{ "ticker": { "uuid": "9a6b821c-7a38-4dbe-bac2-6a2b1f7ad198", "symbol": "KEC", "name": "KEC International 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": -64.716, "architecture_energy": 73.948, "architecture_maturity": 84.217, "architecture_confidence": 92.842, "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": 6.79, "rotation_up": 13.5, "upward_expansion": 17.03, "deceleration": 37.78, "rotation_down": 71.39, "downward_expansion": 92.69 }, "activity_lines": [ 474.861477, 488.596153, 506.707719, 522.10033 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 478.850006, "trend_reference": 548.959441, "distance_from_trend": -0.127713, "trend_direction": "Weakening", "fair_value": 744.809805, "distance_from_fair_value": -0.357084, "fair_value_direction": "Weakening", "relative_strength": -25.402904, "relative_strength_direction": "Weakening", "price_momentum": -0.222015, "excess_performance": -0.178305, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.127713, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.119637, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.357084, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.153817, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.254029, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.094078, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.222015, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.334465, "read": "Supply-led" } ], "volume": { "latest": 4138613, "relative_activity": 0.859896, "balance": 0.334465, "dry_up": 0.985804, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.064387, "annualized_volatility": 0.320337, "from_high_reference": -0.48939, "from_low_reference": 0.052417 }, "levels": { "trend_reference": 548.959441, "fair_value_reference": 744.809805, "structural_low": 455.00032, "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": 17, "median_return": -0.01073, "positive_rate": 0.470588, "directional_follow_through": 0.529412, "median_excess_return": 0.008563, "regime_survival": 0.882353, "best_return": 0.185591, "worst_return": -0.132641, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.004017, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.024467, "regime_survival": 0.666667, "best_return": 0.229945, "worst_return": -0.146482, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.089191, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.090279, "regime_survival": 0.333333, "best_return": 0.187319, "worst_return": -0.271382, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.025116, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.061988, "regime_survival": 0.5, "best_return": 0.189052, "worst_return": -0.239283, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-12-01", "end": "2023-12-15", "tenure": "New", "return": 0.043419, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-12-22", "end": "2024-02-02", "tenure": "Developing", "return": 0.112651, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-02-09", "end": "2024-03-08", "tenure": "Developing", "return": 0.065796, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-15", "end": "2024-08-09", "tenure": "Established", "return": 0.258078, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-09-06", "tenure": "New", "return": 0.21509, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-13", "end": "2024-10-25", "tenure": "Developing", "return": -0.098867, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-01", "end": "2024-11-22", "tenure": "New", "return": -0.002844, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2025-01-31", "tenure": "Developing", "return": -0.202504, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-07", "end": "2025-02-28", "tenure": "New", "return": -0.169098, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-07", "end": "2025-06-06", "tenure": "Established", "return": 0.229945, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-08-01", "tenure": "Developing", "return": -0.053109, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-08", "end": "2025-10-31", "tenure": "Established", "return": 0.014515, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2025-11-21", "tenure": "New", "return": -0.079212, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-08-07", "tenure": "Extended", "return": -0.301713, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 617.57605, "volume": 1311904, "typical_volume": 4016285.55, "trend": 517.152758, "fair_value": 426.513801, "relative_strength": 20.709323, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.08332, "energy": 67.312731, "activity_lines": [ 624.946301, 610.346794, 576.321999, 549.217983 ] }, { "date": "2023-08-25", "close": 643.835876, "volume": 3036212, "typical_volume": 4121678.55, "trend": 523.370301, "fair_value": 428.58162, "relative_strength": 25.186276, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.650884, "energy": 63.616185, "activity_lines": [ 631.26807, 619.540781, 585.664888, 557.391087 ] }, { "date": "2023-09-01", "close": 662.628235, "volume": 1892091, "typical_volume": 4174229.35, "trend": 530.087923, "fair_value": 430.810706, "relative_strength": 26.668172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.755589, "energy": 58.269123, "activity_lines": [ 641.689591, 630.298545, 595.925243, 566.37547 ] }, { "date": "2023-09-08", "close": 669.452759, "volume": 1331640, "typical_volume": 4108511.2, "trend": 536.757394, "fair_value": 433.094977, "relative_strength": 24.474489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.496362, "energy": 59.20233, "activity_lines": [ 652.064929, 640.119439, 605.956051, 575.36675 ] }, { "date": "2023-09-15", "close": 653.034241, "volume": 8031379, "typical_volume": 4435133.6, "trend": 542.928801, "fair_value": 435.192394, "relative_strength": 18.49093, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.788507, "energy": 52.155775, "activity_lines": [ 655.740983, 644.648004, 613.414627, 582.868482 ] }, { "date": "2023-09-22", "close": 648.73175, "volume": 828312, "typical_volume": 4235594.2, "trend": 549.017497, "fair_value": 437.384641, "relative_strength": 20.116724, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.7997, "energy": 49.519399, "activity_lines": [ 655.549756, 647.197367, 619.505168, 589.694478 ] }, { "date": "2023-09-29", "close": 655.259644, "volume": 818601, "typical_volume": 3999341.65, "trend": 555.665053, "fair_value": 439.421827, "relative_strength": 20.915033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.719318, "energy": 44.361431, "activity_lines": [ 655.457446, 649.934834, 625.554092, 596.548811 ] }, { "date": "2023-10-06", "close": 678.403931, "volume": 1049001, "typical_volume": 3375203.7, "trend": 563.130025, "fair_value": 441.661159, "relative_strength": 24.21064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.675876, "energy": 46.576119, "activity_lines": [ 662.318315, 656.082368, 633.192987, 604.467448 ] }, { "date": "2023-10-13", "close": 647.149231, "volume": 931052, "typical_volume": 3107585.3, "trend": 569.571222, "fair_value": 443.773401, "relative_strength": 17.184526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.5309, "energy": 37.582411, "activity_lines": [ 657.709237, 655.62739, 637.154693, 609.888042 ] }, { "date": "2023-10-20", "close": 645.814026, "volume": 1647849, "typical_volume": 3106633.7, "trend": 575.6086, "fair_value": 445.821753, "relative_strength": 17.411296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.049058, "energy": 30.019156, "activity_lines": [ 654.141992, 655.000683, 640.384313, 614.806932 ] }, { "date": "2023-10-27", "close": 622.323608, "volume": 998747, "typical_volume": 3070752.1, "trend": 581.37814, "fair_value": 447.801441, "relative_strength": 15.398471, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.30938, "energy": 22.486743, "activity_lines": [ 643.225956, 649.570689, 640.77045, 617.820804 ] }, { "date": "2023-11-03", "close": 594.53064, "volume": 1459887, "typical_volume": 2710862.7, "trend": 585.840609, "fair_value": 449.531254, "relative_strength": 8.634873, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.349854, "energy": 14.527971, "activity_lines": [ 624.80614, 639.001109, 638.062308, 618.669352 ] }, { "date": "2023-11-10", "close": 570.446777, "volume": 3978592, "typical_volume": 2762976.15, "trend": 588.924399, "fair_value": 451.098027, "relative_strength": 2.677766, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.210728, "energy": 21.639262, "activity_lines": [ 602.40697, 624.949103, 632.809937, 617.676202 ] }, { "date": "2023-11-17", "close": 592.453613, "volume": 2244283, "typical_volume": 2829499.1, "trend": 593.417715, "fair_value": 452.739411, "relative_strength": 4.47279, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.286192, "energy": 22.772335, "activity_lines": [ 594.540556, 616.574367, 629.522067, 617.903893 ] }, { "date": "2023-11-24", "close": 571.287476, "volume": 2641755, "typical_volume": 2664253.85, "trend": 597.400735, "fair_value": 454.178962, "relative_strength": -0.025095, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.759025, "energy": 44.534353, "activity_lines": [ 583.265137, 605.751227, 623.980784, 616.476136 ] }, { "date": "2023-12-01", "close": 583.156311, "volume": 2008834, "typical_volume": 2688582.15, "trend": 599.858136, "fair_value": 455.679759, "relative_strength": -0.773407, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.36907, "energy": 46.093249, "activity_lines": [ 580.914433, 598.572362, 619.645655, 615.55714 ] }, { "date": "2023-12-08", "close": 619.4552, "volume": 2235121, "typical_volume": 2728171.1, "trend": 602.964384, "fair_value": 457.381711, "relative_strength": 1.575359, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.275063, "energy": 18.456431, "activity_lines": [ 593.274512, 599.185576, 618.818241, 616.821467 ] }, { "date": "2023-12-15", "close": 608.476563, "volume": 1303993, "typical_volume": 2624335.35, "trend": 605.537323, "fair_value": 458.993503, "relative_strength": -2.660156, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.577982, "energy": 13.752564, "activity_lines": [ 600.313408, 598.453663, 616.906744, 617.177092 ] }, { "date": "2023-12-22", "close": 592.20636, "volume": 1269890, "typical_volume": 2050012.65, "trend": 607.940363, "fair_value": 460.532838, "relative_strength": -4.947317, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.682735, "energy": 9.855206, "activity_lines": [ 599.393583, 596.034939, 613.53778, 616.31703 ] }, { "date": "2023-12-29", "close": 582.760742, "volume": 1904436, "typical_volume": 2046178.95, "trend": 610.08269, "fair_value": 461.968967, "relative_strength": -8.103517, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.797049, "energy": 11.334578, "activity_lines": [ 595.341703, 592.897791, 609.549471, 614.692538 ] }, { "date": "2024-01-05", "close": 597.695679, "volume": 2446363, "typical_volume": 2102901.9, "trend": 612.393071, "fair_value": 463.560183, "relative_strength": -5.704541, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.081564, "energy": 11.905862, "activity_lines": [ 595.503251, 593.622509, 607.144378, 613.893376 ] }, { "date": "2024-01-12", "close": 603.283936, "volume": 2602799, "typical_volume": 2081231.25, "trend": 614.438536, "fair_value": 465.243171, "relative_strength": -5.679793, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.67691, "energy": 21.664204, "activity_lines": [ 596.55826, 595.811054, 605.366169, 613.30569 ] }, { "date": "2024-01-19", "close": 618.218872, "volume": 1972434, "typical_volume": 2085248.4, "trend": 616.950659, "fair_value": 466.996238, "relative_strength": -2.266136, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.011469, "energy": 13.866083, "activity_lines": [ 603.669666, 600.555892, 605.203439, 613.549582 ] }, { "date": "2024-01-26", "close": 609.218384, "volume": 698651, "typical_volume": 2053598.95, "trend": 619.172612, "fair_value": 468.67801, "relative_strength": -2.635563, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.751506, "energy": 16.225161, "activity_lines": [ 607.131421, 602.795693, 604.394993, 613.050726 ] }, { "date": "2024-02-02", "close": 658.919189, "volume": 4616333, "typical_volume": 1882846.65, "trend": 621.563149, "fair_value": 470.376369, "relative_strength": 2.60117, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.621472, "energy": 26.579845, "activity_lines": [ 626.025977, 613.767191, 608.606787, 615.615021 ] }, { "date": "2024-02-09", "close": 651.649536, "volume": 2014168, "typical_volume": 1942139.45, "trend": 623.491514, "fair_value": 471.895208, "relative_strength": 1.560049, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.545883, "energy": 44.891081, "activity_lines": [ 637.420085, 621.823629, 612.09821, 617.556078 ] }, { "date": "2024-02-16", "close": 661.24353, "volume": 2095191, "typical_volume": 2005968.95, "trend": 625.153953, "fair_value": 473.464728, "relative_strength": 1.587632, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.717203, "energy": 53.271583, "activity_lines": [ 648.415267, 630.379099, 616.489453, 619.991692 ] }, { "date": "2024-02-23", "close": 669.353943, "volume": 1003505, "typical_volume": 2003694.15, "trend": 626.538656, "fair_value": 475.093039, "relative_strength": 1.808712, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.287096, "energy": 60.94496, "activity_lines": [ 658.249947, 639.649402, 621.62462, 622.843305 ] }, { "date": "2024-03-01", "close": 706.88916, "volume": 5670596, "typical_volume": 2240671.35, "trend": 628.399758, "fair_value": 476.783599, "relative_strength": 6.514159, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.878189, "energy": 70.08972, "activity_lines": [ 677.187362, 654.637428, 630.377666, 628.027208 ] }, { "date": "2024-03-08", "close": 694.525757, "volume": 1235109, "typical_volume": 2220034.35, "trend": 630.999367, "fair_value": 478.387797, "relative_strength": 3.610583, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.420802, "energy": 76.989594, "activity_lines": [ 685.492257, 665.292421, 637.668769, 632.293402 ] }, { "date": "2024-03-15", "close": 658.325745, "volume": 8166227, "typical_volume": 2578408.35, "trend": 632.35769, "fair_value": 479.790238, "relative_strength": 0.090779, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.625452, "energy": 52.957057, "activity_lines": [ 679.35671, 667.333502, 641.280291, 634.056394 ] }, { "date": "2024-03-22", "close": 664.903076, "volume": 1654087, "typical_volume": 2588118.35, "trend": 633.05993, "fair_value": 481.507481, "relative_strength": 0.582249, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.163122, "energy": 41.790037, "activity_lines": [ 674.968526, 669.468096, 645.346787, 636.156096 ] }, { "date": "2024-03-29", "close": 686.662659, "volume": 1275077, "typical_volume": 2452942.6, "trend": 633.861078, "fair_value": 483.315677, "relative_strength": 2.481871, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.710038, "energy": 37.77487, "activity_lines": [ 677.589567, 674.438631, 651.150517, 639.614337 ] }, { "date": "2024-04-05", "close": 751.595215, "volume": 21508846, "typical_volume": 3416170.75, "trend": 636.59916, "fair_value": 485.487558, "relative_strength": 10.730577, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.75624, "energy": 46.588718, "activity_lines": [ 700.700879, 689.970652, 662.584891, 647.210087 ] }, { "date": "2024-04-12", "close": 738.539429, "volume": 1646824, "typical_volume": 3366424.2, "trend": 639.449333, "fair_value": 487.654574, "relative_strength": 8.365671, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.538597, "energy": 54.265067, "activity_lines": [ 716.479859, 700.540225, 672.01804, 653.786879 ] }, { "date": "2024-04-19", "close": 689.234192, "volume": 2061867, "typical_volume": 3369075.85, "trend": 640.799414, "fair_value": 489.550351, "relative_strength": 2.49601, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.404398, "energy": 48.359101, "activity_lines": [ 712.889514, 700.697568, 675.959014, 656.998805 ] }, { "date": "2024-04-26", "close": 718.213989, "volume": 2114830, "typical_volume": 3363061.3, "trend": 642.897892, "fair_value": 491.6727, "relative_strength": 5.037945, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.92076, "energy": 48.06926, "activity_lines": [ 716.898539, 705.440607, 682.154836, 661.993294 ] }, { "date": "2024-05-03", "close": 743.682617, "volume": 2320990, "typical_volume": 3413911.15, "trend": 645.073849, "fair_value": 494.104521, "relative_strength": 8.158407, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.265025, "energy": 44.501731, "activity_lines": [ 725.843046, 713.77848, 690.305961, 668.495534 ] }, { "date": "2024-05-10", "close": 716.087524, "volume": 2207232, "typical_volume": 3460778.25, "trend": 647.371792, "fair_value": 496.283717, "relative_strength": 5.882905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.30079, "energy": 34.473032, "activity_lines": [ 721.787858, 715.747633, 695.185145, 673.077062 ] }, { "date": "2024-05-17", "close": 781.959595, "volume": 7553221, "typical_volume": 3743217.5, "trend": 651.909977, "fair_value": 498.775434, "relative_strength": 13.109573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.592349, "energy": 47.361555, "activity_lines": [ 742.057206, 729.526283, 705.747948, 681.760146 ] }, { "date": "2024-05-24", "close": 771.821594, "volume": 1457292, "typical_volume": 3693763.95, "trend": 656.893243, "fair_value": 501.160124, "relative_strength": 8.880758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.39365, "energy": 53.364377, "activity_lines": [ 756.052543, 739.871954, 714.396662, 689.496379 ] }, { "date": "2024-05-31", "close": 730.429077, "volume": 1083259, "typical_volume": 3617786.95, "trend": 661.423191, "fair_value": 503.334191, "relative_strength": 4.701809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.219925, "energy": 41.127911, "activity_lines": [ 750.744547, 740.628152, 718.27406, 694.240627 ] }, { "date": "2024-06-07", "close": 759.952759, "volume": 2921292, "typical_volume": 3665229.85, "trend": 667.740057, "fair_value": 505.751607, "relative_strength": 5.109712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.66189, "energy": 41.148887, "activity_lines": [ 754.46344, 745.56091, 724.357784, 700.597373 ] }, { "date": "2024-06-14", "close": 925.276062, "volume": 10834070, "typical_volume": 4172000.8, "trend": 678.834139, "fair_value": 509.113797, "relative_strength": 26.186709, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.536756, "energy": 73.51653, "activity_lines": [ 812.205424, 779.219903, 745.511661, 717.212599 ] }, { "date": "2024-06-21", "close": 858.958862, "volume": 2719341, "typical_volume": 4077151.2, "trend": 688.423185, "fair_value": 511.799256, "relative_strength": 16.430599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.492118, "energy": 68.047599, "activity_lines": [ 833.895772, 797.66339, 758.844579, 728.833549 ] }, { "date": "2024-06-28", "close": 877.207214, "volume": 5068034, "typical_volume": 4229844.5, "trend": 698.224882, "fair_value": 514.764595, "relative_strength": 15.7951, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.86334, "energy": 74.162006, "activity_lines": [ 856.53562, 817.235315, 772.962864, 741.013164 ] }, { "date": "2024-07-05", "close": 890.806946, "volume": 8628979, "typical_volume": 4556533.9, "trend": 707.26994, "fair_value": 517.896556, "relative_strength": 15.6356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.485991, "energy": 80.212325, "activity_lines": [ 876.683004, 835.862227, 787.302278, 753.437813 ] }, { "date": "2024-07-12", "close": 861.678772, "volume": 2935262, "typical_volume": 4653121.75, "trend": 715.710014, "fair_value": 520.838706, "relative_strength": 10.7167, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.710956, "energy": 58.256397, "activity_lines": [ 876.429138, 846.055054, 797.774421, 763.399673 ] }, { "date": "2024-07-19", "close": 858.513794, "volume": 5119076, "typical_volume": 4625545.75, "trend": 724.586928, "fair_value": 523.651018, "relative_strength": 9.912313, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.328643, "energy": 47.385428, "activity_lines": [ 868.338546, 853.527045, 807.029305, 772.61282 ] }, { "date": "2024-07-26", "close": 870.432068, "volume": 2498163, "typical_volume": 4688698.45, "trend": 734.175972, "fair_value": 526.566259, "relative_strength": 9.869077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.764925, "energy": 42.435795, "activity_lines": [ 868.671529, 860.576427, 816.697241, 782.022184 ] }, { "date": "2024-08-02", "close": 872.657471, "volume": 4274568, "typical_volume": 4494115.5, "trend": 743.341366, "fair_value": 529.545078, "relative_strength": 10.542319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.975557, "energy": 37.211892, "activity_lines": [ 868.981433, 866.421837, 825.73947, 790.956474 ] }, { "date": "2024-08-09", "close": 828.224915, "volume": 2352545, "typical_volume": 4529038.4, "trend": 750.839398, "fair_value": 532.322093, "relative_strength": 6.277383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.164864, "energy": 27.171145, "activity_lines": [ 854.783802, 862.355221, 829.529401, 796.432832 ] }, { "date": "2024-08-16", "close": 811.977417, "volume": 908319, "typical_volume": 4510700.5, "trend": 757.298016, "fair_value": 535.097017, "relative_strength": 3.386599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.253095, "energy": 21.191249, "activity_lines": [ 839.342473, 853.556409, 830.994227, 800.377221 ] }, { "date": "2024-08-23", "close": 834.634521, "volume": 1893738, "typical_volume": 3529945.1, "trend": 764.811888, "fair_value": 537.933221, "relative_strength": 5.051258, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.180109, "energy": 17.302686, "activity_lines": [ 834.766935, 847.931167, 834.020136, 805.366672 ] }, { "date": "2024-08-30", "close": 941.410828, "volume": 28933684, "typical_volume": 4894288.1, "trend": 774.228276, "fair_value": 541.32062, "relative_strength": 16.328274, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.737755, "energy": 32.40885, "activity_lines": [ 867.375452, 863.367827, 846.819792, 816.760152 ] }, { "date": "2024-09-06", "close": 986.62561, "volume": 15923426, "typical_volume": 5587366.05, "trend": 785.394145, "fair_value": 544.951041, "relative_strength": 23.359739, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 73.525714, "energy": 51.970302, "activity_lines": [ 910.323645, 885.52623, 862.959564, 830.463206 ] }, { "date": "2024-09-13", "close": 987.023071, "volume": 3917948, "typical_volume": 5677521.95, "trend": 796.253463, "fair_value": 548.676393, "relative_strength": 20.480682, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.940668, "energy": 74.593323, "activity_lines": [ 945.806449, 905.767473, 877.721039, 843.471524 ] }, { "date": "2024-09-20", "close": 935.349121, "volume": 5256526, "typical_volume": 5824298.75, "trend": 805.119969, "fair_value": 551.846098, "relative_strength": 12.030288, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.033184, "energy": 72.269016, "activity_lines": [ 953.47806, 914.864068, 886.281142, 852.445438 ] }, { "date": "2024-09-27", "close": 1018.673401, "volume": 7896422, "typical_volume": 6108758.25, "trend": 815.512777, "fair_value": 555.624526, "relative_strength": 19.807341, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.759797, "energy": 79.324124, "activity_lines": [ 980.69965, 937.771072, 901.864194, 866.223078 ] }, { "date": "2024-10-04", "close": 1025.778564, "volume": 4686563, "typical_volume": 5965425.35, "trend": 826.554537, "fair_value": 559.306492, "relative_strength": 25.775287, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.316375, "energy": 77.123967, "activity_lines": [ 998.020369, 959.05793, 916.683042, 879.788613 ] }, { "date": "2024-10-11", "close": 992.438965, "volume": 2265904, "typical_volume": 6005855.95, "trend": 837.691644, "fair_value": 562.798774, "relative_strength": 21.432202, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.838332, "energy": 55.171733, "activity_lines": [ 998.603373, 971.458561, 927.165648, 890.490834 ] }, { "date": "2024-10-18", "close": 985.631836, "volume": 2586980, "typical_volume": 6081042.0, "trend": 848.382603, "fair_value": 566.047049, "relative_strength": 20.665469, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.08821, "energy": 49.790999, "activity_lines": [ 996.529777, 980.443688, 935.949397, 900.035363 ] }, { "date": "2024-10-25", "close": 889.438721, "volume": 1629422, "typical_volume": 6016448.5, "trend": 855.141805, "fair_value": 568.767027, "relative_strength": 11.652271, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.184511, "energy": 28.427379, "activity_lines": [ 962.484558, 969.077213, 934.356646, 902.684145 ] }, { "date": "2024-11-01", "close": 995.767944, "volume": 953044, "typical_volume": 5522397.2, "trend": 863.280896, "fair_value": 572.238515, "relative_strength": 23.638786, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.015071, "energy": 27.023105, "activity_lines": [ 966.943107, 975.634936, 942.273887, 911.756799 ] }, { "date": "2024-11-08", "close": 1014.251343, "volume": 11678620, "typical_volume": 5970361.15, "trend": 872.471293, "fair_value": 575.88685, "relative_strength": 25.825476, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.477982, "energy": 27.359436, "activity_lines": [ 979.089819, 982.62358, 951.615777, 921.496827 ] }, { "date": "2024-11-15", "close": 999.544067, "volume": 2181556, "typical_volume": 5826037.25, "trend": 882.814956, "fair_value": 579.263006, "relative_strength": 26.338064, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.698003, "energy": 27.911448, "activity_lines": [ 987.102588, 985.613799, 958.817485, 929.695071 ] }, { "date": "2024-11-22", "close": 992.935791, "volume": 1959658, "typical_volume": 5492571.2, "trend": 891.972349, "fair_value": 582.845863, "relative_strength": 22.647555, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.565368, "energy": 32.51034, "activity_lines": [ 992.438924, 987.167634, 964.807278, 936.799641 ] }, { "date": "2024-11-29", "close": 1047.69043, "volume": 5882340, "typical_volume": 5639925.1, "trend": 902.105943, "fair_value": 586.869286, "relative_strength": 27.152948, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.540409, "energy": 40.311716, "activity_lines": [ 1015.539876, 998.569353, 975.52547, 946.845969 ] }, { "date": "2024-12-06", "close": 1208.078491, "volume": 12535405, "typical_volume": 6010741.55, "trend": 918.505642, "fair_value": 591.881512, "relative_strength": 41.819724, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.754168, "energy": 71.649477, "activity_lines": [ 1081.553402, 1037.089968, 1000.632946, 966.586133 ] }, { "date": "2024-12-13", "close": 1157.199463, "volume": 3204787, "typical_volume": 6046072.75, "trend": 931.013637, "fair_value": 596.43276, "relative_strength": 33.979904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.721748, "energy": 74.031525, "activity_lines": [ 1116.453215, 1062.916122, 1019.230207, 981.985735 ] }, { "date": "2024-12-20", "close": 1228.946777, "volume": 5395368, "typical_volume": 6102112.75, "trend": 946.251143, "fair_value": 601.373079, "relative_strength": 47.428934, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.344288, "energy": 82.926815, "activity_lines": [ 1165.738924, 1099.397772, 1043.294985, 1001.207227 ] }, { "date": "2024-12-27", "close": 1148.156616, "volume": 2072852, "typical_volume": 6088128.1, "trend": 960.175395, "fair_value": 605.742454, "relative_strength": 34.860117, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.133808, "energy": 76.109528, "activity_lines": [ 1172.801066, 1116.890159, 1057.968848, 1014.233387 ] }, { "date": "2025-01-03", "close": 1216.127808, "volume": 3232616, "typical_volume": 6204342.95, "trend": 975.38123, "fair_value": 610.657092, "relative_strength": 39.96369, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.066115, "energy": 71.607744, "activity_lines": [ 1192.172217, 1143.785949, 1077.592672, 1030.746446 ] }, { "date": "2025-01-10", "close": 969.980591, "volume": 6553650, "typical_volume": 6437338.55, "trend": 976.871381, "fair_value": 613.693303, "relative_strength": 13.530897, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.770477, "energy": 27.779744, "activity_lines": [ 1118.265137, 1119.987897, 1071.849379, 1030.398018 ] }, { "date": "2025-01-17", "close": 961.633301, "volume": 3904891, "typical_volume": 5185898.9, "trend": 980.293862, "fair_value": 616.757155, "relative_strength": 12.896069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.906616, "energy": 15.029406, "activity_lines": [ 1057.44882, 1095.141018, 1064.666601, 1029.414916 ] }, { "date": "2025-01-24", "close": 828.672119, "volume": 3566631, "typical_volume": 4568059.15, "trend": 978.676025, "fair_value": 618.944347, "relative_strength": -2.621129, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -24.78561, "energy": 29.674859, "activity_lines": [ 965.349854, 1047.07607, 1044.724556, 1019.632868 ] }, { "date": "2025-01-31", "close": 835.528809, "volume": 5967213, "typical_volume": 4670522.4, "trend": 976.833421, "fair_value": 621.02256, "relative_strength": -3.824225, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -35.308464, "energy": 42.732134, "activity_lines": [ 902.221428, 1003.364555, 1026.187688, 1010.397563 ] }, { "date": "2025-02-07", "close": 820.970703, "volume": 11231303, "typical_volume": 4969261.25, "trend": 975.476485, "fair_value": 623.162569, "relative_strength": -5.948021, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.031035, "energy": 59.593945, "activity_lines": [ 855.082153, 959.868058, 1006.985735, 1000.341904 ] }, { "date": "2025-02-14", "close": 742.913086, "volume": 7401456, "typical_volume": 4944512.95, "trend": 971.623128, "fair_value": 625.011319, "relative_strength": -12.65817, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.415083, "energy": 71.301615, "activity_lines": [ 808.267481, 906.301443, 980.894382, 985.337814 ] }, { "date": "2025-02-21", "close": 751.210815, "volume": 4413866, "typical_volume": 4930878.1, "trend": 967.649086, "fair_value": 626.968503, "relative_strength": -11.295675, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.915579, "energy": 68.938804, "activity_lines": [ 779.356551, 862.701059, 956.906434, 971.117665 ] }, { "date": "2025-02-28", "close": 682.146484, "volume": 2819234, "typical_volume": 4958544.6, "trend": 961.29872, "fair_value": 628.555688, "relative_strength": -16.972376, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.947374, "energy": 80.610874, "activity_lines": [ 741.452344, 813.925135, 927.648396, 952.698142 ] }, { "date": "2025-03-07", "close": 718.467346, "volume": 2680529, "typical_volume": 4963222.05, "trend": 957.640135, "fair_value": 630.645359, "relative_strength": -14.253949, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.108532, "energy": 79.399047, "activity_lines": [ 725.423466, 781.694829, 903.327071, 937.031602 ] }, { "date": "2025-03-14", "close": 667.389587, "volume": 9287194, "typical_volume": 5346110.65, "trend": 952.82054, "fair_value": 632.411353, "relative_strength": -19.793661, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.37376, "energy": 80.275769, "activity_lines": [ 700.172766, 747.990189, 875.413409, 918.30576 ] }, { "date": "2025-03-21", "close": 833.789795, "volume": 39957857, "typical_volume": 7296351.3, "trend": 952.792383, "fair_value": 635.320169, "relative_strength": -4.164969, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.214882, "energy": 51.080344, "activity_lines": [ 740.627543, 754.517191, 864.404763, 910.626357 ] }, { "date": "2025-03-28", "close": 777.842773, "volume": 6016333, "typical_volume": 7013236.95, "trend": 947.340114, "fair_value": 637.901561, "relative_strength": -11.343743, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.630437, "energy": 39.143342, "activity_lines": [ 756.374865, 753.348203, 848.839154, 899.339285 ] }, { "date": "2025-04-04", "close": 685.078003, "volume": 6381739, "typical_volume": 7223246.1, "trend": 937.288527, "fair_value": 639.809657, "relative_strength": -19.676719, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.178316, "energy": 40.934658, "activity_lines": [ 739.425134, 738.65454, 825.56456, 882.419149 ] }, { "date": "2025-04-11", "close": 655.911987, "volume": 3742083, "typical_volume": 7312367.35, "trend": 926.251491, "fair_value": 641.501453, "relative_strength": -22.678394, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.903918, "energy": 47.432791, "activity_lines": [ 712.557963, 721.268766, 801.009707, 864.265824 ] }, { "date": "2025-04-18", "close": 706.443237, "volume": 9708933, "typical_volume": 7503697.0, "trend": 918.621295, "fair_value": 643.557741, "relative_strength": -20.231699, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.04034, "energy": 46.825184, "activity_lines": [ 706.704899, 716.336254, 782.87223, 850.084646 ] }, { "date": "2025-04-25", "close": 718.666138, "volume": 4313441, "typical_volume": 7092598.8, "trend": 908.621053, "fair_value": 645.684266, "relative_strength": -19.395848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.407035, "energy": 54.959941, "activity_lines": [ 702.322559, 715.708404, 767.523825, 837.184314 ] }, { "date": "2025-05-02", "close": 698.493408, "volume": 2075508, "typical_volume": 7036134.85, "trend": 897.711548, "fair_value": 647.821926, "relative_strength": -22.470534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.834742, "energy": 53.713347, "activity_lines": [ 698.890885, 711.853639, 752.584743, 823.627691 ] }, { "date": "2025-05-09", "close": 690.493835, "volume": 3295089, "typical_volume": 6931120.9, "trend": 887.64671, "fair_value": 649.965423, "relative_strength": -22.127189, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.753847, "energy": 45.208031, "activity_lines": [ 698.082645, 707.502904, 739.068111, 810.258807 ] }, { "date": "2025-05-16", "close": 795.580811, "volume": 12146499, "typical_volume": 7434803.25, "trend": 881.311676, "fair_value": 652.693916, "relative_strength": -13.769033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.09902, "energy": 28.910471, "activity_lines": [ 731.942342, 722.107122, 738.123824, 804.319071 ] }, { "date": "2025-05-23", "close": 810.039673, "volume": 5623010, "typical_volume": 7554322.95, "trend": 878.665041, "fair_value": 655.499176, "relative_strength": -11.565782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.231325, "energy": 18.473424, "activity_lines": [ 761.310405, 737.938161, 740.235504, 799.720877 ] }, { "date": "2025-05-30", "close": 827.181519, "volume": 21809182, "typical_volume": 8317099.55, "trend": 873.045494, "fair_value": 658.376868, "relative_strength": -9.367905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.483022, "energy": 15.369049, "activity_lines": [ 789.485987, 754.292262, 745.913494, 796.39936 ] }, { "date": "2025-06-06", "close": 883.67511, "volume": 6240321, "typical_volume": 8433871.05, "trend": 868.692952, "fair_value": 661.664762, "relative_strength": -4.29067, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 10.648192, "energy": 26.887979, "activity_lines": [ 829.258407, 781.038075, 757.651821, 797.085142 ] }, { "date": "2025-06-13", "close": 870.110657, "volume": 6729333, "typical_volume": 8592006.15, "trend": 864.378505, "fair_value": 664.907881, "relative_strength": -4.464858, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 7.096181, "energy": 27.461919, "activity_lines": [ 852.163896, 803.393399, 768.469526, 797.176606 ] }, { "date": "2025-06-20", "close": 891.774048, "volume": 3612094, "typical_volume": 8474250.2, "trend": 861.006447, "fair_value": 668.07721, "relative_strength": -3.569465, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.043301, "energy": 55.671359, "activity_lines": [ 870.316061, 826.323292, 781.153084, 798.944061 ] }, { "date": "2025-06-27", "close": 900.369751, "volume": 7883980, "typical_volume": 8306884.05, "trend": 856.095758, "fair_value": 671.400712, "relative_strength": -4.564664, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.755084, "energy": 59.274052, "activity_lines": [ 884.920577, 846.527639, 794.387446, 801.483629 ] }, { "date": "2025-07-04", "close": 893.363953, "volume": 1798938, "typical_volume": 8026758.15, "trend": 845.605273, "fair_value": 674.53322, "relative_strength": -4.573142, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.688871, "energy": 58.13003, "activity_lines": [ 891.167822, 861.932268, 806.576498, 803.888028 ] }, { "date": "2025-07-11", "close": 859.22937, "volume": 2013696, "typical_volume": 7906749.65, "trend": 835.672937, "fair_value": 677.05252, "relative_strength": -7.035041, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.678818, "energy": 44.849116, "activity_lines": [ 881.624711, 867.954285, 814.798205, 804.767002 ] }, { "date": "2025-07-18", "close": 869.564087, "volume": 1988402, "typical_volume": 7865208.05, "trend": 823.693514, "fair_value": 679.726729, "relative_strength": -5.224689, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.735117, "energy": 32.624229, "activity_lines": [ 877.156222, 872.932869, 823.489797, 806.953528 ] }, { "date": "2025-07-25", "close": 861.299988, "volume": 2033214, "typical_volume": 7832842.3, "trend": 814.131626, "fair_value": 682.345438, "relative_strength": -5.610451, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.321099, "energy": 22.204716, "activity_lines": [ 869.96947, 873.153067, 830.501867, 809.379752 ] }, { "date": "2025-08-01", "close": 823.900024, "volume": 3284984, "typical_volume": 7532731.8, "trend": 801.057367, "fair_value": 684.951262, "relative_strength": -8.626179, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 38.476936, "energy": 21.457292, "activity_lines": [ 852.347668, 865.378378, 833.27188, 810.009972 ] }, { "date": "2025-08-08", "close": 806.049988, "volume": 1781989, "typical_volume": 5623938.4, "trend": 795.593013, "fair_value": 687.636705, "relative_strength": -9.821734, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.14748, "energy": 20.687816, "activity_lines": [ 833.873836, 854.106221, 833.596602, 810.332076 ] }, { "date": "2025-08-15", "close": 778.549988, "volume": 1351356, "typical_volume": 5390689.55, "trend": 789.490236, "fair_value": 690.066672, "relative_strength": -13.779244, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.213207, "energy": 18.475388, "activity_lines": [ 812.054268, 838.218274, 831.43437, 809.232526 ] }, { "date": "2025-08-22", "close": 824.75, "volume": 12288868, "typical_volume": 5686046.0, "trend": 789.359499, "fair_value": 692.763133, "relative_strength": -9.517938, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.619194, "energy": 18.224314, "activity_lines": [ 811.01333, 832.641695, 833.668772, 811.50735 ] }, { "date": "2025-08-29", "close": 808.099976, "volume": 1016149, "typical_volume": 5549749.3, "trend": 788.445205, "fair_value": 695.401769, "relative_strength": -9.535439, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.517924, "energy": 18.300255, "activity_lines": [ 807.40999, 824.862578, 833.652353, 812.716413 ] }, { "date": "2025-09-05", "close": 853.049988, "volume": 3919317, "typical_volume": 5260268.5, "trend": 789.514514, "fair_value": 698.313085, "relative_strength": -5.456428, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.05457, "energy": 14.945094, "activity_lines": [ 822.336654, 826.777537, 837.192182, 816.884463 ] }, { "date": "2025-09-12", "close": 876.799988, "volume": 2666575, "typical_volume": 5177925.2, "trend": 793.977411, "fair_value": 701.224566, "relative_strength": -4.064482, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.036038, "energy": 28.187725, "activity_lines": [ 843.236654, 833.871037, 842.295789, 822.515784 ] }, { "date": "2025-09-19", "close": 866.099976, "volume": 2009514, "typical_volume": 5174625.5, "trend": 797.80705, "fair_value": 704.023916, "relative_strength": -5.929493, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 44.3071, "energy": 40.347471, "activity_lines": [ 855.853317, 839.320244, 845.627329, 827.168853 ] }, { "date": "2025-09-26", "close": 846.049988, "volume": 18654180, "typical_volume": 5942580.05, "trend": 803.2705, "fair_value": 706.609235, "relative_strength": -5.371144, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 40.807112, "energy": 31.918507, "activity_lines": [ 855.949984, 840.999078, 846.25122, 830.2813 ] }, { "date": "2025-10-03", "close": 854.549988, "volume": 2328667, "typical_volume": 5451688.45, "trend": 807.806588, "fair_value": 709.382189, "relative_strength": -5.003657, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 39.912371, "energy": 32.007985, "activity_lines": [ 857.459986, 844.650896, 846.943891, 833.589654 ] }, { "date": "2025-10-10", "close": 853.799988, "volume": 1457704, "typical_volume": 5243423.15, "trend": 814.020268, "fair_value": 712.221642, "relative_strength": -6.256364, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.914314, "energy": 26.719694, "activity_lines": [ 855.62332, 848.289077, 847.284327, 836.556971 ] }, { "date": "2025-10-17", "close": 845.5, "volume": 4454961, "typical_volume": 4375712.1, "trend": 814.410608, "fair_value": 715.00442, "relative_strength": -8.369219, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.713606, "energy": 19.795932, "activity_lines": [ 850.969991, 849.874534, 846.625906, 838.587921 ] }, { "date": "2025-10-24", "close": 845.400024, "volume": 977072, "typical_volume": 4112549.65, "trend": 816.662516, "fair_value": 717.688747, "relative_strength": -8.486433, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.475075, "energy": 14.627158, "activity_lines": [ 848.370003, 850.724541, 845.870733, 840.587238 ] }, { "date": "2025-10-31", "close": 817.75, "volume": 1289410, "typical_volume": 3840553.5, "trend": 821.084916, "fair_value": 720.219809, "relative_strength": -10.788397, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.502708, "energy": 9.006285, "activity_lines": [ 837.933337, 845.331815, 842.664487, 840.657398 ] }, { "date": "2025-11-07", "close": 759.349976, "volume": 2329153, "typical_volume": 3776406.45, "trend": 824.532849, "fair_value": 722.500195, "relative_strength": -15.858149, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.41316, "energy": 38.376742, "activity_lines": [ 809.916663, 829.448176, 834.14567, 836.674499 ] }, { "date": "2025-11-14", "close": 791.549988, "volume": 11378763, "typical_volume": 3951145.6, "trend": 827.369741, "fair_value": 724.902432, "relative_strength": -13.141643, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.992405, "energy": 44.825057, "activity_lines": [ 798.979993, 820.305448, 829.324111, 834.546573 ] }, { "date": "2025-11-21", "close": 699.200012, "volume": 16750696, "typical_volume": 4698733.5, "trend": 826.72087, "fair_value": 726.749598, "relative_strength": -23.122362, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -83.680325, "energy": 79.089444, "activity_lines": [ 761.409998, 795.489997, 816.225506, 826.277558 ] }, { "date": "2025-11-28", "close": 685.75, "volume": 5177585, "typical_volume": 4856927.95, "trend": 826.29609, "fair_value": 728.499819, "relative_strength": -24.2692, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.211433, "energy": 85.853966, "activity_lines": [ 729.109998, 771.45818, 802.770538, 817.182663 ] }, { "date": "2025-12-05", "close": 703.900024, "volume": 4497489, "typical_volume": 4982382.3, "trend": 826.742963, "fair_value": 730.04014, "relative_strength": -21.24846, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.384072, "energy": 84.202871, "activity_lines": [ 713.503341, 754.005458, 791.870236, 809.286143 ] }, { "date": "2025-12-12", "close": 690.950012, "volume": 2475440, "typical_volume": 5004493.6, "trend": 823.255269, "fair_value": 731.456748, "relative_strength": -21.388895, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.222245, "energy": 85.861682, "activity_lines": [ 701.170011, 736.782733, 780.525475, 800.525307 ] }, { "date": "2025-12-19", "close": 711.0, "volume": 6332150, "typical_volume": 5156851.9, "trend": 819.953947, "fair_value": 733.139761, "relative_strength": -17.697371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.084805, "energy": 78.263982, "activity_lines": [ 700.080009, 726.180005, 771.901428, 793.283032 ] }, { "date": "2025-12-26", "close": 732.049988, "volume": 7809058, "typical_volume": 5458205.35, "trend": 816.782896, "fair_value": 734.712238, "relative_strength": -14.514234, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.644585, "energy": 53.469472, "activity_lines": [ 711.376668, 722.000911, 765.819761, 787.611808 ] }, { "date": "2026-01-02", "close": 746.849976, "volume": 1812796, "typical_volume": 5481277.35, "trend": 812.222058, "fair_value": 736.431963, "relative_strength": -12.594481, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.814981, "energy": 40.252095, "activity_lines": [ 725.416659, 722.575452, 761.499997, 783.100007 ] }, { "date": "2026-01-09", "close": 689.950012, "volume": 2729314, "typical_volume": 5003299.65, "trend": 806.216703, "fair_value": 737.79073, "relative_strength": -16.505991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.31298, "energy": 39.798599, "activity_lines": [ 716.416663, 714.596363, 751.912141, 775.211488 ] }, { "date": "2026-01-16", "close": 681.349976, "volume": 2028430, "typical_volume": 5053913.7, "trend": 799.202568, "fair_value": 739.101942, "relative_strength": -16.840258, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.98528, "energy": 44.81487, "activity_lines": [ 705.479989, 707.377268, 742.14714, 767.15557 ] }, { "date": "2026-01-23", "close": 634.950012, "volume": 2321739, "typical_volume": 4974034.8, "trend": 790.355243, "fair_value": 740.240663, "relative_strength": -19.997372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.890971, "energy": 56.00316, "activity_lines": [ 679.716663, 693.139998, 728.566665, 756.558631 ] }, { "date": "2026-01-30", "close": 667.150024, "volume": 2528477, "typical_volume": 4967129.9, "trend": 782.814779, "fair_value": 741.561499, "relative_strength": -16.376595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.562771, "energy": 60.278805, "activity_lines": [ 669.756673, 687.604548, 719.091429, 748.609907 ] }, { "date": "2026-02-06", "close": 615.5, "volume": 5306317, "typical_volume": 5131970.05, "trend": 774.690466, "fair_value": 742.498238, "relative_strength": -23.462009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.161107, "energy": 78.078373, "activity_lines": [ 646.906673, 673.260911, 705.695477, 737.815405 ] }, { "date": "2026-02-13", "close": 601.950012, "volume": 2611556, "typical_volume": 4329838.85, "trend": 765.769997, "fair_value": 743.357584, "relative_strength": -24.083834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.54472, "energy": 85.052742, "activity_lines": [ 628.296675, 657.730913, 692.202383, 726.67086 ] }, { "date": "2026-02-20", "close": 584.299988, "volume": 2651482, "typical_volume": 4345979.6, "trend": 756.536664, "fair_value": 744.115463, "relative_strength": -26.13738, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.145151, "energy": 89.924255, "activity_lines": [ 609.670003, 640.845456, 678.190715, 714.963117 ] }, { "date": "2026-02-27", "close": 585.299988, "volume": 1985774, "typical_volume": 4372383.1, "trend": 748.583329, "fair_value": 744.94538, "relative_strength": -24.501256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.335312, "energy": 88.545806, "activity_lines": [ 597.846663, 626.080908, 665.56119, 703.91559 ] }, { "date": "2026-03-06", "close": 546.549988, "volume": 2673991, "typical_volume": 4283334.6, "trend": 739.933329, "fair_value": 745.535734, "relative_strength": -26.966448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.404384, "energy": 91.164331, "activity_lines": [ 576.416659, 606.556361, 650.519761, 690.881181 ] }, { "date": "2026-03-13", "close": 549.049988, "volume": 8032153, "typical_volume": 4636088.65, "trend": 732.283329, "fair_value": 746.145585, "relative_strength": -22.217406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.04231, "energy": 84.7725, "activity_lines": [ 563.85999, 590.859087, 637.139998, 678.566127 ] }, { "date": "2026-03-20", "close": 546.099976, "volume": 3883083, "typical_volume": 4765772.3, "trend": 722.994995, "fair_value": 746.667426, "relative_strength": -21.917817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.551941, "energy": 67.454564, "activity_lines": [ 554.749984, 578.22181, 624.890472, 666.554297 ] }, { "date": "2026-03-27", "close": 533.700012, "volume": 2625759, "typical_volume": 4780602.6, "trend": 713.84833, "fair_value": 747.208853, "relative_strength": -22.22591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.833512, "energy": 67.729856, "activity_lines": [ 545.229993, 565.945449, 612.753568, 654.341718 ] }, { "date": "2026-04-03", "close": 529.5, "volume": 1991565, "typical_volume": 4311242.7, "trend": 703.06333, "fair_value": 747.650157, "relative_strength": -22.147676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.504435, "energy": 64.799177, "activity_lines": [ 537.683329, 555.589995, 601.291187, 642.448277 ] }, { "date": "2026-04-10", "close": 573.650024, "volume": 14470520, "typical_volume": 4197233.9, "trend": 692.958331, "fair_value": 748.263727, "relative_strength": -20.096385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.771006, "energy": 54.353123, "activity_lines": [ 548.57334, 555.17909, 595.281428, 634.099032 ] }, { "date": "2026-04-17", "close": 580.049988, "volume": 4807230, "typical_volume": 4178716.15, "trend": 683.423332, "fair_value": 749.048316, "relative_strength": -19.910728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.225885, "energy": 41.964537, "activity_lines": [ 559.790002, 557.631816, 590.479046, 626.814622 ] }, { "date": "2026-04-24", "close": 575.150024, "volume": 7689929, "typical_volume": 4338338.15, "trend": 674.393333, "fair_value": 749.839042, "relative_strength": -18.767156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.291261, "energy": 33.778914, "activity_lines": [ 567.306677, 559.838185, 585.713334, 619.829248 ] }, { "date": "2026-05-01", "close": 560.700012, "volume": 3022949, "typical_volume": 4365713.6, "trend": 664.598334, "fair_value": 750.167668, "relative_strength": -20.863219, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.917622, "energy": 26.863743, "activity_lines": [ 568.070011, 559.904551, 580.184526, 612.494195 ] }, { "date": "2026-05-08", "close": 598.049988, "volume": 10423728, "typical_volume": 4570292.5, "trend": 656.073334, "fair_value": 750.62781, "relative_strength": -15.995064, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.443443, "energy": 20.317192, "activity_lines": [ 579.483337, 567.190912, 578.833096, 608.200753 ] }, { "date": "2026-05-15", "close": 548.549988, "volume": 4317958, "typical_volume": 4395737.5, "trend": 646.175, "fair_value": 750.738462, "relative_strength": -20.767365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.43553, "energy": 26.568928, "activity_lines": [ 569.826664, 565.245456, 573.305238, 601.263763 ] }, { "date": "2026-05-22", "close": 485.049988, "volume": 13193633, "typical_volume": 4964779.35, "trend": 634.163332, "fair_value": 750.513685, "relative_strength": -29.601774, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.753124, "energy": 46.769564, "activity_lines": [ 540.67666, 551.718181, 562.60357, 590.868601 ] }, { "date": "2026-05-29", "close": 499.649994, "volume": 5943994, "typical_volume": 5125513.35, "trend": 623.559999, "fair_value": 750.39291, "relative_strength": -26.359617, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.004481, "energy": 51.382974, "activity_lines": [ 522.726658, 542.009089, 554.539046, 582.190321 ] }, { "date": "2026-06-05", "close": 497.100006, "volume": 790640, "typical_volume": 5063623.85, "trend": 614.818333, "fair_value": 750.19237, "relative_strength": -25.467935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.853134, "energy": 70.940466, "activity_lines": [ 508.959996, 532.680908, 547.137856, 574.031612 ] }, { "date": "2026-06-12", "close": 504.450012, "volume": 780879, "typical_volume": 4986580.85, "trend": 605.248334, "fair_value": 749.952177, "relative_strength": -24.481707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.770858, "energy": 73.444016, "activity_lines": [ 501.883335, 525.354546, 541.314048, 566.911075 ] }, { "date": "2026-06-19", "close": 541.450012, "volume": 1975784, "typical_volume": 4958946.2, "trend": 599.99, "fair_value": 749.94317, "relative_strength": -19.550537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.901256, "energy": 50.894891, "activity_lines": [ 513.380007, 525.210911, 539.635477, 562.795054 ] }, { "date": "2026-06-26", "close": 528.150024, "volume": 0, "typical_volume": 4693630.35, "trend": 594.736668, "fair_value": 749.8508, "relative_strength": -20.952647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.41383, "energy": 37.610758, "activity_lines": [ 520.916681, 523.234552, 537.288813, 558.160217 ] }, { "date": "2026-07-03", "close": 505.116577, "volume": 875862, "typical_volume": 4606845.65, "trend": 588.110553, "fair_value": 749.324604, "relative_strength": -24.321205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.365177, "energy": 36.164281, "activity_lines": [ 517.902203, 518.013929, 533.164439, 552.378276 ] }, { "date": "2026-07-10", "close": 499.037415, "volume": 4369591, "typical_volume": 4692751.1, "trend": 581.713466, "fair_value": 748.717161, "relative_strength": -24.317417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.563951, "energy": 37.61397, "activity_lines": [ 512.496899, 512.961339, 528.922209, 546.631622 ] }, { "date": "2026-07-17", "close": 489.696198, "volume": 7437594, "typical_volume": 4965342.1, "trend": 574.336673, "fair_value": 747.937198, "relative_strength": -25.347999, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.775745, "energy": 45.972662, "activity_lines": [ 503.848696, 507.331484, 524.196352, 540.695024 ] }, { "date": "2026-07-24", "close": 464.489777, "volume": 2918942, "typical_volume": 4977589.65, "trend": 565.417999, "fair_value": 746.890255, "relative_strength": -26.710483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.027981, "energy": 72.166343, "activity_lines": [ 487.78194, 499.088712, 517.525139, 533.608127 ] }, { "date": "2026-07-31", "close": 464.193247, "volume": 4483245, "typical_volume": 4800144.25, "trend": 555.996108, "fair_value": 745.692417, "relative_strength": -27.853495, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.369037, "energy": 76.824141, "activity_lines": [ 476.747023, 492.320393, 511.216448, 527.077498 ] }, { "date": "2026-08-07", "close": 478.850006, "volume": 4138613, "typical_volume": 4812920.75, "trend": 548.959441, "fair_value": 744.809805, "relative_strength": -25.402904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.716144, "energy": 73.947656, "activity_lines": [ 474.861477, 488.596153, 506.707719, 522.10033 ] } ], "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." } } }