{ "ticker": { "uuid": "954a6837-43c4-454b-8b4e-a79b8bc00b7a", "symbol": "RPPINFRA", "name": "R.P.P. Infra Projects 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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -73.742, "architecture_energy": 60.001, "architecture_maturity": 100.0, "architecture_confidence": 91.718, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 8.7, "rotation_up": 18.78, "upward_expansion": 10.07, "deceleration": 44.98, "rotation_down": 65.46, "downward_expansion": 85.74 }, "activity_lines": [ 60.329334, 61.670727, 65.445285, 67.734107 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": -0.833333 }, "latest_close": 57.860001, "trend_reference": 71.912, "distance_from_trend": -0.195405, "trend_direction": "Weakening", "fair_value": 124.252986, "distance_from_fair_value": -0.534337, "fair_value_direction": "Weakening", "relative_strength": -35.479438, "relative_strength_direction": "Weakening", "price_momentum": -0.343619, "excess_performance": -0.29991, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.195405, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.163, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.534337, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.176729, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.354794, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.104855, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.343619, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.155273, "read": "Supply-led" } ], "volume": { "latest": 1937702, "relative_activity": 6.310818, "balance": 0.155273, "dry_up": 1.979334, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.093967, "annualized_volatility": 0.518695, "from_high_reference": -0.658197, "from_low_reference": 0.051235 }, "levels": { "trend_reference": 71.912, "fair_value_reference": 124.252986, "structural_low": 55.040001, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 26, "median_return": -0.053651, "positive_rate": 0.307692, "directional_follow_through": 0.692308, "median_excess_return": -0.052217, "regime_survival": 0.884615, "best_return": 0.231162, "worst_return": -0.202382, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.016447, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.008529, "regime_survival": 0.625, "best_return": 0.220196, "worst_return": -0.425343, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.166347, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.226648, "regime_survival": 0.5, "best_return": 0.182328, "worst_return": -0.267188, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.28406, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.381007, "regime_survival": 0.5, "best_return": -0.110151, "worst_return": -0.457968, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2022-12-02", "end": "2023-01-06", "tenure": "Developing", "return": 0.065574, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-01-13", "end": "2023-02-17", "tenure": "Developing", "return": -0.082983, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-02-24", "end": "2023-06-02", "tenure": "Established", "return": 0.289082, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-06-09", "end": "2024-03-01", "tenure": "Extended", "return": 1.080983, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-08", "end": "2024-06-07", "tenure": "Established", "return": 0.099907, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-14", "end": "2024-06-28", "tenure": "New", "return": 0.039005, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-07-05", "end": "2024-07-12", "tenure": "New", "return": 0.120632, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-10-04", "tenure": "Developing", "return": 0.14294, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-11", "end": "2024-12-20", "tenure": "Developing", "return": 0.247453, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-27", "end": "2025-01-03", "tenure": "New", "return": 0.001729, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-10", "end": "2025-02-07", "tenure": "Developing", "return": -0.027067, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-14", "end": "2025-05-02", "tenure": "Developing", "return": 0.061268, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-06-20", "tenure": "Developing", "return": -0.069505, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-27", "end": "2026-08-07", "tenure": "Extended", "return": -0.582304, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 62.968922, "volume": 632942, "typical_volume": 1220462.45, "trend": 48.599983, "fair_value": 47.500651, "relative_strength": 33.012938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.033835, "energy": 45.869263, "activity_lines": [ 61.318311, 61.025144, 56.65732, 52.88003 ] }, { "date": "2023-08-25", "close": 63.815815, "volume": 676070, "typical_volume": 1227686.15, "trend": 49.282479, "fair_value": 47.628534, "relative_strength": 34.090082, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.01911, "energy": 46.233968, "activity_lines": [ 62.165204, 61.721679, 57.76089, 53.861696 ] }, { "date": "2023-09-01", "close": 64.064903, "volume": 463788, "typical_volume": 1239600.95, "trend": 50.036379, "fair_value": 47.773675, "relative_strength": 32.555618, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.009193, "energy": 48.207074, "activity_lines": [ 63.022061, 62.316769, 58.785226, 54.815401 ] }, { "date": "2023-09-08", "close": 64.662704, "volume": 898344, "typical_volume": 1273166.75, "trend": 50.780316, "fair_value": 47.934215, "relative_strength": 30.245252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.688235, "energy": 51.011128, "activity_lines": [ 63.782603, 62.842114, 59.758796, 55.759035 ] }, { "date": "2023-09-15", "close": 67.253197, "volume": 868633, "typical_volume": 1303808.0, "trend": 51.572409, "fair_value": 48.094493, "relative_strength": 31.994178, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.400905, "energy": 60.545427, "activity_lines": [ 65.180804, 63.704404, 60.868296, 56.821801 ] }, { "date": "2023-09-22", "close": 67.601913, "volume": 384047, "typical_volume": 1305576.25, "trend": 52.487384, "fair_value": 48.290018, "relative_strength": 35.006624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.992866, "energy": 66.767507, "activity_lines": [ 66.197072, 64.540426, 61.890734, 57.855963 ] }, { "date": "2023-09-29", "close": 74.875229, "volume": 985294, "typical_volume": 1337398.7, "trend": 53.614913, "fair_value": 48.52542, "relative_strength": 47.947833, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.380345, "energy": 79.707441, "activity_lines": [ 69.328913, 66.630936, 63.488917, 59.30034 ] }, { "date": "2023-10-06", "close": 80.753654, "volume": 1065684, "typical_volume": 1377380.1, "trend": 54.918463, "fair_value": 48.765493, "relative_strength": 57.098622, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.434142, "energy": 93.471243, "activity_lines": [ 73.682935, 69.569244, 65.493703, 61.051226 ] }, { "date": "2023-10-13", "close": 76.220291, "volume": 828850, "typical_volume": 1406073.3, "trend": 56.138984, "fair_value": 49.006625, "relative_strength": 45.637176, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.136179, "energy": 87.349516, "activity_lines": [ 75.413252, 71.299259, 66.883602, 62.425538 ] }, { "date": "2023-10-20", "close": 79.707497, "volume": 664822, "typical_volume": 1323274.5, "trend": 57.439213, "fair_value": 49.26722, "relative_strength": 51.668734, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.163957, "energy": 90.054471, "activity_lines": [ 77.535465, 73.391581, 68.448099, 63.946087 ] }, { "date": "2023-10-27", "close": 78.860603, "volume": 544627, "typical_volume": 1204236.95, "trend": 58.746084, "fair_value": 49.537325, "relative_strength": 51.635959, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.792771, "energy": 82.084988, "activity_lines": [ 78.545094, 74.967616, 69.798856, 65.328112 ] }, { "date": "2023-11-03", "close": 76.419556, "volume": 288335, "typical_volume": 1134295.2, "trend": 59.886897, "fair_value": 49.80624, "relative_strength": 43.51453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.672358, "energy": 60.75048, "activity_lines": [ 77.990461, 75.810884, 70.802316, 66.468336 ] }, { "date": "2023-11-10", "close": 85.38665, "volume": 306288, "typical_volume": 1056595.75, "trend": 61.351522, "fair_value": 50.133118, "relative_strength": 56.204889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.266236, "energy": 67.02504, "activity_lines": [ 80.321905, 78.055374, 72.561337, 68.113482 ] }, { "date": "2023-11-17", "close": 96.147163, "volume": 1138646, "typical_volume": 1070027.1, "trend": 63.176492, "fair_value": 50.5256, "relative_strength": 69.746937, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.408301, "energy": 74.396242, "activity_lines": [ 85.931319, 81.868653, 75.196903, 70.358362 ] }, { "date": "2023-11-24", "close": 92.012337, "volume": 381763, "typical_volume": 826638.3, "trend": 64.843707, "fair_value": 50.895673, "relative_strength": 59.11287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.844574, "energy": 75.915251, "activity_lines": [ 88.834, 84.357701, 77.253641, 72.218739 ] }, { "date": "2023-12-01", "close": 95.599174, "volume": 208700, "typical_volume": 759878.35, "trend": 66.595611, "fair_value": 51.256451, "relative_strength": 58.735061, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.127194, "energy": 87.772369, "activity_lines": [ 92.111971, 87.048734, 79.510597, 74.202963 ] }, { "date": "2023-12-08", "close": 97.392593, "volume": 262404, "typical_volume": 603839.15, "trend": 68.41892, "fair_value": 51.628484, "relative_strength": 53.742576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.917895, "energy": 87.025323, "activity_lines": [ 94.871843, 89.556803, 81.787242, 76.189865 ] }, { "date": "2023-12-15", "close": 94.403564, "volume": 400605, "typical_volume": 593254.4, "trend": 70.155879, "fair_value": 51.970514, "relative_strength": 43.609635, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.953206, "energy": 65.616632, "activity_lines": [ 95.23717, 91.112005, 83.614109, 77.866293 ] }, { "date": "2023-12-22", "close": 95.30027, "volume": 292918, "typical_volume": 585340.35, "trend": 71.894499, "fair_value": 52.335641, "relative_strength": 43.508071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.882998, "energy": 62.292699, "activity_lines": [ 95.300271, 92.582064, 85.360795, 79.488512 ] }, { "date": "2023-12-29", "close": 115.725319, "volume": 951386, "typical_volume": 612207.3, "trend": 74.026674, "fair_value": 52.809289, "relative_strength": 67.988724, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.650012, "energy": 74.188272, "activity_lines": [ 102.228182, 97.418861, 88.890698, 82.316307 ] }, { "date": "2024-01-05", "close": 128.976685, "volume": 871231, "typical_volume": 624121.75, "trend": 76.500928, "fair_value": 53.306197, "relative_strength": 83.414832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.99787, "energy": 90.486797, "activity_lines": [ 111.992349, 104.010126, 93.416233, 85.861469 ] }, { "date": "2024-01-12", "close": 136.698349, "volume": 278879, "typical_volume": 604262.2, "trend": 79.199358, "fair_value": 53.883686, "relative_strength": 88.727566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.576194, "energy": 96.633178, "activity_lines": [ 122.105236, 111.09413, 98.362842, 89.745173 ] }, { "date": "2024-01-19", "close": 143.872025, "volume": 252188, "typical_volume": 593682.2, "trend": 82.186729, "fair_value": 54.506197, "relative_strength": 96.526174, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.349408, "energy": 96.503433, "activity_lines": [ 131.988966, 118.38646, 103.645598, 93.917604 ] }, { "date": "2024-01-26", "close": 142.975311, "volume": 186109, "typical_volume": 558070.45, "trend": 85.042913, "fair_value": 55.119827, "relative_strength": 93.124601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.278045, "energy": 93.007848, "activity_lines": [ 138.275893, 124.45238, 108.462919, 97.839448 ] }, { "date": "2024-02-02", "close": 151.593689, "volume": 174931, "typical_volume": 523385.35, "trend": 88.01866, "fair_value": 55.766776, "relative_strength": 95.076066, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.144377, "energy": 94.898613, "activity_lines": [ 144.257276, 131.233858, 113.728121, 102.133046 ] }, { "date": "2024-02-09", "close": 152.191498, "volume": 117552, "typical_volume": 510060.6, "trend": 90.962856, "fair_value": 56.407437, "relative_strength": 91.70133, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.901939, "energy": 91.873765, "activity_lines": [ 148.046705, 137.04073, 118.648636, 106.273229 ] }, { "date": "2024-02-16", "close": 137.644867, "volume": 242346, "typical_volume": 472913.2, "trend": 93.460357, "fair_value": 56.951959, "relative_strength": 67.960612, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.280821, "energy": 68.145034, "activity_lines": [ 145.439603, 139.17381, 121.78095, 109.284972 ] }, { "date": "2024-02-23", "close": 129.325409, "volume": 1007705, "typical_volume": 470014.25, "trend": 95.783498, "fair_value": 57.466042, "relative_strength": 53.784524, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.274695, "energy": 63.929065, "activity_lines": [ 139.996246, 139.062401, 123.822031, 111.598846 ] }, { "date": "2024-03-01", "close": 113.9319, "volume": 655319, "typical_volume": 461337.7, "trend": 97.538724, "fair_value": 57.8388, "relative_strength": 32.847932, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.935191, "energy": 39.285519, "activity_lines": [ 130.391495, 135.51723, 124.16577, 112.769711 ] }, { "date": "2024-03-08", "close": 107.206581, "volume": 355567, "typical_volume": 445874.95, "trend": 99.119589, "fair_value": 58.190614, "relative_strength": 22.686541, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.012981, "energy": 30.335047, "activity_lines": [ 120.481198, 130.410516, 123.689423, 113.393444 ] }, { "date": "2024-03-15", "close": 104.167732, "volume": 630263, "typical_volume": 450156.75, "trend": 100.492883, "fair_value": 58.525599, "relative_strength": 20.316353, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.103992, "energy": 27.305574, "activity_lines": [ 112.517091, 124.906171, 122.792714, 113.71913 ] }, { "date": "2024-03-22", "close": 107.057121, "volume": 413911, "typical_volume": 456435.55, "trend": 101.934259, "fair_value": 58.921996, "relative_strength": 21.787466, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.27982, "energy": 28.147088, "activity_lines": [ 108.717699, 120.378241, 122.050675, 114.142629 ] }, { "date": "2024-03-29", "close": 107.256401, "volume": 221980, "typical_volume": 452220.15, "trend": 103.373976, "fair_value": 59.310996, "relative_strength": 19.303297, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.398462, "energy": 28.900155, "activity_lines": [ 107.023916, 116.425475, 121.181721, 114.485993 ] }, { "date": "2024-04-05", "close": 122.052101, "volume": 343763, "typical_volume": 412476.0, "trend": 105.286956, "fair_value": 59.803996, "relative_strength": 32.717866, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.15305, "energy": 20.076169, "activity_lines": [ 111.733301, 115.828575, 121.617741, 115.691034 ] }, { "date": "2024-04-12", "close": 111.142143, "volume": 185965, "typical_volume": 402686.1, "trend": 106.749921, "fair_value": 60.256216, "relative_strength": 19.357017, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.109692, "energy": 12.638212, "activity_lines": [ 112.264686, 113.628468, 120.891359, 116.068788 ] }, { "date": "2024-04-19", "close": 118.216179, "volume": 270642, "typical_volume": 405783.2, "trend": 108.437063, "fair_value": 60.728964, "relative_strength": 27.318863, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.819949, "energy": 11.562278, "activity_lines": [ 114.891713, 113.450032, 120.747601, 116.808546 ] }, { "date": "2024-04-26", "close": 130.471207, "volume": 657155, "typical_volume": 425520.75, "trend": 110.290262, "fair_value": 61.272559, "relative_strength": 36.616821, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.582962, "energy": 26.76579, "activity_lines": [ 120.667186, 116.117517, 121.663289, 118.230104 ] }, { "date": "2024-05-03", "close": 122.052101, "volume": 172194, "typical_volume": 414100.2, "trend": 111.666877, "fair_value": 61.746042, "relative_strength": 25.752708, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.276155, "energy": 21.375335, "activity_lines": [ 122.07535, 117.384685, 121.61964, 118.988932 ] }, { "date": "2024-05-10", "close": 110.394882, "volume": 101218, "typical_volume": 404515.2, "trend": 112.80603, "fair_value": 62.160943, "relative_strength": 14.547194, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.608844, "energy": 14.133807, "activity_lines": [ 118.611396, 116.6646, 120.33412, 118.906868 ] }, { "date": "2024-05-17", "close": 117.070381, "volume": 241244, "typical_volume": 369008.1, "trend": 114.05146, "fair_value": 62.572614, "relative_strength": 17.75564, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.013379, "energy": 14.1225, "activity_lines": [ 118.149755, 117.222552, 119.612482, 119.181988 ] }, { "date": "2024-05-24", "close": 115.575867, "volume": 165108, "typical_volume": 333701.95, "trend": 115.275302, "fair_value": 62.994944, "relative_strength": 12.445485, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.174536, "energy": 4.340314, "activity_lines": [ 116.794728, 117.329433, 118.742105, 119.280336 ] }, { "date": "2024-05-31", "close": 111.291588, "volume": 180420, "typical_volume": 328779.0, "trend": 116.437703, "fair_value": 63.377764, "relative_strength": 9.318369, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.097146, "energy": 24.919359, "activity_lines": [ 114.187628, 116.449933, 117.527514, 119.023323 ] }, { "date": "2024-06-07", "close": 117.917274, "volume": 516074, "typical_volume": 341973.3, "trend": 117.522057, "fair_value": 63.809802, "relative_strength": 11.050691, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.531075, "energy": 17.649144, "activity_lines": [ 115.067731, 116.698112, 117.064926, 119.118779 ] }, { "date": "2024-06-14", "close": 128.229431, "volume": 553036, "typical_volume": 360319.65, "trend": 118.591466, "fair_value": 64.323606, "relative_strength": 18.606953, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.73544, "energy": 10.842809, "activity_lines": [ 119.660875, 118.627396, 117.708042, 119.809577 ] }, { "date": "2024-06-21", "close": 129.355301, "volume": 431991, "typical_volume": 373172.65, "trend": 119.836231, "fair_value": 64.834989, "relative_strength": 18.186116, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 26.180973, "energy": 28.62794, "activity_lines": [ 123.44034, 120.649068, 118.528603, 120.504018 ] }, { "date": "2024-06-28", "close": 133.231079, "volume": 4036875, "typical_volume": 569138.8, "trend": 121.090628, "fair_value": 65.368808, "relative_strength": 17.896349, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 32.356682, "energy": 36.945679, "activity_lines": [ 127.692735, 123.044278, 119.824182, 121.368202 ] }, { "date": "2024-07-05", "close": 145.117447, "volume": 969587, "typical_volume": 605500.85, "trend": 122.681457, "fair_value": 65.975929, "relative_strength": 25.356247, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.269053, "energy": 60.742979, "activity_lines": [ 134.730239, 127.327648, 122.342084, 122.918319 ] }, { "date": "2024-07-12", "close": 162.623215, "volume": 11174329, "typical_volume": 1113832.05, "trend": 124.955445, "fair_value": 66.599368, "relative_strength": 37.580958, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.529552, "energy": 81.125878, "activity_lines": [ 145.347942, 134.52759, 126.491618, 125.495207 ] }, { "date": "2024-07-19", "close": 155.090866, "volume": 1449874, "typical_volume": 1153559.8, "trend": 126.948465, "fair_value": 67.158137, "relative_strength": 29.431639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.224489, "energy": 79.006354, "activity_lines": [ 150.474466, 139.620357, 129.765225, 127.439427 ] }, { "date": "2024-07-26", "close": 196.967178, "volume": 5179345, "typical_volume": 1394748.7, "trend": 129.656527, "fair_value": 68.007994, "relative_strength": 59.297436, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.256266, "energy": 93.468971, "activity_lines": [ 167.768998, 151.514345, 136.831056, 131.956764 ] }, { "date": "2024-08-02", "close": 209.06279, "volume": 3707192, "typical_volume": 1548595.15, "trend": 132.326064, "fair_value": 68.938037, "relative_strength": 66.461566, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.689197, "energy": 95.805243, "activity_lines": [ 184.587942, 164.154866, 144.62142, 137.079748 ] }, { "date": "2024-08-09", "close": 214.961151, "volume": 2379693, "typical_volume": 1646884.25, "trend": 134.934824, "fair_value": 69.918661, "relative_strength": 69.923291, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.199334, "energy": 94.098968, "activity_lines": [ 198.31756, 176.168054, 152.474031, 142.411044 ] }, { "date": "2024-08-16", "close": 194.227234, "volume": 1246439, "typical_volume": 1698107.2, "trend": 136.613331, "fair_value": 70.78782, "relative_strength": 49.86381, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.719337, "energy": 86.577911, "activity_lines": [ 200.479624, 182.526538, 157.838156, 146.236361 ] }, { "date": "2024-08-23", "close": 214.722015, "volume": 747986, "typical_volume": 1718318.35, "trend": 139.004888, "fair_value": 71.810523, "relative_strength": 60.672226, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.39504, "energy": 80.170315, "activity_lines": [ 207.366348, 191.223892, 164.740017, 151.275631 ] }, { "date": "2024-08-30", "close": 216.047165, "volume": 1306643, "typical_volume": 1774352.25, "trend": 141.153337, "fair_value": 72.834011, "relative_strength": 56.084353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.200242, "energy": 64.37123, "activity_lines": [ 210.719379, 198.58959, 171.326798, 156.246101 ] }, { "date": "2024-09-06", "close": 223.878418, "volume": 802086, "typical_volume": 1800924.45, "trend": 143.542901, "fair_value": 73.884567, "relative_strength": 60.996193, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.018363, "energy": 62.823451, "activity_lines": [ 215.410828, 205.802936, 178.159865, 161.583203 ] }, { "date": "2024-09-13", "close": 214.054474, "volume": 347204, "typical_volume": 1785426.9, "trend": 146.089888, "fair_value": 74.764926, "relative_strength": 48.265315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.80521, "energy": 57.898425, "activity_lines": [ 215.83992, 209.581977, 183.554164, 166.132336 ] }, { "date": "2024-09-20", "close": 200.344788, "volume": 383841, "typical_volume": 1796009.25, "trend": 148.4572, "fair_value": 75.604665, "relative_strength": 34.464296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.069047, "energy": 49.916018, "activity_lines": [ 211.759562, 209.614947, 187.244764, 169.632653 ] }, { "date": "2024-09-27", "close": 194.874863, "volume": 445621, "typical_volume": 1813229.4, "trend": 151.155299, "fair_value": 76.430417, "relative_strength": 27.315616, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.698076, "energy": 38.573445, "activity_lines": [ 205.448059, 207.967539, 190.041596, 172.627341 ] }, { "date": "2024-10-04", "close": 177.259506, "volume": 392788, "typical_volume": 1820806.6, "trend": 153.490397, "fair_value": 77.152191, "relative_strength": 20.022249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.635561, "energy": 22.725892, "activity_lines": [ 194.587914, 202.393993, 190.758489, 174.311483 ] }, { "date": "2024-10-11", "close": 177.000443, "volume": 437392, "typical_volume": 1834420.8, "trend": 155.918154, "fair_value": 77.886037, "relative_strength": 18.837867, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.324562, "energy": 24.512552, "activity_lines": [ 186.227259, 197.131667, 191.164095, 175.82826 ] }, { "date": "2024-10-18", "close": 199.149185, "volume": 858409, "typical_volume": 1868320.25, "trend": 158.987889, "fair_value": 78.788367, "relative_strength": 32.619644, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.063991, "energy": 22.910121, "activity_lines": [ 188.374715, 196.479336, 193.386606, 178.617359 ] }, { "date": "2024-10-25", "close": 168.930069, "volume": 378595, "typical_volume": 1861446.3, "trend": 161.043678, "fair_value": 79.493152, "relative_strength": 14.589973, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.613731, "energy": 14.979071, "activity_lines": [ 181.442819, 190.62011, 192.312738, 179.25879 ] }, { "date": "2024-11-01", "close": 185.160507, "volume": 211698, "typical_volume": 1844379.4, "trend": 163.147292, "fair_value": 80.299424, "relative_strength": 23.540816, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.274356, "energy": 14.476176, "activity_lines": [ 182.015384, 188.171822, 192.541707, 180.814714 ] }, { "date": "2024-11-08", "close": 179.670654, "volume": 223618, "typical_volume": 1833960.75, "trend": 165.431575, "fair_value": 81.078807, "relative_strength": 19.518298, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.967117, "energy": 10.557391, "activity_lines": [ 181.405621, 185.26286, 191.976732, 181.880738 ] }, { "date": "2024-11-15", "close": 170.942688, "volume": 241895, "typical_volume": 1644211.75, "trend": 167.189126, "fair_value": 81.825874, "relative_strength": 15.830878, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.114577, "energy": 12.494096, "activity_lines": [ 177.725793, 181.428387, 190.340926, 182.236293 ] }, { "date": "2024-11-22", "close": 167.027054, "volume": 459349, "typical_volume": 1618699.85, "trend": 168.407654, "fair_value": 82.569874, "relative_strength": 10.611438, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -2.3102, "energy": 19.051272, "activity_lines": [ 173.144604, 177.844448, 188.152624, 182.225837 ] }, { "date": "2024-11-29", "close": 198.621124, "volume": 3771603, "typical_volume": 1248563.55, "trend": 170.959955, "fair_value": 83.484466, "relative_strength": 28.934507, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.082897, "energy": 14.850018, "activity_lines": [ 181.236248, 180.85993, 188.868948, 184.175093 ] }, { "date": "2024-12-06", "close": 213.705765, "volume": 2015498, "typical_volume": 1276844.75, "trend": 174.403651, "fair_value": 84.474998, "relative_strength": 34.032141, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.216751, "energy": 22.996743, "activity_lines": [ 192.376701, 186.649413, 190.850487, 186.932887 ] }, { "date": "2024-12-13", "close": 209.092682, "volume": 992576, "typical_volume": 1067506.3, "trend": 177.471061, "fair_value": 85.458632, "relative_strength": 29.106414, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.116421, "energy": 30.372523, "activity_lines": [ 200.076443, 191.257773, 192.113566, 189.170889 ] }, { "date": "2024-12-20", "close": 220.799728, "volume": 8670017, "typical_volume": 1315647.55, "trend": 180.978523, "fair_value": 86.531362, "relative_strength": 41.127465, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 62.326627, "energy": 44.405793, "activity_lines": [ 209.717064, 197.415902, 194.433861, 191.966287 ] }, { "date": "2024-12-27", "close": 201.699814, "volume": 1698317, "typical_volume": 1281578.75, "trend": 183.99213, "fair_value": 87.404057, "relative_strength": 26.542743, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.176655, "energy": 48.358646, "activity_lines": [ 209.667245, 199.304969, 194.879227, 193.303145 ] }, { "date": "2025-01-03", "close": 202.048523, "volume": 520285, "typical_volume": 1245271.05, "trend": 186.796505, "fair_value": 88.242582, "relative_strength": 24.862687, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.250815, "energy": 42.722954, "activity_lines": [ 207.422146, 201.211063, 195.420952, 194.468073 ] }, { "date": "2025-01-10", "close": 175.585648, "volume": 317011, "typical_volume": 1223722.3, "trend": 188.375046, "fair_value": 88.934466, "relative_strength": 10.768701, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.633614, "energy": 7.006398, "activity_lines": [ 196.127594, 197.703571, 193.405159, 193.744792 ] }, { "date": "2025-01-17", "close": 176.741409, "volume": 329960, "typical_volume": 1174888.15, "trend": 189.954583, "fair_value": 89.645255, "relative_strength": 12.287393, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.853594, "energy": 14.33894, "activity_lines": [ 187.759637, 194.580306, 191.685802, 192.994235 ] }, { "date": "2025-01-24", "close": 170.833099, "volume": 196527, "typical_volume": 1144610.2, "trend": 191.207983, "fair_value": 90.333499, "relative_strength": 8.838842, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.509227, "energy": 23.672412, "activity_lines": [ 179.578996, 190.436061, 189.59092, 191.760591 ] }, { "date": "2025-01-31", "close": 180.248535, "volume": 267491, "typical_volume": 1140624.55, "trend": 192.37902, "fair_value": 91.077947, "relative_strength": 12.57163, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.259575, "energy": 37.922867, "activity_lines": [ 177.867941, 188.005707, 188.645342, 191.05353 ] }, { "date": "2025-02-07", "close": 170.833099, "volume": 204584, "typical_volume": 1131661.7, "trend": 192.652682, "fair_value": 91.79525, "relative_strength": 6.378585, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.727658, "energy": 52.100415, "activity_lines": [ 174.448493, 183.623064, 186.964037, 189.66347 ] }, { "date": "2025-02-14", "close": 148.146347, "volume": 248582, "typical_volume": 1121809.75, "trend": 192.421199, "fair_value": 92.414389, "relative_strength": -5.268793, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.797692, "energy": 63.542724, "activity_lines": [ 165.547823, 175.620795, 183.26262, 186.792094 ] }, { "date": "2025-02-21", "close": 137.316086, "volume": 368214, "typical_volume": 1120581.05, "trend": 190.432829, "fair_value": 92.997633, "relative_strength": -11.730663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.23948, "energy": 70.263108, "activity_lines": [ 154.866352, 166.841376, 178.752267, 183.236925 ] }, { "date": "2025-02-28", "close": 116.432724, "volume": 252503, "typical_volume": 1111336.6, "trend": 187.34516, "fair_value": 93.448287, "relative_strength": -22.919556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.955302, "energy": 84.460306, "activity_lines": [ 139.852116, 155.570011, 172.443229, 178.462725 ] }, { "date": "2025-03-07", "close": 144.459869, "volume": 216432, "typical_volume": 1079237.75, "trend": 184.995117, "fair_value": 94.062315, "relative_strength": -6.610463, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.178647, "energy": 76.919797, "activity_lines": [ 137.806953, 151.292073, 169.091861, 175.695932 ] }, { "date": "2025-03-14", "close": 136.768097, "volume": 336927, "typical_volume": 1077154.35, "trend": 183.079813, "fair_value": 94.63598, "relative_strength": -11.312221, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.685493, "energy": 74.156729, "activity_lines": [ 135.583777, 146.656358, 165.268368, 172.584511 ] }, { "date": "2025-03-21", "close": 142.168274, "volume": 272898, "typical_volume": 1080214.35, "trend": 180.661355, "fair_value": 95.259269, "relative_strength": -11.879843, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.545686, "energy": 66.538649, "activity_lines": [ 137.43166, 144.189409, 162.11233, 169.945057 ] }, { "date": "2025-03-28", "close": 136.83783, "volume": 544958, "typical_volume": 1096281.35, "trend": 178.021043, "fair_value": 95.851902, "relative_strength": -16.030113, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.079816, "energy": 46.54716, "activity_lines": [ 137.901267, 141.360877, 158.653356, 167.117733 ] }, { "date": "2025-04-04", "close": 157.472122, "volume": 276707, "typical_volume": 1098021.95, "trend": 175.8075, "fair_value": 96.540082, "relative_strength": -1.172569, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.946576, "energy": 31.792087, "activity_lines": [ 145.280854, 143.009555, 157.363518, 165.791996 ] }, { "date": "2025-04-11", "close": 156.475784, "volume": 175484, "typical_volume": 1083828.7, "trend": 173.888211, "fair_value": 97.226665, "relative_strength": -1.991274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.578741, "energy": 23.669486, "activity_lines": [ 149.59237, 144.720007, 156.042936, 164.544789 ] }, { "date": "2025-04-18", "close": 157.681351, "volume": 134736, "typical_volume": 901985.35, "trend": 172.466096, "fair_value": 97.924808, "relative_strength": -5.802335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.53596, "energy": 21.126775, "activity_lines": [ 153.504679, 147.081885, 154.887414, 163.499185 ] }, { "date": "2025-04-25", "close": 163.30072, "volume": 357106, "typical_volume": 819065.75, "trend": 171.413625, "fair_value": 98.681007, "relative_strength": -3.46462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.710737, "energy": 22.137215, "activity_lines": [ 157.895895, 150.704588, 154.462022, 162.90787 ] }, { "date": "2025-05-02", "close": 157.223038, "volume": 123211, "typical_volume": 775597.5, "trend": 170.745742, "fair_value": 99.410382, "relative_strength": -8.487662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.841013, "energy": 19.468443, "activity_lines": [ 158.852388, 152.946725, 153.697827, 161.992349 ] }, { "date": "2025-05-09", "close": 141.341309, "volume": 137133, "typical_volume": 348953.3, "trend": 169.557104, "fair_value": 100.058069, "relative_strength": -16.77109, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.695918, "energy": 15.982319, "activity_lines": [ 153.155956, 151.93933, 151.668084, 160.095288 ] }, { "date": "2025-05-16", "close": 170.394699, "volume": 185982, "typical_volume": 273336.55, "trend": 168.598622, "fair_value": 100.895509, "relative_strength": -4.137453, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.984509, "energy": 7.292852, "activity_lines": [ 158.219376, 155.761487, 152.783705, 160.149327 ] }, { "date": "2025-05-23", "close": 160.291779, "volume": 131368, "typical_volume": 253890.7, "trend": 168.310679, "fair_value": 101.669783, "relative_strength": -9.563011, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.312957, "energy": 8.386184, "activity_lines": [ 158.987228, 157.275206, 153.086215, 159.613402 ] }, { "date": "2025-05-30", "close": 154.622574, "volume": 81621, "typical_volume": 242121.2, "trend": 167.292748, "fair_value": 102.424321, "relative_strength": -12.708287, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.901089, "energy": 7.8297, "activity_lines": [ 157.691316, 157.330458, 153.047642, 158.730298 ] }, { "date": "2025-06-06", "close": 139.727249, "volume": 65530, "typical_volume": 228899.7, "trend": 165.961301, "fair_value": 103.092638, "relative_strength": -22.023643, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.467519, "energy": 18.601439, "activity_lines": [ 152.008839, 154.451026, 151.69029, 156.951879 ] }, { "date": "2025-06-13", "close": 137.196518, "volume": 258351, "typical_volume": 231990.9, "trend": 164.836428, "fair_value": 103.761019, "relative_strength": -22.572697, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.994282, "energy": 37.711597, "activity_lines": [ 146.649171, 151.058927, 150.268175, 155.096086 ] }, { "date": "2025-06-20", "close": 131.517365, "volume": 130140, "typical_volume": 225123.35, "trend": 163.652772, "fair_value": 104.387246, "relative_strength": -26.889282, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.085766, "energy": 61.47018, "activity_lines": [ 139.672771, 147.002902, 148.465362, 152.946469 ] }, { "date": "2025-06-27", "close": 138.521652, "volume": 323067, "typical_volume": 231047.5, "trend": 161.649456, "fair_value": 105.046557, "relative_strength": -24.544115, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.259077, "energy": 61.007934, "activity_lines": [ 137.622956, 144.674174, 147.561677, 151.325107 ] }, { "date": "2025-07-04", "close": 133.589767, "volume": 234696, "typical_volume": 230353.2, "trend": 158.978923, "fair_value": 105.672338, "relative_strength": -26.583505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.559647, "energy": 66.505503, "activity_lines": [ 135.380522, 141.797097, 146.342153, 149.514804 ] }, { "date": "2025-07-11", "close": 140.613983, "volume": 888964, "typical_volume": 256390.7, "trend": 156.6963, "fair_value": 106.344104, "relative_strength": -21.546341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.181193, "energy": 52.889655, "activity_lines": [ 136.881679, 140.737349, 145.860919, 148.329969 ] }, { "date": "2025-07-18", "close": 134.675766, "volume": 385620, "typical_volume": 263046.55, "trend": 153.825501, "fair_value": 106.977804, "relative_strength": -24.123337, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.8723, "energy": 37.077483, "activity_lines": [ 136.344315, 138.899908, 144.798436, 146.90929 ] }, { "date": "2025-07-25", "close": 127.153381, "volume": 303265, "typical_volume": 267388.2, "trend": 151.34062, "fair_value": 107.569351, "relative_strength": -27.430502, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.114067, "energy": 44.28017, "activity_lines": [ 133.46754, 135.815953, 142.932664, 145.188508 ] }, { "date": "2025-08-01", "close": 127.372574, "volume": 379444, "typical_volume": 269514.05, "trend": 148.851422, "fair_value": 108.152403, "relative_strength": -25.839867, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.767565, "energy": 42.519152, "activity_lines": [ 130.954762, 133.558057, 141.17018, 143.642182 ] }, { "date": "2025-08-08", "close": 123.297531, "volume": 301293, "typical_volume": 270933.8, "trend": 147.108484, "fair_value": 108.703905, "relative_strength": -26.86056, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.240207, "energy": 62.658107, "activity_lines": [ 127.826907, 131.157775, 139.064336, 141.993544 ] }, { "date": "2025-08-15", "close": 109.577881, "volume": 439581, "typical_volume": 265664.95, "trend": 144.8697, "fair_value": 109.162032, "relative_strength": -35.080932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.982741, "energy": 83.729422, "activity_lines": [ 120.811985, 126.832557, 135.74172, 139.572215 ] }, { "date": "2025-08-22", "close": 114.00164, "volume": 393217, "typical_volume": 271490.45, "trend": 142.975318, "fair_value": 109.629355, "relative_strength": -32.336494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.726985, "energy": 83.38867, "activity_lines": [ 117.340723, 123.859829, 132.970224, 137.580727 ] }, { "date": "2025-08-29", "close": 130.989304, "volume": 783179, "typical_volume": 301875.2, "trend": 141.333344, "fair_value": 110.194716, "relative_strength": -20.11769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.379653, "energy": 66.771319, "activity_lines": [ 120.910291, 124.397493, 132.023603, 136.807436 ] }, { "date": "2025-09-05", "close": 144.141037, "volume": 7519092, "typical_volume": 671093.0, "trend": 140.443608, "fair_value": 110.853644, "relative_strength": -12.414926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.663818, "energy": 25.019295, "activity_lines": [ 128.608041, 127.335982, 132.450891, 136.988577 ] }, { "date": "2025-09-12", "close": 146.462524, "volume": 1862702, "typical_volume": 746372.8, "trend": 140.387481, "fair_value": 111.525857, "relative_strength": -11.65954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.483511, "energy": 16.411726, "activity_lines": [ 135.961723, 130.594389, 133.163752, 137.376895 ] }, { "date": "2025-09-19", "close": 140.225418, "volume": 656006, "typical_volume": 773012.55, "trend": 140.484459, "fair_value": 112.168946, "relative_strength": -15.584266, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.57674, "energy": 25.424203, "activity_lines": [ 139.692036, 132.484726, 133.362784, 137.366439 ] }, { "date": "2025-09-26", "close": 130.389999, "volume": 616233, "typical_volume": 796967.55, "trend": 140.949701, "fair_value": 112.769106, "relative_strength": -18.851759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.450316, "energy": 24.573312, "activity_lines": [ 138.100708, 132.59387, 132.706051, 136.715183 ] }, { "date": "2025-10-03", "close": 128.139999, "volume": 314325, "typical_volume": 803384.7, "trend": 140.405705, "fair_value": 113.35612, "relative_strength": -20.564985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.282877, "energy": 15.288639, "activity_lines": [ 134.666822, 132.371847, 131.887181, 135.888751 ] }, { "date": "2025-10-10", "close": 122.080002, "volume": 445827, "typical_volume": 819107.65, "trend": 139.916102, "fair_value": 113.910036, "relative_strength": -24.988612, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.162868, "energy": 26.120305, "activity_lines": [ 129.402891, 131.030067, 130.692382, 134.706448 ] }, { "date": "2025-10-17", "close": 118.029999, "volume": 446145, "typical_volume": 837333.85, "trend": 139.111493, "fair_value": 114.43799, "relative_strength": -27.937798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.61509, "energy": 49.208804, "activity_lines": [ 124.259694, 129.048152, 129.293828, 133.294441 ] }, { "date": "2025-10-24", "close": 119.940002, "volume": 473531, "typical_volume": 857733.9, "trend": 138.548232, "fair_value": 114.979146, "relative_strength": -26.495405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.884972, "energy": 56.691206, "activity_lines": [ 121.648667, 127.509283, 128.251431, 132.057571 ] }, { "date": "2025-10-31", "close": 119.360001, "volume": 320704, "typical_volume": 860851.55, "trend": 137.277828, "fair_value": 115.515626, "relative_strength": -25.972908, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.0372, "energy": 61.300292, "activity_lines": [ 120.196668, 125.676557, 127.24802, 130.81962 ] }, { "date": "2025-11-07", "close": 116.010002, "volume": 204675, "typical_volume": 864578.3, "trend": 135.928969, "fair_value": 116.017858, "relative_strength": -26.752678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.488371, "energy": 61.140475, "activity_lines": [ 118.363335, 123.137316, 126.010497, 129.447502 ] }, { "date": "2025-11-14", "close": 112.290001, "volume": 359513, "typical_volume": 866400.6, "trend": 134.415924, "fair_value": 116.510934, "relative_strength": -29.606082, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.507474, "energy": 58.559788, "activity_lines": [ 116.098668, 120.194062, 124.492533, 127.922408 ] }, { "date": "2025-11-21", "close": 103.620003, "volume": 403436, "typical_volume": 874837.6, "trend": 132.426567, "fair_value": 116.937256, "relative_strength": -34.822102, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.490349, "energy": 67.267323, "activity_lines": [ 111.596669, 116.253554, 122.273767, 125.935574 ] }, { "date": "2025-11-28", "close": 104.440002, "volume": 305370, "typical_volume": 845657.9, "trend": 130.667132, "fair_value": 117.353506, "relative_strength": -33.757547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.270952, "energy": 73.339953, "activity_lines": [ 108.328669, 113.241092, 120.27581, 124.129989 ] }, { "date": "2025-12-05", "close": 107.190002, "volume": 709072, "typical_volume": 861830.5, "trend": 129.528755, "fair_value": 117.795048, "relative_strength": -30.962898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.301067, "energy": 75.974468, "activity_lines": [ 107.010669, 111.379274, 118.712015, 122.615336 ] }, { "date": "2025-12-12", "close": 102.449997, "volume": 244340, "typical_volume": 858884.25, "trend": 127.263932, "fair_value": 118.196625, "relative_strength": -32.677886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.944752, "energy": 79.261492, "activity_lines": [ 104.924, 109.077455, 116.827675, 120.868319 ] }, { "date": "2025-12-19", "close": 97.139999, "volume": 367967, "typical_volume": 858310.4, "trend": 125.158872, "fair_value": 118.587795, "relative_strength": -34.762417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.377667, "energy": 81.008813, "activity_lines": [ 101.971333, 106.277273, 114.555256, 118.924839 ] }, { "date": "2025-12-26", "close": 103.540001, "volume": 818864, "typical_volume": 884188.95, "trend": 123.45612, "fair_value": 118.992528, "relative_strength": -29.605999, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.924395, "energy": 64.684246, "activity_lines": [ 102.162, 105.094182, 113.036326, 117.530074 ] }, { "date": "2026-01-02", "close": 101.900002, "volume": 363741, "typical_volume": 880396.95, "trend": 122.195212, "fair_value": 119.37589, "relative_strength": -30.396676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.240261, "energy": 52.849361, "activity_lines": [ 101.811334, 103.876364, 111.455289, 116.139356 ] }, { "date": "2026-01-09", "close": 93.199997, "volume": 296889, "typical_volume": 875580.55, "trend": 120.728661, "fair_value": 119.669313, "relative_strength": -33.855806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.248087, "energy": 59.473133, "activity_lines": [ 98.729999, 101.404727, 109.082241, 114.268697 ] }, { "date": "2026-01-16", "close": 90.260002, "volume": 395707, "typical_volume": 856206.95, "trend": 119.353416, "fair_value": 119.944849, "relative_strength": -35.035245, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.697217, "energy": 62.871963, "activity_lines": [ 95.601334, 98.874182, 106.52825, 112.302977 ] }, { "date": "2026-01-23", "close": 88.610001, "volume": 256501, "typical_volume": 493077.4, "trend": 117.689694, "fair_value": 120.235035, "relative_strength": -33.668119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.479914, "energy": 77.853918, "activity_lines": [ 92.735334, 96.511819, 104.011064, 110.319531 ] }, { "date": "2026-01-30", "close": 85.059998, "volume": 325510, "typical_volume": 416217.8, "trend": 116.072035, "fair_value": 120.5146, "relative_strength": -36.015607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.39438, "energy": 84.896033, "activity_lines": [ 89.254666, 93.934545, 101.420217, 108.21439 ] }, { "date": "2026-02-06", "close": 88.150002, "volume": 406093, "typical_volume": 403722.15, "trend": 114.323236, "fair_value": 120.808224, "relative_strength": -33.726614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.7334, "energy": 73.458761, "activity_lines": [ 88.036, 92.256546, 99.416048, 106.412968 ] }, { "date": "2026-02-13", "close": 80.300003, "volume": 528268, "typical_volume": 399323.9, "trend": 112.51071, "fair_value": 121.044183, "relative_strength": -38.343054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.18446, "energy": 70.003134, "activity_lines": [ 85.117335, 89.447455, 96.912239, 104.217921 ] }, { "date": "2026-02-20", "close": 83.199997, "volume": 537466, "typical_volume": 410480.95, "trend": 111.045597, "fair_value": 121.320127, "relative_strength": -35.696609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.66766, "energy": 61.024445, "activity_lines": [ 84.025333, 87.654546, 94.923143, 102.326907 ] }, { "date": "2026-02-27", "close": 76.940002, "volume": 213815, "typical_volume": 398880.35, "trend": 109.364512, "fair_value": 121.550196, "relative_strength": -39.096788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.295519, "energy": 64.285028, "activity_lines": [ 81.317334, 85.073455, 92.551858, 100.126546 ] }, { "date": "2026-03-06", "close": 70.309998, "volume": 250736, "typical_volume": 389109.9, "trend": 107.59826, "fair_value": 121.733932, "relative_strength": -41.901285, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.256816, "energy": 81.629429, "activity_lines": [ 77.177333, 81.654182, 89.764095, 97.6069 ] }, { "date": "2026-03-13", "close": 69.470001, "volume": 416794, "typical_volume": 386273.05, "trend": 106.261331, "fair_value": 121.925376, "relative_strength": -38.633056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.911247, "energy": 83.83494, "activity_lines": [ 73.740667, 78.686364, 87.123572, 95.147012 ] }, { "date": "2026-03-20", "close": 67.529999, "volume": 916974, "typical_volume": 416086.55, "trend": 104.712276, "fair_value": 122.097359, "relative_strength": -39.498776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.247814, "energy": 84.627392, "activity_lines": [ 70.902666, 75.955455, 84.538619, 92.648217 ] }, { "date": "2026-03-27", "close": 59.5, "volume": 752993, "typical_volume": 443502.45, "trend": 102.3293, "fair_value": 122.224574, "relative_strength": -45.304737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.676019, "energy": 91.507738, "activity_lines": [ 66.239333, 72.231273, 81.435714, 89.731296 ] }, { "date": "2026-04-03", "close": 64.629997, "volume": 477296, "typical_volume": 449391.6, "trend": 99.678932, "fair_value": 122.368387, "relative_strength": -39.324088, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.137439, "energy": 73.663632, "activity_lines": [ 64.865999, 69.99909, 79.090476, 87.299083 ] }, { "date": "2026-04-10", "close": 75.029999, "volume": 319575, "typical_volume": 445198.55, "trend": 97.297848, "fair_value": 122.583657, "relative_strength": -32.443019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.200721, "energy": 58.82991, "activity_lines": [ 67.779999, 70.093817, 77.962666, 85.708829 ] }, { "date": "2026-04-17", "close": 79.309998, "volume": 247948, "typical_volume": 442327.45, "trend": 95.267333, "fair_value": 122.826682, "relative_strength": -28.478565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.436905, "energy": 42.641668, "activity_lines": [ 71.805998, 71.14909, 77.378619, 84.548322 ] }, { "date": "2026-04-24", "close": 79.809998, "volume": 413693, "typical_volume": 427558.5, "trend": 93.581333, "fair_value": 123.06908, "relative_strength": -25.569959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.814536, "energy": 24.858737, "activity_lines": [ 75.342665, 72.455999, 76.961856, 83.551075 ] }, { "date": "2026-05-01", "close": 79.57, "volume": 161570, "typical_volume": 423420.0, "trend": 91.962333, "fair_value": 123.303234, "relative_strength": -25.093063, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.577228, "energy": 26.383062, "activity_lines": [ 77.980665, 73.728181, 76.652618, 82.647118 ] }, { "date": "2026-05-08", "close": 79.360001, "volume": 201618, "typical_volume": 415102.55, "trend": 90.538333, "fair_value": 123.538277, "relative_strength": -24.993899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.043538, "energy": 24.644641, "activity_lines": [ 79.210666, 75.028181, 76.432333, 81.834064 ] }, { "date": "2026-05-15", "close": 71.669998, "volume": 341644, "typical_volume": 391241.55, "trend": 88.993, "fair_value": 123.726579, "relative_strength": -29.566347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.9524, "energy": 22.291961, "activity_lines": [ 76.895333, 74.885999, 75.564333, 80.616752 ] }, { "date": "2026-05-22", "close": 71.32, "volume": 198309, "typical_volume": 382969.95, "trend": 87.372333, "fair_value": 123.90721, "relative_strength": -29.04273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.805073, "energy": 25.112124, "activity_lines": [ 74.687333, 74.655454, 74.814761, 79.476559 ] }, { "date": "2026-05-29", "close": 75.68, "volume": 200803, "typical_volume": 378165.65, "trend": 85.916333, "fair_value": 124.060543, "relative_strength": -23.097744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.852322, "energy": 24.282797, "activity_lines": [ 74.465333, 75.183999, 74.626047, 78.722215 ] }, { "date": "2026-06-05", "close": 60.689999, "volume": 86775, "typical_volume": 362719.05, "trend": 84.072333, "fair_value": 124.098625, "relative_strength": -36.984673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.90084, "energy": 52.813696, "activity_lines": [ 69.521999, 72.838908, 73.093142, 77.094709 ] }, { "date": "2026-06-12", "close": 61.93, "volume": 60486, "typical_volume": 352918.3, "trend": 82.393667, "fair_value": 124.13827, "relative_strength": -35.513361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.069128, "energy": 65.735376, "activity_lines": [ 66.250666, 70.697636, 71.819142, 75.666172 ] }, { "date": "2026-06-19", "close": 63.900002, "volume": 30090, "typical_volume": 338147.3, "trend": 81.069666, "fair_value": 124.200123, "relative_strength": -33.73574, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.168388, "energy": 68.480073, "activity_lines": [ 64.798, 68.963636, 70.859809, 74.473032 ] }, { "date": "2026-06-26", "close": 64.949997, "volume": 0, "typical_volume": 317842.65, "trend": 79.753333, "fair_value": 124.249227, "relative_strength": -31.885308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.638403, "energy": 70.677569, "activity_lines": [ 64.213333, 67.622909, 70.101237, 73.433053 ] }, { "date": "2026-07-03", "close": 63.799999, "volume": 24586, "typical_volume": 292658.55, "trend": 78.307, "fair_value": 124.258706, "relative_strength": -32.830423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.013265, "energy": 65.331833, "activity_lines": [ 63.669999, 66.334181, 69.343618, 72.403806 ] }, { "date": "2026-07-10", "close": 63.220001, "volume": 192530, "typical_volume": 275411.75, "trend": 76.999333, "fair_value": 124.254568, "relative_strength": -32.273659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.794885, "energy": 57.433525, "activity_lines": [ 63.725333, 65.231091, 68.609333, 71.430451 ] }, { "date": "2026-07-17", "close": 63.639999, "volume": 187932, "typical_volume": 274117.6, "trend": 75.882666, "fair_value": 124.260466, "relative_strength": -31.227683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.359993, "energy": 47.164157, "activity_lines": [ 63.751999, 64.501636, 68.01019, 70.568559 ] }, { "date": "2026-07-24", "close": 61.5, "volume": 151580, "typical_volume": 269159.8, "trend": 74.481333, "fair_value": 124.272446, "relative_strength": -31.072646, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.92995, "energy": 51.537561, "activity_lines": [ 62.951333, 63.668909, 67.270571, 69.640645 ] }, { "date": "2026-07-31", "close": 60.16, "volume": 153760, "typical_volume": 256008.1, "trend": 73.09, "fair_value": 124.265297, "relative_strength": -33.350329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.84297, "energy": 49.673499, "activity_lines": [ 61.864, 62.777454, 66.445285, 68.716688 ] }, { "date": "2026-08-07", "close": 57.860001, "volume": 1937702, "typical_volume": 307044.5, "trend": 71.912, "fair_value": 124.252986, "relative_strength": -35.479438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.741582, "energy": 60.000808, "activity_lines": [ 60.329334, 61.670727, 65.445285, 67.734107 ] } ], "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." } } }