{ "ticker": { "uuid": "eb55e74c-d9ac-411e-aeb3-4d1821104747", "symbol": "PNC", "name": "Pritish Nandy Communications 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": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -51.316, "architecture_energy": 40.091, "architecture_maturity": 17.963, "architecture_confidence": 89.66, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 38.11, "rotation_up": 12.49, "upward_expansion": 5.83, "deceleration": 44.06, "rotation_down": 59.55, "downward_expansion": 79.17 }, "activity_lines": [ 19.677333, 20.299454, 20.382238, 20.717312 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 19.92, "trend_reference": 21.524334, "distance_from_trend": -0.074536, "trend_direction": "Weakening", "fair_value": 40.743398, "distance_from_fair_value": -0.511086, "fair_value_direction": "Weakening", "relative_strength": -18.720242, "relative_strength_direction": "Weakening", "price_momentum": -0.258653, "excess_performance": -0.214944, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.074536, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.095249, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.511086, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.011989, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.187202, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.00156, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.258653, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.489788, "read": "Supply-led" } ], "volume": { "latest": 77866, "relative_activity": 1.612438, "balance": 0.489788, "dry_up": 2.126278, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.111407, "annualized_volatility": 0.526543, "from_high_reference": -0.509843, "from_low_reference": 0.245 }, "levels": { "trend_reference": 21.524334, "fair_value_reference": 40.743398, "structural_low": 16.0, "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": 17, "median_return": -0.01761, "positive_rate": 0.411765, "directional_follow_through": 0.411765, "median_excess_return": -0.028591, "regime_survival": 0.647059, "best_return": 0.244356, "worst_return": -0.095519, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.068476, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.131847, "regime_survival": 0.25, "best_return": 0.525896, "worst_return": -0.550156, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.031235, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.111627, "regime_survival": 0.333333, "best_return": 0.262948, "worst_return": -0.561719, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.080094, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.228913, "regime_survival": 0.666667, "best_return": 0.12749, "worst_return": -0.605156, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-05-12", "end": "2023-09-08", "tenure": "Established", "return": 0.068063, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-09-15", "end": "2024-03-29", "tenure": "Extended", "return": 0.459569, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-05", "end": "2024-04-26", "tenure": "New", "return": 0.018533, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-03", "end": "2024-08-30", "tenure": "Established", "return": 0.089672, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-06", "end": "2024-10-25", "tenure": "Developing", "return": -0.136278, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-01", "end": "2024-11-29", "tenure": "Developing", "return": -0.015987, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-06", "end": "2024-12-27", "tenure": "New", "return": -0.093906, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-03", "end": "2025-06-27", "tenure": "Established", "return": -0.55404, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-04", "end": "2025-09-05", "tenure": "Developing", "return": 0.214161, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-10-24", "tenure": "Developing", "return": -0.165386, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-31", "end": "2025-12-05", "tenure": "Developing", "return": -0.128921, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-12", "end": "2025-12-19", "tenure": "New", "return": 0.033824, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-26", "end": "2026-06-26", "tenure": "Extended", "return": -0.162162, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.072626, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 38.200001, "volume": 203082, "typical_volume": 173243.85, "trend": 36.038333, "fair_value": 37.898718, "relative_strength": -8.800475, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.623402, "energy": 31.166944, "activity_lines": [ 37.106668, 36.752727, 36.498571, 36.183441 ] }, { "date": "2023-08-25", "close": 36.5, "volume": 281971, "typical_volume": 185410.3, "trend": 35.973333, "fair_value": 38.025962, "relative_strength": -12.149113, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.671492, "energy": 22.563611, "activity_lines": [ 36.933334, 36.749091, 36.499286, 36.213226 ] }, { "date": "2023-09-01", "close": 39.75, "volume": 557674, "typical_volume": 202789.6, "trend": 36.013333, "fair_value": 38.179487, "relative_strength": -4.663003, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 58.280482, "energy": 35.843567, "activity_lines": [ 37.88, 37.346364, 36.798571, 36.456882 ] }, { "date": "2023-09-08", "close": 40.799999, "volume": 468200, "typical_volume": 225157.1, "trend": 36.108333, "fair_value": 38.348077, "relative_strength": -3.62766, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.558503, "energy": 53.562982, "activity_lines": [ 38.973333, 38.054546, 37.183333, 36.765699 ] }, { "date": "2023-09-15", "close": 37.099998, "volume": 321257, "typical_volume": 237809.4, "trend": 36.126667, "fair_value": 38.494231, "relative_strength": -13.378939, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.271197, "energy": 38.384927, "activity_lines": [ 38.609999, 37.995454, 37.199523, 36.829677 ] }, { "date": "2023-09-22", "close": 38.549999, "volume": 435359, "typical_volume": 257683.35, "trend": 36.283333, "fair_value": 38.650962, "relative_strength": -7.08856, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.737249, "energy": 39.666791, "activity_lines": [ 38.636666, 38.175454, 37.360476, 36.986021 ] }, { "date": "2023-09-29", "close": 39.049999, "volume": 127437, "typical_volume": 255285.9, "trend": 36.465, "fair_value": 38.810897, "relative_strength": -5.283824, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.673301, "energy": 31.809875, "activity_lines": [ 38.806666, 38.406363, 37.567619, 37.164516 ] }, { "date": "2023-10-06", "close": 37.900002, "volume": 122127, "typical_volume": 258843.45, "trend": 36.523333, "fair_value": 38.967308, "relative_strength": -7.601145, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.220026, "energy": 20.152908, "activity_lines": [ 38.423333, 38.391818, 37.66119, 37.257097 ] }, { "date": "2023-10-13", "close": 41.0, "volume": 580961, "typical_volume": 284742.15, "trend": 36.751667, "fair_value": 39.148397, "relative_strength": 0.438928, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.173335, "energy": 30.36722, "activity_lines": [ 39.196667, 38.919091, 38.049524, 37.545914 ] }, { "date": "2023-10-20", "close": 39.549999, "volume": 191685, "typical_volume": 283486.35, "trend": 37.033333, "fair_value": 39.316987, "relative_strength": -1.4944, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.453286, "energy": 29.320497, "activity_lines": [ 39.473333, 39.118181, 38.272619, 37.726451 ] }, { "date": "2023-10-27", "close": 37.700001, "volume": 71761, "typical_volume": 271362.55, "trend": 37.258333, "fair_value": 39.480769, "relative_strength": -3.145389, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.55298, "energy": 22.604648, "activity_lines": [ 38.97, 38.910909, 38.288095, 37.769462 ] }, { "date": "2023-11-03", "close": 38.0, "volume": 151348, "typical_volume": 274162.95, "trend": 37.385, "fair_value": 39.645513, "relative_strength": -2.861431, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.467291, "energy": 18.018783, "activity_lines": [ 38.623334, 38.767273, 38.320952, 37.817312 ] }, { "date": "2023-11-10", "close": 40.599998, "volume": 559061, "typical_volume": 298029.25, "trend": 37.515, "fair_value": 39.828526, "relative_strength": 2.996336, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.849447, "energy": 23.114602, "activity_lines": [ 39.213333, 39.069091, 38.596904, 38.024731 ] }, { "date": "2023-11-17", "close": 47.049999, "volume": 2071805, "typical_volume": 389207.5, "trend": 37.836666, "fair_value": 40.043269, "relative_strength": 17.419967, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.288898, "energy": 51.103561, "activity_lines": [ 41.773333, 40.528181, 39.462143, 38.639892 ] }, { "date": "2023-11-24", "close": 44.700001, "volume": 950555, "typical_volume": 433530.95, "trend": 38.043333, "fair_value": 40.235897, "relative_strength": 11.23459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.376189, "energy": 60.056043, "activity_lines": [ 43.146666, 41.446363, 40.049047, 39.082688 ] }, { "date": "2023-12-01", "close": 44.549999, "volume": 267913, "typical_volume": 434138.85, "trend": 38.253333, "fair_value": 40.421474, "relative_strength": 8.369358, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.599429, "energy": 66.20354, "activity_lines": [ 44.126666, 42.199091, 40.579047, 39.502473 ] }, { "date": "2023-12-08", "close": 45.950001, "volume": 459366, "typical_volume": 438391.25, "trend": 38.511666, "fair_value": 40.607692, "relative_strength": 8.097629, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.184147, "energy": 69.789774, "activity_lines": [ 45.116667, 43.097273, 41.203333, 39.999032 ] }, { "date": "2023-12-15", "close": 45.599998, "volume": 183259, "typical_volume": 415705.8, "trend": 38.771666, "fair_value": 40.796795, "relative_strength": 4.956711, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.964504, "energy": 61.404907, "activity_lines": [ 45.459999, 43.806363, 41.751904, 40.456344 ] }, { "date": "2023-12-22", "close": 51.950001, "volume": 2212960, "typical_volume": 517052.95, "trend": 39.326666, "fair_value": 41.020833, "relative_strength": 19.85475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.887662, "energy": 70.582339, "activity_lines": [ 47.586667, 45.53, 42.862857, 41.306559 ] }, { "date": "2023-12-29", "close": 49.700001, "volume": 1097895, "typical_volume": 565783.8, "trend": 39.885, "fair_value": 41.179167, "relative_strength": 12.577055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.208175, "energy": 59.893909, "activity_lines": [ 48.636667, 46.645455, 43.690476, 41.975806 ] }, { "date": "2024-01-05", "close": 53.5, "volume": 851291, "typical_volume": 598194.25, "trend": 40.49, "fair_value": 41.375962, "relative_strength": 21.160855, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.104105, "energy": 66.860854, "activity_lines": [ 50.62, 48.267273, 44.813333, 42.854193 ] }, { "date": "2024-01-12", "close": 52.5, "volume": 505679, "typical_volume": 609379.65, "trend": 41.005, "fair_value": 41.575, "relative_strength": 17.755259, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.913739, "energy": 67.708656, "activity_lines": [ 51.673334, 49.42, 45.768095, 43.629032 ] }, { "date": "2024-01-19", "close": 52.849998, "volume": 735617, "typical_volume": 618276.8, "trend": 41.588333, "fair_value": 41.78109, "relative_strength": 19.777319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.246196, "energy": 57.492099, "activity_lines": [ 52.406666, 50.372727, 46.68, 44.393226 ] }, { "date": "2024-01-26", "close": 55.349998, "volume": 367155, "typical_volume": 613224.55, "trend": 42.246666, "fair_value": 42.013141, "relative_strength": 26.541636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.525771, "energy": 59.193292, "activity_lines": [ 53.489999, 51.557272, 47.767619, 45.281075 ] }, { "date": "2024-02-02", "close": 58.450001, "volume": 1421780, "typical_volume": 668250.7, "trend": 43.003333, "fair_value": 42.26282, "relative_strength": 29.935496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.840514, "energy": 56.038381, "activity_lines": [ 55.379999, 53.154545, 49.08119, 46.326451 ] }, { "date": "2024-02-09", "close": 57.400002, "volume": 914920, "typical_volume": 692228.75, "trend": 43.705, "fair_value": 42.508333, "relative_strength": 27.412083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.477725, "energy": 51.688299, "activity_lines": [ 56.336667, 54.310909, 50.193095, 47.255269 ] }, { "date": "2024-02-16", "close": 58.150002, "volume": 628185, "typical_volume": 717266.15, "trend": 44.408333, "fair_value": 42.765064, "relative_strength": 26.855372, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.193537, "energy": 52.392454, "activity_lines": [ 57.283334, 55.37, 51.286667, 48.187204 ] }, { "date": "2024-02-23", "close": 65.25, "volume": 3702245, "typical_volume": 896272.05, "trend": 45.36, "fair_value": 43.069231, "relative_strength": 39.948625, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.215263, "energy": 64.489911, "activity_lines": [ 60.220001, 57.498182, 52.965476, 49.531828 ] }, { "date": "2024-03-01", "close": 61.900002, "volume": 440910, "typical_volume": 889269.5, "trend": 46.175, "fair_value": 43.332692, "relative_strength": 30.980834, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.558468, "energy": 54.923962, "activity_lines": [ 61.213335, 58.660001, 54.195, 50.598925 ] }, { "date": "2024-03-08", "close": 63.450001, "volume": 364754, "typical_volume": 897922.95, "trend": 47.1, "fair_value": 43.601923, "relative_strength": 32.440039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.172123, "energy": 57.243819, "activity_lines": [ 62.286668, 59.922728, 55.472619, 51.713441 ] }, { "date": "2024-03-15", "close": 58.299999, "volume": 574376, "typical_volume": 923053.7, "trend": 47.77, "fair_value": 43.783974, "relative_strength": 23.563163, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.028039, "energy": 44.524532, "activity_lines": [ 61.31, 59.999091, 56.145953, 52.436022 ] }, { "date": "2024-03-22", "close": 56.450001, "volume": 150640, "typical_volume": 923018.3, "trend": 48.435, "fair_value": 43.902244, "relative_strength": 18.479764, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.235945, "energy": 34.069424, "activity_lines": [ 59.656667, 59.651819, 56.545, 52.996022 ] }, { "date": "2024-03-29", "close": 54.150002, "volume": 124180, "typical_volume": 901274.25, "trend": 48.915, "fair_value": 43.967949, "relative_strength": 11.840027, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.251004, "energy": 20.959489, "activity_lines": [ 57.350001, 58.814546, 56.637143, 53.364732 ] }, { "date": "2024-04-05", "close": 62.049999, "volume": 404290, "typical_volume": 817898.5, "trend": 49.623333, "fair_value": 44.099679, "relative_strength": 26.183606, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.200823, "energy": 21.49809, "activity_lines": [ 58.416667, 59.390001, 57.417143, 54.212151 ] }, { "date": "2024-04-12", "close": 62.400002, "volume": 283328, "typical_volume": 784537.15, "trend": 50.466667, "fair_value": 44.177244, "relative_strength": 26.072488, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.790089, "energy": 23.780993, "activity_lines": [ 59.590001, 59.907274, 58.159048, 55.036452 ] }, { "date": "2024-04-19", "close": 57.650002, "volume": 105938, "typical_volume": 776438.4, "trend": 51.103334, "fair_value": 44.192949, "relative_strength": 17.937845, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.365253, "energy": 20.357547, "activity_lines": [ 59.250001, 59.489092, 58.364286, 55.499893 ] }, { "date": "2024-04-26", "close": 63.200001, "volume": 766600, "typical_volume": 791800.1, "trend": 51.908334, "fair_value": 44.295192, "relative_strength": 26.957, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.037087, "energy": 32.556583, "activity_lines": [ 60.803335, 60.075456, 59.035715, 56.280323 ] }, { "date": "2024-05-03", "close": 62.450001, "volume": 453038, "typical_volume": 805289.05, "trend": 52.726667, "fair_value": 44.410256, "relative_strength": 24.425345, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.726726, "energy": 30.92386, "activity_lines": [ 61.656668, 60.433637, 59.553572, 56.960431 ] }, { "date": "2024-05-10", "close": 60.200001, "volume": 147498, "typical_volume": 702015.95, "trend": 53.366667, "fair_value": 44.535897, "relative_strength": 21.55616, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.521062, "energy": 26.368733, "activity_lines": [ 61.206668, 60.433637, 59.776906, 57.442581 ] }, { "date": "2024-05-17", "close": 58.400002, "volume": 200711, "typical_volume": 657156.75, "trend": 53.995, "fair_value": 44.649359, "relative_strength": 15.248684, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.522931, "energy": 23.627182, "activity_lines": [ 60.280001, 60.137274, 59.789525, 57.767313 ] }, { "date": "2024-05-24", "close": 62.950001, "volume": 515329, "typical_volume": 640358.65, "trend": 54.836667, "fair_value": 44.790385, "relative_strength": 20.712621, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.527747, "energy": 25.402221, "activity_lines": [ 61.136668, 60.760001, 60.194049, 58.345055 ] }, { "date": "2024-05-31", "close": 60.599998, "volume": 506549, "typical_volume": 640402.15, "trend": 55.59, "fair_value": 44.896154, "relative_strength": 17.498457, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.992301, "energy": 16.695953, "activity_lines": [ 60.856667, 60.87091, 60.329763, 58.716882 ] }, { "date": "2024-06-07", "close": 61.0, "volume": 243570, "typical_volume": 615799.8, "trend": 56.27, "fair_value": 45.018269, "relative_strength": 13.734294, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.693157, "energy": 16.493038, "activity_lines": [ 60.883333, 60.979091, 60.465001, 59.065915 ] }, { "date": "2024-06-14", "close": 63.040001, "volume": 212971, "typical_volume": 608090.6, "trend": 56.803001, "fair_value": 45.157308, "relative_strength": 15.9633, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.193379, "energy": 25.447402, "activity_lines": [ 61.686667, 61.333637, 60.755715, 59.502689 ] }, { "date": "2024-06-21", "close": 67.010002, "volume": 1140884, "typical_volume": 594045.8, "trend": 57.546667, "fair_value": 45.324039, "relative_strength": 22.109448, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.863119, "energy": 35.384486, "activity_lines": [ 63.624001, 62.392001, 61.387906, 60.161205 ] }, { "date": "2024-06-28", "close": 65.419998, "volume": 508099, "typical_volume": 573704.75, "trend": 58.242334, "fair_value": 45.465833, "relative_strength": 15.852883, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.408922, "energy": 41.181862, "activity_lines": [ 64.457333, 63.077455, 61.827905, 60.669162 ] }, { "date": "2024-07-05", "close": 66.010002, "volume": 221900, "typical_volume": 553390.5, "trend": 58.911001, "fair_value": 45.625513, "relative_strength": 14.582281, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.488864, "energy": 47.875833, "activity_lines": [ 65.322667, 63.72891, 62.285905, 61.170302 ] }, { "date": "2024-07-12", "close": 69.75, "volume": 800115, "typical_volume": 408284.0, "trend": 59.716001, "fair_value": 45.806282, "relative_strength": 19.235995, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.537998, "energy": 56.634068, "activity_lines": [ 67.074, 65.009273, 63.062667, 61.869592 ] }, { "date": "2024-07-19", "close": 69.120003, "volume": 708678, "typical_volume": 421672.4, "trend": 60.288334, "fair_value": 45.99359, "relative_strength": 17.132484, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.310945, "energy": 50.641604, "activity_lines": [ 68.032001, 66.042364, 63.758001, 62.476302 ] }, { "date": "2024-07-26", "close": 70.209999, "volume": 383463, "typical_volume": 422607.85, "trend": 60.972001, "fair_value": 46.193974, "relative_strength": 16.629284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.115465, "energy": 53.450948, "activity_lines": [ 68.948001, 67.111455, 64.522763, 63.116409 ] }, { "date": "2024-08-02", "close": 68.220001, "volume": 149956, "typical_volume": 401386.85, "trend": 61.462667, "fair_value": 46.391539, "relative_strength": 13.105935, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.544623, "energy": 48.230274, "activity_lines": [ 68.987334, 67.604001, 65.06581, 63.584022 ] }, { "date": "2024-08-09", "close": 68.07, "volume": 288291, "typical_volume": 408269.4, "trend": 61.981667, "fair_value": 46.598077, "relative_strength": 13.623162, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.158395, "energy": 34.660284, "activity_lines": [ 68.79, 67.973455, 65.547334, 64.010302 ] }, { "date": "2024-08-16", "close": 68.639999, "volume": 365701, "typical_volume": 420345.45, "trend": 62.508001, "fair_value": 46.817885, "relative_strength": 13.039998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.031397, "energy": 30.539882, "activity_lines": [ 68.645333, 68.310728, 66.02781, 64.439872 ] }, { "date": "2024-08-23", "close": 69.269997, "volume": 161495, "typical_volume": 408205.7, "trend": 62.972001, "fair_value": 47.041731, "relative_strength": 12.001587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.733442, "energy": 28.826172, "activity_lines": [ 68.784665, 68.623636, 66.499286, 64.876129 ] }, { "date": "2024-08-30", "close": 68.050003, "volume": 118821, "typical_volume": 399980.35, "trend": 63.292001, "fair_value": 47.249744, "relative_strength": 7.688039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.683355, "energy": 23.025736, "activity_lines": [ 68.507333, 68.601455, 66.820191, 65.203742 ] }, { "date": "2024-09-06", "close": 63.400002, "volume": 226251, "typical_volume": 405996.0, "trend": 63.492001, "fair_value": 47.432116, "relative_strength": 1.494776, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.786, "energy": 12.132702, "activity_lines": [ 66.824001, 67.71491, 66.671334, 65.21071 ] }, { "date": "2024-09-13", "close": 69.949997, "volume": 775224, "typical_volume": 406427.2, "trend": 63.885334, "fair_value": 47.626987, "relative_strength": 8.984856, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.466805, "energy": 18.147449, "activity_lines": [ 67.645333, 68.056, 67.118905, 65.627355 ] }, { "date": "2024-09-20", "close": 66.57, "volume": 278799, "typical_volume": 397715.25, "trend": 63.929334, "fair_value": 47.810449, "relative_strength": 1.492147, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.484504, "energy": 14.231895, "activity_lines": [ 67.214666, 67.710909, 67.212429, 65.800559 ] }, { "date": "2024-09-27", "close": 67.800003, "volume": 3706788, "typical_volume": 575679.75, "trend": 64.126001, "fair_value": 48.003718, "relative_strength": 1.374372, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.747877, "energy": 13.822285, "activity_lines": [ 67.332001, 67.647273, 67.403477, 66.05028 ] }, { "date": "2024-10-04", "close": 65.089996, "volume": 665302, "typical_volume": 598909.3, "trend": 64.180667, "fair_value": 48.155256, "relative_strength": 1.338533, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.437184, "energy": 7.602763, "activity_lines": [ 66.643999, 67.114909, 67.300238, 66.112473 ] }, { "date": "2024-10-11", "close": 65.5, "volume": 316402, "typical_volume": 588962.95, "trend": 64.420667, "fair_value": 48.310064, "relative_strength": 1.764942, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.998752, "energy": 7.763639, "activity_lines": [ 66.289999, 66.750181, 67.20419, 66.197592 ] }, { "date": "2024-10-18", "close": 64.760002, "volume": 300918, "typical_volume": 578681.4, "trend": 64.697667, "fair_value": 48.480641, "relative_strength": 0.624656, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.91641, "energy": 8.544661, "activity_lines": [ 65.549334, 66.300364, 67.025524, 66.219484 ] }, { "date": "2024-10-25", "close": 54.759998, "volume": 412840, "typical_volume": 587144.9, "trend": 64.718, "fair_value": 48.531346, "relative_strength": -12.729351, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.235474, "energy": 38.775879, "activity_lines": [ 61.821333, 64.092545, 65.874667, 65.578344 ] }, { "date": "2024-11-01", "close": 63.799999, "volume": 780265, "typical_volume": 615509.6, "trend": 64.776334, "fair_value": 48.636474, "relative_strength": 0.676528, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.892776, "energy": 28.658692, "activity_lines": [ 61.893999, 63.780727, 65.614476, 65.519118 ] }, { "date": "2024-11-08", "close": 60.490002, "volume": 117500, "typical_volume": 564340.4, "trend": 64.712667, "fair_value": 48.72968, "relative_strength": -4.222504, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.739821, "energy": 37.747422, "activity_lines": [ 61.13, 62.966545, 65.035429, 65.242581 ] }, { "date": "2024-11-15", "close": 63.360001, "volume": 762360, "typical_volume": 577053.45, "trend": 64.903, "fair_value": 48.852821, "relative_strength": 2.713089, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.119258, "energy": 29.463465, "activity_lines": [ 61.629334, 62.811637, 64.760762, 65.155312 ] }, { "date": "2024-11-22", "close": 59.43, "volume": 112813, "typical_volume": 571599.1, "trend": 64.777334, "fair_value": 48.953013, "relative_strength": -5.32536, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.693885, "energy": 17.96921, "activity_lines": [ 60.961334, 61.942909, 64.121619, 64.802215 ] }, { "date": "2024-11-29", "close": 62.779999, "volume": 283658, "typical_volume": 545776.25, "trend": 64.788334, "fair_value": 49.06218, "relative_strength": -1.20841, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -46.546323, "energy": 23.004345, "activity_lines": [ 61.765333, 61.874545, 63.832857, 64.673355 ] }, { "date": "2024-12-06", "close": 64.0, "volume": 159978, "typical_volume": 518341.25, "trend": 64.915, "fair_value": 49.177244, "relative_strength": -1.808064, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.076217, "energy": 15.758324, "activity_lines": [ 62.441333, 62.096909, 63.693476, 64.622495 ] }, { "date": "2024-12-13", "close": 60.52, "volume": 415663, "typical_volume": 519951.25, "trend": 64.985667, "fair_value": 49.229936, "relative_strength": -7.700387, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.969069, "energy": 19.477075, "activity_lines": [ 61.944, 61.755636, 63.247048, 64.338946 ] }, { "date": "2024-12-20", "close": 58.919998, "volume": 180293, "typical_volume": 521468.1, "trend": 64.851333, "fair_value": 49.294487, "relative_strength": -5.686427, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.82093, "energy": 24.150545, "activity_lines": [ 60.911333, 61.206545, 62.694381, 63.947613 ] }, { "date": "2024-12-27", "close": 57.990002, "volume": 76000, "typical_volume": 510853.55, "trend": 64.764333, "fair_value": 49.297949, "relative_strength": -8.154452, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.904932, "energy": 36.403391, "activity_lines": [ 59.864667, 60.608, 62.097429, 63.504946 ] }, { "date": "2025-01-03", "close": 58.66, "volume": 293260, "typical_volume": 507231.5, "trend": 64.686333, "fair_value": 49.301859, "relative_strength": -7.820162, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.097931, "energy": 41.743231, "activity_lines": [ 59.137333, 60.254364, 61.612286, 63.111118 ] }, { "date": "2025-01-10", "close": 45.700001, "volume": 343711, "typical_volume": 516342.3, "trend": 64.108333, "fair_value": 49.200257, "relative_strength": -26.189308, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.14827, "energy": 69.965385, "activity_lines": [ 54.364667, 57.473455, 59.940381, 61.886194 ] }, { "date": "2025-01-17", "close": 46.25, "volume": 127677, "typical_volume": 516785.1, "trend": 63.416333, "fair_value": 49.123013, "relative_strength": -24.317627, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.509947, "energy": 75.394599, "activity_lines": [ 50.995334, 55.121637, 58.433095, 60.734043 ] }, { "date": "2025-01-24", "close": 42.66, "volume": 43534, "typical_volume": 507649.25, "trend": 62.657667, "fair_value": 49.028526, "relative_strength": -29.473106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.296824, "energy": 84.167161, "activity_lines": [ 47.380667, 52.376, 56.687714, 59.394925 ] }, { "date": "2025-01-31", "close": 40.91, "volume": 177812, "typical_volume": 477778.65, "trend": 61.821, "fair_value": 48.914808, "relative_strength": -33.104787, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.885666, "energy": 89.098648, "activity_lines": [ 44.266667, 49.688546, 54.874429, 57.99185 ] }, { "date": "2025-02-07", "close": 40.75, "volume": 81818, "typical_volume": 467929.6, "trend": 60.854333, "fair_value": 48.817692, "relative_strength": -33.064146, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.756468, "energy": 87.375038, "activity_lines": [ 42.238, 47.308727, 53.184191, 56.63243 ] }, { "date": "2025-02-14", "close": 33.330002, "volume": 86861, "typical_volume": 286933.25, "trend": 59.661333, "fair_value": 48.699936, "relative_strength": -43.245919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.940382, "energy": 93.580783, "activity_lines": [ 38.930001, 43.980364, 50.910238, 54.856667 ] }, { "date": "2025-02-21", "close": 31.610001, "volume": 27139, "typical_volume": 255025.1, "trend": 58.374667, "fair_value": 48.595833, "relative_strength": -45.222, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.893144, "energy": 92.471781, "activity_lines": [ 35.873334, 40.89691, 48.636619, 53.046903 ] }, { "date": "2025-02-28", "close": 29.540001, "volume": 25806, "typical_volume": 240495.3, "trend": 57.085333, "fair_value": 48.475898, "relative_strength": -46.674528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.474996, "energy": 91.982384, "activity_lines": [ 33.102668, 37.962728, 46.325286, 51.186602 ] }, { "date": "2025-03-07", "close": 28.790001, "volume": 92982, "typical_volume": 230098.5, "trend": 55.776, "fair_value": 48.347949, "relative_strength": -48.402293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.924237, "energy": 90.513022, "activity_lines": [ 30.956668, 35.426364, 44.113762, 49.361097 ] }, { "date": "2025-03-14", "close": 24.5, "volume": 72427, "typical_volume": 213077.85, "trend": 54.304667, "fair_value": 48.191218, "relative_strength": -55.246069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.663224, "energy": 92.394553, "activity_lines": [ 28.188667, 32.64091, 41.664953, 47.343291 ] }, { "date": "2025-03-21", "close": 24.450001, "volume": 101298, "typical_volume": 179129.5, "trend": 52.810667, "fair_value": 48.045385, "relative_strength": -56.646366, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.225201, "energy": 89.946854, "activity_lines": [ 26.487334, 30.467455, 39.355477, 45.417183 ] }, { "date": "2025-03-28", "close": 26.0, "volume": 797135, "typical_volume": 213111.25, "trend": 51.409, "fair_value": 47.907244, "relative_strength": -53.743031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.927203, "energy": 76.883639, "activity_lines": [ 25.894667, 28.962182, 37.381, 43.687463 ] }, { "date": "2025-04-04", "close": 28.07, "volume": 37211, "typical_volume": 176853.8, "trend": 50.231333, "fair_value": 47.673077, "relative_strength": -48.080106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.131141, "energy": 65.867301, "activity_lines": [ 26.366, 28.201455, 35.767905, 42.181721 ] }, { "date": "2025-04-11", "close": 25.879999, "volume": 6161, "typical_volume": 171521.2, "trend": 48.762334, "fair_value": 47.459167, "relative_strength": -51.322386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.674853, "energy": 65.965062, "activity_lines": [ 26.205333, 27.307818, 34.114286, 40.610667 ] }, { "date": "2025-04-18", "close": 25.92, "volume": 6795, "typical_volume": 157678.05, "trend": 47.407334, "fair_value": 47.26218, "relative_strength": -52.746711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.500284, "energy": 64.986215, "activity_lines": [ 26.252, 26.694727, 32.624238, 39.136968 ] }, { "date": "2025-04-25", "close": 24.309999, "volume": 25978, "typical_volume": 150978.05, "trend": 45.957667, "fair_value": 47.102308, "relative_strength": -55.352977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.865692, "energy": 66.96156, "activity_lines": [ 25.667333, 26.058545, 31.156381, 37.646817 ] }, { "date": "2025-05-02", "close": 23.4, "volume": 13938, "typical_volume": 130891.8, "trend": 44.568, "fair_value": 46.949423, "relative_strength": -56.901743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.021559, "energy": 86.088526, "activity_lines": [ 24.788666, 25.420909, 29.790857, 36.191484 ] }, { "date": "2025-05-09", "close": 24.5, "volume": 15011, "typical_volume": 122627.7, "trend": 43.201334, "fair_value": 46.843654, "relative_strength": -53.554659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.083741, "energy": 75.772254, "activity_lines": [ 24.45, 25.132545, 28.706857, 34.896774 ] }, { "date": "2025-05-16", "close": 28.120001, "volume": 25194, "typical_volume": 120087.4, "trend": 41.98, "fair_value": 46.718782, "relative_strength": -48.178631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.349647, "energy": 64.103731, "activity_lines": [ 25.556, 25.594, 28.131524, 33.923785 ] }, { "date": "2025-05-23", "close": 28.219999, "volume": 32452, "typical_volume": 107047.0, "trend": 41.095334, "fair_value": 46.611539, "relative_strength": -46.88903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.622482, "energy": 55.357485, "activity_lines": [ 26.546, 26.085818, 27.707952, 33.036043 ] }, { "date": "2025-05-30", "close": 28.639999, "volume": 13038, "typical_volume": 90513.35, "trend": 39.923334, "fair_value": 46.505385, "relative_strength": -45.118914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.734217, "energy": 43.185632, "activity_lines": [ 27.522666, 26.586363, 27.469333, 32.232473 ] }, { "date": "2025-06-06", "close": 28.049999, "volume": 11130, "typical_volume": 84686.0, "trend": 38.842, "fair_value": 46.42109, "relative_strength": -46.055303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.726444, "energy": 32.768468, "activity_lines": [ 28.013999, 26.903454, 27.255762, 31.466452 ] }, { "date": "2025-06-13", "close": 27.98, "volume": 15313, "typical_volume": 83274.95, "trend": 37.662667, "fair_value": 46.352692, "relative_strength": -44.776865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.489404, "energy": 25.941694, "activity_lines": [ 28.171999, 27.170545, 27.12219, 30.765677 ] }, { "date": "2025-06-20", "close": 26.01, "volume": 9549, "typical_volume": 74861.8, "trend": 36.548667, "fair_value": 46.234808, "relative_strength": -48.594351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.44685, "energy": 36.615237, "activity_lines": [ 27.441333, 27.081091, 26.870905, 30.013892 ] }, { "date": "2025-06-27", "close": 26.16, "volume": 11142, "typical_volume": 71328.0, "trend": 35.328, "fair_value": 46.12718, "relative_strength": -48.520041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.866024, "energy": 47.520002, "activity_lines": [ 26.901333, 27.016545, 26.704857, 29.343656 ] }, { "date": "2025-07-04", "close": 28.67, "volume": 34638, "typical_volume": 68716.85, "trend": 34.150333, "fair_value": 46.036923, "relative_strength": -42.299995, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -40.614827, "energy": 36.913346, "activity_lines": [ 27.335333, 27.404, 26.847333, 28.914108 ] }, { "date": "2025-07-11", "close": 33.029999, "volume": 103815, "typical_volume": 72550.65, "trend": 33.234, "fair_value": 45.976859, "relative_strength": -31.670371, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": 15.221113, "energy": 15.871971, "activity_lines": [ 29.220666, 28.504909, 27.427238, 28.841828 ] }, { "date": "2025-07-18", "close": 29.83, "volume": 8885, "typical_volume": 71704.6, "trend": 32.264333, "fair_value": 45.897244, "relative_strength": -36.815797, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -3.474914, "energy": 20.044885, "activity_lines": [ 29.707333, 28.848909, 27.695619, 28.622215 ] }, { "date": "2025-07-25", "close": 26.940001, "volume": 17674, "typical_volume": 67939.2, "trend": 31.229333, "fair_value": 45.798782, "relative_strength": -41.60043, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -15.420503, "energy": 21.837165, "activity_lines": [ 29.107333, 28.570545, 27.687381, 28.27871 ] }, { "date": "2025-08-01", "close": 27.049999, "volume": 12728, "typical_volume": 64954.25, "trend": 30.175667, "fair_value": 45.705192, "relative_strength": -39.67748, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -18.715282, "energy": 15.823904, "activity_lines": [ 28.482, 28.333636, 27.698428, 28.009075 ] }, { "date": "2025-08-08", "close": 28.889999, "volume": 9596, "typical_volume": 60369.15, "trend": 29.615333, "fair_value": 45.596474, "relative_strength": -33.920749, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -19.354306, "energy": 13.090312, "activity_lines": [ 28.410666, 28.452545, 27.872571, 27.926129 ] }, { "date": "2025-08-15", "close": 27.940001, "volume": 4238, "typical_volume": 20724.3, "trend": 29.005, "fair_value": 45.495128, "relative_strength": -35.642308, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -18.379262, "energy": 18.128777, "activity_lines": [ 28.008, 28.394182, 27.935095, 27.818043 ] }, { "date": "2025-08-22", "close": 28.139999, "volume": 13081, "typical_volume": 19517.8, "trend": 28.521, "fair_value": 45.388654, "relative_strength": -34.620521, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -17.917762, "energy": 14.009385, "activity_lines": [ 28.011333, 28.374182, 28.007428, 27.762236 ] }, { "date": "2025-08-29", "close": 27.34, "volume": 19594, "typical_volume": 20189.45, "trend": 28.068667, "fair_value": 45.268077, "relative_strength": -34.172817, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -6.084066, "energy": 6.718364, "activity_lines": [ 27.860666, 28.205818, 28.003238, 27.686043 ] }, { "date": "2025-09-05", "close": 34.810001, "volume": 788616, "typical_volume": 59280.5, "trend": 27.870667, "fair_value": 45.200833, "relative_strength": -16.166516, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 71.787153, "energy": 53.135567, "activity_lines": [ 30.173334, 29.371455, 28.703524, 28.120968 ] }, { "date": "2025-09-12", "close": 35.130001, "volume": 256261, "typical_volume": 70794.65, "trend": 27.930667, "fair_value": 45.132436, "relative_strength": -15.333164, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.964236, "energy": 67.060107, "activity_lines": [ 32.075334, 30.438, 29.391952, 28.589312 ] }, { "date": "2025-09-19", "close": 34.810001, "volume": 116849, "typical_volume": 75940.2, "trend": 28.037333, "fair_value": 45.067436, "relative_strength": -15.624991, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.383075, "energy": 70.862039, "activity_lines": [ 33.454667, 31.328909, 29.998381, 29.03314 ] }, { "date": "2025-09-26", "close": 31.66, "volume": 48640, "typical_volume": 77621.65, "trend": 28.108, "fair_value": 44.998269, "relative_strength": -19.933209, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.134298, "energy": 65.499004, "activity_lines": [ 33.326001, 31.614728, 30.250476, 29.26686 ] }, { "date": "2025-10-03", "close": 30.85, "volume": 20824, "typical_volume": 77403.15, "trend": 28.176667, "fair_value": 44.910769, "relative_strength": -21.448799, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.790578, "energy": 45.977825, "activity_lines": [ 32.692667, 31.72, 30.391333, 29.443763 ] }, { "date": "2025-10-10", "close": 30.51, "volume": 26519, "typical_volume": 77106.5, "trend": 28.377, "fair_value": 44.761474, "relative_strength": -22.17168, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.95843, "energy": 28.228363, "activity_lines": [ 31.712, 31.692364, 30.48681, 29.594301 ] }, { "date": "2025-10-17", "close": 28.809999, "volume": 26301, "typical_volume": 77769.65, "trend": 28.522333, "fair_value": 44.646154, "relative_strength": -26.365297, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.203005, "energy": 16.804754, "activity_lines": [ 30.451333, 31.292727, 30.409476, 29.622237 ] }, { "date": "2025-10-24", "close": 29.32, "volume": 10513, "typical_volume": 77738.8, "trend": 28.633, "fair_value": 44.543718, "relative_strength": -24.229598, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.636004, "energy": 17.903545, "activity_lines": [ 29.782, 30.987273, 30.379905, 29.673699 ] }, { "date": "2025-10-31", "close": 29.01, "volume": 26378, "typical_volume": 78292.05, "trend": 28.664333, "fair_value": 44.443782, "relative_strength": -23.34655, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.75506, "energy": 16.72081, "activity_lines": [ 29.375333, 30.600364, 30.314762, 29.698021 ] }, { "date": "2025-11-07", "close": 29.98, "volume": 14839, "typical_volume": 78556.55, "trend": 28.801, "fair_value": 44.35968, "relative_strength": -18.656538, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.163503, "energy": 15.404211, "activity_lines": [ 29.468667, 30.374, 30.337095, 29.782903 ] }, { "date": "2025-11-14", "close": 29.299999, "volume": 14324, "typical_volume": 78715.65, "trend": 28.913667, "fair_value": 44.276667, "relative_strength": -20.124193, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.379921, "energy": 9.236818, "activity_lines": [ 29.393333, 29.976, 30.275762, 29.815097 ] }, { "date": "2025-11-21", "close": 27.42, "volume": 20662, "typical_volume": 78016.85, "trend": 29.017333, "fair_value": 44.180641, "relative_strength": -24.22671, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.867469, "energy": 15.559688, "activity_lines": [ 28.772, 29.336363, 30.020429, 29.718731 ] }, { "date": "2025-11-28", "close": 27.34, "volume": 16039, "typical_volume": 73628.05, "trend": 29.148667, "fair_value": 44.081218, "relative_strength": -23.178125, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.114237, "energy": 19.968016, "activity_lines": [ 28.216666, 28.822363, 29.763429, 29.610516 ] }, { "date": "2025-12-05", "close": 25.27, "volume": 15574, "typical_volume": 73962.5, "trend": 29.174333, "fair_value": 43.976218, "relative_strength": -27.272961, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -42.848756, "energy": 48.84492, "activity_lines": [ 27.103333, 28.067818, 29.336381, 29.36028 ] }, { "date": "2025-12-12", "close": 27.200001, "volume": 84333, "typical_volume": 77295.45, "trend": 29.143667, "fair_value": 43.887756, "relative_strength": -19.670195, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.929416, "energy": 47.152772, "activity_lines": [ 26.882667, 27.780364, 29.114857, 29.232903 ] }, { "date": "2025-12-19", "close": 28.120001, "volume": 80829, "typical_volume": 80700.5, "trend": 29.140333, "fair_value": 43.82218, "relative_strength": -14.914511, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.690044, "energy": 38.234592, "activity_lines": [ 27.154001, 27.726546, 28.979714, 29.16686 ] }, { "date": "2025-12-26", "close": 27.01, "volume": 169892, "typical_volume": 88715.3, "trend": 29.086, "fair_value": 43.737628, "relative_strength": -16.752884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.826372, "energy": 43.087911, "activity_lines": [ 27.134, 27.514364, 28.733762, 29.029419 ] }, { "date": "2026-01-02", "close": 26.85, "volume": 90104, "typical_volume": 93008.6, "trend": 29.046, "fair_value": 43.641474, "relative_strength": -16.306296, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.362171, "energy": 28.882319, "activity_lines": [ 27.088, 27.305818, 28.481524, 28.885161 ] }, { "date": "2026-01-09", "close": 25.870001, "volume": 61669, "typical_volume": 95438.0, "trend": 28.975667, "fair_value": 43.54609, "relative_strength": -16.086117, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.058753, "energy": 32.204358, "activity_lines": [ 26.748001, 26.964, 28.141143, 28.680258 ] }, { "date": "2026-01-16", "close": 25.5, "volume": 19973, "typical_volume": 95456.95, "trend": 28.958667, "fair_value": 43.453141, "relative_strength": -15.974582, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.444418, "energy": 41.171214, "activity_lines": [ 26.244667, 26.612, 27.776334, 28.456022 ] }, { "date": "2026-01-23", "close": 23.0, "volume": 64048, "typical_volume": 59228.55, "trend": 28.853333, "fair_value": 43.354103, "relative_strength": -21.064551, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.506864, "energy": 60.77873, "activity_lines": [ 25.021334, 25.886909, 27.182191, 28.071592 ] }, { "date": "2026-01-30", "close": 23.280001, "volume": 24688, "typical_volume": 47649.9, "trend": 28.673667, "fair_value": 43.256218, "relative_strength": -19.874572, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.64437, "energy": 66.675276, "activity_lines": [ 24.232667, 25.327273, 26.670953, 27.712022 ] }, { "date": "2026-02-06", "close": 26.870001, "volume": 123004, "typical_volume": 47957.65, "trend": 28.468334, "fair_value": 43.185192, "relative_strength": -7.804565, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.58284, "energy": 43.572386, "activity_lines": [ 24.889334, 25.495637, 26.558048, 27.595656 ] }, { "date": "2026-02-13", "close": 25.629999, "volume": 37476, "typical_volume": 47399.45, "trend": 28.328333, "fair_value": 43.115192, "relative_strength": -10.612721, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.026993, "energy": 33.454693, "activity_lines": [ 25.131333, 25.447091, 26.364857, 27.412538 ] }, { "date": "2026-02-20", "close": 25.190001, "volume": 17900, "typical_volume": 47253.25, "trend": 28.27, "fair_value": 43.05968, "relative_strength": -11.886881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.422886, "energy": 27.089564, "activity_lines": [ 25.242667, 25.312, 26.158476, 27.210065 ] }, { "date": "2026-02-27", "close": 23.48, "volume": 15257, "typical_volume": 46690.15, "trend": 28.151, "fair_value": 42.994808, "relative_strength": -16.006007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.29081, "energy": 28.637332, "activity_lines": [ 24.804667, 24.902546, 25.816191, 26.901032 ] }, { "date": "2026-03-06", "close": 23.280001, "volume": 26592, "typical_volume": 46704.7, "trend": 27.964, "fair_value": 42.912308, "relative_strength": -13.756519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.884887, "energy": 33.779338, "activity_lines": [ 24.268, 24.541091, 25.488334, 26.586774 ] }, { "date": "2026-03-13", "close": 20.43, "volume": 96986, "typical_volume": 51028.35, "trend": 27.713667, "fair_value": 42.824359, "relative_strength": -19.771394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.036507, "energy": 58.721372, "activity_lines": [ 22.781334, 23.729273, 24.915381, 26.10071 ] }, { "date": "2026-03-20", "close": 21.0, "volume": 45796, "typical_volume": 51999.25, "trend": 27.475667, "fair_value": 42.759616, "relative_strength": -17.20183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.362367, "energy": 66.373587, "activity_lines": [ 21.914, 23.137818, 24.439048, 25.66757 ] }, { "date": "2026-03-27", "close": 17.68, "volume": 77622, "typical_volume": 55138.4, "trend": 27.153667, "fair_value": 42.674551, "relative_strength": -28.979354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.308258, "energy": 78.976454, "activity_lines": [ 20.248667, 22.031273, 23.684667, 25.035592 ] }, { "date": "2026-04-03", "close": 19.190001, "volume": 51424, "typical_volume": 56993.4, "trend": 26.633, "fair_value": 42.578333, "relative_strength": -22.029038, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.215305, "energy": 74.989629, "activity_lines": [ 19.587334, 21.341455, 23.132667, 24.521807 ] }, { "date": "2026-04-10", "close": 23.0, "volume": 54588, "typical_volume": 58689.7, "trend": 26.228667, "fair_value": 42.490513, "relative_strength": -11.466972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.181204, "energy": 48.999111, "activity_lines": [ 20.482, 21.413637, 22.991667, 24.28742 ] }, { "date": "2026-04-17", "close": 21.690001, "volume": 45325, "typical_volume": 60154.0, "trend": 25.791334, "fair_value": 42.389808, "relative_strength": -17.259251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.067252, "energy": 38.387022, "activity_lines": [ 20.958667, 21.252728, 22.746953, 23.994602 ] }, { "date": "2026-04-24", "close": 21.59, "volume": 34070, "typical_volume": 61078.8, "trend": 25.455667, "fair_value": 42.28141, "relative_strength": -15.908585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.601816, "energy": 25.673761, "activity_lines": [ 21.318, 21.167819, 22.519619, 23.723549 ] }, { "date": "2026-05-01", "close": 21.469999, "volume": 11147, "typical_volume": 57419.5, "trend": 25.143, "fair_value": 42.173846, "relative_strength": -16.623901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.952502, "energy": 19.079304, "activity_lines": [ 21.598, 21.134546, 22.298381, 23.466409 ] }, { "date": "2026-05-08", "close": 21.07, "volume": 17214, "typical_volume": 54238.75, "trend": 24.828333, "fair_value": 42.064039, "relative_strength": -18.564289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.968708, "energy": 23.395149, "activity_lines": [ 21.492, 21.096182, 22.066334, 23.203635 ] }, { "date": "2026-05-15", "close": 18.610001, "volume": 32017, "typical_volume": 47345.0, "trend": 24.488334, "fair_value": 41.941026, "relative_strength": -26.003952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.21501, "energy": 38.228093, "activity_lines": [ 20.440667, 20.654364, 21.633572, 22.802452 ] }, { "date": "2026-05-22", "close": 18.860001, "volume": 46123, "typical_volume": 45145.95, "trend": 24.139667, "fair_value": 41.835641, "relative_strength": -24.786786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.153395, "energy": 49.269621, "activity_lines": [ 19.765334, 20.342909, 21.264619, 22.439334 ] }, { "date": "2026-05-29", "close": 18.530001, "volume": 49112, "typical_volume": 44518.1, "trend": 23.790334, "fair_value": 41.743205, "relative_strength": -25.059759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.664495, "energy": 58.933511, "activity_lines": [ 19.168667, 20.0, 20.902286, 22.07742 ] }, { "date": "2026-06-05", "close": 20.040001, "volume": 26809, "typical_volume": 44859.9, "trend": 23.459, "fair_value": 41.645064, "relative_strength": -17.927784, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.334195, "energy": 50.816765, "activity_lines": [ 19.279334, 19.976546, 20.718715, 21.835463 ] }, { "date": "2026-06-12", "close": 20.58, "volume": 26075, "typical_volume": 42961.25, "trend": 23.168334, "fair_value": 41.539487, "relative_strength": -16.228364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.931131, "energy": 35.35865, "activity_lines": [ 19.665334, 20.008364, 20.612572, 21.649721 ] }, { "date": "2026-06-19", "close": 23.030001, "volume": 21665, "typical_volume": 42810.1, "trend": 23.022, "fair_value": 41.460513, "relative_strength": -7.647883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.21653, "energy": 11.510739, "activity_lines": [ 20.900667, 20.460364, 20.751286, 21.640796 ] }, { "date": "2026-06-26", "close": 22.629999, "volume": 0, "typical_volume": 36659.9, "trend": 22.865, "fair_value": 41.377372, "relative_strength": -9.279955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.298434, "energy": 16.71304, "activity_lines": [ 21.708, 20.839091, 20.853096, 21.615506 ] }, { "date": "2026-07-03", "close": 21.48, "volume": 12304, "typical_volume": 35401.3, "trend": 22.738667, "fair_value": 41.285898, "relative_strength": -14.269167, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.642514, "energy": 17.983319, "activity_lines": [ 21.880667, 20.991637, 20.865572, 21.526151 ] }, { "date": "2026-07-10", "close": 20.290001, "volume": 49603, "typical_volume": 36986.45, "trend": 22.508334, "fair_value": 41.182949, "relative_strength": -18.079653, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.981252, "energy": 17.890241, "activity_lines": [ 21.46, 20.929819, 20.784477, 21.368172 ] }, { "date": "2026-07-17", "close": 19.51, "volume": 291397, "typical_volume": 50793.45, "trend": 22.221334, "fair_value": 41.070513, "relative_strength": -21.058242, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.821153, "energy": 15.274786, "activity_lines": [ 20.762667, 20.747637, 20.652429, 21.174732 ] }, { "date": "2026-07-24", "close": 19.35, "volume": 18267, "typical_volume": 50377.2, "trend": 21.966, "fair_value": 40.959295, "relative_strength": -19.425578, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.244255, "energy": 32.770325, "activity_lines": [ 20.083333, 20.564728, 20.524048, 20.989484 ] }, { "date": "2026-07-31", "close": 19.549999, "volume": 23189, "typical_volume": 46687.35, "trend": 21.722667, "fair_value": 40.844551, "relative_strength": -20.195137, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.006733, "energy": 40.55663, "activity_lines": [ 19.716, 20.404727, 20.433429, 20.833613 ] }, { "date": "2026-08-07", "close": 19.92, "volume": 77866, "typical_volume": 48290.85, "trend": 21.524334, "fair_value": 40.743398, "relative_strength": -18.720242, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.316335, "energy": 40.090526, "activity_lines": [ 19.677333, 20.299454, 20.382238, 20.717312 ] } ], "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." } } }