{ "ticker": { "uuid": "828477b8-f92b-4bd5-bc1c-a72a9818db8a", "symbol": "NITCO", "name": "NITCO 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 38.135, "architecture_energy": 22.377, "architecture_maturity": 65.37, "architecture_confidence": 88.674, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 39.81, "rotation_up": 29.87, "upward_expansion": 62.32, "deceleration": 87.74, "rotation_down": 26.31, "downward_expansion": 14.65 }, "activity_lines": [ 104.491333, 106.443272, 103.087428, 98.199504 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 99.279999, "trend_reference": 92.299666, "distance_from_trend": 0.075627, "trend_direction": "Improving", "fair_value": 88.289744, "distance_from_fair_value": 0.124479, "fair_value_direction": "Weakening", "relative_strength": 2.76818, "relative_strength_direction": "Weakening", "price_momentum": 0.195281, "excess_performance": 0.23899, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.075627, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.059986, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.124479, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.199594, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.027682, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.028429, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.195281, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.535249, "read": "Demand-led" } ], "volume": { "latest": 2365174, "relative_activity": 0.700548, "balance": 1.535249, "dry_up": 0.840104, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.109163, "annualized_volatility": 0.610174, "from_high_reference": -0.300796, "from_low_reference": 0.55125 }, "levels": { "trend_reference": 92.299666, "fair_value_reference": 88.289744, "structural_low": 64.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 24, "median_return": -0.034043, "positive_rate": 0.416667, "directional_follow_through": 0.416667, "median_excess_return": -0.03919, "regime_survival": 0.708333, "best_return": 0.449916, "worst_return": -0.233645, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.007273, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.091324, "regime_survival": 0.333333, "best_return": 0.865832, "worst_return": -0.307826, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.001012, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.006818, "regime_survival": 0.428571, "best_return": 1.726297, "worst_return": -0.370435, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.001265, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.123475, "regime_survival": 0.5, "best_return": 3.051064, "worst_return": -0.256152, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-03", "end": "2024-07-19", "tenure": "Developing", "return": -0.008437, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-26", "end": "2024-08-16", "tenure": "New", "return": 0.088029, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-23", "end": "2025-01-31", "tenure": "Established", "return": 0.477381, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-07", "end": "2025-03-07", "tenure": "Developing", "return": -0.117992, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": 0.164191, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-06-13", "tenure": "Developing", "return": 0.119949, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-06-27", "tenure": "New", "return": 0.085204, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-08-08", "tenure": "Developing", "return": -0.208647, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-15", "end": "2025-08-29", "tenure": "New", "return": -0.106147, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-05", "end": "2025-10-10", "tenure": "Developing", "return": -0.039427, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-17", "end": "2026-04-10", "tenure": "Established", "return": -0.211229, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-05-08", "tenure": "New", "return": 0.1861, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-15", "end": "2026-05-29", "tenure": "New", "return": 0.02203, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": 0.07714, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 17.6, "volume": 733190, "typical_volume": 744099.85, "trend": 19.836667, "fair_value": 23.286538, "relative_strength": -24.210236, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.670996, "energy": 30.799925, "activity_lines": [ 18.343334, 18.599091, 18.635238, 18.960323 ] }, { "date": "2023-08-25", "close": 18.1, "volume": 991066, "typical_volume": 780511.45, "trend": 19.616667, "fair_value": 23.272436, "relative_strength": -21.343766, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.785396, "energy": 31.975807, "activity_lines": [ 18.196667, 18.502728, 18.572143, 18.84828 ] }, { "date": "2023-09-01", "close": 21.0, "volume": 6324378, "typical_volume": 1090671.45, "trend": 19.523333, "fair_value": 23.287179, "relative_strength": -9.153794, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.341725, "energy": 1.882423, "activity_lines": [ 19.073333, 18.942728, 18.79381, 18.937527 ] }, { "date": "2023-09-08", "close": 19.75, "volume": 3739644, "typical_volume": 1262245.85, "trend": 19.373333, "fair_value": 23.291987, "relative_strength": -15.716641, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.271826, "energy": 8.717222, "activity_lines": [ 19.39, 19.106364, 18.889286, 18.952151 ] }, { "date": "2023-09-15", "close": 19.200001, "volume": 2607685, "typical_volume": 1381688.1, "trend": 19.226667, "fair_value": 23.295513, "relative_strength": -19.039243, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.11708, "energy": 10.954486, "activity_lines": [ 19.453334, 19.140909, 18.930953, 18.940968 ] }, { "date": "2023-09-22", "close": 18.799999, "volume": 1100626, "typical_volume": 1417059.9, "trend": 19.093333, "fair_value": 23.305449, "relative_strength": -18.151634, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.456318, "energy": 13.750972, "activity_lines": [ 19.343333, 19.082727, 18.936905, 18.913441 ] }, { "date": "2023-09-29", "close": 18.75, "volume": 840826, "typical_volume": 1435141.35, "trend": 18.983333, "fair_value": 23.318269, "relative_strength": -17.726064, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.011639, "energy": 4.778003, "activity_lines": [ 19.136667, 19.045455, 18.936667, 18.89129 ] }, { "date": "2023-10-06", "close": 19.65, "volume": 2037273, "typical_volume": 1514591.2, "trend": 18.92, "fair_value": 23.330128, "relative_strength": -13.384471, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.919162, "energy": 16.446307, "activity_lines": [ 19.186667, 19.175455, 19.017619, 18.934301 ] }, { "date": "2023-10-13", "close": 19.4, "volume": 2124279, "typical_volume": 1610650.85, "trend": 18.935, "fair_value": 23.344872, "relative_strength": -14.405162, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 32.388961, "energy": 12.787474, "activity_lines": [ 19.243333, 19.245455, 19.066191, 18.965269 ] }, { "date": "2023-10-20", "close": 20.75, "volume": 2200478, "typical_volume": 1704281.55, "trend": 18.991667, "fair_value": 23.362179, "relative_strength": -6.999207, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 56.478055, "energy": 35.122729, "activity_lines": [ 19.773333, 19.548182, 19.237143, 19.082366 ] }, { "date": "2023-10-27", "close": 19.15, "volume": 1290973, "typical_volume": 1753577.2, "trend": 18.993333, "fair_value": 23.372756, "relative_strength": -11.437541, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.337168, "energy": 29.006588, "activity_lines": [ 19.666667, 19.520909, 19.248095, 19.092581 ] }, { "date": "2023-11-03", "close": 25.700001, "volume": 10119404, "typical_volume": 2227894.9, "trend": 19.186667, "fair_value": 23.428205, "relative_strength": 17.648056, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 80.892898, "energy": 68.197437, "activity_lines": [ 21.72, 20.656364, 19.882143, 19.525269 ] }, { "date": "2023-11-10", "close": 27.950001, "volume": 17386066, "typical_volume": 3086692.6, "trend": 19.468334, "fair_value": 23.496795, "relative_strength": 26.280493, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.712884, "energy": 79.729222, "activity_lines": [ 24.060001, 22.062728, 20.696667, 20.090645 ] }, { "date": "2023-11-17", "close": 30.5, "volume": 999648, "typical_volume": 3130561.8, "trend": 19.836667, "fair_value": 23.577244, "relative_strength": 34.92151, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.990872, "energy": 88.537274, "activity_lines": [ 26.696667, 23.806364, 21.708095, 20.802366 ] }, { "date": "2023-11-24", "close": 28.700001, "volume": 704233, "typical_volume": 3156013.15, "trend": 20.136667, "fair_value": 23.633654, "relative_strength": 26.116253, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.980494, "energy": 85.557943, "activity_lines": [ 27.993334, 25.027273, 22.489286, 21.374194 ] }, { "date": "2023-12-01", "close": 28.0, "volume": 1281017, "typical_volume": 2952475.85, "trend": 20.453333, "fair_value": 23.644872, "relative_strength": 19.880283, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.650641, "energy": 83.059352, "activity_lines": [ 28.526667, 25.948182, 23.153334, 21.881506 ] }, { "date": "2023-12-08", "close": 28.450001, "volume": 1869191, "typical_volume": 2925262.6, "trend": 20.808334, "fair_value": 23.667628, "relative_strength": 17.79104, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.945726, "energy": 77.827133, "activity_lines": [ 28.620001, 26.783637, 23.824286, 22.39742 ] }, { "date": "2023-12-15", "close": 27.0, "volume": 2747080, "typical_volume": 3039087.35, "trend": 21.113334, "fair_value": 23.678205, "relative_strength": 9.540524, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.95421, "energy": 51.984463, "activity_lines": [ 28.046667, 27.179091, 24.311905, 22.796882 ] }, { "date": "2023-12-22", "close": 31.75, "volume": 1950417, "typical_volume": 3116895.85, "trend": 21.568334, "fair_value": 23.71891, "relative_strength": 29.090719, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.20206, "energy": 56.352848, "activity_lines": [ 29.12, 28.304546, 25.213096, 23.483119 ] }, { "date": "2023-12-29", "close": 31.700001, "volume": 879167, "typical_volume": 3096332.05, "trend": 21.986667, "fair_value": 23.754487, "relative_strength": 26.690669, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.893875, "energy": 55.575654, "activity_lines": [ 30.093334, 29.196364, 26.047381, 24.136775 ] }, { "date": "2024-01-05", "close": 32.900002, "volume": 775749, "typical_volume": 3098460.0, "trend": 22.45, "fair_value": 23.784615, "relative_strength": 31.819164, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.222566, "energy": 59.091776, "activity_lines": [ 31.266668, 30.107273, 26.933572, 24.840861 ] }, { "date": "2024-01-12", "close": 36.200001, "volume": 386875, "typical_volume": 3068250.45, "trend": 23.036667, "fair_value": 23.854167, "relative_strength": 43.564543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.912241, "energy": 82.419681, "activity_lines": [ 33.213334, 31.368183, 28.061191, 25.727957 ] }, { "date": "2024-01-19", "close": 39.849998, "volume": 490651, "typical_volume": 2776564.1, "trend": 23.755, "fair_value": 23.958013, "relative_strength": 59.031164, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.475598, "energy": 91.860219, "activity_lines": [ 35.86, 33.101819, 29.450238, 26.812688 ] }, { "date": "2024-01-26", "close": 43.0, "volume": 234968, "typical_volume": 2601330.3, "trend": 24.583334, "fair_value": 24.080128, "relative_strength": 72.026843, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.931565, "energy": 95.446036, "activity_lines": [ 38.7, 35.191818, 31.049524, 28.054301 ] }, { "date": "2024-02-02", "close": 47.349998, "volume": 206423, "typical_volume": 2481267.2, "trend": 25.558334, "fair_value": 24.227564, "relative_strength": 82.58467, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.24847, "energy": 97.612307, "activity_lines": [ 42.239999, 37.845454, 32.952381, 29.523118 ] }, { "date": "2024-02-09", "close": 52.150002, "volume": 745871, "typical_volume": 2463529.45, "trend": 26.615, "fair_value": 24.411218, "relative_strength": 98.420494, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.66455, "energy": 98.75718, "activity_lines": [ 46.336667, 41.032727, 35.178334, 31.23871 ] }, { "date": "2024-02-16", "close": 57.450001, "volume": 501388, "typical_volume": 2446557.55, "trend": 27.898334, "fair_value": 24.635577, "relative_strength": 111.66878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.312418, "energy": 99.025083, "activity_lines": [ 50.916667, 44.744546, 37.750238, 33.228065 ] }, { "date": "2024-02-23", "close": 63.25, "volume": 124632, "typical_volume": 2350925.5, "trend": 29.378334, "fair_value": 24.895192, "relative_strength": 125.796206, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.6926, "energy": 99.176277, "activity_lines": [ 56.013334, 48.983637, 40.690238, 35.508818 ] }, { "date": "2024-03-01", "close": 67.0, "volume": 1977890, "typical_volume": 2343606.05, "trend": 30.988334, "fair_value": 25.178205, "relative_strength": 131.665376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.467216, "energy": 98.756627, "activity_lines": [ 60.8, 53.245455, 43.779762, 37.936022 ] }, { "date": "2024-03-08", "close": 65.599998, "volume": 1308986, "typical_volume": 2299031.45, "trend": 32.555, "fair_value": 25.452885, "relative_strength": 119.782898, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.691123, "energy": 93.906626, "activity_lines": [ 63.52, 56.611818, 46.509286, 40.169032 ] }, { "date": "2024-03-15", "close": 59.400002, "volume": 1426006, "typical_volume": 2305783.1, "trend": 33.948334, "fair_value": 25.698397, "relative_strength": 98.684349, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.640546, "energy": 76.27165, "activity_lines": [ 62.956667, 58.234546, 48.434762, 41.900968 ] }, { "date": "2024-03-22", "close": 58.150002, "volume": 864363, "typical_volume": 1843031.05, "trend": 35.283334, "fair_value": 25.948397, "relative_strength": 89.804084, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.194408, "energy": 68.235273, "activity_lines": [ 61.493334, 59.148182, 50.049524, 43.462366 ] }, { "date": "2024-03-29", "close": 55.950001, "volume": 1107244, "typical_volume": 1029089.95, "trend": 36.448334, "fair_value": 26.177885, "relative_strength": 77.284116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.22965, "energy": 60.730882, "activity_lines": [ 59.250001, 59.262728, 51.300239, 44.795699 ] }, { "date": "2024-04-05", "close": 64.199997, "volume": 1356060, "typical_volume": 1046910.55, "trend": 37.93, "fair_value": 26.46282, "relative_strength": 97.122301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.147342, "energy": 60.526827, "activity_lines": [ 60.243333, 60.584545, 53.203333, 46.586129 ] }, { "date": "2024-04-12", "close": 60.5, "volume": 403571, "typical_volume": 1031877.45, "trend": 39.306667, "fair_value": 26.729487, "relative_strength": 81.863872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.661195, "energy": 52.911206, "activity_lines": [ 60.19, 60.848182, 54.593572, 48.042258 ] }, { "date": "2024-04-19", "close": 60.700001, "volume": 328290, "typical_volume": 984241.1, "trend": 40.703334, "fair_value": 27.000962, "relative_strength": 81.661516, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.417329, "energy": 52.72494, "activity_lines": [ 60.543333, 60.909091, 55.851429, 49.422473 ] }, { "date": "2024-04-26", "close": 66.900002, "volume": 106996, "typical_volume": 896131.35, "trend": 42.308334, "fair_value": 27.307051, "relative_strength": 93.1184, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 77.780377, "energy": 66.217496, "activity_lines": [ 62.876667, 61.941819, 57.544048, 51.112581 ] }, { "date": "2024-05-03", "close": 72.300003, "volume": 187808, "typical_volume": 768167.75, "trend": 44.063334, "fair_value": 27.641987, "relative_strength": 102.656221, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.761465, "energy": 70.767924, "activity_lines": [ 66.426668, 63.784546, 59.567858, 53.047527 ] }, { "date": "2024-05-10", "close": 76.199997, "volume": 1670483, "typical_volume": 754171.05, "trend": 45.956667, "fair_value": 27.99359, "relative_strength": 111.304816, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.307003, "energy": 84.245266, "activity_lines": [ 70.186667, 66.171818, 61.747381, 55.120861 ] }, { "date": "2024-05-17", "close": 80.050003, "volume": 609056, "typical_volume": 740665.5, "trend": 47.933334, "fair_value": 28.361538, "relative_strength": 111.496846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.074705, "energy": 93.757241, "activity_lines": [ 74.430001, 69.091819, 64.081905, 57.320431 ] }, { "date": "2024-05-24", "close": 76.300003, "volume": 102067, "typical_volume": 706981.4, "trend": 49.838334, "fair_value": 28.684295, "relative_strength": 92.134227, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.961521, "energy": 87.545356, "activity_lines": [ 76.120002, 71.067274, 65.829048, 59.150538 ] }, { "date": "2024-05-31", "close": 71.800003, "volume": 273174, "typical_volume": 701296.35, "trend": 51.375001, "fair_value": 28.98109, "relative_strength": 79.916913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.504347, "energy": 70.590996, "activity_lines": [ 75.270002, 71.917274, 66.940953, 60.56742 ] }, { "date": "2024-06-07", "close": 71.699997, "volume": 823429, "typical_volume": 717935.25, "trend": 52.833334, "fair_value": 29.228526, "relative_strength": 70.014355, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.167883, "energy": 59.772049, "activity_lines": [ 74.060001, 72.50091, 67.87381, 61.87871 ] }, { "date": "2024-06-14", "close": 80.279999, "volume": 730763, "typical_volume": 742725.0, "trend": 54.492667, "fair_value": 29.56109, "relative_strength": 84.176568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.62209, "energy": 60.359097, "activity_lines": [ 75.75, 74.358182, 69.472143, 63.649463 ] }, { "date": "2024-06-21", "close": 82.620003, "volume": 2724702, "typical_volume": 868638.95, "trend": 56.29, "fair_value": 29.910577, "relative_strength": 84.41841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.036266, "energy": 59.315665, "activity_lines": [ 77.948001, 76.348546, 71.11581, 65.46413 ] }, { "date": "2024-06-28", "close": 79.660004, "volume": 1295617, "typical_volume": 896126.25, "trend": 58.012001, "fair_value": 30.24141, "relative_strength": 69.971265, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.725036, "energy": 54.786138, "activity_lines": [ 78.988002, 77.398547, 72.30962, 66.971872 ] }, { "date": "2024-07-05", "close": 76.839996, "volume": 756678, "typical_volume": 908890.75, "trend": 59.625, "fair_value": 30.557692, "relative_strength": 58.374472, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.375243, "energy": 53.752423, "activity_lines": [ 78.864, 77.591091, 73.103858, 68.186581 ] }, { "date": "2024-07-12", "close": 72.440002, "volume": 719397, "typical_volume": 938629.0, "trend": 61.139667, "fair_value": 30.848333, "relative_strength": 45.537475, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.872784, "energy": 42.291927, "activity_lines": [ 76.937334, 76.80291, 73.386715, 69.013355 ] }, { "date": "2024-07-19", "close": 71.690002, "volume": 788062, "typical_volume": 879137.6, "trend": 62.471001, "fair_value": 31.1425, "relative_strength": 41.237637, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.120279, "energy": 24.08635, "activity_lines": [ 74.711334, 75.875819, 73.554382, 69.694022 ] }, { "date": "2024-07-26", "close": 71.339996, "volume": 925394, "typical_volume": 859958.0, "trend": 63.792334, "fair_value": 31.437308, "relative_strength": 36.402664, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.366978, "energy": 20.399149, "activity_lines": [ 72.941333, 74.967091, 73.666381, 70.266216 ] }, { "date": "2024-08-02", "close": 80.449997, "volume": 3928725, "typical_volume": 985093.95, "trend": 65.377334, "fair_value": 31.799167, "relative_strength": 51.375484, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.063057, "energy": 22.227058, "activity_lines": [ 74.959998, 75.87309, 74.618667, 71.340903 ] }, { "date": "2024-08-09", "close": 77.230003, "volume": 1704277, "typical_volume": 1027089.65, "trend": 66.745, "fair_value": 32.146474, "relative_strength": 44.545396, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.805766, "energy": 20.383724, "activity_lines": [ 75.852666, 76.118182, 75.164048, 72.105592 ] }, { "date": "2024-08-16", "close": 77.620003, "volume": 1304469, "typical_volume": 1036950.9, "trend": 68.004001, "fair_value": 32.509423, "relative_strength": 41.45421, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.145926, "energy": 28.39051, "activity_lines": [ 76.849334, 76.335455, 75.655715, 72.807205 ] }, { "date": "2024-08-23", "close": 86.43, "volume": 3647584, "typical_volume": 1151527.1, "trend": 69.451667, "fair_value": 32.928526, "relative_strength": 52.388024, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.144808, "energy": 47.826538, "activity_lines": [ 80.437334, 78.04691, 76.883239, 73.995979 ] }, { "date": "2024-08-30", "close": 84.699997, "volume": 4605680, "typical_volume": 1361632.55, "trend": 70.696667, "fair_value": 33.323398, "relative_strength": 44.134402, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.305834, "energy": 51.504718, "activity_lines": [ 82.466, 79.332, 77.840143, 74.979742 ] }, { "date": "2024-09-06", "close": 83.57, "volume": 1300568, "typical_volume": 1410246.45, "trend": 71.744, "fair_value": 33.711667, "relative_strength": 41.639588, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.501267, "energy": 54.287746, "activity_lines": [ 83.227333, 80.373818, 78.574191, 75.81028 ] }, { "date": "2024-09-13", "close": 85.029999, "volume": 1903011, "typical_volume": 1500047.2, "trend": 72.663334, "fair_value": 34.110898, "relative_strength": 38.551273, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.928111, "energy": 57.94473, "activity_lines": [ 84.267333, 81.61, 79.338381, 76.667441 ] }, { "date": "2024-09-20", "close": 83.660004, "volume": 1208186, "typical_volume": 1551066.1, "trend": 73.343667, "fair_value": 34.498462, "relative_strength": 31.629483, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.773606, "energy": 42.278001, "activity_lines": [ 84.330667, 82.448182, 79.885762, 77.376904 ] }, { "date": "2024-09-27", "close": 85.839996, "volume": 2178213, "typical_volume": 1576452.6, "trend": 73.971667, "fair_value": 34.903205, "relative_strength": 30.687405, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.744997, "energy": 38.39763, "activity_lines": [ 84.717999, 83.478727, 80.586667, 78.183118 ] }, { "date": "2024-10-04", "close": 81.57, "volume": 1305530, "typical_volume": 1611276.3, "trend": 74.504, "fair_value": 35.25109, "relative_strength": 27.753015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.608501, "energy": 31.570621, "activity_lines": [ 83.721333, 83.475636, 80.835, 78.673333 ] }, { "date": "2024-10-11", "close": 90.839996, "volume": 5153708, "typical_volume": 1863858.35, "trend": 75.552, "fair_value": 35.669936, "relative_strength": 39.761103, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.559538, "energy": 37.582485, "activity_lines": [ 86.023332, 84.971999, 81.958952, 79.727269 ] }, { "date": "2024-10-18", "close": 121.300003, "volume": 16509542, "typical_volume": 2675676.75, "trend": 77.657, "fair_value": 36.301667, "relative_strength": 82.310314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.550533, "energy": 80.512979, "activity_lines": [ 97.994, 91.817636, 85.914619, 82.678753 ] }, { "date": "2024-10-25", "close": 101.550003, "volume": 9763987, "typical_volume": 3122704.65, "trend": 79.177, "fair_value": 36.809039, "relative_strength": 53.357182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.488789, "energy": 70.553031, "activity_lines": [ 100.963334, 94.271091, 87.753619, 84.220237 ] }, { "date": "2024-11-01", "close": 123.400002, "volume": 1747702, "typical_volume": 3173551.6, "trend": 81.150334, "fair_value": 37.4475, "relative_strength": 80.660949, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.670145, "energy": 87.970932, "activity_lines": [ 110.023335, 100.262182, 91.531429, 87.073334 ] }, { "date": "2024-11-08", "close": 118.580002, "volume": 523353, "typical_volume": 3063484.15, "trend": 83.086334, "fair_value": 38.053141, "relative_strength": 70.672475, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.837847, "energy": 86.596537, "activity_lines": [ 114.972669, 104.704728, 94.644858, 89.488151 ] }, { "date": "2024-11-15", "close": 113.82, "volume": 503957, "typical_volume": 3023901.15, "trend": 84.857, "fair_value": 38.632436, "relative_strength": 64.487992, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.953772, "energy": 75.321923, "activity_lines": [ 115.868002, 107.665819, 97.133715, 91.470968 ] }, { "date": "2024-11-22", "close": 118.32, "volume": 683063, "typical_volume": 3020220.4, "trend": 86.571, "fair_value": 39.23641, "relative_strength": 64.546606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.1452, "energy": 76.48604, "activity_lines": [ 116.731334, 110.895092, 99.888477, 93.629871 ] }, { "date": "2024-11-29", "close": 128.5, "volume": 450692, "typical_volume": 3006785.15, "trend": 88.444334, "fair_value": 39.894423, "relative_strength": 72.691802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.657913, "energy": 72.261521, "activity_lines": [ 121.186667, 115.370001, 103.415238, 96.334968 ] }, { "date": "2024-12-06", "close": 125.110001, "volume": 908021, "typical_volume": 3012783.1, "trend": 90.074667, "fair_value": 40.520769, "relative_strength": 60.690181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.812154, "energy": 60.506244, "activity_lines": [ 122.715334, 118.413274, 106.352191, 98.700495 ] }, { "date": "2024-12-13", "close": 137.380005, "volume": 1816450, "typical_volume": 3057335.9, "trend": 91.985667, "fair_value": 41.168398, "relative_strength": 71.326716, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.596514, "energy": 68.986517, "activity_lines": [ 128.220002, 122.973456, 110.203334, 101.752452 ] }, { "date": "2024-12-20", "close": 141.570007, "volume": 1622825, "typical_volume": 2942040.9, "trend": 94.161334, "fair_value": 41.89, "relative_strength": 80.548383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.843663, "energy": 76.627628, "activity_lines": [ 133.868004, 127.28073, 114.139049, 104.951442 ] }, { "date": "2024-12-27", "close": 128.419998, "volume": 514911, "typical_volume": 2882572.6, "trend": 96.048667, "fair_value": 42.515449, "relative_strength": 58.614355, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.912205, "energy": 57.610025, "activity_lines": [ 133.282669, 128.274729, 116.531335, 107.161678 ] }, { "date": "2025-01-03", "close": 133.279999, "volume": 678820, "typical_volume": 2851290.15, "trend": 98.101334, "fair_value": 43.156346, "relative_strength": 59.659262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.560658, "energy": 53.67525, "activity_lines": [ 133.644001, 130.02291, 119.142715, 109.5637 ] }, { "date": "2025-01-10", "close": 121.529999, "volume": 582520, "typical_volume": 2698036.95, "trend": 99.476334, "fair_value": 43.731539, "relative_strength": 46.2871, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.452328, "energy": 43.318884, "activity_lines": [ 129.77, 129.057819, 120.370001, 111.075227 ] }, { "date": "2025-01-17", "close": 136.139999, "volume": 589023, "typical_volume": 2497204.1, "trend": 101.260334, "fair_value": 44.405192, "relative_strength": 61.950688, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.759594, "energy": 41.606411, "activity_lines": [ 131.004666, 130.783091, 122.821572, 113.440624 ] }, { "date": "2025-01-24", "close": 139.160004, "volume": 1560920, "typical_volume": 2510221.7, "trend": 103.243667, "fair_value": 45.10109, "relative_strength": 62.870066, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.883663, "energy": 45.903734, "activity_lines": [ 133.328667, 132.738183, 125.315811, 115.885764 ] }, { "date": "2025-01-31", "close": 127.690002, "volume": 231275, "typical_volume": 2426634.9, "trend": 104.938667, "fair_value": 45.713846, "relative_strength": 44.350391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.680395, "energy": 34.566957, "activity_lines": [ 131.990001, 132.147092, 126.452954, 117.462947 ] }, { "date": "2025-02-07", "close": 124.5, "volume": 456837, "typical_volume": 2389067.45, "trend": 106.674001, "fair_value": 46.309039, "relative_strength": 38.391996, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.700319, "energy": 32.131515, "activity_lines": [ 129.636668, 130.805637, 127.083144, 118.724969 ] }, { "date": "2025-02-14", "close": 117.120003, "volume": 420602, "typical_volume": 2301186.9, "trend": 108.188334, "fair_value": 46.872949, "relative_strength": 32.105325, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.532265, "energy": 17.344124, "activity_lines": [ 125.408669, 128.195092, 126.816001, 119.398904 ] }, { "date": "2025-02-21", "close": 108.75, "volume": 312577, "typical_volume": 2251539.25, "trend": 109.435334, "fair_value": 47.404359, "relative_strength": 22.212983, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.597264, "energy": 16.536669, "activity_lines": [ 118.684668, 124.208001, 125.602763, 119.435141 ] }, { "date": "2025-02-28", "close": 101.410004, "volume": 223856, "typical_volume": 2005046.65, "trend": 110.134001, "fair_value": 47.896731, "relative_strength": 16.512283, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -16.643711, "energy": 30.95939, "activity_lines": [ 111.340002, 119.406911, 123.561049, 118.917378 ] }, { "date": "2025-03-07", "close": 109.809998, "volume": 1828767, "typical_volume": 1271007.9, "trend": 111.220001, "fair_value": 48.429808, "relative_strength": 22.59975, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.671894, "energy": 32.629662, "activity_lines": [ 109.312001, 116.863274, 122.269001, 118.896474 ] }, { "date": "2025-03-14", "close": 102.32, "volume": 354320, "typical_volume": 800524.55, "trend": 112.043334, "fair_value": 48.927693, "relative_strength": 13.996562, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.020554, "energy": 52.660077, "activity_lines": [ 105.979334, 113.296183, 120.318334, 118.322281 ] }, { "date": "2025-03-21", "close": 116.480003, "volume": 887285, "typical_volume": 757503.7, "trend": 113.045001, "fair_value": 49.518911, "relative_strength": 23.082978, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.84447, "energy": 37.69038, "activity_lines": [ 108.845334, 112.866547, 119.712573, 118.608517 ] }, { "date": "2025-03-28", "close": 119.120003, "volume": 2703741, "typical_volume": 866523.1, "trend": 114.192334, "fair_value": 50.128975, "relative_strength": 23.469318, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.747082, "energy": 13.959197, "activity_lines": [ 112.634002, 113.008729, 119.391192, 119.000453 ] }, { "date": "2025-04-04", "close": 118.800003, "volume": 471738, "typical_volume": 864912.15, "trend": 115.366668, "fair_value": 50.718398, "relative_strength": 25.07418, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.536013, "energy": 6.86228, "activity_lines": [ 115.624669, 113.402184, 119.036763, 119.297722 ] }, { "date": "2025-04-11", "close": 111.610001, "volume": 355559, "typical_volume": 848536.95, "trend": 116.252668, "fair_value": 51.268141, "relative_strength": 16.703159, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.867235, "energy": 11.19773, "activity_lines": [ 115.059335, 112.858547, 117.973859, 119.055356 ] }, { "date": "2025-04-18", "close": 115.980003, "volume": 369437, "typical_volume": 844474.2, "trend": 117.330001, "fair_value": 51.838205, "relative_strength": 14.951066, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.151849, "energy": 9.852864, "activity_lines": [ 115.830669, 113.40182, 117.359097, 119.037765 ] }, { "date": "2025-04-25", "close": 137.860001, "volume": 5670667, "typical_volume": 1082606.5, "trend": 119.064001, "fair_value": 52.556539, "relative_strength": 33.895639, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.704377, "energy": 22.24291, "activity_lines": [ 122.984669, 118.078184, 118.887763, 120.362281 ] }, { "date": "2025-05-02", "close": 131.5, "volume": 1100406, "typical_volume": 1046804.3, "trend": 120.728335, "fair_value": 53.251411, "relative_strength": 24.881416, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.495931, "energy": 30.518549, "activity_lines": [ 126.593335, 121.221092, 119.750001, 121.164604 ] }, { "date": "2025-05-09", "close": 118.699997, "volume": 692622, "typical_volume": 1000294.15, "trend": 121.657001, "fair_value": 53.870641, "relative_strength": 13.56398, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.406407, "energy": 18.336308, "activity_lines": [ 125.11, 121.623092, 119.421191, 121.033743 ] }, { "date": "2025-05-16", "close": 132.229996, "volume": 1523018, "typical_volume": 1050699.5, "trend": 122.021334, "fair_value": 54.546154, "relative_strength": 20.476233, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.182945, "energy": 29.590803, "activity_lines": [ 128.143332, 124.170727, 120.489858, 121.715872 ] }, { "date": "2025-05-23", "close": 128.679993, "volume": 749819, "typical_volume": 1054249.45, "trend": 122.925667, "fair_value": 55.203718, "relative_strength": 17.076379, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.151004, "energy": 25.834969, "activity_lines": [ 128.618663, 125.665271, 121.202286, 122.145463 ] }, { "date": "2025-05-30", "close": 137.279999, "volume": 1368740, "typical_volume": 1093560.45, "trend": 123.388334, "fair_value": 55.926667, "relative_strength": 24.144014, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.817372, "energy": 24.793163, "activity_lines": [ 131.113997, 128.24418, 122.755666, 123.071549 ] }, { "date": "2025-06-06", "close": 139.110001, "volume": 2513947, "typical_volume": 1189806.65, "trend": 124.072667, "fair_value": 56.661667, "relative_strength": 23.211262, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.140853, "energy": 51.996615, "activity_lines": [ 134.257998, 130.777635, 124.408333, 124.08585 ] }, { "date": "2025-06-13", "close": 133.050003, "volume": 1257144, "typical_volume": 1174617.85, "trend": 124.713667, "fair_value": 57.359744, "relative_strength": 18.212506, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.966949, "energy": 32.639722, "activity_lines": [ 134.874667, 131.845817, 125.469714, 124.665033 ] }, { "date": "2025-06-20", "close": 130.509995, "volume": 837147, "typical_volume": 1204911.45, "trend": 125.120001, "fair_value": 58.046987, "relative_strength": 13.332554, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.416373, "energy": 28.600272, "activity_lines": [ 133.687999, 132.193089, 126.318285, 125.038989 ] }, { "date": "2025-06-27", "close": 141.630005, "volume": 1293418, "typical_volume": 1246740.5, "trend": 125.557667, "fair_value": 58.805834, "relative_strength": 19.363985, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.581893, "energy": 46.861755, "activity_lines": [ 136.322668, 134.218545, 128.212476, 126.104151 ] }, { "date": "2025-07-04", "close": 154.279999, "volume": 4389478, "typical_volume": 1445184.3, "trend": 126.530001, "fair_value": 59.643526, "relative_strength": 29.368987, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.809746, "energy": 57.654879, "activity_lines": [ 142.310667, 138.077636, 131.229857, 127.957204 ] }, { "date": "2025-07-11", "close": 145.770004, "volume": 1112462, "typical_volume": 1485178.55, "trend": 126.809667, "fair_value": 60.42859, "relative_strength": 22.319245, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.954391, "energy": 57.036906, "activity_lines": [ 144.328668, 140.09091, 133.25981, 129.198495 ] }, { "date": "2025-07-18", "close": 142.660004, "volume": 805024, "typical_volume": 1514236.95, "trend": 126.846001, "fair_value": 61.18859, "relative_strength": 19.228908, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.427502, "energy": 57.175067, "activity_lines": [ 144.866003, 141.279274, 134.817286, 130.221097 ] }, { "date": "2025-07-25", "close": 133.839996, "volume": 1382999, "typical_volume": 1491948.55, "trend": 127.026667, "fair_value": 61.894616, "relative_strength": 11.325236, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.272585, "energy": 38.468228, "activity_lines": [ 141.822667, 140.428364, 135.338333, 130.672323 ] }, { "date": "2025-08-01", "close": 125.68, "volume": 628652, "typical_volume": 1505665.15, "trend": 126.773334, "fair_value": 62.544808, "relative_strength": 4.918059, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.570562, "energy": 13.977877, "activity_lines": [ 135.837334, 138.064546, 134.96781, 130.585441 ] }, { "date": "2025-08-08", "close": 122.089996, "volume": 551355, "typical_volume": 1488868.65, "trend": 126.792, "fair_value": 63.175834, "relative_strength": 2.025284, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 10.137191, "energy": 16.303845, "activity_lines": [ 129.718665, 135.102545, 134.144142, 130.28329 ] }, { "date": "2025-08-15", "close": 127.370003, "volume": 1902088, "typical_volume": 1448786.0, "trend": 126.499667, "fair_value": 63.838462, "relative_strength": 4.458146, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.822279, "energy": 19.260698, "activity_lines": [ 127.506, 133.376728, 133.796619, 130.320581 ] }, { "date": "2025-08-22", "close": 125.290001, "volume": 1360274, "typical_volume": 1493212.8, "trend": 126.037334, "fair_value": 64.488077, "relative_strength": 1.154274, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.459135, "energy": 23.634857, "activity_lines": [ 125.826667, 131.486182, 133.211714, 130.242538 ] }, { "date": "2025-08-29", "close": 113.849998, "volume": 592024, "typical_volume": 1505036.05, "trend": 125.576, "fair_value": 65.066923, "relative_strength": -6.883047, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.049569, "energy": 40.227269, "activity_lines": [ 121.492, 127.656727, 131.506381, 129.456258 ] }, { "date": "2025-09-05", "close": 118.699997, "volume": 644032, "typical_volume": 1518765.8, "trend": 125.382667, "fair_value": 65.671731, "relative_strength": -4.674565, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.91098, "energy": 41.111921, "activity_lines": [ 120.106665, 125.011999, 130.252285, 129.012645 ] }, { "date": "2025-09-12", "close": 115.459999, "volume": 975410, "typical_volume": 1284002.95, "trend": 125.327333, "fair_value": 66.259295, "relative_strength": -9.085851, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.00515, "energy": 43.959051, "activity_lines": [ 118.106665, 122.19509, 128.676666, 128.372473 ] }, { "date": "2025-09-19", "close": 114.18, "volume": 2430975, "typical_volume": 1350531.4, "trend": 125.508333, "fair_value": 66.844744, "relative_strength": -11.276653, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.181399, "energy": 49.587604, "activity_lines": [ 116.121999, 119.851272, 127.085809, 127.65329 ] }, { "date": "2025-09-26", "close": 112.050003, "volume": 1224148, "typical_volume": 1377107.7, "trend": 125.863, "fair_value": 67.418462, "relative_strength": -10.983795, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.236718, "energy": 44.385605, "activity_lines": [ 114.306667, 117.694545, 125.374571, 126.785011 ] }, { "date": "2025-10-03", "close": 115.379997, "volume": 1531219, "typical_volume": 1377517.75, "trend": 126.048667, "fair_value": 68.011603, "relative_strength": -9.687742, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.479475, "energy": 40.369979, "activity_lines": [ 114.483999, 116.699818, 124.012143, 126.108688 ] }, { "date": "2025-10-10", "close": 114.019997, "volume": 1131375, "typical_volume": 1396595.55, "trend": 126.438667, "fair_value": 68.595385, "relative_strength": -12.418397, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.542944, "energy": 44.449568, "activity_lines": [ 114.105999, 115.793454, 122.600428, 125.332645 ] }, { "date": "2025-10-17", "close": 108.650002, "volume": 1032422, "typical_volume": 1379779.65, "trend": 126.177667, "fair_value": 69.138013, "relative_strength": -17.720057, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.582248, "energy": 46.332376, "activity_lines": [ 112.25, 114.122727, 120.747095, 124.184989 ] }, { "date": "2025-10-24", "close": 110.339996, "volume": 687082, "typical_volume": 1288436.4, "trend": 125.885, "fair_value": 69.692436, "relative_strength": -16.740851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.818486, "energy": 44.16018, "activity_lines": [ 111.411332, 113.003635, 119.191047, 123.163204 ] }, { "date": "2025-10-31", "close": 109.160004, "volume": 1552956, "typical_volume": 1303227.0, "trend": 125.563666, "fair_value": 70.241218, "relative_strength": -17.138804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.755041, "energy": 46.507005, "activity_lines": [ 110.435333, 111.979636, 117.659619, 122.084172 ] }, { "date": "2025-11-07", "close": 93.459999, "volume": 8933281, "typical_volume": 1708033.7, "trend": 124.958666, "fair_value": 70.692244, "relative_strength": -28.080832, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.349685, "energy": 68.267269, "activity_lines": [ 104.418667, 108.394363, 114.746714, 120.012967 ] }, { "date": "2025-11-14", "close": 92.18, "volume": 2096283, "typical_volume": 1748176.95, "trend": 124.165333, "fair_value": 71.139872, "relative_strength": -29.871127, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.047073, "energy": 79.336381, "activity_lines": [ 99.436667, 104.947091, 111.888333, 117.898215 ] }, { "date": "2025-11-21", "close": 86.199997, "volume": 1731426, "typical_volume": 1615274.35, "trend": 122.443333, "fair_value": 71.545, "relative_strength": -34.409973, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.683015, "energy": 86.749218, "activity_lines": [ 93.917332, 100.894727, 108.695904, 115.448838 ] }, { "date": "2025-11-28", "close": 87.989998, "volume": 2256925, "typical_volume": 1672497.5, "trend": 120.992999, "fair_value": 71.960641, "relative_strength": -32.888823, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.751265, "energy": 86.575454, "activity_lines": [ 90.491332, 97.699817, 105.998142, 113.226042 ] }, { "date": "2025-12-05", "close": 82.199997, "volume": 1499402, "typical_volume": 1707216.4, "trend": 119.776333, "fair_value": 72.323141, "relative_strength": -36.796438, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.248352, "energy": 89.637621, "activity_lines": [ 86.625331, 93.928362, 103.024094, 110.723268 ] }, { "date": "2025-12-12", "close": 90.989998, "volume": 3490030, "typical_volume": 1812567.95, "trend": 118.401666, "fair_value": 72.740385, "relative_strength": -29.099415, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.108944, "energy": 74.379229, "activity_lines": [ 87.486664, 92.297817, 101.175094, 108.866085 ] }, { "date": "2025-12-19", "close": 91.669998, "volume": 997387, "typical_volume": 1831004.7, "trend": 117.168, "fair_value": 73.177692, "relative_strength": -27.650023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.970062, "energy": 55.347257, "activity_lines": [ 88.739331, 91.234362, 99.594904, 107.141461 ] }, { "date": "2025-12-26", "close": 92.019997, "volume": 933754, "typical_volume": 1850124.65, "trend": 115.659333, "fair_value": 73.594487, "relative_strength": -27.050913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.810828, "energy": 49.435282, "activity_lines": [ 90.142664, 90.640907, 98.209999, 105.51901 ] }, { "date": "2026-01-02", "close": 99.139999, "volume": 3568811, "typical_volume": 1933460.8, "trend": 114.326999, "fair_value": 74.045705, "relative_strength": -21.7056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.256291, "energy": 31.462829, "activity_lines": [ 93.531331, 91.644362, 97.64638, 104.453246 ] }, { "date": "2026-01-09", "close": 84.779999, "volume": 2381464, "typical_volume": 1984520.3, "trend": 112.717999, "fair_value": 74.411282, "relative_strength": -30.842668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.484256, "energy": 36.423904, "activity_lines": [ 91.389998, 90.240544, 95.84957, 102.546988 ] }, { "date": "2026-01-16", "close": 89.239998, "volume": 14751831, "typical_volume": 2692510.65, "trend": 111.342333, "fair_value": 74.813782, "relative_strength": -26.527113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.924117, "energy": 31.615807, "activity_lines": [ 90.563332, 90.090907, 94.670427, 101.032278 ] }, { "date": "2026-01-23", "close": 80.620003, "volume": 1980241, "typical_volume": 2759321.1, "trend": 109.308666, "fair_value": 75.172244, "relative_strength": -31.12638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.627786, "energy": 44.570892, "activity_lines": [ 86.98, 88.450726, 92.787523, 99.050193 ] }, { "date": "2026-01-30", "close": 82.989998, "volume": 1455270, "typical_volume": 2783314.1, "trend": 106.932333, "fair_value": 75.551667, "relative_strength": -29.236005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.506175, "energy": 47.808542, "activity_lines": [ 84.923333, 87.451635, 91.311665, 97.352214 ] }, { "date": "2026-02-06", "close": 83.059998, "volume": 1168653, "typical_volume": 2720198.0, "trend": 104.841999, "fair_value": 75.928654, "relative_strength": -29.604941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.731076, "energy": 49.685431, "activity_lines": [ 83.491999, 86.523635, 89.997094, 95.812063 ] }, { "date": "2026-02-13", "close": 80.480003, "volume": 861611, "typical_volume": 2702071.15, "trend": 102.769332, "fair_value": 76.293269, "relative_strength": -30.629483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.249432, "energy": 55.518747, "activity_lines": [ 82.272667, 85.216181, 88.584999, 94.240322 ] }, { "date": "2026-02-20", "close": 78.839996, "volume": 705929, "typical_volume": 2660806.65, "trend": 100.935999, "fair_value": 76.6525, "relative_strength": -31.823527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.289975, "energy": 51.890872, "activity_lines": [ 80.793332, 83.641817, 87.167046, 92.696494 ] }, { "date": "2026-02-27", "close": 74.769997, "volume": 1140500, "typical_volume": 2661262.9, "trend": 99.238999, "fair_value": 76.990449, "relative_strength": -33.881072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.577017, "energy": 55.620524, "activity_lines": [ 78.650665, 81.548362, 85.535475, 91.008364 ] }, { "date": "2026-03-06", "close": 70.529999, "volume": 1019354, "typical_volume": 2660609.5, "trend": 97.520332, "fair_value": 77.304423, "relative_strength": -35.222534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.458088, "energy": 62.820801, "activity_lines": [ 75.484665, 78.991272, 83.686999, 89.156171 ] }, { "date": "2026-03-13", "close": 64.949997, "volume": 1893954, "typical_volume": 2720953.1, "trend": 95.439666, "fair_value": 77.599295, "relative_strength": -36.516116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.042664, "energy": 79.181025, "activity_lines": [ 71.289331, 75.810362, 81.488618, 87.054859 ] }, { "date": "2026-03-20", "close": 81.379997, "volume": 7889152, "typical_volume": 3037762.9, "trend": 93.975999, "fair_value": 77.998846, "relative_strength": -19.818961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.449687, "energy": 48.249417, "activity_lines": [ 73.777997, 76.238362, 81.071141, 86.147783 ] }, { "date": "2026-03-27", "close": 88.459999, "volume": 4359362, "typical_volume": 2809066.95, "trend": 93.129665, "fair_value": 78.443462, "relative_strength": -11.255087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.935146, "energy": 27.229808, "activity_lines": [ 78.566665, 78.015453, 81.460237, 85.791913 ] }, { "date": "2026-04-03", "close": 85.419998, "volume": 2928515, "typical_volume": 2850678.55, "trend": 92.020332, "fair_value": 78.863462, "relative_strength": -13.359154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.548768, "energy": 16.554461, "activity_lines": [ 81.700665, 79.253998, 81.583617, 85.294515 ] }, { "date": "2026-04-10", "close": 85.699997, "volume": 4197438, "typical_volume": 2973979.15, "trend": 91.028332, "fair_value": 79.287821, "relative_strength": -17.424207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.308676, "energy": 21.684288, "activity_lines": [ 84.217998, 80.45618, 81.765855, 84.886751 ] }, { "date": "2026-04-17", "close": 90.650002, "volume": 7272496, "typical_volume": 3224757.7, "trend": 90.243999, "fair_value": 79.744231, "relative_strength": -13.300618, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.390939, "energy": 18.517297, "activity_lines": [ 87.373999, 82.509089, 82.421903, 84.862343 ] }, { "date": "2026-04-24", "close": 87.93, "volume": 1715082, "typical_volume": 3235541.7, "trend": 89.439999, "fair_value": 80.181603, "relative_strength": -13.502454, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.016577, "energy": 16.499348, "activity_lines": [ 87.91, 83.929453, 82.806237, 84.713052 ] }, { "date": "2026-05-01", "close": 88.269997, "volume": 2015917, "typical_volume": 3161836.05, "trend": 88.536332, "fair_value": 80.628846, "relative_strength": -12.849592, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.029853, "energy": 14.302524, "activity_lines": [ 88.122666, 85.27618, 83.195665, 84.637568 ] }, { "date": "2026-05-08", "close": 107.519997, "volume": 13075667, "typical_volume": 3765750.05, "trend": 88.319665, "fair_value": 81.203974, "relative_strength": 5.6111, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 47.308058, "energy": 54.610742, "activity_lines": [ 94.764665, 89.951453, 85.431379, 85.862321 ] }, { "date": "2026-05-15", "close": 96.230003, "volume": 4574351, "typical_volume": 3947779.9, "trend": 87.905665, "fair_value": 81.70641, "relative_strength": -2.809779, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.044573, "energy": 48.113068, "activity_lines": [ 96.17, 91.978545, 86.51638, 86.372665 ] }, { "date": "2026-05-22", "close": 96.269997, "volume": 2194927, "typical_volume": 3879085.7, "trend": 87.436665, "fair_value": 82.2075, "relative_strength": -2.579546, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.96386, "energy": 47.380208, "activity_lines": [ 96.886665, 93.545635, 87.585142, 86.9123 ] }, { "date": "2026-05-29", "close": 98.349998, "volume": 1643048, "typical_volume": 3842164.9, "trend": 87.076332, "fair_value": 82.715192, "relative_strength": 0.888323, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 61.585474, "energy": 59.900044, "activity_lines": [ 97.921999, 94.921453, 88.865665, 87.616386 ] }, { "date": "2026-06-05", "close": 92.169998, "volume": 499877, "typical_volume": 3129567.2, "trend": 87.033332, "fair_value": 83.184231, "relative_strength": -3.996477, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.313904, "energy": 33.483491, "activity_lines": [ 96.202665, 94.86509, 89.492999, 87.945009 ] }, { "date": "2026-06-12", "close": 98.410004, "volume": 1202584, "typical_volume": 3090684.35, "trend": 87.240999, "fair_value": 83.695833, "relative_strength": 1.972083, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.829865, "energy": 33.033599, "activity_lines": [ 96.303334, 95.875818, 90.700666, 88.678988 ] }, { "date": "2026-06-19", "close": 113.739998, "volume": 6446037, "typical_volume": 3340222.7, "trend": 88.158999, "fair_value": 84.307628, "relative_strength": 16.193706, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.362317, "energy": 57.761648, "activity_lines": [ 102.121333, 99.437636, 93.283618, 90.388601 ] }, { "date": "2026-06-26", "close": 108.25, "volume": 0, "typical_volume": 3281790.05, "trend": 88.834332, "fair_value": 84.885192, "relative_strength": 10.924088, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.339646, "energy": 64.615663, "activity_lines": [ 104.942, 101.491454, 95.197285, 91.684795 ] }, { "date": "2026-07-03", "close": 116.389999, "volume": 1046508, "typical_volume": 3291034.9, "trend": 89.973999, "fair_value": 85.515256, "relative_strength": 18.921982, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.294149, "energy": 80.586387, "activity_lines": [ 109.677333, 104.705272, 97.766237, 93.46258 ] }, { "date": "2026-07-10", "close": 106.519997, "volume": 3006393, "typical_volume": 3406058.1, "trend": 90.491665, "fair_value": 86.066987, "relative_strength": 9.855981, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.984768, "energy": 73.237634, "activity_lines": [ 109.919999, 105.60709, 99.224189, 94.530063 ] }, { "date": "2026-07-17", "close": 110.860001, "volume": 3953883, "typical_volume": 3546727.25, "trend": 91.131332, "fair_value": 86.656154, "relative_strength": 14.369118, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.181561, "energy": 62.883368, "activity_lines": [ 110.652666, 106.966181, 100.963666, 95.84415 ] }, { "date": "2026-07-24", "close": 104.110001, "volume": 2160101, "typical_volume": 3603764.6, "trend": 91.534332, "fair_value": 87.202692, "relative_strength": 10.50503, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.990123, "energy": 42.300326, "activity_lines": [ 108.305333, 107.037272, 101.888428, 96.681483 ] }, { "date": "2026-07-31", "close": 107.599998, "volume": 2866198, "typical_volume": 3652376.8, "trend": 91.816332, "fair_value": 87.772564, "relative_strength": 11.704602, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.891983, "energy": 33.21337, "activity_lines": [ 107.763333, 107.599636, 102.985666, 97.717978 ] }, { "date": "2026-08-07", "close": 99.279999, "volume": 2365174, "typical_volume": 3376177.9, "trend": 92.299666, "fair_value": 88.289744, "relative_strength": 2.76818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.134941, "energy": 22.376711, "activity_lines": [ 104.491333, 106.443272, 103.087428, 98.199504 ] } ], "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." } } }