{ "ticker": { "uuid": "dac79256-e905-4171-921b-8e1dcb842dae", "symbol": "GFLLIMITED", "name": "GFL 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": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 34.299, "architecture_energy": 31.743, "architecture_maturity": 31.383, "architecture_confidence": 49.643, "architecture_tenure": "Developing", "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": 45.86, "rotation_up": 45.46, "upward_expansion": 43.66, "deceleration": 33.45, "rotation_down": 30.45, "downward_expansion": 24.99 }, "activity_lines": [ 47.598666, 46.969091, 46.82781, 46.396882 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 50.77, "trend_reference": 46.480334, "distance_from_trend": 0.09229, "trend_direction": "Weakening", "fair_value": 70.500192, "distance_from_fair_value": -0.27986, "fair_value_direction": "Improving", "relative_strength": -2.700839, "relative_strength_direction": "Improving", "price_momentum": 0.071097, "excess_performance": 0.114806, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.09229, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.085363, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.27986, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.011436, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.027008, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.048818, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.071097, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.612809, "read": "Demand-led" } ], "volume": { "latest": 449863, "relative_activity": 1.659889, "balance": 2.612809, "dry_up": 0.960139, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.063544, "annualized_volatility": 0.332182, "from_high_reference": -0.37321, "from_low_reference": 0.362953 }, "levels": { "trend_reference": 46.480334, "fair_value_reference": 70.500192, "structural_low": 37.25, "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": 20, "median_return": -0.019076, "positive_rate": 0.35, "directional_follow_through": 0.35, "median_excess_return": -0.035534, "regime_survival": 0.6, "best_return": 0.42132, "worst_return": -0.111488, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.069298, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.085294, "regime_survival": 0.222222, "best_return": 0.567568, "worst_return": -0.327181, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.100199, "positive_rate": 0.142857, "directional_follow_through": 0.142857, "median_excess_return": -0.122692, "regime_survival": 0.571429, "best_return": 0.689625, "worst_return": -0.181401, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.177732, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.22837, "regime_survival": 0.5, "best_return": 0.285963, "worst_return": -0.283927, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-22", "end": "2024-01-26", "tenure": "Developing", "return": -0.075038, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-02-02", "end": "2024-02-23", "tenure": "New", "return": -0.07139, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-03-01", "end": "2024-03-15", "tenure": "New", "return": -0.135039, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-22", "end": "2024-07-05", "tenure": "Established", "return": 0.107371, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-12", "end": "2024-09-13", "tenure": "Developing", "return": 0.084599, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-20", "end": "2025-01-03", "tenure": "Established", "return": 0.080458, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-10", "end": "2025-01-17", "tenure": "New", "return": -0.016573, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-24", "end": "2025-02-14", "tenure": "New", "return": -0.131529, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2025-06-06", "tenure": "Established", "return": -0.029335, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-10-24", "tenure": "Established", "return": 0.121003, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-11-14", "tenure": "New", "return": -0.036551, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2026-01-09", "tenure": "Developing", "return": -0.081139, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-16", "end": "2026-05-15", "tenure": "Established", "return": -0.155284, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": 0.108757, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 71.349998, "volume": 672119, "typical_volume": 827602.9, "trend": 57.681666, "fair_value": 68.624824, "relative_strength": 7.876952, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 79.297062, "energy": 78.664504, "activity_lines": [ 64.813331, 60.979089, 58.612142, 57.732365 ] }, { "date": "2023-08-25", "close": 81.0, "volume": 1516130, "typical_volume": 891144.05, "trend": 58.318333, "fair_value": 68.613451, "relative_strength": 22.679525, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.324398, "energy": 92.740771, "activity_lines": [ 71.233332, 65.010908, 60.89119, 59.236774 ] }, { "date": "2023-09-01", "close": 84.0, "volume": 2444178, "typical_volume": 1008093.2, "trend": 59.015, "fair_value": 68.6768, "relative_strength": 25.901953, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.564073, "energy": 94.891821, "activity_lines": [ 76.923333, 69.140908, 63.329999, 60.893655 ] }, { "date": "2023-09-08", "close": 89.900002, "volume": 1476685, "typical_volume": 1065919.95, "trend": 59.905, "fair_value": 68.805187, "relative_strength": 31.848865, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.48032, "energy": 95.685783, "activity_lines": [ 82.636667, 73.816363, 66.180714, 62.886236 ] }, { "date": "2023-09-15", "close": 82.25, "volume": 802119, "typical_volume": 1092549.45, "trend": 60.57, "fair_value": 68.876079, "relative_strength": 18.561078, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.010864, "energy": 87.766424, "activity_lines": [ 83.746667, 76.481818, 68.134761, 64.327849 ] }, { "date": "2023-09-22", "close": 89.400002, "volume": 1390930, "typical_volume": 1127866.95, "trend": 61.525, "fair_value": 69.023193, "relative_strength": 31.884756, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.617435, "energy": 85.022248, "activity_lines": [ 86.313334, 79.993636, 70.629524, 66.187849 ] }, { "date": "2023-09-29", "close": 86.849998, "volume": 727052, "typical_volume": 1153875.3, "trend": 62.43, "fair_value": 69.062796, "relative_strength": 28.121141, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.068233, "energy": 65.579798, "activity_lines": [ 86.826667, 82.416363, 72.729285, 67.82172 ] }, { "date": "2023-10-06", "close": 87.199997, "volume": 897354, "typical_volume": 1187271.1, "trend": 63.343333, "fair_value": 69.135031, "relative_strength": 28.274943, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.846882, "energy": 60.149417, "activity_lines": [ 87.066666, 84.324545, 74.724523, 69.419784 ] }, { "date": "2023-10-13", "close": 108.949997, "volume": 4778805, "typical_volume": 1417185.9, "trend": 65.083333, "fair_value": 69.380248, "relative_strength": 58.082418, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.112289, "energy": 72.240533, "activity_lines": [ 94.343331, 89.59909, 78.63619, 72.36215 ] }, { "date": "2023-10-20", "close": 102.449997, "volume": 4525590, "typical_volume": 1624323.9, "trend": 66.699999, "fair_value": 69.598068, "relative_strength": 49.121568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.994522, "energy": 65.292605, "activity_lines": [ 98.183331, 92.785453, 81.672856, 74.772902 ] }, { "date": "2023-10-27", "close": 93.949997, "volume": 1126876, "typical_volume": 1627027.65, "trend": 68.244999, "fair_value": 69.780955, "relative_strength": 39.425624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.994942, "energy": 57.44134, "activity_lines": [ 97.84333, 93.806362, 83.679522, 76.530967 ] }, { "date": "2023-11-03", "close": 99.550003, "volume": 2059591, "typical_volume": 1634847.95, "trend": 69.745, "fair_value": 69.994454, "relative_strength": 45.206427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.418964, "energy": 55.999039, "activity_lines": [ 99.066666, 95.434544, 86.045237, 78.550644 ] }, { "date": "2023-11-10", "close": 97.650002, "volume": 931532, "typical_volume": 1651055.8, "trend": 71.25, "fair_value": 70.195774, "relative_strength": 39.92143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.9961, "energy": 49.637185, "activity_lines": [ 98.81, 96.379999, 88.024523, 80.350967 ] }, { "date": "2023-11-17", "close": 98.400002, "volume": 517622, "typical_volume": 1662615.25, "trend": 72.71, "fair_value": 70.40428, "relative_strength": 37.729197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.165457, "energy": 43.573925, "activity_lines": [ 98.106668, 97.213636, 89.872142, 82.10258 ] }, { "date": "2023-11-24", "close": 97.650002, "volume": 560328, "typical_volume": 1655329.25, "trend": 74.205, "fair_value": 70.590273, "relative_strength": 35.322067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.622308, "energy": 41.462458, "activity_lines": [ 97.856668, 97.756364, 91.445714, 83.711613 ] }, { "date": "2023-12-01", "close": 97.550003, "volume": 533866, "typical_volume": 1637106.35, "trend": 75.541667, "fair_value": 70.753429, "relative_strength": 31.204178, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.960843, "energy": 35.10365, "activity_lines": [ 97.893336, 98.00091, 92.817619, 85.217742 ] }, { "date": "2023-12-08", "close": 96.900002, "volume": 1723622, "typical_volume": 1690569.0, "trend": 76.841667, "fair_value": 70.92061, "relative_strength": 25.255561, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.317857, "energy": 32.222934, "activity_lines": [ 97.473336, 97.979092, 93.925, 86.595699 ] }, { "date": "2023-12-15", "close": 100.25, "volume": 917751, "typical_volume": 1706179.7, "trend": 78.361666, "fair_value": 71.079142, "relative_strength": 25.9404, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.135622, "energy": 33.269524, "activity_lines": [ 98.346668, 98.383638, 95.152143, 88.105914 ] }, { "date": "2023-12-22", "close": 99.949997, "volume": 822289, "typical_volume": 1659498.45, "trend": 79.853333, "fair_value": 71.260853, "relative_strength": 25.387076, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.82706, "energy": 35.295476, "activity_lines": [ 98.946667, 98.496364, 96.134524, 89.49871 ] }, { "date": "2023-12-29", "close": 97.199997, "volume": 475764, "typical_volume": 1445010.15, "trend": 81.221666, "fair_value": 71.404325, "relative_strength": 19.278635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.260586, "energy": 30.704641, "activity_lines": [ 98.526665, 98.272727, 96.660476, 90.617849 ] }, { "date": "2024-01-05", "close": 99.550003, "volume": 1035448, "typical_volume": 1463176.6, "trend": 82.628333, "fair_value": 71.531152, "relative_strength": 21.68988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.521672, "energy": 31.224608, "activity_lines": [ 98.92, 98.571819, 97.272857, 91.800323 ] }, { "date": "2024-01-12", "close": 98.699997, "volume": 476554, "typical_volume": 1411197.8, "trend": 84.038333, "fair_value": 71.671821, "relative_strength": 19.110221, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.480643, "energy": 29.580691, "activity_lines": [ 98.896665, 98.614545, 97.67, 92.837204 ] }, { "date": "2024-01-19", "close": 94.75, "volume": 621100, "typical_volume": 1320043.9, "trend": 85.363333, "fair_value": 71.799059, "relative_strength": 15.280653, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.824417, "energy": 20.505348, "activity_lines": [ 97.436666, 97.954545, 97.606667, 93.528279 ] }, { "date": "2024-01-26", "close": 92.449997, "volume": 324250, "typical_volume": 1262422.15, "trend": 86.583333, "fair_value": 71.923974, "relative_strength": 13.436684, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.884872, "energy": 9.593894, "activity_lines": [ 95.576665, 96.92909, 97.273095, 93.985483 ] }, { "date": "2024-02-02", "close": 93.849998, "volume": 827340, "typical_volume": 1263683.2, "trend": 87.801666, "fair_value": 72.071867, "relative_strength": 12.084182, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.697459, "energy": 11.832684, "activity_lines": [ 94.683332, 96.266362, 97.060714, 94.454301 ] }, { "date": "2024-02-09", "close": 91.5, "volume": 2093479, "typical_volume": 1298810.65, "trend": 89.018333, "fair_value": 72.181179, "relative_strength": 9.272608, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.437847, "energy": 13.027958, "activity_lines": [ 93.229999, 95.245453, 96.569285, 94.692903 ] }, { "date": "2024-02-16", "close": 86.900002, "volume": 714357, "typical_volume": 1298175.9, "trend": 90.08, "fair_value": 72.246999, "relative_strength": 2.322379, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -10.640807, "energy": 25.026973, "activity_lines": [ 90.78, 93.498181, 95.629762, 94.556236 ] }, { "date": "2024-02-23", "close": 87.150002, "volume": 769751, "typical_volume": 1291795.75, "trend": 91.156666, "fair_value": 72.305437, "relative_strength": 1.596412, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.138034, "energy": 39.478416, "activity_lines": [ 89.200001, 91.978182, 94.71381, 94.367204 ] }, { "date": "2024-03-01", "close": 84.050003, "volume": 426281, "typical_volume": 1074169.55, "trend": 91.988333, "fair_value": 72.344268, "relative_strength": -2.749232, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.201962, "energy": 53.983776, "activity_lines": [ 87.093335, 90.132728, 93.502857, 93.90871 ] }, { "date": "2024-03-08", "close": 82.0, "volume": 325854, "typical_volume": 864182.75, "trend": 92.443333, "fair_value": 72.406159, "relative_strength": -5.873002, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.933563, "energy": 62.080362, "activity_lines": [ 84.863335, 88.203637, 92.215238, 93.264301 ] }, { "date": "2024-03-15", "close": 72.699997, "volume": 1063517, "typical_volume": 861014.8, "trend": 92.488333, "fair_value": 72.368269, "relative_strength": -14.759207, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.072725, "energy": 80.981653, "activity_lines": [ 80.323333, 84.86, 90.139286, 91.990538 ] }, { "date": "2024-03-22", "close": 71.900002, "volume": 576160, "typical_volume": 786843.25, "trend": 92.185, "fair_value": 72.311538, "relative_strength": -16.006454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.564481, "energy": 85.642426, "activity_lines": [ 76.77, 81.859091, 88.088333, 90.662258 ] }, { "date": "2024-03-29", "close": 67.800003, "volume": 545867, "typical_volume": 767560.0, "trend": 91.645, "fair_value": 72.259295, "relative_strength": -21.727038, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.067609, "energy": 90.385856, "activity_lines": [ 72.850001, 78.600001, 85.778572, 89.089033 ] }, { "date": "2024-04-05", "close": 77.900002, "volume": 864197, "typical_volume": 784888.75, "trend": 91.245, "fair_value": 72.285577, "relative_strength": -10.972197, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.18245, "energy": 78.718927, "activity_lines": [ 73.586668, 77.667274, 84.572858, 88.202258 ] }, { "date": "2024-04-12", "close": 76.699997, "volume": 357505, "typical_volume": 774747.6, "trend": 91.06, "fair_value": 72.330769, "relative_strength": -12.565316, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.2363, "energy": 62.168387, "activity_lines": [ 74.333334, 76.78091, 83.350476, 87.263871 ] }, { "date": "2024-04-19", "close": 79.349998, "volume": 591655, "typical_volume": 777637.05, "trend": 90.725, "fair_value": 72.383013, "relative_strength": -8.243048, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.476894, "energy": 45.144342, "activity_lines": [ 76.316666, 76.688182, 82.480238, 86.508387 ] }, { "date": "2024-04-26", "close": 83.199997, "volume": 937299, "typical_volume": 738320.9, "trend": 90.603333, "fair_value": 72.466987, "relative_strength": -5.329855, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.66386, "energy": 25.249706, "activity_lines": [ 79.139998, 77.516363, 82.063333, 86.022903 ] }, { "date": "2024-05-03", "close": 82.349998, "volume": 318293, "typical_volume": 708348.0, "trend": 90.441667, "fair_value": 72.541026, "relative_strength": -6.751712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.333386, "energy": 22.708658, "activity_lines": [ 80.926665, 78.257272, 81.630714, 85.49043 ] }, { "date": "2024-05-10", "close": 77.400002, "volume": 554119, "typical_volume": 694939.5, "trend": 89.39, "fair_value": 72.58782, "relative_strength": -10.837073, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.668037, "energy": 22.894567, "activity_lines": [ 80.093332, 78.185454, 80.811905, 84.649032 ] }, { "date": "2024-05-17", "close": 75.449997, "volume": 377413, "typical_volume": 690021.95, "trend": 88.49, "fair_value": 72.609615, "relative_strength": -14.821364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.785548, "energy": 25.647432, "activity_lines": [ 78.643332, 77.879999, 79.914761, 83.749677 ] }, { "date": "2024-05-24", "close": 73.550003, "volume": 302704, "typical_volume": 653384.75, "trend": 87.81, "fair_value": 72.587179, "relative_strength": -18.829313, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.594424, "energy": 39.509234, "activity_lines": [ 76.643333, 77.348181, 78.940238, 82.785806 ] }, { "date": "2024-05-31", "close": 69.650002, "volume": 554093, "typical_volume": 657261.7, "trend": 86.813333, "fair_value": 72.526602, "relative_strength": -21.702249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.033296, "energy": 59.339092, "activity_lines": [ 73.730001, 76.091818, 77.718095, 81.614194 ] }, { "date": "2024-06-07", "close": 73.75, "volume": 549574, "typical_volume": 653685.4, "trend": 86.016667, "fair_value": 72.511218, "relative_strength": -19.826773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.127231, "energy": 52.949529, "activity_lines": [ 73.086668, 75.621818, 77.024762, 80.771398 ] }, { "date": "2024-06-14", "close": 74.220001, "volume": 504104, "typical_volume": 662678.1, "trend": 85.210667, "fair_value": 72.521923, "relative_strength": -19.984192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.2728, "energy": 54.594825, "activity_lines": [ 73.173334, 75.129091, 76.476191, 80.010323 ] }, { "date": "2024-06-21", "close": 76.620003, "volume": 761734, "typical_volume": 659397.8, "trend": 84.509667, "fair_value": 72.566923, "relative_strength": -17.64722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.132468, "energy": 36.871218, "activity_lines": [ 74.272002, 75.139637, 76.243, 79.456086 ] }, { "date": "2024-06-28", "close": 79.75, "volume": 2633010, "typical_volume": 686374.35, "trend": 83.916333, "fair_value": 72.64641, "relative_strength": -16.269071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.443795, "energy": 17.064423, "activity_lines": [ 76.336001, 75.720728, 76.389953, 79.149011 ] }, { "date": "2024-07-05", "close": 79.620003, "volume": 535898, "typical_volume": 677451.4, "trend": 83.340333, "fair_value": 72.718974, "relative_strength": -17.60566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.791254, "energy": 15.295706, "activity_lines": [ 77.943335, 76.27091, 76.580477, 78.871828 ] }, { "date": "2024-07-12", "close": 78.370003, "volume": 521463, "typical_volume": 665037.0, "trend": 82.611, "fair_value": 72.788013, "relative_strength": -19.640032, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.410233, "energy": 16.492469, "activity_lines": [ 78.469336, 76.658911, 76.68662, 78.551162 ] }, { "date": "2024-07-19", "close": 75.32, "volume": 369383, "typical_volume": 662192.1, "trend": 81.79, "fair_value": 72.83109, "relative_strength": -22.963096, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.690146, "energy": 13.360372, "activity_lines": [ 77.670668, 76.564729, 76.544096, 78.080775 ] }, { "date": "2024-07-26", "close": 76.169998, "volume": 573509, "typical_volume": 674574.85, "trend": 81.089, "fair_value": 72.8325, "relative_strength": -23.149231, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.819468, "energy": 9.043483, "activity_lines": [ 77.082, 76.66291, 76.524096, 77.718194 ] }, { "date": "2024-08-02", "close": 77.639999, "volume": 529894, "typical_volume": 647893.7, "trend": 80.358667, "fair_value": 72.874744, "relative_strength": -21.337634, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.144035, "energy": 11.983666, "activity_lines": [ 77.013333, 77.015273, 76.671858, 77.495678 ] }, { "date": "2024-08-09", "close": 74.599998, "volume": 471137, "typical_volume": 642642.55, "trend": 79.555334, "fair_value": 72.91, "relative_strength": -23.162462, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.340487, "energy": 19.202594, "activity_lines": [ 76.071999, 76.740545, 76.506572, 77.124151 ] }, { "date": "2024-08-16", "close": 74.970001, "volume": 301572, "typical_volume": 630427.8, "trend": 78.896, "fair_value": 72.978397, "relative_strength": -23.090145, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.107391, "energy": 19.046077, "activity_lines": [ 75.588666, 76.443091, 76.363667, 76.828323 ] }, { "date": "2024-08-23", "close": 79.190002, "volume": 828296, "typical_volume": 628632.75, "trend": 78.454, "fair_value": 73.052692, "relative_strength": -19.287543, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.74748, "energy": 9.059868, "activity_lines": [ 76.738667, 76.890728, 76.588524, 76.847291 ] }, { "date": "2024-08-30", "close": 81.43, "volume": 1280358, "typical_volume": 674775.4, "trend": 78.04, "fair_value": 73.157051, "relative_strength": -17.924544, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.845131, "energy": 11.635844, "activity_lines": [ 78.377334, 77.655273, 77.020572, 77.039291 ] }, { "date": "2024-09-06", "close": 80.580002, "volume": 703885, "typical_volume": 680386.9, "trend": 77.676001, "fair_value": 73.254679, "relative_strength": -17.002028, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.103183, "energy": 24.122792, "activity_lines": [ 79.382001, 78.177819, 77.349144, 77.203162 ] }, { "date": "2024-09-13", "close": 85.0, "volume": 956678, "typical_volume": 681355.85, "trend": 77.612667, "fair_value": 73.344103, "relative_strength": -13.885114, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 62.320435, "energy": 52.67222, "activity_lines": [ 81.664001, 79.488909, 78.09281, 77.675678 ] }, { "date": "2024-09-20", "close": 82.900002, "volume": 1763332, "typical_volume": 753607.8, "trend": 77.471, "fair_value": 73.401474, "relative_strength": -16.881418, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.602722, "energy": 54.497146, "activity_lines": [ 82.552668, 80.320364, 78.627905, 78.016796 ] }, { "date": "2024-09-27", "close": 84.690002, "volume": 832293, "typical_volume": 767516.5, "trend": 77.492334, "fair_value": 73.454615, "relative_strength": -15.848289, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.597764, "energy": 57.777719, "activity_lines": [ 83.509335, 81.39491, 79.330858, 78.482538 ] }, { "date": "2024-10-04", "close": 87.730003, "volume": 1424692, "typical_volume": 819880.45, "trend": 77.683334, "fair_value": 73.497115, "relative_strength": -8.343737, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.595794, "energy": 61.638904, "activity_lines": [ 85.112669, 82.85182, 80.28862, 79.143033 ] }, { "date": "2024-10-11", "close": 88.300003, "volume": 1249234, "typical_volume": 867206.95, "trend": 78.203334, "fair_value": 73.539103, "relative_strength": -6.633493, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.405214, "energy": 54.650116, "activity_lines": [ 86.486002, 84.202184, 81.242192, 79.827979 ] }, { "date": "2024-10-18", "close": 99.449997, "volume": 4573941, "typical_volume": 1068199.35, "trend": 79.121667, "fair_value": 73.669231, "relative_strength": 6.292132, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.384583, "energy": 73.016707, "activity_lines": [ 91.061334, 87.386001, 83.187429, 81.198732 ] }, { "date": "2024-10-25", "close": 100.900002, "volume": 12726309, "typical_volume": 1677036.1, "trend": 80.225001, "fair_value": 73.819231, "relative_strength": 11.276342, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.129019, "energy": 72.187204, "activity_lines": [ 95.156668, 90.381638, 85.128858, 82.603786 ] }, { "date": "2024-11-01", "close": 93.150002, "volume": 560839, "typical_volume": 1679872.85, "trend": 80.733334, "fair_value": 73.905128, "relative_strength": 2.916487, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.641598, "energy": 58.961383, "activity_lines": [ 95.468668, 91.496729, 86.202906, 83.437657 ] }, { "date": "2024-11-08", "close": 92.790001, "volume": 397992, "typical_volume": 1661685.75, "trend": 81.269667, "fair_value": 73.98968, "relative_strength": 3.816632, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.302629, "energy": 50.761231, "activity_lines": [ 95.096668, 92.292547, 87.152525, 84.215506 ] }, { "date": "2024-11-15", "close": 94.599998, "volume": 1875894, "typical_volume": 1623829.95, "trend": 81.778001, "fair_value": 74.107308, "relative_strength": 9.158424, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.350594, "energy": 36.899516, "activity_lines": [ 94.990667, 93.21091, 88.197525, 85.075528 ] }, { "date": "2024-11-22", "close": 97.199997, "volume": 1553562, "typical_volume": 1674713.15, "trend": 82.244667, "fair_value": 74.25218, "relative_strength": 10.903739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.100643, "energy": 32.202448, "activity_lines": [ 95.331332, 94.347091, 89.419429, 86.070495 ] }, { "date": "2024-11-29", "close": 97.68, "volume": 692243, "typical_volume": 1683252.15, "trend": 82.755667, "fair_value": 74.391474, "relative_strength": 10.862519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.015355, "energy": 32.545117, "activity_lines": [ 95.981999, 95.348727, 90.603334, 87.066323 ] }, { "date": "2024-12-06", "close": 97.139999, "volume": 953176, "typical_volume": 1712441.8, "trend": 83.413667, "fair_value": 74.516731, "relative_strength": 8.197397, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.52094, "energy": 31.897026, "activity_lines": [ 96.667332, 95.983454, 91.643857, 87.994345 ] }, { "date": "2024-12-13", "close": 98.650002, "volume": 1032264, "typical_volume": 1735379.55, "trend": 84.187001, "fair_value": 74.683398, "relative_strength": 9.878149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.018108, "energy": 33.286554, "activity_lines": [ 97.59, 96.666364, 92.724286, 88.977334 ] }, { "date": "2024-12-20", "close": 91.389999, "volume": 581213, "typical_volume": 1737945.5, "trend": 84.781667, "fair_value": 74.814103, "relative_strength": 7.347231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.789282, "energy": 23.793582, "activity_lines": [ 95.702, 95.830727, 93.006238, 89.442043 ] }, { "date": "2024-12-27", "close": 88.330002, "volume": 289605, "typical_volume": 1728868.9, "trend": 85.404334, "fair_value": 74.915577, "relative_strength": 3.1885, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.068337, "energy": 15.051828, "activity_lines": [ 93.008001, 94.382546, 92.931286, 89.670968 ] }, { "date": "2025-01-03", "close": 89.57, "volume": 396058, "typical_volume": 1733593.2, "trend": 85.931667, "fair_value": 75.023077, "relative_strength": 4.279379, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.569078, "energy": 14.874884, "activity_lines": [ 91.318667, 93.362, 92.909048, 89.939721 ] }, { "date": "2025-01-10", "close": 79.650002, "volume": 510492, "typical_volume": 1717703.0, "trend": 86.112667, "fair_value": 75.070833, "relative_strength": -4.431609, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.516165, "energy": 14.316503, "activity_lines": [ 86.863334, 90.743819, 91.872524, 89.534452 ] }, { "date": "2025-01-17", "close": 78.330002, "volume": 368348, "typical_volume": 1672102.5, "trend": 86.169667, "fair_value": 75.13641, "relative_strength": -4.571539, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.720805, "energy": 33.413354, "activity_lines": [ 83.134001, 88.131092, 90.708096, 89.032345 ] }, { "date": "2025-01-24", "close": 73.139999, "volume": 220535, "typical_volume": 1647935.0, "trend": 85.949334, "fair_value": 75.170321, "relative_strength": -9.896786, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.127879, "energy": 55.607813, "activity_lines": [ 79.029334, 84.837637, 89.064143, 88.191721 ] }, { "date": "2025-01-31", "close": 74.160004, "volume": 283492, "typical_volume": 1614275.7, "trend": 85.767334, "fair_value": 75.200833, "relative_strength": -9.694559, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.126252, "energy": 60.427451, "activity_lines": [ 76.481335, 82.119819, 87.552763, 87.431119 ] }, { "date": "2025-02-07", "close": 70.769997, "volume": 338103, "typical_volume": 1543014.25, "trend": 85.514, "fair_value": 75.204487, "relative_strength": -13.440872, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.411688, "energy": 65.826896, "activity_lines": [ 73.748, 79.204546, 85.770143, 86.463549 ] }, { "date": "2025-02-14", "close": 63.52, "volume": 392982, "typical_volume": 1521048.7, "trend": 85.120667, "fair_value": 75.175769, "relative_strength": -19.649313, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.844663, "energy": 83.273893, "activity_lines": [ 69.851333, 75.460364, 83.35481, 85.044581 ] }, { "date": "2025-02-21", "close": 64.769997, "volume": 349209, "typical_volume": 1467274.55, "trend": 84.740667, "fair_value": 75.194808, "relative_strength": -17.088379, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.386521, "energy": 84.62246, "activity_lines": [ 67.446666, 72.554727, 81.159333, 83.731635 ] }, { "date": "2025-02-28", "close": 59.299999, "volume": 169882, "typical_volume": 1413306.95, "trend": 84.129334, "fair_value": 75.180064, "relative_strength": -21.309693, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.821153, "energy": 88.06124, "activity_lines": [ 64.122665, 69.270545, 78.552238, 82.090301 ] }, { "date": "2025-03-07", "close": 58.959999, "volume": 458410, "typical_volume": 1207530.4, "trend": 83.608, "fair_value": 75.14968, "relative_strength": -22.795523, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.643656, "energy": 87.352555, "activity_lines": [ 61.607999, 66.507999, 76.050857, 80.466473 ] }, { "date": "2025-03-14", "close": 53.32, "volume": 384467, "typical_volume": 590438.3, "trend": 82.886334, "fair_value": 75.06359, "relative_strength": -29.327229, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.211409, "energy": 88.93022, "activity_lines": [ 58.226666, 63.253999, 73.205143, 78.512409 ] }, { "date": "2025-03-21", "close": 55.959999, "volume": 740150, "typical_volume": 599403.85, "trend": 82.112, "fair_value": 74.918462, "relative_strength": -28.505947, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.005129, "energy": 81.132181, "activity_lines": [ 56.888666, 61.13909, 70.837428, 76.775226 ] }, { "date": "2025-03-28", "close": 51.099998, "volume": 1252553, "typical_volume": 642131.9, "trend": 81.101, "fair_value": 74.713974, "relative_strength": -34.861132, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.111247, "energy": 78.801165, "activity_lines": [ 54.434666, 58.571272, 68.183952, 74.774451 ] }, { "date": "2025-04-04", "close": 54.060001, "volume": 388506, "typical_volume": 567762.5, "trend": 80.217, "fair_value": 74.551859, "relative_strength": -28.786287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.375641, "energy": 65.788295, "activity_lines": [ 53.878666, 57.036727, 66.010904, 73.029871 ] }, { "date": "2025-04-11", "close": 53.59, "volume": 160998, "typical_volume": 498134.3, "trend": 79.17, "fair_value": 74.405962, "relative_strength": -28.733029, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.382577, "energy": 61.670606, "activity_lines": [ 53.515333, 55.763636, 63.986143, 71.312 ] }, { "date": "2025-04-18", "close": 56.959999, "volume": 149300, "typical_volume": 470987.15, "trend": 78.305333, "fair_value": 74.291923, "relative_strength": -26.991334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.956086, "energy": 56.982164, "activity_lines": [ 54.633333, 55.477272, 62.49, 69.879097 ] }, { "date": "2025-04-25", "close": 56.029999, "volume": 592968, "typical_volume": 452976.75, "trend": 77.35, "fair_value": 74.186987, "relative_strength": -28.161165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.403451, "energy": 49.985827, "activity_lines": [ 55.198666, 55.272908, 61.09919, 68.441978 ] }, { "date": "2025-05-02", "close": 53.93, "volume": 140456, "typical_volume": 408386.35, "trend": 76.223333, "fair_value": 74.088141, "relative_strength": -31.135176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.40073, "energy": 45.424476, "activity_lines": [ 55.059333, 54.822909, 59.704142, 66.93101 ] }, { "date": "2025-05-09", "close": 52.75, "volume": 199975, "typical_volume": 389324.45, "trend": 75.038333, "fair_value": 74.013462, "relative_strength": -31.151555, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.521458, "energy": 48.281494, "activity_lines": [ 54.338, 54.355454, 58.409666, 65.416602 ] }, { "date": "2025-05-16", "close": 55.91, "volume": 518508, "typical_volume": 400769.6, "trend": 73.587, "fair_value": 73.940128, "relative_strength": -29.500795, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.005778, "energy": 43.64548, "activity_lines": [ 54.757333, 54.581636, 57.600142, 64.182516 ] }, { "date": "2025-05-23", "close": 56.43, "volume": 365206, "typical_volume": 399227.0, "trend": 72.104666, "fair_value": 73.888077, "relative_strength": -27.960083, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.379542, "energy": 39.9745, "activity_lines": [ 55.195333, 54.957818, 56.994523, 63.075613 ] }, { "date": "2025-05-30", "close": 65.660004, "volume": 1271675, "typical_volume": 437286.15, "trend": 71.188333, "fair_value": 73.871795, "relative_strength": -15.604068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.657164, "energy": 17.133844, "activity_lines": [ 58.745335, 56.955637, 57.425762, 62.659828 ] }, { "date": "2025-06-06", "close": 62.869999, "volume": 750676, "typical_volume": 456402.55, "trend": 70.191, "fair_value": 73.852692, "relative_strength": -19.685388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.696817, "energy": 18.157536, "activity_lines": [ 60.723334, 58.269819, 57.657905, 62.123161 ] }, { "date": "2025-06-13", "close": 65.370003, "volume": 617726, "typical_volume": 476262.1, "trend": 69.216667, "fair_value": 73.866282, "relative_strength": -15.260917, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.710283, "energy": 20.668075, "activity_lines": [ 62.938668, 59.824546, 58.201762, 61.812129 ] }, { "date": "2025-06-20", "close": 61.290001, "volume": 261600, "typical_volume": 475167.5, "trend": 68.019667, "fair_value": 73.840257, "relative_strength": -21.398729, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.32054, "energy": 20.973238, "activity_lines": [ 62.952668, 60.431819, 58.394048, 61.300731 ] }, { "date": "2025-06-27", "close": 65.949997, "volume": 307424, "typical_volume": 473633.55, "trend": 66.962, "fair_value": 73.839616, "relative_strength": -16.769657, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.229946, "energy": 21.439312, "activity_lines": [ 64.161333, 61.746364, 59.091429, 61.167204 ] }, { "date": "2025-07-04", "close": 64.839996, "volume": 327156, "typical_volume": 470342.25, "trend": 65.885333, "fair_value": 73.842757, "relative_strength": -17.228017, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.677269, "energy": 20.08573, "activity_lines": [ 64.365332, 62.695636, 59.706047, 61.030301 ] }, { "date": "2025-07-11", "close": 63.959999, "volume": 191278, "typical_volume": 462445.7, "trend": 64.729, "fair_value": 73.837372, "relative_strength": -17.001261, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.408464, "energy": 13.862502, "activity_lines": [ 64.330665, 63.324727, 60.230571, 60.906086 ] }, { "date": "2025-07-18", "close": 64.309998, "volume": 235955, "typical_volume": 465749.35, "trend": 63.826333, "fair_value": 73.832308, "relative_strength": -15.678781, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.71196, "energy": 19.674807, "activity_lines": [ 64.339998, 63.83509, 60.792285, 60.879053 ] }, { "date": "2025-07-25", "close": 62.939999, "volume": 451792, "typical_volume": 465418.45, "trend": 62.98, "fair_value": 73.798269, "relative_strength": -16.759188, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.674514, "energy": 16.820651, "activity_lines": [ 63.963332, 63.886181, 61.199666, 60.82187 ] }, { "date": "2025-08-01", "close": 61.639999, "volume": 191317, "typical_volume": 455760.95, "trend": 62.049, "fair_value": 73.680577, "relative_strength": -17.246713, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.220429, "energy": 8.4423, "activity_lines": [ 63.043332, 63.57309, 61.464285, 60.735419 ] }, { "date": "2025-08-08", "close": 62.220001, "volume": 139278, "typical_volume": 425717.35, "trend": 61.468, "fair_value": 73.596731, "relative_strength": -15.503272, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.756158, "energy": 6.053652, "activity_lines": [ 62.604, 63.270726, 61.744523, 60.746451 ] }, { "date": "2025-08-15", "close": 60.459999, "volume": 132914, "typical_volume": 369735.4, "trend": 60.872333, "fair_value": 73.510577, "relative_strength": -18.475398, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.058694, "energy": 6.749569, "activity_lines": [ 61.752666, 62.710908, 61.827333, 60.681419 ] }, { "date": "2025-08-22", "close": 61.810001, "volume": 210166, "typical_volume": 360818.4, "trend": 60.494666, "fair_value": 73.444936, "relative_strength": -17.082018, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 25.72775, "energy": 15.269752, "activity_lines": [ 61.584667, 62.440363, 61.994142, 60.741914 ] }, { "date": "2025-08-29", "close": 59.52, "volume": 131966, "typical_volume": 359366.8, "trend": 60.006666, "fair_value": 73.374231, "relative_strength": -18.290963, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 7.681667, "energy": 9.85461, "activity_lines": [ 60.82, 61.818181, 61.905952, 60.679032 ] }, { "date": "2025-09-05", "close": 59.830002, "volume": 210162, "typical_volume": 362409.9, "trend": 59.642, "fair_value": 73.282756, "relative_strength": -18.475037, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 6.874204, "energy": 11.133142, "activity_lines": [ 60.386667, 61.284546, 61.819047, 60.667634 ] }, { "date": "2025-09-12", "close": 60.84, "volume": 185434, "typical_volume": 342033.2, "trend": 59.552666, "fair_value": 73.188462, "relative_strength": -17.834864, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 9.561655, "energy": 10.806981, "activity_lines": [ 60.410667, 61.045818, 61.814667, 60.744925 ] }, { "date": "2025-09-19", "close": 60.389999, "volume": 280527, "typical_volume": 349036.75, "trend": 59.406666, "fair_value": 73.1275, "relative_strength": -18.688518, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 8.647222, "energy": 12.763531, "activity_lines": [ 60.376667, 60.798, 61.744524, 60.798946 ] }, { "date": "2025-09-26", "close": 61.200001, "volume": 378244, "typical_volume": 357950.2, "trend": 59.47, "fair_value": 73.07141, "relative_strength": -14.930787, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 11.710373, "energy": 9.44332, "activity_lines": [ 60.617334, 60.762364, 61.720762, 60.914645 ] }, { "date": "2025-10-03", "close": 62.360001, "volume": 134852, "typical_volume": 338767.4, "trend": 59.583333, "fair_value": 73.019551, "relative_strength": -13.581712, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 28.606474, "energy": 13.352092, "activity_lines": [ 61.285334, 60.994182, 61.767238, 61.101097 ] }, { "date": "2025-10-10", "close": 60.849998, "volume": 150929, "typical_volume": 328053.55, "trend": 59.834333, "fair_value": 72.976923, "relative_strength": -16.351185, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 24.663145, "energy": 11.774312, "activity_lines": [ 61.260666, 60.962, 61.63919, 61.182817 ] }, { "date": "2025-10-17", "close": 63.84, "volume": 2723251, "typical_volume": 400632.35, "trend": 60.097, "fair_value": 72.948333, "relative_strength": -12.804998, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.874784, "energy": 19.352269, "activity_lines": [ 62.164666, 61.487818, 61.774857, 61.441247 ] }, { "date": "2025-10-24", "close": 73.279999, "volume": 3590368, "typical_volume": 542616.95, "trend": 60.836333, "fair_value": 72.987308, "relative_strength": 0.662902, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 73.93982, "energy": 57.311965, "activity_lines": [ 66.015333, 63.700545, 62.818238, 62.291763 ] }, { "date": "2025-10-31", "close": 64.019997, "volume": 942884, "typical_volume": 558874.85, "trend": 61.168333, "fair_value": 72.961474, "relative_strength": -10.992571, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.076351, "energy": 46.546769, "activity_lines": [ 65.919999, 63.996545, 62.930142, 62.497161 ] }, { "date": "2025-11-07", "close": 61.91, "volume": 350551, "typical_volume": 563322.4, "trend": 61.445666, "fair_value": 72.936218, "relative_strength": -12.297383, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.398365, "energy": 37.517522, "activity_lines": [ 64.933332, 63.868727, 62.847523, 62.54501 ] }, { "date": "2025-11-14", "close": 61.68, "volume": 314674, "typical_volume": 563684.9, "trend": 61.603, "fair_value": 72.917821, "relative_strength": -13.041952, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.655462, "energy": 24.117439, "activity_lines": [ 63.899999, 63.655636, 62.740047, 62.560129 ] }, { "date": "2025-11-21", "close": 61.130001, "volume": 229554, "typical_volume": 558804.8, "trend": 61.773, "fair_value": 72.876667, "relative_strength": -13.291956, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.673155, "energy": 12.159468, "activity_lines": [ 62.628, 63.308909, 62.600524, 62.529613 ] }, { "date": "2025-11-28", "close": 61.540001, "volume": 149847, "typical_volume": 556733.25, "trend": 62.026667, "fair_value": 72.836859, "relative_strength": -12.097313, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.089946, "energy": 8.387785, "activity_lines": [ 61.673334, 63.031454, 62.517714, 62.51458 ] }, { "date": "2025-12-05", "close": 60.619999, "volume": 178064, "typical_volume": 553838.7, "trend": 62.289, "fair_value": 72.806538, "relative_strength": -12.333783, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.182251, "energy": 12.747887, "activity_lines": [ 61.194667, 62.565818, 62.358809, 62.423828 ] }, { "date": "2025-12-12", "close": 58.82, "volume": 197671, "typical_volume": 541132.65, "trend": 62.386, "fair_value": 72.761795, "relative_strength": -13.393495, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.914898, "energy": 32.87745, "activity_lines": [ 60.342667, 61.783454, 62.046047, 62.200021 ] }, { "date": "2025-12-19", "close": 58.77, "volume": 238943, "typical_volume": 543513.95, "trend": 62.464, "fair_value": 72.745897, "relative_strength": -12.154816, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.829973, "energy": 38.745542, "activity_lines": [ 59.68, 61.056364, 61.748143, 61.966731 ] }, { "date": "2025-12-26", "close": 59.200001, "volume": 223432, "typical_volume": 547721.65, "trend": 62.248666, "fair_value": 72.70359, "relative_strength": -10.814039, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.053441, "energy": 36.893897, "activity_lines": [ 59.354667, 60.445273, 61.504857, 61.75615 ] }, { "date": "2026-01-02", "close": 58.740002, "volume": 169589, "typical_volume": 549555.4, "trend": 62.111, "fair_value": 72.663141, "relative_strength": -11.466994, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.258008, "energy": 38.558876, "activity_lines": [ 59.004668, 59.83491, 61.232143, 61.529785 ] }, { "date": "2026-01-09", "close": 56.169998, "volume": 206252, "typical_volume": 549359.7, "trend": 61.804333, "fair_value": 72.604295, "relative_strength": -12.403227, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.464932, "energy": 43.379832, "activity_lines": [ 57.984667, 59.021637, 60.722857, 61.146494 ] }, { "date": "2026-01-16", "close": 54.029999, "volume": 216745, "typical_volume": 553598.65, "trend": 61.562333, "fair_value": 72.543269, "relative_strength": -14.942745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.003303, "energy": 56.482196, "activity_lines": [ 56.548, 57.962, 60.036619, 60.644925 ] }, { "date": "2026-01-23", "close": 49.220001, "volume": 335719, "typical_volume": 559876.5, "trend": 61.004666, "fair_value": 72.461987, "relative_strength": -19.767149, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.819963, "energy": 77.562189, "activity_lines": [ 53.827333, 56.171091, 58.918429, 59.848645 ] }, { "date": "2026-01-30", "close": 48.310001, "volume": 262879, "typical_volume": 563748.75, "trend": 60.453667, "fair_value": 72.367179, "relative_strength": -21.326316, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.180875, "energy": 87.781048, "activity_lines": [ 51.44, 54.441273, 57.764095, 59.029634 ] }, { "date": "2026-02-06", "close": 47.400002, "volume": 485514, "typical_volume": 573998.1, "trend": 59.901667, "fair_value": 72.265897, "relative_strength": -23.223379, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.126042, "energy": 89.739678, "activity_lines": [ 49.475334, 52.779091, 56.582762, 58.187463 ] }, { "date": "2026-02-13", "close": 48.509998, "volume": 399260, "typical_volume": 575048.9, "trend": 59.375, "fair_value": 72.1775, "relative_strength": -20.185738, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.701935, "energy": 87.829772, "activity_lines": [ 48.636667, 51.575818, 55.569, 57.452516 ] }, { "date": "2026-02-20", "close": 47.75, "volume": 287350, "typical_volume": 582673.8, "trend": 58.868667, "fair_value": 72.094167, "relative_strength": -21.124745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.413088, "energy": 86.599716, "activity_lines": [ 48.055333, 50.454546, 54.543286, 56.702516 ] }, { "date": "2026-02-27", "close": 45.73, "volume": 264960, "typical_volume": 588375.35, "trend": 58.338333, "fair_value": 72.004615, "relative_strength": -22.741371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.494076, "energy": 84.014785, "activity_lines": [ 47.219333, 49.167273, 53.394762, 55.85486 ] }, { "date": "2026-03-06", "close": 43.029999, "volume": 231268, "typical_volume": 463776.2, "trend": 57.698667, "fair_value": 71.897115, "relative_strength": -24.610817, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.60539, "energy": 81.905851, "activity_lines": [ 45.716, 47.626182, 52.061095, 54.867226 ] }, { "date": "2026-03-13", "close": 43.990002, "volume": 750102, "typical_volume": 321762.9, "trend": 57.149667, "fair_value": 71.815321, "relative_strength": -18.279784, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.114644, "energy": 66.607086, "activity_lines": [ 44.884667, 46.553637, 50.917953, 53.982796 ] }, { "date": "2026-03-20", "close": 42.860001, "volume": 471916, "typical_volume": 298214.5, "trend": 56.518, "fair_value": 71.744231, "relative_strength": -19.89363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.068322, "energy": 67.266703, "activity_lines": [ 43.904001, 45.543819, 49.806667, 53.060882 ] }, { "date": "2026-03-27", "close": 39.040001, "volume": 1049537, "typical_volume": 333163.8, "trend": 55.835333, "fair_value": 71.689359, "relative_strength": -25.805645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.184856, "energy": 76.586299, "activity_lines": [ 42.026668, 44.081455, 48.432334, 51.933269 ] }, { "date": "2026-04-03", "close": 40.43, "volume": 397506, "typical_volume": 337305.4, "trend": 55.188667, "fair_value": 71.598846, "relative_strength": -22.42835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.483898, "energy": 66.949371, "activity_lines": [ 41.193334, 43.144364, 47.299286, 50.939377 ] }, { "date": "2026-04-10", "close": 45.369999, "volume": 472186, "typical_volume": 349437.0, "trend": 54.673, "fair_value": 71.553141, "relative_strength": -17.472272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.773379, "energy": 57.71598, "activity_lines": [ 42.36, 43.265273, 46.737905, 50.305914 ] }, { "date": "2026-04-17", "close": 45.869999, "volume": 380663, "typical_volume": 360977.8, "trend": 54.189, "fair_value": 71.49718, "relative_strength": -17.249422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.184134, "energy": 44.355833, "activity_lines": [ 43.537333, 43.530545, 46.299191, 49.737979 ] }, { "date": "2026-04-24", "close": 46.91, "volume": 144684, "typical_volume": 359308.8, "trend": 53.712667, "fair_value": 71.459423, "relative_strength": -13.49102, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.565295, "energy": 30.498122, "activity_lines": [ 44.936, 44.012727, 46.034143, 49.268366 ] }, { "date": "2026-05-01", "close": 48.580002, "volume": 157046, "typical_volume": 357277.55, "trend": 53.253333, "fair_value": 71.402564, "relative_strength": -10.638689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.375408, "energy": 27.361465, "activity_lines": [ 46.621334, 44.827637, 45.993429, 48.937226 ] }, { "date": "2026-05-08", "close": 50.57, "volume": 428511, "typical_volume": 366755.95, "trend": 52.910667, "fair_value": 71.355577, "relative_strength": -7.582614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.983206, "energy": 21.493248, "activity_lines": [ 48.334, 45.989273, 46.191, 48.764108 ] }, { "date": "2026-05-15", "close": 45.639999, "volume": 388034, "typical_volume": 374986.05, "trend": 52.304, "fair_value": 71.297821, "relative_strength": -14.492143, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.510069, "energy": 18.522449, "activity_lines": [ 47.727333, 46.166545, 45.958095, 48.295032 ] }, { "date": "2026-05-22", "close": 45.790001, "volume": 198722, "typical_volume": 376442.7, "trend": 51.387667, "fair_value": 71.2375, "relative_strength": -14.23684, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.538342, "energy": 14.82873, "activity_lines": [ 47.152667, 46.323637, 45.804048, 47.874774 ] }, { "date": "2026-05-29", "close": 46.939999, "volume": 185209, "typical_volume": 375390.55, "trend": 50.818334, "fair_value": 71.178462, "relative_strength": -10.940677, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.399965, "energy": 10.876755, "activity_lines": [ 46.966667, 46.657091, 45.821191, 47.587828 ] }, { "date": "2026-06-05", "close": 46.98, "volume": 49438, "typical_volume": 367025.2, "trend": 50.320667, "fair_value": 71.111987, "relative_strength": -9.783529, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.204593, "energy": 16.825922, "activity_lines": [ 46.792, 46.923636, 45.886095, 47.340194 ] }, { "date": "2026-06-12", "close": 48.150002, "volume": 231738, "typical_volume": 361826.15, "trend": 49.869667, "fair_value": 71.059103, "relative_strength": -8.058545, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.244895, "energy": 10.279667, "activity_lines": [ 47.114001, 47.258546, 46.096, 47.200151 ] }, { "date": "2026-06-19", "close": 46.950001, "volume": 57571, "typical_volume": 351560.75, "trend": 49.397, "fair_value": 71.0075, "relative_strength": -11.433734, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.320612, "energy": 11.90263, "activity_lines": [ 47.197334, 47.23491, 46.196715, 47.011785 ] }, { "date": "2026-06-26", "close": 46.610001, "volume": 0, "typical_volume": 327285.05, "trend": 48.899334, "fair_value": 70.948269, "relative_strength": -11.743857, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.199797, "energy": 10.942406, "activity_lines": [ 47.080001, 47.120728, 46.271524, 46.831979 ] }, { "date": "2026-07-03", "close": 45.630001, "volume": 56500, "typical_volume": 310147.05, "trend": 48.399667, "fair_value": 70.873462, "relative_strength": -13.861337, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.45586, "energy": 13.342655, "activity_lines": [ 46.581334, 46.81491, 46.256762, 46.621054 ] }, { "date": "2026-07-10", "close": 45.799999, "volume": 182188, "typical_volume": 304888.95, "trend": 47.965667, "fair_value": 70.814487, "relative_strength": -12.811799, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.503059, "energy": 17.376935, "activity_lines": [ 46.226667, 46.563273, 46.271905, 46.453334 ] }, { "date": "2026-07-17", "close": 44.959999, "volume": 159504, "typical_volume": 299616.15, "trend": 47.505334, "fair_value": 70.749808, "relative_strength": -14.306082, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.243957, "energy": 26.356154, "activity_lines": [ 45.670666, 46.209455, 46.216334, 46.25942 ] }, { "date": "2026-07-24", "close": 45.950001, "volume": 260774, "typical_volume": 301091.45, "trend": 47.063667, "fair_value": 70.692756, "relative_strength": -9.847222, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.15098, "energy": 21.396993, "activity_lines": [ 45.657333, 46.137637, 46.258715, 46.159076 ] }, { "date": "2026-07-31", "close": 46.639999, "volume": 170726, "typical_volume": 272122.65, "trend": 46.660333, "fair_value": 70.612885, "relative_strength": -10.326097, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.383604, "energy": 15.68892, "activity_lines": [ 45.940666, 46.185636, 46.352905, 46.131742 ] }, { "date": "2026-08-07", "close": 50.77, "volume": 449863, "typical_volume": 271020.0, "trend": 46.480334, "fair_value": 70.500192, "relative_strength": -2.700839, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.298913, "energy": 31.742781, "activity_lines": [ 47.598666, 46.969091, 46.82781, 46.396882 ] } ], "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." } } }