{ "ticker": { "uuid": "8331dc58-e23e-47cd-a14c-e3f207523b9c", "symbol": "SAKSOFT", "name": "Saksoft 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": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "up", "architecture_direction": 57.192, "architecture_energy": 42.188, "architecture_maturity": 19.243, "architecture_confidence": 69.873, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 31.8, "rotation_up": 54.25, "upward_expansion": 76.54, "deceleration": 60.86, "rotation_down": 17.83, "downward_expansion": 5.54 }, "activity_lines": [ 168.875419, 166.525837, 156.960123, 151.821657 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 165.050003, "trend_reference": 150.296016, "distance_from_trend": 0.098166, "trend_direction": "Weakening", "fair_value": 206.747282, "distance_from_fair_value": -0.201682, "fair_value_direction": "Improving", "relative_strength": -2.73951, "relative_strength_direction": "Improving", "price_momentum": 0.016067, "excess_performance": 0.059777, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.098166, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.075669, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.201682, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.100025, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.027395, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.136031, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.016067, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.425173, "read": "Demand-led" } ], "volume": { "latest": 4093012, "relative_activity": 0.900503, "balance": 1.425173, "dry_up": 1.734323, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.101777, "annualized_volatility": 0.443923, "from_high_reference": -0.279788, "from_low_reference": 0.534065 }, "levels": { "trend_reference": 150.296016, "fair_value_reference": 206.747282, "structural_low": 107.589996, "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": 4, "median_return": 0.021436, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.002248, "regime_survival": 0.5, "best_return": 0.1983, "worst_return": -0.123326, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.070696, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.05762, "regime_survival": 0.0, "best_return": 0.075002, "worst_return": 0.066389, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.214477, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.177812, "regime_survival": 0.0, "best_return": 0.428492, "worst_return": 0.000462, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.9573, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.917528, "regime_survival": 0.0, "best_return": 2.182377, "worst_return": -0.267776, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-21", "end": "2024-09-13", "tenure": "Established", "return": 0.236717, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-20", "end": "2024-10-25", "tenure": "Developing", "return": -0.21673, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-01", "end": "2024-11-15", "tenure": "New", "return": -0.12147, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-11-29", "tenure": "New", "return": 0.128599, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-06", "end": "2025-01-03", "tenure": "Developing", "return": -0.075282, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2025-05-30", "tenure": "Established", "return": -0.010647, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-18", "tenure": "Developing", "return": 0.201252, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-08-15", "tenure": "New", "return": -0.055246, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-10-24", "tenure": "Developing", "return": -0.122699, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-31", "end": "2025-11-21", "tenure": "New", "return": 0.088124, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2026-01-16", "tenure": "Developing", "return": -0.079759, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-23", "end": "2026-05-29", "tenure": "Established", "return": -0.142096, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-07-03", "tenure": "Developing", "return": 0.245491, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": -0.031952, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 272.874054, "volume": 3618562, "typical_volume": 3912226.45, "trend": 175.902145, "fair_value": 82.209158, "relative_strength": 86.286368, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.832913, "energy": 59.653225, "activity_lines": [ 255.864563, 252.576985, 232.108636, 207.300435 ] }, { "date": "2023-08-25", "close": 257.326569, "volume": 1718157, "typical_volume": 3913320.85, "trend": 180.867947, "fair_value": 83.720259, "relative_strength": 72.271258, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.546752, "energy": 53.33639, "activity_lines": [ 257.630909, 253.806959, 236.929106, 212.553623 ] }, { "date": "2023-09-01", "close": 252.686096, "volume": 1123822, "typical_volume": 3759771.2, "trend": 185.490225, "fair_value": 85.209298, "relative_strength": 64.250256, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.961691, "energy": 51.501126, "activity_lines": [ 257.313341, 254.048173, 240.657464, 217.187052 ] }, { "date": "2023-09-08", "close": 263.672455, "volume": 2345270, "typical_volume": 3609943.75, "trend": 190.444381, "fair_value": 86.756899, "relative_strength": 64.649424, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.683272, "energy": 52.322453, "activity_lines": [ 259.904581, 256.166454, 244.826902, 222.231067 ] }, { "date": "2023-09-15", "close": 267.043732, "volume": 1949479, "typical_volume": 2931209.85, "trend": 195.376215, "fair_value": 88.278584, "relative_strength": 60.687306, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.436192, "energy": 51.373093, "activity_lines": [ 262.366264, 258.546517, 248.763429, 227.172961 ] }, { "date": "2023-09-22", "close": 260.618469, "volume": 607493, "typical_volume": 2802548.3, "trend": 200.298561, "fair_value": 89.753162, "relative_strength": 58.088435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.28971, "energy": 47.14928, "activity_lines": [ 261.66556, 259.448881, 251.571943, 231.382138 ] }, { "date": "2023-09-29", "close": 259.071655, "volume": 517767, "typical_volume": 2644882.0, "trend": 205.125768, "fair_value": 91.234039, "relative_strength": 54.436689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.328821, "energy": 45.238889, "activity_lines": [ 261.26629, 259.980364, 253.678607, 235.173951 ] }, { "date": "2023-10-06", "close": 271.009918, "volume": 866455, "typical_volume": 2422412.0, "trend": 210.316582, "fair_value": 92.786893, "relative_strength": 58.205253, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.625173, "energy": 48.781214, "activity_lines": [ 264.730102, 262.504233, 256.410735, 239.424541 ] }, { "date": "2023-10-13", "close": 281.916962, "volume": 1625186, "typical_volume": 2203413.25, "trend": 215.886812, "fair_value": 94.405735, "relative_strength": 60.275702, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.254469, "energy": 51.573926, "activity_lines": [ 270.608008, 266.472591, 259.703631, 244.043921 ] }, { "date": "2023-10-20", "close": 302.898132, "volume": 1808354, "typical_volume": 2180212.25, "trend": 222.17226, "fair_value": 96.163796, "relative_strength": 69.89563, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.500771, "energy": 58.805662, "activity_lines": [ 282.263336, 273.582176, 264.541392, 249.657554 ] }, { "date": "2023-10-27", "close": 277.514496, "volume": 1341284, "typical_volume": 1930181.4, "trend": 227.599702, "fair_value": 97.769239, "relative_strength": 56.402204, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.704029, "energy": 47.88448, "activity_lines": [ 283.067159, 275.146302, 266.487455, 253.228021 ] }, { "date": "2023-11-03", "close": 294.68811, "volume": 1271314, "typical_volume": 1671182.75, "trend": 233.396231, "fair_value": 99.487356, "relative_strength": 60.850365, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.063344, "energy": 50.795309, "activity_lines": [ 288.469118, 279.748531, 269.794058, 257.556305 ] }, { "date": "2023-11-10", "close": 274.698486, "volume": 1223601, "typical_volume": 1558793.9, "trend": 238.36665, "fair_value": 101.084124, "relative_strength": 45.734323, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.68022, "energy": 40.659743, "activity_lines": [ 284.833439, 280.036983, 270.980989, 260.220967 ] }, { "date": "2023-11-17", "close": 283.539612, "volume": 300816, "typical_volume": 1492311.4, "trend": 242.906782, "fair_value": 102.741617, "relative_strength": 45.32172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.715205, "energy": 33.915626, "activity_lines": [ 283.898897, 281.532686, 272.873564, 263.135352 ] }, { "date": "2023-11-24", "close": 277.186646, "volume": 328638, "typical_volume": 1371157.55, "trend": 246.857467, "fair_value": 104.359413, "relative_strength": 39.095133, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.171619, "energy": 26.344979, "activity_lines": [ 280.738523, 281.512084, 273.974514, 265.346956 ] }, { "date": "2023-12-01", "close": 265.116028, "volume": 354300, "typical_volume": 1291893.15, "trend": 250.889125, "fair_value": 105.891512, "relative_strength": 27.957492, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.208809, "energy": 14.998087, "activity_lines": [ 275.268709, 279.112408, 273.79653, 266.524928 ] }, { "date": "2023-12-08", "close": 257.611633, "volume": 625434, "typical_volume": 1251786.8, "trend": 254.42105, "fair_value": 107.379566, "relative_strength": 18.58366, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.642591, "energy": 12.362768, "activity_lines": [ 268.123995, 275.266522, 272.858948, 266.958638 ] }, { "date": "2023-12-15", "close": 251.298416, "volume": 1043306, "typical_volume": 1251315.05, "trend": 257.109982, "fair_value": 108.813339, "relative_strength": 11.733384, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.875398, "energy": 13.14774, "activity_lines": [ 261.34664, 270.299325, 271.280385, 266.757178 ] }, { "date": "2023-12-22", "close": 256.301361, "volume": 1063997, "typical_volume": 1245405.0, "trend": 259.429529, "fair_value": 110.26645, "relative_strength": 13.020395, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.092734, "energy": 20.646679, "activity_lines": [ 257.796938, 266.600145, 270.131094, 266.705008 ] }, { "date": "2023-12-29", "close": 254.077835, "volume": 293234, "typical_volume": 1201323.45, "trend": 261.121641, "fair_value": 111.700545, "relative_strength": 8.824419, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.571089, "energy": 23.480803, "activity_lines": [ 255.321944, 262.962425, 268.715616, 266.359738 ] }, { "date": "2024-01-05", "close": 256.380768, "volume": 435722, "typical_volume": 1042181.45, "trend": 262.342482, "fair_value": 113.146243, "relative_strength": 8.751476, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.068125, "energy": 26.290665, "activity_lines": [ 255.155182, 260.631062, 267.508305, 266.053875 ] }, { "date": "2024-01-12", "close": 265.791046, "volume": 553068, "typical_volume": 983927.0, "trend": 262.890536, "fair_value": 114.664622, "relative_strength": 10.601013, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.858858, "energy": 12.705166, "activity_lines": [ 258.70753, 260.394909, 267.27575, 266.276363 ] }, { "date": "2024-01-19", "close": 253.998413, "volume": 768371, "typical_volume": 966154.45, "trend": 263.155109, "fair_value": 116.116831, "relative_strength": 5.988673, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.835504, "energy": 13.199237, "activity_lines": [ 257.783706, 258.540042, 265.879781, 265.702678 ] }, { "date": "2024-01-26", "close": 250.186646, "volume": 224702, "typical_volume": 860126.05, "trend": 263.349407, "fair_value": 117.541122, "relative_strength": 4.706714, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.584413, "energy": 19.039019, "activity_lines": [ 255.409293, 256.368491, 264.114537, 264.866003 ] }, { "date": "2024-02-02", "close": 242.563126, "volume": 445031, "typical_volume": 784903.65, "trend": 263.100747, "fair_value": 118.933263, "relative_strength": -1.608995, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.57337, "energy": 33.480991, "activity_lines": [ 250.901354, 253.417263, 261.687461, 263.524952 ] }, { "date": "2024-02-09", "close": 226.402847, "volume": 795366, "typical_volume": 794297.3, "trend": 262.12457, "fair_value": 120.208577, "relative_strength": -8.479894, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.019621, "energy": 71.177681, "activity_lines": [ 241.774303, 248.157321, 257.837886, 261.157346 ] }, { "date": "2024-02-16", "close": 226.442535, "volume": 1048753, "typical_volume": 820846.6, "trend": 261.363647, "fair_value": 121.488031, "relative_strength": -10.08992, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.130831, "energy": 74.285703, "activity_lines": [ 234.65901, 243.608471, 254.155022, 258.855279 ] }, { "date": "2024-02-23", "close": 221.677841, "volume": 748951, "typical_volume": 814971.4, "trend": 260.706695, "fair_value": 122.734436, "relative_strength": -13.176632, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.198673, "energy": 78.007454, "activity_lines": [ 228.578719, 238.760024, 250.173754, 256.294904 ] }, { "date": "2024-03-01", "close": 215.72197, "volume": 515083, "typical_volume": 759466.25, "trend": 259.735003, "fair_value": 123.945094, "relative_strength": -16.428341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.65875, "energy": 81.672142, "activity_lines": [ 222.667843, 233.367248, 245.860175, 253.392664 ] }, { "date": "2024-03-08", "close": 189.7146, "volume": 1153073, "typical_volume": 726702.2, "trend": 257.667682, "fair_value": 124.97693, "relative_strength": -27.229144, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.019983, "energy": 90.281063, "activity_lines": [ 210.385488, 223.983665, 239.384919, 248.875219 ] }, { "date": "2024-03-15", "close": 191.144028, "volume": 1057177, "typical_volume": 712496.85, "trend": 254.943348, "fair_value": 126.017103, "relative_strength": -25.358849, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.74993, "energy": 88.520256, "activity_lines": [ 202.102844, 216.03022, 233.584767, 244.58337 ] }, { "date": "2024-03-22", "close": 203.691086, "volume": 1208862, "typical_volume": 709374.25, "trend": 253.155498, "fair_value": 127.145827, "relative_strength": -21.046106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.402048, "energy": 78.413107, "activity_lines": [ 200.353142, 211.54418, 229.390861, 241.276773 ] }, { "date": "2024-03-29", "close": 203.333725, "volume": 1091426, "typical_volume": 702765.5, "trend": 251.510419, "fair_value": 128.264465, "relative_strength": -22.317004, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.479535, "energy": 65.628246, "activity_lines": [ 200.001082, 208.122255, 225.59624, 238.062465 ] }, { "date": "2024-04-05", "close": 241.133698, "volume": 2900268, "typical_volume": 832738.1, "trend": 250.759127, "fair_value": 129.598915, "relative_strength": -9.212925, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.364857, "energy": 33.590869, "activity_lines": [ 213.471954, 212.49423, 225.741449, 237.392999 ] }, { "date": "2024-04-12", "close": 235.336655, "volume": 1596510, "typical_volume": 896131.7, "trend": 249.702225, "fair_value": 130.868984, "relative_strength": -11.907059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.036994, "energy": 21.032768, "activity_lines": [ 223.316363, 215.976795, 225.536491, 236.398001 ] }, { "date": "2024-04-19", "close": 222.8293, "volume": 1042449, "typical_volume": 930539.15, "trend": 248.442586, "fair_value": 132.056798, "relative_strength": -15.419642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.678968, "energy": 22.864144, "activity_lines": [ 225.950183, 217.316686, 224.339642, 234.664263 ] }, { "date": "2024-04-26", "close": 225.410202, "volume": 881906, "typical_volume": 943362.75, "trend": 247.320537, "fair_value": 133.265291, "relative_strength": -15.654935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.895374, "energy": 23.371928, "activity_lines": [ 227.331953, 219.190806, 223.589959, 233.178303 ] }, { "date": "2024-05-03", "close": 220.764603, "volume": 508023, "typical_volume": 916598.6, "trend": 245.645694, "fair_value": 134.426032, "relative_strength": -17.843067, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.033637, "energy": 17.062087, "activity_lines": [ 225.717249, 220.239041, 222.551177, 231.465017 ] }, { "date": "2024-05-10", "close": 202.817551, "volume": 950199, "typical_volume": 910908.7, "trend": 243.009046, "fair_value": 135.473283, "relative_strength": -23.195552, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.229044, "energy": 30.004136, "activity_lines": [ 216.958135, 218.04078, 219.948552, 228.701911 ] }, { "date": "2024-05-17", "close": 219.374908, "volume": 911004, "typical_volume": 941797.2, "trend": 240.224939, "fair_value": 136.630355, "relative_strength": -18.496112, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.798488, "energy": 26.617539, "activity_lines": [ 216.27255, 219.087573, 219.177503, 227.177128 ] }, { "date": "2024-05-24", "close": 212.7043, "volume": 552943, "typical_volume": 947658.25, "trend": 238.064599, "fair_value": 137.756774, "relative_strength": -22.561715, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.902161, "energy": 27.107596, "activity_lines": [ 214.427546, 218.38225, 217.93641, 225.401603 ] }, { "date": "2024-05-31", "close": 193.566086, "volume": 1214866, "typical_volume": 980748.15, "trend": 234.693865, "fair_value": 138.754746, "relative_strength": -27.920036, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.232251, "energy": 49.652959, "activity_lines": [ 206.878137, 213.805247, 215.080613, 222.530731 ] }, { "date": "2024-06-07", "close": 205.914612, "volume": 1370881, "typical_volume": 1010873.65, "trend": 232.401069, "fair_value": 139.829445, "relative_strength": -25.461637, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.079805, "energy": 40.219333, "activity_lines": [ 205.567845, 211.657522, 213.744795, 220.674005 ] }, { "date": "2024-06-14", "close": 231.072235, "volume": 7831970, "typical_volume": 1391237.05, "trend": 230.652157, "fair_value": 141.06912, "relative_strength": -16.520456, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.098477, "energy": 20.396361, "activity_lines": [ 213.633426, 214.036984, 215.033911, 220.588274 ] }, { "date": "2024-06-21", "close": 231.961655, "volume": 3387346, "typical_volume": 1538352.8, "trend": 229.144657, "fair_value": 142.313218, "relative_strength": -15.871414, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.014198, "energy": 4.776613, "activity_lines": [ 220.111835, 216.761095, 216.498755, 220.672758 ] }, { "date": "2024-06-28", "close": 222.432266, "volume": 1217821, "typical_volume": 1559475.55, "trend": 227.721865, "fair_value": 143.41795, "relative_strength": -20.587697, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.72971, "energy": 13.303241, "activity_lines": [ 222.574664, 217.813953, 217.106521, 220.2397 ] }, { "date": "2024-07-05", "close": 226.08519, "volume": 1218852, "typical_volume": 1567980.5, "trend": 226.670983, "fair_value": 144.552164, "relative_strength": -19.842243, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.301744, "energy": 16.700679, "activity_lines": [ 225.606604, 219.538198, 218.081092, 220.134108 ] }, { "date": "2024-07-12", "close": 244.985184, "volume": 4192472, "typical_volume": 1740156.55, "trend": 226.460542, "fair_value": 145.778782, "relative_strength": -13.332047, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.111388, "energy": 39.49741, "activity_lines": [ 232.770602, 224.686534, 220.857364, 221.31567 ] }, { "date": "2024-07-19", "close": 233.549896, "volume": 3545695, "typical_volume": 1891687.15, "trend": 225.70216, "fair_value": 146.933802, "relative_strength": -17.04512, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.35179, "energy": 38.41376, "activity_lines": [ 233.518132, 227.315351, 222.433574, 221.773047 ] }, { "date": "2024-07-26", "close": 235.138123, "volume": 1226807, "typical_volume": 1895373.85, "trend": 225.070837, "fair_value": 148.108721, "relative_strength": -17.111686, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.268477, "energy": 37.809116, "activity_lines": [ 234.629893, 229.674168, 224.076149, 222.381819 ] }, { "date": "2024-08-02", "close": 231.763031, "volume": 1140505, "typical_volume": 1899540.25, "trend": 224.250245, "fair_value": 149.263817, "relative_strength": -17.473757, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.736802, "energy": 29.900741, "activity_lines": [ 234.40486, 231.132727, 225.180983, 222.813573 ] }, { "date": "2024-08-09", "close": 231.246124, "volume": 5286521, "typical_volume": 2103423.2, "trend": 223.098748, "fair_value": 150.404605, "relative_strength": -15.98137, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.660651, "energy": 26.178547, "activity_lines": [ 233.385473, 232.150781, 226.043165, 223.26492 ] }, { "date": "2024-08-16", "close": 225.123032, "volume": 656167, "typical_volume": 2081660.25, "trend": 222.136235, "fair_value": 151.449837, "relative_strength": -18.093453, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 36.703306, "energy": 18.14213, "activity_lines": [ 229.980993, 231.370454, 226.190981, 223.395519 ] }, { "date": "2024-08-23", "close": 227.627945, "volume": 685437, "typical_volume": 1970918.7, "trend": 221.384278, "fair_value": 152.472356, "relative_strength": -17.530069, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 33.260568, "energy": 14.88008, "activity_lines": [ 228.735627, 230.696321, 226.473601, 223.749823 ] }, { "date": "2024-08-30", "close": 232.200394, "volume": 1633189, "typical_volume": 1972752.65, "trend": 221.038854, "fair_value": 153.52655, "relative_strength": -16.701933, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 34.600892, "energy": 15.425101, "activity_lines": [ 229.409208, 230.916166, 227.256006, 224.447637 ] }, { "date": "2024-09-06", "close": 255.857788, "volume": 4008274, "typical_volume": 2121043.9, "trend": 222.020685, "fair_value": 154.71355, "relative_strength": -6.307275, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 65.969349, "energy": 38.455278, "activity_lines": [ 238.164436, 235.433015, 230.30643, 226.69402 ] }, { "date": "2024-09-13", "close": 286.87085, "volume": 14738215, "typical_volume": 2813859.35, "trend": 224.034963, "fair_value": 156.077564, "relative_strength": 3.305541, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 82.773586, "energy": 73.576554, "activity_lines": [ 255.651034, 244.980866, 236.153201, 230.877902 ] }, { "date": "2024-09-20", "close": 274.495422, "volume": 6486956, "typical_volume": 3112806.0, "trend": 225.795549, "fair_value": 157.28906, "relative_strength": -2.369755, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.139417, "energy": 75.347201, "activity_lines": [ 265.304174, 251.173445, 240.52869, 234.133415 ] }, { "date": "2024-09-27", "close": 280.807373, "volume": 2471951, "typical_volume": 3188893.6, "trend": 227.965062, "fair_value": 158.551862, "relative_strength": -1.175177, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.442542, "energy": 78.566693, "activity_lines": [ 273.769805, 257.977102, 245.249456, 237.682565 ] }, { "date": "2024-10-04", "close": 249.545822, "volume": 1372690, "typical_volume": 3211977.9, "trend": 229.959436, "fair_value": 159.615929, "relative_strength": -7.463997, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.789082, "energy": 65.239147, "activity_lines": [ 268.269624, 258.237614, 246.621551, 239.074872 ] }, { "date": "2024-10-11", "close": 246.365021, "volume": 1649913, "typical_volume": 3266826.4, "trend": 231.800136, "fair_value": 160.64748, "relative_strength": -7.734274, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.02775, "energy": 36.201151, "activity_lines": [ 260.552814, 257.65784, 247.547042, 240.133297 ] }, { "date": "2024-10-18", "close": 234.436905, "volume": 744407, "typical_volume": 3243303.45, "trend": 232.824997, "fair_value": 161.653919, "relative_strength": -10.839625, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.814315, "energy": 15.385967, "activity_lines": [ 249.492816, 254.643827, 247.176233, 240.303411 ] }, { "date": "2024-10-25", "close": 215.004028, "volume": 1069498, "typical_volume": 3228234.3, "trend": 233.214007, "fair_value": 162.57179, "relative_strength": -15.077063, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 4.678414, "energy": 17.880754, "activity_lines": [ 235.450789, 248.038549, 244.760051, 239.153671 ] }, { "date": "2024-11-01", "close": 236.902039, "volume": 626415, "typical_volume": 2867956.55, "trend": 233.072951, "fair_value": 163.623492, "relative_strength": -5.939954, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.045257, "energy": 16.464407, "activity_lines": [ 232.674192, 245.59871, 244.38611, 239.391609 ] }, { "date": "2024-11-08", "close": 234.208267, "volume": 1581225, "typical_volume": 2777650.5, "trend": 233.035338, "fair_value": 164.692117, "relative_strength": -5.630199, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.691438, "energy": 20.662376, "activity_lines": [ 231.926694, 242.500474, 243.727859, 239.464855 ] }, { "date": "2024-11-15", "close": 208.125488, "volume": 936381, "typical_volume": 2763578.5, "trend": 232.545211, "fair_value": 165.534725, "relative_strength": -13.047363, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.226502, "energy": 32.046945, "activity_lines": [ 223.507439, 234.623408, 240.574835, 237.857768 ] }, { "date": "2024-11-22", "close": 209.631592, "volume": 516245, "typical_volume": 2728448.15, "trend": 232.019258, "fair_value": 166.372124, "relative_strength": -12.928511, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.996183, "energy": 35.799385, "activity_lines": [ 218.139521, 227.888039, 237.633378, 236.37947 ] }, { "date": "2024-11-29", "close": 236.58992, "volume": 1194772, "typical_volume": 2578563.15, "trend": 232.546768, "fair_value": 167.394597, "relative_strength": -2.029886, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.788862, "energy": 18.445482, "activity_lines": [ 223.4114, 227.458534, 237.337731, 236.674351 ] }, { "date": "2024-12-06", "close": 235.205627, "volume": 776203, "typical_volume": 2440088.55, "trend": 233.626371, "fair_value": 168.411376, "relative_strength": -4.254083, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.161902, "energy": 15.027199, "activity_lines": [ 226.782789, 227.466531, 236.950223, 236.845891 ] }, { "date": "2024-12-13", "close": 233.990692, "volume": 1071094, "typical_volume": 2432302.9, "trend": 234.113564, "fair_value": 169.428241, "relative_strength": -4.679646, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.544292, "energy": 7.54325, "activity_lines": [ 229.862293, 228.082753, 236.439124, 236.869395 ] }, { "date": "2024-12-20", "close": 216.821808, "volume": 564287, "typical_volume": 2403492.0, "trend": 234.250814, "fair_value": 170.349384, "relative_strength": -6.743061, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -18.369506, "energy": 11.042082, "activity_lines": [ 227.233341, 225.86018, 234.298356, 235.753798 ] }, { "date": "2024-12-27", "close": 215.029236, "volume": 382589, "typical_volume": 2158295.4, "trend": 234.966252, "fair_value": 171.230089, "relative_strength": -7.913153, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.575503, "energy": 29.291818, "activity_lines": [ 223.427111, 223.848834, 232.058016, 234.513696 ] }, { "date": "2025-01-03", "close": 217.498993, "volume": 477659, "typical_volume": 2149370.0, "trend": 235.352398, "fair_value": 172.125465, "relative_strength": -7.097231, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.794979, "energy": 43.706995, "activity_lines": [ 220.08429, 222.639402, 230.130114, 233.386776 ] }, { "date": "2025-01-10", "close": 202.969177, "volume": 611435, "typical_volume": 2145669.9, "trend": 234.41563, "fair_value": 172.886062, "relative_strength": -10.56929, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.977051, "energy": 62.251852, "activity_lines": [ 213.170925, 218.742822, 226.854725, 231.297536 ] }, { "date": "2025-01-17", "close": 200.977432, "volume": 605290, "typical_volume": 2094274.95, "trend": 233.382822, "fair_value": 173.654837, "relative_strength": -10.024415, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.494508, "energy": 66.586855, "activity_lines": [ 207.742742, 215.101068, 223.507069, 229.140233 ] }, { "date": "2025-01-24", "close": 202.202347, "volume": 479666, "typical_volume": 1917844.55, "trend": 232.708492, "fair_value": 174.4781, "relative_strength": -8.499741, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.323473, "energy": 68.177636, "activity_lines": [ 204.923748, 212.286223, 220.424752, 227.12859 ] }, { "date": "2025-01-31", "close": 196.037903, "volume": 541323, "typical_volume": 1207999.95, "trend": 231.706915, "fair_value": 175.211123, "relative_strength": -12.373773, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.344324, "energy": 71.359006, "activity_lines": [ 201.02457, 208.458263, 217.010847, 224.762745 ] }, { "date": "2025-02-07", "close": 198.696884, "volume": 978159, "typical_volume": 932560.1, "trend": 230.163972, "fair_value": 176.008005, "relative_strength": -11.027155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.882742, "energy": 62.59097, "activity_lines": [ 199.277808, 205.360912, 214.282717, 222.633066 ] }, { "date": "2025-02-14", "close": 185.870026, "volume": 521213, "typical_volume": 835023.2, "trend": 228.574643, "fair_value": 176.737653, "relative_strength": -14.103722, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.150296, "energy": 67.856652, "activity_lines": [ 194.5089, 200.62037, 210.693926, 219.775392 ] }, { "date": "2025-02-21", "close": 178.191818, "volume": 597751, "typical_volume": 796276.25, "trend": 226.676433, "fair_value": 177.453691, "relative_strength": -16.803655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.020611, "energy": 72.821757, "activity_lines": [ 188.320533, 195.3808, 206.82596, 216.524887 ] }, { "date": "2025-02-28", "close": 167.057938, "volume": 485646, "typical_volume": 738062.9, "trend": 224.519596, "fair_value": 178.079783, "relative_strength": -19.287807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.736119, "energy": 85.208243, "activity_lines": [ 179.939914, 189.131414, 202.237406, 212.678532 ] }, { "date": "2025-03-07", "close": 161.809692, "volume": 959766, "typical_volume": 748830.85, "trend": 222.205049, "fair_value": 178.646416, "relative_strength": -23.107317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.749085, "energy": 88.901852, "activity_lines": [ 172.15284, 182.832599, 197.526671, 208.632732 ] }, { "date": "2025-03-14", "close": 151.890778, "volume": 668032, "typical_volume": 728757.55, "trend": 219.763973, "fair_value": 179.149997, "relative_strength": -27.035004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.107601, "energy": 92.299889, "activity_lines": [ 163.341342, 175.697973, 192.217122, 204.096328 ] }, { "date": "2025-03-21", "close": 162.148285, "volume": 2239139, "typical_volume": 809393.75, "trend": 217.581318, "fair_value": 179.712945, "relative_strength": -24.934029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.342472, "energy": 85.466492, "activity_lines": [ 161.06942, 171.621225, 188.185017, 200.379186 ] }, { "date": "2025-03-28", "close": 146.503098, "volume": 1466496, "typical_volume": 803657.3, "trend": 214.724742, "fair_value": 180.194103, "relative_strength": -32.258814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.697647, "energy": 84.319562, "activity_lines": [ 155.163886, 165.442095, 183.018865, 195.793495 ] }, { "date": "2025-04-04", "close": 148.554596, "volume": 933837, "typical_volume": 803530.1, "trend": 211.147969, "fair_value": 180.669811, "relative_strength": -28.837414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.839177, "energy": 74.425598, "activity_lines": [ 152.054765, 160.626408, 178.465737, 191.524453 ] }, { "date": "2025-04-11", "close": 144.640808, "volume": 819092, "typical_volume": 818672.45, "trend": 206.406967, "fair_value": 181.137163, "relative_strength": -29.873083, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.083642, "energy": 65.533205, "activity_lines": [ 148.874604, 156.074536, 173.823539, 187.233669 ] }, { "date": "2025-04-18", "close": 158.632843, "volume": 514090, "typical_volume": 784638.35, "trend": 202.544881, "fair_value": 181.712933, "relative_strength": -25.85001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.826776, "energy": 57.976452, "activity_lines": [ 151.503048, 155.001164, 170.823395, 184.151467 ] }, { "date": "2025-04-25", "close": 158.961487, "volume": 936015, "typical_volume": 792628.95, "trend": 198.483352, "fair_value": 182.32122, "relative_strength": -25.728534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.060235, "energy": 50.185848, "activity_lines": [ 153.791568, 154.715982, 168.225775, 181.339635 ] }, { "date": "2025-05-02", "close": 154.310745, "volume": 518911, "typical_volume": 765019.8, "trend": 195.308849, "fair_value": 182.917259, "relative_strength": -28.27184, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.250748, "energy": 42.581892, "activity_lines": [ 154.742294, 154.074456, 165.548294, 178.48979 ] }, { "date": "2025-05-09", "close": 148.853363, "volume": 563607, "typical_volume": 764985.8, "trend": 192.05846, "fair_value": 183.513393, "relative_strength": -29.371973, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.40674, "energy": 40.421461, "activity_lines": [ 153.353383, 152.874881, 162.730491, 175.492661 ] }, { "date": "2025-05-16", "close": 181.089828, "volume": 2603028, "typical_volume": 876007.75, "trend": 190.280225, "fair_value": 184.272714, "relative_strength": -17.092219, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.388094, "energy": 19.82219, "activity_lines": [ 162.690043, 157.867473, 163.306487, 174.785008 ] }, { "date": "2025-05-23", "close": 176.648224, "volume": 904064, "typical_volume": 897328.0, "trend": 189.001698, "fair_value": 184.999954, "relative_strength": -18.194599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.802467, "energy": 18.752808, "activity_lines": [ 168.116233, 161.701954, 163.621089, 173.905524 ] }, { "date": "2025-05-30", "close": 200.808136, "volume": 8053093, "typical_volume": 1269410.9, "trend": 187.798568, "fair_value": 185.819984, "relative_strength": -6.522371, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 16.612497, "energy": 26.139307, "activity_lines": [ 180.394702, 169.47901, 166.431163, 174.66723 ] }, { "date": "2025-06-06", "close": 195.609665, "volume": 1387605, "typical_volume": 1308526.65, "trend": 186.511948, "fair_value": 186.608912, "relative_strength": -9.657584, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.082368, "energy": 39.454004, "activity_lines": [ 188.150571, 175.607983, 168.756434, 175.171171 ] }, { "date": "2025-06-13", "close": 201.276199, "volume": 2061650, "typical_volume": 1387625.85, "trend": 186.283638, "fair_value": 187.491096, "relative_strength": -5.613467, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.259358, "energy": 52.414496, "activity_lines": [ 195.042023, 181.874388, 171.646937, 176.123704 ] }, { "date": "2025-06-20", "close": 190.142319, "volume": 1084094, "typical_volume": 1414764.4, "trend": 185.633996, "fair_value": 188.309935, "relative_strength": -11.780816, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.965575, "energy": 53.86327, "activity_lines": [ 194.727325, 185.157877, 173.48148, 176.372651 ] }, { "date": "2025-06-27", "close": 200.947571, "volume": 1520390, "typical_volume": 1441875.95, "trend": 184.445917, "fair_value": 189.147389, "relative_strength": -8.385483, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.864515, "energy": 51.448822, "activity_lines": [ 197.41088, 189.578657, 176.373169, 177.360623 ] }, { "date": "2025-07-04", "close": 234.398972, "volume": 26547360, "typical_volume": 2743183.3, "trend": 184.419029, "fair_value": 190.177218, "relative_strength": 7.628937, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.504621, "energy": 64.796988, "activity_lines": [ 209.624944, 199.312151, 182.439988, 180.583401 ] }, { "date": "2025-07-11", "close": 240.214905, "volume": 10659433, "typical_volume": 3246267.4, "trend": 184.626503, "fair_value": 191.238852, "relative_strength": 11.776422, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.087145, "energy": 72.36005, "activity_lines": [ 221.538264, 208.731497, 188.829616, 184.183135 ] }, { "date": "2025-07-18", "close": 234.976593, "volume": 2994708, "typical_volume": 3371720.5, "trend": 185.231662, "fair_value": 192.240208, "relative_strength": 10.160714, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.880309, "energy": 84.415435, "activity_lines": [ 228.731797, 215.636529, 194.425008, 187.431528 ] }, { "date": "2025-07-25", "close": 215.606827, "volume": 1665739, "typical_volume": 3407019.15, "trend": 185.250915, "fair_value": 193.136078, "relative_strength": 1.795013, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.739019, "energy": 76.846991, "activity_lines": [ 227.222049, 217.453908, 197.852239, 189.391216 ] }, { "date": "2025-08-01", "close": 205.491486, "volume": 2535380, "typical_volume": 3500386.55, "trend": 184.850665, "fair_value": 193.925738, "relative_strength": -1.683688, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.395204, "energy": 49.629171, "activity_lines": [ 220.642887, 216.804553, 200.059927, 190.697059 ] }, { "date": "2025-08-08", "close": 216.466995, "volume": 3033392, "typical_volume": 3540099.2, "trend": 185.300592, "fair_value": 194.760108, "relative_strength": 4.569375, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.220344, "energy": 34.084599, "activity_lines": [ 217.419299, 217.626322, 203.05766, 192.736823 ] }, { "date": "2025-08-15", "close": 203.695496, "volume": 999860, "typical_volume": 3516767.4, "trend": 185.391194, "fair_value": 195.537369, "relative_strength": -2.471389, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.039423, "energy": 22.585159, "activity_lines": [ 211.134011, 215.841293, 204.580399, 193.923591 ] }, { "date": "2025-08-22", "close": 217.933731, "volume": 4431997, "typical_volume": 3691675.4, "trend": 185.915574, "fair_value": 196.411774, "relative_strength": 3.439415, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.675948, "energy": 21.755825, "activity_lines": [ 212.029428, 216.498019, 207.186816, 196.023109 ] }, { "date": "2025-08-29", "close": 211.59787, "volume": 1414539, "typical_volume": 3721447.75, "trend": 186.434239, "fair_value": 197.25549, "relative_strength": 2.379818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.218051, "energy": 22.540947, "activity_lines": [ 211.949083, 215.699907, 208.859441, 197.680031 ] }, { "date": "2025-09-05", "close": 210.280807, "volume": 998300, "typical_volume": 3745658.25, "trend": 186.82037, "fair_value": 198.058862, "relative_strength": 0.862387, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.594186, "energy": 20.229149, "activity_lines": [ 211.69698, 214.272227, 210.087788, 199.21852 ] }, { "date": "2025-09-12", "close": 208.504776, "volume": 1575311, "typical_volume": 3777623.05, "trend": 187.574862, "fair_value": 198.788366, "relative_strength": -0.793137, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.555036, "energy": 20.189685, "activity_lines": [ 210.533578, 212.351938, 210.901046, 200.617514 ] }, { "date": "2025-09-19", "close": 220.348343, "volume": 2235692, "typical_volume": 3863462.1, "trend": 188.980079, "fair_value": 199.590196, "relative_strength": 4.426365, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.395891, "energy": 26.633123, "activity_lines": [ 213.848847, 213.055827, 212.606343, 202.731932 ] }, { "date": "2025-09-26", "close": 199.375153, "volume": 1675721, "typical_volume": 3919067.8, "trend": 190.05732, "fair_value": 200.350497, "relative_strength": -2.341364, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.552801, "energy": 9.573046, "activity_lines": [ 209.062863, 210.30762, 211.999729, 203.402582 ] }, { "date": "2025-10-03", "close": 198.946106, "volume": 610295, "typical_volume": 3819431.15, "trend": 191.2952, "fair_value": 201.099693, "relative_strength": -3.042416, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.17328, "energy": 8.930805, "activity_lines": [ 205.371102, 208.128704, 211.111673, 203.976052 ] }, { "date": "2025-10-10", "close": 194.037048, "volume": 751207, "typical_volume": 3811788.3, "trend": 192.700076, "fair_value": 201.85641, "relative_strength": -6.418339, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.863278, "energy": 10.995355, "activity_lines": [ 200.886439, 205.360153, 209.671057, 204.152945 ] }, { "date": "2025-10-17", "close": 182.742249, "volume": 680544, "typical_volume": 3443160.85, "trend": 193.386541, "fair_value": 202.554396, "relative_strength": -12.845741, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -14.877335, "energy": 36.751732, "activity_lines": [ 193.71976, 200.746265, 207.071943, 203.510505 ] }, { "date": "2025-10-24", "close": 191.19339, "volume": 618690, "typical_volume": 3404715.1, "trend": 194.876218, "fair_value": 203.261491, "relative_strength": -8.798541, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.035497, "energy": 44.554839, "activity_lines": [ 191.08763, 198.282125, 205.363727, 203.369011 ] }, { "date": "2025-10-31", "close": 194.895142, "volume": 913916, "typical_volume": 3347328.4, "trend": 196.420903, "fair_value": 204.006745, "relative_strength": -6.287462, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.072141, "energy": 41.968282, "activity_lines": [ 191.633081, 196.718343, 204.029089, 203.370232 ] }, { "date": "2025-11-07", "close": 194.835281, "volume": 811542, "typical_volume": 3333700.8, "trend": 198.094052, "fair_value": 204.672626, "relative_strength": -5.007236, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.31, "energy": 38.393055, "activity_lines": [ 192.457246, 195.562559, 202.719136, 203.267934 ] }, { "date": "2025-11-14", "close": 200.169998, "volume": 2821901, "typical_volume": 3398776.35, "trend": 199.478623, "fair_value": 205.396811, "relative_strength": -3.722389, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.639087, "energy": 16.911899, "activity_lines": [ 195.333705, 195.681499, 201.894904, 203.401866 ] }, { "date": "2025-11-21", "close": 212.070007, "volume": 3534405, "typical_volume": 2248128.6, "trend": 201.248908, "fair_value": 206.199565, "relative_strength": 1.536757, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 10.493622, "energy": 11.659795, "activity_lines": [ 201.76797, 198.14791, 202.207708, 204.214213 ] }, { "date": "2025-11-28", "close": 202.610001, "volume": 969215, "typical_volume": 1763617.7, "trend": 202.858883, "fair_value": 206.898758, "relative_strength": -3.00927, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.793251, "energy": 10.163546, "activity_lines": [ 203.093715, 198.829497, 201.725889, 204.302026 ] }, { "date": "2025-12-05", "close": 195.699997, "volume": 506487, "typical_volume": 1639206.65, "trend": 204.420437, "fair_value": 207.542991, "relative_strength": -5.790478, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.018121, "energy": 19.773667, "activity_lines": [ 201.355019, 198.577235, 200.765044, 203.840162 ] }, { "date": "2025-12-12", "close": 190.279999, "volume": 676194, "typical_volume": 1589729.4, "trend": 204.726776, "fair_value": 208.134958, "relative_strength": -7.428386, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.50728, "energy": 19.18018, "activity_lines": [ 197.756, 197.40634, 199.475041, 202.927876 ] }, { "date": "2025-12-19", "close": 200.970001, "volume": 1360239, "typical_volume": 1530972.35, "trend": 205.537502, "fair_value": 208.88408, "relative_strength": -1.575974, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.617987, "energy": 21.681122, "activity_lines": [ 198.024, 198.336647, 199.323736, 202.685503 ] }, { "date": "2025-12-26", "close": 198.130005, "volume": 654963, "typical_volume": 1412050.9, "trend": 205.448231, "fair_value": 209.531192, "relative_strength": -2.912079, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.398318, "energy": 24.043585, "activity_lines": [ 197.292001, 198.624538, 198.923487, 202.2076 ] }, { "date": "2026-01-02", "close": 198.339996, "volume": 465365, "typical_volume": 1385326.15, "trend": 205.539242, "fair_value": 210.134954, "relative_strength": -3.504157, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.327612, "energy": 18.859062, "activity_lines": [ 197.559333, 198.670831, 198.630557, 201.749004 ] }, { "date": "2026-01-09", "close": 186.429993, "volume": 527773, "typical_volume": 1190114.95, "trend": 205.044369, "fair_value": 210.635451, "relative_strength": -6.6973, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.968662, "energy": 32.347978, "activity_lines": [ 194.141331, 196.421731, 197.228842, 200.51615 ] }, { "date": "2026-01-16", "close": 186.449997, "volume": 501160, "typical_volume": 1144446.0, "trend": 204.921291, "fair_value": 211.117537, "relative_strength": -6.402312, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.16673, "energy": 43.958771, "activity_lines": [ 191.347997, 194.33018, 195.979051, 199.316513 ] }, { "date": "2026-01-23", "close": 167.0, "volume": 836001, "typical_volume": 1136331.05, "trend": 203.789705, "fair_value": 211.493482, "relative_strength": -13.557153, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.614963, "energy": 69.224685, "activity_lines": [ 182.326664, 188.854726, 192.99663, 196.869978 ] }, { "date": "2026-01-30", "close": 172.940002, "volume": 469929, "typical_volume": 1081061.95, "trend": 201.741073, "fair_value": 211.871189, "relative_strength": -11.109627, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.182077, "energy": 71.734243, "activity_lines": [ 177.549999, 185.062363, 190.786023, 194.879674 ] }, { "date": "2026-02-06", "close": 162.440002, "volume": 2756505, "typical_volume": 1107102.6, "trend": 199.148576, "fair_value": 212.174985, "relative_strength": -17.281684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.477349, "energy": 76.664023, "activity_lines": [ 170.952667, 180.072363, 187.744772, 192.344121 ] }, { "date": "2026-02-13", "close": 161.639999, "volume": 1445581, "typical_volume": 1095595.6, "trend": 196.704023, "fair_value": 212.44775, "relative_strength": -16.600352, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.594158, "energy": 79.177494, "activity_lines": [ 166.482, 175.667272, 184.903085, 189.924213 ] }, { "date": "2026-02-20", "close": 155.279999, "volume": 1034228, "typical_volume": 1116792.25, "trend": 194.693129, "fair_value": 212.719109, "relative_strength": -19.842251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.484713, "energy": 80.753476, "activity_lines": [ 161.544, 170.72509, 181.635374, 187.251695 ] }, { "date": "2026-02-27", "close": 141.669998, "volume": 1340004, "typical_volume": 1146232.1, "trend": 192.565746, "fair_value": 212.894843, "relative_strength": -25.363049, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.385367, "energy": 88.084931, "activity_lines": [ 154.147333, 163.944726, 177.279407, 183.830848 ] }, { "date": "2026-03-06", "close": 136.050003, "volume": 1119957, "typical_volume": 1168202.75, "trend": 189.88518, "fair_value": 213.027949, "relative_strength": -25.88467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.674455, "energy": 90.644571, "activity_lines": [ 146.566, 157.220727, 172.637569, 180.184671 ] }, { "date": "2026-03-13", "close": 127.660004, "volume": 1471273, "typical_volume": 1210831.9, "trend": 187.350663, "fair_value": 213.11032, "relative_strength": -26.312834, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.59433, "energy": 92.299544, "activity_lines": [ 138.647335, 150.100001, 167.419027, 176.170144 ] }, { "date": "2026-03-20", "close": 119.57, "volume": 2141086, "typical_volume": 1272190.4, "trend": 184.071872, "fair_value": 213.14388, "relative_strength": -30.557136, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.277324, "energy": 93.50579, "activity_lines": [ 130.350668, 142.793455, 161.732549, 171.797198 ] }, { "date": "2026-03-27", "close": 116.809998, "volume": 1829943, "typical_volume": 1323110.45, "trend": 180.912276, "fair_value": 213.157462, "relative_strength": -31.08585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.092122, "energy": 91.000518, "activity_lines": [ 123.938667, 136.200728, 156.141905, 167.457722 ] }, { "date": "2026-04-03", "close": 124.07, "volume": 1263040, "typical_volume": 1245167.4, "trend": 178.038583, "fair_value": 213.178473, "relative_strength": -26.264104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.576008, "energy": 79.664819, "activity_lines": [ 122.511334, 132.194182, 151.614238, 163.790478 ] }, { "date": "2026-04-10", "close": 134.539993, "volume": 1156890, "typical_volume": 1126291.65, "trend": 175.57309, "fair_value": 213.235871, "relative_strength": -24.342618, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.991348, "energy": 62.686822, "activity_lines": [ 125.747331, 130.871817, 148.446095, 160.984118 ] }, { "date": "2026-04-17", "close": 147.690002, "volume": 1107612, "typical_volume": 1133211.5, "trend": 173.151145, "fair_value": 213.238142, "relative_strength": -17.855688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.208492, "energy": 44.796282, "activity_lines": [ 133.467332, 132.638545, 146.899523, 159.185209 ] }, { "date": "2026-04-24", "close": 138.169998, "volume": 781731, "typical_volume": 1146973.7, "trend": 171.110974, "fair_value": 213.106757, "relative_strength": -21.5157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.222668, "energy": 33.827017, "activity_lines": [ 136.678665, 132.942545, 144.707809, 156.928361 ] }, { "date": "2026-05-01", "close": 140.149994, "volume": 529885, "typical_volume": 1139658.25, "trend": 169.151103, "fair_value": 213.081012, "relative_strength": -20.618251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.604034, "energy": 25.380218, "activity_lines": [ 139.309997, 134.033271, 142.978618, 154.930878 ] }, { "date": "2026-05-08", "close": 148.779999, "volume": 2414961, "typical_volume": 1192394.35, "trend": 167.642535, "fair_value": 213.062589, "relative_strength": -16.342611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.753067, "energy": 25.982589, "activity_lines": [ 143.261997, 136.96818, 142.310046, 153.616613 ] }, { "date": "2026-05-15", "close": 135.259995, "volume": 1716868, "typical_volume": 1245489.6, "trend": 166.059793, "fair_value": 212.835855, "relative_strength": -21.921709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.015656, "energy": 22.403605, "activity_lines": [ 141.059997, 137.315634, 140.602379, 151.527417 ] }, { "date": "2026-05-22", "close": 139.020004, "volume": 6935142, "typical_volume": 1568978.45, "trend": 164.32068, "fair_value": 212.530119, "relative_strength": -19.745123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.704053, "energy": 19.793894, "activity_lines": [ 140.063332, 138.361089, 139.552189, 149.782915 ] }, { "date": "2026-05-29", "close": 143.270004, "volume": 3082863, "typical_volume": 1696732.95, "trend": 162.599842, "fair_value": 212.145218, "relative_strength": -16.24158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.478361, "energy": 14.408888, "activity_lines": [ 141.061334, 139.972727, 139.189238, 148.424806 ] }, { "date": "2026-06-05", "close": 143.229996, "volume": 173379, "typical_volume": 1680343.9, "trend": 160.879666, "fair_value": 211.65467, "relative_strength": -15.236082, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.886277, "energy": 15.987454, "activity_lines": [ 141.706, 141.146181, 139.027999, 147.175139 ] }, { "date": "2026-06-12", "close": 137.850006, "volume": 298197, "typical_volume": 1653453.7, "trend": 158.802333, "fair_value": 210.93993, "relative_strength": -18.806565, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.824183, "energy": 18.518411, "activity_lines": [ 140.352002, 140.861091, 138.56019, 145.689354 ] }, { "date": "2026-06-19", "close": 139.960007, "volume": 146161, "typical_volume": 1637265.3, "trend": 156.398666, "fair_value": 210.259794, "relative_strength": -18.523292, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.721166, "energy": 16.779683, "activity_lines": [ 140.430004, 140.709093, 138.432143, 144.473721 ] }, { "date": "2026-06-26", "close": 159.922638, "volume": 0, "typical_volume": 1499440.05, "trend": 154.975754, "fair_value": 209.718544, "relative_strength": -6.769966, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.112629, "energy": 9.907768, "activity_lines": [ 146.848882, 144.088118, 140.362347, 144.701074 ] }, { "date": "2026-07-03", "close": 178.391739, "volume": 15054872, "typical_volume": 2179904.6, "trend": 154.398812, "fair_value": 209.259369, "relative_strength": 3.594943, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.450251, "energy": 49.121278, "activity_lines": [ 158.030618, 150.602749, 144.0635, 146.211782 ] }, { "date": "2026-07-10", "close": 170.497772, "volume": 22881762, "typical_volume": 3272281.3, "trend": 153.739405, "fair_value": 208.713277, "relative_strength": -0.048188, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.319597, "energy": 55.983986, "activity_lines": [ 164.239583, 154.95081, 146.933076, 147.250425 ] }, { "date": "2026-07-17", "close": 178.471481, "volume": 18029855, "typical_volume": 4106773.85, "trend": 152.989454, "fair_value": 208.259439, "relative_strength": 4.671762, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.086764, "energy": 69.716589, "activity_lines": [ 171.2886, 160.196858, 150.489588, 148.846043 ] }, { "date": "2026-07-24", "close": 167.746841, "volume": 4575000, "typical_volume": 4279526.0, "trend": 151.976682, "fair_value": 207.787391, "relative_strength": 1.178972, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.243569, "energy": 64.684043, "activity_lines": [ 172.054637, 162.953127, 152.849461, 149.798132 ] }, { "date": "2026-07-31", "close": 169.300003, "volume": 4833889, "typical_volume": 4447656.8, "trend": 151.008682, "fair_value": 207.30295, "relative_strength": -0.072871, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.266462, "energy": 53.22542, "activity_lines": [ 171.48594, 165.401118, 155.206316, 150.915766 ] }, { "date": "2026-08-07", "close": 165.050003, "volume": 4093012, "typical_volume": 4545253.1, "trend": 150.296016, "fair_value": 206.747282, "relative_strength": -2.73951, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 57.192151, "energy": 42.188094, "activity_lines": [ 168.875419, 166.525837, 156.960123, 151.821657 ] } ], "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." } } }