{ "ticker": { "uuid": "fd20802a-abc4-4e50-b1c1-55c04b344e69", "symbol": "GREENPANEL", "name": "Greenpanel Industries 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": -38.562, "architecture_energy": 19.235, "architecture_maturity": 38.656, "architecture_confidence": 88.333, "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": 44.34, "rotation_up": 21.7, "upward_expansion": 12.56, "deceleration": 40.91, "rotation_down": 37.4, "downward_expansion": 62.56 }, "activity_lines": [ 192.938881, 192.865573, 196.1999, 198.220046 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 192.25, "trend_reference": 202.487708, "distance_from_trend": -0.05056, "trend_direction": "Weakening", "fair_value": 297.733824, "distance_from_fair_value": -0.354289, "fair_value_direction": "Weakening", "relative_strength": -15.905564, "relative_strength_direction": "Weakening", "price_momentum": -0.140782, "excess_performance": -0.097073, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.05056, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.079887, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.354289, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.083069, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.159056, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.088258, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.140782, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.213672, "read": "Supply-led" } ], "volume": { "latest": 597543, "relative_activity": 0.752087, "balance": 0.213672, "dry_up": 0.955514, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.073911, "annualized_volatility": 0.400495, "from_high_reference": -0.424056, "from_low_reference": 0.179376 }, "levels": { "trend_reference": 202.487708, "fair_value_reference": 297.733824, "structural_low": 163.009995, "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": 10, "median_return": 0.000691, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.008419, "regime_survival": 0.3, "best_return": 0.124671, "worst_return": -0.124816, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.129824, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.163541, "regime_survival": 0.285714, "best_return": 0.262195, "worst_return": -0.406953, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.149824, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.230227, "regime_survival": 0.2, "best_return": 0.072389, "worst_return": -0.243513, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.103793, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.214825, "regime_survival": 0.0, "best_return": -0.092921, "worst_return": -0.114665, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-19", "end": "2024-08-09", "tenure": "New", "return": 0.141026, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": 0.119955, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-11-22", "tenure": "Developing", "return": -0.16006, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-29", "end": "2024-12-27", "tenure": "Developing", "return": -0.012092, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-03", "end": "2025-01-24", "tenure": "New", "return": -0.100761, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-31", "end": "2025-06-13", "tenure": "Established", "return": -0.222482, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-04", "tenure": "New", "return": 0.099943, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-29", "tenure": "Developing", "return": -0.040957, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-09-19", "tenure": "New", "return": 0.149304, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-11-07", "tenure": "Developing", "return": 0.033514, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2025-11-28", "tenure": "New", "return": -0.083824, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-05", "end": "2025-12-12", "tenure": "New", "return": -0.005265, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-19", "end": "2026-05-01", "tenure": "Established", "return": 0.007615, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": -0.147223, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 331.17865, "volume": 745134, "typical_volume": 2391856.4, "trend": 308.545294, "fair_value": 311.236647, "relative_strength": -7.524513, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.880131, "energy": 20.158843, "activity_lines": [ 333.616721, 336.708858, 331.400667, 320.944102 ] }, { "date": "2023-08-25", "close": 365.460846, "volume": 3603567, "typical_volume": 2546027.3, "trend": 310.407267, "fair_value": 313.26966, "relative_strength": 2.911215, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.472206, "energy": 36.591987, "activity_lines": [ 343.276107, 341.943236, 335.540166, 324.616073 ] }, { "date": "2023-09-01", "close": 379.641418, "volume": 2839397, "typical_volume": 2651069.45, "trend": 313.601379, "fair_value": 315.413187, "relative_strength": 6.625211, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 74.309744, "energy": 54.538624, "activity_lines": [ 356.521267, 349.282761, 340.618164, 329.082793 ] }, { "date": "2023-09-08", "close": 381.58194, "volume": 1506079, "typical_volume": 2223014.3, "trend": 316.891937, "fair_value": 317.576112, "relative_strength": 5.638843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.99378, "energy": 72.780598, "activity_lines": [ 367.733055, 355.860565, 345.374643, 333.468635 ] }, { "date": "2023-09-15", "close": 383.721466, "volume": 2233071, "typical_volume": 2239620.55, "trend": 320.268741, "fair_value": 319.734089, "relative_strength": 4.847039, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.274615, "energy": 77.75773, "activity_lines": [ 376.397312, 361.907331, 349.909114, 337.780218 ] }, { "date": "2023-09-22", "close": 375.014069, "volume": 891187, "typical_volume": 2211997.75, "trend": 323.597445, "fair_value": 321.852698, "relative_strength": 5.771766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.975969, "energy": 73.399609, "activity_lines": [ 378.629714, 365.650822, 353.20062, 341.312175 ] }, { "date": "2023-09-29", "close": 378.098969, "volume": 1836591, "typical_volume": 2092017.6, "trend": 326.745367, "fair_value": 323.953123, "relative_strength": 7.456734, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.13921, "energy": 65.019061, "activity_lines": [ 378.968054, 369.526395, 356.46938, 344.828402 ] }, { "date": "2023-10-06", "close": 372.526245, "volume": 519969, "typical_volume": 2056406.85, "trend": 329.564898, "fair_value": 325.931151, "relative_strength": 6.28941, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.658135, "energy": 46.390971, "activity_lines": [ 376.606279, 371.847757, 358.981605, 347.782007 ] }, { "date": "2023-10-13", "close": 369.043304, "volume": 515345, "typical_volume": 2024012.65, "trend": 332.775845, "fair_value": 327.906782, "relative_strength": 5.141425, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.028337, "energy": 37.721758, "activity_lines": [ 373.557867, 372.934256, 360.935848, 350.329001 ] }, { "date": "2023-10-20", "close": 367.152557, "volume": 1149470, "typical_volume": 1999404.85, "trend": 336.096256, "fair_value": 329.805762, "relative_strength": 5.900063, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.814359, "energy": 28.630056, "activity_lines": [ 370.715116, 373.015675, 362.483273, 352.546853 ] }, { "date": "2023-10-27", "close": 356.206146, "volume": 1231796, "typical_volume": 1992774.75, "trend": 338.94564, "fair_value": 331.625082, "relative_strength": 5.689606, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.272295, "energy": 19.175807, "activity_lines": [ 365.328155, 370.44553, 362.752195, 353.844265 ] }, { "date": "2023-11-03", "close": 335.358215, "volume": 2151843, "typical_volume": 1938909.3, "trend": 340.826433, "fair_value": 333.229466, "relative_strength": -1.114037, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.307715, "energy": 13.134296, "activity_lines": [ 354.245746, 363.629806, 360.904574, 353.612819 ] }, { "date": "2023-11-10", "close": 321.277161, "volume": 1156396, "typical_volume": 1916646.15, "trend": 342.425274, "fair_value": 334.772056, "relative_strength": -5.830715, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.559873, "energy": 30.905913, "activity_lines": [ 341.319035, 354.801211, 357.73533, 352.351575 ] }, { "date": "2023-11-17", "close": 327.695709, "volume": 969797, "typical_volume": 1653276.15, "trend": 343.609476, "fair_value": 336.352944, "relative_strength": -5.233757, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.363325, "energy": 34.261966, "activity_lines": [ 333.948446, 348.200793, 355.163396, 351.401281 ] }, { "date": "2023-11-24", "close": 338.791412, "volume": 1661510, "typical_volume": 1637095.4, "trend": 345.007632, "fair_value": 337.984713, "relative_strength": -2.12686, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.672854, "energy": 40.791556, "activity_lines": [ 333.03293, 344.597526, 353.663833, 351.090438 ] }, { "date": "2023-12-01", "close": 348.692932, "volume": 1436249, "typical_volume": 1614583.8, "trend": 346.34608, "fair_value": 339.628392, "relative_strength": -1.253651, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.079236, "energy": 38.351166, "activity_lines": [ 337.308665, 343.611444, 353.132625, 351.328199 ] }, { "date": "2023-12-08", "close": 338.144531, "volume": 1036228, "typical_volume": 1570874.5, "trend": 346.594862, "fair_value": 341.081402, "relative_strength": -7.165236, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.469149, "energy": 18.938308, "activity_lines": [ 338.569147, 341.186038, 351.609838, 350.799067 ] }, { "date": "2023-12-15", "close": 358.743713, "volume": 1898300, "typical_volume": 1523763.9, "trend": 347.719357, "fair_value": 342.674998, "relative_strength": -3.565735, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 8.828281, "energy": 8.205081, "activity_lines": [ 346.510268, 343.232382, 352.09745, 351.582864 ] }, { "date": "2023-12-22", "close": 367.152557, "volume": 2155328, "typical_volume": 1532203.05, "trend": 349.243562, "fair_value": 344.299722, "relative_strength": -0.812255, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.147342, "energy": 18.876887, "activity_lines": [ 354.756567, 347.058198, 353.293973, 352.836619 ] }, { "date": "2023-12-29", "close": 426.113922, "volume": 7153817, "typical_volume": 1834553.7, "trend": 352.860854, "fair_value": 346.229016, "relative_strength": 12.946772, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.842842, "energy": 55.358468, "activity_lines": [ 380.026198, 361.63864, 359.941668, 357.795997 ] }, { "date": "2024-01-05", "close": 438.05545, "volume": 2375851, "typical_volume": 1916089.55, "trend": 356.506341, "fair_value": 348.093143, "relative_strength": 15.922798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.564657, "energy": 81.376076, "activity_lines": [ 403.454838, 377.318244, 367.272684, 363.292422 ] }, { "date": "2024-01-12", "close": 411.883575, "volume": 872823, "typical_volume": 1779552.35, "trend": 358.921186, "fair_value": 349.603185, "relative_strength": 7.980619, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.574614, "energy": 76.593147, "activity_lines": [ 412.202018, 386.751155, 371.602202, 366.865147 ] }, { "date": "2024-01-19", "close": 393.722473, "volume": 1535497, "typical_volume": 1714357.35, "trend": 361.433886, "fair_value": 351.044891, "relative_strength": 4.465716, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.216717, "energy": 74.187475, "activity_lines": [ 409.979561, 391.490679, 373.981032, 369.110391 ] }, { "date": "2024-01-26", "close": 394.369293, "volume": 1211902, "typical_volume": 1699648.5, "trend": 363.546874, "fair_value": 352.495488, "relative_strength": 5.856388, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.39317, "energy": 58.588321, "activity_lines": [ 405.640794, 395.030618, 376.35441, 371.235256 ] }, { "date": "2024-02-02", "close": 389.194641, "volume": 2192847, "typical_volume": 1697637.3, "trend": 365.049518, "fair_value": 353.7712, "relative_strength": 1.856821, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.32284, "energy": 33.079108, "activity_lines": [ 397.762693, 396.417464, 378.174073, 372.889951 ] }, { "date": "2024-02-09", "close": 382.875183, "volume": 1024121, "typical_volume": 1704284.0, "trend": 366.097706, "fair_value": 355.132301, "relative_strength": 0.339333, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.727576, "energy": 19.391127, "activity_lines": [ 390.239392, 395.738896, 379.36582, 374.039994 ] }, { "date": "2024-02-16", "close": 359.647919, "volume": 992709, "typical_volume": 1662089.9, "trend": 366.474483, "fair_value": 356.329009, "relative_strength": -6.911071, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.589342, "energy": 16.083879, "activity_lines": [ 378.652354, 390.215693, 378.308012, 373.623879 ] }, { "date": "2024-02-23", "close": 379.428558, "volume": 977381, "typical_volume": 1684960.5, "trend": 367.807494, "fair_value": 357.634169, "relative_strength": -2.693388, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.553659, "energy": 19.148124, "activity_lines": [ 377.141239, 387.898, 379.221937, 374.459625 ] }, { "date": "2024-03-01", "close": 374.333557, "volume": 1462335, "typical_volume": 1732310.0, "trend": 369.196234, "fair_value": 358.941465, "relative_strength": -4.608071, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.923419, "energy": 16.836536, "activity_lines": [ 374.884719, 384.277854, 379.617755, 374.880662 ] }, { "date": "2024-03-08", "close": 358.399139, "volume": 649834, "typical_volume": 1707328.2, "trend": 370.116852, "fair_value": 360.104545, "relative_strength": -9.237327, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.562766, "energy": 16.608752, "activity_lines": [ 368.652441, 377.629978, 378.470818, 374.184075 ] }, { "date": "2024-03-15", "close": 318.937775, "volume": 1822786, "typical_volume": 1736877.7, "trend": 369.708822, "fair_value": 361.095016, "relative_strength": -17.373545, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.787142, "energy": 33.765583, "activity_lines": [ 351.319409, 365.038486, 373.607339, 370.882199 ] }, { "date": "2024-03-22", "close": 319.487213, "volume": 1956440, "typical_volume": 1727107.55, "trend": 368.176368, "fair_value": 362.149743, "relative_strength": -17.385571, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.233868, "energy": 55.172927, "activity_lines": [ 338.432017, 354.712669, 368.973656, 367.642095 ] }, { "date": "2024-03-29", "close": 314.442169, "volume": 1239290, "typical_volume": 1731252.25, "trend": 366.00306, "fair_value": 363.101589, "relative_strength": -19.394433, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.036839, "energy": 75.68823, "activity_lines": [ 326.540324, 345.149504, 363.935069, 364.175373 ] }, { "date": "2024-04-05", "close": 330.126831, "volume": 1095317, "typical_volume": 1737528.25, "trend": 364.287889, "fair_value": 363.978416, "relative_strength": -15.966219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.492313, "energy": 73.821021, "activity_lines": [ 324.209277, 339.879556, 360.422807, 361.860777 ] }, { "date": "2024-04-12", "close": 321.235504, "volume": 776651, "typical_volume": 1693285.3, "trend": 362.205024, "fair_value": 364.717584, "relative_strength": -18.154084, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.396385, "energy": 70.977774, "activity_lines": [ 321.86157, 334.161048, 356.052174, 359.083204 ] }, { "date": "2024-04-19", "close": 316.040619, "volume": 950238, "typical_volume": 1668984.75, "trend": 360.239242, "fair_value": 365.410482, "relative_strength": -17.914665, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.060882, "energy": 67.469182, "activity_lines": [ 320.25981, 328.733636, 351.270391, 356.104855 ] }, { "date": "2024-04-26", "close": 316.989685, "volume": 1714579, "typical_volume": 1702902.3, "trend": 358.202266, "fair_value": 365.972178, "relative_strength": -18.463648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.21464, "energy": 54.389399, "activity_lines": [ 319.16755, 324.693955, 346.734482, 353.314561 ] }, { "date": "2024-05-03", "close": 305.201233, "volume": 1362988, "typical_volume": 1676136.7, "trend": 355.958099, "fair_value": 366.462419, "relative_strength": -21.386291, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.303667, "energy": 63.390085, "activity_lines": [ 314.312307, 319.286524, 341.1766, 349.89514 ] }, { "date": "2024-05-10", "close": 292.763397, "volume": 1961682, "typical_volume": 1666454.4, "trend": 353.415436, "fair_value": 366.819471, "relative_strength": -22.740498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.927483, "energy": 72.573155, "activity_lines": [ 305.927181, 312.967256, 334.689127, 345.818062 ] }, { "date": "2024-05-17", "close": 297.009216, "volume": 700501, "typical_volume": 1343788.6, "trend": 351.077324, "fair_value": 367.10125, "relative_strength": -22.652408, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.070454, "energy": 75.195097, "activity_lines": [ 301.448224, 308.903048, 328.960252, 342.178951 ] }, { "date": "2024-05-24", "close": 306.30014, "volume": 605045, "typical_volume": 1255248.3, "trend": 349.413791, "fair_value": 367.395137, "relative_strength": -21.583086, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.765144, "energy": 71.084234, "activity_lines": [ 301.681327, 307.64428, 324.731011, 339.290101 ] }, { "date": "2024-05-31", "close": 295.260956, "volume": 878921, "typical_volume": 1255553.2, "trend": 348.077215, "fair_value": 367.709046, "relative_strength": -22.626176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.062681, "energy": 71.43812, "activity_lines": [ 298.884068, 304.608163, 320.077825, 335.796369 ] }, { "date": "2024-06-07", "close": 296.659607, "volume": 1988916, "typical_volume": 1278224.15, "trend": 347.25663, "fair_value": 368.079685, "relative_strength": -24.367936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.365003, "energy": 52.658673, "activity_lines": [ 298.001607, 302.266823, 316.11319, 332.479104 ] }, { "date": "2024-06-14", "close": 320.735992, "volume": 1480983, "typical_volume": 1291678.2, "trend": 347.02464, "fair_value": 368.721069, "relative_strength": -18.434896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.317666, "energy": 37.969622, "activity_lines": [ 305.71405, 304.626328, 314.903748, 330.768095 ] }, { "date": "2024-06-21", "close": 312.14444, "volume": 1189952, "typical_volume": 1241533.45, "trend": 346.136407, "fair_value": 369.284604, "relative_strength": -20.395016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.227141, "energy": 32.370365, "activity_lines": [ 308.697803, 305.594474, 313.226698, 328.51776 ] }, { "date": "2024-06-28", "close": 326.380493, "volume": 1794771, "typical_volume": 1280065.95, "trend": 345.392659, "fair_value": 369.796099, "relative_strength": -18.186021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.191734, "energy": 22.467385, "activity_lines": [ 315.417891, 309.316286, 313.272368, 327.243185 ] }, { "date": "2024-07-05", "close": 330.876099, "volume": 1371070, "typical_volume": 1298984.0, "trend": 345.150378, "fair_value": 370.390188, "relative_strength": -17.727527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.859088, "energy": 22.798478, "activity_lines": [ 322.297825, 313.667483, 314.015213, 326.306633 ] }, { "date": "2024-07-12", "close": 316.739929, "volume": 953683, "typical_volume": 1297799.1, "trend": 343.750252, "fair_value": 370.858864, "relative_strength": -21.354989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.889748, "energy": 17.25827, "activity_lines": [ 322.091359, 315.195987, 313.548766, 324.4737 ] }, { "date": "2024-07-19", "close": 319.487213, "volume": 639316, "typical_volume": 1256648.15, "trend": 342.161407, "fair_value": 371.417906, "relative_strength": -20.335378, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.372631, "energy": 15.583293, "activity_lines": [ 321.461967, 317.014202, 313.642481, 322.908343 ] }, { "date": "2024-07-26", "close": 319.587128, "volume": 550249, "typical_volume": 1251668.9, "trend": 338.610514, "fair_value": 371.868456, "relative_strength": -20.875384, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.085938, "energy": 11.694977, "activity_lines": [ 320.949131, 318.364697, 314.006885, 321.451938 ] }, { "date": "2024-08-02", "close": 354.852631, "volume": 5450444, "typical_volume": 1433051.8, "trend": 335.837087, "fair_value": 372.577332, "relative_strength": -11.446255, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 15.475688, "energy": 18.226162, "activity_lines": [ 331.695284, 325.716593, 317.914728, 322.499816 ] }, { "date": "2024-08-09", "close": 364.543121, "volume": 2067777, "typical_volume": 1438618.65, "trend": 334.259072, "fair_value": 373.350857, "relative_strength": -7.493925, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.074149, "energy": 48.899225, "activity_lines": [ 343.773458, 333.947625, 322.574452, 324.351819 ] }, { "date": "2024-08-16", "close": 352.704712, "volume": 513771, "typical_volume": 1402342.7, "trend": 332.891813, "fair_value": 374.061148, "relative_strength": -10.836735, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.623392, "energy": 53.782032, "activity_lines": [ 349.661027, 338.766542, 325.892156, 325.54186 ] }, { "date": "2024-08-23", "close": 381.826233, "volume": 1316685, "typical_volume": 1413411.1, "trend": 332.473711, "fair_value": 374.923319, "relative_strength": -4.161206, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.136383, "energy": 69.716151, "activity_lines": [ 362.858118, 347.86128, 331.801135, 328.698919 ] }, { "date": "2024-08-30", "close": 395.013306, "volume": 1797675, "typical_volume": 1464462.3, "trend": 332.667667, "fair_value": 375.818462, "relative_strength": -2.017267, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.578486, "energy": 84.352519, "activity_lines": [ 376.294965, 358.242936, 338.719839, 332.733732 ] }, { "date": "2024-09-06", "close": 396.961395, "volume": 1436734, "typical_volume": 1488787.1, "trend": 333.137207, "fair_value": 376.503082, "relative_strength": 0.382695, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.791575, "energy": 86.50114, "activity_lines": [ 385.352763, 367.472083, 345.472752, 336.881714 ] }, { "date": "2024-09-13", "close": 385.322815, "volume": 1784008, "typical_volume": 1492258.55, "trend": 333.993037, "fair_value": 377.019146, "relative_strength": -4.057104, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.467809, "energy": 81.193192, "activity_lines": [ 387.723783, 373.301835, 350.731892, 340.248528 ] }, { "date": "2024-09-20", "close": 382.525513, "volume": 901100, "typical_volume": 1469164.15, "trend": 334.096269, "fair_value": 377.474258, "relative_strength": -5.874696, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.949214, "energy": 71.173684, "activity_lines": [ 387.777057, 377.633047, 355.399226, 343.379655 ] }, { "date": "2024-09-27", "close": 382.5755, "volume": 1005902, "typical_volume": 1421375.15, "trend": 334.371, "fair_value": 377.869905, "relative_strength": -6.729529, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.723774, "energy": 51.496603, "activity_lines": [ 385.85894, 380.777246, 359.70311, 346.507348 ] }, { "date": "2024-10-04", "close": 388.719482, "volume": 902785, "typical_volume": 1431489.35, "trend": 335.381678, "fair_value": 378.235028, "relative_strength": -0.403028, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.896173, "energy": 45.96268, "activity_lines": [ 385.938865, 383.891472, 364.164459, 350.013701 ] }, { "date": "2024-10-11", "close": 398.509888, "volume": 2331535, "typical_volume": 1517813.85, "trend": 338.034082, "fair_value": 378.582246, "relative_strength": 2.65573, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.682701, "energy": 45.350466, "activity_lines": [ 389.701847, 387.528821, 369.121512, 354.086489 ] }, { "date": "2024-10-18", "close": 403.255219, "volume": 1851254, "typical_volume": 1566430.5, "trend": 340.826349, "fair_value": 379.148415, "relative_strength": 4.67038, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.137446, "energy": 45.767662, "activity_lines": [ 394.943374, 391.235188, 374.091406, 358.294304 ] }, { "date": "2024-10-25", "close": 369.488281, "volume": 1187285, "typical_volume": 1526348.95, "trend": 342.661219, "fair_value": 379.077097, "relative_strength": -1.003901, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.410864, "energy": 31.67209, "activity_lines": [ 387.733761, 388.098257, 375.331144, 360.143461 ] }, { "date": "2024-11-01", "close": 385.272827, "volume": 702324, "typical_volume": 1487416.0, "trend": 344.499419, "fair_value": 379.019023, "relative_strength": 2.903916, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.819526, "energy": 29.083749, "activity_lines": [ 386.654812, 387.526086, 377.727369, 362.892597 ] }, { "date": "2024-11-08", "close": 371.835999, "volume": 428767, "typical_volume": 1449356.75, "trend": 346.186102, "fair_value": 378.877029, "relative_strength": 0.099809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.201926, "energy": 21.228976, "activity_lines": [ 380.917098, 384.448191, 378.536577, 364.656247 ] }, { "date": "2024-11-15", "close": 341.615601, "volume": 551669, "typical_volume": 1387201.65, "trend": 347.038602, "fair_value": 378.744081, "relative_strength": -5.382994, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 8.808476, "energy": 14.916569, "activity_lines": [ 366.231484, 376.297084, 376.183407, 364.361376 ] }, { "date": "2024-11-22", "close": 333.423584, "volume": 266618, "typical_volume": 1331979.05, "trend": 347.586398, "fair_value": 378.517814, "relative_strength": -8.736255, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -8.415035, "energy": 21.554101, "activity_lines": [ 352.60815, 367.662806, 372.977496, 363.482988 ] }, { "date": "2024-11-29", "close": 347.010315, "volume": 372925, "typical_volume": 1302941.15, "trend": 348.980034, "fair_value": 378.279631, "relative_strength": -5.562821, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.832677, "energy": 28.462293, "activity_lines": [ 348.169169, 362.442465, 371.053429, 363.445822 ] }, { "date": "2024-12-06", "close": 352.804626, "volume": 1157501, "typical_volume": 1328850.4, "trend": 350.981409, "fair_value": 378.077642, "relative_strength": -5.895591, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.744056, "energy": 32.472426, "activity_lines": [ 347.160156, 358.921366, 369.537057, 363.692569 ] }, { "date": "2024-12-13", "close": 394.613678, "volume": 3047941, "typical_volume": 1453735.0, "trend": 354.234891, "fair_value": 378.089884, "relative_strength": 4.976258, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.169881, "energy": 15.76092, "activity_lines": [ 362.252041, 363.543202, 371.843844, 366.507554 ] }, { "date": "2024-12-20", "close": 363.244415, "volume": 543328, "typical_volume": 1208379.2, "trend": 356.133033, "fair_value": 377.855489, "relative_strength": 1.700352, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.612416, "energy": 12.069361, "activity_lines": [ 365.368992, 362.354368, 370.805813, 367.088814 ] }, { "date": "2024-12-27", "close": 342.814392, "volume": 284419, "typical_volume": 1119211.3, "trend": 357.718148, "fair_value": 377.397133, "relative_strength": -4.296571, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.796503, "energy": 7.838847, "activity_lines": [ 360.234015, 358.092175, 367.782105, 366.229547 ] }, { "date": "2025-01-03", "close": 367.340393, "volume": 687237, "typical_volume": 1127884.6, "trend": 360.074174, "fair_value": 376.956811, "relative_strength": 2.370782, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.79417, "energy": 8.200655, "activity_lines": [ 362.648317, 359.388179, 367.197677, 366.850337 ] }, { "date": "2025-01-10", "close": 349.5578, "volume": 297760, "typical_volume": 1076938.35, "trend": 361.034901, "fair_value": 376.339549, "relative_strength": 0.300808, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.76474, "energy": 10.42887, "activity_lines": [ 357.77975, 357.490036, 364.849975, 366.171861 ] }, { "date": "2025-01-17", "close": 342.614624, "volume": 398412, "typical_volume": 1006975.2, "trend": 362.050574, "fair_value": 375.543024, "relative_strength": -0.280226, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.353319, "energy": 27.550636, "activity_lines": [ 350.813247, 354.978862, 361.994677, 364.983456 ] }, { "date": "2025-01-24", "close": 330.32663, "volume": 215223, "typical_volume": 945899.65, "trend": 362.182112, "fair_value": 374.450096, "relative_strength": -2.869203, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.940843, "energy": 38.864747, "activity_lines": [ 343.217348, 350.764805, 358.218612, 362.93675 ] }, { "date": "2025-01-31", "close": 348.15918, "volume": 389931, "typical_volume": 876195.8, "trend": 362.758214, "fair_value": 373.414359, "relative_strength": 0.957251, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.333209, "energy": 46.068844, "activity_lines": [ 343.760152, 349.998284, 356.458193, 362.032045 ] }, { "date": "2025-02-07", "close": 351.85556, "volume": 1433774, "typical_volume": 902829.5, "trend": 363.928735, "fair_value": 372.571403, "relative_strength": 2.159792, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.823745, "energy": 37.315406, "activity_lines": [ 345.178764, 349.635913, 355.22678, 361.328648 ] }, { "date": "2025-02-14", "close": 320.386383, "volume": 469822, "typical_volume": 876025.5, "trend": 363.958708, "fair_value": 371.638071, "relative_strength": -4.12272, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.754795, "energy": 44.371093, "activity_lines": [ 337.139972, 343.463777, 351.14435, 358.519464 ] }, { "date": "2025-02-21", "close": 304.25, "volume": 543884, "typical_volume": 858080.45, "trend": 363.44747, "fair_value": 370.601301, "relative_strength": -7.965423, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.987056, "energy": 50.184491, "activity_lines": [ 325.667147, 334.947176, 345.82126, 354.667289 ] }, { "date": "2025-02-28", "close": 268.950012, "volume": 468980, "typical_volume": 764952.7, "trend": 360.584049, "fair_value": 369.328732, "relative_strength": -15.660834, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.400971, "energy": 73.090174, "activity_lines": [ 304.985301, 321.655371, 337.538502, 348.570679 ] }, { "date": "2025-03-07", "close": 264.399994, "volume": 1781399, "typical_volume": 761459.95, "trend": 357.245945, "fair_value": 367.812228, "relative_strength": -18.200995, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.454727, "energy": 79.419732, "activity_lines": [ 286.878556, 309.250734, 329.439361, 342.365256 ] }, { "date": "2025-03-14", "close": 228.300003, "volume": 569976, "typical_volume": 730594.5, "trend": 353.099122, "fair_value": 365.706788, "relative_strength": -28.468103, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.206009, "energy": 90.550991, "activity_lines": [ 262.322427, 291.708179, 318.563341, 334.046163 ] }, { "date": "2025-03-21", "close": 231.800003, "volume": 900729, "typical_volume": 740514.75, "trend": 348.098247, "fair_value": 363.764955, "relative_strength": -29.907636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.697176, "energy": 91.593053, "activity_lines": [ 247.170002, 277.329994, 308.692979, 326.220413 ] }, { "date": "2025-03-28", "close": 226.899994, "volume": 1081750, "typical_volume": 773163.9, "trend": 342.49447, "fair_value": 361.552833, "relative_strength": -31.469371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.027193, "energy": 90.2084, "activity_lines": [ 236.289999, 264.20195, 299.086773, 318.401171 ] }, { "date": "2025-04-04", "close": 217.850006, "volume": 536061, "typical_volume": 772383.5, "trend": 336.524091, "fair_value": 359.242726, "relative_strength": -31.957432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.692922, "energy": 90.438839, "activity_lines": [ 227.550001, 251.532355, 289.308834, 310.359593 ] }, { "date": "2025-04-11", "close": 227.649994, "volume": 1068647, "typical_volume": 812484.95, "trend": 331.26833, "fair_value": 357.128044, "relative_strength": -28.236325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.245406, "energy": 81.350111, "activity_lines": [ 225.483332, 242.689606, 281.053588, 303.335458 ] }, { "date": "2025-04-18", "close": 234.729996, "volume": 258966, "typical_volume": 806787.0, "trend": 326.341813, "fair_value": 354.864282, "relative_strength": -28.741675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.047837, "energy": 63.439482, "activity_lines": [ 228.226664, 237.325206, 273.976311, 297.107178 ] }, { "date": "2025-04-25", "close": 233.559998, "volume": 564518, "typical_volume": 777137.85, "trend": 321.374629, "fair_value": 352.52069, "relative_strength": -29.214513, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.411069, "energy": 58.116276, "activity_lines": [ 230.151331, 233.877635, 267.322275, 291.121255 ] }, { "date": "2025-05-02", "close": 230.009995, "volume": 584027, "typical_volume": 653942.15, "trend": 316.084313, "fair_value": 350.372599, "relative_strength": -30.769649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.753831, "energy": 54.639335, "activity_lines": [ 230.77533, 231.363271, 260.897974, 285.226762 ] }, { "date": "2025-05-09", "close": 219.970001, "volume": 435550, "typical_volume": 648553.25, "trend": 310.132983, "fair_value": 348.69374, "relative_strength": -32.466196, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.046261, "energy": 56.67528, "activity_lines": [ 227.845331, 228.373271, 254.30131, 279.025839 ] }, { "date": "2025-05-16", "close": 253.380005, "volume": 935791, "typical_volume": 681121.85, "trend": 305.137143, "fair_value": 347.164014, "relative_strength": -25.026023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.781861, "energy": 43.001665, "activity_lines": [ 235.910667, 232.348363, 251.568811, 275.364356 ] }, { "date": "2025-05-23", "close": 255.839996, "volume": 1727914, "typical_volume": 733155.7, "trend": 301.348867, "fair_value": 345.82993, "relative_strength": -23.45834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.673208, "energy": 33.783284, "activity_lines": [ 243.080666, 236.97109, 249.496474, 272.183895 ] }, { "date": "2025-05-30", "close": 255.139999, "volume": 4563436, "typical_volume": 946439.5, "trend": 297.011106, "fair_value": 344.288645, "relative_strength": -23.044081, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.873791, "energy": 24.730633, "activity_lines": [ 248.609999, 240.965817, 247.888426, 269.202678 ] }, { "date": "2025-06-06", "close": 272.149994, "volume": 1806131, "typical_volume": 1016825.45, "trend": 293.688239, "fair_value": 343.017872, "relative_strength": -18.525242, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.418792, "energy": 26.007353, "activity_lines": [ 258.370664, 247.628907, 248.349985, 267.598735 ] }, { "date": "2025-06-13", "close": 270.700012, "volume": 1199591, "typical_volume": 1066043.85, "trend": 291.324386, "fair_value": 341.974144, "relative_strength": -17.704878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.05384, "energy": 21.278569, "activity_lines": [ 264.838669, 253.205637, 249.008997, 266.115624 ] }, { "date": "2025-06-20", "close": 264.149994, "volume": 572162, "typical_volume": 1075155.4, "trend": 289.015266, "fair_value": 340.939187, "relative_strength": -20.638497, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.106724, "energy": 20.632013, "activity_lines": [ 265.741333, 256.630545, 249.328134, 264.362437 ] }, { "date": "2025-06-27", "close": 267.200012, "volume": 423008, "typical_volume": 1024617.1, "trend": 286.354923, "fair_value": 339.857162, "relative_strength": -21.003837, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.534137, "energy": 19.489273, "activity_lines": [ 266.942671, 259.946366, 250.337793, 262.955001 ] }, { "date": "2025-07-04", "close": 290.549988, "volume": 1130323, "typical_volume": 1057642.15, "trend": 284.279768, "fair_value": 338.874376, "relative_strength": -13.226892, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 18.018269, "energy": 32.032384, "activity_lines": [ 275.169999, 266.917272, 253.97438, 263.225651 ] }, { "date": "2025-07-11", "close": 282.0, "volume": 549952, "typical_volume": 1057945.55, "trend": 280.525979, "fair_value": 337.690219, "relative_strength": -14.524139, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 9.285091, "energy": 33.329166, "activity_lines": [ 278.186666, 271.297454, 256.938761, 263.078569 ] }, { "date": "2025-07-18", "close": 289.799988, "volume": 1001361, "typical_volume": 1084564.6, "trend": 278.077832, "fair_value": 336.291488, "relative_strength": -11.337366, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.365827, "energy": 46.237046, "activity_lines": [ 283.146661, 276.150543, 260.751951, 263.676892 ] }, { "date": "2025-07-25", "close": 320.5, "volume": 5544063, "typical_volume": 1272697.8, "trend": 277.334018, "fair_value": 335.553984, "relative_strength": -1.431273, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 57.977911, "energy": 68.330859, "activity_lines": [ 297.066663, 285.315816, 267.389665, 266.413806 ] }, { "date": "2025-08-01", "close": 280.399994, "volume": 2925062, "typical_volume": 1390452.1, "trend": 274.436005, "fair_value": 334.539443, "relative_strength": -12.431868, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.848087, "energy": 38.307806, "activity_lines": [ 293.863328, 285.969815, 269.941188, 266.611611 ] }, { "date": "2025-08-08", "close": 269.850006, "volume": 1773046, "typical_volume": 1434067.95, "trend": 271.779079, "fair_value": 333.456323, "relative_strength": -14.537978, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.100303, "energy": 27.879318, "activity_lines": [ 286.263332, 284.259089, 271.239856, 266.31574 ] }, { "date": "2025-08-15", "close": 273.149994, "volume": 322066, "typical_volume": 1396083.75, "trend": 269.463591, "fair_value": 332.322343, "relative_strength": -14.015311, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.231238, "energy": 17.571494, "activity_lines": [ 281.143331, 282.880907, 272.671617, 266.404186 ] }, { "date": "2025-08-22", "close": 264.399994, "volume": 292320, "typical_volume": 1383896.7, "trend": 267.266036, "fair_value": 331.219514, "relative_strength": -16.980806, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 1.367051, "energy": 13.300079, "activity_lines": [ 273.696663, 279.893633, 273.049807, 266.077503 ] }, { "date": "2025-08-29", "close": 270.450012, "volume": 224408, "typical_volume": 1341684.75, "trend": 264.675731, "fair_value": 330.096779, "relative_strength": -12.941304, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 25.8099, "energy": 22.782446, "activity_lines": [ 269.960002, 278.120908, 273.782523, 266.28292 ] }, { "date": "2025-09-05", "close": 265.899994, "volume": 390227, "typical_volume": 1348247.8, "trend": 261.810545, "fair_value": 329.034971, "relative_strength": -14.819731, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.277217, "energy": 19.078476, "activity_lines": [ 268.043333, 275.406362, 273.878094, 266.361905 ] }, { "date": "2025-09-12", "close": 313.399994, "volume": 27010184, "typical_volume": 2670531.1, "trend": 261.577666, "fair_value": 328.324284, "relative_strength": -0.68306, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.631787, "energy": 29.495757, "activity_lines": [ 282.926664, 281.351816, 278.349046, 269.690257 ] }, { "date": "2025-09-19", "close": 305.600006, "volume": 1515656, "typical_volume": 2717112.55, "trend": 261.622666, "fair_value": 327.56677, "relative_strength": -3.561341, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.330896, "energy": 45.281809, "activity_lines": [ 292.306667, 285.463636, 281.696951, 272.530408 ] }, { "date": "2025-09-26", "close": 276.0, "volume": 607742, "typical_volume": 2725722.15, "trend": 261.857666, "fair_value": 326.634105, "relative_strength": -10.054337, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.631522, "energy": 34.530115, "activity_lines": [ 289.656667, 283.764545, 281.865856, 273.457977 ] }, { "date": "2025-10-03", "close": 299.049988, "volume": 12859252, "typical_volume": 3321895.2, "trend": 263.012665, "fair_value": 325.962449, "relative_strength": -2.951513, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.362575, "energy": 46.922469, "activity_lines": [ 293.916663, 286.50727, 283.963188, 275.857482 ] }, { "date": "2025-10-10", "close": 309.799988, "volume": 1467103, "typical_volume": 3308854.65, "trend": 265.729332, "fair_value": 325.5345, "relative_strength": -0.443952, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.718225, "energy": 47.301879, "activity_lines": [ 299.853327, 291.594541, 286.866854, 278.876019 ] }, { "date": "2025-10-17", "close": 310.200012, "volume": 885011, "typical_volume": 3124933.4, "trend": 268.342665, "fair_value": 325.227445, "relative_strength": -1.31992, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.622538, "energy": 36.937646, "activity_lines": [ 302.996665, 296.219998, 289.551665, 281.745095 ] }, { "date": "2025-10-24", "close": 297.450012, "volume": 471394, "typical_volume": 3058196.55, "trend": 270.694332, "fair_value": 324.728578, "relative_strength": -5.129417, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.203481, "energy": 39.238074, "activity_lines": [ 302.103337, 297.793637, 290.76, 283.622989 ] }, { "date": "2025-10-31", "close": 284.899994, "volume": 2910771, "typical_volume": 3143755.55, "trend": 272.929332, "fair_value": 324.172103, "relative_strength": -8.180315, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.248317, "energy": 30.392411, "activity_lines": [ 297.570001, 296.643636, 290.652618, 284.539483 ] }, { "date": "2025-11-07", "close": 285.25, "volume": 878710, "typical_volume": 3159082.95, "trend": 274.849332, "fair_value": 323.614065, "relative_strength": -6.612241, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.63505, "energy": 17.468044, "activity_lines": [ 292.560002, 295.184545, 290.510952, 285.334365 ] }, { "date": "2025-11-14", "close": 272.0, "volume": 1167266, "typical_volume": 3196295.85, "trend": 276.091666, "fair_value": 323.174122, "relative_strength": -11.817121, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.724507, "energy": 13.210854, "activity_lines": [ 284.053335, 291.047273, 289.006904, 285.150537 ] }, { "date": "2025-11-21", "close": 263.75, "volume": 468608, "typical_volume": 3163210.1, "trend": 277.097999, "fair_value": 322.602303, "relative_strength": -14.481439, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.758494, "energy": 22.71436, "activity_lines": [ 275.316667, 285.299091, 286.694285, 284.3543 ] }, { "date": "2025-11-28", "close": 249.199997, "volume": 572041, "typical_volume": 3164314.55, "trend": 277.737666, "fair_value": 321.735453, "relative_strength": -18.973439, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.74167, "energy": 39.539399, "activity_lines": [ 264.826665, 277.808181, 283.123571, 282.554429 ] }, { "date": "2025-12-05", "close": 239.309998, "volume": 455027, "typical_volume": 3136997.85, "trend": 278.382332, "fair_value": 321.034566, "relative_strength": -21.476543, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.106871, "energy": 60.57023, "activity_lines": [ 254.256665, 269.544545, 278.767142, 280.075225 ] }, { "date": "2025-12-12", "close": 238.050003, "volume": 961375, "typical_volume": 2907863.45, "trend": 277.871332, "fair_value": 320.404277, "relative_strength": -20.580191, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.566381, "energy": 78.820903, "activity_lines": [ 246.306, 261.718909, 274.531143, 277.473139 ] }, { "date": "2025-12-19", "close": 227.179993, "volume": 556920, "typical_volume": 2789456.35, "trend": 276.915999, "fair_value": 319.90036, "relative_strength": -23.11708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.167581, "energy": 83.054708, "activity_lines": [ 237.878664, 253.025999, 269.652523, 274.20273 ] }, { "date": "2025-12-26", "close": 234.979996, "volume": 1060196, "typical_volume": 2753813.85, "trend": 276.243999, "fair_value": 319.266254, "relative_strength": -19.982613, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.462831, "energy": 80.032367, "activity_lines": [ 235.03933, 247.253453, 265.770189, 271.497181 ] }, { "date": "2026-01-02", "close": 230.800003, "volume": 920858, "typical_volume": 2783753.45, "trend": 274.865666, "fair_value": 318.702743, "relative_strength": -21.384124, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.391767, "energy": 83.119125, "activity_lines": [ 232.724665, 242.088544, 261.655809, 268.565311 ] }, { "date": "2026-01-09", "close": 221.910004, "volume": 578747, "typical_volume": 2798074.8, "trend": 273.239332, "fair_value": 318.057819, "relative_strength": -21.66509, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.839304, "energy": 84.5716, "activity_lines": [ 228.673334, 236.519091, 256.896428, 265.148816 ] }, { "date": "2026-01-16", "close": 219.279999, "volume": 537801, "typical_volume": 2813744.45, "trend": 271.743666, "fair_value": 317.412214, "relative_strength": -21.776881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.840611, "energy": 84.724722, "activity_lines": [ 224.905334, 231.616727, 252.088904, 261.667569 ] }, { "date": "2026-01-23", "close": 210.149994, "volume": 540543, "typical_volume": 2821260.25, "trend": 269.841998, "fair_value": 316.774704, "relative_strength": -22.291129, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.082931, "energy": 87.619319, "activity_lines": [ 219.345332, 226.253817, 246.655523, 257.693784 ] }, { "date": "2026-01-30", "close": 229.089996, "volume": 1843458, "typical_volume": 1562923.95, "trend": 267.793332, "fair_value": 316.423883, "relative_strength": -15.328439, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.31899, "energy": 59.060303, "activity_lines": [ 221.233998, 225.459089, 243.291427, 255.064622 ] }, { "date": "2026-02-06", "close": 223.75, "volume": 459240, "typical_volume": 1510103.15, "trend": 265.851665, "fair_value": 316.044939, "relative_strength": -17.579254, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.592115, "energy": 54.13474, "activity_lines": [ 221.735331, 224.323635, 239.820237, 252.223117 ] }, { "date": "2026-02-13", "close": 219.149994, "volume": 1297753, "typical_volume": 1544603.7, "trend": 263.496666, "fair_value": 315.639379, "relative_strength": -17.764615, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.279936, "energy": 52.037621, "activity_lines": [ 221.17333, 222.814543, 236.300713, 249.210106 ] }, { "date": "2026-02-20", "close": 214.929993, "volume": 529195, "typical_volume": 928100.85, "trend": 259.977665, "fair_value": 315.253335, "relative_strength": -18.927659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.403841, "energy": 49.968674, "activity_lines": [ 219.388662, 220.904724, 232.649998, 246.076772 ] }, { "date": "2026-02-27", "close": 205.729996, "volume": 423261, "typical_volume": 875908.75, "trend": 257.488665, "fair_value": 314.753775, "relative_strength": -20.600968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.189946, "energy": 56.716593, "activity_lines": [ 214.827329, 217.742542, 228.523664, 242.576923 ] }, { "date": "2026-03-06", "close": 201.149994, "volume": 262995, "typical_volume": 844807.95, "trend": 255.198665, "fair_value": 314.197427, "relative_strength": -19.530638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.34233, "energy": 66.015348, "activity_lines": [ 209.033995, 214.137632, 224.456711, 238.94217 ] }, { "date": "2026-03-13", "close": 200.160004, "volume": 819149, "typical_volume": 862195.7, "trend": 252.765665, "fair_value": 313.732331, "relative_strength": -15.185712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.526244, "energy": 69.969498, "activity_lines": [ 204.773331, 210.967815, 220.81476, 235.391288 ] }, { "date": "2026-03-20", "close": 194.070007, "volume": 387402, "typical_volume": 736027.25, "trend": 250.421332, "fair_value": 313.261368, "relative_strength": -17.397456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.572413, "energy": 76.888625, "activity_lines": [ 200.055335, 207.247817, 217.056094, 231.604472 ] }, { "date": "2026-03-27", "close": 170.589996, "volume": 1047935, "typical_volume": 744488.5, "trend": 247.092665, "fair_value": 312.61948, "relative_strength": -26.149537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.091242, "energy": 88.455564, "activity_lines": [ 189.182667, 199.764908, 211.49376, 226.454063 ] }, { "date": "2026-04-03", "close": 181.910004, "volume": 555281, "typical_volume": 713889.25, "trend": 244.292999, "fair_value": 311.997528, "relative_strength": -20.653265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.822539, "energy": 74.928983, "activity_lines": [ 185.039335, 195.225454, 207.555523, 222.24873 ] }, { "date": "2026-04-10", "close": 209.0, "volume": 654451, "typical_volume": 723181.4, "trend": 240.812999, "fair_value": 311.585272, "relative_strength": -13.695897, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.361738, "energy": 53.113071, "activity_lines": [ 191.514001, 196.124909, 206.626285, 219.971762 ] }, { "date": "2026-04-17", "close": 214.580002, "volume": 879320, "typical_volume": 738545.35, "trend": 237.778999, "fair_value": 311.087903, "relative_strength": -12.321446, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.53599, "energy": 36.654461, "activity_lines": [ 199.325335, 198.404182, 206.48919, 218.279311 ] }, { "date": "2026-04-24", "close": 208.869995, "volume": 916848, "typical_volume": 761636.4, "trend": 235.541332, "fair_value": 310.523949, "relative_strength": -12.864835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.342677, "energy": 20.689964, "activity_lines": [ 204.271999, 199.812, 205.973142, 216.414214 ] }, { "date": "2026-05-01", "close": 228.910004, "volume": 2335680, "typical_volume": 830351.65, "trend": 233.203333, "fair_value": 310.013504, "relative_strength": -4.917714, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.39241, "energy": 20.311165, "activity_lines": [ 214.912001, 205.050364, 207.510618, 215.986386 ] }, { "date": "2026-05-08", "close": 225.440002, "volume": 988306, "typical_volume": 851920.95, "trend": 230.391333, "fair_value": 309.338882, "relative_strength": -7.079763, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.305278, "energy": 19.667543, "activity_lines": [ 220.507334, 209.403637, 208.761143, 215.485526 ] }, { "date": "2026-05-15", "close": 202.669998, "volume": 515975, "typical_volume": 824709.9, "trend": 226.806999, "fair_value": 308.554658, "relative_strength": -14.327693, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.196473, "energy": 18.196957, "activity_lines": [ 215.610667, 209.258546, 207.851381, 213.697053 ] }, { "date": "2026-05-22", "close": 194.619995, "volume": 2603940, "typical_volume": 908864.0, "trend": 223.379332, "fair_value": 307.741796, "relative_strength": -17.662906, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.205213, "energy": 15.521124, "activity_lines": [ 208.452665, 207.622181, 206.328809, 211.620472 ] }, { "date": "2026-05-29", "close": 185.570007, "volume": 802299, "typical_volume": 920041.6, "trend": 220.068332, "fair_value": 306.895481, "relative_strength": -20.547451, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.968387, "energy": 30.63467, "activity_lines": [ 199.608668, 204.441092, 204.116619, 209.181161 ] }, { "date": "2026-06-05", "close": 201.910004, "volume": 284543, "typical_volume": 907378.7, "trend": 217.290333, "fair_value": 306.082784, "relative_strength": -12.500944, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.284183, "energy": 30.270561, "activity_lines": [ 197.764669, 204.385456, 203.633667, 208.009656 ] }, { "date": "2026-06-12", "close": 193.690002, "volume": 120418, "typical_volume": 886372.45, "trend": 214.679999, "fair_value": 305.1485, "relative_strength": -16.526126, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.583856, "energy": 42.801932, "activity_lines": [ 194.980669, 202.26582, 202.450572, 206.487054 ] }, { "date": "2026-06-19", "close": 188.860001, "volume": 129296, "typical_volume": 800664.35, "trend": 212.183666, "fair_value": 304.318491, "relative_strength": -19.512079, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.771327, "energy": 50.316997, "activity_lines": [ 192.703336, 199.05382, 200.885858, 204.821247 ] }, { "date": "2026-06-26", "close": 195.102921, "volume": 0, "typical_volume": 777702.35, "trend": 210.38043, "fair_value": 303.447486, "relative_strength": -16.620423, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.258739, "energy": 35.065641, "activity_lines": [ 193.427642, 197.343078, 200.107279, 203.719264 ] }, { "date": "2026-07-03", "close": 191.602036, "volume": 80382, "typical_volume": 716833.8, "trend": 208.790165, "fair_value": 302.469837, "relative_strength": -18.273107, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.886781, "energy": 35.432015, "activity_lines": [ 192.952792, 195.34994, 199.131697, 202.507755 ] }, { "date": "2026-07-10", "close": 190.135834, "volume": 938922, "typical_volume": 737320.15, "trend": 207.193026, "fair_value": 301.435903, "relative_strength": -18.13694, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.080537, "energy": 35.380098, "activity_lines": [ 191.587072, 193.404183, 198.147658, 201.304249 ] }, { "date": "2026-07-17", "close": 194.703964, "volume": 1214107, "typical_volume": 776862.45, "trend": 206.110491, "fair_value": 300.451027, "relative_strength": -16.002014, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.05054, "energy": 28.684352, "activity_lines": [ 192.529007, 192.99398, 197.716746, 200.498503 ] }, { "date": "2026-07-24", "close": 193.736481, "volume": 552793, "typical_volume": 791352.35, "trend": 204.735708, "fair_value": 299.517041, "relative_strength": -13.596946, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.604137, "energy": 23.229973, "activity_lines": [ 193.08085, 192.966709, 197.246197, 199.70018 ] }, { "date": "2026-07-31", "close": 193.020004, "volume": 672233, "typical_volume": 784006.55, "trend": 203.476374, "fair_value": 298.62184, "relative_strength": -15.489048, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.621313, "energy": 21.315072, "activity_lines": [ 193.068769, 192.971596, 196.742716, 198.944328 ] }, { "date": "2026-08-07", "close": 192.25, "volume": 597543, "typical_volume": 794513.6, "trend": 202.487708, "fair_value": 297.733824, "relative_strength": -15.905564, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.56246, "energy": 19.235447, "activity_lines": [ 192.938881, 192.865573, 196.1999, 198.220046 ] } ], "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." } } }