{ "ticker": { "uuid": "8163eaf2-12e5-43ad-a703-40f19fb00758", "symbol": "SWELECTES", "name": "Swelect Energy Systems 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": "1a", "phase_label": "Stage 1A \u00b7 Bottoming", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 49.384, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 47.409, "architecture_energy": 19.691, "architecture_maturity": 23.206, "architecture_confidence": 81.587, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 41.94, "rotation_up": 36.73, "upward_expansion": 57.63, "deceleration": 79.69, "rotation_down": 25.63, "downward_expansion": 18.96 }, "activity_lines": [ 629.333586, 629.281278, 632.752336, 617.39497 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 670.599976, "trend_reference": 594.683402, "distance_from_trend": 0.127659, "trend_direction": "Weakening", "fair_value": 791.256918, "distance_from_fair_value": -0.152488, "fair_value_direction": "Weakening", "relative_strength": 1.735194, "relative_strength_direction": "Weakening", "price_momentum": 0.234195, "excess_performance": 0.277904, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.127659, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.022315, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.152488, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.036275, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.017352, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.057762, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.234195, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.868303, "read": "Supply-led" } ], "volume": { "latest": 127983, "relative_activity": 1.114697, "balance": 0.868303, "dry_up": 0.726341, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.076676, "annualized_volatility": 0.401484, "from_high_reference": -0.313613, "from_low_reference": 0.388118 }, "levels": { "trend_reference": 594.683402, "fair_value_reference": 791.256918, "structural_low": 483.100006, "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": 14, "median_return": 0.005763, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.022465, "regime_survival": 0.5, "best_return": 0.256445, "worst_return": -0.148359, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.067449, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": 0.068691, "regime_survival": 0.375, "best_return": 0.431549, "worst_return": -0.130374, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.014379, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.043454, "regime_survival": 0.2, "best_return": 0.842257, "worst_return": -0.529055, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.590768, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.564049, "regime_survival": 0.333333, "best_return": 0.796629, "worst_return": -0.261791, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-07", "end": "2024-08-16", "tenure": "Developing", "return": -0.134058, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-23", "end": "2024-09-13", "tenure": "New", "return": 0.313901, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-20", "end": "2024-11-22", "tenure": "Developing", "return": -0.180875, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-07-11", "tenure": "Extended", "return": -0.425926, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-08-01", "tenure": "New", "return": 0.139879, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-08", "end": "2025-08-22", "tenure": "New", "return": 0.210069, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-10-31", "tenure": "Developing", "return": 0.135517, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2025-12-05", "tenure": "Developing", "return": -0.143706, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-12", "end": "2026-01-16", "tenure": "Developing", "return": -0.095565, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-23", "end": "2026-04-17", "tenure": "Established", "return": 0.253919, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-01", "tenure": "New", "return": -0.003325, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-06-12", "tenure": "Developing", "return": -0.071209, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-07-17", "tenure": "Developing", "return": -0.033628, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.093429, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 562.471558, "volume": 507014, "typical_volume": 267087.65, "trend": 360.237583, "fair_value": 274.229364, "relative_strength": 53.210581, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.25301, "energy": 85.692061, "activity_lines": [ 542.440174, 494.993148, 431.231397, 397.446426 ] }, { "date": "2023-08-25", "close": 542.790466, "volume": 251524, "typical_volume": 277192.55, "trend": 367.790442, "fair_value": 276.825632, "relative_strength": 46.576387, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.17312, "energy": 66.360785, "activity_lines": [ 548.382485, 512.220275, 445.540382, 409.224032 ] }, { "date": "2023-09-01", "close": 528.265198, "volume": 215131, "typical_volume": 284458.55, "trend": 374.639917, "fair_value": 279.420424, "relative_strength": 40.052311, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.272621, "energy": 61.162142, "activity_lines": [ 542.750834, 522.831444, 457.388205, 419.577242 ] }, { "date": "2023-09-08", "close": 605.502136, "volume": 806753, "typical_volume": 321371.65, "trend": 383.383254, "fair_value": 282.517154, "relative_strength": 55.617061, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.568957, "energy": 65.218174, "activity_lines": [ 561.149552, 543.667806, 475.641921, 434.471578 ] }, { "date": "2023-09-15", "close": 575.360901, "volume": 335938, "typical_volume": 330964.1, "trend": 392.7437, "fair_value": 285.361073, "relative_strength": 43.749635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.064718, "energy": 56.052037, "activity_lines": [ 568.777409, 553.772979, 489.735261, 446.857233 ] }, { "date": "2023-09-22", "close": 609.716003, "volume": 1462096, "typical_volume": 401932.55, "trend": 403.674548, "fair_value": 288.545032, "relative_strength": 54.642243, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.688912, "energy": 56.736693, "activity_lines": [ 584.390059, 567.465946, 506.067518, 460.855446 ] }, { "date": "2023-09-29", "close": 616.705994, "volume": 267575, "typical_volume": 413556.85, "trend": 414.755987, "fair_value": 291.740586, "relative_strength": 54.791749, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.516938, "energy": 56.856807, "activity_lines": [ 599.183077, 579.840629, 521.843229, 474.59941 ] }, { "date": "2023-10-06", "close": 596.281311, "volume": 133231, "typical_volume": 418149.1, "trend": 425.141768, "fair_value": 294.836252, "relative_strength": 48.042556, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.404012, "energy": 53.801311, "activity_lines": [ 602.240165, 585.321758, 534.393465, 486.310722 ] }, { "date": "2023-10-13", "close": 609.021973, "volume": 323953, "typical_volume": 432546.35, "trend": 436.351101, "fair_value": 298.026316, "relative_strength": 48.737765, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.405763, "energy": 52.599061, "activity_lines": [ 605.009733, 591.414913, 546.962554, 498.173961 ] }, { "date": "2023-10-20", "close": 616.160706, "volume": 233665, "typical_volume": 436424.55, "trend": 447.760482, "fair_value": 301.247863, "relative_strength": 50.116028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.084793, "energy": 50.098145, "activity_lines": [ 609.924223, 598.544626, 558.965727, 509.77458 ] }, { "date": "2023-10-27", "close": 604.510681, "volume": 373534, "typical_volume": 451148.7, "trend": 458.507931, "fair_value": 304.390695, "relative_strength": 49.15508, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.503747, "energy": 43.772408, "activity_lines": [ 608.235384, 601.868818, 568.431247, 519.887496 ] }, { "date": "2023-11-03", "close": 651.95343, "volume": 325439, "typical_volume": 463761.6, "trend": 469.691314, "fair_value": 307.81716, "relative_strength": 56.945739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.002428, "energy": 50.652552, "activity_lines": [ 622.707817, 613.054617, 581.070964, 532.367851 ] }, { "date": "2023-11-10", "close": 564.256226, "volume": 569857, "typical_volume": 489291.15, "trend": 477.541058, "fair_value": 310.635835, "relative_strength": 33.090373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.023798, "energy": 33.728634, "activity_lines": [ 605.598019, 606.310688, 583.797671, 538.468813 ] }, { "date": "2023-11-17", "close": 582.400452, "volume": 205019, "typical_volume": 497180.35, "trend": 485.799476, "fair_value": 313.568025, "relative_strength": 33.921451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.733436, "energy": 27.98465, "activity_lines": [ 596.671301, 602.211327, 587.081091, 545.233935 ] }, { "date": "2023-11-24", "close": 533.222595, "volume": 144228, "typical_volume": 435996.25, "trend": 491.625853, "fair_value": 316.056467, "relative_strength": 21.412409, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.760797, "energy": 15.003519, "activity_lines": [ 573.126733, 589.590569, 584.415661, 548.293491 ] }, { "date": "2023-12-01", "close": 502.635223, "volume": 125593, "typical_volume": 405244.6, "trend": 496.612303, "fair_value": 318.255094, "relative_strength": 11.137802, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.644346, "energy": 16.346036, "activity_lines": [ 544.915582, 572.17462, 578.34151, 549.003773 ] }, { "date": "2023-12-08", "close": 520.432434, "volume": 173977, "typical_volume": 402864.4, "trend": 502.365053, "fair_value": 320.614366, "relative_strength": 10.59145, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.241591, "energy": 19.127884, "activity_lines": [ 529.428532, 559.941452, 573.794118, 550.540556 ] }, { "date": "2023-12-15", "close": 520.18457, "volume": 124421, "typical_volume": 386713.25, "trend": 508.190304, "fair_value": 322.917109, "relative_strength": 7.497206, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.931561, "energy": 22.044394, "activity_lines": [ 522.626926, 549.413646, 568.848715, 551.690202 ] }, { "date": "2023-12-22", "close": 528.116455, "volume": 155314, "typical_volume": 347781.05, "trend": 514.214022, "fair_value": 325.25021, "relative_strength": 8.972343, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.254865, "energy": 25.930487, "activity_lines": [ 521.407393, 541.711578, 564.574689, 552.975761 ] }, { "date": "2023-12-29", "close": 524.497498, "volume": 169678, "typical_volume": 345197.0, "trend": 521.155467, "fair_value": 327.270508, "relative_strength": 5.804575, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.627809, "energy": 21.270473, "activity_lines": [ 522.600474, 534.822528, 560.272805, 553.639211 ] }, { "date": "2024-01-05", "close": 621.613892, "volume": 1435369, "typical_volume": 391614.75, "trend": 531.134693, "fair_value": 329.950286, "relative_strength": 24.514815, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.23837, "energy": 18.265602, "activity_lines": [ 556.747359, 547.257607, 565.214672, 560.120399 ] }, { "date": "2024-01-12", "close": 611.748535, "volume": 186851, "typical_volume": 388381.1, "trend": 540.720797, "fair_value": 332.66491, "relative_strength": 20.615081, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.341098, "energy": 27.221814, "activity_lines": [ 579.673881, 557.588017, 568.935351, 565.321292 ] }, { "date": "2024-01-19", "close": 595.091553, "volume": 159418, "typical_volume": 385595.45, "trend": 549.947802, "fair_value": 335.245754, "relative_strength": 17.939939, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 39.495218, "energy": 29.619128, "activity_lines": [ 590.960335, 565.620884, 570.741279, 568.829083 ] }, { "date": "2024-01-26", "close": 763.198425, "volume": 2701190, "typical_volume": 480317.3, "trend": 564.831111, "fair_value": 338.831262, "relative_strength": 50.955906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.505723, "energy": 69.089889, "activity_lines": [ 653.288615, 603.657993, 588.239164, 582.587188 ] }, { "date": "2024-02-02", "close": 739.700134, "volume": 421886, "typical_volume": 484614.7, "trend": 575.183165, "fair_value": 342.362675, "relative_strength": 41.144929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.180684, "energy": 79.307175, "activity_lines": [ 692.111999, 634.135451, 602.748182, 593.86906 ] }, { "date": "2024-02-09", "close": 938.741455, "volume": 2203700, "typical_volume": 521694.9, "trend": 590.89753, "fair_value": 347.160992, "relative_strength": 76.334819, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.648522, "energy": 94.355749, "activity_lines": [ 782.935648, 697.048102, 635.430949, 617.324434 ] }, { "date": "2024-02-16", "close": 1070.758179, "volume": 1525905, "typical_volume": 584611.4, "trend": 611.862557, "fair_value": 352.850889, "relative_strength": 93.869952, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.779557, "energy": 97.781279, "activity_lines": [ 896.623035, 776.03459, 679.119949, 648.283185 ] }, { "date": "2024-02-23", "close": 1053.01062, "volume": 750420, "typical_volume": 615470.85, "trend": 630.21171, "fair_value": 358.465198, "relative_strength": 84.746528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.425816, "energy": 94.263094, "activity_lines": [ 973.793925, 841.788327, 718.956552, 676.744351 ] }, { "date": "2024-03-01", "close": 1181.160522, "volume": 1016693, "typical_volume": 650107.85, "trend": 649.762214, "fair_value": 364.740504, "relative_strength": 100.541952, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.461721, "energy": 95.840859, "activity_lines": [ 1063.153511, 921.154299, 768.823007, 712.289435 ] }, { "date": "2024-03-08", "close": 1101.24646, "volume": 427638, "typical_volume": 659806.5, "trend": 669.025186, "fair_value": 370.518129, "relative_strength": 81.373395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.981, "energy": 86.46156, "activity_lines": [ 1098.010937, 974.116913, 808.354129, 741.417451 ] }, { "date": "2024-03-15", "close": 890.406433, "volume": 625292, "typical_volume": 672394.4, "trend": 679.956349, "fair_value": 375.030817, "relative_strength": 47.211905, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.919988, "energy": 60.072009, "activity_lines": [ 1038.485266, 978.258632, 825.495316, 755.700112 ] }, { "date": "2024-03-22", "close": 923.224731, "volume": 320049, "typical_volume": 672124.9, "trend": 692.637491, "fair_value": 379.694593, "relative_strength": 49.449871, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.462301, "energy": 49.561909, "activity_lines": [ 993.121362, 983.480178, 844.400647, 771.394847 ] }, { "date": "2024-03-29", "close": 946.227234, "volume": 168394, "typical_volume": 652051.75, "trend": 706.569559, "fair_value": 384.4903, "relative_strength": 48.917721, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.702932, "energy": 33.172848, "activity_lines": [ 965.260522, 987.220793, 864.204924, 787.755475 ] }, { "date": "2024-04-05", "close": 1048.350586, "volume": 309937, "typical_volume": 657297.65, "trend": 721.331174, "fair_value": 389.886324, "relative_strength": 60.520529, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.910522, "energy": 30.446384, "activity_lines": [ 978.559692, 1003.145005, 891.916326, 809.805864 ] }, { "date": "2024-04-12", "close": 1109.97168, "volume": 232087, "typical_volume": 661690.6, "trend": 739.151533, "fair_value": 395.777304, "relative_strength": 66.507585, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.695513, "energy": 38.679375, "activity_lines": [ 1021.253223, 1025.088468, 923.277593, 834.879445 ] }, { "date": "2024-04-19", "close": 1257.653809, "volume": 434246, "typical_volume": 677123.25, "trend": 760.74946, "fair_value": 402.641038, "relative_strength": 87.236118, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.002368, "energy": 53.495424, "activity_lines": [ 1112.592448, 1067.151017, 965.9574, 868.331205 ] }, { "date": "2024-04-26", "close": 1449.308594, "volume": 496267, "typical_volume": 693237.75, "trend": 788.50288, "fair_value": 410.661005, "relative_strength": 107.254597, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.719615, "energy": 83.510661, "activity_lines": [ 1243.333443, 1138.261484, 1023.294718, 912.754375 ] }, { "date": "2024-05-03", "close": 1358.587402, "volume": 384415, "typical_volume": 706237.45, "trend": 813.913083, "fair_value": 417.93957, "relative_strength": 89.030287, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.022248, "energy": 81.154843, "activity_lines": [ 1308.761784, 1185.994454, 1067.568702, 949.534021 ] }, { "date": "2024-05-10", "close": 1262.611206, "volume": 553356, "typical_volume": 726139.55, "trend": 835.699391, "fair_value": 424.705645, "relative_strength": 75.00092, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.510819, "energy": 76.970267, "activity_lines": [ 1314.707381, 1210.721265, 1098.709702, 978.482287 ] }, { "date": "2024-05-17", "close": 1287.249756, "volume": 372070, "typical_volume": 736259.15, "trend": 858.069026, "fair_value": 431.608862, "relative_strength": 71.293804, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.576866, "energy": 69.386453, "activity_lines": [ 1314.581787, 1238.446891, 1128.699636, 1007.614569 ] }, { "date": "2024-05-24", "close": 1215.614868, "volume": 206495, "typical_volume": 674815.45, "trend": 878.439165, "fair_value": 437.9818, "relative_strength": 55.251578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.668496, "energy": 46.763997, "activity_lines": [ 1278.759359, 1249.766113, 1148.235046, 1030.682043 ] }, { "date": "2024-05-31", "close": 1216.903687, "volume": 536177, "typical_volume": 692281.75, "trend": 897.27084, "fair_value": 444.414216, "relative_strength": 55.125834, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.630527, "energy": 34.243624, "activity_lines": [ 1246.169133, 1255.406786, 1165.064625, 1052.518463 ] }, { "date": "2024-06-07", "close": 1174.368652, "volume": 517042, "typical_volume": 710162.95, "trend": 917.607921, "fair_value": 450.462847, "relative_strength": 42.224672, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.755333, "energy": 27.266401, "activity_lines": [ 1214.894222, 1247.974199, 1174.961557, 1070.395742 ] }, { "date": "2024-06-14", "close": 1213.28479, "volume": 500835, "typical_volume": 600145.2, "trend": 938.637399, "fair_value": 456.89224, "relative_strength": 43.161104, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.219884, "energy": 22.620222, "activity_lines": [ 1208.872607, 1243.469247, 1185.806325, 1089.471669 ] }, { "date": "2024-06-21", "close": 1292.950928, "volume": 702823, "typical_volume": 614192.05, "trend": 963.961677, "fair_value": 463.782961, "relative_strength": 49.312493, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.846346, "energy": 26.249407, "activity_lines": [ 1232.6948, 1250.450244, 1202.095077, 1112.330606 ] }, { "date": "2024-06-28", "close": 1245.309814, "volume": 394526, "typical_volume": 523733.35, "trend": 988.717497, "fair_value": 470.380395, "relative_strength": 38.208487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.500619, "energy": 23.716036, "activity_lines": [ 1240.256543, 1245.442325, 1211.212051, 1130.482099 ] }, { "date": "2024-07-05", "close": 1245.161011, "volume": 505484, "typical_volume": 472712.3, "trend": 1012.875116, "fair_value": 476.91107, "relative_strength": 34.415242, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.384731, "energy": 27.684139, "activity_lines": [ 1245.789022, 1240.631787, 1218.855005, 1147.026842 ] }, { "date": "2024-07-12", "close": 1184.729858, "volume": 403766, "typical_volume": 455379.6, "trend": 1035.026626, "fair_value": 482.841952, "relative_strength": 25.411643, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.721529, "energy": 23.728132, "activity_lines": [ 1229.293961, 1228.545541, 1219.912121, 1158.114244 ] }, { "date": "2024-07-19", "close": 1157.364868, "volume": 289209, "typical_volume": 419005.4, "trend": 1056.001573, "fair_value": 488.65267, "relative_strength": 20.875795, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.671653, "energy": 9.51376, "activity_lines": [ 1202.986491, 1214.644888, 1217.735813, 1166.007034 ] }, { "date": "2024-07-26", "close": 1237.404297, "volume": 422223, "typical_volume": 418734.65, "trend": 1079.765133, "fair_value": 495.009111, "relative_strength": 26.146545, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.814006, "energy": 10.657507, "activity_lines": [ 1207.086824, 1217.210429, 1223.295621, 1177.710436 ] }, { "date": "2024-08-02", "close": 1161.294678, "volume": 165488, "typical_volume": 395744.45, "trend": 1097.754492, "fair_value": 500.910947, "relative_strength": 17.999919, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.349787, "energy": 8.931744, "activity_lines": [ 1189.520394, 1206.844138, 1220.958522, 1182.970406 ] }, { "date": "2024-08-09", "close": 1180.744995, "volume": 276060, "typical_volume": 393545.0, "trend": 1116.721041, "fair_value": 506.889746, "relative_strength": 20.448697, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.228427, "energy": 8.780071, "activity_lines": [ 1184.038411, 1201.001909, 1219.183891, 1188.324632 ] }, { "date": "2024-08-16", "close": 1016.934998, "volume": 575559, "typical_volume": 413903.25, "trend": 1130.782489, "fair_value": 512.032271, "relative_strength": 2.401704, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.221035, "energy": 27.207906, "activity_lines": [ 1128.247498, 1166.033474, 1200.582021, 1181.886823 ] }, { "date": "2024-08-23", "close": 971.915833, "volume": 250850, "typical_volume": 410948.9, "trend": 1137.739736, "fair_value": 516.900024, "relative_strength": -3.745637, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.658584, "energy": 46.885113, "activity_lines": [ 1068.63652, 1125.742167, 1177.355907, 1171.637361 ] }, { "date": "2024-08-30", "close": 1008.826538, "volume": 322051, "typical_volume": 415447.1, "trend": 1146.710616, "fair_value": 521.980211, "relative_strength": -2.315156, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.853107, "energy": 53.964342, "activity_lines": [ 1033.692379, 1096.550423, 1158.009074, 1163.320381 ] }, { "date": "2024-09-06", "close": 1224.96814, "volume": 2698056, "typical_volume": 528637.6, "trend": 1156.251506, "fair_value": 528.47449, "relative_strength": 19.393996, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.427323, "energy": 34.213763, "activity_lines": [ 1086.033956, 1111.82305, 1159.728799, 1168.369253 ] }, { "date": "2024-09-13", "close": 1277.001343, "volume": 987394, "typical_volume": 553193.95, "trend": 1163.126278, "fair_value": 535.231679, "relative_strength": 20.759736, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 7.439492, "energy": 6.965508, "activity_lines": [ 1151.475037, 1136.926109, 1166.559713, 1176.159566 ] }, { "date": "2024-09-20", "close": 1231.832886, "volume": 635441, "typical_volume": 565745.25, "trend": 1169.08702, "fair_value": 541.755522, "relative_strength": 13.647203, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.205852, "energy": 13.162485, "activity_lines": [ 1195.442875, 1153.237805, 1169.90938, 1180.59225 ] }, { "date": "2024-09-27", "close": 1246.607178, "volume": 360206, "typical_volume": 556087.75, "trend": 1171.268575, "fair_value": 548.372187, "relative_strength": 12.471155, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 32.163205, "energy": 28.226651, "activity_lines": [ 1230.008952, 1171.379318, 1175.269715, 1185.59355 ] }, { "date": "2024-10-04", "close": 1169.203979, "volume": 229778, "typical_volume": 548973.15, "trend": 1173.533826, "fair_value": 554.43931, "relative_strength": 9.581471, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.171155, "energy": 19.647696, "activity_lines": [ 1220.461206, 1173.824935, 1173.334527, 1185.460351 ] }, { "date": "2024-10-11", "close": 1170.994873, "volume": 240500, "typical_volume": 550673.4, "trend": 1182.886774, "fair_value": 560.1842, "relative_strength": 9.17954, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.150637, "energy": 11.988126, "activity_lines": [ 1200.818595, 1177.836174, 1172.132023, 1185.296547 ] }, { "date": "2024-10-18", "close": 1135.427246, "volume": 133898, "typical_volume": 530559.45, "trend": 1189.960191, "fair_value": 565.81097, "relative_strength": 5.663254, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.081291, "energy": 12.093632, "activity_lines": [ 1172.918327, 1175.204205, 1167.754602, 1182.234642 ] }, { "date": "2024-10-25", "close": 1049.567505, "volume": 102524, "typical_volume": 509833.55, "trend": 1193.404867, "fair_value": 571.016697, "relative_strength": -0.125749, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.005887, "energy": 26.253668, "activity_lines": [ 1125.836418, 1157.785333, 1155.588046, 1173.17705 ] }, { "date": "2024-11-01", "close": 1161.543335, "volume": 194422, "typical_volume": 494512.9, "trend": 1197.177958, "fair_value": 576.922011, "relative_strength": 9.295978, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.196299, "energy": 21.475645, "activity_lines": [ 1128.230811, 1160.132384, 1154.680145, 1171.121467 ] }, { "date": "2024-11-08", "close": 1154.280518, "volume": 287812, "typical_volume": 473762.35, "trend": 1198.65492, "fair_value": 582.741212, "relative_strength": 8.420736, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.881096, "energy": 22.266973, "activity_lines": [ 1133.875187, 1157.711151, 1153.326936, 1168.35389 ] }, { "date": "2024-11-15", "close": 1035.788208, "volume": 132279, "typical_volume": 460650.0, "trend": 1191.259399, "fair_value": 587.873365, "relative_strength": -0.791944, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.414697, "energy": 43.399247, "activity_lines": [ 1101.017025, 1131.101243, 1141.34908, 1157.84636 ] }, { "date": "2024-11-22", "close": 1009.025513, "volume": 86157, "typical_volume": 439683.65, "trend": 1176.583297, "fair_value": 592.884193, "relative_strength": -5.49484, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.428023, "energy": 42.675348, "activity_lines": [ 1068.251742, 1103.065026, 1127.820118, 1146.089335 ] }, { "date": "2024-11-29", "close": 1042.255127, "volume": 121586, "typical_volume": 425574.65, "trend": 1166.038888, "fair_value": 598.081346, "relative_strength": -4.048, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.938872, "energy": 45.657653, "activity_lines": [ 1054.989779, 1085.942845, 1118.580336, 1137.423002 ] }, { "date": "2024-12-06", "close": 1102.197632, "volume": 223721, "typical_volume": 422300.25, "trend": 1160.691768, "fair_value": 603.57924, "relative_strength": -1.611663, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.370155, "energy": 47.276692, "activity_lines": [ 1062.196143, 1083.166169, 1115.727815, 1133.304211 ] }, { "date": "2024-12-13", "close": 1079.464233, "volume": 204691, "typical_volume": 411423.65, "trend": 1153.765584, "fair_value": 608.975044, "relative_strength": -4.773209, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.801439, "energy": 36.8929, "activity_lines": [ 1065.781087, 1078.881776, 1110.972909, 1128.063725 ] }, { "date": "2024-12-20", "close": 1092.298462, "volume": 214875, "typical_volume": 413893.0, "trend": 1149.655037, "fair_value": 614.513707, "relative_strength": 0.273866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.234756, "energy": 20.415504, "activity_lines": [ 1078.63186, 1078.562511, 1108.192407, 1124.098104 ] }, { "date": "2024-12-27", "close": 1032.15686, "volume": 87358, "typical_volume": 404457.9, "trend": 1143.49681, "fair_value": 619.316183, "relative_strength": -6.890766, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.518069, "energy": 25.656817, "activity_lines": [ 1067.668083, 1068.739253, 1100.012686, 1116.517577 ] }, { "date": "2025-01-03", "close": 1010.318909, "volume": 132271, "typical_volume": 382293.5, "trend": 1138.028485, "fair_value": 623.831751, "relative_strength": -10.087069, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.02908, "energy": 31.270947, "activity_lines": [ 1047.882898, 1056.823102, 1090.460723, 1107.925454 ] }, { "date": "2025-01-10", "close": 908.938782, "volume": 110438, "typical_volume": 375272.9, "trend": 1127.883618, "fair_value": 627.83746, "relative_strength": -17.49814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.856465, "energy": 59.33019, "activity_lines": [ 996.433419, 1027.187812, 1071.285015, 1093.145473 ] }, { "date": "2025-01-17", "close": 944.506348, "volume": 239220, "typical_volume": 371131.35, "trend": 1116.268799, "fair_value": 632.113862, "relative_strength": -13.890576, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.055288, "energy": 65.702396, "activity_lines": [ 969.723718, 1008.612162, 1055.796585, 1081.314682 ] }, { "date": "2025-01-24", "close": 897.945129, "volume": 95645, "typical_volume": 241010.8, "trend": 1104.689976, "fair_value": 636.064483, "relative_strength": -17.847021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.062859, "energy": 72.587298, "activity_lines": [ 936.490804, 985.384911, 1036.18004, 1067.229284 ] }, { "date": "2025-01-31", "close": 859.741089, "volume": 199272, "typical_volume": 201604.7, "trend": 1091.842645, "fair_value": 639.783077, "relative_strength": -22.820309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.748585, "energy": 78.693454, "activity_lines": [ 903.480099, 957.717709, 1014.482267, 1051.42613 ] }, { "date": "2025-02-07", "close": 820.691345, "volume": 91985, "typical_volume": 174431.9, "trend": 1079.708028, "fair_value": 643.118558, "relative_strength": -26.239715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.851261, "energy": 81.176284, "activity_lines": [ 868.947196, 925.664816, 991.052425, 1033.932497 ] }, { "date": "2025-02-14", "close": 633.053589, "volume": 285084, "typical_volume": 170675.8, "trend": 1062.230986, "fair_value": 645.264417, "relative_strength": -41.035249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.512898, "energy": 94.464841, "activity_lines": [ 784.510213, 863.5244, 951.710137, 1005.116082 ] }, { "date": "2025-02-21", "close": 641.510193, "volume": 142049, "typical_volume": 166289.35, "trend": 1042.367849, "fair_value": 647.500903, "relative_strength": -39.418712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.021741, "energy": 93.64252, "activity_lines": [ 721.284444, 811.451439, 916.094923, 977.972805 ] }, { "date": "2025-02-28", "close": 509.686218, "volume": 815866, "typical_volume": 195057.65, "trend": 1020.647567, "fair_value": 648.919989, "relative_strength": -49.787103, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.379704, "energy": 96.086051, "activity_lines": [ 634.317094, 743.373284, 870.437873, 943.606248 ] }, { "date": "2025-03-07", "close": 515.008972, "volume": 204499, "typical_volume": 198587.7, "trend": 998.456366, "fair_value": 650.187346, "relative_strength": -49.674113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.627449, "energy": 93.414409, "activity_lines": [ 575.007922, 686.855853, 828.436841, 910.984403 ] }, { "date": "2025-03-14", "close": 542.716858, "volume": 82492, "typical_volume": 197586.1, "trend": 982.649095, "fair_value": 651.54316, "relative_strength": -46.229672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.821127, "energy": 88.644712, "activity_lines": [ 547.916854, 644.778907, 792.029027, 881.581854 ] }, { "date": "2025-03-21", "close": 580.125, "volume": 83069, "typical_volume": 192018.45, "trend": 969.5894, "fair_value": 653.189, "relative_strength": -44.468347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.010547, "energy": 81.410356, "activity_lines": [ 551.826798, 618.005298, 761.597469, 855.612558 ] }, { "date": "2025-03-28", "close": 539.433716, "volume": 25045, "typical_volume": 178880.1, "trend": 953.942973, "fair_value": 654.14736, "relative_strength": -48.302288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.014403, "energy": 66.91298, "activity_lines": [ 545.701554, 589.811705, 730.059208, 827.860578 ] }, { "date": "2025-04-04", "close": 557.142883, "volume": 8800, "typical_volume": 172706.15, "trend": 931.682131, "fair_value": 655.212021, "relative_strength": -44.637922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.04792, "energy": 63.355509, "activity_lines": [ 552.284464, 572.202919, 703.135377, 802.260572 ] }, { "date": "2025-04-11", "close": 527.644104, "volume": 6884, "typical_volume": 168742.5, "trend": 906.703556, "fair_value": 656.19872, "relative_strength": -46.785154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.454975, "energy": 63.929441, "activity_lines": [ 545.870671, 555.427122, 675.681402, 776.193603 ] }, { "date": "2025-04-18", "close": 538.488525, "volume": 10369, "typical_volume": 163181.65, "trend": 883.592078, "fair_value": 656.966428, "relative_strength": -47.221557, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.782047, "energy": 62.899941, "activity_lines": [ 542.229341, 546.661165, 651.552522, 752.437795 ] }, { "date": "2025-04-25", "close": 594.401794, "volume": 18886, "typical_volume": 152939.9, "trend": 861.851898, "fair_value": 658.224407, "relative_strength": -41.139978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.719811, "energy": 55.364155, "activity_lines": [ 557.507658, 553.192217, 635.147603, 733.780357 ] }, { "date": "2025-05-02", "close": 572.066345, "volume": 27846, "typical_volume": 144097.65, "trend": 841.94731, "fair_value": 659.3232, "relative_strength": -43.104453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.343064, "energy": 50.830625, "activity_lines": [ 564.389038, 556.365039, 619.033574, 715.084515 ] }, { "date": "2025-05-09", "close": 530.03186, "volume": 25392, "typical_volume": 134623.5, "trend": 820.581877, "fair_value": 660.603978, "relative_strength": -45.651258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.34579, "energy": 49.517017, "activity_lines": [ 555.083414, 553.157842, 601.332441, 694.960937 ] }, { "date": "2025-05-16", "close": 608.778076, "volume": 21597, "typical_volume": 131335.45, "trend": 803.026904, "fair_value": 662.28657, "relative_strength": -39.151504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.234731, "energy": 40.423061, "activity_lines": [ 573.833931, 563.898219, 593.808407, 681.296176 ] }, { "date": "2025-05-23", "close": 559.630127, "volume": 13698, "typical_volume": 125406.8, "trend": 786.695658, "fair_value": 663.720979, "relative_strength": -42.852429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.905213, "energy": 41.084703, "activity_lines": [ 570.792867, 563.997712, 583.619706, 665.593158 ] }, { "date": "2025-05-30", "close": 558.137756, "volume": 11969, "typical_volume": 120483.35, "trend": 766.582139, "fair_value": 665.003609, "relative_strength": -41.876434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.922314, "energy": 44.620182, "activity_lines": [ 565.844905, 563.51835, 575.435012, 650.847487 ] }, { "date": "2025-06-06", "close": 597.038269, "volume": 18957, "typical_volume": 109470.2, "trend": 748.007397, "fair_value": 666.644536, "relative_strength": -37.632311, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.47668, "energy": 33.334215, "activity_lines": [ 576.281384, 570.511578, 572.625609, 639.909173 ] }, { "date": "2025-06-13", "close": 592.959167, "volume": 16273, "typical_volume": 105501.6, "trend": 733.246429, "fair_value": 668.541542, "relative_strength": -36.461069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.624007, "energy": 29.587884, "activity_lines": [ 583.693367, 575.715795, 571.082331, 629.906061 ] }, { "date": "2025-06-20", "close": 562.366089, "volume": 12733, "typical_volume": 96174.65, "trend": 718.357782, "fair_value": 670.272891, "relative_strength": -39.68196, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.980005, "energy": 29.2948, "activity_lines": [ 576.712504, 574.706428, 568.07774, 618.881523 ] }, { "date": "2025-06-27", "close": 598.928589, "volume": 18658, "typical_volume": 92508.3, "trend": 703.580231, "fair_value": 672.247719, "relative_strength": -36.133883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.985391, "energy": 18.695951, "activity_lines": [ 585.013273, 579.713481, 569.971363, 611.176414 ] }, { "date": "2025-07-04", "close": 587.735962, "volume": 23448, "typical_volume": 79426.5, "trend": 686.431508, "fair_value": 673.924767, "relative_strength": -35.94566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.183292, "energy": 16.524716, "activity_lines": [ 586.963269, 581.5866, 571.855035, 603.70259 ] }, { "date": "2025-07-11", "close": 598.331665, "volume": 18681, "typical_volume": 73258.1, "trend": 670.393756, "fair_value": 675.83769, "relative_strength": -33.107393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.142017, "energy": 12.385654, "activity_lines": [ 590.471952, 585.507407, 574.96362, 598.018729 ] }, { "date": "2025-07-18", "close": 587.650024, "volume": 40760, "typical_volume": 34502.8, "trend": 653.572141, "fair_value": 677.547296, "relative_strength": -32.967147, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.961458, "energy": 9.768185, "activity_lines": [ 590.333862, 587.008547, 577.260517, 592.680424 ] }, { "date": "2025-07-25", "close": 673.450012, "volume": 349598, "typical_volume": 41757.75, "trend": 641.615247, "fair_value": 679.848107, "relative_strength": -21.800867, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 13.796554, "energy": 17.963805, "activity_lines": [ 619.149711, 603.062082, 587.357586, 593.962867 ] }, { "date": "2025-08-01", "close": 669.849976, "volume": 104834, "typical_volume": 42874.85, "trend": 630.266282, "fair_value": 681.856742, "relative_strength": -20.489413, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.464013, "energy": 40.82219, "activity_lines": [ 639.359953, 617.285211, 596.357313, 595.784463 ] }, { "date": "2025-08-08", "close": 621.700012, "volume": 61565, "typical_volume": 41799.65, "trend": 620.691656, "fair_value": 683.51964, "relative_strength": -24.623254, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.294922, "energy": 41.969231, "activity_lines": [ 638.792114, 620.749804, 600.165934, 595.2318 ] }, { "date": "2025-08-15", "close": 738.349976, "volume": 1021335, "typical_volume": 91614.15, "trend": 613.819777, "fair_value": 686.28814, "relative_strength": -10.873989, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.908215, "energy": 67.156782, "activity_lines": [ 674.843327, 644.267803, 614.886098, 602.822659 ] }, { "date": "2025-08-22", "close": 752.299988, "volume": 357854, "typical_volume": 109066.85, "trend": 608.964939, "fair_value": 689.164447, "relative_strength": -9.601782, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.809652, "energy": 79.327076, "activity_lines": [ 706.20999, 667.752865, 629.987615, 611.756866 ] }, { "date": "2025-08-29", "close": 708.400024, "volume": 209575, "typical_volume": 119201.4, "trend": 603.920237, "fair_value": 691.738742, "relative_strength": -12.782151, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.828498, "energy": 68.17889, "activity_lines": [ 711.966667, 680.35901, 639.978864, 618.172033 ] }, { "date": "2025-09-05", "close": 767.200012, "volume": 233466, "typical_volume": 130356.25, "trend": 602.137193, "fair_value": 694.496298, "relative_strength": -5.74557, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.91288, "energy": 77.396011, "activity_lines": [ 734.993339, 701.000899, 654.709369, 628.706212 ] }, { "date": "2025-09-12", "close": 907.099976, "volume": 2477035, "typical_volume": 253263.7, "trend": 611.272072, "fair_value": 698.22133, "relative_strength": 10.708361, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.928837, "energy": 84.945207, "activity_lines": [ 798.16333, 744.019664, 681.674577, 648.381231 ] }, { "date": "2025-09-19", "close": 909.349976, "volume": 819713, "typical_volume": 292857.05, "trend": 620.200065, "fair_value": 701.86855, "relative_strength": 10.823983, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.743636, "energy": 84.118981, "activity_lines": [ 843.056657, 781.640903, 707.365032, 667.612063 ] }, { "date": "2025-09-26", "close": 911.349976, "volume": 633917, "typical_volume": 323283.3, "trend": 633.588857, "fair_value": 705.678195, "relative_strength": 14.82278, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.809266, "energy": 85.992174, "activity_lines": [ 877.216651, 813.970899, 731.639851, 686.395928 ] }, { "date": "2025-10-03", "close": 906.5, "volume": 143421, "typical_volume": 329374.5, "trend": 646.638558, "fair_value": 709.313485, "relative_strength": 13.814802, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.155918, "energy": 83.851175, "activity_lines": [ 899.156653, 839.533627, 753.636967, 704.003099 ] }, { "date": "2025-10-10", "close": 934.25, "volume": 566933, "typical_volume": 357036.25, "trend": 659.689663, "fair_value": 713.263904, "relative_strength": 16.18005, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.14556, "energy": 74.965452, "activity_lines": [ 917.13999, 865.904538, 776.859217, 722.558676 ] }, { "date": "2025-10-17", "close": 841.25, "volume": 233902, "typical_volume": 368132.9, "trend": 668.393829, "fair_value": 716.698042, "relative_strength": 3.700441, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.720526, "energy": 53.385404, "activity_lines": [ 892.986662, 870.559084, 789.44042, 734.272246 ] }, { "date": "2025-10-24", "close": 817.150024, "volume": 127220, "typical_volume": 373546.05, "trend": 677.65104, "fair_value": 719.948215, "relative_strength": 1.119248, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.082233, "energy": 40.835887, "activity_lines": [ 865.190006, 866.839999, 798.378233, 743.86942 ] }, { "date": "2025-10-31", "close": 804.400024, "volume": 88212, "typical_volume": 377143.0, "trend": 685.892944, "fair_value": 723.117292, "relative_strength": 0.846789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.888428, "energy": 30.363135, "activity_lines": [ 839.290014, 859.370004, 805.053609, 752.046774 ] }, { "date": "2025-11-07", "close": 765.799988, "volume": 76814, "typical_volume": 380347.05, "trend": 693.831474, "fair_value": 725.981564, "relative_strength": -2.04822, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.788092, "energy": 26.11614, "activity_lines": [ 807.653341, 843.934547, 807.04593, 757.202067 ] }, { "date": "2025-11-14", "close": 785.099976, "volume": 101531, "typical_volume": 384490.7, "trend": 702.051855, "fair_value": 728.8583, "relative_strength": -0.341697, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.632719, "energy": 25.510824, "activity_lines": [ 791.829997, 830.964543, 809.907613, 763.090357 ] }, { "date": "2025-11-21", "close": 711.049988, "volume": 78759, "typical_volume": 387256.25, "trend": 705.940129, "fair_value": 731.128185, "relative_strength": -9.43361, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.829356, "energy": 17.326928, "activity_lines": [ 761.266659, 804.205451, 804.830385, 763.670882 ] }, { "date": "2025-11-28", "close": 703.299988, "volume": 46551, "typical_volume": 388649.75, "trend": 710.314583, "fair_value": 733.458059, "relative_strength": -9.941317, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.436819, "energy": 23.724178, "activity_lines": [ 736.799988, 779.601813, 798.427852, 763.50055 ] }, { "date": "2025-12-05", "close": 655.75, "volume": 59985, "typical_volume": 389611.0, "trend": 714.505188, "fair_value": 735.504995, "relative_strength": -14.899791, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.803667, "energy": 42.176483, "activity_lines": [ 704.073324, 750.099087, 786.9969, 759.980254 ] }, { "date": "2025-12-12", "close": 640.400024, "volume": 161907, "typical_volume": 380226.45, "trend": 715.559253, "fair_value": 737.446561, "relative_strength": -15.396422, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.923764, "energy": 64.076732, "activity_lines": [ 676.140002, 722.452728, 773.77976, 755.199276 ] }, { "date": "2025-12-19", "close": 615.25, "volume": 58806, "typical_volume": 377925.05, "trend": 717.413249, "fair_value": 739.441807, "relative_strength": -17.228197, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.362793, "energy": 70.398715, "activity_lines": [ 648.183337, 695.071818, 758.324761, 748.727711 ] }, { "date": "2025-12-26", "close": 634.950012, "volume": 73196, "typical_volume": 378506.6, "trend": 719.973657, "fair_value": 741.382351, "relative_strength": -13.727853, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.841767, "energy": 67.388369, "activity_lines": [ 638.116675, 677.072729, 745.005952, 743.407503 ] }, { "date": "2026-01-02", "close": 617.549988, "volume": 90254, "typical_volume": 331952.55, "trend": 720.657381, "fair_value": 743.153353, "relative_strength": -15.938487, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.11348, "energy": 69.886277, "activity_lines": [ 627.323336, 659.660909, 729.966904, 736.799524 ] }, { "date": "2026-01-09", "close": 587.049988, "volume": 118043, "typical_volume": 319962.0, "trend": 720.460409, "fair_value": 744.721869, "relative_strength": -17.172983, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.226973, "energy": 71.512497, "activity_lines": [ 612.079997, 640.332725, 712.598331, 728.179692 ] }, { "date": "2026-01-16", "close": 579.200012, "volume": 73910, "typical_volume": 313178.75, "trend": 721.021539, "fair_value": 746.278418, "relative_strength": -17.268488, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.369625, "energy": 84.332593, "activity_lines": [ 598.8, 623.529092, 695.269047, 719.066118 ] }, { "date": "2026-01-23", "close": 519.849976, "volume": 81647, "typical_volume": 305587.8, "trend": 718.385586, "fair_value": 747.583836, "relative_strength": -22.844424, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.646109, "energy": 90.437615, "activity_lines": [ 569.816659, 599.327269, 672.902616, 706.087308 ] }, { "date": "2026-01-30", "close": 511.950012, "volume": 90229, "typical_volume": 186247.5, "trend": 715.859387, "fair_value": 748.796458, "relative_strength": -23.943952, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.618158, "energy": 90.217151, "activity_lines": [ 544.559998, 578.511818, 650.961666, 692.768884 ] }, { "date": "2026-02-06", "close": 543.349976, "volume": 104373, "typical_volume": 150480.5, "trend": 714.026664, "fair_value": 750.079458, "relative_strength": -19.655619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.001132, "energy": 81.254339, "activity_lines": [ 537.969991, 567.02545, 633.892854, 681.639244 ] }, { "date": "2026-02-13", "close": 534.900024, "volume": 157334, "typical_volume": 126651.35, "trend": 712.268331, "fair_value": 751.620179, "relative_strength": -19.826747, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.472335, "energy": 69.307522, "activity_lines": [ 533.510002, 556.910909, 617.762142, 670.082687 ] }, { "date": "2026-02-20", "close": 548.450012, "volume": 133505, "typical_volume": 126155.55, "trend": 708.101664, "fair_value": 753.329534, "relative_strength": -17.71339, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.894229, "energy": 60.711531, "activity_lines": [ 537.043339, 551.457274, 604.714524, 659.513763 ] }, { "date": "2026-02-27", "close": 517.299988, "volume": 42970, "typical_volume": 99957.4, "trend": 703.016665, "fair_value": 754.823362, "relative_strength": -21.031613, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.03593, "energy": 59.1939, "activity_lines": [ 532.243335, 542.011818, 590.405237, 647.203977 ] }, { "date": "2026-03-06", "close": 519.700012, "volume": 79605, "typical_volume": 92242.55, "trend": 699.616665, "fair_value": 756.329722, "relative_strength": -18.206861, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.254372, "energy": 57.224676, "activity_lines": [ 528.413338, 534.783638, 578.31, 635.377096 ] }, { "date": "2026-03-13", "close": 519.400024, "volume": 207228, "typical_volume": 96242.95, "trend": 692.318333, "fair_value": 757.910863, "relative_strength": -13.551192, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.909215, "energy": 54.81276, "activity_lines": [ 523.966679, 529.59637, 567.717384, 623.750216 ] }, { "date": "2026-03-20", "close": 553.849976, "volume": 237436, "typical_volume": 103704.15, "trend": 685.703333, "fair_value": 759.705547, "relative_strength": -7.610924, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.820925, "energy": 44.695132, "activity_lines": [ 532.6, 532.457274, 561.823572, 614.816774 ] }, { "date": "2026-03-27", "close": 499.899994, "volume": 209145, "typical_volume": 110320.7, "trend": 678.753332, "fair_value": 761.101783, "relative_strength": -15.468294, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.655318, "energy": 49.886641, "activity_lines": [ 521.986664, 526.112727, 551.984762, 602.829462 ] }, { "date": "2026-04-03", "close": 538.650024, "volume": 70491, "typical_volume": 108768.7, "trend": 671.134999, "fair_value": 762.52613, "relative_strength": -8.447292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.54839, "energy": 39.975986, "activity_lines": [ 527.526672, 528.255459, 547.102621, 593.790539 ] }, { "date": "2026-04-10", "close": 583.5, "volume": 163416, "typical_volume": 113001.55, "trend": 660.348333, "fair_value": 764.159054, "relative_strength": -6.419387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.63562, "energy": 24.508419, "activity_lines": [ 546.593337, 538.210913, 547.665478, 588.136668 ] }, { "date": "2026-04-17", "close": 651.849976, "volume": 189216, "typical_volume": 120134.8, "trend": 651.764999, "fair_value": 766.1924, "relative_strength": 2.922126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 3.643938, "energy": 11.104191, "activity_lines": [ 584.189994, 559.292726, 555.345238, 587.588387 ] }, { "date": "2026-04-24", "close": 661.599976, "volume": 355941, "typical_volume": 134932.6, "trend": 643.439999, "fair_value": 768.135789, "relative_strength": 6.220724, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.741107, "energy": 27.26577, "activity_lines": [ 616.206655, 580.17454, 564.198569, 588.222901 ] }, { "date": "2026-05-01", "close": 659.400024, "volume": 65084, "typical_volume": 130091.45, "trend": 635.203334, "fair_value": 770.099624, "relative_strength": 5.119329, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.736235, "energy": 39.042137, "activity_lines": [ 640.306665, 598.352726, 572.814524, 589.25258 ] }, { "date": "2026-05-08", "close": 682.5, "volume": 133712, "typical_volume": 133836.75, "trend": 626.811667, "fair_value": 772.244817, "relative_strength": 7.511409, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.276105, "energy": 60.441866, "activity_lines": [ 661.473332, 618.713635, 583.54, 592.303978 ] }, { "date": "2026-05-15", "close": 616.200012, "volume": 242459, "typical_volume": 142299.9, "trend": 619.310001, "fair_value": 773.980541, "relative_strength": -0.871398, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.40017, "energy": 51.400349, "activity_lines": [ 650.950004, 624.016365, 587.630953, 591.619355 ] }, { "date": "2026-05-22", "close": 628.599976, "volume": 94356, "typical_volume": 142505.0, "trend": 613.024999, "fair_value": 775.783074, "relative_strength": 0.50733, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.255614, "energy": 29.894561, "activity_lines": [ 642.379997, 629.819087, 592.992142, 592.218709 ] }, { "date": "2026-05-29", "close": 661.349976, "volume": 235039, "typical_volume": 148354.8, "trend": 608.256664, "fair_value": 777.995227, "relative_strength": 6.085863, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.042684, "energy": 27.781987, "activity_lines": [ 646.276656, 639.590902, 601.419758, 595.336449 ] }, { "date": "2026-06-05", "close": 648.150024, "volume": 10559, "typical_volume": 145187.25, "trend": 604.334999, "fair_value": 780.084412, "relative_strength": 4.481137, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.12624, "energy": 20.742136, "activity_lines": [ 645.789998, 645.00818, 608.236428, 597.910214 ] }, { "date": "2026-06-12", "close": 633.900024, "volume": 28168, "typical_volume": 142513.3, "trend": 599.295, "fair_value": 782.06989, "relative_strength": 0.867893, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 42.409181, "energy": 26.458625, "activity_lines": [ 641.303341, 645.139094, 613.36762, 599.817635 ] }, { "date": "2026-06-19", "close": 635.646057, "volume": 25430, "typical_volume": 139273.35, "trend": 596.781536, "fair_value": 784.104279, "relative_strength": -0.790209, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.943824, "energy": 26.420342, "activity_lines": [ 640.638692, 643.85565, 618.122007, 602.162865 ] }, { "date": "2026-06-26", "close": 608.951599, "volume": 0, "typical_volume": 134054.7, "trend": 593.63659, "fair_value": 785.977692, "relative_strength": -5.259442, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.643822, "energy": 19.053953, "activity_lines": [ 629.779488, 636.770558, 619.745035, 602.94803 ] }, { "date": "2026-07-03", "close": 648.521057, "volume": 32735, "typical_volume": 127824.75, "trend": 593.395625, "fair_value": 787.383991, "relative_strength": -0.257439, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.026648, "energy": 20.352338, "activity_lines": [ 633.419995, 637.659883, 624.824194, 606.488963 ] }, { "date": "2026-07-10", "close": 641.362732, "volume": 106956, "typical_volume": 126497.3, "trend": 593.427715, "fair_value": 788.49971, "relative_strength": -1.289433, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.994053, "energy": 19.803448, "activity_lines": [ 635.529655, 637.485494, 628.680555, 609.583616 ] }, { "date": "2026-07-17", "close": 614.27063, "volume": 109539, "typical_volume": 129825.75, "trend": 593.395069, "fair_value": 789.605244, "relative_strength": -6.068968, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.207466, "energy": 15.803008, "activity_lines": [ 629.0611, 632.713218, 629.514275, 610.92832 ] }, { "date": "2026-07-24", "close": 613.299988, "volume": 59627, "typical_volume": 128826.85, "trend": 592.673402, "fair_value": 790.315269, "relative_strength": -3.890551, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.070617, "energy": 12.178606, "activity_lines": [ 623.577625, 629.004996, 629.793788, 612.212508 ] }, { "date": "2026-07-31", "close": 594.299988, "volume": 36428, "typical_volume": 120286.85, "trend": 591.898402, "fair_value": 790.313055, "relative_strength": -9.032736, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.457908, "energy": 9.739191, "activity_lines": [ 613.250554, 621.894956, 627.818063, 612.317449 ] }, { "date": "2026-08-07", "close": 670.599976, "volume": 127983, "typical_volume": 114814.2, "trend": 594.683402, "fair_value": 791.256918, "relative_strength": 1.735194, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.409217, "energy": 19.690855, "activity_lines": [ 629.333586, 629.281278, 632.752336, 617.39497 ] } ], "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." } } }