{ "ticker": { "uuid": "c4c6986e-051f-4bbd-bbb3-b3e64f496f4a", "symbol": "RPOWER", "name": "Reliance Power Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -52.67, "architecture_energy": 60.573, "architecture_maturity": 11.049, "architecture_confidence": 79.093, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 23.48, "rotation_up": 8.53, "upward_expansion": 19.57, "deceleration": 44.1, "rotation_down": 70.86, "downward_expansion": 83.23 }, "activity_lines": [ 24.101333, 24.663637, 25.702953, 25.666172 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 24.34, "trend_reference": 25.979667, "distance_from_trend": -0.063113, "trend_direction": "Weakening", "fair_value": 34.016218, "distance_from_fair_value": -0.284459, "fair_value_direction": "Weakening", "relative_strength": -25.02508, "relative_strength_direction": "Improving", "price_momentum": -0.130093, "excess_performance": -0.086384, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.063113, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.136477, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.284459, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.150993, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.250251, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.02504, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.130093, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.543602, "read": "Supply-led" } ], "volume": { "latest": 133840643, "relative_activity": 0.743875, "balance": 0.543602, "dry_up": 0.551384, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.067821, "annualized_volatility": 0.366193, "from_high_reference": -0.521337, "from_low_reference": 0.206743 }, "levels": { "trend_reference": 25.979667, "fair_value_reference": 34.016218, "structural_low": 20.17, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": -0.005521, "positive_rate": 0.375, "directional_follow_through": 0.5625, "median_excess_return": 0.018662, "regime_survival": 0.8125, "best_return": 0.27234, "worst_return": -0.173237, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.004599, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.01279, "regime_survival": 0.6, "best_return": 0.371308, "worst_return": -0.374558, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.350211, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.218102, "regime_survival": 0.333333, "best_return": 0.493562, "worst_return": -0.371681, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.101266, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.030023, "regime_survival": 0.0, "best_return": 0.101266, "worst_return": 0.101266, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-26", "end": "2024-08-02", "tenure": "New", "return": 0.160228, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-09", "end": "2024-11-08", "tenure": "Established", "return": 0.28651, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-15", "end": "2024-12-20", "tenure": "Developing", "return": 0.245477, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-27", "end": "2025-01-24", "tenure": "Developing", "return": -0.107507, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-02-28", "tenure": "Developing", "return": -0.170367, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-03-28", "tenure": "New", "return": 0.192564, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-05-23", "tenure": "Developing", "return": 0.255139, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-07-25", "tenure": "Developing", "return": -0.022719, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-01", "end": "2025-08-29", "tenure": "Developing", "return": -0.123178, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-05", "end": "2025-09-19", "tenure": "New", "return": 0.02387, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-10-17", "tenure": "New", "return": -0.002681, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-24", "end": "2026-05-08", "tenure": "Extended", "return": -0.365044, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-07-17", "tenure": "Developing", "return": -0.09882, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.011638, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 16.4, "volume": 287813348, "typical_volume": 526612151.55, "trend": 13.131667, "fair_value": 11.369551, "relative_strength": 6.616097, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.033711, "energy": 61.474686, "activity_lines": [ 17.116666, 16.463636, 15.255952, 14.255161 ] }, { "date": "2023-08-25", "close": 17.35, "volume": 460818692, "typical_volume": 543571673.25, "trend": 13.288333, "fair_value": 11.457372, "relative_strength": 13.119666, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.255059, "energy": 57.843486, "activity_lines": [ 17.25, 16.706364, 15.555476, 14.527312 ] }, { "date": "2023-09-01", "close": 19.0, "volume": 1224917287, "typical_volume": 588026955.6, "trend": 13.53, "fair_value": 11.558013, "relative_strength": 23.486435, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.402896, "energy": 54.569064, "activity_lines": [ 17.83, 17.226364, 15.982619, 14.895806 ] }, { "date": "2023-09-08", "close": 21.15, "volume": 928244298, "typical_volume": 624608815.4, "trend": 13.846667, "fair_value": 11.673718, "relative_strength": 34.823402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.305829, "energy": 64.517868, "activity_lines": [ 18.933333, 18.06, 16.585, 15.387419 ] }, { "date": "2023-09-15", "close": 19.15, "volume": 624570873, "typical_volume": 646089703.55, "trend": 14.116667, "fair_value": 11.777244, "relative_strength": 20.126471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.546441, "energy": 64.342521, "activity_lines": [ 19.23, 18.400909, 16.953333, 15.72957 ] }, { "date": "2023-09-22", "close": 18.9, "volume": 347438758, "typical_volume": 656144144.35, "trend": 14.41, "fair_value": 11.879808, "relative_strength": 21.723897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.371486, "energy": 63.886547, "activity_lines": [ 19.326667, 18.625454, 17.264762, 16.038172 ] }, { "date": "2023-09-29", "close": 19.25, "volume": 343900295, "typical_volume": 668820170.9, "trend": 14.695, "fair_value": 11.985897, "relative_strength": 24.141934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.297882, "energy": 56.326602, "activity_lines": [ 19.373333, 18.847273, 17.578571, 16.35043 ] }, { "date": "2023-10-06", "close": 18.85, "volume": 191380162, "typical_volume": 673001069.9, "trend": 14.941667, "fair_value": 12.089103, "relative_strength": 21.629723, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.467037, "energy": 43.918514, "activity_lines": [ 19.16, 18.933636, 17.818809, 16.618495 ] }, { "date": "2023-10-13", "close": 17.75, "volume": 204097297, "typical_volume": 621326747.75, "trend": 15.176667, "fair_value": 12.186538, "relative_strength": 14.088597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.507471, "energy": 30.297275, "activity_lines": [ 18.59, 18.77, 17.919048, 16.799677 ] }, { "date": "2023-10-20", "close": 18.5, "volume": 350942131, "typical_volume": 615197387.1, "trend": 15.465, "fair_value": 12.283974, "relative_strength": 20.129126, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.865161, "energy": 25.649446, "activity_lines": [ 18.496667, 18.766364, 18.068333, 17.014086 ] }, { "date": "2023-10-27", "close": 16.799999, "volume": 269872070, "typical_volume": 599128224.4, "trend": 15.693333, "fair_value": 12.369231, "relative_strength": 11.97545, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.879066, "energy": 17.429857, "activity_lines": [ 17.88, 18.433636, 18.030238, 17.100215 ] }, { "date": "2023-11-03", "close": 18.25, "volume": 325578307, "typical_volume": 550921198.4, "trend": 15.93, "fair_value": 12.466346, "relative_strength": 20.416432, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.873313, "energy": 18.136078, "activity_lines": [ 17.886666, 18.357273, 18.116667, 17.265161 ] }, { "date": "2023-11-10", "close": 20.5, "volume": 1003113924, "typical_volume": 573409064.8, "trend": 16.186667, "fair_value": 12.578205, "relative_strength": 33.309714, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.322868, "energy": 31.398549, "activity_lines": [ 18.71, 18.673636, 18.407143, 17.56 ] }, { "date": "2023-11-17", "close": 22.85, "volume": 902237411, "typical_volume": 603169191.1, "trend": 16.548333, "fair_value": 12.705449, "relative_strength": 45.185564, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 74.971974, "energy": 51.021291, "activity_lines": [ 20.206667, 19.39, 18.894048, 17.989892 ] }, { "date": "2023-11-24", "close": 20.9, "volume": 557228479, "typical_volume": 586580286.2, "trend": 16.838333, "fair_value": 12.819551, "relative_strength": 31.764994, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.642705, "energy": 61.558949, "activity_lines": [ 20.713333, 19.720909, 19.153333, 18.270645 ] }, { "date": "2023-12-01", "close": 20.85, "volume": 402310329, "typical_volume": 578173677.6, "trend": 17.12, "fair_value": 12.931731, "relative_strength": 27.981056, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.501824, "energy": 68.110954, "activity_lines": [ 21.043333, 20.010909, 19.380952, 18.529462 ] }, { "date": "2023-12-08", "close": 23.950001, "volume": 1002321442, "typical_volume": 598276133.75, "trend": 17.525, "fair_value": 13.059936, "relative_strength": 41.137455, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.738285, "energy": 81.045826, "activity_lines": [ 22.136667, 20.829091, 19.877143, 18.970108 ] }, { "date": "2023-12-15", "close": 23.6, "volume": 791273071, "typical_volume": 607018369.8, "trend": 17.93, "fair_value": 13.188141, "relative_strength": 35.153022, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.398032, "energy": 77.678204, "activity_lines": [ 22.733334, 21.498182, 20.301191, 19.362043 ] }, { "date": "2023-12-22", "close": 22.4, "volume": 605682933, "typical_volume": 575321912.1, "trend": 18.241667, "fair_value": 13.308654, "relative_strength": 28.052986, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.778443, "energy": 61.713975, "activity_lines": [ 22.723334, 21.862727, 20.575238, 19.65043 ] }, { "date": "2023-12-29", "close": 23.299999, "volume": 320052789, "typical_volume": 557189694.8, "trend": 18.58, "fair_value": 13.435577, "relative_strength": 30.003461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.835551, "energy": 58.958966, "activity_lines": [ 23.043333, 22.306364, 20.919048, 19.976774 ] }, { "date": "2024-01-05", "close": 31.4, "volume": 2248949206, "typical_volume": 655246487.7, "trend": 19.161667, "fair_value": 13.613782, "relative_strength": 72.796673, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.195393, "energy": 78.155409, "activity_lines": [ 25.903333, 24.135454, 22.00619, 20.803871 ] }, { "date": "2024-01-12", "close": 30.9, "volume": 457200623, "typical_volume": 655065584.25, "trend": 19.655, "fair_value": 13.789423, "relative_strength": 66.237338, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.315082, "energy": 84.885421, "activity_lines": [ 27.893333, 25.608182, 22.974286, 21.561183 ] }, { "date": "2024-01-19", "close": 29.549999, "volume": 315328652, "typical_volume": 609586152.5, "trend": 20.148333, "fair_value": 13.957051, "relative_strength": 58.822746, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.32154, "energy": 84.573999, "activity_lines": [ 28.97, 26.605454, 23.749286, 22.19957 ] }, { "date": "2024-01-26", "close": 30.200001, "volume": 198411054, "typical_volume": 573094490.3, "trend": 20.686667, "fair_value": 14.129487, "relative_strength": 61.850525, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.945229, "energy": 86.06701, "activity_lines": [ 29.866667, 27.556364, 24.535952, 22.848064 ] }, { "date": "2024-02-02", "close": 28.799999, "volume": 151633914, "typical_volume": 549447642.35, "trend": 21.138333, "fair_value": 14.292628, "relative_strength": 48.649483, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.19754, "energy": 70.622813, "activity_lines": [ 29.776666, 28.119091, 25.14619, 23.371505 ] }, { "date": "2024-02-09", "close": 27.5, "volume": 110481036, "typical_volume": 537599756.25, "trend": 21.546667, "fair_value": 14.448397, "relative_strength": 40.544373, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.98181, "energy": 51.817466, "activity_lines": [ 28.886666, 28.301818, 25.586667, 23.781935 ] }, { "date": "2024-02-16", "close": 26.200001, "volume": 58011236, "typical_volume": 523305303.3, "trend": 21.893333, "fair_value": 14.596474, "relative_strength": 30.728459, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.310626, "energy": 37.24471, "activity_lines": [ 27.823334, 28.127273, 25.862381, 24.082151 ] }, { "date": "2024-02-23", "close": 25.6, "volume": 42937844, "typical_volume": 515883187.4, "trend": 22.21, "fair_value": 14.733333, "relative_strength": 25.224823, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.704575, "energy": 23.968896, "activity_lines": [ 26.873334, 27.802727, 26.047857, 24.32129 ] }, { "date": "2024-03-01", "close": 23.950001, "volume": 52497334, "typical_volume": 508303189.25, "trend": 22.373333, "fair_value": 14.856731, "relative_strength": 15.374087, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.048625, "energy": 22.900114, "activity_lines": [ 25.636667, 27.141818, 26.044048, 24.433548 ] }, { "date": "2024-03-08", "close": 22.549999, "volume": 40219923, "typical_volume": 492767078.85, "trend": 22.545, "fair_value": 14.967949, "relative_strength": 7.117606, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.80865, "energy": 19.267749, "activity_lines": [ 24.35, 26.198182, 25.877381, 24.444946 ] }, { "date": "2024-03-15", "close": 22.1, "volume": 67355978, "typical_volume": 482641274.25, "trend": 22.735, "fair_value": 15.081731, "relative_strength": 6.3955, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.254404, "energy": 22.019013, "activity_lines": [ 23.33, 25.186364, 25.648571, 24.416237 ] }, { "date": "2024-03-22", "close": 26.299999, "volume": 59628191, "typical_volume": 469343768.45, "trend": 23.033333, "fair_value": 15.220192, "relative_strength": 24.647259, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.282303, "energy": 19.125884, "activity_lines": [ 24.07, 25.107273, 25.794524, 24.646236 ] }, { "date": "2024-03-29", "close": 28.25, "volume": 91947802, "typical_volume": 423785462.35, "trend": 23.341667, "fair_value": 15.372115, "relative_strength": 30.687342, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.772924, "energy": 15.561836, "activity_lines": [ 25.453333, 25.466364, 26.087857, 24.982796 ] }, { "date": "2024-04-05", "close": 32.599998, "volume": 154916386, "typical_volume": 386419411.1, "trend": 23.723333, "fair_value": 15.55032, "relative_strength": 47.178619, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 63.687714, "energy": 51.006481, "activity_lines": [ 28.109999, 26.64, 26.758571, 25.580107 ] }, { "date": "2024-04-12", "close": 27.35, "volume": 148306908, "typical_volume": 365973332.55, "trend": 23.996667, "fair_value": 15.695513, "relative_strength": 22.258695, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.695737, "energy": 42.213962, "activity_lines": [ 28.439999, 26.815454, 26.882857, 25.814086 ] }, { "date": "2024-04-19", "close": 28.049999, "volume": 83745319, "typical_volume": 350045082.05, "trend": 24.301666, "fair_value": 15.846474, "relative_strength": 26.066915, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.412161, "energy": 52.59355, "activity_lines": [ 28.683333, 27.144545, 27.043095, 26.075591 ] }, { "date": "2024-04-26", "close": 27.700001, "volume": 77758877, "typical_volume": 303816953.8, "trend": 24.583333, "fair_value": 15.992949, "relative_strength": 21.673608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.025282, "energy": 50.736278, "activity_lines": [ 28.413333, 27.4, 27.135714, 26.294839 ] }, { "date": "2024-05-03", "close": 26.799999, "volume": 59270915, "typical_volume": 267216846.0, "trend": 24.848333, "fair_value": 16.125961, "relative_strength": 16.312611, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.998517, "energy": 23.232745, "activity_lines": [ 27.75, 27.464545, 27.124762, 26.437849 ] }, { "date": "2024-05-10", "close": 24.950001, "volume": 80092511, "typical_volume": 240937324.9, "trend": 25.088333, "fair_value": 16.242308, "relative_strength": 9.349931, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.122425, "energy": 9.709049, "activity_lines": [ 26.566667, 27.170909, 26.922381, 26.444408 ] }, { "date": "2024-05-17", "close": 26.15, "volume": 70233656, "typical_volume": 228446368.25, "trend": 25.343333, "fair_value": 16.364103, "relative_strength": 11.405182, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.766364, "energy": 14.809689, "activity_lines": [ 26.293333, 27.077273, 26.822143, 26.512903 ] }, { "date": "2024-05-24", "close": 26.6, "volume": 83718704, "typical_volume": 120184843.15, "trend": 25.67, "fair_value": 16.481731, "relative_strength": 9.981062, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.98837, "energy": 15.882153, "activity_lines": [ 26.25, 27.0, 26.75119, 26.593978 ] }, { "date": "2024-05-31", "close": 24.549999, "volume": 102403324, "typical_volume": 102444978.2, "trend": 25.88, "fair_value": 16.57532, "relative_strength": 2.7134, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.63222, "energy": 21.639235, "activity_lines": [ 25.62, 26.468182, 26.507857, 26.52172 ] }, { "date": "2024-06-07", "close": 25.0, "volume": 141871520, "typical_volume": 93772121.6, "trend": 26.03, "fair_value": 16.655449, "relative_strength": 0.598343, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.746808, "energy": 25.129366, "activity_lines": [ 25.35, 26.05, 26.337619, 26.464946 ] }, { "date": "2024-06-14", "close": 31.32, "volume": 603982884, "typical_volume": 114050713.1, "trend": 26.312333, "fair_value": 16.754615, "relative_strength": 24.015526, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.33217, "energy": 20.68543, "activity_lines": [ 27.306666, 26.84, 26.790952, 26.806236 ] }, { "date": "2024-06-21", "close": 29.870001, "volume": 164959215, "typical_volume": 114716978.15, "trend": 26.611333, "fair_value": 16.849615, "relative_strength": 17.089535, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.827764, "energy": 37.268908, "activity_lines": [ 28.355334, 27.389636, 27.100857, 27.035763 ] }, { "date": "2024-06-28", "close": 28.93, "volume": 120054037, "typical_volume": 115195628.2, "trend": 26.880667, "fair_value": 16.939551, "relative_strength": 10.076516, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.841294, "energy": 44.010384, "activity_lines": [ 28.842667, 27.722546, 27.316143, 27.185355 ] }, { "date": "2024-07-05", "close": 29.030001, "volume": 93750747, "typical_volume": 116982603.75, "trend": 27.05, "fair_value": 17.035256, "relative_strength": 8.264879, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.822457, "energy": 53.41032, "activity_lines": [ 29.208001, 28.057637, 27.534143, 27.324021 ] }, { "date": "2024-07-12", "close": 27.32, "volume": 81298515, "typical_volume": 118900637.3, "trend": 27.174, "fair_value": 17.127051, "relative_strength": 0.557552, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.56751, "energy": 46.311206, "activity_lines": [ 28.704667, 28.057637, 27.57581, 27.341441 ] }, { "date": "2024-07-19", "close": 27.120001, "volume": 80016463, "typical_volume": 120276593.75, "trend": 27.331333, "fair_value": 17.225256, "relative_strength": -0.820801, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.497679, "energy": 16.559397, "activity_lines": [ 27.980001, 28.011819, 27.590238, 27.337957 ] }, { "date": "2024-07-26", "close": 29.77, "volume": 152005391, "typical_volume": 125865867.15, "trend": 27.547, "fair_value": 17.338846, "relative_strength": 6.838966, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 27.85541, "energy": 15.734014, "activity_lines": [ 28.418667, 28.408364, 27.841953, 27.49529 ] }, { "date": "2024-08-02", "close": 34.540001, "volume": 454786052, "typical_volume": 145237370.85, "trend": 27.651667, "fair_value": 17.478205, "relative_strength": 23.652195, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 75.648192, "energy": 51.228551, "activity_lines": [ 30.454001, 29.606364, 28.513572, 27.946452 ] }, { "date": "2024-08-09", "close": 32.32, "volume": 407996400, "typical_volume": 162655781.3, "trend": 27.699, "fair_value": 17.611346, "relative_strength": 16.513447, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.749843, "energy": 60.273923, "activity_lines": [ 31.375334, 30.256364, 28.914524, 28.247635 ] }, { "date": "2024-08-16", "close": 31.23, "volume": 160572827, "typical_volume": 166087032.55, "trend": 27.755, "fair_value": 17.746795, "relative_strength": 10.993737, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.897118, "energy": 64.221382, "activity_lines": [ 31.714, 30.566909, 29.183, 28.475441 ] }, { "date": "2024-08-23", "close": 34.48, "volume": 657330789, "typical_volume": 191207752.7, "trend": 27.897667, "fair_value": 17.896026, "relative_strength": 20.167771, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.619862, "energy": 70.563376, "activity_lines": [ 32.875333, 31.355091, 29.74681, 28.909312 ] }, { "date": "2024-08-30", "close": 30.559999, "volume": 325400110, "typical_volume": 200062412.8, "trend": 27.956333, "fair_value": 18.013718, "relative_strength": 4.358844, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.989781, "energy": 38.32897, "activity_lines": [ 32.239333, 31.373091, 29.928333, 29.081075 ] }, { "date": "2024-09-06", "close": 30.219999, "volume": 176037794, "typical_volume": 204677036.55, "trend": 28.047, "fair_value": 18.1225, "relative_strength": 4.533367, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.422351, "energy": 29.071503, "activity_lines": [ 31.437333, 31.316727, 30.06219, 29.227118 ] }, { "date": "2024-09-13", "close": 29.83, "volume": 114763623, "typical_volume": 206527273.85, "trend": 28.168, "fair_value": 18.225577, "relative_strength": 0.752121, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.567369, "energy": 21.418494, "activity_lines": [ 30.793333, 31.166, 30.148571, 29.342151 ] }, { "date": "2024-09-20", "close": 36.34, "volume": 279622547, "typical_volume": 217544855.45, "trend": 28.526, "fair_value": 18.374551, "relative_strength": 19.787785, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.583841, "energy": 36.242775, "activity_lines": [ 32.485333, 32.184363, 30.84481, 29.869376 ] }, { "date": "2024-09-27", "close": 46.349998, "volume": 430266392, "typical_volume": 235053549.5, "trend": 29.272666, "fair_value": 18.584487, "relative_strength": 48.599441, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.108563, "energy": 79.671938, "activity_lines": [ 37.173332, 34.858727, 32.448952, 31.019312 ] }, { "date": "2024-10-04", "close": 50.950001, "volume": 518820772, "typical_volume": 257482905.3, "trend": 30.219333, "fair_value": 18.81141, "relative_strength": 68.027717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.930398, "energy": 93.414743, "activity_lines": [ 42.603333, 38.019818, 34.389286, 32.417849 ] }, { "date": "2024-10-11", "close": 44.23, "volume": 133567386, "typical_volume": 259975339.4, "trend": 30.957, "fair_value": 18.99141, "relative_strength": 44.163326, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.810306, "energy": 85.48569, "activity_lines": [ 44.434, 39.574, 35.571524, 33.321763 ] }, { "date": "2024-10-18", "close": 42.450001, "volume": 96393003, "typical_volume": 259674823.35, "trend": 31.495333, "fair_value": 19.165449, "relative_strength": 37.338946, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.456132, "energy": 83.218407, "activity_lines": [ 44.737334, 40.628364, 36.500286, 34.063247 ] }, { "date": "2024-10-25", "close": 43.200001, "volume": 90938886, "typical_volume": 257128191.65, "trend": 31.993667, "fair_value": 19.351987, "relative_strength": 41.675189, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.070553, "energy": 68.98521, "activity_lines": [ 44.449334, 41.634909, 37.415238, 34.818387 ] }, { "date": "2024-11-01", "close": 43.029999, "volume": 49963318, "typical_volume": 229427213.35, "trend": 32.341333, "fair_value": 19.536154, "relative_strength": 38.663213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.280833, "energy": 48.174916, "activity_lines": [ 43.647334, 42.392909, 38.227333, 35.530409 ] }, { "date": "2024-11-08", "close": 41.580002, "volume": 102567786, "typical_volume": 226307641.9, "trend": 32.815667, "fair_value": 19.713269, "relative_strength": 33.516654, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.669276, "energy": 35.801555, "activity_lines": [ 42.583334, 42.731819, 38.845572, 36.126452 ] }, { "date": "2024-11-15", "close": 35.93, "volume": 84102102, "typical_volume": 224510045.15, "trend": 33.078333, "fair_value": 19.857051, "relative_strength": 17.744169, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.974745, "energy": 22.163157, "activity_lines": [ 40.260667, 41.843091, 38.869953, 36.327376 ] }, { "date": "2024-11-22", "close": 35.049999, "volume": 55215328, "typical_volume": 222583274.2, "trend": 33.323333, "fair_value": 19.994872, "relative_strength": 12.377162, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.129783, "energy": 20.019737, "activity_lines": [ 38.198, 40.690546, 38.777191, 36.454581 ] }, { "date": "2024-11-29", "close": 38.700001, "volume": 72161330, "typical_volume": 222126414.95, "trend": 33.72, "fair_value": 20.162179, "relative_strength": 21.895564, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.942005, "energy": 21.639498, "activity_lines": [ 37.845334, 40.106728, 39.003381, 36.801462 ] }, { "date": "2024-12-06", "close": 44.490002, "volume": 73964271, "typical_volume": 221823805.35, "trend": 34.371333, "fair_value": 20.357628, "relative_strength": 35.717566, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.284412, "energy": 23.275838, "activity_lines": [ 39.722668, 40.532728, 39.72681, 37.496301 ] }, { "date": "2024-12-13", "close": 47.450001, "volume": 91611543, "typical_volume": 218804112.95, "trend": 35.081334, "fair_value": 20.5775, "relative_strength": 42.534705, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.101485, "energy": 34.796472, "activity_lines": [ 42.489334, 41.530728, 40.649429, 38.340086 ] }, { "date": "2024-12-20", "close": 44.75, "volume": 70791365, "typical_volume": 199604378.6, "trend": 35.686334, "fair_value": 20.782628, "relative_strength": 39.461459, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 54.609788, "energy": 41.383059, "activity_lines": [ 43.964667, 42.101455, 41.230715, 38.963871 ] }, { "date": "2024-12-27", "close": 43.16, "volume": 32178360, "typical_volume": 180813476.6, "trend": 36.306667, "fair_value": 20.972115, "relative_strength": 31.850591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.412869, "energy": 53.517501, "activity_lines": [ 44.322001, 42.373637, 41.611953, 39.446043 ] }, { "date": "2025-01-03", "close": 45.799999, "volume": 126751397, "typical_volume": 179122405.1, "trend": 37.0, "fair_value": 21.175, "relative_strength": 37.90955, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.997166, "energy": 59.582822, "activity_lines": [ 45.018667, 43.112909, 42.193, 40.058516 ] }, { "date": "2025-01-10", "close": 38.98, "volume": 132540970, "typical_volume": 152882914.15, "trend": 37.255334, "fair_value": 21.329038, "relative_strength": 19.825047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.046007, "energy": 26.2249, "activity_lines": [ 42.968666, 42.564909, 42.055143, 40.186258 ] }, { "date": "2025-01-17", "close": 42.060001, "volume": 101123000, "typical_volume": 141669058.65, "trend": 37.661667, "fair_value": 21.495769, "relative_strength": 29.763415, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.3415, "energy": 17.499568, "activity_lines": [ 42.312667, 42.650546, 42.189191, 40.496237 ] }, { "date": "2025-01-24", "close": 38.52, "volume": 67707503, "typical_volume": 136252544.1, "trend": 37.981334, "fair_value": 21.645256, "relative_strength": 18.997375, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.924152, "energy": 11.945419, "activity_lines": [ 40.836, 42.083818, 41.931334, 40.551613 ] }, { "date": "2025-01-31", "close": 40.09, "volume": 76313502, "typical_volume": 134330038.05, "trend": 38.35, "fair_value": 21.789103, "relative_strength": 21.01154, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.767671, "energy": 14.013575, "activity_lines": [ 40.298, 41.755455, 41.783476, 40.687656 ] }, { "date": "2025-02-07", "close": 41.84, "volume": 169682585, "typical_volume": 128833039.95, "trend": 38.834, "fair_value": 21.955064, "relative_strength": 25.140828, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.328556, "energy": 11.047173, "activity_lines": [ 40.548, 41.653636, 41.753429, 40.912817 ] }, { "date": "2025-02-14", "close": 37.27, "volume": 123057372, "typical_volume": 113472588.95, "trend": 39.172333, "fair_value": 22.103269, "relative_strength": 13.864566, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.573804, "energy": 11.135396, "activity_lines": [ 39.538667, 40.663818, 41.261953, 40.811914 ] }, { "date": "2025-02-21", "close": 37.700001, "volume": 86601534, "typical_volume": 91861627.05, "trend": 39.436667, "fair_value": 22.261603, "relative_strength": 15.074884, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.93338, "energy": 20.14924, "activity_lines": [ 38.786667, 39.883455, 40.854667, 40.716925 ] }, { "date": "2025-02-28", "close": 33.259998, "volume": 71242287, "typical_volume": 88745372.1, "trend": 39.394, "fair_value": 22.392436, "relative_strength": 4.002147, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -42.557832, "energy": 45.608256, "activity_lines": [ 36.845333, 38.473091, 40.087619, 40.31843 ] }, { "date": "2025-03-07", "close": 36.040001, "volume": 147037338, "typical_volume": 91277588.85, "trend": 39.518, "fair_value": 22.532436, "relative_strength": 9.688246, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.736342, "energy": 48.598763, "activity_lines": [ 36.181333, 37.777091, 39.637572, 40.102043 ] }, { "date": "2025-03-14", "close": 33.389999, "volume": 68683444, "typical_volume": 90164816.75, "trend": 39.59, "fair_value": 22.658333, "relative_strength": 1.673544, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.29046, "energy": 55.665726, "activity_lines": [ 34.904, 36.728727, 38.965667, 39.706688 ] }, { "date": "2025-03-21", "close": 37.82, "volume": 115541088, "typical_volume": 93443705.25, "trend": 39.701333, "fair_value": 22.817436, "relative_strength": 9.843202, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.126907, "energy": 54.664421, "activity_lines": [ 35.666666, 36.711454, 38.762381, 39.592495 ] }, { "date": "2025-03-28", "close": 42.98, "volume": 318320239, "typical_volume": 104231327.9, "trend": 40.115333, "fair_value": 23.002244, "relative_strength": 23.031045, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -23.369436, "energy": 13.260448, "activity_lines": [ 38.112666, 37.653454, 39.075333, 39.804022 ] }, { "date": "2025-04-04", "close": 41.349998, "volume": 158492528, "typical_volume": 107950849.2, "trend": 40.486333, "fair_value": 23.167308, "relative_strength": 20.983109, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.237371, "energy": 15.054673, "activity_lines": [ 39.663333, 38.282363, 39.226381, 39.883677 ] }, { "date": "2025-04-11", "close": 40.029999, "volume": 125039882, "typical_volume": 111442076.9, "trend": 40.826333, "fair_value": 23.328718, "relative_strength": 16.699779, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.27899, "energy": 21.281468, "activity_lines": [ 40.234666, 38.619818, 39.225904, 39.854236 ] }, { "date": "2025-04-18", "close": 42.130001, "volume": 100628024, "typical_volume": 112865411.6, "trend": 41.019333, "fair_value": 23.502949, "relative_strength": 16.806401, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.704324, "energy": 18.887057, "activity_lines": [ 41.24, 39.340181, 39.401714, 39.938344 ] }, { "date": "2025-04-25", "close": 41.360001, "volume": 326388831, "typical_volume": 125486639.6, "trend": 40.853, "fair_value": 23.676731, "relative_strength": 13.078745, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.699592, "energy": 16.53622, "activity_lines": [ 41.406, 39.915273, 39.487857, 39.960323 ] }, { "date": "2025-05-02", "close": 40.23, "volume": 159735777, "typical_volume": 128892851.3, "trend": 40.495667, "fair_value": 23.850641, "relative_strength": 7.973073, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.944042, "energy": 11.725555, "activity_lines": [ 40.959334, 40.210545, 39.481286, 39.920129 ] }, { "date": "2025-05-09", "close": 38.650002, "volume": 203100515, "typical_volume": 135508308.8, "trend": 40.309667, "fair_value": 24.018269, "relative_strength": 4.56704, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.842876, "energy": 13.176852, "activity_lines": [ 40.169334, 40.172546, 39.358619, 39.801054 ] }, { "date": "2025-05-16", "close": 45.07, "volume": 397725993, "typical_volume": 153785690.45, "trend": 40.397, "fair_value": 24.224808, "relative_strength": 16.080946, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.780308, "energy": 16.888523, "activity_lines": [ 41.699334, 41.203818, 39.876429, 40.108172 ] }, { "date": "2025-05-23", "close": 51.900002, "volume": 621633169, "typical_volume": 178529779.05, "trend": 40.687, "fair_value": 24.481538, "relative_strength": 33.035883, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 78.036149, "energy": 62.727999, "activity_lines": [ 45.170001, 43.312728, 41.035619, 40.850301 ] }, { "date": "2025-05-30", "close": 58.099998, "volume": 1175888125, "typical_volume": 230697136.8, "trend": 41.189333, "fair_value": 24.769038, "relative_strength": 47.275443, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.257301, "energy": 82.496764, "activity_lines": [ 50.056, 46.212364, 42.756238, 41.973721 ] }, { "date": "2025-06-06", "close": 61.639999, "volume": 1183317925, "typical_volume": 284806883.05, "trend": 41.858, "fair_value": 25.077308, "relative_strength": 52.117279, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.076024, "energy": 92.618636, "activity_lines": [ 55.006, 49.386909, 44.722952, 43.293118 ] }, { "date": "2025-06-13", "close": 67.050003, "volume": 1518088683, "typical_volume": 357325942.05, "trend": 42.895333, "fair_value": 25.429231, "relative_strength": 64.680027, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.193626, "energy": 94.632679, "activity_lines": [ 60.332001, 53.205819, 47.111667, 44.918409 ] }, { "date": "2025-06-20", "close": 63.549999, "volume": 267903407, "typical_volume": 366905437.3, "trend": 43.845334, "fair_value": 25.760641, "relative_strength": 51.409451, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.693746, "energy": 89.461757, "activity_lines": [ 62.598, 55.921091, 49.031191, 46.250968 ] }, { "date": "2025-06-27", "close": 69.18, "volume": 118329314, "typical_volume": 364337773.75, "trend": 44.861333, "fair_value": 26.131026, "relative_strength": 58.717933, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.86714, "energy": 92.436641, "activity_lines": [ 65.508667, 59.232364, 51.375191, 47.885462 ] }, { "date": "2025-07-04", "close": 66.080002, "volume": 90553545, "typical_volume": 362712582.4, "trend": 45.581, "fair_value": 26.481538, "relative_strength": 50.275474, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.555732, "energy": 79.406065, "activity_lines": [ 66.234001, 61.488182, 53.293762, 49.254409 ] }, { "date": "2025-07-11", "close": 64.809998, "volume": 46049870, "typical_volume": 360684999.2, "trend": 46.159667, "fair_value": 26.824551, "relative_strength": 46.820691, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.411526, "energy": 64.495824, "activity_lines": [ 66.004, 63.063636, 54.954191, 50.494989 ] }, { "date": "2025-07-18", "close": 64.019997, "volume": 47583683, "typical_volume": 359502069.0, "trend": 46.802, "fair_value": 27.159615, "relative_strength": 43.787233, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.941564, "energy": 59.420987, "activity_lines": [ 65.299332, 64.048545, 56.410286, 51.647269 ] }, { "date": "2025-07-25", "close": 56.779999, "volume": 61530554, "typical_volume": 355226729.8, "trend": 47.256, "fair_value": 27.444103, "relative_strength": 26.715116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.757619, "energy": 41.850294, "activity_lines": [ 62.383332, 63.255818, 57.030381, 52.291011 ] }, { "date": "2025-08-01", "close": 50.09, "volume": 105405456, "typical_volume": 357062830.4, "trend": 47.399, "fair_value": 27.680897, "relative_strength": 12.253503, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.655886, "energy": 22.443833, "activity_lines": [ 57.688666, 61.033818, 56.914571, 52.473849 ] }, { "date": "2025-08-08", "close": 43.029999, "volume": 113359426, "typical_volume": 356953747.3, "trend": 47.534, "fair_value": 27.870833, "relative_strength": -3.219138, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.748673, "energy": 22.920867, "activity_lines": [ 51.913332, 57.56109, 56.046857, 52.191978 ] }, { "date": "2025-08-15", "close": 43.299999, "volume": 43293928, "typical_volume": 343202431.75, "trend": 47.575333, "fair_value": 28.052564, "relative_strength": -4.161684, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -15.849215, "energy": 35.516496, "activity_lines": [ 47.764666, 54.411454, 55.180047, 51.918817 ] }, { "date": "2025-08-22", "close": 48.91, "volume": 61583785, "typical_volume": 338356994.6, "trend": 47.921667, "fair_value": 28.261923, "relative_strength": 6.570449, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.334602, "energy": 38.838121, "activity_lines": [ 46.919999, 52.615272, 54.846, 52.004924 ] }, { "date": "2025-08-29", "close": 43.919998, "volume": 44129551, "typical_volume": 334311478.05, "trend": 48.049333, "fair_value": 28.407564, "relative_strength": -3.158228, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.409764, "energy": 47.858371, "activity_lines": [ 45.419332, 50.241635, 54.000714, 51.746752 ] }, { "date": "2025-09-05", "close": 46.919998, "volume": 49707783, "typical_volume": 331765466.0, "trend": 48.218666, "fair_value": 28.585256, "relative_strength": 1.428137, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.359565, "energy": 49.66355, "activity_lines": [ 45.775999, 48.770362, 53.422618, 51.673892 ] }, { "date": "2025-09-12", "close": 45.790001, "volume": 63382773, "typical_volume": 318615163.1, "trend": 48.502666, "fair_value": 28.760513, "relative_strength": -3.129258, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.404793, "energy": 38.579615, "activity_lines": [ 45.967333, 47.498363, 52.714095, 51.517204 ] }, { "date": "2025-09-19", "close": 48.040001, "volume": 120334298, "typical_volume": 316645089.15, "trend": 48.847333, "fair_value": 28.960128, "relative_strength": 0.276062, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.304193, "energy": 28.184188, "activity_lines": [ 46.724667, 47.004363, 52.198761, 51.487355 ] }, { "date": "2025-09-26", "close": 44.759998, "volume": 60708851, "typical_volume": 309525505.95, "trend": 49.230666, "fair_value": 29.141923, "relative_strength": -4.066404, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.643979, "energy": 27.662592, "activity_lines": [ 46.072666, 46.218908, 51.333856, 51.223655 ] }, { "date": "2025-10-03", "close": 46.48, "volume": 60040471, "typical_volume": 292641229.85, "trend": 49.578666, "fair_value": 29.327372, "relative_strength": -1.168114, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.948097, "energy": 24.556976, "activity_lines": [ 46.270666, 46.096363, 50.603666, 51.046193 ] }, { "date": "2025-10-10", "close": 48.580002, "volume": 172996898, "typical_volume": 270209416.3, "trend": 50.085, "fair_value": 29.534936, "relative_strength": 1.544871, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.194205, "energy": 17.509304, "activity_lines": [ 46.998, 46.542909, 50.066762, 50.981763 ] }, { "date": "2025-10-17", "close": 44.639999, "volume": 166330948, "typical_volume": 219731557.45, "trend": 50.312333, "fair_value": 29.716282, "relative_strength": -8.257824, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.953485, "energy": 23.156074, "activity_lines": [ 46.301333, 46.300545, 49.170428, 50.630473 ] }, { "date": "2025-10-24", "close": 45.200001, "volume": 63375388, "typical_volume": 163734430.6, "trend": 50.386333, "fair_value": 29.903461, "relative_strength": -7.381861, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.462099, "energy": 34.300864, "activity_lines": [ 45.868, 46.130727, 48.391524, 50.300645 ] }, { "date": "2025-10-31", "close": 46.419998, "volume": 196329525, "typical_volume": 97646472.7, "trend": 50.555333, "fair_value": 30.093333, "relative_strength": -4.645019, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.27384, "energy": 32.28394, "activity_lines": [ 46.030666, 46.148182, 47.807095, 50.044752 ] }, { "date": "2025-11-07", "close": 39.189999, "volume": 326105019, "typical_volume": 100556553.3, "trend": 50.527333, "fair_value": 30.241987, "relative_strength": -18.618436, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.00013, "energy": 64.060208, "activity_lines": [ 43.672666, 44.896363, 46.632333, 49.311505 ] }, { "date": "2025-11-14", "close": 41.330002, "volume": 281377406, "typical_volume": 108708957.9, "trend": 50.500666, "fair_value": 30.407564, "relative_strength": -15.61699, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.395623, "energy": 64.271365, "activity_lines": [ 42.514, 44.119636, 45.777381, 48.718129 ] }, { "date": "2025-11-21", "close": 38.84, "volume": 165926874, "typical_volume": 112477624.35, "trend": 50.416666, "fair_value": 30.553974, "relative_strength": -21.200864, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.361066, "energy": 75.131764, "activity_lines": [ 41.008667, 42.991818, 44.817905, 47.965828 ] }, { "date": "2025-11-28", "close": 39.950001, "volume": 257033920, "typical_volume": 123026826.85, "trend": 50.407333, "fair_value": 30.702372, "relative_strength": -19.300915, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.049007, "energy": 75.396326, "activity_lines": [ 40.26, 42.192182, 44.093857, 47.290559 ] }, { "date": "2025-12-05", "close": 37.68, "volume": 98652782, "typical_volume": 125580281.8, "trend": 50.375, "fair_value": 30.841987, "relative_strength": -23.555187, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.343989, "energy": 76.053149, "activity_lines": [ 39.104667, 41.126909, 43.272, 46.469441 ] }, { "date": "2025-12-12", "close": 34.529999, "volume": 229768915, "typical_volume": 133992199.85, "trend": 50.023666, "fair_value": 30.962372, "relative_strength": -29.143524, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.133976, "energy": 80.311074, "activity_lines": [ 37.482, 39.617636, 42.275571, 45.447183 ] }, { "date": "2025-12-19", "close": 38.560001, "volume": 413135601, "typical_volume": 149378707.1, "trend": 49.579, "fair_value": 31.122692, "relative_strength": -20.290686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.727358, "energy": 55.988364, "activity_lines": [ 37.513334, 39.058364, 41.768905, 44.707591 ] }, { "date": "2025-12-26", "close": 36.540001, "volume": 298520931, "typical_volume": 158636782.35, "trend": 48.860333, "fair_value": 31.264936, "relative_strength": -24.366908, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.386429, "energy": 54.513173, "activity_lines": [ 37.056, 38.314, 41.124762, 43.866366 ] }, { "date": "2026-01-02", "close": 35.93, "volume": 253488766, "typical_volume": 169146524.25, "trend": 48.003333, "fair_value": 31.402628, "relative_strength": -26.021478, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.259411, "energy": 52.728789, "activity_lines": [ 36.548667, 37.606, 40.453429, 43.03215 ] }, { "date": "2026-01-09", "close": 33.880001, "volume": 106528265, "typical_volume": 171393748.25, "trend": 46.897666, "fair_value": 31.529103, "relative_strength": -28.232113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.65994, "energy": 55.233954, "activity_lines": [ 35.626001, 36.693819, 39.621953, 42.120968 ] }, { "date": "2026-01-16", "close": 31.879999, "volume": 133262332, "typical_volume": 175850387.3, "trend": 45.842, "fair_value": 31.644679, "relative_strength": -32.09139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.098864, "energy": 66.555324, "activity_lines": [ 34.29, 35.646, 38.671572, 41.152086 ] }, { "date": "2026-01-23", "close": 28.27, "volume": 225462162, "typical_volume": 184638106.25, "trend": 44.478333, "fair_value": 31.744808, "relative_strength": -37.876091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.347252, "energy": 82.464689, "activity_lines": [ 31.927333, 34.074727, 37.434714, 40.018409 ] }, { "date": "2026-01-30", "close": 28.25, "volume": 219810070, "typical_volume": 192459471.1, "trend": 43.217333, "fair_value": 31.850577, "relative_strength": -38.201179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.522932, "energy": 87.475193, "activity_lines": [ 30.244, 32.737273, 36.284762, 38.971419 ] }, { "date": "2026-02-06", "close": 27.98, "volume": 446684305, "typical_volume": 208776971.45, "trend": 41.989666, "fair_value": 31.955256, "relative_strength": -39.235896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.984302, "energy": 87.733298, "activity_lines": [ 29.023333, 31.543273, 35.192619, 37.988366 ] }, { "date": "2026-02-13", "close": 26.799999, "volume": 148056239, "typical_volume": 213144340.85, "trend": 40.749, "fair_value": 32.056218, "relative_strength": -40.926475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.049217, "energy": 88.148676, "activity_lines": [ 27.939333, 30.352364, 34.083619, 37.008387 ] }, { "date": "2026-02-20", "close": 26.25, "volume": 123007979, "typical_volume": 216292716.25, "trend": 39.731333, "fair_value": 32.159744, "relative_strength": -41.972423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.499968, "energy": 84.967707, "activity_lines": [ 27.144, 29.259273, 33.007762, 36.072968 ] }, { "date": "2026-02-27", "close": 23.969999, "volume": 155849345, "typical_volume": 215435338.6, "trend": 38.860667, "fair_value": 32.244808, "relative_strength": -45.861876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.375142, "energy": 85.314277, "activity_lines": [ 25.963999, 27.902181, 31.811095, 35.056107 ] }, { "date": "2026-03-06", "close": 22.440001, "volume": 249218032, "typical_volume": 219579692.8, "trend": 38.174333, "fair_value": 32.315256, "relative_strength": -47.416837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.461625, "energy": 85.82769, "activity_lines": [ 24.560667, 26.532182, 30.585905, 33.99671 ] }, { "date": "2026-03-13", "close": 22.25, "volume": 278034830, "typical_volume": 230312664.9, "trend": 37.472667, "fair_value": 32.389295, "relative_strength": -44.612555, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.69658, "energy": 84.862164, "activity_lines": [ 23.481333, 25.384, 29.448333, 32.969333 ] }, { "date": "2026-03-20", "close": 22.620001, "volume": 232317017, "typical_volume": 232112039.5, "trend": 36.596333, "fair_value": 32.471154, "relative_strength": -43.198782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.428659, "energy": 84.311011, "activity_lines": [ 22.907334, 24.551818, 28.455286, 32.011097 ] }, { "date": "2026-03-27", "close": 21.35, "volume": 288512688, "typical_volume": 230232422.95, "trend": 35.844, "fair_value": 32.544231, "relative_strength": -45.149027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.872848, "energy": 84.603163, "activity_lines": [ 22.188667, 23.693455, 27.454619, 31.027462 ] }, { "date": "2026-04-03", "close": 22.639999, "volume": 213050152, "typical_volume": 226816060.25, "trend": 35.034667, "fair_value": 32.617885, "relative_strength": -41.024508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.132567, "energy": 68.100253, "activity_lines": [ 22.226667, 23.261091, 26.661762, 30.175591 ] }, { "date": "2026-04-10", "close": 25.209999, "volume": 377536458, "typical_volume": 237396539.45, "trend": 34.348667, "fair_value": 32.697436, "relative_strength": -37.480177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.525261, "energy": 59.261971, "activity_lines": [ 23.21, 23.398363, 26.202667, 29.541742 ] }, { "date": "2026-04-17", "close": 28.68, "volume": 584254204, "typical_volume": 253757553.65, "trend": 33.703333, "fair_value": 32.804359, "relative_strength": -29.28198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.227763, "energy": 37.264022, "activity_lines": [ 25.165333, 24.221818, 26.138952, 29.176021 ] }, { "date": "2026-04-24", "close": 28.4, "volume": 452577866, "typical_volume": 271453807.85, "trend": 33.158, "fair_value": 32.908205, "relative_strength": -28.196117, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.622543, "energy": 28.540365, "activity_lines": [ 26.598666, 24.981636, 26.102238, 28.833871 ] }, { "date": "2026-05-01", "close": 28.610001, "volume": 222580882, "typical_volume": 271094406.2, "trend": 32.562333, "fair_value": 33.012115, "relative_strength": -27.578156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.675576, "energy": 29.502946, "activity_lines": [ 27.716667, 25.750545, 26.129714, 28.540452 ] }, { "date": "2026-05-08", "close": 28.700001, "volume": 186999559, "typical_volume": 259787604.1, "trend": 31.899667, "fair_value": 33.120449, "relative_strength": -27.52912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.225289, "energy": 24.822326, "activity_lines": [ 28.380667, 26.492909, 26.193952, 28.291269 ] }, { "date": "2026-05-15", "close": 27.120001, "volume": 195274793, "typical_volume": 254625297.2, "trend": 31.315667, "fair_value": 33.220897, "relative_strength": -29.433957, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.850272, "energy": 20.712374, "activity_lines": [ 28.114001, 26.862, 26.154667, 27.982903 ] }, { "date": "2026-05-22", "close": 27.08, "volume": 162381000, "typical_volume": 250069908.9, "trend": 30.711667, "fair_value": 33.310833, "relative_strength": -28.96774, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.07907, "energy": 14.530678, "activity_lines": [ 27.706667, 27.138728, 26.156429, 27.709635 ] }, { "date": "2026-05-29", "close": 27.639999, "volume": 196072976, "typical_volume": 254547144.45, "trend": 30.085667, "fair_value": 33.403718, "relative_strength": -25.93055, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.334782, "energy": 9.441728, "activity_lines": [ 27.592667, 27.429455, 26.253667, 27.511462 ] }, { "date": "2026-06-05", "close": 28.59, "volume": 66252903, "typical_volume": 251196673.0, "trend": 29.732333, "fair_value": 33.497564, "relative_strength": -21.609847, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.489595, "energy": 5.485319, "activity_lines": [ 27.846, 27.801636, 26.471095, 27.414968 ] }, { "date": "2026-06-12", "close": 26.610001, "volume": 36195666, "typical_volume": 241733348.2, "trend": 29.241667, "fair_value": 33.564936, "relative_strength": -26.391601, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.522356, "energy": 11.413075, "activity_lines": [ 27.440667, 27.682182, 26.515619, 27.213527 ] }, { "date": "2026-06-19", "close": 26.1, "volume": 33990385, "typical_volume": 232442363.95, "trend": 28.817, "fair_value": 33.637692, "relative_strength": -27.663172, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.807403, "energy": 15.371245, "activity_lines": [ 27.004667, 27.397818, 26.519476, 27.010839 ] }, { "date": "2026-06-26", "close": 24.879999, "volume": 0, "typical_volume": 210108148.7, "trend": 28.314667, "fair_value": 33.707115, "relative_strength": -29.669488, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.21147, "energy": 25.831725, "activity_lines": [ 26.23, 26.875455, 26.417381, 26.756839 ] }, { "date": "2026-07-03", "close": 25.700001, "volume": 52124005, "typical_volume": 205311537.0, "trend": 27.915333, "fair_value": 33.774103, "relative_strength": -26.518177, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.354816, "energy": 28.641584, "activity_lines": [ 25.875334, 26.571273, 26.408143, 26.588151 ] }, { "date": "2026-07-10", "close": 25.120001, "volume": 133838261, "typical_volume": 205853051.1, "trend": 27.601667, "fair_value": 33.837372, "relative_strength": -26.476495, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.162815, "energy": 37.405868, "activity_lines": [ 25.456667, 26.210728, 26.348905, 26.407807 ] }, { "date": "2026-07-17", "close": 24.440001, "volume": 110493930, "typical_volume": 203585280.35, "trend": 27.131, "fair_value": 33.892756, "relative_strength": -27.296249, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.287508, "energy": 54.609783, "activity_lines": [ 25.042667, 25.79, 26.230286, 26.203828 ] }, { "date": "2026-07-24", "close": 24.059999, "volume": 82699133, "typical_volume": 195259335.4, "trend": 26.715, "fair_value": 33.943782, "relative_strength": -25.39675, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.681989, "energy": 62.348123, "activity_lines": [ 24.646667, 25.377637, 26.073238, 26.005699 ] }, { "date": "2026-07-31", "close": 23.41, "volume": 69793941, "typical_volume": 184847290.95, "trend": 26.297667, "fair_value": 33.971731, "relative_strength": -28.147696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.013142, "energy": 69.329599, "activity_lines": [ 24.17, 24.902727, 25.846572, 25.792473 ] }, { "date": "2026-08-07", "close": 24.34, "volume": 133840643, "typical_volume": 179923472.25, "trend": 25.979667, "fair_value": 34.016218, "relative_strength": -25.02508, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.670279, "energy": 60.572563, "activity_lines": [ 24.101333, 24.663637, 25.702953, 25.666172 ] } ], "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." } } }