{ "ticker": { "uuid": "960b6190-7b4c-438f-a292-141055e6e759", "symbol": "HINDCON", "name": "Hindcon Chemicals Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 1, "stage_name": "Basing", "phase": "1a", "phase_label": "Stage 1A \u00b7 Bottoming", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 79.765, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "up", "architecture_direction": 33.905, "architecture_energy": 21.626, "architecture_maturity": 29.492, "architecture_confidence": 52.421, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 48.73, "rotation_up": 46.83, "upward_expansion": 64.83, "deceleration": 55.32, "rotation_down": 19.39, "downward_expansion": 15.16 }, "activity_lines": [ 22.218667, 21.774, 21.902572, 21.653054 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 22.5, "trend_reference": 21.559, "distance_from_trend": 0.043648, "trend_direction": "Weakening", "fair_value": 37.125216, "distance_from_fair_value": -0.393943, "fair_value_direction": "Weakening", "relative_strength": -10.483549, "relative_strength_direction": "Improving", "price_momentum": 0.004016, "excess_performance": 0.047725, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.043648, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.099532, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.393943, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.040339, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.104835, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.036625, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.004016, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.790596, "read": "Supply-led" } ], "volume": { "latest": 47041, "relative_activity": 0.396119, "balance": 0.790596, "dry_up": 0.715845, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.091179, "annualized_volatility": 0.536123, "from_high_reference": -0.403974, "from_low_reference": 0.436782 }, "levels": { "trend_reference": 21.559, "fair_value_reference": 37.125216, "structural_low": 15.66, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 26, "median_return": -0.010403, "positive_rate": 0.423077, "directional_follow_through": 0.423077, "median_excess_return": -0.017017, "regime_survival": 0.769231, "best_return": 0.549075, "worst_return": -0.156342, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.078711, "positive_rate": 0.777778, "directional_follow_through": 0.777778, "median_excess_return": 0.066456, "regime_survival": 0.555556, "best_return": 0.535498, "worst_return": -0.118752, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.130126, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.080195, "regime_survival": 0.2, "best_return": 0.69708, "worst_return": -0.220105, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.18572, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.092807, "regime_survival": 0.25, "best_return": 2.531053, "worst_return": -0.425849, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-05-12", "end": "2023-05-19", "tenure": "New", "return": -0.04607, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-05-26", "end": "2023-07-28", "tenure": "Developing", "return": -0.019813, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-08-04", "end": "2023-09-29", "tenure": "Developing", "return": 0.145752, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-10-06", "end": "2023-11-03", "tenure": "Developing", "return": 0.007527, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-11-10", "end": "2024-02-02", "tenure": "Established", "return": 0.735441, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-09", "end": "2024-03-01", "tenure": "New", "return": 0.06288, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-08", "end": "2024-03-15", "tenure": "New", "return": -0.075472, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-22", "end": "2024-05-03", "tenure": "Developing", "return": 0.325556, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-10", "end": "2024-05-24", "tenure": "New", "return": -0.013902, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-31", "end": "2024-10-18", "tenure": "Established", "return": -0.032824, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-25", "end": "2025-06-06", "tenure": "Extended", "return": -0.140842, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-08-08", "tenure": "Developing", "return": -0.100525, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-15", "end": "2026-05-08", "tenure": "Extended", "return": -0.289544, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": -0.036403, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 27.469864, "volume": 879995, "typical_volume": 1189788.5, "trend": 18.514807, "fair_value": 12.347519, "relative_strength": 39.837682, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.339224, "energy": 94.796247, "activity_lines": [ 24.252779, 21.753108, 20.158348, 19.35131 ] }, { "date": "2023-08-25", "close": 27.748341, "volume": 534345, "typical_volume": 1206742.5, "trend": 18.844671, "fair_value": 12.503159, "relative_strength": 39.93407, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.179259, "energy": 93.96572, "activity_lines": [ 26.041006, 23.091068, 20.967876, 19.947022 ] }, { "date": "2023-09-01", "close": 28.842533, "volume": 842515, "typical_volume": 1188263.0, "trend": 19.229241, "fair_value": 12.667179, "relative_strength": 42.422423, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.906644, "energy": 93.530875, "activity_lines": [ 27.526279, 24.463236, 21.827054, 20.592045 ] }, { "date": "2023-09-08", "close": 27.804602, "volume": 305045, "typical_volume": 1138094.25, "trend": 19.535122, "fair_value": 12.824546, "relative_strength": 33.160031, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.466251, "energy": 88.631112, "activity_lines": [ 27.923618, 25.465495, 22.539593, 21.145295 ] }, { "date": "2023-09-15", "close": 24.670845, "volume": 425905, "typical_volume": 1134878.75, "trend": 19.752457, "fair_value": 12.961638, "relative_strength": 15.625028, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.1561, "energy": 66.150107, "activity_lines": [ 26.937785, 25.731497, 22.911025, 21.476632 ] }, { "date": "2023-09-22", "close": 24.650885, "volume": 215745, "typical_volume": 1129860.25, "trend": 20.029132, "fair_value": 13.09854, "relative_strength": 18.048681, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.305826, "energy": 56.982475, "activity_lines": [ 26.052335, 25.875686, 23.250455, 21.792659 ] }, { "date": "2023-09-29", "close": 26.03812, "volume": 284015, "typical_volume": 1128446.75, "trend": 20.316575, "fair_value": 13.245515, "relative_strength": 23.95725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.656341, "energy": 41.791281, "activity_lines": [ 25.817227, 26.143789, 23.694033, 22.180336 ] }, { "date": "2023-10-06", "close": 26.517166, "volume": 178725, "typical_volume": 1117843.25, "trend": 20.624296, "fair_value": 13.39438, "relative_strength": 25.346761, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.761933, "energy": 36.002328, "activity_lines": [ 25.855817, 26.347991, 24.146624, 22.580374 ] }, { "date": "2023-10-13", "close": 25.728739, "volume": 189785, "typical_volume": 1093531.75, "trend": 20.951818, "fair_value": 13.537074, "relative_strength": 21.664576, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.390085, "energy": 34.008789, "activity_lines": [ 25.786622, 26.248771, 24.481208, 22.909693 ] }, { "date": "2023-10-20", "close": 26.686829, "volume": 313155, "typical_volume": 1090347.0, "trend": 21.313266, "fair_value": 13.685784, "relative_strength": 27.199209, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.413087, "energy": 37.467504, "activity_lines": [ 26.175182, 26.269149, 24.870574, 23.279694 ] }, { "date": "2023-10-27", "close": 25.698797, "volume": 172655, "typical_volume": 1059327.75, "trend": 21.645094, "fair_value": 13.82692, "relative_strength": 25.319328, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.846621, "energy": 30.909457, "activity_lines": [ 26.099998, 26.102423, 25.123442, 23.562631 ] }, { "date": "2023-11-03", "close": 26.716768, "volume": 223560, "typical_volume": 1005923.0, "trend": 21.992621, "fair_value": 13.97545, "relative_strength": 28.420784, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.361233, "energy": 36.802477, "activity_lines": [ 26.294277, 26.152983, 25.437979, 23.889836 ] }, { "date": "2023-11-10", "close": 29.990246, "volume": 664418, "typical_volume": 974468.15, "trend": 22.365389, "fair_value": 14.143225, "relative_strength": 41.5329, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.463599, "energy": 55.177819, "activity_lines": [ 27.534473, 26.817477, 26.026044, 24.405812 ] }, { "date": "2023-11-17", "close": 31.088058, "volume": 546680, "typical_volume": 986077.15, "trend": 22.773424, "fair_value": 14.311454, "relative_strength": 43.120444, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.650991, "energy": 78.336908, "activity_lines": [ 28.909067, 27.660706, 26.665741, 24.968565 ] }, { "date": "2023-11-24", "close": 37.924438, "volume": 1820161, "typical_volume": 1047599.7, "trend": 23.425915, "fair_value": 14.522264, "relative_strength": 71.360355, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.813553, "energy": 95.545204, "activity_lines": [ 32.205166, 29.687214, 27.897284, 25.946049 ] }, { "date": "2023-12-01", "close": 36.826626, "volume": 800667, "typical_volume": 1070060.55, "trend": 24.027557, "fair_value": 14.72585, "relative_strength": 60.274651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.026805, "energy": 93.754517, "activity_lines": [ 34.386154, 31.273145, 28.930207, 26.810611 ] }, { "date": "2023-12-08", "close": 36.627026, "volume": 1181758, "typical_volume": 1113545.95, "trend": 24.636801, "fair_value": 14.928219, "relative_strength": 52.14921, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.726721, "energy": 90.386352, "activity_lines": [ 35.758754, 32.601408, 29.852537, 27.62348 ] }, { "date": "2023-12-15", "close": 36.627026, "volume": 1031783, "typical_volume": 1150379.35, "trend": 25.274224, "fair_value": 15.129594, "relative_strength": 46.949831, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.599545, "energy": 88.273917, "activity_lines": [ 36.47067, 33.737146, 30.684896, 28.397043 ] }, { "date": "2023-12-22", "close": 63.822838, "volume": 13225632, "typical_volume": 1504000.2, "trend": 26.799278, "fair_value": 15.507599, "relative_strength": 148.851404, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 99.380432, "energy": 97.963839, "activity_lines": [ 45.805404, 39.633761, 34.017265, 30.88405 ] }, { "date": "2023-12-29", "close": 57.83477, "volume": 3216711, "typical_volume": 1352662.75, "trend": 28.134343, "fair_value": 15.84666, "relative_strength": 115.782685, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.415116, "energy": 92.22281, "activity_lines": [ 50.961797, 43.749016, 36.583643, 32.88634 ] }, { "date": "2024-01-05", "close": 58.333775, "volume": 1359500, "typical_volume": 1376638.0, "trend": 29.469134, "fair_value": 16.188299, "relative_strength": 112.282802, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.877255, "energy": 90.664283, "activity_lines": [ 54.95717, 47.388673, 39.047267, 34.834691 ] }, { "date": "2024-01-12", "close": 55.190037, "volume": 841545, "typical_volume": 1391998.0, "trend": 30.685874, "fair_value": 16.510965, "relative_strength": 94.651964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.386991, "energy": 81.505251, "activity_lines": [ 56.47082, 49.863379, 41.064516, 36.494104 ] }, { "date": "2024-01-19", "close": 56.886658, "volume": 434165, "typical_volume": 1371580.5, "trend": 31.952868, "fair_value": 16.844508, "relative_strength": 98.410057, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.456677, "energy": 66.763261, "activity_lines": [ 57.312476, 52.128865, 43.112673, 38.184477 ] }, { "date": "2024-01-26", "close": 54.042324, "volume": 231425, "typical_volume": 1367899.5, "trend": 33.132676, "fair_value": 17.159817, "relative_strength": 86.762663, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.882134, "energy": 63.578093, "activity_lines": [ 55.855379, 53.388174, 44.756398, 39.609603 ] }, { "date": "2024-02-02", "close": 52.046303, "volume": 773202, "typical_volume": 1385264.35, "trend": 34.261863, "fair_value": 17.461276, "relative_strength": 72.286751, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.675054, "energy": 52.81435, "activity_lines": [ 54.384976, 53.86722, 46.085084, 40.829837 ] }, { "date": "2024-02-09", "close": 49.201969, "volume": 509471, "typical_volume": 1399950.65, "trend": 35.315468, "fair_value": 17.746862, "relative_strength": 60.687044, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.782569, "energy": 39.884105, "activity_lines": [ 52.352359, 53.572352, 47.012522, 41.793715 ] }, { "date": "2024-02-16", "close": 59.581287, "volume": 600200, "typical_volume": 1415759.9, "trend": 36.710408, "fair_value": 18.098982, "relative_strength": 87.955041, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.971228, "energy": 42.20683, "activity_lines": [ 54.388302, 54.939628, 48.811556, 43.359252 ] }, { "date": "2024-02-23", "close": 57.734966, "volume": 1170614, "typical_volume": 1465354.35, "trend": 38.044467, "fair_value": 18.439764, "relative_strength": 76.78916, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.545308, "energy": 41.724429, "activity_lines": [ 55.516054, 55.553858, 50.275021, 44.715675 ] }, { "date": "2024-03-01", "close": 52.295807, "volume": 233030, "typical_volume": 1467516.6, "trend": 39.030134, "fair_value": 18.742697, "relative_strength": 56.464986, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.298544, "energy": 35.838385, "activity_lines": [ 54.7742, 54.79537, 51.071815, 45.635116 ] }, { "date": "2024-03-08", "close": 52.894611, "volume": 253080, "typical_volume": 1464512.85, "trend": 39.917408, "fair_value": 19.051954, "relative_strength": 54.469552, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.582365, "energy": 35.281028, "activity_lines": [ 54.348382, 54.355337, 51.799128, 46.529599 ] }, { "date": "2024-03-15", "close": 48.902565, "volume": 149619, "typical_volume": 1463361.05, "trend": 40.631832, "fair_value": 19.335621, "relative_strength": 43.520847, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.094745, "energy": 23.332418, "activity_lines": [ 52.535327, 53.279299, 52.021447, 47.109286 ] }, { "date": "2024-03-22", "close": 44.910519, "volume": 132057, "typical_volume": 1458785.9, "trend": 41.203904, "fair_value": 19.593263, "relative_strength": 29.599146, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.55494, "energy": 16.312838, "activity_lines": [ 49.411551, 51.648912, 51.753076, 47.38533 ] }, { "date": "2024-03-29", "close": 51.946499, "volume": 264640, "typical_volume": 1438797.0, "trend": 41.974037, "fair_value": 19.896007, "relative_strength": 45.819181, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.32499, "energy": 18.746494, "activity_lines": [ 49.611153, 51.484693, 52.068163, 48.078401 ] }, { "date": "2024-04-05", "close": 53.443516, "volume": 323614, "typical_volume": 1427643.7, "trend": 42.828667, "fair_value": 20.211888, "relative_strength": 46.224494, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.085716, "energy": 18.109122, "activity_lines": [ 50.695658, 51.68248, 52.421269, 48.818367 ] }, { "date": "2024-04-12", "close": 51.04829, "volume": 167039, "typical_volume": 1344987.6, "trend": 43.707915, "fair_value": 20.510551, "relative_strength": 37.659359, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.431038, "energy": 12.742092, "activity_lines": [ 50.905241, 51.45566, 52.439803, 49.348666 ] }, { "date": "2024-04-19", "close": 48.952465, "volume": 181870, "typical_volume": 1314047.75, "trend": 44.517968, "fair_value": 20.797643, "relative_strength": 32.46238, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.47823, "energy": 14.120609, "activity_lines": [ 50.539303, 50.865926, 52.196241, 49.687024 ] }, { "date": "2024-04-26", "close": 50.998386, "volume": 233226, "typical_volume": 1266621.15, "trend": 45.349977, "fair_value": 21.097228, "relative_strength": 34.368943, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.197818, "energy": 16.408527, "activity_lines": [ 50.852013, 50.652713, 52.089786, 50.105115 ] }, { "date": "2024-05-03", "close": 59.531391, "volume": 792163, "typical_volume": 1254640.15, "trend": 46.450451, "fair_value": 21.444992, "relative_strength": 53.652031, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.302383, "energy": 32.56219, "activity_lines": [ 53.603199, 52.14701, 52.727563, 51.020045 ] }, { "date": "2024-05-10", "close": 53.842724, "volume": 90832, "typical_volume": 597900.15, "trend": 47.387584, "fair_value": 21.754923, "relative_strength": 39.381834, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.487114, "energy": 25.824532, "activity_lines": [ 53.952504, 52.57434, 52.714494, 51.496966 ] }, { "date": "2024-05-17", "close": 52.146103, "volume": 181125, "typical_volume": 446120.85, "trend": 48.236226, "fair_value": 22.040687, "relative_strength": 30.571857, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.947712, "energy": 30.254238, "activity_lines": [ 53.709655, 52.665069, 52.587366, 51.803967 ] }, { "date": "2024-05-24", "close": 53.094215, "volume": 96476, "typical_volume": 382969.65, "trend": 49.149407, "fair_value": 22.338429, "relative_strength": 28.249036, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.221698, "energy": 30.327948, "activity_lines": [ 53.709655, 52.94179, 52.577624, 52.117386 ] }, { "date": "2024-05-31", "close": 49.401569, "volume": 93279, "typical_volume": 345556.35, "trend": 49.905567, "fair_value": 22.612501, "relative_strength": 20.009609, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.681394, "energy": 6.195069, "activity_lines": [ 52.202657, 52.47091, 52.241151, 52.133654 ] }, { "date": "2024-06-07", "close": 48.403561, "volume": 109097, "typical_volume": 329302.95, "trend": 50.519344, "fair_value": 22.881665, "relative_strength": 12.45716, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.75421, "energy": 20.278123, "activity_lines": [ 50.469444, 51.736918, 51.837194, 52.036751 ] }, { "date": "2024-06-14", "close": 50.060257, "volume": 386590, "typical_volume": 337061.2, "trend": 51.151751, "fair_value": 23.159462, "relative_strength": 14.082457, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.428772, "energy": 21.976943, "activity_lines": [ 50.030318, 51.368561, 51.631414, 52.007132 ] }, { "date": "2024-06-21", "close": 53.832741, "volume": 456841, "typical_volume": 321243.15, "trend": 51.682027, "fair_value": 23.461006, "relative_strength": 20.903616, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.609496, "energy": 11.722901, "activity_lines": [ 51.100851, 51.747624, 51.80388, 52.180099 ] }, { "date": "2024-06-28", "close": 50.689007, "volume": 226052, "typical_volume": 307072.2, "trend": 52.144107, "fair_value": 23.736499, "relative_strength": 10.1535, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.022368, "energy": 29.31257, "activity_lines": [ 51.011031, 51.504472, 51.668435, 52.116034 ] }, { "date": "2024-07-05", "close": 50.669044, "volume": 237794, "typical_volume": 288951.9, "trend": 52.612174, "fair_value": 23.998448, "relative_strength": 7.459443, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.962355, "energy": 18.038556, "activity_lines": [ 51.074903, 51.226117, 51.524009, 52.020868 ] }, { "date": "2024-07-12", "close": 49.810757, "volume": 215023, "typical_volume": 241172.35, "trend": 53.051632, "fair_value": 24.237816, "relative_strength": 3.70417, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.834836, "energy": 19.776241, "activity_lines": [ 50.768181, 50.797698, 51.34028, 51.840132 ] }, { "date": "2024-07-19", "close": 52.635128, "volume": 605484, "typical_volume": 259795.05, "trend": 52.678708, "fair_value": 24.47821, "relative_strength": 8.132571, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.738556, "energy": 12.76868, "activity_lines": [ 51.309104, 51.05954, 51.463273, 51.81326 ] }, { "date": "2024-07-26", "close": 52.235924, "volume": 288727, "typical_volume": 261577.4, "trend": 52.49208, "fair_value": 24.720454, "relative_strength": 4.778778, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.750097, "energy": 10.258246, "activity_lines": [ 51.5453, 51.270756, 51.54663, 51.784694 ] }, { "date": "2024-08-02", "close": 55.718987, "volume": 638425, "typical_volume": 286017.7, "trend": 52.40492, "fair_value": 24.989249, "relative_strength": 11.134811, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.123457, "energy": 16.157289, "activity_lines": [ 53.048972, 52.113622, 51.964845, 51.992881 ] }, { "date": "2024-08-09", "close": 51.287811, "volume": 706351, "typical_volume": 314732.4, "trend": 52.274846, "fair_value": 25.230943, "relative_strength": 3.031871, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.69965, "energy": 11.809546, "activity_lines": [ 52.740253, 52.103098, 51.928584, 51.92081 ] }, { "date": "2024-08-16", "close": 47.82, "volume": 504917, "typical_volume": 326746.25, "trend": 51.972624, "fair_value": 25.459289, "relative_strength": -5.084341, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.583471, "energy": 19.440266, "activity_lines": [ 51.234345, 51.427766, 51.531687, 51.6334 ] }, { "date": "2024-08-23", "close": 56.5, "volume": 1777786, "typical_volume": 399454.85, "trend": 52.054547, "fair_value": 25.741703, "relative_strength": 10.00888, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 31.017813, "energy": 18.096794, "activity_lines": [ 52.754489, 52.341227, 51.981106, 51.925489 ] }, { "date": "2024-08-30", "close": 53.290001, "volume": 753465, "typical_volume": 428776.15, "trend": 52.096003, "fair_value": 26.002721, "relative_strength": 1.469826, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.787225, "energy": 7.73005, "activity_lines": [ 52.946974, 52.553966, 52.110257, 52.005196 ] }, { "date": "2024-09-06", "close": 52.380001, "volume": 556378, "typical_volume": 447501.55, "trend": 52.201938, "fair_value": 26.261248, "relative_strength": 0.62182, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.849585, "energy": 6.833205, "activity_lines": [ 52.765855, 52.611117, 52.142066, 52.023518 ] }, { "date": "2024-09-13", "close": 51.950001, "volume": 616230, "typical_volume": 466651.75, "trend": 51.947562, "fair_value": 26.514181, "relative_strength": -2.926222, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.478886, "energy": 20.717956, "activity_lines": [ 52.664001, 52.559342, 52.116602, 52.007264 ] }, { "date": "2024-09-20", "close": 51.009998, "volume": 453647, "typical_volume": 449725.95, "trend": 51.723396, "fair_value": 26.762097, "relative_strength": -6.903227, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.948798, "energy": 9.091022, "activity_lines": [ 52.204667, 52.313367, 51.997081, 51.946776 ] }, { "date": "2024-09-27", "close": 48.91, "volume": 523681, "typical_volume": 471368.4, "trend": 51.610536, "fair_value": 26.995984, "relative_strength": -12.488529, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.706055, "energy": 15.93549, "activity_lines": [ 50.832667, 51.66377, 51.718139, 51.765267 ] }, { "date": "2024-10-04", "close": 49.900002, "volume": 369794, "typical_volume": 480801.85, "trend": 51.510715, "fair_value": 27.231046, "relative_strength": -7.101596, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.273174, "energy": 22.723841, "activity_lines": [ 50.296667, 51.261902, 51.556972, 51.65491 ] }, { "date": "2024-10-11", "close": 49.23, "volume": 504652, "typical_volume": 501210.65, "trend": 51.52163, "fair_value": 27.456328, "relative_strength": -8.711328, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.066733, "energy": 38.618715, "activity_lines": [ 49.763334, 50.780688, 51.342691, 51.507767 ] }, { "date": "2024-10-18", "close": 47.779999, "volume": 307519, "typical_volume": 511922.65, "trend": 51.617279, "fair_value": 27.684926, "relative_strength": -11.446256, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.612073, "energy": 48.304771, "activity_lines": [ 48.956667, 50.153818, 51.008716, 51.266371 ] }, { "date": "2024-10-25", "close": 43.240002, "volume": 398839, "typical_volume": 526409.75, "trend": 51.327063, "fair_value": 27.877486, "relative_strength": -17.948326, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.859751, "energy": 60.148218, "activity_lines": [ 46.914667, 48.765273, 50.250082, 50.725902 ] }, { "date": "2024-11-01", "close": 47.709999, "volume": 337622, "typical_volume": 523961.35, "trend": 51.135945, "fair_value": 28.098321, "relative_strength": -10.380058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.538767, "energy": 52.382067, "activity_lines": [ 46.880667, 48.272727, 49.94175, 50.492543 ] }, { "date": "2024-11-08", "close": 46.580002, "volume": 248813, "typical_volume": 513559.95, "trend": 50.987003, "fair_value": 28.3162, "relative_strength": -12.233595, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.618001, "energy": 54.702025, "activity_lines": [ 46.550001, 47.734546, 49.536991, 50.198611 ] }, { "date": "2024-11-15", "close": 40.310001, "volume": 356658, "typical_volume": 520090.25, "trend": 50.69892, "fair_value": 28.502147, "relative_strength": -22.154631, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.143421, "energy": 71.329045, "activity_lines": [ 44.350668, 46.178364, 48.569626, 49.509772 ] }, { "date": "2024-11-22", "close": 39.310001, "volume": 313440, "typical_volume": 523872.55, "trend": 50.309308, "fair_value": 28.679603, "relative_strength": -25.097328, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.664261, "energy": 78.089169, "activity_lines": [ 42.412668, 44.659819, 47.556447, 48.775003 ] }, { "date": "2024-11-29", "close": 55.830002, "volume": 3947419, "typical_volume": 710492.35, "trend": 50.185928, "fair_value": 28.964407, "relative_strength": 4.937107, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.829418, "energy": 18.428677, "activity_lines": [ 46.546001, 46.374728, 48.170692, 49.131177 ] }, { "date": "2024-12-06", "close": 51.740002, "volume": 1393573, "typical_volume": 749896.8, "trend": 50.115837, "fair_value": 29.222425, "relative_strength": -5.194182, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.52008, "energy": 11.183561, "activity_lines": [ 48.476668, 47.258365, 48.36675, 49.23144 ] }, { "date": "2024-12-13", "close": 48.75, "volume": 326797, "typical_volume": 751800.3, "trend": 50.002634, "fair_value": 29.461466, "relative_strength": -11.20101, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.620246, "energy": 18.787992, "activity_lines": [ 49.142001, 47.54691, 48.282308, 49.143321 ] }, { "date": "2024-12-20", "close": 46.470001, "volume": 198131, "typical_volume": 729785.6, "trend": 49.781827, "fair_value": 29.684945, "relative_strength": -10.323569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.57568, "energy": 24.119289, "activity_lines": [ 48.902668, 47.441819, 47.997324, 48.91541 ] }, { "date": "2024-12-27", "close": 45.189999, "volume": 89408, "typical_volume": 698938.45, "trend": 49.641441, "fair_value": 29.87897, "relative_strength": -13.039623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.735024, "energy": 16.773476, "activity_lines": [ 47.826, 47.154183, 47.634477, 48.619163 ] }, { "date": "2025-01-03", "close": 44.779999, "volume": 115515, "typical_volume": 679468.35, "trend": 49.520656, "fair_value": 30.075789, "relative_strength": -13.892209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.093429, "energy": 26.809834, "activity_lines": [ 46.220666, 46.839091, 47.26162, 48.305521 ] }, { "date": "2025-01-10", "close": 41.849998, "volume": 143459, "typical_volume": 597752.0, "trend": 49.24698, "fair_value": 30.257295, "relative_strength": -17.016378, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.863891, "energy": 49.928626, "activity_lines": [ 44.375332, 45.963273, 46.624191, 47.81064 ] }, { "date": "2025-01-17", "close": 42.0, "volume": 137685, "typical_volume": 566963.0, "trend": 48.852556, "fair_value": 30.439635, "relative_strength": -15.278174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.863359, "energy": 57.308959, "activity_lines": [ 43.239333, 45.221273, 46.07081, 47.343093 ] }, { "date": "2025-01-24", "close": 40.34, "volume": 98207, "typical_volume": 544054.45, "trend": 48.507589, "fair_value": 30.613227, "relative_strength": -17.654434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.65238, "energy": 65.02836, "activity_lines": [ 41.999999, 44.260727, 45.413095, 46.793896 ] }, { "date": "2025-01-31", "close": 43.360001, "volume": 128341, "typical_volume": 519660.0, "trend": 48.263954, "fair_value": 30.803718, "relative_strength": -12.631363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.724637, "energy": 56.52517, "activity_lines": [ 42.176, 43.848727, 45.100334, 46.461793 ] }, { "date": "2025-02-07", "close": 40.919998, "volume": 126184, "typical_volume": 503286.85, "trend": 47.967595, "fair_value": 30.982288, "relative_strength": -17.335243, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.393093, "energy": 48.231866, "activity_lines": [ 41.660666, 42.919454, 44.596095, 45.98799 ] }, { "date": "2025-02-14", "close": 39.16, "volume": 124306, "typical_volume": 483318.1, "trend": 47.518424, "fair_value": 31.150586, "relative_strength": -17.967347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.534864, "energy": 48.83962, "activity_lines": [ 40.816, 41.941272, 43.972286, 45.419758 ] }, { "date": "2025-02-21", "close": 36.66, "volume": 131688, "typical_volume": 471412.8, "trend": 46.999227, "fair_value": 31.307713, "relative_strength": -22.041509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.240977, "energy": 52.675438, "activity_lines": [ 39.317333, 40.737272, 43.15681, 44.719214 ] }, { "date": "2025-02-28", "close": 35.77, "volume": 89699, "typical_volume": 450665.15, "trend": 46.334261, "fair_value": 31.458441, "relative_strength": -21.093712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.177463, "energy": 74.948402, "activity_lines": [ 37.878, 39.591272, 42.319619, 43.994748 ] }, { "date": "2025-03-07", "close": 36.900002, "volume": 144602, "typical_volume": 442519.3, "trend": 45.854667, "fair_value": 31.599766, "relative_strength": -19.605283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.484319, "energy": 73.168632, "activity_lines": [ 37.120001, 38.845273, 41.654143, 43.386086 ] }, { "date": "2025-03-14", "close": 32.099998, "volume": 136212, "typical_volume": 429387.95, "trend": 45.330667, "fair_value": 31.715366, "relative_strength": -29.050405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.572297, "energy": 83.556421, "activity_lines": [ 35.192667, 37.377273, 40.583333, 42.498688 ] }, { "date": "2025-03-21", "close": 32.459999, "volume": 185407, "typical_volume": 421777.2, "trend": 44.529334, "fair_value": 31.836931, "relative_strength": -30.760071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.178375, "energy": 83.699019, "activity_lines": [ 33.973333, 36.205272, 39.599857, 41.668323 ] }, { "date": "2025-03-28", "close": 32.099998, "volume": 421659, "typical_volume": 430419.5, "trend": 43.823, "fair_value": 31.953288, "relative_strength": -31.387747, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.651225, "energy": 81.881683, "activity_lines": [ 33.080666, 35.138545, 38.654714, 40.86643 ] }, { "date": "2025-04-04", "close": 32.740002, "volume": 168363, "typical_volume": 421004.75, "trend": 43.168333, "fair_value": 32.070406, "relative_strength": -27.478929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.267347, "energy": 77.476259, "activity_lines": [ 32.705333, 34.368182, 37.839476, 40.151398 ] }, { "date": "2025-04-11", "close": 32.77, "volume": 132858, "typical_volume": 411975.65, "trend": 42.529, "fair_value": 32.191247, "relative_strength": -26.575569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.150882, "energy": 67.806403, "activity_lines": [ 32.542, 33.741454, 37.063143, 39.480538 ] }, { "date": "2025-04-18", "close": 38.389999, "volume": 313853, "typical_volume": 230297.35, "trend": 42.108333, "fair_value": 32.34824, "relative_strength": -17.183593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.423415, "energy": 40.023972, "activity_lines": [ 34.527333, 34.329091, 36.85319, 39.213505 ] }, { "date": "2025-04-25", "close": 35.490002, "volume": 146916, "typical_volume": 167964.5, "trend": 41.661, "fair_value": 32.487084, "relative_strength": -23.432502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.573133, "energy": 30.200303, "activity_lines": [ 35.126667, 34.435455, 36.450095, 38.786516 ] }, { "date": "2025-05-02", "close": 35.389999, "volume": 100863, "typical_volume": 156667.8, "trend": 41.177333, "fair_value": 32.629134, "relative_strength": -23.702675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.804051, "energy": 23.147425, "activity_lines": [ 35.490667, 34.590364, 36.114857, 38.381935 ] }, { "date": "2025-05-09", "close": 33.139999, "volume": 171693, "typical_volume": 155345.9, "trend": 40.641, "fair_value": 32.76212, "relative_strength": -26.761204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.034779, "energy": 24.284068, "activity_lines": [ 34.885333, 34.359272, 35.628952, 37.863398 ] }, { "date": "2025-05-16", "close": 36.830002, "volume": 174623, "typical_volume": 159606.65, "trend": 40.276, "fair_value": 32.914725, "relative_strength": -21.215388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.155685, "energy": 22.141556, "activity_lines": [ 35.483334, 34.846909, 35.557952, 37.617527 ] }, { "date": "2025-05-23", "close": 34.830002, "volume": 246672, "typical_volume": 166164.5, "trend": 39.995667, "fair_value": 33.060437, "relative_strength": -24.283874, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.015878, "energy": 22.590761, "activity_lines": [ 35.144001, 34.972182, 35.336286, 37.266172 ] }, { "date": "2025-05-30", "close": 36.82, "volume": 201838, "typical_volume": 169083.45, "trend": 39.632667, "fair_value": 33.215626, "relative_strength": -19.033473, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.722122, "energy": 14.724746, "activity_lines": [ 35.705334, 35.409637, 35.351524, 37.06129 ] }, { "date": "2025-06-06", "close": 37.150002, "volume": 589677, "typical_volume": 191683.05, "trend": 39.318334, "fair_value": 33.375137, "relative_strength": -18.627711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.68925, "energy": 12.47584, "activity_lines": [ 36.288001, 35.827819, 35.422143, 36.901118 ] }, { "date": "2025-06-13", "close": 36.209999, "volume": 237468, "typical_volume": 198646.1, "trend": 39.181667, "fair_value": 33.538018, "relative_strength": -19.205155, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.558201, "energy": 11.394202, "activity_lines": [ 36.440001, 35.983273, 35.426334, 36.700581 ] }, { "date": "2025-06-20", "close": 35.48, "volume": 111931, "typical_volume": 197825.6, "trend": 39.054, "fair_value": 33.697165, "relative_strength": -21.343104, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.147868, "energy": 10.89243, "activity_lines": [ 36.144, 35.94291, 35.380667, 36.461764 ] }, { "date": "2025-06-27", "close": 35.139999, "volume": 168828, "typical_volume": 199957.8, "trend": 38.364333, "fair_value": 33.851736, "relative_strength": -23.083574, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.899737, "energy": 10.245455, "activity_lines": [ 35.824666, 35.791455, 35.340143, 36.209247 ] }, { "date": "2025-07-04", "close": 35.18, "volume": 152254, "typical_volume": 201355.2, "trend": 37.812333, "fair_value": 34.006123, "relative_strength": -21.869923, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.560481, "energy": 16.624317, "activity_lines": [ 35.498, 35.706364, 35.330953, 36.003807 ] }, { "date": "2025-07-11", "close": 35.57, "volume": 118090, "typical_volume": 200675.3, "trend": 37.373, "fair_value": 34.159541, "relative_strength": -19.484859, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.904721, "energy": 16.688799, "activity_lines": [ 35.410666, 35.697818, 35.377857, 35.85914 ] }, { "date": "2025-07-18", "close": 35.389999, "volume": 261921, "typical_volume": 209286.4, "trend": 37.003667, "fair_value": 34.311554, "relative_strength": -18.661639, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.920226, "energy": 16.137177, "activity_lines": [ 35.368666, 35.653273, 35.41281, 35.731204 ] }, { "date": "2025-07-25", "close": 34.73, "volume": 126304, "typical_volume": 208371.5, "trend": 36.655, "fair_value": 34.455868, "relative_strength": -19.127025, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.261575, "energy": 18.090299, "activity_lines": [ 35.161333, 35.447818, 35.386714, 35.584516 ] }, { "date": "2025-08-01", "close": 33.259998, "volume": 113331, "typical_volume": 207227.45, "trend": 36.271, "fair_value": 34.591073, "relative_strength": -20.901617, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.366447, "energy": 31.340698, "activity_lines": [ 34.513999, 35.013272, 35.230952, 35.365484 ] }, { "date": "2025-08-08", "close": 32.57, "volume": 93655, "typical_volume": 202639.85, "trend": 35.961667, "fair_value": 34.720154, "relative_strength": -21.220532, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.28344, "energy": 46.071928, "activity_lines": [ 33.761999, 34.481818, 35.003952, 35.12671 ] }, { "date": "2025-08-15", "close": 33.57, "volume": 80013, "typical_volume": 185557.55, "trend": 35.680667, "fair_value": 34.847812, "relative_strength": -19.148616, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.577408, "energy": 47.569043, "activity_lines": [ 33.517333, 34.209454, 34.871667, 34.972409 ] }, { "date": "2025-08-22", "close": 32.310001, "volume": 105303, "typical_volume": 182404.55, "trend": 35.413, "fair_value": 34.962866, "relative_strength": -22.061788, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.334115, "energy": 56.558895, "activity_lines": [ 32.986, 33.773091, 34.612381, 34.754946 ] }, { "date": "2025-08-29", "close": 31.91, "volume": 54188, "typical_volume": 178471.05, "trend": 35.031333, "fair_value": 35.074974, "relative_strength": -20.894952, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.707941, "energy": 58.616505, "activity_lines": [ 32.526667, 33.334909, 34.317048, 34.528946 ] }, { "date": "2025-09-05", "close": 32.799999, "volume": 99422, "typical_volume": 167749.5, "trend": 34.760667, "fair_value": 35.193361, "relative_strength": -18.98339, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.476761, "energy": 51.687785, "activity_lines": [ 32.552, 33.123454, 34.110571, 34.384989 ] }, { "date": "2025-09-12", "close": 31.91, "volume": 149847, "typical_volume": 167896.05, "trend": 34.519, "fair_value": 35.279138, "relative_strength": -21.635678, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.98004, "energy": 52.617112, "activity_lines": [ 32.311333, 32.792727, 33.845952, 34.201075 ] }, { "date": "2025-09-19", "close": 32.349998, "volume": 144413, "typical_volume": 170073.55, "trend": 34.375333, "fair_value": 35.374494, "relative_strength": -20.563407, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.321709, "energy": 41.738288, "activity_lines": [ 32.261333, 32.601454, 33.640285, 34.06114 ] }, { "date": "2025-09-26", "close": 31.690001, "volume": 92380, "typical_volume": 166107.9, "trend": 34.239333, "fair_value": 35.479326, "relative_strength": -19.500721, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.048633, "energy": 37.758317, "activity_lines": [ 32.072666, 32.348727, 33.386238, 33.887892 ] }, { "date": "2025-10-03", "close": 32.599998, "volume": 62461, "typical_volume": 160499.8, "trend": 34.096, "fair_value": 35.577623, "relative_strength": -17.303459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.508856, "energy": 32.846218, "activity_lines": [ 32.228666, 32.328727, 33.225761, 33.782129 ] }, { "date": "2025-10-10", "close": 31.309999, "volume": 64065, "typical_volume": 151369.45, "trend": 34.069667, "fair_value": 35.602112, "relative_strength": -21.101244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.061014, "energy": 35.606861, "activity_lines": [ 31.908666, 32.112908, 32.962571, 33.602387 ] }, { "date": "2025-10-17", "close": 30.77, "volume": 89552, "typical_volume": 145755.15, "trend": 34.013333, "fair_value": 35.662348, "relative_strength": -23.058149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.829867, "energy": 44.912267, "activity_lines": [ 31.507999, 31.834363, 32.664714, 33.389505 ] }, { "date": "2025-10-24", "close": 33.279999, "volume": 412945, "typical_volume": 136918.55, "trend": 34.052667, "fair_value": 35.739949, "relative_strength": -16.543101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.302627, "energy": 25.935283, "activity_lines": [ 32.019999, 32.044908, 32.634714, 33.342193 ] }, { "date": "2025-10-31", "close": 32.66, "volume": 99656, "typical_volume": 130027.95, "trend": 34.05, "fair_value": 35.819377, "relative_strength": -17.15075, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.549292, "energy": 20.743036, "activity_lines": [ 32.263333, 32.147999, 32.564095, 33.252344 ] }, { "date": "2025-11-07", "close": 31.27, "volume": 71642, "typical_volume": 128013.5, "trend": 34.0, "fair_value": 35.893274, "relative_strength": -19.250152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.020967, "energy": 25.622262, "activity_lines": [ 31.978666, 31.992, 32.378, 33.072989 ] }, { "date": "2025-11-14", "close": 30.969999, "volume": 128513, "typical_volume": 125997.75, "trend": 33.752667, "fair_value": 35.968053, "relative_strength": -20.79526, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.076072, "energy": 25.345799, "activity_lines": [ 31.682666, 31.79309, 32.18338, 32.877505 ] }, { "date": "2025-11-21", "close": 30.139999, "volume": 73263, "typical_volume": 122048.2, "trend": 33.574333, "fair_value": 36.040061, "relative_strength": -22.905959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.391403, "energy": 40.127329, "activity_lines": [ 31.132666, 31.476545, 31.929571, 32.64443 ] }, { "date": "2025-11-28", "close": 30.299999, "volume": 88911, "typical_volume": 120589.25, "trend": 33.404666, "fair_value": 36.113924, "relative_strength": -21.733999, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.622944, "energy": 47.970313, "activity_lines": [ 30.677999, 31.221272, 31.714999, 32.433182 ] }, { "date": "2025-12-05", "close": 28.5, "volume": 113440, "typical_volume": 113165.2, "trend": 33.25, "fair_value": 36.177906, "relative_strength": -25.357493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.243117, "energy": 60.239391, "activity_lines": [ 29.821999, 30.675999, 31.354095, 32.116752 ] }, { "date": "2025-12-12", "close": 28.24, "volume": 93965, "typical_volume": 111548.25, "trend": 32.963666, "fair_value": 36.242007, "relative_strength": -24.765105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.056844, "energy": 64.532509, "activity_lines": [ 29.156666, 30.141454, 31.001238, 31.793526 ] }, { "date": "2025-12-19", "close": 27.360001, "volume": 261675, "typical_volume": 118965.45, "trend": 32.714666, "fair_value": 36.31156, "relative_strength": -25.978164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.975614, "energy": 66.200336, "activity_lines": [ 28.4, 29.526182, 30.595476, 31.432 ] }, { "date": "2025-12-26", "close": 27.200001, "volume": 54383, "typical_volume": 117001.85, "trend": 32.394, "fair_value": 36.37046, "relative_strength": -25.769875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.70138, "energy": 67.199712, "activity_lines": [ 27.830667, 28.953636, 30.202571, 31.076215 ] }, { "date": "2026-01-02", "close": 27.209999, "volume": 84540, "typical_volume": 117228.2, "trend": 32.062666, "fair_value": 36.429871, "relative_strength": -25.705118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.587199, "energy": 63.031846, "activity_lines": [ 27.460667, 28.447818, 29.83619, 30.741763 ] }, { "date": "2026-01-09", "close": 25.950001, "volume": 177439, "typical_volume": 120835.0, "trend": 31.720666, "fair_value": 36.481396, "relative_strength": -26.578013, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.309896, "energy": 62.474236, "activity_lines": [ 26.876667, 27.823273, 29.380095, 30.347398 ] }, { "date": "2026-01-16", "close": 24.57, "volume": 88618, "typical_volume": 122556.5, "trend": 31.357, "fair_value": 36.521205, "relative_strength": -29.67328, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.134517, "energy": 67.456664, "activity_lines": [ 26.002667, 27.069818, 28.822857, 29.886064 ] }, { "date": "2026-01-23", "close": 21.799999, "volume": 301052, "typical_volume": 132638.0, "trend": 30.912333, "fair_value": 36.54651, "relative_strength": -35.189849, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.85112, "energy": 86.778054, "activity_lines": [ 24.45, 25.934545, 28.036762, 29.269484 ] }, { "date": "2026-01-30", "close": 22.16, "volume": 129421, "typical_volume": 131616.7, "trend": 30.478333, "fair_value": 36.57763, "relative_strength": -33.909907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.896237, "energy": 86.685765, "activity_lines": [ 23.388, 25.031455, 27.337333, 28.704817 ] }, { "date": "2026-02-06", "close": 22.41, "volume": 134860, "typical_volume": 131139.05, "trend": 30.039666, "fair_value": 36.601872, "relative_strength": -33.297128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.281711, "energy": 84.740345, "activity_lines": [ 22.745333, 24.318909, 26.708143, 28.184279 ] }, { "date": "2026-02-13", "close": 22.299999, "volume": 127153, "typical_volume": 132877.7, "trend": 29.603333, "fair_value": 36.628469, "relative_strength": -32.214669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.958632, "energy": 83.108592, "activity_lines": [ 22.386, 23.729818, 26.115809, 27.684946 ] }, { "date": "2026-02-20", "close": 21.040001, "volume": 89411, "typical_volume": 134225.2, "trend": 29.147, "fair_value": 36.658529, "relative_strength": -35.541399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.005625, "energy": 72.700501, "activity_lines": [ 21.85, 23.024364, 25.44819, 27.132473 ] }, { "date": "2026-02-27", "close": 20.23, "volume": 103215, "typical_volume": 136182.7, "trend": 28.712666, "fair_value": 36.676575, "relative_strength": -36.275769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.258248, "energy": 70.03636, "activity_lines": [ 21.279333, 22.302545, 24.758476, 26.557183 ] }, { "date": "2026-03-06", "close": 19.08, "volume": 110870, "typical_volume": 137248.6, "trend": 28.263, "fair_value": 36.688079, "relative_strength": -37.289674, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.32252, "energy": 81.620704, "activity_lines": [ 20.43, 21.501273, 24.012, 25.93572 ] }, { "date": "2026-03-13", "close": 18.950001, "volume": 112122, "typical_volume": 122207.45, "trend": 27.775666, "fair_value": 36.70761, "relative_strength": -33.590476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.969064, "energy": 83.974055, "activity_lines": [ 19.742667, 20.824, 23.30881, 25.334882 ] }, { "date": "2026-03-20", "close": 18.290001, "volume": 134981, "typical_volume": 123973.7, "trend": 27.308333, "fair_value": 36.723293, "relative_strength": -35.196442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.335146, "energy": 86.972724, "activity_lines": [ 19.066001, 20.176909, 22.611, 24.722903 ] }, { "date": "2026-03-27", "close": 18.18, "volume": 248364, "typical_volume": 132809.8, "trend": 26.850666, "fair_value": 36.738909, "relative_strength": -34.164662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.223508, "energy": 81.136182, "activity_lines": [ 18.62, 19.649091, 21.971143, 24.133979 ] }, { "date": "2026-04-03", "close": 18.09, "volume": 158775, "typical_volume": 134322.9, "trend": 26.360333, "fair_value": 36.750441, "relative_strength": -33.514648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.155155, "energy": 65.334718, "activity_lines": [ 18.334667, 19.221091, 21.385048, 23.568774 ] }, { "date": "2026-04-10", "close": 24.0, "volume": 708462, "typical_volume": 166082.85, "trend": 26.096667, "fair_value": 36.783728, "relative_strength": -16.109907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.752922, "energy": 37.306337, "activity_lines": [ 20.162, 19.935091, 21.423143, 23.416495 ] }, { "date": "2026-04-17", "close": 23.17, "volume": 187803, "typical_volume": 171027.45, "trend": 25.790667, "fair_value": 36.81144, "relative_strength": -19.158445, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.004058, "energy": 22.505985, "activity_lines": [ 21.384667, 20.464727, 21.411429, 23.227677 ] }, { "date": "2026-04-24", "close": 21.73, "volume": 111121, "typical_volume": 170911.5, "trend": 25.458667, "fair_value": 36.833109, "relative_strength": -22.014675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.895558, "energy": 25.641349, "activity_lines": [ 21.846, 20.718727, 21.296524, 22.965699 ] }, { "date": "2026-05-01", "close": 23.23, "volume": 117684, "typical_volume": 172097.45, "trend": 25.146333, "fair_value": 36.861651, "relative_strength": -16.307176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.485526, "energy": 25.861172, "activity_lines": [ 22.578, 21.255818, 21.356714, 22.821914 ] }, { "date": "2026-05-08", "close": 23.85, "volume": 110134, "typical_volume": 164520.4, "trend": 24.897667, "fair_value": 36.896909, "relative_strength": -14.145999, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.159365, "energy": 18.169526, "activity_lines": [ 23.18, 21.865818, 21.49981, 22.73828 ] }, { "date": "2026-05-15", "close": 23.35, "volume": 117464, "typical_volume": 167674.45, "trend": 24.650333, "fair_value": 36.934382, "relative_strength": -13.349725, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.829991, "energy": 15.591496, "activity_lines": [ 23.231333, 22.319091, 21.612, 22.63843 ] }, { "date": "2026-05-22", "close": 22.25, "volume": 56418, "typical_volume": 166268.35, "trend": 24.282667, "fair_value": 36.961169, "relative_strength": -17.047045, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.961536, "energy": 14.073843, "activity_lines": [ 22.959333, 22.494727, 21.637762, 22.48357 ] }, { "date": "2026-05-29", "close": 22.440001, "volume": 96908, "typical_volume": 162241.8, "trend": 23.942, "fair_value": 36.991022, "relative_strength": -14.955908, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.542094, "energy": 10.401865, "activity_lines": [ 22.812, 22.644909, 21.705238, 22.364688 ] }, { "date": "2026-06-05", "close": 22.0, "volume": 17262, "typical_volume": 158674.0, "trend": 23.633, "fair_value": 37.014804, "relative_strength": -15.185132, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.559863, "energy": 10.297356, "activity_lines": [ 22.470667, 22.639637, 21.747524, 22.239398 ] }, { "date": "2026-06-12", "close": 20.790001, "volume": 17816, "typical_volume": 144512.2, "trend": 23.293667, "fair_value": 37.028279, "relative_strength": -19.907784, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.807422, "energy": 19.697788, "activity_lines": [ 21.808001, 22.344909, 21.68681, 22.055979 ] }, { "date": "2026-06-19", "close": 21.540001, "volume": 7637, "typical_volume": 138423.0, "trend": 23.007, "fair_value": 37.045351, "relative_strength": -17.623182, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.533734, "energy": 19.025029, "activity_lines": [ 21.599334, 22.137455, 21.702334, 21.942839 ] }, { "date": "2026-06-26", "close": 20.51, "volume": 0, "typical_volume": 131680.0, "trend": 22.680667, "fair_value": 37.057286, "relative_strength": -20.979215, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.299042, "energy": 26.49231, "activity_lines": [ 21.168001, 21.787455, 21.622715, 21.781742 ] }, { "date": "2026-07-03", "close": 21.639999, "volume": 16878, "typical_volume": 126166.25, "trend": 22.452, "fair_value": 37.079526, "relative_strength": -16.635363, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.775554, "energy": 23.140398, "activity_lines": [ 21.229333, 21.691273, 21.659762, 21.714602 ] }, { "date": "2026-07-10", "close": 21.129999, "volume": 62330, "typical_volume": 124812.2, "trend": 22.215, "fair_value": 37.102193, "relative_strength": -17.582658, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.386339, "energy": 23.864739, "activity_lines": [ 21.174, 21.504, 21.651381, 21.629312 ] }, { "date": "2026-07-17", "close": 21.0, "volume": 43963, "typical_volume": 121849.6, "trend": 22.003, "fair_value": 37.123135, "relative_strength": -17.689961, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.303957, "energy": 27.173875, "activity_lines": [ 21.133333, 21.331273, 21.630191, 21.550925 ] }, { "date": "2026-07-24", "close": 20.51, "volume": 46929, "typical_volume": 118652.55, "trend": 21.78, "fair_value": 37.141063, "relative_strength": -16.876992, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.385038, "energy": 29.440026, "activity_lines": [ 20.915333, 21.121273, 21.558667, 21.454602 ] }, { "date": "2026-07-31", "close": 24.030001, "volume": 202107, "typical_volume": 123151.8, "trend": 21.674, "fair_value": 37.149424, "relative_strength": -4.419707, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.634839, "energy": 10.576486, "activity_lines": [ 21.939333, 21.602909, 21.815572, 21.599764 ] }, { "date": "2026-08-07", "close": 22.5, "volume": 47041, "typical_volume": 118754.8, "trend": 21.559, "fair_value": 37.125216, "relative_strength": -10.483549, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 33.905309, "energy": 21.625973, "activity_lines": [ 22.218667, 21.774, 21.902572, 21.653054 ] } ], "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." } } }