{ "ticker": { "uuid": "8bf72f7a-39fb-4c07-a1a4-4905c66c9a38", "symbol": "SMARTLINK", "name": "Smartlink Holdings 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": "Established expansion", "architecture_gate": "up", "architecture_direction": 79.742, "architecture_energy": 83.371, "architecture_maturity": 44.0, "architecture_confidence": 83.443, "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": 1.38, "rotation_up": 81.9, "upward_expansion": 96.45, "deceleration": 41.42, "rotation_down": 11.16, "downward_expansion": 18.45 }, "activity_lines": [ 205.758665, 194.648309, 177.988333, 164.668974 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 215.190002, "trend_reference": 149.346943, "distance_from_trend": 0.440873, "trend_direction": "Improving", "fair_value": 179.68204, "distance_from_fair_value": 0.197616, "fair_value_direction": "Improving", "relative_strength": 48.726129, "relative_strength_direction": "Improving", "price_momentum": 0.669563, "excess_performance": 0.713272, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.440873, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.129175, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.197616, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.358157, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.487261, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.375285, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.669563, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.506019, "read": "Demand-led" } ], "volume": { "latest": 32833, "relative_activity": 0.435154, "balance": 5.506019, "dry_up": 0.63961, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.090321, "annualized_volatility": 0.433533, "from_high_reference": -0.072377, "from_low_reference": 1.07913 }, "levels": { "trend_reference": 149.346943, "fair_value_reference": 179.68204, "structural_low": 103.5, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": -0.002014, "positive_rate": 0.478261, "directional_follow_through": 0.478261, "median_excess_return": -0.024158, "regime_survival": 0.73913, "best_return": 0.441675, "worst_return": -0.23271, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.02918, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.012471, "regime_survival": 0.6, "best_return": 0.840829, "worst_return": -0.371976, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.086125, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.046725, "regime_survival": 0.333333, "best_return": 0.640472, "worst_return": -0.415569, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.27316, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.121342, "regime_survival": 0.333333, "best_return": 0.520564, "worst_return": -0.041257, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2022-08-26", "end": "2022-09-09", "tenure": "New", "return": 0.058846, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2022-09-16", "end": "2022-12-30", "tenure": "Established", "return": 0.019773, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-01-06", "end": "2023-04-07", "tenure": "Established", "return": 0.132491, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-04-14", "end": "2023-11-10", "tenure": "Extended", "return": 0.115422, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-11-17", "end": "2024-04-19", "tenure": "Established", "return": 0.009327, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-26", "end": "2024-08-09", "tenure": "Established", "return": 0.364956, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-10-25", "tenure": "Developing", "return": -0.141622, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-01", "end": "2024-11-08", "tenure": "New", "return": -0.081, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-15", "end": "2025-05-23", "tenure": "Extended", "return": -0.147839, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-10-24", "tenure": "Established", "return": -0.167927, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2026-04-17", "tenure": "Established", "return": 0.075393, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-01", "tenure": "New", "return": -0.009975, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-05-15", "tenure": "New", "return": 0.130281, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": 0.365852, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 166.75, "volume": 53705, "typical_volume": 144483.25, "trend": 155.331666, "fair_value": 122.531731, "relative_strength": 4.722769, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.871654, "energy": 30.626141, "activity_lines": [ 169.923335, 169.25091, 165.573333, 161.55344 ] }, { "date": "2023-08-25", "close": 179.949997, "volume": 188222, "typical_volume": 150844.05, "trend": 156.884999, "fair_value": 123.196474, "relative_strength": 12.738152, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.421704, "energy": 36.345408, "activity_lines": [ 172.91, 171.4, 167.287142, 163.14172 ] }, { "date": "2023-09-01", "close": 174.550003, "volume": 94061, "typical_volume": 151825.7, "trend": 158.286666, "fair_value": 123.870513, "relative_strength": 8.131998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.897672, "energy": 32.226989, "activity_lines": [ 173.69, 172.338182, 168.376667, 164.281398 ] }, { "date": "2023-09-08", "close": 180.75, "volume": 365053, "typical_volume": 167845.85, "trend": 159.623333, "fair_value": 124.586218, "relative_strength": 9.419274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.541853, "energy": 37.943375, "activity_lines": [ 176.403334, 174.137273, 169.968095, 165.730645 ] }, { "date": "2023-09-15", "close": 173.850006, "volume": 130243, "typical_volume": 168037.6, "trend": 160.763333, "fair_value": 125.250961, "relative_strength": 3.106114, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.306799, "energy": 35.115415, "activity_lines": [ 176.170002, 174.390911, 170.746429, 166.648495 ] }, { "date": "2023-09-22", "close": 170.75, "volume": 39016, "typical_volume": 164959.8, "trend": 161.898333, "fair_value": 125.895513, "relative_strength": 3.689291, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.203398, "energy": 28.28834, "activity_lines": [ 174.696668, 173.973638, 171.139286, 167.292796 ] }, { "date": "2023-09-29", "close": 181.550003, "volume": 97573, "typical_volume": 166347.3, "trend": 163.008333, "fair_value": 126.606731, "relative_strength": 9.995156, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.112016, "energy": 32.691736, "activity_lines": [ 176.556669, 175.440911, 172.481191, 168.560646 ] }, { "date": "2023-10-06", "close": 191.050003, "volume": 205769, "typical_volume": 168052.75, "trend": 164.415, "fair_value": 127.358654, "relative_strength": 15.140023, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.596929, "energy": 39.018522, "activity_lines": [ 181.476669, 178.495456, 174.584525, 170.369785 ] }, { "date": "2023-10-13", "close": 186.949997, "volume": 112421, "typical_volume": 170230.75, "trend": 165.68, "fair_value": 128.101282, "relative_strength": 11.671263, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.220308, "energy": 46.369794, "activity_lines": [ 183.930001, 180.468183, 176.118572, 171.823656 ] }, { "date": "2023-10-20", "close": 177.75, "volume": 89914, "typical_volume": 171806.8, "trend": 166.808333, "fair_value": 128.783013, "relative_strength": 7.078396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.779013, "energy": 45.366589, "activity_lines": [ 182.903334, 180.479092, 176.630239, 172.602366 ] }, { "date": "2023-10-27", "close": 171.699997, "volume": 48127, "typical_volume": 162992.9, "trend": 167.598333, "fair_value": 129.430769, "relative_strength": 6.210036, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.784797, "energy": 27.547828, "activity_lines": [ 179.599999, 179.262727, 176.460715, 172.917957 ] }, { "date": "2023-11-03", "close": 173.300003, "volume": 31056, "typical_volume": 159834.5, "trend": 168.146666, "fair_value": 130.092628, "relative_strength": 6.07202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.923994, "energy": 14.701234, "activity_lines": [ 176.766667, 178.247273, 176.440953, 173.285807 ] }, { "date": "2023-11-10", "close": 173.949997, "volume": 91782, "typical_volume": 158165.6, "trend": 168.746666, "fair_value": 130.747115, "relative_strength": 5.306085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.238407, "energy": 16.319828, "activity_lines": [ 174.699999, 177.470909, 176.454762, 173.660215 ] }, { "date": "2023-11-17", "close": 171.550003, "volume": 54151, "typical_volume": 157761.1, "trend": 169.531667, "fair_value": 131.376923, "relative_strength": 2.07358, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.090602, "energy": 15.060914, "activity_lines": [ 172.973334, 176.269091, 176.173096, 173.841076 ] }, { "date": "2023-11-24", "close": 169.149994, "volume": 79028, "typical_volume": 157180.0, "trend": 170.006667, "fair_value": 131.996154, "relative_strength": 0.267109, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.45254, "energy": 10.480308, "activity_lines": [ 171.473332, 174.798181, 175.630476, 173.816452 ] }, { "date": "2023-12-01", "close": 168.350006, "volume": 60209, "typical_volume": 150451.5, "trend": 170.483333, "fair_value": 132.434615, "relative_strength": -2.606282, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.621874, "energy": 14.213794, "activity_lines": [ 170.280001, 173.267273, 175.005953, 173.70957 ] }, { "date": "2023-12-08", "close": 170.899994, "volume": 116293, "typical_volume": 122531.1, "trend": 171.131667, "fair_value": 132.927564, "relative_strength": -4.401829, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.594492, "energy": 15.754412, "activity_lines": [ 170.159999, 172.243635, 174.615, 173.736452 ] }, { "date": "2023-12-15", "close": 169.949997, "volume": 79486, "typical_volume": 119214.8, "trend": 171.68, "fair_value": 133.437179, "relative_strength": -7.027805, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.357527, "energy": 18.000736, "activity_lines": [ 169.883331, 171.240908, 174.147619, 173.660215 ] }, { "date": "2023-12-22", "close": 170.100006, "volume": 80423, "typical_volume": 110408.9, "trend": 172.141667, "fair_value": 133.96282, "relative_strength": -6.614116, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.634395, "energy": 11.395234, "activity_lines": [ 169.923334, 170.649091, 173.706905, 173.55828 ] }, { "date": "2023-12-29", "close": 181.350006, "volume": 251624, "typical_volume": 113407.8, "trend": 172.996667, "fair_value": 134.559615, "relative_strength": -2.331896, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.981905, "energy": 9.355982, "activity_lines": [ 173.810003, 172.409092, 174.342144, 174.152366 ] }, { "date": "2024-01-05", "close": 177.75, "volume": 105816, "typical_volume": 116013.35, "trend": 173.216667, "fair_value": 135.132372, "relative_strength": -4.273003, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.445453, "energy": 18.01019, "activity_lines": [ 175.683335, 173.449092, 174.584048, 174.459033 ] }, { "date": "2024-01-12", "close": 177.600006, "volume": 102620, "typical_volume": 111733.25, "trend": 173.558334, "fair_value": 135.708974, "relative_strength": -5.2426, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.227815, "energy": 22.122708, "activity_lines": [ 176.880004, 174.35182, 174.759287, 174.741829 ] }, { "date": "2024-01-19", "close": 183.399994, "volume": 629812, "typical_volume": 138520.8, "trend": 174.341667, "fair_value": 136.325641, "relative_strength": -1.122938, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.00181, "energy": 35.123569, "activity_lines": [ 179.563334, 176.23091, 175.498096, 175.376775 ] }, { "date": "2024-01-26", "close": 178.800003, "volume": 56074, "typical_volume": 123071.85, "trend": 174.810001, "fair_value": 136.912179, "relative_strength": -2.559426, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.184148, "energy": 36.147054, "activity_lines": [ 179.816668, 177.101819, 175.756667, 175.664409 ] }, { "date": "2024-02-02", "close": 181.199997, "volume": 123197, "typical_volume": 122719.55, "trend": 175.251667, "fair_value": 137.510256, "relative_strength": -3.703743, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.535214, "energy": 35.863719, "activity_lines": [ 180.289999, 178.277273, 176.253096, 176.076667 ] }, { "date": "2024-02-09", "close": 175.449997, "volume": 64275, "typical_volume": 123982.5, "trend": 175.553334, "fair_value": 138.054808, "relative_strength": -6.491461, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.438314, "energy": 26.530135, "activity_lines": [ 178.856665, 178.188182, 176.166905, 176.089463 ] }, { "date": "2024-02-16", "close": 173.850006, "volume": 44209, "typical_volume": 121314.3, "trend": 175.553334, "fair_value": 138.574679, "relative_strength": -8.451135, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.027478, "energy": 7.490951, "activity_lines": [ 177.043334, 177.679092, 175.905953, 175.97957 ] }, { "date": "2024-02-23", "close": 174.199997, "volume": 37516, "typical_volume": 112901.65, "trend": 175.608334, "fair_value": 139.111218, "relative_strength": -8.980327, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.934175, "energy": 5.934051, "activity_lines": [ 175.596666, 177.18, 175.715, 175.892258 ] }, { "date": "2024-03-01", "close": 171.0, "volume": 30280, "typical_volume": 108794.6, "trend": 175.606667, "fair_value": 139.639743, "relative_strength": -11.003314, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.800536, "energy": 17.654143, "activity_lines": [ 173.696666, 176.021818, 175.299524, 175.594947 ] }, { "date": "2024-03-08", "close": 169.850006, "volume": 39088, "typical_volume": 106253.3, "trend": 175.576667, "fair_value": 140.141667, "relative_strength": -12.014014, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.964672, "energy": 34.007216, "activity_lines": [ 171.933335, 174.638183, 174.850477, 175.223549 ] }, { "date": "2024-03-15", "close": 169.649994, "volume": 93940, "typical_volume": 108543.95, "trend": 175.673334, "fair_value": 140.693269, "relative_strength": -10.037674, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.375421, "energy": 40.481215, "activity_lines": [ 170.86, 173.427272, 174.42, 174.841183 ] }, { "date": "2024-03-22", "close": 170.050003, "volume": 87973, "typical_volume": 111389.8, "trend": 175.343334, "fair_value": 141.253525, "relative_strength": -9.964045, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.010611, "energy": 41.964971, "activity_lines": [ 170.306667, 172.436364, 174.037381, 174.478388 ] }, { "date": "2024-03-29", "close": 170.850006, "volume": 24088, "typical_volume": 108005.1, "trend": 175.220001, "fair_value": 141.804167, "relative_strength": -10.296699, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.198756, "energy": 38.457439, "activity_lines": [ 170.273336, 171.728183, 173.74643, 174.188495 ] }, { "date": "2024-04-05", "close": 178.350006, "volume": 53934, "typical_volume": 107994.25, "trend": 175.140001, "fair_value": 142.401282, "relative_strength": -6.928015, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.003378, "energy": 12.407729, "activity_lines": [ 172.963337, 172.611821, 174.184525, 174.390431 ] }, { "date": "2024-04-12", "close": 176.699997, "volume": 150456, "typical_volume": 111565.65, "trend": 175.235001, "fair_value": 142.997756, "relative_strength": -7.624387, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -23.259399, "energy": 11.72708, "activity_lines": [ 174.613335, 173.203638, 174.433096, 174.491076 ] }, { "date": "2024-04-19", "close": 173.149994, "volume": 31448, "typical_volume": 110127.6, "trend": 175.315, "fair_value": 143.573077, "relative_strength": -7.837287, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.28741, "energy": 15.161137, "activity_lines": [ 174.623333, 173.231818, 174.30762, 174.35656 ] }, { "date": "2024-04-26", "close": 206.600006, "volume": 1680877, "typical_volume": 188356.8, "trend": 176.15, "fair_value": 144.352564, "relative_strength": 8.470921, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.026274, "energy": 60.249233, "activity_lines": [ 185.550001, 179.383638, 177.345001, 176.374947 ] }, { "date": "2024-05-03", "close": 190.75, "volume": 122398, "typical_volume": 190502.4, "trend": 176.14, "fair_value": 145.016346, "relative_strength": -0.091103, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.765093, "energy": 62.095315, "activity_lines": [ 188.756667, 182.058183, 178.702858, 177.316882 ] }, { "date": "2024-05-10", "close": 249.550003, "volume": 2428572, "typical_volume": 307909.85, "trend": 178.226667, "fair_value": 146.021795, "relative_strength": 32.287339, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.382538, "energy": 87.831371, "activity_lines": [ 210.236668, 195.122729, 185.561668, 182.053012 ] }, { "date": "2024-05-17", "close": 301.049988, "volume": 3119579, "typical_volume": 451307.6, "trend": 182.336667, "fair_value": 147.341987, "relative_strength": 54.938294, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.670392, "energy": 96.054321, "activity_lines": [ 244.136664, 216.122726, 196.946905, 189.977097 ] }, { "date": "2024-05-24", "close": 297.850006, "volume": 129516, "typical_volume": 452492.6, "trend": 186.541667, "fair_value": 148.649038, "relative_strength": 48.517552, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.540866, "energy": 94.864493, "activity_lines": [ 268.68, 234.155455, 207.457381, 197.42957 ] }, { "date": "2024-05-31", "close": 272.100006, "volume": 133305, "typical_volume": 454026.85, "trend": 189.835001, "fair_value": 149.775962, "relative_strength": 37.135747, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.072066, "energy": 88.165074, "activity_lines": [ 276.326668, 245.175456, 214.943572, 202.949463 ] }, { "date": "2024-06-07", "close": 270.0, "volume": 87051, "typical_volume": 426888.8, "trend": 193.036667, "fair_value": 150.885897, "relative_strength": 30.961449, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.308078, "energy": 84.356925, "activity_lines": [ 278.906668, 253.958183, 221.779763, 208.121399 ] }, { "date": "2024-06-14", "close": 293.299988, "volume": 49411, "typical_volume": 426555.65, "trend": 197.095, "fair_value": 152.111218, "relative_strength": 40.100555, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.107817, "energy": 65.653951, "activity_lines": [ 283.969997, 265.174544, 230.422619, 214.59 ] }, { "date": "2024-06-21", "close": 297.25, "volume": 61359, "typical_volume": 423463.75, "trend": 201.365, "fair_value": 153.291987, "relative_strength": 40.536387, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.588638, "energy": 60.56351, "activity_lines": [ 287.433331, 275.01909, 238.896428, 221.051613 ] }, { "date": "2024-06-28", "close": 279.75, "volume": 54922, "typical_volume": 422996.1, "trend": 205.078334, "fair_value": 154.376602, "relative_strength": 28.613567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.085973, "energy": 52.567536, "activity_lines": [ 285.316665, 279.489999, 245.150952, 226.10871 ] }, { "date": "2024-07-05", "close": 324.299988, "volume": 108326, "typical_volume": 426201.95, "trend": 210.191667, "fair_value": 155.639743, "relative_strength": 45.738083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.073307, "energy": 59.496423, "activity_lines": [ 299.256661, 290.122724, 255.151665, 233.800429 ] }, { "date": "2024-07-12", "close": 314.100006, "volume": 47169, "typical_volume": 426684.6, "trend": 214.996667, "fair_value": 156.842628, "relative_strength": 38.867766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.396352, "energy": 55.731138, "activity_lines": [ 306.316665, 296.760907, 263.464523, 240.504193 ] }, { "date": "2024-07-19", "close": 301.850006, "volume": 8718, "typical_volume": 425606.5, "trend": 219.388334, "fair_value": 158.019551, "relative_strength": 32.330583, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.533417, "energy": 50.852662, "activity_lines": [ 306.353335, 298.92909, 269.944523, 246.107634 ] }, { "date": "2024-07-26", "close": 290.049988, "volume": 11843, "typical_volume": 424244.25, "trend": 223.011666, "fair_value": 159.086538, "relative_strength": 24.853373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.587636, "energy": 48.72397, "activity_lines": [ 301.886664, 298.000907, 274.677618, 250.666451 ] }, { "date": "2024-08-02", "close": 300.0, "volume": 14515, "typical_volume": 420273.0, "trend": 227.086666, "fair_value": 160.252884, "relative_strength": 28.854958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.346238, "energy": 41.288765, "activity_lines": [ 301.216665, 299.081816, 279.785951, 255.63344 ] }, { "date": "2024-08-09", "close": 282.0, "volume": 23310, "typical_volume": 417039.85, "trend": 230.566666, "fair_value": 161.348397, "relative_strength": 22.169968, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.720955, "energy": 30.671803, "activity_lines": [ 293.196665, 296.850907, 282.559284, 259.176236 ] }, { "date": "2024-08-16", "close": 260.200012, "volume": 42044, "typical_volume": 417937.65, "trend": 233.126667, "fair_value": 162.340705, "relative_strength": 11.482759, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.457679, "energy": 23.189524, "activity_lines": [ 280.730003, 290.476364, 282.723333, 261.088064 ] }, { "date": "2024-08-23", "close": 240.850006, "volume": 148055, "typical_volume": 422643.7, "trend": 235.195, "fair_value": 163.208654, "relative_strength": 1.945269, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.690204, "energy": 17.429284, "activity_lines": [ 265.406671, 280.76182, 280.619048, 261.586344 ] }, { "date": "2024-08-30", "close": 250.0, "volume": 28688, "typical_volume": 416555.3, "trend": 237.488334, "fair_value": 164.140385, "relative_strength": 3.893214, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.397394, "energy": 23.810774, "activity_lines": [ 257.200004, 273.664547, 279.088572, 262.541506 ] }, { "date": "2024-09-06", "close": 274.649994, "volume": 363911, "typical_volume": 433178.45, "trend": 240.795, "fair_value": 165.153846, "relative_strength": 15.449721, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.584176, "energy": 20.834349, "activity_lines": [ 259.880001, 271.908183, 279.556667, 264.939032 ] }, { "date": "2024-09-13", "close": 264.350006, "volume": 77907, "typical_volume": 353029.95, "trend": 243.811667, "fair_value": 166.130449, "relative_strength": 8.514069, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.046978, "energy": 17.498016, "activity_lines": [ 260.816669, 268.37182, 278.560477, 266.45871 ] }, { "date": "2024-09-20", "close": 274.350006, "volume": 103232, "typical_volume": 352071.65, "trend": 247.15, "fair_value": 167.130128, "relative_strength": 10.289551, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.936295, "energy": 9.082165, "activity_lines": [ 266.263336, 267.743639, 278.241668, 268.428925 ] }, { "date": "2024-09-27", "close": 305.799988, "volume": 409200, "typical_volume": 251103.05, "trend": 251.643333, "fair_value": 168.329167, "relative_strength": 20.525048, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.635854, "energy": 26.821573, "activity_lines": [ 281.249998, 273.556364, 280.52, 272.212796 ] }, { "date": "2024-10-04", "close": 260.549988, "volume": 199208, "typical_volume": 105084.5, "trend": 254.666666, "fair_value": 169.272436, "relative_strength": 7.322571, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.535141, "energy": 14.076499, "activity_lines": [ 276.823328, 271.069998, 278.220951, 272.787418 ] }, { "date": "2024-10-11", "close": 256.049988, "volume": 72926, "typical_volume": 102255.0, "trend": 257.546666, "fair_value": 170.180128, "relative_strength": 5.516249, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.207868, "energy": 10.439438, "activity_lines": [ 270.193325, 268.301814, 275.686188, 272.876665 ] }, { "date": "2024-10-18", "close": 238.449997, "volume": 28386, "typical_volume": 97009.05, "trend": 259.826666, "fair_value": 170.929166, "relative_strength": -1.398134, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.775184, "energy": 15.218089, "activity_lines": [ 258.936659, 263.132723, 271.674283, 271.644622 ] }, { "date": "2024-10-25", "close": 223.350006, "volume": 26376, "typical_volume": 93975.3, "trend": 261.576666, "fair_value": 171.634615, "relative_strength": -5.112378, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -42.172905, "energy": 50.757848, "activity_lines": [ 244.37333, 256.009997, 266.384522, 269.291289 ] }, { "date": "2024-11-01", "close": 239.259995, "volume": 15918, "typical_volume": 92300.65, "trend": 263.606999, "fair_value": 172.433718, "relative_strength": 0.964001, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.259231, "energy": 50.754775, "activity_lines": [ 238.51333, 252.449996, 262.832141, 267.851504 ] }, { "date": "2024-11-08", "close": 219.880005, "volume": 34029, "typical_volume": 90934.15, "trend": 265.046332, "fair_value": 173.103461, "relative_strength": -6.641808, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.084395, "energy": 67.942561, "activity_lines": [ 230.629334, 245.39527, 257.69138, 265.030407 ] }, { "date": "2024-11-15", "close": 196.429993, "volume": 27948, "typical_volume": 89585.45, "trend": 265.822332, "fair_value": 173.645641, "relative_strength": -14.358409, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.342734, "energy": 74.679875, "activity_lines": [ 217.639999, 234.624542, 250.685712, 260.603547 ] }, { "date": "2024-11-22", "close": 189.350006, "volume": 51895, "typical_volume": 86763.9, "trend": 265.247332, "fair_value": 174.173846, "relative_strength": -18.63825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.577696, "energy": 78.748579, "activity_lines": [ 206.265334, 223.988726, 243.402523, 255.669848 ] }, { "date": "2024-11-29", "close": 199.5, "volume": 36463, "typical_volume": 86228.6, "trend": 265.538999, "fair_value": 174.790192, "relative_strength": -15.065576, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.624715, "energy": 76.228613, "activity_lines": [ 201.547334, 216.561999, 237.728618, 251.428085 ] }, { "date": "2024-12-06", "close": 221.889999, "volume": 27718, "typical_volume": 87178.6, "trend": 264.616999, "fair_value": 175.474743, "relative_strength": -7.779432, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.777126, "energy": 68.70438, "activity_lines": [ 205.882667, 214.56709, 234.732808, 248.61202 ] }, { "date": "2024-12-13", "close": 204.220001, "volume": 8882, "typical_volume": 87030.55, "trend": 261.389333, "fair_value": 176.076795, "relative_strength": -15.487563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.679736, "energy": 56.000764, "activity_lines": [ 205.486, 210.885091, 230.434904, 244.71544 ] }, { "date": "2024-12-20", "close": 210.0, "volume": 23219, "typical_volume": 87465.75, "trend": 258.460999, "fair_value": 176.505641, "relative_strength": -8.913131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.440368, "energy": 42.444125, "activity_lines": [ 208.06, 209.278182, 227.09619, 241.399999 ] }, { "date": "2024-12-27", "close": 204.199997, "volume": 5635, "typical_volume": 86582.0, "trend": 256.197665, "fair_value": 176.335448, "relative_strength": -12.308746, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.928026, "energy": 40.635498, "activity_lines": [ 207.795999, 207.454, 223.633665, 237.899289 ] }, { "date": "2025-01-03", "close": 196.0, "volume": 13850, "typical_volume": 85172.3, "trend": 253.730999, "fair_value": 176.253718, "relative_strength": -16.49745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.196929, "energy": 56.023927, "activity_lines": [ 203.808666, 204.761636, 219.760666, 234.015569 ] }, { "date": "2025-01-10", "close": 189.809998, "volume": 12509, "typical_volume": 78395.0, "trend": 250.281332, "fair_value": 176.2525, "relative_strength": -17.154443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.373254, "energy": 69.678359, "activity_lines": [ 197.991332, 201.44109, 215.603856, 229.891633 ] }, { "date": "2025-01-17", "close": 192.020004, "volume": 95048, "typical_volume": 81713.0, "trend": 246.773666, "fair_value": 176.352628, "relative_strength": -15.330864, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.057146, "energy": 72.537498, "activity_lines": [ 195.049334, 199.421455, 211.900571, 226.132838 ] }, { "date": "2025-01-24", "close": 179.949997, "volume": 29870, "typical_volume": 65010.95, "trend": 243.446999, "fair_value": 176.421218, "relative_strength": -20.180348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.532572, "energy": 77.749796, "activity_lines": [ 188.897333, 195.713818, 207.323856, 221.821634 ] }, { "date": "2025-01-31", "close": 179.710007, "volume": 25116, "typical_volume": 62371.4, "trend": 238.627333, "fair_value": 176.448525, "relative_strength": -21.598157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.026401, "energy": 72.90661, "activity_lines": [ 184.668669, 192.262183, 203.175238, 217.70957 ] }, { "date": "2025-02-07", "close": 174.589996, "volume": 15541, "typical_volume": 57986.85, "trend": 233.976999, "fair_value": 176.601666, "relative_strength": -23.901829, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.561303, "energy": 70.547614, "activity_lines": [ 180.366, 188.054909, 198.942047, 213.578128 ] }, { "date": "2025-02-14", "close": 167.419998, "volume": 29511, "typical_volume": 39002.4, "trend": 229.495999, "fair_value": 176.807243, "relative_strength": -24.932898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.849637, "energy": 77.399183, "activity_lines": [ 175.100666, 182.996909, 194.501047, 209.284128 ] }, { "date": "2025-02-21", "close": 154.720001, "volume": 50765, "typical_volume": 31580.25, "trend": 224.985, "fair_value": 176.998718, "relative_strength": -30.075585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.101973, "energy": 80.309902, "activity_lines": [ 167.094666, 176.620182, 189.509476, 204.45987 ] }, { "date": "2025-02-28", "close": 140.389999, "volume": 21133, "typical_volume": 28990.6, "trend": 219.664666, "fair_value": 177.090641, "relative_strength": -34.457032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.225866, "energy": 89.032381, "activity_lines": [ 156.798666, 168.538, 183.657095, 199.002128 ] }, { "date": "2025-03-07", "close": 137.009995, "volume": 114882, "typical_volume": 33315.4, "trend": 214.831666, "fair_value": 177.145833, "relative_strength": -37.063881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.72182, "energy": 91.80602, "activity_lines": [ 148.013331, 161.106908, 178.033571, 193.669569 ] }, { "date": "2025-03-14", "close": 132.399994, "volume": 51320, "typical_volume": 34562.6, "trend": 210.571665, "fair_value": 177.20641, "relative_strength": -38.54041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.812558, "energy": 91.534511, "activity_lines": [ 140.537996, 154.059271, 172.454046, 188.351397 ] }, { "date": "2025-03-21", "close": 133.710007, "volume": 114309, "typical_volume": 39482.15, "trend": 207.000332, "fair_value": 177.290128, "relative_strength": -40.230659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.129833, "energy": 87.928551, "activity_lines": [ 136.312, 148.406181, 167.432381, 183.39258 ] }, { "date": "2025-03-28", "close": 126.709999, "volume": 83231, "typical_volume": 41942.25, "trend": 202.890665, "fair_value": 177.33891, "relative_strength": -43.509784, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.625871, "energy": 85.072698, "activity_lines": [ 132.0, 142.500363, 162.246666, 178.212558 ] }, { "date": "2025-04-04", "close": 129.910004, "volume": 50189, "typical_volume": 43054.3, "trend": 198.065999, "fair_value": 177.331282, "relative_strength": -40.257239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.606755, "energy": 66.837511, "activity_lines": [ 130.622001, 138.363818, 157.809381, 173.504129 ] }, { "date": "2025-04-11", "close": 123.709999, "volume": 106795, "typical_volume": 45799.3, "trend": 193.377999, "fair_value": 177.281346, "relative_strength": -42.637276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.768339, "energy": 67.159817, "activity_lines": [ 127.876001, 134.009818, 153.098381, 168.706967 ] }, { "date": "2025-04-18", "close": 137.220001, "volume": 39056, "typical_volume": 45928.95, "trend": 188.806999, "fair_value": 177.344295, "relative_strength": -38.845015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.665212, "energy": 61.51258, "activity_lines": [ 130.520001, 133.130364, 149.986619, 165.083871 ] }, { "date": "2025-04-25", "close": 149.029999, "volume": 114315, "typical_volume": 50258.8, "trend": 183.581332, "fair_value": 177.504743, "relative_strength": -33.691472, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.280466, "energy": 45.413354, "activity_lines": [ 136.779334, 135.077637, 148.29619, 162.517613 ] }, { "date": "2025-05-02", "close": 150.520004, "volume": 68587, "typical_volume": 53244.05, "trend": 179.913666, "fair_value": 177.706154, "relative_strength": -33.559013, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.821425, "energy": 33.603431, "activity_lines": [ 142.514001, 137.630183, 147.094619, 160.384624 ] }, { "date": "2025-05-09", "close": 144.919998, "volume": 44057, "typical_volume": 54285.95, "trend": 176.209333, "fair_value": 177.903718, "relative_strength": -34.412957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.708272, "energy": 24.868007, "activity_lines": [ 144.794667, 139.24091, 145.615429, 158.126968 ] }, { "date": "2025-05-16", "close": 161.410004, "volume": 48308, "typical_volume": 56419.6, "trend": 173.641334, "fair_value": 178.206987, "relative_strength": -28.871381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.963844, "energy": 22.929641, "activity_lines": [ 151.571335, 143.767456, 146.01662, 157.172172 ] }, { "date": "2025-05-23", "close": 167.389999, "volume": 67701, "typical_volume": 59112.15, "trend": 171.776, "fair_value": 178.540897, "relative_strength": -24.746058, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.059091, "energy": 19.363296, "activity_lines": [ 157.828001, 148.937637, 147.191096, 156.76886 ] }, { "date": "2025-05-30", "close": 159.949997, "volume": 34493, "typical_volume": 60211.35, "trend": 169.132333, "fair_value": 178.831602, "relative_strength": -26.911502, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.43725, "energy": 19.601835, "activity_lines": [ 159.593333, 152.118909, 147.793238, 156.005892 ] }, { "date": "2025-06-06", "close": 165.649994, "volume": 71507, "typical_volume": 59034.3, "trend": 167.324666, "fair_value": 179.168461, "relative_strength": -24.252457, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.543557, "energy": 23.436834, "activity_lines": [ 162.530664, 155.859453, 149.080428, 155.781225 ] }, { "date": "2025-06-13", "close": 162.020004, "volume": 127683, "typical_volume": 63924.95, "trend": 166.177667, "fair_value": 179.526602, "relative_strength": -24.067323, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.686635, "energy": 19.012208, "activity_lines": [ 163.249333, 158.232, 150.147476, 155.438989 ] }, { "date": "2025-06-20", "close": 151.0, "volume": 45138, "typical_volume": 64926.05, "trend": 164.899333, "fair_value": 179.814423, "relative_strength": -29.296565, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.110259, "energy": 10.990606, "activity_lines": [ 159.154666, 158.017091, 150.250381, 154.459785 ] }, { "date": "2025-06-27", "close": 157.389999, "volume": 48101, "typical_volume": 66554.05, "trend": 163.495666, "fair_value": 180.121089, "relative_strength": -26.903709, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.0123, "energy": 12.119281, "activity_lines": [ 157.883999, 158.467818, 151.098571, 153.975312 ] }, { "date": "2025-07-04", "close": 156.850006, "volume": 41769, "typical_volume": 67166.95, "trend": 161.327667, "fair_value": 180.344487, "relative_strength": -25.423909, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.56314, "energy": 11.320043, "activity_lines": [ 157.100002, 158.453637, 151.977239, 153.546559 ] }, { "date": "2025-07-11", "close": 153.800003, "volume": 29822, "typical_volume": 66119.8, "trend": 159.647, "fair_value": 180.468525, "relative_strength": -24.795655, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.356694, "energy": 14.798331, "activity_lines": [ 155.506003, 157.742728, 152.615763, 153.060904 ] }, { "date": "2025-07-18", "close": 151.610001, "volume": 29359, "typical_volume": 66531.1, "trend": 157.700667, "fair_value": 180.598397, "relative_strength": -24.210623, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.280238, "energy": 11.791415, "activity_lines": [ 153.972002, 156.574001, 153.050096, 152.542388 ] }, { "date": "2025-07-25", "close": 148.759995, "volume": 23939, "typical_volume": 61983.95, "trend": 155.852667, "fair_value": 180.669936, "relative_strength": -24.206793, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.351704, "energy": 16.304236, "activity_lines": [ 152.182, 154.765455, 153.159572, 151.96557 ] }, { "date": "2025-08-01", "close": 144.350006, "volume": 20912, "typical_volume": 60463.55, "trend": 154.131, "fair_value": 180.779231, "relative_strength": -24.489901, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.910973, "energy": 26.490845, "activity_lines": [ 149.071335, 152.385092, 152.793096, 151.223463 ] }, { "date": "2025-08-08", "close": 143.309998, "volume": 17178, "typical_volume": 55607.0, "trend": 152.581, "fair_value": 180.887948, "relative_strength": -23.334109, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.822602, "energy": 37.561725, "activity_lines": [ 146.483334, 150.234546, 152.270667, 150.525334 ] }, { "date": "2025-08-15", "close": 152.419998, "volume": 30955, "typical_volume": 52993.2, "trend": 151.261, "fair_value": 181.043205, "relative_strength": -18.445375, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -22.526532, "energy": 26.158757, "activity_lines": [ 147.834666, 150.042909, 152.570143, 150.514946 ] }, { "date": "2025-08-22", "close": 147.669998, "volume": 17050, "typical_volume": 51336.25, "trend": 150.185, "fair_value": 181.167372, "relative_strength": -20.991683, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -14.849356, "energy": 24.826677, "activity_lines": [ 147.694666, 149.228182, 152.29481, 150.283269 ] }, { "date": "2025-08-29", "close": 147.009995, "volume": 9352, "typical_volume": 46464.1, "trend": 149.095, "fair_value": 181.220641, "relative_strength": -19.112747, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.004177, "energy": 18.677806, "activity_lines": [ 147.597331, 148.554362, 151.872047, 150.07843 ] }, { "date": "2025-09-05", "close": 145.869995, "volume": 17443, "typical_volume": 45383.45, "trend": 148.137666, "fair_value": 181.284871, "relative_strength": -19.688958, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.613309, "energy": 11.012185, "activity_lines": [ 147.236663, 147.745816, 151.229761, 149.870365 ] }, { "date": "2025-09-12", "close": 148.679993, "volume": 39659, "typical_volume": 41650.65, "trend": 147.513, "fair_value": 181.362628, "relative_strength": -18.394597, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 15.610039, "energy": 11.531385, "activity_lines": [ 147.711328, 147.657633, 150.813903, 149.905354 ] }, { "date": "2025-09-19", "close": 154.610001, "volume": 60822, "typical_volume": 41262.4, "trend": 147.509333, "fair_value": 181.503717, "relative_strength": -14.830269, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 30.352548, "energy": 12.751202, "activity_lines": [ 149.804663, 148.796179, 150.964475, 150.363225 ] }, { "date": "2025-09-26", "close": 150.360001, "volume": 36856, "typical_volume": 40902.35, "trend": 147.841666, "fair_value": 181.651538, "relative_strength": -13.618834, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 23.752357, "energy": 11.38203, "activity_lines": [ 150.335332, 149.147271, 150.690808, 150.547139 ] }, { "date": "2025-10-03", "close": 150.619995, "volume": 37009, "typical_volume": 40337.4, "trend": 148.295333, "fair_value": 181.757756, "relative_strength": -13.27083, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 17.755205, "energy": 10.764177, "activity_lines": [ 150.773331, 149.568361, 150.415998, 150.726386 ] }, { "date": "2025-10-10", "close": 146.830002, "volume": 23529, "typical_volume": 38128.8, "trend": 148.776333, "fair_value": 181.847371, "relative_strength": -15.72717, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 11.481764, "energy": 7.256182, "activity_lines": [ 149.707333, 149.266543, 149.831618, 150.631849 ] }, { "date": "2025-10-17", "close": 129.929993, "volume": 117113, "typical_volume": 42259.8, "trend": 148.650333, "fair_value": 181.761987, "relative_strength": -25.716923, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -40.552828, "energy": 38.638549, "activity_lines": [ 142.943997, 145.846906, 147.735617, 149.415956 ] }, { "date": "2025-10-24", "close": 133.089996, "volume": 16953, "typical_volume": 39532.1, "trend": 148.862999, "fair_value": 181.546538, "relative_strength": -23.277702, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.516765, "energy": 60.646853, "activity_lines": [ 138.483997, 143.245088, 146.083522, 148.412063 ] }, { "date": "2025-10-31", "close": 131.710007, "volume": 28788, "typical_volume": 34587.35, "trend": 148.922999, "fair_value": 181.39532, "relative_strength": -22.814942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.726875, "energy": 68.342479, "activity_lines": [ 134.998666, 140.743817, 144.455046, 147.305418 ] }, { "date": "2025-11-07", "close": 145.779999, "volume": 374410, "typical_volume": 51050.95, "trend": 149.658666, "fair_value": 181.324038, "relative_strength": -12.944811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.75713, "energy": 56.99017, "activity_lines": [ 137.446667, 141.090908, 144.310903, 147.102644 ] }, { "date": "2025-11-14", "close": 134.220001, "volume": 69010, "typical_volume": 52096.4, "trend": 149.558666, "fair_value": 181.248846, "relative_strength": -20.402409, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.598729, "energy": 46.094208, "activity_lines": [ 136.364, 139.358545, 143.090665, 146.106601 ] }, { "date": "2025-11-21", "close": 133.009995, "volume": 36564, "typical_volume": 51836.15, "trend": 149.024666, "fair_value": 181.118141, "relative_strength": -20.940101, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.548198, "energy": 35.463983, "activity_lines": [ 135.718666, 137.617999, 141.865522, 145.038945 ] }, { "date": "2025-11-28", "close": 134.320007, "volume": 16575, "typical_volume": 51173.8, "trend": 148.484666, "fair_value": 181.021474, "relative_strength": -19.821698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.122726, "energy": 30.954022, "activity_lines": [ 135.304668, 136.400546, 140.878666, 144.090257 ] }, { "date": "2025-12-05", "close": 135.830002, "volume": 17655, "typical_volume": 50588.6, "trend": 148.181666, "fair_value": 180.905641, "relative_strength": -17.930106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.105954, "energy": 32.629109, "activity_lines": [ 135.312002, 135.826546, 140.12838, 143.273827 ] }, { "date": "2025-12-12", "close": 132.550003, "volume": 33103, "typical_volume": 51046.8, "trend": 147.219666, "fair_value": 180.791859, "relative_strength": -18.702218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.938399, "energy": 33.763779, "activity_lines": [ 133.951336, 134.920365, 139.140857, 142.265333 ] }, { "date": "2025-12-19", "close": 131.380005, "volume": 32195, "typical_volume": 51610.95, "trend": 146.019333, "fair_value": 180.798141, "relative_strength": -18.204028, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.536292, "energy": 33.831584, "activity_lines": [ 133.08267, 134.130002, 138.119096, 141.243419 ] }, { "date": "2025-12-26", "close": 132.410004, "volume": 37696, "typical_volume": 52636.85, "trend": 145.101333, "fair_value": 180.754295, "relative_strength": -16.901238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.750612, "energy": 32.826057, "activity_lines": [ 132.746671, 133.807821, 137.257191, 140.365398 ] }, { "date": "2026-01-02", "close": 131.449997, "volume": 15068, "typical_volume": 51842.5, "trend": 143.961333, "fair_value": 180.709102, "relative_strength": -17.578831, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.852293, "energy": 35.896306, "activity_lines": [ 132.130668, 133.266002, 136.355763, 139.484667 ] }, { "date": "2026-01-09", "close": 127.120003, "volume": 22614, "typical_volume": 52120.7, "trend": 142.798, "fair_value": 180.636795, "relative_strength": -17.465661, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.595323, "energy": 42.663572, "activity_lines": [ 130.262669, 131.966729, 135.141811, 138.398129 ] }, { "date": "2026-01-16", "close": 123.830002, "volume": 20808, "typical_volume": 52693.5, "trend": 141.892333, "fair_value": 180.55782, "relative_strength": -18.735627, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.769446, "energy": 57.649219, "activity_lines": [ 127.878668, 130.152729, 133.712382, 137.174388 ] }, { "date": "2026-01-23", "close": 121.790001, "volume": 30701, "typical_volume": 53356.4, "trend": 140.705667, "fair_value": 180.483718, "relative_strength": -17.227508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.334912, "energy": 61.121516, "activity_lines": [ 125.396001, 128.366911, 132.199049, 135.877463 ] }, { "date": "2026-01-30", "close": 127.25, "volume": 13182, "typical_volume": 52032.55, "trend": 139.719, "fair_value": 180.450064, "relative_strength": -13.705848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.613087, "energy": 52.231809, "activity_lines": [ 125.372668, 127.79982, 131.320382, 135.009355 ] }, { "date": "2026-02-06", "close": 128.889999, "volume": 15112, "typical_volume": 49747.05, "trend": 138.888666, "fair_value": 180.374679, "relative_strength": -13.176364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.570576, "energy": 45.262956, "activity_lines": [ 126.24, 127.635637, 130.699953, 134.31071 ] }, { "date": "2026-02-13", "close": 124.980003, "volume": 24483, "typical_volume": 49128.4, "trend": 138.001, "fair_value": 180.280641, "relative_strength": -14.392086, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.800449, "energy": 37.741529, "activity_lines": [ 125.974668, 126.859274, 129.82962, 133.413377 ] }, { "date": "2026-02-20", "close": 125.550003, "volume": 13447, "typical_volume": 47950.3, "trend": 137.227333, "fair_value": 180.209167, "relative_strength": -13.795467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.833219, "energy": 31.542942, "activity_lines": [ 126.042002, 126.38382, 129.13443, 132.610087 ] }, { "date": "2026-02-27", "close": 123.919998, "volume": 13840, "typical_volume": 47465.85, "trend": 136.546333, "fair_value": 180.053205, "relative_strength": -13.17054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.305503, "energy": 32.304094, "activity_lines": [ 125.451334, 125.739274, 128.403382, 131.751549 ] }, { "date": "2026-03-06", "close": 120.139999, "volume": 14631, "typical_volume": 42341.75, "trend": 135.774, "fair_value": 179.869167, "relative_strength": -12.969033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.479016, "energy": 39.356004, "activity_lines": [ 123.458667, 124.543091, 127.42143, 130.693076 ] }, { "date": "2026-03-13", "close": 118.540001, "volume": 14685, "typical_volume": 42228.35, "trend": 134.644667, "fair_value": 179.67391, "relative_strength": -9.063488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.842784, "energy": 44.624838, "activity_lines": [ 121.406667, 123.279091, 126.333715, 129.581205 ] }, { "date": "2026-03-20", "close": 119.980003, "volume": 17550, "typical_volume": 41666.45, "trend": 133.721667, "fair_value": 179.520577, "relative_strength": -7.644137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.070924, "energy": 50.012488, "activity_lines": [ 120.524668, 122.511637, 125.45243, 128.635098 ] }, { "date": "2026-03-27", "close": 111.360001, "volume": 28663, "typical_volume": 24379.1, "trend": 132.533334, "fair_value": 179.285705, "relative_strength": -13.020669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.863745, "energy": 66.09265, "activity_lines": [ 117.102668, 120.306728, 123.806049, 127.19241 ] }, { "date": "2026-04-03", "close": 115.639999, "volume": 18965, "typical_volume": 21876.85, "trend": 131.525667, "fair_value": 179.021538, "relative_strength": -9.073284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.95609, "energy": 53.542907, "activity_lines": [ 116.053334, 119.106728, 122.731191, 126.102517 ] }, { "date": "2026-04-10", "close": 123.699997, "volume": 20703, "typical_volume": 21083.8, "trend": 130.693001, "fair_value": 178.814808, "relative_strength": -8.057749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.731658, "energy": 36.227741, "activity_lines": [ 118.242666, 119.484, 122.512429, 125.597635 ] }, { "date": "2026-04-17", "close": 141.639999, "volume": 54017, "typical_volume": 22955.9, "trend": 130.260667, "fair_value": 178.774038, "relative_strength": 3.944385, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.224974, "energy": 6.608541, "activity_lines": [ 126.174666, 123.187636, 124.046572, 126.303893 ] }, { "date": "2026-04-24", "close": 133.330002, "volume": 77683, "typical_volume": 25957.3, "trend": 129.693001, "fair_value": 178.635769, "relative_strength": -0.075609, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.845458, "energy": 19.429141, "activity_lines": [ 129.796666, 125.148545, 124.754429, 126.501915 ] }, { "date": "2026-05-01", "close": 132.0, "volume": 12941, "typical_volume": 24949.2, "trend": 129.072334, "fair_value": 178.494423, "relative_strength": -1.251086, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.598855, "energy": 25.095744, "activity_lines": [ 132.085333, 126.715818, 125.347524, 126.650753 ] }, { "date": "2026-05-08", "close": 149.830002, "volume": 92990, "typical_volume": 27988.95, "trend": 129.172334, "fair_value": 178.484038, "relative_strength": 11.197612, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.404694, "energy": 49.073778, "activity_lines": [ 138.941334, 131.407637, 127.641334, 127.989958 ] }, { "date": "2026-05-15", "close": 169.350006, "volume": 807301, "typical_volume": 66469.2, "trend": 130.486334, "fair_value": 178.585641, "relative_strength": 28.201349, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 84.559267, "energy": 79.00416, "activity_lines": [ 150.024669, 139.177456, 131.706334, 130.582066 ] }, { "date": "2026-05-22", "close": 157.550003, "volume": 96929, "typical_volume": 70562.25, "trend": 131.301668, "fair_value": 178.593974, "relative_strength": 18.925383, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.365141, "energy": 75.678537, "activity_lines": [ 154.131336, 143.907093, 134.47162, 132.328109 ] }, { "date": "2026-05-29", "close": 160.520004, "volume": 35058, "typical_volume": 71184.45, "trend": 132.262001, "fair_value": 178.624872, "relative_strength": 21.90127, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.700811, "energy": 77.316641, "activity_lines": [ 158.167337, 148.467457, 137.395478, 134.213163 ] }, { "date": "2026-06-05", "close": 157.281998, "volume": 2516, "typical_volume": 70269.85, "trend": 132.645401, "fair_value": 178.535974, "relative_strength": 20.323953, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.476695, "energy": 71.371208, "activity_lines": [ 159.311335, 151.702002, 139.851906, 135.827356 ] }, { "date": "2026-06-12", "close": 164.144852, "volume": 5765, "typical_volume": 69023.05, "trend": 133.642896, "fair_value": 178.515429, "relative_strength": 24.044268, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.052578, "energy": 61.632259, "activity_lines": [ 161.057485, 155.349393, 142.802644, 137.859579 ] }, { "date": "2026-06-19", "close": 167.487274, "volume": 1479, "typical_volume": 68437.9, "trend": 134.792139, "fair_value": 178.564065, "relative_strength": 24.103639, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.996643, "energy": 57.037046, "activity_lines": [ 162.963452, 158.722591, 145.870018, 140.043087 ] }, { "date": "2026-06-26", "close": 177.277237, "volume": 0, "typical_volume": 67682.3, "trend": 136.224047, "fair_value": 178.644368, "relative_strength": 30.573766, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.871799, "energy": 64.441811, "activity_lines": [ 168.256922, 163.079649, 149.678164, 142.784061 ] }, { "date": "2026-07-03", "close": 171.966919, "volume": 8668, "typical_volume": 66891.55, "trend": 137.42861, "fair_value": 178.670117, "relative_strength": 25.146796, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.751678, "energy": 64.52061, "activity_lines": [ 170.465138, 165.823246, 152.75015, 145.090053 ] }, { "date": "2026-07-10", "close": 186.809998, "volume": 52313, "typical_volume": 68834.85, "trend": 139.237277, "fair_value": 178.800951, "relative_strength": 35.570161, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.076541, "energy": 75.765532, "activity_lines": [ 176.857918, 170.563095, 157.012015, 148.275949 ] }, { "date": "2026-07-17", "close": 208.160004, "volume": 83402, "typical_volume": 72312.95, "trend": 141.79661, "fair_value": 179.020887, "relative_strength": 49.023609, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.122574, "energy": 90.114406, "activity_lines": [ 188.398834, 178.188217, 163.0155, 152.722576 ] }, { "date": "2026-07-24", "close": 201.899994, "volume": 59142, "typical_volume": 74538.5, "trend": 144.112943, "fair_value": 179.209027, "relative_strength": 46.757515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.491087, "energy": 85.758554, "activity_lines": [ 194.918737, 183.614611, 168.02165, 156.600214 ] }, { "date": "2026-07-31", "close": 200.399994, "volume": 17661, "typical_volume": 74687.3, "trend": 146.411276, "fair_value": 179.397168, "relative_strength": 40.889847, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.440577, "energy": 80.810831, "activity_lines": [ 198.644458, 188.176459, 172.49561, 160.231637 ] }, { "date": "2026-08-07", "close": 215.190002, "volume": 32833, "typical_volume": 75451.45, "trend": 149.346943, "fair_value": 179.68204, "relative_strength": 48.726129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.742404, "energy": 83.370806, "activity_lines": [ 205.758665, 194.648309, 177.988333, 164.668974 ] } ], "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." } } }