{ "ticker": { "uuid": "ae052a32-ae57-473f-b29f-ab7f78ceed3c", "symbol": "AMJLAND", "name": "AMJ Land Holdings Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -20.596, "architecture_energy": 8.926, "architecture_maturity": 15.239, "architecture_confidence": 63.144, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 54.64, "rotation_up": 28.91, "upward_expansion": 20.47, "deceleration": 37.84, "rotation_down": 24.33, "downward_expansion": 52.14 }, "activity_lines": [ 38.708667, 38.444909, 38.574191, 38.800344 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 39.360001, "trend_reference": 39.559333, "distance_from_trend": -0.005039, "trend_direction": "Weakening", "fair_value": 46.426352, "distance_from_fair_value": -0.152206, "fair_value_direction": "Weakening", "relative_strength": -12.68676, "relative_strength_direction": "Improving", "price_momentum": -0.030303, "excess_performance": 0.013406, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.005039, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.104472, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.152206, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.070765, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.126868, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.026613, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.030303, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.699374, "read": "Supply-led" } ], "volume": { "latest": 128585, "relative_activity": 1.920014, "balance": 0.699374, "dry_up": 0.911008, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.061073, "annualized_volatility": 0.347652, "from_high_reference": -0.354754, "from_low_reference": 0.29901 }, "levels": { "trend_reference": 39.559333, "fair_value_reference": 46.426352, "structural_low": 30.299999, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": 0.050943, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.040399, "regime_survival": 0.6, "best_return": 0.42625, "worst_return": -0.220588, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.013134, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": 0.001975, "regime_survival": 0.285714, "best_return": 0.535724, "worst_return": -0.212481, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.04565, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.030435, "regime_survival": 0.333333, "best_return": 0.513949, "worst_return": -0.22853, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.091827, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.047751, "regime_survival": 0.0, "best_return": 0.502213, "worst_return": -0.331148, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-03-29", "end": "2024-04-12", "tenure": "New", "return": 0.104874, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-19", "end": "2024-07-05", "tenure": "Developing", "return": 0.372138, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-12", "end": "2024-09-20", "tenure": "Developing", "return": -0.123801, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-27", "end": "2024-11-29", "tenure": "Developing", "return": 0.3048, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2025-01-17", "tenure": "Developing", "return": -0.05988, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-24", "end": "2025-02-21", "tenure": "Developing", "return": -0.13784, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-28", "end": "2025-04-04", "tenure": "Developing", "return": -0.045546, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.206342, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.100071, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-18", "tenure": "Developing", "return": 0.020305, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-08-01", "tenure": "New", "return": -0.004621, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-08", "end": "2025-10-24", "tenure": "Developing", "return": -0.037125, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2026-07-24", "tenure": "Extended", "return": -0.303957, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.000508, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 28.79516, "volume": 78309, "typical_volume": 353723.9, "trend": 25.52347, "fair_value": 27.383308, "relative_strength": 0.50804, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.473489, "energy": 51.14885, "activity_lines": [ 29.589422, 28.92403, 27.097351, 26.128834 ] }, { "date": "2023-08-25", "close": 30.632093, "volume": 402899, "typical_volume": 369974.2, "trend": 25.628878, "fair_value": 27.461183, "relative_strength": 7.553171, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.539025, "energy": 48.619826, "activity_lines": [ 29.880683, 29.409304, 27.566898, 26.458423 ] }, { "date": "2023-09-01", "close": 29.88739, "volume": 227430, "typical_volume": 374246.65, "trend": 25.706175, "fair_value": 27.540833, "relative_strength": 4.351852, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.673461, "energy": 39.802861, "activity_lines": [ 29.850983, 29.650571, 27.928153, 26.733166 ] }, { "date": "2023-09-08", "close": 34.951366, "volume": 2283256, "typical_volume": 481839.25, "trend": 25.971998, "fair_value": 27.652631, "relative_strength": 19.648592, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.385992, "energy": 56.049035, "activity_lines": [ 31.512496, 30.728255, 28.736225, 27.329629 ] }, { "date": "2023-09-15", "close": 31.376797, "volume": 1796831, "typical_volume": 567752.05, "trend": 26.118669, "fair_value": 27.741516, "relative_strength": 5.557315, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.526221, "energy": 46.07596, "activity_lines": [ 31.760731, 30.974259, 29.146864, 27.678326 ] }, { "date": "2023-09-22", "close": 31.525736, "volume": 368018, "typical_volume": 583207.45, "trend": 26.283456, "fair_value": 27.831356, "relative_strength": 8.964799, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.838829, "energy": 44.671365, "activity_lines": [ 31.893123, 31.165547, 29.532887, 28.027169 ] }, { "date": "2023-09-29", "close": 31.525736, "volume": 598744, "typical_volume": 608225.25, "trend": 26.45975, "fair_value": 27.914024, "relative_strength": 9.158365, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.816511, "energy": 42.670014, "activity_lines": [ 31.843476, 31.312682, 29.882452, 28.365381 ] }, { "date": "2023-10-06", "close": 30.880327, "volume": 170003, "typical_volume": 613599.8, "trend": 26.663848, "fair_value": 27.990061, "relative_strength": 6.969869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.358439, "energy": 32.895345, "activity_lines": [ 31.519116, 31.306387, 30.135971, 28.650579 ] }, { "date": "2023-10-13", "close": 32.915848, "volume": 1003640, "typical_volume": 658810.95, "trend": 27.001554, "fair_value": 28.081328, "relative_strength": 13.335417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.626836, "energy": 35.089273, "activity_lines": [ 31.807068, 31.653013, 30.546913, 29.053934 ] }, { "date": "2023-10-20", "close": 31.128561, "volume": 411447, "typical_volume": 664019.6, "trend": 27.325713, "fair_value": 28.156773, "relative_strength": 8.222447, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.84081, "energy": 25.590544, "activity_lines": [ 31.634959, 31.651207, 30.739392, 29.320193 ] }, { "date": "2023-10-27", "close": 31.178207, "volume": 356439, "typical_volume": 673292.1, "trend": 27.667966, "fair_value": 28.224118, "relative_strength": 11.180631, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.057383, "energy": 22.989343, "activity_lines": [ 31.495948, 31.617808, 30.903913, 29.568741 ] }, { "date": "2023-11-03", "close": 31.327147, "volume": 232495, "typical_volume": 679345.95, "trend": 27.952715, "fair_value": 28.291171, "relative_strength": 10.566321, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.130012, "energy": 22.178935, "activity_lines": [ 31.429751, 31.568161, 31.051103, 29.804817 ] }, { "date": "2023-11-10", "close": 36.291828, "volume": 3225527, "typical_volume": 824679.65, "trend": 28.41446, "fair_value": 28.384747, "relative_strength": 26.281223, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.602983, "energy": 39.90138, "activity_lines": [ 33.031688, 32.408546, 31.639366, 30.342824 ] }, { "date": "2023-11-17", "close": 39.767105, "volume": 2065791, "typical_volume": 924675.3, "trend": 28.973965, "fair_value": 28.488441, "relative_strength": 35.370822, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.174688, "energy": 67.755873, "activity_lines": [ 35.431284, 33.764355, 32.506031, 31.075253 ] }, { "date": "2023-11-24", "close": 38.228058, "volume": 858047, "typical_volume": 942165.9, "trend": 29.473949, "fair_value": 28.598483, "relative_strength": 28.968519, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.829103, "energy": 73.372932, "activity_lines": [ 36.861113, 34.752778, 33.155584, 31.672291 ] }, { "date": "2023-12-01", "close": 37.930176, "volume": 687478, "typical_volume": 907983.5, "trend": 29.942633, "fair_value": 28.690401, "relative_strength": 24.543684, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.220791, "energy": 74.485048, "activity_lines": [ 37.718349, 35.562473, 33.722719, 32.217854 ] }, { "date": "2023-12-08", "close": 38.476292, "volume": 1031043, "typical_volume": 867006.6, "trend": 30.416369, "fair_value": 28.775531, "relative_strength": 21.69446, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.799999, "energy": 75.182427, "activity_lines": [ 38.307492, 36.355017, 34.299804, 32.768413 ] }, { "date": "2023-12-15", "close": 40.213932, "volume": 1660913, "typical_volume": 913184.7, "trend": 30.982549, "fair_value": 28.864317, "relative_strength": 23.87012, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.42125, "energy": 72.607708, "activity_lines": [ 38.999238, 37.337122, 34.999831, 33.400514 ] }, { "date": "2023-12-22", "close": 38.228058, "volume": 689793, "typical_volume": 929538.6, "trend": 31.497328, "fair_value": 28.937878, "relative_strength": 17.803367, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.125594, "energy": 49.082008, "activity_lines": [ 38.767554, 37.788457, 35.461783, 33.867966 ] }, { "date": "2023-12-29", "close": 40.412518, "volume": 775440, "typical_volume": 946177.15, "trend": 32.035605, "fair_value": 29.031678, "relative_strength": 21.776356, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.447034, "energy": 50.78663, "activity_lines": [ 39.366625, 38.540381, 36.100336, 34.443139 ] }, { "date": "2024-01-05", "close": 40.958633, "volume": 2057062, "typical_volume": 1045114.8, "trend": 32.582222, "fair_value": 29.123678, "relative_strength": 23.11446, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.236172, "energy": 49.475112, "activity_lines": [ 40.002104, 39.222799, 36.736052, 35.018818 ] }, { "date": "2024-01-12", "close": 41.455101, "volume": 923084, "typical_volume": 1071124.05, "trend": 33.142101, "fair_value": 29.223849, "relative_strength": 23.168765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.834225, "energy": 49.443378, "activity_lines": [ 40.601176, 39.817659, 37.361129, 35.591262 ] }, { "date": "2024-01-19", "close": 43.49062, "volume": 1292629, "typical_volume": 1124384.0, "trend": 33.750103, "fair_value": 29.335822, "relative_strength": 30.204675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.634763, "energy": 54.514695, "activity_lines": [ 41.680166, 40.598468, 38.128527, 36.258909 ] }, { "date": "2024-01-26", "close": 41.256512, "volume": 327458, "typical_volume": 1026594.1, "trend": 34.293498, "fair_value": 29.44501, "relative_strength": 24.500584, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.676189, "energy": 46.162714, "activity_lines": [ 41.796008, 40.842188, 38.618376, 36.743193 ] }, { "date": "2024-02-02", "close": 42.646626, "volume": 732636, "typical_volume": 973384.35, "trend": 34.819118, "fair_value": 29.55469, "relative_strength": 25.112489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.586374, "energy": 45.307858, "activity_lines": [ 42.173325, 41.311577, 39.210591, 37.282105 ] }, { "date": "2024-02-09", "close": 38.476292, "volume": 1207367, "typical_volume": 1015351.8, "trend": 35.13175, "fair_value": 29.640443, "relative_strength": 12.89164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.706835, "energy": 35.418389, "activity_lines": [ 41.011589, 40.942385, 39.351967, 37.518051 ] }, { "date": "2024-02-16", "close": 39.1217, "volume": 990921, "typical_volume": 1034960.65, "trend": 35.451101, "fair_value": 29.727528, "relative_strength": 13.063199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.152885, "energy": 22.263807, "activity_lines": [ 40.230479, 40.680611, 39.521712, 37.775467 ] }, { "date": "2024-02-23", "close": 40.660751, "volume": 421503, "typical_volume": 1047535.65, "trend": 35.808602, "fair_value": 29.829467, "relative_strength": 16.162115, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.940939, "energy": 19.052246, "activity_lines": [ 40.117946, 40.686929, 39.801862, 38.111574 ] }, { "date": "2024-03-01", "close": 37.533001, "volume": 316592, "typical_volume": 1013183.25, "trend": 36.005534, "fair_value": 29.909486, "relative_strength": 6.376216, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.675084, "energy": 16.647839, "activity_lines": [ 39.151488, 40.116442, 39.737557, 38.222825 ] }, { "date": "2024-03-08", "close": 38.277702, "volume": 1216455, "typical_volume": 1053433.65, "trend": 36.318309, "fair_value": 29.997708, "relative_strength": 7.374275, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.913892, "energy": 11.587586, "activity_lines": [ 38.681497, 39.693992, 39.72219, 38.369417 ] }, { "date": "2024-03-15", "close": 32.220791, "volume": 723652, "typical_volume": 1071794.3, "trend": 36.432497, "fair_value": 30.060511, "relative_strength": -7.832551, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.074523, "energy": 18.542148, "activity_lines": [ 36.483798, 38.209101, 39.095931, 38.105061 ] }, { "date": "2024-03-22", "close": 34.008076, "volume": 464253, "typical_volume": 1083382.2, "trend": 36.54503, "fair_value": 30.131965, "relative_strength": -3.366199, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.143884, "energy": 32.536767, "activity_lines": [ 35.298894, 37.20804, 38.634924, 37.948647 ] }, { "date": "2024-03-29", "close": 33.610901, "volume": 297599, "typical_volume": 936985.8, "trend": 36.669147, "fair_value": 30.207732, "relative_strength": -5.821379, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.917252, "energy": 44.035051, "activity_lines": [ 34.322506, 36.270166, 38.123326, 37.759348 ] }, { "date": "2024-04-05", "close": 37.235123, "volume": 474436, "typical_volume": 857418.05, "trend": 36.745272, "fair_value": 30.300808, "relative_strength": 3.022853, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.675137, "energy": 37.787651, "activity_lines": [ 35.024182, 36.170873, 37.969657, 37.795863 ] }, { "date": "2024-04-12", "close": 37.135826, "volume": 298817, "typical_volume": 829456.55, "trend": 36.937239, "fair_value": 30.395741, "relative_strength": 2.243952, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.214415, "energy": 19.165575, "activity_lines": [ 35.712618, 36.126642, 37.818589, 37.82106 ] }, { "date": "2024-04-19", "close": 35.99395, "volume": 174983, "typical_volume": 803831.8, "trend": 37.08618, "fair_value": 30.476807, "relative_strength": 0.381989, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.419298, "energy": 10.289122, "activity_lines": [ 36.096553, 35.974994, 37.563972, 37.760202 ] }, { "date": "2024-04-26", "close": 38.923111, "volume": 725467, "typical_volume": 788553.0, "trend": 37.332759, "fair_value": 30.57322, "relative_strength": 6.659031, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.634651, "energy": 8.150776, "activity_lines": [ 37.205332, 36.401053, 37.597542, 37.878714 ] }, { "date": "2024-05-03", "close": 38.972759, "volume": 473372, "typical_volume": 729175.95, "trend": 37.602507, "fair_value": 30.667457, "relative_strength": 6.012239, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.792208, "energy": 10.871485, "activity_lines": [ 38.002991, 36.839751, 37.633713, 37.98452 ] }, { "date": "2024-05-10", "close": 36.639359, "volume": 239247, "typical_volume": 706648.65, "trend": 37.726624, "fair_value": 30.747047, "relative_strength": 1.16574, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.279577, "energy": 6.4411, "activity_lines": [ 37.665393, 36.884884, 37.453566, 37.922382 ] }, { "date": "2024-05-17", "close": 39.518875, "volume": 445146, "typical_volume": 690133.95, "trend": 38.006301, "fair_value": 30.832625, "relative_strength": 6.51822, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.013254, "energy": 13.185563, "activity_lines": [ 38.327351, 37.469815, 37.555224, 38.038011 ] }, { "date": "2024-05-24", "close": 39.171349, "volume": 516947, "typical_volume": 613128.2, "trend": 38.272739, "fair_value": 30.902255, "relative_strength": 2.755409, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.235663, "energy": 11.856253, "activity_lines": [ 38.714597, 37.968991, 37.62804, 38.113175 ] }, { "date": "2024-05-31", "close": 38.823818, "volume": 1193574, "typical_volume": 626652.7, "trend": 38.522628, "fair_value": 30.970904, "relative_strength": 3.276032, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.189198, "energy": 10.02953, "activity_lines": [ 38.774173, 38.278607, 37.676268, 38.148729 ] }, { "date": "2024-06-07", "close": 39.072052, "volume": 383921, "typical_volume": 581217.3, "trend": 38.615302, "fair_value": 31.026802, "relative_strength": 0.137932, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.200548, "energy": 13.966141, "activity_lines": [ 38.923113, 38.545797, 37.760667, 38.184176 ] }, { "date": "2024-06-14", "close": 39.717464, "volume": 511043, "typical_volume": 590396.55, "trend": 38.613648, "fair_value": 31.096192, "relative_strength": 0.589022, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.070453, "energy": 20.103163, "activity_lines": [ 39.28057, 38.831041, 37.927576, 38.255283 ] }, { "date": "2024-06-21", "close": 39.896191, "volume": 308026, "typical_volume": 569166.05, "trend": 38.669252, "fair_value": 31.161114, "relative_strength": 0.49299, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.967844, "energy": 19.448449, "activity_lines": [ 39.492397, 39.103647, 38.118834, 38.338028 ] }, { "date": "2024-06-28", "close": 41.693409, "volume": 1313939, "typical_volume": 574494.65, "trend": 38.794693, "fair_value": 31.222279, "relative_strength": 2.283766, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.419574, "energy": 29.026232, "activity_lines": [ 40.278142, 39.652832, 38.494354, 38.533134 ] }, { "date": "2024-07-05", "close": 49.388668, "volume": 4720765, "typical_volume": 760986.85, "trend": 39.158439, "fair_value": 31.332773, "relative_strength": 18.74071, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 85.640397, "energy": 72.279301, "activity_lines": [ 43.460835, 41.497528, 39.587435, 39.216617 ] }, { "date": "2024-07-12", "close": 56.64703, "volume": 4769844, "typical_volume": 978403.9, "trend": 39.706209, "fair_value": 31.478257, "relative_strength": 33.957911, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.421712, "energy": 86.871076, "activity_lines": [ 48.35866, 44.471644, 41.322899, 40.344913 ] }, { "date": "2024-07-19", "close": 55.276775, "volume": 3912729, "typical_volume": 1158210.75, "trend": 40.274499, "fair_value": 31.624624, "relative_strength": 29.471938, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.242794, "energy": 87.38283, "activity_lines": [ 51.628067, 46.875271, 42.851738, 41.349466 ] }, { "date": "2024-07-26", "close": 53.201542, "volume": 226928, "typical_volume": 1108734.4, "trend": 40.7008, "fair_value": 31.740228, "relative_strength": 22.25071, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.296423, "energy": 83.34876, "activity_lines": [ 53.168443, 48.562722, 44.09844, 42.183468 ] }, { "date": "2024-08-02", "close": 55.415791, "volume": 279604, "typical_volume": 1086532.0, "trend": 41.182705, "fair_value": 31.866595, "relative_strength": 27.075484, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.445103, "energy": 83.505637, "activity_lines": [ 54.559878, 50.403988, 45.484958, 43.132823 ] }, { "date": "2024-08-09", "close": 53.132034, "volume": 161515, "typical_volume": 1071395.1, "trend": 41.571937, "fair_value": 31.995754, "relative_strength": 22.662696, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.079691, "energy": 62.129682, "activity_lines": [ 54.275236, 51.534671, 46.543523, 43.903747 ] }, { "date": "2024-08-16", "close": 51.612839, "volume": 114539, "typical_volume": 1062242.1, "trend": 41.842677, "fair_value": 32.14121, "relative_strength": 17.534214, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.221905, "energy": 49.428216, "activity_lines": [ 53.234638, 52.128988, 47.366336, 44.551547 ] }, { "date": "2024-08-23", "close": 52.824226, "volume": 140928, "typical_volume": 1045566.7, "trend": 42.228268, "fair_value": 32.294119, "relative_strength": 18.242503, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.003129, "energy": 43.83481, "activity_lines": [ 52.933447, 52.715543, 48.218796, 45.260034 ] }, { "date": "2024-08-30", "close": 55.044876, "volume": 173543, "typical_volume": 1039303.0, "trend": 42.641543, "fair_value": 32.43303, "relative_strength": 20.37042, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.233513, "energy": 42.197944, "activity_lines": [ 53.535977, 53.467548, 49.208512, 46.086912 ] }, { "date": "2024-09-06", "close": 54.16798, "volume": 150157, "typical_volume": 1038061.7, "trend": 43.164599, "fair_value": 32.57824, "relative_strength": 19.753023, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.258888, "energy": 36.168348, "activity_lines": [ 53.72332, 53.784686, 50.029434, 46.830553 ] }, { "date": "2024-09-13", "close": 53.061901, "volume": 104934, "typical_volume": 1007035.05, "trend": 43.629272, "fair_value": 32.698165, "relative_strength": 14.323685, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.507454, "energy": 33.694013, "activity_lines": [ 53.625156, 53.673909, 50.658471, 47.469089 ] }, { "date": "2024-09-20", "close": 49.634056, "volume": 111413, "typical_volume": 988937.1, "trend": 43.928382, "fair_value": 32.764747, "relative_strength": 4.782325, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.443019, "energy": 26.708118, "activity_lines": [ 52.389053, 52.873101, 50.89372, 47.856494 ] }, { "date": "2024-09-27", "close": 49.823383, "volume": 120284, "typical_volume": 982988.95, "trend": 44.338062, "fair_value": 32.84666, "relative_strength": 3.300924, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.740504, "energy": 18.812595, "activity_lines": [ 51.347979, 52.234225, 51.096231, 48.236817 ] }, { "date": "2024-10-04", "close": 47.212639, "volume": 81336, "typical_volume": 964798.45, "trend": 44.635893, "fair_value": 32.915915, "relative_strength": 2.10736, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.042841, "energy": 17.571176, "activity_lines": [ 49.636712, 51.219821, 50.98732, 48.422273 ] }, { "date": "2024-10-11", "close": 48.787056, "volume": 110409, "typical_volume": 944471.55, "trend": 45.188102, "fair_value": 33.002791, "relative_strength": 5.409624, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.692634, "energy": 17.254828, "activity_lines": [ 48.9724, 50.600563, 50.991715, 48.69009 ] }, { "date": "2024-10-18", "close": 53.171513, "volume": 215651, "typical_volume": 895575.4, "trend": 45.826883, "fair_value": 33.126869, "relative_strength": 14.741654, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.621487, "energy": 16.447346, "activity_lines": [ 50.128302, 50.899002, 51.367889, 49.205149 ] }, { "date": "2024-10-25", "close": 47.332214, "volume": 718770, "typical_volume": 912317.85, "trend": 46.28426, "fair_value": 33.221987, "relative_strength": 4.638605, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.346219, "energy": 8.761221, "activity_lines": [ 49.330463, 50.135032, 51.119617, 49.302267 ] }, { "date": "2024-11-01", "close": 51.188541, "volume": 339581, "typical_volume": 903744.75, "trend": 46.749374, "fair_value": 33.334609, "relative_strength": 12.039091, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.974319, "energy": 9.0215, "activity_lines": [ 49.971523, 50.150043, 51.19928, 49.618672 ] }, { "date": "2024-11-08", "close": 48.797024, "volume": 356303, "typical_volume": 906158.6, "trend": 47.138081, "fair_value": 33.430646, "relative_strength": 7.327889, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.969256, "energy": 6.799865, "activity_lines": [ 49.724401, 49.759971, 50.996555, 49.750779 ] }, { "date": "2024-11-15", "close": 49.932995, "volume": 244486, "typical_volume": 852685.95, "trend": 47.602716, "fair_value": 33.553728, "relative_strength": 12.576519, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.563335, "energy": 11.649507, "activity_lines": [ 49.750309, 49.690038, 50.859633, 49.931096 ] }, { "date": "2024-11-22", "close": 51.537308, "volume": 663562, "typical_volume": 649825.8, "trend": 48.023189, "fair_value": 33.682388, "relative_strength": 14.11177, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.623472, "energy": 13.541148, "activity_lines": [ 50.234593, 49.988797, 50.836267, 50.184941 ] }, { "date": "2024-11-29", "close": 65.009544, "volume": 5145438, "typical_volume": 668605.5, "trend": 48.891082, "fair_value": 33.90431, "relative_strength": 41.421973, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 72.767463, "energy": 54.906776, "activity_lines": [ 55.318568, 52.764773, 52.085739, 51.280834 ] }, { "date": "2024-12-06", "close": 64.899933, "volume": 1303597, "typical_volume": 538148.9, "trend": 49.833101, "fair_value": 34.107022, "relative_strength": 36.956622, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.657877, "energy": 71.59907, "activity_lines": [ 59.187519, 55.241266, 53.284951, 52.313664 ] }, { "date": "2024-12-13", "close": 65.069344, "volume": 785795, "typical_volume": 566092.25, "trend": 50.684783, "fair_value": 34.322113, "relative_strength": 35.788497, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.07553, "energy": 76.762161, "activity_lines": [ 62.198846, 57.474442, 54.454472, 53.296647 ] }, { "date": "2024-12-20", "close": 70.071602, "volume": 3111418, "typical_volume": 707682.95, "trend": 51.714792, "fair_value": 34.565191, "relative_strength": 51.767295, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.885886, "energy": 83.449656, "activity_lines": [ 65.792772, 60.292452, 56.043886, 54.54741 ] }, { "date": "2024-12-27", "close": 66.524185, "volume": 629815, "typical_volume": 731097.95, "trend": 52.638137, "fair_value": 34.783647, "relative_strength": 41.41958, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.167898, "energy": 76.42377, "activity_lines": [ 66.861652, 62.078486, 57.225661, 55.502854 ] }, { "date": "2025-01-03", "close": 66.643753, "volume": 673053, "typical_volume": 759023.65, "trend": 53.557194, "fair_value": 34.980284, "relative_strength": 39.337542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.72525, "energy": 66.461526, "activity_lines": [ 66.971262, 63.643483, 58.355051, 56.406442 ] }, { "date": "2025-01-10", "close": 58.741768, "volume": 458451, "typical_volume": 774899.8, "trend": 54.191337, "fair_value": 35.139128, "relative_strength": 25.080198, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.10248, "energy": 41.778416, "activity_lines": [ 64.33793, 63.420636, 58.660295, 56.740931 ] }, { "date": "2025-01-17", "close": 61.013714, "volume": 301291, "typical_volume": 781287.2, "trend": 54.895255, "fair_value": 35.316614, "relative_strength": 30.422623, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.670318, "energy": 27.04445, "activity_lines": [ 62.872458, 63.47354, 59.153736, 57.181084 ] }, { "date": "2025-01-24", "close": 56.748833, "volume": 229315, "typical_volume": 785245.1, "trend": 55.397102, "fair_value": 35.473035, "relative_strength": 21.281413, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.980862, "energy": 19.3779, "activity_lines": [ 60.255734, 62.528888, 59.212575, 57.30067 ] }, { "date": "2025-01-31", "close": 56.519646, "volume": 411889, "typical_volume": 800592.85, "trend": 55.634802, "fair_value": 35.624223, "relative_strength": 18.14537, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.233562, "energy": 21.000421, "activity_lines": [ 58.4508, 61.418643, 59.237297, 57.373092 ] }, { "date": "2025-02-07", "close": 55.164452, "volume": 259252, "typical_volume": 807984.8, "trend": 55.585382, "fair_value": 35.768919, "relative_strength": 14.438342, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.324094, "energy": 18.003064, "activity_lines": [ 56.861103, 59.97141, 59.116487, 57.342747 ] }, { "date": "2025-02-14", "close": 49.036171, "volume": 203328, "typical_volume": 812137.0, "trend": 55.377362, "fair_value": 35.893467, "relative_strength": 4.167344, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.398326, "energy": 29.3687, "activity_lines": [ 53.993932, 57.588946, 58.385697, 56.920217 ] }, { "date": "2025-02-21", "close": 48.926559, "volume": 189622, "typical_volume": 817551.3, "trend": 55.234863, "fair_value": 36.029547, "relative_strength": 4.234177, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.012267, "energy": 35.752451, "activity_lines": [ 51.737264, 55.474984, 57.648216, 56.504037 ] }, { "date": "2025-02-28", "close": 49.663948, "volume": 153396, "typical_volume": 819700.65, "trend": 55.043135, "fair_value": 36.178196, "relative_strength": 8.44318, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.330351, "energy": 50.867428, "activity_lines": [ 50.532203, 53.788599, 56.9728, 56.144623 ] }, { "date": "2025-03-07", "close": 51.716671, "volume": 152260, "typical_volume": 816531.1, "trend": 54.995956, "fair_value": 36.325573, "relative_strength": 10.177881, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.005106, "energy": 50.199516, "activity_lines": [ 50.483708, 52.846484, 56.488707, 55.930012 ] }, { "date": "2025-03-14", "close": 48.139355, "volume": 215327, "typical_volume": 791358.95, "trend": 54.880173, "fair_value": 36.422727, "relative_strength": 2.617112, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.015326, "energy": 47.712092, "activity_lines": [ 49.562973, 51.523175, 55.670845, 55.487651 ] }, { "date": "2025-03-21", "close": 49.365009, "volume": 107163, "typical_volume": 779738.05, "trend": 54.764866, "fair_value": 36.543109, "relative_strength": 0.404043, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.299707, "energy": 39.143088, "activity_lines": [ 49.519129, 50.759157, 54.965868, 55.131834 ] }, { "date": "2025-03-28", "close": 45.428959, "volume": 232110, "typical_volume": 773528.4, "trend": 54.444335, "fair_value": 36.634182, "relative_strength": -8.620933, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.579192, "energy": 40.423558, "activity_lines": [ 48.141346, 49.449979, 53.894712, 54.529517 ] }, { "date": "2025-04-04", "close": 47.401966, "volume": 86444, "typical_volume": 765626.3, "trend": 54.218801, "fair_value": 36.724727, "relative_strength": -2.461405, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.60538, "energy": 49.583699, "activity_lines": [ 47.654405, 48.782889, 53.027501, 54.075171 ] }, { "date": "2025-04-11", "close": 45.877373, "volume": 143162, "typical_volume": 739606.3, "trend": 53.979317, "fair_value": 36.817733, "relative_strength": -5.593229, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.918192, "energy": 55.388165, "activity_lines": [ 46.810065, 48.008544, 52.027142, 53.537014 ] }, { "date": "2025-04-18", "close": 48.079563, "volume": 129212, "typical_volume": 488795.0, "trend": 53.927501, "fair_value": 36.943051, "relative_strength": -5.638368, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.500151, "energy": 51.65498, "activity_lines": [ 47.089075, 47.828092, 51.263468, 53.156385 ] }, { "date": "2025-04-25", "close": 48.468185, "volume": 300378, "typical_volume": 438634.05, "trend": 53.882327, "fair_value": 37.074623, "relative_strength": -5.855778, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.332639, "energy": 37.863046, "activity_lines": [ 47.501612, 47.847115, 50.617425, 52.804171 ] }, { "date": "2025-05-02", "close": 48.488117, "volume": 121171, "typical_volume": 405402.85, "trend": 53.924843, "fair_value": 37.219185, "relative_strength": -7.220615, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.919086, "energy": 30.304576, "activity_lines": [ 47.980582, 47.88009, 50.051526, 52.456157 ] }, { "date": "2025-05-09", "close": 44.512207, "volume": 130154, "typical_volume": 256339.65, "trend": 53.782348, "fair_value": 37.353632, "relative_strength": -13.775654, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.958776, "energy": 38.030118, "activity_lines": [ 46.930304, 47.198143, 49.185928, 51.84889 ] }, { "date": "2025-05-16", "close": 55.343815, "volume": 1151039, "typical_volume": 282400.85, "trend": 53.854758, "fair_value": 37.532103, "relative_strength": 2.45573, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.746209, "energy": 12.405564, "activity_lines": [ 49.683212, 48.579247, 49.473622, 51.94963 ] }, { "date": "2025-05-23", "close": 56.260563, "volume": 273386, "typical_volume": 262417.5, "trend": 54.15237, "fair_value": 37.723665, "relative_strength": 4.333213, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.988555, "energy": 10.60022, "activity_lines": [ 52.110608, 50.061085, 49.901866, 52.104843 ] }, { "date": "2025-05-30", "close": 56.8983, "volume": 271693, "typical_volume": 253079.6, "trend": 54.342695, "fair_value": 37.913669, "relative_strength": 5.414743, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.691245, "energy": 18.562718, "activity_lines": [ 54.205182, 51.511217, 50.440291, 52.282 ] }, { "date": "2025-06-06", "close": 61.890606, "volume": 778484, "typical_volume": 276939.25, "trend": 54.779148, "fair_value": 38.141948, "relative_strength": 12.713768, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.208019, "energy": 40.355309, "activity_lines": [ 57.40185, 53.732072, 51.462951, 52.768962 ] }, { "date": "2025-06-13", "close": 60.854279, "volume": 701759, "typical_volume": 300561.45, "trend": 55.143191, "fair_value": 38.370486, "relative_strength": 11.351651, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.756988, "energy": 53.883294, "activity_lines": [ 59.359577, 55.465201, 52.382738, 53.160906 ] }, { "date": "2025-06-20", "close": 62.448627, "volume": 1871145, "typical_volume": 373524.25, "trend": 55.506902, "fair_value": 38.610499, "relative_strength": 11.710311, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.841081, "energy": 58.216966, "activity_lines": [ 60.759282, 57.243624, 53.434818, 53.632225 ] }, { "date": "2025-06-27", "close": 64.501358, "volume": 388247, "typical_volume": 379974.0, "trend": 55.489962, "fair_value": 38.866807, "relative_strength": 12.261874, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.650255, "energy": 63.432636, "activity_lines": [ 62.369576, 59.093975, 54.654163, 54.212512 ] }, { "date": "2025-07-04", "close": 64.00312, "volume": 460055, "typical_volume": 392810.35, "trend": 55.460068, "fair_value": 39.105805, "relative_strength": 11.704962, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.182301, "energy": 55.442118, "activity_lines": [ 63.264405, 60.555159, 55.781595, 54.761748 ] }, { "date": "2025-07-11", "close": 61.990253, "volume": 223084, "typical_volume": 394483.45, "trend": 55.357432, "fair_value": 39.342566, "relative_strength": 9.387487, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.188372, "energy": 45.485294, "activity_lines": [ 63.014623, 61.367914, 56.646055, 55.18305 ] }, { "date": "2025-07-18", "close": 62.089901, "volume": 214197, "typical_volume": 397523.5, "trend": 55.091375, "fair_value": 39.576828, "relative_strength": 10.140159, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 59.427142, "energy": 45.657312, "activity_lines": [ 62.791415, 61.953294, 57.457796, 55.617403 ] }, { "date": "2025-07-25", "close": 60.375977, "volume": 125350, "typical_volume": 396178.0, "trend": 54.886435, "fair_value": 39.802614, "relative_strength": 7.402393, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.937586, "energy": 36.34747, "activity_lines": [ 61.914523, 61.907457, 58.047136, 55.958345 ] }, { "date": "2025-08-01", "close": 60.096966, "volume": 199475, "typical_volume": 395385.4, "trend": 54.668209, "fair_value": 40.023775, "relative_strength": 7.900808, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.868101, "energy": 25.693764, "activity_lines": [ 61.082804, 61.719396, 58.568668, 56.294508 ] }, { "date": "2025-08-08", "close": 56.061268, "volume": 325559, "typical_volume": 406305.2, "trend": 54.578859, "fair_value": 40.220648, "relative_strength": 1.385966, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.481552, "energy": 18.49638, "activity_lines": [ 59.199479, 60.72782, 58.648907, 56.384383 ] }, { "date": "2025-08-15", "close": 52.962257, "volume": 190519, "typical_volume": 404225.65, "trend": 54.310477, "fair_value": 40.359718, "relative_strength": -5.29848, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.404887, "energy": 16.980137, "activity_lines": [ 56.812607, 59.188006, 58.402116, 56.280086 ] }, { "date": "2025-08-22", "close": 56.889999, "volume": 171589, "typical_volume": 408482.9, "trend": 54.315182, "fair_value": 40.514166, "relative_strength": 0.61206, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.119553, "energy": 20.862525, "activity_lines": [ 56.336849, 58.52466, 58.493522, 56.446507 ] }, { "date": "2025-08-29", "close": 57.0, "volume": 112049, "typical_volume": 406927.25, "trend": 54.331194, "fair_value": 40.679435, "relative_strength": 2.503805, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.275612, "energy": 18.000088, "activity_lines": [ 56.244418, 57.953392, 58.550223, 56.619721 ] }, { "date": "2025-09-05", "close": 56.869999, "volume": 137976, "typical_volume": 407365.45, "trend": 54.388046, "fair_value": 40.843555, "relative_strength": 0.870039, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.332143, "energy": 15.638669, "activity_lines": [ 56.333718, 57.457554, 58.541578, 56.783515 ] }, { "date": "2025-09-12", "close": 56.32, "volume": 152034, "typical_volume": 399948.25, "trend": 54.63084, "fair_value": 41.01964, "relative_strength": -1.713518, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.153759, "energy": 9.761944, "activity_lines": [ 56.454817, 57.000468, 58.438694, 56.908157 ] }, { "date": "2025-09-19", "close": 57.23, "volume": 147675, "typical_volume": 401273.45, "trend": 54.907621, "fair_value": 41.199662, "relative_strength": -1.244553, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.090427, "energy": 11.408102, "activity_lines": [ 56.862, 56.848529, 58.385086, 57.075845 ] }, { "date": "2025-09-26", "close": 53.77, "volume": 146043, "typical_volume": 402067.9, "trend": 55.04449, "fair_value": 41.368885, "relative_strength": -4.906753, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.207505, "energy": 13.291412, "activity_lines": [ 55.831333, 56.15405, 57.960326, 57.00245 ] }, { "date": "2025-10-03", "close": 55.5, "volume": 74886, "typical_volume": 348260.25, "trend": 55.170601, "fair_value": 41.540029, "relative_strength": -3.069702, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 4.175617, "energy": 14.488625, "activity_lines": [ 55.585333, 55.925387, 57.656244, 57.031838 ] }, { "date": "2025-10-10", "close": 53.98, "volume": 117050, "typical_volume": 340443.45, "trend": 55.365289, "fair_value": 41.711547, "relative_strength": -7.322483, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.297258, "energy": 26.279964, "activity_lines": [ 54.932667, 55.509014, 57.206656, 56.955025 ] }, { "date": "2025-10-17", "close": 53.25, "volume": 84357, "typical_volume": 331076.65, "trend": 55.494789, "fair_value": 41.881546, "relative_strength": -10.034138, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.206791, "energy": 40.044638, "activity_lines": [ 54.229333, 55.071132, 56.698404, 56.818555 ] }, { "date": "2025-10-24", "close": 53.98, "volume": 58198, "typical_volume": 295062.35, "trend": 55.779823, "fair_value": 42.04358, "relative_strength": -9.204935, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.322737, "energy": 33.092463, "activity_lines": [ 53.974, 54.817091, 56.277049, 56.720826 ] }, { "date": "2025-10-31", "close": 54.580002, "volume": 237432, "typical_volume": 271846.0, "trend": 56.019091, "fair_value": 42.210724, "relative_strength": -7.947107, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -26.941027, "energy": 31.096388, "activity_lines": [ 54.135334, 54.653637, 55.950506, 56.643419 ] }, { "date": "2025-11-07", "close": 54.43, "volume": 276618, "typical_volume": 192119.65, "trend": 56.304179, "fair_value": 42.377223, "relative_strength": -7.460908, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -24.129419, "energy": 24.105716, "activity_lines": [ 54.192667, 54.504909, 55.639555, 56.540897 ] }, { "date": "2025-11-14", "close": 53.299999, "volume": 128093, "typical_volume": 179111.95, "trend": 56.478193, "fair_value": 42.539323, "relative_strength": -10.794985, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.297522, "energy": 33.058153, "activity_lines": [ 53.944667, 54.197455, 55.259169, 56.347078 ] }, { "date": "2025-11-21", "close": 53.869999, "volume": 246071, "typical_volume": 168412.75, "trend": 56.658254, "fair_value": 42.708871, "relative_strength": -10.321093, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.673507, "energy": 29.212019, "activity_lines": [ 53.932, 54.058545, 54.986408, 56.178808 ] }, { "date": "2025-11-28", "close": 53.290001, "volume": 125019, "typical_volume": 163509.5, "trend": 56.818317, "fair_value": 42.858578, "relative_strength": -11.253994, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.367427, "energy": 31.254174, "activity_lines": [ 53.684667, 53.858727, 54.706662, 55.961501 ] }, { "date": "2025-12-05", "close": 52.48, "volume": 85861, "typical_volume": 157092.7, "trend": 57.08391, "fair_value": 43.009099, "relative_strength": -12.086171, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.896637, "energy": 37.787913, "activity_lines": [ 53.213333, 53.583273, 54.391204, 55.68161 ] }, { "date": "2025-12-12", "close": 50.389999, "volume": 119823, "typical_volume": 156816.35, "trend": 56.918782, "fair_value": 43.144642, "relative_strength": -14.636508, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.453183, "energy": 53.050672, "activity_lines": [ 52.185333, 52.951273, 53.922458, 55.249745 ] }, { "date": "2025-12-19", "close": 50.970001, "volume": 90368, "typical_volume": 151361.0, "trend": 56.74243, "fair_value": 43.308246, "relative_strength": -12.639022, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.429427, "energy": 55.807366, "activity_lines": [ 51.62, 52.517636, 53.556504, 54.865952 ] }, { "date": "2025-12-26", "close": 50.240002, "volume": 68236, "typical_volume": 138494.85, "trend": 56.520487, "fair_value": 43.45737, "relative_strength": -13.501256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.860292, "energy": 62.291946, "activity_lines": [ 50.966667, 52.006, 53.164487, 54.446441 ] }, { "date": "2026-01-02", "close": 51.369999, "volume": 118451, "typical_volume": 134891.45, "trend": 56.1698, "fair_value": 43.60204, "relative_strength": -11.890416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.12085, "energy": 53.212332, "activity_lines": [ 50.932, 51.754546, 52.90781, 54.114151 ] }, { "date": "2026-01-09", "close": 49.360001, "volume": 93607, "typical_volume": 130992.35, "trend": 55.786658, "fair_value": 43.729716, "relative_strength": -12.767728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.363406, "energy": 49.53712, "activity_lines": [ 50.355334, 51.185091, 52.467286, 53.674809 ] }, { "date": "2026-01-16", "close": 50.470001, "volume": 81445, "typical_volume": 129462.15, "trend": 55.38737, "fair_value": 43.866088, "relative_strength": -10.323652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.540384, "energy": 39.658658, "activity_lines": [ 50.356667, 50.912364, 52.168334, 53.331799 ] }, { "date": "2026-01-23", "close": 42.48, "volume": 326062, "typical_volume": 138866.45, "trend": 54.653325, "fair_value": 43.962307, "relative_strength": -22.053598, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.063744, "energy": 62.980817, "activity_lines": [ 47.689334, 49.25891, 51.139524, 52.499066 ] }, { "date": "2026-01-30", "close": 41.970001, "volume": 119793, "typical_volume": 137254.4, "trend": 53.918887, "fair_value": 44.054625, "relative_strength": -23.310519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.108985, "energy": 76.726998, "activity_lines": [ 45.418001, 47.709455, 50.130667, 51.680787 ] }, { "date": "2026-02-06", "close": 40.59, "volume": 235029, "typical_volume": 141622.1, "trend": 53.205546, "fair_value": 44.14189, "relative_strength": -26.410243, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.065206, "energy": 84.563655, "activity_lines": [ 43.238, 46.125455, 49.058715, 50.820859 ] }, { "date": "2026-02-13", "close": 39.57, "volume": 242706, "typical_volume": 146455.25, "trend": 52.454882, "fair_value": 44.222616, "relative_strength": -27.25126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.316242, "energy": 87.607363, "activity_lines": [ 41.436667, 44.586909, 47.968857, 49.941146 ] }, { "date": "2026-02-20", "close": 40.57, "volume": 137357, "typical_volume": 149578.8, "trend": 51.794683, "fair_value": 44.312282, "relative_strength": -25.328505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.009996, "energy": 82.219038, "activity_lines": [ 40.621333, 43.464909, 47.041857, 49.174379 ] }, { "date": "2026-02-27", "close": 40.25, "volume": 92670, "typical_volume": 148359.8, "trend": 51.133118, "fair_value": 44.40211, "relative_strength": -24.319743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.26107, "energy": 78.187679, "activity_lines": [ 40.359333, 42.463273, 46.155476, 48.429561 ] }, { "date": "2026-03-06", "close": 38.419998, "volume": 71120, "typical_volume": 147697.95, "trend": 50.545075, "fair_value": 44.48969, "relative_strength": -25.117017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.814319, "energy": 65.258393, "activity_lines": [ 39.635999, 41.323818, 45.160191, 47.60936 ] }, { "date": "2026-03-13", "close": 37.099998, "volume": 85186, "typical_volume": 149047.35, "trend": 50.016333, "fair_value": 44.581455, "relative_strength": -23.246742, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.452233, "energy": 62.342655, "activity_lines": [ 38.709332, 40.159272, 44.109809, 46.741935 ] }, { "date": "2026-03-20", "close": 38.23, "volume": 95237, "typical_volume": 141937.6, "trend": 49.394333, "fair_value": 44.689316, "relative_strength": -20.446562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.841146, "energy": 57.347967, "activity_lines": [ 38.391999, 39.459636, 43.247428, 45.981527 ] }, { "date": "2026-03-27", "close": 34.939999, "volume": 238386, "typical_volume": 140026.0, "trend": 48.659, "fair_value": 44.779248, "relative_strength": -26.079388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.144281, "energy": 61.650114, "activity_lines": [ 37.067332, 38.364181, 42.149571, 45.048989 ] }, { "date": "2026-04-03", "close": 37.040001, "volume": 111050, "typical_volume": 139173.85, "trend": 47.998, "fair_value": 44.870628, "relative_strength": -20.947051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.563465, "energy": 53.342981, "activity_lines": [ 36.818, 37.932909, 41.344524, 44.299376 ] }, { "date": "2026-04-10", "close": 42.849998, "volume": 136988, "typical_volume": 133719.7, "trend": 47.549, "fair_value": 45.001465, "relative_strength": -13.448937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.633694, "energy": 35.749711, "activity_lines": [ 38.719333, 38.656908, 41.170238, 43.967247 ] }, { "date": "2026-04-17", "close": 44.040001, "volume": 34460, "typical_volume": 129191.75, "trend": 47.109333, "fair_value": 45.136452, "relative_strength": -11.981315, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.814986, "energy": 22.661823, "activity_lines": [ 40.722, 39.581272, 41.161762, 43.74086 ] }, { "date": "2026-04-24", "close": 41.799999, "volume": 185899, "typical_volume": 134193.65, "trend": 46.710333, "fair_value": 45.2555, "relative_strength": -14.652142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.921851, "energy": 21.944705, "activity_lines": [ 41.515333, 40.035636, 40.984, 43.398322 ] }, { "date": "2026-05-01", "close": 40.349998, "volume": 56987, "typical_volume": 131051.85, "trend": 46.205333, "fair_value": 45.361143, "relative_strength": -17.715248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.836477, "energy": 23.10368, "activity_lines": [ 41.587332, 40.185817, 40.718999, 42.987978 ] }, { "date": "2026-05-08", "close": 41.77, "volume": 48768, "typical_volume": 128971.85, "trend": 45.798333, "fair_value": 45.47336, "relative_strength": -15.348102, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.042119, "energy": 18.474318, "activity_lines": [ 41.771999, 40.598181, 40.637047, 42.701828 ] }, { "date": "2026-05-15", "close": 38.439999, "volume": 96041, "typical_volume": 130362.1, "trend": 45.304667, "fair_value": 45.570869, "relative_strength": -19.8993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.483814, "energy": 18.332352, "activity_lines": [ 40.531333, 40.377454, 40.281761, 42.227096 ] }, { "date": "2026-05-22", "close": 37.630001, "volume": 51068, "typical_volume": 126992.95, "trend": 44.759667, "fair_value": 45.666031, "relative_strength": -21.332969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.832973, "energy": 29.097718, "activity_lines": [ 39.314666, 40.009091, 39.905523, 41.731957 ] }, { "date": "2026-05-29", "close": 37.02, "volume": 45309, "typical_volume": 124578.05, "trend": 44.174333, "fair_value": 45.747799, "relative_strength": -21.500384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.897313, "energy": 38.539465, "activity_lines": [ 38.322, 39.520182, 39.536619, 41.232623 ] }, { "date": "2026-06-05", "close": 36.790001, "volume": 6413, "typical_volume": 120826.45, "trend": 43.586333, "fair_value": 45.826196, "relative_strength": -20.69764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.632833, "energy": 53.202423, "activity_lines": [ 37.571334, 39.011454, 39.204571, 40.756215 ] }, { "date": "2026-06-12", "close": 36.189999, "volume": 13327, "typical_volume": 105189.7, "trend": 43.016, "fair_value": 45.900114, "relative_strength": -22.135683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.691126, "energy": 58.187929, "activity_lines": [ 36.858, 38.36, 38.880523, 40.279032 ] }, { "date": "2026-06-19", "close": 39.009998, "volume": 7462, "typical_volume": 99573.15, "trend": 42.520666, "fair_value": 45.988316, "relative_strength": -16.730412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.710401, "energy": 40.078371, "activity_lines": [ 37.456666, 38.236727, 38.854999, 40.02058 ] }, { "date": "2026-06-26", "close": 38.66, "volume": 0, "typical_volume": 87821.7, "trend": 42.033, "fair_value": 46.076171, "relative_strength": -16.880076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.299852, "energy": 30.725668, "activity_lines": [ 37.900666, 38.119636, 38.810238, 39.771505 ] }, { "date": "2026-07-03", "close": 38.57, "volume": 14141, "typical_volume": 76393.45, "trend": 41.569333, "fair_value": 46.151119, "relative_strength": -17.04475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.565668, "energy": 22.103043, "activity_lines": [ 38.246, 38.084, 38.766095, 39.548086 ] }, { "date": "2026-07-10", "close": 38.18, "volume": 49074, "typical_volume": 71979.3, "trend": 41.162333, "fair_value": 46.209341, "relative_strength": -16.926406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.735881, "energy": 16.41482, "activity_lines": [ 38.358, 38.036182, 38.689571, 39.329419 ] }, { "date": "2026-07-17", "close": 37.16, "volume": 34670, "typical_volume": 69079.3, "trend": 40.702, "fair_value": 46.25818, "relative_strength": -18.779568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.156666, "energy": 22.4675, "activity_lines": [ 38.037333, 37.842363, 38.527285, 39.071204 ] }, { "date": "2026-07-24", "close": 37.990002, "volume": 26865, "typical_volume": 66866.55, "trend": 40.293666, "fair_value": 46.30981, "relative_strength": -14.254957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.222216, "energy": 21.148788, "activity_lines": [ 37.928667, 37.883273, 38.458762, 38.896236 ] }, { "date": "2026-07-31", "close": 39.34, "volume": 53924, "typical_volume": 65303.45, "trend": 39.892667, "fair_value": 46.359265, "relative_strength": -12.701426, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.175714, "energy": 14.311502, "activity_lines": [ 38.338001, 38.177818, 38.520857, 38.834709 ] }, { "date": "2026-08-07", "close": 39.360001, "volume": 128585, "typical_volume": 66970.85, "trend": 39.559333, "fair_value": 46.426352, "relative_strength": -12.68676, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.595721, "energy": 8.926218, "activity_lines": [ 38.708667, 38.444909, 38.574191, 38.800344 ] } ], "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." } } }