{ "ticker": { "uuid": "f3782858-132b-4b6e-99fd-6bbb4d4ebb4d", "symbol": "CANBK", "name": "Canara Bank", "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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 50.07, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -42.697, "architecture_energy": 25.693, "architecture_maturity": 31.617, "architecture_confidence": 79.078, "architecture_tenure": "Established", "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": 33.18, "rotation_up": 23.09, "upward_expansion": 4.51, "deceleration": 48.88, "rotation_down": 48.85, "downward_expansion": 77.85 }, "activity_lines": [ 127.694667, 128.091873, 128.662131, 130.26414 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 131.949997, "trend_reference": 133.68752, "distance_from_trend": -0.012997, "trend_direction": "Weakening", "fair_value": 105.740804, "distance_from_fair_value": 0.247863, "fair_value_direction": "Weakening", "relative_strength": 1.356661, "relative_strength_direction": "Weakening", "price_momentum": -0.074722, "excess_performance": -0.031013, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.012997, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.035277, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.247863, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.05471, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.013567, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.056835, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.074722, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.574034, "read": "Demand-led" } ], "volume": { "latest": 105026725, "relative_activity": 1.162567, "balance": 1.574034, "dry_up": 1.259233, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.048703, "annualized_volatility": 0.302088, "from_high_reference": -0.163222, "from_low_reference": 0.316299 }, "levels": { "trend_reference": 133.68752, "fair_value_reference": 105.740804, "structural_low": 117.900718, "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": 14, "median_return": 0.0158, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.019361, "regime_survival": 0.857143, "best_return": 0.232114, "worst_return": -0.132626, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.117084, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.07683, "regime_survival": 0.5, "best_return": 0.392684, "worst_return": -0.222181, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.386437, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.265136, "regime_survival": 0.333333, "best_return": 0.568316, "worst_return": -0.220791, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.368947, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.279258, "regime_survival": 0.0, "best_return": 0.657571, "worst_return": 0.080324, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-09-22", "end": "2024-05-10", "tenure": "Extended", "return": 0.431388, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-17", "end": "2024-06-14", "tenure": "Developing", "return": 0.090397, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-21", "end": "2024-07-19", "tenure": "Developing", "return": -0.0523, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-26", "end": "2024-09-06", "tenure": "Developing", "return": -0.092043, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2025-04-25", "tenure": "Extended", "return": -0.092678, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-05-09", "tenure": "New", "return": 0.010139, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-16", "end": "2025-06-06", "tenure": "New", "return": 0.073775, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-08-08", "tenure": "Developing", "return": -0.032029, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-09-19", "tenure": "Developing", "return": 0.077796, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2026-02-06", "tenure": "Established", "return": 0.247544, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-13", "end": "2026-03-27", "tenure": "Developing", "return": -0.079848, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.108706, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": -0.002302, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": 0.064283, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 59.734749, "volume": 131190265, "typical_volume": 169167271.25, "trend": 54.169177, "fair_value": 36.785857, "relative_strength": 7.72477, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.570201, "energy": 51.277004, "activity_lines": [ 60.423846, 59.897539, 57.76335, 56.096237 ] }, { "date": "2023-08-25", "close": 59.25251, "volume": 165899145, "typical_volume": 173927174.0, "trend": 54.446327, "fair_value": 37.041112, "relative_strength": 6.609922, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.866379, "energy": 36.288903, "activity_lines": [ 59.908239, 59.974302, 58.076566, 56.424194 ] }, { "date": "2023-09-01", "close": 59.762051, "volume": 115836835, "typical_volume": 174376362.75, "trend": 54.70837, "fair_value": 37.312167, "relative_strength": 6.134876, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.72913, "energy": 32.372953, "activity_lines": [ 59.714735, 60.071414, 58.39334, 56.767144 ] }, { "date": "2023-09-08", "close": 61.709229, "volume": 168895775, "typical_volume": 175741460.5, "trend": 55.05049, "fair_value": 37.598308, "relative_strength": 6.952886, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.215968, "energy": 36.363725, "activity_lines": [ 60.35045, 60.416679, 58.853748, 57.218813 ] }, { "date": "2023-09-15", "close": 66.395195, "volume": 361282430, "typical_volume": 185842955.25, "trend": 55.550268, "fair_value": 37.91682, "relative_strength": 12.32275, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 80.593841, "energy": 55.497578, "activity_lines": [ 62.422588, 61.490688, 59.712732, 57.950729 ] }, { "date": "2023-09-22", "close": 69.689026, "volume": 374061615, "typical_volume": 199034975.0, "trend": 56.291415, "fair_value": 38.269034, "relative_strength": 20.031578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.8736, "energy": 85.5663, "activity_lines": [ 65.195347, 63.060508, 60.833856, 58.862907 ] }, { "date": "2023-09-29", "close": 68.469765, "volume": 298633775, "typical_volume": 193893138.75, "trend": 56.792952, "fair_value": 38.61061, "relative_strength": 17.273015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.116967, "energy": 87.264021, "activity_lines": [ 66.898068, 64.222199, 61.772533, 59.648607 ] }, { "date": "2023-10-06", "close": 68.296875, "volume": 167738965, "typical_volume": 192108312.25, "trend": 57.329571, "fair_value": 38.948203, "relative_strength": 16.016334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.387626, "energy": 88.218319, "activity_lines": [ 67.928675, 65.226393, 62.616261, 60.390796 ] }, { "date": "2023-10-13", "close": 66.704559, "volume": 142834875, "typical_volume": 194123684.75, "trend": 57.909095, "fair_value": 39.280472, "relative_strength": 11.984159, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.122396, "energy": 84.424781, "activity_lines": [ 67.859522, 65.835031, 63.231347, 60.995633 ] }, { "date": "2023-10-20", "close": 67.205009, "volume": 147427820, "typical_volume": 195155596.25, "trend": 58.551687, "fair_value": 39.614104, "relative_strength": 13.474385, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.399819, "energy": 64.188118, "activity_lines": [ 67.624164, 66.40959, 63.832103, 61.59537 ] }, { "date": "2023-10-27", "close": 69.297775, "volume": 276071810, "typical_volume": 204116365.75, "trend": 59.201898, "fair_value": 39.964786, "relative_strength": 19.440811, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.399816, "energy": 57.348338, "activity_lines": [ 68.032407, 67.241568, 64.573671, 62.288666 ] }, { "date": "2023-11-03", "close": 70.517029, "volume": 176350215, "typical_volume": 206698319.0, "trend": 59.892166, "fair_value": 40.316936, "relative_strength": 19.781236, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.288837, "energy": 59.079964, "activity_lines": [ 68.873151, 68.121355, 65.360601, 63.018674 ] }, { "date": "2023-11-10", "close": 70.49884, "volume": 109506675, "typical_volume": 206146328.0, "trend": 60.542736, "fair_value": 40.669566, "relative_strength": 18.012344, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.151253, "energy": 59.027603, "activity_lines": [ 69.571348, 68.793026, 66.073225, 63.702976 ] }, { "date": "2023-11-17", "close": 72.391418, "volume": 152739150, "typical_volume": 208993913.5, "trend": 61.23276, "fair_value": 41.032375, "relative_strength": 18.771066, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.98455, "energy": 62.248279, "activity_lines": [ 70.753606, 69.613587, 66.887236, 64.467407 ] }, { "date": "2023-11-24", "close": 70.935577, "volume": 83661720, "typical_volume": 198420073.5, "trend": 61.745014, "fair_value": 41.374458, "relative_strength": 15.657647, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.323619, "energy": 57.276388, "activity_lines": [ 71.071461, 69.975228, 67.479448, 65.093395 ] }, { "date": "2023-12-01", "close": 74.666161, "volume": 139818185, "typical_volume": 196583124.5, "trend": 62.375203, "fair_value": 41.732426, "relative_strength": 18.38659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.36006, "energy": 61.710801, "activity_lines": [ 72.384138, 70.932606, 68.37834, 65.927018 ] }, { "date": "2023-12-08", "close": 79.807083, "volume": 211818015, "typical_volume": 196225156.75, "trend": 63.302497, "fair_value": 42.108102, "relative_strength": 21.702398, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.753236, "energy": 79.529841, "activity_lines": [ 75.052564, 72.734202, 69.694311, 67.051655 ] }, { "date": "2023-12-15", "close": 81.736069, "volume": 170803110, "typical_volume": 187969938.0, "trend": 64.289422, "fair_value": 42.500105, "relative_strength": 21.195306, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.366555, "energy": 92.22482, "activity_lines": [ 77.744649, 74.680391, 71.106992, 68.240918 ] }, { "date": "2023-12-22", "close": 77.532341, "volume": 171429630, "typical_volume": 187996427.0, "trend": 65.084294, "fair_value": 42.866083, "relative_strength": 15.001009, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.091421, "energy": 83.920852, "activity_lines": [ 78.286342, 75.617916, 72.027548, 69.0953 ] }, { "date": "2023-12-29", "close": 79.616005, "volume": 135855730, "typical_volume": 185092787.0, "trend": 65.907485, "fair_value": 43.2318, "relative_strength": 15.704881, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.699684, "energy": 84.131989, "activity_lines": [ 79.179862, 76.737421, 73.062231, 70.032829 ] }, { "date": "2024-01-05", "close": 84.065407, "volume": 230411400, "typical_volume": 190053843.75, "trend": 66.895035, "fair_value": 43.628535, "relative_strength": 21.746356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.185697, "energy": 83.192257, "activity_lines": [ 80.97782, 78.440253, 74.429331, 71.204308 ] }, { "date": "2024-01-12", "close": 84.119995, "volume": 150767315, "typical_volume": 189297252.25, "trend": 67.856493, "fair_value": 44.018783, "relative_strength": 20.309928, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.198025, "energy": 68.536095, "activity_lines": [ 82.167358, 79.884508, 75.685769, 72.315596 ] }, { "date": "2024-01-19", "close": 84.920708, "volume": 144242035, "typical_volume": 190717512.25, "trend": 68.889226, "fair_value": 44.418613, "relative_strength": 22.371809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.977424, "energy": 67.461132, "activity_lines": [ 83.336273, 81.22702, 76.900048, 73.416513 ] }, { "date": "2024-01-26", "close": 84.675034, "volume": 233596545, "typical_volume": 193952550.75, "trend": 69.880711, "fair_value": 44.81817, "relative_strength": 22.77089, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.23024, "energy": 65.488374, "activity_lines": [ 84.210987, 82.262649, 77.971127, 74.434952 ] }, { "date": "2024-02-02", "close": 93.601135, "volume": 254855435, "typical_volume": 188631201.0, "trend": 70.976531, "fair_value": 45.243641, "relative_strength": 31.52286, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.644003, "energy": 73.7903, "activity_lines": [ 87.584889, 84.697866, 79.78295, 75.965302 ] }, { "date": "2024-02-09", "close": 103.910255, "volume": 353134905, "typical_volume": 187584865.5, "trend": 72.459057, "fair_value": 45.739266, "relative_strength": 44.870262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.876422, "energy": 89.443005, "activity_lines": [ 93.462822, 88.595368, 82.447042, 78.090059 ] }, { "date": "2024-02-16", "close": 106.612648, "volume": 262292140, "typical_volume": 185767783.75, "trend": 73.9616, "fair_value": 46.249066, "relative_strength": 45.223687, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.126925, "energy": 94.864589, "activity_lines": [ 98.918563, 92.452504, 85.205547, 80.293516 ] }, { "date": "2024-02-23", "close": 105.629959, "volume": 232107760, "typical_volume": 188986223.5, "trend": 75.400451, "fair_value": 46.755606, "relative_strength": 41.110242, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.510426, "energy": 91.778373, "activity_lines": [ 102.54723, 95.643595, 87.688829, 82.336636 ] }, { "date": "2024-03-01", "close": 105.302406, "volume": 242232900, "typical_volume": 193956124.75, "trend": 76.916339, "fair_value": 47.257441, "relative_strength": 38.552593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.835653, "energy": 87.899347, "activity_lines": [ 104.686097, 98.340696, 89.963139, 84.265794 ] }, { "date": "2024-03-08", "close": 108.814598, "volume": 164061870, "typical_volume": 194787827.25, "trend": 78.52898, "fair_value": 47.784612, "relative_strength": 40.724946, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.263633, "energy": 85.079629, "activity_lines": [ 106.620536, 101.171467, 92.388144, 86.323747 ] }, { "date": "2024-03-15", "close": 99.934013, "volume": 229646965, "typical_volume": 192466585.0, "trend": 79.868956, "fair_value": 48.261367, "relative_strength": 30.789572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.534155, "energy": 64.59541, "activity_lines": [ 104.580549, 101.856703, 93.769239, 87.704716 ] }, { "date": "2024-03-22", "close": 104.301514, "volume": 133575040, "typical_volume": 190327826.25, "trend": 81.370589, "fair_value": 48.771381, "relative_strength": 34.640264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.179355, "energy": 59.048975, "activity_lines": [ 104.261479, 103.047511, 95.420399, 89.28101 ] }, { "date": "2024-03-29", "close": 105.739159, "volume": 98688385, "typical_volume": 189786911.75, "trend": 82.90316, "fair_value": 49.279543, "relative_strength": 33.719058, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.431238, "energy": 55.916915, "activity_lines": [ 104.575699, 104.132771, 97.047599, 90.853176 ] }, { "date": "2024-04-05", "close": 111.917358, "volume": 160992695, "typical_volume": 190199589.0, "trend": 84.576764, "fair_value": 49.835555, "relative_strength": 38.74493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.835387, "energy": 59.164606, "activity_lines": [ 106.942039, 105.962823, 99.095388, 92.72506 ] }, { "date": "2024-04-12", "close": 110.252235, "volume": 83781965, "typical_volume": 190205601.25, "trend": 86.038665, "fair_value": 50.396681, "relative_strength": 35.168765, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.628881, "energy": 59.071886, "activity_lines": [ 108.312342, 106.99481, 100.796375, 94.381542 ] }, { "date": "2024-04-19", "close": 105.320602, "volume": 134994220, "typical_volume": 189964403.0, "trend": 87.226384, "fair_value": 50.93021, "relative_strength": 30.035487, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.818927, "energy": 52.274086, "activity_lines": [ 107.942924, 106.82739, 101.84046, 95.625538 ] }, { "date": "2024-04-26", "close": 112.390495, "volume": 191308200, "typical_volume": 188938912.25, "trend": 88.690409, "fair_value": 51.500106, "relative_strength": 35.692951, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.883355, "energy": 56.339444, "activity_lines": [ 109.571031, 107.919762, 103.411895, 97.249029 ] }, { "date": "2024-05-03", "close": 113.855438, "volume": 121897980, "typical_volume": 186493655.75, "trend": 90.209028, "fair_value": 52.07337, "relative_strength": 35.7211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.137491, "energy": 57.005794, "activity_lines": [ 111.148187, 109.173435, 104.96769, 98.872579 ] }, { "date": "2024-05-10", "close": 99.752029, "volume": 327406815, "typical_volume": 194292515.0, "trend": 91.31061, "fair_value": 52.552702, "relative_strength": 20.134568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.774136, "energy": 34.943814, "activity_lines": [ 107.483121, 107.713298, 105.027353, 99.488257 ] }, { "date": "2024-05-17", "close": 103.546303, "volume": 279453070, "typical_volume": 201472382.0, "trend": 92.521986, "fair_value": 53.050605, "relative_strength": 21.341527, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.662782, "energy": 28.541383, "activity_lines": [ 105.893836, 107.043945, 105.342567, 100.277656 ] }, { "date": "2024-05-24", "close": 106.639946, "volume": 132949547, "typical_volume": 196599289.35, "trend": 93.766725, "fair_value": 53.558519, "relative_strength": 21.224245, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.940783, "energy": 21.500438, "activity_lines": [ 105.782827, 107.03286, 105.838461, 101.188492 ] }, { "date": "2024-05-31", "close": 107.367874, "volume": 424761040, "typical_volume": 210298975.6, "trend": 94.995087, "fair_value": 54.071967, "relative_strength": 23.24688, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.956898, "energy": 21.624716, "activity_lines": [ 105.826504, 107.032199, 106.296183, 102.065986 ] }, { "date": "2024-06-07", "close": 108.186783, "volume": 492406300, "typical_volume": 227707188.85, "trend": 96.251352, "fair_value": 54.596307, "relative_strength": 19.122727, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.032678, "energy": 20.631677, "activity_lines": [ 106.477992, 107.124679, 106.721192, 102.917063 ] }, { "date": "2024-06-14", "close": 112.906624, "volume": 215560718, "typical_volume": 226805397.5, "trend": 97.601858, "fair_value": 55.160126, "relative_strength": 22.25939, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.103464, "energy": 34.800951, "activity_lines": [ 109.080671, 108.03081, 107.484919, 103.991597 ] }, { "date": "2024-06-21", "close": 111.327194, "volume": 130889980, "typical_volume": 220607124.75, "trend": 98.948246, "fair_value": 55.707309, "relative_strength": 19.290202, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.472424, "energy": 35.400992, "activity_lines": [ 110.279901, 108.631785, 107.963789, 104.877102 ] }, { "date": "2024-06-28", "close": 111.654297, "volume": 174645868, "typical_volume": 211682672.9, "trend": 100.181184, "fair_value": 56.25621, "relative_strength": 16.096913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.017151, "energy": 36.43349, "activity_lines": [ 111.069438, 109.272688, 108.3894, 105.696848 ] }, { "date": "2024-07-05", "close": 110.056168, "volume": 100131698, "typical_volume": 203574650.8, "trend": 101.189486, "fair_value": 56.797633, "relative_strength": 12.216166, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.547735, "energy": 39.083233, "activity_lines": [ 110.991976, 109.507864, 108.625933, 106.333943 ] }, { "date": "2024-07-12", "close": 105.345871, "volume": 125834974, "typical_volume": 198261011.5, "trend": 101.97648, "fair_value": 57.308754, "relative_strength": 5.994009, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.606615, "energy": 21.31761, "activity_lines": [ 109.165195, 108.929065, 108.397469, 106.602097 ] }, { "date": "2024-07-19", "close": 105.504753, "volume": 141782015, "typical_volume": 193238467.25, "trend": 102.908894, "fair_value": 57.826589, "relative_strength": 5.437438, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.361594, "energy": 11.292899, "activity_lines": [ 107.580769, 108.533873, 108.185488, 106.829728 ] }, { "date": "2024-07-26", "close": 106.411301, "volume": 203853368, "typical_volume": 195228042.15, "trend": 103.80207, "fair_value": 58.342478, "relative_strength": 4.497381, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.426933, "energy": 13.455884, "activity_lines": [ 106.791984, 108.198913, 108.058883, 107.055689 ] }, { "date": "2024-08-02", "close": 103.261765, "volume": 139329247, "typical_volume": 190712156.25, "trend": 104.441949, "fair_value": 58.833674, "relative_strength": 1.35634, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.327345, "energy": 10.666689, "activity_lines": [ 105.28108, 107.239219, 107.643765, 107.020831 ] }, { "date": "2024-08-09", "close": 103.411301, "volume": 147956939, "typical_volume": 191431251.2, "trend": 105.084992, "fair_value": 59.327293, "relative_strength": 2.420395, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.381468, "energy": 19.861606, "activity_lines": [ 104.379523, 106.368135, 107.227043, 106.954338 ] }, { "date": "2024-08-16", "close": 100.579514, "volume": 85508591, "typical_volume": 190772261.5, "trend": 105.606952, "fair_value": 59.806232, "relative_strength": -1.548325, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.913734, "energy": 38.789522, "activity_lines": [ 102.977028, 105.054119, 106.544866, 106.663662 ] }, { "date": "2024-08-23", "close": 104.766441, "volume": 94610840, "typical_volume": 187453168.75, "trend": 106.276666, "fair_value": 60.313313, "relative_strength": 0.851576, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.082219, "energy": 33.711415, "activity_lines": [ 103.287933, 104.639675, 106.286013, 106.609435 ] }, { "date": "2024-08-30", "close": 104.233719, "volume": 74014250, "typical_volume": 186964783.0, "trend": 106.631085, "fair_value": 60.807105, "relative_strength": -1.778732, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.491381, "energy": 34.426844, "activity_lines": [ 103.470485, 104.276377, 106.010477, 106.477632 ] }, { "date": "2024-09-06", "close": 96.616898, "volume": 162619891, "typical_volume": 188346066.55, "trend": 106.387974, "fair_value": 61.255542, "relative_strength": -7.876514, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -74.155031, "energy": 60.483935, "activity_lines": [ 101.259268, 102.657174, 105.038189, 105.831555 ] }, { "date": "2024-09-13", "close": 99.429985, "volume": 142400116, "typical_volume": 185900662.35, "trend": 106.148551, "fair_value": 61.716316, "relative_strength": -7.347301, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.821662, "energy": 53.408519, "activity_lines": [ 100.428738, 101.822849, 104.375261, 105.382653 ] }, { "date": "2024-09-20", "close": 98.093529, "volume": 86000137, "typical_volume": 184105770.2, "trend": 105.897337, "fair_value": 62.174003, "relative_strength": -10.238982, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.751284, "energy": 60.269483, "activity_lines": [ 99.418144, 100.938735, 103.646767, 104.862974 ] }, { "date": "2024-09-27", "close": 105.701019, "volume": 240494416, "typical_volume": 179760150.25, "trend": 105.910624, "fair_value": 62.659676, "relative_strength": -4.948969, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.304578, "energy": 41.676515, "activity_lines": [ 101.109112, 101.569662, 103.717853, 104.850308 ] }, { "date": "2024-10-04", "close": 100.579514, "volume": 87128675, "typical_volume": 170143930.5, "trend": 105.636121, "fair_value": 63.112085, "relative_strength": -5.577805, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.918348, "energy": 28.982786, "activity_lines": [ 101.030607, 101.265838, 103.272848, 104.506366 ] }, { "date": "2024-10-11", "close": 97.252411, "volume": 108484220, "typical_volume": 168920664.15, "trend": 105.546735, "fair_value": 63.525479, "relative_strength": -8.730761, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.685806, "energy": 33.519539, "activity_lines": [ 100.086681, 100.463119, 102.525104, 103.965481 ] }, { "date": "2024-10-18", "close": 97.822502, "volume": 65742712, "typical_volume": 150969747.75, "trend": 105.330768, "fair_value": 63.937048, "relative_strength": -7.994712, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.790175, "energy": 31.662118, "activity_lines": [ 99.290418, 99.873313, 101.876357, 103.467144 ] }, { "date": "2024-10-25", "close": 88.074829, "volume": 123275682, "typical_volume": 132513216.85, "trend": 104.741957, "fair_value": 64.26888, "relative_strength": -14.857921, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.848707, "energy": 68.248666, "activity_lines": [ 95.352096, 97.612818, 100.344714, 102.353857 ] }, { "date": "2024-11-01", "close": 97.158951, "volume": 160534459, "typical_volume": 129761903.9, "trend": 104.25001, "fair_value": 64.643426, "relative_strength": -6.69244, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.47867, "energy": 59.281936, "activity_lines": [ 95.109728, 97.231339, 99.773997, 101.864631 ] }, { "date": "2024-11-08", "close": 96.906616, "volume": 121580108, "typical_volume": 129296410.3, "trend": 103.805156, "fair_value": 65.014184, "relative_strength": -6.494058, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.624728, "energy": 53.438352, "activity_lines": [ 95.352719, 96.942299, 99.254237, 101.390864 ] }, { "date": "2024-11-15", "close": 91.112221, "volume": 77718698, "typical_volume": 124450051.8, "trend": 103.331543, "fair_value": 65.360006, "relative_strength": -9.867662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.231355, "energy": 59.15807, "activity_lines": [ 93.909105, 95.732953, 98.251299, 100.571965 ] }, { "date": "2024-11-22", "close": 90.663628, "volume": 106127016, "typical_volume": 124749817.7, "trend": 102.607314, "fair_value": 65.72129, "relative_strength": -11.798991, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.829112, "energy": 42.535186, "activity_lines": [ 92.725307, 94.542129, 97.303457, 99.75468 ] }, { "date": "2024-11-29", "close": 95.336525, "volume": 116928931, "typical_volume": 124304515.55, "trend": 101.990017, "fair_value": 66.108351, "relative_strength": -8.222901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.55402, "energy": 35.603054, "activity_lines": [ 93.576399, 94.360311, 96.892999, 99.285597 ] }, { "date": "2024-12-06", "close": 102.168304, "volume": 183293563, "typical_volume": 126380092.95, "trend": 102.07056, "fair_value": 66.522225, "relative_strength": -3.968453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.020765, "energy": 19.204527, "activity_lines": [ 96.220637, 95.470763, 97.180849, 99.297099 ] }, { "date": "2024-12-13", "close": 99.607559, "volume": 78850029, "typical_volume": 120129926.0, "trend": 101.939268, "fair_value": 66.941439, "relative_strength": -6.805698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.65312, "energy": 15.240111, "activity_lines": [ 97.677338, 96.179855, 97.240708, 99.138196 ] }, { "date": "2024-12-20", "close": 93.093529, "volume": 82783290, "typical_volume": 117302628.15, "trend": 101.487721, "fair_value": 67.327739, "relative_strength": -8.668338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.425831, "energy": 20.406737, "activity_lines": [ 96.782631, 95.722251, 96.712581, 98.567503 ] }, { "date": "2024-12-27", "close": 93.794472, "volume": 58180062, "typical_volume": 112813784.3, "trend": 101.035274, "fair_value": 67.712023, "relative_strength": -8.965026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.83489, "energy": 18.013021, "activity_lines": [ 95.989486, 95.467706, 96.29963, 98.071164 ] }, { "date": "2025-01-03", "close": 94.813156, "volume": 98702452, "typical_volume": 113473477.35, "trend": 100.589487, "fair_value": 68.089436, "relative_strength": -8.741385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.839369, "energy": 22.750589, "activity_lines": [ 95.327178, 95.471614, 96.029492, 97.669738 ] }, { "date": "2025-01-10", "close": 86.75708, "volume": 105780308, "typical_volume": 114031950.75, "trend": 99.717835, "fair_value": 68.398551, "relative_strength": -14.39946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.809175, "energy": 52.37754, "activity_lines": [ 92.014404, 93.888265, 95.019567, 96.777324 ] }, { "date": "2025-01-17", "close": 91.4767, "volume": 144958332, "typical_volume": 117579154.85, "trend": 99.056152, "fair_value": 68.750995, "relative_strength": -8.860766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.436835, "energy": 46.645559, "activity_lines": [ 91.302251, 93.352155, 94.544889, 96.245638 ] }, { "date": "2025-01-24", "close": 90.420631, "volume": 83867019, "typical_volume": 113641511.25, "trend": 98.348363, "fair_value": 69.071388, "relative_strength": -9.459811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.185051, "energy": 50.998081, "activity_lines": [ 90.780132, 92.722757, 94.03038, 95.688508 ] }, { "date": "2025-01-31", "close": 87.168289, "volume": 170793999, "typical_volume": 115061205.4, "trend": 97.585434, "fair_value": 69.346951, "relative_strength": -14.041935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.066237, "energy": 61.199827, "activity_lines": [ 89.352092, 91.514599, 93.235631, 94.967213 ] }, { "date": "2025-02-07", "close": 87.906609, "volume": 118823859, "typical_volume": 116702391.5, "trend": 97.004125, "fair_value": 69.637556, "relative_strength": -13.100957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.801075, "energy": 47.306426, "activity_lines": [ 88.611905, 90.504233, 92.569587, 94.342772 ] }, { "date": "2025-02-14", "close": 80.018761, "volume": 113273410, "typical_volume": 110341341.2, "trend": 96.154592, "fair_value": 69.891975, "relative_strength": -18.229182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.392346, "energy": 67.546919, "activity_lines": [ 85.702871, 88.194801, 91.200828, 93.246942 ] }, { "date": "2025-02-21", "close": 81.616882, "volume": 118196090, "typical_volume": 111894711.95, "trend": 95.328111, "fair_value": 70.178123, "relative_strength": -15.661624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.614261, "energy": 71.1071, "activity_lines": [ 83.775766, 86.578657, 90.106568, 92.309026 ] }, { "date": "2025-02-28", "close": 75.607536, "volume": 86327543, "typical_volume": 110786878.1, "trend": 94.406304, "fair_value": 70.434755, "relative_strength": -19.025551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.999821, "energy": 81.009849, "activity_lines": [ 80.502867, 84.197007, 88.530287, 91.03673 ] }, { "date": "2025-03-07", "close": 79.458, "volume": 105914150, "typical_volume": 112795450.0, "trend": 93.60786, "fair_value": 70.707607, "relative_strength": -16.012992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.770034, "energy": 76.718499, "activity_lines": [ 79.500995, 82.833368, 87.423788, 90.072324 ] }, { "date": "2025-03-14", "close": 77.4767, "volume": 76790081, "typical_volume": 110471169.95, "trend": 92.837767, "fair_value": 70.958969, "relative_strength": -17.129695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.642259, "energy": 75.519548, "activity_lines": [ 78.352709, 81.370156, 86.216044, 89.031604 ] }, { "date": "2025-03-21", "close": 81.813148, "volume": 79284125, "typical_volume": 106408653.25, "trend": 92.072657, "fair_value": 71.238942, "relative_strength": -15.590538, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.616644, "energy": 59.220398, "activity_lines": [ 79.345233, 81.010598, 85.471762, 88.320338 ] }, { "date": "2025-03-28", "close": 83.177635, "volume": 170293255, "typical_volume": 108844310.6, "trend": 91.370787, "fair_value": 71.511765, "relative_strength": -14.323126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.860737, "energy": 40.947892, "activity_lines": [ 80.67296, 80.989018, 84.930507, 87.746466 ] }, { "date": "2025-04-04", "close": 84.4767, "volume": 105143133, "typical_volume": 110215532.35, "trend": 90.966114, "fair_value": 71.783801, "relative_strength": -10.111766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.657625, "energy": 27.736377, "activity_lines": [ 82.329659, 81.354524, 84.578348, 87.301686 ] }, { "date": "2025-04-11", "close": 84.61689, "volume": 94763452, "typical_volume": 109647354.15, "trend": 90.472344, "fair_value": 72.062921, "relative_strength": -9.1569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.199667, "energy": 21.252254, "activity_lines": [ 83.44181, 81.85359, 84.271138, 86.892058 ] }, { "date": "2025-04-18", "close": 89.738388, "volume": 90969722, "typical_volume": 108349393.7, "trend": 90.193839, "fair_value": 72.385071, "relative_strength": -7.3574, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.482928, "energy": 18.073841, "activity_lines": [ 85.917201, 83.330226, 84.480484, 86.844706 ] }, { "date": "2025-04-25", "close": 90.215027, "volume": 187715192, "typical_volume": 108570475.15, "trend": 89.67764, "fair_value": 72.714182, "relative_strength": -7.037802, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.86536, "energy": 15.7384, "activity_lines": [ 87.734026, 84.86022, 84.761882, 86.846073 ] }, { "date": "2025-05-02", "close": 90.336525, "volume": 111700619, "typical_volume": 110213004.65, "trend": 89.336207, "fair_value": 73.055249, "relative_strength": -7.490479, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.133272, "energy": 19.569366, "activity_lines": [ 89.031225, 86.226917, 85.111772, 86.888582 ] }, { "date": "2025-05-09", "close": 91.252411, "volume": 185862574, "typical_volume": 115366968.85, "trend": 89.136207, "fair_value": 73.430453, "relative_strength": -4.905069, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.866338, "energy": 29.978982, "activity_lines": [ 90.15646, 87.6016, 85.593036, 87.012208 ] }, { "date": "2025-05-16", "close": 100.710358, "volume": 211395791, "typical_volume": 123027755.3, "trend": 89.232469, "fair_value": 73.865091, "relative_strength": 0.990572, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.302375, "energy": 61.432103, "activity_lines": [ 93.98263, 90.411457, 86.983825, 87.758928 ] }, { "date": "2025-05-23", "close": 100.196342, "volume": 106111807, "typical_volume": 123398223.05, "trend": 89.636519, "fair_value": 74.292474, "relative_strength": 1.449221, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.409263, "energy": 66.500864, "activity_lines": [ 96.564563, 92.741451, 88.292727, 88.466274 ] }, { "date": "2025-05-30", "close": 107.252426, "volume": 166338763, "typical_volume": 126426145.8, "trend": 89.972968, "fair_value": 74.750928, "relative_strength": 9.271527, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 61.799653, "energy": 79.992609, "activity_lines": [ 100.801328, 95.941284, 90.248003, 89.602784 ] }, { "date": "2025-06-06", "close": 108.140266, "volume": 161681524, "typical_volume": 127262305.4, "trend": 90.347423, "fair_value": 75.218491, "relative_strength": 9.233649, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 84.073317, "energy": 93.186801, "activity_lines": [ 104.198212, 98.840011, 92.190238, 90.774868 ] }, { "date": "2025-06-13", "close": 107.900597, "volume": 174941391, "typical_volume": 131816024.0, "trend": 90.907036, "fair_value": 75.707233, "relative_strength": 10.485342, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.132522, "energy": 89.519103, "activity_lines": [ 106.328291, 101.241295, 94.030297, 91.907331 ] }, { "date": "2025-06-20", "close": 103.796005, "volume": 100114651, "typical_volume": 128282056.6, "trend": 91.344782, "fair_value": 76.163997, "relative_strength": 4.924148, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.10692, "energy": 83.421915, "activity_lines": [ 105.980294, 102.470401, 95.396204, 92.738877 ] }, { "date": "2025-06-27", "close": 107.435936, "volume": 114659506, "typical_volume": 128073838.95, "trend": 91.748095, "fair_value": 76.645272, "relative_strength": 6.617261, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.191706, "energy": 70.880296, "activity_lines": [ 106.639897, 104.012601, 97.029593, 93.777016 ] }, { "date": "2025-07-04", "close": 110.717674, "volume": 109838796, "typical_volume": 127902108.25, "trend": 92.033074, "fair_value": 77.11813, "relative_strength": 10.732364, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.149537, "energy": 64.614921, "activity_lines": [ 107.910773, 105.829707, 98.88253, 95.00086 ] }, { "date": "2025-07-11", "close": 108.345909, "volume": 71532433, "typical_volume": 125568925.4, "trend": 92.324353, "fair_value": 77.581394, "relative_strength": 9.696304, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.545216, "energy": 58.714537, "activity_lines": [ 108.160044, 106.842808, 100.363401, 96.053301 ] }, { "date": "2025-07-18", "close": 110.795113, "volume": 126921019, "typical_volume": 127598599.2, "trend": 92.914406, "fair_value": 78.034606, "relative_strength": 12.915749, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.587826, "energy": 61.781896, "activity_lines": [ 109.212007, 107.973776, 101.950247, 97.244963 ] }, { "date": "2025-07-25", "close": 107.222954, "volume": 232410466, "typical_volume": 133923415.0, "trend": 93.362022, "fair_value": 78.472494, "relative_strength": 9.835975, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.417495, "energy": 53.934835, "activity_lines": [ 108.880282, 108.099938, 103.029328, 98.168095 ] }, { "date": "2025-08-01", "close": 102.508476, "volume": 140298369, "typical_volume": 137098829.4, "trend": 93.618532, "fair_value": 78.881339, "relative_strength": 6.170267, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.708225, "energy": 38.708544, "activity_lines": [ 106.748602, 107.250511, 103.527197, 98.758189 ] }, { "date": "2025-08-08", "close": 104.444603, "volume": 99663137, "typical_volume": 138117780.0, "trend": 94.208116, "fair_value": 79.291599, "relative_strength": 9.049654, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.816791, "energy": 31.240787, "activity_lines": [ 105.590794, 106.711069, 104.090261, 99.456645 ] }, { "date": "2025-08-15", "close": 105.770859, "volume": 50356059, "typical_volume": 132120920.2, "trend": 94.684588, "fair_value": 79.710809, "relative_strength": 9.128303, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.12424, "energy": 23.954508, "activity_lines": [ 105.293277, 106.463815, 104.671865, 100.202629 ] }, { "date": "2025-08-22", "close": 106.419464, "volume": 76321488, "typical_volume": 130679837.95, "trend": 95.217883, "fair_value": 80.124247, "relative_strength": 8.712158, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.645586, "energy": 22.035848, "activity_lines": [ 105.383631, 106.37757, 105.207655, 100.959717 ] }, { "date": "2025-08-29", "close": 100.514259, "volume": 71333204, "typical_volume": 129508325.55, "trend": 95.662748, "fair_value": 80.495006, "relative_strength": 4.55086, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.220364, "energy": 16.993558, "activity_lines": [ 103.797294, 105.244581, 105.076555, 101.301419 ] }, { "date": "2025-09-05", "close": 103.718559, "volume": 51328924, "typical_volume": 127526285.65, "trend": 96.189813, "fair_value": 80.886585, "relative_strength": 6.35574, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.119506, "energy": 12.786531, "activity_lines": [ 103.726303, 104.75386, 105.174924, 101.821149 ] }, { "date": "2025-09-12", "close": 107.416565, "volume": 63238420, "typical_volume": 121302447.05, "trend": 97.103074, "fair_value": 81.300972, "relative_strength": 8.323748, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.863653, "energy": 17.350983, "activity_lines": [ 104.807308, 105.003092, 105.558912, 102.545455 ] }, { "date": "2025-09-19", "close": 113.99942, "volume": 132419600, "typical_volume": 122338396.1, "trend": 98.182491, "fair_value": 81.774669, "relative_strength": 13.609094, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.658412, "energy": 40.145804, "activity_lines": [ 107.884468, 106.509227, 106.487927, 103.635542 ] }, { "date": "2025-09-26", "close": 114.309196, "volume": 187512640, "typical_volume": 122420899.4, "trend": 99.472547, "fair_value": 82.250744, "relative_strength": 16.685298, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.996049, "energy": 63.637792, "activity_lines": [ 110.516315, 107.968895, 107.333764, 104.675975 ] }, { "date": "2025-10-03", "close": 121.879471, "volume": 148521026, "typical_volume": 119277161.15, "trend": 100.886596, "fair_value": 82.77501, "relative_strength": 22.696106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.145316, "energy": 84.151597, "activity_lines": [ 115.145606, 110.741083, 108.790785, 106.121583 ] }, { "date": "2025-10-10", "close": 123.321884, "volume": 136705041, "typical_volume": 120806822.85, "trend": 102.414769, "fair_value": 83.311103, "relative_strength": 21.652457, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.562565, "energy": 89.741775, "activity_lines": [ 118.831353, 113.509046, 110.284373, 107.569021 ] }, { "date": "2025-10-17", "close": 121.482559, "volume": 103316919, "typical_volume": 117655730.65, "trend": 103.737082, "fair_value": 83.788503, "relative_strength": 17.414846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.124716, "energy": 86.44865, "activity_lines": [ 120.597104, 115.564161, 111.492667, 108.799201 ] }, { "date": "2025-10-24", "close": 121.685852, "volume": 87514087, "typical_volume": 113947358.8, "trend": 105.02069, "fair_value": 84.245549, "relative_strength": 16.623282, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.555988, "energy": 86.184233, "activity_lines": [ 121.492886, 117.346457, 112.652558, 109.957186 ] }, { "date": "2025-10-31", "close": 132.615326, "volume": 287106181, "typical_volume": 119555598.3, "trend": 106.62531, "fair_value": 84.762277, "relative_strength": 26.761079, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.428379, "energy": 94.066168, "activity_lines": [ 125.519397, 120.826566, 114.78885, 111.737485 ] }, { "date": "2025-11-07", "close": 136.177795, "volume": 141997259, "typical_volume": 121649728.7, "trend": 108.344007, "fair_value": 85.293594, "relative_strength": 30.519553, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.833284, "energy": 93.795032, "activity_lines": [ 129.512989, 124.478109, 117.146734, 113.644097 ] }, { "date": "2025-11-14", "close": 141.405365, "volume": 143827071, "typical_volume": 123108106.95, "trend": 110.06624, "fair_value": 85.85281, "relative_strength": 32.358519, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.18749, "energy": 95.252398, "activity_lines": [ 134.295883, 128.431691, 119.848284, 115.777088 ] }, { "date": "2025-11-21", "close": 141.114944, "volume": 142147711, "typical_volume": 124723552.7, "trend": 111.762904, "fair_value": 86.390641, "relative_strength": 30.300491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.4769, "energy": 92.34344, "activity_lines": [ 137.776405, 131.647255, 122.360415, 117.78023 ] }, { "date": "2025-11-28", "close": 146.739395, "volume": 129503949, "typical_volume": 127622128.5, "trend": 113.642999, "fair_value": 86.973166, "relative_strength": 33.775542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.153022, "energy": 94.1796, "activity_lines": [ 141.822917, 135.272749, 125.26346, 120.036778 ] }, { "date": "2025-12-05", "close": 143.89328, "volume": 150586214, "typical_volume": 128805388.25, "trend": 115.397695, "fair_value": 87.539242, "relative_strength": 30.451592, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.863049, "energy": 84.657201, "activity_lines": [ 143.250489, 137.785494, 127.712619, 121.988409 ] }, { "date": "2025-12-12", "close": 141.947479, "volume": 115781525, "typical_volume": 122973941.2, "trend": 116.772266, "fair_value": 88.100194, "relative_strength": 28.538709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.741732, "energy": 67.01786, "activity_lines": [ 143.277597, 139.406566, 129.818855, 123.701298 ] }, { "date": "2025-12-19", "close": 143.835205, "volume": 99737878, "typical_volume": 120945916.65, "trend": 118.226895, "fair_value": 88.695072, "relative_strength": 29.715141, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.320171, "energy": 66.353701, "activity_lines": [ 143.549301, 141.005987, 131.939518, 125.447294 ] }, { "date": "2025-12-26", "close": 145.277618, "volume": 60557749, "typical_volume": 118990647.25, "trend": 119.494401, "fair_value": 89.252349, "relative_strength": 29.676505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.858494, "energy": 65.726993, "activity_lines": [ 144.13982, 142.494696, 134.00076, 127.192502 ] }, { "date": "2026-01-02", "close": 149.924332, "volume": 178539725, "typical_volume": 125399830.55, "trend": 120.887203, "fair_value": 89.853832, "relative_strength": 31.344903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.199827, "energy": 68.829934, "activity_lines": [ 146.001732, 144.395624, 136.310104, 129.155723 ] }, { "date": "2026-01-09", "close": 145.732605, "volume": 94850233, "typical_volume": 126326267.8, "trend": 122.14827, "fair_value": 90.423787, "relative_strength": 29.745493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.460257, "energy": 62.336178, "activity_lines": [ 146.254073, 145.020993, 138.009981, 130.758652 ] }, { "date": "2026-01-16", "close": 152.112167, "volume": 95965826, "typical_volume": 127557898.9, "trend": 123.758809, "fair_value": 91.040977, "relative_strength": 34.199938, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.141554, "energy": 66.362214, "activity_lines": [ 148.510313, 146.567787, 140.130229, 132.691807 ] }, { "date": "2026-01-23", "close": 146.962051, "volume": 129760606, "typical_volume": 131479483.0, "trend": 125.076346, "fair_value": 91.656516, "relative_strength": 31.876665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.271558, "energy": 57.385307, "activity_lines": [ 148.372201, 146.88848, 141.514287, 134.18879 ] }, { "date": "2026-01-30", "close": 142.712234, "volume": 183403118, "typical_volume": 137487717.9, "trend": 126.142831, "fair_value": 92.238641, "relative_strength": 25.640195, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.499593, "energy": 46.973839, "activity_lines": [ 146.609028, 146.335448, 142.287678, 135.32659 ] }, { "date": "2026-02-06", "close": 142.605759, "volume": 137464746, "typical_volume": 137739975.2, "trend": 127.284826, "fair_value": 92.823001, "relative_strength": 22.766314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.563491, "energy": 33.431934, "activity_lines": [ 144.981388, 145.734016, 142.882854, 136.388714 ] }, { "date": "2026-02-13", "close": 137.242676, "volume": 114884267, "typical_volume": 134108556.55, "trend": 128.166412, "fair_value": 93.373262, "relative_strength": 18.227202, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.903678, "energy": 20.846026, "activity_lines": [ 142.053959, 144.232635, 142.83104, 137.031156 ] }, { "date": "2026-02-20", "close": 149.227325, "volume": 120747721, "typical_volume": 132719891.3, "trend": 129.566557, "fair_value": 94.025652, "relative_strength": 26.84072, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.413147, "energy": 22.723472, "activity_lines": [ 143.687408, 145.031201, 143.811414, 138.389925 ] }, { "date": "2026-02-27", "close": 152.344498, "volume": 146239332, "typical_volume": 133196605.85, "trend": 131.227758, "fair_value": 94.65976, "relative_strength": 30.077667, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.618597, "energy": 34.054163, "activity_lines": [ 146.552238, 146.264165, 144.958433, 139.859469 ] }, { "date": "2026-03-06", "close": 141.308548, "volume": 112173861, "typical_volume": 133639452.95, "trend": 132.456556, "fair_value": 95.230979, "relative_strength": 23.099941, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.902204, "energy": 25.537054, "activity_lines": [ 145.379588, 145.335878, 144.916207, 140.509843 ] }, { "date": "2026-03-13", "close": 130.379074, "volume": 107582988, "typical_volume": 134642898.0, "trend": 133.27683, "fair_value": 95.750596, "relative_strength": 18.895387, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.651059, "energy": 4.517638, "activity_lines": [ 140.657359, 142.492578, 143.738669, 140.375812 ] }, { "date": "2026-03-20", "close": 132.082886, "volume": 117262138, "typical_volume": 126150695.85, "trend": 134.132278, "fair_value": 96.290055, "relative_strength": 19.566748, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.53579, "energy": 13.349625, "activity_lines": [ 137.318179, 140.314432, 142.682003, 140.298783 ] }, { "date": "2026-03-27", "close": 126.284164, "volume": 110707555, "typical_volume": 124586210.65, "trend": 134.991274, "fair_value": 96.780393, "relative_strength": 14.871565, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.130895, "energy": 39.836613, "activity_lines": [ 132.390079, 137.330148, 141.075612, 139.792453 ] }, { "date": "2026-04-03", "close": 122.983063, "volume": 93624301, "typical_volume": 122076072.15, "trend": 135.633425, "fair_value": 97.249458, "relative_strength": 11.624082, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.204057, "energy": 58.645219, "activity_lines": [ 127.891155, 134.215265, 139.201944, 139.01773 ] }, { "date": "2026-04-10", "close": 135.674393, "volume": 120401714, "typical_volume": 120988772.3, "trend": 136.575352, "fair_value": 97.792359, "relative_strength": 15.409837, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.549644, "energy": 50.700863, "activity_lines": [ 129.580104, 133.843878, 138.624699, 139.020373 ] }, { "date": "2026-04-17", "close": 137.823502, "volume": 84229620, "typical_volume": 118725055.85, "trend": 137.369488, "fair_value": 98.344493, "relative_strength": 14.921876, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.864775, "energy": 30.23336, "activity_lines": [ 132.361032, 133.991198, 138.278038, 139.100899 ] }, { "date": "2026-04-24", "close": 136.352051, "volume": 95746261, "typical_volume": 115983058.2, "trend": 138.10425, "fair_value": 98.86234, "relative_strength": 14.985589, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.730213, "energy": 12.635075, "activity_lines": [ 134.155182, 133.957933, 137.833696, 139.035257 ] }, { "date": "2026-05-01", "close": 130.350037, "volume": 74204707, "typical_volume": 113904217.3, "trend": 138.386602, "fair_value": 99.340478, "relative_strength": 8.742392, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.392561, "energy": 11.794468, "activity_lines": [ 133.66405, 132.849585, 136.853645, 138.534986 ] }, { "date": "2026-05-08", "close": 130.049942, "volume": 89138332, "typical_volume": 113374240.0, "trend": 138.610871, "fair_value": 99.840873, "relative_strength": 7.040135, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.806, "energy": 23.220447, "activity_lines": [ 132.801827, 132.029897, 135.900238, 137.997137 ] }, { "date": "2026-05-15", "close": 123.980179, "volume": 189161639, "typical_volume": 119804434.5, "trend": 138.694125, "fair_value": 100.301462, "relative_strength": 3.858919, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.541385, "energy": 46.35973, "activity_lines": [ 129.445225, 130.511973, 134.434403, 137.053221 ] }, { "date": "2026-05-22", "close": 124.135056, "volume": 99468018, "typical_volume": 115850849.15, "trend": 138.775765, "fair_value": 100.753057, "relative_strength": 3.183944, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.935128, "energy": 63.191101, "activity_lines": [ 126.919863, 129.337268, 133.084735, 136.113926 ] }, { "date": "2026-05-29", "close": 126.622993, "volume": 134601731, "typical_volume": 117838424.05, "trend": 138.576021, "fair_value": 101.21269, "relative_strength": 5.600762, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.522139, "energy": 59.905503, "activity_lines": [ 126.136376, 128.728444, 132.094819, 135.329876 ] }, { "date": "2026-06-05", "close": 131.472992, "volume": 47139920, "typical_volume": 115397128.75, "trend": 138.419194, "fair_value": 101.706498, "relative_strength": 9.95469, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.362615, "energy": 49.020812, "activity_lines": [ 127.61816, 129.100708, 131.657806, 134.871617 ] }, { "date": "2026-06-12", "close": 131.669998, "volume": 25287693, "typical_volume": 110173483.1, "trend": 138.094682, "fair_value": 102.196202, "relative_strength": 8.432619, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.8197, "energy": 30.640703, "activity_lines": [ 129.090749, 129.41445, 131.337837, 134.436185 ] }, { "date": "2026-06-19", "close": 133.740005, "volume": 16485585, "typical_volume": 101827606.45, "trend": 137.84885, "fair_value": 102.707748, "relative_strength": 7.768595, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.201952, "energy": 18.067497, "activity_lines": [ 131.145336, 129.946612, 131.287831, 134.155238 ] }, { "date": "2026-06-26", "close": 128.949997, "volume": 0, "typical_volume": 94954369.15, "trend": 137.25587, "fair_value": 103.182232, "relative_strength": 3.273887, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.268821, "energy": 20.045022, "activity_lines": [ 130.952598, 129.643034, 130.824358, 133.581118 ] }, { "date": "2026-07-03", "close": 127.190002, "volume": 36013384, "typical_volume": 91010825.0, "trend": 136.699094, "fair_value": 103.60828, "relative_strength": 0.630076, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.346596, "energy": 20.776757, "activity_lines": [ 129.8522, 129.180793, 130.258295, 132.931707 ] }, { "date": "2026-07-10", "close": 128.779999, "volume": 135558878, "typical_volume": 91751382.85, "trend": 136.260178, "fair_value": 104.052803, "relative_strength": 1.776878, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.535421, "energy": 22.268884, "activity_lines": [ 129.244, 129.174226, 129.891529, 132.420798 ] }, { "date": "2026-07-17", "close": 125.010002, "volume": 92975397, "typical_volume": 89088186.1, "trend": 135.632672, "fair_value": 104.459685, "relative_strength": -1.972232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.413904, "energy": 42.119794, "activity_lines": [ 127.558667, 128.51075, 129.263085, 131.69498 ] }, { "date": "2026-07-24", "close": 125.650002, "volume": 132785775, "typical_volume": 90118781.8, "trend": 134.978418, "fair_value": 104.864721, "relative_strength": 0.521899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.616478, "energy": 45.562828, "activity_lines": [ 126.530668, 128.055274, 128.825757, 131.050937 ] }, { "date": "2026-07-31", "close": 124.980003, "volume": 124250591, "typical_volume": 90952161.95, "trend": 134.14694, "fair_value": 105.282376, "relative_strength": -2.878989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.319182, "energy": 47.75531, "activity_lines": [ 125.818669, 127.447619, 128.399184, 130.405878 ] }, { "date": "2026-08-07", "close": 131.949997, "volume": 105026725, "typical_volume": 90340391.3, "trend": 133.68752, "fair_value": 105.740804, "relative_strength": 1.356661, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.697433, "energy": 25.692882, "activity_lines": [ 127.694667, 128.091873, 128.662131, 130.26414 ] } ], "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." } } }