{ "ticker": { "uuid": "b563eca6-1eb3-4179-bf96-48e6a3fbcedb", "symbol": "MMFL", "name": "M M Forgings 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": "Early expansion", "architecture_gate": "up", "architecture_direction": 94.337, "architecture_energy": 96.367, "architecture_maturity": 30.0, "architecture_confidence": 77.888, "architecture_tenure": "Developing", "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": 3.65, "rotation_up": 89.11, "upward_expansion": 99.93, "deceleration": 39.02, "rotation_down": 8.32, "downward_expansion": 21.93 }, "activity_lines": [ 571.976652, 538.109166, 504.242286, 485.901407 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 629.099976, "trend_reference": 463.642586, "distance_from_trend": 0.356864, "trend_direction": "Improving", "fair_value": 439.777682, "distance_from_fair_value": 0.430495, "fair_value_direction": "Improving", "relative_strength": 55.549984, "relative_strength_direction": "Improving", "price_momentum": 0.472341, "excess_performance": 0.51605, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.356864, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.136116, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.430495, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.307608, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.5555, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.1938, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.472341, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.41231, "read": "Demand-led" } ], "volume": { "latest": 1473565, "relative_activity": 3.15906, "balance": 3.41231, "dry_up": 1.610044, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.060406, "annualized_volatility": 0.363445, "from_high_reference": -0.024197, "from_low_reference": 1.2034 }, "levels": { "trend_reference": 463.642586, "fair_value_reference": 439.777682, "structural_low": 361.574134, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": 0.005124, "positive_rate": 0.521739, "directional_follow_through": 0.521739, "median_excess_return": -0.026047, "regime_survival": 0.73913, "best_return": 0.201949, "worst_return": -0.115971, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.053105, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.042467, "regime_survival": 0.444444, "best_return": 0.122538, "worst_return": -0.173154, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.059682, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.147734, "regime_survival": 0.2, "best_return": 0.251775, "worst_return": -0.121735, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.091874, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.058625, "regime_survival": 0.5, "best_return": 0.276994, "worst_return": -0.422356, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-03", "end": "2024-08-09", "tenure": "Established", "return": 0.01489, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-10-18", "tenure": "Developing", "return": -0.093857, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-10-25", "end": "2024-11-08", "tenure": "New", "return": -0.032855, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-15", "end": "2025-06-06", "tenure": "Extended", "return": -0.122641, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-08-08", "tenure": "Developing", "return": -0.161169, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-15", "end": "2025-09-19", "tenure": "Developing", "return": 0.115172, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-10-03", "tenure": "New", "return": 0.011178, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-10", "end": "2025-12-12", "tenure": "Developing", "return": 0.151554, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-19", "end": "2026-01-09", "tenure": "New", "return": 0.091466, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-03-20", "tenure": "Developing", "return": 0.006936, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.247562, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-06-05", "tenure": "Developing", "return": -0.088693, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-07-03", "tenure": "New", "return": 0.120759, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.201949, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 446.207428, "volume": 860248, "typical_volume": 378559.2, "trend": 427.564705, "fair_value": 348.738465, "relative_strength": 0.12733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.709591, "energy": 62.889429, "activity_lines": [ 478.206124, 469.182499, 451.037773, 439.832542 ] }, { "date": "2023-08-25", "close": 448.300018, "volume": 290978, "typical_volume": 391204.9, "trend": 428.69724, "fair_value": 350.718967, "relative_strength": 1.006204, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.208207, "energy": 42.623231, "activity_lines": [ 468.771653, 467.100534, 452.103289, 441.170304 ] }, { "date": "2023-09-01", "close": 455.332062, "volume": 276702, "typical_volume": 403200.2, "trend": 430.432219, "fair_value": 352.824414, "relative_strength": 1.948739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.22635, "energy": 22.888096, "activity_lines": [ 461.44436, 465.821978, 453.611846, 442.88868 ] }, { "date": "2023-09-08", "close": 453.458466, "volume": 317290, "typical_volume": 404177.0, "trend": 431.59899, "fair_value": 354.820726, "relative_strength": -0.318029, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.745119, "energy": 24.268223, "activity_lines": [ 455.054675, 463.910778, 454.684331, 444.374244 ] }, { "date": "2023-09-15", "close": 446.767059, "volume": 377036, "typical_volume": 416462.9, "trend": 432.402585, "fair_value": 356.602953, "relative_strength": -3.527555, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.387548, "energy": 20.767682, "activity_lines": [ 450.431521, 460.734295, 454.901316, 445.352829 ] }, { "date": "2023-09-22", "close": 432.751617, "volume": 376988, "typical_volume": 423673.1, "trend": 433.503266, "fair_value": 358.324964, "relative_strength": -4.000362, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.717173, "energy": 14.691543, "activity_lines": [ 444.677724, 455.023706, 453.575854, 445.375348 ] }, { "date": "2023-09-29", "close": 426.887482, "volume": 372364, "typical_volume": 430499.7, "trend": 434.243382, "fair_value": 360.065125, "relative_strength": -5.061342, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.13014, "energy": 13.127782, "activity_lines": [ 437.86627, 448.646405, 451.703783, 444.948523 ] }, { "date": "2023-10-06", "close": 421.534393, "volume": 184478, "typical_volume": 417567.6, "trend": 434.807478, "fair_value": 361.797848, "relative_strength": -6.143644, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.296863, "energy": 24.696244, "activity_lines": [ 430.697955, 441.620542, 449.361011, 444.128588 ] }, { "date": "2023-10-13", "close": 430.537354, "volume": 207384, "typical_volume": 416792.7, "trend": 435.752206, "fair_value": 363.603707, "relative_strength": -4.556273, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.360834, "energy": 27.132388, "activity_lines": [ 428.783805, 437.272123, 447.880675, 443.853096 ] }, { "date": "2023-10-20", "close": 435.184845, "volume": 229792, "typical_volume": 422374.7, "trend": 436.615886, "fair_value": 365.412327, "relative_strength": -2.575244, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.0757, "energy": 27.212831, "activity_lines": [ 429.946893, 435.275539, 446.74412, 443.816492 ] }, { "date": "2023-10-27", "close": 422.361694, "volume": 150562, "typical_volume": 421492.7, "trend": 437.178566, "fair_value": 367.180743, "relative_strength": -3.006637, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.268095, "energy": 23.494741, "activity_lines": [ 427.607745, 432.123834, 444.299992, 442.896867 ] }, { "date": "2023-11-03", "close": 428.396088, "volume": 110904, "typical_volume": 414022.4, "trend": 438.101849, "fair_value": 368.905835, "relative_strength": -2.668873, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.065392, "energy": 15.005019, "activity_lines": [ 427.972723, 430.50285, 442.382366, 442.330255 ] }, { "date": "2023-11-10", "close": 430.05072, "volume": 217350, "typical_volume": 398058.0, "trend": 439.06257, "fair_value": 370.620458, "relative_strength": -3.462109, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.903243, "energy": 15.956042, "activity_lines": [ 428.788672, 429.544598, 440.592661, 441.810828 ] }, { "date": "2023-11-17", "close": 450.927887, "volume": 396020, "typical_volume": 393047.0, "trend": 440.505782, "fair_value": 372.474408, "relative_strength": -0.313604, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 2.255792, "energy": 5.110086, "activity_lines": [ 435.995921, 432.841856, 440.835173, 442.576332 ] }, { "date": "2023-11-24", "close": 424.308258, "volume": 276934, "typical_volume": 391308.0, "trend": 441.210661, "fair_value": 374.046086, "relative_strength": -6.400834, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.09528, "energy": 8.676202, "activity_lines": [ 432.970591, 431.345191, 438.541786, 441.53133 ] }, { "date": "2023-12-01", "close": 431.291656, "volume": 163662, "typical_volume": 389194.8, "trend": 441.078825, "fair_value": 375.479732, "relative_strength": -7.005407, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.424874, "energy": 15.395332, "activity_lines": [ 432.998167, 431.526577, 437.02414, 440.891395 ] }, { "date": "2023-12-08", "close": 423.334961, "volume": 295360, "typical_volume": 397728.1, "trend": 440.686598, "fair_value": 376.797624, "relative_strength": -11.614892, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.595939, "energy": 22.992736, "activity_lines": [ 429.77818, 430.287836, 434.860294, 439.746629 ] }, { "date": "2023-12-15", "close": 448.95694, "volume": 953842, "typical_volume": 415303.4, "trend": 441.565605, "fair_value": 378.363903, "relative_strength": -8.228793, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -23.776321, "energy": 12.599142, "activity_lines": [ 435.436261, 433.772227, 435.238602, 440.2802 ] }, { "date": "2023-12-22", "close": 498.132721, "volume": 2795342, "typical_volume": 464195.9, "trend": 444.510635, "fair_value": 380.320394, "relative_strength": 2.184741, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 35.762999, "energy": 35.874516, "activity_lines": [ 456.225855, 445.699078, 440.442256, 443.929691 ] }, { "date": "2023-12-29", "close": 470.904846, "volume": 548830, "typical_volume": 470103.3, "trend": 446.305556, "fair_value": 382.049814, "relative_strength": -5.078512, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.572377, "energy": 41.508024, "activity_lines": [ 464.792501, 451.4464, 443.125545, 445.632543 ] }, { "date": "2024-01-05", "close": 479.39679, "volume": 380240, "typical_volume": 446102.9, "trend": 448.544137, "fair_value": 383.778999, "relative_strength": -3.258708, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.07611, "energy": 51.451747, "activity_lines": [ 473.083356, 458.088257, 446.755589, 447.767462 ] }, { "date": "2024-01-12", "close": 483.265656, "volume": 437182, "typical_volume": 453413.1, "trend": 450.580758, "fair_value": 385.373552, "relative_strength": -3.241684, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.470531, "energy": 60.458522, "activity_lines": [ 479.456824, 464.396542, 450.596052, 450.00756 ] }, { "date": "2024-01-19", "close": 466.013947, "volume": 315302, "typical_volume": 455343.1, "trend": 451.472133, "fair_value": 386.905011, "relative_strength": -5.401356, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.033915, "energy": 43.527033, "activity_lines": [ 476.084343, 466.570525, 452.626992, 451.003249 ] }, { "date": "2024-01-26", "close": 447.935028, "volume": 211828, "typical_volume": 450070.0, "trend": 451.377238, "fair_value": 388.24636, "relative_strength": -7.723175, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.667353, "energy": 19.491101, "activity_lines": [ 465.548421, 464.803554, 452.885265, 450.775049 ] }, { "date": "2024-02-02", "close": 452.387848, "volume": 577112, "typical_volume": 460073.8, "trend": 451.538642, "fair_value": 389.59518, "relative_strength": -8.797624, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 8.777704, "energy": 7.7949, "activity_lines": [ 459.843286, 463.900603, 453.593917, 450.84025 ] }, { "date": "2024-02-09", "close": 436.158173, "volume": 480540, "typical_volume": 465251.4, "trend": 450.919789, "fair_value": 390.900895, "relative_strength": -11.526047, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -12.711336, "energy": 15.565097, "activity_lines": [ 449.962726, 459.536263, 452.730121, 449.847961 ] }, { "date": "2024-02-16", "close": 460.977203, "volume": 974928, "typical_volume": 495379.6, "trend": 451.46078, "fair_value": 392.422515, "relative_strength": -7.379253, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.632472, "energy": 9.878741, "activity_lines": [ 451.23775, 459.595993, 454.213819, 450.496827 ] }, { "date": "2024-02-23", "close": 469.639496, "volume": 1092046, "typical_volume": 540758.0, "trend": 451.156624, "fair_value": 393.963776, "relative_strength": -6.230226, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.303351, "energy": 16.752796, "activity_lines": [ 456.886102, 460.54628, 456.360167, 451.669647 ] }, { "date": "2024-03-01", "close": 455.161713, "volume": 805356, "typical_volume": 570656.6, "trend": 449.2149, "fair_value": 395.411009, "relative_strength": -9.430913, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.505556, "energy": 12.406088, "activity_lines": [ 457.466823, 458.488197, 456.898605, 451.92804 ] }, { "date": "2024-03-08", "close": 446.256073, "volume": 233770, "typical_volume": 570855.5, "trend": 447.427281, "fair_value": 396.684939, "relative_strength": -11.557258, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.395641, "energy": 7.943911, "activity_lines": [ 454.597219, 455.592198, 456.471629, 451.737148 ] }, { "date": "2024-03-15", "close": 429.05307, "volume": 707500, "typical_volume": 598702.4, "trend": 446.855469, "fair_value": 397.98344, "relative_strength": -12.849495, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.418521, "energy": 10.821133, "activity_lines": [ 446.402065, 450.016539, 454.353552, 450.551715 ] }, { "date": "2024-03-22", "close": 429.637054, "volume": 288790, "typical_volume": 607596.7, "trend": 446.23337, "fair_value": 399.225973, "relative_strength": -12.666928, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.393596, "energy": 25.104192, "activity_lines": [ 438.875246, 445.4624, 452.259228, 449.44085 ] }, { "date": "2024-03-29", "close": 425.622192, "volume": 240650, "typical_volume": 608761.7, "trend": 445.243041, "fair_value": 400.463234, "relative_strength": -14.056074, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.190538, "energy": 39.725212, "activity_lines": [ 432.099483, 441.153351, 449.776627, 448.111096 ] }, { "date": "2024-04-05", "close": 426.887482, "volume": 539164, "typical_volume": 615918.9, "trend": 444.357342, "fair_value": 401.766483, "relative_strength": -14.232716, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.187638, "energy": 42.609242, "activity_lines": [ 428.67997, 437.80875, 447.435618, 446.926866 ] }, { "date": "2024-04-12", "close": 419.247131, "volume": 273172, "typical_volume": 615730.8, "trend": 443.440011, "fair_value": 403.047939, "relative_strength": -15.503287, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.914538, "energy": 46.911305, "activity_lines": [ 424.598622, 433.457678, 444.481435, 445.306853 ] }, { "date": "2024-04-19", "close": 514.75177, "volume": 2795554, "typical_volume": 747325.4, "trend": 446.173349, "fair_value": 404.967107, "relative_strength": 5.479136, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 49.808589, "energy": 22.504537, "activity_lines": [ 454.152751, 447.073643, 450.647032, 449.907612 ] }, { "date": "2024-04-26", "close": 556.043823, "volume": 1687340, "typical_volume": 816924.4, "trend": 450.47856, "fair_value": 407.167461, "relative_strength": 12.309772, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.148018, "energy": 63.21017, "activity_lines": [ 491.75765, 466.76828, 460.347777, 456.996029 ] }, { "date": "2024-05-03", "close": 547.381531, "volume": 960746, "typical_volume": 817269.6, "trend": 454.673465, "fair_value": 409.26403, "relative_strength": 10.259626, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.066695, "energy": 76.833748, "activity_lines": [ 518.048, 483.159471, 468.591594, 463.247834 ] }, { "date": "2024-05-10", "close": 555.946472, "volume": 969630, "typical_volume": 725984.0, "trend": 458.853769, "fair_value": 411.42497, "relative_strength": 13.976807, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.368959, "energy": 81.656635, "activity_lines": [ 539.076042, 499.694433, 477.182432, 469.781576 ] }, { "date": "2024-05-17", "close": 548.573792, "volume": 379864, "typical_volume": 717535.7, "trend": 462.6334, "fair_value": 413.425184, "relative_strength": 10.292951, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.217165, "energy": 82.09162, "activity_lines": [ 549.04259, 513.056457, 484.795806, 475.569965 ] }, { "date": "2024-05-24", "close": 548.622437, "volume": 347166, "typical_volume": 715882.0, "trend": 466.842092, "fair_value": 415.48252, "relative_strength": 7.78009, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.860698, "energy": 79.216621, "activity_lines": [ 550.403577, 524.567003, 492.04396, 481.117645 ] }, { "date": "2024-05-31", "close": 587.018982, "volume": 3734288, "typical_volume": 880737.3, "trend": 472.129522, "fair_value": 417.662747, "relative_strength": 17.144953, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.55022, "energy": 77.115773, "activity_lines": [ 562.305367, 540.884751, 502.619283, 488.870992 ] }, { "date": "2024-06-07", "close": 577.212952, "volume": 1166894, "typical_volume": 923316.9, "trend": 477.034929, "fair_value": 419.573496, "relative_strength": 11.184298, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.180219, "energy": 53.252386, "activity_lines": [ 568.87347, 552.558095, 511.766634, 495.650568 ] }, { "date": "2024-06-14", "close": 590.705872, "volume": 576054, "typical_volume": 941528.2, "trend": 481.694196, "fair_value": 421.542791, "relative_strength": 12.665434, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.749682, "energy": 55.132636, "activity_lines": [ 577.950452, 563.928501, 521.669507, 502.984178 ] }, { "date": "2024-06-21", "close": 590.583374, "volume": 623436, "typical_volume": 943844.4, "trend": 487.236699, "fair_value": 423.225881, "relative_strength": 12.31762, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.221008, "energy": 53.417961, "activity_lines": [ 584.669308, 572.298119, 530.880852, 510.009286 ] }, { "date": "2024-06-28", "close": 606.357666, "volume": 744316, "typical_volume": 957033.2, "trend": 493.072233, "fair_value": 424.905777, "relative_strength": 12.69988, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.763792, "energy": 53.377391, "activity_lines": [ 593.845622, 580.420586, 540.936436, 517.69451 ] }, { "date": "2024-07-05", "close": 622.646423, "volume": 1580256, "typical_volume": 987299.6, "trend": 499.715949, "fair_value": 426.546082, "relative_strength": 13.997554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.793571, "energy": 53.922323, "activity_lines": [ 604.602506, 589.839083, 551.732857, 526.054135 ] }, { "date": "2024-07-12", "close": 643.58905, "volume": 988602, "typical_volume": 982127.4, "trend": 506.203686, "fair_value": 428.356329, "relative_strength": 16.672199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.723778, "energy": 55.208837, "activity_lines": [ 619.965104, 601.854373, 563.75396, 535.33627 ] }, { "date": "2024-07-19", "close": 612.407776, "volume": 1317061, "typical_volume": 1007712.65, "trend": 510.012854, "fair_value": 430.075469, "relative_strength": 10.658771, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.245391, "energy": 49.68999, "activity_lines": [ 620.50887, 606.451114, 571.977087, 542.188147 ] }, { "date": "2024-07-26", "close": 611.379089, "volume": 255198, "typical_volume": 1008784.05, "trend": 514.695329, "fair_value": 431.64201, "relative_strength": 9.097743, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.025318, "energy": 47.052284, "activity_lines": [ 619.262947, 609.834252, 579.353453, 548.727904 ] }, { "date": "2024-08-02", "close": 576.450073, "volume": 611322, "typical_volume": 1003975.15, "trend": 517.930438, "fair_value": 433.07865, "relative_strength": 3.615914, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.567669, "energy": 34.099741, "activity_lines": [ 604.987638, 605.724745, 582.616946, 552.712081 ] }, { "date": "2024-08-09", "close": 555.531921, "volume": 383108, "typical_volume": 1008691.05, "trend": 520.339314, "fair_value": 434.25181, "relative_strength": 1.545354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.546939, "energy": 19.736187, "activity_lines": [ 585.733451, 597.30598, 583.186344, 555.137983 ] }, { "date": "2024-08-16", "close": 584.582214, "volume": 744432, "typical_volume": 1033880.15, "trend": 524.291589, "fair_value": 435.826582, "relative_strength": 6.034576, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.650683, "energy": 19.309457, "activity_lines": [ 580.636995, 594.741579, 585.922936, 559.282687 ] }, { "date": "2024-08-23", "close": 594.575867, "volume": 304293, "typical_volume": 1022136.6, "trend": 529.179617, "fair_value": 437.334796, "relative_strength": 6.559767, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.620573, "energy": 19.145868, "activity_lines": [ 582.805546, 593.860219, 588.854353, 563.817156 ] }, { "date": "2024-08-30", "close": 584.484253, "volume": 324887, "typical_volume": 1024722.35, "trend": 533.582831, "fair_value": 438.695548, "relative_strength": 3.061441, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.108934, "energy": 16.624944, "activity_lines": [ 582.799019, 591.073657, 590.026148, 567.385197 ] }, { "date": "2024-09-06", "close": 572.237, "volume": 188439, "typical_volume": 894366.6, "trend": 538.118792, "fair_value": 439.839632, "relative_strength": 2.447089, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.250915, "energy": 12.091897, "activity_lines": [ 580.503064, 586.171215, 589.244694, 569.879014 ] }, { "date": "2024-09-13", "close": 566.603333, "volume": 479272, "typical_volume": 833963.2, "trend": 541.639663, "fair_value": 440.916987, "relative_strength": -0.597854, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.744361, "energy": 8.720257, "activity_lines": [ 576.610091, 580.864845, 587.652961, 571.716727 ] }, { "date": "2024-09-20", "close": 577.919739, "volume": 315692, "typical_volume": 801710.5, "trend": 545.249004, "fair_value": 442.073036, "relative_strength": -0.355553, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.624981, "energy": 10.15553, "activity_lines": [ 575.75116, 578.634969, 587.088698, 574.057377 ] }, { "date": "2024-09-27", "close": 571.551147, "volume": 224935, "typical_volume": 764475.75, "trend": 549.128652, "fair_value": 443.332421, "relative_strength": -2.922068, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.897314, "energy": 9.861374, "activity_lines": [ 573.21353, 576.441154, 585.772482, 575.754289 ] }, { "date": "2024-10-04", "close": 569.836609, "volume": 153129, "typical_volume": 753139.0, "trend": 553.248003, "fair_value": 444.403577, "relative_strength": 1.176604, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.514618, "energy": 8.575403, "activity_lines": [ 571.639368, 574.678454, 584.218668, 577.090287 ] }, { "date": "2024-10-11", "close": 559.695923, "volume": 235954, "typical_volume": 747578.4, "trend": 557.602765, "fair_value": 445.267108, "relative_strength": -0.476331, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.775765, "energy": 6.955488, "activity_lines": [ 567.661487, 571.827309, 581.597824, 577.506281 ] }, { "date": "2024-10-18", "close": 529.714905, "volume": 206558, "typical_volume": 571191.9, "trend": 560.938693, "fair_value": 445.899528, "relative_strength": -5.312612, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.051405, "energy": 35.259594, "activity_lines": [ 554.526005, 563.829692, 576.068914, 575.707065 ] }, { "date": "2024-10-25", "close": 481.607941, "volume": 224222, "typical_volume": 524058.3, "trend": 562.804885, "fair_value": 446.36773, "relative_strength": -11.343921, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.318443, "energy": 62.811793, "activity_lines": [ 527.814097, 547.554754, 566.231264, 570.588952 ] }, { "date": "2024-11-01", "close": 486.408875, "volume": 160008, "typical_volume": 503256.0, "trend": 564.788931, "fair_value": 446.74301, "relative_strength": -10.742367, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.447247, "energy": 69.989281, "activity_lines": [ 509.123287, 534.024973, 557.306109, 565.660177 ] }, { "date": "2024-11-08", "close": 465.784607, "volume": 210692, "typical_volume": 482618.8, "trend": 566.340181, "fair_value": 446.979313, "relative_strength": -13.763492, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.297268, "energy": 86.653033, "activity_lines": [ 489.233873, 518.711997, 546.913389, 559.272801 ] }, { "date": "2024-11-15", "close": 431.002625, "volume": 166713, "typical_volume": 453738.65, "trend": 563.548542, "fair_value": 447.145585, "relative_strength": -17.795296, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.425127, "energy": 94.196494, "activity_lines": [ 464.687264, 499.233201, 533.80238, 550.541346 ] }, { "date": "2024-11-22", "close": 449.422394, "volume": 166896, "typical_volume": 383070.65, "trend": 559.994495, "fair_value": 447.493933, "relative_strength": -15.432563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.911328, "energy": 87.664029, "activity_lines": [ 454.860132, 485.67135, 523.280659, 543.178368 ] }, { "date": "2024-11-29", "close": 490.670837, "volume": 330024, "typical_volume": 350141.75, "trend": 558.104138, "fair_value": 448.205007, "relative_strength": -8.452438, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.766265, "energy": 72.933118, "activity_lines": [ 464.135315, 481.73978, 517.512237, 538.705874 ] }, { "date": "2024-12-06", "close": 531.380493, "volume": 766995, "typical_volume": 322638.45, "trend": 557.285272, "fair_value": 449.289045, "relative_strength": -3.166076, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.7999, "energy": 43.066363, "activity_lines": [ 486.37619, 486.796308, 516.349107, 536.981768 ] }, { "date": "2024-12-13", "close": 538.826782, "volume": 527172, "typical_volume": 336237.15, "trend": 556.960372, "fair_value": 450.445894, "relative_strength": -2.238148, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.274011, "energy": 22.074881, "activity_lines": [ 508.101054, 493.937083, 516.280992, 535.790898 ] }, { "date": "2024-12-20", "close": 473.230896, "volume": 368010, "typical_volume": 324071.55, "trend": 554.447321, "fair_value": 451.240566, "relative_strength": -9.585827, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.592263, "energy": 26.719817, "activity_lines": [ 503.091144, 489.715148, 510.311137, 530.388996 ] }, { "date": "2024-12-27", "close": 464.902802, "volume": 133967, "typical_volume": 311614.5, "trend": 550.376781, "fair_value": 451.988776, "relative_strength": -11.855591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.542176, "energy": 24.487025, "activity_lines": [ 492.489984, 485.551105, 504.039649, 524.611931 ] }, { "date": "2025-01-03", "close": 440.653412, "volume": 329511, "typical_volume": 290868.45, "trend": 545.824797, "fair_value": 452.602773, "relative_strength": -16.850329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.242288, "energy": 40.850456, "activity_lines": [ 472.773668, 478.156485, 495.890264, 517.533004 ] }, { "date": "2025-01-10", "close": 414.297485, "volume": 369723, "typical_volume": 294139.95, "trend": 539.944517, "fair_value": 453.015666, "relative_strength": -19.603492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.07551, "energy": 67.880569, "activity_lines": [ 447.606537, 466.714505, 485.916165, 509.04737 ] }, { "date": "2025-01-17", "close": 456.672699, "volume": 369786, "typical_volume": 296384.9, "trend": 535.480828, "fair_value": 453.840971, "relative_strength": -10.361777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.149102, "energy": 62.586928, "activity_lines": [ 444.370011, 464.288226, 480.836269, 503.674995 ] }, { "date": "2025-01-24", "close": 416.25705, "volume": 177334, "typical_volume": 295829.65, "trend": 529.144141, "fair_value": 454.449202, "relative_strength": -17.689214, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.315879, "energy": 71.610721, "activity_lines": [ 433.138542, 454.679319, 472.515891, 495.983139 ] }, { "date": "2025-01-31", "close": 425.221954, "volume": 154885, "typical_volume": 279610.3, "trend": 522.563325, "fair_value": 455.128132, "relative_strength": -17.215214, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.784779, "energy": 63.497915, "activity_lines": [ 428.69363, 446.968495, 465.792074, 489.278481 ] }, { "date": "2025-02-07", "close": 391.125824, "volume": 274901, "typical_volume": 277570.75, "trend": 514.147884, "fair_value": 455.332025, "relative_strength": -23.790329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.469522, "energy": 56.208989, "activity_lines": [ 415.528731, 433.498383, 456.494252, 480.798643 ] }, { "date": "2025-02-14", "close": 369.031921, "volume": 445069, "typical_volume": 288577.45, "trend": 506.035356, "fair_value": 455.304134, "relative_strength": -25.801672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.520473, "energy": 70.237947, "activity_lines": [ 398.301037, 417.821106, 445.981743, 471.436322 ] }, { "date": "2025-02-21", "close": 342.088135, "volume": 267700, "typical_volume": 294306.0, "trend": 497.058991, "fair_value": 454.991213, "relative_strength": -30.438261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.798018, "energy": 80.145083, "activity_lines": [ 375.109786, 400.196752, 433.867537, 460.859082 ] }, { "date": "2025-02-28", "close": 331.016693, "volume": 363272, "typical_volume": 300671.9, "trend": 488.877878, "fair_value": 454.61763, "relative_strength": -30.311236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.836351, "energy": 88.347752, "activity_lines": [ 355.867025, 384.136475, 421.783424, 450.146676 ] }, { "date": "2025-03-07", "close": 364.37796, "volume": 375870, "typical_volume": 309137.5, "trend": 482.506079, "fair_value": 454.470055, "relative_strength": -24.493812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.831128, "energy": 82.974644, "activity_lines": [ 353.427376, 376.727596, 413.965523, 442.114423 ] }, { "date": "2025-03-14", "close": 342.724945, "volume": 191843, "typical_volume": 307518.55, "trend": 474.44417, "fair_value": 453.981825, "relative_strength": -28.218664, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.569139, "energy": 81.495448, "activity_lines": [ 347.826322, 367.209529, 404.87275, 433.096286 ] }, { "date": "2025-03-21", "close": 348.505646, "volume": 582803, "typical_volume": 328658.3, "trend": 466.241829, "fair_value": 453.765583, "relative_strength": -29.701047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.765541, "energy": 74.745396, "activity_lines": [ 347.378894, 360.523016, 396.991866, 424.971219 ] }, { "date": "2025-03-28", "close": 331.751526, "volume": 759694, "typical_volume": 356108.4, "trend": 457.817405, "fair_value": 453.205164, "relative_strength": -33.26162, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.28937, "energy": 59.859674, "activity_lines": [ 342.715177, 351.986515, 388.172035, 416.294426 ] }, { "date": "2025-04-04", "close": 325.480957, "volume": 421537, "typical_volume": 368849.6, "trend": 449.592204, "fair_value": 452.496852, "relative_strength": -32.473355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.119203, "energy": 61.123012, "activity_lines": [ 336.650378, 344.581204, 379.393259, 407.75659 ] }, { "date": "2025-04-11", "close": 326.362762, "volume": 248559, "typical_volume": 372932.75, "trend": 441.584185, "fair_value": 451.871581, "relative_strength": -31.795986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.642387, "energy": 58.342497, "activity_lines": [ 331.248564, 338.986696, 371.200948, 399.806304 ] }, { "date": "2025-04-18", "close": 344.047668, "volume": 328536, "typical_volume": 372858.35, "trend": 433.788449, "fair_value": 451.509527, "relative_strength": -30.622978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.761503, "energy": 54.917491, "activity_lines": [ 334.276064, 338.405065, 365.278913, 393.513625 ] }, { "date": "2025-04-25", "close": 337.385223, "volume": 445804, "typical_volume": 356798.8, "trend": 425.982918, "fair_value": 450.928142, "relative_strength": -31.818685, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.147192, "energy": 50.897647, "activity_lines": [ 334.994568, 337.468047, 359.420565, 387.294062 ] }, { "date": "2025-05-02", "close": 336.258484, "volume": 117541, "typical_volume": 336317.25, "trend": 418.196981, "fair_value": 450.411537, "relative_strength": -32.236778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.378231, "energy": 46.411962, "activity_lines": [ 336.078853, 336.901562, 354.378695, 381.505389 ] }, { "date": "2025-05-09", "close": 329.742981, "volume": 148960, "typical_volume": 325364.75, "trend": 410.531883, "fair_value": 450.040405, "relative_strength": -31.874903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.99443, "energy": 44.513776, "activity_lines": [ 334.690841, 335.256434, 349.680912, 375.798679 ] }, { "date": "2025-05-16", "close": 351.934875, "volume": 729807, "typical_volume": 355156.75, "trend": 404.605882, "fair_value": 449.735679, "relative_strength": -29.534664, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.236248, "energy": 34.910909, "activity_lines": [ 340.415991, 337.669354, 347.779919, 372.018227 ] }, { "date": "2025-05-23", "close": 366.09256, "volume": 470577, "typical_volume": 362210.05, "trend": 400.755369, "fair_value": 449.679714, "relative_strength": -25.550956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.155804, "energy": 24.355892, "activity_lines": [ 349.155562, 342.882636, 347.765219, 369.533497 ] }, { "date": "2025-05-30", "close": 357.225647, "volume": 892859, "typical_volume": 388366.85, "trend": 396.449261, "fair_value": 449.169048, "relative_strength": -26.22007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.230547, "energy": 19.030692, "activity_lines": [ 353.469836, 346.058887, 347.261102, 366.725128 ] }, { "date": "2025-06-06", "close": 378.143829, "volume": 724295, "typical_volume": 406092.3, "trend": 393.527902, "fair_value": 448.822053, "relative_strength": -21.946772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.860287, "energy": 15.701471, "activity_lines": [ 363.434143, 352.879898, 349.020965, 365.544132 ] }, { "date": "2025-06-13", "close": 365.357758, "volume": 430593, "typical_volume": 418755.25, "trend": 391.33974, "fair_value": 448.626646, "relative_strength": -22.923124, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.03287, "energy": 19.132381, "activity_lines": [ 366.344069, 356.532673, 349.937053, 363.726703 ] }, { "date": "2025-06-20", "close": 360.507874, "volume": 402482, "typical_volume": 431135.1, "trend": 388.375923, "fair_value": 448.335102, "relative_strength": -24.321219, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.192429, "energy": 15.669699, "activity_lines": [ 365.26305, 358.578617, 350.633625, 361.737551 ] }, { "date": "2025-06-27", "close": 368.444031, "volume": 185444, "typical_volume": 426662.25, "trend": 384.301696, "fair_value": 448.095361, "relative_strength": -23.395129, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.253733, "energy": 14.329744, "activity_lines": [ 366.255882, 361.446679, 352.394184, 360.451622 ] }, { "date": "2025-07-04", "close": 369.129883, "volume": 233175, "typical_volume": 416067.55, "trend": 378.893342, "fair_value": 447.713505, "relative_strength": -21.830114, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.092255, "energy": 10.447112, "activity_lines": [ 367.320567, 363.995871, 354.32807, 359.472796 ] }, { "date": "2025-07-11", "close": 355.462036, "volume": 337709, "typical_volume": 419568.0, "trend": 372.781184, "fair_value": 447.298396, "relative_strength": -22.822299, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.607063, "energy": 10.243648, "activity_lines": [ 363.035687, 363.482825, 354.959791, 357.961098 ] }, { "date": "2025-07-18", "close": 368.248108, "volume": 192032, "typical_volume": 411006.0, "trend": 369.281758, "fair_value": 446.656277, "relative_strength": -18.59181, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.836627, "energy": 10.092045, "activity_lines": [ 364.524951, 364.945363, 356.745547, 357.668642 ] }, { "date": "2025-07-25", "close": 353.159576, "volume": 280992, "typical_volume": 406262.1, "trend": 365.556983, "fair_value": 445.896064, "relative_strength": -20.63837, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.571208, "energy": 8.928327, "activity_lines": [ 360.792014, 362.964439, 356.917008, 356.628501 ] }, { "date": "2025-08-01", "close": 333.131805, "volume": 224255, "typical_volume": 407882.7, "trend": 361.97293, "fair_value": 445.165903, "relative_strength": -23.509838, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.570173, "energy": 23.940857, "activity_lines": [ 350.873041, 357.319834, 355.234483, 354.536554 ] }, { "date": "2025-08-08", "close": 306.473358, "volume": 508771, "typical_volume": 404181.1, "trend": 358.378792, "fair_value": 444.194232, "relative_strength": -28.252008, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.4002, "energy": 54.000001, "activity_lines": [ 334.422066, 347.427526, 351.058739, 350.955937 ] }, { "date": "2025-08-15", "close": 295.572113, "volume": 261698, "typical_volume": 379281.3, "trend": 353.008773, "fair_value": 443.227331, "relative_strength": -30.657908, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.952168, "energy": 77.896533, "activity_lines": [ 318.514445, 336.475942, 346.044936, 346.903893 ] }, { "date": "2025-08-22", "close": 315.838501, "volume": 261412, "typical_volume": 371275.05, "trend": 349.661488, "fair_value": 442.395143, "relative_strength": -25.685515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.669045, "energy": 73.508597, "activity_lines": [ 313.354948, 330.710459, 343.133548, 344.505811 ] }, { "date": "2025-08-29", "close": 313.014099, "volume": 205823, "typical_volume": 369138.25, "trend": 345.921226, "fair_value": 441.433497, "relative_strength": -24.130251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.576908, "energy": 75.08542, "activity_lines": [ 310.747957, 325.331799, 339.999086, 342.141463 ] }, { "date": "2025-09-05", "close": 313.261841, "volume": 182226, "typical_volume": 361822.75, "trend": 343.32576, "fair_value": 440.657428, "relative_strength": -24.139138, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.371102, "energy": 70.025454, "activity_lines": [ 310.899913, 320.861706, 336.951783, 340.034406 ] }, { "date": "2025-09-12", "close": 324.559479, "volume": 330857, "typical_volume": 356075.4, "trend": 341.843345, "fair_value": 440.150468, "relative_strength": -21.720795, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.730051, "energy": 40.536611, "activity_lines": [ 316.142411, 319.449042, 335.127045, 338.823678 ] }, { "date": "2025-09-19", "close": 329.613708, "volume": 140282, "typical_volume": 357212.45, "trend": 341.427531, "fair_value": 439.69217, "relative_strength": -20.298433, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.39427, "energy": 28.187758, "activity_lines": [ 321.863912, 319.7657, 333.844737, 338.034669 ] }, { "date": "2025-09-26", "close": 305.878723, "volume": 427310, "typical_volume": 371129.95, "trend": 340.589599, "fair_value": 439.179449, "relative_strength": -23.167686, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -51.688767, "energy": 31.486331, "activity_lines": [ 317.404311, 316.236875, 330.333596, 335.741198 ] }, { "date": "2025-10-03", "close": 309.29776, "volume": 113532, "typical_volume": 340316.2, "trend": 338.753592, "fair_value": 438.527112, "relative_strength": -22.095677, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -48.079638, "energy": 30.359661, "activity_lines": [ 314.748374, 314.463682, 327.261717, 333.72237 ] }, { "date": "2025-10-10", "close": 309.29776, "volume": 207590, "typical_volume": 327166.85, "trend": 337.639352, "fair_value": 438.031197, "relative_strength": -22.346737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.443189, "energy": 36.696859, "activity_lines": [ 312.340194, 313.487977, 324.392872, 331.821993 ] }, { "date": "2025-10-17", "close": 296.46402, "volume": 350221, "typical_volume": 300034.95, "trend": 335.904631, "fair_value": 437.529832, "relative_strength": -25.913029, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.663167, "energy": 55.966838, "activity_lines": [ 305.918372, 310.612211, 320.572217, 329.16552 ] }, { "date": "2025-10-24", "close": 307.959869, "volume": 204530, "typical_volume": 274046.7, "trend": 335.111576, "fair_value": 437.003504, "relative_strength": -22.531022, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.794493, "energy": 45.74814, "activity_lines": [ 305.20153, 310.008587, 318.135746, 327.362632 ] }, { "date": "2025-10-31", "close": 303.103882, "volume": 124860, "typical_volume": 258760.05, "trend": 334.365674, "fair_value": 436.515431, "relative_strength": -22.742653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.114737, "energy": 45.233727, "activity_lines": [ 304.309615, 308.296824, 315.57101, 325.29762 ] }, { "date": "2025-11-07", "close": 297.702789, "volume": 168009, "typical_volume": 247036.4, "trend": 333.410341, "fair_value": 436.094642, "relative_strength": -22.693518, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.929278, "energy": 52.196009, "activity_lines": [ 301.802325, 305.834584, 312.78833, 322.932273 ] }, { "date": "2025-11-14", "close": 299.337982, "volume": 116167, "typical_volume": 243572.55, "trend": 331.920018, "fair_value": 435.283678, "relative_strength": -22.858098, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.428882, "energy": 40.888756, "activity_lines": [ 300.613098, 303.948038, 310.460456, 320.734056 ] }, { "date": "2025-11-21", "close": 310.437439, "volume": 234890, "typical_volume": 243658.3, "trend": 331.021759, "fair_value": 434.58537, "relative_strength": -19.773094, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.19064, "energy": 35.2313, "activity_lines": [ 303.787675, 304.332736, 309.518748, 319.348083 ] }, { "date": "2025-11-28", "close": 324.113525, "volume": 209150, "typical_volume": 237230.35, "trend": 330.616927, "fair_value": 433.995793, "relative_strength": -15.800897, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.364885, "energy": 17.915533, "activity_lines": [ 310.589386, 307.46076, 310.159013, 318.90239 ] }, { "date": "2025-12-05", "close": 348.294464, "volume": 8841666, "typical_volume": 669712.05, "trend": 331.23531, "fair_value": 433.579806, "relative_strength": -8.475797, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 9.172065, "energy": 17.413353, "activity_lines": [ 324.374499, 315.085322, 313.251504, 320.042877 ] }, { "date": "2025-12-12", "close": 356.173065, "volume": 651327, "typical_volume": 688228.8, "trend": 331.376583, "fair_value": 433.162131, "relative_strength": -4.887173, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 36.294912, "energy": 39.248008, "activity_lines": [ 337.773108, 323.371161, 317.189354, 321.651764 ] }, { "date": "2025-12-19", "close": 364.051697, "volume": 945281, "typical_volume": 724280.1, "trend": 331.308554, "fair_value": 433.031141, "relative_strength": -1.687042, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.823, "energy": 59.546483, "activity_lines": [ 349.899908, 332.237201, 321.863201, 323.759836 ] }, { "date": "2025-12-26", "close": 354.587433, "volume": 204064, "typical_volume": 709044.75, "trend": 331.220614, "fair_value": 432.759879, "relative_strength": -3.755328, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.265002, "energy": 66.265409, "activity_lines": [ 354.557707, 338.386939, 325.488451, 325.261699 ] }, { "date": "2026-01-02", "close": 390.908386, "volume": 1252479, "typical_volume": 758583.8, "trend": 331.646099, "fair_value": 432.714783, "relative_strength": 5.452678, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 59.239742, "energy": 76.452718, "activity_lines": [ 368.379156, 350.083697, 332.343725, 329.112523 ] }, { "date": "2026-01-09", "close": 397.350006, "volume": 4753424, "typical_volume": 983184.4, "trend": 332.712507, "fair_value": 432.64392, "relative_strength": 10.216074, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 81.911513, "energy": 84.267402, "activity_lines": [ 379.894822, 361.443505, 339.358505, 333.351485 ] }, { "date": "2026-01-16", "close": 421.481354, "volume": 556003, "typical_volume": 1000693.4, "trend": 334.744956, "fair_value": 432.681128, "relative_strength": 17.386433, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.776679, "energy": 89.338019, "activity_lines": [ 396.183901, 375.477264, 348.283358, 339.078507 ] }, { "date": "2026-01-23", "close": 375.002472, "volume": 604137, "typical_volume": 1021788.95, "trend": 334.963571, "fair_value": 432.429067, "relative_strength": 7.586215, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.704493, "energy": 69.912437, "activity_lines": [ 392.626133, 378.809798, 352.26514, 341.675766 ] }, { "date": "2026-01-30", "close": 405.57547, "volume": 344654, "typical_volume": 1022478.8, "trend": 336.178424, "fair_value": 432.443764, "relative_strength": 15.437824, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.231396, "energy": 56.332402, "activity_lines": [ 398.529313, 386.325341, 358.864633, 346.231373 ] }, { "date": "2026-02-06", "close": 427.278839, "volume": 771178, "typical_volume": 1054023.6, "trend": 338.572317, "fair_value": 432.500325, "relative_strength": 19.844734, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.953957, "energy": 56.607647, "activity_lines": [ 408.267747, 396.057168, 367.145324, 352.108819 ] }, { "date": "2026-02-13", "close": 460.824921, "volume": 541062, "typical_volume": 1059711.2, "trend": 341.658211, "fair_value": 432.744977, "relative_strength": 30.023467, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.21172, "energy": 59.948527, "activity_lines": [ 426.763511, 410.012551, 378.155807, 359.996084 ] }, { "date": "2026-02-20", "close": 471.874817, "volume": 949335, "typical_volume": 1101501.35, "trend": 345.615386, "fair_value": 433.207436, "relative_strength": 31.991023, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.568748, "energy": 62.824763, "activity_lines": [ 444.710913, 423.930997, 389.480822, 368.397155 ] }, { "date": "2026-02-27", "close": 454.977905, "volume": 473883, "typical_volume": 1114816.0, "trend": 349.676923, "fair_value": 433.529833, "relative_strength": 28.698762, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.991607, "energy": 66.448771, "activity_lines": [ 453.666447, 432.673608, 398.422431, 375.452801 ] }, { "date": "2026-03-06", "close": 430.697876, "volume": 257878, "typical_volume": 1110198.85, "trend": 353.81774, "fair_value": 433.697053, "relative_strength": 25.209084, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.227557, "energy": 57.537988, "activity_lines": [ 449.196942, 435.348466, 404.357942, 380.67996 ] }, { "date": "2026-03-13", "close": 425.495026, "volume": 488556, "typical_volume": 1124400.15, "trend": 358.148504, "fair_value": 433.846409, "relative_strength": 30.091835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.354417, "energy": 45.115005, "activity_lines": [ 441.318327, 435.693524, 409.158734, 385.304301 ] }, { "date": "2026-03-20", "close": 424.404877, "volume": 283604, "typical_volume": 1132337.35, "trend": 361.767383, "fair_value": 433.943399, "relative_strength": 29.358975, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.449521, "energy": 31.205938, "activity_lines": [ 433.19525, 435.211526, 413.296011, 389.578905 ] }, { "date": "2026-03-27", "close": 396.309418, "volume": 376035, "typical_volume": 1142738.65, "trend": 364.543893, "fair_value": 433.884605, "relative_strength": 21.818191, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.208921, "energy": 20.626184, "activity_lines": [ 418.135022, 429.129355, 414.179906, 391.807424 ] }, { "date": "2026-04-03", "close": 408.350342, "volume": 269772, "typical_volume": 1150418.9, "trend": 367.71351, "fair_value": 433.933661, "relative_strength": 25.470132, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.68002, "energy": 20.165556, "activity_lines": [ 412.126129, 425.694115, 415.741001, 394.633646 ] }, { "date": "2026-04-10", "close": 427.675232, "volume": 489426, "typical_volume": 1163145.7, "trend": 371.150702, "fair_value": 434.103187, "relative_strength": 23.522161, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.867982, "energy": 18.472301, "activity_lines": [ 415.667371, 425.166167, 418.623454, 398.502144 ] }, { "date": "2026-04-17", "close": 460.081665, "volume": 490018, "typical_volume": 1177189.1, "trend": 375.499634, "fair_value": 434.439406, "relative_strength": 30.450379, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.837099, "energy": 27.775862, "activity_lines": [ 430.212266, 430.128483, 424.03396, 404.239626 ] }, { "date": "2026-04-24", "close": 494.420532, "volume": 927059, "typical_volume": 781458.75, "trend": 381.784361, "fair_value": 435.024397, "relative_strength": 41.608058, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 70.837871, "energy": 46.37821, "activity_lines": [ 453.897675, 440.737815, 432.067367, 411.911942 ] }, { "date": "2026-05-01", "close": 489.960938, "volume": 294438, "typical_volume": 763614.3, "trend": 387.806467, "fair_value": 435.37513, "relative_strength": 38.543672, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.97736, "energy": 64.720009, "activity_lines": [ 471.428841, 449.925482, 438.980211, 418.891076 ] }, { "date": "2026-05-08", "close": 489.267242, "volume": 282488, "typical_volume": 730474.65, "trend": 393.805449, "fair_value": 435.722344, "relative_strength": 36.16997, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.241894, "energy": 71.781598, "activity_lines": [ 482.485341, 458.658184, 445.189905, 425.436932 ] }, { "date": "2026-05-15", "close": 441.945984, "volume": 640825, "typical_volume": 752312.7, "trend": 398.654848, "fair_value": 435.846442, "relative_strength": 25.022452, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.6587, "energy": 60.355004, "activity_lines": [ 472.373629, 458.163578, 446.296548, 428.542773 ] }, { "date": "2026-05-22", "close": 450.320099, "volume": 648222, "typical_volume": 722099.85, "trend": 403.400189, "fair_value": 436.106303, "relative_strength": 26.293072, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.253012, "energy": 35.894215, "activity_lines": [ 464.101904, 458.987028, 447.784732, 431.876015 ] }, { "date": "2026-05-29", "close": 443.928009, "volume": 466406, "typical_volume": 507748.95, "trend": 408.094327, "fair_value": 436.278551, "relative_strength": 24.70242, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.107193, "energy": 20.898775, "activity_lines": [ 454.350254, 458.196914, 448.381232, 434.490713 ] }, { "date": "2026-06-05", "close": 446.504639, "volume": 26726, "typical_volume": 481285.1, "trend": 413.054388, "fair_value": 436.4982, "relative_strength": 25.760595, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.222619, "energy": 19.003883, "activity_lines": [ 448.823649, 457.520313, 449.001327, 436.968798 ] }, { "date": "2026-06-12", "close": 448.0, "volume": 27629, "typical_volume": 452459.7, "trend": 418.009789, "fair_value": 436.663796, "relative_strength": 24.155815, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.252265, "energy": 17.010189, "activity_lines": [ 446.692584, 456.202955, 449.644678, 439.223354 ] }, { "date": "2026-06-19", "close": 469.799988, "volume": 65799, "typical_volume": 438516.95, "trend": 423.321874, "fair_value": 436.859484, "relative_strength": 27.247271, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.77342, "energy": 18.247247, "activity_lines": [ 454.579332, 458.128329, 452.016611, 442.564657 ] }, { "date": "2026-06-26", "close": 461.049988, "volume": 0, "typical_volume": 399958.05, "trend": 427.886423, "fair_value": 436.925305, "relative_strength": 23.911506, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.580286, "energy": 19.770934, "activity_lines": [ 457.692479, 457.696888, 453.249379, 444.998729 ] }, { "date": "2026-07-03", "close": 502.100006, "volume": 367420, "typical_volume": 391275.95, "trend": 433.013274, "fair_value": 437.275012, "relative_strength": 32.728118, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 68.033533, "energy": 46.215313, "activity_lines": [ 473.773639, 464.711482, 458.230858, 449.786702 ] }, { "date": "2026-07-10", "close": 523.400024, "volume": 952810, "typical_volume": 391449.7, "trend": 438.587506, "fair_value": 437.715245, "relative_strength": 37.454251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.67069, "energy": 69.835148, "activity_lines": [ 493.076672, 475.459179, 465.044363, 455.618105 ] }, { "date": "2026-07-17", "close": 527.599976, "volume": 545599, "typical_volume": 395035.5, "trend": 444.039115, "fair_value": 438.246351, "relative_strength": 36.673448, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.510601, "energy": 78.468737, "activity_lines": [ 508.653331, 486.362521, 472.012504, 461.360845 ] }, { "date": "2026-07-24", "close": 551.849976, "volume": 686993, "typical_volume": 416491.25, "trend": 450.614534, "fair_value": 438.714849, "relative_strength": 44.785233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.264751, "energy": 88.12184, "activity_lines": [ 527.006657, 500.977994, 480.94435, 468.316384 ] }, { "date": "2026-07-31", "close": 550.0, "volume": 297906, "typical_volume": 406958.75, "trend": 455.917587, "fair_value": 438.949379, "relative_strength": 39.15255, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.345483, "energy": 87.64784, "activity_lines": [ 539.273326, 513.258854, 489.123093, 474.72835 ] }, { "date": "2026-08-07", "close": 629.099976, "volume": 1473565, "typical_volume": 466456.8, "trend": 463.642586, "fair_value": 439.777682, "relative_strength": 55.549984, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.336834, "energy": 96.367219, "activity_lines": [ 571.976652, 538.109166, 504.242286, 485.901407 ] } ], "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." } } }