{ "ticker": { "uuid": "8b826a61-db4b-4f70-bd06-0bce388a02fd", "symbol": "AARTIDRUGS", "name": "Aarti Drugs Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 93.657, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 66.908, "architecture_energy": 75.538, "architecture_maturity": 14.526, "architecture_confidence": 76.191, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 17.53, "rotation_up": 78.69, "upward_expansion": 95.22, "deceleration": 39.18, "rotation_down": 9.55, "downward_expansion": 17.22 }, "activity_lines": [ 415.126668, 403.540911, 391.707621, 383.439765 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 416.200012, "trend_reference": 376.114453, "distance_from_trend": 0.106578, "trend_direction": "Weakening", "fair_value": 453.580204, "distance_from_fair_value": -0.082411, "fair_value_direction": "Improving", "relative_strength": 2.11981, "relative_strength_direction": "Improving", "price_momentum": 0.116866, "excess_performance": 0.160575, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.106578, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.021917, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.082411, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.077592, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.021198, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.091765, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.116866, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.246864, "read": "Demand-led" } ], "volume": { "latest": 851597, "relative_activity": 1.349248, "balance": 1.246864, "dry_up": 1.646618, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.054218, "annualized_volatility": 0.238639, "from_high_reference": -0.217222, "from_low_reference": 0.304907 }, "levels": { "trend_reference": 376.114453, "fair_value_reference": 453.580204, "structural_low": 318.950012, "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": 11, "median_return": -0.032858, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.026899, "regime_survival": 0.636364, "best_return": 0.149499, "worst_return": -0.109514, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.042621, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.061481, "regime_survival": 0.2, "best_return": 0.243611, "worst_return": -0.255675, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.187606, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.149037, "regime_survival": 0.0, "best_return": 0.12462, "worst_return": -0.192734, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.108672, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.120172, "regime_survival": 0.333333, "best_return": 0.149681, "worst_return": -0.157666, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-12", "end": "2024-08-09", "tenure": "Developing", "return": -0.032858, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": 0.173108, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-10-04", "tenure": "Developing", "return": -0.067371, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-11", "end": "2024-10-25", "tenure": "New", "return": -0.069033, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-01", "end": "2024-11-22", "tenure": "New", "return": -0.079028, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-05-23", "tenure": "Established", "return": 0.031516, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": 0.098231, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-08-22", "tenure": "Developing", "return": 0.019954, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-29", "end": "2025-10-10", "tenure": "Developing", "return": 0.097221, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-17", "end": "2025-11-07", "tenure": "New", "return": -0.050613, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": -0.126119, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-05-08", "tenure": "Established", "return": -0.011954, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-07-17", "tenure": "Developing", "return": 0.148334, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.028925, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 556.360718, "volume": 797888, "typical_volume": 3912798.35, "trend": 437.062669, "fair_value": 548.628852, "relative_strength": 18.105349, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.390488, "energy": 84.936658, "activity_lines": [ 561.840936, 534.108957, 499.596723, 470.743947 ] }, { "date": "2023-08-25", "close": 533.086121, "volume": 1158118, "typical_volume": 3690690.0, "trend": 441.326123, "fair_value": 547.432325, "relative_strength": 13.155263, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.21325, "energy": 60.396991, "activity_lines": [ 554.264323, 538.31638, 505.381638, 476.939009 ] }, { "date": "2023-09-01", "close": 564.135315, "volume": 2023439, "typical_volume": 3391640.0, "trend": 446.324891, "fair_value": 546.551473, "relative_strength": 18.28453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.139793, "energy": 54.611403, "activity_lines": [ 555.208492, 546.84827, 513.4143, 484.862182 ] }, { "date": "2023-09-08", "close": 613.60614, "volume": 3798287, "typical_volume": 3422923.3, "trend": 454.150751, "fair_value": 546.00293, "relative_strength": 25.672554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.089698, "energy": 60.818176, "activity_lines": [ 573.702673, 562.115829, 525.433822, 495.654521 ] }, { "date": "2023-09-15", "close": 578.793396, "volume": 1633024, "typical_volume": 3462537.35, "trend": 460.938336, "fair_value": 545.042259, "relative_strength": 16.061402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.466265, "energy": 52.122561, "activity_lines": [ 577.555363, 568.272559, 533.21205, 503.695982 ] }, { "date": "2023-09-22", "close": 547.050842, "volume": 814656, "typical_volume": 3167312.75, "trend": 467.156436, "fair_value": 543.903453, "relative_strength": 12.482896, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.960791, "energy": 46.872152, "activity_lines": [ 570.173531, 566.610474, 537.19584, 509.251627 ] }, { "date": "2023-09-29", "close": 537.34491, "volume": 1047290, "typical_volume": 3108432.15, "trend": 472.975073, "fair_value": 542.248854, "relative_strength": 10.665956, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.621007, "energy": 36.453969, "activity_lines": [ 560.177047, 562.204974, 539.752507, 513.779916 ] }, { "date": "2023-10-06", "close": 518.378601, "volume": 734844, "typical_volume": 3091318.3, "trend": 479.024805, "fair_value": 539.373645, "relative_strength": 6.837119, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.712426, "energy": 20.380577, "activity_lines": [ 543.57454, 553.774817, 540.12391, 516.709176 ] }, { "date": "2023-10-13", "close": 515.407349, "volume": 634447, "typical_volume": 3082493.25, "trend": 485.736456, "fair_value": 537.701515, "relative_strength": 5.730817, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.812906, "energy": 21.767018, "activity_lines": [ 529.032064, 545.925392, 539.910734, 519.056437 ] }, { "date": "2023-10-20", "close": 513.476074, "volume": 4593931, "typical_volume": 3250316.45, "trend": 490.08929, "fair_value": 536.26886, "relative_strength": 6.42681, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.382957, "energy": 16.016071, "activity_lines": [ 520.392415, 538.681919, 539.168871, 520.84609 ] }, { "date": "2023-10-27", "close": 466.530792, "volume": 1940436, "typical_volume": 3221832.4, "trend": 494.489994, "fair_value": 534.971928, "relative_strength": -0.677778, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -15.204367, "energy": 26.707181, "activity_lines": [ 500.458828, 523.912255, 533.663152, 519.326187 ] }, { "date": "2023-11-03", "close": 455.636353, "volume": 1172540, "typical_volume": 3209880.75, "trend": 496.873572, "fair_value": 533.729362, "relative_strength": -3.802633, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.465287, "energy": 51.852364, "activity_lines": [ 482.261764, 508.795055, 527.117746, 516.8195 ] }, { "date": "2023-11-10", "close": 476.831055, "volume": 1458081, "typical_volume": 3244301.95, "trend": 499.035958, "fair_value": 532.409975, "relative_strength": -0.299003, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.330131, "energy": 52.342753, "activity_lines": [ 476.576837, 498.939614, 522.613756, 515.526434 ] }, { "date": "2023-11-17", "close": 466.580353, "volume": 603742, "typical_volume": 3204680.2, "trend": 500.615656, "fair_value": 531.116525, "relative_strength": -3.853588, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.030988, "energy": 57.14574, "activity_lines": [ 470.244847, 488.80776, 516.957594, 513.432524 ] }, { "date": "2023-11-24", "close": 475.890137, "volume": 974507, "typical_volume": 3211183.25, "trend": 502.584913, "fair_value": 529.647631, "relative_strength": -2.247075, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.497146, "energy": 45.359283, "activity_lines": [ 470.271251, 483.04179, 512.15978, 511.83733 ] }, { "date": "2023-12-01", "close": 480.941254, "volume": 1070501, "typical_volume": 3050745.95, "trend": 503.900504, "fair_value": 527.977573, "relative_strength": -3.528103, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.985293, "energy": 30.945336, "activity_lines": [ 474.487089, 480.065173, 507.796807, 510.440965 ] }, { "date": "2023-12-08", "close": 482.823029, "volume": 765599, "typical_volume": 2913677.75, "trend": 504.735747, "fair_value": 526.095516, "relative_strength": -6.287899, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.253077, "energy": 27.012069, "activity_lines": [ 478.369489, 478.63269, 503.671531, 509.081128 ] }, { "date": "2023-12-15", "close": 468.313538, "volume": 931074, "typical_volume": 1573710.95, "trend": 505.178128, "fair_value": 524.409612, "relative_strength": -10.962734, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.051163, "energy": 24.454198, "activity_lines": [ 475.602946, 475.553424, 498.273108, 506.731308 ] }, { "date": "2023-12-22", "close": 494.707916, "volume": 4630765, "typical_volume": 1621691.45, "trend": 506.901436, "fair_value": 523.122022, "relative_strength": -5.318053, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -41.07, "energy": 25.728939, "activity_lines": [ 482.202364, 478.18341, 495.920424, 506.05581 ] }, { "date": "2023-12-29", "close": 484.506714, "volume": 2937753, "typical_volume": 1686046.1, "trend": 507.985931, "fair_value": 521.582268, "relative_strength": -8.698924, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.129807, "energy": 23.130886, "activity_lines": [ 483.526211, 479.334985, 492.945434, 504.610989 ] }, { "date": "2024-01-05", "close": 504.810028, "volume": 2018886, "typical_volume": 1747096.0, "trend": 509.276761, "fair_value": 520.166027, "relative_strength": -4.67597, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.023222, "energy": 17.328994, "activity_lines": [ 491.04339, 484.704788, 492.306386, 504.406092 ] }, { "date": "2024-01-12", "close": 516.298767, "volume": 1924478, "typical_volume": 1785414.0, "trend": 511.138726, "fair_value": 519.005778, "relative_strength": -3.246602, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.049285, "energy": 16.764365, "activity_lines": [ 500.798897, 491.467466, 493.006983, 504.859125 ] }, { "date": "2024-01-19", "close": 527.242676, "volume": 2224204, "typical_volume": 1795452.25, "trend": 514.050519, "fair_value": 518.049046, "relative_strength": -0.036967, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.182568, "energy": 18.567495, "activity_lines": [ 511.970658, 499.116992, 494.829797, 505.898089 ] }, { "date": "2024-01-26", "close": 499.709442, "volume": 1390044, "typical_volume": 1675040.1, "trend": 515.352902, "fair_value": 516.996088, "relative_strength": -4.089271, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.010214, "energy": 19.393128, "activity_lines": [ 510.036066, 500.843902, 494.206078, 504.972859 ] }, { "date": "2024-02-02", "close": 504.463409, "volume": 1433672, "typical_volume": 1665072.5, "trend": 516.628877, "fair_value": 515.948955, "relative_strength": -5.388889, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.251528, "energy": 16.080871, "activity_lines": [ 509.352694, 502.832821, 494.577483, 504.270311 ] }, { "date": "2024-02-09", "close": 528.35675, "volume": 1531581, "typical_volume": 1700918.75, "trend": 517.800025, "fair_value": 515.189611, "relative_strength": -0.821085, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.387872, "energy": 25.296144, "activity_lines": [ 515.303322, 508.646471, 497.578396, 505.026948 ] }, { "date": "2024-02-16", "close": 525.875977, "volume": 800683, "typical_volume": 1688588.4, "trend": 518.474162, "fair_value": 514.499059, "relative_strength": -2.669069, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.273762, "energy": 21.17993, "activity_lines": [ 518.857245, 513.146971, 500.432064, 505.547977 ] }, { "date": "2024-02-23", "close": 526.421753, "volume": 1819035, "typical_volume": 1742797.95, "trend": 516.687175, "fair_value": 513.885955, "relative_strength": -3.553901, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.782974, "energy": 21.798463, "activity_lines": [ 521.954612, 516.963922, 503.392325, 506.060725 ] }, { "date": "2024-03-01", "close": 498.934692, "volume": 761094, "typical_volume": 1749130.3, "trend": 514.383415, "fair_value": 512.876383, "relative_strength": -9.227493, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 8.048989, "energy": 12.682922, "activity_lines": [ 515.944354, 514.726713, 503.696471, 504.915403 ] }, { "date": "2024-03-08", "close": 472.439972, "volume": 443353, "typical_volume": 1541601.4, "trend": 511.165136, "fair_value": 511.554446, "relative_strength": -14.749635, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.746784, "energy": 20.134724, "activity_lines": [ 501.154173, 507.595431, 501.55575, 502.209375 ] }, { "date": "2024-03-15", "close": 449.26947, "volume": 815166, "typical_volume": 1485337.9, "trend": 507.595428, "fair_value": 509.694953, "relative_strength": -17.331078, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.144177, "energy": 39.828072, "activity_lines": [ 480.775386, 496.470726, 497.403725, 498.216106 ] }, { "date": "2024-03-22", "close": 452.097565, "volume": 752024, "typical_volume": 1464312.1, "trend": 504.895809, "fair_value": 508.077019, "relative_strength": -16.948766, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.145182, "energy": 59.1129, "activity_lines": [ 466.611784, 486.870049, 493.60324, 494.635599 ] }, { "date": "2024-03-29", "close": 430.961304, "volume": 1472100, "typical_volume": 1465013.05, "trend": 500.456675, "fair_value": 506.297365, "relative_strength": -21.649648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.9835, "energy": 77.665553, "activity_lines": [ 450.321322, 474.59371, 487.806628, 489.86563 ] }, { "date": "2024-04-05", "close": 488.862732, "volume": 1117012, "typical_volume": 1490676.55, "trend": 496.298562, "fair_value": 504.795015, "relative_strength": -11.852633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.200573, "energy": 63.550896, "activity_lines": [ 459.695366, 474.595473, 487.742866, 489.117634 ] }, { "date": "2024-04-12", "close": 500.323944, "volume": 1336426, "typical_volume": 1508772.5, "trend": 493.682913, "fair_value": 503.566178, "relative_strength": -9.746183, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.498598, "energy": 28.113154, "activity_lines": [ 473.561277, 476.878306, 488.664541, 489.377336 ] }, { "date": "2024-04-19", "close": 491.194672, "volume": 443754, "typical_volume": 1477435.15, "trend": 491.821041, "fair_value": 502.195706, "relative_strength": -9.789902, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.680427, "energy": 14.720452, "activity_lines": [ 482.525167, 477.576534, 488.60041, 489.216805 ] }, { "date": "2024-04-26", "close": 500.274323, "volume": 651001, "typical_volume": 1471705.25, "trend": 490.585355, "fair_value": 500.915355, "relative_strength": -9.187014, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.458225, "energy": 13.622997, "activity_lines": [ 491.720594, 480.601282, 489.352182, 489.762178 ] }, { "date": "2024-05-03", "close": 498.736237, "volume": 359952, "typical_volume": 1443149.15, "trend": 489.930609, "fair_value": 499.171017, "relative_strength": -9.532587, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.656194, "energy": 18.344734, "activity_lines": [ 497.191541, 483.811863, 489.874368, 490.288041 ] }, { "date": "2024-05-10", "close": 458.150696, "volume": 566414, "typical_volume": 1239931.6, "trend": 488.022054, "fair_value": 496.940873, "relative_strength": -15.028262, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.372214, "energy": 9.03444, "activity_lines": [ 484.615646, 480.146628, 486.386395, 488.237724 ] }, { "date": "2024-05-17", "close": 486.77887, "volume": 338637, "typical_volume": 1109975.8, "trend": 487.132147, "fair_value": 495.325301, "relative_strength": -11.137111, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.072082, "energy": 2.747143, "activity_lines": [ 483.629944, 482.428042, 485.798996, 488.157519 ] }, { "date": "2024-05-24", "close": 488.614655, "volume": 335597, "typical_volume": 1025811.35, "trend": 487.868276, "fair_value": 493.884882, "relative_strength": -12.525971, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.108813, "energy": 5.797835, "activity_lines": [ 484.159176, 484.782528, 485.375614, 488.253164 ] }, { "date": "2024-05-31", "close": 473.233826, "volume": 2259540, "typical_volume": 1042564.45, "trend": 488.454859, "fair_value": 492.11675, "relative_strength": -13.444794, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.985461, "energy": 21.199362, "activity_lines": [ 479.733466, 483.625133, 483.564512, 487.309006 ] }, { "date": "2024-06-07", "close": 507.766296, "volume": 771784, "typical_volume": 969943.45, "trend": 489.486033, "fair_value": 490.739686, "relative_strength": -9.92112, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.47093, "energy": 4.012062, "activity_lines": [ 488.621279, 488.362073, 485.247288, 488.554905 ] }, { "date": "2024-06-14", "close": 517.193237, "volume": 892565, "typical_volume": 945069.5, "trend": 491.173129, "fair_value": 489.503637, "relative_strength": -8.759536, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.284173, "energy": 26.43002, "activity_lines": [ 500.049402, 493.416548, 487.920613, 490.342467 ] }, { "date": "2024-06-21", "close": 505.732025, "volume": 880523, "typical_volume": 917412.05, "trend": 492.167859, "fair_value": 488.280077, "relative_strength": -10.770793, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.479125, "energy": 28.778419, "activity_lines": [ 503.720951, 495.872066, 489.419137, 491.28175 ] }, { "date": "2024-06-28", "close": 500.671234, "volume": 476768, "typical_volume": 864671.4, "trend": 492.825525, "fair_value": 486.880285, "relative_strength": -13.320237, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.356558, "energy": 27.234751, "activity_lines": [ 504.442027, 497.309111, 490.429641, 491.830355 ] }, { "date": "2024-07-05", "close": 550.187622, "volume": 1991278, "typical_volume": 924201.15, "trend": 495.071011, "fair_value": 485.84278, "relative_strength": -5.861745, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 74.713014, "energy": 65.702772, "activity_lines": [ 520.864793, 507.576835, 496.287826, 495.531136 ] }, { "date": "2024-07-12", "close": 528.505554, "volume": 765087, "typical_volume": 871503.75, "trend": 497.077412, "fair_value": 484.612564, "relative_strength": -9.967321, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.36592, "energy": 58.115423, "activity_lines": [ 524.92995, 512.994851, 499.965283, 497.688203 ] }, { "date": "2024-07-19", "close": 509.20517, "volume": 590104, "typical_volume": 862954.25, "trend": 497.560654, "fair_value": 483.343955, "relative_strength": -13.018144, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.569452, "energy": 47.943618, "activity_lines": [ 521.179028, 514.362445, 501.794685, 498.470639 ] }, { "date": "2024-07-26", "close": 522.65094, "volume": 459198, "typical_volume": 863746.5, "trend": 498.832128, "fair_value": 482.475981, "relative_strength": -11.207326, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.649619, "energy": 47.178422, "activity_lines": [ 522.442568, 517.246462, 504.85573, 500.089367 ] }, { "date": "2024-08-02", "close": 507.468597, "volume": 899916, "typical_volume": 867984.0, "trend": 498.920747, "fair_value": 481.525854, "relative_strength": -12.77115, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.898538, "energy": 26.087024, "activity_lines": [ 517.517399, 516.717833, 506.231737, 500.646559 ] }, { "date": "2024-08-09", "close": 511.140137, "volume": 706414, "typical_volume": 865703.5, "trend": 498.748793, "fair_value": 480.699442, "relative_strength": -10.268082, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.788326, "energy": 17.699202, "activity_lines": [ 513.362919, 516.513958, 507.680277, 501.434906 ] }, { "date": "2024-08-16", "close": 492.980835, "volume": 296230, "typical_volume": 806910.0, "trend": 497.606731, "fair_value": 480.046419, "relative_strength": -13.447204, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.969885, "energy": 13.750561, "activity_lines": [ 505.758504, 512.319186, 507.118203, 501.06278 ] }, { "date": "2024-08-23", "close": 559.565063, "volume": 3771097, "typical_volume": 939614.25, "trend": 499.601919, "fair_value": 479.828434, "relative_strength": -2.458609, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.030301, "energy": 29.647183, "activity_lines": [ 522.717147, 520.499463, 512.602154, 505.060092 ] }, { "date": "2024-08-30", "close": 578.319702, "volume": 9314970, "typical_volume": 1338541.45, "trend": 502.063795, "fair_value": 479.609002, "relative_strength": -0.331464, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.038441, "energy": 52.735927, "activity_lines": [ 542.570009, 531.319279, 519.535583, 510.138659 ] }, { "date": "2024-09-06", "close": 549.393799, "volume": 1301402, "typical_volume": 1381423.85, "trend": 502.76503, "fair_value": 479.286947, "relative_strength": -3.137382, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.603062, "energy": 55.563586, "activity_lines": [ 549.069653, 535.560063, 523.342756, 513.192207 ] }, { "date": "2024-09-13", "close": 520.914429, "volume": 1140653, "typical_volume": 1405906.45, "trend": 502.599645, "fair_value": 478.661293, "relative_strength": -9.365126, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.197245, "energy": 52.138119, "activity_lines": [ 543.281161, 533.736915, 524.160469, 514.363136 ] }, { "date": "2024-09-20", "close": 520.716003, "volume": 574585, "typical_volume": 1416638.1, "trend": 502.409453, "fair_value": 478.119695, "relative_strength": -10.346542, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.030305, "energy": 33.900479, "activity_lines": [ 536.774906, 532.40993, 524.860998, 515.531933 ] }, { "date": "2024-09-27", "close": 510.395905, "volume": 1183615, "typical_volume": 1447498.15, "trend": 502.791494, "fair_value": 477.570723, "relative_strength": -12.840376, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.565121, "energy": 14.475052, "activity_lines": [ 524.979608, 529.348191, 524.473996, 516.047188 ] }, { "date": "2024-10-04", "close": 512.380554, "volume": 903856, "typical_volume": 1475759.1, "trend": 504.122847, "fair_value": 476.878356, "relative_strength": -7.96242, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.692238, "energy": 16.833915, "activity_lines": [ 517.123804, 526.625648, 524.02722, 516.665837 ] }, { "date": "2024-10-11", "close": 505.980103, "volume": 663138, "typical_volume": 1492136.15, "trend": 506.013201, "fair_value": 476.174036, "relative_strength": -8.467935, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.773345, "energy": 16.111883, "activity_lines": [ 511.530459, 522.926121, 522.848965, 516.78566 ] }, { "date": "2024-10-18", "close": 496.007385, "volume": 425703, "typical_volume": 1400444.3, "trend": 507.476862, "fair_value": 475.50091, "relative_strength": -9.376928, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.474823, "energy": 20.135465, "activity_lines": [ 505.507121, 517.440436, 520.638235, 516.140124 ] }, { "date": "2024-10-25", "close": 471.050751, "volume": 713250, "typical_volume": 1397517.6, "trend": 508.813177, "fair_value": 474.819499, "relative_strength": -11.15148, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.217307, "energy": 40.076005, "activity_lines": [ 492.825374, 507.692322, 515.942237, 513.790052 ] }, { "date": "2024-11-01", "close": 484.049988, "volume": 351020, "typical_volume": 1370440.35, "trend": 508.652752, "fair_value": 474.27672, "relative_strength": -8.861777, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.700253, "energy": 42.189378, "activity_lines": [ 487.787724, 500.706434, 512.659098, 512.192427 ] }, { "date": "2024-11-08", "close": 486.233093, "volume": 579936, "typical_volume": 1355411.0, "trend": 508.183057, "fair_value": 473.898996, "relative_strength": -7.499646, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.850455, "energy": 44.977321, "activity_lines": [ 485.23417, 495.490476, 509.741698, 510.745998 ] }, { "date": "2024-11-15", "close": 465.741882, "volume": 558492, "typical_volume": 1359497.2, "trend": 507.33463, "fair_value": 473.525491, "relative_strength": -8.769781, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.638452, "energy": 49.697235, "activity_lines": [ 477.593376, 488.223146, 504.965607, 508.007857 ] }, { "date": "2024-11-22", "close": 445.796387, "volume": 569865, "typical_volume": 1288426.55, "trend": 505.518699, "fair_value": 473.121152, "relative_strength": -13.631807, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.328295, "energy": 70.700847, "activity_lines": [ 465.986631, 478.850305, 498.456274, 504.037648 ] }, { "date": "2024-11-29", "close": 457.257568, "volume": 558305, "typical_volume": 1278087.45, "trend": 504.136077, "fair_value": 472.750778, "relative_strength": -11.857806, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.681228, "energy": 73.233646, "activity_lines": [ 461.547681, 472.927098, 493.535584, 500.924027 ] }, { "date": "2024-12-06", "close": 451.651031, "volume": 537968, "typical_volume": 1275480.65, "trend": 503.919421, "fair_value": 471.995257, "relative_strength": -14.506041, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.27722, "energy": 77.487934, "activity_lines": [ 456.15943, 467.138311, 488.420214, 497.537895 ] }, { "date": "2024-12-13", "close": 441.727905, "volume": 711568, "typical_volume": 1288099.15, "trend": 502.417723, "fair_value": 471.475718, "relative_strength": -16.390122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.264699, "energy": 81.250236, "activity_lines": [ 449.623401, 460.613408, 482.633852, 493.525539 ] }, { "date": "2024-12-20", "close": 424.957825, "volume": 430850, "typical_volume": 1264645.85, "trend": 500.295828, "fair_value": 470.88281, "relative_strength": -15.14327, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.924757, "energy": 83.819157, "activity_lines": [ 440.464357, 452.323992, 475.635687, 488.528126 ] }, { "date": "2024-12-27", "close": 446.887909, "volume": 2760766, "typical_volume": 1367363.45, "trend": 499.417631, "fair_value": 470.303437, "relative_strength": -11.327287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.918864, "energy": 59.510231, "activity_lines": [ 441.334279, 449.494997, 471.119011, 485.082454 ] }, { "date": "2025-01-03", "close": 450.013702, "volume": 1120472, "typical_volume": 1408575.55, "trend": 497.492545, "fair_value": 469.883151, "relative_strength": -11.05476, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.172954, "energy": 49.568514, "activity_lines": [ 443.173364, 448.12741, 467.205991, 481.895104 ] }, { "date": "2025-01-10", "close": 426.644775, "volume": 973227, "typical_volume": 1268682.05, "trend": 494.474262, "fair_value": 469.284306, "relative_strength": -13.184992, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.21331, "energy": 50.923488, "activity_lines": [ 437.705731, 442.893418, 461.271965, 477.32428 ] }, { "date": "2025-01-17", "close": 417.664307, "volume": 642057, "typical_volume": 835036.4, "trend": 491.538672, "fair_value": 468.832047, "relative_strength": -13.670841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.526936, "energy": 51.01956, "activity_lines": [ 430.911692, 437.070345, 455.11561, 472.368799 ] }, { "date": "2025-01-24", "close": 406.748871, "volume": 603680, "typical_volume": 800150.3, "trend": 488.407926, "fair_value": 468.294331, "relative_strength": -15.069451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.801524, "energy": 56.191997, "activity_lines": [ 422.083415, 430.509353, 448.684715, 466.898489 ] }, { "date": "2025-01-31", "close": 402.283478, "volume": 638374, "typical_volume": 775036.35, "trend": 483.477788, "fair_value": 467.554178, "relative_strength": -17.029579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.48973, "energy": 67.5254, "activity_lines": [ 412.980603, 424.209071, 442.507807, 461.342073 ] }, { "date": "2025-02-07", "close": 414.077637, "volume": 750335, "typical_volume": 783823.85, "trend": 479.663524, "fair_value": 466.926642, "relative_strength": -14.249767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.334955, "energy": 61.104845, "activity_lines": [ 410.782807, 420.844325, 438.019061, 456.864644 ] }, { "date": "2025-02-14", "close": 409.303284, "volume": 1011163, "typical_volume": 775201.25, "trend": 476.333461, "fair_value": 466.394204, "relative_strength": -12.413214, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.252516, "energy": 50.021078, "activity_lines": [ 409.389297, 417.396605, 433.583416, 452.325274 ] }, { "date": "2025-02-21", "close": 386.028198, "volume": 635354, "typical_volume": 761776.15, "trend": 471.77937, "fair_value": 465.908561, "relative_strength": -16.376828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.33142, "energy": 54.241598, "activity_lines": [ 401.393524, 410.487011, 427.41249, 446.499128 ] }, { "date": "2025-02-28", "close": 349.474396, "volume": 414200, "typical_volume": 749329.25, "trend": 466.512897, "fair_value": 465.328866, "relative_strength": -21.511195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.139783, "energy": 63.319594, "activity_lines": [ 383.322225, 397.943992, 418.361927, 438.608484 ] }, { "date": "2025-03-07", "close": 369.118958, "volume": 703621, "typical_volume": 763225.15, "trend": 461.778857, "fair_value": 464.742746, "relative_strength": -18.309845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.597754, "energy": 59.893231, "activity_lines": [ 375.617412, 390.345138, 411.92754, 432.325004 ] }, { "date": "2025-03-14", "close": 338.383911, "volume": 703640, "typical_volume": 762744.65, "trend": 456.625627, "fair_value": 464.031482, "relative_strength": -24.207649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.47292, "energy": 77.137173, "activity_lines": [ 359.87855, 378.572074, 403.170237, 424.36404 ] }, { "date": "2025-03-21", "close": 355.98941, "volume": 825772, "typical_volume": 786482.25, "trend": 449.839772, "fair_value": 463.540411, "relative_strength": -23.132572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.118336, "energy": 67.746011, "activity_lines": [ 355.054437, 372.029643, 396.721395, 417.871381 ] }, { "date": "2025-03-28", "close": 338.483368, "volume": 1742577, "typical_volume": 844614.3, "trend": 441.845227, "fair_value": 462.802238, "relative_strength": -27.09045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.74319, "energy": 67.393826, "activity_lines": [ 347.949235, 363.588938, 389.215122, 410.687097 ] }, { "date": "2025-04-04", "close": 331.122864, "volume": 935609, "typical_volume": 863470.15, "trend": 434.569529, "fair_value": 461.682519, "relative_strength": -26.239602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.16552, "energy": 67.003637, "activity_lines": [ 341.560187, 355.249613, 381.71142, 403.543718 ] }, { "date": "2025-04-11", "close": 327.392883, "volume": 486744, "typical_volume": 859314.1, "trend": 428.118811, "fair_value": 460.555038, "relative_strength": -26.258148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.521466, "energy": 64.435996, "activity_lines": [ 335.151247, 347.607128, 374.493524, 396.629096 ] }, { "date": "2025-04-18", "close": 355.54184, "volume": 534174, "typical_volume": 858107.55, "trend": 422.613006, "fair_value": 459.722937, "relative_strength": -22.797776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.755361, "energy": 51.32772, "activity_lines": [ 340.907031, 346.444283, 370.520307, 391.946711 ] }, { "date": "2025-04-25", "close": 348.927307, "volume": 777312, "typical_volume": 870074.75, "trend": 417.230719, "fair_value": 459.039046, "relative_strength": -24.237133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.379374, "energy": 45.448273, "activity_lines": [ 343.314109, 345.143082, 366.401496, 387.192795 ] }, { "date": "2025-05-02", "close": 345.794128, "volume": 788187, "typical_volume": 873905.7, "trend": 411.677838, "fair_value": 458.43291, "relative_strength": -25.266119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.892023, "energy": 36.536109, "activity_lines": [ 345.147601, 344.369957, 362.473447, 382.583982 ] }, { "date": "2025-05-09", "close": 416.4151, "volume": 12986981, "typical_volume": 1501712.25, "trend": 408.692338, "fair_value": 458.414041, "relative_strength": -8.415998, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.977604, "energy": 14.642711, "activity_lines": [ 370.034033, 357.168538, 365.728033, 382.889612 ] }, { "date": "2025-05-16", "close": 452.521362, "volume": 3408604, "typical_volume": 1534104.15, "trend": 407.242804, "fair_value": 458.653219, "relative_strength": -4.15128, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 18.434777, "energy": 27.77467, "activity_lines": [ 401.269737, 375.31479, 372.461989, 385.717291 ] }, { "date": "2025-05-23", "close": 471.668579, "volume": 1397619, "typical_volume": 1547961.5, "trend": 407.263398, "fair_value": 459.06358, "relative_strength": 0.811073, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 45.05117, "energy": 47.962601, "activity_lines": [ 430.545947, 395.425946, 380.992665, 389.873793 ] }, { "date": "2025-05-30", "close": 441.480591, "volume": 1761836, "typical_volume": 1587391.95, "trend": 405.844418, "fair_value": 459.172458, "relative_strength": -4.942997, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.457229, "energy": 55.486192, "activity_lines": [ 442.017712, 407.62502, 386.545175, 392.081354 ] }, { "date": "2025-06-06", "close": 459.682892, "volume": 1600433, "typical_volume": 1635310.75, "trend": 404.959412, "fair_value": 459.415115, "relative_strength": -1.678456, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.560285, "energy": 66.629438, "activity_lines": [ 453.386692, 421.579219, 393.760591, 395.554804 ] }, { "date": "2025-06-13", "close": 461.274353, "volume": 1336313, "typical_volume": 1671942.4, "trend": 404.810494, "fair_value": 459.825655, "relative_strength": 0.145365, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.87346, "energy": 67.630314, "activity_lines": [ 457.693575, 433.619146, 400.927486, 399.188026 ] }, { "date": "2025-06-20", "close": 438.297668, "volume": 802874, "typical_volume": 1680167.4, "trend": 404.560537, "fair_value": 460.151919, "relative_strength": -5.940513, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.688412, "energy": 41.271148, "activity_lines": [ 451.350946, 439.115103, 405.646481, 401.348488 ] }, { "date": "2025-06-27", "close": 450.780701, "volume": 1231034, "typical_volume": 1704202.35, "trend": 404.344641, "fair_value": 460.523689, "relative_strength": -4.921949, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.820434, "energy": 36.689913, "activity_lines": [ 450.117574, 444.864252, 411.382839, 404.330434 ] }, { "date": "2025-07-04", "close": 484.847839, "volume": 3030723, "typical_volume": 1805180.35, "trend": 405.451201, "fair_value": 461.089775, "relative_strength": 3.357971, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.86922, "energy": 51.553514, "activity_lines": [ 461.63244, 455.07581, 420.18891, 409.524189 ] }, { "date": "2025-07-11", "close": 471.071777, "volume": 1111830, "typical_volume": 1829004.15, "trend": 406.42933, "fair_value": 461.336412, "relative_strength": 1.965814, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.443033, "energy": 46.921327, "activity_lines": [ 465.664136, 460.311347, 427.32324, 413.757775 ] }, { "date": "2025-07-18", "close": 520.406982, "volume": 9688009, "typical_volume": 2292694.6, "trend": 409.610969, "fair_value": 461.946795, "relative_strength": 13.453182, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.734129, "energy": 66.047504, "activity_lines": [ 485.38164, 472.239147, 438.751191, 421.111172 ] }, { "date": "2025-07-25", "close": 534.879333, "volume": 4292370, "typical_volume": 2472132.05, "trend": 412.544016, "fair_value": 462.722774, "relative_strength": 17.165035, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.330022, "energy": 78.538467, "activity_lines": [ 505.981087, 484.907521, 450.743496, 429.193002 ] }, { "date": "2025-08-01", "close": 486.837189, "volume": 1504487, "typical_volume": 2512174.4, "trend": 413.771466, "fair_value": 463.141714, "relative_strength": 7.901138, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.206551, "energy": 57.647316, "activity_lines": [ 504.127708, 487.343542, 457.371024, 433.986109 ] }, { "date": "2025-08-08", "close": 489.124878, "volume": 900233, "typical_volume": 2515897.45, "trend": 415.854136, "fair_value": 463.562652, "relative_strength": 9.410323, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.836269, "energy": 56.517933, "activity_lines": [ 500.633126, 489.919714, 463.509507, 438.84762 ] }, { "date": "2025-08-15", "close": 484.052094, "volume": 311928, "typical_volume": 2444365.0, "trend": 418.067062, "fair_value": 463.837403, "relative_strength": 7.146485, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.991197, "energy": 44.918344, "activity_lines": [ 495.16248, 490.707302, 468.530889, 443.247488 ] }, { "date": "2025-08-22", "close": 480.471313, "volume": 1010861, "typical_volume": 2448127.6, "trend": 420.524477, "fair_value": 464.143343, "relative_strength": 5.689816, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.219718, "energy": 29.037544, "activity_lines": [ 487.632886, 490.400762, 472.51806, 447.273569 ] }, { "date": "2025-08-29", "close": 467.043396, "volume": 462207, "typical_volume": 2446900.75, "trend": 422.683141, "fair_value": 464.377772, "relative_strength": 5.019772, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.130132, "energy": 22.611873, "activity_lines": [ 478.289697, 487.303747, 474.515199, 450.274789 ] }, { "date": "2025-09-05", "close": 468.634857, "volume": 871968, "typical_volume": 2463790.45, "trend": 424.501715, "fair_value": 464.408994, "relative_strength": 4.388558, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.64882, "energy": 19.436952, "activity_lines": [ 473.999392, 483.97344, 475.998903, 453.239416 ] }, { "date": "2025-09-12", "close": 506.929321, "volume": 1475011, "typical_volume": 2498675.4, "trend": 427.755916, "fair_value": 464.803163, "relative_strength": 11.283844, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.922468, "energy": 24.859721, "activity_lines": [ 483.687396, 487.281141, 480.59116, 458.557326 ] }, { "date": "2025-09-19", "close": 522.545471, "volume": 1015586, "typical_volume": 2510045.35, "trend": 432.306492, "fair_value": 465.193897, "relative_strength": 13.693746, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.053736, "energy": 37.257973, "activity_lines": [ 497.393821, 493.02666, 485.91828, 464.672781 ] }, { "date": "2025-09-26", "close": 467.441284, "volume": 1121296, "typical_volume": 1916761.1, "trend": 436.238722, "fair_value": 465.2219, "relative_strength": 4.537386, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.16068, "energy": 28.131456, "activity_lines": [ 490.165958, 487.817351, 485.155708, 466.939542 ] }, { "date": "2025-10-03", "close": 488.975677, "volume": 380253, "typical_volume": 1765343.55, "trend": 440.233946, "fair_value": 465.21538, "relative_strength": 8.397685, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.34058, "energy": 29.407892, "activity_lines": [ 490.984896, 487.486399, 486.201049, 470.341926 ] }, { "date": "2025-10-10", "close": 512.449707, "volume": 708654, "typical_volume": 1730895.3, "trend": 446.036139, "fair_value": 465.58446, "relative_strength": 11.84454, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.272047, "energy": 32.80359, "activity_lines": [ 498.166357, 492.258064, 489.308421, 475.001008 ] }, { "date": "2025-10-17", "close": 514.886658, "volume": 716749, "typical_volume": 1678640.95, "trend": 451.332714, "fair_value": 465.966944, "relative_strength": 10.512736, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.679165, "energy": 31.693733, "activity_lines": [ 503.239146, 497.007129, 492.453687, 479.442977 ] }, { "date": "2025-10-24", "close": 491.313141, "volume": 288670, "typical_volume": 1613052.8, "trend": 456.42704, "fair_value": 466.160637, "relative_strength": 5.152703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.171813, "energy": 29.872445, "activity_lines": [ 499.923606, 497.001704, 493.004303, 482.022359 ] }, { "date": "2025-10-31", "close": 488.478363, "volume": 981220, "typical_volume": 1595298.15, "trend": 461.672223, "fair_value": 466.355473, "relative_strength": 4.946031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.678077, "energy": 27.575697, "activity_lines": [ 497.745296, 496.348846, 493.13432, 484.090187 ] }, { "date": "2025-11-07", "close": 488.826508, "volume": 713746, "typical_volume": 1590841.75, "trend": 467.053344, "fair_value": 466.543992, "relative_strength": 6.075744, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.034186, "energy": 17.590674, "activity_lines": [ 494.280563, 495.613705, 493.167951, 485.842076 ] }, { "date": "2025-11-14", "close": 460.975983, "volume": 3321906, "typical_volume": 1695385.35, "trend": 470.567815, "fair_value": 466.561581, "relative_strength": -1.370837, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.555208, "energy": 8.227567, "activity_lines": [ 481.542265, 489.418775, 490.308538, 485.449988 ] }, { "date": "2025-11-21", "close": 439.739929, "volume": 893027, "typical_volume": 1588500.55, "trend": 473.594902, "fair_value": 466.527898, "relative_strength": -6.307461, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.24519, "energy": 27.669204, "activity_lines": [ 465.156865, 479.501996, 485.378094, 483.461092 ] }, { "date": "2025-11-28", "close": 422.582031, "volume": 842871, "typical_volume": 1575052.6, "trend": 476.154499, "fair_value": 466.412093, "relative_strength": -10.155596, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -45.20154, "energy": 55.520004, "activity_lines": [ 448.061947, 467.687225, 479.028364, 480.169939 ] }, { "date": "2025-12-05", "close": 402.837982, "volume": 968933, "typical_volume": 1139098.8, "trend": 475.701929, "fair_value": 466.098164, "relative_strength": -14.03058, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -78.256894, "energy": 78.672933, "activity_lines": [ 428.967753, 454.100144, 471.029152, 475.439841 ] }, { "date": "2025-12-12", "close": 392.592987, "volume": 1064741, "typical_volume": 977717.35, "trend": 473.704316, "fair_value": 465.713496, "relative_strength": -15.517479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.540505, "energy": 85.584114, "activity_lines": [ 412.16792, 439.824942, 462.614079, 470.077974 ] }, { "date": "2025-12-19", "close": 379.513153, "volume": 580408, "typical_volume": 931513.4, "trend": 470.632469, "fair_value": 465.264615, "relative_strength": -17.777412, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.038698, "energy": 89.505372, "activity_lines": [ 397.42371, 424.924001, 453.630862, 464.001125 ] }, { "date": "2025-12-26", "close": 415.072296, "volume": 1393455, "typical_volume": 956174.5, "trend": 469.752192, "fair_value": 465.011696, "relative_strength": -10.060359, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.743934, "energy": 82.482203, "activity_lines": [ 399.963403, 418.905387, 448.545296, 460.416598 ] }, { "date": "2026-01-02", "close": 408.756226, "volume": 453777, "typical_volume": 963266.95, "trend": 468.054637, "fair_value": 464.807264, "relative_strength": -12.084556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.364404, "energy": 74.862472, "activity_lines": [ 402.042249, 413.553203, 443.210831, 456.481374 ] }, { "date": "2026-01-09", "close": 382.696075, "volume": 447670, "typical_volume": 935107.4, "trend": 465.435361, "fair_value": 464.42818, "relative_strength": -15.316648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.297857, "energy": 64.853618, "activity_lines": [ 396.356097, 404.963844, 435.752999, 450.97437 ] }, { "date": "2026-01-16", "close": 383.243134, "volume": 464268, "typical_volume": 935210.45, "trend": 463.60021, "fair_value": 464.191287, "relative_strength": -14.945299, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.827656, "energy": 56.979278, "activity_lines": [ 392.195093, 398.397266, 428.812863, 445.671646 ] }, { "date": "2026-01-23", "close": 368.074554, "volume": 488515, "typical_volume": 916037.8, "trend": 460.843338, "fair_value": 463.953416, "relative_strength": -15.936821, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.105776, "energy": 62.597389, "activity_lines": [ 383.601219, 390.992461, 420.827151, 439.5087 ] }, { "date": "2026-01-30", "close": 379.015839, "volume": 474639, "typical_volume": 866019.2, "trend": 457.315605, "fair_value": 463.728054, "relative_strength": -14.16542, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.559364, "energy": 65.999453, "activity_lines": [ 379.417013, 387.266098, 414.362323, 434.229507 ] }, { "date": "2026-02-06", "close": 372.649994, "volume": 1605658, "typical_volume": 895522.8, "trend": 454.034878, "fair_value": 463.688436, "relative_strength": -16.549688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.52891, "energy": 56.540349, "activity_lines": [ 375.514622, 383.486383, 407.900337, 428.767209 ] }, { "date": "2026-02-13", "close": 371.700012, "volume": 509156, "typical_volume": 864915.8, "trend": 449.077979, "fair_value": 463.666219, "relative_strength": -15.731228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.861089, "energy": 59.0623, "activity_lines": [ 373.702653, 380.441799, 402.061664, 423.455282 ] }, { "date": "2026-02-20", "close": 372.299988, "volume": 439756, "typical_volume": 867890.95, "trend": 443.658668, "fair_value": 463.74181, "relative_strength": -15.703473, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.509255, "energy": 55.442801, "activity_lines": [ 372.823747, 378.072446, 396.736043, 418.501864 ] }, { "date": "2026-02-27", "close": 367.0, "volume": 415189, "typical_volume": 853217.7, "trend": 439.664095, "fair_value": 463.768824, "relative_strength": -15.493037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.453125, "energy": 55.553088, "activity_lines": [ 370.907721, 375.108423, 391.461259, 413.556143 ] }, { "date": "2026-03-06", "close": 357.100006, "volume": 418597, "typical_volume": 838310.1, "trend": 435.263266, "fair_value": 463.898397, "relative_strength": -15.157014, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.367907, "energy": 59.494432, "activity_lines": [ 365.763334, 370.571913, 385.936237, 408.229428 ] }, { "date": "2026-03-13", "close": 347.75, "volume": 716418, "typical_volume": 859697.5, "trend": 430.719863, "fair_value": 464.114373, "relative_strength": -12.732836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.546539, "energy": 61.185255, "activity_lines": [ 358.963334, 365.389443, 380.272103, 402.583411 ] }, { "date": "2026-03-20", "close": 343.149994, "volume": 802555, "typical_volume": 850764.25, "trend": 426.142486, "fair_value": 463.859622, "relative_strength": -13.712296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.036078, "energy": 64.765437, "activity_lines": [ 352.289998, 360.479813, 374.853506, 396.933742 ] }, { "date": "2026-03-27", "close": 330.700012, "volume": 584976, "typical_volume": 844325.75, "trend": 421.597706, "fair_value": 463.835201, "relative_strength": -15.777727, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.218552, "energy": 81.408447, "activity_lines": [ 343.370003, 354.025569, 368.941238, 390.776163 ] }, { "date": "2026-04-03", "close": 352.700012, "volume": 474533, "typical_volume": 701957.1, "trend": 417.733211, "fair_value": 463.633733, "relative_strength": -9.861583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.513059, "energy": 57.076008, "activity_lines": [ 344.556673, 352.526655, 365.87719, 386.33115 ] }, { "date": "2026-04-10", "close": 355.100006, "volume": 655002, "typical_volume": 690055.85, "trend": 412.672234, "fair_value": 463.26925, "relative_strength": -14.335586, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.210151, "energy": 50.859449, "activity_lines": [ 347.496673, 351.743641, 363.557314, 382.290298 ] }, { "date": "2026-04-17", "close": 373.200012, "volume": 537638, "typical_volume": 674794.2, "trend": 407.694052, "fair_value": 462.974446, "relative_strength": -11.130529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.792308, "energy": 33.464988, "activity_lines": [ 356.603343, 354.68637, 363.364294, 379.743703 ] }, { "date": "2026-04-24", "close": 366.700012, "volume": 777622, "typical_volume": 665228.65, "trend": 404.33601, "fair_value": 462.653212, "relative_strength": -11.095875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.772697, "energy": 20.696973, "activity_lines": [ 361.846677, 356.43728, 362.78738, 377.098926 ] }, { "date": "2026-05-01", "close": 376.299988, "volume": 529758, "typical_volume": 638479.5, "trend": 400.580153, "fair_value": 462.235433, "relative_strength": -9.296432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.919166, "energy": 20.714882, "activity_lines": [ 368.720003, 360.02455, 363.296834, 375.290151 ] }, { "date": "2026-05-08", "close": 387.899994, "volume": 1080007, "typical_volume": 663459.45, "trend": 396.428496, "fair_value": 461.787576, "relative_strength": -7.056666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 4.131843, "energy": 18.391789, "activity_lines": [ 376.419999, 365.648184, 364.988637, 374.472076 ] }, { "date": "2026-05-15", "close": 367.75, "volume": 802853, "typical_volume": 633929.35, "trend": 391.523941, "fair_value": 461.228011, "relative_strength": -9.644721, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.221535, "energy": 15.896056, "activity_lines": [ 375.056665, 367.228184, 364.721455, 372.62185 ] }, { "date": "2026-05-22", "close": 389.950012, "volume": 795771, "typical_volume": 651029.05, "trend": 388.14517, "fair_value": 460.887892, "relative_strength": -4.224861, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.561307, "energy": 17.278662, "activity_lines": [ 380.250002, 372.650913, 366.793905, 372.520307 ] }, { "date": "2026-05-29", "close": 380.399994, "volume": 697097, "typical_volume": 663500.4, "trend": 384.542558, "fair_value": 460.429097, "relative_strength": -5.712026, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.229405, "energy": 14.634058, "activity_lines": [ 381.143333, 375.570002, 368.046382, 372.020618 ] }, { "date": "2026-06-05", "close": 376.850006, "volume": 106175, "typical_volume": 645595.75, "trend": 380.810008, "fair_value": 459.857077, "relative_strength": -5.629079, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.843609, "energy": 10.933594, "activity_lines": [ 379.940002, 377.166366, 368.971699, 371.524324 ] }, { "date": "2026-06-12", "close": 371.700012, "volume": 141724, "typical_volume": 628256.2, "trend": 377.834142, "fair_value": 459.288232, "relative_strength": -7.624065, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.139634, "energy": 13.451414, "activity_lines": [ 376.983339, 376.987276, 369.436984, 370.936583 ] }, { "date": "2026-06-19", "close": 370.350006, "volume": 135646, "typical_volume": 611306.55, "trend": 375.521145, "fair_value": 458.84247, "relative_strength": -9.24712, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.687621, "energy": 4.204145, "activity_lines": [ 374.656673, 376.217277, 369.756432, 370.453735 ] }, { "date": "2026-06-26", "close": 372.700012, "volume": 0, "typical_volume": 531023.65, "trend": 373.858411, "fair_value": 458.278766, "relative_strength": -8.618046, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.367066, "energy": 6.157062, "activity_lines": [ 372.940008, 375.597278, 370.340957, 370.271726 ] }, { "date": "2026-07-03", "close": 386.600006, "volume": 191215, "typical_volume": 515126.6, "trend": 373.317145, "fair_value": 457.768611, "relative_strength": -5.715971, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.783171, "energy": 8.804487, "activity_lines": [ 377.006675, 377.513642, 372.249053, 371.093765 ] }, { "date": "2026-07-10", "close": 396.799988, "volume": 956123, "typical_volume": 540944.95, "trend": 373.457378, "fair_value": 457.150519, "relative_strength": -2.713773, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.954338, "energy": 33.972823, "activity_lines": [ 384.060002, 380.922731, 375.057623, 372.608787 ] }, { "date": "2026-07-17", "close": 422.299988, "volume": 1840358, "typical_volume": 612203.4, "trend": 374.883606, "fair_value": 456.616212, "relative_strength": 3.407902, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 79.803547, "energy": 71.899256, "activity_lines": [ 398.283329, 388.595455, 380.178097, 375.759923 ] }, { "date": "2026-07-24", "close": 404.5, "volume": 818194, "typical_volume": 632183.25, "trend": 374.531196, "fair_value": 455.491011, "relative_strength": 1.939148, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.224886, "energy": 69.354083, "activity_lines": [ 403.199996, 392.406364, 383.340002, 377.670658 ] }, { "date": "2026-07-31", "close": 422.75, "volume": 646997, "typical_volume": 628712.2, "trend": 374.997655, "fair_value": 454.559617, "relative_strength": 4.143826, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.160669, "energy": 78.21272, "activity_lines": [ 411.92333, 398.867272, 388.014287, 380.781549 ] }, { "date": "2026-08-07", "close": 416.200012, "volume": 851597, "typical_volume": 631164.3, "trend": 376.114453, "fair_value": 453.580204, "relative_strength": 2.11981, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.908281, "energy": 75.537563, "activity_lines": [ 415.126668, 403.540911, 391.707621, 383.439765 ] } ], "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." } } }