{ "ticker": { "uuid": "6a0e9b5c-98d7-4579-8ce6-cf7b3dd46f90", "symbol": "HPL", "name": "HPL Electric & Power 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 93.525, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": -14.525, "architecture_energy": 25.007, "architecture_maturity": 20.337, "architecture_confidence": 45.25, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 57.84, "rotation_up": 14.89, "upward_expansion": 16.21, "deceleration": 59.04, "rotation_down": 56.58, "downward_expansion": 41.21 }, "activity_lines": [ 338.693337, 347.088184, 351.671192, 346.261829 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 342.100006, "trend_reference": 340.665, "distance_from_trend": 0.004212, "trend_direction": "Weakening", "fair_value": 407.79127, "distance_from_fair_value": -0.16109, "fair_value_direction": "Weakening", "relative_strength": -9.714817, "relative_strength_direction": "Weakening", "price_momentum": 0.084311, "excess_performance": 0.12802, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.004212, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.051332, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.16109, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.153501, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.097148, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.024984, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.084311, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.797764, "read": "Supply-led" } ], "volume": { "latest": 518918, "relative_activity": 0.57697, "balance": 0.797764, "dry_up": 0.484994, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.070515, "annualized_volatility": 0.424662, "from_high_reference": -0.426406, "from_low_reference": 0.338681 }, "levels": { "trend_reference": 340.665, "fair_value_reference": 407.79127, "structural_low": 255.550003, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": -0.037435, "positive_rate": 0.357143, "directional_follow_through": 0.357143, "median_excess_return": -0.041474, "regime_survival": 0.642857, "best_return": 0.216944, "worst_return": -0.260398, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.013858, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.03108, "regime_survival": 0.166667, "best_return": 1.143087, "worst_return": -0.32139, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.210346, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.199283, "regime_survival": 0.25, "best_return": 1.165133, "worst_return": -0.146051, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.273942, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.226714, "regime_survival": 0.0, "best_return": 2.394248, "worst_return": -0.342857, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-06-30", "end": "2023-10-06", "tenure": "Established", "return": 0.671644, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-10-13", "end": "2023-12-29", "tenure": "Developing", "return": 0.102524, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-05", "end": "2024-03-22", "tenure": "Developing", "return": -0.007801, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-29", "end": "2024-04-19", "tenure": "New", "return": 0.031438, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-26", "end": "2024-09-20", "tenure": "Established", "return": 0.582069, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-27", "end": "2024-11-15", "tenure": "Developing", "return": -0.120177, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-11-29", "tenure": "New", "return": 0.143553, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-06", "end": "2025-01-31", "tenure": "Developing", "return": -0.18696, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-07", "end": "2025-05-16", "tenure": "Established", "return": -0.035944, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-07-04", "tenure": "Developing", "return": 0.053874, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-09-05", "tenure": "Developing", "return": -0.223935, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-12", "end": "2025-10-24", "tenure": "Developing", "return": -0.091236, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2026-05-29", "tenure": "Extended", "return": -0.202755, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": -0.042005, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 202.164703, "volume": 1308463, "typical_volume": 3998853.8, "trend": 118.809571, "fair_value": 72.847134, "relative_strength": 80.890238, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.096717, "energy": 65.752992, "activity_lines": [ 203.582878, 194.4382, 160.24416, 140.37613 ] }, { "date": "2023-08-25", "close": 211.883667, "volume": 3006265, "typical_volume": 4135049.4, "trend": 122.670716, "fair_value": 73.97252, "relative_strength": 85.909958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.554126, "energy": 65.834421, "activity_lines": [ 205.652289, 200.630216, 167.574244, 146.38091 ] }, { "date": "2023-09-01", "close": 230.875351, "volume": 4370189, "typical_volume": 4332573.8, "trend": 127.278967, "fair_value": 75.236031, "relative_strength": 95.832447, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.936897, "energy": 68.144894, "activity_lines": [ 214.217551, 208.336879, 176.11684, 153.361855 ] }, { "date": "2023-09-08", "close": 231.619171, "volume": 4842521, "typical_volume": 4546898.8, "trend": 131.946722, "fair_value": 76.496433, "relative_strength": 88.222058, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.545224, "energy": 65.724365, "activity_lines": [ 221.324973, 214.390959, 184.04291, 160.093481 ] }, { "date": "2023-09-15", "close": 219.470444, "volume": 2606817, "typical_volume": 4642858.35, "trend": 136.431007, "fair_value": 77.686836, "relative_strength": 71.413107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.579027, "energy": 58.62465, "activity_lines": [ 222.8258, 216.395162, 190.126246, 165.740172 ] }, { "date": "2023-09-22", "close": 217.62207, "volume": 1233816, "typical_volume": 4674980.6, "trend": 140.878473, "fair_value": 78.878023, "relative_strength": 70.79405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.014704, "energy": 56.729484, "activity_lines": [ 222.298934, 217.192376, 195.422214, 170.978306 ] }, { "date": "2023-09-29", "close": 214.533829, "volume": 686408, "typical_volume": 4592150.55, "trend": 145.178369, "fair_value": 80.046565, "relative_strength": 65.326392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.542083, "energy": 49.571768, "activity_lines": [ 219.712163, 217.292202, 199.82295, 175.730264 ] }, { "date": "2023-10-06", "close": 217.920929, "volume": 814738, "typical_volume": 4578380.15, "trend": 149.594474, "fair_value": 81.252012, "relative_strength": 64.541677, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.55048, "energy": 45.026873, "activity_lines": [ 218.077749, 218.004758, 203.965291, 180.423332 ] }, { "date": "2023-10-13", "close": 224.944214, "volume": 1883707, "typical_volume": 4617036.55, "trend": 154.357085, "fair_value": 82.50058, "relative_strength": 65.596701, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.99934, "energy": 43.867796, "activity_lines": [ 219.648057, 219.764598, 208.182715, 185.284606 ] }, { "date": "2023-10-20", "close": 207.909012, "volume": 986613, "typical_volume": 4580490.55, "trend": 158.63946, "fair_value": 83.64343, "relative_strength": 52.220479, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.909391, "energy": 36.974491, "activity_lines": [ 215.984962, 218.123849, 210.157578, 188.739569 ] }, { "date": "2023-10-27", "close": 194.41037, "volume": 1350877, "typical_volume": 4526629.65, "trend": 162.318161, "fair_value": 84.70608, "relative_strength": 44.198713, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.296976, "energy": 27.069853, "activity_lines": [ 208.593082, 213.854036, 210.323636, 191.04737 ] }, { "date": "2023-11-03", "close": 193.414154, "volume": 794013, "typical_volume": 4419841.05, "trend": 165.876051, "fair_value": 85.762978, "relative_strength": 40.275253, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.197298, "energy": 17.006321, "activity_lines": [ 202.416576, 209.544082, 209.937056, 193.053563 ] }, { "date": "2023-11-10", "close": 204.820786, "volume": 1731250, "typical_volume": 3649382.55, "trend": 169.819122, "fair_value": 86.889196, "relative_strength": 45.091316, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.641598, "energy": 19.204753, "activity_lines": [ 201.45026, 207.643869, 210.2171, 195.566126 ] }, { "date": "2023-11-17", "close": 205.617722, "volume": 658050, "typical_volume": 3586429.75, "trend": 173.752393, "fair_value": 87.994887, "relative_strength": 41.374851, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.283847, "energy": 17.35835, "activity_lines": [ 201.622931, 206.362274, 210.228872, 197.875713 ] }, { "date": "2023-11-24", "close": 210.748215, "volume": 1129902, "typical_volume": 2613215.75, "trend": 177.740979, "fair_value": 89.122388, "relative_strength": 42.470761, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.747905, "energy": 12.224815, "activity_lines": [ 204.7942, 206.486248, 210.370908, 200.262541 ] }, { "date": "2023-12-01", "close": 203.874359, "volume": 784882, "typical_volume": 2227058.9, "trend": 181.490519, "fair_value": 90.206143, "relative_strength": 33.143318, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.525413, "energy": 13.95116, "activity_lines": [ 205.484903, 205.519017, 209.671726, 201.948565 ] }, { "date": "2023-12-08", "close": 203.675125, "volume": 1223044, "typical_volume": 1892902.4, "trend": 185.195401, "fair_value": 91.26963, "relative_strength": 27.247846, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.871015, "energy": 16.692266, "activity_lines": [ 205.478262, 204.76552, 208.983446, 203.37983 ] }, { "date": "2023-12-15", "close": 222.25444, "volume": 5121926, "typical_volume": 1990430.15, "trend": 189.496453, "fair_value": 92.439239, "relative_strength": 34.088191, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.579464, "energy": 27.958065, "activity_lines": [ 210.980662, 207.587511, 210.115518, 205.770736 ] }, { "date": "2023-12-22", "close": 213.338364, "volume": 1371756, "typical_volume": 1985689.35, "trend": 193.450717, "fair_value": 93.542831, "relative_strength": 27.689324, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.35418, "energy": 22.425692, "activity_lines": [ 212.348793, 208.709607, 210.317651, 207.308923 ] }, { "date": "2023-12-29", "close": 248.00647, "volume": 4769335, "typical_volume": 2033728.6, "trend": 198.44984, "fair_value": 94.855679, "relative_strength": 43.731812, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 76.358363, "energy": 56.86791, "activity_lines": [ 224.758249, 216.34601, 213.797344, 210.828649 ] }, { "date": "2024-01-05", "close": 312.859711, "volume": 8928040, "typical_volume": 2414707.45, "trend": 205.602474, "fair_value": 96.573491, "relative_strength": 77.738674, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.612737, "energy": 87.889956, "activity_lines": [ 256.301569, 235.044866, 223.216824, 218.209931 ] }, { "date": "2024-01-12", "close": 285.862457, "volume": 2594488, "typical_volume": 2394118.6, "trend": 211.622141, "fair_value": 98.136918, "relative_strength": 58.269325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.199024, "energy": 87.058104, "activity_lines": [ 271.580114, 246.681506, 229.538018, 223.387995 ] }, { "date": "2024-01-19", "close": 284.318329, "volume": 2176809, "typical_volume": 2284449.6, "trend": 216.68125, "fair_value": 99.711335, "relative_strength": 56.657917, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.998645, "energy": 87.027924, "activity_lines": [ 280.864794, 256.356518, 235.359872, 228.078072 ] }, { "date": "2024-01-26", "close": 289.100159, "volume": 1300404, "typical_volume": 2107343.75, "trend": 221.97248, "fair_value": 101.324317, "relative_strength": 58.37238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.327038, "energy": 87.087594, "activity_lines": [ 287.605825, 265.455543, 241.382649, 232.750259 ] }, { "date": "2024-02-02", "close": 313.357819, "volume": 2516266, "typical_volume": 2102816.2, "trend": 226.698749, "fair_value": 103.084885, "relative_strength": 64.341233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.515865, "energy": 87.030317, "activity_lines": [ 297.381956, 277.44719, 249.441959, 238.646088 ] }, { "date": "2024-02-09", "close": 310.86731, "volume": 3550555, "typical_volume": 2218653.15, "trend": 230.056055, "fair_value": 104.834869, "relative_strength": 60.337828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.966833, "energy": 71.377375, "activity_lines": [ 301.971161, 287.120388, 256.816996, 244.076317 ] }, { "date": "2024-02-16", "close": 378.111481, "volume": 5221573, "typical_volume": 2445411.4, "trend": 235.514337, "fair_value": 107.001662, "relative_strength": 87.698814, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.283061, "energy": 77.061742, "activity_lines": [ 329.107917, 307.074472, 270.152214, 253.62828 ] }, { "date": "2024-02-23", "close": 333.331848, "volume": 2688147, "typical_volume": 2539081.85, "trend": 239.782443, "fair_value": 108.867797, "relative_strength": 60.74345, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.123887, "energy": 61.045369, "activity_lines": [ 335.168193, 315.715234, 278.443764, 259.939087 ] }, { "date": "2024-03-01", "close": 342.347565, "volume": 1593483, "typical_volume": 2524570.65, "trend": 244.2519, "fair_value": 110.792991, "relative_strength": 60.695842, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.409806, "energy": 59.453428, "activity_lines": [ 340.96614, 323.975629, 287.044378, 266.556192 ] }, { "date": "2024-03-08", "close": 328.799072, "volume": 1086909, "typical_volume": 2529585.45, "trend": 248.601972, "fair_value": 112.590824, "relative_strength": 50.33038, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.220172, "energy": 54.989201, "activity_lines": [ 338.698096, 327.427039, 293.795596, 272.010848 ] }, { "date": "2024-03-15", "close": 298.813202, "volume": 1528520, "typical_volume": 2538467.6, "trend": 251.823588, "fair_value": 114.172702, "relative_strength": 37.158704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.113668, "energy": 39.599609, "activity_lines": [ 325.405345, 323.957517, 297.11535, 275.250282 ] }, { "date": "2024-03-22", "close": 310.419037, "volume": 1306353, "typical_volume": 2564084.6, "trend": 255.108101, "fair_value": 115.848283, "relative_strength": 39.474651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.903137, "energy": 28.45409, "activity_lines": [ 316.784812, 322.853537, 301.043265, 279.030634 ] }, { "date": "2024-03-29", "close": 315.300446, "volume": 853378, "typical_volume": 2520191.0, "trend": 257.92227, "fair_value": 117.55832, "relative_strength": 37.766503, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.547329, "energy": 22.187548, "activity_lines": [ 314.304246, 322.190604, 304.87891, 282.914011 ] }, { "date": "2024-04-05", "close": 337.61554, "volume": 1639016, "typical_volume": 2569239.3, "trend": 261.455483, "fair_value": 119.406655, "relative_strength": 43.5801, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.839536, "energy": 26.531097, "activity_lines": [ 320.464138, 325.021648, 310.313708, 288.055512 ] }, { "date": "2024-04-12", "close": 325.810455, "volume": 666763, "typical_volume": 2546082.35, "trend": 265.00015, "fair_value": 121.183748, "relative_strength": 36.114984, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.431496, "energy": 27.787227, "activity_lines": [ 323.00447, 324.824216, 313.995652, 292.207446 ] }, { "date": "2024-04-19", "close": 325.212769, "volume": 1821421, "typical_volume": 2597909.3, "trend": 268.586506, "fair_value": 122.976315, "relative_strength": 35.764135, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.740739, "energy": 31.567418, "activity_lines": [ 325.544814, 324.291702, 317.072758, 296.092131 ] }, { "date": "2024-04-26", "close": 364.46344, "volume": 6698011, "typical_volume": 2871657.65, "trend": 273.58416, "fair_value": 125.02049, "relative_strength": 47.359425, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.153788, "energy": 42.912797, "activity_lines": [ 339.408744, 330.634847, 323.31022, 302.27774 ] }, { "date": "2024-05-03", "close": 422.741699, "volume": 7117960, "typical_volume": 2971459.35, "trend": 280.411519, "fair_value": 127.43761, "relative_strength": 66.505977, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.222706, "energy": 69.380818, "activity_lines": [ 369.095801, 347.822186, 334.332335, 311.900807 ] }, { "date": "2024-05-10", "close": 395.79422, "volume": 3847361, "typical_volume": 3095239.6, "trend": 286.106519, "fair_value": 129.674077, "relative_strength": 55.453174, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.582779, "energy": 71.333485, "activity_lines": [ 382.637614, 358.484349, 341.833322, 319.344852 ] }, { "date": "2024-05-17", "close": 407.898193, "volume": 2672268, "typical_volume": 2990386.25, "trend": 292.772825, "fair_value": 131.94509, "relative_strength": 53.934408, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.667698, "energy": 79.923542, "activity_lines": [ 396.335506, 370.375477, 349.618231, 327.202379 ] }, { "date": "2024-05-24", "close": 420.699463, "volume": 2304396, "typical_volume": 2659204.05, "trend": 300.315795, "fair_value": 134.30196, "relative_strength": 52.094955, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.975715, "energy": 82.66365, "activity_lines": [ 408.827972, 383.155943, 357.860919, 335.455711 ] }, { "date": "2024-05-31", "close": 388.023804, "volume": 1932462, "typical_volume": 2626102.75, "trend": 306.802783, "fair_value": 136.443674, "relative_strength": 40.265205, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.762789, "energy": 63.036774, "activity_lines": [ 404.062773, 387.779266, 362.478117, 341.114292 ] }, { "date": "2024-06-07", "close": 448.593353, "volume": 6304716, "typical_volume": 2832498.1, "trend": 314.928536, "fair_value": 138.946436, "relative_strength": 53.514287, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.208661, "energy": 58.234687, "activity_lines": [ 417.916732, 402.004239, 372.377361, 350.262071 ] }, { "date": "2024-06-14", "close": 435.692413, "volume": 3126258, "typical_volume": 2923790.8, "trend": 322.597692, "fair_value": 141.385172, "relative_strength": 45.098931, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.482258, "energy": 54.224677, "activity_lines": [ 425.746934, 411.460079, 380.265681, 358.053289 ] }, { "date": "2024-06-21", "close": 460.049744, "volume": 4857728, "typical_volume": 3040863.9, "trend": 330.907743, "fair_value": 143.942382, "relative_strength": 50.164061, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.152278, "energy": 55.49838, "activity_lines": [ 439.036367, 423.561309, 389.77569, 366.921163 ] }, { "date": "2024-06-28", "close": 437.136902, "volume": 2077088, "typical_volume": 2967190.55, "trend": 338.683161, "fair_value": 146.282768, "relative_strength": 37.345118, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.719456, "energy": 50.849547, "activity_lines": [ 441.211416, 429.055853, 396.40499, 373.774657 ] }, { "date": "2024-07-05", "close": 449.888428, "volume": 1835795, "typical_volume": 2797901.65, "trend": 346.890271, "fair_value": 148.635897, "relative_strength": 37.610494, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.512879, "energy": 49.426573, "activity_lines": [ 446.541144, 434.833872, 403.647437, 380.949191 ] }, { "date": "2024-07-12", "close": 630.849976, "volume": 21940163, "typical_volume": 3760502.45, "trend": 360.510122, "fair_value": 152.178155, "relative_strength": 87.532044, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.408505, "energy": 76.700381, "activity_lines": [ 508.06708, 471.960809, 427.782522, 399.269172 ] }, { "date": "2024-07-19", "close": 570.42981, "volume": 3507181, "typical_volume": 3856187.35, "trend": 372.41317, "fair_value": 155.306517, "relative_strength": 66.481391, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.013205, "energy": 77.378347, "activity_lines": [ 537.302519, 494.318474, 444.746553, 412.812377 ] }, { "date": "2024-07-26", "close": 596.03241, "volume": 2324032, "typical_volume": 3918043.5, "trend": 384.014035, "fair_value": 158.596784, "relative_strength": 68.677667, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.389706, "energy": 83.652198, "activity_lines": [ 566.089665, 518.155966, 463.062821, 427.239425 ] }, { "date": "2024-08-02", "close": 604.998291, "volume": 2280235, "typical_volume": 3955629.25, "trend": 393.751988, "fair_value": 161.971426, "relative_strength": 68.8754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.881642, "energy": 86.360482, "activity_lines": [ 588.799927, 540.202995, 480.960442, 441.496474 ] }, { "date": "2024-08-09", "close": 590.40387, "volume": 2191452, "typical_volume": 3999884.2, "trend": 403.903368, "fair_value": 165.305687, "relative_strength": 64.116574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.217205, "energy": 73.70865, "activity_lines": [ 595.454623, 556.245605, 496.010095, 454.183692 ] }, { "date": "2024-08-16", "close": 615.109863, "volume": 2139398, "typical_volume": 4064185.2, "trend": 414.929753, "fair_value": 168.810029, "relative_strength": 66.606865, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.391589, "energy": 63.003112, "activity_lines": [ 600.976953, 573.100577, 512.079438, 467.809917 ] }, { "date": "2024-08-23", "close": 656.153687, "volume": 3923938, "typical_volume": 4178431.3, "trend": 427.16487, "fair_value": 172.592349, "relative_strength": 72.30515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.178023, "energy": 62.639343, "activity_lines": [ 621.229899, 594.390489, 530.630053, 483.372752 ] }, { "date": "2024-08-30", "close": 624.374573, "volume": 1623417, "typical_volume": 4226264.0, "trend": 437.532095, "fair_value": 176.13899, "relative_strength": 58.719169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.880947, "energy": 55.040906, "activity_lines": [ 625.174882, 605.893993, 544.637237, 496.095958 ] }, { "date": "2024-09-06", "close": 586.269592, "volume": 953979, "typical_volume": 4182891.9, "trend": 446.712172, "fair_value": 179.465739, "relative_strength": 49.143659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.560438, "energy": 51.368707, "activity_lines": [ 614.528727, 607.481595, 553.593641, 505.691926 ] }, { "date": "2024-09-13", "close": 593.691345, "volume": 1499515, "typical_volume": 3922967.1, "trend": 453.898167, "fair_value": 182.823605, "relative_strength": 45.803815, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.941202, "energy": 41.536524, "activity_lines": [ 607.60507, 607.707103, 562.013751, 515.174453 ] }, { "date": "2024-09-20", "close": 576.606323, "volume": 864036, "typical_volume": 3610270.9, "trend": 462.007316, "fair_value": 186.080494, "relative_strength": 37.364393, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.155229, "energy": 31.203058, "activity_lines": [ 594.76724, 602.211645, 567.715155, 523.091108 ] }, { "date": "2024-09-27", "close": 563.832764, "volume": 652873, "typical_volume": 3450546.5, "trend": 469.390156, "fair_value": 189.245985, "relative_strength": 30.691643, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.956241, "energy": 21.763717, "activity_lines": [ 580.23846, 595.379971, 571.467341, 529.660492 ] }, { "date": "2024-10-04", "close": 551.458374, "volume": 527388, "typical_volume": 3343302.5, "trend": 476.812133, "fair_value": 192.328347, "relative_strength": 32.084244, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.591368, "energy": 19.506088, "activity_lines": [ 567.739612, 586.418353, 573.24083, 534.955216 ] }, { "date": "2024-10-11", "close": 550.410522, "volume": 718089, "typical_volume": 3263987.15, "trend": 485.19871, "fair_value": 195.405895, "relative_strength": 30.496489, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.099134, "energy": 20.618383, "activity_lines": [ 559.752559, 578.076653, 574.230904, 539.703499 ] }, { "date": "2024-10-18", "close": 531.399902, "volume": 728244, "typical_volume": 3203776.25, "trend": 492.564739, "fair_value": 198.37744, "relative_strength": 25.019295, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.321863, "energy": 14.923156, "activity_lines": [ 547.819238, 567.270983, 572.79277, 542.684221 ] }, { "date": "2024-10-25", "close": 483.449188, "volume": 616191, "typical_volume": 2919350.0, "trend": 498.169697, "fair_value": 201.055564, "relative_strength": 15.632475, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.135287, "energy": 23.164489, "activity_lines": [ 524.055108, 548.8198, 566.105159, 542.096121 ] }, { "date": "2024-11-01", "close": 531.000732, "volume": 989004, "typical_volume": 2812487.3, "trend": 504.61587, "fair_value": 204.028674, "relative_strength": 24.724744, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.7583, "energy": 18.463762, "activity_lines": [ 522.351969, 541.408182, 563.780286, 544.214252 ] }, { "date": "2024-11-08", "close": 512.039978, "volume": 410334, "typical_volume": 2590117.6, "trend": 510.823521, "fair_value": 206.884363, "relative_strength": 19.648588, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.657639, "energy": 24.693689, "activity_lines": [ 516.517381, 532.824664, 559.195778, 544.693227 ] }, { "date": "2024-11-15", "close": 496.073059, "volume": 928087, "typical_volume": 2532667.55, "trend": 516.518864, "fair_value": 209.665613, "relative_strength": 17.589264, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.440257, "energy": 39.253814, "activity_lines": [ 507.988379, 523.380516, 552.843038, 543.741584 ] }, { "date": "2024-11-22", "close": 481.403412, "volume": 604068, "typical_volume": 2471081.2, "trend": 520.416863, "fair_value": 212.364563, "relative_strength": 11.192283, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.008, "energy": 35.077384, "activity_lines": [ 498.191992, 512.909096, 544.812541, 541.476071 ] }, { "date": "2024-11-29", "close": 550.510376, "volume": 1387472, "typical_volume": 1443446.65, "trend": 524.675819, "fair_value": 215.504603, "relative_strength": 24.291337, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.460467, "energy": 19.60655, "activity_lines": [ 514.76436, 517.044178, 543.213588, 543.417588 ] }, { "date": "2024-12-06", "close": 594.619019, "volume": 3109387, "typical_volume": 1423556.95, "trend": 531.303312, "fair_value": 218.886473, "relative_strength": 29.327038, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.395514, "energy": 9.17415, "activity_lines": [ 541.568862, 529.673485, 546.198027, 547.930053 ] }, { "date": "2024-12-13", "close": 587.334106, "volume": 1664849, "typical_volume": 1390597.8, "trend": 537.284509, "fair_value": 222.214033, "relative_strength": 25.545263, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 33.595223, "energy": 24.673148, "activity_lines": [ 561.703841, 540.418512, 548.373479, 551.544943 ] }, { "date": "2024-12-20", "close": 567.425293, "volume": 2634580, "typical_volume": 1408315.05, "trend": 542.17537, "fair_value": 225.425708, "relative_strength": 25.563586, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 28.661682, "energy": 28.165833, "activity_lines": [ 570.182941, 546.891469, 548.694273, 553.489509 ] }, { "date": "2024-12-27", "close": 533.046509, "volume": 806929, "typical_volume": 1339088.9, "trend": 547.00946, "fair_value": 228.397658, "relative_strength": 15.564316, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.897454, "energy": 17.931943, "activity_lines": [ 562.44563, 546.804379, 545.919817, 552.900551 ] }, { "date": "2025-01-03", "close": 586.934998, "volume": 1476577, "typical_volume": 1305947.85, "trend": 551.620849, "fair_value": 231.67857, "relative_strength": 24.987059, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.198909, "energy": 21.666819, "activity_lines": [ 569.228276, 556.485257, 548.550728, 555.476392 ] }, { "date": "2025-01-10", "close": 525.212708, "volume": 1135102, "typical_volume": 1166506.05, "trend": 554.604858, "fair_value": 234.569219, "relative_strength": 13.535126, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.415742, "energy": 12.980014, "activity_lines": [ 553.008517, 553.062341, 545.437492, 553.772641 ] }, { "date": "2025-01-17", "close": 516.381042, "volume": 1062661, "typical_volume": 1138468.25, "trend": 556.482568, "fair_value": 237.416259, "relative_strength": 11.733287, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.550773, "energy": 21.069668, "activity_lines": [ 538.471956, 548.138904, 542.106673, 551.306588 ] }, { "date": "2025-01-24", "close": 475.166321, "volume": 599744, "typical_volume": 1120756.5, "trend": 557.750216, "fair_value": 240.013376, "relative_strength": 2.612324, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.115577, "energy": 42.871567, "activity_lines": [ 514.92736, 535.642953, 535.364898, 546.060379 ] }, { "date": "2025-01-31", "close": 483.449188, "volume": 1531540, "typical_volume": 1122357.75, "trend": 558.868908, "fair_value": 242.620767, "relative_strength": 1.94397, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.418841, "energy": 56.746825, "activity_lines": [ 500.294318, 525.0331, 529.94103, 541.266764 ] }, { "date": "2025-02-07", "close": 458.101624, "volume": 687636, "typical_volume": 1113537.75, "trend": 553.110629, "fair_value": 245.08756, "relative_strength": -4.085343, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.599737, "energy": 67.806942, "activity_lines": [ 480.518575, 509.777403, 522.628072, 534.765649 ] }, { "date": "2025-02-14", "close": 403.065582, "volume": 966585, "typical_volume": 1129223.35, "trend": 547.531822, "fair_value": 247.241207, "relative_strength": -13.321993, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.243749, "energy": 79.501488, "activity_lines": [ 450.986377, 486.195313, 510.637893, 525.085323 ] }, { "date": "2025-02-21", "close": 397.127899, "volume": 1087915, "typical_volume": 1157249.7, "trend": 540.901671, "fair_value": 249.395488, "relative_strength": -14.295537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.558407, "energy": 79.69788, "activity_lines": [ 427.618093, 465.016433, 498.847779, 515.381844 ] }, { "date": "2025-02-28", "close": 357.559784, "volume": 591732, "typical_volume": 1150931.85, "trend": 532.653721, "fair_value": 251.298666, "relative_strength": -20.556605, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.364799, "energy": 86.982874, "activity_lines": [ 399.010647, 440.101645, 484.02418, 503.553335 ] }, { "date": "2025-03-07", "close": 403.514648, "volume": 989687, "typical_volume": 1164004.0, "trend": 526.42408, "fair_value": 253.485958, "relative_strength": -12.318345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.253927, "energy": 79.71344, "activity_lines": [ 393.561924, 427.358024, 474.495572, 495.221782 ] }, { "date": "2025-03-14", "close": 387.14856, "volume": 1204971, "typical_volume": 1193443.0, "trend": 518.82537, "fair_value": 255.564216, "relative_strength": -15.58703, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.986866, "energy": 73.784939, "activity_lines": [ 387.986808, 413.993875, 464.017266, 486.236265 ] }, { "date": "2025-03-21", "close": 418.683228, "volume": 1446987, "typical_volume": 1216342.15, "trend": 510.909688, "fair_value": 257.838593, "relative_strength": -12.755924, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.221946, "energy": 51.757503, "activity_lines": [ 397.653453, 409.995783, 457.000836, 479.775482 ] }, { "date": "2025-03-28", "close": 412.096893, "volume": 1915929, "typical_volume": 1291621.9, "trend": 503.833766, "fair_value": 260.060917, "relative_strength": -15.015558, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.360909, "energy": 42.01309, "activity_lines": [ 404.083476, 406.737074, 449.891981, 473.400463 ] }, { "date": "2025-04-04", "close": 428.213531, "volume": 745227, "typical_volume": 1282478.9, "trend": 498.56523, "fair_value": 262.36657, "relative_strength": -9.633006, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.115151, "energy": 32.291317, "activity_lines": [ 414.887779, 408.30474, 444.793964, 468.521738 ] }, { "date": "2025-04-11", "close": 430.159485, "volume": 999118, "typical_volume": 1302231.4, "trend": 493.114168, "fair_value": 264.663763, "relative_strength": -9.289435, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.90332, "energy": 24.137885, "activity_lines": [ 421.630483, 411.079902, 440.204416, 464.108464 ] }, { "date": "2025-04-18", "close": 443.681519, "volume": 556928, "typical_volume": 1260704.2, "trend": 488.683341, "fair_value": 267.047952, "relative_strength": -10.77482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.648428, "energy": 19.866492, "activity_lines": [ 431.104209, 417.282519, 437.1467, 460.919261 ] }, { "date": "2025-04-25", "close": 417.236267, "volume": 1010784, "typical_volume": 1155774.05, "trend": 483.796792, "fair_value": 269.276894, "relative_strength": -16.832556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.554288, "energy": 18.825923, "activity_lines": [ 427.993988, 418.939092, 432.079097, 456.309772 ] }, { "date": "2025-05-02", "close": 403.564545, "volume": 609215, "typical_volume": 1102992.35, "trend": 478.866997, "fair_value": 271.4607, "relative_strength": -20.409455, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.58846, "energy": 24.60606, "activity_lines": [ 420.42299, 417.85225, 426.554105, 451.133498 ] }, { "date": "2025-05-09", "close": 390.292023, "volume": 617538, "typical_volume": 1002140.25, "trend": 473.529714, "fair_value": 273.595268, "relative_strength": -21.819208, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.351938, "energy": 34.326811, "activity_lines": [ 408.996641, 414.235191, 420.640157, 445.418984 ] }, { "date": "2025-05-16", "close": 441.635712, "volume": 866170, "typical_volume": 1005102.3, "trend": 470.537574, "fair_value": 276.036759, "relative_strength": -15.072278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.12766, "energy": 28.442146, "activity_lines": [ 417.212956, 419.358217, 420.459575, 443.361306 ] }, { "date": "2025-05-23", "close": 547.366882, "volume": 6658037, "typical_volume": 1264175.3, "trend": 472.668164, "fair_value": 279.138886, "relative_strength": 5.604523, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 12.202415, "energy": 15.423237, "activity_lines": [ 459.907912, 443.011981, 430.783919, 448.318035 ] }, { "date": "2025-05-30", "close": 571.86615, "volume": 3499381, "typical_volume": 1382389.25, "trend": 474.030345, "fair_value": 282.4025, "relative_strength": 10.190149, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.848673, "energy": 55.851227, "activity_lines": [ 503.856934, 468.207098, 443.629945, 454.717906 ] }, { "date": "2025-06-06", "close": 567.974243, "volume": 2114540, "typical_volume": 1434983.2, "trend": 475.89482, "fair_value": 285.650365, "relative_strength": 7.993464, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.909429, "energy": 67.903931, "activity_lines": [ 536.199994, 489.909451, 455.883155, 460.778802 ] }, { "date": "2025-06-13", "close": 543.27533, "volume": 1522731, "typical_volume": 1481132.55, "trend": 477.468229, "fair_value": 288.776379, "relative_strength": 4.16113, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.255973, "energy": 68.439497, "activity_lines": [ 549.349437, 504.286959, 465.538405, 465.125932 ] }, { "date": "2025-06-20", "close": 530.451843, "volume": 833003, "typical_volume": 1446205.7, "trend": 479.103177, "fair_value": 291.813214, "relative_strength": -0.033328, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.802641, "energy": 66.390864, "activity_lines": [ 548.025496, 514.240891, 473.648042, 468.54423 ] }, { "date": "2025-06-27", "close": 538.984192, "volume": 870848, "typical_volume": 1455366.3, "trend": 478.718971, "fair_value": 294.903157, "relative_strength": -0.761376, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.859413, "energy": 51.55788, "activity_lines": [ 543.624597, 523.922662, 482.346461, 472.407521 ] }, { "date": "2025-07-04", "close": 576.855774, "volume": 2239020, "typical_volume": 1518988.05, "trend": 478.126863, "fair_value": 298.218422, "relative_strength": 6.546706, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.322583, "energy": 51.768526, "activity_lines": [ 552.406405, 538.7574, 494.266543, 478.738927 ] }, { "date": "2025-07-11", "close": 598.710571, "volume": 4404850, "typical_volume": 1684834.8, "trend": 478.506078, "fair_value": 301.675367, "relative_strength": 12.148324, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.971392, "energy": 57.011596, "activity_lines": [ 568.140503, 554.663564, 507.440462, 486.518522 ] }, { "date": "2025-07-18", "close": 605.745972, "volume": 3444045, "typical_volume": 1827450.45, "trend": 479.783434, "fair_value": 305.17075, "relative_strength": 14.186576, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.934747, "energy": 63.680502, "activity_lines": [ 584.170646, 568.300782, 520.324501, 494.727547 ] }, { "date": "2025-07-25", "close": 555.150757, "volume": 1869293, "typical_volume": 1871430.75, "trend": 480.520242, "fair_value": 308.339902, "relative_strength": 5.359904, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.552725, "energy": 53.41423, "activity_lines": [ 579.171008, 568.821525, 527.208109, 499.589955 ] }, { "date": "2025-08-01", "close": 572.015869, "volume": 1207338, "typical_volume": 1871549.1, "trend": 480.022938, "fair_value": 311.610185, "relative_strength": 9.879775, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.846254, "energy": 46.570613, "activity_lines": [ 578.14648, 570.344743, 534.975842, 505.492899 ] }, { "date": "2025-08-08", "close": 564.880615, "volume": 1435603, "typical_volume": 1870979.9, "trend": 481.345202, "fair_value": 314.830606, "relative_strength": 9.512728, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.56838, "energy": 38.863698, "activity_lines": [ 572.541422, 570.122479, 541.183707, 510.967587 ] }, { "date": "2025-08-15", "close": 482.501129, "volume": 3157304, "typical_volume": 1933048.65, "trend": 480.215871, "fair_value": 317.517878, "relative_strength": -7.013394, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.517339, "energy": 16.880748, "activity_lines": [ 540.27488, 555.049135, 538.849728, 511.042163 ] }, { "date": "2025-08-22", "close": 489.885834, "volume": 1612777, "typical_volume": 1976426.15, "trend": 480.706522, "fair_value": 320.169702, "relative_strength": -5.918279, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 14.496565, "energy": 18.438687, "activity_lines": [ 518.217202, 542.872523, 536.883795, 511.666032 ] }, { "date": "2025-08-29", "close": 464.737915, "volume": 730220, "typical_volume": 1962981.25, "trend": 480.082813, "fair_value": 322.691723, "relative_strength": -8.648725, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": -9.219023, "energy": 24.027764, "activity_lines": [ 495.500893, 527.094279, 532.229146, 510.635799 ] }, { "date": "2025-09-05", "close": 464.638123, "volume": 487933, "typical_volume": 1959531.5, "trend": 480.300696, "fair_value": 325.182655, "relative_strength": -9.42574, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -27.945032, "energy": 36.670639, "activity_lines": [ 478.778843, 512.49269, 527.400333, 509.639368 ] }, { "date": "2025-09-12", "close": 489.786041, "volume": 718704, "typical_volume": 1944927.5, "trend": 483.191378, "fair_value": 327.872853, "relative_strength": -5.599122, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.656597, "energy": 41.875841, "activity_lines": [ 477.597949, 503.815196, 524.866767, 510.251325 ] }, { "date": "2025-09-19", "close": 483.049988, "volume": 640088, "typical_volume": 1946471.15, "trend": 486.055447, "fair_value": 330.523683, "relative_strength": -7.397483, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.030706, "energy": 40.650049, "activity_lines": [ 479.178009, 495.496052, 521.346197, 510.242203 ] }, { "date": "2025-09-26", "close": 463.549988, "volume": 715477, "typical_volume": 1951368.1, "trend": 489.588454, "fair_value": 333.046335, "relative_strength": -8.478514, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.646667, "energy": 34.632295, "activity_lines": [ 474.221478, 485.734372, 515.589981, 508.790238 ] }, { "date": "2025-10-03", "close": 468.649994, "volume": 331046, "typical_volume": 1924611.9, "trend": 491.759632, "fair_value": 335.576568, "relative_strength": -8.084925, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.691795, "energy": 23.512029, "activity_lines": [ 472.720673, 479.485348, 509.970633, 507.43937 ] }, { "date": "2025-10-10", "close": 445.549988, "volume": 581857, "typical_volume": 1620802.9, "trend": 493.706347, "fair_value": 337.97271, "relative_strength": -13.607975, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.191173, "energy": 33.993431, "activity_lines": [ 463.25906, 470.609064, 502.022646, 504.458103 ] }, { "date": "2025-10-17", "close": 442.899994, "volume": 571334, "typical_volume": 1474400.55, "trend": 494.513572, "fair_value": 340.266359, "relative_strength": -15.207665, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.087784, "energy": 47.04478, "activity_lines": [ 454.186658, 463.550343, 494.30712, 501.180273 ] }, { "date": "2025-10-24", "close": 445.100006, "volume": 265016, "typical_volume": 1381924.35, "trend": 495.613676, "fair_value": 342.484792, "relative_strength": -14.847584, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.193044, "energy": 53.019488, "activity_lines": [ 448.97333, 459.109453, 487.415243, 497.992301 ] }, { "date": "2025-10-31", "close": 439.200012, "volume": 518478, "typical_volume": 1331711.7, "trend": 495.979892, "fair_value": 344.685748, "relative_strength": -15.35426, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.137338, "energy": 67.787826, "activity_lines": [ 444.323336, 454.275858, 480.546578, 494.35271 ] }, { "date": "2025-11-07", "close": 421.100006, "volume": 364223, "typical_volume": 1308272.7, "trend": 495.677909, "fair_value": 346.739527, "relative_strength": -17.743618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.418386, "energy": 72.023808, "activity_lines": [ 435.263338, 447.072913, 472.4497, 489.52175 ] }, { "date": "2025-11-14", "close": 457.25, "volume": 1342205, "typical_volume": 1331840.55, "trend": 496.130192, "fair_value": 349.080981, "relative_strength": -11.832455, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.056468, "energy": 62.513874, "activity_lines": [ 441.423338, 447.23611, 468.316401, 487.04253 ] }, { "date": "2025-11-21", "close": 433.350006, "volume": 1325897, "typical_volume": 1286184.4, "trend": 496.667317, "fair_value": 351.224729, "relative_strength": -16.666426, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.736161, "energy": 56.492625, "activity_lines": [ 438.836672, 443.188184, 462.296122, 482.992195 ] }, { "date": "2025-11-28", "close": 413.950012, "volume": 480861, "typical_volume": 1089984.95, "trend": 497.013499, "fair_value": 353.184359, "relative_strength": -20.267332, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.832914, "energy": 64.341582, "activity_lines": [ 430.420007, 436.639095, 455.111586, 477.655595 ] }, { "date": "2025-12-05", "close": 390.75, "volume": 598402, "typical_volume": 947702.8, "trend": 497.028765, "fair_value": 355.019112, "relative_strength": -24.01199, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.724253, "energy": 70.170561, "activity_lines": [ 416.346671, 427.128186, 446.597338, 470.799885 ] }, { "date": "2025-12-12", "close": 392.200012, "volume": 407545, "typical_volume": 874615.4, "trend": 495.380908, "fair_value": 356.879688, "relative_strength": -22.666, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.806086, "energy": 77.847944, "activity_lines": [ 405.986674, 419.204551, 439.244975, 464.03674 ] }, { "date": "2025-12-19", "close": 385.450012, "volume": 266995, "typical_volume": 827598.25, "trend": 489.983679, "fair_value": 358.808247, "relative_strength": -23.061172, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.141211, "energy": 83.633681, "activity_lines": [ 395.303343, 411.443644, 432.025712, 456.944424 ] }, { "date": "2025-12-26", "close": 402.450012, "volume": 500857, "typical_volume": 780860.95, "trend": 484.336475, "fair_value": 360.752965, "relative_strength": -19.344796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.906628, "energy": 75.361213, "activity_lines": [ 395.073344, 407.866372, 427.313905, 451.297091 ] }, { "date": "2026-01-02", "close": 407.600006, "volume": 305321, "typical_volume": 638261.8, "trend": 478.990667, "fair_value": 362.71353, "relative_strength": -18.466801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.633606, "energy": 54.699961, "activity_lines": [ 398.620009, 405.960917, 423.866053, 446.346351 ] }, { "date": "2026-01-09", "close": 378.200012, "volume": 351301, "typical_volume": 575188.0, "trend": 473.488156, "fair_value": 364.484045, "relative_strength": -21.838415, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.878722, "energy": 57.430465, "activity_lines": [ 392.79001, 399.391827, 417.974874, 439.843728 ] }, { "date": "2026-01-16", "close": 346.600006, "volume": 699238, "typical_volume": 573638.9, "trend": 467.359762, "fair_value": 366.052631, "relative_strength": -27.753497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.813229, "energy": 63.92321, "activity_lines": [ 377.263342, 388.186372, 409.606007, 431.657396 ] }, { "date": "2026-01-23", "close": 316.899994, "volume": 652931, "typical_volume": 581888.8, "trend": 459.956955, "fair_value": 367.468341, "relative_strength": -31.683832, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.347939, "energy": 83.002931, "activity_lines": [ 354.87667, 372.935461, 398.971129, 421.950314 ] }, { "date": "2026-01-30", "close": 331.399994, "volume": 450443, "typical_volume": 568475.75, "trend": 451.775096, "fair_value": 368.998932, "relative_strength": -28.772391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.084191, "energy": 86.901507, "activity_lines": [ 341.893333, 362.872731, 390.420719, 413.656316 ] }, { "date": "2026-02-06", "close": 315.5, "volume": 1189634, "typical_volume": 595953.05, "trend": 442.334743, "fair_value": 370.434275, "relative_strength": -32.669434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.617644, "energy": 89.988816, "activity_lines": [ 328.346665, 351.77273, 381.110242, 404.864375 ] }, { "date": "2026-02-13", "close": 353.700012, "volume": 2660122, "typical_volume": 693185.3, "trend": 433.933211, "fair_value": 372.157083, "relative_strength": -23.55992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.786334, "energy": 73.526058, "activity_lines": [ 333.673336, 349.408186, 376.235719, 399.146005 ] }, { "date": "2026-02-20", "close": 358.950012, "volume": 1424755, "typical_volume": 747870.75, "trend": 427.393186, "fair_value": 373.918313, "relative_strength": -22.451353, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.92619, "energy": 55.181872, "activity_lines": [ 342.383339, 348.671823, 372.384291, 394.308379 ] }, { "date": "2026-02-27", "close": 340.0, "volume": 589017, "typical_volume": 748228.75, "trend": 419.659324, "fair_value": 375.549487, "relative_strength": -25.188799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.617902, "energy": 49.168608, "activity_lines": [ 343.953339, 345.094549, 367.250482, 388.670109 ] }, { "date": "2026-03-06", "close": 317.350006, "volume": 669245, "typical_volume": 753124.3, "trend": 411.408304, "fair_value": 377.036104, "relative_strength": -27.71453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.136929, "energy": 49.938666, "activity_lines": [ 336.433339, 338.225459, 360.462148, 382.069508 ] }, { "date": "2026-03-13", "close": 312.299988, "volume": 861356, "typical_volume": 782941.3, "trend": 405.734932, "fair_value": 378.511963, "relative_strength": -24.565691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.3555, "energy": 53.145706, "activity_lines": [ 328.166667, 331.985456, 353.790718, 375.675423 ] }, { "date": "2026-03-20", "close": 283.549988, "volume": 3387126, "typical_volume": 926373.7, "trend": 398.857071, "fair_value": 379.820375, "relative_strength": -30.981307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.586173, "energy": 62.645435, "activity_lines": [ 310.529995, 322.250908, 345.013573, 367.792523 ] }, { "date": "2026-03-27", "close": 273.75, "volume": 1163857, "typical_volume": 966355.4, "trend": 392.490807, "fair_value": 381.036405, "relative_strength": -32.099677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.922228, "energy": 82.523886, "activity_lines": [ 294.303329, 312.455453, 336.044287, 359.721099 ] }, { "date": "2026-04-03", "close": 297.5, "volume": 1581899, "typical_volume": 978340.1, "trend": 386.919536, "fair_value": 382.387831, "relative_strength": -25.408309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.246886, "energy": 69.352552, "activity_lines": [ 291.67333, 308.302726, 330.038573, 353.59266 ] }, { "date": "2026-04-10", "close": 325.049988, "volume": 1570831, "typical_volume": 990586.8, "trend": 381.428335, "fair_value": 383.916814, "relative_strength": -22.581355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.287886, "energy": 50.651266, "activity_lines": [ 301.059994, 309.511815, 327.417381, 349.601077 ] }, { "date": "2026-04-17", "close": 356.549988, "volume": 1310028, "typical_volume": 1032045.15, "trend": 377.211668, "fair_value": 385.640727, "relative_strength": -15.767701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.548083, "energy": 26.309424, "activity_lines": [ 320.433325, 316.563631, 328.311903, 347.996022 ] }, { "date": "2026-04-24", "close": 352.549988, "volume": 1467524, "typical_volume": 1075501.25, "trend": 373.511668, "fair_value": 387.316749, "relative_strength": -14.879596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.256946, "energy": 20.492094, "activity_lines": [ 335.523324, 322.141811, 329.098807, 346.404946 ] }, { "date": "2026-05-01", "close": 357.600006, "volume": 1143420, "typical_volume": 1112295.0, "trend": 369.810002, "fair_value": 389.023235, "relative_strength": -13.858633, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.668266, "energy": 21.435045, "activity_lines": [ 347.696661, 328.659085, 330.548569, 345.378387 ] }, { "date": "2026-05-08", "close": 387.950012, "volume": 2234665, "typical_volume": 1210678.5, "trend": 367.890002, "fair_value": 390.916961, "relative_strength": -7.216414, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 14.710246, "energy": 28.643316, "activity_lines": [ 364.396667, 340.719089, 335.05357, 346.54871 ] }, { "date": "2026-05-15", "close": 347.200012, "volume": 1141314, "typical_volume": 1242701.35, "trend": 364.700003, "fair_value": 392.54502, "relative_strength": -14.810616, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.27822, "energy": 19.962788, "activity_lines": [ 361.483339, 344.498182, 335.665714, 345.213872 ] }, { "date": "2026-05-22", "close": 366.100006, "volume": 1260649, "typical_volume": 1290467.75, "trend": 362.06667, "fair_value": 394.284696, "relative_strength": -9.797258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 21.244614, "energy": 26.521989, "activity_lines": [ 363.393341, 351.170911, 338.340953, 345.304195 ] }, { "date": "2026-05-29", "close": 350.149994, "volume": 1709074, "typical_volume": 1358356.4, "trend": 359.098336, "fair_value": 395.900833, "relative_strength": -12.286814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 16.082314, "energy": 19.543779, "activity_lines": [ 359.350004, 353.965456, 339.694762, 344.535377 ] }, { "date": "2026-06-05", "close": 357.100006, "volume": 252292, "typical_volume": 1336009.1, "trend": 356.965002, "fair_value": 397.559931, "relative_strength": -9.086063, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.964055, "energy": 11.025416, "activity_lines": [ 357.783337, 356.81273, 341.844048, 344.406453 ] }, { "date": "2026-06-12", "close": 358.5, "volume": 175548, "typical_volume": 1312139.95, "trend": 353.673336, "fair_value": 399.183184, "relative_strength": -9.011421, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.290583, "energy": 8.500969, "activity_lines": [ 356.716669, 358.399093, 344.076667, 344.505485 ] }, { "date": "2026-06-19", "close": 383.5, "volume": 286221, "typical_volume": 1303928.85, "trend": 352.011669, "fair_value": 400.79187, "relative_strength": -3.675687, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.011245, "energy": 23.583693, "activity_lines": [ 365.946667, 363.421821, 348.492143, 346.429786 ] }, { "date": "2026-06-26", "close": 366.149994, "volume": 0, "typical_volume": 1244447.15, "trend": 350.418335, "fair_value": 402.303323, "relative_strength": -7.575508, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.579352, "energy": 24.701765, "activity_lines": [ 366.973332, 364.227274, 351.007143, 347.341936 ] }, { "date": "2026-07-03", "close": 356.399994, "volume": 104194, "typical_volume": 1116650.75, "trend": 349.273335, "fair_value": 403.488133, "relative_strength": -9.995101, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.416204, "energy": 25.007378, "activity_lines": [ 364.746663, 363.085454, 352.35238, 347.727849 ] }, { "date": "2026-07-10", "close": 356.700012, "volume": 841381, "typical_volume": 1087482.05, "trend": 348.090001, "fair_value": 404.427568, "relative_strength": -8.705304, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.048965, "energy": 30.441999, "activity_lines": [ 362.203335, 361.928183, 353.713334, 348.20699 ] }, { "date": "2026-07-17", "close": 344.350006, "volume": 548802, "typical_volume": 1085471.3, "trend": 346.720001, "fair_value": 405.260818, "relative_strength": -11.258701, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 27.947678, "energy": 15.816999, "activity_lines": [ 355.570003, 358.54182, 353.908811, 347.9657 ] }, { "date": "2026-07-24", "close": 333.5, "volume": 409129, "typical_volume": 1072465.5, "trend": 344.421667, "fair_value": 406.082685, "relative_strength": -11.113168, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 10.231455, "energy": 14.540154, "activity_lines": [ 346.263336, 353.975456, 353.050239, 347.112796 ] }, { "date": "2026-07-31", "close": 331.0, "volume": 267933, "typical_volume": 1042794.35, "trend": 341.868334, "fair_value": 406.869455, "relative_strength": -12.979303, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -21.252952, "energy": 23.670385, "activity_lines": [ 339.456669, 349.203638, 351.876668, 346.246882 ] }, { "date": "2026-08-07", "close": 342.100006, "volume": 518918, "typical_volume": 899383.95, "trend": 340.665, "fair_value": 407.79127, "relative_strength": -9.714817, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -14.52469, "energy": 25.006548, "activity_lines": [ 338.693337, 347.088184, 351.671192, 346.261829 ] } ], "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." } } }