{ "ticker": { "uuid": "e750aa85-f0e8-4e1d-90c2-0310f877a28b", "symbol": "INNOVANA", "name": "INNOVANA THINKLABS LTD", "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": -34.268, "architecture_energy": 18.097, "architecture_maturity": 56.81, "architecture_confidence": 69.7, "architecture_tenure": "Developing", "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": 47.4, "rotation_up": 26.11, "upward_expansion": 18.65, "deceleration": 45.48, "rotation_down": 22.13, "downward_expansion": 52.65 }, "activity_lines": [ 332.089998, 327.986362, 337.779522, 347.456344 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 330.0, "trend_reference": 358.72, "distance_from_trend": -0.080062, "trend_direction": "Weakening", "fair_value": 470.388432, "distance_from_fair_value": -0.298452, "fair_value_direction": "Weakening", "relative_strength": -18.858398, "relative_strength_direction": "Weakening", "price_momentum": -0.085619, "excess_performance": -0.04191, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.080062, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.100235, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.298452, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.128688, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.188584, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.096241, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.085619, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.294152, "read": "Supply-led" } ], "volume": { "latest": 11248, "relative_activity": 0.306925, "balance": 0.294152, "dry_up": 0.436253, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.088205, "annualized_volatility": 0.356665, "from_high_reference": -0.415722, "from_low_reference": 0.094346 }, "levels": { "trend_reference": 358.72, "fair_value_reference": 470.388432, "structural_low": 301.549988, "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": 22, "median_return": -0.003801, "positive_rate": 0.454545, "directional_follow_through": 0.545455, "median_excess_return": 0.011671, "regime_survival": 0.818182, "best_return": 0.460532, "worst_return": -0.180469, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.057391, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.068738, "regime_survival": 0.75, "best_return": 0.765383, "worst_return": -0.214352, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.134, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.177105, "regime_survival": 0.6, "best_return": 0.987783, "worst_return": -0.256306, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.147705, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.126663, "regime_survival": 0.666667, "best_return": 1.768902, "worst_return": -0.3223, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-01", "end": "2023-12-15", "tenure": "New", "return": 0.026549, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-12-22", "end": "2024-04-12", "tenure": "Established", "return": 0.008637, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-04-19", "end": "2024-04-26", "tenure": "New", "return": 0.04, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-05-03", "end": "2024-05-17", "tenure": "New", "return": -0.172587, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-24", "end": "2024-07-12", "tenure": "Developing", "return": -0.071038, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-19", "end": "2025-05-30", "tenure": "Extended", "return": -0.288515, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-06-20", "tenure": "New", "return": 0.172761, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-27", "end": "2025-07-11", "tenure": "New", "return": 0.182733, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-08-15", "tenure": "Developing", "return": -0.100384, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-11-28", "tenure": "Established", "return": -0.092348, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-05", "end": "2025-12-19", "tenure": "New", "return": -0.031595, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-26", "end": "2026-04-24", "tenure": "Established", "return": -0.069301, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-06-05", "tenure": "Developing", "return": -0.208338, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.024686, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 589.765869, "volume": 93600, "typical_volume": 38360.0, "trend": 334.637151, "fair_value": 161.667483, "relative_strength": 99.752001, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.722225, "energy": 96.508356, "activity_lines": [ 455.935657, 407.226513, 369.816755, 353.664382 ] }, { "date": "2023-08-25", "close": 763.446899, "volume": 97200, "typical_volume": 42840.0, "trend": 350.10601, "fair_value": 166.181284, "relative_strength": 149.100312, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 99.492087, "energy": 99.541051, "activity_lines": [ 570.743408, 477.136937, 409.58906, 381.329527 ] }, { "date": "2023-09-01", "close": 709.718262, "volume": 39200, "typical_volume": 42780.0, "trend": 364.533616, "fair_value": 170.39613, "relative_strength": 121.767431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.33792, "energy": 96.86424, "activity_lines": [ 640.069228, 529.449809, 442.152324, 404.530318 ] }, { "date": "2023-09-08", "close": 714.716248, "volume": 20400, "typical_volume": 42660.0, "trend": 380.00664, "fair_value": 174.589346, "relative_strength": 111.818153, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.8076, "energy": 92.874145, "activity_lines": [ 686.94395, 576.05585, 473.253547, 427.122745 ] }, { "date": "2023-09-15", "close": 633.998291, "volume": 90800, "typical_volume": 45880.0, "trend": 391.462091, "fair_value": 178.312809, "relative_strength": 79.530373, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.515218, "energy": 88.537834, "activity_lines": [ 684.97806, 601.169514, 494.755486, 443.509304 ] }, { "date": "2023-09-22", "close": 629.75, "volume": 10400, "typical_volume": 45260.0, "trend": 400.47518, "fair_value": 182.025929, "relative_strength": 78.483015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.556081, "energy": 66.884397, "activity_lines": [ 667.451689, 620.162885, 514.257506, 458.882717 ] }, { "date": "2023-09-29", "close": 604.450012, "volume": 11200, "typical_volume": 45420.0, "trend": 409.128077, "fair_value": 185.622644, "relative_strength": 68.100449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.843551, "energy": 60.249744, "activity_lines": [ 638.826379, 629.212925, 529.779675, 472.042384 ] }, { "date": "2023-10-06", "close": 565.0, "volume": 18000, "typical_volume": 46280.0, "trend": 416.299373, "fair_value": 189.008777, "relative_strength": 54.172281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.910443, "energy": 41.025868, "activity_lines": [ 607.650859, 626.461346, 540.103891, 482.098637 ] }, { "date": "2023-10-13", "close": 554.0, "volume": 9600, "typical_volume": 45820.0, "trend": 423.852873, "fair_value": 192.303561, "relative_strength": 47.745423, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.120161, "energy": 29.885008, "activity_lines": [ 582.456555, 617.76362, 548.127537, 490.982548 ] }, { "date": "2023-10-20", "close": 555.0, "volume": 7600, "typical_volume": 36780.0, "trend": 431.92368, "fair_value": 195.606019, "relative_strength": 46.5606, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.973046, "energy": 27.121695, "activity_lines": [ 568.310002, 606.187654, 555.05418, 499.443653 ] }, { "date": "2023-10-27", "close": 508.600006, "volume": 47200, "typical_volume": 38020.0, "trend": 438.51446, "fair_value": 198.604253, "relative_strength": 35.236984, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.159752, "energy": 25.740451, "activity_lines": [ 543.963336, 583.754099, 556.622528, 504.390513 ] }, { "date": "2023-11-03", "close": 590.0, "volume": 44000, "typical_volume": 39620.0, "trend": 447.377083, "fair_value": 202.124441, "relative_strength": 52.181914, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.867765, "energy": 21.980255, "activity_lines": [ 554.826668, 577.596286, 565.060264, 514.163773 ] }, { "date": "2023-11-10", "close": 596.950012, "volume": 7000, "typical_volume": 37450.0, "trend": 457.184423, "fair_value": 205.698492, "relative_strength": 49.525582, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.165474, "energy": 19.420382, "activity_lines": [ 568.970005, 575.855692, 572.935468, 523.81364 ] }, { "date": "2023-11-17", "close": 561.0, "volume": 600, "typical_volume": 36320.0, "trend": 465.443568, "fair_value": 209.043673, "relative_strength": 36.116683, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.273298, "energy": 15.954926, "activity_lines": [ 569.000004, 569.629063, 576.191207, 530.511419 ] }, { "date": "2023-11-24", "close": 601.400024, "volume": 7600, "typical_volume": 36480.0, "trend": 475.524191, "fair_value": 212.665191, "relative_strength": 42.938638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.157618, "energy": 31.984107, "activity_lines": [ 582.030011, 573.542734, 582.241306, 539.282803 ] }, { "date": "2023-12-01", "close": 565.0, "volume": 7000, "typical_volume": 36290.0, "trend": 484.35816, "fair_value": 216.038854, "relative_strength": 29.551618, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.412539, "energy": 27.560667, "activity_lines": [ 579.833341, 571.430915, 583.579331, 545.055436 ] }, { "date": "2023-12-08", "close": 580.0, "volume": 8200, "typical_volume": 36400.0, "trend": 493.628822, "fair_value": 219.47363, "relative_strength": 27.005063, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.348017, "energy": 24.241951, "activity_lines": [ 578.876672, 573.223642, 585.254817, 551.225877 ] }, { "date": "2023-12-15", "close": 580.0, "volume": 11200, "typical_volume": 35680.0, "trend": 502.899483, "fair_value": 222.93587, "relative_strength": 22.727311, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.704204, "energy": 23.383119, "activity_lines": [ 578.58667, 575.460914, 585.834403, 556.798211 ] }, { "date": "2023-12-22", "close": 521.0, "volume": 10800, "typical_volume": 30340.0, "trend": 510.145168, "fair_value": 226.038373, "relative_strength": 9.82934, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.249023, "energy": 5.426781, "activity_lines": [ 559.760002, 566.698186, 579.689999, 557.965987 ] }, { "date": "2023-12-29", "close": 560.049988, "volume": 6200, "typical_volume": 27390.0, "trend": 516.888235, "fair_value": 229.380621, "relative_strength": 14.699143, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.220807, "energy": 10.813625, "activity_lines": [ 556.616663, 565.635455, 576.62034, 561.185652 ] }, { "date": "2024-01-05", "close": 570.0, "volume": 7400, "typical_volume": 23080.0, "trend": 525.115846, "fair_value": 232.775602, "relative_strength": 15.658828, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.060407, "energy": 10.109167, "activity_lines": [ 559.546663, 566.29, 573.840122, 564.612218 ] }, { "date": "2024-01-12", "close": 644.0, "volume": 182600, "typical_volume": 27350.0, "trend": 535.486917, "fair_value": 236.65757, "relative_strength": 28.24941, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.933584, "energy": 24.644566, "activity_lines": [ 586.809998, 579.282727, 578.201647, 572.282163 ] }, { "date": "2024-01-19", "close": 599.0, "volume": 33400, "typical_volume": 27060.0, "trend": 543.924827, "fair_value": 240.232134, "relative_strength": 19.869102, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.663993, "energy": 26.171994, "activity_lines": [ 594.806665, 583.111818, 578.846253, 576.379782 ] }, { "date": "2024-01-26", "close": 580.0, "volume": 15000, "typical_volume": 26790.0, "trend": 551.930991, "fair_value": 243.684115, "relative_strength": 16.548448, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.665454, "energy": 23.689415, "activity_lines": [ 595.203333, 583.44909, 578.208565, 578.707212 ] }, { "date": "2024-02-02", "close": 567.0, "volume": 16000, "typical_volume": 23050.0, "trend": 559.502155, "fair_value": 247.045501, "relative_strength": 10.372623, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.728851, "energy": 19.86115, "activity_lines": [ 587.333333, 581.077272, 576.974287, 579.679406 ] }, { "date": "2024-02-09", "close": 603.150024, "volume": 15600, "typical_volume": 23310.0, "trend": 568.4116, "fair_value": 250.618415, "relative_strength": 16.492141, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.422873, "energy": 18.132574, "activity_lines": [ 591.050008, 585.90364, 579.501908, 582.495398 ] }, { "date": "2024-02-16", "close": 592.25, "volume": 9200, "typical_volume": 23210.0, "trend": 576.491229, "fair_value": 254.111827, "relative_strength": 12.077502, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.768934, "energy": 14.516725, "activity_lines": [ 588.92334, 588.054549, 581.118098, 584.033359 ] }, { "date": "2024-02-23", "close": 599.5, "volume": 10600, "typical_volume": 22840.0, "trend": 584.875834, "fair_value": 257.65787, "relative_strength": 11.994818, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.564313, "energy": 10.694344, "activity_lines": [ 592.663338, 591.300912, 583.48286, 585.517796 ] }, { "date": "2024-03-01", "close": 585.0, "volume": 14200, "typical_volume": 23070.0, "trend": 591.519272, "fair_value": 261.115858, "relative_strength": 8.10113, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.482542, "energy": 5.66142, "activity_lines": [ 591.53667, 591.556366, 584.302383, 585.525807 ] }, { "date": "2024-03-08", "close": 580.0, "volume": 19200, "typical_volume": 23650.0, "trend": 596.791521, "fair_value": 264.565471, "relative_strength": 5.960718, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.632963, "energy": 10.924084, "activity_lines": [ 588.410002, 589.739094, 584.498097, 584.782628 ] }, { "date": "2024-03-15", "close": 515.5, "volume": 31200, "typical_volume": 22850.0, "trend": 594.315992, "fair_value": 267.603516, "relative_strength": -4.134968, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.55499, "energy": 34.614793, "activity_lines": [ 562.916667, 575.83182, 578.431907, 579.538014 ] }, { "date": "2024-03-22", "close": 569.75, "volume": 32400, "typical_volume": 22270.0, "trend": 587.859429, "fair_value": 270.943227, "relative_strength": 4.996335, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.663383, "energy": 29.09702, "activity_lines": [ 561.35, 572.779093, 577.499525, 577.953111 ] }, { "date": "2024-03-29", "close": 540.0, "volume": 53800, "typical_volume": 24610.0, "trend": 582.202154, "fair_value": 274.098547, "relative_strength": -1.99379, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.334184, "energy": 41.55296, "activity_lines": [ 551.366667, 565.667274, 573.830239, 574.865406 ] }, { "date": "2024-04-05", "close": 550.0, "volume": 13600, "typical_volume": 25260.0, "trend": 576.711612, "fair_value": 277.277877, "relative_strength": -1.468755, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.165579, "energy": 43.673334, "activity_lines": [ 548.683333, 561.446365, 571.384525, 572.787847 ] }, { "date": "2024-04-12", "close": 525.5, "volume": 7600, "typical_volume": 25260.0, "trend": 573.095002, "fair_value": 280.225969, "relative_strength": -6.343343, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.014413, "energy": 45.158338, "activity_lines": [ 540.166667, 553.316364, 566.657858, 569.483873 ] }, { "date": "2024-04-19", "close": 500.0, "volume": 7600, "typical_volume": 25290.0, "trend": 568.770002, "fair_value": 282.920312, "relative_strength": -9.724355, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.475729, "energy": 59.364276, "activity_lines": [ 526.783333, 541.304545, 559.864049, 564.768066 ] }, { "date": "2024-04-26", "close": 520.0, "volume": 4000, "typical_volume": 25080.0, "trend": 565.955002, "fair_value": 285.66015, "relative_strength": -7.727719, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.977861, "energy": 53.837642, "activity_lines": [ 521.1, 534.804545, 555.284525, 561.621614 ] }, { "date": "2024-05-03", "close": 667.200012, "volume": 122600, "typical_volume": 30650.0, "trend": 569.361669, "fair_value": 289.384617, "relative_strength": 16.927587, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -5.832862, "energy": 4.213361, "activity_lines": [ 567.800004, 556.38182, 565.009764, 568.15355 ] }, { "date": "2024-05-10", "close": 587.0, "volume": 38800, "typical_volume": 32050.0, "trend": 570.461669, "fair_value": 292.622604, "relative_strength": 4.036014, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -4.174457, "energy": 9.142408, "activity_lines": [ 579.28667, 562.146366, 566.681668, 569.291507 ] }, { "date": "2024-05-17", "close": 552.049988, "volume": 24600, "typical_volume": 32970.0, "trend": 570.363335, "fair_value": 295.624714, "relative_strength": -4.521184, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -10.295815, "energy": 13.912838, "activity_lines": [ 576.656665, 561.52, 564.710715, 568.103657 ] }, { "date": "2024-05-24", "close": 549.0, "volume": 4000, "typical_volume": 32800.0, "trend": 571.710002, "fair_value": 298.599381, "relative_strength": -7.597407, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.995659, "energy": 20.379134, "activity_lines": [ 571.239998, 560.847272, 562.487381, 566.725377 ] }, { "date": "2024-05-31", "close": 522.099976, "volume": 16400, "typical_volume": 24490.0, "trend": 569.446667, "fair_value": 301.400034, "relative_strength": -10.718659, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.029851, "energy": 22.383877, "activity_lines": [ 553.58999, 554.674541, 557.802141, 563.52473 ] }, { "date": "2024-06-07", "close": 555.0, "volume": 7200, "typical_volume": 23180.0, "trend": 568.048334, "fair_value": 304.357916, "relative_strength": -8.622093, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.249985, "energy": 22.478373, "activity_lines": [ 546.766659, 555.349996, 556.830712, 562.592687 ] }, { "date": "2024-06-14", "close": 564.799988, "volume": 7400, "typical_volume": 22800.0, "trend": 568.175, "fair_value": 307.354943, "relative_strength": -8.136597, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.233809, "energy": 17.201002, "activity_lines": [ 550.68999, 557.534539, 557.00214, 562.383117 ] }, { "date": "2024-06-21", "close": 516.599976, "volume": 74800, "typical_volume": 25740.0, "trend": 565.348332, "fair_value": 310.039049, "relative_strength": -16.315195, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.960169, "energy": 33.383595, "activity_lines": [ 540.026652, 550.686354, 552.655471, 559.055696 ] }, { "date": "2024-06-28", "close": 516.0, "volume": 23400, "typical_volume": 26130.0, "trend": 563.714998, "fair_value": 312.709049, "relative_strength": -18.411985, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.95984, "energy": 35.770051, "activity_lines": [ 531.526656, 543.8909, 548.491662, 555.871932 ] }, { "date": "2024-07-05", "close": 508.100006, "volume": 17800, "typical_volume": 26560.0, "trend": 561.318332, "fair_value": 315.389652, "relative_strength": -20.88682, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.531383, "energy": 38.67522, "activity_lines": [ 522.593329, 535.368175, 543.990472, 552.283868 ] }, { "date": "2024-07-12", "close": 510.0, "volume": 15800, "typical_volume": 26820.0, "trend": 558.984999, "fair_value": 318.038396, "relative_strength": -21.377697, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.547916, "energy": 45.038575, "activity_lines": [ 515.226664, 527.407267, 540.070948, 548.973008 ] }, { "date": "2024-07-19", "close": 505.0, "volume": 8200, "typical_volume": 26520.0, "trend": 558.451665, "fair_value": 320.675765, "relative_strength": -22.401369, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.59213, "energy": 42.659746, "activity_lines": [ 509.193333, 521.39545, 536.101425, 545.490105 ] }, { "date": "2024-07-26", "close": 499.350006, "volume": 10400, "typical_volume": 26080.0, "trend": 556.428333, "fair_value": 323.246611, "relative_strength": -24.340011, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.827981, "energy": 40.590631, "activity_lines": [ 505.263336, 515.847271, 531.974759, 541.677095 ] }, { "date": "2024-08-02", "close": 496.0, "volume": 11000, "typical_volume": 25070.0, "trend": 553.961666, "fair_value": 325.797877, "relative_strength": -24.50804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.787935, "energy": 41.468051, "activity_lines": [ 501.366669, 510.648181, 527.913093, 537.778493 ] }, { "date": "2024-08-09", "close": 525.0, "volume": 26800, "typical_volume": 24790.0, "trend": 549.994999, "fair_value": 328.651372, "relative_strength": -18.936019, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.369039, "energy": 29.660696, "activity_lines": [ 508.470001, 511.685454, 526.706188, 535.909998 ] }, { "date": "2024-08-16", "close": 518.75, "volume": 36000, "typical_volume": 23900.0, "trend": 547.319999, "fair_value": 331.559667, "relative_strength": -19.922975, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.178756, "energy": 22.152502, "activity_lines": [ 512.363334, 511.533636, 525.117141, 533.894192 ] }, { "date": "2024-08-23", "close": 516.0, "volume": 8800, "typical_volume": 23660.0, "trend": 545.186666, "fair_value": 334.435654, "relative_strength": -20.156484, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.136121, "energy": 18.752943, "activity_lines": [ 514.756667, 511.54091, 523.367379, 531.873547 ] }, { "date": "2024-08-30", "close": 510.0, "volume": 27200, "typical_volume": 24640.0, "trend": 543.286666, "fair_value": 337.236086, "relative_strength": -21.429158, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.637903, "energy": 16.584343, "activity_lines": [ 514.416667, 511.344546, 521.208093, 529.603439 ] }, { "date": "2024-09-06", "close": 510.0, "volume": 69400, "typical_volume": 27730.0, "trend": 540.181665, "fair_value": 340.058617, "relative_strength": -19.278092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.232503, "energy": 18.459122, "activity_lines": [ 513.366667, 511.268182, 519.122617, 527.455912 ] }, { "date": "2024-09-13", "close": 497.5, "volume": 6800, "typical_volume": 27870.0, "trend": 537.023332, "fair_value": 342.778724, "relative_strength": -22.129028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.318504, "energy": 27.39175, "activity_lines": [ 507.216667, 509.028182, 515.799046, 524.702256 ] }, { "date": "2024-09-20", "close": 477.0, "volume": 17800, "typical_volume": 22630.0, "trend": 532.939998, "fair_value": 345.390512, "relative_strength": -25.830441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.044874, "energy": 50.524736, "activity_lines": [ 496.066667, 503.253637, 510.630237, 520.829783 ] }, { "date": "2024-09-27", "close": 435.100006, "volume": 23600, "typical_volume": 21870.0, "trend": 527.943332, "fair_value": 347.673195, "relative_strength": -32.612419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.92998, "energy": 68.895381, "activity_lines": [ 473.733335, 490.46091, 502.376666, 514.517526 ] }, { "date": "2024-10-04", "close": 458.75, "volume": 9000, "typical_volume": 21090.0, "trend": 523.901665, "fair_value": 350.084867, "relative_strength": -25.033954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.624826, "energy": 67.525427, "activity_lines": [ 464.676668, 483.239092, 497.09881, 510.05344 ] }, { "date": "2024-10-11", "close": 411.350006, "volume": 48600, "typical_volume": 23320.0, "trend": 520.429999, "fair_value": 352.204159, "relative_strength": -32.025867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.847062, "energy": 77.759672, "activity_lines": [ 443.23667, 468.137275, 487.750953, 502.792043 ] }, { "date": "2024-10-18", "close": 433.0, "volume": 44200, "typical_volume": 24710.0, "trend": 515.871665, "fair_value": 354.497905, "relative_strength": -27.49964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.598382, "energy": 73.021518, "activity_lines": [ 435.590002, 458.510911, 481.120477, 497.151397 ] }, { "date": "2024-10-25", "close": 420.0, "volume": 3600, "typical_volume": 24530.0, "trend": 511.871665, "fair_value": 356.684271, "relative_strength": -27.174417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.384354, "energy": 70.2904, "activity_lines": [ 427.910002, 448.193638, 473.676191, 490.966129 ] }, { "date": "2024-11-01", "close": 527.049988, "volume": 42800, "typical_volume": 26300.0, "trend": 511.106665, "fair_value": 359.556855, "relative_strength": -8.412876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.550769, "energy": 25.812303, "activity_lines": [ 459.71333, 459.135454, 477.07, 491.945375 ] }, { "date": "2024-11-08", "close": 440.0, "volume": 36200, "typical_volume": 24370.0, "trend": 508.256665, "fair_value": 361.73224, "relative_strength": -22.255497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.74949, "energy": 27.376015, "activity_lines": [ 456.369997, 454.04909, 472.353095, 487.357849 ] }, { "date": "2024-11-15", "close": 469.899994, "volume": 8400, "typical_volume": 23620.0, "trend": 507.253332, "fair_value": 364.093718, "relative_strength": -14.205011, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.314119, "energy": 17.801766, "activity_lines": [ 464.243329, 455.671816, 470.848571, 484.883225 ] }, { "date": "2024-11-22", "close": 419.450012, "volume": 19800, "typical_volume": 23720.0, "trend": 503.901665, "fair_value": 366.073195, "relative_strength": -23.807902, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.008824, "energy": 22.304924, "activity_lines": [ 451.396667, 448.850909, 464.75881, 479.218494 ] }, { "date": "2024-11-29", "close": 422.049988, "volume": 20400, "typical_volume": 23950.0, "trend": 495.729998, "fair_value": 368.045928, "relative_strength": -23.382186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.361743, "energy": 34.091723, "activity_lines": [ 440.319997, 443.921816, 459.338809, 473.937741 ] }, { "date": "2024-12-06", "close": 428.600006, "volume": 26600, "typical_volume": 24870.0, "trend": 490.449998, "fair_value": 370.012394, "relative_strength": -23.251403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.387995, "energy": 32.71712, "activity_lines": [ 431.29, 441.182727, 454.961428, 469.606774 ] }, { "date": "2024-12-13", "close": 467.0, "volume": 18800, "typical_volume": 25290.0, "trend": 487.614998, "fair_value": 372.254317, "relative_strength": -16.09775, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.01058, "energy": 29.018518, "activity_lines": [ 441.623334, 445.543636, 454.605, 468.093871 ] }, { "date": "2024-12-20", "close": 446.049988, "volume": 94515, "typical_volume": 29465.75, "trend": 484.183331, "fair_value": 374.368316, "relative_strength": -15.452482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.623369, "energy": 22.866155, "activity_lines": [ 443.17333, 445.945452, 452.40738, 465.412257 ] }, { "date": "2024-12-27", "close": 439.299988, "volume": 46282, "typical_volume": 30439.85, "trend": 481.423332, "fair_value": 376.301451, "relative_strength": -16.999169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.175136, "energy": 20.865493, "activity_lines": [ 444.063326, 444.489086, 449.804759, 462.516557 ] }, { "date": "2025-01-03", "close": 420.100006, "volume": 38252, "typical_volume": 30552.45, "trend": 476.926665, "fair_value": 378.095107, "relative_strength": -20.658575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.132481, "energy": 22.937706, "activity_lines": [ 437.229997, 439.42727, 445.781665, 458.560214 ] }, { "date": "2025-01-10", "close": 430.75, "volume": 193256, "typical_volume": 39775.25, "trend": 472.458332, "fair_value": 380.081567, "relative_strength": -15.847616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.470351, "energy": 24.343549, "activity_lines": [ 434.076664, 436.299998, 443.242617, 455.581074 ] }, { "date": "2025-01-17", "close": 431.299988, "volume": 30149, "typical_volume": 39922.7, "trend": 469.614999, "fair_value": 382.027758, "relative_strength": -14.222854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.027705, "energy": 23.975161, "activity_lines": [ 430.963328, 435.023632, 441.161902, 452.925697 ] }, { "date": "2025-01-24", "close": 420.799988, "volume": 43796, "typical_volume": 38642.5, "trend": 466.441666, "fair_value": 383.903457, "relative_strength": -15.236307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.198609, "energy": 26.234983, "activity_lines": [ 426.729993, 431.996358, 438.455949, 449.776342 ] }, { "date": "2025-01-31", "close": 419.450012, "volume": 72871, "typical_volume": 41946.05, "trend": 463.486666, "fair_value": 385.597873, "relative_strength": -16.398163, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.962801, "energy": 24.969448, "activity_lines": [ 423.729999, 429.616361, 436.046188, 446.744622 ] }, { "date": "2025-02-07", "close": 428.100006, "volume": 27101, "typical_volume": 42411.1, "trend": 460.756666, "fair_value": 387.073507, "relative_strength": -14.124224, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.661541, "energy": 22.953341, "activity_lines": [ 424.936668, 428.80909, 434.831903, 444.461612 ] }, { "date": "2025-02-14", "close": 384.600006, "volume": 9251, "typical_volume": 41693.65, "trend": 456.743333, "fair_value": 388.185254, "relative_strength": -19.993881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.339975, "energy": 36.687128, "activity_lines": [ 411.110004, 419.982728, 429.707618, 439.548279 ] }, { "date": "2025-02-21", "close": 372.399994, "volume": 151590, "typical_volume": 48823.15, "trend": 452.511666, "fair_value": 389.34779, "relative_strength": -21.309685, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.731414, "energy": 45.800069, "activity_lines": [ 396.293335, 409.738181, 423.661903, 434.106773 ] }, { "date": "2025-02-28", "close": 356.950012, "volume": 54019, "typical_volume": 49094.1, "trend": 447.876666, "fair_value": 390.457471, "relative_strength": -21.555569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.140815, "energy": 53.817292, "activity_lines": [ 380.253339, 398.404548, 416.555952, 427.941505 ] }, { "date": "2025-03-07", "close": 342.299988, "volume": 134205, "typical_volume": 53594.35, "trend": 441.786666, "fair_value": 391.380875, "relative_strength": -25.462779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.482307, "energy": 60.735968, "activity_lines": [ 363.586666, 386.027273, 408.313808, 421.130106 ] }, { "date": "2025-03-14", "close": 342.049988, "volume": 51172, "typical_volume": 55972.95, "trend": 435.896665, "fair_value": 392.302677, "relative_strength": -24.420101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.361399, "energy": 59.063914, "activity_lines": [ 351.979995, 375.36818, 400.47976, 414.695482 ] }, { "date": "2025-03-21", "close": 312.549988, "volume": 70399, "typical_volume": 57352.9, "trend": 429.114998, "fair_value": 393.000341, "relative_strength": -32.966648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.103576, "energy": 66.905193, "activity_lines": [ 336.276658, 360.764541, 390.207378, 406.737632 ] }, { "date": "2025-03-28", "close": 296.950012, "volume": 337820, "typical_volume": 72433.9, "trend": 422.013332, "fair_value": 393.44592, "relative_strength": -36.058009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.080402, "energy": 69.088994, "activity_lines": [ 320.176664, 345.473635, 379.470713, 398.210859 ] }, { "date": "2025-04-04", "close": 309.799988, "volume": 123616, "typical_volume": 78194.7, "trend": 415.339998, "fair_value": 394.071014, "relative_strength": -30.764903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.575177, "energy": 63.088972, "activity_lines": [ 313.389994, 334.961815, 370.639045, 390.971288 ] }, { "date": "2025-04-11", "close": 315.549988, "volume": 19338, "typical_volume": 78171.6, "trend": 409.274998, "fair_value": 394.800649, "relative_strength": -28.576591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.092331, "energy": 61.223255, "activity_lines": [ 311.663326, 327.513631, 363.117377, 384.533223 ] }, { "date": "2025-04-18", "close": 338.850006, "volume": 32663, "typical_volume": 78784.75, "trend": 404.669998, "fair_value": 395.581225, "relative_strength": -25.976958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.311989, "energy": 42.403074, "activity_lines": [ 319.486664, 326.190905, 358.309521, 379.989675 ] }, { "date": "2025-04-25", "close": 332.799988, "volume": 81057, "typical_volume": 81507.6, "trend": 401.259998, "fair_value": 396.316331, "relative_strength": -27.184082, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.665409, "energy": 33.233233, "activity_lines": [ 325.506661, 325.390904, 353.321663, 375.3529 ] }, { "date": "2025-05-02", "close": 327.0, "volume": 34470, "typical_volume": 82291.1, "trend": 396.868331, "fair_value": 397.026998, "relative_strength": -28.175438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.157442, "energy": 28.659843, "activity_lines": [ 328.243329, 324.478177, 348.237616, 370.561932 ] }, { "date": "2025-05-09", "close": 332.25, "volume": 23796, "typical_volume": 78755.15, "trend": 394.231664, "fair_value": 397.840592, "relative_strength": -25.007431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.358116, "energy": 23.75897, "activity_lines": [ 330.726664, 325.345451, 344.320235, 366.393008 ] }, { "date": "2025-05-16", "close": 354.75, "volume": 146491, "typical_volume": 83765.6, "trend": 391.623331, "fair_value": 398.815139, "relative_strength": -22.325688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.934571, "energy": 19.014499, "activity_lines": [ 339.213332, 330.752724, 343.087616, 363.845804 ] }, { "date": "2025-05-23", "close": 362.0, "volume": 108146, "typical_volume": 87260.3, "trend": 389.689997, "fair_value": 399.848901, "relative_strength": -19.413099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.82845, "energy": 16.776526, "activity_lines": [ 347.503333, 337.251816, 342.948093, 361.934621 ] }, { "date": "2025-05-30", "close": 359.299988, "volume": 49800, "typical_volume": 80087.5, "trend": 384.098331, "fair_value": 400.919022, "relative_strength": -18.936491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.752178, "energy": 13.729382, "activity_lines": [ 353.349996, 342.897269, 342.828092, 359.973975 ] }, { "date": "2025-06-06", "close": 377.399994, "volume": 33504, "typical_volume": 80255.25, "trend": 382.011664, "fair_value": 402.271268, "relative_strength": -14.914042, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.455705, "energy": 13.536473, "activity_lines": [ 363.463328, 350.983632, 344.772139, 359.541825 ] }, { "date": "2025-06-13", "close": 405.799988, "volume": 65404, "typical_volume": 81335.65, "trend": 379.874997, "fair_value": 403.858915, "relative_strength": -6.684253, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 13.206071, "energy": 26.753659, "activity_lines": [ 379.683325, 362.770904, 349.677614, 361.076555 ] }, { "date": "2025-06-20", "close": 442.600006, "volume": 131416, "typical_volume": 84262.9, "trend": 380.646663, "fair_value": 405.657775, "relative_strength": 0.661499, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 43.565089, "energy": 58.917348, "activity_lines": [ 403.266663, 379.503633, 358.159282, 365.12333 ] }, { "date": "2025-06-27", "close": 516.599976, "volume": 344068, "typical_volume": 100111.25, "trend": 383.79833, "fair_value": 407.829073, "relative_strength": 15.253401, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 56.280482, "energy": 76.503717, "activity_lines": [ 445.65999, 407.380902, 373.578328, 373.894511 ] }, { "date": "2025-07-04", "close": 575.450012, "volume": 466590, "typical_volume": 122978.2, "trend": 388.69333, "fair_value": 410.292415, "relative_strength": 29.031305, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 66.210922, "energy": 86.557984, "activity_lines": [ 497.36333, 442.726359, 394.18071, 386.259136 ] }, { "date": "2025-07-11", "close": 611.0, "volume": 331561, "typical_volume": 131976.75, "trend": 393.49333, "fair_value": 413.116617, "relative_strength": 38.169659, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 91.172267, "energy": 96.144762, "activity_lines": [ 546.506665, 480.123633, 417.259996, 400.601502 ] }, { "date": "2025-07-18", "close": 598.200012, "volume": 154632, "typical_volume": 137007.4, "trend": 398.564997, "fair_value": 416.017541, "relative_strength": 35.7575, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.77795, "energy": 92.032464, "activity_lines": [ 575.810004, 510.029999, 437.984045, 413.808385 ] }, { "date": "2025-07-25", "close": 540.049988, "volume": 156628, "typical_volume": 138128.55, "trend": 401.923331, "fair_value": 418.584089, "relative_strength": 22.989764, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.735177, "energy": 85.598052, "activity_lines": [ 572.903333, 524.528179, 452.021187, 422.936449 ] }, { "date": "2025-08-01", "close": 501.5, "volume": 63627, "typical_volume": 138751.3, "trend": 404.636664, "fair_value": 420.90591, "relative_strength": 15.42971, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.540389, "energy": 59.535567, "activity_lines": [ 550.65, 528.64818, 461.445235, 429.36075 ] }, { "date": "2025-08-08", "close": 522.849976, "volume": 164151, "typical_volume": 143438.9, "trend": 407.706663, "fair_value": 423.393732, "relative_strength": 21.352996, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.312047, "energy": 47.367786, "activity_lines": [ 536.519991, 534.113631, 472.143329, 436.987415 ] }, { "date": "2025-08-15", "close": 538.150024, "volume": 40066, "typical_volume": 128551.2, "trend": 411.268331, "fair_value": 426.020082, "relative_strength": 23.449761, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.059597, "energy": 34.53627, "activity_lines": [ 530.996667, 539.387273, 483.297141, 445.403116 ] }, { "date": "2025-08-22", "close": 511.649994, "volume": 32736, "typical_volume": 124007.2, "trend": 414.296664, "fair_value": 428.458087, "relative_strength": 16.270825, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.909217, "energy": 28.205557, "activity_lines": [ 521.496665, 536.919999, 490.778569, 451.879352 ] }, { "date": "2025-08-29", "close": 501.25, "volume": 17814, "typical_volume": 123931.0, "trend": 417.023331, "fair_value": 430.829425, "relative_strength": 15.93522, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.317777, "energy": 26.068259, "activity_lines": [ 514.3, 530.637272, 496.308331, 457.489245 ] }, { "date": "2025-09-05", "close": 548.049988, "volume": 38151, "typical_volume": 124205.4, "trend": 421.021663, "fair_value": 433.536754, "relative_strength": 24.928891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.593231, "energy": 29.416715, "activity_lines": [ 525.289996, 531.79727, 505.410949, 465.942577 ] }, { "date": "2025-09-12", "close": 540.950012, "volume": 46957, "typical_volume": 122500.4, "trend": 426.23333, "fair_value": 436.191403, "relative_strength": 21.226618, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.212459, "energy": 28.165879, "activity_lines": [ 530.810002, 531.094545, 512.841189, 473.67989 ] }, { "date": "2025-09-19", "close": 546.849976, "volume": 13045, "typical_volume": 121429.15, "trend": 432.04833, "fair_value": 438.711186, "relative_strength": 21.112002, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.923194, "energy": 33.822655, "activity_lines": [ 537.089992, 532.091814, 519.842139, 481.461609 ] }, { "date": "2025-09-26", "close": 487.5, "volume": 30636, "typical_volume": 121771.15, "trend": 436.399996, "fair_value": 440.606706, "relative_strength": 10.536061, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.176489, "energy": 24.722587, "activity_lines": [ 523.006661, 523.464541, 520.143806, 485.039136 ] }, { "date": "2025-10-03", "close": 505.700012, "volume": 18625, "typical_volume": 115377.85, "trend": 441.846663, "fair_value": 442.601111, "relative_strength": 13.318818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.030896, "energy": 16.683117, "activity_lines": [ 516.6, 520.15909, 521.439522, 489.510105 ] }, { "date": "2025-10-10", "close": 502.0, "volume": 15543, "typical_volume": 110747.7, "trend": 447.178331, "fair_value": 444.665672, "relative_strength": 10.35015, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.225541, "energy": 13.953157, "activity_lines": [ 508.663334, 516.805454, 521.664046, 493.390966 ] }, { "date": "2025-10-17", "close": 489.600006, "volume": 12431, "typical_volume": 108879.25, "trend": 453.079998, "fair_value": 446.90385, "relative_strength": 5.664218, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.519549, "energy": 14.460219, "activity_lines": [ 499.663336, 511.188182, 520.040952, 496.127848 ] }, { "date": "2025-10-24", "close": 490.0, "volume": 5826, "typical_volume": 107495.35, "trend": 459.514997, "fair_value": 449.178392, "relative_strength": 5.218212, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.993558, "energy": 12.895203, "activity_lines": [ 494.220003, 506.248182, 517.835476, 498.509784 ] }, { "date": "2025-10-31", "close": 482.0, "volume": 6791, "typical_volume": 104564.7, "trend": 465.254998, "fair_value": 451.215189, "relative_strength": 4.121118, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.165329, "energy": 12.218143, "activity_lines": [ 489.900002, 500.729092, 514.331904, 499.960429 ] }, { "date": "2025-11-07", "close": 481.850006, "volume": 11701, "typical_volume": 98578.95, "trend": 470.798332, "fair_value": 453.085224, "relative_strength": 4.950651, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.845214, "energy": 14.301826, "activity_lines": [ 485.896669, 495.72182, 510.451191, 501.031075 ] }, { "date": "2025-11-14", "close": 481.799988, "volume": 31039, "typical_volume": 82927.5, "trend": 475.563331, "fair_value": 454.884133, "relative_strength": 3.399378, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.2214, "energy": 15.84841, "activity_lines": [ 483.466665, 491.058181, 506.378809, 501.740859 ] }, { "date": "2025-11-21", "close": 474.200012, "volume": 87338, "typical_volume": 63964.9, "trend": 480.276665, "fair_value": 456.587869, "relative_strength": 1.081317, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.249523, "energy": 19.110338, "activity_lines": [ 479.850002, 486.217275, 501.748334, 501.652903 ] }, { "date": "2025-11-28", "close": 464.399994, "volume": 35783, "typical_volume": 49176.0, "trend": 484.856665, "fair_value": 457.86018, "relative_strength": -1.541478, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.164909, "energy": 26.415154, "activity_lines": [ 473.993333, 480.808183, 496.666667, 500.628601 ] }, { "date": "2025-12-05", "close": 439.950012, "volume": 49553, "typical_volume": 43922.05, "trend": 488.446665, "fair_value": 459.006358, "relative_strength": -6.609816, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.040623, "energy": 41.40072, "activity_lines": [ 461.693337, 472.45273, 489.954525, 497.731398 ] }, { "date": "2025-12-12", "close": 443.600006, "volume": 50424, "typical_volume": 38611.85, "trend": 491.408332, "fair_value": 460.19035, "relative_strength": -5.14575, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.089165, "energy": 41.87426, "activity_lines": [ 453.413338, 465.625458, 484.343573, 494.838065 ] }, { "date": "2025-12-19", "close": 426.049988, "volume": 60558, "typical_volume": 38458.4, "trend": 493.543332, "fair_value": 461.287473, "relative_strength": -8.37022, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.429624, "energy": 60.529525, "activity_lines": [ 441.833333, 456.736364, 477.520477, 490.621398 ] }, { "date": "2025-12-26", "close": 416.299988, "volume": 22508, "typical_volume": 31376.25, "trend": 495.443332, "fair_value": 462.469473, "relative_strength": -10.491405, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.664184, "energy": 64.891283, "activity_lines": [ 430.719995, 447.455453, 470.128095, 485.637956 ] }, { "date": "2026-01-02", "close": 420.549988, "volume": 47897, "typical_volume": 31767.8, "trend": 496.881665, "fair_value": 463.534544, "relative_strength": -10.413348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.894476, "energy": 59.010799, "activity_lines": [ 424.883325, 440.279996, 463.647855, 480.806128 ] }, { "date": "2026-01-09", "close": 400.0, "volume": 20671, "typical_volume": 31164.55, "trend": 496.688332, "fair_value": 464.119945, "relative_strength": -12.384772, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.897209, "energy": 64.149002, "activity_lines": [ 415.119993, 430.630905, 455.770475, 474.555698 ] }, { "date": "2026-01-16", "close": 386.299988, "volume": 6120, "typical_volume": 30579.85, "trend": 494.811665, "fair_value": 464.452847, "relative_strength": -15.095577, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.193493, "energy": 67.409376, "activity_lines": [ 403.453325, 419.981813, 447.119997, 467.433869 ] }, { "date": "2026-01-23", "close": 350.5, "volume": 30871, "typical_volume": 30215.85, "trend": 489.274999, "fair_value": 464.780532, "relative_strength": -20.613518, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.117067, "energy": 74.469339, "activity_lines": [ 383.673328, 404.560904, 435.607378, 458.123439 ] }, { "date": "2026-01-30", "close": 341.0, "volume": 18005, "typical_volume": 28768.25, "trend": 481.459999, "fair_value": 465.191493, "relative_strength": -23.228415, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.801594, "energy": 78.587369, "activity_lines": [ 365.76333, 389.799996, 424.130712, 448.55731 ] }, { "date": "2026-02-06", "close": 360.899994, "volume": 38302, "typical_volume": 30031.1, "trend": 473.123332, "fair_value": 465.899021, "relative_strength": -19.564211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.540817, "energy": 69.31736, "activity_lines": [ 359.506663, 381.079086, 415.501426, 440.779245 ] }, { "date": "2026-02-13", "close": 418.200012, "volume": 149498, "typical_volume": 35974.2, "trend": 467.123332, "fair_value": 466.718671, "relative_strength": -5.942133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.253085, "energy": 45.069566, "activity_lines": [ 376.326668, 384.65818, 413.21476, 437.235805 ] }, { "date": "2026-02-20", "close": 431.100006, "volume": 54308, "typical_volume": 37758.35, "trend": 463.491666, "fair_value": 467.17856, "relative_strength": -3.476086, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.021853, "energy": 29.108196, "activity_lines": [ 396.233337, 390.978182, 412.486666, 434.91172 ] }, { "date": "2026-02-27", "close": 403.0, "volume": 39912, "typical_volume": 38976.8, "trend": 460.208332, "fair_value": 467.551232, "relative_strength": -8.347856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.922952, "energy": 20.094074, "activity_lines": [ 403.78667, 392.416364, 409.437618, 431.009032 ] }, { "date": "2026-03-06", "close": 374.950012, "volume": 11694, "typical_volume": 38939.95, "trend": 455.278334, "fair_value": 467.712058, "relative_strength": -12.202652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.238854, "energy": 23.356682, "activity_lines": [ 398.490006, 389.173639, 404.188572, 425.508495 ] }, { "date": "2026-03-13", "close": 375.100006, "volume": 39629, "typical_volume": 40630.1, "trend": 449.843333, "fair_value": 468.017859, "relative_strength": -7.332867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.710026, "energy": 23.67158, "activity_lines": [ 390.980007, 386.710004, 399.499763, 420.335699 ] }, { "date": "2026-03-20", "close": 353.299988, "volume": 103400, "typical_volume": 45460.55, "trend": 444.564999, "fair_value": 468.276989, "relative_strength": -12.762548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.301361, "energy": 40.381327, "activity_lines": [ 375.256667, 381.109093, 393.281905, 414.107096 ] }, { "date": "2026-03-27", "close": 348.200012, "volume": 44838, "typical_volume": 47117.4, "trend": 439.463333, "fair_value": 468.516242, "relative_strength": -13.1617, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.781347, "energy": 56.234107, "activity_lines": [ 362.160004, 375.430004, 387.191191, 407.890001 ] }, { "date": "2026-04-03", "close": 354.0, "volume": 45496, "typical_volume": 47840.25, "trend": 432.995, "fair_value": 468.707772, "relative_strength": -11.500788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.152094, "energy": 55.517263, "activity_lines": [ 356.523336, 371.498185, 382.289287, 402.376237 ] }, { "date": "2026-04-10", "close": 378.100006, "volume": 57365, "typical_volume": 46341.6, "trend": 427.566667, "fair_value": 469.190914, "relative_strength": -10.91718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.161932, "energy": 41.520718, "activity_lines": [ 362.18667, 371.884549, 380.291192, 398.834625 ] }, { "date": "2026-04-17", "close": 388.899994, "volume": 41102, "typical_volume": 46607.55, "trend": 422.301667, "fair_value": 469.676006, "relative_strength": -9.685895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.640921, "energy": 27.988391, "activity_lines": [ 371.24, 373.560002, 379.779287, 396.340001 ] }, { "date": "2026-04-24", "close": 387.450012, "volume": 74859, "typical_volume": 47872.85, "trend": 418.966668, "fair_value": 470.243113, "relative_strength": -8.542871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.116424, "energy": 16.755131, "activity_lines": [ 378.890004, 374.462731, 379.488812, 394.091507 ] }, { "date": "2026-05-01", "close": 405.350006, "volume": 128643, "typical_volume": 51783.8, "trend": 415.621667, "fair_value": 470.918556, "relative_strength": -5.071075, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.201469, "energy": 14.533072, "activity_lines": [ 390.230005, 379.179095, 381.153098, 393.213012 ] }, { "date": "2026-05-08", "close": 391.450012, "volume": 68929, "typical_volume": 52202.35, "trend": 411.936668, "fair_value": 471.492721, "relative_strength": -9.234314, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.031356, "energy": 12.929955, "activity_lines": [ 393.126674, 381.836369, 381.675718, 391.653551 ] }, { "date": "2026-05-15", "close": 370.799988, "volume": 26277, "typical_volume": 52390.8, "trend": 407.976667, "fair_value": 471.934515, "relative_strength": -12.227834, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.443221, "energy": 12.506661, "activity_lines": [ 386.643335, 380.949093, 380.396431, 388.999571 ] }, { "date": "2026-05-22", "close": 357.549988, "volume": 29775, "typical_volume": 51484.7, "trend": 403.561667, "fair_value": 472.28016, "relative_strength": -15.680881, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.127177, "energy": 21.059957, "activity_lines": [ 376.229997, 377.728182, 378.071906, 385.746237 ] }, { "date": "2026-05-29", "close": 335.600006, "volume": 43666, "typical_volume": 52634.45, "trend": 398.681667, "fair_value": 472.138121, "relative_strength": -20.257936, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.139218, "energy": 43.328783, "activity_lines": [ 360.589998, 370.835455, 373.956907, 381.361614 ] }, { "date": "2026-06-05", "close": 320.899994, "volume": 837, "typical_volume": 52370.3, "trend": 393.316667, "fair_value": 472.123559, "relative_strength": -23.047328, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.613588, "energy": 62.674642, "activity_lines": [ 343.506663, 361.591817, 368.748572, 376.343441 ] }, { "date": "2026-06-12", "close": 322.049988, "volume": 4543, "typical_volume": 51053.9, "trend": 387.991667, "fair_value": 472.054214, "relative_strength": -23.379288, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.983728, "energy": 68.769968, "activity_lines": [ 332.43666, 353.053633, 363.96119, 371.745591 ] }, { "date": "2026-06-19", "close": 316.0, "volume": 71966, "typical_volume": 53751.95, "trend": 382.718333, "fair_value": 471.862786, "relative_strength": -25.681657, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.430677, "energy": 73.58344, "activity_lines": [ 323.976662, 343.996361, 358.733095, 367.100968 ] }, { "date": "2026-06-26", "close": 309.600006, "volume": 0, "typical_volume": 51836.85, "trend": 377.558333, "fair_value": 471.6691, "relative_strength": -26.73744, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.530756, "energy": 75.382051, "activity_lines": [ 317.036666, 334.904544, 353.014524, 362.383656 ] }, { "date": "2026-07-03", "close": 325.649994, "volume": 1242, "typical_volume": 44424.05, "trend": 373.748333, "fair_value": 471.577978, "relative_strength": -22.845897, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.768809, "energy": 65.863497, "activity_lines": [ 318.643331, 330.172725, 349.068809, 359.034731 ] }, { "date": "2026-07-10", "close": 320.100006, "volume": 29459, "typical_volume": 43181.6, "trend": 369.631666, "fair_value": 471.476909, "relative_strength": -23.018013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.41935, "energy": 54.617835, "activity_lines": [ 319.063334, 325.555453, 345.035238, 355.573549 ] }, { "date": "2026-07-17", "close": 333.299988, "volume": 32508, "typical_volume": 42811.4, "trend": 366.539999, "fair_value": 471.370748, "relative_strength": -19.336475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.207617, "energy": 39.64428, "activity_lines": [ 323.936664, 324.888179, 342.78738, 353.229569 ] }, { "date": "2026-07-24", "close": 344.350006, "volume": 12218, "typical_volume": 42837.6, "trend": 364.141667, "fair_value": 471.347595, "relative_strength": -13.967665, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.179238, "energy": 24.768323, "activity_lines": [ 331.743333, 327.287271, 341.923809, 351.797957 ] }, { "date": "2026-07-31", "close": 327.899994, "volume": 7976, "typical_volume": 41254.95, "trend": 361.053334, "fair_value": 470.977102, "relative_strength": -19.507213, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.780909, "energy": 22.534083, "activity_lines": [ 332.176664, 327.176362, 339.639284, 349.459785 ] }, { "date": "2026-08-07", "close": 330.0, "volume": 11248, "typical_volume": 36647.35, "trend": 358.72, "fair_value": 470.388432, "relative_strength": -18.858398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.26807, "energy": 18.097406, "activity_lines": [ 332.089998, 327.986362, 337.779522, 347.456344 ] } ], "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." } } }