [ 1725.233341, 1572.780003, 1446.345718, 1396.80839 ] }, { "date": "2026-05-29", "close": 1840.300049, "volume": 2711, "typical_volume": 3973.75, "trend": 1357.233337, "fair_value": 902.818911, "relative_strength": 56.394246, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.638332, "energy": 88.670579, "activity_lines": [ 1790.960026, 1640.318193, 1491.180008, 1429.113339 ] }, { "date": "2026-06-05", "close": 1780.0, "volume": 105, "typical_volume": 3878.2, "trend": 1377.573336, "fair_value": 911.688462, "relative_strength": 50.729118, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.283893, "energy": 84.846246, "activity_lines": [ 1808.906689, 1686.598191, 1527.510484, 1456.388608 ] }, { "date": "2026-06-12", "close": 1788.0, "volume": 25, "typical_volume": 3710.55, "trend": 1398.573336, "fair_value": 920.813142, "relative_strength": 48.014731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.410578, "energy": 78.912826, "activity_lines": [ 1810.226685, 1725.156372, 1562.068579, 1482.867747 ] }, { "date": "2026-06-19", "close": 1775.0, "volume": 66, "typical_volume": 3583.35, "trend": 1416.910002, "fair_value": 929.736219, "relative_strength": 42.994292, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.347339, "energy": 56.86589, "activity_lines": [ 1797.293343, 1752.503644, 1592.66096, 1507.153338 ] }, { "date": "2026-06-26", "close": 1798.900024, "volume": 0, "typical_volume": 3171.9, "trend": 1437.370003, "fair_value": 938.959937, "relative_strength": 43.104289, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.291054, "energy": 53.229293, "activity_lines": [ 1790.586678, 1775.423648, 1622.965723, 1531.797856 ] }, { "date": "2026-07-03", "close": 1790.0, "volume": 80, "typical_volume": 2881.0, "trend": 1453.866671, "fair_value": 948.126604, "relative_strength": 39.911523, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.092134, "energy": 49.533026, "activity_lines": [ 1788.440006, 1788.19092, 1650.040484, 1554.548178 ] }, { "date": "2026-07-10", "close": 1800.0, "volume": 964, "typical_volume": 2710.75, "trend": 1466.076672, "fair_value": 957.10545, "relative_strength": 39.65422, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.581696, "energy": 44.224583, "activity_lines": [ 1792.980005, 1796.141828, 1675.772864, 1576.879361 ] }, { "date": "2026-07-17", "close": 1824.199951, "volume": 1256, "typical_volume": 2566.85, "trend": 1481.423336, "fair_value": 966.363142, "relative_strength": 39.162805, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.559357, "energy": 46.12463, "activity_lines": [ 1804.25332, 1802.867272, 1701.383335, 1599.984089 ] }, { "date": "2026-07-24", "close": 1898.0, "volume": 525, "typical_volume": 2497.75, "trend": 1499.830001, "fair_value": 976.214103, "relative_strength": 46.324978, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.071317, "energy": 51.312855, "activity_lines": [ 1837.713322, 1819.64727, 1731.43762, 1626.860002 ] }, { "date": "2026-07-31", "close": 1879.900024, "volume": 660, "typical_volume": 2362.8, "trend": 1518.83667, "fair_value": 985.700642, "relative_strength": 39.598681, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.110794, "energy": 49.248738, "activity_lines": [ 1856.939998, 1830.425455, 1756.758575, 1651.380649 ] }, { "date": "2026-08-07", "close": 1851.0, "volume": 398, "typical_volume": 2329.2, "trend": 1538.520003, "fair_value": 995.033975, "relative_strength": 34.867274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.842739, "energy": 47.192595, "activity_lines": [ 1861.133333, 1836.52909, 1776.555241, 1672.810541 ] } ], "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." } } }