{ "ticker": { "uuid": "a39b92c2-c27b-4e38-8af5-611275ebd7bf", "symbol": "PARAS", "name": "Paras Defence and Space Technologies Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 65.903, "architecture_energy": 51.529, "architecture_maturity": 93.138, "architecture_confidence": 67.672, "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": 15.37, "rotation_up": 46.24, "upward_expansion": 75.47, "deceleration": 71.33, "rotation_down": 28.39, "downward_expansion": 13.47 }, "activity_lines": [ 1240.186654, 1239.621813, 1110.660237, 1004.062365 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 1277.099976, "trend_reference": 877.533333, "distance_from_trend": 0.455329, "trend_direction": "Improving", "fair_value": 816.069091, "distance_from_fair_value": 0.564941, "fair_value_direction": "Improving", "relative_strength": 59.855963, "relative_strength_direction": "Improving", "price_momentum": 0.985695, "excess_performance": 1.029404, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.455329, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.246788, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.564941, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.444393, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.59856, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.356319, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.985695, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.15672, "read": "Demand-led" } ], "volume": { "latest": 5805240, "relative_activity": 0.75203, "balance": 2.15672, "dry_up": 0.608346, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.11246, "annualized_volatility": 0.685195, "from_high_reference": -0.114969, "from_low_reference": 1.2 }, "levels": { "trend_reference": 877.533333, "fair_value_reference": 816.069091, "structural_low": 580.5, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": 0.003768, "positive_rate": 0.538462, "directional_follow_through": 0.538462, "median_excess_return": -0.003248, "regime_survival": 0.692308, "best_return": 0.708559, "worst_return": -0.323211, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.013707, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.032744, "regime_survival": 0.0, "best_return": 0.333573, "worst_return": -0.22198, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.068684, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.145269, "regime_survival": 0.5, "best_return": 0.898064, "worst_return": -0.651737, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.542136, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.579629, "regime_survival": 1.0, "best_return": 1.14422, "worst_return": -0.4433, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-22", "end": "2024-04-19", "tenure": "Developing", "return": 0.066189, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-26", "end": "2024-05-31", "tenure": "Developing", "return": 0.239273, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-07", "end": "2024-08-09", "tenure": "Developing", "return": 0.350658, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-10-25", "tenure": "Developing", "return": -0.232921, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-01", "end": "2024-11-29", "tenure": "Developing", "return": 0.012341, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-06", "end": "2025-05-09", "tenure": "Established", "return": -0.359633, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-16", "end": "2025-06-27", "tenure": "Developing", "return": -0.094248, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-07-25", "tenure": "New", "return": -0.161311, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-01", "end": "2025-10-10", "tenure": "Developing", "return": 0.143477, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-17", "end": "2025-12-19", "tenure": "Developing", "return": -0.093557, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-26", "end": "2026-04-10", "tenure": "Established", "return": -0.024626, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": -0.010628, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": 0.091092, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": 0.695115, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 656.94397, "volume": 2692137, "typical_volume": 2104419.65, "trend": 552.344539, "fair_value": 631.274352, "relative_strength": 4.566315, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.450237, "energy": 46.024096, "activity_lines": [ 655.468433, 652.947953, 615.375751, 585.557775 ] }, { "date": "2023-08-25", "close": 755.268188, "volume": 13430573, "typical_volume": 2754984.5, "trend": 559.673893, "fair_value": 632.514291, "relative_strength": 20.306103, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.684755, "energy": 55.459873, "activity_lines": [ 687.02078, 673.634738, 631.744566, 598.649623 ] }, { "date": "2023-09-01", "close": 784.9953, "volume": 5125539, "typical_volume": 2939437.05, "trend": 568.735246, "fair_value": 634.024004, "relative_strength": 23.891368, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.356041, "energy": 61.980174, "activity_lines": [ 723.346126, 696.493489, 649.721906, 613.186488 ] }, { "date": "2023-09-08", "close": 815.621765, "volume": 6316045, "typical_volume": 3237683.9, "trend": 578.549355, "fair_value": 635.804374, "relative_strength": 26.260232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.082733, "energy": 79.856778, "activity_lines": [ 762.026347, 721.722243, 669.341319, 629.114651 ] }, { "date": "2023-09-15", "close": 758.665649, "volume": 2988386, "typical_volume": 3350230.15, "trend": 587.337586, "fair_value": 636.997202, "relative_strength": 15.640856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.834707, "energy": 76.198951, "activity_lines": [ 771.885437, 732.907272, 682.092929, 640.735057 ] }, { "date": "2023-09-22", "close": 720.245178, "volume": 1310336, "typical_volume": 3386754.4, "trend": 595.742777, "fair_value": 637.797663, "relative_strength": 13.062618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.127204, "energy": 61.847244, "activity_lines": [ 760.534171, 734.800354, 690.146009, 649.30974 ] }, { "date": "2023-09-29", "close": 728.938538, "volume": 1061764, "typical_volume": 3417249.6, "trend": 604.406105, "fair_value": 638.665671, "relative_strength": 14.887232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.542573, "energy": 46.174744, "activity_lines": [ 747.860612, 737.55551, 698.168641, 657.903015 ] }, { "date": "2023-10-06", "close": 724.791687, "volume": 593796, "typical_volume": 3402593.05, "trend": 612.336663, "fair_value": 639.478181, "relative_strength": 14.223269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.086917, "energy": 30.609652, "activity_lines": [ 735.560079, 738.634676, 704.83184, 665.669827 ] }, { "date": "2023-10-13", "close": 723.892395, "volume": 777597, "typical_volume": 3405932.9, "trend": 620.30719, "fair_value": 640.267099, "relative_strength": 13.538521, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.899846, "energy": 24.908378, "activity_lines": [ 726.973356, 738.50296, 710.43538, 672.866971 ] }, { "date": "2023-10-20", "close": 738.581116, "volume": 1452378, "typical_volume": 3354147.65, "trend": 629.63001, "fair_value": 641.177414, "relative_strength": 16.992789, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.309473, "energy": 24.645802, "activity_lines": [ 729.398165, 740.027247, 716.379376, 680.497546 ] }, { "date": "2023-10-27", "close": 686.970825, "volume": 1377182, "typical_volume": 3196895.6, "trend": 636.862772, "fair_value": 641.597537, "relative_strength": 11.641673, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.800176, "energy": 17.806321, "activity_lines": [ 715.958512, 730.241147, 716.45289, 684.196954 ] }, { "date": "2023-11-03", "close": 687.670349, "volume": 646069, "typical_volume": 3104146.7, "trend": 643.167917, "fair_value": 642.016381, "relative_strength": 10.732555, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.906596, "energy": 15.966612, "activity_lines": [ 704.970325, 720.036289, 715.979212, 687.474862 ] }, { "date": "2023-11-10", "close": 712.401245, "volume": 1171069, "typical_volume": 2846440.35, "trend": 649.671239, "fair_value": 642.650479, "relative_strength": 13.458741, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.48748, "energy": 11.94888, "activity_lines": [ 704.976982, 715.55701, 717.336023, 691.941528 ] }, { "date": "2023-11-17", "close": 719.945435, "volume": 569136, "typical_volume": 2823376.9, "trend": 656.585912, "fair_value": 643.340612, "relative_strength": 12.704185, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.035698, "energy": 13.2633, "activity_lines": [ 708.324398, 713.769294, 718.919327, 696.475347 ] }, { "date": "2023-11-24", "close": 699.71106, "volume": 1015920, "typical_volume": 2791908.4, "trend": 661.896823, "fair_value": 643.839466, "relative_strength": 9.072947, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.947802, "energy": 11.642659, "activity_lines": [ 705.190153, 710.04217, 718.065227, 699.257615 ] }, { "date": "2023-12-01", "close": 709.853271, "volume": 1210895, "typical_volume": 2435947.25, "trend": 667.55913, "fair_value": 644.418534, "relative_strength": 7.93318, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.460431, "energy": 11.111354, "activity_lines": [ 708.027983, 709.230986, 717.853728, 702.351579 ] }, { "date": "2023-12-08", "close": 704.157593, "volume": 1240049, "typical_volume": 2377503.15, "trend": 673.484565, "fair_value": 644.938004, "relative_strength": 3.473624, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.871815, "energy": 9.624996, "activity_lines": [ 707.441756, 707.573168, 716.961081, 704.712771 ] }, { "date": "2023-12-15", "close": 745.026123, "volume": 3527645, "typical_volume": 2499039.85, "trend": 680.977127, "fair_value": 645.800833, "relative_strength": 6.904711, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.134886, "energy": 22.578882, "activity_lines": [ 719.379224, 713.796554, 719.837199, 709.328355 ] }, { "date": "2023-12-22", "close": 715.348999, "volume": 1678235, "typical_volume": 2532440.0, "trend": 688.10164, "fair_value": 646.395262, "relative_strength": 3.020394, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.6007, "energy": 18.447015, "activity_lines": [ 719.249325, 714.256201, 719.516257, 711.545895 ] }, { "date": "2023-12-29", "close": 718.34668, "volume": 1399273, "typical_volume": 2479201.2, "trend": 694.113674, "fair_value": 647.005019, "relative_strength": 1.64174, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.305229, "energy": 17.561167, "activity_lines": [ 720.425081, 715.416215, 719.255744, 713.497188 ] }, { "date": "2024-01-05", "close": 777.351257, "volume": 5237812, "typical_volume": 2606484.95, "trend": 701.423045, "fair_value": 648.100366, "relative_strength": 9.909457, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 64.595811, "energy": 45.06222, "activity_lines": [ 740.026656, 727.672233, 724.206457, 718.867355 ] }, { "date": "2024-01-12", "close": 769.007629, "volume": 1846438, "typical_volume": 2027278.2, "trend": 707.808126, "fair_value": 649.107926, "relative_strength": 7.62357, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.271056, "energy": 50.805656, "activity_lines": [ 752.347156, 736.767948, 727.789171, 723.22765 ] }, { "date": "2024-01-19", "close": 744.176758, "volume": 1091122, "typical_volume": 1825557.35, "trend": 712.311324, "fair_value": 649.893619, "relative_strength": 5.252428, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.096821, "energy": 47.68094, "activity_lines": [ 752.067362, 739.870098, 728.941614, 725.574014 ] }, { "date": "2024-01-26", "close": 781.398132, "volume": 1771902, "typical_volume": 1598350.2, "trend": 717.931995, "fair_value": 650.971525, "relative_strength": 11.507802, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.195897, "energy": 60.832287, "activity_lines": [ 764.251318, 749.162035, 733.833324, 730.031227 ] }, { "date": "2024-02-02", "close": 774.65332, "volume": 5108444, "typical_volume": 1704353.1, "trend": 722.693329, "fair_value": 651.977068, "relative_strength": 7.587286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.957932, "energy": 49.09849, "activity_lines": [ 769.783728, 756.11032, 738.245641, 733.690668 ] }, { "date": "2024-02-09", "close": 771.905457, "volume": 2925064, "typical_volume": 1785089.5, "trend": 725.732656, "fair_value": 652.944233, "relative_strength": 7.1657, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.877122, "energy": 35.979837, "activity_lines": [ 770.646407, 761.196408, 742.320124, 736.865644 ] }, { "date": "2024-02-16", "close": 727.739441, "volume": 1562592, "typical_volume": 1810130.9, "trend": 727.383051, "fair_value": 653.542594, "relative_strength": -0.46397, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.409603, "energy": 24.923773, "activity_lines": [ 757.150134, 757.124089, 741.942319, 736.995114 ] }, { "date": "2024-02-23", "close": 745.975403, "volume": 1263768, "typical_volume": 1843629.5, "trend": 730.009361, "fair_value": 654.276188, "relative_strength": 0.843642, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.640248, "energy": 16.56683, "activity_lines": [ 752.483728, 755.938639, 743.306983, 738.19462 ] }, { "date": "2024-03-01", "close": 727.489624, "volume": 710824, "typical_volume": 1840290.85, "trend": 731.989502, "fair_value": 654.852672, "relative_strength": -2.542737, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.34387, "energy": 13.656861, "activity_lines": [ 741.535486, 751.374878, 742.810221, 738.032057 ] }, { "date": "2024-03-08", "close": 713.900146, "volume": 450712, "typical_volume": 1790207.55, "trend": 734.699084, "fair_value": 655.31398, "relative_strength": -5.227433, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.885365, "energy": 10.569252, "activity_lines": [ 729.651318, 744.119564, 741.002093, 736.865001 ] }, { "date": "2024-03-15", "close": 646.801758, "volume": 1214054, "typical_volume": 1782051.15, "trend": 734.361011, "fair_value": 655.247994, "relative_strength": -12.353045, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.470878, "energy": 45.740446, "activity_lines": [ 699.451233, 724.74539, 732.921171, 731.194206 ] }, { "date": "2024-03-22", "close": 649.150024, "volume": 705747, "typical_volume": 1785035.05, "trend": 730.823739, "fair_value": 655.201086, "relative_strength": -12.44242, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.79694, "energy": 64.397647, "activity_lines": [ 678.374149, 708.171801, 725.255175, 725.696723 ] }, { "date": "2024-03-29", "close": 611.329102, "volume": 962938, "typical_volume": 1774628.5, "trend": 725.034865, "fair_value": 654.866186, "relative_strength": -18.408071, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.569696, "energy": 76.219263, "activity_lines": [ 649.929386, 686.900909, 714.170616, 717.987392 ] }, { "date": "2024-04-05", "close": 705.15686, "volume": 2256773, "typical_volume": 1859010.35, "trend": 721.352702, "fair_value": 655.247176, "relative_strength": -6.826014, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.923619, "energy": 64.563115, "activity_lines": [ 661.736963, 685.105021, 712.503331, 716.70494 ] }, { "date": "2024-04-12", "close": 699.161499, "volume": 533431, "typical_volume": 1834885.9, "trend": 719.36923, "fair_value": 655.577359, "relative_strength": -7.748759, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.151843, "energy": 44.928722, "activity_lines": [ 673.034936, 683.605273, 710.33548, 715.273249 ] }, { "date": "2024-04-19", "close": 692.116882, "volume": 655226, "typical_volume": 1807102.45, "trend": 718.43162, "fair_value": 655.850042, "relative_strength": -7.257754, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.904339, "energy": 25.999851, "activity_lines": [ 682.967281, 682.197264, 707.49933, 713.515033 ] }, { "date": "2024-04-26", "close": 739.380493, "volume": 4082613, "typical_volume": 1949230.65, "trend": 718.779685, "fair_value": 656.468786, "relative_strength": -2.301627, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.592281, "energy": 16.969614, "activity_lines": [ 705.633154, 690.833341, 709.248936, 714.866573 ] }, { "date": "2024-05-03", "close": 723.24292, "volume": 573617, "typical_volume": 1801529.25, "trend": 718.72806, "fair_value": 656.959772, "relative_strength": -4.796086, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.844745, "energy": 18.645732, "activity_lines": [ 716.904472, 696.323657, 709.293902, 715.154524 ] }, { "date": "2024-05-10", "close": 701.259827, "volume": 588016, "typical_volume": 1747018.3, "trend": 717.973641, "fair_value": 657.28313, "relative_strength": -6.092413, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.634172, "energy": 17.431606, "activity_lines": [ 713.38717, 698.230366, 707.348969, 714.027541 ] }, { "date": "2024-05-17", "close": 742.977722, "volume": 1272043, "typical_volume": 1740656.8, "trend": 718.120194, "fair_value": 657.904105, "relative_strength": -2.574112, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.009807, "energy": 15.203787, "activity_lines": [ 724.035636, 708.199051, 709.444261, 715.640708 ] }, { "date": "2024-05-24", "close": 858.48877, "volume": 11358178, "typical_volume": 2046675.1, "trend": 723.837459, "fair_value": 659.34716, "relative_strength": 9.527168, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 53.788399, "energy": 53.214376, "activity_lines": [ 770.266703, 738.641062, 722.423314, 724.696745 ] }, { "date": "2024-05-31", "close": 916.294189, "volume": 23798335, "typical_volume": 3144269.95, "trend": 731.458254, "fair_value": 661.182496, "relative_strength": 18.33849, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 87.439942, "energy": 80.805639, "activity_lines": [ 824.674784, 775.744295, 740.521276, 737.113308 ] }, { "date": "2024-06-07", "close": 903.603943, "volume": 6968355, "typical_volume": 3438131.6, "trend": 737.831677, "fair_value": 662.901797, "relative_strength": 12.345068, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.974843, "energy": 79.484664, "activity_lines": [ 863.058537, 805.683043, 756.709278, 748.219482 ] }, { "date": "2024-06-14", "close": 1156.009644, "volume": 22621006, "typical_volume": 4480586.8, "trend": 752.367151, "fair_value": 666.374388, "relative_strength": 41.19038, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.606964, "energy": 94.750368, "activity_lines": [ 973.553455, 876.199649, 796.176742, 775.198705 ] }, { "date": "2024-06-21", "close": 1369.495117, "volume": 24719089, "typical_volume": 5461119.05, "trend": 774.693286, "fair_value": 671.291316, "relative_strength": 64.684518, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.086283, "energy": 98.119196, "activity_lines": [ 1124.893543, 977.334473, 854.192291, 815.013413 ] }, { "date": "2024-06-28", "close": 1407.615723, "volume": 4892287, "typical_volume": 5559480.2, "trend": 797.952034, "fair_value": 676.40468, "relative_strength": 63.307837, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.843923, "energy": 97.084972, "activity_lines": [ 1247.172673, 1073.212431, 913.005794, 855.847118 ] }, { "date": "2024-07-05", "close": 1543.86084, "volume": 8601421, "typical_volume": 5911421.65, "trend": 825.942143, "fair_value": 682.387136, "relative_strength": 73.939089, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.765703, "energy": 97.309484, "activity_lines": [ 1378.258378, 1180.85316, 981.767831, 903.970267 ] }, { "date": "2024-07-12", "close": 1459.625732, "volume": 3463860, "typical_volume": 6021426.25, "trend": 849.76213, "fair_value": 687.710688, "relative_strength": 61.147801, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.209975, "energy": 90.266086, "activity_lines": [ 1439.427938, 1258.551498, 1038.621184, 944.853079 ] }, { "date": "2024-07-19", "close": 1312.38916, "volume": 721976, "typical_volume": 6021983.85, "trend": 869.663468, "fair_value": 691.960202, "relative_strength": 43.295022, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.070334, "energy": 79.01175, "activity_lines": [ 1414.450521, 1296.090773, 1078.053671, 974.699985 ] }, { "date": "2024-07-26", "close": 1303.546021, "volume": 726653, "typical_volume": 6035780.9, "trend": 889.170113, "fair_value": 696.092538, "relative_strength": 39.258497, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.614112, "energy": 64.920849, "activity_lines": [ 1376.10009, 1320.910761, 1113.858719, 1002.692407 ] }, { "date": "2024-08-02", "close": 1249.237671, "volume": 425853, "typical_volume": 5996370.85, "trend": 904.89966, "fair_value": 699.804922, "relative_strength": 32.98265, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.366363, "energy": 48.364509, "activity_lines": [ 1324.043482, 1325.664353, 1141.683706, 1025.922572 ] }, { "date": "2024-08-09", "close": 1220.459961, "volume": 634263, "typical_volume": 5992796.65, "trend": 919.948071, "fair_value": 703.275955, "relative_strength": 30.628057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.583887, "energy": 34.544245, "activity_lines": [ 1272.95284, 1318.081109, 1163.899216, 1046.281301 ] }, { "date": "2024-08-16", "close": 1207.419922, "volume": 283423, "typical_volume": 5958820.9, "trend": 935.38951, "fair_value": 706.614657, "relative_strength": 27.348393, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.010035, "energy": 27.079821, "activity_lines": [ 1239.075578, 1302.596662, 1182.152294, 1064.827872 ] }, { "date": "2024-08-23", "close": 1281.812744, "volume": 650583, "typical_volume": 5878511.4, "trend": 952.069997, "fair_value": 710.398855, "relative_strength": 32.836613, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.623594, "energy": 24.544667, "activity_lines": [ 1246.809644, 1295.114256, 1204.651875, 1087.177758 ] }, { "date": "2024-08-30", "close": 1271.370728, "volume": 582954, "typical_volume": 5880987.55, "trend": 968.627244, "fair_value": 714.065338, "relative_strength": 28.962257, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.092976, "energy": 24.136541, "activity_lines": [ 1253.101465, 1283.445972, 1223.410997, 1107.777806 ] }, { "date": "2024-09-06", "close": 1205.021729, "volume": 308336, "typical_volume": 5863643.05, "trend": 983.064453, "fair_value": 717.253366, "relative_strength": 23.672905, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.576986, "energy": 22.637856, "activity_lines": [ 1239.421973, 1261.498313, 1233.126362, 1123.029063 ] }, { "date": "2024-09-13", "close": 1160.00647, "volume": 175347, "typical_volume": 5668279.75, "trend": 997.473354, "fair_value": 720.109838, "relative_strength": 16.218853, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.43779, "energy": 15.951184, "activity_lines": [ 1213.685124, 1235.04959, 1236.112155, 1134.444677 ] }, { "date": "2024-09-20", "close": 1123.834351, "volume": 315149, "typical_volume": 5655356.35, "trend": 1010.068652, "fair_value": 722.697816, "relative_strength": 10.322713, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.073308, "energy": 14.565884, "activity_lines": [ 1179.921135, 1209.003287, 1233.650004, 1142.596999 ] }, { "date": "2024-09-27", "close": 1065.829102, "volume": 229687, "typical_volume": 5637439.9, "trend": 1021.346635, "fair_value": 726.375752, "relative_strength": 2.897735, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.198462, "energy": 19.324842, "activity_lines": [ 1132.394434, 1178.515874, 1223.755965, 1146.194447 ] }, { "date": "2024-10-04", "close": 1071.574585, "volume": 260316, "typical_volume": 5586853.55, "trend": 1033.269116, "fair_value": 729.219715, "relative_strength": 7.955105, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -6.277081, "energy": 28.908157, "activity_lines": [ 1101.181804, 1153.556004, 1212.67307, 1149.43496 ] }, { "date": "2024-10-11", "close": 1085.014282, "volume": 539076, "typical_volume": 5045898.45, "trend": 1047.8762, "fair_value": 732.169687, "relative_strength": 9.169145, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.388185, "energy": 34.756169, "activity_lines": [ 1087.768815, 1135.257378, 1201.3054, 1152.773358 ] }, { "date": "2024-10-18", "close": 1049.241821, "volume": 610379, "typical_volume": 3886500.65, "trend": 1061.212594, "fair_value": 731.220097, "relative_strength": 5.811911, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -10.469858, "energy": 39.982615, "activity_lines": [ 1070.43217, 1113.440547, 1185.452135, 1152.861463 ] }, { "date": "2024-10-25", "close": 926.186584, "volume": 501514, "typical_volume": 3563158.6, "trend": 1071.707843, "fair_value": 731.217535, "relative_strength": -4.10054, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -46.233552, "energy": 60.969876, "activity_lines": [ 1019.461421, 1072.363095, 1157.246241, 1144.150107 ] }, { "date": "2024-11-01", "close": 1060.682983, "volume": 913709, "typical_volume": 2477793.75, "trend": 1083.558714, "fair_value": 732.792604, "relative_strength": 8.854096, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.23068, "energy": 40.441903, "activity_lines": [ 1026.499324, 1060.852866, 1141.741991, 1143.438826 ] }, { "date": "2024-11-08", "close": 1024.360962, "volume": 616777, "typical_volume": 1272678.15, "trend": 1094.398696, "fair_value": 734.304901, "relative_strength": 5.515464, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.177637, "energy": 41.820512, "activity_lines": [ 1021.772961, 1046.759175, 1123.232437, 1139.619616 ] }, { "date": "2024-11-15", "close": 979.845215, "volume": 384386, "typical_volume": 1047283.1, "trend": 1103.98964, "fair_value": 735.96548, "relative_strength": 3.315336, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.976462, "energy": 44.473838, "activity_lines": [ 1005.355591, 1029.062798, 1102.126784, 1132.229069 ] }, { "date": "2024-11-22", "close": 976.148132, "volume": 526651, "typical_volume": 643544.6, "trend": 1111.881895, "fair_value": 737.264159, "relative_strength": 1.048657, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.278159, "energy": 35.776553, "activity_lines": [ 994.71713, 1014.788343, 1082.706031, 1123.98123 ] }, { "date": "2024-11-29", "close": 1073.772827, "volume": 1073553, "typical_volume": 524029.25, "trend": 1123.566225, "fair_value": 739.279914, "relative_strength": 9.629124, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -54.805581, "energy": 36.859124, "activity_lines": [ 1021.493148, 1021.606711, 1075.286261, 1121.52258 ] }, { "date": "2024-12-06", "close": 1137.923584, "volume": 937554, "typical_volume": 534808.15, "trend": 1138.121684, "fair_value": 741.889763, "relative_strength": 12.93446, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.380863, "energy": 20.767613, "activity_lines": [ 1059.813668, 1040.999063, 1075.813482, 1122.448861 ] }, { "date": "2024-12-13", "close": 1082.166382, "volume": 710180, "typical_volume": 533984.5, "trend": 1149.427972, "fair_value": 744.394885, "relative_strength": 6.558198, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.139435, "energy": 20.018581, "activity_lines": [ 1074.39908, 1048.942933, 1071.861282, 1118.838842 ] }, { "date": "2024-12-20", "close": 1004.626221, "volume": 592817, "typical_volume": 542332.7, "trend": 1154.299221, "fair_value": 746.440745, "relative_strength": 3.434424, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.273894, "energy": 23.610229, "activity_lines": [ 1059.284078, 1042.596014, 1061.578494, 1109.496793 ] }, { "date": "2024-12-27", "close": 1015.317932, "volume": 345155, "typical_volume": 527877.3, "trend": 1157.600012, "fair_value": 748.190038, "relative_strength": 3.08234, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.381277, "energy": 19.056605, "activity_lines": [ 1046.080912, 1039.654643, 1053.47878, 1100.530259 ] }, { "date": "2025-01-03", "close": 504.386475, "volume": 551378, "typical_volume": 541275.05, "trend": 1144.292763, "fair_value": 746.769178, "relative_strength": -48.84746, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.908651, "energy": 79.029843, "activity_lines": [ 859.955941, 944.433442, 997.695794, 1058.38745 ] }, { "date": "2025-01-10", "close": 508.333466, "volume": 4254358, "typical_volume": 721463.8, "trend": 1122.703557, "fair_value": 745.337428, "relative_strength": -46.851802, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.712044, "energy": 94.464743, "activity_lines": [ 713.105723, 857.598968, 945.63649, 1017.357818 ] }, { "date": "2025-01-17", "close": 530.366516, "volume": 1348158, "typical_volume": 759724.0, "trend": 1094.732604, "fair_value": 744.323306, "relative_strength": -43.695932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.296803, "energy": 93.244757, "activity_lines": [ 615.57253, 784.813222, 899.358806, 979.142525 ] }, { "date": "2025-01-24", "close": 532.414917, "volume": 2469884, "typical_volume": 867801.4, "trend": 1065.559244, "fair_value": 743.464192, "relative_strength": -42.840192, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.081415, "energy": 90.720879, "activity_lines": [ 555.508795, 721.38163, 856.8048, 942.863964 ] }, { "date": "2025-01-31", "close": 567.512878, "volume": 2309446, "typical_volume": 974506.35, "trend": 1033.014312, "fair_value": 742.650716, "relative_strength": -39.826422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.297387, "energy": 88.339858, "activity_lines": [ 538.625134, 672.466581, 820.796347, 910.731941 ] }, { "date": "2025-02-07", "close": 519.44989, "volume": 2626108, "typical_volume": 1090054.3, "trend": 1001.675117, "fair_value": 741.680951, "relative_strength": -44.688076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.968662, "energy": 84.795244, "activity_lines": [ 535.574147, 622.242539, 783.031864, 877.598752 ] }, { "date": "2025-02-14", "close": 456.098694, "volume": 1995634, "typical_volume": 1178351.65, "trend": 973.132101, "fair_value": 740.415259, "relative_strength": -49.779913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.8276, "energy": 70.791666, "activity_lines": [ 510.401868, 570.578697, 742.111955, 842.400273 ] }, { "date": "2025-02-21", "close": 446.655945, "volume": 1757558, "typical_volume": 1253213.75, "trend": 944.569099, "fair_value": 739.403858, "relative_strength": -50.193649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.715512, "energy": 68.156344, "activity_lines": [ 485.564323, 529.594808, 703.196215, 808.43407 ] }, { "date": "2025-02-28", "close": 437.013397, "volume": 1195400, "typical_volume": 1286029.95, "trend": 917.494957, "fair_value": 738.191652, "relative_strength": -49.474027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.776531, "energy": 67.808324, "activity_lines": [ 463.0933, 498.412463, 666.33794, 775.68854 ] }, { "date": "2025-03-07", "close": 482.403412, "volume": 2099016, "typical_volume": 1360461.8, "trend": 892.893072, "fair_value": 737.109312, "relative_strength": -45.004227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.529007, "energy": 64.555474, "activity_lines": [ 462.112384, 485.803081, 636.888242, 747.618118 ] }, { "date": "2025-03-14", "close": 448.354645, "volume": 1445098, "typical_volume": 1407641.0, "trend": 867.590896, "fair_value": 735.826006, "relative_strength": -48.292433, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.83231, "energy": 64.176645, "activity_lines": [ 455.455843, 476.69237, 606.895034, 718.93822 ] }, { "date": "2025-03-21", "close": 500.314636, "volume": 4098462, "typical_volume": 1566878.65, "trend": 841.540959, "fair_value": 734.858162, "relative_strength": -44.435972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.398773, "energy": 59.179555, "activity_lines": [ 470.858982, 478.04769, 584.125788, 695.242977 ] }, { "date": "2025-03-28", "close": 478.58139, "volume": 2349614, "typical_volume": 1653520.5, "trend": 815.114647, "fair_value": 733.801604, "relative_strength": -47.045712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.130839, "energy": 49.288983, "activity_lines": [ 476.069977, 475.597307, 561.955129, 671.826231 ] }, { "date": "2025-04-04", "close": 492.620544, "volume": 2001278, "typical_volume": 1734365.1, "trend": 791.367941, "fair_value": 732.210842, "relative_strength": -43.752723, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.531893, "energy": 60.589316, "activity_lines": [ 483.832326, 476.641046, 543.720483, 651.02016 ] }, { "date": "2025-04-11", "close": 486.250458, "volume": 1283698, "typical_volume": 1772217.45, "trend": 768.909408, "fair_value": 730.876453, "relative_strength": -44.02106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.624557, "energy": 51.23169, "activity_lines": [ 485.76417, 477.250121, 527.19928, 631.335161 ] }, { "date": "2025-04-18", "close": 517.426453, "volume": 1881684, "typical_volume": 1812624.0, "trend": 748.695811, "fair_value": 729.60836, "relative_strength": -42.71036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.036441, "energy": 47.088693, "activity_lines": [ 497.831543, 485.005058, 515.980065, 615.110454 ] }, { "date": "2025-04-25", "close": 522.147766, "volume": 3421584, "typical_volume": 1936825.5, "trend": 730.5731, "fair_value": 728.63475, "relative_strength": -42.309164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.631575, "energy": 39.084771, "activity_lines": [ 506.8679, 493.655205, 507.859767, 600.494451 ] }, { "date": "2025-05-02", "close": 669.684204, "volume": 52558528, "typical_volume": 4529242.9, "trend": 717.176754, "fair_value": 728.931317, "relative_strength": -26.767507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 3.575208, "energy": 16.408302, "activity_lines": [ 563.627527, 527.929267, 516.722825, 596.566135 ] }, { "date": "2025-05-09", "close": 728.688721, "volume": 19740294, "typical_volume": 5486616.75, "trend": 705.299235, "fair_value": 729.798598, "relative_strength": -19.131187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 25.670208, "energy": 38.764611, "activity_lines": [ 627.315139, 568.876363, 533.169561, 597.308843 ] }, { "date": "2025-05-16", "close": 899.057495, "volume": 37953574, "typical_volume": 7367037.7, "trend": 700.293091, "fair_value": 731.602337, "relative_strength": -4.399084, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 55.808352, "energy": 60.695343, "activity_lines": [ 732.054464, 635.496413, 567.155882, 609.809376 ] }, { "date": "2025-05-23", "close": 817.820068, "volume": 29746828, "typical_volume": 8826810.2, "trend": 696.680874, "fair_value": 733.020475, "relative_strength": -12.252773, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.14377, "energy": 68.049404, "activity_lines": [ 782.194177, 679.770492, 593.958927, 617.391761 ] }, { "date": "2025-05-30", "close": 802.232056, "volume": 8407178, "typical_volume": 9034451.2, "trend": 688.065843, "fair_value": 734.161904, "relative_strength": -13.201492, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.176879, "energy": 71.581553, "activity_lines": [ 807.111646, 714.492834, 617.784859, 624.201515 ] }, { "date": "2025-06-06", "close": 822.916138, "volume": 11178254, "typical_volume": 9525956.0, "trend": 681.351015, "fair_value": 735.533283, "relative_strength": -11.594248, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.108654, "energy": 73.442309, "activity_lines": [ 820.251522, 747.486511, 642.181186, 632.901534 ] }, { "date": "2025-06-13", "close": 812.024536, "volume": 6513890, "typical_volume": 9728156.3, "trend": 675.756993, "fair_value": 737.15447, "relative_strength": -11.00594, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.605547, "energy": 50.393512, "activity_lines": [ 819.545402, 772.239265, 664.147124, 641.332084 ] }, { "date": "2025-06-20", "close": 826.463379, "volume": 8850542, "typical_volume": 10055211.1, "trend": 670.767501, "fair_value": 738.879103, "relative_strength": -9.650059, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.614258, "energy": 47.567041, "activity_lines": [ 818.096509, 793.809918, 686.156716, 651.055076 ] }, { "date": "2025-06-27", "close": 814.322754, "volume": 9430214, "typical_volume": 10395416.4, "trend": 662.119165, "fair_value": 740.28251, "relative_strength": -11.547229, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.574057, "energy": 41.657704, "activity_lines": [ 817.440348, 806.987495, 705.77696, 660.316706 ] }, { "date": "2025-07-04", "close": 932.881409, "volume": 11191881, "typical_volume": 10855228.75, "trend": 655.284426, "fair_value": 742.381213, "relative_strength": 3.521943, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.064779, "energy": 58.497688, "activity_lines": [ 856.536894, 836.323076, 735.284348, 677.785238 ] }, { "date": "2025-07-11", "close": 812.574097, "volume": 7118749, "typical_volume": 11123288.3, "trend": 646.298016, "fair_value": 743.76156, "relative_strength": -7.340439, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.383973, "energy": 48.005322, "activity_lines": [ 846.821045, 836.316716, 751.063503, 687.932958 ] }, { "date": "2025-07-18", "close": 794.787842, "volume": 1957710, "typical_volume": 11161403.8, "trend": 639.303404, "fair_value": 744.876087, "relative_strength": -7.605892, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.056456, "energy": 42.466383, "activity_lines": [ 831.865914, 830.478494, 763.406261, 697.512947 ] }, { "date": "2025-07-25", "close": 782.397339, "volume": 2628026, "typical_volume": 11187854.3, "trend": 631.539384, "fair_value": 745.89069, "relative_strength": -7.481253, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.125689, "energy": 33.521959, "activity_lines": [ 813.929728, 821.18565, 772.865284, 706.744814 ] }, { "date": "2025-08-01", "close": 631.363647, "volume": 4372458, "typical_volume": 11334222.3, "trend": 635.771956, "fair_value": 745.764504, "relative_strength": -23.441392, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.792443, "energy": 18.425853, "activity_lines": [ 748.586715, 786.553229, 766.511603, 706.733476 ] }, { "date": "2025-08-08", "close": 624.5, "volume": 2811606, "typical_volume": 11269879.5, "trend": 639.644174, "fair_value": 745.620263, "relative_strength": -22.56093, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.682513, "energy": 22.099654, "activity_lines": [ 693.153092, 754.062989, 758.63277, 706.006253 ] }, { "date": "2025-08-15", "close": 667.25, "volume": 2085721, "typical_volume": 11256684.85, "trend": 644.206957, "fair_value": 745.786251, "relative_strength": -17.095144, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.513121, "energy": 26.459832, "activity_lines": [ 672.528231, 732.576969, 754.234007, 707.787274 ] }, { "date": "2025-08-22", "close": 683.849976, "volume": 2592369, "typical_volume": 11286239.4, "trend": 649.254792, "fair_value": 746.053844, "relative_strength": -14.635618, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.53156, "energy": 31.343899, "activity_lines": [ 667.124968, 716.939419, 750.517772, 710.344888 ] }, { "date": "2025-08-29", "close": 648.700012, "volume": 1605656, "typical_volume": 11302337.3, "trend": 651.96103, "fair_value": 745.7624, "relative_strength": -16.364437, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -7.441626, "energy": 40.81117, "activity_lines": [ 657.400907, 697.241413, 742.543305, 710.309096 ] }, { "date": "2025-09-05", "close": 660.950012, "volume": 1753465, "typical_volume": 11295926.35, "trend": 656.677701, "fair_value": 745.243627, "relative_strength": -14.742855, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -2.894819, "energy": 34.372019, "activity_lines": [ 660.673336, 683.002741, 734.961935, 710.88903 ] }, { "date": "2025-09-12", "close": 692.25, "volume": 3128586, "typical_volume": 11281276.45, "trend": 664.549411, "fair_value": 744.860161, "relative_strength": -11.038854, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.957139, "energy": 14.680816, "activity_lines": [ 672.406669, 677.243571, 729.678071, 713.184017 ] }, { "date": "2025-09-19", "close": 748.049988, "volume": 5721801, "typical_volume": 8939440.1, "trend": 674.595879, "fair_value": 744.9468, "relative_strength": -3.838753, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.168717, "energy": 14.91288, "activity_lines": [ 698.223332, 686.00497, 728.898481, 718.571151 ] }, { "date": "2025-09-26", "close": 694.799988, "volume": 2384199, "typical_volume": 8071635.35, "trend": 683.188765, "fair_value": 744.931013, "relative_strength": -7.522674, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.710373, "energy": 14.339153, "activity_lines": [ 700.903329, 686.257717, 722.674291, 719.874642 ] }, { "date": "2025-10-03", "close": 725.799988, "volume": 2499649, "typical_volume": 6298939.1, "trend": 691.301985, "fair_value": 745.363109, "relative_strength": -3.492888, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.091384, "energy": 16.991996, "activity_lines": [ 713.186658, 693.964788, 719.563858, 722.623753 ] }, { "date": "2025-10-10", "close": 721.950012, "volume": 2319640, "typical_volume": 4927579.7, "trend": 700.42183, "fair_value": 745.920092, "relative_strength": -4.583967, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 21.705243, "energy": 19.408366, "activity_lines": [ 719.046663, 702.000907, 716.911796, 724.601045 ] }, { "date": "2025-10-17", "close": 705.450012, "volume": 2098660, "typical_volume": 4612153.8, "trend": 707.259676, "fair_value": 746.321343, "relative_strength": -7.424946, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.719155, "energy": 6.83372, "activity_lines": [ 715.340002, 705.39, 713.14483, 724.925444 ] }, { "date": "2025-10-24", "close": 725.450012, "volume": 4917003, "typical_volume": 4299091.25, "trend": 715.48863, "fair_value": 746.870015, "relative_strength": -4.484369, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.405088, "energy": 7.754773, "activity_lines": [ 717.420007, 710.943639, 711.743492, 726.099014 ] }, { "date": "2025-10-31", "close": 708.950012, "volume": 1771725, "typical_volume": 4061983.0, "trend": 722.699612, "fair_value": 747.186413, "relative_strength": -5.398199, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.602985, "energy": 7.742375, "activity_lines": [ 715.506677, 712.439096, 709.234851, 725.677168 ] }, { "date": "2025-11-07", "close": 676.599976, "volume": 1464171, "typical_volume": 3692664.45, "trend": 729.044596, "fair_value": 747.394401, "relative_strength": -7.936195, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.117741, "energy": 23.435816, "activity_lines": [ 701.866667, 707.596363, 704.136084, 722.702998 ] }, { "date": "2025-11-14", "close": 765.900024, "volume": 10581415, "typical_volume": 3750224.5, "trend": 737.327049, "fair_value": 748.328874, "relative_strength": 3.367223, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -1.681666, "energy": 5.109079, "activity_lines": [ 721.27334, 718.482731, 708.25572, 725.080767 ] }, { "date": "2025-11-21", "close": 721.400024, "volume": 7542804, "typical_volume": 3567770.65, "trend": 743.968791, "fair_value": 748.970083, "relative_strength": -2.36521, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -17.290711, "energy": 10.500408, "activity_lines": [ 722.916679, 719.370008, 708.367844, 724.053217 ] }, { "date": "2025-11-28", "close": 717.650024, "volume": 2789112, "typical_volume": 3351288.8, "trend": 745.567651, "fair_value": 749.62985, "relative_strength": -2.237546, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -17.14817, "energy": 9.367733, "activity_lines": [ 722.246683, 719.045467, 709.12988, 722.355232 ] }, { "date": "2025-12-05", "close": 690.099976, "volume": 1841646, "typical_volume": 3345485.6, "trend": 744.28136, "fair_value": 750.094758, "relative_strength": -4.637969, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.79643, "energy": 16.541948, "activity_lines": [ 712.913338, 714.264552, 707.720121, 718.776673 ] }, { "date": "2025-12-12", "close": 667.450012, "volume": 1689311, "typical_volume": 3298549.85, "trend": 736.56111, "fair_value": 750.4702, "relative_strength": -6.093278, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.62209, "energy": 26.10135, "activity_lines": [ 697.286674, 705.450917, 704.651736, 713.819811 ] }, { "date": "2025-12-19", "close": 639.450012, "volume": 1789483, "typical_volume": 3169401.1, "trend": 730.615442, "fair_value": 751.009481, "relative_strength": -8.596387, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.011218, "energy": 54.420803, "activity_lines": [ 672.936674, 692.607281, 699.464053, 707.554579 ] }, { "date": "2025-12-26", "close": 698.450012, "volume": 3418219, "typical_volume": 3199731.75, "trend": 727.15604, "fair_value": 751.634563, "relative_strength": 0.682823, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.640871, "energy": 46.229008, "activity_lines": [ 676.683341, 691.990918, 699.856911, 705.47939 ] }, { "date": "2026-01-02", "close": 683.75, "volume": 1998339, "typical_volume": 3195362.65, "trend": 722.517169, "fair_value": 752.245161, "relative_strength": -2.855529, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.176312, "energy": 44.69409, "activity_lines": [ 677.060006, 688.829098, 698.497625, 702.679001 ] }, { "date": "2026-01-09", "close": 680.200012, "volume": 2987974, "typical_volume": 3215142.9, "trend": 718.123018, "fair_value": 752.91339, "relative_strength": -1.272142, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.168326, "energy": 33.472521, "activity_lines": [ 678.513342, 685.780008, 696.721673, 699.948861 ] }, { "date": "2026-01-16", "close": 662.25, "volume": 1450418, "typical_volume": 3207381.0, "trend": 712.649239, "fair_value": 753.566797, "relative_strength": -4.119315, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.987736, "energy": 26.063183, "activity_lines": [ 674.643339, 679.990007, 693.253578, 696.344151 ] }, { "date": "2026-01-23", "close": 622.950012, "volume": 2491736, "typical_volume": 3244294.55, "trend": 706.270148, "fair_value": 754.128095, "relative_strength": -7.604128, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.48106, "energy": 43.281046, "activity_lines": [ 658.020007, 667.315462, 685.978102, 690.557104 ] }, { "date": "2026-01-30", "close": 712.75, "volume": 3916792, "typical_volume": 3283704.85, "trend": 698.932434, "fair_value": 755.407552, "relative_strength": 4.280758, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.964032, "energy": 20.993299, "activity_lines": [ 672.430005, 673.567278, 687.435959, 690.975159 ] }, { "date": "2026-02-06", "close": 643.150024, "volume": 2524196, "typical_volume": 3123824.6, "trend": 693.284965, "fair_value": 756.189293, "relative_strength": -7.465141, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.201629, "energy": 32.31158, "activity_lines": [ 662.686678, 667.321827, 682.167627, 687.376293 ] }, { "date": "2026-02-13", "close": 639.599976, "volume": 1524485, "typical_volume": 3080838.9, "trend": 688.112036, "fair_value": 757.116096, "relative_strength": -7.514847, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.218934, "energy": 41.135795, "activity_lines": [ 654.466667, 661.785458, 677.06072, 683.912746 ] }, { "date": "2026-02-20", "close": 642.150024, "volume": 1466037, "typical_volume": 3029158.3, "trend": 683.437126, "fair_value": 758.231869, "relative_strength": -7.869884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.597769, "energy": 31.568906, "activity_lines": [ 649.803341, 657.630916, 672.459531, 680.947455 ] }, { "date": "2026-02-27", "close": 637.799988, "volume": 1176439, "typical_volume": 2971998.25, "trend": 683.65167, "fair_value": 759.313672, "relative_strength": -7.431518, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.485983, "energy": 51.249582, "activity_lines": [ 645.030001, 653.145458, 667.842386, 678.003123 ] }, { "date": "2026-03-06", "close": 749.349976, "volume": 54395103, "typical_volume": 5586820.4, "trend": 687.813336, "fair_value": 760.996204, "relative_strength": 11.273734, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.559684, "energy": 5.468739, "activity_lines": [ 676.449992, 668.971816, 674.249764, 682.241724 ] }, { "date": "2026-03-13", "close": 638.950012, "volume": 11346413, "typical_volume": 5908290.9, "trend": 686.870003, "fair_value": 761.984495, "relative_strength": -0.322442, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.003522, "energy": 18.123659, "activity_lines": [ 668.629997, 663.8, 669.933813, 679.089251 ] }, { "date": "2026-03-20", "close": 627.200012, "volume": 3197131, "typical_volume": 5979561.2, "trend": 684.981671, "fair_value": 763.063364, "relative_strength": -2.387526, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.021193, "energy": 23.405949, "activity_lines": [ 657.173336, 657.306365, 664.910718, 675.239574 ] }, { "date": "2026-03-27", "close": 625.849976, "volume": 3511407, "typical_volume": 6081923.0, "trend": 684.220003, "fair_value": 764.062479, "relative_strength": -1.81961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.344909, "energy": 25.059038, "activity_lines": [ 646.093327, 651.530906, 660.148334, 671.424626 ] }, { "date": "2026-04-03", "close": 635.549988, "volume": 3878171, "typical_volume": 5746760.8, "trend": 683.373336, "fair_value": 764.940902, "relative_strength": -0.274887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.105808, "energy": 42.408987, "activity_lines": [ 639.333325, 648.180904, 656.551428, 668.284625 ] }, { "date": "2026-04-10", "close": 681.25, "volume": 3982313, "typical_volume": 5568736.25, "trend": 683.006669, "fair_value": 765.991854, "relative_strength": 0.467513, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.266362, "energy": 25.980675, "activity_lines": [ 647.956661, 652.910904, 657.927618, 668.147636 ] }, { "date": "2026-04-17", "close": 809.150024, "volume": 9838008, "typical_volume": 5921181.05, "trend": 685.043337, "fair_value": 767.893423, "relative_strength": 16.925487, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.10347, "energy": 27.792217, "activity_lines": [ 703.753337, 681.468182, 671.675954, 676.285917 ] }, { "date": "2026-04-24", "close": 800.549988, "volume": 10285848, "typical_volume": 6343391.15, "trend": 688.568337, "fair_value": 769.561155, "relative_strength": 16.955914, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.164226, "energy": 51.275551, "activity_lines": [ 745.336666, 705.443635, 684.169524, 683.737959 ] }, { "date": "2026-05-01", "close": 794.25, "volume": 5037511, "typical_volume": 6510801.15, "trend": 690.850004, "fair_value": 771.191065, "relative_strength": 15.121765, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.996345, "energy": 61.892669, "activity_lines": [ 773.263334, 725.347271, 695.537143, 690.556131 ] }, { "date": "2026-05-08", "close": 866.599976, "volume": 10372182, "typical_volume": 6939936.1, "trend": 695.671669, "fair_value": 773.371869, "relative_strength": 24.224073, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.410802, "energy": 82.882019, "activity_lines": [ 814.079993, 755.639995, 713.191426, 701.894838 ] }, { "date": "2026-05-15", "close": 753.400024, "volume": 13109561, "typical_volume": 7424503.2, "trend": 697.270003, "fair_value": 774.866425, "relative_strength": 10.730531, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.535307, "energy": 68.692995, "activity_lines": [ 801.760002, 761.190909, 718.983095, 705.619248 ] }, { "date": "2026-05-22", "close": 812.0, "volume": 8299655, "typical_volume": 7739569.0, "trend": 700.155003, "fair_value": 776.856081, "relative_strength": 18.856387, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.819432, "energy": 54.843422, "activity_lines": [ 804.163334, 777.322727, 730.094047, 713.021184 ] }, { "date": "2026-05-29", "close": 819.349976, "volume": 8164232, "typical_volume": 7998381.9, "trend": 703.835002, "fair_value": 778.659699, "relative_strength": 20.614087, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.158821, "energy": 43.23754, "activity_lines": [ 808.82666, 791.644541, 741.294283, 720.711182 ] }, { "date": "2026-06-05", "close": 960.150024, "volume": 14940270, "typical_volume": 8672874.5, "trend": 713.28667, "fair_value": 781.237134, "relative_strength": 41.663708, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.063394, "energy": 54.135352, "activity_lines": [ 859.170003, 828.072728, 765.241428, 737.247635 ] }, { "date": "2026-06-12", "close": 1097.150024, "volume": 6088215, "typical_volume": 8852698.45, "trend": 724.328337, "fair_value": 784.568511, "relative_strength": 58.691296, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.72521, "energy": 88.17458, "activity_lines": [ 944.120011, 883.331824, 800.817621, 762.013013 ] }, { "date": "2026-06-19", "close": 1408.650024, "volume": 19692749, "typical_volume": 9641496.3, "trend": 747.23667, "fair_value": 789.693955, "relative_strength": 97.100706, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.683618, "energy": 97.667267, "activity_lines": [ 1117.533349, 986.834555, 863.802385, 806.162799 ] }, { "date": "2026-06-26", "close": 1233.75, "volume": 0, "typical_volume": 9515286.5, "trend": 764.440002, "fair_value": 793.674544, "relative_strength": 70.173741, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.710311, "energy": 91.522641, "activity_lines": [ 1188.963346, 1045.311826, 906.816194, 837.550756 ] }, { "date": "2026-07-03", "close": 1294.0, "volume": 1961674, "typical_volume": 9537145.95, "trend": 784.570003, "fair_value": 797.919331, "relative_strength": 75.041654, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.117336, "energy": 91.445827, "activity_lines": [ 1252.36001, 1107.023644, 952.755718, 871.715917 ] }, { "date": "2026-07-10", "close": 1253.099976, "volume": 16442478, "typical_volume": 10285968.0, "trend": 804.091669, "fair_value": 801.588397, "relative_strength": 67.894317, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.985469, "energy": 86.083985, "activity_lines": [ 1270.479997, 1152.327275, 991.683811, 901.943657 ] }, { "date": "2026-07-17", "close": 1176.300049, "volume": 4496969, "typical_volume": 10451994.5, "trend": 821.98667, "fair_value": 804.781169, "relative_strength": 55.181554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.391956, "energy": 64.500754, "activity_lines": [ 1243.470012, 1175.324556, 1020.388339, 925.957101 ] }, { "date": "2026-07-24", "close": 1195.199951, "volume": 4437356, "typical_volume": 7954107.15, "trend": 838.545001, "fair_value": 808.165874, "relative_strength": 59.584614, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.330002, "energy": 57.431066, "activity_lines": [ 1217.483325, 1196.127273, 1048.328573, 950.035377 ] }, { "date": "2026-07-31", "close": 1256.5, "volume": 4044783, "typical_volume": 7589025.65, "trend": 857.636668, "fair_value": 811.937762, "relative_strength": 60.992372, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.612442, "energy": 53.571783, "activity_lines": [ 1226.159994, 1220.042727, 1079.983811, 977.000216 ] }, { "date": "2026-08-07", "close": 1277.099976, "volume": 5805240, "typical_volume": 7719431.1, "trend": 877.533333, "fair_value": 816.069091, "relative_strength": 59.855963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.903167, "energy": 51.528634, "activity_lines": [ 1240.186654, 1239.621813, 1110.660237, 1004.062365 ] } ], "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." } } }