{ "ticker": { "uuid": "f5725ef8-5174-44b5-9b18-b15c816f90cd", "symbol": "TBZ", "name": "Tribhovandas Bhimji Zaveri 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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 76.479, "architecture_energy": 90.326, "architecture_maturity": 30.0, "architecture_confidence": 82.34, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 3.82, "rotation_up": 85.78, "upward_expansion": 99.52, "deceleration": 39.2, "rotation_down": 8.19, "downward_expansion": 21.52 }, "activity_lines": [ 266.108669, 241.314548, 206.592526, 188.370689 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 273.0, "trend_reference": 171.094667, "distance_from_trend": 0.595608, "trend_direction": "Improving", "fair_value": 168.802576, "distance_from_fair_value": 0.617274, "fair_value_direction": "Improving", "relative_strength": 57.595631, "relative_strength_direction": "Improving", "price_momentum": 0.692498, "excess_performance": 0.736208, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.595608, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.105301, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.617274, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.647032, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.575956, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.643685, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.692498, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 11.730018, "read": "Demand-led" } ], "volume": { "latest": 6169729, "relative_activity": 1.120035, "balance": 11.730018, "dry_up": 2.695271, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.091479, "annualized_volatility": 0.573011, "from_high_reference": -0.076767, "from_low_reference": 1.470588 }, "levels": { "trend_reference": 171.094667, "fair_value_reference": 168.802576, "structural_low": 110.5, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 21, "median_return": 0.022857, "positive_rate": 0.52381, "directional_follow_through": 0.52381, "median_excess_return": -0.004377, "regime_survival": 0.761905, "best_return": 0.393308, "worst_return": -0.120505, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.066282, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": -0.022595, "regime_survival": 0.375, "best_return": 0.897121, "worst_return": -0.309967, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.045894, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.054119, "regime_survival": 0.2, "best_return": 0.623988, "worst_return": -0.108998, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.231338, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.158724, "regime_survival": 0.5, "best_return": 1.017639, "worst_return": -0.204605, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-02-23", "end": "2024-03-15", "tenure": "New", "return": -0.174053, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-03-22", "end": "2024-03-29", "tenure": "New", "return": -0.016541, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-04-05", "end": "2024-04-19", "tenure": "New", "return": 0.060403, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-26", "end": "2024-05-31", "tenure": "Developing", "return": -0.168526, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-07", "end": "2024-07-05", "tenure": "Developing", "return": 0.229005, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-07-12", "end": "2024-07-26", "tenure": "New", "return": -0.014342, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-02", "end": "2024-11-08", "tenure": "Established", "return": 0.773868, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-15", "end": "2025-01-24", "tenure": "Developing", "return": -0.19711, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-31", "end": "2025-02-21", "tenure": "New", "return": -0.03627, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-28", "end": "2025-04-25", "tenure": "Developing", "return": 0.263251, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-12-05", "tenure": "Extended", "return": -0.113423, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-06-05", "tenure": "Established", "return": 0.017098, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-12", "end": "2026-07-03", "tenure": "New", "return": 0.048212, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.195586, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 105.335899, "volume": 9041183, "typical_volume": 2069227.2, "trend": 74.612119, "fair_value": 67.791633, "relative_strength": 33.065648, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.734054, "energy": 79.12434, "activity_lines": [ 94.351738, 89.685162, 84.173774, 79.466553 ] }, { "date": "2023-08-25", "close": 108.859962, "volume": 4265667, "typical_volume": 2276996.1, "trend": 75.875313, "fair_value": 68.240881, "relative_strength": 36.854016, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.924665, "energy": 91.346903, "activity_lines": [ 100.331392, 93.650727, 87.049351, 81.676091 ] }, { "date": "2023-09-01", "close": 113.156425, "volume": 2590192, "typical_volume": 2400043.35, "trend": 77.275286, "fair_value": 68.746044, "relative_strength": 39.910994, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.534075, "energy": 93.528034, "activity_lines": [ 105.921627, 97.969138, 90.118026, 84.081324 ] }, { "date": "2023-09-08", "close": 114.361717, "volume": 3037935, "typical_volume": 2545695.15, "trend": 78.694516, "fair_value": 69.254796, "relative_strength": 37.558291, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.175275, "energy": 92.657378, "activity_lines": [ 110.169292, 101.948459, 93.071151, 86.473997 ] }, { "date": "2023-09-15", "close": 112.941383, "volume": 2501327, "typical_volume": 2664732.35, "trend": 80.148469, "fair_value": 69.761536, "relative_strength": 32.532637, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.995717, "energy": 88.193904, "activity_lines": [ 112.311925, 105.068324, 95.654306, 88.683473 ] }, { "date": "2023-09-22", "close": 106.623322, "volume": 695037, "typical_volume": 2676756.5, "trend": 81.483542, "fair_value": 70.232505, "relative_strength": 27.798252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.079681, "energy": 71.857353, "activity_lines": [ 110.876007, 106.511459, 97.406194, 90.391528 ] }, { "date": "2023-09-29", "close": 114.851486, "volume": 1247816, "typical_volume": 2729078.65, "trend": 83.134726, "fair_value": 70.751786, "relative_strength": 37.043864, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.06251, "energy": 64.629569, "activity_lines": [ 112.096982, 109.01995, 99.768233, 92.544298 ] }, { "date": "2023-10-06", "close": 114.557625, "volume": 2745603, "typical_volume": 2856819.9, "trend": 84.737494, "fair_value": 71.257951, "relative_strength": 35.893246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.981597, "energy": 58.949928, "activity_lines": [ 112.820568, 110.869283, 101.882724, 94.571582 ] }, { "date": "2023-10-13", "close": 119.994095, "volume": 5280215, "typical_volume": 3013886.15, "trend": 86.609982, "fair_value": 71.80931, "relative_strength": 40.642341, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.634046, "energy": 58.901713, "activity_lines": [ 115.262897, 113.205862, 104.287846, 96.846201 ] }, { "date": "2023-10-20", "close": 119.798187, "volume": 4415212, "typical_volume": 3181872.75, "trend": 88.582145, "fair_value": 72.347886, "relative_strength": 40.822016, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.720078, "energy": 57.116217, "activity_lines": [ 117.264432, 114.959435, 106.46773, 98.987376 ] }, { "date": "2023-10-27", "close": 115.635124, "volume": 2107157, "typical_volume": 3014779.45, "trend": 90.47025, "fair_value": 72.870417, "relative_strength": 38.406888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.257881, "energy": 50.265609, "activity_lines": [ 117.421159, 115.42982, 108.043415, 100.732729 ] }, { "date": "2023-11-03", "close": 124.548973, "volume": 2138942, "typical_volume": 2953827.05, "trend": 92.505832, "fair_value": 73.419939, "relative_strength": 46.22903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.181672, "energy": 54.828771, "activity_lines": [ 119.948382, 117.333645, 110.327733, 102.931357 ] }, { "date": "2023-11-10", "close": 122.736816, "volume": 3997415, "typical_volume": 3080663.45, "trend": 94.43756, "fair_value": 73.936564, "relative_strength": 41.285465, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.721592, "energy": 49.725361, "activity_lines": [ 121.225054, 118.622733, 112.252572, 104.881743 ] }, { "date": "2023-11-17", "close": 122.247047, "volume": 1009553, "typical_volume": 3097453.15, "trend": 96.343309, "fair_value": 74.460986, "relative_strength": 37.112739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.776951, "energy": 49.372524, "activity_lines": [ 121.79319, 119.648583, 113.938942, 106.675903 ] }, { "date": "2023-11-24", "close": 120.483871, "volume": 1218662, "typical_volume": 3047997.9, "trend": 98.201548, "fair_value": 74.983859, "relative_strength": 33.437861, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.79894, "energy": 46.996344, "activity_lines": [ 121.623404, 120.210485, 115.262381, 108.233359 ] }, { "date": "2023-12-01", "close": 123.422493, "volume": 868321, "typical_volume": 2975297.5, "trend": 99.975907, "fair_value": 75.488918, "relative_strength": 32.266526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.975549, "energy": 44.95238, "activity_lines": [ 122.387446, 121.169547, 116.691488, 109.860516 ] }, { "date": "2023-12-08", "close": 118.573761, "volume": 1041671, "typical_volume": 2976314.15, "trend": 101.636916, "fair_value": 75.973832, "relative_strength": 21.958428, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.293759, "energy": 36.994557, "activity_lines": [ 121.016087, 120.941581, 117.46602, 111.060378 ] }, { "date": "2023-12-15", "close": 120.434883, "volume": 1239171, "typical_volume": 2823717.2, "trend": 103.422719, "fair_value": 76.4491, "relative_strength": 20.25815, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.139917, "energy": 30.114214, "activity_lines": [ 120.663448, 120.984324, 118.241433, 112.27315 ] }, { "date": "2023-12-22", "close": 133.90361, "volume": 10760974, "typical_volume": 3139374.75, "trend": 105.332429, "fair_value": 77.028145, "relative_strength": 32.912699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.929131, "energy": 44.769422, "activity_lines": [ 124.953848, 123.369067, 120.140327, 114.239659 ] }, { "date": "2023-12-29", "close": 125.23465, "volume": 2112202, "typical_volume": 3115712.75, "trend": 106.967656, "fair_value": 77.450535, "relative_strength": 21.347026, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.510195, "energy": 36.583655, "activity_lines": [ 125.57749, 123.924735, 121.004008, 115.523673 ] }, { "date": "2024-01-05", "close": 122.247047, "volume": 2200191, "typical_volume": 2773663.15, "trend": 108.1702, "fair_value": 77.732295, "relative_strength": 17.917798, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.258054, "energy": 34.68216, "activity_lines": [ 124.888546, 123.838357, 121.419434, 116.509441 ] }, { "date": "2024-01-12", "close": 134.24646, "volume": 4653768, "typical_volume": 2793068.2, "trend": 109.801688, "fair_value": 78.143881, "relative_strength": 27.431829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.712649, "energy": 44.557757, "activity_lines": [ 128.277769, 125.813474, 122.897133, 118.19178 ] }, { "date": "2024-01-19", "close": 127.781464, "volume": 1814666, "typical_volume": 2754291.9, "trend": 111.312618, "fair_value": 78.515503, "relative_strength": 21.907215, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.494561, "energy": 34.634057, "activity_lines": [ 128.467147, 126.43682, 123.63823, 119.351766 ] }, { "date": "2024-01-26", "close": 127.830452, "volume": 942710, "typical_volume": 2649530.65, "trend": 112.8638, "fair_value": 78.910788, "relative_strength": 22.544224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.661634, "energy": 33.029697, "activity_lines": [ 128.183083, 126.977351, 124.314349, 120.417432 ] }, { "date": "2024-02-02", "close": 131.356812, "volume": 1480031, "typical_volume": 2598465.85, "trend": 114.445633, "fair_value": 79.307693, "relative_strength": 22.063651, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.448497, "energy": 37.886043, "activity_lines": [ 129.479348, 128.057523, 125.262175, 121.61053 ] }, { "date": "2024-02-09", "close": 125.087715, "volume": 1958355, "typical_volume": 2661631.75, "trend": 115.850679, "fair_value": 79.632195, "relative_strength": 15.839325, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.973664, "energy": 27.699766, "activity_lines": [ 128.277771, 127.800169, 125.525252, 122.297116 ] }, { "date": "2024-02-16", "close": 123.079659, "volume": 1030421, "typical_volume": 2650762.0, "trend": 117.235456, "fair_value": 79.981362, "relative_strength": 11.897475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.977215, "energy": 18.334478, "activity_lines": [ 126.217464, 127.147437, 125.50916, 122.763502 ] }, { "date": "2024-02-23", "close": 121.561363, "volume": 700318, "typical_volume": 2548497.75, "trend": 118.387788, "fair_value": 80.327298, "relative_strength": 8.96387, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.198845, "energy": 11.994367, "activity_lines": [ 124.395511, 126.136725, 125.309286, 123.042592 ] }, { "date": "2024-03-01", "close": 117.692169, "volume": 1017889, "typical_volume": 2335381.45, "trend": 119.314596, "fair_value": 80.629811, "relative_strength": 4.279001, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.867569, "energy": 10.499618, "activity_lines": [ 121.698501, 124.402043, 124.707566, 122.997714 ] }, { "date": "2024-03-08", "close": 111.961838, "volume": 587891, "typical_volume": 2144015.4, "trend": 120.01821, "fair_value": 80.893227, "relative_strength": -1.914029, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.401454, "energy": 24.070988, "activity_lines": [ 117.767266, 121.920235, 123.571063, 122.523342 ] }, { "date": "2024-03-15", "close": 100.403221, "volume": 1288495, "typical_volume": 2103082.3, "trend": 119.853788, "fair_value": 81.145801, "relative_strength": -10.442799, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.967734, "energy": 51.390216, "activity_lines": [ 111.276157, 117.578185, 121.371054, 121.257859 ] }, { "date": "2024-03-22", "close": 103.635712, "volume": 2224600, "typical_volume": 2107365.2, "trend": 119.679646, "fair_value": 81.437716, "relative_strength": -8.251934, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.80495, "energy": 61.599178, "activity_lines": [ 107.508177, 114.221021, 119.551435, 120.211532 ] }, { "date": "2024-03-29", "close": 101.921516, "volume": 1352528, "typical_volume": 1975120.85, "trend": 119.305149, "fair_value": 81.701796, "relative_strength": -11.089869, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.431713, "energy": 75.160027, "activity_lines": [ 104.465062, 111.108743, 117.668145, 119.065846 ] }, { "date": "2024-04-05", "close": 116.761597, "volume": 1677437, "typical_volume": 2008515.05, "trend": 119.385145, "fair_value": 82.05332, "relative_strength": 0.416664, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.84501, "energy": 60.78387, "activity_lines": [ 107.677964, 111.164844, 117.297318, 118.901746 ] }, { "date": "2024-04-12", "close": 117.594215, "volume": 828053, "typical_volume": 1988984.6, "trend": 119.540239, "fair_value": 82.437373, "relative_strength": 0.512796, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.383748, "energy": 33.529679, "activity_lines": [ 111.230444, 111.573581, 117.031908, 118.786202 ] }, { "date": "2024-04-19", "close": 123.814316, "volume": 1701615, "typical_volume": 2030649.3, "trend": 120.113273, "fair_value": 82.86987, "relative_strength": 6.858074, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.354026, "energy": 15.813706, "activity_lines": [ 116.480798, 113.363475, 117.37265, 119.061949 ] }, { "date": "2024-04-26", "close": 122.932724, "volume": 736539, "typical_volume": 2015392.7, "trend": 120.382647, "fair_value": 83.286962, "relative_strength": 4.078801, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.139461, "energy": 21.759709, "activity_lines": [ 119.876549, 115.016232, 117.627564, 119.243849 ] }, { "date": "2024-05-03", "close": 119.60228, "volume": 380391, "typical_volume": 1972453.7, "trend": 120.550802, "fair_value": 83.66438, "relative_strength": 0.480334, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.87818, "energy": 16.186079, "activity_lines": [ 120.875685, 116.066125, 117.544536, 119.193502 ] }, { "date": "2024-05-10", "close": 108.631393, "volume": 793827, "typical_volume": 1474096.35, "trend": 120.172046, "fair_value": 83.933935, "relative_strength": -7.390029, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.204744, "energy": 21.494436, "activity_lines": [ 117.03914, 115.156931, 116.420627, 118.424508 ] }, { "date": "2024-05-17", "close": 110.198654, "volume": 521247, "typical_volume": 1394548.6, "trend": 119.852061, "fair_value": 84.178363, "relative_strength": -8.181238, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.4494, "energy": 22.804658, "activity_lines": [ 114.26703, 114.697435, 115.566325, 117.781064 ] }, { "date": "2024-05-24", "close": 108.337524, "volume": 392051, "typical_volume": 1304141.6, "trend": 119.608808, "fair_value": 84.421206, "relative_strength": -11.845931, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.674795, "energy": 36.512137, "activity_lines": [ 111.36758, 113.93161, 114.606372, 117.03819 ] }, { "date": "2024-05-31", "close": 102.215378, "volume": 618634, "typical_volume": 1102384.9, "trend": 118.864355, "fair_value": 84.576627, "relative_strength": -15.383112, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.111018, "energy": 58.545694, "activity_lines": [ 107.459201, 111.908407, 113.129593, 115.916034 ] }, { "date": "2024-06-07", "close": 103.34185, "volume": 646899, "typical_volume": 1043996.55, "trend": 118.217856, "fair_value": 84.762619, "relative_strength": -17.179357, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.234386, "energy": 61.234438, "activity_lines": [ 105.307469, 110.115842, 111.912626, 114.914582 ] }, { "date": "2024-06-14", "close": 108.073044, "volume": 658952, "typical_volume": 1029808.65, "trend": 117.745389, "fair_value": 84.980417, "relative_strength": -14.058246, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.553478, "energy": 57.347184, "activity_lines": [ 105.81683, 109.157669, 111.262629, 114.260078 ] }, { "date": "2024-06-21", "close": 119.308418, "volume": 2138199, "typical_volume": 1062717.05, "trend": 117.706207, "fair_value": 85.271418, "relative_strength": -5.490574, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.12545, "energy": 24.252689, "activity_lines": [ 110.10854, 110.400266, 111.776749, 114.360918 ] }, { "date": "2024-06-28", "close": 118.36805, "volume": 2023765, "typical_volume": 1065987.55, "trend": 117.537726, "fair_value": 85.564668, "relative_strength": -8.452368, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.719646, "energy": 11.750973, "activity_lines": [ 113.479475, 111.440719, 112.258685, 114.403618 ] }, { "date": "2024-07-05", "close": 127.007622, "volume": 2608032, "typical_volume": 1144868.1, "trend": 117.818855, "fair_value": 85.902659, "relative_strength": -3.339687, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 28.423384, "energy": 27.83687, "activity_lines": [ 119.061567, 114.151026, 113.595435, 115.014579 ] }, { "date": "2024-07-12", "close": 145.481827, "volume": 11385343, "typical_volume": 1679119.35, "trend": 118.653753, "fair_value": 86.353458, "relative_strength": 9.253995, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.427291, "energy": 57.738433, "activity_lines": [ 129.14891, 120.146191, 116.672928, 116.799287 ] }, { "date": "2024-07-19", "close": 134.452148, "volume": 2519794, "typical_volume": 1754214.6, "trend": 118.672037, "fair_value": 86.720254, "relative_strength": 0.372578, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.712454, "energy": 65.917439, "activity_lines": [ 132.750362, 123.665422, 118.586069, 117.818538 ] }, { "date": "2024-07-26", "close": 143.395386, "volume": 15883022, "typical_volume": 2518971.15, "trend": 119.277395, "fair_value": 87.141423, "relative_strength": 5.239948, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.171507, "energy": 79.561596, "activity_lines": [ 137.574286, 128.341228, 121.271138, 119.413593 ] }, { "date": "2024-08-02", "close": 141.083664, "volume": 3091562, "typical_volume": 2609124.5, "trend": 119.905282, "fair_value": 87.558118, "relative_strength": 3.633723, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.059201, "energy": 76.319777, "activity_lines": [ 140.021839, 131.993145, 123.586359, 120.820449 ] }, { "date": "2024-08-09", "close": 160.174988, "volume": 17295489, "typical_volume": 3362668.95, "trend": 120.769567, "fair_value": 88.119361, "relative_strength": 18.562972, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.202144, "energy": 76.365891, "activity_lines": [ 147.318792, 138.520826, 127.526085, 123.418494 ] }, { "date": "2024-08-16", "close": 169.38269, "volume": 7531160, "typical_volume": 3671600.55, "trend": 122.156274, "fair_value": 88.778051, "relative_strength": 23.869694, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.858125, "energy": 80.961387, "activity_lines": [ 155.473821, 145.668824, 132.0735, 126.554825 ] }, { "date": "2024-08-23", "close": 186.299408, "volume": 16809941, "typical_volume": 4428225.75, "trend": 124.105239, "fair_value": 89.541931, "relative_strength": 33.83647, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.580522, "energy": 89.328356, "activity_lines": [ 167.674365, 154.691847, 137.910788, 130.693092 ] }, { "date": "2024-08-30", "close": 195.105499, "volume": 9944860, "typical_volume": 4884066.1, "trend": 126.230196, "fair_value": 90.33093, "relative_strength": 36.973512, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.390049, "energy": 92.816651, "activity_lines": [ 179.353789, 163.89368, 144.255618, 135.273754 ] }, { "date": "2024-09-06", "close": 230.740646, "volume": 9972934, "typical_volume": 5297632.05, "trend": 129.75196, "fair_value": 91.346832, "relative_strength": 62.546108, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.997856, "energy": 96.536451, "activity_lines": [ 199.464255, 178.196501, 153.625171, 142.016363 ] }, { "date": "2024-09-13", "close": 323.673218, "volume": 23246922, "typical_volume": 6423151.2, "trend": 136.438412, "fair_value": 92.957235, "relative_strength": 118.208856, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.069048, "energy": 99.147451, "activity_lines": [ 244.575112, 207.353016, 171.336272, 154.527412 ] }, { "date": "2024-09-20", "close": 266.269623, "volume": 16144214, "typical_volume": 7211342.35, "trend": 141.262021, "fair_value": 94.205467, "relative_strength": 73.685123, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.151424, "energy": 88.894627, "activity_lines": [ 259.651555, 222.496775, 182.624456, 162.903619 ] }, { "date": "2024-09-27", "close": 271.842041, "volume": 5098835, "typical_volume": 7426592.75, "trend": 146.40035, "fair_value": 95.459191, "relative_strength": 72.165551, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.576333, "energy": 82.631184, "activity_lines": [ 270.126343, 236.457559, 193.744931, 171.328137 ] }, { "date": "2024-10-04", "close": 259.304138, "volume": 3786961, "typical_volume": 7589878.45, "trend": 151.31176, "fair_value": 96.590407, "relative_strength": 69.418145, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.729544, "energy": 67.344302, "activity_lines": [ 270.718987, 245.640727, 202.894127, 178.612252 ] }, { "date": "2024-10-11", "close": 279.311401, "volume": 4448034, "typical_volume": 7792677.6, "trend": 157.275366, "fair_value": 97.844683, "relative_strength": 79.965957, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.327759, "energy": 63.462919, "activity_lines": [ 273.70081, 256.354147, 213.23875, 186.870293 ] }, { "date": "2024-10-18", "close": 294.576202, "volume": 4880344, "typical_volume": 8005763.1, "trend": 163.640049, "fair_value": 99.180017, "relative_strength": 87.327212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.270957, "energy": 62.511325, "activity_lines": [ 278.532849, 267.329753, 224.223003, 195.728412 ] }, { "date": "2024-10-25", "close": 254.166458, "volume": 3216487, "typical_volume": 8134242.5, "trend": 168.71488, "fair_value": 100.209597, "relative_strength": 63.917788, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.439729, "energy": 50.638638, "activity_lines": [ 271.834775, 268.514475, 230.442704, 201.568825 ] }, { "date": "2024-11-01", "close": 267.652832, "volume": 1892689, "typical_volume": 8195929.35, "trend": 173.744588, "fair_value": 101.383643, "relative_strength": 69.433143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.692769, "energy": 42.922554, "activity_lines": [ 270.439036, 270.609742, 237.22861, 207.951919 ] }, { "date": "2024-11-08", "close": 250.263809, "volume": 1317157, "typical_volume": 8154877.25, "trend": 178.166908, "fair_value": 102.462404, "relative_strength": 57.563872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.542667, "energy": 36.3855, "activity_lines": [ 263.526237, 268.064216, 241.598514, 212.888643 ] }, { "date": "2024-11-15", "close": 225.662262, "volume": 1112491, "typical_volume": 8109313.55, "trend": 181.561839, "fair_value": 103.402394, "relative_strength": 44.358496, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.486459, "energy": 22.487761, "activity_lines": [ 249.015611, 260.042802, 243.001817, 215.952859 ] }, { "date": "2024-11-22", "close": 223.53804, "volume": 1148793, "typical_volume": 8036351.6, "trend": 184.91535, "fair_value": 104.34892, "relative_strength": 39.441807, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.75811, "energy": 21.002173, "activity_lines": [ 237.37352, 251.727501, 243.691888, 218.661001 ] }, { "date": "2024-11-29", "close": 230.849335, "volume": 680427, "typical_volume": 7501105.8, "trend": 188.623585, "fair_value": 105.344451, "relative_strength": 41.25817, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.430104, "energy": 20.851675, "activity_lines": [ 232.904405, 246.562165, 244.618604, 221.624484 ] }, { "date": "2024-12-06", "close": 264.254059, "volume": 1476539, "typical_volume": 7448943.05, "trend": 193.811007, "fair_value": 106.543733, "relative_strength": 55.879634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.06379, "energy": 18.373731, "activity_lines": [ 241.124673, 248.114421, 248.320211, 226.50387 ] }, { "date": "2024-12-13", "close": 268.700134, "volume": 2705245, "typical_volume": 6790054.2, "trend": 199.09439, "fair_value": 107.790751, "relative_strength": 55.641956, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.739857, "energy": 24.032044, "activity_lines": [ 251.05355, 250.613017, 251.827149, 231.335426 ] }, { "date": "2024-12-20", "close": 248.268021, "volume": 1063737, "typical_volume": 6688662.95, "trend": 203.75874, "fair_value": 108.915345, "relative_strength": 49.254369, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.463239, "energy": 26.092433, "activity_lines": [ 252.942635, 249.225848, 252.791482, 234.507919 ] }, { "date": "2024-12-27", "close": 235.591797, "volume": 673653, "typical_volume": 5857571.15, "trend": 208.20462, "fair_value": 109.94494, "relative_strength": 38.7275, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.536918, "energy": 24.481177, "activity_lines": [ 249.099262, 246.098335, 252.038154, 236.561664 ] }, { "date": "2025-01-03", "close": 247.734497, "volume": 2060483, "typical_volume": 5584037.3, "trend": 213.017709, "fair_value": 111.034968, "relative_strength": 42.907658, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.821747, "energy": 19.900386, "activity_lines": [ 248.499871, 246.25103, 252.082146, 239.111979 ] }, { "date": "2025-01-10", "close": 209.765137, "volume": 2977382, "typical_volume": 4892409.35, "trend": 216.407445, "fair_value": 111.885267, "relative_strength": 23.040867, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.467323, "energy": 11.706302, "activity_lines": [ 234.118349, 239.61715, 248.136905, 238.902136 ] }, { "date": "2025-01-17", "close": 203.362808, "volume": 1351404, "typical_volume": 4462736.55, "trend": 219.209258, "fair_value": 112.658801, "relative_strength": 19.557055, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -11.558949, "energy": 31.177122, "activity_lines": [ 221.235313, 232.871714, 243.470176, 238.060546 ] }, { "date": "2025-01-24", "close": 181.181915, "volume": 944706, "typical_volume": 4011325.15, "trend": 221.303054, "fair_value": 113.315798, "relative_strength": 6.509388, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -42.998721, "energy": 60.788741, "activity_lines": [ 205.314467, 222.946133, 236.651661, 235.607169 ] }, { "date": "2025-01-31", "close": 184.689346, "volume": 840592, "typical_volume": 2891008.65, "trend": 223.225778, "fair_value": 114.006576, "relative_strength": 6.137698, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.985103, "energy": 69.764733, "activity_lines": [ 195.035172, 214.467, 230.403181, 233.244995 ] }, { "date": "2025-02-07", "close": 182.960327, "volume": 1440260, "typical_volume": 2155810.95, "trend": 224.475061, "fair_value": 114.714973, "relative_strength": 4.365435, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.587365, "energy": 69.957547, "activity_lines": [ 187.573034, 206.379841, 224.651861, 230.647224 ] }, { "date": "2025-02-14", "close": 193.413513, "volume": 1472259, "typical_volume": 1974482.15, "trend": 226.44044, "fair_value": 115.524576, "relative_strength": 12.53374, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.007239, "energy": 66.060079, "activity_lines": [ 187.91357, 201.06397, 220.292793, 228.643253 ] }, { "date": "2025-02-21", "close": 177.990616, "volume": 1055039, "typical_volume": 1837886.05, "trend": 227.593614, "fair_value": 116.261573, "relative_strength": 3.545632, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.28721, "energy": 73.147762, "activity_lines": [ 184.203248, 194.231945, 214.838346, 225.517458 ] }, { "date": "2025-02-28", "close": 162.360245, "volume": 461136, "typical_volume": 1638541.15, "trend": 228.302833, "fair_value": 116.892269, "relative_strength": -3.192898, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.079259, "energy": 70.73333, "activity_lines": [ 176.974282, 186.207299, 208.282501, 221.308853 ] }, { "date": "2025-03-07", "close": 173.287674, "volume": 853328, "typical_volume": 1437190.35, "trend": 228.739923, "fair_value": 117.575303, "relative_strength": 0.671479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.341352, "energy": 59.867895, "activity_lines": [ 174.64257, 181.731418, 203.324273, 217.759488 ] }, { "date": "2025-03-14", "close": 159.870453, "volume": 353028, "typical_volume": 1294017.4, "trend": 228.422848, "fair_value": 118.164696, "relative_strength": -7.083036, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.309525, "energy": 70.590061, "activity_lines": [ 168.598563, 175.948845, 197.665778, 213.316296 ] }, { "date": "2025-03-21", "close": 186.497406, "volume": 798291, "typical_volume": 1239297.5, "trend": 228.429448, "fair_value": 118.933934, "relative_strength": 3.116807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.806732, "energy": 51.532393, "activity_lines": [ 172.969531, 176.605063, 194.992213, 210.611429 ] }, { "date": "2025-03-28", "close": 181.102875, "volume": 1330571, "typical_volume": 1239968.2, "trend": 227.962694, "fair_value": 119.657905, "relative_strength": -1.353088, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.597835, "energy": 43.150545, "activity_lines": [ 176.003397, 176.703508, 192.191338, 207.558102 ] }, { "date": "2025-04-04", "close": 192.968903, "volume": 1728096, "typical_volume": 1270748.45, "trend": 226.703636, "fair_value": 120.442368, "relative_strength": 7.077796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.63793, "energy": 30.148695, "activity_lines": [ 182.785121, 179.364138, 190.849898, 205.300438 ] }, { "date": "2025-04-11", "close": 192.425491, "volume": 1684137, "typical_volume": 1297515.65, "trend": 222.328712, "fair_value": 121.23495, "relative_strength": 6.297987, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.564743, "energy": 22.537795, "activity_lines": [ 187.34513, 181.711657, 189.612387, 203.088945 ] }, { "date": "2025-04-18", "close": 202.404434, "volume": 955406, "typical_volume": 1311264.6, "trend": 220.199872, "fair_value": 122.0915, "relative_strength": 6.268245, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.276365, "energy": 20.825193, "activity_lines": [ 193.9556, 185.732872, 189.473406, 201.803507 ] }, { "date": "2025-04-25", "close": 205.101715, "volume": 4383960, "typical_volume": 1456635.65, "trend": 217.975195, "fair_value": 122.977554, "relative_strength": 6.064862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.837846, "energy": 15.066469, "activity_lines": [ 198.629564, 189.890973, 189.726762, 200.829433 ] }, { "date": "2025-05-02", "close": 189.797394, "volume": 933676, "typical_volume": 1368057.2, "trend": 215.658303, "fair_value": 123.804587, "relative_strength": -3.658418, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.594555, "energy": 13.774359, "activity_lines": [ 196.961801, 191.053957, 188.804241, 199.01151 ] }, { "date": "2025-05-09", "close": 187.880646, "volume": 1389285, "typical_volume": 1384334.6, "trend": 212.610611, "fair_value": 124.653837, "relative_strength": -3.948009, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.287645, "energy": 11.684363, "activity_lines": [ 194.075487, 191.653773, 188.0749, 197.219403 ] }, { "date": "2025-05-16", "close": 202.661316, "volume": 1197724, "typical_volume": 1410538.15, "trend": 209.546782, "fair_value": 125.590812, "relative_strength": -1.325593, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.158606, "energy": 6.828994, "activity_lines": [ 196.455281, 194.476976, 189.0408, 196.577513 ] }, { "date": "2025-05-23", "close": 189.915939, "volume": 1535418, "typical_volume": 1384284.9, "trend": 207.405098, "fair_value": 126.442728, "relative_strength": -7.544166, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.760129, "energy": 12.793219, "activity_lines": [ 193.904227, 194.448772, 188.949667, 195.311007 ] }, { "date": "2025-05-30", "close": 186.161499, "volume": 1068695, "typical_volume": 1288850.55, "trend": 204.68872, "fair_value": 127.267217, "relative_strength": -9.624421, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.683295, "energy": 15.767589, "activity_lines": [ 190.934259, 193.19166, 188.776295, 193.940452 ] }, { "date": "2025-06-06", "close": 186.329453, "volume": 1235584, "typical_volume": 1283059.55, "trend": 202.557575, "fair_value": 128.09431, "relative_strength": -11.075397, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.813434, "energy": 16.339207, "activity_lines": [ 189.282957, 191.971193, 188.731317, 192.755983 ] }, { "date": "2025-06-13", "close": 190.113541, "volume": 2591079, "typical_volume": 1365378.2, "trend": 201.372618, "fair_value": 128.980469, "relative_strength": -8.870608, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.388241, "energy": 17.619689, "activity_lines": [ 189.124214, 191.343714, 189.127839, 191.953143 ] }, { "date": "2025-06-20", "close": 184.165695, "volume": 511495, "typical_volume": 1348923.35, "trend": 200.060206, "fair_value": 129.770485, "relative_strength": -13.550577, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.160714, "energy": 20.737031, "activity_lines": [ 186.833996, 189.686723, 188.915368, 190.843019 ] }, { "date": "2025-06-27", "close": 183.35553, "volume": 791144, "typical_volume": 1316467.55, "trend": 198.477079, "fair_value": 130.553476, "relative_strength": -16.117225, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.156317, "energy": 25.009342, "activity_lines": [ 185.506764, 188.032608, 188.628232, 189.765298 ] }, { "date": "2025-07-04", "close": 192.257538, "volume": 2029410, "typical_volume": 1344325.1, "trend": 196.077195, "fair_value": 131.368799, "relative_strength": -11.896843, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.10394, "energy": 17.987405, "activity_lines": [ 187.584229, 188.343384, 189.187024, 189.364037 ] }, { "date": "2025-07-11", "close": 187.287827, "volume": 1484599, "typical_volume": 1365803.1, "trend": 193.363452, "fair_value": 132.137608, "relative_strength": -13.405685, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.578352, "energy": 16.637953, "activity_lines": [ 187.598721, 187.984106, 189.278016, 188.796981 ] }, { "date": "2025-07-18", "close": 198.689514, "volume": 3561941, "typical_volume": 1520843.35, "trend": 191.710835, "fair_value": 132.983474, "relative_strength": -7.976071, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.523563, "energy": 5.719313, "activity_lines": [ 191.349883, 189.74349, 190.41061, 189.140598 ] }, { "date": "2025-07-25", "close": 186.912384, "volume": 1427067, "typical_volume": 1549530.3, "trend": 190.088188, "fair_value": 133.75293, "relative_strength": -13.310393, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.619371, "energy": 5.530911, "activity_lines": [ 190.603604, 189.165054, 190.248576, 188.83102 ] }, { "date": "2025-08-01", "close": 189.234207, "volume": 1178656, "typical_volume": 1590811.7, "trend": 188.138178, "fair_value": 134.509177, "relative_strength": -11.65353, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 27.078749, "energy": 12.858824, "activity_lines": [ 190.448154, 189.295111, 190.242788, 188.775925 ] }, { "date": "2025-08-08", "close": 185.58844, "volume": 8514615, "typical_volume": 1976627.9, "trend": 187.332288, "fair_value": 135.238085, "relative_strength": -12.837789, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 12.154743, "energy": 5.886632, "activity_lines": [ 188.685536, 188.774697, 189.749957, 188.611425 ] }, { "date": "2025-08-15", "close": 185.825577, "volume": 1593380, "typical_volume": 1989768.35, "trend": 186.747714, "fair_value": 135.973448, "relative_strength": -13.797828, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 8.736612, "energy": 7.455684, "activity_lines": [ 187.44657, 188.307818, 189.284039, 188.514218 ] }, { "date": "2025-08-22", "close": 188.275833, "volume": 868068, "typical_volume": 1946766.95, "trend": 186.984178, "fair_value": 136.716162, "relative_strength": -13.512208, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 12.526821, "energy": 9.333814, "activity_lines": [ 187.121839, 188.295601, 189.028989, 188.612807 ] }, { "date": "2025-08-29", "close": 183.088776, "volume": 532093, "typical_volume": 1889164.75, "trend": 186.930825, "fair_value": 137.425626, "relative_strength": -14.324403, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -23.187494, "energy": 17.436733, "activity_lines": [ 185.762335, 187.373696, 188.302282, 188.36149 ] }, { "date": "2025-09-05", "close": 183.529999, "volume": 701086, "typical_volume": 1876448.75, "trend": 186.949814, "fair_value": 138.140085, "relative_strength": -14.859109, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -21.498604, "energy": 20.984992, "activity_lines": [ 184.804813, 186.551593, 187.662057, 188.142082 ] }, { "date": "2025-09-12", "close": 186.850006, "volume": 880079, "typical_volume": 1701254.7, "trend": 186.731031, "fair_value": 138.859424, "relative_strength": -13.590772, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -18.614073, "energy": 15.772918, "activity_lines": [ 185.33424, 186.329956, 187.427902, 188.135643 ] }, { "date": "2025-09-19", "close": 188.009995, "volume": 2330088, "typical_volume": 1771075.3, "trend": 187.06501, "fair_value": 139.580011, "relative_strength": -13.223495, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.324549, "energy": 10.714699, "activity_lines": [ 186.166225, 186.417545, 187.391134, 188.218157 ] }, { "date": "2025-09-26", "close": 180.929993, "volume": 670371, "typical_volume": 1735129.6, "trend": 187.684002, "fair_value": 140.252118, "relative_strength": -13.622586, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -23.723204, "energy": 16.107925, "activity_lines": [ 184.492582, 185.20473, 186.688592, 187.822349 ] }, { "date": "2025-10-03", "close": 188.539993, "volume": 539703, "typical_volume": 1702228.55, "trend": 188.192412, "fair_value": 140.939586, "relative_strength": -10.288606, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.805764, "energy": 12.784044, "activity_lines": [ 185.845329, 185.698453, 186.74391, 187.877574 ] }, { "date": "2025-10-10", "close": 184.960007, "volume": 717236, "typical_volume": 1661319.45, "trend": 189.028731, "fair_value": 141.630099, "relative_strength": -12.581952, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.32927, "energy": 14.228201, "activity_lines": [ 185.641332, 185.511675, 186.525521, 187.669032 ] }, { "date": "2025-10-17", "close": 183.679993, "volume": 790291, "typical_volume": 1647399.25, "trend": 188.934817, "fair_value": 142.312408, "relative_strength": -13.686425, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.08422, "energy": 22.459037, "activity_lines": [ 184.91533, 185.169881, 186.208826, 187.323952 ] }, { "date": "2025-10-24", "close": 182.779999, "volume": 295144, "typical_volume": 1600377.25, "trend": 188.990721, "fair_value": 142.988947, "relative_strength": -13.706645, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.764988, "energy": 20.700976, "activity_lines": [ 184.100664, 184.69915, 185.818234, 186.926867 ] }, { "date": "2025-10-31", "close": 179.880005, "volume": 358843, "typical_volume": 1488765.45, "trend": 188.554425, "fair_value": 143.648134, "relative_strength": -14.025295, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -54.490443, "energy": 35.237206, "activity_lines": [ 182.668, 183.756522, 185.168354, 186.339079 ] }, { "date": "2025-11-07", "close": 186.259995, "volume": 2045235, "typical_volume": 1565452.45, "trend": 188.348908, "fair_value": 144.361835, "relative_strength": -9.519463, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -44.576424, "energy": 28.826479, "activity_lines": [ 183.431999, 184.126544, 185.174824, 186.191051 ] }, { "date": "2025-11-14", "close": 190.270004, "volume": 3839468, "typical_volume": 1717868.65, "trend": 187.944427, "fair_value": 145.137757, "relative_strength": -8.57275, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -21.131814, "energy": 9.202405, "activity_lines": [ 185.684667, 185.167999, 185.553226, 186.314993 ] }, { "date": "2025-11-21", "close": 178.410004, "volume": 1671026, "typical_volume": 1699949.45, "trend": 187.054703, "fair_value": 145.824036, "relative_strength": -14.277181, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -54.114969, "energy": 23.300931, "activity_lines": [ 183.630002, 183.930546, 184.769178, 185.699869 ] }, { "date": "2025-11-28", "close": 175.389999, "volume": 637021, "typical_volume": 1657570.55, "trend": 186.574457, "fair_value": 146.48384, "relative_strength": -15.577558, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -57.525717, "energy": 29.794306, "activity_lines": [ 180.920001, 182.297455, 183.763452, 184.947307 ] }, { "date": "2025-12-05", "close": 168.270004, "volume": 532186, "typical_volume": 1506082.8, "trend": 185.920769, "fair_value": 147.092432, "relative_strength": -18.103028, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -68.058212, "energy": 55.311656, "activity_lines": [ 176.329335, 179.599274, 182.136287, 183.766375 ] }, { "date": "2025-12-12", "close": 164.350006, "volume": 686501, "typical_volume": 1469054.5, "trend": 184.643725, "fair_value": 147.676824, "relative_strength": -18.677835, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.568637, "energy": 71.478026, "activity_lines": [ 171.206004, 176.418548, 180.280644, 182.374713 ] }, { "date": "2025-12-19", "close": 160.830002, "volume": 592109, "typical_volume": 1439727.15, "trend": 183.674194, "fair_value": 148.297449, "relative_strength": -19.306379, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.094742, "energy": 77.304731, "activity_lines": [ 166.370003, 173.037639, 178.197202, 180.838344 ] }, { "date": "2025-12-26", "close": 163.690002, "volume": 589682, "typical_volume": 1043480.5, "trend": 182.925144, "fair_value": 148.859972, "relative_strength": -17.363856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.668292, "energy": 76.500017, "activity_lines": [ 164.450003, 170.615457, 176.521399, 179.549041 ] }, { "date": "2026-01-02", "close": 167.279999, "volume": 643684, "typical_volume": 995995.7, "trend": 182.290162, "fair_value": 149.442722, "relative_strength": -15.623453, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.461115, "energy": 69.931446, "activity_lines": [ 164.708002, 169.209457, 175.291779, 178.539677 ] }, { "date": "2026-01-09", "close": 169.059998, "volume": 48806794, "typical_volume": 3392932.0, "trend": 181.588377, "fair_value": 150.039049, "relative_strength": -12.050958, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.793235, "energy": 41.663941, "activity_lines": [ 166.1, 168.40891, 174.319995, 177.686118 ] }, { "date": "2026-01-16", "close": 163.300003, "volume": 2913095, "typical_volume": 3511982.1, "trend": 180.892854, "fair_value": 150.619805, "relative_strength": -14.555103, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.097816, "energy": 38.347953, "activity_lines": [ 165.519334, 166.75782, 172.891144, 176.506223 ] }, { "date": "2026-01-23", "close": 163.429993, "volume": 18008069, "typical_volume": 4377331.25, "trend": 180.22867, "fair_value": 151.212535, "relative_strength": -11.98202, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.727912, "energy": 33.754748, "activity_lines": [ 165.051998, 165.547818, 171.568905, 175.379586 ] }, { "date": "2026-01-30", "close": 160.600006, "volume": 1703410, "typical_volume": 4418497.8, "trend": 179.173419, "fair_value": 151.785886, "relative_strength": -14.097964, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.122468, "energy": 35.585609, "activity_lines": [ 163.468, 164.311274, 170.072858, 174.113221 ] }, { "date": "2026-02-06", "close": 161.300003, "volume": 1784223, "typical_volume": 4391204.55, "trend": 178.307158, "fair_value": 152.359701, "relative_strength": -14.645423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.23067, "energy": 35.731269, "activity_lines": [ 162.323335, 163.525819, 168.768477, 172.960097 ] }, { "date": "2026-02-13", "close": 157.179993, "volume": 4342015, "typical_volume": 4574786.75, "trend": 176.923507, "fair_value": 152.922888, "relative_strength": -15.599019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.011894, "energy": 38.13601, "activity_lines": [ 160.203999, 162.247454, 167.198905, 171.597055 ] }, { "date": "2026-02-20", "close": 154.039993, "volume": 1021194, "typical_volume": 4598861.3, "trend": 175.827761, "fair_value": 153.483586, "relative_strength": -17.220619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.455422, "energy": 48.106214, "activity_lines": [ 157.829997, 160.599816, 165.443381, 170.120699 ] }, { "date": "2026-02-27", "close": 147.059998, "volume": 1201884, "typical_volume": 4623093.7, "trend": 174.421954, "fair_value": 154.007586, "relative_strength": -19.4204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.051787, "energy": 59.508459, "activity_lines": [ 153.746664, 157.870543, 163.18738, 168.264714 ] }, { "date": "2026-03-06", "close": 138.179993, "volume": 870396, "typical_volume": 4627098.95, "trend": 172.841672, "fair_value": 154.467237, "relative_strength": -21.608427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.245809, "energy": 73.8258, "activity_lines": [ 147.794662, 153.777088, 160.266142, 165.926523 ] }, { "date": "2026-03-13", "close": 131.720001, "volume": 1101861, "typical_volume": 4667434.8, "trend": 171.038153, "fair_value": 154.902496, "relative_strength": -20.773158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.399048, "energy": 81.935505, "activity_lines": [ 141.183997, 148.972907, 156.946332, 163.273512 ] }, { "date": "2026-03-20", "close": 129.059998, "volume": 808789, "typical_volume": 4689932.1, "trend": 169.064292, "fair_value": 155.341129, "relative_strength": -21.746542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.89234, "energy": 85.353352, "activity_lines": [ 135.658664, 144.331634, 153.616332, 160.565244 ] }, { "date": "2026-03-27", "close": 118.809998, "volume": 1253100, "typical_volume": 4650325.35, "trend": 166.921666, "fair_value": 155.724578, "relative_strength": -26.536757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.839263, "energy": 90.071394, "activity_lines": [ 128.591331, 138.553997, 149.552141, 157.323031 ] }, { "date": "2026-04-03", "close": 128.410004, "volume": 1583699, "typical_volume": 4537536.9, "trend": 165.084333, "fair_value": 156.140786, "relative_strength": -19.624104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.285818, "energy": 79.060298, "activity_lines": [ 127.072667, 135.330726, 146.723428, 154.838408 ] }, { "date": "2026-04-10", "close": 141.539993, "volume": 2014263, "typical_volume": 4554698.75, "trend": 163.573999, "fair_value": 156.632806, "relative_strength": -15.746505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.406493, "energy": 57.478269, "activity_lines": [ 131.173998, 135.131452, 145.43976, 153.319418 ] }, { "date": "2026-04-17", "close": 149.869995, "volume": 1271507, "typical_volume": 4586423.05, "trend": 162.302666, "fair_value": 157.176366, "relative_strength": -11.328422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.366142, "energy": 37.606663, "activity_lines": [ 137.827997, 136.79327, 145.124998, 152.435289 ] }, { "date": "2026-04-24", "close": 146.179993, "volume": 755740, "typical_volume": 4597600.75, "trend": 161.144332, "fair_value": 157.698438, "relative_strength": -11.26899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.337722, "energy": 23.642998, "activity_lines": [ 142.041995, 137.991996, 144.580331, 151.395117 ] }, { "date": "2026-05-01", "close": 146.419998, "volume": 583056, "typical_volume": 4592428.5, "trend": 159.740333, "fair_value": 158.187081, "relative_strength": -11.071911, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.658899, "energy": 26.714952, "activity_lines": [ 145.194662, 139.43436, 144.163712, 150.44516 ] }, { "date": "2026-05-08", "close": 154.009995, "volume": 1909911, "typical_volume": 4658318.6, "trend": 158.708666, "fair_value": 158.733661, "relative_strength": -6.772828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.964271, "energy": 22.220378, "activity_lines": [ 149.036662, 142.395269, 144.55533, 150.07546 ] }, { "date": "2026-05-15", "close": 128.960007, "volume": 1748483, "typical_volume": 4716258.65, "trend": 156.884666, "fair_value": 159.131733, "relative_strength": -19.578933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.99668, "energy": 23.801334, "activity_lines": [ 142.821999, 140.675271, 142.593712, 148.156192 ] }, { "date": "2026-05-22", "close": 134.470001, "volume": 725689, "typical_volume": 4720358.9, "trend": 155.274333, "fair_value": 159.502616, "relative_strength": -15.940727, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.059192, "energy": 28.874745, "activity_lines": [ 139.282667, 140.124726, 141.322236, 146.710085 ] }, { "date": "2026-05-29", "close": 165.490005, "volume": 6848271, "typical_volume": 2622432.75, "trend": 154.794666, "fair_value": 160.07513, "relative_strength": 4.35089, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.886245, "energy": 6.809046, "activity_lines": [ 147.110003, 145.164182, 143.161285, 147.36916 ] }, { "date": "2026-06-05", "close": 167.160004, "volume": 582450, "typical_volume": 2505900.5, "trend": 154.158, "fair_value": 160.594292, "relative_strength": 6.311227, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 28.475718, "energy": 21.193226, "activity_lines": [ 154.20667, 149.84491, 145.17638, 148.166924 ] }, { "date": "2026-06-12", "close": 183.770004, "volume": 4353315, "typical_volume": 1823162.8, "trend": 153.941333, "fair_value": 161.225498, "relative_strength": 15.578239, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.728574, "energy": 58.146529, "activity_lines": [ 165.457337, 156.666547, 148.755, 150.077376 ] }, { "date": "2026-06-19", "close": 188.880005, "volume": 360453, "typical_volume": 1756014.95, "trend": 154.290333, "fair_value": 161.907719, "relative_strength": 16.684385, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.683993, "energy": 73.261068, "activity_lines": [ 176.427338, 163.41073, 152.723429, 152.331484 ] }, { "date": "2026-06-26", "close": 185.669998, "volume": 0, "typical_volume": 1666803.8, "trend": 154.633, "fair_value": 162.576789, "relative_strength": 14.312053, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.708374, "energy": 74.34456, "activity_lines": [ 182.332669, 168.710548, 156.251476, 154.355978 ] }, { "date": "2026-07-03", "close": 192.630005, "volume": 162735, "typical_volume": 1457839.8, "trend": 155.445, "fair_value": 163.273765, "relative_strength": 17.418338, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.638575, "energy": 88.996014, "activity_lines": [ 187.14467, 174.624912, 160.326334, 156.807398 ] }, { "date": "2026-07-10", "close": 228.339996, "volume": 26629853, "typical_volume": 2738272.75, "trend": 157.577999, "fair_value": 164.20584, "relative_strength": 38.769115, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.174432, "energy": 96.17171, "activity_lines": [ 202.050667, 186.187456, 167.633334, 161.510301 ] }, { "date": "2026-07-17", "close": 258.130005, "volume": 31134296, "typical_volume": 4234893.35, "trend": 160.821333, "fair_value": 165.33785, "relative_strength": 54.890865, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.179522, "energy": 97.434589, "activity_lines": [ 222.808002, 201.676911, 177.423668, 167.997527 ] }, { "date": "2026-07-24", "close": 258.890015, "volume": 8363977, "typical_volume": 4609572.4, "trend": 163.994667, "fair_value": 166.439764, "relative_strength": 57.562192, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.9885, "energy": 95.347874, "activity_lines": [ 238.861339, 215.411459, 186.757479, 174.324539 ] }, { "date": "2026-07-31", "close": 276.339996, "volume": 13719729, "typical_volume": 5240465.8, "trend": 167.63, "fair_value": 167.63497, "relative_strength": 62.293885, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.019314, "energy": 95.105948, "activity_lines": [ 256.064003, 229.956367, 197.178383, 181.572625 ] }, { "date": "2026-08-07", "close": 273.0, "volume": 6169729, "typical_volume": 5508512.8, "trend": 171.094667, "fair_value": 168.802576, "relative_strength": 57.595631, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.478664, "energy": 90.326265, "activity_lines": [ 266.108669, 241.314548, 206.592526, 188.370689 ] } ], "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." } } }