{ "ticker": { "uuid": "7b4df6b6-2705-4042-8dd1-bdcb3e1b4ccb", "symbol": "GMRP&UI", "name": "GMR Power And Urban Infra 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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "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": -61.312, "architecture_energy": 46.357, "architecture_maturity": 17.447, "architecture_confidence": 85.454, "architecture_tenure": "Developing", "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": 13.22, "rotation_up": 15.93, "upward_expansion": 6.99, "deceleration": 45.85, "rotation_down": 62.16, "downward_expansion": 82.66 }, "activity_lines": [ 98.000666, 98.909818, 102.083809, 103.298538 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 97.489998, "trend_reference": 104.612333, "distance_from_trend": -0.068083, "trend_direction": "Weakening", "fair_value": 93.921218, "distance_from_fair_value": 0.037998, "fair_value_direction": "Weakening", "relative_strength": -10.058283, "relative_strength_direction": "Weakening", "price_momentum": -0.11033, "excess_performance": -0.066621, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.068083, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.043693, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.037998, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.207728, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.100583, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.101344, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.11033, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.174432, "read": "Demand-led" } ], "volume": { "latest": 3925653, "relative_activity": 0.680311, "balance": 1.174432, "dry_up": 0.61864, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.060117, "annualized_volatility": 0.339727, "from_high_reference": -0.288134, "from_low_reference": 0.095393 }, "levels": { "trend_reference": 104.612333, "fair_value_reference": 93.921218, "structural_low": 89.0, "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": 7, "median_return": 0.035643, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.004312, "regime_survival": 0.714286, "best_return": 0.132789, "worst_return": -0.091762, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.04341, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.062206, "regime_survival": 0.666667, "best_return": 0.046454, "worst_return": -0.07934, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.008205, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.014741, "regime_survival": 0.5, "best_return": 0.055783, "worst_return": -0.039374, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.021514, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.062643, "regime_survival": 1.0, "best_return": 0.021514, "worst_return": 0.021514, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-16", "end": "2024-04-26", "tenure": "Developing", "return": 0.346004, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-03", "end": "2024-10-25", "tenure": "Established", "return": 0.628774, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-01", "end": "2025-01-03", "tenure": "Developing", "return": 0.107612, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-10", "end": "2025-02-28", "tenure": "Developing", "return": -0.14714, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-07", "end": "2025-04-04", "tenure": "Developing", "return": 0.07406, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": 0.148767, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-04-25", "end": "2025-05-02", "tenure": "New", "return": -0.091876, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-11-21", "tenure": "Extended", "return": 0.203135, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": -0.036016, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-01-02", "tenure": "New", "return": -0.040728, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-01-09", "end": "2026-01-16", "tenure": "New", "return": 0.05498, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-23", "end": "2026-05-01", "tenure": "Established", "return": 0.048824, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-06-26", "tenure": "Developing", "return": -0.080248, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.024612, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 22.75, "volume": 18426448, "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": 24.15, "volume": 39702488, "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": 28.450001, "volume": 35172153, "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": 36.299999, "volume": 64716869, "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": 42.049999, "volume": 46986779, "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": 39.700001, "volume": 65931319, "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": 35.599998, "volume": 62562127, "typical_volume": 25347377.75, "trend": 21.66, "fair_value": 23.656875, "relative_strength": 52.002164, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.088164, "energy": 87.75319, "activity_lines": [ 37.599999, 32.853636, 27.364048, 24.665269 ] }, { "date": "2023-10-06", "close": 34.799999, "volume": 17770155, "typical_volume": 26164280.65, "trend": 22.215, "fair_value": 23.794444, "relative_strength": 48.187372, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.208391, "energy": 75.150044, "activity_lines": [ 37.059999, 33.914545, 28.421428, 25.513011 ] }, { "date": "2023-10-13", "close": 34.099998, "volume": 20921142, "typical_volume": 27107397.35, "trend": 22.768333, "fair_value": 23.920122, "relative_strength": 44.075064, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.742252, "energy": 58.80363, "activity_lines": [ 35.863332, 34.590908, 29.33119, 26.279785 ] }, { "date": "2023-10-20", "close": 33.599998, "volume": 13159488, "typical_volume": 27709087.4, "trend": 23.336666, "fair_value": 24.036747, "relative_strength": 42.821874, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.63102, "energy": 44.043638, "activity_lines": [ 34.646665, 34.91909, 30.113095, 26.978602 ] }, { "date": "2023-10-27", "close": 32.150002, "volume": 9993493, "typical_volume": 28055055.95, "trend": 23.876667, "fair_value": 24.133333, "relative_strength": 39.608129, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.46701, "energy": 34.422492, "activity_lines": [ 33.509999, 34.737272, 30.677619, 27.547204 ] }, { "date": "2023-11-03", "close": 32.5, "volume": 10184917, "typical_volume": 28323264.2, "trend": 24.391667, "fair_value": 24.231765, "relative_strength": 39.029508, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.406474, "energy": 27.998594, "activity_lines": [ 32.993333, 34.448181, 31.206904, 28.103548 ] }, { "date": "2023-11-10", "close": 36.5, "volume": 27202229, "typical_volume": 29493050.6, "trend": 25.063333, "fair_value": 24.374419, "relative_strength": 53.165269, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.285023, "energy": 32.305359, "activity_lines": [ 34.016667, 34.734545, 32.051428, 28.884731 ] }, { "date": "2023-11-17", "close": 42.299999, "volume": 12773253, "typical_volume": 30025876.15, "trend": 25.888333, "fair_value": 24.58046, "relative_strength": 72.465958, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.821492, "energy": 49.743032, "activity_lines": [ 36.86, 35.92909, 33.357619, 29.996774 ] }, { "date": "2023-11-24", "close": 42.75, "volume": 35329306, "typical_volume": 31191101.4, "trend": 26.683333, "fair_value": 24.786932, "relative_strength": 71.357988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.334171, "energy": 55.223655, "activity_lines": [ 39.306667, 37.096363, 34.589523, 31.084623 ] }, { "date": "2023-12-01", "close": 43.049999, "volume": 17877222, "typical_volume": 29272255.6, "trend": 27.481667, "fair_value": 24.992135, "relative_strength": 66.317594, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.660765, "energy": 70.623554, "activity_lines": [ 41.243333, 38.305454, 35.738095, 32.140537 ] }, { "date": "2023-12-08", "close": 48.150002, "volume": 26192601, "typical_volume": 29200580.3, "trend": 28.461667, "fair_value": 25.249444, "relative_strength": 76.970714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.658141, "energy": 88.052995, "activity_lines": [ 44.153334, 40.380909, 37.270952, 33.473978 ] }, { "date": "2023-12-15", "close": 51.299999, "volume": 73958532, "typical_volume": 31472618.1, "trend": 29.578333, "fair_value": 25.535714, "relative_strength": 81.450657, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.628268, "energy": 92.531783, "activity_lines": [ 47.07, 42.800909, 38.968333, 34.947419 ] }, { "date": "2023-12-22", "close": 52.950001, "volume": 61693516, "typical_volume": 33814119.35, "trend": 30.768333, "fair_value": 25.833696, "relative_strength": 84.676057, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.763818, "energy": 92.61226, "activity_lines": [ 49.55, 45.220909, 40.676905, 36.455269 ] }, { "date": "2023-12-29", "close": 56.150002, "volume": 42751785, "typical_volume": 35165291.1, "trend": 32.075, "fair_value": 26.159677, "relative_strength": 88.849908, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.472092, "energy": 93.798985, "activity_lines": [ 52.386668, 47.88, 42.533095, 38.092796 ] }, { "date": "2024-01-05", "close": 54.299999, "volume": 30780263, "typical_volume": 35782981.85, "trend": 33.293333, "fair_value": 26.459042, "relative_strength": 79.576266, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.766862, "energy": 86.420056, "activity_lines": [ 53.713334, 49.792728, 44.04119, 39.526667 ] }, { "date": "2024-01-12", "close": 53.650002, "volume": 13839197, "typical_volume": 34489817.3, "trend": 34.458333, "fair_value": 26.745263, "relative_strength": 72.951878, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.439368, "energy": 74.786136, "activity_lines": [ 54.073334, 51.184546, 45.337143, 40.84 ] }, { "date": "2024-01-19", "close": 51.049999, "volume": 9764654, "typical_volume": 33219442.35, "trend": 35.578333, "fair_value": 26.998437, "relative_strength": 63.942929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.738122, "energy": 61.588593, "activity_lines": [ 53.2, 51.719091, 46.245, 41.91043 ] }, { "date": "2024-01-26", "close": 49.950001, "volume": 9223285, "typical_volume": 30444763.15, "trend": 36.653333, "fair_value": 27.235051, "relative_strength": 59.773183, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.209083, "energy": 50.743116, "activity_lines": [ 51.976667, 51.789091, 46.940476, 42.837634 ] }, { "date": "2024-02-02", "close": 53.200001, "volume": 26909162, "typical_volume": 29440882.3, "trend": 37.785, "fair_value": 27.5, "relative_strength": 63.303197, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.529352, "energy": 42.445881, "activity_lines": [ 52.036667, 52.31091, 47.880476, 43.905161 ] }, { "date": "2024-02-09", "close": 52.549999, "volume": 46969385, "typical_volume": 28492785.6, "trend": 38.811667, "fair_value": 27.75303, "relative_strength": 59.057551, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.511591, "energy": 35.424568, "activity_lines": [ 52.076667, 52.524546, 48.705476, 44.857742 ] }, { "date": "2024-02-16", "close": 51.299999, "volume": 20649385, "typical_volume": 26397148.5, "trend": 39.865, "fair_value": 27.9885, "relative_strength": 51.157147, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.669829, "energy": 32.281436, "activity_lines": [ 51.816666, 52.338182, 49.350238, 45.663441 ] }, { "date": "2024-02-23", "close": 51.099998, "volume": 12628293, "typical_volume": 26140055.4, "trend": 40.88, "fair_value": 28.217327, "relative_strength": 47.173018, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.977269, "energy": 31.637043, "activity_lines": [ 51.646666, 52.058181, 49.90119, 46.388279 ] }, { "date": "2024-03-01", "close": 52.150002, "volume": 22264200, "typical_volume": 26207208.3, "trend": 41.953333, "fair_value": 28.451961, "relative_strength": 47.028771, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.064478, "energy": 28.771319, "activity_lines": [ 51.823333, 51.972727, 50.474524, 47.115376 ] }, { "date": "2024-03-08", "close": 50.549999, "volume": 14560922, "typical_volume": 26277280.0, "trend": 42.97, "fair_value": 28.666505, "relative_strength": 39.501083, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.329891, "energy": 23.80199, "activity_lines": [ 51.32, 51.610909, 50.809524, 47.67 ] }, { "date": "2024-03-15", "close": 44.150002, "volume": 19879670, "typical_volume": 26771588.85, "trend": 43.683333, "fair_value": 28.815385, "relative_strength": 22.999669, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.44694, "energy": 8.382392, "activity_lines": [ 48.86, 50.187273, 50.454286, 47.746129 ] }, { "date": "2024-03-22", "close": 46.900002, "volume": 19814599, "typical_volume": 27253072.95, "trend": 44.441667, "fair_value": 28.987619, "relative_strength": 28.489882, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.970304, "energy": 11.891196, "activity_lines": [ 47.876668, 49.448182, 50.30381, 47.953656 ] }, { "date": "2024-03-29", "close": 42.849998, "volume": 19641074, "typical_volume": 26875015.2, "trend": 44.921667, "fair_value": 29.118396, "relative_strength": 14.846557, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.023786, "energy": 18.678061, "activity_lines": [ 45.836667, 48.095455, 49.699048, 47.850968 ] }, { "date": "2024-04-05", "close": 53.700001, "volume": 21118158, "typical_volume": 27292260.45, "trend": 45.501667, "fair_value": 29.348131, "relative_strength": 40.44335, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.531412, "energy": 17.843154, "activity_lines": [ 47.963334, 48.864546, 50.097381, 48.417312 ] }, { "date": "2024-04-12", "close": 56.099998, "volume": 28253052, "typical_volume": 26938447.75, "trend": 45.97, "fair_value": 29.595833, "relative_strength": 44.114334, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.260113, "energy": 21.587063, "activity_lines": [ 50.786666, 50.001818, 50.67, 49.101075 ] }, { "date": "2024-04-19", "close": 57.200001, "volume": 18720179, "typical_volume": 26980595.6, "trend": 46.553333, "fair_value": 29.849083, "relative_strength": 46.818864, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 57.832137, "energy": 42.29201, "activity_lines": [ 53.606667, 51.286364, 51.28381, 49.825591 ] }, { "date": "2024-04-26", "close": 69.050003, "volume": 57629823, "typical_volume": 28552456.7, "trend": 47.668333, "fair_value": 30.205455, "relative_strength": 71.269709, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 80.873917, "energy": 72.997421, "activity_lines": [ 59.506668, 54.64091, 52.95881, 51.27699 ] }, { "date": "2024-05-03", "close": 70.550003, "volume": 12495364, "typical_volume": 25479298.3, "trend": 48.86, "fair_value": 30.568919, "relative_strength": 70.75341, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.775555, "energy": 83.347042, "activity_lines": [ 64.430002, 57.945456, 54.677143, 52.753226 ] }, { "date": "2024-05-10", "close": 61.549999, "volume": 25197703, "typical_volume": 23654507.65, "trend": 49.775, "fair_value": 30.845536, "relative_strength": 49.056534, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.561699, "energy": 75.769095, "activity_lines": [ 64.506668, 59.260001, 55.446667, 53.571936 ] }, { "date": "2024-05-17", "close": 68.5, "volume": 27821860, "typical_volume": 22908011.4, "trend": 50.938334, "fair_value": 31.178761, "relative_strength": 59.461006, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.89372, "energy": 77.211924, "activity_lines": [ 66.376667, 61.667273, 56.837143, 54.78 ] }, { "date": "2024-05-24", "close": 67.550003, "volume": 16128885, "typical_volume": 22175442.5, "trend": 52.118334, "fair_value": 31.497807, "relative_strength": 50.837087, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.598884, "energy": 61.42402, "activity_lines": [ 67.103335, 63.575456, 58.078334, 55.851721 ] }, { "date": "2024-05-31", "close": 65.900002, "volume": 11042016, "typical_volume": 22035583.45, "trend": 53.231667, "fair_value": 31.796957, "relative_strength": 47.023796, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.581364, "energy": 44.952698, "activity_lines": [ 66.590002, 64.758183, 59.099287, 56.740861 ] }, { "date": "2024-06-07", "close": 70.800003, "volume": 25620858, "typical_volume": 22828393.65, "trend": 54.375001, "fair_value": 32.13319, "relative_strength": 49.787988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.089134, "energy": 49.149257, "activity_lines": [ 67.920002, 66.486365, 60.528573, 57.874302 ] }, { "date": "2024-06-14", "close": 81.550003, "volume": 24075244, "typical_volume": 23570991.6, "trend": 55.683334, "fair_value": 32.555556, "relative_strength": 67.306398, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.79054, "energy": 65.852849, "activity_lines": [ 72.816669, 69.660911, 62.88762, 59.627528 ] }, { "date": "2024-06-21", "close": 89.669998, "volume": 30485579, "typical_volume": 23749812.45, "trend": 57.247334, "fair_value": 33.039576, "relative_strength": 78.915758, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.377438, "energy": 83.725522, "activity_lines": [ 79.086668, 73.805456, 65.869525, 61.820216 ] }, { "date": "2024-06-28", "close": 83.889999, "volume": 16184228, "typical_volume": 22210554.6, "trend": 58.608667, "fair_value": 33.466891, "relative_strength": 60.118404, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.172925, "energy": 82.549705, "activity_lines": [ 82.018667, 76.288728, 68.127287, 63.539097 ] }, { "date": "2024-07-05", "close": 89.989998, "volume": 16208735, "typical_volume": 21988522.1, "trend": 60.003334, "fair_value": 33.937917, "relative_strength": 65.603016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.388825, "energy": 88.740124, "activity_lines": [ 85.894666, 79.395818, 70.816763, 65.563699 ] }, { "date": "2024-07-12", "close": 103.150002, "volume": 37840047, "typical_volume": 23249109.8, "trend": 61.731667, "fair_value": 34.509917, "relative_strength": 83.544349, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.851144, "energy": 94.01859, "activity_lines": [ 92.551333, 84.51491, 74.575334, 68.347355 ] }, { "date": "2024-07-19", "close": 95.809998, "volume": 18421170, "typical_volume": 23056958.3, "trend": 63.160334, "fair_value": 35.012377, "relative_strength": 66.230825, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.124591, "energy": 82.394593, "activity_lines": [ 94.604666, 87.706727, 77.387, 70.545957 ] }, { "date": "2024-07-26", "close": 97.459999, "volume": 16748647, "typical_volume": 23166344.55, "trend": 64.537334, "fair_value": 35.520081, "relative_strength": 63.186439, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.321841, "energy": 80.869495, "activity_lines": [ 96.257333, 90.575636, 80.147905, 72.758839 ] }, { "date": "2024-08-02", "close": 93.989998, "volume": 13726349, "typical_volume": 22858678.5, "trend": 65.860334, "fair_value": 35.991613, "relative_strength": 54.682975, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.514897, "energy": 63.510357, "activity_lines": [ 96.233999, 92.28709, 82.354952, 74.659011 ] }, { "date": "2024-08-09", "close": 100.309998, "volume": 24457524, "typical_volume": 23090824.75, "trend": 67.415667, "fair_value": 36.50616, "relative_strength": 63.511039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.583246, "energy": 62.265008, "activity_lines": [ 97.643998, 94.666908, 84.926571, 76.88157 ] }, { "date": "2024-08-16", "close": 104.449997, "volume": 25264887, "typical_volume": 23372015.4, "trend": 69.195667, "fair_value": 37.045397, "relative_strength": 65.171348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.115741, "energy": 63.753418, "activity_lines": [ 99.745998, 97.173817, 87.638142, 79.270882 ] }, { "date": "2024-08-23", "close": 122.059998, "volume": 32424647, "typical_volume": 23937339.85, "trend": 71.599333, "fair_value": 37.714803, "relative_strength": 85.747304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.297133, "energy": 72.986988, "activity_lines": [ 107.631331, 102.270726, 91.733523, 82.681484 ] }, { "date": "2024-08-30", "close": 137.910004, "volume": 43483568, "typical_volume": 24698865.65, "trend": 74.423, "fair_value": 38.497578, "relative_strength": 100.604275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.406032, "energy": 93.124388, "activity_lines": [ 119.05, 109.512908, 97.012904, 86.959591 ] }, { "date": "2024-09-06", "close": 138.419998, "volume": 47030406, "typical_volume": 26114377.0, "trend": 77.285333, "fair_value": 39.272171, "relative_strength": 99.19845, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.249101, "energy": 92.629298, "activity_lines": [ 127.941999, 115.970726, 101.951285, 91.08843 ] }, { "date": "2024-09-13", "close": 135.600006, "volume": 18477787, "typical_volume": 24156775.2, "trend": 80.095334, "fair_value": 40.013154, "relative_strength": 87.057923, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.583314, "energy": 89.8045, "activity_lines": [ 132.932002, 120.924364, 106.234333, 94.850667 ] }, { "date": "2024-09-20", "close": 141.539993, "volume": 24734848, "typical_volume": 24768749.4, "trend": 83.11, "fair_value": 40.788168, "relative_strength": 87.584345, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.046525, "energy": 89.733216, "activity_lines": [ 137.549333, 126.128726, 110.76619, 98.814838 ] }, { "date": "2024-09-27", "close": 158.699997, "volume": 33805678, "typical_volume": 25199148.15, "trend": 86.661667, "fair_value": 41.681439, "relative_strength": 101.57889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.47688, "energy": 84.295816, "activity_lines": [ 145.413998, 133.75509, 116.594285, 103.691612 ] }, { "date": "2024-10-04", "close": 146.220001, "volume": 10958511, "typical_volume": 24355980.7, "trend": 89.850667, "fair_value": 42.467444, "relative_strength": 89.43593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.338767, "energy": 66.277495, "activity_lines": [ 146.675999, 137.968908, 120.77119, 107.534086 ] }, { "date": "2024-10-11", "close": 134.339996, "volume": 16085542, "typical_volume": 24353813.55, "trend": 92.857, "fair_value": 43.15306, "relative_strength": 70.511896, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.963375, "energy": 62.791667, "activity_lines": [ 143.423998, 139.13618, 123.44657, 110.404365 ] }, { "date": "2024-10-18", "close": 134.550003, "volume": 7916845, "typical_volume": 24197555.0, "trend": 95.778667, "fair_value": 43.830074, "relative_strength": 67.759223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.677775, "energy": 54.975913, "activity_lines": [ 140.513999, 139.607999, 125.823904, 113.094236 ] }, { "date": "2024-10-25", "close": 114.910004, "volume": 8852678, "typical_volume": 23359146.0, "trend": 98.180667, "fair_value": 44.352721, "relative_strength": 44.619913, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.347754, "energy": 30.00664, "activity_lines": [ 131.127335, 135.886364, 126.003857, 114.328516 ] }, { "date": "2024-11-01", "close": 117.18, "volume": 13134084, "typical_volume": 22812088.0, "trend": 100.296667, "fair_value": 44.884307, "relative_strength": 44.086596, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.579241, "energy": 27.001329, "activity_lines": [ 124.272668, 132.387273, 126.189952, 115.554279 ] }, { "date": "2024-11-08", "close": 109.779999, "volume": 13368650, "typical_volume": 21956241.55, "trend": 102.086, "fair_value": 45.354565, "relative_strength": 33.809244, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.55193, "energy": 23.009222, "activity_lines": [ 117.719334, 127.631455, 125.501619, 116.166107 ] }, { "date": "2024-11-15", "close": 102.760002, "volume": 10220609, "typical_volume": 21658060.6, "trend": 103.604667, "fair_value": 45.767554, "relative_strength": 26.93153, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.585731, "energy": 27.11733, "activity_lines": [ 111.255334, 122.110728, 124.048952, 116.209591 ] }, { "date": "2024-11-22", "close": 99.75, "volume": 5800750, "typical_volume": 21137661.35, "trend": 104.628, "fair_value": 46.153143, "relative_strength": 19.933758, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.677704, "energy": 31.126448, "activity_lines": [ 105.893334, 116.691091, 122.219762, 115.960903 ] }, { "date": "2024-11-29", "close": 114.720001, "volume": 6542409, "typical_volume": 19572779.45, "trend": 106.100333, "fair_value": 46.639433, "relative_strength": 34.695109, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.497726, "energy": 23.863041, "activity_lines": [ 107.841334, 114.645092, 121.76981, 116.612 ] }, { "date": "2024-12-06", "close": 117.339996, "volume": 10005164, "typical_volume": 19151979.15, "trend": 107.96, "fair_value": 47.137324, "relative_strength": 32.93828, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.537228, "energy": 19.835051, "activity_lines": [ 110.675332, 113.563091, 121.514285, 117.337139 ] }, { "date": "2024-12-13", "close": 112.919998, "volume": 7319965, "typical_volume": 18680545.05, "trend": 109.440666, "fair_value": 47.597343, "relative_strength": 25.994505, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.584175, "energy": 12.122478, "activity_lines": [ 112.025332, 112.429454, 120.735285, 117.657139 ] }, { "date": "2024-12-20", "close": 101.489998, "volume": 5110086, "typical_volume": 18249731.9, "trend": 110.572, "fair_value": 47.971597, "relative_strength": 17.769246, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.735422, "energy": 18.07365, "activity_lines": [ 109.355998, 109.82309, 118.794095, 117.144193 ] }, { "date": "2024-12-27", "close": 109.639999, "volume": 4626224, "typical_volume": 17258166.9, "trend": 112.03, "fair_value": 48.396896, "relative_strength": 24.693603, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -4.892924, "energy": 11.558945, "activity_lines": [ 109.487998, 109.295817, 117.59338, 117.084064 ] }, { "date": "2025-01-03", "close": 129.789993, "volume": 25421839, "typical_volume": 17266014.5, "trend": 113.996333, "fair_value": 48.954383, "relative_strength": 44.250446, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 22.582345, "energy": 12.622141, "activity_lines": [ 115.67733, 112.885089, 118.267285, 118.22987 ] }, { "date": "2025-01-10", "close": 115.739998, "volume": 9953683, "typical_volume": 16142466.3, "trend": 115.135999, "fair_value": 49.408707, "relative_strength": 30.120396, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.188371, "energy": 5.799432, "activity_lines": [ 116.178664, 113.64927, 117.482427, 118.342364 ] }, { "date": "2025-01-17", "close": 119.129997, "volume": 9279489, "typical_volume": 14432262.35, "trend": 116.117999, "fair_value": 49.879797, "relative_strength": 33.375584, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.062606, "energy": 11.212877, "activity_lines": [ 117.916663, 115.055997, 117.050522, 118.600042 ] }, { "date": "2025-01-24", "close": 114.07, "volume": 7159308, "typical_volume": 12438707.45, "trend": 117.123999, "fair_value": 50.310604, "relative_strength": 26.678676, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.168382, "energy": 10.467973, "activity_lines": [ 117.553998, 115.372725, 116.226141, 118.467913 ] }, { "date": "2025-01-31", "close": 106.559998, "volume": 9950719, "typical_volume": 12012354.05, "trend": 117.676332, "fair_value": 50.6856, "relative_strength": 15.052764, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.411866, "energy": 14.617886, "activity_lines": [ 113.849331, 114.118361, 114.802475, 117.786364 ] }, { "date": "2025-02-07", "close": 112.639999, "volume": 10463817, "typical_volume": 11298802.5, "trend": 117.992666, "fair_value": 51.095894, "relative_strength": 19.964326, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.802968, "energy": 24.316191, "activity_lines": [ 112.376665, 113.845634, 114.096141, 117.46144 ] }, { "date": "2025-02-14", "close": 102.919998, "volume": 8980071, "typical_volume": 10057522.15, "trend": 118.229666, "fair_value": 51.436842, "relative_strength": 11.464964, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.980883, "energy": 47.117536, "activity_lines": [ 108.807332, 111.843453, 112.601713, 116.489009 ] }, { "date": "2025-02-21", "close": 109.370003, "volume": 10578444, "typical_volume": 10038518.8, "trend": 118.626666, "fair_value": 51.81549, "relative_strength": 17.739219, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.808687, "energy": 43.760198, "activity_lines": [ 108.242667, 111.276181, 111.987189, 115.917418 ] }, { "date": "2025-02-28", "close": 98.709999, "volume": 15854926, "typical_volume": 10026988.0, "trend": 118.783999, "fair_value": 52.12, "relative_strength": 8.399113, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.478588, "energy": 55.108798, "activity_lines": [ 104.775333, 108.835272, 110.532904, 114.632472 ] }, { "date": "2025-03-07", "close": 105.050003, "volume": 13230149, "typical_volume": 10292653.2, "trend": 118.941999, "fair_value": 52.461484, "relative_strength": 11.912575, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.136338, "energy": 45.678236, "activity_lines": [ 104.445334, 107.597636, 109.852094, 113.746408 ] }, { "date": "2025-03-14", "close": 100.279999, "volume": 10979911, "typical_volume": 10399014.85, "trend": 118.802999, "fair_value": 52.768013, "relative_strength": 6.356649, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.284528, "energy": 41.17338, "activity_lines": [ 102.626001, 105.576182, 108.857475, 112.542408 ] }, { "date": "2025-03-21", "close": 111.860001, "volume": 24117001, "typical_volume": 10948160.7, "trend": 118.462999, "fair_value": 53.220961, "relative_strength": 12.425127, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.245221, "energy": 28.816648, "activity_lines": [ 105.490667, 106.196728, 109.03538, 112.094472 ] }, { "date": "2025-03-28", "close": 114.330002, "volume": 11012306, "typical_volume": 10830343.5, "trend": 117.676999, "fair_value": 53.749038, "relative_strength": 12.587333, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.857003, "energy": 13.331317, "activity_lines": [ 108.582668, 107.33691, 109.473857, 111.827827 ] }, { "date": "2025-04-04", "close": 112.830002, "volume": 7746530, "typical_volume": 10706639.55, "trend": 116.823999, "fair_value": 54.320384, "relative_strength": 12.816332, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.759623, "energy": 13.492195, "activity_lines": [ 110.844001, 108.291637, 109.747809, 111.515118 ] }, { "date": "2025-04-11", "close": 116.760002, "volume": 8252546, "typical_volume": 10829229.35, "trend": 116.195999, "fair_value": 54.866923, "relative_strength": 15.796074, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.503327, "energy": 15.349585, "activity_lines": [ 113.474002, 109.983456, 110.348095, 111.510989 ] }, { "date": "2025-04-18", "close": 134.130005, "volume": 15826883, "typical_volume": 11293453.05, "trend": 115.949, "fair_value": 55.517756, "relative_strength": 25.65323, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.868096, "energy": 37.739251, "activity_lines": [ 121.113336, 114.648002, 112.521667, 112.668022 ] }, { "date": "2025-04-25", "close": 122.230003, "volume": 15411772, "typical_volume": 11563783.45, "trend": 114.733333, "fair_value": 56.108333, "relative_strength": 12.640908, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.836135, "energy": 40.978373, "activity_lines": [ 122.529336, 116.758184, 113.469477, 113.073248 ] }, { "date": "2025-05-02", "close": 111.0, "volume": 6825799, "typical_volume": 11539075.15, "trend": 113.559333, "fair_value": 56.640064, "relative_strength": 0.393163, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.652976, "energy": 29.940724, "activity_lines": [ 119.510669, 116.475457, 113.324477, 112.832387 ] }, { "date": "2025-05-09", "close": 105.25, "volume": 9182004, "typical_volume": 11742671.05, "trend": 112.589667, "fair_value": 57.141346, "relative_strength": -4.111368, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.350732, "energy": 8.010508, "activity_lines": [ 114.797335, 115.117638, 112.641001, 112.296301 ] }, { "date": "2025-05-16", "close": 127.550003, "volume": 12622009, "typical_volume": 12142460.3, "trend": 112.356333, "fair_value": 57.787179, "relative_strength": 10.55306, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.572929, "energy": 23.587456, "activity_lines": [ 118.022668, 117.695456, 114.06343, 113.261484 ] }, { "date": "2025-05-23", "close": 118.709999, "volume": 8010792, "typical_volume": 11271907.95, "trend": 112.483, "fair_value": 58.412564, "relative_strength": 2.794755, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.038587, "energy": 15.120727, "activity_lines": [ 117.582001, 118.256911, 114.558668, 113.671398 ] }, { "date": "2025-05-30", "close": 114.470001, "volume": 6650298, "typical_volume": 11106738.7, "trend": 112.392667, "fair_value": 59.018462, "relative_strength": -1.1619, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.777691, "energy": 13.53139, "activity_lines": [ 116.756001, 117.712365, 114.702858, 113.799592 ] }, { "date": "2025-06-06", "close": 109.93, "volume": 6061614, "typical_volume": 10945844.95, "trend": 112.397667, "fair_value": 59.568974, "relative_strength": -6.560925, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.498124, "energy": 12.000893, "activity_lines": [ 114.934, 116.29491, 114.420715, 113.64071 ] }, { "date": "2025-06-13", "close": 107.010002, "volume": 8767552, "typical_volume": 11026257.15, "trend": 112.539333, "fair_value": 60.125128, "relative_strength": -8.316127, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.6298, "energy": 7.487944, "activity_lines": [ 112.210001, 114.426547, 113.904287, 113.293119 ] }, { "date": "2025-06-20", "close": 103.629997, "volume": 8034821, "typical_volume": 10930462.25, "trend": 112.668667, "fair_value": 60.647756, "relative_strength": -12.71496, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.385133, "energy": 20.819202, "activity_lines": [ 108.242, 112.049455, 113.099572, 112.718323 ] }, { "date": "2025-06-27", "close": 114.68, "volume": 19720685, "typical_volume": 11393305.65, "trend": 112.667333, "fair_value": 61.254038, "relative_strength": -5.762643, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.944582, "energy": 12.998688, "activity_lines": [ 109.552, 111.920182, 113.361191, 112.848087 ] }, { "date": "2025-07-04", "close": 118.650002, "volume": 17446135, "typical_volume": 11816608.85, "trend": 112.711, "fair_value": 61.881923, "relative_strength": -2.203821, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.704897, "energy": 6.015895, "activity_lines": [ 112.454, 112.866364, 113.991191, 113.234065 ] }, { "date": "2025-07-11", "close": 113.779999, "volume": 7611736, "typical_volume": 11668273.45, "trend": 112.739667, "fair_value": 62.484679, "relative_strength": -5.177874, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.994885, "energy": 9.508907, "activity_lines": [ 113.454, 112.992182, 114.082477, 113.303033 ] }, { "date": "2025-07-18", "close": 115.690002, "volume": 10698540, "typical_volume": 11410454.15, "trend": 113.213, "fair_value": 63.078526, "relative_strength": -3.1695, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.303483, "energy": 18.815211, "activity_lines": [ 114.834001, 113.414728, 114.334667, 113.493377 ] }, { "date": "2025-07-25", "close": 112.459999, "volume": 5286240, "typical_volume": 11013258.7, "trend": 113.307, "fair_value": 63.643974, "relative_strength": -5.60396, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.46464, "energy": 10.377353, "activity_lines": [ 114.558667, 113.060182, 114.198382, 113.444796 ] }, { "date": "2025-08-01", "close": 105.07, "volume": 7065901, "typical_volume": 10817558.2, "trend": 112.483, "fair_value": 64.145705, "relative_strength": -11.001023, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.477799, "energy": 12.932971, "activity_lines": [ 111.231333, 111.636364, 113.323001, 112.913377 ] }, { "date": "2025-08-08", "close": 114.230003, "volume": 6703528, "typical_volume": 9946884.55, "trend": 112.432667, "fair_value": 64.706154, "relative_strength": -2.66248, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.039334, "energy": 7.358289, "activity_lines": [ 111.598001, 112.126001, 113.297191, 113.026087 ] }, { "date": "2025-08-15", "close": 116.739998, "volume": 5523836, "typical_volume": 9672461.05, "trend": 112.353001, "fair_value": 65.273077, "relative_strength": -1.795535, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.701224, "energy": 15.043765, "activity_lines": [ 113.096, 113.076364, 113.499143, 113.303979 ] }, { "date": "2025-08-22", "close": 118.989998, "volume": 6979067, "typical_volume": 9634087.9, "trend": 112.517001, "fair_value": 65.811474, "relative_strength": -0.811442, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.520018, "energy": 22.11695, "activity_lines": [ 115.146666, 114.312, 113.903905, 113.732173 ] }, { "date": "2025-08-29", "close": 110.18, "volume": 4515507, "typical_volume": 9447235.95, "trend": 112.637667, "fair_value": 66.314872, "relative_strength": -6.131626, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.561171, "energy": 12.781566, "activity_lines": [ 114.040666, 113.728, 113.440286, 113.581398 ] }, { "date": "2025-09-05", "close": 110.910004, "volume": 3503345, "typical_volume": 8831059.05, "trend": 112.580001, "fair_value": 66.833846, "relative_strength": -6.301925, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.331479, "energy": 10.736194, "activity_lines": [ 113.330001, 113.157637, 113.077524, 113.469936 ] }, { "date": "2025-09-12", "close": 116.730003, "volume": 6447720, "typical_volume": 8382856.45, "trend": 113.040334, "fair_value": 67.406795, "relative_strength": -2.575761, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.540348, "energy": 18.190937, "activity_lines": [ 114.170002, 113.714001, 113.37962, 113.737678 ] }, { "date": "2025-09-19", "close": 124.300003, "volume": 34923547, "typical_volume": 9787743.85, "trend": 113.538001, "fair_value": 68.029231, "relative_strength": 3.110707, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.416301, "energy": 30.87702, "activity_lines": [ 117.366669, 115.681638, 114.428858, 114.464108 ] }, { "date": "2025-09-26", "close": 113.620003, "volume": 7792324, "typical_volume": 9718259.85, "trend": 114.035001, "fair_value": 68.583526, "relative_strength": -2.606363, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.28861, "energy": 23.874509, "activity_lines": [ 116.499336, 115.516184, 114.39762, 114.469399 ] }, { "date": "2025-10-03", "close": 115.970001, "volume": 10135086, "typical_volume": 9593913.7, "trend": 114.399001, "fair_value": 69.14359, "relative_strength": -1.071351, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.231128, "energy": 28.127547, "activity_lines": [ 116.773336, 115.815638, 114.550334, 114.594238 ] }, { "date": "2025-10-10", "close": 112.190002, "volume": 6196612, "typical_volume": 9503204.7, "trend": 114.796001, "fair_value": 69.692244, "relative_strength": -5.411404, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.42304, "energy": 6.728011, "activity_lines": [ 115.401335, 115.364002, 114.398192, 114.451722 ] }, { "date": "2025-10-17", "close": 112.019997, "volume": 5366713, "typical_volume": 9439025.45, "trend": 114.801334, "fair_value": 70.248782, "relative_strength": -6.710065, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.519924, "energy": 17.544053, "activity_lines": [ 113.887334, 114.752001, 114.260906, 114.272624 ] }, { "date": "2025-10-24", "close": 124.43, "volume": 10316532, "typical_volume": 9651771.35, "trend": 115.138001, "fair_value": 70.884872, "relative_strength": 3.251814, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 29.312393, "energy": 14.272528, "activity_lines": [ 116.824, 116.436546, 115.317191, 114.893829 ] }, { "date": "2025-10-31", "close": 117.239998, "volume": 5526626, "typical_volume": 9489725.05, "trend": 115.285001, "fair_value": 71.47968, "relative_strength": -2.332248, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.964007, "energy": 9.884218, "activity_lines": [ 117.355332, 116.674, 115.619667, 115.029441 ] }, { "date": "2025-11-07", "close": 119.059998, "volume": 12062531, "typical_volume": 9691110.55, "trend": 115.361667, "fair_value": 72.090321, "relative_strength": 0.026756, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": 18.252319, "energy": 24.37243, "activity_lines": [ 118.251999, 117.274182, 116.046762, 115.27299 ] }, { "date": "2025-11-14", "close": 120.410004, "volume": 6521453, "typical_volume": 9031148.95, "trend": 114.904334, "fair_value": 72.709615, "relative_strength": -0.58495, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 49.970587, "energy": 43.331267, "activity_lines": [ 119.392667, 117.958364, 116.528953, 115.598689 ] }, { "date": "2025-11-21", "close": 126.629997, "volume": 38021948, "typical_volume": 10059939.6, "trend": 115.051, "fair_value": 73.371987, "relative_strength": 3.624293, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 62.00725, "energy": 49.509373, "activity_lines": [ 122.058666, 119.600727, 117.576238, 116.355183 ] }, { "date": "2025-11-28", "close": 119.389999, "volume": 10847722, "typical_volume": 10221738.9, "trend": 115.330667, "fair_value": 73.987308, "relative_strength": -2.72409, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.357568, "energy": 40.353056, "activity_lines": [ 121.337333, 119.746727, 117.896, 116.635119 ] }, { "date": "2025-12-05", "close": 109.589996, "volume": 7463984, "typical_volume": 10060011.1, "trend": 115.475334, "fair_value": 74.543333, "relative_strength": -10.443075, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 18.047402, "energy": 9.917891, "activity_lines": [ 117.685332, 118.200181, 117.255714, 116.264753 ] }, { "date": "2025-12-12", "close": 115.089996, "volume": 20641756, "typical_volume": 10827786.9, "trend": 115.06, "fair_value": 75.123718, "relative_strength": -5.390062, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.581072, "energy": 11.641863, "activity_lines": [ 116.376664, 117.726907, 117.168285, 116.239892 ] }, { "date": "2025-12-19", "close": 114.910004, "volume": 8166816, "typical_volume": 10882832.65, "trend": 114.933334, "fair_value": 75.727628, "relative_strength": -5.292823, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.32763, "energy": 16.587731, "activity_lines": [ 115.272666, 117.236908, 117.05119, 116.230215 ] }, { "date": "2025-12-26", "close": 110.889999, "volume": 7884614, "typical_volume": 10941886.95, "trend": 114.814, "fair_value": 76.290705, "relative_strength": -8.742449, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.848766, "energy": 20.986361, "activity_lines": [ 113.195333, 115.966545, 116.504381, 115.969355 ] }, { "date": "2026-01-02", "close": 110.230003, "volume": 4787852, "typical_volume": 10905087.75, "trend": 114.824, "fair_value": 76.857244, "relative_strength": -9.818363, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.86676, "energy": 30.875597, "activity_lines": [ 111.947334, 114.596727, 115.910619, 115.673613 ] }, { "date": "2026-01-09", "close": 101.309998, "volume": 5848337, "typical_volume": 10848551.25, "trend": 114.634, "fair_value": 77.368526, "relative_strength": -14.682081, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.052669, "energy": 53.340529, "activity_lines": [ 108.336667, 111.863272, 114.498333, 114.801742 ] }, { "date": "2026-01-16", "close": 106.879997, "volume": 12400855, "typical_volume": 11242818.65, "trend": 114.742333, "fair_value": 77.920962, "relative_strength": -9.663847, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.655739, "energy": 57.417366, "activity_lines": [ 107.134666, 110.432181, 113.700714, 114.301484 ] }, { "date": "2026-01-23", "close": 101.589996, "volume": 5878585, "typical_volume": 11361580.65, "trend": 114.306, "fair_value": 78.449103, "relative_strength": -11.595199, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.214408, "energy": 64.556821, "activity_lines": [ 104.716664, 108.260726, 112.414999, 113.452946 ] }, { "date": "2026-01-30", "close": 100.669998, "volume": 8359255, "typical_volume": 11457157.4, "trend": 113.706666, "fair_value": 78.97391, "relative_strength": -13.134021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.532047, "energy": 67.167064, "activity_lines": [ 102.879998, 106.26418, 111.086046, 112.573204 ] }, { "date": "2026-02-06", "close": 109.580002, "volume": 7533978, "typical_volume": 10087678.95, "trend": 113.566667, "fair_value": 79.555192, "relative_strength": -6.616095, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.837093, "energy": 43.939235, "activity_lines": [ 104.694665, 106.359635, 110.682142, 112.306967 ] }, { "date": "2026-02-13", "close": 102.410004, "volume": 4405369, "typical_volume": 9918331.2, "trend": 113.124, "fair_value": 80.081859, "relative_strength": -11.789831, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.876363, "energy": 42.292955, "activity_lines": [ 104.162667, 105.329818, 109.665476, 111.587183 ] }, { "date": "2026-02-20", "close": 115.080002, "volume": 9913674, "typical_volume": 9907260.6, "trend": 113.211333, "fair_value": 80.697756, "relative_strength": -1.140776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.930969, "energy": 17.375474, "activity_lines": [ 107.780668, 106.734182, 109.908857, 111.713376 ] }, { "date": "2026-02-27", "close": 120.279999, "volume": 11034798, "typical_volume": 10149169.9, "trend": 113.718333, "fair_value": 81.350192, "relative_strength": 4.797702, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.752265, "energy": 14.985752, "activity_lines": [ 112.585334, 109.084182, 110.651714, 112.169419 ] }, { "date": "2026-03-06", "close": 107.309998, "volume": 6895273, "typical_volume": 10225597.9, "trend": 113.487667, "fair_value": 81.921731, "relative_strength": -3.608766, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.376175, "energy": 20.035432, "activity_lines": [ 111.820667, 108.978363, 110.120809, 111.755978 ] }, { "date": "2026-03-13", "close": 102.839996, "volume": 6838547, "typical_volume": 10051698.65, "trend": 113.024333, "fair_value": 82.468782, "relative_strength": -2.424848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.746577, "energy": 22.992656, "activity_lines": [ 109.123332, 108.124908, 109.186618, 111.069032 ] }, { "date": "2026-03-20", "close": 104.519997, "volume": 7029057, "typical_volume": 10126820.2, "trend": 112.542, "fair_value": 83.032692, "relative_strength": -0.560978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.902687, "energy": 22.463778, "activity_lines": [ 107.435331, 107.711272, 108.515237, 110.520365 ] }, { "date": "2026-03-27", "close": 97.0, "volume": 6462501, "typical_volume": 9846818.7, "trend": 112.102666, "fair_value": 83.552244, "relative_strength": -6.280891, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.997429, "energy": 55.60931, "activity_lines": [ 103.099998, 105.871999, 107.188237, 109.517655 ] }, { "date": "2026-04-03", "close": 98.800003, "volume": 6853914, "typical_volume": 9863441.75, "trend": 111.699, "fair_value": 84.076282, "relative_strength": -3.859294, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.020456, "energy": 60.333614, "activity_lines": [ 100.57, 104.539636, 106.137714, 108.659419 ] }, { "date": "2026-04-10", "close": 104.889999, "volume": 5430726, "typical_volume": 8233880.65, "trend": 111.304333, "fair_value": 84.643846, "relative_strength": -3.299681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.622897, "energy": 51.411456, "activity_lines": [ 101.502, 104.365272, 105.770095, 108.220128 ] }, { "date": "2026-04-17", "close": 109.980003, "volume": 6035627, "typical_volume": 7993275.9, "trend": 110.827, "fair_value": 85.236346, "relative_strength": 0.606721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.689013, "energy": 29.750265, "activity_lines": [ 104.292001, 105.039636, 105.990762, 108.134688 ] }, { "date": "2026-04-24", "close": 106.0, "volume": 7367674, "typical_volume": 7988460.4, "trend": 110.573, "fair_value": 85.79468, "relative_strength": -0.909936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.602276, "energy": 15.829598, "activity_lines": [ 105.279334, 104.983091, 105.87719, 107.823268 ] }, { "date": "2026-05-01", "close": 106.550003, "volume": 9037528, "typical_volume": 7408249.0, "trend": 110.259, "fair_value": 86.355256, "relative_strength": -0.758412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.483942, "energy": 16.279156, "activity_lines": [ 106.351335, 104.961273, 105.833095, 107.56372 ] }, { "date": "2026-05-08", "close": 108.290001, "volume": 6879259, "typical_volume": 7343871.15, "trend": 110.129, "fair_value": 86.929231, "relative_strength": 0.07615, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.527259, "energy": 14.74217, "activity_lines": [ 107.366668, 105.41091, 105.995381, 107.436688 ] }, { "date": "2026-05-15", "close": 113.900002, "volume": 18186685, "typical_volume": 7858974.7, "trend": 110.191666, "fair_value": 87.545256, "relative_strength": 7.761891, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.513694, "energy": 9.20124, "activity_lines": [ 109.619335, 107.098547, 106.723477, 107.679979 ] }, { "date": "2026-05-22", "close": 108.160004, "volume": 12890227, "typical_volume": 8264093.45, "trend": 109.649333, "fair_value": 88.128013, "relative_strength": 2.09927, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.598934, "energy": 11.453117, "activity_lines": [ 109.358002, 107.622729, 106.890572, 107.548904 ] }, { "date": "2026-05-29", "close": 109.519997, "volume": 10897487, "typical_volume": 8516550.95, "trend": 109.392, "fair_value": 88.72141, "relative_strength": 4.124543, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.99578, "energy": 12.119309, "activity_lines": [ 109.671334, 108.297456, 107.197048, 107.540559 ] }, { "date": "2026-06-05", "close": 108.309998, "volume": 2665461, "typical_volume": 8029781.25, "trend": 109.033666, "fair_value": 89.301923, "relative_strength": 3.665548, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.987579, "energy": 12.135123, "activity_lines": [ 109.346666, 108.661273, 107.349191, 107.470753 ] }, { "date": "2026-06-12", "close": 105.57, "volume": 1283499, "typical_volume": 7800026.95, "trend": 108.539, "fair_value": 89.858782, "relative_strength": -0.11289, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.718063, "energy": 11.54311, "activity_lines": [ 107.991333, 108.321273, 107.233572, 107.24729 ] }, { "date": "2026-06-19", "close": 100.510002, "volume": 1954972, "typical_volume": 7479812.8, "trend": 107.668333, "fair_value": 90.391218, "relative_strength": -6.469532, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.406869, "energy": 23.418482, "activity_lines": [ 105.130667, 106.938182, 106.617096, 106.729291 ] }, { "date": "2026-06-26", "close": 99.599998, "volume": 0, "typical_volume": 7103113.9, "trend": 107.008666, "fair_value": 90.916218, "relative_strength": -7.349153, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.110986, "energy": 43.653936, "activity_lines": [ 102.859333, 105.469273, 105.914715, 106.208753 ] }, { "date": "2026-07-03", "close": 99.949997, "volume": 645889, "typical_volume": 6915139.9, "trend": 106.687333, "fair_value": 91.433526, "relative_strength": -7.631188, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.2251, "energy": 56.709883, "activity_lines": [ 101.275332, 104.252727, 105.29319, 105.753355 ] }, { "date": "2026-07-10", "close": 98.730003, "volume": 4536939, "typical_volume": 6646303.15, "trend": 106.142, "fair_value": 91.926987, "relative_strength": -8.341475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.070703, "energy": 65.376847, "activity_lines": [ 99.922667, 102.924364, 104.567191, 105.239979 ] }, { "date": "2026-07-17", "close": 97.209999, "volume": 3712391, "typical_volume": 6280182.8, "trend": 105.552, "fair_value": 92.423846, "relative_strength": -9.976607, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.610104, "energy": 69.233834, "activity_lines": [ 98.702, 101.461818, 103.774286, 104.663721 ] }, { "date": "2026-07-24", "close": 97.589996, "volume": 4460536, "typical_volume": 6158445.95, "trend": 105.108666, "fair_value": 92.917051, "relative_strength": -7.299773, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.362375, "energy": 63.897326, "activity_lines": [ 98.165332, 100.269817, 103.127428, 104.150043 ] }, { "date": "2026-07-31", "close": 99.160004, "volume": 2180567, "typical_volume": 5925546.95, "trend": 104.739667, "fair_value": 93.424808, "relative_strength": -8.104579, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.699746, "energy": 53.816383, "activity_lines": [ 98.346667, 99.659818, 102.676381, 103.766258 ] }, { "date": "2026-08-07", "close": 97.489998, "volume": 3925653, "typical_volume": 5770376.75, "trend": 104.612333, "fair_value": 93.921218, "relative_strength": -10.058283, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.312447, "energy": 46.35679, "activity_lines": [ 98.000666, 98.909818, 102.083809, 103.298538 ] } ], "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." } } }