{ "ticker": { "uuid": "9ce8688d-1e73-4093-ba43-5a8a95fa93fa", "symbol": "MANORAMA", "name": "Manorama Industries Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 67.403, "architecture_energy": 48.529, "architecture_maturity": 42.436, "architecture_confidence": 92.464, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 10.36, "rotation_up": 58.7, "upward_expansion": 82.23, "deceleration": 54.7, "rotation_down": 22.0, "downward_expansion": 6.57 }, "activity_lines": [ 1609.459985, 1593.325448, 1536.601898, 1486.852251 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 1636.199951, "trend_reference": 1426.27666, "distance_from_trend": 0.147183, "trend_direction": "Improving", "fair_value": 1001.855518, "distance_from_fair_value": 0.63317, "fair_value_direction": "Weakening", "relative_strength": 16.996795, "relative_strength_direction": "Weakening", "price_momentum": 0.162074, "excess_performance": 0.205783, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.147183, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.060742, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.63317, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.116496, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.169968, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.005925, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.162074, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.086386, "read": "Demand-led" } ], "volume": { "latest": 764531, "relative_activity": 1.309949, "balance": 1.086386, "dry_up": 1.072016, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.062231, "annualized_volatility": 0.381872, "from_high_reference": -0.04142, "from_low_reference": 0.542712 }, "levels": { "trend_reference": 1426.27666, "fair_value_reference": 1001.855518, "structural_low": 1120.300049, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": 0.041838, "positive_rate": 0.705882, "directional_follow_through": 0.705882, "median_excess_return": 0.025611, "regime_survival": 0.823529, "best_return": 0.22371, "worst_return": -0.11415, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.072364, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.054879, "regime_survival": 0.6, "best_return": 0.399801, "worst_return": -0.054864, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.317535, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.315793, "regime_survival": 0.333333, "best_return": 0.548281, "worst_return": 0.010991, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.627662, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.582541, "regime_survival": 0.0, "best_return": 1.039915, "worst_return": 0.21541, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-04-19", "end": "2024-04-26", "tenure": "New", "return": 0.120579, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-03", "end": "2025-01-03", "tenure": "Extended", "return": 0.681467, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-04-04", "tenure": "Established", "return": -0.008998, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-05-02", "tenure": "New", "return": 0.312586, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2025-08-15", "tenure": "Established", "return": 0.060891, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-10-17", "tenure": "Developing", "return": 0.082815, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-24", "end": "2025-10-31", "tenure": "New", "return": -0.035164, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2025-11-14", "tenure": "New", "return": 0.013805, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-21", "end": "2025-11-28", "tenure": "New", "return": -0.011377, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-05", "end": "2026-02-13", "tenure": "Developing", "return": 0.045131, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-04-03", "tenure": "Developing", "return": -0.138508, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-04-17", "tenure": "New", "return": 0.105247, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-08", "tenure": "New", "return": 0.117001, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": 0.253217, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 369.794281, "volume": 340600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 368.58667, "volume": 228370, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 388.666718, "volume": 205175, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 365.732361, "volume": 216440, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 364.943054, "volume": 343560, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 359.75769, "volume": 122375, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 416.287079, "volume": 402655, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 449.847015, "volume": 309250, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 446.060394, "volume": 276575, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 443.802429, "volume": 181025, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 422.60144, "volume": 140155, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 440.954956, "volume": 387195, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 414.888306, "volume": 145880, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 418.654938, "volume": 130665, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 415.437836, "volume": 225630, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 407.345062, "volume": 156820, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 393.557434, "volume": 246050, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 380.149414, "volume": 188565, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 369.648865, "volume": 122275, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 379.170319, "volume": 448465, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 427.397125, "volume": 977115, "typical_volume": 272712.0, "trend": 379.598825, "fair_value": 284.462689, "relative_strength": 20.013604, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 23.175571, "energy": 17.476897, "activity_lines": [ 394.431317, 398.022883, 406.192143, 397.522327 ] }, { "date": "2024-01-12", "close": 433.062042, "volume": 338590, "typical_volume": 278223.0, "trend": 384.042771, "fair_value": 286.297249, "relative_strength": 19.449111, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 43.83688, "energy": 20.940162, "activity_lines": [ 408.790454, 403.175904, 408.990961, 400.971567 ] }, { "date": "2024-01-19", "close": 393.857147, "volume": 303345, "typical_volume": 283131.5, "trend": 387.191199, "fair_value": 287.608955, "relative_strength": 9.099816, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 22.462639, "energy": 16.69526, "activity_lines": [ 407.447652, 401.34427, 407.748953, 401.604752 ] }, { "date": "2024-01-26", "close": 390.440216, "volume": 92055, "typical_volume": 276912.25, "trend": 390.00184, "fair_value": 288.847886, "relative_strength": 8.519656, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 20.498845, "energy": 18.398116, "activity_lines": [ 404.052024, 399.273761, 406.156808, 401.814366 ] }, { "date": "2024-02-02", "close": 390.530151, "volume": 631780, "typical_volume": 291323.25, "trend": 392.140157, "fair_value": 290.058389, "relative_strength": 5.225662, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 16.674245, "energy": 9.627619, "activity_lines": [ 399.300285, 397.732598, 404.455571, 401.848451 ] }, { "date": "2024-02-09", "close": 375.783356, "volume": 257550, "typical_volume": 298082.0, "trend": 392.897018, "fair_value": 291.066918, "relative_strength": 0.972569, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -22.981129, "energy": 28.100392, "activity_lines": [ 388.875625, 393.963067, 401.228034, 400.793173 ] }, { "date": "2024-02-16", "close": 403.168793, "volume": 436910, "typical_volume": 299794.75, "trend": 395.093346, "fair_value": 292.370428, "relative_strength": 6.279732, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -17.765329, "energy": 21.65286, "activity_lines": [ 391.020361, 395.746555, 400.532321, 401.455868 ] }, { "date": "2024-02-23", "close": 404.477631, "volume": 424660, "typical_volume": 305565.25, "trend": 397.560516, "fair_value": 293.659017, "relative_strength": 4.972674, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -14.163917, "energy": 10.569625, "activity_lines": [ 395.594261, 397.593262, 400.023728, 402.061306 ] }, { "date": "2024-03-01", "close": 412.160767, "volume": 371420, "typical_volume": 310307.5, "trend": 399.96742, "fair_value": 295.005628, "relative_strength": 5.601779, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 24.954238, "energy": 10.084343, "activity_lines": [ 402.021173, 400.394572, 400.462906, 403.003258 ] }, { "date": "2024-03-08", "close": 396.744568, "volume": 587268, "typical_volume": 330619.65, "trend": 401.450269, "fair_value": 296.148762, "relative_strength": 0.443893, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": 8.72399, "energy": 8.393692, "activity_lines": [ 401.861316, 399.619992, 399.595302, 402.795332 ] }, { "date": "2024-03-15", "close": 326.607391, "volume": 1151848, "typical_volume": 381204.3, "trend": 400.010706, "fair_value": 296.487191, "relative_strength": -15.81398, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -69.860343, "energy": 45.280188, "activity_lines": [ 377.908106, 385.773667, 392.272052, 397.966759 ] }, { "date": "2024-03-22", "close": 347.238892, "volume": 378567, "typical_volume": 380772.9, "trend": 399.299113, "fair_value": 297.044902, "relative_strength": -11.102175, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.120913, "energy": 58.873111, "activity_lines": [ 364.11046, 377.511065, 387.370821, 394.562126 ] }, { "date": "2024-03-29", "close": 397.993469, "volume": 797012, "typical_volume": 413329.5, "trend": 399.610005, "fair_value": 298.142169, "relative_strength": 0.185776, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.239482, "energy": 49.314979, "activity_lines": [ 370.959666, 380.036988, 387.749626, 394.477891 ] }, { "date": "2024-04-05", "close": 444.801514, "volume": 1433562, "typical_volume": 478474.35, "trend": 402.245643, "fair_value": 299.719151, "relative_strength": 10.058081, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.127701, "energy": 11.665287, "activity_lines": [ 393.843831, 390.998259, 392.666792, 397.393472 ] }, { "date": "2024-04-12", "close": 466.182343, "volume": 749983, "typical_volume": 504692.0, "trend": 405.620286, "fair_value": 301.490036, "relative_strength": 14.217498, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.135131, "energy": 26.243441, "activity_lines": [ 421.67889, 404.858566, 399.49572, 401.51842 ] }, { "date": "2024-04-19", "close": 569.23999, "volume": 1428090, "typical_volume": 568255.5, "trend": 412.603029, "fair_value": 304.308457, "relative_strength": 39.804108, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 59.344615, "energy": 68.436858, "activity_lines": [ 479.237313, 436.081133, 415.898022, 412.07453 ] }, { "date": "2024-04-26", "close": 637.878601, "volume": 693825, "typical_volume": 590644.25, "trend": 419.989413, "fair_value": 307.783146, "relative_strength": 52.16381, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 91.732331, "energy": 93.374178, "activity_lines": [ 543.499766, 476.266054, 438.066406, 426.608438 ] }, { "date": "2024-05-03", "close": 633.432556, "volume": 371607, "typical_volume": 599796.35, "trend": 426.108931, "fair_value": 311.140356, "relative_strength": 48.278083, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.996815, "energy": 94.411347, "activity_lines": [ 586.904224, 511.375152, 458.647922, 440.378963 ] }, { "date": "2024-05-10", "close": 580.879639, "volume": 203948, "typical_volume": 603880.0, "trend": 430.602906, "fair_value": 313.892798, "relative_strength": 37.013212, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.740972, "energy": 87.482342, "activity_lines": [ 597.095103, 532.766357, 473.018289, 450.36417 ] }, { "date": "2024-05-17", "close": 569.090149, "volume": 251195, "typical_volume": 594016.5, "trend": 434.779164, "fair_value": 316.470549, "relative_strength": 30.422518, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.787728, "energy": 82.562214, "activity_lines": [ 594.284277, 548.946403, 485.259987, 459.298831 ] }, { "date": "2024-05-24", "close": 566.942078, "volume": 118976, "typical_volume": 551109.55, "trend": 439.590518, "fair_value": 318.975264, "relative_strength": 26.057894, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.422296, "energy": 56.392913, "activity_lines": [ 583.896908, 561.602335, 496.392726, 467.825471 ] }, { "date": "2024-05-31", "close": 607.755493, "volume": 284017, "typical_volume": 548380.9, "trend": 445.150536, "fair_value": 321.834474, "relative_strength": 36.292718, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.744914, "energy": 51.401612, "activity_lines": [ 587.267204, 577.309166, 510.747957, 478.674824 ] }, { "date": "2024-06-07", "close": 623.591431, "volume": 166187, "typical_volume": 541523.0, "trend": 452.107307, "fair_value": 324.792876, "relative_strength": 33.906524, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.859576, "energy": 50.867803, "activity_lines": [ 597.924353, 591.158593, 525.779499, 490.18714 ] }, { "date": "2024-06-14", "close": 691.580444, "volume": 217865, "typical_volume": 547813.5, "trend": 461.204824, "fair_value": 328.35392, "relative_strength": 45.499554, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.624702, "energy": 61.547599, "activity_lines": [ 631.900582, 613.267877, 546.192213, 505.63702 ] }, { "date": "2024-06-21", "close": 690.03186, "volume": 141978, "typical_volume": 523323.4, "trend": 470.357958, "fair_value": 331.831593, "relative_strength": 43.144106, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.599764, "energy": 70.132243, "activity_lines": [ 657.980562, 630.608711, 565.023441, 520.400054 ] }, { "date": "2024-06-28", "close": 633.182739, "volume": 118750, "typical_volume": 516383.4, "trend": 477.885881, "fair_value": 334.701604, "relative_strength": 27.320182, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.661726, "energy": 66.721366, "activity_lines": [ 657.048055, 633.54335, 577.014269, 530.904879 ] }, { "date": "2024-07-05", "close": 668.750854, "volume": 158612, "typical_volume": 502468.5, "trend": 487.058995, "fair_value": 337.853012, "relative_strength": 31.44549, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.703594, "energy": 68.33404, "activity_lines": [ 663.555542, 641.782324, 591.166825, 543.218748 ] }, { "date": "2024-07-12", "close": 646.870544, "volume": 129085, "typical_volume": 487689.75, "trend": 495.949699, "fair_value": 340.741026, "relative_strength": 25.257565, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.28119, "energy": 50.772541, "activity_lines": [ 658.703234, 645.481746, 601.970865, 553.529171 ] }, { "date": "2024-07-19", "close": 639.926697, "volume": 126201, "typical_volume": 475428.8, "trend": 504.95896, "fair_value": 343.511264, "relative_strength": 22.759166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.783087, "energy": 44.741393, "activity_lines": [ 649.984371, 647.674323, 610.959335, 562.818009 ] }, { "date": "2024-07-26", "close": 704.968445, "volume": 260535, "typical_volume": 459092.15, "trend": 515.818898, "fair_value": 346.827385, "relative_strength": 32.197569, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.163962, "energy": 52.923693, "activity_lines": [ 666.389673, 660.619089, 625.057657, 575.721847 ] }, { "date": "2024-08-02", "close": 700.622314, "volume": 693316, "typical_volume": 436165.55, "trend": 524.926404, "fair_value": 350.043702, "relative_strength": 30.725999, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.591767, "energy": 50.692483, "activity_lines": [ 680.350492, 670.303136, 637.274329, 587.644648 ] }, { "date": "2024-08-09", "close": 716.108459, "volume": 272583, "typical_volume": 430866.35, "trend": 534.361284, "fair_value": 353.341583, "relative_strength": 34.195985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.124902, "energy": 56.757097, "activity_lines": [ 694.977388, 680.372295, 649.184849, 599.978974 ] }, { "date": "2024-08-16", "close": 813.770935, "volume": 380652, "typical_volume": 410048.35, "trend": 548.358411, "fair_value": 357.452559, "relative_strength": 49.578367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.675568, "energy": 83.042288, "activity_lines": [ 739.001269, 706.228215, 668.640035, 618.005403 ] }, { "date": "2024-08-23", "close": 862.677124, "volume": 456011, "typical_volume": 361170.8, "trend": 564.099641, "fair_value": 361.923573, "relative_strength": 54.670419, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.757698, "energy": 90.159076, "activity_lines": [ 788.200521, 737.518359, 690.773061, 638.28403 ] }, { "date": "2024-08-30", "close": 828.496521, "volume": 177646, "typical_volume": 332553.95, "trend": 578.69852, "fair_value": 366.016318, "relative_strength": 44.52535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.606421, "energy": 87.965429, "activity_lines": [ 811.156209, 759.483, 707.660907, 655.341893 ] }, { "date": "2024-09-06", "close": 831.145447, "volume": 200000, "typical_volume": 271149.45, "trend": 593.877256, "fair_value": 370.060919, "relative_strength": 45.381202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.215852, "energy": 85.793545, "activity_lines": [ 826.759668, 779.411724, 723.075726, 671.628792 ] }, { "date": "2024-09-13", "close": 829.246216, "volume": 203042, "typical_volume": 246610.3, "trend": 608.079837, "fair_value": 374.019413, "relative_strength": 40.446205, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.757201, "energy": 73.403973, "activity_lines": [ 833.028508, 795.395812, 737.062498, 686.813886 ] }, { "date": "2024-09-20", "close": 783.865601, "volume": 272115, "typical_volume": 241635.7, "trend": 620.726103, "fair_value": 377.522372, "relative_strength": 29.231715, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.647971, "energy": 54.272135, "activity_lines": [ 816.627958, 800.210781, 745.816031, 698.154903 ] }, { "date": "2024-09-27", "close": 842.490601, "volume": 364518, "typical_volume": 249664.2, "trend": 635.070431, "fair_value": 381.462781, "relative_strength": 35.620192, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.299655, "energy": 52.945775, "activity_lines": [ 821.762765, 813.194022, 759.43655, 712.46229 ] }, { "date": "2024-10-04", "close": 826.84729, "volume": 210756, "typical_volume": 247642.25, "trend": 649.407188, "fair_value": 385.205508, "relative_strength": 38.159261, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.1263, "energy": 46.660442, "activity_lines": [ 823.028902, 819.650045, 770.321464, 724.83499 ] }, { "date": "2024-10-11", "close": 891.419739, "volume": 440053, "typical_volume": 263696.1, "trend": 668.234266, "fair_value": 389.42396, "relative_strength": 47.691227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.811844, "energy": 50.719316, "activity_lines": [ 845.929138, 835.630533, 786.12872, 740.448703 ] }, { "date": "2024-10-18", "close": 933.70166, "volume": 373276, "typical_volume": 268159.05, "trend": 687.783025, "fair_value": 393.922123, "relative_strength": 53.567563, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.657236, "energy": 57.246395, "activity_lines": [ 878.905062, 855.8296, 804.417693, 757.575632 ] }, { "date": "2024-10-25", "close": 901.065613, "volume": 1168625, "typical_volume": 318280.95, "trend": 704.552097, "fair_value": 398.079036, "relative_strength": 50.541866, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.250843, "energy": 53.306556, "activity_lines": [ 894.038607, 866.1386, 818.046347, 771.335799 ] }, { "date": "2024-11-01", "close": 980.731628, "volume": 206249, "typical_volume": 317700.15, "trend": 722.416434, "fair_value": 402.816049, "relative_strength": 60.841753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.872702, "energy": 71.718572, "activity_lines": [ 927.914156, 889.345154, 837.940935, 789.153833 ] }, { "date": "2024-11-08", "close": 1041.405762, "volume": 546893, "typical_volume": 337945.9, "trend": 741.590548, "fair_value": 407.965966, "relative_strength": 69.075715, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.430028, "energy": 78.346154, "activity_lines": [ 972.798348, 921.436923, 862.237102, 809.73379 ] }, { "date": "2024-11-15", "close": 1024.762817, "volume": 145869, "typical_volume": 339301.85, "trend": 756.774642, "fair_value": 412.900341, "relative_strength": 67.898622, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.876989, "energy": 76.217239, "activity_lines": [ 997.830994, 946.631625, 883.275017, 828.002969 ] }, { "date": "2024-11-22", "close": 1099.680908, "volume": 147693, "typical_volume": 338755.9, "trend": 772.168052, "fair_value": 418.350981, "relative_strength": 74.121577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.606565, "energy": 86.320062, "activity_lines": [ 1038.946798, 981.927482, 909.583321, 850.125954 ] }, { "date": "2024-11-29", "close": 1176.947876, "volume": 399997, "typical_volume": 352301.5, "trend": 790.285229, "fair_value": 424.324185, "relative_strength": 80.851989, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.055102, "energy": 89.635255, "activity_lines": [ 1094.752974, 1026.354885, 941.198336, 876.240781 ] }, { "date": "2024-12-06", "close": 1182.895386, "volume": 107034, "typical_volume": 351343.15, "trend": 810.352421, "fair_value": 430.250522, "relative_strength": 74.117942, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.191728, "energy": 88.830299, "activity_lines": [ 1134.149504, 1064.716703, 970.855603, 901.570468 ] }, { "date": "2024-12-13", "close": 1134.865845, "volume": 173232, "typical_volume": 346978.0, "trend": 829.211611, "fair_value": 435.712656, "relative_strength": 63.233375, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.898121, "energy": 76.410703, "activity_lines": [ 1144.058602, 1088.156698, 993.353063, 922.506818 ] }, { "date": "2024-12-20", "close": 1138.664307, "volume": 132648, "typical_volume": 318944.6, "trend": 848.269019, "fair_value": 441.119977, "relative_strength": 68.406587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.974184, "energy": 61.908433, "activity_lines": [ 1149.003182, 1106.686986, 1014.16515, 942.471508 ] }, { "date": "2024-12-27", "close": 1074.941406, "volume": 494694, "typical_volume": 330050.15, "trend": 863.841882, "fair_value": 445.958308, "relative_strength": 54.601738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.473377, "energy": 51.104667, "activity_lines": [ 1125.113363, 1109.135936, 1026.822476, 957.095533 ] }, { "date": "2025-01-03", "close": 1065.095703, "volume": 190616, "typical_volume": 320548.35, "trend": 878.558691, "fair_value": 450.648743, "relative_strength": 49.533482, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.673413, "energy": 36.23763, "activity_lines": [ 1099.590942, 1107.226763, 1036.833387, 970.079651 ] }, { "date": "2025-01-10", "close": 1005.321167, "volume": 278175, "typical_volume": 311656.55, "trend": 889.016715, "fair_value": 454.819212, "relative_strength": 42.459373, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.410825, "energy": 24.224621, "activity_lines": [ 1061.600488, 1091.467128, 1039.954701, 978.257875 ] }, { "date": "2025-01-17", "close": 1091.934204, "volume": 211952, "typical_volume": 313371.85, "trend": 902.41346, "fair_value": 459.573802, "relative_strength": 53.429473, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.060756, "energy": 21.436499, "activity_lines": [ 1064.319328, 1091.008234, 1050.645618, 991.349326 ] }, { "date": "2025-01-24", "close": 1046.90332, "volume": 498080, "typical_volume": 328275.85, "trend": 916.204146, "fair_value": 463.924391, "relative_strength": 45.344136, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.502904, "energy": 19.723093, "activity_lines": [ 1054.889982, 1081.443208, 1055.793415, 1000.671252 ] }, { "date": "2025-01-31", "close": 1051.701416, "volume": 220840, "typical_volume": 329165.75, "trend": 928.969165, "fair_value": 468.246281, "relative_strength": 41.088216, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.028842, "energy": 17.298228, "activity_lines": [ 1053.177401, 1072.348009, 1060.370754, 1009.413012 ] }, { "date": "2025-02-07", "close": 1037.657349, "volume": 151224, "typical_volume": 323121.2, "trend": 941.995392, "fair_value": 472.402566, "relative_strength": 36.678748, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.476229, "energy": 12.846211, "activity_lines": [ 1048.332796, 1061.571697, 1062.551253, 1016.425153 ] }, { "date": "2025-02-14", "close": 1042.05542, "volume": 356407, "typical_volume": 322715.65, "trend": 955.399683, "fair_value": 476.530485, "relative_strength": 38.784457, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.173024, "energy": 11.011909, "activity_lines": [ 1046.783439, 1054.12759, 1063.942083, 1022.880638 ] }, { "date": "2025-02-21", "close": 1069.443848, "volume": 287747, "typical_volume": 326565.2, "trend": 967.548863, "fair_value": 480.796049, "relative_strength": 40.890301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.30339, "energy": 11.512261, "activity_lines": [ 1051.914608, 1054.223924, 1066.991027, 1030.238326 ] }, { "date": "2025-02-28", "close": 952.54364, "volume": 515057, "typical_volume": 330315.4, "trend": 975.94624, "fair_value": 484.165675, "relative_strength": 27.485242, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.215553, "energy": 6.697269, "activity_lines": [ 1019.578398, 1034.255165, 1057.751395, 1029.270248 ] }, { "date": "2025-03-07", "close": 989.477905, "volume": 1048924, "typical_volume": 364097.8, "trend": 985.058555, "fair_value": 487.749449, "relative_strength": 28.003969, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.972469, "energy": 10.337006, "activity_lines": [ 1005.844255, 1024.385739, 1051.738247, 1030.143258 ] }, { "date": "2025-03-14", "close": 1028.261353, "volume": 332104, "typical_volume": 322271.75, "trend": 992.208236, "fair_value": 491.555871, "relative_strength": 31.647902, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.173504, "energy": 10.938858, "activity_lines": [ 1009.186161, 1023.121731, 1049.153159, 1032.930535 ] }, { "date": "2025-03-21", "close": 1036.557861, "volume": 107831, "typical_volume": 317350.85, "trend": 998.00426, "fair_value": 495.367074, "relative_strength": 25.311026, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.390503, "energy": 10.892629, "activity_lines": [ 1015.919971, 1024.035894, 1046.752521, 1035.791802 ] }, { "date": "2025-03-28", "close": 1060.447632, "volume": 428608, "typical_volume": 311436.6, "trend": 1005.735964, "fair_value": 499.291244, "relative_strength": 25.421979, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.993266, "energy": 11.389796, "activity_lines": [ 1030.983541, 1028.725712, 1046.36126, 1039.820406 ] }, { "date": "2025-04-04", "close": 996.275024, "volume": 261165, "typical_volume": 317201.4, "trend": 1011.240283, "fair_value": 502.718719, "relative_strength": 19.478153, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.401038, "energy": 8.225412, "activity_lines": [ 1025.255989, 1022.320267, 1039.767646, 1039.210023 ] }, { "date": "2025-04-11", "close": 984.430054, "volume": 246518, "typical_volume": 322142.65, "trend": 1016.413078, "fair_value": 506.018111, "relative_strength": 17.063685, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.502047, "energy": 9.94608, "activity_lines": [ 1012.664689, 1014.681705, 1032.181596, 1037.480331 ] }, { "date": "2025-04-18", "close": 1017.765869, "volume": 139052, "typical_volume": 309095.4, "trend": 1024.209753, "fair_value": 509.499389, "relative_strength": 14.819338, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.199863, "energy": 8.78374, "activity_lines": [ 1011.521851, 1014.327316, 1028.319199, 1037.567608 ] }, { "date": "2025-04-25", "close": 1210.183716, "volume": 886583, "typical_volume": 348072.85, "trend": 1036.466191, "fair_value": 514.233742, "relative_strength": 33.943717, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.979451, "energy": 28.918763, "activity_lines": [ 1075.217993, 1049.319653, 1043.540321, 1049.565928 ] }, { "date": "2025-05-02", "close": 1292.148682, "volume": 3040499, "typical_volume": 491436.2, "trend": 1051.976237, "fair_value": 519.454648, "relative_strength": 39.43446, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.427968, "energy": 60.265888, "activity_lines": [ 1154.660734, 1096.157834, 1066.437686, 1066.061572 ] }, { "date": "2025-05-09", "close": 1296.846802, "volume": 664257, "typical_volume": 518016.65, "trend": 1065.490472, "fair_value": 524.637262, "relative_strength": 39.958399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.39346, "energy": 69.672504, "activity_lines": [ 1220.222779, 1139.801039, 1089.033525, 1081.859673 ] }, { "date": "2025-05-16", "close": 1383.609741, "volume": 1683551, "typical_volume": 577459.5, "trend": 1080.487408, "fair_value": 530.325822, "relative_strength": 41.175302, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.156677, "energy": 78.590561, "activity_lines": [ 1294.667684, 1192.959266, 1119.139251, 1102.383497 ] }, { "date": "2025-05-23", "close": 1377.112427, "volume": 444261, "typical_volume": 590141.75, "trend": 1096.355636, "fair_value": 535.896786, "relative_strength": 39.353272, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.143323, "energy": 79.180597, "activity_lines": [ 1340.334839, 1237.770131, 1147.156336, 1121.520595 ] }, { "date": "2025-05-30", "close": 1460.077148, "volume": 606308, "typical_volume": 606548.4, "trend": 1112.33382, "fair_value": 541.937181, "relative_strength": 46.097961, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.850267, "energy": 84.223362, "activity_lines": [ 1389.700464, 1291.322743, 1181.589029, 1144.986499 ] }, { "date": "2025-06-06", "close": 1383.809692, "volume": 751859, "typical_volume": 633543.75, "trend": 1123.747284, "fair_value": 547.403885, "relative_strength": 35.228874, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.183144, "energy": 79.461072, "activity_lines": [ 1396.984041, 1323.308194, 1206.59265, 1162.501072 ] }, { "date": "2025-06-13", "close": 1419.394531, "volume": 384455, "typical_volume": 627862.5, "trend": 1136.901674, "fair_value": 553.029632, "relative_strength": 38.483763, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.460127, "energy": 75.973435, "activity_lines": [ 1410.018497, 1355.884306, 1233.59542, 1181.575088 ] }, { "date": "2025-06-20", "close": 1351.623413, "volume": 697477, "typical_volume": 651694.35, "trend": 1145.299758, "fair_value": 558.148822, "relative_strength": 28.347627, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.105443, "energy": 51.505101, "activity_lines": [ 1392.292733, 1368.445315, 1252.37003, 1195.428103 ] }, { "date": "2025-06-27", "close": 1451.380859, "volume": 763838, "typical_volume": 682325.05, "trend": 1154.447524, "fair_value": 566.139965, "relative_strength": 33.149573, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.714103, "energy": 50.157411, "activity_lines": [ 1409.951871, 1392.467798, 1279.217149, 1215.175271 ] }, { "date": "2025-07-04", "close": 1473.271484, "volume": 451986, "typical_volume": 687104.0, "trend": 1164.126727, "fair_value": 574.298494, "relative_strength": 34.252163, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.83307, "energy": 50.105814, "activity_lines": [ 1429.956657, 1412.586485, 1306.178978, 1235.744558 ] }, { "date": "2025-07-11", "close": 1466.374512, "volume": 707396, "typical_volume": 708086.45, "trend": 1175.177016, "fair_value": 582.390292, "relative_strength": 33.378162, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.725237, "energy": 48.508327, "activity_lines": [ 1446.782829, 1426.667764, 1330.430543, 1255.244416 ] }, { "date": "2025-07-18", "close": 1559.534668, "volume": 980524, "typical_volume": 731359.8, "trend": 1189.206028, "fair_value": 590.869687, "relative_strength": 40.632335, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.92543, "energy": 54.955733, "activity_lines": [ 1489.158065, 1454.519511, 1361.664357, 1280.041683 ] }, { "date": "2025-07-25", "close": 1576.127686, "volume": 759611, "typical_volume": 716894.15, "trend": 1205.912238, "fair_value": 599.540919, "relative_strength": 40.74322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.372161, "energy": 67.031743, "activity_lines": [ 1527.721631, 1480.612027, 1391.588025, 1305.004371 ] }, { "date": "2025-08-01", "close": 1486.565796, "volume": 3830363, "typical_volume": 891807.1, "trend": 1219.961241, "fair_value": 607.585833, "relative_strength": 32.39697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.134151, "energy": 49.833125, "activity_lines": [ 1521.464282, 1486.920237, 1410.18842, 1323.111052 ] }, { "date": "2025-08-08", "close": 1387.208252, "volume": 672367, "typical_volume": 920033.9, "trend": 1232.69081, "fair_value": 614.931655, "relative_strength": 23.14511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.597542, "energy": 41.827635, "activity_lines": [ 1479.74209, 1473.173378, 1417.143788, 1333.901182 ] }, { "date": "2025-08-15", "close": 1375.81311, "volume": 436210, "typical_volume": 920414.0, "trend": 1242.15344, "fair_value": 622.270262, "relative_strength": 19.674936, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.556076, "energy": 27.221161, "activity_lines": [ 1439.959066, 1458.679563, 1421.344142, 1343.134879 ] }, { "date": "2025-08-22", "close": 1414.0, "volume": 552793, "typical_volume": 934995.4, "trend": 1254.389996, "fair_value": 629.72609, "relative_strength": 20.716276, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.1132, "energy": 21.94162, "activity_lines": [ 1418.942432, 1451.274212, 1427.679601, 1354.221754 ] }, { "date": "2025-08-29", "close": 1355.300049, "volume": 348661, "typical_volume": 940102.55, "trend": 1264.509951, "fair_value": 636.870187, "relative_strength": 16.724829, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.624816, "energy": 21.695662, "activity_lines": [ 1388.061458, 1433.294225, 1426.435423, 1360.73208 ] }, { "date": "2025-09-05", "close": 1341.599976, "volume": 544967, "typical_volume": 960398.3, "trend": 1274.641372, "fair_value": 643.8408, "relative_strength": 13.126628, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.92626, "energy": 14.522399, "activity_lines": [ 1367.335637, 1412.756468, 1422.120428, 1365.70563 ] }, { "date": "2025-09-12", "close": 1353.800049, "volume": 385420, "typical_volume": 935340.15, "trend": 1285.032859, "fair_value": 650.941823, "relative_strength": 11.511336, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.764513, "energy": 13.944132, "activity_lines": [ 1360.340894, 1396.432921, 1417.425278, 1370.812641 ] }, { "date": "2025-09-19", "close": 1429.699951, "volume": 626896, "typical_volume": 814660.0, "trend": 1297.041396, "fair_value": 658.551903, "relative_strength": 15.574529, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.400733, "energy": 12.63048, "activity_lines": [ 1380.873332, 1396.081565, 1419.274802, 1380.146002 ] }, { "date": "2025-09-26", "close": 1404.900024, "volume": 441617, "typical_volume": 803528.0, "trend": 1312.119942, "fair_value": 665.96021, "relative_strength": 15.538648, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.687492, "energy": 8.399543, "activity_lines": [ 1389.546671, 1391.887942, 1418.107423, 1387.104623 ] }, { "date": "2025-10-03", "close": 1500.400024, "volume": 757860, "typical_volume": 757243.45, "trend": 1329.15068, "fair_value": 673.865221, "relative_strength": 20.921916, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.637217, "energy": 24.000001, "activity_lines": [ 1430.66001, 1407.869493, 1425.520743, 1399.251725 ] }, { "date": "2025-10-10", "close": 1498.199951, "volume": 517755, "typical_volume": 760918.15, "trend": 1344.815299, "fair_value": 681.831811, "relative_strength": 17.806853, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.895752, "energy": 31.039457, "activity_lines": [ 1461.366658, 1424.827898, 1432.168387, 1410.15813 ] }, { "date": "2025-10-17", "close": 1531.099976, "volume": 983085, "typical_volume": 779757.0, "trend": 1361.300037, "fair_value": 690.071163, "relative_strength": 17.41895, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.315402, "energy": 53.263256, "activity_lines": [ 1492.599984, 1447.556596, 1441.37276, 1422.176496 ] }, { "date": "2025-10-24", "close": 1441.800049, "volume": 686536, "typical_volume": 776490.85, "trend": 1374.011784, "fair_value": 697.727844, "relative_strength": 9.431925, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.027367, "energy": 45.823162, "activity_lines": [ 1482.246672, 1451.43273, 1441.734174, 1427.370045 ] }, { "date": "2025-10-31", "close": 1391.099976, "volume": 491578, "typical_volume": 781847.0, "trend": 1387.172616, "fair_value": 705.160285, "relative_strength": 5.339135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.247719, "energy": 23.401316, "activity_lines": [ 1454.186662, 1444.890907, 1436.990866, 1428.472509 ] }, { "date": "2025-11-07", "close": 1311.099976, "volume": 511585, "typical_volume": 772552.4, "trend": 1398.061613, "fair_value": 712.137868, "relative_strength": -0.134476, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.682518, "energy": 8.455975, "activity_lines": [ 1400.379989, 1424.219993, 1424.763245, 1423.564597 ] }, { "date": "2025-11-14", "close": 1329.199951, "volume": 375183, "typical_volume": 753119.65, "trend": 1408.442749, "fair_value": 719.259177, "relative_strength": -0.675777, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.697326, "energy": 30.27506, "activity_lines": [ 1365.226644, 1407.643621, 1414.452401, 1419.121909 ] }, { "date": "2025-11-21", "close": 1309.699951, "volume": 289675, "typical_volume": 745004.1, "trend": 1411.759957, "fair_value": 726.299885, "relative_strength": -2.879912, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.000936, "energy": 50.07069, "activity_lines": [ 1334.839966, 1387.74725, 1402.866227, 1412.751406 ] }, { "date": "2025-11-28", "close": 1294.800049, "volume": 392054, "typical_volume": 729237.0, "trend": 1411.848336, "fair_value": 733.221666, "relative_strength": -4.501512, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.07382, "energy": 68.620955, "activity_lines": [ 1314.246655, 1365.943626, 1390.639928, 1405.205605 ] }, { "date": "2025-12-05", "close": 1349.400024, "volume": 551061, "typical_volume": 707763.85, "trend": 1413.60011, "fair_value": 740.529272, "relative_strength": -0.544711, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.620256, "energy": 59.919464, "activity_lines": [ 1321.653336, 1356.519995, 1384.430647, 1401.176682 ] }, { "date": "2025-12-12", "close": 1356.400024, "volume": 304027, "typical_volume": 684984.65, "trend": 1412.693119, "fair_value": 747.915466, "relative_strength": 0.2738, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.474076, "energy": 39.809567, "activity_lines": [ 1334.173348, 1349.378183, 1379.888674, 1397.486354 ] }, { "date": "2025-12-19", "close": 1341.800049, "volume": 204444, "typical_volume": 503688.7, "trend": 1411.51604, "fair_value": 755.258035, "relative_strength": -0.622951, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.196161, "energy": 30.432609, "activity_lines": [ 1338.806697, 1342.200011, 1375.002549, 1392.912607 ] }, { "date": "2025-12-26", "close": 1315.199951, "volume": 218930, "typical_volume": 481016.85, "trend": 1406.6868, "fair_value": 762.381149, "relative_strength": -3.069142, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.049202, "energy": 26.09831, "activity_lines": [ 1333.733341, 1333.029093, 1368.272442, 1386.698666 ] }, { "date": "2026-01-02", "close": 1390.800049, "volume": 565246, "typical_volume": 487468.65, "trend": 1406.919812, "fair_value": 769.98261, "relative_strength": 1.072782, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.388554, "energy": 17.459439, "activity_lines": [ 1353.493351, 1341.529102, 1369.085242, 1385.673714 ] }, { "date": "2026-01-09", "close": 1307.099976, "volume": 287008, "typical_volume": 474179.4, "trend": 1403.17666, "fair_value": 777.017335, "relative_strength": -2.908819, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.901592, "energy": 24.304299, "activity_lines": [ 1338.953337, 1335.738188, 1361.855239, 1379.233725 ] }, { "date": "2026-01-16", "close": 1284.699951, "volume": 215570, "typical_volume": 467524.85, "trend": 1400.945878, "fair_value": 783.971166, "relative_strength": -4.716487, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.929838, "energy": 35.708257, "activity_lines": [ 1319.76665, 1327.401816, 1353.000949, 1371.590066 ] }, { "date": "2026-01-23", "close": 1093.0, "volume": 889878, "typical_volume": 484770.4, "trend": 1388.999849, "fair_value": 789.817129, "relative_strength": -16.79292, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.722997, "energy": 73.394099, "activity_lines": [ 1241.459985, 1284.690907, 1326.225711, 1351.72259 ] }, { "date": "2026-01-30", "close": 1350.699951, "volume": 1800083, "typical_volume": 555503.55, "trend": 1384.914132, "fair_value": 797.220843, "relative_strength": 1.400469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.985689, "energy": 48.081449, "activity_lines": [ 1265.639974, 1293.129079, 1325.177135, 1349.251629 ] }, { "date": "2026-02-06", "close": 1408.0, "volume": 837002, "typical_volume": 566008.85, "trend": 1382.968315, "fair_value": 804.883554, "relative_strength": 3.759453, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.821636, "energy": 22.607567, "activity_lines": [ 1306.553312, 1311.239988, 1329.600469, 1350.74104 ] }, { "date": "2026-02-13", "close": 1410.300049, "volume": 600366, "typical_volume": 573946.3, "trend": 1377.993827, "fair_value": 812.572014, "relative_strength": 4.459818, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.735696, "energy": 8.417222, "activity_lines": [ 1347.08667, 1327.710906, 1334.346189, 1352.504378 ] }, { "date": "2026-02-20", "close": 1415.800049, "volume": 502061, "typical_volume": 561156.35, "trend": 1372.649573, "fair_value": 820.397834, "relative_strength": 4.13711, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.680016, "energy": 21.846834, "activity_lines": [ 1382.573356, 1344.074552, 1339.590003, 1354.943489 ] }, { "date": "2026-02-27", "close": 1426.300049, "volume": 405212, "typical_volume": 555529.2, "trend": 1370.640715, "fair_value": 828.193272, "relative_strength": 6.023918, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.836131, "energy": 25.822938, "activity_lines": [ 1412.820036, 1361.267287, 1346.236675, 1358.40481 ] }, { "date": "2026-03-06", "close": 1352.099976, "volume": 236722, "typical_volume": 518211.05, "trend": 1369.470439, "fair_value": 835.405142, "relative_strength": 3.077784, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.625216, "energy": 20.467674, "activity_lines": [ 1396.113355, 1363.432737, 1346.159053, 1357.208633 ] }, { "date": "2026-03-13", "close": 1276.099976, "volume": 466107, "typical_volume": 507189.6, "trend": 1366.146668, "fair_value": 842.276655, "relative_strength": 2.405842, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.859996, "energy": 11.506854, "activity_lines": [ 1353.980005, 1351.109096, 1339.695717, 1351.184732 ] }, { "date": "2026-03-20", "close": 1271.900024, "volume": 439714, "typical_volume": 504596.4, "trend": 1361.410002, "fair_value": 849.068594, "relative_strength": 1.843458, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.343716, "energy": 20.207717, "activity_lines": [ 1319.240007, 1340.107282, 1333.621434, 1345.104304 ] }, { "date": "2026-03-27", "close": 1208.900024, "volume": 464361, "typical_volume": 502235.2, "trend": 1356.530001, "fair_value": 855.503645, "relative_strength": -2.224641, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.118651, "energy": 37.290816, "activity_lines": [ 1272.726676, 1318.290922, 1322.114769, 1335.26495 ] }, { "date": "2026-04-03", "close": 1219.699951, "volume": 494191, "typical_volume": 508185.6, "trend": 1352.466667, "fair_value": 862.02424, "relative_strength": -1.246222, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.438138, "energy": 48.586308, "activity_lines": [ 1243.606657, 1299.816366, 1312.123336, 1326.437205 ] }, { "date": "2026-04-10", "close": 1282.699951, "volume": 666018, "typical_volume": 527002.75, "trend": 1350.096663, "fair_value": 868.909848, "relative_strength": -2.27383, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.825689, "energy": 49.719118, "activity_lines": [ 1249.259977, 1290.49272, 1308.653331, 1321.936127 ] }, { "date": "2026-04-17", "close": 1417.699951, "volume": 383508, "typical_volume": 526575.45, "trend": 1349.696663, "fair_value": 876.623416, "relative_strength": 6.086875, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.836301, "energy": 16.127933, "activity_lines": [ 1304.539966, 1306.950892, 1318.16904, 1326.297629 ] }, { "date": "2026-04-24", "close": 1411.099976, "volume": 510421, "typical_volume": 524543.45, "trend": 1349.903328, "fair_value": 884.258977, "relative_strength": 7.278787, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.286383, "energy": 11.190684, "activity_lines": [ 1348.179964, 1322.032706, 1326.470943, 1330.259133 ] }, { "date": "2026-05-01", "close": 1509.0, "volume": 461785, "typical_volume": 532431.35, "trend": 1350.189994, "fair_value": 892.527989, "relative_strength": 13.855293, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.248399, "energy": 36.020204, "activity_lines": [ 1415.173307, 1354.89998, 1343.802848, 1340.523435 ] }, { "date": "2026-05-08", "close": 1576.199951, "volume": 1001393, "typical_volume": 572278.8, "trend": 1352.789994, "fair_value": 900.8578, "relative_strength": 17.589303, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 77.155907, "energy": 74.662179, "activity_lines": [ 1484.559969, 1398.290882, 1366.808082, 1355.104722 ] }, { "date": "2026-05-15", "close": 1305.599976, "volume": 2278570, "typical_volume": 675260.8, "trend": 1345.273328, "fair_value": 907.482809, "relative_strength": -0.401196, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.876924, "energy": 53.254856, "activity_lines": [ 1439.979972, 1389.756337, 1362.925699, 1352.060205 ] }, { "date": "2026-05-22", "close": 1386.400024, "volume": 637251, "typical_volume": 678861.05, "trend": 1343.42666, "fair_value": 914.480286, "relative_strength": 5.313655, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.774549, "energy": 45.913541, "activity_lines": [ 1420.806657, 1396.758163, 1366.784274, 1354.71354 ] }, { "date": "2026-05-29", "close": 1426.400024, "volume": 693352, "typical_volume": 699178.25, "trend": 1344.603328, "fair_value": 921.659963, "relative_strength": 9.081656, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.388885, "energy": 27.33832, "activity_lines": [ 1417.053336, 1409.027262, 1374.473325, 1360.06666 ] }, { "date": "2026-06-05", "close": 1476.099976, "volume": 101240, "typical_volume": 693461.75, "trend": 1350.103328, "fair_value": 929.195783, "relative_strength": 13.449573, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.083235, "energy": 23.685603, "activity_lines": [ 1428.846663, 1427.523624, 1386.327609, 1368.550315 ] }, { "date": "2026-06-12", "close": 1564.400024, "volume": 135943, "typical_volume": 655765.0, "trend": 1357.943331, "fair_value": 937.302555, "relative_strength": 18.571653, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.56894, "energy": 39.859112, "activity_lines": [ 1472.266675, 1457.21636, 1405.679993, 1382.375908 ] }, { "date": "2026-06-19", "close": 1558.199951, "volume": 126904, "typical_volume": 572106.05, "trend": 1366.226664, "fair_value": 945.371757, "relative_strength": 15.741611, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.12826, "energy": 60.069412, "activity_lines": [ 1514.406657, 1479.514535, 1422.197131, 1395.29569 ] }, { "date": "2026-06-26", "close": 1573.5, "volume": 0, "typical_volume": 530255.95, "trend": 1375.516663, "fair_value": 953.495982, "relative_strength": 16.318583, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.780705, "energy": 69.341103, "activity_lines": [ 1544.806657, 1499.585447, 1439.183322, 1408.668163 ] }, { "date": "2026-07-03", "close": 1562.400024, "volume": 137008, "typical_volume": 507088.05, "trend": 1382.616663, "fair_value": 961.419183, "relative_strength": 14.221348, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.749534, "energy": 70.03559, "activity_lines": [ 1559.033333, 1514.805453, 1454.324277, 1420.725155 ] }, { "date": "2026-07-10", "close": 1603.400024, "volume": 1078078, "typical_volume": 535888.9, "trend": 1390.849996, "fair_value": 969.434071, "relative_strength": 17.211141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.057802, "energy": 69.068733, "activity_lines": [ 1577.860009, 1534.729095, 1472.645709, 1434.969242 ] }, { "date": "2026-07-17", "close": 1591.5, "volume": 708647, "typical_volume": 551060.65, "trend": 1399.173328, "fair_value": 977.473949, "relative_strength": 15.616416, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.152894, "energy": 63.440786, "activity_lines": [ 1584.233341, 1550.772732, 1488.940471, 1447.914404 ] }, { "date": "2026-07-24", "close": 1585.5, "volume": 435152, "typical_volume": 560982.15, "trend": 1408.183329, "fair_value": 985.519061, "relative_strength": 17.797432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.287106, "energy": 51.026036, "activity_lines": [ 1586.800008, 1565.447277, 1503.877139, 1459.93548 ] }, { "date": "2026-07-31", "close": 1604.5, "volume": 594330, "typical_volume": 567393.3, "trend": 1415.306661, "fair_value": 993.625128, "relative_strength": 15.988499, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.610198, "energy": 47.252609, "activity_lines": [ 1593.880005, 1578.487276, 1519.511902, 1472.601071 ] }, { "date": "2026-08-07", "close": 1636.199951, "volume": 764531, "typical_volume": 583634.15, "trend": 1426.27666, "fair_value": 1001.855518, "relative_strength": 16.996795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.40332, "energy": 48.529172, "activity_lines": [ 1609.459985, 1593.325448, 1536.601898, 1486.852251 ] } ], "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." } } }