{ "ticker": { "uuid": "6bd10e4e-8c6b-491c-ba97-0f212d905acc", "symbol": "DONEAR", "name": "Donear Industries Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -62.441, "architecture_energy": 62.624, "architecture_maturity": 9.73, "architecture_confidence": 85.163, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 16.9, "rotation_up": 10.88, "upward_expansion": 13.4, "deceleration": 38.21, "rotation_down": 70.02, "downward_expansion": 89.07 }, "activity_lines": [ 84.714667, 85.9, 88.005191, 88.408861 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 84.480003, "trend_reference": 88.611, "distance_from_trend": -0.046619, "trend_direction": "Weakening", "fair_value": 106.277582, "distance_from_fair_value": -0.2051, "fair_value_direction": "Weakening", "relative_strength": -7.604033, "relative_strength_direction": "Weakening", "price_momentum": -0.073074, "excess_performance": -0.029365, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.046619, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.040363, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.2051, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.081179, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.07604, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.074746, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.073074, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.70782, "read": "Supply-led" } ], "volume": { "latest": 89452, "relative_activity": 0.875814, "balance": 0.70782, "dry_up": 0.612226, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.045455, "annualized_volatility": 0.236047, "from_high_reference": -0.274912, "from_low_reference": 0.08866 }, "levels": { "trend_reference": 88.611, "fair_value_reference": 106.277582, "structural_low": 79.019997, "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": 18, "median_return": 0.034868, "positive_rate": 0.611111, "directional_follow_through": 0.388889, "median_excess_return": 0.004295, "regime_survival": 0.777778, "best_return": 0.293341, "worst_return": -0.121822, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.014228, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.079737, "regime_survival": 0.428571, "best_return": 0.079024, "worst_return": -0.165859, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.04987, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.047069, "regime_survival": 0.25, "best_return": 0.301561, "worst_return": -0.144443, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.402545, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.29174, "regime_survival": 0.0, "best_return": 1.011596, "worst_return": -0.206507, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-06", "end": "2024-11-15", "tenure": "Developing", "return": -0.10427, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-11-29", "tenure": "New", "return": 0.089813, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-06", "end": "2024-12-13", "tenure": "New", "return": 0.048617, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-12-20", "end": "2025-01-03", "tenure": "New", "return": 0.028275, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": -0.145348, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-31", "end": "2025-02-21", "tenure": "New", "return": -0.158042, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-28", "end": "2025-03-14", "tenure": "New", "return": 0.003795, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-11-14", "tenure": "Extended", "return": -0.057722, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2025-11-28", "tenure": "New", "return": 0.066111, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-05", "end": "2025-12-12", "tenure": "New", "return": -0.023196, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-01-09", "tenure": "New", "return": -0.071258, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-16", "end": "2026-04-24", "tenure": "Established", "return": 0.065017, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-07-17", "tenure": "Developing", "return": -0.084176, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": -0.01527, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 89.004738, "volume": 372800, "typical_volume": 1124567.75, "trend": 91.883721, "fair_value": 58.35645, "relative_strength": 1.577872, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.718672, "energy": 21.427169, "activity_lines": [ 91.066598, 92.616459, 93.753316, 93.009445 ] }, { "date": "2023-08-25", "close": 93.927345, "volume": 1245166, "typical_volume": 1158620.15, "trend": 91.810793, "fair_value": 58.768995, "relative_strength": 6.620945, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.539365, "energy": 15.749321, "activity_lines": [ 91.756094, 92.784614, 93.705487, 93.141292 ] }, { "date": "2023-09-01", "close": 104.120628, "volume": 4441357, "typical_volume": 1348667.95, "trend": 92.261618, "fair_value": 59.265743, "relative_strength": 16.072803, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.406645, "energy": 30.985151, "activity_lines": [ 95.826777, 94.720208, 94.592456, 93.935475 ] }, { "date": "2023-09-08", "close": 115.507271, "volume": 7051429, "typical_volume": 1588937.6, "trend": 93.163267, "fair_value": 59.839884, "relative_strength": 25.001078, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 75.661807, "energy": 66.064469, "activity_lines": [ 102.986936, 98.510029, 96.487151, 95.435194 ] }, { "date": "2023-09-15", "close": 108.695175, "volume": 3988325, "typical_volume": 1560291.6, "trend": 93.942265, "fair_value": 60.363767, "relative_strength": 14.507366, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.401769, "energy": 65.92689, "activity_lines": [ 106.315085, 100.714129, 97.650914, 96.437253 ] }, { "date": "2023-09-22", "close": 106.353889, "volume": 1299483, "typical_volume": 1575235.2, "trend": 94.866976, "fair_value": 60.881507, "relative_strength": 14.053115, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.456406, "energy": 68.105711, "activity_lines": [ 107.682704, 102.259292, 98.58483, 97.238003 ] }, { "date": "2023-09-29", "close": 107.00148, "volume": 1429870, "typical_volume": 1599100.3, "trend": 95.4072, "fair_value": 61.400866, "relative_strength": 13.926129, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.853761, "energy": 65.733305, "activity_lines": [ 108.109577, 103.752314, 99.559369, 98.020874 ] }, { "date": "2023-10-06", "close": 107.698875, "volume": 1087870, "typical_volume": 1610679.0, "trend": 95.912659, "fair_value": 61.927545, "relative_strength": 13.589411, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.98259, "energy": 42.773374, "activity_lines": [ 107.897306, 105.129903, 100.557011, 98.813885 ] }, { "date": "2023-10-13", "close": 109.342758, "volume": 2309126, "typical_volume": 1625010.65, "trend": 96.764624, "fair_value": 62.471411, "relative_strength": 13.778093, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.555129, "energy": 37.444976, "activity_lines": [ 107.994446, 106.548757, 101.655579, 99.680343 ] }, { "date": "2023-10-20", "close": 107.449806, "volume": 1742653, "typical_volume": 1679958.35, "trend": 97.628076, "fair_value": 62.998076, "relative_strength": 12.008124, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.940404, "energy": 33.33415, "activity_lines": [ 107.871569, 107.309706, 102.521059, 100.36971 ] }, { "date": "2023-10-27", "close": 97.486916, "volume": 1714740, "typical_volume": 1742023.4, "trend": 98.205841, "fair_value": 63.472909, "relative_strength": 3.498482, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.954754, "energy": 16.748392, "activity_lines": [ 104.510754, 105.960019, 102.369275, 100.360603 ] }, { "date": "2023-11-03", "close": 99.828194, "volume": 679510, "typical_volume": 1755478.95, "trend": 98.654467, "fair_value": 63.96275, "relative_strength": 4.189209, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.184676, "energy": 14.444506, "activity_lines": [ 102.521496, 104.881797, 102.411917, 100.465271 ] }, { "date": "2023-11-10", "close": 93.501755, "volume": 874624, "typical_volume": 1726760.8, "trend": 98.837517, "fair_value": 64.403171, "relative_strength": -3.896857, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 9.512826, "energy": 13.890979, "activity_lines": [ 98.901645, 102.546025, 101.801448, 100.132838 ] }, { "date": "2023-11-17", "close": 96.141922, "volume": 472527, "typical_volume": 1729031.45, "trend": 98.767138, "fair_value": 64.856084, "relative_strength": -3.273711, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.056499, "energy": 19.503063, "activity_lines": [ 97.108323, 100.883355, 101.436399, 99.958928 ] }, { "date": "2023-11-24", "close": 106.95166, "volume": 2959485, "typical_volume": 1797063.15, "trend": 98.757087, "fair_value": 65.354225, "relative_strength": 6.458978, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.641439, "energy": 14.154524, "activity_lines": [ 99.798304, 101.538188, 102.102143, 100.486962 ] }, { "date": "2023-12-01", "close": 102.368736, "volume": 617843, "typical_volume": 1749158.35, "trend": 98.771618, "fair_value": 65.78626, "relative_strength": -1.052329, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.501335, "energy": 9.127409, "activity_lines": [ 100.993853, 101.391462, 102.278631, 100.719972 ] }, { "date": "2023-12-08", "close": 100.226715, "volume": 782210, "typical_volume": 1756506.5, "trend": 98.849001, "fair_value": 66.226411, "relative_strength": -6.499999, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.745125, "energy": 10.406086, "activity_lines": [ 101.14994, 100.927736, 102.225601, 100.813849 ] }, { "date": "2023-12-15", "close": 99.977638, "volume": 700338, "typical_volume": 1735905.15, "trend": 98.981065, "fair_value": 66.641852, "relative_strength": -8.903471, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.700192, "energy": 14.174441, "activity_lines": [ 101.196433, 100.5419, 102.117668, 100.886664 ] }, { "date": "2023-12-22", "close": 101.970215, "volume": 1663632, "typical_volume": 1789206.95, "trend": 99.104962, "fair_value": 67.084947, "relative_strength": -6.810422, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.15009, "energy": 11.438551, "activity_lines": [ 101.475394, 100.658738, 102.168799, 101.079513 ] }, { "date": "2023-12-29", "close": 98.931541, "volume": 469779, "typical_volume": 1795138.35, "trend": 99.299945, "fair_value": 67.500015, "relative_strength": -11.108627, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.759309, "energy": 8.109438, "activity_lines": [ 100.35291, 100.357135, 101.883472, 101.068324 ] }, { "date": "2024-01-05", "close": 102.717438, "volume": 951092, "typical_volume": 1824052.95, "trend": 99.674163, "fair_value": 67.92162, "relative_strength": -7.213247, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.563765, "energy": 10.355562, "activity_lines": [ 101.027066, 100.898755, 101.920908, 101.288808 ] }, { "date": "2024-01-12", "close": 105.257973, "volume": 3562090, "typical_volume": 1939899.15, "trend": 100.209308, "fair_value": 68.367109, "relative_strength": -5.235448, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.328821, "energy": 16.273254, "activity_lines": [ 102.524821, 101.80719, 102.135001, 101.649053 ] }, { "date": "2024-01-19", "close": 103.365028, "volume": 1594467, "typical_volume": 1797554.65, "trend": 100.58025, "fair_value": 68.802047, "relative_strength": -5.450257, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.228335, "energy": 19.033483, "activity_lines": [ 103.056176, 102.272729, 102.114858, 101.852648 ] }, { "date": "2024-01-26", "close": 102.069839, "volume": 467339, "typical_volume": 1468350.15, "trend": 100.768794, "fair_value": 69.240398, "relative_strength": -5.210278, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.717367, "energy": 21.307232, "activity_lines": [ 102.929976, 102.323448, 101.974962, 101.948751 ] }, { "date": "2024-02-02", "close": 112.331627, "volume": 3945765, "typical_volume": 1466222.15, "trend": 101.31763, "fair_value": 69.741364, "relative_strength": 1.901489, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.051715, "energy": 46.943271, "activity_lines": [ 106.217731, 104.132166, 102.876366, 102.69474 ] }, { "date": "2024-02-09", "close": 103.514465, "volume": 3336340, "typical_volume": 1568065.0, "trend": 101.534439, "fair_value": 70.194991, "relative_strength": -5.71714, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.433847, "energy": 34.660994, "activity_lines": [ 105.673092, 104.239946, 102.920725, 102.836471 ] }, { "date": "2024-02-16", "close": 105.058716, "volume": 1136431, "typical_volume": 1553393.05, "trend": 101.913772, "fair_value": 70.654085, "relative_strength": -5.435742, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.635664, "energy": 30.31288, "activity_lines": [ 105.590068, 104.607667, 103.125676, 103.063844 ] }, { "date": "2024-02-23", "close": 101.87059, "volume": 503231, "typical_volume": 1524161.1, "trend": 102.191806, "fair_value": 71.097808, "relative_strength": -9.044988, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.251021, "energy": 19.067344, "activity_lines": [ 104.45762, 104.307875, 103.036247, 103.061058 ] }, { "date": "2024-03-01", "close": 104.311493, "volume": 1806486, "typical_volume": 1499029.1, "trend": 102.59927, "fair_value": 71.54008, "relative_strength": -7.217439, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.945547, "energy": 12.09998, "activity_lines": [ 104.238435, 104.417466, 103.20704, 103.197812 ] }, { "date": "2024-03-08", "close": 102.468361, "volume": 451592, "typical_volume": 1434476.05, "trend": 102.98176, "fair_value": 71.97212, "relative_strength": -9.220928, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.949063, "energy": 10.914208, "activity_lines": [ 103.25543, 104.149373, 103.226254, 103.189366 ] }, { "date": "2024-03-15", "close": 97.088394, "volume": 705802, "typical_volume": 1384029.15, "trend": 103.251215, "fair_value": 72.39437, "relative_strength": -11.985104, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.844501, "energy": 22.554001, "activity_lines": [ 101.136653, 102.838799, 102.756811, 102.809149 ] }, { "date": "2024-03-22", "close": 99.878006, "volume": 352520, "typical_volume": 1367679.65, "trend": 103.44957, "fair_value": 72.849701, "relative_strength": -9.655552, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.878893, "energy": 27.408834, "activity_lines": [ 100.376151, 102.137773, 102.554943, 102.591523 ] }, { "date": "2024-03-29", "close": 96.98877, "volume": 314900, "typical_volume": 1339693.45, "trend": 103.211842, "fair_value": 73.273846, "relative_strength": -13.08208, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.666224, "energy": 38.687201, "activity_lines": [ 98.997951, 101.009249, 102.077673, 102.174697 ] }, { "date": "2024-04-05", "close": 104.809639, "volume": 443458, "typical_volume": 1338240.0, "trend": 102.855254, "fair_value": 73.750024, "relative_strength": -6.762128, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.985663, "energy": 20.942969, "activity_lines": [ 100.552163, 101.418633, 102.328643, 102.277781 ] }, { "date": "2024-04-12", "close": 108.097397, "volume": 841616, "typical_volume": 1232346.55, "trend": 102.835328, "fair_value": 74.258993, "relative_strength": -3.81116, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.967192, "energy": 5.41531, "activity_lines": [ 103.169084, 102.375977, 102.851458, 102.615983 ] }, { "date": "2024-04-19", "close": 104.361313, "volume": 491711, "typical_volume": 1226039.95, "trend": 102.768909, "fair_value": 74.751612, "relative_strength": -5.25917, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.641546, "energy": 6.766158, "activity_lines": [ 104.165374, 102.731019, 103.012999, 102.714434 ] }, { "date": "2024-04-26", "close": 103.912987, "volume": 748326, "typical_volume": 1224345.75, "trend": 102.665959, "fair_value": 75.237241, "relative_strength": -6.343066, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.471287, "energy": 20.792602, "activity_lines": [ 104.527362, 102.989149, 103.122354, 102.788246 ] }, { "date": "2024-05-03", "close": 103.863174, "volume": 350810, "typical_volume": 1206869.35, "trend": 102.538102, "fair_value": 75.70292, "relative_strength": -6.249111, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.611204, "energy": 24.271711, "activity_lines": [ 104.603746, 103.259055, 103.209412, 102.865485 ] }, { "date": "2024-05-10", "close": 100.774673, "volume": 776459, "typical_volume": 1162510.7, "trend": 102.252499, "fair_value": 76.134552, "relative_strength": -7.020332, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.572909, "energy": 9.888632, "activity_lines": [ 103.192336, 102.931186, 102.983824, 102.751716 ] }, { "date": "2024-05-17", "close": 102.468361, "volume": 254311, "typical_volume": 1151737.3, "trend": 102.086451, "fair_value": 76.564059, "relative_strength": -6.926908, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 25.812349, "energy": 10.732723, "activity_lines": [ 102.614487, 102.975566, 102.925232, 102.765642 ] }, { "date": "2024-05-24", "close": 103.912987, "volume": 369347, "typical_volume": 1122650.05, "trend": 102.300654, "fair_value": 76.991111, "relative_strength": -7.348087, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 28.691092, "energy": 11.857379, "activity_lines": [ 102.893449, 103.282605, 102.987382, 102.883483 ] }, { "date": "2024-05-31", "close": 104.909279, "volume": 703924, "typical_volume": 979741.75, "trend": 102.470023, "fair_value": 77.428982, "relative_strength": -4.552001, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 31.830747, "energy": 12.374713, "activity_lines": [ 103.534396, 103.646704, 103.138724, 103.051782 ] }, { "date": "2024-06-07", "close": 106.15464, "volume": 741774, "typical_volume": 937107.1, "trend": 102.891786, "fair_value": 77.866288, "relative_strength": -6.431579, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 45.924622, "energy": 24.818686, "activity_lines": [ 104.524045, 104.145756, 103.410332, 103.289499 ] }, { "date": "2024-06-14", "close": 129.059326, "volume": 8371518, "typical_volume": 1332316.05, "trend": 103.989033, "fair_value": 78.434586, "relative_strength": 12.568401, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.873204, "energy": 70.715247, "activity_lines": [ 112.995824, 108.642643, 105.850055, 104.977727 ] }, { "date": "2024-06-21", "close": 138.55397, "volume": 4101922, "typical_volume": 1340123.9, "trend": 105.042443, "fair_value": 79.064698, "relative_strength": 20.215849, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.888223, "energy": 86.884745, "activity_lines": [ 122.746841, 114.424926, 109.065508, 107.207723 ] }, { "date": "2024-06-28", "close": 135.236313, "volume": 3216411, "typical_volume": 1334127.45, "trend": 106.138029, "fair_value": 79.623198, "relative_strength": 14.574281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.455536, "energy": 88.130586, "activity_lines": [ 128.986265, 119.050243, 111.840126, 109.155715 ] }, { "date": "2024-07-05", "close": 129.955994, "volume": 1152123, "typical_volume": 1334912.05, "trend": 107.129005, "fair_value": 80.162732, "relative_strength": 8.5199, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.234486, "energy": 84.440842, "activity_lines": [ 131.377362, 122.154138, 113.9608, 110.692358 ] }, { "date": "2024-07-12", "close": 121.527382, "volume": 991305, "typical_volume": 1359315.75, "trend": 107.84733, "fair_value": 80.600425, "relative_strength": 0.742557, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.524678, "energy": 77.251447, "activity_lines": [ 129.289139, 123.252049, 115.16019, 111.621285 ] }, { "date": "2024-07-19", "close": 126.757896, "volume": 2009967, "typical_volume": 1369489.8, "trend": 108.673586, "fair_value": 81.071964, "relative_strength": 4.782279, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.651769, "energy": 48.14382, "activity_lines": [ 127.919572, 124.979795, 116.764121, 112.841322 ] }, { "date": "2024-07-26", "close": 142.519196, "volume": 3868971, "typical_volume": 1540358.75, "trend": 110.126508, "fair_value": 81.591342, "relative_strength": 15.927121, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.606674, "energy": 51.407619, "activity_lines": [ 131.957201, 129.10081, 119.76224, 115.02491 ] }, { "date": "2024-08-02", "close": 149.323868, "volume": 2244890, "typical_volume": 1617313.15, "trend": 111.680055, "fair_value": 82.168272, "relative_strength": 21.413865, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.095191, "energy": 55.435433, "activity_lines": [ 137.998705, 133.730841, 123.217705, 117.553772 ] }, { "date": "2024-08-09", "close": 150.240433, "volume": 3450665, "typical_volume": 1772220.4, "trend": 113.179471, "fair_value": 82.794455, "relative_strength": 23.20899, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.5978, "energy": 58.407097, "activity_lines": [ 143.40656, 137.701867, 126.511722, 120.041538 ] }, { "date": "2024-08-16", "close": 132.337128, "volume": 1450895, "typical_volume": 1829020.15, "trend": 114.145207, "fair_value": 83.326772, "relative_strength": 7.435572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.64074, "energy": 48.523913, "activity_lines": [ 141.494351, 137.593545, 127.860841, 121.277516 ] }, { "date": "2024-08-23", "close": 129.89621, "volume": 445763, "typical_volume": 1829135.4, "trend": 115.072753, "fair_value": 83.805446, "relative_strength": 4.113343, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.565117, "energy": 39.354374, "activity_lines": [ 138.047853, 136.565374, 128.809166, 122.29371 ] }, { "date": "2024-08-30", "close": 125.193726, "volume": 236638, "typical_volume": 1798886.5, "trend": 115.50149, "fair_value": 84.223579, "relative_strength": -1.147037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.851212, "energy": 23.157321, "activity_lines": [ 132.824639, 134.66699, 129.190175, 122.946676 ] }, { "date": "2024-09-06", "close": 123.04174, "volume": 204480, "typical_volume": 1784524.95, "trend": 116.152399, "fair_value": 84.638683, "relative_strength": -1.013451, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.898718, "energy": 21.373032, "activity_lines": [ 128.039128, 132.620249, 129.284823, 123.433143 ] }, { "date": "2024-09-13", "close": 124.346878, "volume": 158022, "typical_volume": 1755009.75, "trend": 116.795337, "fair_value": 85.060247, "relative_strength": -1.772311, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.604135, "energy": 21.598462, "activity_lines": [ 125.440805, 131.032525, 129.414814, 123.961819 ] }, { "date": "2024-09-20", "close": 119.453041, "volume": 143603, "typical_volume": 1744649.4, "trend": 117.381419, "fair_value": 85.449805, "relative_strength": -6.950243, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.694088, "energy": 15.269955, "activity_lines": [ 122.93744, 128.656997, 128.981422, 124.133284 ] }, { "date": "2024-09-27", "close": 119.792343, "volume": 162884, "typical_volume": 1713970.65, "trend": 117.897447, "fair_value": 85.852339, "relative_strength": -7.757938, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.300957, "energy": 15.447703, "activity_lines": [ 121.406115, 126.380875, 128.506107, 124.288828 ] }, { "date": "2024-10-04", "close": 114.513252, "volume": 152464, "typical_volume": 1708878.3, "trend": 118.298944, "fair_value": 86.217539, "relative_strength": -7.394744, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -5.105262, "energy": 19.877587, "activity_lines": [ 118.788683, 123.271566, 127.437461, 124.070492 ] }, { "date": "2024-10-11", "close": 118.60479, "volume": 148659, "typical_volume": 1697843.9, "trend": 119.016157, "fair_value": 86.603883, "relative_strength": -3.598114, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.464166, "energy": 25.654266, "activity_lines": [ 118.24713, 121.415371, 126.701129, 124.090224 ] }, { "date": "2024-10-18", "close": 126.159172, "volume": 395184, "typical_volume": 1682406.9, "trend": 119.892196, "fair_value": 87.055809, "relative_strength": 3.166711, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 5.428834, "energy": 12.847497, "activity_lines": [ 120.5195, 121.491229, 126.6143, 124.551064 ] }, { "date": "2024-10-25", "close": 114.024269, "volume": 24299, "typical_volume": 1646533.15, "trend": 120.460046, "fair_value": 87.444562, "relative_strength": -4.00942, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.404121, "energy": 20.857021, "activity_lines": [ 118.626083, 119.798581, 125.270577, 124.172488 ] }, { "date": "2024-11-01", "close": 117.137825, "volume": 45591, "typical_volume": 1230236.8, "trend": 120.870985, "fair_value": 87.815148, "relative_strength": -1.746691, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.210507, "energy": 15.579296, "activity_lines": [ 118.132437, 119.004997, 124.185908, 123.958151 ] }, { "date": "2024-11-08", "close": 115.521172, "volume": 40123, "typical_volume": 1027146.85, "trend": 121.118445, "fair_value": 88.113101, "relative_strength": -2.464845, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.910103, "energy": 20.821571, "activity_lines": [ 117.276873, 118.149445, 123.004042, 123.613002 ] }, { "date": "2024-11-15", "close": 110.212151, "volume": 34751, "typical_volume": 868063.85, "trend": 121.313473, "fair_value": 88.408474, "relative_strength": -4.442638, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.928008, "energy": 51.188345, "activity_lines": [ 114.584442, 116.504482, 121.426234, 122.90937 ] }, { "date": "2024-11-22", "close": 106.779243, "volume": 36776, "typical_volume": 812296.5, "trend": 121.409014, "fair_value": 88.713294, "relative_strength": -8.533368, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.276357, "energy": 61.958548, "activity_lines": [ 111.307217, 114.468619, 119.640645, 121.971678 ] }, { "date": "2024-11-29", "close": 116.369415, "volume": 93702, "typical_volume": 767416.35, "trend": 121.825889, "fair_value": 89.079273, "relative_strength": -1.154243, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.445903, "energy": 58.757454, "activity_lines": [ 112.518711, 114.495835, 118.878772, 121.646543 ] }, { "date": "2024-12-06", "close": 127.676041, "volume": 158702, "typical_volume": 674853.1, "trend": 122.722601, "fair_value": 89.498349, "relative_strength": 5.882744, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.651662, "energy": 19.462895, "activity_lines": [ 117.342738, 116.634868, 119.218282, 122.023972 ] }, { "date": "2024-12-13", "close": 133.883209, "volume": 696388, "typical_volume": 516223.95, "trend": 123.769763, "fair_value": 89.970877, "relative_strength": 10.300903, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.048315, "energy": 12.385831, "activity_lines": [ 123.533273, 119.759136, 120.144578, 122.744011 ] }, { "date": "2024-12-20", "close": 160.587997, "volume": 10064176, "typical_volume": 907188.25, "trend": 125.65893, "fair_value": 90.613954, "relative_strength": 37.82601, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.473129, "energy": 44.948328, "activity_lines": [ 137.401268, 127.386639, 123.655312, 125.119381 ] }, { "date": "2024-12-27", "close": 152.724243, "volume": 1634212, "typical_volume": 816365.6, "trend": 127.252762, "fair_value": 91.178345, "relative_strength": 28.899606, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.319213, "energy": 57.37879, "activity_lines": [ 145.289622, 132.821038, 126.363478, 126.86553 ] }, { "date": "2025-01-03", "close": 165.128616, "volume": 1578177, "typical_volume": 822729.7, "trend": 129.218561, "fair_value": 91.801602, "relative_strength": 37.119658, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.199964, "energy": 82.999608, "activity_lines": [ 154.249767, 140.027776, 130.241185, 129.309134 ] }, { "date": "2025-01-10", "close": 149.949982, "volume": 1269233, "typical_volume": 863903.2, "trend": 129.914917, "fair_value": 92.303413, "relative_strength": 26.788135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.1874, "energy": 76.352295, "activity_lines": [ 154.899754, 143.545593, 132.517158, 130.646645 ] }, { "date": "2025-01-17", "close": 150.199463, "volume": 733533, "typical_volume": 888747.95, "trend": 130.3031, "fair_value": 92.789032, "relative_strength": 27.426812, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.128259, "energy": 61.31847, "activity_lines": [ 154.147972, 146.512185, 134.721396, 131.955325 ] }, { "date": "2025-01-24", "close": 128.155045, "volume": 484880, "typical_volume": 902767.95, "trend": 130.067057, "fair_value": 93.167335, "relative_strength": 8.929983, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.005357, "energy": 32.870931, "activity_lines": [ 144.9603, 144.840187, 134.707092, 131.816741 ] }, { "date": "2025-01-31", "close": 128.434464, "volume": 598902, "typical_volume": 924811.95, "trend": 130.01634, "fair_value": 93.540122, "relative_strength": 7.104081, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.006185, "energy": 17.495284, "activity_lines": [ 138.027965, 142.892757, 134.69505, 131.711412 ] }, { "date": "2025-02-07", "close": 125.999512, "volume": 556020, "typical_volume": 945432.8, "trend": 130.165411, "fair_value": 93.894759, "relative_strength": 4.608635, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.360433, "energy": 18.268271, "activity_lines": [ 131.903297, 140.108878, 134.431643, 131.452262 ] }, { "date": "2025-02-14", "close": 107.068642, "volume": 471004, "typical_volume": 960838.8, "trend": 129.509102, "fair_value": 94.152507, "relative_strength": -8.62991, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.181653, "energy": 28.017422, "activity_lines": [ 122.076947, 133.70793, 132.334122, 129.962148 ] }, { "date": "2025-02-21", "close": 108.136436, "volume": 516161, "typical_volume": 979023.65, "trend": 128.36301, "fair_value": 94.468252, "relative_strength": -7.23385, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.570909, "energy": 32.170429, "activity_lines": [ 115.465284, 127.875806, 130.398885, 128.583266 ] }, { "date": "2025-02-28", "close": 102.567947, "volume": 313114, "typical_volume": 987246.4, "trend": 126.804479, "fair_value": 94.756244, "relative_strength": -9.330035, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.185898, "energy": 47.471364, "activity_lines": [ 109.80166, 121.499353, 127.963681, 126.919069 ] }, { "date": "2025-03-07", "close": 106.499825, "volume": 432184, "typical_volume": 989096.4, "trend": 125.346459, "fair_value": 95.067851, "relative_strength": -7.698045, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.956077, "energy": 50.243316, "activity_lines": [ 107.154468, 116.892696, 125.979308, 125.609091 ] }, { "date": "2025-03-14", "close": 102.957146, "volume": 294599, "typical_volume": 1002611.4, "trend": 124.367126, "fair_value": 95.362786, "relative_strength": -10.21331, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.311346, "energy": 60.385633, "activity_lines": [ 104.788692, 112.48236, 123.751153, 124.164619 ] }, { "date": "2025-03-21", "close": 108.71524, "volume": 521459, "typical_volume": 1026404.8, "trend": 123.661094, "fair_value": 95.697491, "relative_strength": -9.108384, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.881387, "energy": 55.562264, "activity_lines": [ 105.878439, 110.249341, 122.124088, 123.15482 ] }, { "date": "2025-03-28", "close": 104.972977, "volume": 1017741, "typical_volume": 1075285.7, "trend": 122.987069, "fair_value": 96.018056, "relative_strength": -12.906533, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.760297, "energy": 47.169418, "activity_lines": [ 105.610992, 108.085633, 120.180725, 121.949135 ] }, { "date": "2025-04-04", "close": 118.993988, "volume": 2202641, "typical_volume": 1183680.2, "trend": 122.852144, "fair_value": 96.402129, "relative_strength": 1.17183, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.766575, "energy": 30.058144, "activity_lines": [ 110.228112, 109.293499, 119.622926, 121.691517 ] }, { "date": "2025-04-11", "close": 114.373543, "volume": 702547, "typical_volume": 1216968.75, "trend": 122.5197, "fair_value": 96.753407, "relative_strength": -2.50993, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.776885, "energy": 22.593696, "activity_lines": [ 112.210015, 109.827849, 118.583266, 121.14451 ] }, { "date": "2025-04-18", "close": 116.698738, "volume": 371556, "typical_volume": 1230861.45, "trend": 122.42789, "fair_value": 97.099892, "relative_strength": -4.85901, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.319009, "energy": 19.938128, "activity_lines": [ 114.442068, 111.040615, 117.72889, 120.768964 ] }, { "date": "2025-04-25", "close": 108.206291, "volume": 431261, "typical_volume": 1244489.4, "trend": 122.041688, "fair_value": 97.414814, "relative_strength": -12.427688, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.631098, "energy": 22.206983, "activity_lines": [ 112.927199, 110.878405, 116.064141, 119.851442 ] }, { "date": "2025-05-02", "close": 106.270294, "volume": 251212, "typical_volume": 1222230.6, "trend": 121.766923, "fair_value": 97.750049, "relative_strength": -14.998744, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.948219, "energy": 26.459738, "activity_lines": [ 110.800928, 110.34351, 114.307725, 118.833933 ] }, { "date": "2025-05-09", "close": 104.523903, "volume": 378323, "typical_volume": 737937.95, "trend": 121.29756, "fair_value": 98.108084, "relative_strength": -15.147663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.586728, "energy": 36.578857, "activity_lines": [ 108.006039, 109.52502, 112.516476, 117.72148 ] }, { "date": "2025-05-16", "close": 114.203896, "volume": 401863, "typical_volume": 676320.5, "trend": 120.89905, "fair_value": 98.489728, "relative_strength": -11.039848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.027275, "energy": 32.946175, "activity_lines": [ 109.402486, 110.430966, 111.914103, 117.263824 ] }, { "date": "2025-05-23", "close": 115.04216, "volume": 973610, "typical_volume": 646092.15, "trend": 120.93298, "fair_value": 98.900256, "relative_strength": -9.820618, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.998514, "energy": 26.157125, "activity_lines": [ 111.089665, 111.349249, 111.574994, 116.88596 ] }, { "date": "2025-05-30", "close": 108.605469, "volume": 502465, "typical_volume": 607753.75, "trend": 120.648568, "fair_value": 99.260944, "relative_strength": -14.427805, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.323879, "energy": 22.379781, "activity_lines": [ 110.741718, 110.877498, 110.861375, 116.090637 ] }, { "date": "2025-06-06", "close": 109.234169, "volume": 280689, "typical_volume": 585111.55, "trend": 120.439001, "fair_value": 99.626616, "relative_strength": -14.740646, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.823321, "energy": 14.942991, "activity_lines": [ 110.576726, 110.522051, 110.40451, 115.354224 ] }, { "date": "2025-06-13", "close": 108.745178, "volume": 438450, "typical_volume": 582790.05, "trend": 120.390102, "fair_value": 100.029503, "relative_strength": -13.78948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.130548, "energy": 20.575119, "activity_lines": [ 110.051146, 110.000221, 110.096148, 114.599784 ] }, { "date": "2025-06-20", "close": 107.168434, "volume": 335262, "typical_volume": 569608.05, "trend": 120.403075, "fair_value": 100.419105, "relative_strength": -15.855528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.303351, "energy": 28.882123, "activity_lines": [ 108.718566, 109.378051, 109.730047, 113.746773 ] }, { "date": "2025-06-27", "close": 108.156395, "volume": 264182, "typical_volume": 555016.15, "trend": 120.129308, "fair_value": 100.781998, "relative_strength": -16.371812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.352093, "energy": 29.142716, "activity_lines": [ 108.184337, 109.066514, 109.559305, 112.956664 ] }, { "date": "2025-07-04", "close": 107.866989, "volume": 289930, "typical_volume": 545962.45, "trend": 119.469006, "fair_value": 101.14812, "relative_strength": -15.660767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.364034, "energy": 30.459496, "activity_lines": [ 108.01269, 108.857672, 109.445967, 112.165547 ] }, { "date": "2025-07-11", "close": 109.11441, "volume": 1187920, "typical_volume": 579550.4, "trend": 118.64338, "fair_value": 101.529862, "relative_strength": -13.424007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.353481, "energy": 26.390384, "activity_lines": [ 108.306082, 108.881803, 109.44763, 111.497509 ] }, { "date": "2025-07-18", "close": 107.31813, "volume": 254775, "typical_volume": 576633.45, "trend": 116.867717, "fair_value": 101.889288, "relative_strength": -13.943429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.578867, "energy": 25.146882, "activity_lines": [ 108.008699, 108.527627, 109.273561, 110.766847 ] }, { "date": "2025-07-25", "close": 102.887291, "volume": 291218, "typical_volume": 569585.15, "trend": 115.206486, "fair_value": 102.223806, "relative_strength": -16.547071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.987762, "energy": 33.016493, "activity_lines": [ 106.329505, 107.317039, 108.654888, 109.864884 ] }, { "date": "2025-08-01", "close": 99.514267, "volume": 247091, "typical_volume": 567209.75, "trend": 113.019341, "fair_value": 102.52463, "relative_strength": -17.756258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.380138, "energy": 48.977669, "activity_lines": [ 103.81138, 105.698931, 107.732177, 108.852483 ] }, { "date": "2025-08-08", "close": 95.821892, "volume": 169397, "typical_volume": 549606.65, "trend": 111.215071, "fair_value": 102.805596, "relative_strength": -19.448953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.674588, "energy": 67.952034, "activity_lines": [ 100.638605, 103.691807, 106.474206, 107.74297 ] }, { "date": "2025-08-15", "close": 96.480537, "volume": 75091, "typical_volume": 502474.15, "trend": 109.42444, "fair_value": 103.092374, "relative_strength": -19.308815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.19613, "energy": 73.922714, "activity_lines": [ 98.488384, 102.036865, 105.34036, 106.792355 ] }, { "date": "2025-08-22", "close": 96.630226, "volume": 242172, "typical_volume": 404450.7, "trend": 108.373613, "fair_value": 103.36772, "relative_strength": -19.53005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.231921, "energy": 76.198573, "activity_lines": [ 97.230319, 100.641024, 104.26121, 105.966922 ] }, { "date": "2025-08-29", "close": 93.456787, "volume": 74016, "typical_volume": 373024.15, "trend": 107.20769, "fair_value": 103.615098, "relative_strength": -20.400698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.368216, "energy": 80.686881, "activity_lines": [ 95.626967, 98.888466, 102.986322, 105.004546 ] }, { "date": "2025-09-05", "close": 95.063469, "volume": 101226, "typical_volume": 359507.65, "trend": 106.176489, "fair_value": 103.83624, "relative_strength": -19.704194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.279498, "energy": 72.963044, "activity_lines": [ 95.187876, 97.677334, 101.964055, 104.221048 ] }, { "date": "2025-09-12", "close": 96.530434, "volume": 299128, "typical_volume": 352901.0, "trend": 105.825215, "fair_value": 104.076681, "relative_strength": -19.332375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.108293, "energy": 59.642144, "activity_lines": [ 95.534493, 96.970977, 101.184524, 103.598722 ] }, { "date": "2025-09-19", "close": 96.589996, "volume": 175508, "typical_volume": 349115.8, "trend": 105.440334, "fair_value": 104.318779, "relative_strength": -19.696518, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.501994, "energy": 47.370178, "activity_lines": [ 95.853728, 96.481568, 100.466265, 103.002901 ] }, { "date": "2025-09-26", "close": 95.220001, "volume": 294407, "typical_volume": 344920.0, "trend": 105.195403, "fair_value": 104.576638, "relative_strength": -18.440912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.331992, "energy": 42.525086, "activity_lines": [ 95.709001, 95.970786, 99.663627, 102.343525 ] }, { "date": "2025-10-03", "close": 94.07, "volume": 141880, "typical_volume": 331920.85, "trend": 104.781075, "fair_value": 104.812145, "relative_strength": -19.941472, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.641601, "energy": 42.013048, "activity_lines": [ 95.274955, 95.470879, 98.795769, 101.625757 ] }, { "date": "2025-10-10", "close": 92.82, "volume": 88008, "typical_volume": 287640.75, "trend": 104.44317, "fair_value": 105.03422, "relative_strength": -21.883375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.16005, "energy": 48.301055, "activity_lines": [ 94.383362, 94.904013, 97.90474, 100.854075 ] }, { "date": "2025-10-17", "close": 90.800003, "volume": 97766, "typical_volume": 267405.8, "trend": 103.845996, "fair_value": 105.249402, "relative_strength": -24.367144, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.252291, "energy": 58.945656, "activity_lines": [ 92.968001, 94.091589, 96.927149, 99.97387 ] }, { "date": "2025-10-24", "close": 102.879997, "volume": 859685, "typical_volume": 296355.6, "trend": 103.77623, "fair_value": 105.541065, "relative_strength": -14.33182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.052324, "energy": 23.807183, "activity_lines": [ 95.961333, 95.566835, 97.184822, 99.911548 ] }, { "date": "2025-10-31", "close": 98.480003, "volume": 227160, "typical_volume": 285791.1, "trend": 103.09243, "fair_value": 105.794322, "relative_strength": -17.424776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.074448, "energy": 20.13027, "activity_lines": [ 97.068667, 96.125728, 97.053706, 99.569856 ] }, { "date": "2025-11-07", "close": 99.830002, "volume": 168018, "typical_volume": 277428.9, "trend": 102.607645, "fair_value": 106.028184, "relative_strength": -15.233141, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.725806, "energy": 18.002024, "activity_lines": [ 98.408668, 96.896443, 97.100043, 99.359377 ] }, { "date": "2025-11-14", "close": 102.440002, "volume": 283974, "typical_volume": 278418.5, "trend": 102.132354, "fair_value": 106.288658, "relative_strength": -14.158657, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.452406, "energy": 17.11484, "activity_lines": [ 100.234668, 98.025827, 97.429896, 99.348561 ] }, { "date": "2025-11-21", "close": 99.529999, "volume": 152369, "typical_volume": 271540.45, "trend": 101.843144, "fair_value": 106.519322, "relative_strength": -16.87796, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.878573, "energy": 15.653467, "activity_lines": [ 100.449334, 98.492001, 97.509828, 99.180667 ] }, { "date": "2025-11-28", "close": 106.110001, "volume": 1467923, "typical_volume": 285540.6, "trend": 101.837801, "fair_value": 106.776547, "relative_strength": -11.552401, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.729118, "energy": 25.711867, "activity_lines": [ 102.275334, 100.100001, 98.256126, 99.455948 ] }, { "date": "2025-12-05", "close": 101.309998, "volume": 221007, "typical_volume": 283852.2, "trend": 101.730671, "fair_value": 106.90515, "relative_strength": -15.034518, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 14.438842, "energy": 22.426585, "activity_lines": [ 102.286, 100.662182, 98.559587, 99.421896 ] }, { "date": "2025-12-12", "close": 98.959999, "volume": 130837, "typical_volume": 275833.15, "trend": 101.222541, "fair_value": 107.011996, "relative_strength": -15.991029, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.380827, "energy": 12.321789, "activity_lines": [ 101.324666, 100.686364, 98.667849, 99.243143 ] }, { "date": "2025-12-19", "close": 96.550003, "volume": 116437, "typical_volume": 269300.45, "trend": 100.606136, "fair_value": 107.147379, "relative_strength": -16.688021, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.606207, "energy": 13.697963, "activity_lines": [ 99.618, 100.183455, 98.56529, 98.941689 ] }, { "date": "2025-12-26", "close": 94.400002, "volume": 204638, "typical_volume": 271062.5, "trend": 100.13262, "fair_value": 107.200451, "relative_strength": -17.792897, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.497049, "energy": 22.948637, "activity_lines": [ 97.587334, 99.221819, 98.272083, 98.541293 ] }, { "date": "2026-01-02", "close": 93.519997, "volume": 99622, "typical_volume": 272289.05, "trend": 99.608815, "fair_value": 107.124848, "relative_strength": -18.258632, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.622869, "energy": 29.570337, "activity_lines": [ 95.605333, 98.034727, 97.901838, 98.114673 ] }, { "date": "2026-01-09", "close": 89.669998, "volume": 110197, "typical_volume": 265690.3, "trend": 98.972975, "fair_value": 106.991417, "relative_strength": -18.607142, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.938891, "energy": 50.387236, "activity_lines": [ 93.179333, 96.317818, 97.179024, 97.473459 ] }, { "date": "2026-01-16", "close": 85.669998, "volume": 90507, "typical_volume": 266514.85, "trend": 98.256361, "fair_value": 106.885575, "relative_strength": -21.161878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.903294, "energy": 67.308404, "activity_lines": [ 90.195999, 94.033817, 96.108401, 96.615202 ] }, { "date": "2026-01-23", "close": 81.32, "volume": 178274, "typical_volume": 270367.25, "trend": 97.361814, "fair_value": 106.790734, "relative_strength": -22.423423, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.432992, "energy": 79.291442, "activity_lines": [ 86.648665, 91.216363, 94.660573, 95.522534 ] }, { "date": "2026-01-30", "close": 87.120003, "volume": 116681, "typical_volume": 261244.9, "trend": 96.670248, "fair_value": 106.768453, "relative_strength": -17.011836, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.472594, "energy": 71.59966, "activity_lines": [ 86.05, 89.837455, 93.830572, 94.861772 ] }, { "date": "2026-02-06", "close": 91.139999, "volume": 583753, "typical_volume": 281657.15, "trend": 96.071101, "fair_value": 106.785646, "relative_strength": -13.722314, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.85948, "energy": 56.003912, "activity_lines": [ 87.276667, 89.415091, 93.428238, 94.504981 ] }, { "date": "2026-02-13", "close": 95.0, "volume": 761317, "typical_volume": 305002.65, "trend": 95.660497, "fair_value": 106.847664, "relative_strength": -8.881754, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.392495, "energy": 29.467905, "activity_lines": [ 89.948667, 89.966727, 93.419476, 94.435878 ] }, { "date": "2026-02-20", "close": 93.349998, "volume": 171098, "typical_volume": 306463.55, "trend": 95.342587, "fair_value": 106.942135, "relative_strength": -10.35463, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.262937, "energy": 17.189278, "activity_lines": [ 91.715333, 90.33309, 93.254619, 94.286814 ] }, { "date": "2026-02-27", "close": 86.959999, "volume": 133505, "typical_volume": 308738.4, "trend": 94.924111, "fair_value": 106.917553, "relative_strength": -14.712785, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.853054, "energy": 21.454011, "activity_lines": [ 90.839999, 89.639636, 92.484619, 93.746001 ] }, { "date": "2026-03-06", "close": 90.089996, "volume": 196758, "typical_volume": 313688.0, "trend": 94.733048, "fair_value": 106.901879, "relative_strength": -8.560873, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.056476, "energy": 16.542794, "activity_lines": [ 90.631998, 89.689635, 92.040618, 93.434123 ] }, { "date": "2026-03-13", "close": 86.540001, "volume": 176596, "typical_volume": 279533.55, "trend": 94.401697, "fair_value": 106.919547, "relative_strength": -6.852478, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.84539, "energy": 28.389366, "activity_lines": [ 89.042665, 89.172545, 91.261904, 92.905539 ] }, { "date": "2026-03-20", "close": 86.0, "volume": 276545, "typical_volume": 282002.8, "trend": 94.047356, "fair_value": 106.948097, "relative_strength": -6.869767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.192599, "energy": 40.419586, "activity_lines": [ 87.579999, 88.684181, 90.509571, 92.363494 ] }, { "date": "2026-03-27", "close": 80.989998, "volume": 189172, "typical_volume": 283060.5, "trend": 93.631797, "fair_value": 106.953456, "relative_strength": -10.76909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.798899, "energy": 54.910564, "activity_lines": [ 85.047332, 87.351635, 89.339523, 91.521084 ] }, { "date": "2026-04-03", "close": 87.290001, "volume": 144581, "typical_volume": 276090.85, "trend": 93.372681, "fair_value": 106.959357, "relative_strength": -2.741307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.035964, "energy": 45.106549, "activity_lines": [ 85.438666, 87.249636, 88.85919, 91.111936 ] }, { "date": "2026-04-10", "close": 90.470001, "volume": 97773, "typical_volume": 273361.05, "trend": 93.170666, "fair_value": 106.975125, "relative_strength": -4.221992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.714515, "energy": 28.430228, "activity_lines": [ 86.868, 87.617272, 88.753857, 90.924666 ] }, { "date": "2026-04-17", "close": 92.440002, "volume": 99573, "typical_volume": 204943.55, "trend": 93.032333, "fair_value": 106.93786, "relative_strength": -2.831899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.846449, "energy": 14.719083, "activity_lines": [ 88.928668, 88.282182, 88.879285, 90.877527 ] }, { "date": "2026-04-24", "close": 91.239998, "volume": 363669, "typical_volume": 212076.65, "trend": 92.899667, "fair_value": 106.835212, "relative_strength": -1.93499, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.235952, "energy": 15.344888, "activity_lines": [ 90.196, 88.705273, 88.955523, 90.761892 ] }, { "date": "2026-05-01", "close": 91.0, "volume": 78600, "typical_volume": 209464.8, "trend": 92.797333, "fair_value": 106.765129, "relative_strength": -2.322512, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.906586, "energy": 13.373363, "activity_lines": [ 91.034, 89.153091, 89.056857, 90.639333 ] }, { "date": "2026-05-08", "close": 93.510002, "volume": 135233, "typical_volume": 210404.6, "trend": 92.820333, "fair_value": 106.736955, "relative_strength": -0.12946, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.76501, "energy": 12.248316, "activity_lines": [ 92.041334, 90.1, 89.435143, 90.685312 ] }, { "date": "2026-05-15", "close": 93.879997, "volume": 200629, "typical_volume": 210204.15, "trend": 92.923, "fair_value": 106.723264, "relative_strength": 2.827765, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.57005, "energy": 17.586135, "activity_lines": [ 92.757333, 90.995091, 89.863142, 90.753677 ] }, { "date": "2026-05-22", "close": 91.160004, "volume": 70869, "typical_volume": 208766.5, "trend": 92.532333, "fair_value": 106.677795, "relative_strength": -0.079634, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.698318, "energy": 15.661713, "activity_lines": [ 92.339334, 91.326728, 90.034571, 90.639935 ] }, { "date": "2026-05-29", "close": 92.650002, "volume": 99934, "typical_volume": 208253.35, "trend": 92.338, "fair_value": 106.675025, "relative_strength": 2.525815, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.452303, "energy": 17.642137, "activity_lines": [ 92.503335, 91.845274, 90.359143, 90.647527 ] }, { "date": "2026-06-05", "close": 90.019997, "volume": 18993, "typical_volume": 204677.65, "trend": 92.011, "fair_value": 106.665596, "relative_strength": 0.647736, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.920033, "energy": 11.96367, "activity_lines": [ 91.696667, 91.764727, 90.419048, 90.497978 ] }, { "date": "2026-06-12", "close": 88.93, "volume": 17067, "typical_volume": 196617.3, "trend": 91.560666, "fair_value": 106.663842, "relative_strength": -1.334646, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.599478, "energy": 11.547797, "activity_lines": [ 90.592, 91.321818, 90.354429, 90.299204 ] }, { "date": "2026-06-19", "close": 90.660004, "volume": 26448, "typical_volume": 192105.65, "trend": 91.265, "fair_value": 106.653735, "relative_strength": -0.80366, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.981415, "energy": 10.685606, "activity_lines": [ 90.369335, 91.163637, 90.418334, 90.241097 ] }, { "date": "2026-06-26", "close": 90.580002, "volume": 0, "typical_volume": 162918.0, "trend": 90.747333, "fair_value": 106.61634, "relative_strength": -0.840853, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.537486, "energy": 7.254395, "activity_lines": [ 90.334668, 90.987456, 90.457762, 90.196904 ] }, { "date": "2026-07-03", "close": 86.660004, "volume": 186963, "typical_volume": 134200.3, "trend": 90.259, "fair_value": 106.557324, "relative_strength": -5.653691, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.719087, "energy": 23.564022, "activity_lines": [ 89.032002, 90.132365, 90.126525, 89.933205 ] }, { "date": "2026-07-10", "close": 85.309998, "volume": 63092, "typical_volume": 128800.0, "trend": 89.804, "fair_value": 106.482323, "relative_strength": -6.49112, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.643399, "energy": 44.491343, "activity_lines": [ 87.678668, 89.115092, 89.706429, 89.613914 ] }, { "date": "2026-07-17", "close": 83.339996, "volume": 57805, "typical_volume": 125015.0, "trend": 89.363667, "fair_value": 106.416049, "relative_strength": -8.721935, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -70.938669, "energy": 63.906353, "activity_lines": [ 85.982666, 87.843091, 89.137, 89.196882 ] }, { "date": "2026-07-24", "close": 85.790001, "volume": 60141, "typical_volume": 118184.15, "trend": 89.076667, "fair_value": 106.366436, "relative_strength": -3.534096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.109984, "energy": 64.25493, "activity_lines": [ 85.476, 87.201455, 88.818143, 88.966323 ] }, { "date": "2026-07-31", "close": 84.739998, "volume": 42723, "typical_volume": 111490.5, "trend": 88.784, "fair_value": 106.319336, "relative_strength": -6.846905, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.997884, "energy": 65.077919, "activity_lines": [ 84.943999, 86.516, 88.419762, 88.686538 ] }, { "date": "2026-08-07", "close": 84.480003, "volume": 89452, "typical_volume": 102135.85, "trend": 88.611, "fair_value": 106.277582, "relative_strength": -7.604033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.44059, "energy": 62.62369, "activity_lines": [ 84.714667, 85.9, 88.005191, 88.408861 ] } ], "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." } } }