{ "ticker": { "uuid": "79895584-7604-4213-9958-584634cc9e93", "symbol": "FIVESTAR", "name": "Five-Star Business Finance Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 63.133, "architecture_energy": 63.587, "architecture_maturity": 19.612, "architecture_confidence": 89.025, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 17.95, "rotation_up": 62.31, "upward_expansion": 86.42, "deceleration": 50.74, "rotation_down": 18.2, "downward_expansion": 13.08 }, "activity_lines": [ 544.248856, 534.237199, 504.767035, 482.290557 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 543.25, "trend_reference": 464.256105, "distance_from_trend": 0.170152, "trend_direction": "Weakening", "fair_value": 657.045122, "distance_from_fair_value": -0.173192, "fair_value_direction": "Improving", "relative_strength": 8.215731, "relative_strength_direction": "Improving", "price_momentum": 0.205882, "excess_performance": 0.249591, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.170152, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.04439, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.173192, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.135338, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.082157, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.223715, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.205882, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.745172, "read": "Supply-led" } ], "volume": { "latest": 1508330, "relative_activity": 0.314136, "balance": 0.745172, "dry_up": 0.740932, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.068347, "annualized_volatility": 0.485411, "from_high_reference": -0.184309, "from_low_reference": 0.606536 }, "levels": { "trend_reference": 464.256105, "fair_value_reference": 657.045122, "structural_low": 338.149994, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": -0.084909, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.077781, "regime_survival": 0.4, "best_return": -0.067424, "worst_return": -0.246526, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.020409, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.117845, "regime_survival": 0.0, "best_return": -0.010825, "worst_return": -0.311347, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.203245, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.215689, "regime_survival": 0.0, "best_return": -0.06791, "worst_return": -0.33858, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.206618, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.222153, "regime_survival": 0.0, "best_return": -0.122639, "worst_return": -0.290598, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-31", "end": "2024-06-14", "tenure": "New", "return": 0.069811, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-21", "end": "2024-07-19", "tenure": "Developing", "return": -0.067424, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-26", "end": "2024-09-27", "tenure": "Developing", "return": 0.057663, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2024-11-15", "tenure": "Developing", "return": -0.189463, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-22", "end": "2025-01-24", "tenure": "Developing", "return": 0.11508, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-07-04", "tenure": "Established", "return": -0.022615, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-07-18", "tenure": "New", "return": -0.052526, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-08-08", "tenure": "New", "return": -0.159058, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-15", "end": "2025-11-14", "tenure": "Established", "return": 0.099368, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-11-21", "end": "2025-12-19", "tenure": "Developing", "return": -0.079916, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-26", "end": "2026-05-15", "tenure": "Established", "return": -0.169893, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-06-26", "tenure": "Developing", "return": 0.111316, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": 0.013354, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.018725, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 786.972473, "volume": 1487277, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 741.031677, "volume": 1509533, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 725.73468, "volume": 9079253, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 726.183167, "volume": 4624535, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 685.175232, "volume": 2788756, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 694.692261, "volume": 1154902, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 694.293701, "volume": 1299830, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 721.89801, "volume": 979437, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 739.985291, "volume": 1570900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 751.943848, "volume": 1651092, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 732.162415, "volume": 1192718, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 749.801331, "volume": 1467333, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 786.474182, "volume": 1612712, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 802.070068, "volume": 1054148, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 783.534363, "volume": 797120, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 730.817078, "volume": 1516695, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 732.610901, "volume": 26415305, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 722.794861, "volume": 3803901, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 687.268005, "volume": 1594646, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 732.361755, "volume": 1891819, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 731.415039, "volume": 1104582, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 729.920166, "volume": 1856028, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 766.742615, "volume": 1399815, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 747.260071, "volume": 1261248, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 772.871338, "volume": 1659962, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 772.771667, "volume": 2950478, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 766.493469, "volume": 1895027, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 718.111084, "volume": 1096799, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 702.166321, "volume": 2269535, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 662.503845, "volume": 2767016, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 614.968567, "volume": 2397795, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 713.277893, "volume": 3103011, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 716.965088, "volume": 2955860, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 756.079529, "volume": 2700490, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 726.980347, "volume": 6697842, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 689.460388, "volume": 995415, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 738.490479, "volume": 2123703, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 772.024292, "volume": 5526859, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 726.332581, "volume": 2778148, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 736.696716, "volume": 1800573, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 701.468811, "volume": 972225, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 754.435181, "volume": 3318188, "typical_volume": 2533499.45, "trend": 733.17889, "fair_value": 661.629374, "relative_strength": -3.743539, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": 12.133405, "energy": 5.905501, "activity_lines": [ 734.188717, 733.23596, 724.819525, 726.858322 ] }, { "date": "2024-06-07", "close": 788.367615, "volume": 6243572, "typical_volume": 2775687.3, "trend": 733.242004, "fair_value": 663.194044, "relative_strength": -2.801264, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": 29.30404, "energy": 20.688081, "activity_lines": [ 750.914083, 743.50401, 730.587392, 730.418884 ] }, { "date": "2024-06-14", "close": 807.102722, "volume": 2341856, "typical_volume": 2829717.7, "trend": 733.40976, "fair_value": 664.949028, "relative_strength": -1.379735, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 60.818949, "energy": 46.953459, "activity_lines": [ 772.79493, 755.880215, 738.036578, 735.184092 ] }, { "date": "2024-06-21", "close": 820.306946, "volume": 1414765, "typical_volume": 2817457.85, "trend": 734.635512, "fair_value": 666.82081, "relative_strength": 0.032287, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.896155, "energy": 63.622473, "activity_lines": [ 793.692509, 769.729493, 746.458345, 740.790362 ] }, { "date": "2024-06-28", "close": 790.510193, "volume": 1135937, "typical_volume": 2726730.8, "trend": 736.625283, "fair_value": 668.293303, "relative_strength": -5.609577, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.67485, "energy": 60.961237, "activity_lines": [ 799.083822, 776.464333, 751.816442, 744.39518 ] }, { "date": "2024-07-05", "close": 796.339966, "volume": 1528301, "typical_volume": 2708394.5, "trend": 738.749585, "fair_value": 669.799734, "relative_strength": -6.058462, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.127644, "energy": 57.498898, "activity_lines": [ 800.4823, 782.421863, 757.645286, 748.24774 ] }, { "date": "2024-07-12", "close": 793.400208, "volume": 3572180, "typical_volume": 2832163.55, "trend": 741.103097, "fair_value": 671.236949, "relative_strength": -7.076964, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.756169, "energy": 43.519194, "activity_lines": [ 798.107206, 786.793082, 763.052027, 751.773587 ] }, { "date": "2024-07-19", "close": 764.998657, "volume": 2397176, "typical_volume": 2838545.6, "trend": 743.694118, "fair_value": 672.31467, "relative_strength": -10.425114, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.52765, "energy": 25.534125, "activity_lines": [ 785.929423, 785.61173, 765.395338, 753.315236 ] }, { "date": "2024-07-26", "close": 755.232422, "volume": 1573465, "typical_volume": 2778868.05, "trend": 744.456474, "fair_value": 673.256917, "relative_strength": -12.342493, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.416004, "energy": 16.149216, "activity_lines": [ 773.303166, 781.951679, 766.509331, 754.059643 ] }, { "date": "2024-08-02", "close": 774.86438, "volume": 2495928, "typical_volume": 2783774.7, "trend": 745.904785, "fair_value": 674.398574, "relative_strength": -9.31446, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.403875, "energy": 15.646664, "activity_lines": [ 771.559196, 781.524062, 769.051469, 756.021443 ] }, { "date": "2024-08-09", "close": 701.020386, "volume": 1787196, "typical_volume": 2717983.95, "trend": 744.941459, "fair_value": 674.694372, "relative_strength": -16.181637, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.781958, "energy": 13.038195, "activity_lines": [ 746.243616, 766.3358, 763.799437, 753.125676 ] }, { "date": "2024-08-16", "close": 708.295105, "volume": 1299805, "typical_volume": 2635181.2, "trend": 742.993209, "fair_value": 675.06361, "relative_strength": -15.346987, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.926407, "energy": 23.81715, "activity_lines": [ 729.707581, 753.441392, 759.298604, 750.761395 ] }, { "date": "2024-08-23", "close": 736.696716, "volume": 1412083, "typical_volume": 2570760.85, "trend": 742.641097, "fair_value": 675.733535, "relative_strength": -12.519252, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -12.862381, "energy": 22.373006, "activity_lines": [ 728.312423, 747.166777, 757.543973, 750.355169 ] }, { "date": "2024-08-30", "close": 756.229004, "volume": 1693112, "typical_volume": 2320524.35, "trend": 742.086353, "fair_value": 676.599078, "relative_strength": -11.297774, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.515948, "energy": 19.246647, "activity_lines": [ 735.314823, 745.723596, 757.741859, 751.231808 ] }, { "date": "2024-09-06", "close": 749.651794, "volume": 2888814, "typical_volume": 2415194.3, "trend": 741.31569, "fair_value": 677.376235, "relative_strength": -10.381187, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -10.11644, "energy": 14.349811, "activity_lines": [ 740.058382, 744.249613, 757.174064, 751.719901 ] }, { "date": "2024-09-13", "close": 747.808228, "volume": 2765503, "typical_volume": 2447284.3, "trend": 740.692849, "fair_value": 678.117624, "relative_strength": -12.156875, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.938739, "energy": 10.517757, "activity_lines": [ 745.868258, 743.183315, 756.144066, 752.138775 ] }, { "date": "2024-09-20", "close": 803.564941, "volume": 12930102, "typical_volume": 2817446.45, "trend": 743.541311, "fair_value": 679.424367, "relative_strength": -6.976043, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.547012, "energy": 27.087224, "activity_lines": [ 767.144515, 753.136997, 760.37986, 756.195039 ] }, { "date": "2024-09-27", "close": 798.781494, "volume": 34102797, "typical_volume": 4383678.9, "trend": 746.761816, "fair_value": 680.654853, "relative_strength": -8.646343, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.194568, "energy": 30.116684, "activity_lines": [ 780.474967, 762.036148, 764.009895, 759.758922 ] }, { "date": "2024-10-04", "close": 796.339966, "volume": 8042575, "typical_volume": 4695779.0, "trend": 751.22302, "fair_value": 681.835313, "relative_strength": -4.416889, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.192609, "energy": 40.945549, "activity_lines": [ 788.852592, 769.877152, 767.062409, 762.957512 ] }, { "date": "2024-10-11", "close": 803.614807, "volume": 3095012, "typical_volume": 4801918.35, "trend": 757.511229, "fair_value": 683.065409, "relative_strength": -3.053891, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.0783, "energy": 52.701146, "activity_lines": [ 796.981099, 778.293444, 770.523749, 766.337627 ] }, { "date": "2024-10-18", "close": 886.427734, "volume": 17678537, "typical_volume": 5519935.8, "trend": 763.28289, "fair_value": 685.099032, "relative_strength": 7.585795, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.834935, "energy": 73.125059, "activity_lines": [ 829.116382, 801.243896, 781.385625, 774.654821 ] }, { "date": "2024-10-25", "close": 861.962524, "volume": 12466498, "typical_volume": 5831082.1, "trend": 768.116138, "fair_value": 686.850156, "relative_strength": 7.703703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.565632, "energy": 69.860516, "activity_lines": [ 843.855294, 816.375086, 789.288945, 781.021249 ] }, { "date": "2024-11-01", "close": 714.174805, "volume": 19226878, "typical_volume": 6675333.2, "trend": 766.719314, "fair_value": 687.118045, "relative_strength": -10.717961, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.154537, "energy": 23.279504, "activity_lines": [ 805.43846, 801.841829, 782.766792, 777.541163 ] }, { "date": "2024-11-08", "close": 644.76532, "volume": 11337685, "typical_volume": 7171479.2, "trend": 763.978813, "fair_value": 686.706853, "relative_strength": -18.21509, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -18.14083, "energy": 14.843163, "activity_lines": [ 749.525578, 775.098154, 770.076726, 769.673164 ] }, { "date": "2024-11-15", "close": 645.462891, "volume": 2858026, "typical_volume": 7257583.65, "trend": 762.512229, "fair_value": 686.310277, "relative_strength": -15.325808, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "down", "direction": -70.563399, "energy": 50.576776, "activity_lines": [ 703.950195, 750.507924, 758.289008, 762.026975 ] }, { "date": "2024-11-22", "close": 629.119507, "volume": 3679342, "typical_volume": 7365135.7, "trend": 758.86653, "fair_value": 685.765603, "relative_strength": -18.117803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.440064, "energy": 69.907549, "activity_lines": [ 663.47048, 724.840512, 745.635478, 753.420993 ] }, { "date": "2024-11-29", "close": 653.534912, "volume": 4609647, "typical_volume": 7417009.05, "trend": 754.916884, "fair_value": 685.46154, "relative_strength": -15.274067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.767746, "energy": 77.301873, "activity_lines": [ 648.283114, 705.770242, 736.103513, 746.625405 ] }, { "date": "2024-12-06", "close": 633.105713, "volume": 8411416, "typical_volume": 7717721.05, "trend": 751.809322, "fair_value": 684.972233, "relative_strength": -19.290153, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.593209, "energy": 77.516052, "activity_lines": [ 640.181189, 685.71339, 725.291935, 738.766619 ] }, { "date": "2024-12-13", "close": 646.559082, "volume": 7641397, "typical_volume": 8021117.65, "trend": 748.804734, "fair_value": 684.616555, "relative_strength": -17.49781, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.351686, "energy": 67.94727, "activity_lines": [ 641.968327, 671.114893, 716.389692, 731.976281 ] }, { "date": "2024-12-20", "close": 764.599976, "volume": 19354789, "typical_volume": 8864060.7, "trend": 750.909107, "fair_value": 685.350348, "relative_strength": 2.434609, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.213486, "energy": 25.163165, "activity_lines": [ 682.982845, 680.701665, 719.246931, 732.995329 ] }, { "date": "2024-12-27", "close": 795.094299, "volume": 4976899, "typical_volume": 9023545.85, "trend": 752.26441, "fair_value": 686.348021, "relative_strength": 5.529516, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.517315, "energy": 13.981337, "activity_lines": [ 726.219666, 696.54222, 725.05727, 735.845987 ] }, { "date": "2025-01-03", "close": 787.719849, "volume": 6484907, "typical_volume": 9282800.95, "trend": 752.242818, "fair_value": 687.26128, "relative_strength": 3.772446, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 10.80217, "energy": 22.991521, "activity_lines": [ 755.93335, 712.702574, 729.717309, 738.133434 ] }, { "date": "2025-01-10", "close": 674.512207, "volume": 1892987, "typical_volume": 9306846.15, "trend": 747.823134, "fair_value": 687.147449, "relative_strength": -8.714683, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.962505, "energy": 26.840114, "activity_lines": [ 738.965491, 709.629587, 723.217454, 733.118556 ] }, { "date": "2025-01-17", "close": 662.204895, "volume": 4116314, "typical_volume": 9428006.25, "trend": 742.553066, "fair_value": 686.926719, "relative_strength": -9.114909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.462524, "energy": 21.45187, "activity_lines": [ 715.134762, 705.040045, 715.841592, 727.594799 ] }, { "date": "2025-01-24", "close": 701.518616, "volume": 4046918, "typical_volume": 9485911.45, "trend": 739.58668, "fair_value": 687.054718, "relative_strength": -2.982117, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.804571, "energy": 21.066953, "activity_lines": [ 703.365552, 707.281369, 712.657627, 724.947415 ] }, { "date": "2025-01-31", "close": 786.573792, "volume": 3770576, "typical_volume": 9536165.1, "trend": 739.261141, "fair_value": 687.920101, "relative_strength": 6.980106, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.641566, "energy": 6.70484, "activity_lines": [ 724.153491, 723.968075, 717.803361, 727.978842 ] }, { "date": "2025-02-07", "close": 768.287231, "volume": 2433874, "typical_volume": 9011353.7, "trend": 738.424042, "fair_value": 688.612921, "relative_strength": 4.448478, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.331519, "energy": 9.726015, "activity_lines": [ 739.413945, 734.467148, 721.022919, 729.851493 ] }, { "date": "2025-02-14", "close": 696.137268, "volume": 2677346, "typical_volume": 7440081.15, "trend": 736.128662, "fair_value": 688.677232, "relative_strength": -2.491873, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.454898, "energy": 14.36205, "activity_lines": [ 731.919918, 729.761639, 717.539042, 727.123314 ] }, { "date": "2025-02-21", "close": 694.742126, "volume": 3574173, "typical_volume": 7216661.05, "trend": 734.112319, "fair_value": 688.728629, "relative_strength": -2.005933, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.246131, "energy": 16.459471, "activity_lines": [ 722.519173, 723.65644, 714.411076, 724.453215 ] }, { "date": "2025-02-28", "close": 758.869873, "volume": 5686463, "typical_volume": 7346233.6, "trend": 733.579169, "fair_value": 689.318051, "relative_strength": 10.091452, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.86289, "energy": 6.463935, "activity_lines": [ 732.325195, 728.334776, 717.874313, 726.050476 ] }, { "date": "2025-03-07", "close": 686.072144, "volume": 2904871, "typical_volume": 6607550.3, "trend": 733.080894, "fair_value": 689.291002, "relative_strength": -2.415839, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.540091, "energy": 18.811625, "activity_lines": [ 714.04189, 719.881344, 714.617505, 722.985507 ] }, { "date": "2025-03-14", "close": 648.153625, "volume": 1235223, "typical_volume": 6045986.55, "trend": 731.076178, "fair_value": 688.951024, "relative_strength": -7.228093, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.411038, "energy": 35.018589, "activity_lines": [ 689.819189, 706.515858, 708.703483, 717.506328 ] }, { "date": "2025-03-21", "close": 724.289673, "volume": 3836582, "typical_volume": 5276471.75, "trend": 730.66261, "fair_value": 689.240685, "relative_strength": -0.485107, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.793592, "energy": 24.293555, "activity_lines": [ 698.984078, 709.530857, 711.058652, 717.068489 ] }, { "date": "2025-03-28", "close": 721.449524, "volume": 3435364, "typical_volume": 4881355.7, "trend": 729.503294, "fair_value": 689.502545, "relative_strength": -1.500031, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.553314, "energy": 20.079495, "activity_lines": [ 705.325423, 711.124421, 713.095163, 716.474096 ] }, { "date": "2025-04-04", "close": 686.221619, "volume": 1797681, "typical_volume": 4828338.45, "trend": 727.388955, "fair_value": 689.476086, "relative_strength": -3.578764, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.040898, "energy": 25.041957, "activity_lines": [ 698.14364, 705.235736, 711.411474, 713.68173 ] }, { "date": "2025-04-11", "close": 714.92218, "volume": 8251972, "typical_volume": 5056969.95, "trend": 726.292753, "fair_value": 689.679655, "relative_strength": 0.848198, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.47777, "energy": 11.708529, "activity_lines": [ 705.371928, 704.843461, 712.267082, 712.877422 ] }, { "date": "2025-04-18", "close": 782.836792, "volume": 2964014, "typical_volume": 4974688.3, "trend": 725.601815, "fair_value": 690.418997, "relative_strength": 5.581111, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.160555, "energy": 13.462179, "activity_lines": [ 733.315084, 718.102055, 719.182164, 716.525425 ] }, { "date": "2025-04-25", "close": 794.197449, "volume": 4953757, "typical_volume": 4801805.35, "trend": 725.449013, "fair_value": 691.236151, "relative_strength": 6.270511, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.683961, "energy": 35.115616, "activity_lines": [ 756.066248, 733.161686, 726.56349, 720.95095 ] }, { "date": "2025-05-02", "close": 695.340027, "volume": 3479883, "typical_volume": 4593729.65, "trend": 722.082349, "fair_value": 691.268212, "relative_strength": -7.801856, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.313955, "energy": 17.722961, "activity_lines": [ 741.204419, 728.464327, 723.76272, 719.008434 ] }, { "date": "2025-05-09", "close": 670.526001, "volume": 3711263, "typical_volume": 3811553.35, "trend": 717.646055, "fair_value": 691.10742, "relative_strength": -9.55684, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.806416, "energy": 4.757399, "activity_lines": [ 719.811882, 719.244456, 718.366419, 715.682218 ] }, { "date": "2025-05-16", "close": 676.854126, "volume": 2846192, "typical_volume": 3705018.0, "trend": 710.660268, "fair_value": 690.997779, "relative_strength": -12.081113, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.048482, "energy": 10.523101, "activity_lines": [ 701.575094, 712.781405, 714.020769, 713.050481 ] }, { "date": "2025-05-23", "close": 692.350403, "volume": 3033444, "typical_volume": 3532444.85, "trend": 705.006531, "fair_value": 691.008104, "relative_strength": -9.312303, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -18.820472, "energy": 20.685126, "activity_lines": [ 691.041602, 709.30346, 711.714002, 711.869199 ] }, { "date": "2025-05-30", "close": 706.800293, "volume": 3265938, "typical_volume": 3601092.4, "trend": 704.760714, "fair_value": 691.127742, "relative_strength": -6.74867, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -19.745563, "energy": 21.280954, "activity_lines": [ 691.357166, 707.64919, 711.237556, 711.984926 ] }, { "date": "2025-06-06", "close": 728.275879, "volume": 4621447, "typical_volume": 3626349.05, "trend": 707.544399, "fair_value": 691.407052, "relative_strength": -4.602163, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.547894, "energy": 11.864409, "activity_lines": [ 704.657735, 710.21756, 712.652651, 713.502033 ] }, { "date": "2025-06-13", "close": 765.646362, "volume": 14996766, "typical_volume": 4173841.45, "trend": 711.550515, "fair_value": 691.961076, "relative_strength": 1.666214, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.495637, "energy": 24.32133, "activity_lines": [ 728.219409, 719.456449, 717.312215, 717.250547 ] }, { "date": "2025-06-20", "close": 719.705627, "volume": 3650470, "typical_volume": 4167836.15, "trend": 714.570052, "fair_value": 692.166591, "relative_strength": -5.560331, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 33.494331, "energy": 20.215326, "activity_lines": [ 730.126147, 718.89839, 717.291102, 717.776683 ] }, { "date": "2025-06-27", "close": 757.873291, "volume": 2275974, "typical_volume": 4159941.15, "trend": 718.047998, "fair_value": 692.649729, "relative_strength": -2.38197, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.711164, "energy": 31.308457, "activity_lines": [ 741.898673, 725.192934, 721.223424, 720.570441 ] }, { "date": "2025-07-04", "close": 768.785522, "volume": 6357483, "typical_volume": 4343948.0, "trend": 722.570658, "fair_value": 693.205465, "relative_strength": -0.12742, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 56.862202, "energy": 45.592289, "activity_lines": [ 752.940417, 733.925403, 726.244596, 723.843829 ] }, { "date": "2025-07-11", "close": 767.440125, "volume": 4535943, "typical_volume": 4392036.5, "trend": 726.600026, "fair_value": 693.743397, "relative_strength": 1.051196, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.86901, "energy": 48.018647, "activity_lines": [ 759.401347, 742.875288, 730.791691, 726.738634 ] }, { "date": "2025-07-18", "close": 727.129883, "volume": 3594260, "typical_volume": 4287426.35, "trend": 725.351023, "fair_value": 693.983587, "relative_strength": -3.43392, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.540197, "energy": 37.67498, "activity_lines": [ 749.814579, 743.185128, 731.153535, 726.772818 ] }, { "date": "2025-07-25", "close": 687.616821, "volume": 2702610, "typical_volume": 4277313.3, "trend": 721.768441, "fair_value": 693.938111, "relative_strength": -8.03851, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.90712, "energy": 9.039508, "activity_lines": [ 729.624556, 735.281614, 727.903372, 724.338353 ] }, { "date": "2025-08-01", "close": 596.183716, "volume": 8575922, "typical_volume": 4644348.25, "trend": 715.383903, "fair_value": 693.244817, "relative_strength": -19.018802, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -45.327288, "energy": 42.269086, "activity_lines": [ 681.096086, 710.558213, 715.937939, 716.236113 ] }, { "date": "2025-08-08", "close": 578.24585, "volume": 4657623, "typical_volume": 4685400.3, "trend": 712.175024, "fair_value": 692.434965, "relative_strength": -20.547295, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -79.152487, "energy": 78.110723, "activity_lines": [ 637.367631, 684.321867, 702.511614, 707.388497 ] }, { "date": "2025-08-15", "close": 585.700012, "volume": 1598872, "typical_volume": 4593575.7, "trend": 709.624862, "fair_value": 691.688567, "relative_strength": -20.137373, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.246189, "energy": 82.948343, "activity_lines": [ 608.826542, 661.778177, 690.490656, 699.228818 ] }, { "date": "2025-08-22", "close": 588.75, "volume": 3108143, "typical_volume": 4659098.8, "trend": 705.865908, "fair_value": 690.973716, "relative_strength": -20.182754, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.906247, "energy": 83.385905, "activity_lines": [ 593.418123, 642.381319, 679.406598, 691.43044 ] }, { "date": "2025-08-29", "close": 545.049988, "volume": 3603610, "typical_volume": 4426680.7, "trend": 697.815114, "fair_value": 689.967345, "relative_strength": -24.391159, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.825746, "energy": 88.11966, "activity_lines": [ 572.668359, 618.255301, 664.624786, 681.05522 ] }, { "date": "2025-09-05", "close": 532.349976, "volume": 8789635, "typical_volume": 4717961.75, "trend": 689.950539, "fair_value": 688.887774, "relative_strength": -26.677399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.450032, "energy": 88.824607, "activity_lines": [ 557.189714, 594.995748, 649.442364, 670.380049 ] }, { "date": "2025-09-12", "close": 540.5, "volume": 6174587, "typical_volume": 4779003.25, "trend": 684.76263, "fair_value": 687.878333, "relative_strength": -26.275492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.965853, "energy": 86.986655, "activity_lines": [ 548.683325, 577.318441, 636.228929, 660.738079 ] }, { "date": "2025-09-19", "close": 537.799988, "volume": 5149042, "typical_volume": 4862461.2, "trend": 679.531226, "fair_value": 686.864291, "relative_strength": -26.782247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.019415, "energy": 85.913417, "activity_lines": [ 541.793323, 563.300868, 623.966433, 651.256618 ] }, { "date": "2025-09-26", "close": 510.25, "volume": 7998054, "typical_volume": 5076800.75, "trend": 671.243897, "fair_value": 685.67896, "relative_strength": -28.171015, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.91668, "energy": 87.962142, "activity_lines": [ 528.913326, 548.449482, 609.830319, 640.335249 ] }, { "date": "2025-10-03", "close": 533.950012, "volume": 6849323, "typical_volume": 5276957.3, "trend": 666.173159, "fair_value": 684.667433, "relative_strength": -25.038358, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.504784, "energy": 73.506613, "activity_lines": [ 529.166667, 541.850459, 598.714569, 631.477579 ] }, { "date": "2025-10-10", "close": 528.5, "volume": 2877536, "typical_volume": 5269161.9, "trend": 662.184705, "fair_value": 683.633212, "relative_strength": -26.392625, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.519782, "energy": 62.353642, "activity_lines": [ 528.343335, 537.054468, 587.760265, 622.59544 ] }, { "date": "2025-10-17", "close": 527.599976, "volume": 3074686, "typical_volume": 5259599.3, "trend": 655.628381, "fair_value": 682.606678, "relative_strength": -26.982375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.896162, "energy": 61.211301, "activity_lines": [ 527.47666, 533.325448, 577.500485, 613.912554 ] }, { "date": "2025-10-24", "close": 537.0, "volume": 2794239, "typical_volume": 5168238.9, "trend": 649.480064, "fair_value": 681.655, "relative_strength": -25.167918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.897487, "energy": 55.713684, "activity_lines": [ 530.603329, 532.226358, 568.98928, 606.25911 ] }, { "date": "2025-10-31", "close": 652.75, "volume": 69329361, "typical_volume": 7884868.65, "trend": 648.364343, "fair_value": 681.467305, "relative_strength": -8.526163, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.23134, "energy": 17.836703, "activity_lines": [ 572.366663, 553.058178, 572.412722, 606.470074 ] }, { "date": "2025-11-07", "close": 646.099976, "volume": 9077592, "typical_volume": 8156224.75, "trend": 646.07027, "fair_value": 681.239129, "relative_strength": -8.555968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.740708, "energy": 21.951936, "activity_lines": [ 602.413322, 571.517265, 575.740431, 606.323985 ] }, { "date": "2025-11-14", "close": 643.900024, "volume": 4984340, "typical_volume": 8291643.05, "trend": 641.439044, "fair_value": 680.999776, "relative_strength": -10.176065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 12.237273, "energy": 33.861358, "activity_lines": [ 624.25, 587.739089, 579.209123, 606.18397 ] }, { "date": "2025-11-21", "close": 619.400024, "volume": 7374795, "typical_volume": 8342508.65, "trend": 635.612463, "fair_value": 681.69606, "relative_strength": -13.965106, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 3.797134, "energy": 32.241241, "activity_lines": [ 630.226676, 597.478185, 580.887211, 604.762097 ] }, { "date": "2025-11-28", "close": 590.900024, "volume": 13415545, "typical_volume": 8786488.75, "trend": 632.13113, "fair_value": 682.174836, "relative_strength": -18.087519, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 0.422747, "energy": 23.166235, "activity_lines": [ 620.583349, 600.600917, 580.562374, 601.877424 ] }, { "date": "2025-12-05", "close": 580.650024, "volume": 5528645, "typical_volume": 8883208.0, "trend": 629.135264, "fair_value": 682.287667, "relative_strength": -19.261357, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -6.556073, "energy": 11.837098, "activity_lines": [ 603.930021, 600.894557, 580.102013, 598.556062 ] }, { "date": "2025-12-12", "close": 567.099976, "volume": 3902575, "typical_volume": 8943206.25, "trend": 625.476792, "fair_value": 682.024575, "relative_strength": -20.481938, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -32.904573, "energy": 21.656683, "activity_lines": [ 587.566675, 597.444551, 579.048694, 594.553785 ] }, { "date": "2025-12-19", "close": 569.900024, "volume": 7883989, "typical_volume": 8908609.6, "trend": 621.395113, "fair_value": 682.140999, "relative_strength": -19.247724, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -37.485899, "energy": 27.667466, "activity_lines": [ 577.403345, 593.900919, 578.835937, 590.968188 ] }, { "date": "2025-12-26", "close": 552.700012, "volume": 3598208, "typical_volume": 8855638.85, "trend": 616.258437, "fair_value": 681.757173, "relative_strength": -21.235151, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.068491, "energy": 33.944759, "activity_lines": [ 566.44001, 586.477284, 577.110243, 586.536246 ] }, { "date": "2026-01-02", "close": 532.25, "volume": 3378199, "typical_volume": 8944605.2, "trend": 609.724241, "fair_value": 681.098205, "relative_strength": -24.293353, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.224853, "energy": 45.199753, "activity_lines": [ 553.106673, 574.8791, 573.558577, 581.116346 ] }, { "date": "2026-01-09", "close": 507.600006, "volume": 3669609, "typical_volume": 8972678.5, "trend": 601.122696, "fair_value": 680.59552, "relative_strength": -25.501533, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.742345, "energy": 66.432458, "activity_lines": [ 535.466673, 558.885463, 567.913815, 574.527686 ] }, { "date": "2026-01-16", "close": 515.599976, "volume": 2053123, "typical_volume": 8895154.15, "trend": 594.319174, "fair_value": 680.119522, "relative_strength": -23.892512, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.186755, "energy": 68.687526, "activity_lines": [ 525.36333, 546.985457, 563.417384, 569.010091 ] }, { "date": "2026-01-23", "close": 512.700012, "volume": 3699843, "typical_volume": 8640664.55, "trend": 586.146732, "fair_value": 679.616311, "relative_strength": -21.804473, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.300338, "energy": 68.005773, "activity_lines": [ 517.726666, 536.930913, 558.785004, 563.744339 ] }, { "date": "2026-01-30", "close": 455.950012, "volume": 17567635, "typical_volume": 9210316.95, "trend": 575.718881, "fair_value": 678.950862, "relative_strength": -30.416894, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.589283, "energy": 83.986328, "activity_lines": [ 494.98667, 518.943641, 548.841434, 555.34455 ] }, { "date": "2026-02-06", "close": 450.5, "volume": 7851448, "typical_volume": 9345437.25, "trend": 565.15421, "fair_value": 677.983135, "relative_strength": -31.479157, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.242804, "energy": 85.131156, "activity_lines": [ 476.880003, 502.937276, 538.781433, 547.265913 ] }, { "date": "2026-02-13", "close": 440.0, "volume": 14499365, "typical_volume": 9670502.8, "trend": 555.583214, "fair_value": 677.194363, "relative_strength": -31.820831, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.564317, "energy": 88.198127, "activity_lines": [ 460.723336, 487.574548, 528.137147, 539.191448 ] }, { "date": "2026-02-20", "close": 439.700012, "volume": 3862778, "typical_volume": 9521175.55, "trend": 547.319321, "fair_value": 676.554426, "relative_strength": -31.443055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.2796, "energy": 89.727953, "activity_lines": [ 448.97334, 474.71455, 517.798815, 531.715112 ] }, { "date": "2026-02-27", "close": 417.149994, "volume": 4862125, "typical_volume": 9620405.0, "trend": 541.35153, "fair_value": 675.716917, "relative_strength": -33.034395, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.891178, "energy": 91.366843, "activity_lines": [ 434.766669, 460.070911, 505.761671, 523.317091 ] }, { "date": "2026-03-06", "close": 406.350006, "volume": 2654960, "typical_volume": 9599418.7, "trend": 535.621668, "fair_value": 674.83605, "relative_strength": -32.096874, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.85499, "energy": 91.146611, "activity_lines": [ 423.330003, 446.240912, 493.226195, 514.607315 ] }, { "date": "2026-03-13", "close": 353.200012, "volume": 7371007, "typical_volume": 9828257.1, "trend": 527.871668, "fair_value": 673.713812, "relative_strength": -36.988506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.16194, "energy": 95.219089, "activity_lines": [ 397.483339, 425.408186, 476.206196, 502.838176 ] }, { "date": "2026-03-20", "close": 350.649994, "volume": 6974460, "typical_volume": 6710512.05, "trend": 519.935002, "fair_value": 672.583214, "relative_strength": -36.545636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.952363, "energy": 93.513125, "activity_lines": [ 377.273336, 407.367276, 459.818575, 491.40452 ] }, { "date": "2026-03-27", "close": 376.700012, "volume": 11548404, "typical_volume": 6834052.65, "trend": 514.323336, "fair_value": 671.544542, "relative_strength": -30.154676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.942679, "energy": 80.251832, "activity_lines": [ 371.703339, 396.916368, 447.350481, 482.163553 ] }, { "date": "2026-04-03", "close": 360.600006, "volume": 3708073, "typical_volume": 6770239.3, "trend": 508.598337, "fair_value": 670.344533, "relative_strength": -32.047628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.697871, "energy": 73.505399, "activity_lines": [ 364.966673, 386.063641, 434.631909, 472.245919 ] }, { "date": "2026-04-10", "close": 428.600006, "volume": 10013007, "typical_volume": 6902149.9, "trend": 504.868337, "fair_value": 669.747471, "relative_strength": -22.868278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.731807, "energy": 58.833863, "activity_lines": [ 384.666673, 390.340005, 429.738576, 467.084736 ] }, { "date": "2026-04-17", "close": 471.850006, "volume": 5681689, "typical_volume": 6515457.1, "trend": 502.670004, "fair_value": 669.367285, "relative_strength": -15.192089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.769882, "energy": 29.513117, "activity_lines": [ 417.300006, 402.977278, 429.872862, 464.954521 ] }, { "date": "2026-04-24", "close": 493.25, "volume": 19276087, "typical_volume": 7202829.2, "trend": 502.103338, "fair_value": 669.239264, "relative_strength": -8.702856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.550156, "energy": 23.448195, "activity_lines": [ 449.156671, 419.117277, 432.612147, 464.346779 ] }, { "date": "2026-05-01", "close": 479.549988, "volume": 8080919, "typical_volume": 7411746.4, "trend": 500.290003, "fair_value": 669.000745, "relative_strength": -10.957411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.384492, "energy": 28.417432, "activity_lines": [ 466.939998, 431.798183, 434.46286, 462.891724 ] }, { "date": "2026-05-08", "close": 462.25, "volume": 4820817, "typical_volume": 7258587.8, "trend": 498.08167, "fair_value": 668.503124, "relative_strength": -14.15573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.027541, "energy": 26.901408, "activity_lines": [ 472.099998, 440.609092, 435.082859, 460.43753 ] }, { "date": "2026-05-15", "close": 458.799988, "volume": 5223307, "typical_volume": 7339842.75, "trend": 495.788337, "fair_value": 668.061323, "relative_strength": -12.297812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.355576, "energy": 22.080276, "activity_lines": [ 469.333327, 447.972726, 435.886906, 457.903228 ] }, { "date": "2026-05-22", "close": 445.600006, "volume": 2463117, "typical_volume": 7294088.65, "trend": 492.741671, "fair_value": 667.446431, "relative_strength": -14.418522, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.62486, "energy": 13.567998, "activity_lines": [ 460.153331, 451.982727, 435.880954, 454.665271 ] }, { "date": "2026-05-29", "close": 445.149994, "volume": 2476192, "typical_volume": 7234417.8, "trend": 485.82167, "fair_value": 666.797672, "relative_strength": -13.147653, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.760341, "energy": 10.997811, "activity_lines": [ 452.57333, 454.230907, 436.244762, 451.594841 ] }, { "date": "2026-06-05", "close": 436.700012, "volume": 1017643, "typical_volume": 7182643.8, "trend": 478.841672, "fair_value": 665.806323, "relative_strength": -13.336864, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.882332, "energy": 16.239312, "activity_lines": [ 445.383335, 453.224546, 436.101192, 448.425701 ] }, { "date": "2026-06-12", "close": 439.149994, "volume": 1080632, "typical_volume": 7051683.25, "trend": 472.016671, "fair_value": 664.790433, "relative_strength": -12.833175, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.639816, "energy": 19.103594, "activity_lines": [ 441.866667, 451.572726, 436.566667, 445.864948 ] }, { "date": "2026-06-19", "close": 519.450012, "volume": 1590868, "typical_volume": 6252844.9, "trend": 468.685004, "fair_value": 664.052289, "relative_strength": 2.076991, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 13.459066, "energy": 12.329028, "activity_lines": [ 466.656671, 463.092728, 445.030002, 448.925163 ] }, { "date": "2026-06-26", "close": 495.202545, "volume": 0, "typical_volume": 5860272.5, "trend": 465.495088, "fair_value": 663.088762, "relative_strength": -2.063741, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.179052, "energy": 37.144259, "activity_lines": [ 479.320852, 468.552282, 450.881672, 450.635973 ] }, { "date": "2026-07-03", "close": 548.409424, "volume": 1142044, "typical_volume": 5192406.45, "trend": 464.420401, "fair_value": 662.356749, "relative_strength": 8.251527, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.874994, "energy": 62.820685, "activity_lines": [ 506.413822, 483.261222, 461.587796, 455.985285 ] }, { "date": "2026-07-10", "close": 544.423889, "volume": 3677242, "typical_volume": 5183129.65, "trend": 463.664531, "fair_value": 661.762723, "relative_strength": 8.551223, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.475531, "energy": 71.240898, "activity_lines": [ 525.29432, 496.242621, 471.398109, 461.1468 ] }, { "date": "2026-07-17", "close": 555.732849, "volume": 2420864, "typical_volume": 5061066.6, "trend": 463.192292, "fair_value": 661.164852, "relative_strength": 10.872716, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 75.447315, "energy": 85.166623, "activity_lines": [ 540.762878, 510.100669, 481.786781, 467.086691 ] }, { "date": "2026-07-24", "close": 533.264404, "volume": 2487011, "typical_volume": 5052669.15, "trend": 462.544439, "fair_value": 659.951191, "relative_strength": 9.463875, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.23687, "energy": 80.952985, "activity_lines": [ 540.969765, 518.173856, 489.375682, 471.607473 ] }, { "date": "2026-07-31", "close": 547.950012, "volume": 7814199, "typical_volume": 5074828.75, "trend": 463.067772, "fair_value": 658.737444, "relative_strength": 9.821367, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.314773, "energy": 78.14076, "activity_lines": [ 545.150895, 527.563256, 497.758859, 477.11751 ] }, { "date": "2026-08-07", "close": 543.25, "volume": 1508330, "typical_volume": 4801522.25, "trend": 464.256105, "fair_value": 657.045122, "relative_strength": 8.215731, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.133403, "energy": 63.587001, "activity_lines": [ 544.248856, 534.237199, 504.767035, 482.290557 ] } ], "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." } } }