{ "ticker": { "uuid": "cdb993ef-63fe-4216-bf42-221520619778", "symbol": "KAYNES", "name": "Kaynes Technology India Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 57.964, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 15.473, "architecture_energy": 20.039, "architecture_maturity": 20.751, "architecture_confidence": 42.106, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 54.04, "rotation_up": 55.04, "upward_expansion": 21.99, "deceleration": 38.82, "rotation_down": 15.28, "downward_expansion": 31.65 }, "activity_lines": [ 3609.080046, 3467.161856, 3478.946203, 3543.511621 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 3856.300049, "trend_reference": 3603.206665, "distance_from_trend": 0.070241, "trend_direction": "Weakening", "fair_value": 4335.19263, "distance_from_fair_value": -0.110466, "fair_value_direction": "Weakening", "relative_strength": -14.875839, "relative_strength_direction": "Weakening", "price_momentum": 0.042159, "excess_performance": 0.085868, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.070241, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.120587, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.110466, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.186586, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.148758, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.040712, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.042159, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.281865, "read": "Demand-led" } ], "volume": { "latest": 5319217, "relative_activity": 0.885682, "balance": 1.281865, "dry_up": 1.045942, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.08654, "annualized_volatility": 0.616815, "from_high_reference": -0.499507, "from_low_reference": 0.287579 }, "levels": { "trend_reference": 3603.206665, "fair_value_reference": 4335.19263, "structural_low": 2995.0, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": 0.041837, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.020253, "regime_survival": 0.333333, "best_return": 0.080841, "worst_return": -0.2252, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.018917, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.043551, "regime_survival": 0.0, "best_return": 0.021457, "worst_return": -0.059292, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.200057, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.127019, "regime_survival": 0.0, "best_return": 0.200057, "worst_return": 0.200057, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.234504, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.228622, "regime_survival": 0.0, "best_return": -0.234504, "worst_return": -0.234504, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-31", "end": "2025-01-24", "tenure": "Extended", "return": 0.660912, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-31", "end": "2025-02-07", "tenure": "New", "return": -0.107108, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-14", "end": "2025-03-07", "tenure": "New", "return": 0.111927, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-14", "end": "2025-04-18", "tenure": "Developing", "return": 0.329673, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-05-02", "tenure": "New", "return": 0.03285, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-09", "end": "2025-06-20", "tenure": "Developing", "return": 0.035125, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-27", "end": "2025-07-11", "tenure": "New", "return": 0.022241, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-10-31", "tenure": "Established", "return": 0.145481, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2025-11-28", "tenure": "New", "return": -0.118072, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-05", "end": "2025-12-19", "tenure": "New", "return": -0.038704, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-26", "end": "2026-04-24", "tenure": "Established", "return": 0.050807, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-05-29", "tenure": "Developing", "return": -0.2252, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-07-31", "tenure": "Developing", "return": 0.21872, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1748.349976, "volume": 416682, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 1984.300049, "volume": 2044757, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 1990.900024, "volume": 1259752, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 2036.800049, "volume": 1257900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 2119.25, "volume": 1348329, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 2050.149902, "volume": 714084, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 2300.300049, "volume": 682732, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 2549.699951, "volume": 771029, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 2668.550049, "volume": 1229911, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 2456.050049, "volume": 643508, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 2379.25, "volume": 615452, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 2365.800049, "volume": 1125512, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 2448.199951, "volume": 413079, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 2492.449951, "volume": 333049, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 2450.149902, "volume": 402009, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 2434.5, "volume": 409389, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 2361.600098, "volume": 391630, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 2580.449951, "volume": 1090800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 2743.5, "volume": 1712271, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 2610.550049, "volume": 634976, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 2556.25, "volume": 1083639, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 2735.300049, "volume": 550112, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 2733.449951, "volume": 295595, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 2878.449951, "volume": 430351, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 2907.25, "volume": 821113, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 2903.350098, "volume": 708593, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 2795.5, "volume": 719864, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 2854.350098, "volume": 840976, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 2945.5, "volume": 1529499, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 3112.75, "volume": 1553498, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 2666.600098, "volume": 3037014, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 2798.949951, "volume": 1252916, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 2871.949951, "volume": 527295, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 2647.300049, "volume": 755204, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 2502.600098, "volume": 1087768, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 2631.649902, "volume": 613088, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 2728.5, "volume": 631228, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 2525.449951, "volume": 420585, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 2531.600098, "volume": 330686, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 3080.350098, "volume": 1826086, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 3309.800049, "volume": 1732004, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 3388.800049, "volume": 922497, "typical_volume": 1001793.0, "trend": 2740.903345, "fair_value": 1884.870007, "relative_strength": 30.325304, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.835689, "energy": 70.264151, "activity_lines": [ 3134.193392, 2927.933674, 2860.261218, 2819.476904 ] }, { "date": "2024-06-07", "close": 3334.25, "volume": 2650777, "typical_volume": 1119552.1, "trend": 2770.438346, "fair_value": 1902.763587, "relative_strength": 22.764451, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.207161, "energy": 72.541373, "activity_lines": [ 3256.543376, 3021.106397, 2907.265264, 2857.757333 ] }, { "date": "2024-06-14", "close": 3797.850098, "volume": 2219005, "typical_volume": 1208984.8, "trend": 2813.951685, "fair_value": 1925.874398, "relative_strength": 37.006386, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.523706, "energy": 87.198904, "activity_lines": [ 3479.506722, 3190.164591, 2995.560747, 2924.041962 ] }, { "date": "2024-06-21", "close": 3902.75, "volume": 1161812, "typical_volume": 1226019.75, "trend": 2862.371688, "fair_value": 1949.692176, "relative_strength": 38.642524, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.708881, "energy": 90.228702, "activity_lines": [ 3653.020036, 3357.376403, 3089.468601, 2994.287015 ] }, { "date": "2024-06-28", "close": 3853.399902, "volume": 928115, "typical_volume": 1236995.85, "trend": 2909.668351, "fair_value": 1972.355363, "relative_strength": 32.242865, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.326212, "energy": 86.928057, "activity_lines": [ 3755.256657, 3490.158199, 3173.93597, 3058.224319 ] }, { "date": "2024-07-05", "close": 4238.799805, "volume": 1460527, "typical_volume": 1274029.0, "trend": 2972.241675, "fair_value": 1999.019416, "relative_strength": 41.550039, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.749974, "energy": 92.307777, "activity_lines": [ 3949.719922, 3670.799068, 3290.584045, 3143.974735 ] }, { "date": "2024-07-12", "close": 4142.899902, "volume": 1424595, "typical_volume": 1303209.95, "trend": 3024.32334, "fair_value": 2023.948259, "relative_strength": 35.680059, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.868435, "energy": 83.135391, "activity_lines": [ 4055.549902, 3806.543595, 3391.225939, 3219.501073 ] }, { "date": "2024-07-19", "close": 3901.850098, "volume": 923854, "typical_volume": 1272927.7, "trend": 3062.93501, "fair_value": 2045.533337, "relative_strength": 26.311589, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.915443, "energy": 60.271014, "activity_lines": [ 4027.119954, 3869.052703, 3462.774758, 3276.115702 ] }, { "date": "2024-07-26", "close": 4249.950195, "volume": 809987, "typical_volume": 1235752.15, "trend": 3117.581681, "fair_value": 2070.583529, "relative_strength": 34.253041, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.17374, "energy": 60.874421, "activity_lines": [ 4107.790039, 3969.939102, 3562.921919, 3352.697327 ] }, { "date": "2024-08-02", "close": 4353.399902, "volume": 2116239, "typical_volume": 1189713.4, "trend": 3177.486678, "fair_value": 2096.233151, "relative_strength": 36.452235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.353397, "energy": 58.160931, "activity_lines": [ 4199.79668, 4068.369083, 3667.506194, 3432.427535 ] }, { "date": "2024-08-09", "close": 4279.149902, "volume": 650248, "typical_volume": 1159580.0, "trend": 3228.94834, "fair_value": 2120.487781, "relative_strength": 34.322185, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.579743, "energy": 53.02376, "activity_lines": [ 4233.719987, 4134.32452, 3756.986661, 3503.502582 ] }, { "date": "2024-08-16", "close": 5082.200195, "volume": 2866385, "typical_volume": 1276534.5, "trend": 3307.240015, "fair_value": 2153.034072, "relative_strength": 55.731247, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.147102, "energy": 67.004886, "activity_lines": [ 4532.636718, 4330.100923, 3915.899536, 3623.067217 ] }, { "date": "2024-08-23", "close": 5054.850098, "volume": 1185991, "typical_volume": 1298073.85, "trend": 3379.786686, "fair_value": 2184.57555, "relative_strength": 50.936808, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.356098, "energy": 82.314568, "activity_lines": [ 4759.816732, 4489.123668, 4061.682639, 3735.816255 ] }, { "date": "2024-08-30", "close": 4753.799805, "volume": 1098471, "typical_volume": 1298609.0, "trend": 3441.338346, "fair_value": 2212.201617, "relative_strength": 37.936199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.105496, "energy": 73.310139, "activity_lines": [ 4809.779981, 4570.555451, 4167.329762, 3824.462263 ] }, { "date": "2024-09-06", "close": 4700.700195, "volume": 3931427, "typical_volume": 1464525.95, "trend": 3501.250016, "fair_value": 2238.675007, "relative_strength": 36.837112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.761816, "energy": 73.248285, "activity_lines": [ 4808.453385, 4626.859126, 4257.19978, 3905.711414 ] }, { "date": "2024-09-13", "close": 5333.25, "volume": 6347530, "typical_volume": 1750341.05, "trend": 3585.841683, "fair_value": 2271.24948, "relative_strength": 49.964057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.03169, "energy": 67.804592, "activity_lines": [ 4994.823372, 4782.766397, 4397.460017, 4023.904962 ] }, { "date": "2024-09-20", "close": 5479.350098, "volume": 3152202, "typical_volume": 1886921.9, "trend": 3673.341683, "fair_value": 2304.667195, "relative_strength": 49.261475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.546745, "energy": 63.534009, "activity_lines": [ 5159.620052, 4945.338228, 4539.230977, 4146.066795 ] }, { "date": "2024-09-27", "close": 5552.850098, "volume": 1448748, "typical_volume": 1942825.0, "trend": 3760.253353, "fair_value": 2338.153617, "relative_strength": 47.133711, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.508871, "energy": 64.010709, "activity_lines": [ 5322.440072, 5096.974601, 4673.935746, 4267.325402 ] }, { "date": "2024-10-04", "close": 5048.5, "volume": 1354821, "typical_volume": 1919261.75, "trend": 3824.778353, "fair_value": 2365.810212, "relative_strength": 38.663071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.477346, "energy": 57.324769, "activity_lines": [ 5283.943392, 5126.892774, 4746.220267, 4350.438089 ] }, { "date": "2024-10-11", "close": 5590.299805, "volume": 2723064, "typical_volume": 1968814.75, "trend": 3922.23501, "fair_value": 2398.380814, "relative_strength": 52.069268, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.666607, "energy": 57.989509, "activity_lines": [ 5406.399968, 5240.800915, 4860.732628, 4464.342699 ] }, { "date": "2024-10-18", "close": 5610.5, "volume": 1744129, "typical_volume": 2009896.35, "trend": 4015.953345, "fair_value": 2430.502006, "relative_strength": 51.318119, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.979316, "energy": 55.096279, "activity_lines": [ 5476.283301, 5335.892729, 4966.309294, 4573.263021 ] }, { "date": "2024-10-25", "close": 5301.600098, "volume": 1298760, "typical_volume": 1942295.5, "trend": 4096.941683, "fair_value": 2458.92872, "relative_strength": 45.202261, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.422139, "energy": 45.760303, "activity_lines": [ 5424.716667, 5350.61456, 5031.887398, 4656.207973 ] }, { "date": "2024-11-01", "close": 5512.350098, "volume": 2041764, "typical_volume": 1933433.45, "trend": 4192.443351, "fair_value": 2488.864224, "relative_strength": 48.247403, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.918306, "energy": 46.759979, "activity_lines": [ 5455.250033, 5399.665483, 5108.168597, 4747.524645 ] }, { "date": "2024-11-08", "close": 5544.299805, "volume": 3446807, "typical_volume": 2047683.2, "trend": 4293.833342, "fair_value": 2518.528647, "relative_strength": 48.142333, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.222463, "energy": 41.781895, "activity_lines": [ 5499.133301, 5446.207262, 5179.328339, 4834.74119 ] }, { "date": "2024-11-15", "close": 5538.149902, "volume": 1623293, "typical_volume": 2082442.1, "trend": 4390.716675, "fair_value": 2547.563467, "relative_strength": 49.821626, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.026579, "energy": 39.790724, "activity_lines": [ 5507.913281, 5477.25815, 5242.085473, 4915.019678 ] }, { "date": "2024-11-22", "close": 5854.850098, "volume": 1729851, "typical_volume": 2095908.3, "trend": 4494.928345, "fair_value": 2579.061435, "relative_strength": 53.62966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.432525, "energy": 46.042065, "activity_lines": [ 5625.736654, 5550.664533, 5326.98191, 5009.479899 ] }, { "date": "2024-11-29", "close": 5987.450195, "volume": 1646124, "typical_volume": 2106984.75, "trend": 4610.328353, "fair_value": 2611.216045, "relative_strength": 53.284562, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.312047, "energy": 49.035332, "activity_lines": [ 5771.470052, 5638.696387, 5416.811451, 5105.771631 ] }, { "date": "2024-12-06", "close": 6232.700195, "volume": 2516583, "typical_volume": 2186621.2, "trend": 4733.698356, "fair_value": 2645.061692, "relative_strength": 53.476665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.645505, "energy": 63.02776, "activity_lines": [ 5953.230111, 5762.080966, 5521.214562, 5210.440782 ] }, { "date": "2024-12-13", "close": 6752.049805, "volume": 2341140, "typical_volume": 2263178.85, "trend": 4856.088346, "fair_value": 2683.089359, "relative_strength": 62.76019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.151977, "energy": 83.005128, "activity_lines": [ 6260.083366, 5967.531836, 5663.980255, 5340.657005 ] }, { "date": "2024-12-20", "close": 7303.649902, "volume": 6777513, "typical_volume": 2496242.55, "trend": 4989.216675, "fair_value": 2725.479823, "relative_strength": 81.103658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.158233, "energy": 90.729022, "activity_lines": [ 6670.286654, 6242.3, 5847.36453, 5498.564202 ] }, { "date": "2024-12-27", "close": 7068.450195, "volume": 1686211, "typical_volume": 2548040.7, "trend": 5111.87168, "fair_value": 2764.961372, "relative_strength": 70.225725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.803478, "energy": 87.62244, "activity_lines": [ 6884.390039, 6443.152761, 5994.300023, 5632.7083 ] }, { "date": "2025-01-03", "close": 7544.700195, "volume": 2774810, "typical_volume": 2543461.95, "trend": 5252.22002, "fair_value": 2808.022082, "relative_strength": 76.422226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.24246, "energy": 91.407938, "activity_lines": [ 7176.336751, 6704.088246, 6173.310277, 5789.664978 ] }, { "date": "2025-01-10", "close": 6672.350098, "volume": 2758565, "typical_volume": 2622090.65, "trend": 5348.036686, "fair_value": 2842.525011, "relative_strength": 57.12971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.368301, "energy": 71.473005, "activity_lines": [ 7073.683431, 6765.630984, 6257.513379, 5881.286274 ] }, { "date": "2025-01-17", "close": 6579.899902, "volume": 3955778, "typical_volume": 2764956.0, "trend": 5437.275016, "fair_value": 2875.599125, "relative_strength": 53.910412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.914652, "energy": 51.644291, "activity_lines": [ 6910.903385, 6789.273686, 6325.209319, 5960.76132 ] }, { "date": "2025-01-24", "close": 5628.5, "volume": 5254978, "typical_volume": 2831133.55, "trend": 5496.44502, "fair_value": 2899.747378, "relative_strength": 30.801854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.040394, "energy": 22.311366, "activity_lines": [ 6442.466699, 6621.105495, 6293.60003, 5973.098415 ] }, { "date": "2025-01-31", "close": 4792.350098, "volume": 11572989, "typical_volume": 3092406.5, "trend": 5514.896696, "fair_value": 2916.204793, "relative_strength": 8.604839, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.327716, "energy": 20.877169, "activity_lines": [ 5806.990039, 6299.267321, 6177.939323, 5927.672937 ] }, { "date": "2025-02-07", "close": 4279.049805, "volume": 6058417, "typical_volume": 3237717.25, "trend": 5519.435026, "fair_value": 2927.953457, "relative_strength": -3.716614, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -42.628363, "energy": 45.639827, "activity_lines": [ 5152.153288, 5903.420002, 6015.968587, 5847.940879 ] }, { "date": "2025-02-14", "close": 4008.399902, "volume": 5876613, "typical_volume": 3459110.5, "trend": 5522.986686, "fair_value": 2937.188042, "relative_strength": -7.776775, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.426278, "energy": 56.588844, "activity_lines": [ 4624.809928, 5489.425435, 5833.937386, 5750.454742 ] }, { "date": "2025-02-21", "close": 4367.700195, "volume": 5171931, "typical_volume": 3649966.0, "trend": 5526.911686, "fair_value": 2949.311026, "relative_strength": 0.434729, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.340788, "energy": 67.322801, "activity_lines": [ 4394.830013, 5181.200018, 5693.479785, 5675.92013 ] }, { "date": "2025-02-28", "close": 4144.149902, "volume": 3049543, "typical_volume": 3666289.95, "trend": 5519.936686, "fair_value": 2959.351689, "relative_strength": -2.360622, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.632205, "energy": 72.301532, "activity_lines": [ 4237.813314, 4875.680904, 5534.973584, 5586.709692 ] }, { "date": "2025-03-07", "close": 4457.049805, "volume": 3020470, "typical_volume": 3730107.0, "trend": 5525.866683, "fair_value": 2971.832507, "relative_strength": 2.411334, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.296806, "energy": 71.065668, "activity_lines": [ 4284.053255, 4684.498136, 5413.153802, 5518.136345 ] }, { "date": "2025-03-14", "close": 4243.899902, "volume": 4759525, "typical_volume": 3903145.25, "trend": 5497.92334, "fair_value": 2982.34546, "relative_strength": -2.474926, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.720681, "energy": 52.215824, "activity_lines": [ 4281.596582, 4502.040847, 5276.526648, 5435.428811 ] }, { "date": "2025-03-21", "close": 4848.299805, "volume": 3045178, "typical_volume": 3953315.95, "trend": 5491.03833, "fair_value": 2997.640168, "relative_strength": 6.016521, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.412832, "energy": 43.286961, "activity_lines": [ 4482.94987, 4489.489, 5202.498058, 5393.517615 ] }, { "date": "2025-03-28", "close": 4747.350098, "volume": 3114707, "typical_volume": 3936710.95, "trend": 5490.82334, "fair_value": 3011.865452, "relative_strength": 2.327712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.578566, "energy": 32.165326, "activity_lines": [ 4594.659929, 4491.747212, 5122.017355, 5345.537729 ] }, { "date": "2025-04-04", "close": 4649.75, "volume": 1845868, "typical_volume": 3947839.7, "trend": 5489.125, "fair_value": 3025.074199, "relative_strength": 2.064654, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.447585, "energy": 28.332549, "activity_lines": [ 4648.526628, 4509.579039, 5036.036403, 5291.274933 ] }, { "date": "2025-04-11", "close": 5091.149902, "volume": 3001303, "typical_volume": 4011412.3, "trend": 5481.054997, "fair_value": 3041.602804, "relative_strength": 10.925218, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.798178, "energy": 22.041315, "activity_lines": [ 4815.819954, 4625.460849, 4996.324012, 5265.59912 ] }, { "date": "2025-04-18", "close": 5643.0, "volume": 3546300, "typical_volume": 4106421.1, "trend": 5486.509993, "fair_value": 3062.248814, "relative_strength": 16.364321, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.422192, "energy": 17.546476, "activity_lines": [ 5124.789974, 4836.246316, 5012.805441, 5276.047185 ] }, { "date": "2025-04-25", "close": 5573.899902, "volume": 3428616, "typical_volume": 4152022.75, "trend": 5487.211654, "fair_value": 3082.025594, "relative_strength": 12.865885, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.237159, "energy": 18.317847, "activity_lines": [ 5317.453288, 5009.669034, 5024.346147, 5281.685243 ] }, { "date": "2025-05-02", "close": 5757.0, "volume": 2022205, "typical_volume": 4136076.0, "trend": 5510.82832, "fair_value": 3102.923831, "relative_strength": 13.780123, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.348305, "energy": 31.443177, "activity_lines": [ 5522.776627, 5187.919043, 5056.462102, 5299.090943 ] }, { "date": "2025-05-09", "close": 5665.5, "volume": 1784999, "typical_volume": 3886450.3, "trend": 5513.334993, "fair_value": 3122.788763, "relative_strength": 12.292032, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.324793, "energy": 34.913219, "activity_lines": [ 5630.289974, 5324.272692, 5084.602104, 5309.069761 ] }, { "date": "2025-05-16", "close": 6262.5, "volume": 4384852, "typical_volume": 4021382.35, "trend": 5535.068327, "fair_value": 3146.940388, "relative_strength": 17.884119, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.685345, "energy": 54.052632, "activity_lines": [ 5869.086654, 5541.510884, 5177.399963, 5357.402987 ] }, { "date": "2025-05-23", "close": 6024.5, "volume": 2640916, "typical_volume": 4014687.65, "trend": 5559.16499, "fair_value": 3168.906492, "relative_strength": 13.157728, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.143654, "energy": 53.53471, "activity_lines": [ 5950.459993, 5682.649982, 5251.369013, 5388.979224 ] }, { "date": "2025-05-30", "close": 5980.0, "volume": 985256, "typical_volume": 3926022.2, "trend": 5574.75332, "fair_value": 3190.202655, "relative_strength": 11.870901, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.130535, "energy": 45.959192, "activity_lines": [ 5991.566667, 5783.323624, 5328.339016, 5416.12987 ] }, { "date": "2025-06-06", "close": 5731.5, "volume": 2533098, "typical_volume": 3854888.2, "trend": 5580.993327, "fair_value": 3209.310154, "relative_strength": 5.332642, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.313767, "energy": 28.935436, "activity_lines": [ 5922.766667, 5818.23908, 5384.939258, 5426.242559 ] }, { "date": "2025-06-13", "close": 5475.5, "volume": 1714596, "typical_volume": 3677869.1, "trend": 5578.904997, "fair_value": 3226.222018, "relative_strength": 1.252053, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.829115, "energy": 16.643929, "activity_lines": [ 5770.333333, 5788.715447, 5421.198547, 5419.436538 ] }, { "date": "2025-06-20", "close": 5864.5, "volume": 3907727, "typical_volume": 3294606.0, "trend": 5579.22666, "fair_value": 3245.764818, "relative_strength": 6.115504, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 16.01915, "energy": 14.286962, "activity_lines": [ 5760.233333, 5814.905451, 5495.234026, 5437.862022 ] }, { "date": "2025-06-27", "close": 5867.5, "volume": 2155993, "typical_volume": 3099484.8, "trend": 5575.22832, "fair_value": 3265.042283, "relative_strength": 3.376377, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 14.47344, "energy": 12.20176, "activity_lines": [ 5777.666667, 5827.579998, 5564.449744, 5456.460302 ] }, { "date": "2025-07-04", "close": 6156.5, "volume": 3482671, "typical_volume": 2979787.7, "trend": 5572.688314, "fair_value": 3286.147813, "relative_strength": 8.584304, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 34.442967, "energy": 23.371887, "activity_lines": [ 5901.9, 5888.718182, 5653.625223, 5493.961701 ] }, { "date": "2025-07-11", "close": 5998.0, "volume": 1968852, "typical_volume": 2819633.75, "trend": 5547.55332, "fair_value": 3305.798916, "relative_strength": 6.459479, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": 30.380246, "energy": 38.669847, "activity_lines": [ 5961.533333, 5910.445455, 5717.476416, 5521.401165 ] }, { "date": "2025-07-18", "close": 5853.0, "volume": 1110291, "typical_volume": 2722671.15, "trend": 5499.198324, "fair_value": 3324.124104, "relative_strength": 3.968234, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.233828, "energy": 47.061869, "activity_lines": [ 5955.066667, 5901.427273, 5759.754753, 5541.107402 ] }, { "date": "2025-07-25", "close": 5693.5, "volume": 1062672, "typical_volume": 2624781.25, "trend": 5453.36665, "fair_value": 3341.048217, "relative_strength": 1.168661, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.388651, "energy": 35.881264, "activity_lines": [ 5870.266667, 5860.0, 5778.705232, 5553.642994 ] }, { "date": "2025-08-01", "close": 6371.5, "volume": 7296553, "typical_volume": 2751632.65, "trend": 5414.259977, "fair_value": 3362.540783, "relative_strength": 13.665065, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.212052, "energy": 45.508074, "activity_lines": [ 6022.866667, 5952.190909, 5856.339281, 5612.877404 ] }, { "date": "2025-08-08", "close": 5815.5, "volume": 3196426, "typical_volume": 2759195.05, "trend": 5385.698307, "fair_value": 3379.815144, "relative_strength": 4.053374, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.583909, "energy": 27.057187, "activity_lines": [ 5956.533333, 5936.981818, 5870.889521, 5638.763857 ] }, { "date": "2025-08-15", "close": 6116.5, "volume": 1781281, "typical_volume": 2692523.75, "trend": 5370.251644, "fair_value": 3398.9528, "relative_strength": 7.875363, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.403079, "energy": 33.477038, "activity_lines": [ 6013.266667, 5979.490909, 5909.500711, 5685.912353 ] }, { "date": "2025-08-22", "close": 6209.0, "volume": 1613116, "typical_volume": 2680886.15, "trend": 5389.601644, "fair_value": 3418.467017, "relative_strength": 8.039905, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.575328, "energy": 45.075546, "activity_lines": [ 6092.933333, 6031.818182, 5950.401665, 5740.02515 ] }, { "date": "2025-08-29", "close": 6123.0, "volume": 1326304, "typical_volume": 2597136.2, "trend": 5433.956641, "fair_value": 3437.118968, "relative_strength": 7.917347, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.241324, "energy": 33.854103, "activity_lines": [ 6120.2, 6055.172727, 5975.687142, 5787.341173 ] }, { "date": "2025-09-05", "close": 6841.5, "volume": 4019659, "typical_volume": 2620804.15, "trend": 5519.371647, "fair_value": 3460.436647, "relative_strength": 18.194713, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.843693, "energy": 67.370222, "activity_lines": [ 6358.333333, 6204.463636, 6064.487619, 5878.150422 ] }, { "date": "2025-09-12", "close": 7171.5, "volume": 2435433, "typical_volume": 2571145.0, "trend": 5624.808317, "fair_value": 3485.681976, "relative_strength": 21.30561, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.696588, "energy": 82.260627, "activity_lines": [ 6675.133333, 6396.045455, 6179.009524, 5984.739348 ] }, { "date": "2025-09-19", "close": 7151.5, "volume": 2471427, "typical_volume": 2593606.1, "trend": 5717.601644, "fair_value": 3510.451016, "relative_strength": 19.268541, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.419462, "energy": 85.560418, "activity_lines": [ 6894.866667, 6565.536364, 6284.019048, 6083.235586 ] }, { "date": "2025-09-26", "close": 7341.0, "volume": 2992488, "typical_volume": 2653980.55, "trend": 5824.163314, "fair_value": 3536.159399, "relative_strength": 24.898773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.599512, "energy": 87.925313, "activity_lines": [ 7108.766667, 6748.509091, 6400.435714, 6187.970964 ] }, { "date": "2025-10-03", "close": 7273.0, "volume": 1476565, "typical_volume": 2508566.2, "trend": 5918.02832, "fair_value": 3561.07167, "relative_strength": 21.664525, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.768285, "energy": 84.703565, "activity_lines": [ 7224.533333, 6892.063636, 6502.397619, 6281.444298 ] }, { "date": "2025-10-10", "close": 7102.0, "volume": 3114345, "typical_volume": 2532237.65, "trend": 6013.298324, "fair_value": 3584.521526, "relative_strength": 16.43544, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.445488, "energy": 65.99624, "activity_lines": [ 7206.633333, 6975.809091, 6583.261905, 6357.829568 ] }, { "date": "2025-10-17", "close": 7019.0, "volume": 3099829, "typical_volume": 2637966.3, "trend": 6085.654997, "fair_value": 3607.116779, "relative_strength": 12.74977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.995841, "energy": 51.421104, "activity_lines": [ 7143.7, 7031.181818, 6651.090476, 6422.713547 ] }, { "date": "2025-10-24", "close": 6689.0, "volume": 1023685, "typical_volume": 2562495.65, "trend": 6150.37666, "fair_value": 3627.259807, "relative_strength": 6.753811, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.469779, "energy": 34.941078, "activity_lines": [ 6980.933333, 7004.672727, 6682.542857, 6461.639031 ] }, { "date": "2025-10-31", "close": 6704.5, "volume": 2061409, "typical_volume": 2579836.3, "trend": 6218.868327, "fair_value": 3647.241886, "relative_strength": 7.018304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.410645, "energy": 25.244202, "activity_lines": [ 6854.166667, 6970.572727, 6710.911905, 6497.388924 ] }, { "date": "2025-11-07", "close": 6225.0, "volume": 2795858, "typical_volume": 2524242.85, "trend": 6256.66333, "fair_value": 3663.872583, "relative_strength": 0.144744, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.031794, "energy": 19.397607, "activity_lines": [ 6610.0, 6840.281818, 6687.761905, 6497.784516 ] }, { "date": "2025-11-14", "close": 6332.0, "volume": 1909440, "typical_volume": 2511915.2, "trend": 6279.629997, "fair_value": 3680.975964, "relative_strength": 0.152265, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.402417, "energy": 21.825371, "activity_lines": [ 6471.366667, 6727.590909, 6673.085714, 6502.644946 ] }, { "date": "2025-11-21", "close": 5883.5, "volume": 5013523, "typical_volume": 2588457.8, "trend": 6289.95, "fair_value": 3713.914105, "relative_strength": -7.365794, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.208208, "energy": 34.949494, "activity_lines": [ 6234.566667, 6542.618182, 6613.483333, 6477.088172 ] }, { "date": "2025-11-28", "close": 5490.0, "volume": 4777039, "typical_volume": 2728867.15, "trend": 6281.05, "fair_value": 3744.361541, "relative_strength": -13.743206, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -43.53702, "energy": 50.770953, "activity_lines": [ 5942.3, 6309.518182, 6517.704762, 6425.478495 ] }, { "date": "2025-12-05", "close": 4353.5, "volume": 13092992, "typical_volume": 3328002.2, "trend": 6237.316667, "fair_value": 3767.607374, "relative_strength": -31.085435, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -57.891495, "energy": 78.734206, "activity_lines": [ 5351.133333, 5899.990909, 6316.107143, 6301.12043 ] }, { "date": "2025-12-12", "close": 4265.5, "volume": 61042872, "typical_volume": 6327012.2, "trend": 6170.75, "fair_value": 3790.42949, "relative_strength": -31.522656, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -63.507036, "energy": 86.251399, "activity_lines": [ 4887.366667, 5528.781818, 6113.269048, 6173.906452 ] }, { "date": "2025-12-19", "close": 4185.0, "volume": 15055447, "typical_volume": 6714956.9, "trend": 6109.433333, "fair_value": 3812.895836, "relative_strength": -31.792234, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.350325, "energy": 93.638479, "activity_lines": [ 4527.4, 5197.618182, 5909.564286, 6045.793548 ] }, { "date": "2025-12-26", "close": 4060.5, "volume": 4495976, "typical_volume": 6779934.4, "trend": 6045.45, "fair_value": 3834.1109, "relative_strength": -33.248743, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.932685, "energy": 92.284374, "activity_lines": [ 4269.066667, 4896.854545, 5704.414286, 5913.604301 ] }, { "date": "2026-01-02", "close": 3977.199951, "volume": 5562179, "typical_volume": 6968979.3, "trend": 5986.973332, "fair_value": 3854.768592, "relative_strength": -34.447988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.652552, "energy": 90.886703, "activity_lines": [ 4104.499984, 4634.736355, 5499.688091, 5780.168814 ] }, { "date": "2026-01-09", "close": 3659.5, "volume": 11587401, "typical_volume": 7467693.55, "trend": 5926.439998, "fair_value": 3873.352566, "relative_strength": -37.426034, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.186706, "energy": 92.74147, "activity_lines": [ 3934.886654, 4364.159992, 5274.8919, 5630.009244 ] }, { "date": "2026-01-16", "close": 3612.199951, "volume": 5973270, "typical_volume": 7700041.85, "trend": 5851.36333, "fair_value": 3891.439745, "relative_strength": -37.506687, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.416691, "energy": 89.990883, "activity_lines": [ 3795.773307, 4140.347257, 5057.73142, 5480.703435 ] }, { "date": "2026-01-23", "close": 3379.199951, "volume": 5782378, "typical_volume": 7788177.8, "trend": 5768.419995, "fair_value": 3908.201604, "relative_strength": -39.467517, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.224313, "energy": 88.00788, "activity_lines": [ 3622.546631, 3921.67634, 4830.336654, 5321.209023 ] }, { "date": "2026-01-30", "close": 3475.399902, "volume": 5596050, "typical_volume": 7946208.65, "trend": 5679.049992, "fair_value": 3925.164744, "relative_strength": -38.057043, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.487892, "energy": 77.795923, "activity_lines": [ 3535.106608, 3774.183598, 4628.590931, 5173.272243 ] }, { "date": "2026-02-06", "close": 3700.300049, "volume": 16617971, "typical_volume": 8653535.85, "trend": 5602.459993, "fair_value": 3943.509617, "relative_strength": -34.793313, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.730605, "energy": 66.849849, "activity_lines": [ 3561.639974, 3711.36543, 4465.864746, 5045.610956 ] }, { "date": "2026-02-13", "close": 3942.5, "volume": 13575233, "typical_volume": 9182673.1, "trend": 5538.77666, "fair_value": 3963.204168, "relative_strength": -29.795648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.102834, "energy": 63.439374, "activity_lines": [ 3687.36665, 3725.123615, 4342.639509, 4938.516763 ] }, { "date": "2026-02-20", "close": 3870.899902, "volume": 6213610, "typical_volume": 9419525.35, "trend": 5478.023324, "fair_value": 3982.099359, "relative_strength": -31.098864, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.609817, "energy": 54.838108, "activity_lines": [ 3770.359961, 3733.336328, 4228.778548, 4830.911811 ] }, { "date": "2026-02-27", "close": 3856.5, "volume": 5196499, "typical_volume": 9523633.05, "trend": 5394.18999, "fair_value": 4001.188783, "relative_strength": -30.075855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.607945, "energy": 48.400745, "activity_lines": [ 3831.306641, 3746.105424, 4129.746645, 4726.297403 ] }, { "date": "2026-03-06", "close": 3746.800049, "volume": 4726261, "typical_volume": 9604954.65, "trend": 5325.233325, "fair_value": 4019.073719, "relative_strength": -29.767884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.33429, "energy": 47.960987, "activity_lines": [ 3823.866667, 3744.901802, 4035.721889, 4620.014181 ] }, { "date": "2026-03-13", "close": 3475.600098, "volume": 6544674, "typical_volume": 9881004.1, "trend": 5237.203328, "fair_value": 4035.29295, "relative_strength": -30.955459, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.494539, "energy": 59.743503, "activity_lines": [ 3707.933366, 3700.092734, 3931.450471, 4500.683005 ] }, { "date": "2026-03-20", "close": 3620.600098, "volume": 5692112, "typical_volume": 10062539.25, "trend": 5150.923332, "fair_value": 4052.450322, "relative_strength": -27.634694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.491561, "energy": 60.533446, "activity_lines": [ 3655.313395, 3690.767299, 3856.290481, 4396.386023 ] }, { "date": "2026-03-27", "close": 3612.600098, "volume": 7290568, "typical_volume": 10287274.75, "trend": 5067.243335, "fair_value": 4069.436221, "relative_strength": -26.577469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.402957, "energy": 58.624831, "activity_lines": [ 3621.486752, 3680.694589, 3795.053824, 4297.139362 ] }, { "date": "2026-04-03", "close": 3538.0, "volume": 5011560, "typical_volume": 10442380.75, "trend": 4957.126668, "fair_value": 4085.933656, "relative_strength": -27.450824, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.4994, "energy": 57.727754, "activity_lines": [ 3580.013395, 3657.05095, 3739.152395, 4198.478502 ] }, { "date": "2026-04-10", "close": 3896.300049, "volume": 8260959, "typical_volume": 10604752.55, "trend": 4847.953337, "fair_value": 4104.789426, "relative_strength": -24.132225, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.512481, "energy": 44.293801, "activity_lines": [ 3679.206722, 3695.665501, 3730.679542, 4130.038075 ] }, { "date": "2026-04-17", "close": 4214.399902, "volume": 6049388, "typical_volume": 10668370.0, "trend": 4750.05, "fair_value": 4125.75449, "relative_strength": -18.4927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.298364, "energy": 16.73043, "activity_lines": [ 3874.466667, 3784.463659, 3761.964771, 4089.16366 ] }, { "date": "2026-04-24", "close": 4266.799805, "volume": 6469857, "typical_volume": 10337213.25, "trend": 4647.57666, "fair_value": 4146.775963, "relative_strength": -15.497929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.307204, "energy": 14.369174, "activity_lines": [ 4037.939925, 3873.441801, 3804.314752, 4057.986228 ] }, { "date": "2026-05-01", "close": 4044.399902, "volume": 4185383, "typical_volume": 7494338.8, "trend": 4539.956657, "fair_value": 4166.297757, "relative_strength": -19.7387, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.209035, "energy": 21.687056, "activity_lines": [ 4084.199902, 3916.087238, 3825.896648, 4019.071598 ] }, { "date": "2026-05-08", "close": 4507.5, "volume": 4609364, "typical_volume": 6972034.65, "trend": 4453.473324, "fair_value": 4188.661539, "relative_strength": -10.804594, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 15.787791, "energy": 30.671851, "activity_lines": [ 4256.039925, 4039.778147, 3892.636174, 4016.97762 ] }, { "date": "2026-05-15", "close": 3271.899902, "volume": 23204232, "typical_volume": 7907447.45, "trend": 4328.569987, "fair_value": 4202.027564, "relative_strength": -33.107565, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.582919, "energy": 17.289693, "activity_lines": [ 3951.379915, 3926.978129, 3840.163785, 3940.747077 ] }, { "date": "2026-05-22", "close": 3321.399902, "volume": 10533685, "typical_volume": 8156022.75, "trend": 4216.31665, "fair_value": 4214.836858, "relative_strength": -31.66223, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.005072, "energy": 30.503154, "activity_lines": [ 3704.846582, 3831.81266, 3796.16092, 3875.768362 ] }, { "date": "2026-05-29", "close": 3133.600098, "volume": 6699340, "typical_volume": 7911619.7, "trend": 4097.286654, "fair_value": 4225.942307, "relative_strength": -34.388174, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.971674, "energy": 50.524407, "activity_lines": [ 3455.246647, 3705.305411, 3737.395217, 3805.915681 ] }, { "date": "2026-06-05", "close": 3121.800049, "volume": 756455, "typical_volume": 7650778.95, "trend": 3993.846655, "fair_value": 4236.374038, "relative_strength": -33.526033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.412405, "energy": 58.936307, "activity_lines": [ 3277.26001, 3585.507244, 3680.009985, 3742.981062 ] }, { "date": "2026-06-12", "close": 3076.899902, "volume": 640605, "typical_volume": 7393690.3, "trend": 3885.343319, "fair_value": 4246.083973, "relative_strength": -34.621776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.868707, "energy": 76.051021, "activity_lines": [ 3145.813314, 3466.469052, 3620.683787, 3683.823206 ] }, { "date": "2026-06-19", "close": 3253.100098, "volume": 1012288, "typical_volume": 7164502.2, "trend": 3797.663322, "fair_value": 4257.327564, "relative_strength": -31.351275, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.072824, "energy": 70.608293, "activity_lines": [ 3168.473356, 3387.850897, 3579.578083, 3643.033321 ] }, { "date": "2026-06-26", "close": 3264.699951, "volume": 0, "typical_volume": 6333603.65, "trend": 3723.486654, "fair_value": 4268.605128, "relative_strength": -30.59938, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.620865, "energy": 59.478088, "activity_lines": [ 3196.253337, 3323.03635, 3540.635698, 3608.648588 ] }, { "date": "2026-07-03", "close": 3333.800049, "volume": 2592315, "typical_volume": 5784457.75, "trend": 3689.496655, "fair_value": 4279.682692, "relative_strength": -29.028851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.377937, "energy": 39.934093, "activity_lines": [ 3250.84668, 3288.05273, 3510.348561, 3583.507516 ] }, { "date": "2026-07-10", "close": 3336.100098, "volume": 7672907, "typical_volume": 5857422.6, "trend": 3658.516659, "fair_value": 4289.690065, "relative_strength": -28.072758, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.709063, "energy": 28.741242, "activity_lines": [ 3292.860042, 3270.450932, 3483.179047, 3560.707738 ] }, { "date": "2026-07-17", "close": 3385.800049, "volume": 4250554, "typical_volume": 5810125.35, "trend": 3631.87666, "fair_value": 4299.861219, "relative_strength": -26.682264, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.194927, "energy": 24.580866, "activity_lines": [ 3337.153386, 3274.763668, 3463.289528, 3543.113119 ] }, { "date": "2026-07-24", "close": 3176.199951, "volume": 2986513, "typical_volume": 5723137.95, "trend": 3602.399992, "fair_value": 4308.765386, "relative_strength": -28.891811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.78094, "energy": 27.084183, "activity_lines": [ 3290.986686, 3261.361839, 3425.679522, 3513.714621 ] }, { "date": "2026-07-31", "close": 3804.600098, "volume": 12570521, "typical_volume": 6024430.3, "trend": 3596.646663, "fair_value": 4321.575001, "relative_strength": -16.088328, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.086537, "energy": 11.998481, "activity_lines": [ 3459.413379, 3363.954581, 3450.634294, 3526.759789 ] }, { "date": "2026-08-07", "close": 3856.300049, "volume": 5319217, "typical_volume": 6005785.55, "trend": 3603.206665, "fair_value": 4335.19263, "relative_strength": -14.875839, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.473124, "energy": 20.038665, "activity_lines": [ 3609.080046, 3467.161856, 3478.946203, 3543.511621 ] } ], "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." } } }