{ "ticker": { "uuid": "bc8d63e9-5f81-479a-bd4f-32b817143930", "symbol": "PANAMAPET", "name": "Panama Petrochem Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 78.766, "architecture_energy": 64.419, "architecture_maturity": 54.336, "architecture_confidence": 83.05, "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": 6.1, "rotation_up": 71.58, "upward_expansion": 85.86, "deceleration": 63.73, "rotation_down": 16.54, "downward_expansion": 10.2 }, "activity_lines": [ 473.529995, 453.092724, 404.346332, 370.903504 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 504.799988, "trend_reference": 335.494333, "distance_from_trend": 0.504645, "trend_direction": "Improving", "fair_value": 339.086182, "distance_from_fair_value": 0.488707, "fair_value_direction": "Improving", "relative_strength": 60.098878, "relative_strength_direction": "Improving", "price_momentum": 0.680146, "excess_performance": 0.723855, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.504645, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.168104, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.488707, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.558692, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.600989, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.562771, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.680146, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.103583, "read": "Demand-led" } ], "volume": { "latest": 1766741, "relative_activity": 1.491007, "balance": 5.103583, "dry_up": 1.408294, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.108741, "annualized_volatility": 0.613814, "from_high_reference": -0.026422, "from_low_reference": 1.204367 }, "levels": { "trend_reference": 335.494333, "fair_value_reference": 339.086182, "structural_low": 229.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 25, "median_return": -0.014912, "positive_rate": 0.44, "directional_follow_through": 0.44, "median_excess_return": -0.008875, "regime_survival": 0.64, "best_return": 0.234373, "worst_return": -0.196283, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.058386, "positive_rate": 0.636364, "directional_follow_through": 0.636364, "median_excess_return": 0.016528, "regime_survival": 0.545455, "best_return": 0.211417, "worst_return": -0.164005, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.023033, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.019152, "regime_survival": 0.333333, "best_return": 0.282147, "worst_return": -0.108758, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.041352, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.029609, "regime_survival": 0.25, "best_return": 0.298276, "worst_return": -0.251795, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-15", "end": "2024-01-26", "tenure": "Developing", "return": -0.049904, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-02", "end": "2024-02-23", "tenure": "New", "return": 0.073869, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-01", "end": "2024-09-27", "tenure": "Extended", "return": 0.127958, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-04", "end": "2024-11-08", "tenure": "Developing", "return": -0.046839, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-15", "end": "2024-11-29", "tenure": "New", "return": 0.096436, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-06", "end": "2024-12-27", "tenure": "New", "return": -0.057486, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-03", "end": "2025-02-14", "tenure": "Developing", "return": -0.152894, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2025-03-14", "tenure": "New", "return": 0.041625, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-06-27", "tenure": "Established", "return": -0.085405, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-04", "end": "2026-01-02", "tenure": "Extended", "return": -0.112537, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-03-06", "tenure": "Developing", "return": -0.062765, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-05-08", "tenure": "Developing", "return": 0.132394, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-15", "end": "2026-05-29", "tenure": "New", "return": 0.109407, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": 0.464249, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 273.969055, "volume": 343768, "typical_volume": 363100.05, "trend": 283.065026, "fair_value": 227.025058, "relative_strength": -12.693652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.8582, "energy": 32.312097, "activity_lines": [ 275.157005, 277.349357, 278.612955, 279.890932 ] }, { "date": "2023-08-25", "close": 286.262268, "volume": 576565, "typical_volume": 383793.65, "trend": 282.692843, "fair_value": 228.536741, "relative_strength": -8.357052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.91612, "energy": 14.693563, "activity_lines": [ 278.670245, 278.847766, 279.203081, 280.097206 ] }, { "date": "2023-09-01", "close": 313.513885, "volume": 2753491, "typical_volume": 514089.85, "trend": 282.867294, "fair_value": 230.233299, "relative_strength": -0.388615, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 41.065759, "energy": 39.763195, "activity_lines": [ 290.68161, 285.052513, 282.393022, 282.08566 ] }, { "date": "2023-09-08", "close": 312.886871, "volume": 882260, "typical_volume": 550538.05, "trend": 283.726975, "fair_value": 231.921764, "relative_strength": -2.45685, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "up", "direction": 71.14602, "energy": 69.282178, "activity_lines": [ 299.992983, 290.406166, 285.380751, 284.022407 ] }, { "date": "2023-09-15", "close": 312.597443, "volume": 1218150, "typical_volume": 598657.0, "trend": 284.431676, "fair_value": 233.6075, "relative_strength": -4.192366, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.852667, "energy": 74.603002, "activity_lines": [ 306.77133, 295.268436, 288.175903, 285.885018 ] }, { "date": "2023-09-22", "close": 306.809509, "volume": 809347, "typical_volume": 630255.25, "trend": 285.019272, "fair_value": 235.258171, "relative_strength": -3.349556, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.305238, "energy": 73.054913, "activity_lines": [ 309.092531, 298.619871, 290.258446, 287.328749 ] }, { "date": "2023-09-29", "close": 297.645264, "volume": 440644, "typical_volume": 646569.6, "trend": 284.582623, "fair_value": 236.841075, "relative_strength": -5.974563, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.363514, "energy": 64.588433, "activity_lines": [ 306.169621, 299.815688, 291.36711, 288.143329 ] }, { "date": "2023-10-06", "close": 302.082703, "volume": 208303, "typical_volume": 646419.75, "trend": 284.721992, "fair_value": 238.45126, "relative_strength": -4.622488, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.618418, "energy": 38.841411, "activity_lines": [ 303.96699, 301.451599, 292.845898, 289.272366 ] }, { "date": "2023-10-13", "close": 300.44278, "volume": 342448, "typical_volume": 655334.6, "trend": 285.961463, "fair_value": 240.082946, "relative_strength": -5.592968, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.427793, "energy": 26.479161, "activity_lines": [ 301.979798, 302.317822, 294.119707, 290.286611 ] }, { "date": "2023-10-20", "close": 306.423645, "volume": 1014359, "typical_volume": 677133.6, "trend": 287.231268, "fair_value": 241.734636, "relative_strength": -2.691257, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.188684, "energy": 24.732404, "activity_lines": [ 302.815833, 303.833217, 295.886254, 291.606752 ] }, { "date": "2023-10-27", "close": 311.391663, "volume": 343627, "typical_volume": 674107.3, "trend": 288.379166, "fair_value": 243.412643, "relative_strength": 1.296543, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.295857, "energy": 32.47868, "activity_lines": [ 305.71946, 305.67473, 297.937548, 293.165487 ] }, { "date": "2023-11-03", "close": 304.011993, "volume": 393163, "typical_volume": 677737.1, "trend": 288.939859, "fair_value": 245.03927, "relative_strength": -2.073445, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.390964, "energy": 29.198483, "activity_lines": [ 305.857721, 305.494074, 299.127899, 294.174056 ] }, { "date": "2023-11-10", "close": 292.82196, "volume": 777184, "typical_volume": 703381.05, "trend": 289.247606, "fair_value": 246.546437, "relative_strength": -6.542523, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.840307, "energy": 18.571868, "activity_lines": [ 301.841522, 302.956143, 299.102926, 294.424514 ] }, { "date": "2023-11-17", "close": 298.022186, "volume": 439561, "typical_volume": 696041.15, "trend": 289.907204, "fair_value": 248.037755, "relative_strength": -6.023205, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.838526, "energy": 14.746051, "activity_lines": [ 300.176115, 301.739926, 299.478698, 294.990616 ] }, { "date": "2023-11-24", "close": 302.74649, "volume": 1338038, "typical_volume": 749006.15, "trend": 290.708481, "fair_value": 249.515121, "relative_strength": -4.205507, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.514217, "energy": 15.296098, "activity_lines": [ 300.246848, 301.65294, 300.260274, 295.818957 ] }, { "date": "2023-12-01", "close": 300.360016, "volume": 846897, "typical_volume": 762694.2, "trend": 291.20115, "fair_value": 250.962056, "relative_strength": -6.699652, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.949077, "energy": 14.854991, "activity_lines": [ 299.767234, 301.311157, 300.741398, 296.441637 ] }, { "date": "2023-12-08", "close": 328.705933, "volume": 3258914, "typical_volume": 906519.1, "trend": 292.603931, "fair_value": 252.496693, "relative_strength": -0.887971, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 64.184477, "energy": 36.955886, "activity_lines": [ 309.471702, 306.240441, 303.824671, 298.8613 ] }, { "date": "2023-12-15", "close": 329.874817, "volume": 1130884, "typical_volume": 909173.8, "trend": 293.871906, "fair_value": 254.045808, "relative_strength": -2.369438, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.437065, "energy": 58.00314, "activity_lines": [ 317.919535, 310.81751, 306.775314, 301.265874 ] }, { "date": "2023-12-22", "close": 322.130859, "volume": 1643098, "typical_volume": 959775.15, "trend": 295.132922, "fair_value": 255.515597, "relative_strength": -3.898294, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.259998, "energy": 58.166354, "activity_lines": [ 321.315859, 313.481276, 308.7326, 303.089032 ] }, { "date": "2023-12-29", "close": 323.299774, "volume": 1102178, "typical_volume": 993143.95, "trend": 297.014237, "fair_value": 257.004521, "relative_strength": -4.866066, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.130611, "energy": 59.549431, "activity_lines": [ 323.494576, 315.963243, 310.583153, 304.906248 ] }, { "date": "2024-01-05", "close": 324.517365, "volume": 748743, "typical_volume": 1013392.7, "trend": 298.558588, "fair_value": 258.501831, "relative_strength": -3.972485, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.416939, "energy": 49.969355, "activity_lines": [ 324.708938, 318.359751, 312.318145, 306.680644 ] }, { "date": "2024-01-12", "close": 324.955719, "volume": 1078839, "typical_volume": 1038506.4, "trend": 300.303954, "fair_value": 260.016212, "relative_strength": -4.1766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.032817, "energy": 34.170365, "activity_lines": [ 324.458927, 320.597311, 313.854178, 308.383684 ] }, { "date": "2024-01-19", "close": 322.471771, "volume": 1255824, "typical_volume": 963623.05, "trend": 301.953886, "fair_value": 261.53446, "relative_strength": -3.305459, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.954829, "energy": 30.631684, "activity_lines": [ 323.630949, 322.002449, 314.96939, 309.813866 ] }, { "date": "2024-01-26", "close": 313.412781, "volume": 444878, "typical_volume": 941753.95, "trend": 302.775807, "fair_value": 262.954766, "relative_strength": -4.570566, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.536452, "energy": 21.371944, "activity_lines": [ 320.276843, 321.221411, 315.179185, 310.55315 ] }, { "date": "2024-02-02", "close": 325.053131, "volume": 3752333, "typical_volume": 1068463.1, "trend": 304.031551, "fair_value": 264.286133, "relative_strength": -3.005981, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.040315, "energy": 20.331845, "activity_lines": [ 321.38406, 322.27697, 316.49508, 311.990396 ] }, { "date": "2024-02-09", "close": 310.685333, "volume": 1223421, "typical_volume": 1089166.8, "trend": 305.057963, "fair_value": 265.47796, "relative_strength": -6.777621, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.810784, "energy": 13.41811, "activity_lines": [ 317.58512, 320.314628, 316.3833, 312.419673 ] }, { "date": "2024-02-16", "close": 325.101837, "volume": 1687918, "typical_volume": 1151530.5, "trend": 306.645489, "fair_value": 266.669946, "relative_strength": -3.413467, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.750975, "energy": 15.556584, "activity_lines": [ 319.513816, 320.785735, 317.626065, 313.712826 ] }, { "date": "2024-02-23", "close": 349.064392, "volume": 3366234, "typical_volume": 1309427.05, "trend": 309.076, "fair_value": 267.924154, "relative_strength": 3.011966, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.879992, "energy": 32.886217, "activity_lines": [ 329.42029, 325.679199, 321.020232, 316.449529 ] }, { "date": "2024-03-01", "close": 343.317261, "volume": 2400403, "typical_volume": 1412324.8, "trend": 311.308621, "fair_value": 269.122023, "relative_strength": 1.036287, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.415863, "energy": 39.456037, "activity_lines": [ 335.638212, 329.178829, 323.643331, 318.658643 ] }, { "date": "2024-03-08", "close": 336.693481, "volume": 680403, "typical_volume": 1395627.0, "trend": 313.37574, "fair_value": 270.297513, "relative_strength": -1.328054, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.386793, "energy": 46.715894, "activity_lines": [ 337.654575, 331.088928, 325.431429, 320.296376 ] }, { "date": "2024-03-15", "close": 316.529846, "volume": 1010871, "typical_volume": 1428989.2, "trend": 314.794433, "fair_value": 271.4232, "relative_strength": -5.133752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.618984, "energy": 31.178116, "activity_lines": [ 332.173704, 329.08939, 325.155039, 320.499866 ] }, { "date": "2024-03-22", "close": 314.971313, "volume": 624780, "typical_volume": 1440570.05, "trend": 315.751401, "fair_value": 272.596228, "relative_strength": -5.725225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.789238, "energy": 12.628253, "activity_lines": [ 325.783687, 326.951709, 324.70575, 320.511278 ] }, { "date": "2024-03-29", "close": 323.884186, "volume": 502368, "typical_volume": 1426829.25, "trend": 316.097077, "fair_value": 273.705323, "relative_strength": -3.879847, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.694983, "energy": 13.940953, "activity_lines": [ 323.039996, 326.616086, 325.053119, 321.035974 ] }, { "date": "2024-04-05", "close": 335.134888, "volume": 662466, "typical_volume": 1437974.5, "trend": 316.838678, "fair_value": 274.872568, "relative_strength": -1.185775, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.649494, "energy": 16.16895, "activity_lines": [ 325.72522, 328.300364, 326.324068, 322.26422 ] }, { "date": "2024-04-12", "close": 320.815857, "volume": 378183, "typical_volume": 1389981.75, "trend": 317.112625, "fair_value": 276.042609, "relative_strength": -5.230757, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.854039, "energy": 11.153975, "activity_lines": [ 324.182924, 326.986235, 326.054573, 322.520812 ] }, { "date": "2024-04-19", "close": 329.339142, "volume": 488203, "typical_volume": 1372047.05, "trend": 317.863613, "fair_value": 277.180268, "relative_strength": -0.960967, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.167476, "energy": 12.786037, "activity_lines": [ 326.540232, 327.298836, 326.510774, 323.309619 ] }, { "date": "2024-04-26", "close": 327.049988, "volume": 315046, "typical_volume": 1224853.65, "trend": 318.84377, "fair_value": 278.244466, "relative_strength": -2.742008, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.213419, "energy": 16.67885, "activity_lines": [ 327.280536, 326.856066, 326.610965, 323.902289 ] }, { "date": "2024-05-03", "close": 338.933899, "volume": 910534, "typical_volume": 1213836.15, "trend": 320.072144, "fair_value": 279.347009, "relative_strength": 0.634895, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.869566, "energy": 22.480363, "activity_lines": [ 331.176898, 328.538587, 327.850842, 325.198426 ] }, { "date": "2024-05-10", "close": 318.283234, "volume": 461993, "typical_volume": 1154780.9, "trend": 320.666825, "fair_value": 280.301461, "relative_strength": -3.543347, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.835506, "energy": 10.714827, "activity_lines": [ 327.186391, 326.650632, 327.080851, 325.083013 ] }, { "date": "2024-05-17", "close": 324.760895, "volume": 423628, "typical_volume": 1120853.4, "trend": 321.278067, "fair_value": 281.25611, "relative_strength": -3.184186, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.534987, "energy": 9.90541, "activity_lines": [ 326.478548, 326.395598, 326.946102, 325.347146 ] }, { "date": "2024-05-24", "close": 338.252014, "volume": 631543, "typical_volume": 1114993.4, "trend": 322.173412, "fair_value": 282.201783, "relative_strength": -1.238331, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.937071, "energy": 21.829213, "activity_lines": [ 330.004743, 328.81045, 328.089264, 326.442239 ] }, { "date": "2024-05-31", "close": 349.600128, "volume": 5383326, "typical_volume": 1330217.75, "trend": 323.693017, "fair_value": 283.220201, "relative_strength": 3.857147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.975363, "energy": 31.640469, "activity_lines": [ 336.71945, 332.893648, 330.247795, 328.211705 ] }, { "date": "2024-06-07", "close": 371.76062, "volume": 2036054, "typical_volume": 1369229.25, "trend": 326.324305, "fair_value": 284.268046, "relative_strength": 6.705083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.070973, "energy": 55.133999, "activity_lines": [ 349.317645, 340.376411, 334.399495, 331.312841 ] }, { "date": "2024-06-14", "close": 383.449677, "volume": 1217204, "typical_volume": 1407845.55, "trend": 329.171888, "fair_value": 285.375104, "relative_strength": 8.976494, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.274771, "energy": 69.808473, "activity_lines": [ 363.623745, 349.113977, 339.42973, 334.998349 ] }, { "date": "2024-06-21", "close": 401.178101, "volume": 1805781, "typical_volume": 1310517.95, "trend": 332.452942, "fair_value": 286.546041, "relative_strength": 13.486672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.334006, "energy": 79.126093, "activity_lines": [ 379.49489, 360.196441, 345.814877, 339.643911 ] }, { "date": "2024-06-28", "close": 383.254883, "volume": 629938, "typical_volume": 1280843.8, "trend": 335.216104, "fair_value": 287.60063, "relative_strength": 5.99206, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.115151, "energy": 74.004101, "activity_lines": [ 384.297148, 366.559007, 350.130551, 342.921455 ] }, { "date": "2024-07-05", "close": 393.190552, "volume": 684639, "typical_volume": 1230679.85, "trend": 337.365591, "fair_value": 288.658085, "relative_strength": 7.161684, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.082477, "energy": 74.160384, "activity_lines": [ 389.411105, 373.747772, 355.04691, 346.661742 ] }, { "date": "2024-07-12", "close": 396.843384, "volume": 1174347, "typical_volume": 1121085.5, "trend": 339.597877, "fair_value": 289.724694, "relative_strength": 7.112086, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.203945, "energy": 65.358157, "activity_lines": [ 392.836644, 380.398133, 359.986926, 350.499019 ] }, { "date": "2024-07-19", "close": 383.108765, "volume": 1118255, "typical_volume": 1056978.1, "trend": 341.630474, "fair_value": 290.730909, "relative_strength": 3.078694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.225155, "energy": 44.299695, "activity_lines": [ 390.011792, 383.498391, 363.391364, 353.306173 ] }, { "date": "2024-07-26", "close": 413.548981, "volume": 2508296, "typical_volume": 1148372.75, "trend": 344.638781, "fair_value": 291.814096, "relative_strength": 9.54617, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.922439, "energy": 48.124053, "activity_lines": [ 397.356407, 390.954587, 369.505387, 357.946077 ] }, { "date": "2024-08-02", "close": 414.230835, "volume": 2244704, "typical_volume": 1210064.4, "trend": 347.62923, "fair_value": 292.762543, "relative_strength": 9.885452, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.703164, "energy": 46.586074, "activity_lines": [ 404.103581, 396.920428, 375.318369, 362.435887 ] }, { "date": "2024-08-09", "close": 394.456879, "volume": 821522, "typical_volume": 1219901.5, "trend": 349.945935, "fair_value": 293.614791, "relative_strength": 5.870108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.388232, "energy": 40.363907, "activity_lines": [ 402.194373, 397.909571, 378.782875, 365.457026 ] }, { "date": "2024-08-16", "close": 391.388489, "volume": 723732, "typical_volume": 1230969.7, "trend": 352.243159, "fair_value": 294.592593, "relative_strength": 4.072842, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.296529, "energy": 36.653548, "activity_lines": [ 399.177946, 397.525247, 381.576651, 368.130739 ] }, { "date": "2024-08-23", "close": 413.805115, "volume": 922020, "typical_volume": 1243947.4, "trend": 355.58957, "fair_value": 295.664845, "relative_strength": 8.536807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.502818, "energy": 37.024152, "activity_lines": [ 403.997388, 400.859804, 386.183894, 372.102478 ] }, { "date": "2024-08-30", "close": 408.83786, "volume": 474641, "typical_volume": 1248770.3, "trend": 358.382395, "fair_value": 296.722267, "relative_strength": 5.470888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.143034, "energy": 33.885453, "activity_lines": [ 405.114655, 402.739306, 389.943445, 375.537851 ] }, { "date": "2024-09-06", "close": 403.968994, "volume": 559076, "typical_volume": 1252313.95, "trend": 361.49185, "fair_value": 297.763437, "relative_strength": 5.76202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.372406, "energy": 34.943625, "activity_lines": [ 404.923041, 403.594291, 392.820143, 378.478922 ] }, { "date": "2024-09-13", "close": 405.83786, "volume": 516119, "typical_volume": 1262367.6, "trend": 364.183051, "fair_value": 298.685478, "relative_strength": 4.069655, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.400291, "energy": 37.620124, "activity_lines": [ 406.038505, 404.41245, 395.519447, 381.339955 ] }, { "date": "2024-09-20", "close": 394.280426, "volume": 459460, "typical_volume": 1239813.9, "trend": 365.690252, "fair_value": 299.64665, "relative_strength": -0.559005, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.503653, "energy": 25.392846, "activity_lines": [ 402.542759, 402.899306, 396.742863, 383.281721 ] }, { "date": "2024-09-27", "close": 387.24762, "volume": 417433, "typical_volume": 1237585.9, "trend": 367.154597, "fair_value": 300.555701, "relative_strength": -3.736438, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.915941, "energy": 18.385738, "activity_lines": [ 396.509949, 400.15407, 397.032933, 384.672519 ] }, { "date": "2024-10-04", "close": 384.296783, "volume": 339546, "typical_volume": 1233381.8, "trend": 368.741374, "fair_value": 301.31502, "relative_strength": -0.022409, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.321695, "energy": 15.073234, "activity_lines": [ 391.264026, 396.797066, 396.713569, 385.778467 ] }, { "date": "2024-10-11", "close": 389.706665, "volume": 341394, "typical_volume": 1218874.35, "trend": 371.180601, "fair_value": 302.202584, "relative_strength": 1.538775, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.455378, "energy": 13.053851, "activity_lines": [ 389.457469, 394.955535, 396.625928, 387.131066 ] }, { "date": "2024-10-18", "close": 398.657471, "volume": 252964, "typical_volume": 962356.25, "trend": 373.97014, "fair_value": 303.274527, "relative_strength": 4.284485, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.908272, "energy": 12.39074, "activity_lines": [ 391.585335, 395.187317, 397.145722, 388.903767 ] }, { "date": "2024-10-25", "close": 357.542572, "volume": 290956, "typical_volume": 875101.35, "trend": 375.092086, "fair_value": 304.012225, "relative_strength": -3.678523, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.550216, "energy": 14.681691, "activity_lines": [ 380.486928, 387.867288, 393.516205, 387.843924 ] }, { "date": "2024-11-01", "close": 371.263947, "volume": 156075, "typical_volume": 822044.9, "trend": 376.296388, "fair_value": 304.889504, "relative_strength": -0.423928, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.475677, "energy": 20.995508, "activity_lines": [ 376.411503, 383.657436, 391.261191, 387.596948 ] }, { "date": "2024-11-08", "close": 366.296692, "volume": 235775, "typical_volume": 743544.6, "trend": 377.812416, "fair_value": 305.629936, "relative_strength": -1.132619, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.109169, "energy": 36.615563, "activity_lines": [ 371.745905, 379.317922, 388.591132, 386.951806 ] }, { "date": "2024-11-15", "close": 312.640717, "volume": 483383, "typical_volume": 736216.85, "trend": 377.255802, "fair_value": 306.02994, "relative_strength": -13.210038, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.388669, "energy": 68.546877, "activity_lines": [ 350.394987, 365.996252, 380.977083, 382.74718 ] }, { "date": "2024-11-22", "close": 323.38623, "volume": 397493, "typical_volume": 721859.55, "trend": 377.133676, "fair_value": 306.618047, "relative_strength": -11.436841, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.503081, "energy": 70.141071, "activity_lines": [ 337.763637, 356.288825, 374.722673, 379.271724 ] }, { "date": "2024-11-29", "close": 342.790405, "volume": 247202, "typical_volume": 675502.3, "trend": 377.262226, "fair_value": 307.28798, "relative_strength": -6.921644, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.649759, "energy": 74.638354, "activity_lines": [ 336.618428, 351.608551, 370.648682, 377.056029 ] }, { "date": "2024-12-06", "close": 391.795807, "volume": 701157, "typical_volume": 654647.4, "trend": 379.712646, "fair_value": 308.292443, "relative_strength": 4.001724, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.129741, "energy": 44.276544, "activity_lines": [ 352.791831, 356.774532, 371.499267, 377.99368 ] }, { "date": "2024-12-13", "close": 403.131409, "volume": 293413, "typical_volume": 543903.25, "trend": 382.324996, "fair_value": 309.348586, "relative_strength": 6.498717, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.215997, "energy": 11.836472, "activity_lines": [ 371.374978, 363.918838, 373.388066, 379.504567 ] }, { "date": "2024-12-20", "close": 395.755829, "volume": 310692, "typical_volume": 447202.65, "trend": 384.24179, "fair_value": 310.432225, "relative_strength": 9.551155, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 6.437208, "energy": 19.728429, "activity_lines": [ 385.043949, 369.379681, 374.624036, 380.371073 ] }, { "date": "2024-12-27", "close": 369.273102, "volume": 131453, "typical_volume": 412699.2, "trend": 384.897556, "fair_value": 311.330734, "relative_strength": 1.170634, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.931084, "energy": 24.624131, "activity_lines": [ 384.344338, 369.915498, 373.425819, 379.405351 ] }, { "date": "2025-01-03", "close": 371.995636, "volume": 102086, "typical_volume": 381616.9, "trend": 384.90539, "fair_value": 311.916558, "relative_strength": 1.034471, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.153337, "energy": 19.14016, "activity_lines": [ 381.493113, 371.480583, 372.606813, 378.572969 ] }, { "date": "2025-01-10", "close": 373.62915, "volume": 192640, "typical_volume": 345147.9, "trend": 384.578039, "fair_value": 312.459061, "relative_strength": 3.817122, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.894051, "energy": 9.163682, "activity_lines": [ 377.239378, 373.079887, 372.035726, 377.84547 ] }, { "date": "2025-01-17", "close": 363.23407, "volume": 204259, "typical_volume": 331628.8, "trend": 383.313238, "fair_value": 312.974534, "relative_strength": 1.827353, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.03446, "energy": 17.797241, "activity_lines": [ 370.731726, 372.746173, 370.665946, 376.46844 ] }, { "date": "2025-01-24", "close": 351.749969, "volume": 214409, "typical_volume": 314395.45, "trend": 382.263074, "fair_value": 313.470774, "relative_strength": -0.986727, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.518462, "energy": 25.081721, "activity_lines": [ 363.055863, 370.380124, 368.419603, 374.4321 ] }, { "date": "2025-01-31", "close": 373.381653, "volume": 342708, "typical_volume": 305724.9, "trend": 381.602777, "fair_value": 314.123411, "relative_strength": 3.111513, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.986074, "energy": 19.656098, "activity_lines": [ 365.524286, 371.236032, 368.482083, 373.859105 ] }, { "date": "2025-02-07", "close": 350.017456, "volume": 239556, "typical_volume": 294729.7, "trend": 380.041913, "fair_value": 314.789722, "relative_strength": -3.623533, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.702535, "energy": 31.531895, "activity_lines": [ 359.930739, 366.934896, 366.473954, 371.821342 ] }, { "date": "2025-02-14", "close": 315.119659, "volume": 217164, "typical_volume": 284716.25, "trend": 377.775609, "fair_value": 315.35262, "relative_strength": -10.733769, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -71.412653, "energy": 58.835352, "activity_lines": [ 344.169806, 356.157305, 361.353002, 367.63281 ] }, { "date": "2025-02-21", "close": 347.245422, "volume": 648145, "typical_volume": 300146.2, "trend": 375.565491, "fair_value": 316.225194, "relative_strength": -0.998269, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.702237, "energy": 43.596527, "activity_lines": [ 343.018093, 352.614874, 359.635112, 365.66312 ] }, { "date": "2025-02-28", "close": 348.235443, "volume": 160019, "typical_volume": 291077.45, "trend": 373.365644, "fair_value": 317.126577, "relative_strength": 2.248579, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.969775, "energy": 46.365399, "activity_lines": [ 343.262296, 350.268556, 358.187946, 363.899891 ] }, { "date": "2025-03-07", "close": 373.084656, "volume": 265978, "typical_volume": 291728.15, "trend": 372.653237, "fair_value": 318.081735, "relative_strength": 7.255846, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.151294, "energy": 24.173658, "activity_lines": [ 352.023873, 353.304283, 359.304853, 363.881763 ] }, { "date": "2025-03-14", "close": 361.699554, "volume": 172973, "typical_volume": 285829.0, "trend": 371.663606, "fair_value": 318.8782, "relative_strength": 4.472372, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.716976, "energy": 13.914127, "activity_lines": [ 357.010215, 354.200691, 359.45924, 363.175074 ] }, { "date": "2025-03-21", "close": 388.33078, "volume": 291048, "typical_volume": 292577.65, "trend": 370.814461, "fair_value": 319.75346, "relative_strength": 7.268604, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.085381, "energy": 12.93172, "activity_lines": [ 370.094826, 360.126341, 362.130139, 364.250375 ] }, { "date": "2025-03-28", "close": 376.84668, "volume": 290463, "typical_volume": 295312.05, "trend": 369.748089, "fair_value": 320.528798, "relative_strength": 3.154559, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.835265, "energy": 17.138771, "activity_lines": [ 374.470662, 363.696671, 363.626043, 364.639551 ] }, { "date": "2025-04-04", "close": 376.995178, "volume": 96731, "typical_volume": 275979.45, "trend": 368.848961, "fair_value": 321.145784, "relative_strength": 5.759569, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.25862, "energy": 16.988043, "activity_lines": [ 376.922581, 367.046498, 365.085853, 365.107105 ] }, { "date": "2025-04-11", "close": 356.848511, "volume": 140216, "typical_volume": 263115.6, "trend": 367.215983, "fair_value": 321.445058, "relative_strength": 0.268936, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.235671, "energy": 9.312134, "activity_lines": [ 370.741628, 366.274291, 364.320482, 364.332882 ] }, { "date": "2025-04-18", "close": 371.847137, "volume": 84653, "typical_volume": 254988.15, "trend": 366.468207, "fair_value": 321.848162, "relative_strength": -0.087083, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.447463, "energy": 10.107671, "activity_lines": [ 370.642627, 368.52971, 364.824207, 364.631666 ] }, { "date": "2025-04-25", "close": 361.006531, "volume": 169934, "typical_volume": 228427.0, "trend": 365.593504, "fair_value": 322.083649, "relative_strength": -3.808222, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.257337, "energy": 4.342796, "activity_lines": [ 366.253585, 368.417206, 364.157129, 364.2793 ] }, { "date": "2025-05-02", "close": 360.11554, "volume": 100086, "typical_volume": 218760.65, "trend": 364.787462, "fair_value": 322.509675, "relative_strength": -5.223233, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.379726, "energy": 9.18561, "activity_lines": [ 363.389162, 367.308397, 363.55181, 363.925883 ] }, { "date": "2025-05-09", "close": 375.906189, "volume": 234067, "typical_volume": 214929.4, "trend": 364.327447, "fair_value": 323.369426, "relative_strength": 0.176956, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 34.314165, "energy": 13.366335, "activity_lines": [ 366.903699, 368.836613, 364.655199, 364.64322 ] }, { "date": "2025-05-16", "close": 379.272217, "volume": 168800, "typical_volume": 216796.75, "trend": 363.681271, "fair_value": 324.169771, "relative_strength": -3.097299, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.179937, "energy": 21.135967, "activity_lines": [ 371.612844, 370.47373, 366.173685, 365.607399 ] }, { "date": "2025-05-23", "close": 391.49881, "volume": 307964, "typical_volume": 227090.65, "trend": 364.813146, "fair_value": 325.13775, "relative_strength": 0.571362, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.290111, "energy": 44.419515, "activity_lines": [ 378.902606, 374.221362, 368.808994, 367.402079 ] }, { "date": "2025-05-30", "close": 358.383026, "volume": 542197, "typical_volume": 244568.5, "trend": 364.383782, "fair_value": 325.720548, "relative_strength": -7.436762, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 34.680098, "energy": 26.113606, "activity_lines": [ 373.843663, 371.406139, 368.197546, 366.987233 ] }, { "date": "2025-06-06", "close": 361.947052, "volume": 208195, "typical_volume": 244765.3, "trend": 364.238794, "fair_value": 326.298705, "relative_strength": -7.290394, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 34.525024, "energy": 16.252168, "activity_lines": [ 370.147628, 369.783424, 367.998129, 366.830024 ] }, { "date": "2025-06-13", "close": 359.769043, "volume": 324571, "typical_volume": 250273.4, "trend": 365.809738, "fair_value": 326.925558, "relative_strength": -6.582305, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.940252, "energy": 3.545346, "activity_lines": [ 365.603489, 368.03561, 367.597412, 366.541653 ] }, { "date": "2025-06-20", "close": 358.828552, "volume": 256270, "typical_volume": 245951.5, "trend": 366.991149, "fair_value": 327.636823, "relative_strength": -7.971636, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -21.80659, "energy": 19.408655, "activity_lines": [ 361.821663, 366.43, 367.068938, 366.091254 ] }, { "date": "2025-06-27", "close": 355.165497, "volume": 262345, "typical_volume": 247090.95, "trend": 367.403652, "fair_value": 328.37633, "relative_strength": -10.54416, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.368383, "energy": 34.181648, "activity_lines": [ 358.18173, 364.12238, 366.260903, 365.328309 ] }, { "date": "2025-07-04", "close": 351.056976, "volume": 152929, "typical_volume": 243879.2, "trend": 366.045691, "fair_value": 329.105165, "relative_strength": -10.701415, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.322303, "energy": 43.817786, "activity_lines": [ 355.594511, 361.371058, 365.037065, 364.273685 ] }, { "date": "2025-07-11", "close": 343.879395, "volume": 121912, "typical_volume": 217567.55, "trend": 364.070624, "fair_value": 329.656761, "relative_strength": -11.165825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.152616, "energy": 57.06656, "activity_lines": [ 351.103168, 357.495623, 362.958518, 362.843601 ] }, { "date": "2025-07-18", "close": 356.403015, "volume": 138231, "typical_volume": 216478.15, "trend": 362.758863, "fair_value": 330.285682, "relative_strength": -7.105623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.301413, "energy": 50.624177, "activity_lines": [ 351.990875, 356.192412, 362.088725, 362.348916 ] }, { "date": "2025-07-25", "close": 341.25589, "volume": 138336, "typical_volume": 210096.05, "trend": 361.824956, "fair_value": 330.822235, "relative_strength": -10.255982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.690569, "energy": 57.202186, "activity_lines": [ 348.053943, 352.489781, 359.737456, 360.961628 ] }, { "date": "2025-08-01", "close": 347.839447, "volume": 193307, "typical_volume": 211112.75, "trend": 361.01975, "fair_value": 331.272422, "relative_strength": -7.210181, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.569819, "energy": 46.682798, "activity_lines": [ 347.48304, 350.675367, 358.164757, 360.059337 ] }, { "date": "2025-08-08", "close": 346.106934, "volume": 86212, "typical_volume": 200870.95, "trend": 360.102343, "fair_value": 331.678697, "relative_strength": -6.673585, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.668076, "energy": 36.463144, "activity_lines": [ 346.823037, 349.339757, 356.493058, 359.09722 ] }, { "date": "2025-08-15", "close": 330.76181, "volume": 86737, "typical_volume": 190684.65, "trend": 359.019934, "fair_value": 332.009955, "relative_strength": -11.500028, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.789686, "energy": 58.230166, "activity_lines": [ 341.377995, 345.437326, 353.560985, 357.204282 ] }, { "date": "2025-08-22", "close": 331.702301, "volume": 53360, "typical_volume": 188516.1, "trend": 358.351678, "fair_value": 332.246797, "relative_strength": -11.727713, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.49052, "energy": 61.5725, "activity_lines": [ 337.120955, 342.272898, 350.937934, 355.441854 ] }, { "date": "2025-08-29", "close": 292.200958, "volume": 452243, "typical_volume": 204117.45, "trend": 355.645655, "fair_value": 332.192467, "relative_strength": -20.39933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.244692, "energy": 88.486896, "activity_lines": [ 321.343516, 332.436712, 344.76853, 351.174066 ] }, { "date": "2025-09-05", "close": 293.5, "volume": 493338, "typical_volume": 224551.7, "trend": 353.76174, "fair_value": 332.209727, "relative_strength": -20.614505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.806917, "energy": 92.045625, "activity_lines": [ 309.269419, 324.048126, 339.030691, 347.164669 ] }, { "date": "2025-09-12", "close": 303.649994, "volume": 369935, "typical_volume": 234551.75, "trend": 353.379418, "fair_value": 332.266445, "relative_strength": -18.679326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.000729, "energy": 85.02171, "activity_lines": [ 304.201284, 318.626184, 334.632599, 343.931653 ] }, { "date": "2025-09-19", "close": 295.700012, "volume": 310418, "typical_volume": 245068.35, "trend": 351.661238, "fair_value": 332.294194, "relative_strength": -21.105964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.107907, "energy": 87.000232, "activity_lines": [ 299.313617, 312.620736, 329.750492, 340.210401 ] }, { "date": "2025-09-26", "close": 279.049988, "volume": 257068, "typical_volume": 246218.4, "trend": 349.355056, "fair_value": 332.333904, "relative_strength": -23.17107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.459397, "energy": 87.362595, "activity_lines": [ 291.213395, 304.464, 323.58941, 335.525804 ] }, { "date": "2025-10-03", "close": 283.700012, "volume": 227642, "typical_volume": 249160.5, "trend": 346.375568, "fair_value": 332.423004, "relative_strength": -22.239787, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.119801, "energy": 65.910587, "activity_lines": [ 288.173336, 298.559142, 318.332406, 331.289995 ] }, { "date": "2025-10-10", "close": 277.950012, "volume": 178734, "typical_volume": 242699.0, "trend": 343.583916, "fair_value": 332.513504, "relative_strength": -24.53691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.706661, "energy": 68.7954, "activity_lines": [ 283.783339, 292.655299, 312.98289, 326.875443 ] }, { "date": "2025-10-17", "close": 272.149994, "volume": 222461, "typical_volume": 226712.2, "trend": 339.711223, "fair_value": 332.495729, "relative_strength": -26.804517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.58358, "energy": 70.848519, "activity_lines": [ 278.496669, 286.967625, 307.621699, 322.266803 ] }, { "date": "2025-10-24", "close": 278.450012, "volume": 147088, "typical_volume": 223656.85, "trend": 336.431334, "fair_value": 332.56925, "relative_strength": -24.95946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.835961, "energy": 61.64327, "activity_lines": [ 277.410006, 283.77008, 303.271144, 318.314466 ] }, { "date": "2025-10-31", "close": 267.950012, "volume": 190431, "typical_volume": 216949.85, "trend": 332.796496, "fair_value": 332.477255, "relative_strength": -27.110642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.846586, "energy": 66.092593, "activity_lines": [ 273.973342, 279.614568, 298.318193, 313.896317 ] }, { "date": "2025-11-07", "close": 267.149994, "volume": 152441, "typical_volume": 211758.4, "trend": 329.806545, "fair_value": 332.331028, "relative_strength": -26.207575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.737768, "energy": 63.243835, "activity_lines": [ 271.010004, 276.472731, 293.726284, 309.661058 ] }, { "date": "2025-11-14", "close": 290.350006, "volume": 3590182, "typical_volume": 378150.25, "trend": 327.089974, "fair_value": 332.06691, "relative_strength": -20.869525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.24981, "energy": 47.748732, "activity_lines": [ 276.883337, 278.00455, 291.780464, 307.115475 ] }, { "date": "2025-11-21", "close": 303.350006, "volume": 621335, "typical_volume": 401570.55, "trend": 325.16809, "fair_value": 331.542861, "relative_strength": -17.616547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.787209, "energy": 31.247775, "activity_lines": [ 286.263338, 281.957278, 291.381385, 305.583864 ] }, { "date": "2025-11-28", "close": 295.0, "volume": 329905, "typical_volume": 411970.2, "trend": 322.997572, "fair_value": 331.146042, "relative_strength": -19.975298, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.939944, "energy": 23.218831, "activity_lines": [ 290.780003, 284.397277, 290.414243, 303.637536 ] }, { "date": "2025-12-05", "close": 286.700012, "volume": 163746, "typical_volume": 413245.95, "trend": 320.024033, "fair_value": 330.707865, "relative_strength": -21.650042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.654071, "energy": 25.211445, "activity_lines": [ 291.426672, 285.340915, 288.889385, 301.295758 ] }, { "date": "2025-12-12", "close": 276.5, "volume": 171959, "typical_volume": 414927.1, "trend": 316.598292, "fair_value": 330.260809, "relative_strength": -23.436382, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.76146, "energy": 24.493384, "activity_lines": [ 287.423338, 284.290913, 286.725017, 298.487756 ] }, { "date": "2025-12-19", "close": 277.200012, "volume": 177874, "typical_volume": 414155.45, "trend": 312.788332, "fair_value": 330.039095, "relative_strength": -22.347129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.643994, "energy": 33.557792, "activity_lines": [ 283.030007, 283.499097, 284.935677, 295.945931 ] }, { "date": "2025-12-26", "close": 288.850006, "volume": 170526, "typical_volume": 418371.15, "trend": 310.470565, "fair_value": 329.786646, "relative_strength": -18.817994, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.181595, "energy": 28.131173, "activity_lines": [ 283.396673, 284.839097, 284.59224, 294.401523 ] }, { "date": "2026-01-02", "close": 311.549988, "volume": 2572387, "typical_volume": 542653.65, "trend": 308.790663, "fair_value": 329.641432, "relative_strength": -12.941166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.235645, "energy": 5.289211, "activity_lines": [ 292.296667, 290.00273, 286.683357, 294.471164 ] }, { "date": "2026-01-09", "close": 294.75, "volume": 306703, "typical_volume": 555320.8, "trend": 306.623361, "fair_value": 329.3624, "relative_strength": -15.029155, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.642403, "energy": 11.590203, "activity_lines": [ 294.493333, 291.510002, 287.26596, 293.565314 ] }, { "date": "2026-01-16", "close": 301.0, "volume": 492856, "typical_volume": 557351.45, "trend": 304.695743, "fair_value": 329.176898, "relative_strength": -12.775405, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.997908, "energy": 14.771149, "activity_lines": [ 298.236666, 293.666365, 288.619765, 293.202517 ] }, { "date": "2026-01-23", "close": 286.149994, "volume": 210982, "typical_volume": 543233.65, "trend": 302.395226, "fair_value": 329.104605, "relative_strength": -14.474736, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.821032, "energy": 14.479057, "activity_lines": [ 295.396663, 292.507273, 288.517383, 292.006017 ] }, { "date": "2026-01-30", "close": 294.799988, "volume": 149179, "typical_volume": 532195.85, "trend": 300.519993, "fair_value": 329.018193, "relative_strength": -12.300518, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.595986, "energy": 8.095627, "activity_lines": [ 294.843327, 292.99727, 289.27381, 291.516002 ] }, { "date": "2026-02-06", "close": 300.450012, "volume": 141302, "typical_volume": 523740.05, "trend": 299.072347, "fair_value": 329.103792, "relative_strength": -11.511994, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.85111, "energy": 5.626581, "activity_lines": [ 295.776666, 294.67, 290.610478, 291.511487 ] }, { "date": "2026-02-13", "close": 291.600006, "volume": 357576, "typical_volume": 528765.45, "trend": 296.912247, "fair_value": 329.104713, "relative_strength": -13.077653, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.763562, "energy": 6.892717, "activity_lines": [ 294.500002, 294.634546, 291.081668, 291.0294 ] }, { "date": "2026-02-20", "close": 275.549988, "volume": 149881, "typical_volume": 524877.4, "trend": 294.72205, "fair_value": 329.01733, "relative_strength": -17.647729, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.028221, "energy": 16.323652, "activity_lines": [ 288.083331, 291.591816, 289.964524, 289.65119 ] }, { "date": "2026-02-27", "close": 281.350006, "volume": 113199, "typical_volume": 521600.65, "trend": 292.505735, "fair_value": 328.828903, "relative_strength": -14.026323, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.417263, "energy": 17.750754, "activity_lines": [ 285.296667, 289.620908, 289.438572, 288.788477 ] }, { "date": "2026-03-06", "close": 276.25, "volume": 140797, "typical_volume": 517517.45, "trend": 290.177171, "fair_value": 328.69011, "relative_strength": -12.390801, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.520268, "energy": 33.18218, "activity_lines": [ 281.130001, 286.647272, 288.410715, 287.73972 ] }, { "date": "2026-03-13", "close": 269.649994, "volume": 154218, "typical_volume": 517873.95, "trend": 288.14011, "fair_value": 328.73108, "relative_strength": -9.073936, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.937151, "energy": 46.838983, "activity_lines": [ 275.999998, 282.702726, 286.734762, 286.415386 ] }, { "date": "2026-03-20", "close": 262.600006, "volume": 211499, "typical_volume": 518927.35, "trend": 285.8367, "fair_value": 328.694353, "relative_strength": -10.603748, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.974491, "energy": 56.879009, "activity_lines": [ 270.573334, 278.238182, 284.429286, 284.767638 ] }, { "date": "2026-03-27", "close": 250.600006, "volume": 152813, "typical_volume": 518945.95, "trend": 284.450002, "fair_value": 328.525412, "relative_strength": -12.922137, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.650544, "energy": 68.424611, "activity_lines": [ 263.080003, 272.176365, 281.006429, 282.494303 ] }, { "date": "2026-04-03", "close": 267.890015, "volume": 193993, "typical_volume": 349136.5, "trend": 283.596336, "fair_value": 328.401687, "relative_strength": -5.807746, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.602739, "energy": 59.937067, "activity_lines": [ 263.01334, 270.174549, 279.30905, 281.425916 ] }, { "date": "2026-04-10", "close": 269.329987, "volume": 469689, "typical_volume": 341554.2, "trend": 282.452336, "fair_value": 328.310279, "relative_strength": -9.954739, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.321585, "energy": 48.432539, "activity_lines": [ 264.324001, 268.766547, 277.855763, 280.505507 ] }, { "date": "2026-04-17", "close": 275.399994, "volume": 187981, "typical_volume": 334458.0, "trend": 281.775668, "fair_value": 328.292111, "relative_strength": -8.464706, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.494587, "energy": 31.044794, "activity_lines": [ 268.119332, 268.925273, 277.142571, 280.050517 ] }, { "date": "2026-04-24", "close": 271.350006, "volume": 118564, "typical_volume": 332198.9, "trend": 281.519002, "fair_value": 328.244943, "relative_strength": -7.564371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.124431, "energy": 19.114058, "activity_lines": [ 270.181334, 268.803092, 276.137, 279.377893 ] }, { "date": "2026-05-01", "close": 279.809998, "volume": 107349, "typical_volume": 328968.4, "trend": 281.389335, "fair_value": 328.207957, "relative_strength": -4.610477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.574164, "energy": 16.431358, "activity_lines": [ 274.479999, 270.587273, 276.010238, 279.267635 ] }, { "date": "2026-05-08", "close": 305.350006, "volume": 389243, "typical_volume": 339536.85, "trend": 282.302668, "fair_value": 328.328005, "relative_strength": 3.821797, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 18.959081, "energy": 20.107583, "activity_lines": [ 285.344668, 276.937638, 278.300096, 280.813485 ] }, { "date": "2026-05-15", "close": 296.600006, "volume": 181594, "typical_volume": 340090.25, "trend": 283.117669, "fair_value": 328.358546, "relative_strength": 3.54654, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.879575, "energy": 24.49783, "activity_lines": [ 290.795337, 281.26073, 279.622573, 281.735894 ] }, { "date": "2026-05-22", "close": 340.200012, "volume": 1051514, "typical_volume": 264046.6, "trend": 285.176002, "fair_value": 328.716877, "relative_strength": 18.653778, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.749312, "energy": 63.328795, "activity_lines": [ 308.96134, 293.141095, 285.060526, 285.418626 ] }, { "date": "2026-05-29", "close": 329.049988, "volume": 2124315, "typical_volume": 354927.2, "trend": 287.212668, "fair_value": 329.115529, "relative_strength": 15.69413, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 72.116378, "energy": 74.038216, "activity_lines": [ 319.090668, 301.711456, 289.300144, 288.249205 ] }, { "date": "2026-06-05", "close": 344.75, "volume": 104404, "typical_volume": 335504.6, "trend": 289.799335, "fair_value": 329.542215, "relative_strength": 22.099456, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.252118, "energy": 80.526471, "activity_lines": [ 330.606667, 311.928183, 294.871668, 291.961291 ] }, { "date": "2026-06-12", "close": 377.25, "volume": 288528, "typical_volume": 339381.9, "trend": 292.696001, "fair_value": 330.213083, "relative_strength": 31.863889, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.324734, "energy": 89.5362, "activity_lines": [ 348.626666, 326.342183, 303.330096, 297.60327 ] }, { "date": "2026-06-19", "close": 483.25, "volume": 10473948, "typical_volume": 855620.35, "trend": 298.692668, "fair_value": 331.561007, "relative_strength": 64.644684, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.085496, "energy": 98.100245, "activity_lines": [ 397.186666, 358.040546, 321.449953, 309.897076 ] }, { "date": "2026-06-26", "close": 404.850006, "volume": 0, "typical_volume": 848555.25, "trend": 302.354335, "fair_value": 332.305205, "relative_strength": 37.04585, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.570786, "energy": 86.856944, "activity_lines": [ 407.170001, 371.594911, 331.205763, 316.745937 ] }, { "date": "2026-07-03", "close": 425.549988, "volume": 191275, "typical_volume": 840240.2, "trend": 306.982667, "fair_value": 333.190904, "relative_strength": 41.945283, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.499162, "energy": 88.461123, "activity_lines": [ 419.743331, 386.559272, 342.435857, 324.694043 ] }, { "date": "2026-07-10", "close": 428.100006, "volume": 988488, "typical_volume": 882170.55, "trend": 312.036001, "fair_value": 334.14095, "relative_strength": 42.284403, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.530589, "energy": 84.002463, "activity_lines": [ 426.733333, 399.183636, 353.270953, 332.508065 ] }, { "date": "2026-07-17", "close": 418.049988, "volume": 456779, "typical_volume": 899349.55, "trend": 316.731, "fair_value": 335.042065, "relative_strength": 37.598207, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.492945, "energy": 61.096315, "activity_lines": [ 424.816663, 407.284543, 362.422476, 339.347677 ] }, { "date": "2026-07-24", "close": 498.25, "volume": 3596713, "typical_volume": 1072145.35, "trend": 323.711, "fair_value": 336.465788, "relative_strength": 66.059085, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.756459, "energy": 68.265257, "activity_lines": [ 446.91333, 427.91818, 378.561142, 351.05858 ] }, { "date": "2026-07-31", "close": 455.0, "volume": 854694, "typical_volume": 1107169.15, "trend": 328.492667, "fair_value": 337.611054, "relative_strength": 46.806183, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.29047, "energy": 57.557976, "activity_lines": [ 453.593331, 437.021816, 389.523618, 359.528839 ] }, { "date": "2026-08-07", "close": 504.799988, "volume": 1766741, "typical_volume": 1184931.25, "trend": 335.494333, "fair_value": 339.086182, "relative_strength": 60.098878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.766003, "energy": 64.419103, "activity_lines": [ 473.529995, 453.092724, 404.346332, 370.903504 ] } ], "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." } } }