{ "ticker": { "uuid": "8b985b06-e8ee-455b-a7c8-b6a4aa3d8c14", "symbol": "ADOR", "name": "Ador Welding Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 78.551, "architecture_energy": 91.173, "architecture_maturity": 36.0, "architecture_confidence": 83.098, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 0.0, "rotation_up": 85.41, "upward_expansion": 99.73, "deceleration": 39.1, "rotation_down": 8.82, "downward_expansion": 21.73 }, "activity_lines": [ 1449.955558, 1374.861217, 1258.205682, 1185.528644 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 1483.400024, "trend_reference": 1112.598753, "distance_from_trend": 0.333275, "trend_direction": "Improving", "fair_value": 1159.632413, "distance_from_fair_value": 0.279198, "fair_value_direction": "Improving", "relative_strength": 38.464287, "relative_strength_direction": "Improving", "price_momentum": 0.405667, "excess_performance": 0.449376, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.333275, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.081686, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.279198, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.340761, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.384643, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.288598, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.405667, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.05423, "read": "Demand-led" } ], "volume": { "latest": 167795, "relative_activity": 0.830637, "balance": 5.05423, "dry_up": 2.107525, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.06054, "annualized_volatility": 0.323733, "from_high_reference": -0.071133, "from_low_reference": 0.749292 }, "levels": { "trend_reference": 1112.598753, "fair_value_reference": 1159.632413, "structural_low": 848.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": -0.010636, "positive_rate": 0.473684, "directional_follow_through": 0.473684, "median_excess_return": -0.017223, "regime_survival": 0.578947, "best_return": 0.159119, "worst_return": -0.12312, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.075379, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.026778, "regime_survival": 0.333333, "best_return": 0.175426, "worst_return": -0.124604, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.081606, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.047452, "regime_survival": 0.0, "best_return": 0.194855, "worst_return": -0.136051, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.381172, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.203307, "regime_survival": 0.5, "best_return": 0.438365, "worst_return": 0.123907, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-23", "end": "2024-04-19", "tenure": "Developing", "return": -0.020492, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-26", "end": "2024-05-10", "tenure": "New", "return": -0.112273, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-17", "end": "2024-06-28", "tenure": "Developing", "return": 0.031679, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-05", "end": "2024-10-25", "tenure": "Established", "return": -0.13589, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-01", "end": "2025-06-06", "tenure": "Extended", "return": -0.24891, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-18", "tenure": "Developing", "return": 0.109194, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-08-08", "tenure": "New", "return": -0.029643, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-10-17", "tenure": "Developing", "return": 0.272071, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-24", "end": "2025-11-28", "tenure": "Developing", "return": -0.043091, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2026-02-27", "tenure": "Established", "return": -0.010704, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.101353, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-05-08", "tenure": "Developing", "return": 0.240863, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-15", "end": "2026-06-12", "tenure": "Developing", "return": 0.087511, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.240443, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1061.306152, "volume": 132514, "typical_volume": 238676.3, "trend": 999.66308, "fair_value": 645.695999, "relative_strength": 7.904086, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.691718, "energy": 17.055721, "activity_lines": [ 1090.690665, 1115.742966, 1112.289155, 1069.739992 ] }, { "date": "2023-08-25", "close": 1143.921021, "volume": 182798, "typical_volume": 239609.35, "trend": 1012.886924, "fair_value": 651.377004, "relative_strength": 15.907351, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.792955, "energy": 21.593922, "activity_lines": [ 1099.684985, 1120.132111, 1117.467698, 1079.046956 ] }, { "date": "2023-09-01", "close": 1159.369019, "volume": 84004, "typical_volume": 236164.5, "trend": 1025.03221, "fair_value": 657.252251, "relative_strength": 15.965861, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.02484, "energy": 17.73805, "activity_lines": [ 1117.031665, 1127.407298, 1123.201009, 1088.497414 ] }, { "date": "2023-09-08", "close": 1114.913818, "volume": 114924, "typical_volume": 224803.3, "trend": 1035.136898, "fair_value": 662.864826, "relative_strength": 9.106067, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.141228, "energy": 16.668839, "activity_lines": [ 1122.487671, 1124.602239, 1123.645873, 1094.296227 ] }, { "date": "2023-09-15", "close": 1060.918701, "volume": 140741, "typical_volume": 225091.35, "trend": 1042.516858, "fair_value": 668.007738, "relative_strength": 1.816709, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.450293, "energy": 9.253621, "activity_lines": [ 1106.100269, 1110.751607, 1118.468146, 1095.95957 ] }, { "date": "2023-09-22", "close": 1076.027588, "volume": 148906, "typical_volume": 223974.45, "trend": 1051.37628, "fair_value": 673.447879, "relative_strength": 5.92481, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.225175, "energy": 5.826118, "activity_lines": [ 1095.414217, 1101.224072, 1114.433734, 1098.121552 ] }, { "date": "2023-09-29", "close": 1071.766113, "volume": 65302, "typical_volume": 210565.4, "trend": 1060.050671, "fair_value": 678.842623, "relative_strength": 5.56126, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.454051, "energy": 10.813463, "activity_lines": [ 1082.326245, 1093.548085, 1109.866954, 1099.437025 ] }, { "date": "2023-10-06", "close": 1073.703247, "volume": 37840, "typical_volume": 203116.4, "trend": 1068.719592, "fair_value": 684.201273, "relative_strength": 5.462514, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 5.803622, "energy": 14.185347, "activity_lines": [ 1074.694311, 1088.409763, 1105.752537, 1100.317837 ] }, { "date": "2023-10-13", "close": 1094.090576, "volume": 94227, "typical_volume": 194107.6, "trend": 1077.953473, "fair_value": 689.752983, "relative_strength": 6.689035, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 6.551882, "energy": 11.94632, "activity_lines": [ 1079.569206, 1089.33426, 1103.74268, 1101.954674 ] }, { "date": "2023-10-20", "close": 1211.669189, "volume": 235682, "typical_volume": 189001.85, "trend": 1089.220239, "fair_value": 696.050267, "relative_strength": 18.809591, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.640654, "energy": 21.567119, "activity_lines": [ 1125.025187, 1110.966644, 1113.323634, 1110.581495 ] }, { "date": "2023-10-27", "close": 1137.093018, "volume": 137548, "typical_volume": 183593.55, "trend": 1097.813289, "fair_value": 701.891193, "relative_strength": 13.846575, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.009915, "energy": 24.124677, "activity_lines": [ 1135.572412, 1116.480185, 1115.271411, 1113.670061 ] }, { "date": "2023-11-03", "close": 1174.865356, "volume": 112053, "typical_volume": 179430.3, "trend": 1105.260057, "fair_value": 707.950747, "relative_strength": 15.906007, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 54.588076, "energy": 41.216132, "activity_lines": [ 1154.639388, 1127.48348, 1120.776304, 1118.641162 ] }, { "date": "2023-11-10", "close": 1455.446045, "volume": 1457701, "typical_volume": 242688.8, "trend": 1122.511613, "fair_value": 715.813114, "relative_strength": 40.492798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.890265, "energy": 82.360675, "activity_lines": [ 1260.359977, 1188.938823, 1152.876063, 1141.233807 ] }, { "date": "2023-11-17", "close": 1479.852661, "volume": 635806, "typical_volume": 269391.85, "trend": 1138.037642, "fair_value": 723.71924, "relative_strength": 39.066367, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.620043, "energy": 89.713365, "activity_lines": [ 1348.766585, 1249.448513, 1185.367221, 1164.288068 ] }, { "date": "2023-11-24", "close": 1462.080444, "volume": 185851, "typical_volume": 264902.05, "trend": 1153.479081, "fair_value": 731.50873, "relative_strength": 35.534341, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.900982, "energy": 92.170695, "activity_lines": [ 1405.531649, 1300.091639, 1214.10629, 1185.194055 ] }, { "date": "2023-12-01", "close": 1475.155518, "volume": 89554, "typical_volume": 260439.2, "trend": 1167.668945, "fair_value": 739.415481, "relative_strength": 32.236109, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.374417, "energy": 90.741043, "activity_lines": [ 1449.960986, 1345.818202, 1242.59308, 1205.947373 ] }, { "date": "2023-12-08", "close": 1392.685791, "volume": 149529, "typical_volume": 257225.45, "trend": 1176.491142, "fair_value": 746.764654, "relative_strength": 19.756275, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.276878, "energy": 84.630474, "activity_lines": [ 1444.362915, 1369.293397, 1262.012857, 1220.464589 ] }, { "date": "2023-12-15", "close": 1407.843262, "volume": 102003, "typical_volume": 249314.35, "trend": 1186.488782, "fair_value": 754.107939, "relative_strength": 17.40672, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.482678, "energy": 62.348138, "activity_lines": [ 1429.295972, 1389.689593, 1281.920396, 1235.390533 ] }, { "date": "2023-12-22", "close": 1451.765625, "volume": 127111, "typical_volume": 223044.6, "trend": 1195.661344, "fair_value": 761.823775, "relative_strength": 20.583574, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.289793, "energy": 55.783978, "activity_lines": [ 1432.043335, 1411.9964, 1305.03693, 1252.505168 ] }, { "date": "2023-12-29", "close": 1465.082764, "volume": 62420, "typical_volume": 214825.7, "trend": 1207.823258, "fair_value": 769.561701, "relative_strength": 18.632254, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.075022, "energy": 50.574198, "activity_lines": [ 1441.102214, 1430.221322, 1327.543062, 1269.887195 ] }, { "date": "2024-01-05", "close": 1493.363647, "volume": 614470, "typical_volume": 238923.5, "trend": 1219.980688, "fair_value": 777.263063, "relative_strength": 20.054266, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.475833, "energy": 48.580203, "activity_lines": [ 1459.387899, 1448.980704, 1350.865524, 1288.309155 ] }, { "date": "2024-01-12", "close": 1516.414429, "volume": 80480, "typical_volume": 233807.6, "trend": 1232.255391, "fair_value": 785.236329, "relative_strength": 19.795006, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.717337, "energy": 50.411596, "activity_lines": [ 1484.143302, 1465.453489, 1374.325882, 1307.433913 ] }, { "date": "2024-01-19", "close": 1537.479736, "volume": 84794, "typical_volume": 233847.1, "trend": 1248.52113, "fair_value": 793.441652, "relative_strength": 21.839513, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.133806, "energy": 52.285929, "activity_lines": [ 1507.671899, 1479.546347, 1398.018681, 1327.125806 ] }, { "date": "2024-01-26", "close": 1518.254639, "volume": 39048, "typical_volume": 230053.3, "trend": 1264.217672, "fair_value": 801.555979, "relative_strength": 20.696409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.011745, "energy": 50.622304, "activity_lines": [ 1516.149699, 1488.652211, 1418.079992, 1344.527968 ] }, { "date": "2024-02-02", "close": 1477.479858, "volume": 251425, "typical_volume": 235587.5, "trend": 1275.21366, "fair_value": 809.249533, "relative_strength": 13.90307, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.421262, "energy": 43.298521, "activity_lines": [ 1506.603304, 1489.64626, 1432.33732, 1358.286818 ] }, { "date": "2024-02-09", "close": 1436.414551, "volume": 106325, "typical_volume": 233458.45, "trend": 1282.411564, "fair_value": 816.634649, "relative_strength": 10.367284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.372393, "energy": 33.737804, "activity_lines": [ 1482.542, 1482.893901, 1440.700041, 1368.686876 ] }, { "date": "2024-02-16", "close": 1400.530884, "volume": 219374, "typical_volume": 241162.05, "trend": 1289.363713, "fair_value": 823.685788, "relative_strength": 5.778999, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.774801, "energy": 22.276009, "activity_lines": [ 1450.316081, 1470.32162, 1443.929142, 1376.307477 ] }, { "date": "2024-02-23", "close": 1417.86731, "volume": 49185, "typical_volume": 241729.3, "trend": 1296.516459, "fair_value": 830.839922, "relative_strength": 5.669166, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.809383, "energy": 19.908626, "activity_lines": [ 1431.59454, 1460.758778, 1447.243785, 1384.598032 ] }, { "date": "2024-03-01", "close": 1409.973999, "volume": 77392, "typical_volume": 240887.55, "trend": 1308.274316, "fair_value": 838.048014, "relative_strength": 3.925741, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.042302, "energy": 19.077732, "activity_lines": [ 1418.216056, 1449.578533, 1448.167807, 1391.917873 ] }, { "date": "2024-03-08", "close": 1442.709961, "volume": 261871, "typical_volume": 242197.0, "trend": 1320.668164, "fair_value": 845.348138, "relative_strength": 5.027724, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.585377, "energy": 13.451163, "activity_lines": [ 1422.96827, 1445.11013, 1450.705333, 1400.591141 ] }, { "date": "2024-03-15", "close": 1269.102417, "volume": 166393, "typical_volume": 243639.25, "trend": 1327.594706, "fair_value": 851.633019, "relative_strength": -5.929786, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.635784, "energy": 14.366507, "activity_lines": [ 1372.169295, 1409.483496, 1435.608614, 1397.264318 ] }, { "date": "2024-03-22", "close": 1336.608521, "volume": 107227, "typical_volume": 243397.95, "trend": 1334.017623, "fair_value": 858.382572, "relative_strength": -1.531157, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.934344, "energy": 14.802156, "activity_lines": [ 1355.026498, 1390.208177, 1426.31243, 1397.845855 ] }, { "date": "2024-03-29", "close": 1327.843262, "volume": 57221, "typical_volume": 173373.95, "trend": 1339.633431, "fair_value": 865.009949, "relative_strength": -3.451896, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.237445, "energy": 28.382716, "activity_lines": [ 1339.223438, 1372.608372, 1415.411255, 1397.447509 ] }, { "date": "2024-04-05", "close": 1368.714844, "volume": 105941, "typical_volume": 146880.7, "trend": 1348.093465, "fair_value": 871.776385, "relative_strength": -1.512814, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.603547, "energy": 31.962622, "activity_lines": [ 1343.045842, 1366.251336, 1409.010244, 1399.323729 ] }, { "date": "2024-04-12", "close": 1376.220947, "volume": 50746, "typical_volume": 140125.45, "trend": 1358.60354, "fair_value": 878.504761, "relative_strength": -1.259385, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.972455, "energy": 15.615773, "activity_lines": [ 1352.12089, 1363.977952, 1403.853327, 1401.138405 ] }, { "date": "2024-04-19", "close": 1388.811768, "volume": 47712, "typical_volume": 138033.35, "trend": 1369.029679, "fair_value": 885.22315, "relative_strength": 1.156995, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.412401, "energy": 8.816264, "activity_lines": [ 1369.82548, 1365.834879, 1400.304391, 1403.087323 ] }, { "date": "2024-04-26", "close": 1416.463013, "volume": 118106, "typical_volume": 136462.2, "trend": 1380.519576, "fair_value": 892.003086, "relative_strength": 1.666231, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.139084, "energy": 6.014723, "activity_lines": [ 1388.766529, 1373.58481, 1399.800067, 1406.147538 ] }, { "date": "2024-05-03", "close": 1326.196899, "volume": 384978, "typical_volume": 150610.95, "trend": 1388.936031, "fair_value": 898.063677, "relative_strength": -5.076502, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.034718, "energy": 8.266418, "activity_lines": [ 1372.295239, 1364.633046, 1390.585746, 1402.642849 ] }, { "date": "2024-05-10", "close": 1257.431763, "volume": 107820, "typical_volume": 149646.4, "trend": 1394.380737, "fair_value": 903.713296, "relative_strength": -8.151775, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.837077, "energy": 32.833675, "activity_lines": [ 1333.011996, 1344.845264, 1375.211156, 1394.158703 ] }, { "date": "2024-05-17", "close": 1343.874512, "volume": 94528, "typical_volume": 151251.8, "trend": 1398.787581, "fair_value": 909.868825, "relative_strength": -3.601782, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.299172, "energy": 36.995334, "activity_lines": [ 1329.961874, 1343.547841, 1368.994609, 1390.900237 ] }, { "date": "2024-05-24", "close": 1364.596313, "volume": 63627, "typical_volume": 123709.65, "trend": 1406.371025, "fair_value": 916.094813, "relative_strength": -4.085233, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.903389, "energy": 36.604655, "activity_lines": [ 1335.975448, 1347.815026, 1365.328748, 1388.694349 ] }, { "date": "2024-05-31", "close": 1241.345581, "volume": 516528, "typical_volume": 145512.05, "trend": 1408.587032, "fair_value": 920.814501, "relative_strength": -10.97916, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.852065, "energy": 48.518903, "activity_lines": [ 1302.519808, 1327.936734, 1350.537901, 1378.047546 ] }, { "date": "2024-06-07", "close": 1233.783691, "volume": 128125, "typical_volume": 147678.6, "trend": 1401.198287, "fair_value": 925.034945, "relative_strength": -14.197967, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.450869, "energy": 43.721285, "activity_lines": [ 1278.218034, 1308.415607, 1336.336725, 1366.769911 ] }, { "date": "2024-06-14", "close": 1357.819946, "volume": 960497, "typical_volume": 193751.05, "trend": 1397.13053, "fair_value": 930.077611, "relative_strength": -6.186739, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.071633, "energy": 28.519515, "activity_lines": [ 1301.422558, 1313.1567, 1335.394697, 1363.971308 ] }, { "date": "2024-06-21", "close": 1319.224365, "volume": 147124, "typical_volume": 188536.0, "trend": 1392.368661, "fair_value": 934.937352, "relative_strength": -8.988407, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.365855, "energy": 27.900582, "activity_lines": [ 1305.069344, 1311.078504, 1331.540874, 1358.945104 ] }, { "date": "2024-06-28", "close": 1386.44751, "volume": 221355, "typical_volume": 194287.5, "trend": 1389.411727, "fair_value": 939.714565, "relative_strength": -6.472635, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.139787, "energy": 12.203152, "activity_lines": [ 1332.767187, 1322.259, 1334.842854, 1358.563094 ] }, { "date": "2024-07-05", "close": 1404.566772, "volume": 154299, "typical_volume": 191033.75, "trend": 1389.80776, "fair_value": 944.756778, "relative_strength": -6.423369, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.828816, "energy": 13.966077, "activity_lines": [ 1365.048039, 1336.776893, 1340.108415, 1359.540839 ] }, { "date": "2024-07-12", "close": 1424.306641, "volume": 214332, "typical_volume": 199291.1, "trend": 1390.356539, "fair_value": 949.347301, "relative_strength": -5.673757, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.352387, "energy": 15.613961, "activity_lines": [ 1393.027433, 1355.100149, 1347.234746, 1361.766573 ] }, { "date": "2024-07-19", "close": 1362.484863, "volume": 127237, "typical_volume": 201783.35, "trend": 1387.380514, "fair_value": 953.635541, "relative_strength": -9.737777, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.48965, "energy": 14.291531, "activity_lines": [ 1387.698039, 1360.399267, 1348.442625, 1359.968401 ] }, { "date": "2024-07-26", "close": 1409.428223, "volume": 164686, "typical_volume": 196924.1, "trend": 1385.525362, "fair_value": 958.319314, "relative_strength": -7.640847, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.411105, "energy": 16.795724, "activity_lines": [ 1397.705436, 1372.323486, 1354.347438, 1361.390834 ] }, { "date": "2024-08-02", "close": 1407.758545, "volume": 100959, "typical_volume": 193652.4, "trend": 1382.671859, "fair_value": 962.989973, "relative_strength": -7.393708, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.540393, "energy": 20.32896, "activity_lines": [ 1401.142684, 1382.752242, 1360.251719, 1362.825233 ] }, { "date": "2024-08-09", "close": 1303.314697, "volume": 148663, "typical_volume": 195724.2, "trend": 1375.568534, "fair_value": 967.074585, "relative_strength": -12.987686, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.994636, "energy": 12.279286, "activity_lines": [ 1368.34458, 1373.406439, 1355.5487, 1357.705416 ] }, { "date": "2024-08-16", "close": 1267.910889, "volume": 58300, "typical_volume": 195778.15, "trend": 1366.582906, "fair_value": 971.162155, "relative_strength": -15.863523, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.938023, "energy": 20.836102, "activity_lines": [ 1330.495345, 1356.496868, 1347.632432, 1350.759761 ] }, { "date": "2024-08-23", "close": 1288.829102, "volume": 142871, "typical_volume": 197624.65, "trend": 1358.935388, "fair_value": 975.320539, "relative_strength": -15.249138, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.656012, "energy": 25.529944, "activity_lines": [ 1310.045231, 1342.770115, 1341.993766, 1345.743387 ] }, { "date": "2024-08-30", "close": 1290.400391, "volume": 132011, "typical_volume": 201687.9, "trend": 1352.699406, "fair_value": 979.514006, "relative_strength": -16.309852, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.30763, "energy": 38.517779, "activity_lines": [ 1295.029265, 1330.58343, 1336.885156, 1341.321774 ] }, { "date": "2024-09-06", "close": 1334.5448, "volume": 169274, "typical_volume": 207766.0, "trend": 1349.303748, "fair_value": 983.898246, "relative_strength": -12.039655, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.062982, "energy": 39.733533, "activity_lines": [ 1302.66329, 1326.947073, 1336.389444, 1340.150509 ] }, { "date": "2024-09-13", "close": 1341.615723, "volume": 72744, "typical_volume": 205497.9, "trend": 1347.339909, "fair_value": 988.520957, "relative_strength": -13.342526, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.412072, "energy": 24.628154, "activity_lines": [ 1317.535205, 1325.540024, 1336.825567, 1339.654507 ] }, { "date": "2024-09-20", "close": 1325.902466, "volume": 50292, "typical_volume": 188763.6, "trend": 1344.274414, "fair_value": 992.913676, "relative_strength": -15.712981, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.222073, "energy": 14.85031, "activity_lines": [ 1324.615967, 1322.420584, 1336.121606, 1338.271447 ] }, { "date": "2024-09-27", "close": 1362.435791, "volume": 158660, "typical_volume": 191305.6, "trend": 1342.689807, "fair_value": 997.557156, "relative_strength": -14.606044, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.174806, "energy": 11.967145, "activity_lines": [ 1340.008399, 1327.732733, 1338.898411, 1339.443148 ] }, { "date": "2024-10-04", "close": 1317.702148, "volume": 40351, "typical_volume": 188596.75, "trend": 1338.52288, "fair_value": 1001.743939, "relative_strength": -13.51219, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.32985, "energy": 14.197593, "activity_lines": [ 1335.582503, 1324.912385, 1336.91485, 1337.831041 ] }, { "date": "2024-10-11", "close": 1337.294556, "volume": 61848, "typical_volume": 188507.8, "trend": 1340.795951, "fair_value": 1006.018951, "relative_strength": -11.998481, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.112137, "energy": 11.899419, "activity_lines": [ 1335.867293, 1327.322039, 1336.921862, 1337.751795 ] }, { "date": "2024-10-18", "close": 1317.89856, "volume": 41154, "typical_volume": 164739.1, "trend": 1340.172286, "fair_value": 1010.358858, "relative_strength": -12.642606, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.083333, "energy": 12.465617, "activity_lines": [ 1329.503434, 1327.486313, 1335.211646, 1336.274544 ] }, { "date": "2024-10-25", "close": 1213.700073, "volume": 47922, "typical_volume": 160728.95, "trend": 1336.367513, "fair_value": 1014.100128, "relative_strength": -17.059725, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.655095, "energy": 47.219081, "activity_lines": [ 1289.987891, 1308.440246, 1323.213226, 1328.115046 ] }, { "date": "2024-11-01", "close": 1295.11438, "volume": 35809, "typical_volume": 114494.55, "trend": 1333.914164, "fair_value": 1018.194848, "relative_strength": -11.727068, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.806169, "energy": 40.20717, "activity_lines": [ 1285.090609, 1305.182431, 1319.064185, 1325.453554 ] }, { "date": "2024-11-08", "close": 1266.928833, "volume": 37755, "typical_volume": 109026.1, "trend": 1330.271094, "fair_value": 1021.46136, "relative_strength": -12.463435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.958771, "energy": 48.914408, "activity_lines": [ 1275.286239, 1296.685693, 1312.529405, 1321.131919 ] }, { "date": "2024-11-15", "close": 1116.916504, "volume": 73974, "typical_volume": 101657.05, "trend": 1321.207918, "fair_value": 1024.366479, "relative_strength": -20.103978, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.605981, "energy": 71.450933, "activity_lines": [ 1218.862647, 1261.340743, 1291.956763, 1307.367107 ] }, { "date": "2024-11-22", "close": 1132.727905, "volume": 39811, "typical_volume": 95932.65, "trend": 1311.750081, "fair_value": 1027.381692, "relative_strength": -19.55272, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.797343, "energy": 71.854307, "activity_lines": [ 1182.401392, 1232.82747, 1274.173449, 1295.207106 ] }, { "date": "2024-11-29", "close": 1174.613525, "volume": 46336, "typical_volume": 87532.85, "trend": 1306.697302, "fair_value": 1030.850713, "relative_strength": -16.696114, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.202096, "energy": 68.547597, "activity_lines": [ 1172.24672, 1215.727725, 1261.673713, 1286.359586 ] }, { "date": "2024-12-06", "close": 1177.608765, "volume": 147131, "typical_volume": 88527.55, "trend": 1304.036536, "fair_value": 1034.093661, "relative_strength": -17.828271, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.577189, "energy": 69.18793, "activity_lines": [ 1165.696232, 1201.923278, 1250.648253, 1278.031294 ] }, { "date": "2024-12-13", "close": 1138.42395, "volume": 187955, "typical_volume": 89691.0, "trend": 1297.188184, "fair_value": 1037.400904, "relative_strength": -20.334378, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.395577, "energy": 59.786418, "activity_lines": [ 1153.917847, 1184.35481, 1236.771268, 1267.346611 ] }, { "date": "2024-12-20", "close": 1118.340454, "volume": 88000, "typical_volume": 89043.05, "trend": 1288.979655, "fair_value": 1040.535414, "relative_strength": -17.254229, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.128664, "energy": 48.251693, "activity_lines": [ 1144.011955, 1166.3944, 1222.272065, 1255.808047 ] }, { "date": "2024-12-27", "close": 1110.140137, "volume": 28503, "typical_volume": 83035.05, "trend": 1284.60614, "fair_value": 1043.376304, "relative_strength": -18.068215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.178048, "energy": 53.8795, "activity_lines": [ 1131.277694, 1150.924008, 1208.370061, 1244.270014 ] }, { "date": "2025-01-03", "close": 1107.93042, "volume": 49761, "typical_volume": 82608.1, "trend": 1280.411031, "fair_value": 1046.168981, "relative_strength": -18.257906, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.037004, "energy": 53.950134, "activity_lines": [ 1119.312712, 1138.829275, 1195.177487, 1232.871581 ] }, { "date": "2025-01-10", "close": 1064.9646, "volume": 66239, "typical_volume": 78776.5, "trend": 1270.649186, "fair_value": 1048.585595, "relative_strength": -18.847535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.302723, "energy": 65.030638, "activity_lines": [ 1097.47133, 1120.845659, 1178.654742, 1218.971811 ] }, { "date": "2025-01-17", "close": 1094.328735, "volume": 80003, "typical_volume": 76176.1, "trend": 1263.152665, "fair_value": 1051.157296, "relative_strength": -15.091375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.135682, "energy": 54.911822, "activity_lines": [ 1092.927604, 1112.385518, 1165.994603, 1207.596298 ] }, { "date": "2025-01-24", "close": 1089.762085, "volume": 50470, "typical_volume": 70235.9, "trend": 1253.263151, "fair_value": 1053.887445, "relative_strength": -14.330017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.666571, "energy": 48.922068, "activity_lines": [ 1089.801343, 1106.233261, 1153.833219, 1196.409809 ] }, { "date": "2025-01-31", "close": 979.032837, "volume": 196594, "typical_volume": 76428.4, "trend": 1239.078687, "fair_value": 1055.652574, "relative_strength": -23.705971, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.860218, "energy": 68.575562, "activity_lines": [ 1051.670557, 1080.44213, 1132.291824, 1178.71753 ] }, { "date": "2025-02-07", "close": 957.623474, "volume": 73573, "typical_volume": 77592.45, "trend": 1223.522581, "fair_value": 1057.365737, "relative_strength": -24.868045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.539343, "energy": 76.156147, "activity_lines": [ 1015.143803, 1053.552843, 1110.438028, 1160.55913 ] }, { "date": "2025-02-14", "close": 865.750183, "volume": 163203, "typical_volume": 77819.6, "trend": 1206.964758, "fair_value": 1058.806654, "relative_strength": -29.562154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.128757, "energy": 94.097165, "activity_lines": [ 958.013082, 1013.904595, 1081.588104, 1137.477039 ] }, { "date": "2025-02-21", "close": 867.910767, "volume": 144717, "typical_volume": 83037.9, "trend": 1188.914176, "fair_value": 1060.618179, "relative_strength": -28.310822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.920062, "energy": 92.543355, "activity_lines": [ 914.883517, 980.319337, 1055.309119, 1115.602588 ] }, { "date": "2025-02-28", "close": 844.733765, "volume": 95844, "typical_volume": 84737.7, "trend": 1170.146684, "fair_value": 1062.086785, "relative_strength": -27.45338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.978556, "energy": 91.933461, "activity_lines": [ 879.122815, 947.4385, 1028.964664, 1093.3974 ] }, { "date": "2025-03-07", "close": 891.480591, "volume": 94595, "typical_volume": 87409.75, "trend": 1156.41888, "fair_value": 1063.789664, "relative_strength": -24.209471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.794253, "energy": 86.294886, "activity_lines": [ 875.27961, 928.031753, 1009.417816, 1075.418943 ] }, { "date": "2025-03-14", "close": 869.187439, "volume": 140961, "typical_volume": 92061.7, "trend": 1143.128099, "fair_value": 1065.507227, "relative_strength": -25.072499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.459158, "energy": 70.863052, "activity_lines": [ 869.842171, 908.547333, 989.778372, 1056.887882 ] }, { "date": "2025-03-21", "close": 872.477417, "volume": 120124, "typical_volume": 96277.45, "trend": 1129.249709, "fair_value": 1067.276012, "relative_strength": -27.234367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.885318, "energy": 63.355898, "activity_lines": [ 871.397127, 894.001873, 972.092796, 1039.426548 ] }, { "date": "2025-03-28", "close": 821.654968, "volume": 135666, "typical_volume": 101173.0, "trend": 1113.624862, "fair_value": 1068.675622, "relative_strength": -31.33427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.039268, "energy": 63.33034, "activity_lines": [ 855.562785, 873.715735, 951.579544, 1019.581726 ] }, { "date": "2025-04-04", "close": 835.011169, "volume": 53994, "typical_volume": 100174.0, "trend": 1096.973741, "fair_value": 1070.098777, "relative_strength": -27.679388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.371898, "energy": 59.519463, "activity_lines": [ 847.264229, 860.815702, 934.458662, 1001.606649 ] }, { "date": "2025-04-11", "close": 858.777466, "volume": 63875, "typical_volume": 101377.2, "trend": 1080.879132, "fair_value": 1071.570025, "relative_strength": -24.698779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.001156, "energy": 53.334805, "activity_lines": [ 847.535946, 856.868648, 920.943644, 986.239147 ] }, { "date": "2025-04-18", "close": 869.236572, "volume": 26344, "typical_volume": 100377.6, "trend": 1065.656936, "fair_value": 1073.029975, "relative_strength": -26.305915, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.423299, "energy": 51.549396, "activity_lines": [ 853.474239, 857.009711, 909.729256, 972.584789 ] }, { "date": "2025-04-25", "close": 884.311462, "volume": 62500, "typical_volume": 96146.05, "trend": 1049.719458, "fair_value": 1074.630251, "relative_strength": -24.841863, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.861545, "energy": 39.893745, "activity_lines": [ 864.43422, 861.498698, 901.404749, 960.885081 ] }, { "date": "2025-05-02", "close": 859.808655, "volume": 27654, "typical_volume": 88131.0, "trend": 1034.456342, "fair_value": 1076.393457, "relative_strength": -27.168952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.076006, "energy": 37.136048, "activity_lines": [ 866.437663, 861.195151, 892.143295, 948.632771 ] }, { "date": "2025-05-09", "close": 829.216919, "volume": 136326, "typical_volume": 90547.3, "trend": 1017.52042, "fair_value": 1078.043423, "relative_strength": -28.12874, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.473728, "energy": 39.145209, "activity_lines": [ 855.700281, 855.476782, 881.295081, 935.391518 ] }, { "date": "2025-05-16", "close": 995.482605, "volume": 83466, "typical_volume": 93295.45, "trend": 1006.773222, "fair_value": 1080.409065, "relative_strength": -16.538159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.755502, "energy": 12.793687, "activity_lines": [ 900.771077, 880.270662, 887.658474, 933.969723 ] }, { "date": "2025-05-23", "close": 969.604858, "volume": 69661, "typical_volume": 94290.45, "trend": 998.636715, "fair_value": 1082.648899, "relative_strength": -17.482679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.83408, "energy": 11.940037, "activity_lines": [ 928.102283, 898.468551, 892.103307, 931.571764 ] }, { "date": "2025-05-30", "close": 963.51593, "volume": 51250, "typical_volume": 93541.0, "trend": 987.583433, "fair_value": 1084.743637, "relative_strength": -17.116416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.217383, "energy": 18.201328, "activity_lines": [ 946.712626, 913.733591, 896.626936, 929.305907 ] }, { "date": "2025-06-06", "close": 972.747498, "volume": 37945, "typical_volume": 91438.1, "trend": 977.777389, "fair_value": 1086.881282, "relative_strength": -16.68691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 3.915292, "energy": 26.851988, "activity_lines": [ 963.119861, 929.021853, 902.512851, 928.34875 ] }, { "date": "2025-06-13", "close": 1002.258911, "volume": 126408, "typical_volume": 95235.0, "trend": 973.955469, "fair_value": 1089.629343, "relative_strength": -12.547847, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.209416, "energy": 44.950509, "activity_lines": [ 981.834977, 946.928689, 911.788334, 929.928203 ] }, { "date": "2025-06-20", "close": 983.697693, "volume": 55438, "typical_volume": 88177.2, "trend": 968.987795, "fair_value": 1092.12735, "relative_strength": -14.914757, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.58754, "energy": 43.844211, "activity_lines": [ 982.826888, 958.41989, 919.712765, 930.556734 ] }, { "date": "2025-06-27", "close": 1005.254211, "volume": 73463, "typical_volume": 88171.7, "trend": 963.342485, "fair_value": 1094.671638, "relative_strength": -14.167619, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.808637, "energy": 40.849364, "activity_lines": [ 991.789966, 971.559181, 929.667983, 932.896502 ] }, { "date": "2025-07-04", "close": 1082.543823, "volume": 170813, "typical_volume": 88552.2, "trend": 960.173653, "fair_value": 1097.158755, "relative_strength": -6.326046, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.634554, "energy": 55.373693, "activity_lines": [ 1024.139624, 996.278081, 946.757304, 940.586911 ] }, { "date": "2025-07-11", "close": 1103.300049, "volume": 186640, "typical_volume": 90648.35, "trend": 959.002856, "fair_value": 1099.473088, "relative_strength": -2.761313, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.080551, "energy": 65.011235, "activity_lines": [ 1055.472831, 1021.166615, 964.791058, 949.820872 ] }, { "date": "2025-07-18", "close": 1111.699951, "volume": 36161, "typical_volume": 87664.2, "trend": 958.781506, "fair_value": 1101.962044, "relative_strength": -0.843298, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.376864, "energy": 79.851601, "activity_lines": [ 1080.902502, 1043.155288, 982.503901, 959.672298 ] }, { "date": "2025-07-25", "close": 1044.099976, "volume": 38717, "typical_volume": 84870.3, "trend": 956.580168, "fair_value": 1103.851131, "relative_strength": -5.786407, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.436436, "energy": 71.70032, "activity_lines": [ 1076.502779, 1047.717001, 992.507383, 965.176715 ] }, { "date": "2025-08-01", "close": 977.849976, "volume": 29221, "typical_volume": 79283.3, "trend": 952.244153, "fair_value": 1105.407684, "relative_strength": -10.124481, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.0683, "energy": 41.685825, "activity_lines": [ 1045.992904, 1039.349308, 995.474583, 966.548961 ] }, { "date": "2025-08-08", "close": 1013.150024, "volume": 85670, "typical_volume": 77560.6, "trend": 950.517, "fair_value": 1106.99643, "relative_strength": -5.62006, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.793151, "energy": 25.929351, "activity_lines": [ 1029.07666, 1037.249893, 1001.286251, 970.478372 ] }, { "date": "2025-08-15", "close": 906.75, "volume": 121435, "typical_volume": 76849.05, "trend": 944.264376, "fair_value": 1108.049764, "relative_strength": -15.905694, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.034292, "energy": 18.462109, "activity_lines": [ 981.319995, 1014.902582, 996.294715, 967.654695 ] }, { "date": "2025-08-22", "close": 915.549988, "volume": 85313, "typical_volume": 78415.0, "trend": 938.457306, "fair_value": 1108.943376, "relative_strength": -15.343022, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.705741, "energy": 22.692681, "activity_lines": [ 949.599996, 995.355224, 991.736058, 965.802153 ] }, { "date": "2025-08-29", "close": 911.900024, "volume": 25596, "typical_volume": 76501.05, "trend": 936.219545, "fair_value": 1109.32745, "relative_strength": -13.623247, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.375366, "energy": 30.479419, "activity_lines": [ 929.740006, 976.720761, 986.446267, 964.08878 ] }, { "date": "2025-09-05", "close": 955.400024, "volume": 47651, "typical_volume": 77566.4, "trend": 936.14543, "fair_value": 1109.718829, "relative_strength": -10.048247, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.705308, "energy": 26.860326, "activity_lines": [ 933.193347, 967.300801, 985.046368, 965.326231 ] }, { "date": "2025-09-12", "close": 983.25, "volume": 45710, "typical_volume": 76726.9, "trend": 940.062091, "fair_value": 1110.385471, "relative_strength": -8.235506, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.141668, "energy": 14.719067, "activity_lines": [ 947.426676, 963.850913, 985.888547, 968.365235 ] }, { "date": "2025-09-19", "close": 1031.550049, "volume": 42000, "typical_volume": 77444.2, "trend": 945.516734, "fair_value": 1111.095699, "relative_strength": -4.075827, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.92937, "energy": 15.654525, "activity_lines": [ 979.753357, 970.988195, 990.859594, 974.267684 ] }, { "date": "2025-09-26", "close": 980.049988, "volume": 43071, "typical_volume": 72781.45, "trend": 950.027275, "fair_value": 1111.780095, "relative_strength": -5.855379, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.486887, "energy": 17.939323, "activity_lines": [ 986.593347, 970.066374, 990.108057, 976.495636 ] }, { "date": "2025-10-03", "close": 1023.75, "volume": 23254, "typical_volume": 69770.85, "trend": 954.436255, "fair_value": 1112.866768, "relative_strength": -2.088622, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.349057, "energy": 26.762482, "activity_lines": [ 1003.700008, 979.483646, 992.800173, 981.251941 ] }, { "date": "2025-10-10", "close": 1028.5, "volume": 48986, "typical_volume": 68737.1, "trend": 959.746674, "fair_value": 1114.0393, "relative_strength": -2.580726, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 43.290425, "energy": 29.591763, "activity_lines": [ 1014.933337, 990.134554, 995.810064, 986.030247 ] }, { "date": "2025-10-17", "close": 1153.449951, "volume": 1332842, "typical_volume": 132816.7, "trend": 969.112425, "fair_value": 1115.996567, "relative_strength": 7.856011, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 74.800456, "energy": 61.109693, "activity_lines": [ 1062.943319, 1022.582725, 1010.439496, 998.527233 ] }, { "date": "2025-10-24", "close": 1132.5, "volume": 92571, "typical_volume": 135548.0, "trend": 979.473926, "fair_value": 1117.945361, "relative_strength": 5.854632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.655252, "energy": 68.316991, "activity_lines": [ 1092.623319, 1048.670906, 1022.169248, 1009.068366 ] }, { "date": "2025-10-31", "close": 1071.699951, "volume": 161031, "typical_volume": 137279.15, "trend": 987.363552, "fair_value": 1119.361753, "relative_strength": 1.000449, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.767524, "energy": 62.218655, "activity_lines": [ 1095.306641, 1059.599988, 1027.347793, 1015.018433 ] }, { "date": "2025-11-07", "close": 1028.699951, "volume": 66195, "typical_volume": 137817.0, "trend": 993.027635, "fair_value": 1120.939051, "relative_strength": -1.622632, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.815112, "energy": 52.738407, "activity_lines": [ 1077.546631, 1059.871797, 1028.100428, 1017.685297 ] }, { "date": "2025-11-14", "close": 1074.400024, "volume": 73553, "typical_volume": 137821.5, "trend": 999.866416, "fair_value": 1122.684396, "relative_strength": 1.376145, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.603648, "energy": 33.105683, "activity_lines": [ 1074.689982, 1066.329076, 1032.991154, 1022.935129 ] }, { "date": "2025-11-21", "close": 1083.599976, "volume": 93217, "typical_volume": 133941.7, "trend": 1006.509367, "fair_value": 1124.365036, "relative_strength": 1.902575, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.663543, "energy": 23.549928, "activity_lines": [ 1071.839982, 1072.295437, 1038.428801, 1028.337294 ] }, { "date": "2025-11-28", "close": 1083.699951, "volume": 69334, "typical_volume": 128076.4, "trend": 1013.97241, "fair_value": 1125.973152, "relative_strength": 1.738714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.613012, "energy": 21.872716, "activity_lines": [ 1073.679972, 1076.45543, 1043.870939, 1033.317331 ] }, { "date": "2025-12-05", "close": 1065.0, "volume": 92110, "typical_volume": 130873.85, "trend": 1021.831846, "fair_value": 1127.505785, "relative_strength": 0.380904, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.723243, "energy": 22.713936, "activity_lines": [ 1072.539982, 1076.267252, 1047.625464, 1036.609434 ] }, { "date": "2025-12-12", "close": 1073.599976, "volume": 105863, "typical_volume": 134231.15, "trend": 1024.435758, "fair_value": 1129.30386, "relative_strength": 1.963088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.972037, "energy": 21.680192, "activity_lines": [ 1074.713314, 1076.09816, 1052.421415, 1039.949313 ] }, { "date": "2025-12-19", "close": 1029.400024, "volume": 44980, "typical_volume": 135019.1, "trend": 1026.428931, "fair_value": 1131.150759, "relative_strength": -1.567656, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.094865, "energy": 14.001465, "activity_lines": [ 1059.159993, 1066.98635, 1052.86737, 1040.269589 ] }, { "date": "2025-12-26", "close": 1032.900024, "volume": 36940, "typical_volume": 132582.6, "trend": 1028.741734, "fair_value": 1132.582015, "relative_strength": -1.192664, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.693861, "energy": 13.361206, "activity_lines": [ 1047.77334, 1058.49454, 1053.401183, 1040.687078 ] }, { "date": "2026-01-02", "close": 1037.699951, "volume": 36533, "typical_volume": 128337.5, "trend": 1030.906816, "fair_value": 1134.128533, "relative_strength": -1.494624, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.941853, "energy": 10.080798, "activity_lines": [ 1041.366658, 1053.067261, 1054.298083, 1041.265028 ] }, { "date": "2026-01-09", "close": 1057.5, "volume": 75766, "typical_volume": 127860.15, "trend": 1032.748185, "fair_value": 1136.053311, "relative_strength": 3.118835, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.207291, "energy": 10.898529, "activity_lines": [ 1044.62666, 1052.963627, 1056.457131, 1042.980717 ] }, { "date": "2026-01-16", "close": 1040.099976, "volume": 231647, "typical_volume": 138162.7, "trend": 1034.628261, "fair_value": 1137.778077, "relative_strength": 1.705877, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.58623, "energy": 8.669496, "activity_lines": [ 1042.586654, 1049.954534, 1056.283082, 1043.455026 ] }, { "date": "2026-01-23", "close": 1002.299988, "volume": 89089, "typical_volume": 140234.6, "trend": 1034.529787, "fair_value": 1139.413297, "relative_strength": 0.885968, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.366213, "energy": 18.34934, "activity_lines": [ 1030.179985, 1039.865443, 1051.898558, 1041.369331 ] }, { "date": "2026-01-30", "close": 1043.900024, "volume": 43899, "typical_volume": 140144.05, "trend": 1033.241661, "fair_value": 1141.008743, "relative_strength": 3.965593, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 9.820584, "energy": 12.512076, "activity_lines": [ 1033.446663, 1038.650904, 1051.252609, 1041.973863 ] }, { "date": "2026-02-06", "close": 1055.300049, "volume": 43666, "typical_volume": 140227.35, "trend": 1031.641661, "fair_value": 1142.569813, "relative_strength": 3.553594, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.816577, "energy": 9.386527, "activity_lines": [ 1039.780017, 1040.230915, 1051.403567, 1043.396985 ] }, { "date": "2026-02-13", "close": 1048.5, "volume": 85767, "typical_volume": 142362.15, "trend": 1029.534995, "fair_value": 1143.909429, "relative_strength": 3.614326, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.657226, "energy": 11.495284, "activity_lines": [ 1042.673348, 1041.090915, 1050.793806, 1044.484619 ] }, { "date": "2026-02-20", "close": 1081.699951, "volume": 87793, "typical_volume": 145589.1, "trend": 1030.788328, "fair_value": 1145.649525, "relative_strength": 6.259053, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.268371, "energy": 19.291941, "activity_lines": [ 1057.233329, 1048.287269, 1053.019993, 1047.8501 ] }, { "date": "2026-02-27", "close": 1053.599976, "volume": 37257, "typical_volume": 145002.65, "trend": 1033.313328, "fair_value": 1147.201228, "relative_strength": 4.92677, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.741799, "energy": 17.296634, "activity_lines": [ 1059.65332, 1050.227265, 1052.294039, 1049.32182 ] }, { "date": "2026-03-06", "close": 1012.299988, "volume": 59429, "typical_volume": 81332.0, "trend": 1033.284993, "fair_value": 1148.474717, "relative_strength": 3.722583, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.734185, "energy": 4.541063, "activity_lines": [ 1044.88665, 1044.218173, 1047.51523, 1047.96612 ] }, { "date": "2026-03-13", "close": 958.900024, "volume": 44964, "typical_volume": 78951.65, "trend": 1035.023328, "fair_value": 1149.383858, "relative_strength": 3.635036, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.255003, "energy": 30.968857, "activity_lines": [ 1014.42666, 1028.874543, 1038.322852, 1043.16709 ] }, { "date": "2026-03-20", "close": 917.099976, "volume": 70586, "typical_volume": 74429.4, "trend": 1035.074994, "fair_value": 1149.662279, "relative_strength": -0.835954, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -44.508587, "energy": 55.417459, "activity_lines": [ 976.45999, 1007.36363, 1025.976184, 1035.559132 ] }, { "date": "2026-03-27", "close": 909.700012, "volume": 65469, "typical_volume": 74393.1, "trend": 1035.00166, "fair_value": 1149.857141, "relative_strength": -0.60044, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.360289, "energy": 71.189705, "activity_lines": [ 944.786666, 987.059996, 1013.660948, 1027.470423 ] }, { "date": "2026-04-03", "close": 868.75, "volume": 55456, "typical_volume": 73488.25, "trend": 1032.113326, "fair_value": 1149.326934, "relative_strength": -4.711704, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.167415, "energy": 78.696156, "activity_lines": [ 910.930001, 961.681815, 998.012377, 1016.74451 ] }, { "date": "2026-04-10", "close": 893.150024, "volume": 248925, "typical_volume": 81273.65, "trend": 1029.109993, "fair_value": 1149.040079, "relative_strength": -7.46202, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.629296, "energy": 74.613866, "activity_lines": [ 897.530009, 943.168183, 985.666904, 1007.779135 ] }, { "date": "2026-04-17", "close": 1002.349976, "volume": 300223, "typical_volume": 92818.1, "trend": 1028.136658, "fair_value": 1148.96494, "relative_strength": 2.328943, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.336766, "energy": 47.310124, "activity_lines": [ 928.473332, 947.249997, 984.62833, 1006.052683 ] }, { "date": "2026-04-24", "close": 980.849976, "volume": 246963, "typical_volume": 100560.75, "trend": 1028.163324, "fair_value": 1148.849636, "relative_strength": 1.835744, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.921945, "energy": 28.4551, "activity_lines": [ 949.353325, 948.385448, 981.929519, 1003.001929 ] }, { "date": "2026-05-01", "close": 1078.849976, "volume": 497839, "typical_volume": 120159.55, "trend": 1029.99999, "fair_value": 1149.038036, "relative_strength": 11.034788, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.500986, "energy": 14.107091, "activity_lines": [ 998.649984, 968.569082, 988.964755, 1006.272036 ] }, { "date": "2026-05-08", "close": 1078.0, "volume": 169076, "typical_volume": 126364.35, "trend": 1031.64999, "fair_value": 1148.717396, "relative_strength": 9.604497, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 10.300825, "energy": 22.440258, "activity_lines": [ 1036.386654, 988.649992, 995.894041, 1009.36881 ] }, { "date": "2026-05-15", "close": 1053.800049, "volume": 130888, "typical_volume": 131061.75, "trend": 1028.328326, "fair_value": 1148.370511, "relative_strength": 9.310649, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 14.479622, "energy": 24.740972, "activity_lines": [ 1052.106673, 1003.887275, 1000.287142, 1010.797847 ] }, { "date": "2026-05-22", "close": 1072.099976, "volume": 118280, "typical_volume": 135149.1, "trend": 1026.314992, "fair_value": 1147.700711, "relative_strength": 10.531016, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.705785, "energy": 30.294909, "activity_lines": [ 1063.216667, 1021.69727, 1006.323568, 1013.621824 ] }, { "date": "2026-05-29", "close": 1139.599976, "volume": 218773, "typical_volume": 142299.45, "trend": 1028.578326, "fair_value": 1147.953113, "relative_strength": 17.821536, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.238658, "energy": 47.64599, "activity_lines": [ 1092.17666, 1049.721812, 1018.624757, 1020.930533 ] }, { "date": "2026-06-05", "close": 1132.300049, "volume": 10906, "typical_volume": 131262.4, "trend": 1032.031663, "fair_value": 1147.97657, "relative_strength": 17.448587, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.51421, "energy": 50.378196, "activity_lines": [ 1108.120012, 1072.37364, 1029.839762, 1027.622257 ] }, { "date": "2026-06-12", "close": 1146.019165, "volume": 27333, "typical_volume": 128174.6, "trend": 1034.418968, "fair_value": 1147.962761, "relative_strength": 17.147414, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.3011, "energy": 63.953646, "activity_lines": [ 1125.073063, 1093.472579, 1041.922302, 1034.976289 ] }, { "date": "2026-06-19", "close": 1195.863281, "volume": 51749, "typical_volume": 128567.1, "trend": 1038.161078, "fair_value": 1148.900939, "relative_strength": 19.665532, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.852859, "energy": 73.263664, "activity_lines": [ 1154.106209, 1118.592827, 1058.067523, 1045.392051 ] }, { "date": "2026-06-26", "close": 1208.545532, "volume": 0, "typical_volume": 126383.8, "trend": 1042.322597, "fair_value": 1149.93419, "relative_strength": 20.106808, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.848425, "energy": 76.984263, "activity_lines": [ 1177.89589, 1140.515061, 1074.696943, 1056.384597 ] }, { "date": "2026-07-03", "close": 1295.551392, "volume": 69475, "typical_volume": 125569.2, "trend": 1050.007644, "fair_value": 1150.882595, "relative_strength": 26.979746, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.1711, "energy": 84.879394, "activity_lines": [ 1221.591154, 1174.507533, 1098.882895, 1072.721938 ] }, { "date": "2026-07-10", "close": 1302.433228, "volume": 125853, "typical_volume": 127472.2, "trend": 1057.635419, "fair_value": 1151.407952, "relative_strength": 27.412391, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.548992, "energy": 87.78002, "activity_lines": [ 1257.183602, 1204.029404, 1122.547825, 1089.00746 ] }, { "date": "2026-07-17", "close": 1384.099976, "volume": 360484, "typical_volume": 143633.55, "trend": 1069.45875, "fair_value": 1152.639578, "relative_strength": 33.939114, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.387063, "energy": 94.101821, "activity_lines": [ 1308.656088, 1244.334624, 1152.939429, 1110.069689 ] }, { "date": "2026-07-24", "close": 1493.900024, "volume": 910759, "typical_volume": 186200.05, "trend": 1084.825417, "fair_value": 1154.502495, "relative_strength": 46.630027, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.668091, "energy": 96.225401, "activity_lines": [ 1380.856535, 1299.038035, 1192.214372, 1137.452997 ] }, { "date": "2026-07-31", "close": 1445.0, "volume": 263906, "typical_volume": 197147.15, "trend": 1098.402085, "fair_value": 1156.988147, "relative_strength": 37.050277, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.144467, "energy": 90.881516, "activity_lines": [ 1416.887858, 1336.848715, 1224.538835, 1160.690067 ] }, { "date": "2026-08-07", "close": 1483.400024, "volume": 167795, "typical_volume": 202007.6, "trend": 1112.598753, "fair_value": 1159.632413, "relative_strength": 38.464287, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.551369, "energy": 91.173452, "activity_lines": [ 1449.955558, 1374.861217, 1258.205682, 1185.528644 ] } ], "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." } } }