{ "ticker": { "uuid": "e53e4d38-11ea-49b6-9c30-d7d5f1ec3f39", "symbol": "PRITI", "name": "Priti International Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -73.652, "architecture_energy": 74.621, "architecture_maturity": 100.0, "architecture_confidence": 86.005, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 5.37, "rotation_up": 11.15, "upward_expansion": 16.1, "deceleration": 37.74, "rotation_down": 77.81, "downward_expansion": 94.1 }, "activity_lines": [ 37.416001, 38.719273, 40.783191, 41.621398 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 36.360001, "trend_reference": 43.539333, "distance_from_trend": -0.164893, "trend_direction": "Weakening", "fair_value": 118.501731, "distance_from_fair_value": -0.693169, "fair_value_direction": "Weakening", "relative_strength": -32.325254, "relative_strength_direction": "Weakening", "price_momentum": -0.29644, "excess_performance": -0.25273, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.164893, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.150065, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.693169, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.041924, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.323253, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.024231, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.29644, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.008528, "read": "Supply-led" } ], "volume": { "latest": 26539, "relative_activity": 0.482243, "balance": 0.008528, "dry_up": 0.426589, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.085576, "annualized_volatility": 0.663944, "from_high_reference": -0.653384, "from_low_reference": 0.154286 }, "levels": { "trend_reference": 43.539333, "fair_value_reference": 118.501731, "structural_low": 31.5, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 27, "median_return": -0.055976, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.063588, "regime_survival": 0.851852, "best_return": 0.427666, "worst_return": -0.289824, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.141741, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": -0.152546, "regime_survival": 0.8, "best_return": 0.465677, "worst_return": -0.278133, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.258524, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": -0.2694, "regime_survival": 0.8, "best_return": 0.124092, "worst_return": -0.370107, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.462615, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.486339, "regime_survival": 0.666667, "best_return": 0.238614, "worst_return": -0.492221, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-04-07", "end": "2023-04-14", "tenure": "New", "return": 0.109241, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-04-21", "end": "2023-06-02", "tenure": "Developing", "return": 0.134462, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-06-09", "end": "2023-08-18", "tenure": "Developing", "return": 0.115217, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-08-25", "end": "2023-11-24", "tenure": "Established", "return": 0.257167, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-01", "end": "2024-01-19", "tenure": "Developing", "return": 0.047115, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-01-26", "end": "2024-03-01", "tenure": "Developing", "return": -0.151111, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-03-08", "end": "2024-04-19", "tenure": "Developing", "return": -0.052588, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-04-26", "end": "2024-08-16", "tenure": "Established", "return": -0.152742, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-23", "end": "2024-10-18", "tenure": "Developing", "return": -0.12394, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-25", "end": "2024-11-22", "tenure": "Developing", "return": 0.122031, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-29", "end": "2025-01-24", "tenure": "Developing", "return": -0.205069, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-31", "end": "2025-06-20", "tenure": "Established", "return": -0.279304, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-27", "end": "2025-07-25", "tenure": "Developing", "return": -0.034659, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-01", "end": "2026-08-07", "tenure": "Extended", "return": -0.563976, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 179.550003, "volume": 122416, "typical_volume": 283240.25, "trend": 169.723335, "fair_value": 92.634084, "relative_strength": -0.681206, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.729072, "energy": 20.4512, "activity_lines": [ 192.260003, 196.570912, 186.87786, 178.866776 ] }, { "date": "2023-08-25", "close": 181.399994, "volume": 324100, "typical_volume": 297674.5, "trend": 170.671668, "fair_value": 93.664016, "relative_strength": 0.567481, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.067791, "energy": 20.440369, "activity_lines": [ 187.23, 194.376365, 187.191906, 179.620109 ] }, { "date": "2023-09-01", "close": 172.899994, "volume": 210098, "typical_volume": 301521.75, "trend": 171.450001, "fair_value": 94.63946, "relative_strength": -4.626628, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.621466, "energy": 17.921053, "activity_lines": [ 181.273331, 190.266363, 186.554049, 179.763872 ] }, { "date": "2023-09-08", "close": 176.350006, "volume": 136321, "typical_volume": 303430.05, "trend": 172.043335, "fair_value": 95.637021, "relative_strength": -3.900661, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.058807, "energy": 20.438629, "activity_lines": [ 178.226666, 186.577273, 186.221668, 180.080002 ] }, { "date": "2023-09-15", "close": 168.149994, "volume": 273747, "typical_volume": 313317.05, "trend": 172.106668, "fair_value": 96.582017, "relative_strength": -9.434416, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.31772, "energy": 17.435828, "activity_lines": [ 173.813331, 181.782727, 185.042382, 179.828818 ] }, { "date": "2023-09-22", "close": 165.149994, "volume": 148415, "typical_volume": 318466.8, "trend": 172.368334, "fair_value": 97.507782, "relative_strength": -8.120038, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.948611, "energy": 27.884751, "activity_lines": [ 170.306663, 177.422725, 183.525714, 179.380001 ] }, { "date": "2023-09-29", "close": 181.449997, "volume": 233426, "typical_volume": 327170.95, "trend": 173.188334, "fair_value": 98.538034, "relative_strength": 1.420438, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.907346, "energy": 18.928452, "activity_lines": [ 173.19333, 176.842725, 183.505238, 179.965914 ] }, { "date": "2023-10-06", "close": 170.300003, "volume": 179372, "typical_volume": 331129.45, "trend": 173.916668, "fair_value": 99.496813, "relative_strength": -4.579259, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.381204, "energy": 29.419881, "activity_lines": [ 172.359999, 174.754544, 182.295952, 179.77957 ] }, { "date": "2023-10-13", "close": 172.350006, "volume": 150359, "typical_volume": 321633.65, "trend": 174.620001, "fair_value": 100.468732, "relative_strength": -3.447312, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.993367, "energy": 20.152174, "activity_lines": [ 172.383334, 173.566363, 181.228334, 179.678495 ] }, { "date": "2023-10-20", "close": 172.75, "volume": 170631, "typical_volume": 319078.75, "trend": 175.503335, "fair_value": 101.443215, "relative_strength": -1.968312, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.015213, "energy": 12.967647, "activity_lines": [ 172.806668, 172.896363, 180.213572, 179.55785 ] }, { "date": "2023-10-27", "close": 165.25, "volume": 180901, "typical_volume": 304977.7, "trend": 176.270001, "fair_value": 102.369622, "relative_strength": -3.527016, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.620367, "energy": 24.949415, "activity_lines": [ 170.423335, 171.299091, 178.539762, 178.896345 ] }, { "date": "2023-11-03", "close": 168.100006, "volume": 119505, "typical_volume": 296619.65, "trend": 176.823335, "fair_value": 103.314297, "relative_strength": -2.674399, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.878172, "energy": 24.33745, "activity_lines": [ 168.983336, 170.480001, 177.117143, 178.369248 ] }, { "date": "2023-11-10", "close": 204.699997, "volume": 663692, "typical_volume": 322090.15, "trend": 178.045001, "fair_value": 104.493588, "relative_strength": 16.963262, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 19.395853, "energy": 12.839064, "activity_lines": [ 180.633334, 176.557273, 179.146667, 180.167743 ] }, { "date": "2023-11-17", "close": 196.649994, "volume": 247703, "typical_volume": 277326.2, "trend": 179.183334, "fair_value": 105.621276, "relative_strength": 10.054458, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.36935, "energy": 28.873711, "activity_lines": [ 187.306665, 180.592727, 180.204047, 181.368065 ] }, { "date": "2023-11-24", "close": 228.050003, "volume": 632002, "typical_volume": 227998.35, "trend": 181.541668, "fair_value": 106.950247, "relative_strength": 25.997893, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 68.407943, "energy": 64.169838, "activity_lines": [ 202.826666, 189.968182, 184.25619, 184.520753 ] }, { "date": "2023-12-01", "close": 221.800003, "volume": 156295, "typical_volume": 221184.95, "trend": 183.823334, "fair_value": 108.239153, "relative_strength": 18.889248, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.541212, "energy": 76.351632, "activity_lines": [ 212.576667, 197.118183, 187.684524, 187.118065 ] }, { "date": "2023-12-08", "close": 259.25, "volume": 422812, "typical_volume": 234643.35, "trend": 187.305001, "fair_value": 109.768124, "relative_strength": 33.454, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.901143, "energy": 90.019326, "activity_lines": [ 231.04, 210.047273, 194.623572, 191.984301 ] }, { "date": "2023-12-15", "close": 246.850006, "volume": 540015, "typical_volume": 255661.5, "trend": 190.231668, "fair_value": 111.217607, "relative_strength": 23.649576, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.339713, "energy": 84.811024, "activity_lines": [ 239.293336, 219.307274, 200.147144, 195.825915 ] }, { "date": "2023-12-22", "close": 239.0, "volume": 178067, "typical_volume": 259000.25, "trend": 192.350001, "fair_value": 112.61677, "relative_strength": 19.561913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.808951, "energy": 77.173884, "activity_lines": [ 242.120002, 225.748183, 204.696667, 198.972259 ] }, { "date": "2023-12-29", "close": 241.5, "volume": 98569, "typical_volume": 259422.3, "trend": 194.255001, "fair_value": 114.031958, "relative_strength": 18.089362, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.132277, "energy": 67.930273, "activity_lines": [ 242.956668, 231.431819, 209.283572, 202.143226 ] }, { "date": "2024-01-05", "close": 249.199997, "volume": 107981, "typical_volume": 258700.55, "trend": 197.195001, "fair_value": 115.496506, "relative_strength": 21.301931, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.154335, "energy": 54.427944, "activity_lines": [ 245.463333, 237.265455, 214.390715, 205.688065 ] }, { "date": "2024-01-12", "close": 241.300003, "volume": 104970, "typical_volume": 247744.05, "trend": 199.870001, "fair_value": 116.910412, "relative_strength": 15.982418, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.286426, "energy": 46.898462, "activity_lines": [ 243.510001, 240.136364, 218.41381, 208.533549 ] }, { "date": "2024-01-19", "close": 232.25, "volume": 119253, "typical_volume": 243201.8, "trend": 202.226667, "fair_value": 118.266146, "relative_strength": 12.543688, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.270259, "energy": 36.560993, "activity_lines": [ 239.736667, 240.03091, 221.289763, 210.622581 ] }, { "date": "2024-01-26", "close": 213.75, "volume": 93871, "typical_volume": 241079.3, "trend": 202.766667, "fair_value": 119.50329, "relative_strength": 4.609014, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.739836, "energy": 26.283066, "activity_lines": [ 230.77, 236.06091, 222.121191, 211.366022 ] }, { "date": "2024-02-02", "close": 225.699997, "volume": 168686, "typical_volume": 235826.25, "trend": 202.888334, "fair_value": 120.817036, "relative_strength": 7.502479, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.997065, "energy": 20.227361, "activity_lines": [ 227.469999, 233.952727, 223.912619, 212.845592 ] }, { "date": "2024-02-09", "close": 202.899994, "volume": 275793, "typical_volume": 242195.15, "trend": 202.65, "fair_value": 121.984629, "relative_strength": -3.12547, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.282607, "energy": 19.234366, "activity_lines": [ 217.623331, 227.741817, 223.258571, 212.846344 ] }, { "date": "2024-02-16", "close": 193.399994, "volume": 234589, "typical_volume": 242253.3, "trend": 202.096666, "fair_value": 123.066537, "relative_strength": -8.65341, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.225109, "energy": 19.385621, "activity_lines": [ 207.696662, 220.14727, 221.519999, 212.249569 ] }, { "date": "2024-02-23", "close": 192.550003, "volume": 171534, "typical_volume": 241861.4, "trend": 201.871666, "fair_value": 124.142997, "relative_strength": -9.698043, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.217852, "energy": 30.784745, "activity_lines": [ 200.679998, 213.595453, 219.643571, 211.633656 ] }, { "date": "2024-03-01", "close": 181.449997, "volume": 105818, "typical_volume": 239634.35, "trend": 201.358333, "fair_value": 125.148303, "relative_strength": -15.249396, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.473493, "energy": 47.289334, "activity_lines": [ 192.609998, 206.012725, 216.604047, 210.316128 ] }, { "date": "2024-03-08", "close": 180.649994, "volume": 86382, "typical_volume": 235421.9, "trend": 200.821666, "fair_value": 126.154397, "relative_strength": -16.120581, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.718275, "energy": 58.209546, "activity_lines": [ 186.426663, 199.330906, 213.444999, 208.980107 ] }, { "date": "2024-03-15", "close": 173.600006, "volume": 165474, "typical_volume": 234650.55, "trend": 200.623333, "fair_value": 127.11506, "relative_strength": -17.51363, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.716565, "energy": 63.605793, "activity_lines": [ 180.896666, 192.473635, 209.576904, 207.22387 ] }, { "date": "2024-03-22", "close": 170.550003, "volume": 181257, "typical_volume": 237738.15, "trend": 200.261666, "fair_value": 128.056171, "relative_strength": -19.083442, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.429652, "energy": 64.192447, "activity_lines": [ 176.303335, 186.436363, 205.378571, 205.283656 ] }, { "date": "2024-03-29", "close": 162.699997, "volume": 132783, "typical_volume": 211192.7, "trend": 199.921666, "fair_value": 128.946961, "relative_strength": -23.463585, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.247126, "energy": 69.640856, "activity_lines": [ 170.616667, 180.258181, 200.420952, 202.860322 ] }, { "date": "2024-04-05", "close": 187.649994, "volume": 170651, "typical_volume": 207340.1, "trend": 200.298333, "fair_value": 129.997688, "relative_strength": -12.410786, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.888887, "energy": 44.749874, "activity_lines": [ 175.236665, 179.880907, 198.039523, 202.068601 ] }, { "date": "2024-04-12", "close": 179.350006, "volume": 85671, "typical_volume": 180023.55, "trend": 200.671666, "fair_value": 130.995209, "relative_strength": -16.058157, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.266272, "energy": 34.037577, "activity_lines": [ 176.676667, 178.469091, 194.910476, 200.717096 ] }, { "date": "2024-04-19", "close": 171.149994, "volume": 120457, "typical_volume": 178231.65, "trend": 200.871666, "fair_value": 131.940166, "relative_strength": -18.301957, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.17211, "energy": 42.848169, "activity_lines": [ 175.469998, 176.40909, 191.23238, 198.812472 ] }, { "date": "2024-04-26", "close": 168.649994, "volume": 155856, "typical_volume": 164883.85, "trend": 200.445, "fair_value": 132.869098, "relative_strength": -20.283351, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.523001, "energy": 39.939795, "activity_lines": [ 173.59333, 174.471816, 187.557379, 196.733655 ] }, { "date": "2024-05-03", "close": 173.899994, "volume": 118106, "typical_volume": 143788.4, "trend": 200.564999, "fair_value": 133.831683, "relative_strength": -17.880775, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.035337, "energy": 39.653513, "activity_lines": [ 173.593329, 173.939088, 184.813807, 195.021074 ] }, { "date": "2024-05-10", "close": 164.5, "volume": 119778, "typical_volume": 140873.95, "trend": 200.303333, "fair_value": 134.734012, "relative_strength": -20.677211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.616445, "energy": 52.500474, "activity_lines": [ 169.71333, 172.036361, 181.522379, 192.6943 ] }, { "date": "2024-05-17", "close": 169.199997, "volume": 113876, "typical_volume": 141639.3, "trend": 200.184999, "fair_value": 135.66647, "relative_strength": -19.705041, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.095436, "energy": 47.66282, "activity_lines": [ 168.94333, 171.296361, 179.033331, 190.687633 ] }, { "date": "2024-05-24", "close": 164.350006, "volume": 111826, "typical_volume": 141831.55, "trend": 200.154999, "fair_value": 136.567837, "relative_strength": -23.309141, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.1504, "energy": 48.250867, "activity_lines": [ 167.233333, 169.882726, 176.426665, 188.375698 ] }, { "date": "2024-05-31", "close": 144.149994, "volume": 342609, "typical_volume": 153713.5, "trend": 199.356666, "fair_value": 137.339717, "relative_strength": -30.957358, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.461964, "energy": 67.987528, "activity_lines": [ 159.243332, 164.964543, 172.300236, 184.762472 ] }, { "date": "2024-06-07", "close": 138.550003, "volume": 275632, "typical_volume": 161532.45, "trend": 197.151666, "fair_value": 138.0757, "relative_strength": -35.438466, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.209879, "energy": 72.140974, "activity_lines": [ 151.02, 159.508181, 168.103094, 180.839461 ] }, { "date": "2024-06-14", "close": 146.080002, "volume": 191832, "typical_volume": 166430.5, "trend": 195.465999, "fair_value": 138.859952, "relative_strength": -32.108532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.184598, "energy": 74.940238, "activity_lines": [ 147.663334, 155.86, 165.069285, 177.544515 ] }, { "date": "2024-06-21", "close": 145.559998, "volume": 103749, "typical_volume": 163183.65, "trend": 192.716333, "fair_value": 139.640871, "relative_strength": -32.101914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.078681, "energy": 74.883526, "activity_lines": [ 145.361333, 152.87309, 162.308189, 174.324773 ] }, { "date": "2024-06-28", "close": 140.610001, "volume": 118749, "typical_volume": 155331.45, "trend": 190.009999, "fair_value": 140.390059, "relative_strength": -35.196277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.549353, "energy": 71.252349, "activity_lines": [ 142.985334, 149.600545, 159.457285, 170.963074 ] }, { "date": "2024-07-05", "close": 141.720001, "volume": 135058, "typical_volume": 150354.9, "trend": 186.092332, "fair_value": 141.146363, "relative_strength": -34.739827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.899994, "energy": 63.861926, "activity_lines": [ 142.562001, 147.085091, 157.008714, 167.84759 ] }, { "date": "2024-07-12", "close": 138.75, "volume": 112573, "typical_volume": 147406.85, "trend": 182.488999, "fair_value": 141.882428, "relative_strength": -35.871597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.411714, "energy": 62.359365, "activity_lines": [ 141.310667, 144.519273, 154.52338, 164.793246 ] }, { "date": "2024-07-19", "close": 136.339996, "volume": 96380, "typical_volume": 146934.95, "trend": 179.066999, "fair_value": 142.59329, "relative_strength": -36.355524, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.441618, "energy": 63.512862, "activity_lines": [ 139.242666, 142.154363, 152.064713, 161.815891 ] }, { "date": "2024-07-26", "close": 136.369995, "volume": 95752, "typical_volume": 147403.45, "trend": 175.562665, "fair_value": 143.192725, "relative_strength": -36.469589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.438908, "energy": 59.961042, "activity_lines": [ 137.833997, 140.306908, 149.823713, 159.061246 ] }, { "date": "2024-08-02", "close": 180.940002, "volume": 1816324, "typical_volume": 229945.95, "trend": 173.287332, "fair_value": 144.052518, "relative_strength": -14.781919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.459217, "energy": 14.726455, "activity_lines": [ 151.894665, 147.159999, 152.038332, 159.408171 ] }, { "date": "2024-08-09", "close": 162.820007, "volume": 298419, "typical_volume": 235804.05, "trend": 170.671332, "fair_value": 144.80999, "relative_strength": -21.609295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.270676, "energy": 19.12179, "activity_lines": [ 157.226668, 150.41691, 152.492286, 158.73286 ] }, { "date": "2024-08-16", "close": 142.889999, "volume": 233712, "typical_volume": 240850.5, "trend": 167.692666, "fair_value": 145.43003, "relative_strength": -31.151616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.050061, "energy": 25.1148, "activity_lines": [ 154.508668, 149.710728, 151.084952, 156.940516 ] }, { "date": "2024-08-23", "close": 156.770004, "volume": 590067, "typical_volume": 261821.3, "trend": 165.793332, "fair_value": 146.140245, "relative_strength": -24.791768, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.83091, "energy": 17.748384, "activity_lines": [ 156.141336, 151.449274, 151.093857, 156.235828 ] }, { "date": "2024-08-30", "close": 151.210007, "volume": 239564, "typical_volume": 269515.95, "trend": 163.310333, "fair_value": 146.760927, "relative_strength": -28.167783, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.93582, "energy": 8.917511, "activity_lines": [ 154.558671, 151.982548, 150.720287, 155.294968 ] }, { "date": "2024-09-06", "close": 146.889999, "volume": 245842, "typical_volume": 275785.2, "trend": 161.443333, "fair_value": 147.34976, "relative_strength": -28.651163, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.440658, "energy": 20.138536, "activity_lines": [ 150.546669, 151.627638, 150.069287, 154.235592 ] }, { "date": "2024-09-13", "close": 147.649994, "volume": 136235, "typical_volume": 274804.15, "trend": 159.918333, "fair_value": 147.916506, "relative_strength": -29.29745, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.077704, "energy": 18.64348, "activity_lines": [ 149.058, 151.296728, 149.606191, 153.345699 ] }, { "date": "2024-09-20", "close": 142.320007, "volume": 142712, "typical_volume": 276034.45, "trend": 158.244, "fair_value": 148.395321, "relative_strength": -32.544725, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.941734, "energy": 28.530709, "activity_lines": [ 146.804002, 149.888911, 148.735477, 152.210323 ] }, { "date": "2024-09-27", "close": 143.490005, "volume": 317833, "typical_volume": 285937.2, "trend": 156.978667, "fair_value": 148.871619, "relative_strength": -32.400896, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.376359, "energy": 30.472173, "activity_lines": [ 144.978003, 148.628912, 148.126573, 151.258452 ] }, { "date": "2024-10-04", "close": 139.559998, "volume": 98702, "typical_volume": 285178.5, "trend": 155.609, "fair_value": 149.335144, "relative_strength": -30.684675, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.773202, "energy": 39.84995, "activity_lines": [ 142.727335, 146.524365, 147.24343, 150.134667 ] }, { "date": "2024-10-11", "close": 140.5, "volume": 102184, "typical_volume": 284696.4, "trend": 154.505667, "fair_value": 149.842757, "relative_strength": -29.555633, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.838681, "energy": 39.404668, "activity_lines": [ 141.566668, 144.532729, 146.590953, 149.159893 ] }, { "date": "2024-10-18", "close": 137.339996, "volume": 88537, "typical_volume": 271992.8, "trend": 153.398666, "fair_value": 150.223141, "relative_strength": -30.278563, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.458511, "energy": 39.479852, "activity_lines": [ 139.778666, 142.701818, 145.751096, 148.05243 ] }, { "date": "2024-10-25", "close": 125.050003, "volume": 146922, "typical_volume": 265557.3, "trend": 152.143667, "fair_value": 150.550064, "relative_strength": -34.190578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.038069, "energy": 51.841657, "activity_lines": [ 134.581333, 139.099637, 143.773191, 146.223484 ] }, { "date": "2024-11-01", "close": 139.080002, "volume": 295787, "typical_volume": 270755.05, "trend": 150.524667, "fair_value": 151.011154, "relative_strength": -26.637165, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.355231, "energy": 43.15418, "activity_lines": [ 135.212001, 138.372728, 143.195763, 145.380667 ] }, { "date": "2024-11-08", "close": 157.130005, "volume": 1796149, "typical_volume": 355375.05, "trend": 149.784, "fair_value": 151.620641, "relative_strength": -15.742741, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.082639, "energy": 13.306992, "activity_lines": [ 142.153336, 141.249274, 144.370716, 145.806818 ] }, { "date": "2024-11-15", "close": 155.690002, "volume": 326965, "typical_volume": 365785.85, "trend": 149.268667, "fair_value": 152.168333, "relative_strength": -13.610629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.98084, "energy": 10.290438, "activity_lines": [ 147.443336, 143.756365, 145.35343, 146.187851 ] }, { "date": "2024-11-22", "close": 140.309998, "volume": 274534, "typical_volume": 372759.65, "trend": 148.324, "fair_value": 152.623526, "relative_strength": -22.261137, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.358424, "energy": 18.941679, "activity_lines": [ 146.594001, 143.307092, 144.799573, 145.609872 ] }, { "date": "2024-11-29", "close": 160.190002, "volume": 228179, "typical_volume": 378539.95, "trend": 147.867001, "fair_value": 153.233718, "relative_strength": -11.094962, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.082346, "energy": 21.232682, "activity_lines": [ 152.173335, 146.605819, 146.145763, 146.37542 ] }, { "date": "2024-12-06", "close": 165.080002, "volume": 319297, "typical_volume": 389685.8, "trend": 147.886334, "fair_value": 153.862757, "relative_strength": -9.082121, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.948105, "energy": 37.776694, "activity_lines": [ 157.040001, 150.468729, 147.855573, 147.485937 ] }, { "date": "2024-12-13", "close": 153.039993, "volume": 294030, "typical_volume": 399599.7, "trend": 147.347667, "fair_value": 154.446346, "relative_strength": -14.835652, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.844642, "energy": 37.405869, "activity_lines": [ 156.159998, 151.75, 148.281858, 147.818431 ] }, { "date": "2024-12-20", "close": 144.380005, "volume": 119703, "typical_volume": 314768.65, "trend": 146.682001, "fair_value": 154.961603, "relative_strength": -14.482621, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.483759, "energy": 25.945758, "activity_lines": [ 152.666, 151.211637, 147.804001, 147.626969 ] }, { "date": "2024-12-27", "close": 143.970001, "volume": 338613, "typical_volume": 316778.35, "trend": 146.676001, "fair_value": 155.487051, "relative_strength": -14.3686, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 24.649626, "energy": 11.359403, "activity_lines": [ 149.789334, 150.528183, 147.461191, 147.452001 ] }, { "date": "2025-01-03", "close": 143.589996, "volume": 218138, "typical_volume": 315999.65, "trend": 146.844001, "fair_value": 155.944039, "relative_strength": -13.9877, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.042966, "energy": 7.768456, "activity_lines": [ 146.541999, 149.655091, 147.171953, 147.252904 ] }, { "date": "2025-01-10", "close": 129.880005, "volume": 205003, "typical_volume": 296746.45, "trend": 146.304001, "fair_value": 156.313462, "relative_strength": -19.070883, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.556565, "energy": 28.560232, "activity_lines": [ 139.831334, 145.952182, 145.573667, 146.158453 ] }, { "date": "2025-01-17", "close": 134.009995, "volume": 113902, "typical_volume": 290463.35, "trend": 145.919001, "fair_value": 156.743013, "relative_strength": -14.483555, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.417482, "energy": 38.050335, "activity_lines": [ 136.843999, 143.167454, 144.496762, 145.365291 ] }, { "date": "2025-01-24", "close": 127.339996, "volume": 95037, "typical_volume": 282923.1, "trend": 145.476667, "fair_value": 157.116987, "relative_strength": -17.290432, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.60427, "energy": 51.343864, "activity_lines": [ 132.901998, 139.590363, 142.866524, 144.166645 ] }, { "date": "2025-01-31", "close": 128.139999, "volume": 84365, "typical_volume": 280329.6, "trend": 145.024, "fair_value": 157.451539, "relative_strength": -17.077882, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.383439, "energy": 55.984296, "activity_lines": [ 130.362665, 136.674181, 141.405571, 143.048151 ] }, { "date": "2025-02-07", "close": 126.029999, "volume": 60117, "typical_volume": 276199.85, "trend": 144.6, "fair_value": 157.784103, "relative_strength": -17.666589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.108439, "energy": 59.940688, "activity_lines": [ 128.175332, 133.595635, 139.836571, 141.822731 ] }, { "date": "2025-02-14", "close": 109.459999, "volume": 106506, "typical_volume": 265633.5, "trend": 143.704001, "fair_value": 158.037051, "relative_strength": -25.644047, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.964294, "energy": 73.578835, "activity_lines": [ 121.635332, 128.125453, 136.767047, 139.555634 ] }, { "date": "2025-02-21", "close": 105.75, "volume": 121776, "typical_volume": 266787.2, "trend": 142.683334, "fair_value": 158.293141, "relative_strength": -26.861263, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.983862, "energy": 78.088406, "activity_lines": [ 115.219999, 122.991999, 133.506238, 137.106989 ] }, { "date": "2025-02-28", "close": 94.82, "volume": 75538, "typical_volume": 265454.9, "trend": 139.812667, "fair_value": 158.413141, "relative_strength": -31.635862, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.333998, "energy": 87.725216, "activity_lines": [ 107.045333, 116.73109, 129.365476, 134.019032 ] }, { "date": "2025-03-07", "close": 92.769997, "volume": 185405, "typical_volume": 270298.3, "trend": 137.477667, "fair_value": 158.5075, "relative_strength": -33.58448, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.672431, "energy": 89.957045, "activity_lines": [ 100.355332, 110.998544, 125.246999, 130.984021 ] }, { "date": "2025-03-14", "close": 89.870003, "volume": 56472, "typical_volume": 265775.8, "trend": 135.710334, "fair_value": 158.589038, "relative_strength": -34.426571, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.711621, "energy": 91.186926, "activity_lines": [ 95.056667, 105.669636, 121.064571, 127.912559 ] }, { "date": "2025-03-21", "close": 94.169998, "volume": 131484, "typical_volume": 257560.65, "trend": 133.623667, "fair_value": 158.733718, "relative_strength": -33.3217, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.617812, "energy": 86.587101, "activity_lines": [ 93.602, 102.099272, 117.45919, 125.232537 ] }, { "date": "2025-03-28", "close": 85.379997, "volume": 168769, "typical_volume": 176191.65, "trend": 131.429333, "fair_value": 158.856026, "relative_strength": -39.273753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.891467, "energy": 88.53697, "activity_lines": [ 90.236665, 97.579999, 113.230523, 122.120042 ] }, { "date": "2025-04-04", "close": 86.970001, "volume": 69149, "typical_volume": 163300.85, "trend": 129.432, "fair_value": 158.980513, "relative_strength": -35.541265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.784292, "energy": 81.573523, "activity_lines": [ 88.759333, 94.233999, 109.494952, 119.251698 ] }, { "date": "2025-04-11", "close": 89.389999, "volume": 122055, "typical_volume": 155676.9, "trend": 127.49, "fair_value": 159.117949, "relative_strength": -32.637065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.975836, "energy": 63.402609, "activity_lines": [ 88.611999, 92.061999, 106.317094, 116.668344 ] }, { "date": "2025-04-18", "close": 91.739998, "volume": 28975, "typical_volume": 145716.7, "trend": 125.804, "fair_value": 159.204744, "relative_strength": -32.970823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.039843, "energy": 60.961366, "activity_lines": [ 89.473332, 91.021817, 103.605523, 114.361892 ] }, { "date": "2025-04-25", "close": 90.629997, "volume": 81604, "typical_volume": 133832.05, "trend": 124.042, "fair_value": 159.308141, "relative_strength": -33.462147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.096866, "energy": 55.372934, "activity_lines": [ 89.839998, 90.403271, 101.114189, 112.092601 ] }, { "date": "2025-05-02", "close": 92.5, "volume": 40305, "typical_volume": 121145.8, "trend": 122.473333, "fair_value": 159.43891, "relative_strength": -32.038206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.188322, "energy": 46.940538, "activity_lines": [ 91.065999, 90.46709, 99.155475, 110.057634 ] }, { "date": "2025-05-09", "close": 85.129997, "volume": 63142, "typical_volume": 118317.75, "trend": 120.627666, "fair_value": 159.571474, "relative_strength": -35.705334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.63926, "energy": 50.918369, "activity_lines": [ 89.360665, 89.431817, 96.783142, 107.648386 ] }, { "date": "2025-05-16", "close": 100.449997, "volume": 115735, "typical_volume": 107173.85, "trend": 119.398, "fair_value": 159.680449, "relative_strength": -26.299133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.269668, "energy": 35.221541, "activity_lines": [ 92.884664, 91.35818, 96.151999, 106.346601 ] }, { "date": "2025-05-23", "close": 100.150002, "volume": 117838, "typical_volume": 102158.85, "trend": 118.567999, "fair_value": 159.847436, "relative_strength": -25.200189, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.534538, "energy": 26.360626, "activity_lines": [ 95.571332, 93.090362, 95.699523, 105.104795 ] }, { "date": "2025-05-30", "close": 96.209999, "volume": 109428, "typical_volume": 97380.1, "trend": 117.138999, "fair_value": 159.920897, "relative_strength": -27.192907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.647844, "energy": 21.94927, "activity_lines": [ 96.383999, 93.919272, 95.078666, 103.662343 ] }, { "date": "2025-06-06", "close": 94.919998, "volume": 129361, "typical_volume": 98153.05, "trend": 115.065333, "fair_value": 159.962372, "relative_strength": -28.338481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.820012, "energy": 21.293013, "activity_lines": [ 96.394666, 94.476544, 94.495285, 102.228859 ] }, { "date": "2025-06-13", "close": 93.489998, "volume": 65858, "typical_volume": 96694.1, "trend": 112.991999, "fair_value": 159.873526, "relative_strength": -27.967017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.334981, "energy": 16.535239, "activity_lines": [ 95.767332, 94.600362, 93.961856, 100.836902 ] }, { "date": "2025-06-20", "close": 92.349998, "volume": 44398, "typical_volume": 94695.75, "trend": 111.393332, "fair_value": 159.749808, "relative_strength": -29.309699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.849659, "energy": 26.046238, "activity_lines": [ 94.202665, 94.398362, 93.481046, 99.50516 ] }, { "date": "2025-06-27", "close": 93.769997, "volume": 43947, "typical_volume": 93887.25, "trend": 109.179332, "fair_value": 159.439038, "relative_strength": -29.117578, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -37.405578, "energy": 26.587218, "activity_lines": [ 93.651331, 94.400725, 93.305903, 98.368171 ] }, { "date": "2025-07-04", "close": 93.349998, "volume": 31587, "typical_volume": 90141.3, "trend": 106.788332, "fair_value": 159.149295, "relative_strength": -28.368417, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -36.964879, "energy": 25.91827, "activity_lines": [ 93.385331, 94.289816, 93.244379, 97.346923 ] }, { "date": "2025-07-11", "close": 93.370003, "volume": 126054, "typical_volume": 90355.2, "trend": 104.799332, "fair_value": 158.885641, "relative_strength": -26.931261, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -35.994969, "energy": 23.916413, "activity_lines": [ 93.316666, 94.13309, 93.261475, 96.481225 ] }, { "date": "2025-07-18", "close": 91.309998, "volume": 77712, "typical_volume": 90463.9, "trend": 103.030332, "fair_value": 158.461987, "relative_strength": -27.502485, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -41.299184, "energy": 24.281933, "activity_lines": [ 92.664666, 93.585999, 93.141332, 95.610945 ] }, { "date": "2025-07-25", "close": 90.519997, "volume": 75087, "typical_volume": 84948.0, "trend": 101.248665, "fair_value": 157.939359, "relative_strength": -27.237276, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -51.730938, "energy": 28.901601, "activity_lines": [ 91.894665, 92.782908, 92.962665, 94.803827 ] }, { "date": "2025-08-01", "close": 83.389999, "volume": 94179, "typical_volume": 86833.35, "trend": 99.241999, "fair_value": 157.440577, "relative_strength": -31.190233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.019825, "energy": 46.101718, "activity_lines": [ 88.869999, 90.863999, 92.115665, 93.651655 ] }, { "date": "2025-08-08", "close": 81.400002, "volume": 57929, "typical_volume": 83155.6, "trend": 97.625999, "fair_value": 156.869103, "relative_strength": -31.381662, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.368009, "energy": 65.722054, "activity_lines": [ 85.874, 88.887999, 91.109999, 92.500558 ] }, { "date": "2025-08-15", "close": 87.099998, "volume": 905984, "typical_volume": 120016.35, "trend": 96.062332, "fair_value": 156.384487, "relative_strength": -26.713806, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.431359, "energy": 56.849349, "activity_lines": [ 85.574666, 88.217635, 90.707999, 91.821461 ] }, { "date": "2025-08-22", "close": 78.800003, "volume": 336551, "typical_volume": 133386.45, "trend": 94.444332, "fair_value": 155.832885, "relative_strength": -33.499992, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.241441, "energy": 69.137765, "activity_lines": [ 82.926667, 86.180363, 89.507333, 90.707763 ] }, { "date": "2025-08-29", "close": 74.639999, "volume": 119492, "typical_volume": 133258.3, "trend": 92.660999, "fair_value": 155.10782, "relative_strength": -35.0985, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.772459, "energy": 74.438405, "activity_lines": [ 79.726, 83.653818, 87.94938, 89.430064 ] }, { "date": "2025-09-05", "close": 74.949997, "volume": 70898, "typical_volume": 135354.45, "trend": 90.958332, "fair_value": 154.161026, "relative_strength": -34.890226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.7872, "energy": 73.2011, "activity_lines": [ 77.687333, 81.505636, 86.49119, 88.287418 ] }, { "date": "2025-09-12", "close": 74.910004, "volume": 57003, "typical_volume": 134124.4, "trend": 89.806666, "fair_value": 153.332244, "relative_strength": -35.12997, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.627005, "energy": 77.255242, "activity_lines": [ 76.198001, 79.692364, 85.109142, 87.252042 ] }, { "date": "2025-09-19", "close": 75.260002, "volume": 106064, "typical_volume": 137412.35, "trend": 88.790333, "fair_value": 152.542564, "relative_strength": -34.679383, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.447413, "energy": 71.889071, "activity_lines": [ 75.258001, 78.278001, 83.835286, 86.313548 ] }, { "date": "2025-09-26", "close": 70.589996, "volume": 100318, "typical_volume": 139271.15, "trend": 87.982666, "fair_value": 151.835128, "relative_strength": -36.357491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.582103, "energy": 69.378294, "activity_lines": [ 73.550666, 76.343818, 82.198761, 85.139333 ] }, { "date": "2025-10-03", "close": 71.440002, "volume": 113847, "typical_volume": 139176.75, "trend": 87.271666, "fair_value": 151.162628, "relative_strength": -35.463487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.809192, "energy": 52.751929, "activity_lines": [ 72.674, 74.940909, 80.712428, 84.072064 ] }, { "date": "2025-10-10", "close": 69.940002, "volume": 65500, "typical_volume": 136559.85, "trend": 86.607333, "fair_value": 150.401667, "relative_strength": -37.016212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.333161, "energy": 54.207325, "activity_lines": [ 71.510668, 73.612182, 79.221381, 82.953892 ] }, { "date": "2025-10-17", "close": 77.730003, "volume": 334819, "typical_volume": 147829.4, "trend": 86.059333, "fair_value": 149.78359, "relative_strength": -30.394004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.566738, "energy": 43.00657, "activity_lines": [ 73.278002, 73.944365, 78.616096, 82.381161 ] }, { "date": "2025-10-24", "close": 73.059998, "volume": 623332, "typical_volume": 172527.95, "trend": 85.648666, "fair_value": 149.119551, "relative_strength": -34.10988, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.319604, "energy": 36.874625, "activity_lines": [ 73.300667, 73.494182, 77.654048, 81.542494 ] }, { "date": "2025-10-31", "close": 68.860001, "volume": 265855, "typical_volume": 182527.8, "trend": 85.044999, "fair_value": 148.476346, "relative_strength": -36.86111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.87445, "energy": 39.442146, "activity_lines": [ 72.070001, 72.535637, 76.396096, 80.459355 ] }, { "date": "2025-11-07", "close": 67.790001, "volume": 63805, "typical_volume": 183498.15, "trend": 84.324999, "fair_value": 147.842628, "relative_strength": -36.167933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.831459, "energy": 39.211683, "activity_lines": [ 70.598001, 71.563273, 75.153524, 79.346129 ] }, { "date": "2025-11-14", "close": 68.18, "volume": 58514, "typical_volume": 184226.5, "trend": 83.539666, "fair_value": 147.391859, "relative_strength": -35.65225, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.392622, "energy": 49.543588, "activity_lines": [ 69.499334, 70.786364, 74.065048, 78.304516 ] }, { "date": "2025-11-21", "close": 64.82, "volume": 76429, "typical_volume": 186468.6, "trend": 82.679333, "fair_value": 146.983013, "relative_strength": -38.211609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.283081, "energy": 69.762254, "activity_lines": [ 67.398, 69.521637, 72.778429, 77.096796 ] }, { "date": "2025-11-28", "close": 70.07, "volume": 755063, "typical_volume": 217919.05, "trend": 81.931666, "fair_value": 146.50141, "relative_strength": -32.267674, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.915731, "energy": 47.767037, "activity_lines": [ 67.907334, 69.394909, 72.127667, 76.28329 ] }, { "date": "2025-12-05", "close": 61.82, "volume": 491182, "typical_volume": 238592.55, "trend": 81.154666, "fair_value": 145.797692, "relative_strength": -38.916878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.743888, "energy": 50.641308, "activity_lines": [ 65.866, 67.862546, 70.802143, 74.985764 ] }, { "date": "2025-12-12", "close": 57.810001, "volume": 96325, "typical_volume": 239654.45, "trend": 79.733333, "fair_value": 145.065385, "relative_strength": -41.419031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.506878, "energy": 51.208997, "activity_lines": [ 62.957334, 65.760546, 69.235143, 73.479656 ] }, { "date": "2025-12-19", "close": 58.5, "volume": 59045, "typical_volume": 237897.75, "trend": 78.345, "fair_value": 144.51218, "relative_strength": -39.345043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.674184, "energy": 50.164006, "activity_lines": [ 60.944, 64.031818, 67.889619, 72.109764 ] }, { "date": "2025-12-26", "close": 60.459999, "volume": 72797, "typical_volume": 238641.15, "trend": 77.153333, "fair_value": 143.896859, "relative_strength": -36.266657, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.576096, "energy": 55.85366, "activity_lines": [ 60.229333, 62.867455, 66.849286, 70.955893 ] }, { "date": "2026-01-02", "close": 60.259998, "volume": 59074, "typical_volume": 196295.65, "trend": 75.998, "fair_value": 143.277692, "relative_strength": -35.918779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.976812, "energy": 54.157154, "activity_lines": [ 59.738666, 61.980727, 65.889619, 69.866 ] }, { "date": "2026-01-09", "close": 56.169998, "volume": 74319, "typical_volume": 183184.05, "trend": 74.754, "fair_value": 142.607628, "relative_strength": -37.640687, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.260444, "energy": 49.79906, "activity_lines": [ 58.538665, 60.58309, 64.668238, 68.586774 ] }, { "date": "2026-01-16", "close": 54.130001, "volume": 45858, "typical_volume": 179502.35, "trend": 73.48, "fair_value": 141.96391, "relative_strength": -38.698082, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.032535, "energy": 53.851372, "activity_lines": [ 57.035333, 59.045272, 63.360333, 67.256194 ] }, { "date": "2026-01-23", "close": 51.369999, "volume": 51724, "typical_volume": 178543.65, "trend": 72.066667, "fair_value": 141.312756, "relative_strength": -39.144613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.127601, "energy": 67.856508, "activity_lines": [ 54.857333, 57.253999, 61.887238, 65.829742 ] }, { "date": "2026-01-30", "close": 51.080002, "volume": 26813, "typical_volume": 177034.15, "trend": 70.657667, "fair_value": 140.681539, "relative_strength": -38.941862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.636597, "energy": 75.336771, "activity_lines": [ 53.058, 55.715636, 60.49881, 64.475764 ] }, { "date": "2026-02-06", "close": 51.68, "volume": 48186, "typical_volume": 174140.25, "trend": 69.268, "fair_value": 139.996474, "relative_strength": -37.915357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.040834, "energy": 71.566797, "activity_lines": [ 52.084, 54.536182, 59.281, 63.251398 ] }, { "date": "2026-02-13", "close": 51.099998, "volume": 28570, "typical_volume": 170552.85, "trend": 67.927667, "fair_value": 139.258333, "relative_strength": -37.041342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.865833, "energy": 66.135879, "activity_lines": [ 51.488666, 53.585636, 58.120238, 62.079269 ] }, { "date": "2026-02-20", "close": 48.470001, "volume": 32066, "typical_volume": 166463.8, "trend": 66.526, "fair_value": 138.560705, "relative_strength": -39.514093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.572685, "energy": 58.408774, "activity_lines": [ 50.354667, 52.351818, 56.801809, 60.823935 ] }, { "date": "2026-02-27", "close": 46.400002, "volume": 36872, "typical_volume": 165032.4, "trend": 65.293, "fair_value": 137.852692, "relative_strength": -40.299428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.753213, "energy": 75.968686, "activity_lines": [ 48.908001, 50.911455, 55.395619, 59.525484 ] }, { "date": "2026-03-06", "close": 40.84, "volume": 60603, "typical_volume": 151321.6, "trend": 63.941, "fair_value": 137.162885, "relative_strength": -45.051844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.616509, "energy": 91.778252, "activity_lines": [ 45.939334, 48.680182, 53.572, 57.947871 ] }, { "date": "2026-03-13", "close": 36.290001, "volume": 149950, "typical_volume": 127652.5, "trend": 62.247334, "fair_value": 136.425962, "relative_strength": -47.623103, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.21657, "energy": 95.338658, "activity_lines": [ 42.136667, 45.978364, 51.490714, 56.163936 ] }, { "date": "2026-03-20", "close": 37.93, "volume": 130956, "typical_volume": 120907.55, "trend": 60.885, "fair_value": 135.731603, "relative_strength": -44.313534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.275157, "energy": 91.109233, "activity_lines": [ 39.906667, 44.010546, 49.740714, 54.595075 ] }, { "date": "2026-03-27", "close": 33.310001, "volume": 85674, "typical_volume": 122001.0, "trend": 59.507334, "fair_value": 135.033269, "relative_strength": -49.752604, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.284, "energy": 93.741521, "activity_lines": [ 37.014667, 41.534364, 47.698, 52.816043 ] }, { "date": "2026-04-03", "close": 35.830002, "volume": 51293, "typical_volume": 121639.95, "trend": 58.203334, "fair_value": 134.291795, "relative_strength": -44.888042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.941737, "energy": 83.557091, "activity_lines": [ 35.973334, 39.89491, 46.059477, 51.288473 ] }, { "date": "2026-04-10", "close": 51.810001, "volume": 420907, "typical_volume": 138863.85, "trend": 57.433334, "fair_value": 133.546667, "relative_strength": -23.838852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.216551, "energy": 50.299003, "activity_lines": [ 40.963334, 41.443455, 46.096905, 50.876 ] }, { "date": "2026-04-17", "close": 50.189999, "volume": 158569, "typical_volume": 109039.15, "trend": 56.597667, "fair_value": 132.826731, "relative_strength": -26.242746, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.575559, "energy": 30.964883, "activity_lines": [ 44.682, 42.684182, 46.042, 50.408688 ] }, { "date": "2026-04-24", "close": 46.02, "volume": 79597, "typical_volume": 88459.9, "trend": 55.778667, "fair_value": 132.113397, "relative_strength": -30.195403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.254012, "energy": 27.489183, "activity_lines": [ 46.084, 43.193819, 45.684619, 49.726258 ] }, { "date": "2026-05-01", "close": 45.5, "volume": 31470, "typical_volume": 85217.15, "trend": 54.914, "fair_value": 131.422051, "relative_strength": -30.34647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.599747, "energy": 29.544331, "activity_lines": [ 46.773333, 43.701273, 45.352953, 49.063119 ] }, { "date": "2026-05-08", "close": 45.59, "volume": 44781, "typical_volume": 84503.95, "trend": 54.102334, "fair_value": 130.721987, "relative_strength": -29.902125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.737372, "energy": 21.650742, "activity_lines": [ 46.68, 44.279091, 45.088477, 48.46157 ] }, { "date": "2026-05-15", "close": 45.009998, "volume": 33806, "typical_volume": 82554.4, "trend": 53.011667, "fair_value": 129.990961, "relative_strength": -28.150498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.137326, "energy": 15.302976, "activity_lines": [ 45.742666, 44.766182, 44.830238, 47.874968 ] }, { "date": "2026-05-22", "close": 44.860001, "volume": 30644, "typical_volume": 81132.9, "trend": 52.071667, "fair_value": 129.153846, "relative_strength": -27.49344, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.684311, "energy": 14.252848, "activity_lines": [ 45.208666, 45.150182, 44.631286, 47.349054 ] }, { "date": "2026-05-29", "close": 43.509998, "volume": 31571, "typical_volume": 78995.5, "trend": 51.226667, "fair_value": 128.251026, "relative_strength": -28.081755, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.274112, "energy": 21.104582, "activity_lines": [ 44.579999, 45.132909, 44.377095, 46.796688 ] }, { "date": "2026-06-05", "close": 40.709999, "volume": 4447, "typical_volume": 76924.95, "trend": 50.324, "fair_value": 127.479936, "relative_strength": -31.129635, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.389404, "energy": 29.632168, "activity_lines": [ 43.185332, 44.50509, 43.916524, 46.118193 ] }, { "date": "2026-06-12", "close": 39.029999, "volume": 7464, "typical_volume": 74711.95, "trend": 49.352333, "fair_value": 126.697756, "relative_strength": -33.612918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.295482, "energy": 45.185934, "activity_lines": [ 41.549999, 43.437272, 43.359857, 45.389548 ] }, { "date": "2026-06-19", "close": 43.009998, "volume": 1931, "typical_volume": 73467.85, "trend": 48.625333, "fair_value": 125.937884, "relative_strength": -26.967471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.509986, "energy": 43.371774, "activity_lines": [ 41.678665, 43.034908, 43.241, 44.980365 ] }, { "date": "2026-06-26", "close": 42.029999, "volume": 0, "typical_volume": 71058.55, "trend": 47.690666, "fair_value": 124.940961, "relative_strength": -27.675434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.828404, "energy": 43.846615, "activity_lines": [ 41.613999, 42.614363, 43.067238, 44.55486 ] }, { "date": "2026-07-03", "close": 40.509998, "volume": 5369, "typical_volume": 69898.5, "trend": 46.980333, "fair_value": 123.777243, "relative_strength": -29.791806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.605919, "energy": 39.975309, "activity_lines": [ 41.231332, 42.065817, 42.794666, 44.091591 ] }, { "date": "2026-07-10", "close": 39.990002, "volume": 19221, "typical_volume": 69256.25, "trend": 46.386333, "fair_value": 122.687115, "relative_strength": -29.332015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.435452, "energy": 41.171479, "activity_lines": [ 40.875333, 41.522908, 42.523, 43.640602 ] }, { "date": "2026-07-17", "close": 38.650002, "volume": 24821, "typical_volume": 68653.7, "trend": 45.724667, "fair_value": 121.588718, "relative_strength": -30.881296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.952858, "energy": 56.772779, "activity_lines": [ 40.120667, 40.836545, 42.164095, 43.141484 ] }, { "date": "2026-07-24", "close": 37.73, "volume": 19597, "typical_volume": 66603.4, "trend": 44.967, "fair_value": 120.553013, "relative_strength": -29.707205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.600044, "energy": 68.001759, "activity_lines": [ 39.084667, 40.109091, 41.754476, 42.625699 ] }, { "date": "2026-07-31", "close": 37.240002, "volume": 22948, "typical_volume": 60253.3, "trend": 44.199667, "fair_value": 119.529872, "relative_strength": -31.280532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.252025, "energy": 70.688305, "activity_lines": [ 38.237335, 39.424909, 41.313, 42.127183 ] }, { "date": "2026-08-07", "close": 36.360001, "volume": 26539, "typical_volume": 55032.45, "trend": 43.539333, "fair_value": 118.501731, "relative_strength": -32.325254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.651513, "energy": 74.6206, "activity_lines": [ 37.416001, 38.719273, 40.783191, 41.621398 ] } ], "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." } } }