{ "ticker": { "uuid": "bb4cb07f-1027-4272-85a6-091260b42a42", "symbol": "DENORA", "name": "De Nora India 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 90.955, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 60.199, "architecture_energy": 42.532, "architecture_maturity": 46.994, "architecture_confidence": 78.843, "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": 17.39, "rotation_up": 51.51, "upward_expansion": 79.18, "deceleration": 66.22, "rotation_down": 22.97, "downward_expansion": 5.85 }, "activity_lines": [ 881.423324, 874.980903, 834.000947, 801.431286 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 887.799988, "trend_reference": 751.11333, "distance_from_trend": 0.181979, "trend_direction": "Improving", "fair_value": 1150.942696, "distance_from_fair_value": -0.228632, "fair_value_direction": "Improving", "relative_strength": 17.373051, "relative_strength_direction": "Improving", "price_momentum": 0.510249, "excess_performance": 0.553958, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.181979, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.070562, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.228632, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.154861, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.173731, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.161607, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.510249, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.459225, "read": "Demand-led" } ], "volume": { "latest": 34324, "relative_activity": 1.007535, "balance": 1.459225, "dry_up": 1.248316, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.084041, "annualized_volatility": 0.436163, "from_high_reference": -0.070367, "from_low_reference": 0.58465 }, "levels": { "trend_reference": 751.11333, "fair_value_reference": 1150.942696, "structural_low": 584.0, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": -0.014683, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.034549, "regime_survival": 0.681818, "best_return": 0.465328, "worst_return": -0.156559, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.043932, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.000693, "regime_survival": 0.375, "best_return": 0.736133, "worst_return": -0.203345, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.349553, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.214249, "regime_survival": 0.4, "best_return": 0.847478, "worst_return": -0.405161, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.573975, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.348957, "regime_survival": 0.5, "best_return": 1.235577, "worst_return": -0.513148, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-01-26", "end": "2024-02-23", "tenure": "Developing", "return": 0.231615, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-01", "end": "2024-07-05", "tenure": "Established", "return": 0.070657, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-12", "end": "2024-08-09", "tenure": "Developing", "return": -0.154273, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-10-04", "tenure": "Developing", "return": -0.03454, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-11", "end": "2025-06-20", "tenure": "Extended", "return": -0.444778, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-11", "tenure": "New", "return": 0.072099, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-08", "tenure": "New", "return": -0.104589, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-10-31", "tenure": "Developing", "return": -0.022065, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-07", "end": "2026-03-20", "tenure": "Established", "return": -0.098276, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.095795, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-17", "end": "2026-05-08", "tenure": "New", "return": -0.079832, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-05-22", "tenure": "New", "return": 0.022395, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-29", "end": "2026-06-19", "tenure": "New", "return": 0.203632, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": -0.04476, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1573.16272, "volume": 44642, "typical_volume": 223884.05, "trend": 1328.593146, "fair_value": 619.729487, "relative_strength": 37.848158, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.611825, "energy": 26.027563, "activity_lines": [ 1698.003605, 1802.856911, 1712.762111, 1549.402809 ] }, { "date": "2023-08-25", "close": 1662.339478, "volume": 69572, "typical_volume": 225107.65, "trend": 1359.053575, "fair_value": 628.926328, "relative_strength": 43.782925, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.622082, "energy": 29.697133, "activity_lines": [ 1650.981283, 1775.584258, 1722.402979, 1570.93483 ] }, { "date": "2023-09-01", "close": 1623.686279, "volume": 38834, "typical_volume": 200912.05, "trend": 1387.266298, "fair_value": 637.937797, "relative_strength": 37.316393, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.809967, "energy": 25.572393, "activity_lines": [ 1621.199162, 1739.988807, 1724.79889, 1588.007908 ] }, { "date": "2023-09-08", "close": 1735.263428, "volume": 114134, "typical_volume": 186180.35, "trend": 1416.157536, "fair_value": 647.694114, "relative_strength": 41.960446, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.320347, "energy": 16.391885, "activity_lines": [ 1659.515397, 1727.726123, 1735.105612, 1610.459335 ] }, { "date": "2023-09-15", "close": 1638.585327, "volume": 54543, "typical_volume": 184165.25, "trend": 1442.393085, "fair_value": 656.795677, "relative_strength": 30.179194, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.620653, "energy": 11.898858, "activity_lines": [ 1660.192057, 1697.576261, 1733.216631, 1624.809516 ] }, { "date": "2023-09-22", "close": 1593.841675, "volume": 18899, "typical_volume": 177632.35, "trend": 1466.590216, "fair_value": 665.679831, "relative_strength": 28.608371, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.531509, "energy": 9.114951, "activity_lines": [ 1642.603467, 1661.412491, 1724.591656, 1634.580392 ] }, { "date": "2023-09-29", "close": 1508.898804, "volume": 40849, "typical_volume": 138349.7, "trend": 1486.263487, "fair_value": 673.978407, "relative_strength": 20.777667, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.708049, "energy": 8.517586, "activity_lines": [ 1595.321989, 1621.744121, 1705.501967, 1637.309979 ] }, { "date": "2023-10-06", "close": 1533.168213, "volume": 33087, "typical_volume": 120416.05, "trend": 1504.527954, "fair_value": 682.455161, "relative_strength": 21.535038, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.470199, "energy": 15.187254, "activity_lines": [ 1566.359693, 1597.494001, 1688.401717, 1640.33609 ] }, { "date": "2023-10-13", "close": 1477.987671, "volume": 62795, "typical_volume": 111976.2, "trend": 1523.686231, "fair_value": 690.604302, "relative_strength": 15.797572, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -6.5498, "energy": 33.029156, "activity_lines": [ 1525.03842, 1573.28574, 1665.785138, 1638.623814 ] }, { "date": "2023-10-20", "close": 1621.806519, "volume": 208443, "typical_volume": 117480.95, "trend": 1548.910284, "fair_value": 699.64957, "relative_strength": 26.992483, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.377376, "energy": 28.145474, "activity_lines": [ 1548.80848, 1578.427681, 1657.47627, 1644.954155 ] }, { "date": "2023-10-27", "close": 1513.193359, "volume": 76204, "typical_volume": 117850.5, "trend": 1571.032601, "fair_value": 708.081062, "relative_strength": 20.237314, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.576015, "energy": 27.232208, "activity_lines": [ 1537.492741, 1563.213017, 1639.150255, 1642.649837 ] }, { "date": "2023-11-03", "close": 1702.155273, "volume": 710477, "typical_volume": 148679.2, "trend": 1597.305693, "fair_value": 717.635017, "relative_strength": 32.124097, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -2.979069, "energy": 5.774357, "activity_lines": [ 1594.540861, 1583.445417, 1639.202369, 1651.109364 ] }, { "date": "2023-11-10", "close": 1780.606323, "volume": 290038, "typical_volume": 146544.5, "trend": 1621.545447, "fair_value": 727.739623, "relative_strength": 34.848602, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.959641, "energy": 16.030688, "activity_lines": [ 1664.855566, 1617.21772, 1646.197262, 1662.935211 ] }, { "date": "2023-11-17", "close": 1739.857788, "volume": 112181, "typical_volume": 145786.05, "trend": 1642.616451, "fair_value": 737.556275, "relative_strength": 27.928065, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.978518, "energy": 16.987252, "activity_lines": [ 1705.091553, 1640.728107, 1649.361868, 1670.568266 ] }, { "date": "2023-11-24", "close": 1697.361328, "volume": 159660, "typical_volume": 149495.4, "trend": 1661.898507, "fair_value": 747.112294, "relative_strength": 22.766432, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.031556, "energy": 22.637865, "activity_lines": [ 1713.704044, 1656.428331, 1648.376296, 1674.100193 ] }, { "date": "2023-12-01", "close": 1677.236572, "volume": 55354, "typical_volume": 136987.3, "trend": 1681.302755, "fair_value": 756.476267, "relative_strength": 17.037515, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.323007, "energy": 16.689678, "activity_lines": [ 1710.571297, 1667.400854, 1645.749774, 1675.089746 ] }, { "date": "2023-12-08", "close": 1648.4729, "volume": 78969, "typical_volume": 135843.8, "trend": 1688.208757, "fair_value": 765.686105, "relative_strength": 9.950244, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -9.666302, "energy": 9.90699, "activity_lines": [ 1686.914445, 1671.627348, 1643.113763, 1672.971691 ] }, { "date": "2023-12-15", "close": 1607.824097, "volume": 53310, "typical_volume": 132488.5, "trend": 1692.524561, "fair_value": 774.565646, "relative_strength": 3.751339, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.934718, "energy": 14.612797, "activity_lines": [ 1653.286816, 1665.925439, 1638.824226, 1667.785584 ] }, { "date": "2023-12-22", "close": 1558.186646, "volume": 94827, "typical_volume": 120177.6, "trend": 1690.92312, "fair_value": 783.008558, "relative_strength": -0.000812, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.918616, "energy": 23.954335, "activity_lines": [ 1614.632186, 1649.84116, 1632.090417, 1659.118621 ] }, { "date": "2023-12-29", "close": 1532.668823, "volume": 37468, "typical_volume": 117714.3, "trend": 1685.66311, "fair_value": 791.324827, "relative_strength": -4.243469, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.352424, "energy": 34.75598, "activity_lines": [ 1579.583024, 1627.659113, 1623.38288, 1648.908667 ] }, { "date": "2024-01-05", "close": 1573.667114, "volume": 200760, "typical_volume": 125520.2, "trend": 1685.006612, "fair_value": 799.684853, "relative_strength": -2.349601, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.591783, "energy": 40.437432, "activity_lines": [ 1569.17946, 1614.551986, 1618.844971, 1641.683119 ] }, { "date": "2024-01-12", "close": 1564.828369, "volume": 88629, "typical_volume": 126473.05, "trend": 1684.130302, "fair_value": 808.049033, "relative_strength": -4.347409, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.865205, "energy": 42.536698, "activity_lines": [ 1562.734277, 1598.738292, 1613.462874, 1633.929684 ] }, { "date": "2024-01-19", "close": 1533.717529, "volume": 74096, "typical_volume": 128236.15, "trend": 1675.546989, "fair_value": 816.237345, "relative_strength": -5.695727, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.240134, "energy": 43.126633, "activity_lines": [ 1551.495117, 1579.764935, 1605.582179, 1624.225634 ] }, { "date": "2024-01-26", "close": 1362.183594, "volume": 105151, "typical_volume": 127787.0, "trend": 1663.678121, "fair_value": 823.37766, "relative_strength": -15.643448, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.942287, "energy": 59.361345, "activity_lines": [ 1488.018416, 1534.092476, 1581.793342, 1604.00864 ] }, { "date": "2024-02-02", "close": 1512.294434, "volume": 216146, "typical_volume": 135867.15, "trend": 1655.57937, "fair_value": 831.014738, "relative_strength": -9.088617, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.577394, "energy": 52.232695, "activity_lines": [ 1487.645532, 1522.579701, 1574.077345, 1594.241951 ] }, { "date": "2024-02-09", "close": 1456.364868, "volume": 125627, "typical_volume": 141203.55, "trend": 1629.107621, "fair_value": 838.683002, "relative_strength": -12.566712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.006843, "energy": 59.027345, "activity_lines": [ 1469.987752, 1504.262766, 1561.636109, 1581.389402 ] }, { "date": "2024-02-16", "close": 1583.654541, "volume": 157189, "typical_volume": 147020.55, "trend": 1611.422489, "fair_value": 847.132522, "relative_strength": -6.611609, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.918664, "energy": 37.341611, "activity_lines": [ 1502.580013, 1513.105258, 1561.97235, 1578.456946 ] }, { "date": "2024-02-23", "close": 1677.686157, "volume": 205387, "typical_volume": 155635.55, "trend": 1597.769499, "fair_value": 856.240207, "relative_strength": -2.462474, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.379735, "energy": 10.841203, "activity_lines": [ 1565.261068, 1540.222923, 1570.908003, 1582.732021 ] }, { "date": "2024-03-01", "close": 1751.343384, "volume": 216400, "typical_volume": 163315.8, "trend": 1601.012268, "fair_value": 865.807638, "relative_strength": 0.591173, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.064266, "energy": 21.108211, "activity_lines": [ 1642.896623, 1579.462591, 1586.17045, 1592.640014 ] }, { "date": "2024-03-08", "close": 1609.771729, "volume": 128891, "typical_volume": 159338.2, "trend": 1601.727165, "fair_value": 874.435082, "relative_strength": -8.514793, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.288161, "energy": 20.981624, "activity_lines": [ 1647.39764, 1589.450018, 1586.648188, 1593.20514 ] }, { "date": "2024-03-15", "close": 1477.088745, "volume": 168634, "typical_volume": 163959.7, "trend": 1598.524699, "fair_value": 882.268349, "relative_strength": -14.562358, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.262702, "energy": 15.06166, "activity_lines": [ 1601.17251, 1573.911395, 1574.546759, 1585.163952 ] }, { "date": "2024-03-22", "close": 1472.544556, "volume": 93832, "typical_volume": 133127.45, "trend": 1592.198201, "fair_value": 890.106554, "relative_strength": -15.431084, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.576214, "energy": 18.389915, "activity_lines": [ 1552.051058, 1559.302526, 1562.184478, 1577.036201 ] }, { "date": "2024-03-29", "close": 1622.855225, "volume": 169778, "typical_volume": 127114.45, "trend": 1592.1705, "fair_value": 898.891415, "relative_strength": -8.290953, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.695464, "energy": 14.148116, "activity_lines": [ 1560.440495, 1573.700757, 1565.230883, 1579.014073 ] }, { "date": "2024-04-05", "close": 1694.514893, "volume": 90750, "typical_volume": 126042.9, "trend": 1590.812215, "fair_value": 908.147094, "relative_strength": -5.570545, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.418823, "energy": 5.703134, "activity_lines": [ 1596.371883, 1599.507333, 1575.853213, 1585.616937 ] }, { "date": "2024-04-12", "close": 1685.326416, "volume": 75652, "typical_volume": 121842.5, "trend": 1592.370251, "fair_value": 917.390995, "relative_strength": -6.461839, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.149696, "energy": 15.910297, "activity_lines": [ 1633.029012, 1617.60089, 1585.81637, 1591.714628 ] }, { "date": "2024-04-19", "close": 1603.629395, "volume": 59685, "typical_volume": 122059.05, "trend": 1592.696509, "fair_value": 926.095596, "relative_strength": -9.706927, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.836433, "energy": 18.83545, "activity_lines": [ 1637.416822, 1617.694407, 1588.056166, 1592.441024 ] }, { "date": "2024-04-26", "close": 1951.890503, "volume": 511423, "typical_volume": 143681.75, "trend": 1607.462899, "fair_value": 937.032958, "relative_strength": 7.913934, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 75.879355, "energy": 64.170291, "activity_lines": [ 1749.455624, 1678.430589, 1623.814198, 1615.61483 ] }, { "date": "2024-05-03", "close": 1579.959229, "volume": 342592, "typical_volume": 158145.85, "trend": 1609.022599, "fair_value": 945.440322, "relative_strength": -13.067013, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.949916, "energy": 41.106444, "activity_lines": [ 1705.560938, 1664.847703, 1622.705358, 1613.8404 ] }, { "date": "2024-05-10", "close": 1477.937866, "volume": 98144, "typical_volume": 158311.7, "trend": 1609.020939, "fair_value": 953.221404, "relative_strength": -16.898559, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.668827, "energy": 6.684063, "activity_lines": [ 1630.518864, 1634.492332, 1612.012887, 1605.38332 ] }, { "date": "2024-05-17", "close": 1649.621338, "volume": 159861, "typical_volume": 164431.35, "trend": 1609.9481, "fair_value": 961.730186, "relative_strength": -8.772224, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.308585, "energy": 5.41291, "activity_lines": [ 1627.143083, 1640.323147, 1618.053361, 1608.002701 ] }, { "date": "2024-05-24", "close": 1571.369995, "volume": 73961, "typical_volume": 158091.4, "trend": 1611.887321, "fair_value": 969.429155, "relative_strength": -14.583229, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.076946, "energy": 11.982743, "activity_lines": [ 1600.063859, 1631.201907, 1616.084408, 1605.513791 ] }, { "date": "2024-05-31", "close": 1501.95752, "volume": 78539, "typical_volume": 157586.9, "trend": 1605.214063, "fair_value": 976.666617, "relative_strength": -16.318299, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.307671, "energy": 16.907483, "activity_lines": [ 1551.99777, 1607.746012, 1607.515683, 1598.421545 ] }, { "date": "2024-06-07", "close": 1531.370483, "volume": 78379, "typical_volume": 157801.05, "trend": 1596.906201, "fair_value": 984.236216, "relative_strength": -17.059627, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -21.855335, "energy": 23.419032, "activity_lines": [ 1543.731535, 1589.103147, 1602.047577, 1593.657444 ] }, { "date": "2024-06-14", "close": 1642.031006, "volume": 176332, "typical_volume": 161360.1, "trend": 1593.645309, "fair_value": 992.694114, "relative_strength": -11.418645, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.23063, "energy": 8.002209, "activity_lines": [ 1575.59139, 1592.243737, 1607.129745, 1596.568721 ] }, { "date": "2024-06-21", "close": 1643.778809, "volume": 84206, "typical_volume": 154763.1, "trend": 1591.859225, "fair_value": 1001.057828, "relative_strength": -10.893902, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 29.590546, "energy": 13.137567, "activity_lines": [ 1597.094304, 1596.656361, 1611.045763, 1599.803141 ] }, { "date": "2024-06-28", "close": 1653.716309, "volume": 166332, "typical_volume": 156798.35, "trend": 1591.075216, "fair_value": 1009.47028, "relative_strength": -11.810894, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 33.399301, "energy": 16.101465, "activity_lines": [ 1622.299219, 1603.631215, 1615.282094, 1603.79392 ] }, { "date": "2024-07-05", "close": 1875.08728, "volume": 841347, "typical_volume": 191006.25, "trend": 1598.629028, "fair_value": 1019.069989, "relative_strength": -0.959115, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 66.360499, "energy": 45.993671, "activity_lines": [ 1715.804704, 1649.944665, 1639.661606, 1622.117279 ] }, { "date": "2024-07-12", "close": 1899.756348, "volume": 350445, "typical_volume": 198259.15, "trend": 1608.360103, "fair_value": 1028.863492, "relative_strength": 0.54517, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.89007, "energy": 61.54201, "activity_lines": [ 1792.657894, 1702.139822, 1665.002778, 1641.544848 ] }, { "date": "2024-07-19", "close": 1788.546387, "volume": 274352, "typical_volume": 201156.75, "trend": 1616.038761, "fair_value": 1038.012246, "relative_strength": -4.639087, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.366555, "energy": 58.694741, "activity_lines": [ 1807.88204, 1728.300493, 1678.695048, 1653.16977 ] }, { "date": "2024-07-26", "close": 1786.499023, "volume": 107393, "typical_volume": 200081.85, "trend": 1624.499768, "fair_value": 1047.051405, "relative_strength": -5.095032, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.278195, "energy": 60.490186, "activity_lines": [ 1812.656038, 1748.441488, 1692.015174, 1664.167206 ] }, { "date": "2024-08-02", "close": 1665.101929, "volume": 122529, "typical_volume": 197776.6, "trend": 1627.547595, "fair_value": 1055.474118, "relative_strength": -10.731075, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.505008, "energy": 36.951187, "activity_lines": [ 1767.449658, 1744.0216, 1692.932113, 1666.7867 ] }, { "date": "2024-08-09", "close": 1606.675537, "volume": 71474, "typical_volume": 196658.7, "trend": 1628.942501, "fair_value": 1063.647431, "relative_strength": -12.27186, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.393248, "energy": 11.888191, "activity_lines": [ 1702.008773, 1727.274514, 1687.389333, 1665.440116 ] }, { "date": "2024-08-16", "close": 1553.09314, "volume": 56327, "typical_volume": 190986.15, "trend": 1629.588355, "fair_value": 1071.617677, "relative_strength": -15.404055, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.275159, "energy": 15.027403, "activity_lines": [ 1636.601205, 1698.88121, 1676.104749, 1660.546609 ] }, { "date": "2024-08-23", "close": 1656.612549, "volume": 158810, "typical_volume": 194389.15, "trend": 1639.402653, "fair_value": 1080.155673, "relative_strength": -10.33997, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.396069, "energy": 14.784269, "activity_lines": [ 1628.810986, 1688.91466, 1675.011357, 1662.290105 ] }, { "date": "2024-08-30", "close": 1599.184937, "volume": 36859, "typical_volume": 192449.5, "trend": 1642.299003, "fair_value": 1088.317584, "relative_strength": -14.417643, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.867911, "energy": 19.223808, "activity_lines": [ 1610.67382, 1668.241606, 1668.629155, 1659.695414 ] }, { "date": "2024-09-06", "close": 1588.997803, "volume": 37478, "typical_volume": 191339.15, "trend": 1646.720101, "fair_value": 1096.362932, "relative_strength": -13.116898, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.929069, "energy": 19.049998, "activity_lines": [ 1601.628548, 1646.527144, 1661.686948, 1656.256627 ] }, { "date": "2024-09-13", "close": 1588.548462, "volume": 37911, "typical_volume": 167663.55, "trend": 1646.883232, "fair_value": 1104.361131, "relative_strength": -14.45555, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.88689, "energy": 15.425286, "activity_lines": [ 1597.507105, 1625.907684, 1654.771621, 1652.503618 ] }, { "date": "2024-09-20", "close": 1527.800049, "volume": 35176, "typical_volume": 152292.75, "trend": 1641.887028, "fair_value": 1112.079126, "relative_strength": -18.647651, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.805906, "energy": 27.393546, "activity_lines": [ 1574.344662, 1599.452854, 1643.80093, 1644.820832 ] }, { "date": "2024-09-27", "close": 1546.800049, "volume": 43863, "typical_volume": 149578.7, "trend": 1635.068917, "fair_value": 1119.942546, "relative_strength": -18.474514, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.979973, "energy": 30.942105, "activity_lines": [ 1559.201758, 1583.215412, 1634.888141, 1638.686188 ] }, { "date": "2024-10-04", "close": 1499.449951, "volume": 27392, "typical_volume": 142955.25, "trend": 1631.391524, "fair_value": 1127.441448, "relative_strength": -16.893147, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.699232, "energy": 52.612324, "activity_lines": [ 1535.596322, 1562.764249, 1621.137903, 1629.936577 ] }, { "date": "2024-10-11", "close": 1513.449951, "volume": 34111, "typical_volume": 140962.75, "trend": 1632.603565, "fair_value": 1134.977087, "relative_strength": -15.628447, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.170181, "energy": 54.972016, "activity_lines": [ 1523.306551, 1550.077615, 1609.4361, 1622.327443 ] }, { "date": "2024-10-18", "close": 1466.949951, "volume": 20267, "typical_volume": 138049.15, "trend": 1632.417078, "fair_value": 1142.211136, "relative_strength": -17.327864, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.916668, "energy": 61.993058, "activity_lines": [ 1500.553304, 1531.693743, 1593.581536, 1611.640113 ] }, { "date": "2024-10-25", "close": 1231.900024, "volume": 59935, "typical_volume": 137126.95, "trend": 1619.385238, "fair_value": 1147.987311, "relative_strength": -28.089459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.874508, "energy": 80.592513, "activity_lines": [ 1407.556649, 1473.113987, 1555.507967, 1585.800304 ] }, { "date": "2024-11-01", "close": 1295.900024, "volume": 50965, "typical_volume": 130858.6, "trend": 1606.098075, "fair_value": 1154.049845, "relative_strength": -24.012167, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.153579, "energy": 80.763287, "activity_lines": [ 1355.619995, 1432.010469, 1524.955686, 1564.93029 ] }, { "date": "2024-11-08", "close": 1250.150024, "volume": 35439, "typical_volume": 128420.25, "trend": 1591.592196, "fair_value": 1159.670945, "relative_strength": -25.405211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.143434, "energy": 86.010059, "activity_lines": [ 1305.160009, 1389.147179, 1491.694505, 1541.965899 ] }, { "date": "2024-11-15", "close": 1155.550049, "volume": 33390, "typical_volume": 121773.15, "trend": 1576.656217, "fair_value": 1164.751734, "relative_strength": -28.472076, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.071093, "energy": 92.622178, "activity_lines": [ 1239.786694, 1335.429983, 1451.298225, 1513.834148 ] }, { "date": "2024-11-22", "close": 1180.099976, "volume": 29244, "typical_volume": 81168.0, "trend": 1550.929867, "fair_value": 1169.852586, "relative_strength": -27.356423, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.397543, "energy": 88.878353, "activity_lines": [ 1206.456681, 1294.057278, 1415.612254, 1488.249874 ] }, { "date": "2024-11-29", "close": 1259.050049, "volume": 26869, "typical_volume": 64989.2, "trend": 1540.232894, "fair_value": 1174.819287, "relative_strength": -22.545148, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.929828, "energy": 82.616187, "activity_lines": [ 1218.566691, 1274.465467, 1390.754801, 1469.418918 ] }, { "date": "2024-12-06", "close": 1300.800049, "volume": 38540, "typical_volume": 53198.6, "trend": 1534.3283, "fair_value": 1179.960055, "relative_strength": -21.166614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.770059, "energy": 57.590237, "activity_lines": [ 1242.783366, 1267.35093, 1372.92452, 1453.971638 ] }, { "date": "2024-12-13", "close": 1353.400024, "volume": 78979, "typical_volume": 51777.9, "trend": 1524.454256, "fair_value": 1185.680367, "relative_strength": -17.798831, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.990383, "energy": 39.150479, "activity_lines": [ 1284.206698, 1274.272752, 1362.426363, 1442.298846 ] }, { "date": "2024-12-20", "close": 1297.25, "volume": 29464, "typical_volume": 47124.65, "trend": 1515.316923, "fair_value": 1191.107482, "relative_strength": -16.832113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.267157, "energy": 29.114741, "activity_lines": [ 1300.030021, 1273.640931, 1348.642961, 1427.640507 ] }, { "date": "2024-12-27", "close": 1197.849976, "volume": 23380, "typical_volume": 44719.95, "trend": 1505.180005, "fair_value": 1195.813755, "relative_strength": -23.483165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.004941, "energy": 34.267849, "activity_lines": [ 1273.27334, 1258.867287, 1327.144565, 1407.158768 ] }, { "date": "2025-01-03", "close": 1243.449951, "volume": 46527, "typical_volume": 44229.95, "trend": 1495.582654, "fair_value": 1200.518558, "relative_strength": -20.723813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.48114, "energy": 31.468006, "activity_lines": [ 1260.533317, 1257.277275, 1311.935813, 1390.272958 ] }, { "date": "2025-01-10", "close": 1130.050049, "volume": 50711, "typical_volume": 38825.0, "trend": 1478.516622, "fair_value": 1204.70368, "relative_strength": -25.682628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.564719, "energy": 49.45363, "activity_lines": [ 1211.033333, 1234.8591, 1287.401561, 1366.69021 ] }, { "date": "2025-01-17", "close": 1106.449951, "volume": 63595, "typical_volume": 40161.8, "trend": 1460.60566, "fair_value": 1208.747099, "relative_strength": -26.009012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.737512, "energy": 60.245326, "activity_lines": [ 1165.049984, 1211.165452, 1263.127121, 1342.685908 ] }, { "date": "2025-01-24", "close": 1084.0, "volume": 28720, "typical_volume": 39723.9, "trend": 1441.615116, "fair_value": 1212.64533, "relative_strength": -26.793718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.175699, "energy": 78.134201, "activity_lines": [ 1128.046655, 1186.002723, 1239.060948, 1318.388769 ] }, { "date": "2025-01-31", "close": 888.450012, "volume": 133727, "typical_volume": 44514.7, "trend": 1408.727207, "fair_value": 1215.453848, "relative_strength": -40.501722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.676424, "energy": 92.924212, "activity_lines": [ 1040.076664, 1126.586361, 1198.775718, 1282.700698 ] }, { "date": "2025-02-07", "close": 907.549988, "volume": 158845, "typical_volume": 50698.15, "trend": 1375.653662, "fair_value": 1218.600344, "relative_strength": -38.830794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.717742, "energy": 90.781426, "activity_lines": [ 979.099996, 1075.945449, 1163.643335, 1250.366684 ] }, { "date": "2025-02-14", "close": 754.849976, "volume": 65841, "typical_volume": 51797.05, "trend": 1341.197115, "fair_value": 1220.743087, "relative_strength": -47.094424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.039603, "energy": 95.004936, "activity_lines": [ 889.616655, 1003.931808, 1116.921666, 1210.314833 ] }, { "date": "2025-02-21", "close": 764.150024, "volume": 75114, "typical_volume": 54183.15, "trend": 1307.118815, "fair_value": 1223.151728, "relative_strength": -45.420754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.105095, "energy": 92.052476, "activity_lines": [ 828.246667, 943.53545, 1074.856907, 1173.085988 ] }, { "date": "2025-02-28", "close": 719.799988, "volume": 36101, "typical_volume": 54282.65, "trend": 1275.60875, "fair_value": 1225.361014, "relative_strength": -46.256951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.823785, "energy": 90.906129, "activity_lines": [ 774.91333, 885.789086, 1032.069762, 1135.194451 ] }, { "date": "2025-03-07", "close": 782.799988, "volume": 107608, "typical_volume": 58649.7, "trend": 1248.146232, "fair_value": 1227.904214, "relative_strength": -41.982532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.913294, "energy": 83.380176, "activity_lines": [ 766.859994, 849.996358, 999.061904, 1103.400337 ] }, { "date": "2025-03-14", "close": 713.950012, "volume": 122396, "typical_volume": 61772.75, "trend": 1220.174795, "fair_value": 1229.682595, "relative_strength": -46.108833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.556057, "energy": 78.07271, "activity_lines": [ 742.9, 809.231816, 962.754761, 1068.936065 ] }, { "date": "2025-03-21", "close": 774.799988, "volume": 87342, "typical_volume": 63591.6, "trend": 1190.781043, "fair_value": 1231.988987, "relative_strength": -43.286167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.547047, "energy": 64.660142, "activity_lines": [ 752.129997, 789.158178, 934.709283, 1040.202207 ] }, { "date": "2025-03-28", "close": 686.400024, "volume": 164172, "typical_volume": 70028.25, "trend": 1160.354879, "fair_value": 1233.705721, "relative_strength": -49.394192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.930271, "energy": 66.22544, "activity_lines": [ 730.563338, 759.470911, 900.72619, 1007.661496 ] }, { "date": "2025-04-04", "close": 746.950012, "volume": 58071, "typical_volume": 71262.3, "trend": 1132.286619, "fair_value": 1235.501173, "relative_strength": -42.635708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.945757, "energy": 60.93819, "activity_lines": [ 734.363342, 748.430004, 875.194286, 980.990214 ] }, { "date": "2025-04-11", "close": 739.700012, "volume": 26967, "typical_volume": 71148.45, "trend": 1103.991671, "fair_value": 1237.021515, "relative_strength": -42.17352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.45057, "energy": 56.661429, "activity_lines": [ 733.936678, 742.199097, 850.917621, 955.662046 ] }, { "date": "2025-04-18", "close": 826.650024, "volume": 68951, "typical_volume": 73252.55, "trend": 1080.620003, "fair_value": 1238.885284, "relative_strength": -37.336281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.015652, "energy": 45.880322, "activity_lines": [ 765.366683, 754.481828, 837.019051, 937.769036 ] }, { "date": "2025-04-25", "close": 794.900024, "volume": 61266, "typical_volume": 74388.85, "trend": 1055.556669, "fair_value": 1240.192675, "relative_strength": -39.069659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.648197, "energy": 35.653414, "activity_lines": [ 778.70002, 762.462741, 822.15572, 919.335489 ] }, { "date": "2025-05-02", "close": 752.049988, "volume": 54152, "typical_volume": 73147.5, "trend": 1030.643337, "fair_value": 1240.190144, "relative_strength": -42.275835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.667236, "energy": 35.738014, "activity_lines": [ 776.41001, 761.924555, 805.62048, 899.754413 ] }, { "date": "2025-05-09", "close": 734.400024, "volume": 32418, "typical_volume": 73295.2, "trend": 1004.675006, "fair_value": 1240.798695, "relative_strength": -42.077183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.091936, "energy": 36.214537, "activity_lines": [ 763.860014, 758.397285, 790.267864, 880.641941 ] }, { "date": "2025-05-16", "close": 837.549988, "volume": 42660, "typical_volume": 74259.2, "trend": 983.695007, "fair_value": 1241.133807, "relative_strength": -35.67728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.328483, "energy": 30.539581, "activity_lines": [ 786.530005, 773.3591, 787.419291, 869.859682 ] }, { "date": "2025-05-23", "close": 820.450012, "volume": 26944, "typical_volume": 73280.05, "trend": 969.980007, "fair_value": 1241.853615, "relative_strength": -35.726416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.268118, "energy": 26.164069, "activity_lines": [ 796.976672, 784.216373, 784.657864, 859.327747 ] }, { "date": "2025-05-30", "close": 828.799988, "volume": 18113, "typical_volume": 71650.15, "trend": 954.410006, "fair_value": 1242.623436, "relative_strength": -33.983467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.967696, "energy": 15.60047, "activity_lines": [ 810.619999, 794.65546, 784.705957, 850.219359 ] }, { "date": "2025-06-06", "close": 898.0, "volume": 76676, "typical_volume": 72304.2, "trend": 942.671672, "fair_value": 1244.011835, "relative_strength": -28.38328, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.480961, "energy": 15.620024, "activity_lines": [ 845.069999, 816.694549, 792.779052, 846.580003 ] }, { "date": "2025-06-13", "close": 895.75, "volume": 45689, "typical_volume": 73152.65, "trend": 934.01167, "fair_value": 1245.508112, "relative_strength": -26.793543, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.245101, "energy": 19.074539, "activity_lines": [ 869.039998, 834.477275, 801.630481, 843.552799 ] }, { "date": "2025-06-20", "close": 840.299988, "volume": 48745, "typical_volume": 68903.55, "trend": 922.685004, "fair_value": 1246.348777, "relative_strength": -31.43033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.144936, "energy": 18.17883, "activity_lines": [ 863.769995, 839.472726, 806.097384, 837.506884 ] }, { "date": "2025-06-27", "close": 862.700012, "volume": 48029, "typical_volume": 63362.75, "trend": 909.473336, "fair_value": 1246.901628, "relative_strength": -30.074465, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.344406, "energy": 17.694386, "activity_lines": [ 865.783333, 846.711819, 812.926909, 833.636884 ] }, { "date": "2025-07-04", "close": 931.450012, "volume": 68199, "typical_volume": 63480.65, "trend": 897.161668, "fair_value": 1247.462182, "relative_strength": -22.726918, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.660184, "energy": 27.499137, "activity_lines": [ 887.896671, 865.795457, 826.517624, 835.054734 ] }, { "date": "2025-07-11", "close": 924.900024, "volume": 41695, "typical_volume": 61809.7, "trend": 882.878334, "fair_value": 1248.491984, "relative_strength": -21.013294, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.482086, "energy": 30.94794, "activity_lines": [ 900.983345, 881.205461, 838.643578, 836.844306 ] }, { "date": "2025-07-18", "close": 929.349976, "volume": 42399, "typical_volume": 62124.6, "trend": 870.615, "fair_value": 1249.432163, "relative_strength": -18.860426, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.490376, "energy": 45.560637, "activity_lines": [ 913.760002, 894.281819, 850.427861, 839.842476 ] }, { "date": "2025-07-25", "close": 925.299988, "volume": 18130, "typical_volume": 57650.7, "trend": 861.530001, "fair_value": 1250.827918, "relative_strength": -17.588473, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.738027, "energy": 51.833318, "activity_lines": [ 922.946663, 903.077272, 860.828573, 843.37054 ] }, { "date": "2025-08-01", "close": 850.900024, "volume": 158172, "typical_volume": 59439.5, "trend": 848.445003, "fair_value": 1251.855959, "relative_strength": -22.29502, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.417431, "energy": 24.699536, "activity_lines": [ 901.666671, 896.750003, 863.465004, 842.684735 ] }, { "date": "2025-08-08", "close": 832.150024, "volume": 20169, "typical_volume": 56080.85, "trend": 838.515002, "fair_value": 1252.821285, "relative_strength": -22.311972, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 34.644797, "energy": 18.253755, "activity_lines": [ 874.923344, 886.460007, 863.663577, 841.633446 ] }, { "date": "2025-08-15", "close": 827.099976, "volume": 10372, "typical_volume": 48390.85, "trend": 829.203337, "fair_value": 1253.817146, "relative_strength": -22.618117, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.290927, "energy": 19.552584, "activity_lines": [ 853.116667, 875.190911, 863.108098, 840.896993 ] }, { "date": "2025-08-22", "close": 881.0, "volume": 18351, "typical_volume": 46404.85, "trend": 822.43667, "fair_value": 1255.080605, "relative_strength": -17.21803, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.536219, "energy": 22.983759, "activity_lines": [ 855.796667, 875.010911, 867.015955, 844.238713 ] }, { "date": "2025-08-29", "close": 835.950012, "volume": 14060, "typical_volume": 45759.5, "trend": 820.68667, "fair_value": 1255.896898, "relative_strength": -18.964285, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.840306, "energy": 17.647512, "activity_lines": [ 846.683337, 866.908185, 865.995003, 845.110541 ] }, { "date": "2025-09-05", "close": 830.049988, "volume": 15559, "typical_volume": 43089.9, "trend": 818.103337, "fair_value": 1256.1619, "relative_strength": -19.443184, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.949636, "energy": 11.555063, "activity_lines": [ 841.559998, 857.811819, 863.953811, 845.714626 ] }, { "date": "2025-09-12", "close": 830.200012, "volume": 18775, "typical_volume": 40965.35, "trend": 820.615004, "fair_value": 1256.239783, "relative_strength": -19.525695, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.230034, "energy": 9.597158, "activity_lines": [ 837.876668, 849.336366, 861.910717, 846.495057 ] }, { "date": "2025-09-19", "close": 818.150024, "volume": 23211, "typical_volume": 39418.3, "trend": 822.415004, "fair_value": 1256.267263, "relative_strength": -20.356611, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.53968, "energy": 15.41638, "activity_lines": [ 830.306677, 840.510915, 858.551909, 846.336026 ] }, { "date": "2025-09-26", "close": 838.25, "volume": 55409, "typical_volume": 40567.85, "trend": 826.363338, "fair_value": 1256.785824, "relative_strength": -15.165648, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 5.399328, "energy": 18.638637, "activity_lines": [ 830.033341, 837.280915, 856.792623, 847.357639 ] }, { "date": "2025-10-03", "close": 849.099976, "volume": 9339, "typical_volume": 38901.8, "trend": 828.573338, "fair_value": 1256.864314, "relative_strength": -13.826239, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.935808, "energy": 9.264863, "activity_lines": [ 836.226664, 837.68, 855.572144, 848.824519 ] }, { "date": "2025-10-10", "close": 805.349976, "volume": 19024, "typical_volume": 38505.8, "trend": 831.620003, "fair_value": 1256.274544, "relative_strength": -18.38963, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.980863, "energy": 17.765682, "activity_lines": [ 826.95999, 831.509995, 850.129999, 847.326237 ] }, { "date": "2025-10-17", "close": 775.599976, "volume": 25726, "typical_volume": 38886.45, "trend": 831.646669, "fair_value": 1256.153636, "relative_strength": -21.587159, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.928928, "energy": 32.940951, "activity_lines": [ 809.423316, 820.759082, 841.926425, 843.712042 ] }, { "date": "2025-10-24", "close": 811.25, "volume": 15003, "typical_volume": 35802.8, "trend": 835.808335, "fair_value": 1256.588639, "relative_strength": -17.449719, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.886794, "energy": 29.438777, "activity_lines": [ 807.409986, 817.518174, 837.371425, 842.396128 ] }, { "date": "2025-10-31", "close": 808.849976, "volume": 23560, "typical_volume": 34696.35, "trend": 837.871667, "fair_value": 1257.046304, "relative_strength": -16.538655, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.862846, "energy": 40.322392, "activity_lines": [ 805.056649, 814.12908, 833.000947, 840.656879 ] }, { "date": "2025-11-07", "close": 774.349976, "volume": 11396, "typical_volume": 32828.9, "trend": 839.026666, "fair_value": 1257.242531, "relative_strength": -18.488186, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.052661, "energy": 57.182752, "activity_lines": [ 793.163314, 805.779076, 825.758564, 836.558705 ] }, { "date": "2025-11-14", "close": 753.25, "volume": 20006, "typical_volume": 31427.75, "trend": 836.579999, "fair_value": 1257.521546, "relative_strength": -21.172799, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.894508, "energy": 58.570213, "activity_lines": [ 779.219987, 794.712714, 816.820707, 831.024727 ] }, { "date": "2025-11-21", "close": 692.349976, "volume": 29364, "typical_volume": 29486.0, "trend": 833.161664, "fair_value": 1257.467084, "relative_strength": -27.11882, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.136035, "energy": 78.497874, "activity_lines": [ 748.449984, 773.969984, 802.604038, 821.719564 ] }, { "date": "2025-11-28", "close": 706.650024, "volume": 21541, "typical_volume": 28478.3, "trend": 831.648332, "fair_value": 1257.438749, "relative_strength": -24.998506, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.552035, "energy": 80.390762, "activity_lines": [ 727.996663, 758.333627, 790.887851, 813.557523 ] }, { "date": "2025-12-05", "close": 700.400024, "volume": 10336, "typical_volume": 26875.15, "trend": 830.514998, "fair_value": 1257.49216, "relative_strength": -24.56752, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.090662, "energy": 80.599922, "activity_lines": [ 712.433341, 743.588179, 779.615711, 805.08989 ] }, { "date": "2025-12-12", "close": 709.299988, "volume": 10267, "typical_volume": 26482.0, "trend": 826.239998, "fair_value": 1257.680312, "relative_strength": -22.040897, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.587877, "energy": 77.295796, "activity_lines": [ 707.066671, 732.96727, 770.281424, 797.269567 ] }, { "date": "2025-12-19", "close": 701.299988, "volume": 11143, "typical_volume": 19130.55, "trend": 822.268331, "fair_value": 1258.36421, "relative_strength": -21.470993, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.989433, "energy": 61.562483, "activity_lines": [ 703.369999, 723.433633, 761.213804, 789.208921 ] }, { "date": "2025-12-26", "close": 698.150024, "volume": 7956, "typical_volume": 18519.9, "trend": 817.913332, "fair_value": 1258.683586, "relative_strength": -21.013966, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.560341, "energy": 54.194613, "activity_lines": [ 702.086674, 715.219093, 752.558569, 781.201288 ] }, { "date": "2026-01-02", "close": 693.849976, "volume": 14194, "typical_volume": 18711.0, "trend": 811.108331, "fair_value": 1258.24965, "relative_strength": -21.218036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.018454, "energy": 51.215053, "activity_lines": [ 698.983329, 707.630907, 744.1319, 773.197201 ] }, { "date": "2026-01-09", "close": 648.349976, "volume": 16119, "typical_volume": 18599.4, "trend": 802.861664, "fair_value": 1257.125685, "relative_strength": -23.524295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.999796, "energy": 58.244915, "activity_lines": [ 681.566655, 693.90454, 732.006422, 762.696662 ] }, { "date": "2026-01-16", "close": 624.799988, "volume": 12548, "typical_volume": 18523.8, "trend": 795.678331, "fair_value": 1255.917259, "relative_strength": -25.317056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.159708, "energy": 77.053084, "activity_lines": [ 659.769987, 678.814539, 718.745945, 751.208811 ] }, { "date": "2026-01-23", "close": 579.950012, "volume": 28165, "typical_volume": 19154.1, "trend": 786.253331, "fair_value": 1254.836639, "relative_strength": -27.877683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.175687, "energy": 90.249099, "activity_lines": [ 628.656661, 658.289087, 702.219518, 737.290855 ] }, { "date": "2026-01-30", "close": 615.900024, "volume": 17611, "typical_volume": 19095.9, "trend": 775.734998, "fair_value": 1253.801995, "relative_strength": -23.613413, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.229181, "energy": 84.900963, "activity_lines": [ 617.616671, 647.45091, 690.307854, 726.30032 ] }, { "date": "2026-02-06", "close": 587.849976, "volume": 37350, "typical_volume": 19802.85, "trend": 764.499996, "fair_value": 1252.002788, "relative_strength": -27.46567, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.42604, "energy": 81.43929, "activity_lines": [ 602.709998, 632.902723, 676.745234, 714.178705 ] }, { "date": "2026-02-13", "close": 612.150024, "volume": 54502, "typical_volume": 19757.5, "trend": 753.926664, "fair_value": 1250.468372, "relative_strength": -23.392093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.0962, "energy": 58.014585, "activity_lines": [ 602.970007, 624.932728, 666.59357, 704.349675 ] }, { "date": "2026-02-20", "close": 610.700012, "volume": 31608, "typical_volume": 20870.95, "trend": 743.439998, "fair_value": 1248.819476, "relative_strength": -23.420392, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.90389, "energy": 52.247875, "activity_lines": [ 605.16001, 618.30364, 657.380476, 695.109246 ] }, { "date": "2026-02-27", "close": 703.549988, "volume": 55053, "typical_volume": 22672.4, "trend": 738.528331, "fair_value": 1247.440305, "relative_strength": -10.147319, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.52605, "energy": 29.603951, "activity_lines": [ 639.240002, 630.349092, 658.145476, 692.535697 ] }, { "date": "2026-03-06", "close": 694.849976, "volume": 34663, "typical_volume": 23119.25, "trend": 733.951662, "fair_value": 1245.578868, "relative_strength": -8.258533, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.687902, "energy": 20.190014, "activity_lines": [ 662.179993, 640.771815, 658.566664, 689.717738 ] }, { "date": "2026-03-13", "close": 703.549988, "volume": 26080, "typical_volume": 23673.1, "trend": 729.833329, "fair_value": 1244.298808, "relative_strength": -1.805766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.777667, "energy": 19.558506, "activity_lines": [ 682.756657, 652.836359, 660.200949, 687.75634 ] }, { "date": "2026-03-20", "close": 698.25, "volume": 54536, "typical_volume": 25221.9, "trend": 723.741663, "fair_value": 1243.229353, "relative_strength": -2.210512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.465525, "energy": 18.474881, "activity_lines": [ 693.853325, 663.760905, 661.84333, 685.718706 ] }, { "date": "2026-03-27", "close": 692.099976, "volume": 53098, "typical_volume": 27307.0, "trend": 718.946661, "fair_value": 1242.220226, "relative_strength": -1.88912, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.9861, "energy": 15.955082, "activity_lines": [ 697.159986, 672.659992, 663.426662, 683.677307 ] }, { "date": "2026-04-03", "close": 708.25, "volume": 21255, "typical_volume": 27369.45, "trend": 714.886662, "fair_value": 1240.901556, "relative_strength": 0.960806, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.464277, "energy": 12.737632, "activity_lines": [ 700.423324, 683.271811, 666.939757, 682.987199 ] }, { "date": "2026-04-10", "close": 758.400024, "volume": 25970, "typical_volume": 27199.75, "trend": 712.493329, "fair_value": 1239.010443, "relative_strength": 2.152755, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.392043, "energy": 29.626796, "activity_lines": [ 720.090002, 700.669089, 675.443331, 685.794513 ] }, { "date": "2026-04-17", "close": 823.599976, "volume": 41469, "typical_volume": 28196.15, "trend": 712.674994, "fair_value": 1237.189111, "relative_strength": 9.612197, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.976419, "energy": 49.774576, "activity_lines": [ 757.253329, 727.329994, 689.8419, 692.962684 ] }, { "date": "2026-04-24", "close": 805.700012, "volume": 43029, "typical_volume": 29830.8, "trend": 711.589994, "fair_value": 1235.181421, "relative_strength": 9.230098, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.294399, "energy": 57.493195, "activity_lines": [ 780.446667, 746.449997, 701.978807, 698.964298 ] }, { "date": "2026-05-01", "close": 855.650024, "volume": 35378, "typical_volume": 31086.35, "trend": 711.808329, "fair_value": 1233.646427, "relative_strength": 15.178382, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.665663, "energy": 68.11219, "activity_lines": [ 813.126676, 771.132729, 718.371428, 708.258493 ] }, { "date": "2026-05-08", "close": 757.849976, "volume": 90864, "typical_volume": 35072.4, "trend": 710.224996, "fair_value": 1229.265383, "relative_strength": 1.212367, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 62.703436, "energy": 66.566268, "activity_lines": [ 802.303333, 773.579998, 724.752855, 711.228922 ] }, { "date": "2026-05-15", "close": 705.5, "volume": 27728, "typical_volume": 36061.0, "trend": 707.88833, "fair_value": 1224.311216, "relative_strength": -3.438401, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.692832, "energy": 35.329648, "activity_lines": [ 770.723332, 765.521817, 725.879284, 710.924084 ] }, { "date": "2026-05-22", "close": 721.299988, "volume": 18794, "typical_volume": 36291.0, "trend": 704.889996, "fair_value": 1218.638589, "relative_strength": -1.431742, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.914346, "energy": 20.899872, "activity_lines": [ 747.936662, 760.142725, 728.475473, 711.789352 ] }, { "date": "2026-05-29", "close": 710.349976, "volume": 14361, "typical_volume": 36203.1, "trend": 701.606663, "fair_value": 1212.355774, "relative_strength": -2.018167, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.818988, "energy": 23.482132, "activity_lines": [ 728.319987, 752.449993, 729.89809, 712.141609 ] }, { "date": "2026-06-05", "close": 765.5, "volume": 25108, "typical_volume": 36831.1, "trend": 701.311664, "fair_value": 1207.048966, "relative_strength": 6.617188, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.540275, "energy": 23.175473, "activity_lines": [ 733.443323, 754.56454, 736.277852, 716.263759 ] }, { "date": "2026-06-12", "close": 737.25, "volume": 6776, "typical_volume": 35761.65, "trend": 700.778331, "fair_value": 1201.575455, "relative_strength": 1.889626, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.623872, "energy": 16.926195, "activity_lines": [ 735.159994, 750.208177, 739.297138, 718.582362 ] }, { "date": "2026-06-19", "close": 855.0, "volume": 42994, "typical_volume": 37030.8, "trend": 706.199998, "fair_value": 1195.574065, "relative_strength": 16.086601, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 67.939374, "energy": 39.518419, "activity_lines": [ 777.499996, 766.733632, 752.781662, 728.532147 ] }, { "date": "2026-06-26", "close": 929.400024, "volume": 0, "typical_volume": 35163.3, "trend": 713.624998, "fair_value": 1190.517336, "relative_strength": 25.570635, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.56556, "energy": 75.794251, "activity_lines": [ 834.67334, 795.03, 772.213332, 742.932149 ] }, { "date": "2026-07-03", "close": 879.049988, "volume": 7976, "typical_volume": 32837.0, "trend": 719.579997, "fair_value": 1184.900625, "relative_strength": 17.743387, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.045385, "energy": 75.717197, "activity_lines": [ 861.190002, 812.24818, 785.223331, 753.604729 ] }, { "date": "2026-07-10", "close": 886.5, "volume": 56439, "typical_volume": 34078.55, "trend": 725.486664, "fair_value": 1176.156924, "relative_strength": 19.066406, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.214427, "energy": 77.811904, "activity_lines": [ 878.943335, 829.487271, 797.671903, 764.373761 ] }, { "date": "2026-07-17", "close": 871.099976, "volume": 31161, "typical_volume": 32883.95, "trend": 731.146663, "fair_value": 1168.18828, "relative_strength": 16.489187, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.277441, "energy": 74.950147, "activity_lines": [ 883.496659, 843.36545, 807.340472, 773.768168 ] }, { "date": "2026-07-24", "close": 852.549988, "volume": 28243, "typical_volume": 32562.95, "trend": 736.293329, "fair_value": 1160.27337, "relative_strength": 16.828872, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.184944, "energy": 47.618001, "activity_lines": [ 872.943323, 851.811812, 814.444519, 781.600641 ] }, { "date": "2026-07-31", "close": 899.0, "volume": 76379, "typical_volume": 35077.9, "trend": 743.131663, "fair_value": 1155.43324, "relative_strength": 19.913584, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.215352, "energy": 45.895164, "activity_lines": [ 878.036658, 866.029995, 825.221424, 792.097845 ] }, { "date": "2026-08-07", "close": 887.799988, "volume": 34324, "typical_volume": 34067.3, "trend": 751.11333, "fair_value": 1150.942696, "relative_strength": 17.373051, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.199269, "energy": 42.531724, "activity_lines": [ 881.423324, 874.980903, 834.000947, 801.431286 ] } ], "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." } } }