{ "ticker": { "uuid": "f8e7ae0f-2264-4d39-aca9-00ad5edbf29c", "symbol": "FOODSIN", "name": "Foods and Inns Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -51.281, "architecture_energy": 35.273, "architecture_maturity": 32.527, "architecture_confidence": 86.829, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 43.31, "rotation_up": 16.82, "upward_expansion": 8.48, "deceleration": 40.69, "rotation_down": 57.13, "downward_expansion": 74.82 }, "activity_lines": [ 55.744666, 56.890181, 57.310333, 57.432667 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 54.919998, "trend_reference": 58.214333, "distance_from_trend": -0.05659, "trend_direction": "Weakening", "fair_value": 112.78139, "distance_from_fair_value": -0.51304, "fair_value_direction": "Weakening", "relative_strength": -18.398702, "relative_strength_direction": "Weakening", "price_momentum": -0.216436, "excess_performance": -0.172727, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.05659, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.086112, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.51304, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.025188, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.183987, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.000306, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.216436, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.496164, "read": "Supply-led" } ], "volume": { "latest": 314797, "relative_activity": 0.654342, "balance": 0.496164, "dry_up": 0.735177, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.080243, "annualized_volatility": 0.498948, "from_high_reference": -0.461941, "from_low_reference": 0.248182 }, "levels": { "trend_reference": 58.214333, "fair_value_reference": 112.78139, "structural_low": 44.0, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": -0.046595, "positive_rate": 0.416667, "directional_follow_through": 0.416667, "median_excess_return": -0.053578, "regime_survival": 0.75, "best_return": 0.180121, "worst_return": -0.13496, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.126312, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.169147, "regime_survival": 0.4, "best_return": -0.061435, "worst_return": -0.199084, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.185858, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.279165, "regime_survival": 0.333333, "best_return": -0.144465, "worst_return": -0.22049, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.362006, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.459268, "regime_survival": 0.5, "best_return": -0.303473, "worst_return": -0.420538, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-05-26", "end": "2023-08-11", "tenure": "Developing", "return": 0.143734, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-08-18", "end": "2023-10-06", "tenure": "Developing", "return": 0.175679, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-10-13", "end": "2023-11-03", "tenure": "New", "return": -0.156933, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-11-10", "end": "2023-12-22", "tenure": "Developing", "return": -0.084405, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-12-29", "end": "2024-04-19", "tenure": "Established", "return": 0.067791, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-26", "end": "2024-08-30", "tenure": "Established", "return": -0.179093, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-06", "end": "2025-05-23", "tenure": "Extended", "return": -0.30805, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-27", "tenure": "Developing", "return": 0.180121, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-07-25", "tenure": "New", "return": -0.051091, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-08-08", "tenure": "New", "return": -0.069034, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-08-29", "tenure": "New", "return": -0.082476, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-05", "end": "2025-10-24", "tenure": "Developing", "return": -0.076865, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2026-05-01", "tenure": "Extended", "return": -0.210371, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": -0.126312, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 180.312073, "volume": 989604, "typical_volume": 2298245.45, "trend": 152.372628, "fair_value": 110.820452, "relative_strength": 27.481144, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.431036, "energy": 30.035004, "activity_lines": [ 180.530273, 182.684316, 175.072454, 164.60822 ] }, { "date": "2023-08-25", "close": 170.34433, "volume": 1355258, "typical_volume": 2345766.45, "trend": 153.643805, "fair_value": 111.460494, "relative_strength": 19.367848, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.724598, "energy": 22.115148, "activity_lines": [ 177.065531, 180.515847, 175.605437, 165.767685 ] }, { "date": "2023-09-01", "close": 182.749283, "volume": 1231292, "typical_volume": 2377385.2, "trend": 155.126812, "fair_value": 112.218885, "relative_strength": 25.325908, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.964325, "energy": 21.57975, "activity_lines": [ 178.307721, 180.76422, 177.126676, 167.645457 ] }, { "date": "2023-09-08", "close": 176.583038, "volume": 791238, "typical_volume": 2361000.95, "trend": 156.349727, "fair_value": 112.896403, "relative_strength": 17.4305, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.635859, "energy": 19.48918, "activity_lines": [ 177.411361, 179.644272, 177.815735, 169.02973 ] }, { "date": "2023-09-15", "close": 170.466537, "volume": 880170, "typical_volume": 2372810.5, "trend": 157.796892, "fair_value": 113.496091, "relative_strength": 10.190294, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.561228, "energy": 13.003909, "activity_lines": [ 175.194228, 177.507986, 177.718286, 169.940492 ] }, { "date": "2023-09-22", "close": 164.001938, "volume": 1372195, "typical_volume": 2387405.8, "trend": 158.901288, "fair_value": 114.01677, "relative_strength": 8.077606, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.296291, "energy": 8.767074, "activity_lines": [ 171.164523, 174.475411, 176.84825, 170.340818 ] }, { "date": "2023-09-29", "close": 196.374664, "volume": 13652598, "typical_volume": 2969474.4, "trend": 161.205446, "fair_value": 114.857157, "relative_strength": 28.212658, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.187718, "energy": 23.585558, "activity_lines": [ 179.013069, 178.037388, 178.945358, 172.758455 ] }, { "date": "2023-10-06", "close": 211.989166, "volume": 6419998, "typical_volume": 2706768.6, "trend": 164.051576, "fair_value": 115.838288, "relative_strength": 36.568084, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 74.196095, "energy": 51.15451, "activity_lines": [ 190.331094, 184.121072, 182.317997, 176.034824 ] }, { "date": "2023-10-13", "close": 209.453049, "volume": 5983118, "typical_volume": 2829160.7, "trend": 167.135508, "fair_value": 116.774436, "relative_strength": 32.551389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.922822, "energy": 70.663736, "activity_lines": [ 198.854421, 189.189336, 185.181129, 178.963951 ] }, { "date": "2023-10-20", "close": 186.777222, "volume": 1410896, "typical_volume": 2651540.15, "trend": 169.374317, "fair_value": 117.467533, "relative_strength": 18.247099, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.412056, "energy": 65.70298, "activity_lines": [ 197.627805, 189.732922, 185.618373, 180.231158 ] }, { "date": "2023-10-27", "close": 174.146408, "volume": 2975355, "typical_volume": 2654915.65, "trend": 171.261526, "fair_value": 118.023208, "relative_strength": 12.065286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.593051, "energy": 40.760009, "activity_lines": [ 191.103538, 187.77679, 184.781987, 180.539035 ] }, { "date": "2023-11-03", "close": 176.583038, "volume": 1107722, "typical_volume": 2462640.6, "trend": 172.821658, "fair_value": 118.59175, "relative_strength": 11.486988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.340484, "energy": 13.18789, "activity_lines": [ 184.715183, 186.375786, 184.144206, 180.882359 ] }, { "date": "2023-11-10", "close": 177.92569, "volume": 3785460, "typical_volume": 2581114.25, "trend": 174.375302, "fair_value": 119.162269, "relative_strength": 10.299344, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.879661, "energy": 17.604705, "activity_lines": [ 180.093821, 185.105468, 183.646859, 181.211651 ] }, { "date": "2023-11-17", "close": 179.318069, "volume": 1921006, "typical_volume": 2612762.2, "trend": 175.89436, "fair_value": 119.735181, "relative_strength": 8.821713, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.316403, "energy": 19.364041, "activity_lines": [ 178.207484, 184.176013, 183.24035, 181.530539 ] }, { "date": "2023-11-24", "close": 170.466537, "volume": 1821136, "typical_volume": 2638264.5, "trend": 176.992737, "fair_value": 120.213779, "relative_strength": 2.808764, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.320692, "energy": 19.424709, "activity_lines": [ 175.379634, 181.58746, 182.002892, 181.180357 ] }, { "date": "2023-12-01", "close": 169.123901, "volume": 932071, "typical_volume": 2605322.3, "trend": 177.975279, "fair_value": 120.670883, "relative_strength": -0.688343, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.38193, "energy": 26.129027, "activity_lines": [ 173.191619, 178.754791, 180.71066, 180.67269 ] }, { "date": "2023-12-08", "close": 170.21788, "volume": 1908448, "typical_volume": 2637400.35, "trend": 178.584337, "fair_value": 121.129651, "relative_strength": -3.664454, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.201981, "energy": 32.457299, "activity_lines": [ 171.703096, 176.027901, 179.683812, 180.172213 ] }, { "date": "2023-12-15", "close": 168.427704, "volume": 1657188, "typical_volume": 2676132.95, "trend": 179.008093, "fair_value": 121.563578, "relative_strength": -7.022413, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.331955, "energy": 36.023586, "activity_lines": [ 170.042192, 173.451103, 178.527927, 179.516946 ] }, { "date": "2023-12-22", "close": 162.907944, "volume": 5792704, "typical_volume": 2897161.95, "trend": 179.320589, "fair_value": 121.939436, "relative_strength": -9.87383, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.163861, "energy": 50.185323, "activity_lines": [ 167.174568, 170.662738, 176.90861, 178.478227 ] }, { "date": "2023-12-29", "close": 159.178345, "volume": 1141447, "typical_volume": 2856445.2, "trend": 178.895492, "fair_value": 122.274922, "relative_strength": -13.651289, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.112974, "energy": 59.736954, "activity_lines": [ 164.157752, 168.042539, 175.050502, 177.178727 ] }, { "date": "2024-01-05", "close": 170.764908, "volume": 2025647, "typical_volume": 2908247.35, "trend": 179.016958, "fair_value": 122.707868, "relative_strength": -7.349028, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.85025, "energy": 47.135662, "activity_lines": [ 165.755669, 168.030786, 174.37408, 176.654174 ] }, { "date": "2024-01-12", "close": 171.162735, "volume": 1698504, "typical_volume": 2925409.65, "trend": 178.748346, "fair_value": 123.136672, "relative_strength": -7.828214, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.365382, "energy": 34.645585, "activity_lines": [ 167.376796, 168.152846, 173.781009, 176.14745 ] }, { "date": "2024-01-19", "close": 162.907944, "volume": 1083242, "typical_volume": 2918007.15, "trend": 178.54014, "fair_value": 123.485543, "relative_strength": -11.120997, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.370114, "energy": 34.876479, "activity_lines": [ 166.183335, 166.872587, 172.39787, 175.125488 ] }, { "date": "2024-01-26", "close": 155.399048, "volume": 964240, "typical_volume": 2926657.25, "trend": 177.658462, "fair_value": 123.763052, "relative_strength": -14.101159, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.414816, "energy": 41.953165, "activity_lines": [ 162.854892, 164.500124, 170.394081, 173.632514 ] }, { "date": "2024-02-02", "close": 144.061142, "volume": 1802848, "typical_volume": 2972791.15, "trend": 176.266612, "fair_value": 123.938035, "relative_strength": -21.990683, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.300349, "energy": 70.458589, "activity_lines": [ 156.247741, 160.501114, 167.411367, 171.464945 ] }, { "date": "2024-02-09", "close": 144.906509, "volume": 3103132, "typical_volume": 3059338.0, "trend": 174.330994, "fair_value": 124.117253, "relative_strength": -21.063735, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.101457, "energy": 79.46979, "activity_lines": [ 150.930192, 157.135906, 164.634904, 169.441713 ] }, { "date": "2024-02-16", "close": 148.586334, "volume": 945893, "typical_volume": 2424002.75, "trend": 173.319753, "fair_value": 124.324618, "relative_strength": -19.945472, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.567378, "energy": 75.614648, "activity_lines": [ 148.563145, 154.880073, 162.299832, 167.780767 ] }, { "date": "2024-02-23", "close": 153.409943, "volume": 1575878, "typical_volume": 2181796.75, "trend": 172.383343, "fair_value": 124.569033, "relative_strength": -17.876648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.635544, "energy": 69.921585, "activity_lines": [ 149.309061, 153.89456, 160.651714, 166.496263 ] }, { "date": "2024-03-01", "close": 153.509399, "volume": 1725406, "typical_volume": 1968911.15, "trend": 171.255191, "fair_value": 124.810202, "relative_strength": -18.21968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.49855, "energy": 43.923122, "activity_lines": [ 150.721329, 153.200181, 159.292017, 165.278589 ] }, { "date": "2024-03-08", "close": 144.359482, "volume": 1015915, "typical_volume": 1949162.1, "trend": 170.213809, "fair_value": 124.971767, "relative_strength": -23.474072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.156682, "energy": 42.622082, "activity_lines": [ 149.209601, 151.013063, 157.327298, 163.543382 ] }, { "date": "2024-03-15", "close": 132.474579, "volume": 3450877, "typical_volume": 1972938.2, "trend": 168.619226, "fair_value": 125.033265, "relative_strength": -28.139381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.18026, "energy": 49.497319, "activity_lines": [ 143.716349, 146.934487, 154.432672, 161.108593 ] }, { "date": "2024-03-22", "close": 130.236832, "volume": 1532237, "typical_volume": 1994163.95, "trend": 167.282309, "fair_value": 125.075571, "relative_strength": -29.398963, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.657137, "energy": 57.789774, "activity_lines": [ 138.305978, 143.145237, 151.523365, 158.63231 ] }, { "date": "2024-03-29", "close": 129.640121, "volume": 1072715, "typical_volume": 1858526.7, "trend": 165.512004, "fair_value": 125.112382, "relative_strength": -30.292108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.945757, "energy": 75.223416, "activity_lines": [ 133.920002, 139.9916, 148.777925, 156.203782 ] }, { "date": "2024-04-05", "close": 144.608139, "volume": 1233074, "typical_volume": 1824130.1, "trend": 164.446174, "fair_value": 125.268348, "relative_strength": -22.719227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.943304, "energy": 63.834279, "activity_lines": [ 136.108021, 140.164291, 147.687941, 154.855145 ] }, { "date": "2024-04-12", "close": 158.382721, "volume": 5941320, "typical_volume": 2030139.3, "trend": 164.04338, "fair_value": 125.53116, "relative_strength": -15.314146, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.139694, "energy": 28.073339, "activity_lines": [ 143.480984, 143.03765, 148.075108, 154.463955 ] }, { "date": "2024-04-19", "close": 169.969254, "volume": 5009642, "typical_volume": 2234017.85, "trend": 164.24229, "fair_value": 125.881066, "relative_strength": -7.609112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.919928, "energy": 13.382492, "activity_lines": [ 153.781243, 147.757259, 149.623296, 154.846269 ] }, { "date": "2024-04-26", "close": 162.211746, "volume": 2824991, "typical_volume": 2279845.0, "trend": 163.103526, "fair_value": 126.1649, "relative_strength": -12.823252, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.80246, "energy": 20.685218, "activity_lines": [ 158.996021, 150.610725, 150.428648, 154.715266 ] }, { "date": "2024-05-03", "close": 158.134064, "volume": 1770455, "typical_volume": 2285508.35, "trend": 161.308356, "fair_value": 126.412723, "relative_strength": -15.089758, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.857112, "energy": 23.22253, "activity_lines": [ 160.71991, 152.47506, 150.883774, 154.394656 ] }, { "date": "2024-05-10", "close": 144.856766, "volume": 1243398, "typical_volume": 2058043.05, "trend": 159.155147, "fair_value": 126.5546, "relative_strength": -20.416283, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.850806, "energy": 19.464758, "activity_lines": [ 156.118437, 151.839448, 150.123412, 153.333263 ] }, { "date": "2024-05-17", "close": 147.193985, "volume": 1551771, "typical_volume": 2078559.25, "trend": 157.835706, "fair_value": 126.712153, "relative_strength": -20.239126, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.37576, "energy": 8.561554, "activity_lines": [ 152.279462, 151.786105, 149.671601, 152.561575 ] }, { "date": "2024-05-24", "close": 145.403778, "volume": 1014145, "typical_volume": 2027984.15, "trend": 156.877618, "fair_value": 126.853756, "relative_strength": -22.537882, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.186355, "energy": 21.647459, "activity_lines": [ 148.589667, 151.355733, 149.106363, 151.759515 ] }, { "date": "2024-05-31", "close": 143.315216, "volume": 1247709, "typical_volume": 2005444.4, "trend": 155.76869, "fair_value": 126.977526, "relative_strength": -21.668457, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.708525, "energy": 29.380051, "activity_lines": [ 145.841383, 150.310547, 148.462981, 150.884522 ] }, { "date": "2024-06-07", "close": 146.497787, "volume": 1581935, "typical_volume": 2030379.05, "trend": 154.721094, "fair_value": 127.1232, "relative_strength": -22.039127, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.891607, "energy": 25.67095, "activity_lines": [ 145.413725, 149.606221, 148.255308, 150.286399 ] }, { "date": "2024-06-14", "close": 148.914551, "volume": 865716, "typical_volume": 2025452.85, "trend": 153.707643, "fair_value": 127.284617, "relative_strength": -20.745996, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.399634, "energy": 24.823675, "activity_lines": [ 146.567406, 149.034804, 148.355947, 149.911783 ] }, { "date": "2024-06-21", "close": 153.360214, "volume": 885427, "typical_volume": 1979581.8, "trend": 153.137432, "fair_value": 127.47635, "relative_strength": -18.003704, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.94681, "energy": 11.589597, "activity_lines": [ 148.932456, 149.193391, 148.910861, 149.889368 ] }, { "date": "2024-06-28", "close": 146.348602, "volume": 751726, "typical_volume": 1862011.5, "trend": 152.378256, "fair_value": 127.614103, "relative_strength": -22.782, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.077785, "energy": 13.089924, "activity_lines": [ 148.549221, 148.168457, 148.753721, 149.451379 ] }, { "date": "2024-07-05", "close": 155.886398, "volume": 1545539, "typical_volume": 1891993.8, "trend": 151.90054, "fair_value": 127.818975, "relative_strength": -18.170223, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.080138, "energy": 10.490918, "activity_lines": [ 151.282262, 149.307135, 149.498076, 149.677711 ] }, { "date": "2024-07-12", "close": 149.173141, "volume": 1201458, "typical_volume": 1873272.8, "trend": 151.258721, "fair_value": 127.972602, "relative_strength": -21.437156, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.790849, "energy": 10.109339, "activity_lines": [ 150.939472, 149.340227, 149.56831, 149.50175 ] }, { "date": "2024-07-19", "close": 145.712082, "volume": 631953, "typical_volume": 1818600.15, "trend": 150.685526, "fair_value": 128.099313, "relative_strength": -22.751442, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.436438, "energy": 9.773341, "activity_lines": [ 149.264639, 148.906961, 149.329095, 149.143902 ] }, { "date": "2024-07-26", "close": 152.246307, "volume": 859230, "typical_volume": 1810765.9, "trend": 150.454458, "fair_value": 128.270568, "relative_strength": -19.650577, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.2572, "energy": 7.096027, "activity_lines": [ 149.981379, 149.646185, 149.749318, 149.244598 ] }, { "date": "2024-08-02", "close": 156.682007, "volume": 3285823, "typical_volume": 1802513.2, "trend": 149.985028, "fair_value": 128.470648, "relative_strength": -16.229197, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.218809, "energy": 16.135476, "activity_lines": [ 152.250946, 151.10004, 150.554431, 149.646375 ] }, { "date": "2024-08-09", "close": 145.42366, "volume": 1677379, "typical_volume": 1809770.3, "trend": 149.127058, "fair_value": 128.589201, "relative_strength": -20.510831, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 19.529544, "energy": 7.967948, "activity_lines": [ 150.078837, 150.301863, 150.172048, 149.352093 ] }, { "date": "2024-08-16", "close": 129.222382, "volume": 1376799, "typical_volume": 1824974.5, "trend": 148.004206, "fair_value": 128.593598, "relative_strength": -29.127073, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -34.179261, "energy": 37.134506, "activity_lines": [ 143.203818, 146.519664, 148.174367, 148.067921 ] }, { "date": "2024-08-23", "close": 139.11821, "volume": 1570241, "typical_volume": 1841832.85, "trend": 147.461512, "fair_value": 128.666182, "relative_strength": -23.928976, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -26.714898, "energy": 40.376675, "activity_lines": [ 140.957459, 144.850805, 147.121136, 147.494631 ] }, { "date": "2024-08-30", "close": 133.160828, "volume": 685054, "typical_volume": 1579019.55, "trend": 147.098168, "fair_value": 128.696967, "relative_strength": -27.597599, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.739244, "energy": 61.912038, "activity_lines": [ 137.164897, 142.276901, 145.526677, 146.572006 ] }, { "date": "2024-09-06", "close": 140.928284, "volume": 2290126, "typical_volume": 1443043.75, "trend": 146.96556, "fair_value": 128.780173, "relative_strength": -21.520379, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.772346, "energy": 59.874689, "activity_lines": [ 137.233852, 141.482524, 144.792081, 146.173949 ] }, { "date": "2024-09-13", "close": 135.861557, "volume": 530770, "typical_volume": 1328332.7, "trend": 146.541401, "fair_value": 128.82802, "relative_strength": -25.233087, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.18806, "energy": 49.434398, "activity_lines": [ 136.664147, 139.865474, 143.713229, 145.457562 ] }, { "date": "2024-09-20", "close": 132.921051, "volume": 663591, "typical_volume": 1272989.5, "trend": 145.858438, "fair_value": 128.85549, "relative_strength": -27.464101, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.853308, "energy": 45.960213, "activity_lines": [ 135.751747, 138.077875, 142.479806, 144.578829 ] }, { "date": "2024-09-27", "close": 137.855118, "volume": 1223155, "typical_volume": 1271977.35, "trend": 145.336629, "fair_value": 128.915488, "relative_strength": -24.924633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.508805, "energy": 30.913438, "activity_lines": [ 136.237457, 137.482871, 141.836356, 144.062486 ] }, { "date": "2024-10-04", "close": 133.319748, "volume": 492218, "typical_volume": 1218999.7, "trend": 144.968638, "fair_value": 128.944655, "relative_strength": -22.86098, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.53015, "energy": 34.418621, "activity_lines": [ 135.295584, 136.206109, 140.794308, 143.287203 ] }, { "date": "2024-10-11", "close": 131.176682, "volume": 652601, "typical_volume": 1200922.5, "trend": 144.925374, "fair_value": 128.959339, "relative_strength": -22.798257, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.009421, "energy": 35.922098, "activity_lines": [ 133.628761, 134.883818, 139.614225, 142.3974 ] }, { "date": "2024-10-18", "close": 128.435516, "volume": 485782, "typical_volume": 1162826.15, "trend": 144.86533, "fair_value": 128.955916, "relative_strength": -23.122853, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.291413, "energy": 40.69271, "activity_lines": [ 131.698323, 133.526866, 138.240828, 141.333538 ] }, { "date": "2024-10-25", "close": 121.936493, "volume": 1982988, "typical_volume": 1182878.8, "trend": 144.608543, "fair_value": 128.910335, "relative_strength": -24.090379, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.679017, "energy": 54.151715, "activity_lines": [ 128.096613, 131.297149, 136.319331, 139.854258 ] }, { "date": "2024-11-01", "close": 128.923935, "volume": 1139784, "typical_volume": 1196582.2, "trend": 144.085736, "fair_value": 128.910423, "relative_strength": -19.24187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.514069, "energy": 48.026862, "activity_lines": [ 127.556354, 130.470346, 135.180264, 138.842348 ] }, { "date": "2024-11-08", "close": 123.930054, "volume": 727976, "typical_volume": 1188709.65, "trend": 142.937314, "fair_value": 128.878497, "relative_strength": -20.935801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.550232, "energy": 51.840037, "activity_lines": [ 125.94688, 128.920916, 133.660782, 137.541981 ] }, { "date": "2024-11-15", "close": 114.191483, "volume": 338335, "typical_volume": 1168040.1, "trend": 141.078055, "fair_value": 129.031828, "relative_strength": -24.293372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.166134, "energy": 65.898048, "activity_lines": [ 121.717196, 125.768668, 131.353962, 135.687412 ] }, { "date": "2024-11-22", "close": 112.277657, "volume": 808071, "typical_volume": 1131166.7, "trend": 139.413585, "fair_value": 129.198877, "relative_strength": -25.857429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.458496, "energy": 69.228797, "activity_lines": [ 117.981916, 122.754576, 129.018001, 133.829322 ] }, { "date": "2024-11-29", "close": 115.766403, "volume": 481397, "typical_volume": 1095163.65, "trend": 138.00133, "fair_value": 129.387972, "relative_strength": -23.438308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.37773, "energy": 67.24686, "activity_lines": [ 116.486742, 120.8036, 127.221962, 132.303697 ] }, { "date": "2024-12-06", "close": 119.713661, "volume": 417429, "typical_volume": 1084437.45, "trend": 137.163226, "fair_value": 129.597934, "relative_strength": -21.7978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.513865, "energy": 64.16843, "activity_lines": [ 116.718661, 119.882209, 125.960932, 131.123847 ] }, { "date": "2024-12-13", "close": 122.086006, "volume": 1375193, "typical_volume": 1110235.6, "trend": 136.326294, "fair_value": 129.834512, "relative_strength": -19.81347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.069729, "energy": 42.430751, "activity_lines": [ 118.355379, 119.721999, 125.049642, 130.151123 ] }, { "date": "2024-12-20", "close": 118.447746, "volume": 710507, "typical_volume": 981469.8, "trend": 135.427759, "fair_value": 130.053472, "relative_strength": -17.636301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.248944, "energy": 36.18656, "activity_lines": [ 118.90228, 119.104536, 123.935472, 128.997669 ] }, { "date": "2024-12-27", "close": 115.387627, "volume": 248472, "typical_volume": 910024.45, "trend": 134.49684, "fair_value": 130.234752, "relative_strength": -19.898912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.780704, "energy": 36.347763, "activity_lines": [ 118.145391, 118.162124, 122.711929, 127.704757 ] }, { "date": "2025-01-03", "close": 115.955788, "volume": 407426, "typical_volume": 861555.8, "trend": 133.478773, "fair_value": 130.370554, "relative_strength": -19.368211, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.566434, "energy": 35.219542, "activity_lines": [ 117.370557, 117.560248, 121.685526, 126.50856 ] }, { "date": "2025-01-10", "close": 104.23362, "volume": 404701, "typical_volume": 803278.8, "trend": 131.989409, "fair_value": 130.406813, "relative_strength": -24.934345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.216243, "energy": 55.36112, "activity_lines": [ 112.675709, 114.935809, 119.6059, 124.621776 ] }, { "date": "2025-01-17", "close": 116.633606, "volume": 2175756, "typical_volume": 877813.9, "trend": 130.765188, "fair_value": 130.409741, "relative_strength": -14.481928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.348476, "energy": 39.65922, "activity_lines": [ 113.146192, 115.014827, 118.873342, 123.631079 ] }, { "date": "2025-01-24", "close": 113.274445, "volume": 604666, "typical_volume": 793540.9, "trend": 129.662717, "fair_value": 130.503319, "relative_strength": -15.89286, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.150475, "energy": 39.499523, "activity_lines": [ 112.860447, 114.615752, 117.899565, 122.502644 ] }, { "date": "2025-01-31", "close": 110.383766, "volume": 502774, "typical_volume": 792141.1, "trend": 128.145962, "fair_value": 130.569812, "relative_strength": -18.983637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.627514, "energy": 40.886837, "activity_lines": [ 111.95603, 113.707772, 116.782171, 121.258841 ] }, { "date": "2025-02-07", "close": 103.62558, "volume": 581151, "typical_volume": 788019.1, "trend": 126.62771, "fair_value": 130.617701, "relative_strength": -23.538364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.378629, "energy": 42.52811, "activity_lines": [ 109.132475, 111.605465, 115.142462, 119.676881 ] }, { "date": "2025-02-14", "close": 93.687653, "volume": 618918, "typical_volume": 757807.25, "trend": 124.893562, "fair_value": 130.655125, "relative_strength": -28.333503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.591359, "energy": 66.128285, "activity_lines": [ 103.818292, 107.917005, 112.695786, 117.551716 ] }, { "date": "2025-02-21", "close": 100.455811, "volume": 640363, "typical_volume": 765214.5, "trend": 123.167213, "fair_value": 130.753047, "relative_strength": -22.049442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.520082, "energy": 65.796927, "activity_lines": [ 101.463226, 105.932319, 111.104019, 115.975086 ] }, { "date": "2025-02-28", "close": 86.620461, "volume": 458842, "typical_volume": 755526.55, "trend": 120.831828, "fair_value": 130.766085, "relative_strength": -30.042491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.163231, "energy": 80.288949, "activity_lines": [ 95.574896, 101.825391, 108.351093, 113.617232 ] }, { "date": "2025-03-07", "close": 94.116264, "volume": 2037558, "typical_volume": 833115.35, "trend": 119.121581, "fair_value": 130.818616, "relative_strength": -24.850871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.694171, "energy": 68.099636, "activity_lines": [ 93.962099, 99.660014, 106.524226, 111.893647 ] }, { "date": "2025-03-14", "close": 82.842651, "volume": 1213123, "typical_volume": 794622.1, "trend": 117.57559, "fair_value": 130.797929, "relative_strength": -32.855254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.169866, "energy": 71.004422, "activity_lines": [ 89.675931, 95.831642, 103.787107, 109.553071 ] }, { "date": "2025-03-21", "close": 82.80278, "volume": 1605860, "typical_volume": 817925.9, "trend": 115.698409, "fair_value": 130.801072, "relative_strength": -35.09523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.674312, "energy": 68.350707, "activity_lines": [ 86.762002, 92.598077, 101.232352, 107.309664 ] }, { "date": "2025-03-28", "close": 81.058411, "volume": 2727025, "typical_volume": 917878.35, "trend": 113.961662, "fair_value": 130.774335, "relative_strength": -36.390574, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.162835, "energy": 56.67996, "activity_lines": [ 83.992274, 89.437006, 98.731091, 105.074825 ] }, { "date": "2025-04-04", "close": 86.201813, "volume": 1786136, "typical_volume": 990268.4, "trend": 112.137446, "fair_value": 130.763773, "relative_strength": -29.87638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.842456, "energy": 51.269825, "activity_lines": [ 84.230174, 87.857921, 96.923828, 103.283867 ] }, { "date": "2025-04-11", "close": 81.806, "volume": 678808, "typical_volume": 983805.25, "trend": 110.335594, "fair_value": 130.745315, "relative_strength": -32.395404, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.068714, "energy": 49.632647, "activity_lines": [ 83.030713, 85.971826, 94.831201, 101.326999 ] }, { "date": "2025-04-18", "close": 86.082199, "volume": 532097, "typical_volume": 986340.25, "trend": 108.774299, "fair_value": 130.754268, "relative_strength": -30.893684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.913815, "energy": 46.269963, "activity_lines": [ 84.077336, 85.382819, 93.290933, 99.762264 ] }, { "date": "2025-04-25", "close": 88.923027, "volume": 1063752, "typical_volume": 1018656.4, "trend": 107.14323, "fair_value": 130.810586, "relative_strength": -28.236036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.901731, "energy": 34.046178, "activity_lines": [ 85.854931, 85.629295, 92.162575, 98.481537 ] }, { "date": "2025-05-02", "close": 86.520782, "volume": 484445, "typical_volume": 974119.0, "trend": 105.583264, "fair_value": 130.881929, "relative_strength": -30.148754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.058005, "energy": 31.060746, "activity_lines": [ 86.423762, 85.52563, 90.952053, 97.151057 ] }, { "date": "2025-05-09", "close": 87.86644, "volume": 334634, "typical_volume": 955325.35, "trend": 104.139589, "fair_value": 131.006581, "relative_strength": -27.262025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.033567, "energy": 25.431288, "activity_lines": [ 87.076987, 85.919994, 90.039047, 96.008036 ] }, { "date": "2025-05-16", "close": 93.169327, "volume": 1013703, "typical_volume": 993586.9, "trend": 102.96405, "fair_value": 131.120225, "relative_strength": -25.182541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.079221, "energy": 19.34627, "activity_lines": [ 89.386866, 87.255865, 89.776703, 95.300277 ] }, { "date": "2025-05-23", "close": 97.515305, "volume": 6766963, "typical_volume": 1311563.75, "trend": 102.15001, "fair_value": 131.263947, "relative_strength": -20.426543, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.258507, "energy": 14.880233, "activity_lines": [ 92.38785, 89.399131, 90.034063, 94.948745 ] }, { "date": "2025-05-30", "close": 97.176392, "volume": 1199118, "typical_volume": 1351284.6, "trend": 101.091759, "fair_value": 131.402327, "relative_strength": -19.61154, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.339704, "energy": 12.868958, "activity_lines": [ 94.513655, 91.214, 90.346958, 94.627866 ] }, { "date": "2025-06-06", "close": 96.717873, "volume": 732870, "typical_volume": 1279140.3, "trend": 100.184686, "fair_value": 131.55393, "relative_strength": -20.035822, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.224258, "energy": 17.164934, "activity_lines": [ 95.936396, 92.684165, 90.64979, 94.34568 ] }, { "date": "2025-06-13", "close": 96.668037, "volume": 1141739, "typical_volume": 1305993.95, "trend": 99.600571, "fair_value": 131.736586, "relative_strength": -18.366985, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.323393, "energy": 17.160807, "activity_lines": [ 96.662719, 93.86055, 91.042713, 94.1188 ] }, { "date": "2025-06-20", "close": 99.209831, "volume": 1378533, "typical_volume": 1349781.9, "trend": 99.164977, "fair_value": 131.934903, "relative_strength": -16.672978, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.02641, "energy": 23.487095, "activity_lines": [ 97.649534, 95.308785, 91.756789, 94.093591 ] }, { "date": "2025-06-27", "close": 114.679909, "volume": 9739748, "typical_volume": 1807711.75, "trend": 99.12876, "fair_value": 132.226683, "relative_strength": -5.028606, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 44.902841, "energy": 52.559497, "activity_lines": [ 103.390341, 99.253329, 93.997416, 95.094554 ] }, { "date": "2025-07-04", "close": 113.742928, "volume": 376762, "typical_volume": 1795603.95, "trend": 98.929736, "fair_value": 132.520061, "relative_strength": -4.392589, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.071111, "energy": 61.676837, "activity_lines": [ 107.674514, 102.507553, 96.096166, 96.037403 ] }, { "date": "2025-07-11", "close": 111.859009, "volume": 212527, "typical_volume": 1774212.15, "trend": 98.588836, "fair_value": 132.857139, "relative_strength": -4.165847, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.443082, "energy": 64.425282, "activity_lines": [ 110.226279, 104.967976, 97.919995, 96.87155 ] }, { "date": "2025-07-18", "close": 116.005623, "volume": 314456, "typical_volume": 1766992.85, "trend": 98.507432, "fair_value": 133.197346, "relative_strength": 0.648582, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.058577, "energy": 68.700717, "activity_lines": [ 113.150839, 107.721634, 100.084438, 97.995214 ] }, { "date": "2025-07-25", "close": 107.931686, "volume": 135407, "typical_volume": 1671885.3, "trend": 98.258901, "fair_value": 133.478192, "relative_strength": -5.155905, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 63.249776, "energy": 66.608548, "activity_lines": [ 112.094914, 108.495682, 101.340005, 98.60323 ] }, { "date": "2025-08-01", "close": 104.971237, "volume": 228468, "typical_volume": 1622652.55, "trend": 97.892749, "fair_value": 133.744498, "relative_strength": -5.921655, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.851018, "energy": 40.821864, "activity_lines": [ 109.470716, 108.46306, 102.247837, 99.036284 ] }, { "date": "2025-08-08", "close": 97.724625, "volume": 222003, "typical_volume": 1553459.7, "trend": 97.675782, "fair_value": 133.958646, "relative_strength": -10.952192, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.811282, "energy": 21.439873, "activity_lines": [ 105.078226, 106.977309, 102.360141, 99.025437 ] }, { "date": "2025-08-15", "close": 94.993439, "volume": 184623, "typical_volume": 1426339.6, "trend": 96.954443, "fair_value": 134.109019, "relative_strength": -13.864574, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.484065, "energy": 19.82216, "activity_lines": [ 100.843227, 104.985012, 102.141276, 98.852383 ] }, { "date": "2025-08-22", "close": 89.830101, "volume": 475258, "typical_volume": 1360795.7, "trend": 96.172965, "fair_value": 134.172103, "relative_strength": -18.632234, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.565362, "energy": 26.407008, "activity_lines": [ 96.011486, 102.085279, 101.364307, 98.392748 ] }, { "date": "2025-08-29", "close": 87.158722, "volume": 135551, "typical_volume": 1333632.85, "trend": 95.398797, "fair_value": 134.23264, "relative_strength": -19.019996, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.918646, "energy": 37.028771, "activity_lines": [ 92.034321, 98.824166, 100.315644, 97.811184 ] }, { "date": "2025-09-05", "close": 91.39505, "volume": 185533, "typical_volume": 1316304.65, "trend": 94.991113, "fair_value": 134.300051, "relative_strength": -15.432666, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.763194, "energy": 39.615806, "activity_lines": [ 90.85413, 96.552407, 99.644951, 97.552878 ] }, { "date": "2025-09-12", "close": 92.960007, "volume": 310609, "typical_volume": 1278647.5, "trend": 94.966858, "fair_value": 134.382557, "relative_strength": -14.639628, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.598887, "energy": 41.337886, "activity_lines": [ 91.100669, 94.988546, 99.098002, 97.421839 ] }, { "date": "2025-09-19", "close": 91.82, "volume": 240016, "typical_volume": 1266426.05, "trend": 94.678998, "fair_value": 134.342361, "relative_strength": -15.825128, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.319514, "energy": 33.733991, "activity_lines": [ 91.284848, 93.595282, 98.423258, 97.218815 ] }, { "date": "2025-09-26", "close": 89.779999, "volume": 502688, "typical_volume": 1274828.75, "trend": 94.784316, "fair_value": 134.314202, "relative_strength": -14.833054, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.102962, "energy": 29.898467, "activity_lines": [ 91.000589, 92.195455, 97.528993, 96.902751 ] }, { "date": "2025-10-03", "close": 86.470001, "volume": 393043, "typical_volume": 1243795.75, "trend": 94.52944, "fair_value": 134.242254, "relative_strength": -18.078379, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.825543, "energy": 35.369695, "activity_lines": [ 89.616338, 90.670639, 96.310378, 96.366344 ] }, { "date": "2025-10-10", "close": 83.370003, "volume": 356191, "typical_volume": 923257.15, "trend": 94.547019, "fair_value": 134.194303, "relative_strength": -21.540448, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.141394, "energy": 52.192669, "activity_lines": [ 87.244668, 88.9724, 94.828427, 95.64638 ] }, { "date": "2025-10-17", "close": 81.339996, "volume": 208954, "typical_volume": 873748.95, "trend": 94.498259, "fair_value": 134.120306, "relative_strength": -24.018064, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.310113, "energy": 65.933995, "activity_lines": [ 84.731333, 87.297819, 93.220501, 94.794314 ] }, { "date": "2025-10-24", "close": 84.370003, "volume": 388586, "typical_volume": 856534.75, "trend": 94.608645, "fair_value": 134.068911, "relative_strength": -20.800126, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.155968, "energy": 72.336695, "activity_lines": [ 84.002667, 86.47205, 91.976558, 94.140878 ] }, { "date": "2025-10-31", "close": 81.57, "volume": 538761, "typical_volume": 826385.85, "trend": 94.454252, "fair_value": 133.995117, "relative_strength": -22.440589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.588278, "energy": 73.139683, "activity_lines": [ 82.837334, 85.330343, 90.524748, 93.299675 ] }, { "date": "2025-11-07", "close": 82.610001, "volume": 248786, "typical_volume": 769898.5, "trend": 94.481052, "fair_value": 133.862504, "relative_strength": -20.032239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.388868, "energy": 67.795162, "activity_lines": [ 82.566001, 84.527911, 89.24388, 92.53553 ] }, { "date": "2025-11-14", "close": 78.449997, "volume": 396279, "typical_volume": 302725.05, "trend": 94.226645, "fair_value": 133.58497, "relative_strength": -24.630957, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.720817, "energy": 60.602518, "activity_lines": [ 81.165333, 83.051818, 87.645869, 91.501268 ] }, { "date": "2025-11-21", "close": 75.669998, "volume": 509410, "typical_volume": 309357.45, "trend": 93.784877, "fair_value": 133.204738, "relative_strength": -27.116905, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.637129, "energy": 63.380197, "activity_lines": [ 79.165999, 81.305636, 85.955619, 90.304065 ] }, { "date": "2025-11-28", "close": 75.75, "volume": 311504, "typical_volume": 314306.3, "trend": 93.425851, "fair_value": 132.851087, "relative_strength": -26.740801, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.556119, "energy": 66.109223, "activity_lines": [ 77.571332, 79.888363, 84.454288, 89.140525 ] }, { "date": "2025-12-05", "close": 75.610001, "volume": 352176, "typical_volume": 316192.3, "trend": 93.017303, "fair_value": 132.521015, "relative_strength": -26.123138, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.665952, "energy": 61.737866, "activity_lines": [ 76.504666, 78.737818, 83.111571, 87.991115 ] }, { "date": "2025-12-12", "close": 73.529999, "volume": 301969, "typical_volume": 324520.4, "trend": 92.362659, "fair_value": 132.172524, "relative_strength": -27.014324, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.289648, "energy": 63.776235, "activity_lines": [ 75.141999, 77.466727, 81.76312, 86.73387 ] }, { "date": "2025-12-19", "close": 70.080002, "volume": 979895, "typical_volume": 362091.75, "trend": 91.448149, "fair_value": 131.893152, "relative_strength": -29.407756, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.539262, "energy": 65.267191, "activity_lines": [ 73.234667, 75.803636, 80.249914, 85.296279 ] }, { "date": "2025-12-26", "close": 69.120003, "volume": 397841, "typical_volume": 370883.65, "trend": 90.512936, "fair_value": 131.58442, "relative_strength": -29.803954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.037057, "energy": 67.319334, "activity_lines": [ 71.565335, 74.207637, 78.811429, 83.855753 ] }, { "date": "2026-01-02", "close": 68.739998, "volume": 565138, "typical_volume": 389909.4, "trend": 89.58034, "fair_value": 131.163262, "relative_strength": -30.160411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.379521, "energy": 72.269325, "activity_lines": [ 70.206, 72.764727, 77.472965, 82.451048 ] }, { "date": "2026-01-09", "close": 64.639999, "volume": 540661, "typical_volume": 393179.55, "trend": 88.512739, "fair_value": 130.631264, "relative_strength": -32.000358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.260108, "energy": 78.082085, "activity_lines": [ 67.947333, 70.860545, 75.869042, 80.841993 ] }, { "date": "2026-01-16", "close": 63.310001, "volume": 230163, "typical_volume": 397910.15, "trend": 87.316078, "fair_value": 130.138741, "relative_strength": -32.529752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.052144, "energy": 76.97581, "activity_lines": [ 65.976667, 69.022364, 74.258405, 79.21601 ] }, { "date": "2026-01-23", "close": 61.91, "volume": 587803, "typical_volume": 418023.65, "trend": 85.557081, "fair_value": 129.688106, "relative_strength": -31.442356, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.568209, "energy": 78.557029, "activity_lines": [ 64.220667, 67.280546, 72.628, 77.576909 ] }, { "date": "2026-01-30", "close": 60.049999, "volume": 385819, "typical_volume": 421784.15, "trend": 83.767317, "fair_value": 129.186766, "relative_strength": -33.390692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.394362, "energy": 86.035633, "activity_lines": [ 62.389333, 65.501273, 70.960857, 75.93129 ] }, { "date": "2026-02-06", "close": 70.089996, "volume": 902968, "typical_volume": 454931.75, "trend": 82.375016, "fair_value": 128.739294, "relative_strength": -22.685237, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.335055, "energy": 55.753253, "activity_lines": [ 64.509332, 65.831454, 70.406619, 75.048883 ] }, { "date": "2026-02-13", "close": 60.93, "volume": 1467931, "typical_volume": 503193.9, "trend": 80.539162, "fair_value": 128.315438, "relative_strength": -31.570312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.463344, "energy": 54.212187, "activity_lines": [ 63.485999, 64.59909, 69.083476, 73.665333 ] }, { "date": "2026-02-20", "close": 61.830002, "volume": 659473, "typical_volume": 516515.4, "trend": 79.002439, "fair_value": 127.872874, "relative_strength": -30.066368, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.384479, "energy": 50.807266, "activity_lines": [ 63.01, 63.797272, 67.983428, 72.458291 ] }, { "date": "2026-02-27", "close": 58.299999, "volume": 427098, "typical_volume": 520060.75, "trend": 77.446731, "fair_value": 127.430887, "relative_strength": -32.429639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.736121, "energy": 52.181021, "activity_lines": [ 61.456, 62.566363, 66.664524, 71.122649 ] }, { "date": "2026-03-06", "close": 52.59, "volume": 640914, "typical_volume": 541658.75, "trend": 75.942244, "fair_value": 126.95643, "relative_strength": -36.511717, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.31922, "energy": 67.878932, "activity_lines": [ 58.239333, 60.511454, 64.92119, 69.518989 ] }, { "date": "2026-03-13", "close": 55.27, "volume": 2514504, "typical_volume": 647954.65, "trend": 74.618129, "fair_value": 126.561141, "relative_strength": -29.00297, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.211092, "energy": 64.737082, "activity_lines": [ 56.413333, 59.244363, 63.57, 68.185296 ] }, { "date": "2026-03-20", "close": 53.830002, "volume": 959275, "typical_volume": 668980.35, "trend": 73.418126, "fair_value": 126.139456, "relative_strength": -30.257721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.493581, "energy": 68.048517, "activity_lines": [ 55.095334, 57.960364, 62.220238, 66.844127 ] }, { "date": "2026-03-27", "close": 49.459999, "volume": 1555496, "typical_volume": 734315.85, "trend": 72.161502, "fair_value": 125.703108, "relative_strength": -34.609724, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.220629, "energy": 72.229471, "activity_lines": [ 52.794, 56.078364, 60.586381, 65.298441 ] }, { "date": "2026-04-03", "close": 54.450001, "volume": 754701, "typical_volume": 752236.95, "trend": 70.93, "fair_value": 125.22023, "relative_strength": -27.097099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.614326, "energy": 51.114026, "activity_lines": [ 52.980667, 55.355455, 59.585619, 64.155763 ] }, { "date": "2026-04-10", "close": 61.32, "volume": 837664, "typical_volume": 768649.65, "trend": 69.875333, "fair_value": 124.771535, "relative_strength": -21.993034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.575571, "energy": 39.337363, "activity_lines": [ 55.714, 56.017273, 59.353429, 63.535763 ] }, { "date": "2026-04-17", "close": 61.419998, "volume": 477755, "typical_volume": 776962.2, "trend": 68.862, "fair_value": 124.307905, "relative_strength": -22.341089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.986605, "energy": 26.187011, "activity_lines": [ 57.898666, 56.674182, 59.199095, 62.990258 ] }, { "date": "2026-04-24", "close": 56.939999, "volume": 514977, "typical_volume": 785102.25, "trend": 67.767333, "fair_value": 123.791397, "relative_strength": -26.056607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.457918, "energy": 19.329428, "activity_lines": [ 58.179999, 56.674182, 58.686333, 62.221097 ] }, { "date": "2026-05-01", "close": 64.410004, "volume": 979346, "typical_volume": 818971.1, "trend": 67.032, "fair_value": 123.309104, "relative_strength": -16.268482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.461411, "energy": 17.322543, "activity_lines": [ 60.744001, 58.10491, 58.973905, 62.004495 ] }, { "date": "2026-05-08", "close": 62.860001, "volume": 486969, "typical_volume": 794324.8, "trend": 66.348333, "fair_value": 122.738039, "relative_strength": -18.368108, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.682952, "energy": 12.789629, "activity_lines": [ 61.794668, 59.20691, 59.157286, 61.735333 ] }, { "date": "2026-05-15", "close": 56.060001, "volume": 487516, "typical_volume": 798808.55, "trend": 65.505667, "fair_value": 122.099225, "relative_strength": -24.945686, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.359166, "energy": 13.896043, "activity_lines": [ 60.018001, 58.989637, 58.727429, 61.07157 ] }, { "date": "2026-05-22", "close": 55.450001, "volume": 194165, "typical_volume": 780259.9, "trend": 64.541667, "fair_value": 121.470487, "relative_strength": -25.278247, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.487935, "energy": 16.122882, "activity_lines": [ 58.388668, 58.598364, 58.301667, 60.422817 ] }, { "date": "2026-05-29", "close": 56.310001, "volume": 350684, "typical_volume": 770761.05, "trend": 63.699667, "fair_value": 120.729326, "relative_strength": -22.838558, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.727892, "energy": 22.451389, "activity_lines": [ 57.444001, 58.360183, 58.021096, 59.891742 ] }, { "date": "2026-06-05", "close": 56.040001, "volume": 56512, "typical_volume": 762078.5, "trend": 62.814, "fair_value": 120.017268, "relative_strength": -21.901162, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.844669, "energy": 32.98855, "activity_lines": [ 56.451334, 58.027819, 57.754477, 59.39757 ] }, { "date": "2026-06-12", "close": 54.169998, "volume": 41131, "typical_volume": 734744.9, "trend": 62.004667, "fair_value": 119.215659, "relative_strength": -24.561796, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.136141, "energy": 46.973112, "activity_lines": [ 55.393333, 57.235819, 57.344381, 58.839893 ] }, { "date": "2026-06-19", "close": 56.389999, "volume": 66227, "typical_volume": 718765.3, "trend": 61.362, "fair_value": 118.492812, "relative_strength": -21.955094, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.815142, "energy": 39.344782, "activity_lines": [ 55.654666, 56.852546, 57.182572, 58.477656 ] }, { "date": "2026-06-26", "close": 55.959999, "volume": 0, "typical_volume": 673616.9, "trend": 60.702333, "fair_value": 117.685829, "relative_strength": -21.612789, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.046495, "energy": 34.057012, "activity_lines": [ 55.750666, 56.480727, 56.997238, 58.12914 ] }, { "date": "2026-07-03", "close": 63.130001, "volume": 599721, "typical_volume": 630206.4, "trend": 60.286333, "fair_value": 116.899376, "relative_strength": -11.279078, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.753073, "energy": 5.185648, "activity_lines": [ 58.202666, 57.511818, 57.562048, 58.285764 ] }, { "date": "2026-07-10", "close": 60.759998, "volume": 804175, "typical_volume": 637441.5, "trend": 59.860667, "fair_value": 115.987741, "relative_strength": -13.282021, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.610739, "energy": 12.035578, "activity_lines": [ 59.409999, 57.999454, 57.890667, 58.316323 ] }, { "date": "2026-07-17", "close": 58.610001, "volume": 448669, "typical_volume": 638520.05, "trend": 59.478333, "fair_value": 115.2165, "relative_strength": -15.532769, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.173638, "energy": 14.271204, "activity_lines": [ 59.586, 58.162545, 58.019619, 58.235634 ] }, { "date": "2026-07-24", "close": 55.049999, "volume": 325017, "typical_volume": 622725.2, "trend": 59.009333, "fair_value": 114.405909, "relative_strength": -17.643992, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.477668, "energy": 19.670776, "activity_lines": [ 58.279333, 57.755636, 57.808048, 57.949935 ] }, { "date": "2026-07-31", "close": 54.610001, "volume": 326259, "typical_volume": 513312.95, "trend": 58.538333, "fair_value": 113.554986, "relative_strength": -19.243761, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.859511, "energy": 24.266196, "activity_lines": [ 56.915333, 57.287091, 57.542857, 57.666108 ] }, { "date": "2026-08-07", "close": 54.919998, "volume": 314797, "typical_volume": 481089.05, "trend": 58.214333, "fair_value": 112.78139, "relative_strength": -18.398702, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.280831, "energy": 35.273312, "activity_lines": [ 55.744666, 56.890181, 57.310333, 57.432667 ] } ], "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." } } }