{ "ticker": { "uuid": "eccc7121-c6b6-4de1-b90a-20946ab67d9b", "symbol": "MADHAV", "name": "Madhav Marbles and Granites Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -59.458, "architecture_energy": 54.923, "architecture_maturity": 8.623, "architecture_confidence": 85.245, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 28.21, "rotation_up": 10.84, "upward_expansion": 11.2, "deceleration": 38.3, "rotation_down": 69.63, "downward_expansion": 89.2 }, "activity_lines": [ 34.575333, 35.384727, 36.176857, 36.205032 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 34.34, "trend_reference": 36.446333, "distance_from_trend": -0.057793, "trend_direction": "Weakening", "fair_value": 46.16282, "distance_from_fair_value": -0.256111, "fair_value_direction": "Weakening", "relative_strength": -11.642346, "relative_strength_direction": "Weakening", "price_momentum": -0.070133, "excess_performance": -0.026424, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.057793, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.044949, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.256111, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.088634, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.116423, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.084178, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.070133, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.048957, "read": "Demand-led" } ], "volume": { "latest": 14112, "relative_activity": 0.50508, "balance": 1.048957, "dry_up": 0.613132, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.082008, "annualized_volatility": 0.35085, "from_high_reference": -0.312513, "from_low_reference": 0.184138 }, "levels": { "trend_reference": 36.446333, "fair_value_reference": 46.16282, "structural_low": 29.0, "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": 28, "median_return": -0.001594, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.00203, "regime_survival": 0.75, "best_return": 0.221773, "worst_return": -0.116273, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.041905, "positive_rate": 0.727273, "directional_follow_through": 0.272727, "median_excess_return": 0.03311, "regime_survival": 0.454545, "best_return": 0.121156, "worst_return": -0.080135, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.042199, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.040365, "regime_survival": 0.166667, "best_return": 0.220809, "worst_return": -0.089216, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.080139, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.130599, "regime_survival": 0.75, "best_return": 0.136314, "worst_return": -0.130403, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-15", "end": "2024-02-16", "tenure": "Developing", "return": 0.035358, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-23", "end": "2024-03-08", "tenure": "New", "return": -0.246892, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-03-15", "end": "2024-04-05", "tenure": "New", "return": 0.11271, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-04-12", "end": "2024-08-09", "tenure": "Established", "return": 0.163468, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": 0.020073, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-09-27", "tenure": "New", "return": -0.038754, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-04", "end": "2024-12-13", "tenure": "Developing", "return": 0.186948, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-20", "end": "2025-01-10", "tenure": "New", "return": -0.178926, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-02-14", "tenure": "Developing", "return": -0.170836, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2025-05-23", "tenure": "Established", "return": 0.018899, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-11-07", "tenure": "Established", "return": -0.143586, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-14", "end": "2026-05-01", "tenure": "Established", "return": -0.021425, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-07-24", "tenure": "Developing", "return": -0.131362, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.013218, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 42.900002, "volume": 129607, "typical_volume": 105961.2, "trend": 41.76, "fair_value": 46.961483, "relative_strength": -6.751007, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.922849, "energy": 33.132242, "activity_lines": [ 43.746668, 43.493638, 43.065477, 42.430753 ] }, { "date": "2023-08-25", "close": 49.599998, "volume": 953785, "typical_volume": 150347.3, "trend": 42.018334, "fair_value": 47.119229, "relative_strength": 8.396051, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.544846, "energy": 62.716064, "activity_lines": [ 45.750001, 44.608183, 43.729286, 42.93656 ] }, { "date": "2023-09-01", "close": 49.299999, "volume": 629838, "typical_volume": 178672.55, "trend": 42.211667, "fair_value": 47.270944, "relative_strength": 7.203869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.220381, "energy": 67.982024, "activity_lines": [ 47.203333, 45.573637, 44.327858, 43.406345 ] }, { "date": "2023-09-08", "close": 48.5, "volume": 225320, "typical_volume": 187251.45, "trend": 42.413334, "fair_value": 47.399204, "relative_strength": 3.824364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.24537, "energy": 67.05851, "activity_lines": [ 47.946666, 46.284546, 44.807858, 43.812043 ] }, { "date": "2023-09-15", "close": 46.25, "volume": 106597, "typical_volume": 163560.0, "trend": 42.615, "fair_value": 47.520941, "relative_strength": -2.336774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.706676, "energy": 63.429476, "activity_lines": [ 47.683333, 46.499091, 45.036667, 44.05957 ] }, { "date": "2023-09-22", "close": 52.25, "volume": 829919, "typical_volume": 201203.5, "trend": 43.055, "fair_value": 47.690618, "relative_strength": 13.409364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.788526, "energy": 64.972713, "activity_lines": [ 49.33, 47.739091, 45.824762, 44.681183 ] }, { "date": "2023-09-29", "close": 50.049999, "volume": 376552, "typical_volume": 216946.0, "trend": 43.461667, "fair_value": 47.847141, "relative_strength": 8.892389, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.699788, "energy": 46.233784, "activity_lines": [ 49.62, 48.405454, 46.354524, 45.132473 ] }, { "date": "2023-10-06", "close": 51.5, "volume": 286924, "typical_volume": 229259.95, "trend": 43.92, "fair_value": 48.013275, "relative_strength": 12.071016, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.389284, "energy": 46.83068, "activity_lines": [ 50.363333, 49.204545, 46.984524, 45.651076 ] }, { "date": "2023-10-13", "close": 52.25, "volume": 549088, "typical_volume": 255157.05, "trend": 44.321667, "fair_value": 48.192747, "relative_strength": 12.843778, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.213057, "energy": 55.850678, "activity_lines": [ 51.21, 49.979091, 47.637143, 46.188495 ] }, { "date": "2023-10-20", "close": 53.950001, "volume": 632139, "typical_volume": 283451.8, "trend": 44.848334, "fair_value": 48.378062, "relative_strength": 17.345819, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.035917, "energy": 51.056692, "activity_lines": [ 52.373334, 50.924545, 48.400953, 46.809678 ] }, { "date": "2023-10-27", "close": 48.799999, "volume": 282188, "typical_volume": 294802.3, "trend": 45.168334, "fair_value": 48.531944, "relative_strength": 8.696491, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.949063, "energy": 37.77254, "activity_lines": [ 51.306667, 50.769091, 48.614048, 47.064624 ] }, { "date": "2023-11-03", "close": 51.099998, "volume": 188812, "typical_volume": 296753.75, "trend": 45.475, "fair_value": 48.701201, "relative_strength": 12.516853, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.784992, "energy": 33.659515, "activity_lines": [ 51.236666, 50.924545, 49.018095, 47.447312 ] }, { "date": "2023-11-10", "close": 49.0, "volume": 128196, "typical_volume": 300847.55, "trend": 45.761667, "fair_value": 48.846885, "relative_strength": 6.676901, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.324168, "energy": 22.560496, "activity_lines": [ 50.396666, 50.670909, 49.190238, 47.674731 ] }, { "date": "2023-11-17", "close": 51.299999, "volume": 112173, "typical_volume": 304209.0, "trend": 46.113333, "fair_value": 48.996886, "relative_strength": 9.616202, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.05172, "energy": 18.711467, "activity_lines": [ 50.489999, 50.840909, 49.554285, 48.032043 ] }, { "date": "2023-11-24", "close": 50.849998, "volume": 329557, "typical_volume": 317823.65, "trend": 46.351667, "fair_value": 49.144633, "relative_strength": 8.058244, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.001004, "energy": 19.278588, "activity_lines": [ 50.496665, 50.878181, 49.839285, 48.337634 ] }, { "date": "2023-12-01", "close": 52.099998, "volume": 158536, "typical_volume": 318074.15, "trend": 46.688333, "fair_value": 49.282383, "relative_strength": 8.026379, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.227789, "energy": 25.213598, "activity_lines": [ 51.126665, 51.05909, 50.204285, 48.708494 ] }, { "date": "2023-12-08", "close": 52.950001, "volume": 296990, "typical_volume": 330357.9, "trend": 47.05, "fair_value": 49.418314, "relative_strength": 6.03927, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.135008, "energy": 30.4444, "activity_lines": [ 51.819999, 51.397272, 50.605476, 49.112473 ] }, { "date": "2023-12-15", "close": 55.150002, "volume": 339480, "typical_volume": 344705.15, "trend": 47.513333, "fair_value": 49.521266, "relative_strength": 7.750924, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.961651, "energy": 43.680899, "activity_lines": [ 53.123334, 52.082727, 51.168095, 49.635054 ] }, { "date": "2023-12-22", "close": 53.200001, "volume": 423405, "typical_volume": 356899.0, "trend": 47.9, "fair_value": 49.628149, "relative_strength": 4.216804, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.023768, "energy": 41.638843, "activity_lines": [ 53.366667, 52.347273, 51.485476, 50.001935 ] }, { "date": "2023-12-29", "close": 61.299999, "volume": 1012203, "typical_volume": 399565.45, "trend": 48.566667, "fair_value": 49.744298, "relative_strength": 17.645767, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.5409, "energy": 63.84746, "activity_lines": [ 56.183334, 54.067273, 52.533571, 50.866451 ] }, { "date": "2024-01-05", "close": 71.650002, "volume": 1621005, "typical_volume": 474135.35, "trend": 49.525, "fair_value": 49.867704, "relative_strength": 36.719404, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.672572, "energy": 83.767076, "activity_lines": [ 61.753334, 57.535455, 54.489286, 52.355699 ] }, { "date": "2024-01-12", "close": 75.400002, "volume": 2801780, "typical_volume": 566535.1, "trend": 50.558334, "fair_value": 49.99619, "relative_strength": 41.475629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.433544, "energy": 88.141879, "activity_lines": [ 67.270001, 61.270001, 56.665238, 54.025054 ] }, { "date": "2024-01-19", "close": 70.400002, "volume": 178431, "typical_volume": 543964.75, "trend": 51.461667, "fair_value": 50.100208, "relative_strength": 32.918011, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.975346, "energy": 82.837677, "activity_lines": [ 69.623335, 63.653637, 58.242143, 55.305162 ] }, { "date": "2024-01-26", "close": 66.050003, "volume": 59237, "typical_volume": 535660.6, "trend": 52.206667, "fair_value": 50.194668, "relative_strength": 25.574829, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.824025, "energy": 78.683506, "activity_lines": [ 69.510002, 64.857274, 59.304286, 56.246344 ] }, { "date": "2024-02-02", "close": 65.199997, "volume": 70520, "typical_volume": 533856.75, "trend": 52.958334, "fair_value": 50.281468, "relative_strength": 20.600838, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.802783, "energy": 53.722954, "activity_lines": [ 68.256667, 65.638183, 60.201905, 57.084624 ] }, { "date": "2024-02-09", "close": 60.349998, "volume": 94665, "typical_volume": 497094.05, "trend": 53.546667, "fair_value": 50.328963, "relative_strength": 11.653805, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.708486, "energy": 32.996835, "activity_lines": [ 65.126666, 65.276364, 60.547381, 57.561505 ] }, { "date": "2024-02-16", "close": 57.099998, "volume": 63031, "typical_volume": 481418.0, "trend": 54.021667, "fair_value": 50.307595, "relative_strength": 4.120682, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.533376, "energy": 20.60241, "activity_lines": [ 61.666665, 64.173636, 60.544762, 57.790753 ] }, { "date": "2024-02-23", "close": 56.299999, "volume": 34585, "typical_volume": 468801.05, "trend": 54.476667, "fair_value": 50.302901, "relative_strength": 1.632254, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.762327, "energy": 20.879919, "activity_lines": [ 59.159999, 62.85, 60.432381, 57.937742 ] }, { "date": "2024-03-01", "close": 52.549999, "volume": 54598, "typical_volume": 444076.55, "trend": 54.74, "fair_value": 50.272589, "relative_strength": -5.818584, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.766399, "energy": 19.6934, "activity_lines": [ 56.343332, 60.823636, 59.94, 57.813441 ] }, { "date": "2024-03-08", "close": 42.400002, "volume": 255161, "typical_volume": 425227.65, "trend": 54.656667, "fair_value": 50.198384, "relative_strength": -24.367864, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -39.950539, "energy": 38.424077, "activity_lines": [ 51.043333, 56.963636, 58.479524, 57.017312 ] }, { "date": "2024-03-15", "close": 41.700001, "volume": 206392, "typical_volume": 421437.85, "trend": 54.616666, "fair_value": 50.139915, "relative_strength": -23.75932, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.213534, "energy": 54.67224, "activity_lines": [ 47.03, 53.32, 57.007381, 56.181398 ] }, { "date": "2024-03-22", "close": 39.799999, "volume": 71067, "typical_volume": 415550.6, "trend": 54.29, "fair_value": 50.094228, "relative_strength": -27.221108, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.25785, "energy": 65.59106, "activity_lines": [ 43.626667, 49.875454, 55.388095, 55.225484 ] }, { "date": "2024-03-29", "close": 38.400002, "volume": 80955, "typical_volume": 413188.55, "trend": 53.926667, "fair_value": 50.0244, "relative_strength": -30.213142, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.985994, "energy": 73.269543, "activity_lines": [ 40.910001, 46.823636, 53.689286, 54.200323 ] }, { "date": "2024-04-05", "close": 46.400002, "volume": 76896, "typical_volume": 411424.7, "trend": 53.856667, "fair_value": 50.014702, "relative_strength": -16.16465, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.174989, "energy": 74.101361, "activity_lines": [ 42.053335, 45.808182, 52.802858, 53.714731 ] }, { "date": "2024-04-12", "close": 43.25, "volume": 14020, "typical_volume": 395647.85, "trend": 53.756667, "fair_value": 49.994923, "relative_strength": -21.664106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.649286, "energy": 71.3863, "activity_lines": [ 42.556668, 44.577273, 51.639762, 53.03043 ] }, { "date": "2024-04-19", "close": 41.0, "volume": 12316, "typical_volume": 388336.85, "trend": 53.381667, "fair_value": 49.964828, "relative_strength": -24.216714, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.067819, "energy": 69.285443, "activity_lines": [ 42.253334, 43.336364, 50.298572, 52.20742 ] }, { "date": "2024-04-26", "close": 42.099998, "volume": 15791, "typical_volume": 374276.9, "trend": 53.116667, "fair_value": 49.91935, "relative_strength": -22.801944, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.146739, "energy": 53.817641, "activity_lines": [ 42.363333, 42.647273, 49.115, 51.47957 ] }, { "date": "2024-05-03", "close": 42.299999, "volume": 6341, "typical_volume": 357619.95, "trend": 52.81, "fair_value": 49.884949, "relative_strength": -22.356552, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.059544, "energy": 53.674801, "activity_lines": [ 42.386666, 42.267273, 48.002143, 50.78172 ] }, { "date": "2024-05-10", "close": 40.400002, "volume": 14381, "typical_volume": 337168.75, "trend": 52.415, "fair_value": 49.826994, "relative_strength": -24.148745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.622037, "energy": 62.936179, "activity_lines": [ 41.516667, 41.796364, 46.769524, 49.981075 ] }, { "date": "2024-05-17", "close": 42.049999, "volume": 30524, "typical_volume": 288084.8, "trend": 52.018333, "fair_value": 49.733166, "relative_strength": -22.250672, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.000515, "energy": 52.0883, "activity_lines": [ 41.596666, 41.846364, 45.755, 49.312366 ] }, { "date": "2024-05-24", "close": 48.549999, "volume": 100140, "typical_volume": 212041.55, "trend": 52.01, "fair_value": 49.685745, "relative_strength": -12.058196, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.226119, "energy": 34.071955, "activity_lines": [ 43.923333, 43.084545, 45.45119, 49.088602 ] }, { "date": "2024-05-31", "close": 43.950001, "volume": 6007, "typical_volume": 72252.9, "trend": 51.771667, "fair_value": 49.613892, "relative_strength": -18.703333, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.367231, "energy": 29.078219, "activity_lines": [ 44.213333, 43.361818, 44.819286, 48.568602 ] }, { "date": "2024-06-07", "close": 42.650002, "volume": 21018, "typical_volume": 64382.25, "trend": 51.56, "fair_value": 49.513799, "relative_strength": -23.385955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.126634, "energy": 27.448082, "activity_lines": [ 43.946667, 43.327273, 44.213334, 47.980108 ] }, { "date": "2024-06-14", "close": 43.099998, "volume": 17149, "typical_volume": 62277.85, "trend": 51.286667, "fair_value": 49.434286, "relative_strength": -22.832577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.649495, "energy": 25.567673, "activity_lines": [ 43.806667, 43.297273, 43.782381, 47.434301 ] }, { "date": "2024-06-21", "close": 41.5, "volume": 19891, "typical_volume": 59746.4, "trend": 50.975, "fair_value": 49.346412, "relative_strength": -25.475976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.874745, "energy": 44.276451, "activity_lines": [ 42.953333, 43.036364, 43.308333, 46.802903 ] }, { "date": "2024-06-28", "close": 45.799999, "volume": 8727, "typical_volume": 55449.5, "trend": 50.765, "fair_value": 49.293369, "relative_strength": -19.25709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.548859, "energy": 30.980815, "activity_lines": [ 43.57, 43.589091, 43.356667, 46.469032 ] }, { "date": "2024-07-05", "close": 48.0, "volume": 77748, "typical_volume": 56185.35, "trend": 50.6, "fair_value": 49.230099, "relative_strength": -16.309765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.795906, "energy": 10.591715, "activity_lines": [ 45.103333, 44.454545, 43.683809, 46.290645 ] }, { "date": "2024-07-12", "close": 48.490002, "volume": 74307, "typical_volume": 58171.45, "trend": 50.378, "fair_value": 49.114357, "relative_strength": -15.931111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.861695, "energy": 15.181722, "activity_lines": [ 46.53, 45.301818, 44.100953, 46.154516 ] }, { "date": "2024-07-19", "close": 47.68, "volume": 94638, "typical_volume": 60173.45, "trend": 50.194, "fair_value": 48.996266, "relative_strength": -17.279263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.886544, "energy": 21.404472, "activity_lines": [ 47.297334, 45.889273, 44.478143, 45.980452 ] }, { "date": "2024-07-26", "close": 48.029999, "volume": 39550, "typical_volume": 49392.9, "trend": 49.751667, "fair_value": 48.881999, "relative_strength": -17.531954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.726594, "energy": 22.256655, "activity_lines": [ 47.876, 46.408, 44.911857, 45.840839 ] }, { "date": "2024-08-02", "close": 48.07, "volume": 60003, "typical_volume": 42073.45, "trend": 48.965667, "fair_value": 48.796111, "relative_strength": -16.838183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.259494, "energy": 18.442451, "activity_lines": [ 48.032667, 46.825273, 45.322571, 45.732344 ] }, { "date": "2024-08-09", "close": 50.32, "volume": 148878, "typical_volume": 45964.0, "trend": 48.129667, "fair_value": 48.735705, "relative_strength": -11.515529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 38.762575, "energy": 29.747687, "activity_lines": [ 48.788, 47.660364, 45.917238, 45.81972 ] }, { "date": "2024-08-16", "close": 57.290001, "volume": 645351, "typical_volume": 74183.8, "trend": 47.692667, "fair_value": 48.743046, "relative_strength": -0.064964, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 57.709277, "energy": 57.806514, "activity_lines": [ 51.712, 49.646909, 47.125619, 46.41071 ] }, { "date": "2024-08-23", "close": 56.110001, "volume": 499476, "typical_volume": 95312.8, "trend": 47.361333, "fair_value": 48.744086, "relative_strength": -2.984356, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.009939, "energy": 65.942606, "activity_lines": [ 53.656001, 51.152728, 48.131667, 46.953764 ] }, { "date": "2024-08-30", "close": 58.439999, "volume": 382375, "typical_volume": 113730.55, "trend": 47.136, "fair_value": 48.752794, "relative_strength": -0.426849, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.25069, "energy": 83.022388, "activity_lines": [ 55.814667, 52.845636, 49.313381, 47.668516 ] }, { "date": "2024-09-06", "close": 56.509998, "volume": 245138, "typical_volume": 125371.65, "trend": 47.008, "fair_value": 48.756082, "relative_strength": -2.088312, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.207894, "energy": 76.626061, "activity_lines": [ 56.635999, 53.879636, 50.238952, 48.27329 ] }, { "date": "2024-09-13", "close": 56.060001, "volume": 125027, "typical_volume": 130833.45, "trend": 46.973333, "fair_value": 48.761542, "relative_strength": -4.737195, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.937817, "energy": 62.393079, "activity_lines": [ 56.744666, 54.637091, 51.04781, 48.85729 ] }, { "date": "2024-09-20", "close": 54.43, "volume": 102881, "typical_volume": 135660.45, "trend": 46.911, "fair_value": 48.763159, "relative_strength": -8.652331, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.754076, "energy": 43.844442, "activity_lines": [ 55.927333, 54.951636, 51.634952, 49.338366 ] }, { "date": "2024-09-27", "close": 54.32, "volume": 61514, "typical_volume": 138017.1, "trend": 46.97, "fair_value": 48.760882, "relative_strength": -9.832588, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.029635, "energy": 35.313951, "activity_lines": [ 55.264, 55.138182, 52.153857, 49.816366 ] }, { "date": "2024-10-04", "close": 53.169998, "volume": 31988, "typical_volume": 138090.3, "trend": 47.329, "fair_value": 48.705947, "relative_strength": -7.249814, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.281657, "energy": 25.314165, "activity_lines": [ 54.336666, 54.994909, 52.496952, 50.216365 ] }, { "date": "2024-10-11", "close": 52.799999, "volume": 33086, "typical_volume": 134737.6, "trend": 47.699, "fair_value": 48.6547, "relative_strength": -7.29687, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.535357, "energy": 19.069177, "activity_lines": [ 53.637333, 54.690909, 52.751857, 50.569333 ] }, { "date": "2024-10-18", "close": 51.849998, "volume": 30217, "typical_volume": 135948.1, "trend": 48.100667, "fair_value": 48.633082, "relative_strength": -8.038394, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.407581, "energy": 17.858325, "activity_lines": [ 52.868665, 54.128181, 52.896047, 50.837139 ] }, { "date": "2024-10-25", "close": 47.470001, "volume": 54565, "typical_volume": 137625.45, "trend": 48.403, "fair_value": 48.592954, "relative_strength": -13.021052, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.399376, "energy": 13.342608, "activity_lines": [ 50.920666, 52.741272, 52.585476, 50.796451 ] }, { "date": "2024-11-01", "close": 52.43, "volume": 46376, "typical_volume": 139086.8, "trend": 48.604, "fair_value": 48.566124, "relative_strength": -4.012303, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.396832, "energy": 13.182646, "activity_lines": [ 51.09, 52.434727, 52.724333, 51.056258 ] }, { "date": "2024-11-08", "close": 52.849998, "volume": 19118, "typical_volume": 139048.15, "trend": 48.924, "fair_value": 48.549321, "relative_strength": -2.338679, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.706778, "energy": 12.042393, "activity_lines": [ 51.525333, 52.271454, 52.858761, 51.330193 ] }, { "date": "2024-11-15", "close": 44.720001, "volume": 52728, "typical_volume": 141248.2, "trend": 49.048, "fair_value": 48.501132, "relative_strength": -14.688548, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.768221, "energy": 17.478658, "activity_lines": [ 49.272, 50.731636, 52.164857, 51.058967 ] }, { "date": "2024-11-22", "close": 53.98, "volume": 73195, "typical_volume": 141020.55, "trend": 49.444, "fair_value": 48.513896, "relative_strength": 1.636118, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.171557, "energy": 11.173717, "activity_lines": [ 50.644, 51.089818, 52.358, 51.377161 ] }, { "date": "2024-11-29", "close": 55.349998, "volume": 75450, "typical_volume": 141077.7, "trend": 49.879, "fair_value": 48.543415, "relative_strength": 3.496902, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.62884, "energy": 15.99667, "activity_lines": [ 52.330666, 51.734908, 52.653142, 51.758193 ] }, { "date": "2024-12-06", "close": 59.549999, "volume": 517969, "typical_volume": 162244.25, "trend": 50.517333, "fair_value": 48.581042, "relative_strength": 8.989451, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.616559, "energy": 34.544641, "activity_lines": [ 54.891999, 53.126908, 53.315618, 52.382129 ] }, { "date": "2024-12-13", "close": 63.110001, "volume": 700860, "typical_volume": 195309.75, "trend": 51.219333, "fair_value": 48.638619, "relative_strength": 15.105268, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 72.469322, "energy": 60.510196, "activity_lines": [ 58.165333, 55.071091, 54.260619, 53.194559 ] }, { "date": "2024-12-20", "close": 62.540001, "volume": 483360, "typical_volume": 216477.6, "trend": 51.685667, "fair_value": 48.683293, "relative_strength": 19.610064, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.118821, "energy": 69.75712, "activity_lines": [ 60.564667, 56.730909, 55.079523, 53.924924 ] }, { "date": "2024-12-27", "close": 60.0, "volume": 178155, "typical_volume": 217941.45, "trend": 52.220666, "fair_value": 48.709773, "relative_strength": 13.961444, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.003327, "energy": 67.000893, "activity_lines": [ 60.929334, 57.751818, 55.587619, 54.461333 ] }, { "date": "2025-01-03", "close": 56.91, "volume": 185271, "typical_volume": 194937.45, "trend": 52.696, "fair_value": 48.708471, "relative_strength": 8.10473, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.596942, "energy": 52.923936, "activity_lines": [ 59.862667, 58.062727, 55.755333, 54.763871 ] }, { "date": "2025-01-10", "close": 51.349998, "volume": 135320, "typical_volume": 176729.65, "trend": 52.971, "fair_value": 48.671529, "relative_strength": 1.039021, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.379082, "energy": 15.640582, "activity_lines": [ 56.838666, 57.191091, 55.395333, 54.677032 ] }, { "date": "2025-01-17", "close": 51.57, "volume": 178966, "typical_volume": 166559.2, "trend": 53.306666, "fair_value": 48.641099, "relative_strength": 3.417825, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.509486, "energy": 13.937331, "activity_lines": [ 54.434666, 56.379091, 55.078952, 54.586645 ] }, { "date": "2025-01-24", "close": 49.389999, "volume": 35282, "typical_volume": 156066.4, "trend": 53.426333, "fair_value": 48.614236, "relative_strength": 0.379521, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.810492, "energy": 18.890325, "activity_lines": [ 52.073333, 55.194, 54.587666, 54.333957 ] }, { "date": "2025-01-31", "close": 50.259998, "volume": 60473, "typical_volume": 152838.7, "trend": 53.501666, "fair_value": 48.584338, "relative_strength": 1.110815, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.014734, "energy": 24.088249, "activity_lines": [ 50.878665, 54.082181, 54.213142, 54.129677 ] }, { "date": "2025-02-07", "close": 46.5, "volume": 67039, "typical_volume": 151046.6, "trend": 53.435333, "fair_value": 48.544051, "relative_strength": -5.976622, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.099515, "energy": 42.781589, "activity_lines": [ 49.079999, 52.354363, 53.508142, 53.677957 ] }, { "date": "2025-02-14", "close": 42.759998, "volume": 107918, "typical_volume": 153366.8, "trend": 53.271333, "fair_value": 48.49159, "relative_strength": -10.566049, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -73.693055, "energy": 67.228475, "activity_lines": [ 46.728665, 50.107454, 52.484714, 52.989225 ] }, { "date": "2025-02-21", "close": 42.860001, "volume": 37493, "typical_volume": 153642.05, "trend": 53.099, "fair_value": 48.39863, "relative_strength": -9.284996, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.165615, "energy": 70.659939, "activity_lines": [ 44.983333, 48.183999, 51.525857, 52.317526 ] }, { "date": "2025-02-28", "close": 39.599998, "volume": 26203, "typical_volume": 153297.9, "trend": 52.816666, "fair_value": 48.323042, "relative_strength": -13.189086, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.622412, "energy": 77.487742, "activity_lines": [ 42.731999, 46.035999, 50.305618, 51.446623 ] }, { "date": "2025-03-07", "close": 43.900002, "volume": 44698, "typical_volume": 154021.95, "trend": 52.602666, "fair_value": 48.261942, "relative_strength": -5.642376, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.1039, "energy": 71.938238, "activity_lines": [ 42.566667, 45.086909, 49.557761, 50.871354 ] }, { "date": "2025-03-14", "close": 42.189999, "volume": 41042, "typical_volume": 153345.8, "trend": 52.099333, "fair_value": 48.201362, "relative_strength": -8.680751, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.47208, "energy": 65.886011, "activity_lines": [ 42.255333, 44.119636, 48.684904, 50.199569 ] }, { "date": "2025-03-21", "close": 42.990002, "volume": 49794, "typical_volume": 153516.7, "trend": 51.662, "fair_value": 48.132516, "relative_strength": -10.780847, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.206519, "energy": 48.939057, "activity_lines": [ 42.498001, 43.565455, 47.913381, 49.611871 ] }, { "date": "2025-03-28", "close": 39.669998, "volume": 389143, "typical_volume": 172017.95, "trend": 51.036333, "fair_value": 48.044301, "relative_strength": -18.23711, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.344649, "energy": 44.06562, "activity_lines": [ 41.618666, 42.559636, 46.870619, 48.838193 ] }, { "date": "2025-04-04", "close": 39.82, "volume": 38875, "typical_volume": 171325.3, "trend": 50.48, "fair_value": 47.950351, "relative_strength": -15.470529, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.212955, "energy": 44.406663, "activity_lines": [ 41.002, 41.797454, 45.904904, 48.114559 ] }, { "date": "2025-04-11", "close": 40.490002, "volume": 157320, "typical_volume": 175531.55, "trend": 49.961, "fair_value": 47.840604, "relative_strength": -13.643868, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.583002, "energy": 42.048922, "activity_lines": [ 40.594, 41.331091, 45.026333, 47.470043 ] }, { "date": "2025-04-18", "close": 42.369999, "volume": 20839, "typical_volume": 172801.0, "trend": 49.559, "fair_value": 47.733341, "relative_strength": -13.449756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.385569, "energy": 40.456002, "activity_lines": [ 41.04, 41.384182, 44.391047, 46.980301 ] }, { "date": "2025-04-25", "close": 44.139999, "volume": 215235, "typical_volume": 157664.3, "trend": 49.219666, "fair_value": 47.663894, "relative_strength": -10.503234, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.831076, "energy": 28.634089, "activity_lines": [ 42.064, 41.834182, 43.986143, 46.630688 ] }, { "date": "2025-05-02", "close": 43.490002, "volume": 29265, "typical_volume": 124084.55, "trend": 48.897, "fair_value": 47.61101, "relative_strength": -12.856101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.366088, "energy": 22.821381, "activity_lines": [ 42.794667, 42.140909, 43.592714, 46.261032 ] }, { "date": "2025-05-09", "close": 40.990002, "volume": 16816, "typical_volume": 100757.35, "trend": 48.503333, "fair_value": 47.572396, "relative_strength": -16.609448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.466458, "energy": 22.332759, "activity_lines": [ 42.437334, 41.981637, 43.054619, 45.750903 ] }, { "date": "2025-05-16", "close": 44.59, "volume": 97939, "typical_volume": 96746.55, "trend": 48.261333, "fair_value": 47.53613, "relative_strength": -12.880807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.924088, "energy": 17.208899, "activity_lines": [ 43.202001, 42.451637, 42.962, 45.49843 ] }, { "date": "2025-05-23", "close": 43.669998, "volume": 29040, "typical_volume": 88935.0, "trend": 48.134666, "fair_value": 47.490458, "relative_strength": -13.81638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.746305, "energy": 15.609632, "activity_lines": [ 43.386667, 42.741818, 42.855143, 45.202215 ] }, { "date": "2025-05-30", "close": 47.009998, "volume": 148484, "typical_volume": 89593.2, "trend": 47.954, "fair_value": 47.495537, "relative_strength": -6.795668, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.809988, "energy": 8.647113, "activity_lines": [ 44.597999, 43.612363, 43.129428, 45.129656 ] }, { "date": "2025-06-06", "close": 49.82, "volume": 796135, "typical_volume": 120451.65, "trend": 47.853, "fair_value": 47.51512, "relative_strength": -2.369965, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.716229, "energy": 15.275636, "activity_lines": [ 46.554666, 44.920727, 43.692, 45.250043 ] }, { "date": "2025-06-13", "close": 46.080002, "volume": 658966, "typical_volume": 151635.85, "trend": 47.898333, "fair_value": 47.533691, "relative_strength": -8.683549, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.683457, "energy": 16.005589, "activity_lines": [ 46.842667, 45.364546, 43.906714, 45.135656 ] }, { "date": "2025-06-20", "close": 48.709999, "volume": 106697, "typical_volume": 153947.05, "trend": 47.722666, "fair_value": 47.56338, "relative_strength": -5.140721, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.284237, "energy": 22.57816, "activity_lines": [ 47.668, 46.172727, 44.387667, 45.188021 ] }, { "date": "2025-06-27", "close": 47.549999, "volume": 305054, "typical_volume": 165847.8, "trend": 47.462666, "fair_value": 47.611784, "relative_strength": -9.252345, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.784814, "energy": 32.422442, "activity_lines": [ 47.832, 46.620545, 44.765524, 45.176882 ] }, { "date": "2025-07-04", "close": 46.0, "volume": 66530, "typical_volume": 163778.4, "trend": 47.011, "fair_value": 47.610069, "relative_strength": -11.461994, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.166779, "energy": 14.071276, "activity_lines": [ 47.220666, 46.692363, 44.990762, 45.082516 ] }, { "date": "2025-07-11", "close": 45.549999, "volume": 59002, "typical_volume": 164853.85, "trend": 46.425666, "fair_value": 47.606426, "relative_strength": -11.102829, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.982089, "energy": 10.129149, "activity_lines": [ 46.526666, 46.648545, 45.157714, 44.988258 ] }, { "date": "2025-07-18", "close": 44.75, "volume": 41704, "typical_volume": 165628.9, "trend": 45.832666, "fair_value": 47.596699, "relative_strength": -11.903553, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.644736, "energy": 5.617751, "activity_lines": [ 45.850666, 46.421818, 45.235666, 44.88015 ] }, { "date": "2025-07-25", "close": 45.439999, "volume": 34486, "typical_volume": 165118.3, "trend": 45.347333, "fair_value": 47.592032, "relative_strength": -9.983061, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.153079, "energy": 7.656328, "activity_lines": [ 45.493333, 46.252181, 45.354809, 44.854817 ] }, { "date": "2025-08-01", "close": 44.240002, "volume": 57426, "typical_volume": 165937.5, "trend": 44.925, "fair_value": 47.58063, "relative_strength": -11.270349, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.875935, "energy": 9.910841, "activity_lines": [ 44.954, 45.848909, 45.352333, 44.783376 ] }, { "date": "2025-08-08", "close": 42.529999, "volume": 26956, "typical_volume": 164795.6, "trend": 44.631, "fair_value": 47.529564, "relative_strength": -13.731536, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -26.598549, "energy": 19.225953, "activity_lines": [ 44.065333, 45.124363, 45.177238, 44.62886 ] }, { "date": "2025-08-15", "close": 44.310001, "volume": 472273, "typical_volume": 168952.1, "trend": 44.389, "fair_value": 47.488314, "relative_strength": -10.644117, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.135587, "energy": 12.067288, "activity_lines": [ 44.001334, 44.804909, 45.173857, 44.60815 ] }, { "date": "2025-08-22", "close": 45.5, "volume": 227649, "typical_volume": 178390.8, "trend": 44.259333, "fair_value": 47.447038, "relative_strength": -8.749802, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 12.961864, "energy": 10.77228, "activity_lines": [ 44.416667, 44.802, 45.261714, 44.679828 ] }, { "date": "2025-08-29", "close": 44.48, "volume": 51813, "typical_volume": 173115.45, "trend": 44.066667, "fair_value": 47.39476, "relative_strength": -8.743601, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 13.290427, "energy": 9.601692, "activity_lines": [ 44.442, 44.624182, 45.225381, 44.694064 ] }, { "date": "2025-09-05", "close": 46.139999, "volume": 50731, "typical_volume": 174610.05, "trend": 44.054667, "fair_value": 47.355673, "relative_strength": -6.170093, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 32.190986, "energy": 14.337785, "activity_lines": [ 45.084666, 44.825091, 45.328143, 44.827828 ] }, { "date": "2025-09-12", "close": 45.630001, "volume": 515162, "typical_volume": 189606.4, "trend": 44.150333, "fair_value": 47.322885, "relative_strength": -8.235619, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 33.097681, "energy": 16.803012, "activity_lines": [ 45.430667, 44.958909, 45.364381, 44.929462 ] }, { "date": "2025-09-19", "close": 46.189999, "volume": 69238, "typical_volume": 191605.05, "trend": 44.261333, "fair_value": 47.30359, "relative_strength": -7.633634, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.458516, "energy": 19.782059, "activity_lines": [ 45.756666, 45.201273, 45.446857, 45.061054 ] }, { "date": "2025-09-26", "close": 42.25, "volume": 57955, "typical_volume": 193662.0, "trend": 44.349667, "fair_value": 47.287885, "relative_strength": -12.901954, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 6.667179, "energy": 4.375827, "activity_lines": [ 44.644, 44.715636, 45.141238, 44.93129 ] }, { "date": "2025-10-03", "close": 44.360001, "volume": 32454, "typical_volume": 190387.75, "trend": 44.365, "fair_value": 47.268077, "relative_strength": -9.126976, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 15.769741, "energy": 10.138869, "activity_lines": [ 44.451334, 44.659091, 45.030571, 44.931957 ] }, { "date": "2025-10-10", "close": 42.540001, "volume": 21087, "typical_volume": 189990.1, "trend": 44.376667, "fair_value": 47.284679, "relative_strength": -13.837645, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -22.59948, "energy": 23.746432, "activity_lines": [ 43.660001, 44.291273, 44.747667, 44.814215 ] }, { "date": "2025-10-17", "close": 43.57, "volume": 95806, "typical_volume": 187356.2, "trend": 44.396, "fair_value": 47.301154, "relative_strength": -12.872582, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -18.135605, "energy": 23.402288, "activity_lines": [ 43.452, 44.141637, 44.568238, 44.762172 ] }, { "date": "2025-10-24", "close": 44.0, "volume": 29263, "typical_volume": 149012.6, "trend": 44.540333, "fair_value": 47.31782, "relative_strength": -12.079936, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.609245, "energy": 20.891152, "activity_lines": [ 43.524667, 44.051273, 44.446143, 44.736624 ] }, { "date": "2025-10-31", "close": 42.880001, "volume": 21747, "typical_volume": 117151.65, "trend": 44.642333, "fair_value": 47.311603, "relative_strength": -13.655034, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.061349, "energy": 33.468525, "activity_lines": [ 43.370001, 43.762909, 44.245095, 44.629505 ] }, { "date": "2025-11-07", "close": 40.259998, "volume": 62941, "typical_volume": 114963.85, "trend": 44.634667, "fair_value": 47.291154, "relative_strength": -17.700539, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.62577, "energy": 42.451998, "activity_lines": [ 42.3, 43.045818, 43.809762, 44.346774 ] }, { "date": "2025-11-14", "close": 40.139999, "volume": 16049, "typical_volume": 100513.6, "trend": 44.560333, "fair_value": 47.287244, "relative_strength": -18.983727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.672007, "energy": 52.052424, "activity_lines": [ 41.463333, 42.383636, 43.403238, 44.056796 ] }, { "date": "2025-11-21", "close": 40.759998, "volume": 27100, "typical_volume": 98542.1, "trend": 44.447667, "fair_value": 47.277692, "relative_strength": -17.656339, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.830082, "energy": 55.92889, "activity_lines": [ 40.993332, 41.943272, 43.091047, 43.811613 ] }, { "date": "2025-11-28", "close": 43.040001, "volume": 30613, "typical_volume": 97122.65, "trend": 44.432667, "fair_value": 47.259679, "relative_strength": -12.923329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.409812, "energy": 44.670767, "activity_lines": [ 41.470666, 42.006, 43.020952, 43.720796 ] }, { "date": "2025-12-05", "close": 41.82, "volume": 54204, "typical_volume": 97747.65, "trend": 44.460333, "fair_value": 47.238974, "relative_strength": -14.62799, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.070025, "energy": 29.382253, "activity_lines": [ 41.605333, 41.904181, 42.846619, 43.552236 ] }, { "date": "2025-12-12", "close": 41.25, "volume": 173820, "typical_volume": 104714.35, "trend": 44.349, "fair_value": 47.227436, "relative_strength": -14.492914, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.84907, "energy": 26.392965, "activity_lines": [ 41.620667, 41.706545, 42.631952, 43.345118 ] }, { "date": "2025-12-19", "close": 41.5, "volume": 17273, "typical_volume": 102706.7, "trend": 44.276667, "fair_value": 47.2425, "relative_strength": -12.753759, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.378794, "energy": 19.356143, "activity_lines": [ 41.653333, 41.610909, 42.461047, 43.161312 ] }, { "date": "2025-12-26", "close": 41.490002, "volume": 18002, "typical_volume": 102259.0, "trend": 44.092667, "fair_value": 47.221282, "relative_strength": -12.174854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.473483, "energy": 21.003153, "activity_lines": [ 41.592001, 41.532364, 42.302238, 42.981527 ] }, { "date": "2026-01-02", "close": 42.939999, "volume": 33284, "typical_volume": 80309.55, "trend": 43.863333, "fair_value": 47.214808, "relative_strength": -9.383025, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.970701, "energy": 16.6867, "activity_lines": [ 41.965334, 41.755273, 42.286476, 42.907161 ] }, { "date": "2026-01-09", "close": 39.549999, "volume": 25362, "typical_volume": 70195.2, "trend": 43.645667, "fair_value": 47.193654, "relative_strength": -13.840275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.037098, "energy": 27.562289, "activity_lines": [ 41.215333, 41.381091, 41.954381, 42.628882 ] }, { "date": "2026-01-16", "close": 39.990002, "volume": 20482, "typical_volume": 68628.65, "trend": 43.355, "fair_value": 47.166026, "relative_strength": -12.290503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.78, "energy": 31.306886, "activity_lines": [ 40.763334, 41.147455, 41.692524, 42.393032 ] }, { "date": "2026-01-23", "close": 36.700001, "volume": 102485, "typical_volume": 71216.35, "trend": 42.993333, "fair_value": 47.133013, "relative_strength": -16.82421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.280861, "energy": 53.141651, "activity_lines": [ 39.298667, 40.320546, 41.138714, 41.963678 ] }, { "date": "2026-01-30", "close": 36.619999, "volume": 28725, "typical_volume": 46894.5, "trend": 42.680667, "fair_value": 47.08891, "relative_strength": -17.272348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.003485, "energy": 63.812912, "activity_lines": [ 38.127333, 39.541637, 40.622238, 41.552495 ] }, { "date": "2026-02-06", "close": 36.93, "volume": 20652, "typical_volume": 44465.2, "trend": 42.393333, "fair_value": 47.053526, "relative_strength": -17.295351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.182673, "energy": 65.043176, "activity_lines": [ 37.384, 38.894364, 40.178191, 41.181484 ] }, { "date": "2026-02-13", "close": 37.75, "volume": 197845, "typical_volume": 51459.7, "trend": 42.16, "fair_value": 47.03782, "relative_strength": -14.357364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.232073, "energy": 58.368909, "activity_lines": [ 37.314667, 38.507273, 39.856333, 40.881914 ] }, { "date": "2026-02-20", "close": 37.720001, "volume": 40488, "typical_volume": 51861.4, "trend": 41.902667, "fair_value": 47.029295, "relative_strength": -14.375147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.648912, "energy": 41.280399, "activity_lines": [ 37.355334, 38.188728, 39.553048, 40.595462 ] }, { "date": "2026-02-27", "close": 38.650002, "volume": 14987, "typical_volume": 51556.4, "trend": 41.716333, "fair_value": 47.034423, "relative_strength": -10.641819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.65673, "energy": 31.727483, "activity_lines": [ 37.857334, 38.103455, 39.369953, 40.385613 ] }, { "date": "2026-03-06", "close": 36.380001, "volume": 72351, "typical_volume": 50383.65, "trend": 41.511333, "fair_value": 47.025641, "relative_strength": -12.937971, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.943037, "energy": 31.660604, "activity_lines": [ 37.472668, 37.657273, 38.989191, 40.041334 ] }, { "date": "2026-03-13", "close": 35.93, "volume": 30524, "typical_volume": 50446.7, "trend": 41.232, "fair_value": 46.998269, "relative_strength": -8.84873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.595737, "energy": 33.474471, "activity_lines": [ 36.954001, 37.222182, 38.59981, 39.681248 ] }, { "date": "2026-03-20", "close": 34.279999, "volume": 54455, "typical_volume": 52082.1, "trend": 40.858, "fair_value": 46.973462, "relative_strength": -12.543276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.993307, "energy": 39.181371, "activity_lines": [ 35.952, 36.614546, 38.091715, 39.232731 ] }, { "date": "2026-03-27", "close": 29.700001, "volume": 165076, "typical_volume": 57188.85, "trend": 40.365333, "fair_value": 46.912564, "relative_strength": -22.912034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.572836, "energy": 68.668857, "activity_lines": [ 33.654667, 35.27, 37.188381, 38.51286 ] }, { "date": "2026-04-03", "close": 32.150002, "volume": 39933, "typical_volume": 58383.05, "trend": 39.899, "fair_value": 46.850064, "relative_strength": -15.852018, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.716328, "energy": 66.458926, "activity_lines": [ 32.708667, 34.558001, 36.568667, 37.982839 ] }, { "date": "2026-04-10", "close": 35.209999, "volume": 13125, "typical_volume": 57684.3, "trend": 39.551667, "fair_value": 46.816795, "relative_strength": -12.658751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.955636, "energy": 56.4951, "activity_lines": [ 33.216, 34.485091, 36.278429, 37.680323 ] }, { "date": "2026-04-17", "close": 37.23, "volume": 19100, "typical_volume": 57108.65, "trend": 39.253, "fair_value": 46.794231, "relative_strength": -8.536917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.771954, "energy": 34.666001, "activity_lines": [ 34.474667, 34.805091, 36.207, 37.530538 ] }, { "date": "2026-04-24", "close": 38.889999, "volume": 52372, "typical_volume": 57017.05, "trend": 39.141, "fair_value": 46.763397, "relative_strength": -2.402861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.309396, "energy": 14.212124, "activity_lines": [ 36.2, 35.421455, 36.321334, 37.507118 ] }, { "date": "2026-05-01", "close": 39.279999, "volume": 49088, "typical_volume": 50780.45, "trend": 38.971667, "fair_value": 46.745961, "relative_strength": -1.663774, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.194519, "energy": 16.952116, "activity_lines": [ 37.747999, 36.088, 36.486762, 37.516086 ] }, { "date": "2026-05-08", "close": 38.900002, "volume": 14729, "typical_volume": 50653.25, "trend": 38.850333, "fair_value": 46.725449, "relative_strength": -3.224575, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.891257, "energy": 15.922402, "activity_lines": [ 38.530667, 36.657091, 36.625381, 37.511463 ] }, { "date": "2026-05-15", "close": 37.509998, "volume": 24748, "typical_volume": 50990.55, "trend": 38.648333, "fair_value": 46.701474, "relative_strength": -4.363852, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.249668, "energy": 14.847556, "activity_lines": [ 38.4, 36.968909, 36.644, 37.424989 ] }, { "date": "2026-05-22", "close": 35.779999, "volume": 16897, "typical_volume": 50171.2, "trend": 38.374333, "fair_value": 46.664167, "relative_strength": -8.803349, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.570329, "energy": 11.610387, "activity_lines": [ 37.539333, 36.945636, 36.516809, 37.239936 ] }, { "date": "2026-05-29", "close": 36.5, "volume": 13419, "typical_volume": 49574.05, "trend": 38.161667, "fair_value": 46.633397, "relative_strength": -5.908334, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.586996, "energy": 9.649974, "activity_lines": [ 37.015333, 37.056, 36.492286, 37.119011 ] }, { "date": "2026-06-05", "close": 37.779999, "volume": 4255, "typical_volume": 48762.7, "trend": 38.079, "fair_value": 46.600577, "relative_strength": -1.421701, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.480005, "energy": 11.082874, "activity_lines": [ 37.077333, 37.358727, 36.60419, 37.094387 ] }, { "date": "2026-06-12", "close": 37.779999, "volume": 1140, "typical_volume": 43695.45, "trend": 38.000333, "fair_value": 46.558141, "relative_strength": -2.187039, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.572915, "energy": 10.741341, "activity_lines": [ 37.239332, 37.514545, 36.726619, 37.075097 ] }, { "date": "2026-06-19", "close": 38.98, "volume": 6327, "typical_volume": 42575.55, "trend": 37.941, "fair_value": 46.530449, "relative_strength": -0.349275, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.188007, "energy": 6.802356, "activity_lines": [ 37.875999, 37.786181, 36.95819, 37.138301 ] }, { "date": "2026-06-26", "close": 36.5, "volume": 0, "typical_volume": 41542.95, "trend": 37.723, "fair_value": 46.484295, "relative_strength": -6.483214, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.443655, "energy": 11.390216, "activity_lines": [ 37.588, 37.538363, 36.942333, 37.045333 ] }, { "date": "2026-07-03", "close": 35.990002, "volume": 3591, "typical_volume": 31830.25, "trend": 37.528667, "fair_value": 46.441603, "relative_strength": -8.25399, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.536887, "energy": 11.582541, "activity_lines": [ 37.082, 37.211091, 36.879952, 36.933527 ] }, { "date": "2026-07-10", "close": 36.299999, "volume": 66479, "typical_volume": 33129.8, "trend": 37.363667, "fair_value": 46.400577, "relative_strength": -6.874047, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.085176, "energy": 10.925356, "activity_lines": [ 36.713333, 36.992909, 36.855476, 36.854258 ] }, { "date": "2026-07-17", "close": 35.029999, "volume": 16219, "typical_volume": 33191.4, "trend": 37.148, "fair_value": 46.350449, "relative_strength": -10.224484, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.628066, "energy": 24.77794, "activity_lines": [ 36.02, 36.598, 36.716809, 36.703699 ] }, { "date": "2026-07-24", "close": 33.790001, "volume": 24113, "typical_volume": 30779.5, "trend": 36.891333, "fair_value": 46.293654, "relative_strength": -10.901224, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.348786, "energy": 47.030259, "activity_lines": [ 35.096667, 36.048, 36.477286, 36.487054 ] }, { "date": "2026-07-31", "close": 34.799999, "volume": 14080, "typical_volume": 29957.3, "trend": 36.62, "fair_value": 46.230513, "relative_strength": -10.152073, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.498543, "energy": 51.195396, "activity_lines": [ 34.856, 35.749273, 36.346285, 36.352129 ] }, { "date": "2026-08-07", "close": 34.34, "volume": 14112, "typical_volume": 27940.15, "trend": 36.446333, "fair_value": 46.16282, "relative_strength": -11.642346, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.457688, "energy": 54.922886, "activity_lines": [ 34.575333, 35.384727, 36.176857, 36.205032 ] } ], "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." } } }