{ "ticker": { "uuid": "eac1b22d-e4f4-4e63-aec1-44b632bdb116", "symbol": "TBOTEK", "name": "TBO TEK LIMITED", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 48.345, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 81.064, "architecture_energy": 60.672, "architecture_maturity": 25.023, "architecture_confidence": 87.05, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 16.63, "rotation_up": 64.71, "upward_expansion": 82.6, "deceleration": 62.27, "rotation_down": 18.89, "downward_expansion": 9.27 }, "activity_lines": [ 1525.093343, 1497.987285, 1405.235724, 1355.712267 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": 0.666667 }, "latest_close": 1610.900024, "trend_reference": 1331.033341, "distance_from_trend": 0.210263, "trend_direction": "Weakening", "fair_value": 1478.460685, "distance_from_fair_value": 0.089579, "fair_value_direction": "Improving", "relative_strength": 13.471026, "relative_strength_direction": "Improving", "price_momentum": 0.100342, "excess_performance": 0.144051, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.210263, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.043392, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.089579, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.257694, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.13471, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.230572, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.100342, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.428174, "read": "Demand-led" } ], "volume": { "latest": 2934171, "relative_activity": 4.161171, "balance": 2.428174, "dry_up": 2.322109, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.061881, "annualized_volatility": 0.410144, "from_high_reference": -0.087205, "from_low_reference": 0.604163 }, "levels": { "trend_reference": 1331.033341, "fair_value_reference": 1478.460685, "structural_low": 1004.200012, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": -0.006667, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.002763, "regime_survival": 0.666667, "best_return": -0.000197, "worst_return": -0.104674, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": -0.205614, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.186552, "regime_survival": 0.0, "best_return": -0.205614, "worst_return": -0.205614, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": -0.301404, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.211299, "regime_survival": 0.0, "best_return": -0.301404, "worst_return": -0.301404, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-21", "end": "2026-01-30", "tenure": "Developing", "return": -0.185848, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-06", "end": "2026-02-27", "tenure": "New", "return": -0.162705, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-06", "end": "2026-06-26", "tenure": "Established", "return": 0.234409, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-03", "end": "2026-07-31", "tenure": "Developing", "return": 0.003876, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2024-05-17", "close": 1451.650024, "volume": 14486802, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 1387.050049, "volume": 898093, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 1408.0, "volume": 1119517, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 1525.5, "volume": 1155229, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 1606.599976, "volume": 815645, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 1588.099976, "volume": 416704, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 1902.900024, "volume": 3109474, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 1844.050049, "volume": 670894, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 1806.599976, "volume": 344831, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 1732.800049, "volume": 382994, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 1748.900024, "volume": 344946, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 1737.699951, "volume": 350043, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 1732.25, "volume": 309318, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 1575.900024, "volume": 644882, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 1726.849976, "volume": 715251, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 1771.699951, "volume": 404119, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 1837.5, "volume": 379998, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 1794.949951, "volume": 252713, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 1752.550049, "volume": 372511, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 1847.150024, "volume": 198871, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 1749.099976, "volume": 185193, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 1745.75, "volume": 178041, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 1701.0, "volume": 94272, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 1601.849976, "volume": 218605, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 1668.099976, "volume": 189660, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 1704.150024, "volume": 1380103, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 1567.550049, "volume": 169518, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 1520.199951, "volume": 192446, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 1586.599976, "volume": 686699, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 1524.050049, "volume": 1876566, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 1635.599976, "volume": 982165, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 1684.800049, "volume": 725510, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 1704.25, "volume": 455435, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 1790.449951, "volume": 450256, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 1741.300049, "volume": 733631, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 1668.300049, "volume": 454358, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 1597.75, "volume": 366164, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 1558.099976, "volume": 925701, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-07", "close": 1641.099976, "volume": 353297, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-14", "close": 1617.400024, "volume": 418672, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-21", "close": 1493.300049, "volume": 640004, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-28", "close": 1200.849976, "volume": 2025043, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-07", "close": 1365.0, "volume": 1308054, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-14", "close": 1209.5, "volume": 390207, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-21", "close": 1207.25, "volume": 1518076, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-28", "close": 1205.599976, "volume": 1538006, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-04", "close": 1115.199951, "volume": 382444, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-11", "close": 1073.900024, "volume": 1137315, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-18", "close": 1046.199951, "volume": 523821, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-25", "close": 1023.5, "volume": 1650633, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-02", "close": 1075.800049, "volume": 2926030, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-09", "close": 1169.5, "volume": 1591115, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-16", "close": 1237.599976, "volume": 473747, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-23", "close": 1320.900024, "volume": 5192087, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-30", "close": 1304.699951, "volume": 1183382, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-06", "close": 1325.300049, "volume": 1171436, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-13", "close": 1286.900024, "volume": 913893, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-20", "close": 1260.699951, "volume": 338573, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-27", "close": 1392.099976, "volume": 477338, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-04", "close": 1425.300049, "volume": 2001456, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-11", "close": 1325.300049, "volume": 565533, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-18", "close": 1419.199951, "volume": 855383, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-25", "close": 1370.800049, "volume": 422091, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-01", "close": 1415.400024, "volume": 539993, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-08", "close": 1361.699951, "volume": 713846, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-15", "close": 1444.0, "volume": 552874, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-22", "close": 1442.599976, "volume": 322391, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-29", "close": 1307.300049, "volume": 673390, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-05", "close": 1542.0, "volume": 6113173, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-12", "close": 1554.699951, "volume": 4542933, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-19", "close": 1631.199951, "volume": 1990507, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-26", "close": 1494.699951, "volume": 384098, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-03", "close": 1600.5, "volume": 457111, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-10", "close": 1561.599976, "volume": 318339, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-17", "close": 1577.699951, "volume": 421892, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-24", "close": 1598.0, "volume": 239985, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-31", "close": 1483.199951, "volume": 368171, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-07", "close": 1600.0, "volume": 5532135, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-14", "close": 1572.400024, "volume": 428130, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-21", "close": 1710.0, "volume": 3463375, "typical_volume": 1445267.5, "trend": 1427.036662, "fair_value": 1519.218748, "relative_strength": 11.474512, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.953871, "energy": 38.769229, "activity_lines": [ 1613.6, 1592.345443, 1548.875224, 1501.395904 ] }, { "date": "2025-11-28", "close": 1652.300049, "volume": 1520546, "typical_volume": 1493018.15, "trend": 1446.253328, "fair_value": 1520.861728, "relative_strength": 7.25328, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.907345, "energy": 43.262109, "activity_lines": [ 1633.460018, 1604.958183, 1563.32142, 1515.929026 ] }, { "date": "2025-12-05", "close": 1625.300049, "volume": 522594, "typical_volume": 1476378.7, "trend": 1461.446663, "fair_value": 1522.135366, "relative_strength": 5.556493, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.164567, "energy": 47.587028, "activity_lines": [ 1640.700033, 1612.278194, 1573.639045, 1527.480427 ] }, { "date": "2025-12-12", "close": 1659.199951, "volume": 266349, "typical_volume": 1468591.6, "trend": 1475.499996, "fair_value": 1523.786746, "relative_strength": 8.418092, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.697694, "energy": 51.566604, "activity_lines": [ 1649.766675, 1623.387276, 1586.203803, 1540.238704 ] }, { "date": "2025-12-19", "close": 1698.599976, "volume": 960778, "typical_volume": 1489630.85, "trend": 1488.089994, "fair_value": 1525.867856, "relative_strength": 11.556467, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.375375, "energy": 48.722851, "activity_lines": [ 1668.019995, 1640.592727, 1601.147611, 1554.632251 ] }, { "date": "2025-12-26", "close": 1700.400024, "volume": 258618, "typical_volume": 1466869.45, "trend": 1501.279997, "fair_value": 1527.921176, "relative_strength": 11.578758, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.522524, "energy": 48.459454, "activity_lines": [ 1678.460002, 1655.63455, 1614.914281, 1568.329672 ] }, { "date": "2026-01-02", "close": 1638.199951, "volume": 402024, "typical_volume": 1459326.95, "trend": 1511.709993, "fair_value": 1529.203487, "relative_strength": 6.76237, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.164988, "energy": 37.106523, "activity_lines": [ 1668.806649, 1657.136359, 1621.144277, 1577.163217 ] }, { "date": "2026-01-09", "close": 1537.400024, "volume": 406663, "typical_volume": 1463540.55, "trend": 1520.059993, "fair_value": 1529.2977, "relative_strength": 3.202604, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.432366, "energy": 18.39569, "activity_lines": [ 1626.493327, 1639.58, 1616.849519, 1578.820639 ] }, { "date": "2026-01-16", "close": 1520.800049, "volume": 288700, "typical_volume": 1444306.05, "trend": 1528.729997, "fair_value": 1529.201136, "relative_strength": 2.476269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 15.713594, "energy": 13.076319, "activity_lines": [ 1584.506681, 1618.020008, 1610.522381, 1578.868384 ] }, { "date": "2026-01-23", "close": 1443.0, "volume": 418649, "typical_volume": 1159579.85, "trend": 1530.426664, "fair_value": 1528.232584, "relative_strength": 0.126454, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -27.348851, "energy": 28.198442, "activity_lines": [ 1525.813346, 1583.754552, 1595.769049, 1573.337417 ] }, { "date": "2026-01-30", "close": 1392.199951, "volume": 493210, "typical_volume": 957093.7, "trend": 1529.323328, "fair_value": 1526.72111, "relative_strength": -4.073991, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -35.879363, "energy": 44.627211, "activity_lines": [ 1467.22666, 1542.605451, 1576.649045, 1564.419564 ] }, { "date": "2026-02-06", "close": 1464.0, "volume": 521448, "typical_volume": 883640.75, "trend": 1533.946659, "fair_value": 1526.031867, "relative_strength": -0.166746, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.183846, "energy": 51.574425, "activity_lines": [ 1453.119995, 1520.289087, 1565.14095, 1560.205156 ] }, { "date": "2026-02-13", "close": 1520.5, "volume": 705929, "typical_volume": 899732.3, "trend": 1537.323328, "fair_value": 1525.971738, "relative_strength": 4.975802, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.630781, "energy": 44.047028, "activity_lines": [ 1469.459993, 1511.669087, 1559.809999, 1559.33763 ] }, { "date": "2026-02-20", "close": 1358.400024, "volume": 360356, "typical_volume": 894894.55, "trend": 1536.909993, "fair_value": 1524.169892, "relative_strength": -6.190024, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.337963, "energy": 53.923802, "activity_lines": [ 1432.893335, 1475.48182, 1538.918097, 1547.794191 ] }, { "date": "2026-02-27", "close": 1225.800049, "volume": 871144, "typical_volume": 922534.8, "trend": 1530.589994, "fair_value": 1520.995744, "relative_strength": -13.863728, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.259601, "energy": 72.355555, "activity_lines": [ 1362.953353, 1420.654556, 1506.550482, 1527.722581 ] }, { "date": "2026-03-06", "close": 1183.400024, "volume": 866160, "typical_volume": 944748.2, "trend": 1524.646663, "fair_value": 1517.442105, "relative_strength": -14.011756, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.49353, "energy": 82.416208, "activity_lines": [ 1293.360026, 1366.71456, 1471.743818, 1505.323228 ] }, { "date": "2026-03-13", "close": 1162.400024, "volume": 392489, "typical_volume": 952373.4, "trend": 1515.259998, "fair_value": 1513.74375, "relative_strength": -10.681482, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.107047, "energy": 87.650623, "activity_lines": [ 1230.686694, 1318.356381, 1436.814772, 1481.952478 ] }, { "date": "2026-03-20", "close": 1068.099976, "volume": 428875, "typical_volume": 955408.6, "trend": 1502.776664, "fair_value": 1509.149485, "relative_strength": -17.642774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.721241, "energy": 92.266895, "activity_lines": [ 1156.686678, 1261.503646, 1394.979055, 1453.103444 ] }, { "date": "2026-03-27", "close": 1104.699951, "volume": 1066272, "typical_volume": 732115.45, "trend": 1496.023328, "fair_value": 1505.022448, "relative_strength": -13.635547, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.267547, "energy": 87.350715, "activity_lines": [ 1125.046655, 1219.838181, 1358.605716, 1427.421075 ] }, { "date": "2026-04-03", "close": 1093.099976, "volume": 402216, "typical_volume": 730819.75, "trend": 1481.059993, "fair_value": 1500.861615, "relative_strength": -14.125137, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.847348, "energy": 83.766689, "activity_lines": [ 1106.453312, 1183.629086, 1323.48619, 1401.42602 ] }, { "date": "2026-04-10", "close": 1180.300049, "volume": 1453392, "typical_volume": 630320.6, "trend": 1468.579997, "fair_value": 1497.656, "relative_strength": -12.49233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.790883, "energy": 60.501774, "activity_lines": [ 1125.773332, 1169.636368, 1298.953813, 1382.022153 ] }, { "date": "2026-04-17", "close": 1293.800049, "volume": 639464, "typical_volume": 586266.5, "trend": 1457.333333, "fair_value": 1495.637624, "relative_strength": -5.570606, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.50951, "energy": 41.989206, "activity_lines": [ 1183.13335, 1180.132739, 1287.753341, 1370.746027 ] }, { "date": "2026-04-24", "close": 1243.400024, "volume": 556469, "typical_volume": 587960.25, "trend": 1448.956669, "fair_value": 1493.164706, "relative_strength": -7.816872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.77076, "energy": 32.214444, "activity_lines": [ 1214.933358, 1184.560014, 1273.46001, 1356.943878 ] }, { "date": "2026-05-01", "close": 1255.400024, "volume": 226359, "typical_volume": 585960.75, "trend": 1437.453337, "fair_value": 1490.856311, "relative_strength": -7.569457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.513712, "energy": 24.900524, "activity_lines": [ 1239.046696, 1196.207289, 1262.128107, 1344.456353 ] }, { "date": "2026-05-08", "close": 1238.199951, "volume": 262371, "typical_volume": 551040.4, "trend": 1426.673336, "fair_value": 1488.426923, "relative_strength": -9.586193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.609326, "energy": 24.193428, "activity_lines": [ 1247.380005, 1206.600004, 1251.080959, 1331.601296 ] }, { "date": "2026-05-15", "close": 1177.0, "volume": 484337, "typical_volume": 562326.35, "trend": 1413.316671, "fair_value": 1485.460953, "relative_strength": -12.128269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.172775, "energy": 25.57459, "activity_lines": [ 1225.639998, 1205.640003, 1236.397625, 1315.493339 ] }, { "date": "2026-05-22", "close": 1194.599976, "volume": 495031, "typical_volume": 566976.7, "trend": 1399.870003, "fair_value": 1482.716981, "relative_strength": -11.015217, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.808438, "energy": 27.663048, "activity_lines": [ 1209.986654, 1207.996362, 1225.88286, 1301.382584 ] }, { "date": "2026-05-29", "close": 1229.400024, "volume": 321324, "typical_volume": 562709.75, "trend": 1391.410006, "fair_value": 1480.349533, "relative_strength": -7.740004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.23292, "energy": 29.929892, "activity_lines": [ 1212.546663, 1216.094549, 1220.794767, 1290.384521 ] }, { "date": "2026-06-05", "close": 1225.199951, "volume": 29209, "typical_volume": 549735.2, "trend": 1378.916671, "fair_value": 1477.987037, "relative_strength": -7.324774, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.473096, "energy": 26.640196, "activity_lines": [ 1214.639982, 1220.496358, 1216.773333, 1279.661292 ] }, { "date": "2026-06-12", "close": 1352.800049, "volume": 211915, "typical_volume": 539398.5, "trend": 1371.596671, "fair_value": 1476.838532, "relative_strength": 1.038493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.337147, "energy": 7.27593, "activity_lines": [ 1261.280005, 1245.907275, 1226.311909, 1277.976348 ] }, { "date": "2026-06-19", "close": 1489.800049, "volume": 177526, "typical_volume": 523614.3, "trend": 1364.256673, "fair_value": 1476.956364, "relative_strength": 9.024775, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 21.094711, "energy": 35.037534, "activity_lines": [ 1345.946688, 1291.505464, 1249.327627, 1285.602373 ] }, { "date": "2026-06-26", "close": 1460.800049, "volume": 0, "typical_volume": 497541.9, "trend": 1357.87334, "fair_value": 1476.810812, "relative_strength": 6.480642, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 37.444717, "energy": 62.580434, "activity_lines": [ 1400.093368, 1326.203653, 1269.116679, 1291.830977 ] }, { "date": "2026-07-03", "close": 1522.099976, "volume": 103977, "typical_volume": 467444.3, "trend": 1354.433337, "fair_value": 1477.215179, "relative_strength": 9.717659, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.547903, "energy": 71.906445, "activity_lines": [ 1456.926685, 1369.01092, 1294.759056, 1302.426244 ] }, { "date": "2026-07-10", "close": 1504.900024, "volume": 1123195, "typical_volume": 505586.25, "trend": 1349.290006, "fair_value": 1477.460178, "relative_strength": 8.418894, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.548433, "energy": 75.95543, "activity_lines": [ 1488.513355, 1403.623651, 1318.755725, 1312.133773 ] }, { "date": "2026-07-17", "close": 1459.0, "volume": 734691, "typical_volume": 498763.6, "trend": 1341.303341, "fair_value": 1477.298247, "relative_strength": 4.45259, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.67019, "energy": 72.535814, "activity_lines": [ 1486.153345, 1425.354559, 1337.683343, 1319.211837 ] }, { "date": "2026-07-24", "close": 1429.0, "volume": 398579, "typical_volume": 475384.55, "trend": 1332.256673, "fair_value": 1476.878262, "relative_strength": 4.57199, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.821524, "energy": 58.716665, "activity_lines": [ 1466.713338, 1437.616375, 1352.643342, 1324.869686 ] }, { "date": "2026-07-31", "close": 1528.0, "volume": 2482125, "typical_volume": 579866.35, "trend": 1328.583341, "fair_value": 1477.318967, "relative_strength": 8.807466, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.174304, "energy": 56.065327, "activity_lines": [ 1484.326668, 1463.296373, 1375.862389, 1337.498287 ] }, { "date": "2026-08-07", "close": 1610.900024, "volume": 2934171, "typical_volume": 705131.15, "trend": 1331.033341, "fair_value": 1478.460685, "relative_strength": 13.471026, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.06399, "energy": 60.671786, "activity_lines": [ 1525.093343, 1497.987285, 1405.235724, 1355.712267 ] } ], "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." } } }