{ "ticker": { "uuid": "fd85d95f-7933-4f75-ad9a-364e1df6ac32", "symbol": "JPPOWER", "name": "Jaiprakash Power Ventures 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 48.747, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 10.212, "architecture_energy": 9.589, "architecture_maturity": 26.106, "architecture_confidence": 83.017, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 51.06, "rotation_up": 25.46, "upward_expansion": 42.6, "deceleration": 73.24, "rotation_down": 30.11, "downward_expansion": 34.26 }, "activity_lines": [ 17.631334, 17.646728, 18.18481, 17.777592 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 17.940001, "trend_reference": 17.099334, "distance_from_trend": 0.049164, "trend_direction": "Weakening", "fair_value": 16.77109, "distance_from_fair_value": 0.069698, "fair_value_direction": "Weakening", "relative_strength": 2.571947, "relative_strength_direction": "Weakening", "price_momentum": 0.185724, "excess_performance": 0.229433, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.049164, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.005506, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.069698, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.141223, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.025719, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.09332, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.185724, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.705218, "read": "Demand-led" } ], "volume": { "latest": 468278421, "relative_activity": 1.089809, "balance": 1.705218, "dry_up": 0.872832, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.095446, "annualized_volatility": 0.520109, "from_high_reference": -0.267755, "from_low_reference": 0.364259 }, "levels": { "trend_reference": 17.099334, "fair_value_reference": 16.77109, "structural_low": 13.15, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 20, "median_return": -0.012229, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.019087, "regime_survival": 0.7, "best_return": 0.283951, "worst_return": -0.09375, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.064298, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": 0.011706, "regime_survival": 0.25, "best_return": 0.808511, "worst_return": -0.267366, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.092398, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.018222, "regime_survival": 0.0, "best_return": 1.491228, "worst_return": -0.275641, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.24359, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.131715, "regime_survival": 0.0, "best_return": 0.704545, "worst_return": -0.047134, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-02", "tenure": "Developing", "return": -0.032274, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-10-11", "tenure": "Developing", "return": 0.272675, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2024-10-25", "tenure": "New", "return": -0.105947, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-01", "end": "2025-01-17", "tenure": "Developing", "return": -0.095831, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-24", "end": "2025-05-23", "tenure": "Established", "return": -0.053616, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-13", "tenure": "New", "return": 0.137066, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-07-11", "tenure": "New", "return": 0.365107, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-08-15", "tenure": "Developing", "return": -0.188102, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-12-05", "tenure": "Established", "return": 0.00265, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2026-01-02", "tenure": "New", "return": -0.030685, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-09", "end": "2026-04-17", "tenure": "Established", "return": 0.139466, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-24", "end": "2026-05-29", "tenure": "Developing", "return": 0.133748, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-05", "end": "2026-06-12", "tenure": "New", "return": -0.033631, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": -0.006644, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 7.1, "volume": 354983348, "typical_volume": 209071036.35, "trend": 6.235, "fair_value": 5.564423, "relative_strength": -2.774673, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.458713, "energy": 64.270318, "activity_lines": [ 6.863333, 6.547273, 6.291667, 6.20828 ] }, { "date": "2023-08-25", "close": 7.6, "volume": 506915696, "typical_volume": 230176839.65, "trend": 6.256667, "fair_value": 5.595513, "relative_strength": 4.530728, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.99981, "energy": 83.893533, "activity_lines": [ 7.193333, 6.77, 6.432857, 6.296344 ] }, { "date": "2023-09-01", "close": 8.2, "volume": 893371712, "typical_volume": 268771209.7, "trend": 6.303333, "fair_value": 5.63109, "relative_strength": 12.108936, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.369775, "energy": 92.081856, "activity_lines": [ 7.613333, 7.078182, 6.622619, 6.42172 ] }, { "date": "2023-09-08", "close": 9.5, "volume": 1596707757, "typical_volume": 342686957.05, "trend": 6.385, "fair_value": 5.675, "relative_strength": 27.289519, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.026915, "energy": 97.412255, "activity_lines": [ 8.316667, 7.581818, 6.925952, 6.627957 ] }, { "date": "2023-09-15", "close": 10.1, "volume": 1523623121, "typical_volume": 414067580.75, "trend": 6.495, "fair_value": 5.723718, "relative_strength": 32.613314, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.078954, "energy": 97.239275, "activity_lines": [ 9.026667, 8.133636, 7.268095, 6.867634 ] }, { "date": "2023-09-22", "close": 10.4, "volume": 1180462052, "typical_volume": 462802307.9, "trend": 6.615, "fair_value": 5.776282, "relative_strength": 39.692262, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.048001, "energy": 95.770151, "activity_lines": [ 9.66, 8.67, 7.618571, 7.11957 ] }, { "date": "2023-09-29", "close": 10.25, "volume": 698471597, "typical_volume": 492324395.1, "trend": 6.733333, "fair_value": 5.826923, "relative_strength": 37.287809, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.45417, "energy": 91.207574, "activity_lines": [ 10.023333, 9.1, 7.93381, 7.354086 ] }, { "date": "2023-10-06", "close": 9.8, "volume": 542303711, "typical_volume": 515205248.25, "trend": 6.845, "fair_value": 5.873718, "relative_strength": 30.973927, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.104069, "energy": 79.743164, "activity_lines": [ 10.06, 9.37, 8.184524, 7.551935 ] }, { "date": "2023-10-13", "close": 9.6, "volume": 543877254, "typical_volume": 536175957.8, "trend": 6.963333, "fair_value": 5.920513, "relative_strength": 27.478801, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.725187, "energy": 65.192707, "activity_lines": [ 9.923333, 9.533636, 8.396667, 7.729677 ] }, { "date": "2023-10-20", "close": 9.7, "volume": 755516434, "typical_volume": 564655970.3, "trend": 7.101667, "fair_value": 5.966026, "relative_strength": 29.836018, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.98826, "energy": 56.524316, "activity_lines": [ 9.813333, 9.660909, 8.599286, 7.906237 ] }, { "date": "2023-10-27", "close": 9.3, "volume": 504294041, "typical_volume": 573516092.6, "trend": 7.226667, "fair_value": 6.010897, "relative_strength": 27.293155, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.483394, "energy": 40.698514, "activity_lines": [ 9.596667, 9.674545, 8.74619, 8.048065 ] }, { "date": "2023-11-03", "close": 11.45, "volume": 1258626298, "typical_volume": 617098949.2, "trend": 7.415, "fair_value": 6.067949, "relative_strength": 53.827652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.862652, "energy": 54.909433, "activity_lines": [ 10.17, 10.039091, 9.083333, 8.320538 ] }, { "date": "2023-11-10", "close": 14.2, "volume": 2581440173, "typical_volume": 738627783.1, "trend": 7.686667, "fair_value": 6.144231, "relative_strength": 85.859388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.215974, "energy": 69.787043, "activity_lines": [ 11.58, 10.833636, 9.657857, 8.75828 ] }, { "date": "2023-11-17", "close": 14.5, "volume": 735450741, "typical_volume": 769935174.45, "trend": 7.981667, "fair_value": 6.221154, "relative_strength": 83.817569, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.823299, "energy": 89.830194, "activity_lines": [ 12.796667, 11.573636, 10.221667, 9.197849 ] }, { "date": "2023-11-24", "close": 13.9, "volume": 615104952, "typical_volume": 791125913.2, "trend": 8.25, "fair_value": 6.295192, "relative_strength": 73.154383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.90385, "energy": 88.998629, "activity_lines": [ 13.486667, 12.113636, 10.688571, 9.579677 ] }, { "date": "2023-12-01", "close": 12.85, "volume": 449710913, "typical_volume": 808593817.3, "trend": 8.478333, "fair_value": 6.360577, "relative_strength": 54.804404, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.178141, "energy": 85.281358, "activity_lines": [ 13.546667, 12.393636, 11.019048, 9.876452 ] }, { "date": "2023-12-08", "close": 13.85, "volume": 613761181, "typical_volume": 834407206.25, "trend": 8.75, "fair_value": 6.424359, "relative_strength": 59.361491, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.07, "energy": 72.522823, "activity_lines": [ 13.703333, 12.810909, 11.412381, 10.223011 ] }, { "date": "2023-12-15", "close": 14.1, "volume": 525361580, "typical_volume": 856280053.25, "trend": 9.03, "fair_value": 6.493269, "relative_strength": 56.957189, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.652072, "energy": 63.157484, "activity_lines": [ 13.783333, 13.208182, 11.791905, 10.568172 ] }, { "date": "2023-12-22", "close": 13.25, "volume": 362824157, "typical_volume": 850086487.55, "trend": 9.285, "fair_value": 6.558013, "relative_strength": 46.6282, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.857698, "energy": 52.360263, "activity_lines": [ 13.586667, 13.372727, 12.051667, 10.84043 ] }, { "date": "2023-12-29", "close": 13.95, "volume": 273288379, "typical_volume": 825804754.85, "trend": 9.55, "fair_value": 6.626282, "relative_strength": 50.126779, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.93052, "energy": 51.812027, "activity_lines": [ 13.706667, 13.598182, 12.346429, 11.141398 ] }, { "date": "2024-01-05", "close": 16.85, "volume": 1332298817, "typical_volume": 874670528.3, "trend": 9.903333, "fair_value": 6.713141, "relative_strength": 78.602081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.098766, "energy": 62.163493, "activity_lines": [ 14.79, 14.273636, 12.886429, 11.612366 ] }, { "date": "2024-01-12", "close": 16.700001, "volume": 448305704, "typical_volume": 871740028.7, "trend": 10.25, "fair_value": 6.800962, "relative_strength": 72.781566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.519811, "energy": 63.034885, "activity_lines": [ 15.556667, 14.784546, 13.365714, 12.05086 ] }, { "date": "2024-01-19", "close": 15.95, "volume": 403512274, "typical_volume": 847247056.8, "trend": 10.583333, "fair_value": 6.884936, "relative_strength": 64.672325, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.005851, "energy": 61.611228, "activity_lines": [ 15.883334, 15.063637, 13.730238, 12.418602 ] }, { "date": "2024-01-26", "close": 16.1, "volume": 177048288, "typical_volume": 776264083.35, "trend": 10.915, "fair_value": 6.969872, "relative_strength": 65.764957, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.822098, "energy": 63.752173, "activity_lines": [ 16.136667, 15.338182, 14.072143, 12.774516 ] }, { "date": "2024-02-02", "close": 19.0, "volume": 803203579, "typical_volume": 740243106.25, "trend": 11.34, "fair_value": 7.074038, "relative_strength": 87.26876, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.169031, "energy": 74.466515, "activity_lines": [ 17.166667, 16.110909, 14.65881, 13.296129 ] }, { "date": "2024-02-09", "close": 23.25, "volume": 933349387, "typical_volume": 727887473.0, "trend": 11.913333, "fair_value": 7.205449, "relative_strength": 123.676544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.631346, "energy": 93.599932, "activity_lines": [ 19.276667, 17.563636, 15.607857, 14.064516 ] }, { "date": "2024-02-16", "close": 20.35, "volume": 481205136, "typical_volume": 717024149.95, "trend": 12.393333, "fair_value": 7.317628, "relative_strength": 89.330356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.154297, "energy": 85.386069, "activity_lines": [ 19.993333, 18.3, 16.219524, 14.608817 ] }, { "date": "2024-02-23", "close": 19.450001, "volume": 117050696, "typical_volume": 695761499.2, "trend": 12.843333, "fair_value": 7.424679, "relative_strength": 76.17731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.957479, "energy": 82.114609, "activity_lines": [ 20.166667, 18.754546, 16.697381, 15.064086 ] }, { "date": "2024-03-01", "close": 18.299999, "volume": 159480639, "typical_volume": 676541668.45, "trend": 13.233333, "fair_value": 7.523397, "relative_strength": 62.076029, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.15752, "energy": 58.974511, "activity_lines": [ 19.723333, 18.902727, 17.019762, 15.416129 ] }, { "date": "2024-03-08", "close": 17.200001, "volume": 81350255, "typical_volume": 642833359.5, "trend": 13.558333, "fair_value": 7.616026, "relative_strength": 49.049653, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.087578, "energy": 42.143735, "activity_lines": [ 18.766667, 18.759091, 17.195953, 15.672043 ] }, { "date": "2024-03-15", "close": 16.200001, "volume": 143176098, "typical_volume": 624777462.35, "trend": 13.861667, "fair_value": 7.703526, "relative_strength": 41.358197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.193373, "energy": 22.148998, "activity_lines": [ 17.596667, 18.374546, 17.241191, 15.842473 ] }, { "date": "2024-03-22", "close": 15.7, "volume": 95982745, "typical_volume": 566645284.7, "trend": 14.131667, "fair_value": 7.784615, "relative_strength": 34.634658, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.589032, "energy": 23.809795, "activity_lines": [ 16.73, 17.910909, 17.205953, 15.961075 ] }, { "date": "2024-03-29", "close": 15.25, "volume": 70295133, "typical_volume": 441088032.7, "trend": 14.366667, "fair_value": 7.860577, "relative_strength": 27.736438, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.18923, "energy": 21.219913, "activity_lines": [ 16.023334, 17.383637, 17.107619, 16.033226 ] }, { "date": "2024-04-05", "close": 19.35, "volume": 116790710, "typical_volume": 410155031.15, "trend": 14.695, "fair_value": 7.964103, "relative_strength": 57.727934, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.594772, "energy": 24.504149, "activity_lines": [ 16.963334, 17.614546, 17.394762, 16.354731 ] }, { "date": "2024-04-12", "close": 18.049999, "volume": 100438971, "typical_volume": 384421732.1, "trend": 14.96, "fair_value": 8.059936, "relative_strength": 44.733229, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.512362, "energy": 15.397693, "activity_lines": [ 17.4, 17.55, 17.535, 16.571183 ] }, { "date": "2024-04-19", "close": 17.049999, "volume": 61095092, "typical_volume": 364990941.05, "trend": 15.181667, "fair_value": 8.150321, "relative_strength": 36.878177, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.489117, "energy": 17.209557, "activity_lines": [ 17.446666, 17.320909, 17.560238, 16.706022 ] }, { "date": "2024-04-26", "close": 18.1, "volume": 89650916, "typical_volume": 338785427.8, "trend": 15.443333, "fair_value": 8.246154, "relative_strength": 41.204319, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.877252, "energy": 25.44553, "activity_lines": [ 17.786666, 17.395454, 17.665476, 16.894301 ] }, { "date": "2024-05-03", "close": 19.700001, "volume": 146517125, "typical_volume": 319843205.05, "trend": 15.773333, "fair_value": 8.353205, "relative_strength": 50.547341, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.723597, "energy": 33.26892, "activity_lines": [ 18.5, 17.801818, 17.902857, 17.168925 ] }, { "date": "2024-05-10", "close": 18.200001, "volume": 100815303, "typical_volume": 306742762.35, "trend": 16.06, "fair_value": 8.444872, "relative_strength": 39.370928, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 40.194575, "energy": 30.219829, "activity_lines": [ 18.416667, 17.930909, 17.970714, 17.325484 ] }, { "date": "2024-05-17", "close": 19.65, "volume": 91084165, "typical_volume": 297632551.65, "trend": 16.391667, "fair_value": 8.547756, "relative_strength": 45.076598, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.172674, "energy": 49.620234, "activity_lines": [ 18.893334, 18.325455, 18.153095, 17.557097 ] }, { "date": "2024-05-24", "close": 20.450001, "volume": 232386127, "typical_volume": 242636917.15, "trend": 16.763333, "fair_value": 8.653846, "relative_strength": 45.033265, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.376693, "energy": 59.901295, "activity_lines": [ 19.530001, 18.820909, 18.384524, 17.818925 ] }, { "date": "2024-05-31", "close": 19.25, "volume": 215205768, "typical_volume": 230981920.35, "trend": 17.023333, "fair_value": 8.752244, "relative_strength": 36.832974, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.052829, "energy": 46.158449, "activity_lines": [ 19.54, 19.020909, 18.484524, 17.979355 ] }, { "date": "2024-06-07", "close": 18.1, "volume": 320484203, "typical_volume": 226830516.8, "trend": 17.153333, "fair_value": 8.836218, "relative_strength": 22.797358, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.703256, "energy": 32.556986, "activity_lines": [ 19.09, 18.947273, 18.462857, 18.048817 ] }, { "date": "2024-06-14", "close": 19.780001, "volume": 214600347, "typical_volume": 228708119.75, "trend": 17.329334, "fair_value": 8.925513, "relative_strength": 31.16589, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.798499, "energy": 32.198314, "activity_lines": [ 19.306667, 19.127273, 18.590953, 18.21828 ] }, { "date": "2024-06-21", "close": 19.190001, "volume": 127722814, "typical_volume": 194934081.5, "trend": 17.505667, "fair_value": 9.012949, "relative_strength": 25.196322, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.311636, "energy": 23.359434, "activity_lines": [ 19.221334, 19.192182, 18.645334, 18.338323 ] }, { "date": "2024-06-28", "close": 19.6, "volume": 230778305, "typical_volume": 159805527.4, "trend": 17.730667, "fair_value": 9.101731, "relative_strength": 23.354453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.262002, "energy": 20.742475, "activity_lines": [ 19.303334, 19.31091, 18.737857, 18.473441 ] }, { "date": "2024-07-05", "close": 18.57, "volume": 156796639, "typical_volume": 143585102.55, "trend": 17.888, "fair_value": 9.180385, "relative_strength": 13.909943, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.038347, "energy": 19.495967, "activity_lines": [ 19.098667, 19.196, 18.749667, 18.527592 ] }, { "date": "2024-07-12", "close": 18.43, "volume": 131261259, "typical_volume": 144295630.7, "trend": 18.032334, "fair_value": 9.261026, "relative_strength": 10.820036, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.581909, "energy": 12.654836, "activity_lines": [ 18.892667, 19.047091, 18.756619, 18.562559 ] }, { "date": "2024-07-19", "close": 17.92, "volume": 84481190, "typical_volume": 140545658.25, "trend": 18.188, "fair_value": 9.341923, "relative_strength": 6.33413, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.40729, "energy": 11.223199, "activity_lines": [ 18.494667, 18.828546, 18.719857, 18.555312 ] }, { "date": "2024-07-26", "close": 19.66, "volume": 177361641, "typical_volume": 145346227.55, "trend": 18.378334, "fair_value": 9.436538, "relative_strength": 13.675905, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.649484, "energy": 15.995914, "activity_lines": [ 18.800667, 18.931455, 18.850619, 18.65028 ] }, { "date": "2024-08-02", "close": 19.790001, "volume": 265399842, "typical_volume": 151457414.75, "trend": 18.476334, "fair_value": 9.531026, "relative_strength": 13.520131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.233669, "energy": 19.879126, "activity_lines": [ 19.118667, 19.057818, 18.982048, 18.741355 ] }, { "date": "2024-08-09", "close": 17.530001, "volume": 243245907, "typical_volume": 158820572.85, "trend": 18.504, "fair_value": 9.615192, "relative_strength": 1.07554, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.613491, "energy": 2.789321, "activity_lines": [ 18.670667, 18.785273, 18.881143, 18.680301 ] }, { "date": "2024-08-16", "close": 17.66, "volume": 113422054, "typical_volume": 160976918.9, "trend": 18.561, "fair_value": 9.705, "relative_strength": 0.152273, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.085829, "energy": 10.751339, "activity_lines": [ 18.335334, 18.567637, 18.783905, 18.62585 ] }, { "date": "2024-08-23", "close": 18.52, "volume": 188448022, "typical_volume": 164559784.5, "trend": 18.641667, "fair_value": 9.797436, "relative_strength": 2.868251, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.794049, "energy": 14.681468, "activity_lines": [ 18.338, 18.514364, 18.757096, 18.623205 ] }, { "date": "2024-08-30", "close": 17.92, "volume": 91689452, "typical_volume": 164122308.55, "trend": 18.605667, "fair_value": 9.886667, "relative_strength": -2.834854, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.109105, "energy": 25.041516, "activity_lines": [ 18.100667, 18.374909, 18.677096, 18.576645 ] }, { "date": "2024-09-06", "close": 17.469999, "volume": 114174081, "typical_volume": 166776258.0, "trend": 18.413, "fair_value": 9.972692, "relative_strength": -4.374898, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.144828, "energy": 32.028787, "activity_lines": [ 17.829333, 18.176727, 18.554857, 18.503377 ] }, { "date": "2024-09-13", "close": 17.309999, "volume": 71583536, "typical_volume": 165872889.0, "trend": 18.311667, "fair_value": 10.055769, "relative_strength": -7.576475, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.385827, "energy": 35.864775, "activity_lines": [ 17.659333, 17.988182, 18.415381, 18.432215 ] }, { "date": "2024-09-20", "close": 17.02, "volume": 84447490, "typical_volume": 162769407.25, "trend": 18.230667, "fair_value": 10.137308, "relative_strength": -10.960075, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.808088, "energy": 44.945182, "activity_lines": [ 17.407333, 17.769818, 18.252048, 18.348882 ] }, { "date": "2024-09-27", "close": 17.57, "volume": 138094480, "typical_volume": 164633366.1, "trend": 18.206334, "fair_value": 10.223013, "relative_strength": -9.794308, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.492402, "energy": 38.293605, "activity_lines": [ 17.381333, 17.677091, 18.153857, 18.306258 ] }, { "date": "2024-10-04", "close": 19.43, "volume": 419718458, "typical_volume": 181065080.75, "trend": 18.280667, "fair_value": 10.314231, "relative_strength": 3.653264, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.126094, "energy": 7.100364, "activity_lines": [ 18.038666, 17.928909, 18.23581, 18.385204 ] }, { "date": "2024-10-11", "close": 22.309999, "volume": 927915587, "typical_volume": 215841553.75, "trend": 18.484333, "fair_value": 10.422308, "relative_strength": 18.022634, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.979863, "energy": 36.27611, "activity_lines": [ 19.555333, 18.708545, 18.593095, 18.645161 ] }, { "date": "2024-10-18", "close": 20.01, "volume": 417589085, "typical_volume": 225960719.6, "trend": 18.628, "fair_value": 10.519167, "relative_strength": 5.497467, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.923698, "energy": 34.729311, "activity_lines": [ 19.982666, 19.024181, 18.722476, 18.743591 ] }, { "date": "2024-10-25", "close": 17.889999, "volume": 298971814, "typical_volume": 224885100.15, "trend": 18.716, "fair_value": 10.605641, "relative_strength": -3.664326, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 3.930985, "energy": 18.684618, "activity_lines": [ 19.523333, 18.909272, 18.646333, 18.695978 ] }, { "date": "2024-11-01", "close": 18.469999, "volume": 211674964, "typical_volume": 224738831.0, "trend": 18.686667, "fair_value": 10.693269, "relative_strength": -1.452714, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.492832, "energy": 14.673056, "activity_lines": [ 19.199333, 18.895636, 18.626428, 18.680107 ] }, { "date": "2024-11-08", "close": 17.99, "volume": 261491588, "typical_volume": 231427269.7, "trend": 18.684667, "fair_value": 10.778462, "relative_strength": -3.426752, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.192315, "energy": 9.819621, "activity_lines": [ 18.655333, 18.795636, 18.567047, 18.635161 ] }, { "date": "2024-11-15", "close": 16.690001, "volume": 186210232, "typical_volume": 229198866.05, "trend": 18.672667, "fair_value": 10.857564, "relative_strength": -8.003226, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.023878, "energy": 32.01857, "activity_lines": [ 17.774, 18.458, 18.389571, 18.506473 ] }, { "date": "2024-11-22", "close": 16.299999, "volume": 156167410, "typical_volume": 229167404.6, "trend": 18.612667, "fair_value": 10.931603, "relative_strength": -11.515527, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.005709, "energy": 48.141313, "activity_lines": [ 17.137333, 18.063636, 18.188809, 18.353398 ] }, { "date": "2024-11-29", "close": 18.459999, "volume": 364543948, "typical_volume": 240831539.05, "trend": 18.571333, "fair_value": 11.020449, "relative_strength": -1.043053, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.092011, "energy": 36.295443, "activity_lines": [ 17.468, 18.080363, 18.204571, 18.343548 ] }, { "date": "2024-12-06", "close": 19.219999, "volume": 381549440, "typical_volume": 255684951.55, "trend": 18.605333, "fair_value": 11.108397, "relative_strength": 0.452762, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.617659, "energy": 21.292324, "activity_lines": [ 18.013999, 18.20909, 18.292571, 18.385398 ] }, { "date": "2024-12-13", "close": 18.84, "volume": 220849845, "typical_volume": 257859361.75, "trend": 18.578333, "fair_value": 11.196474, "relative_strength": -2.144313, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.550274, "energy": 9.262032, "activity_lines": [ 18.383333, 18.238727, 18.33819, 18.400537 ] }, { "date": "2024-12-20", "close": 18.969999, "volume": 410991134, "typical_volume": 265138926.35, "trend": 18.529, "fair_value": 11.282179, "relative_strength": 2.995544, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.146104, "energy": 8.08166, "activity_lines": [ 18.739333, 18.302727, 18.400095, 18.425806 ] }, { "date": "2024-12-27", "close": 18.129999, "volume": 122844309, "typical_volume": 259118846.45, "trend": 18.491667, "fair_value": 11.358654, "relative_strength": -2.784813, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.796557, "energy": 8.140096, "activity_lines": [ 18.663333, 18.274727, 18.385904, 18.400064 ] }, { "date": "2025-01-03", "close": 17.67, "volume": 159007014, "typical_volume": 261398094.45, "trend": 18.477333, "fair_value": 11.417756, "relative_strength": -5.914223, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.116145, "energy": 12.06199, "activity_lines": [ 18.311999, 18.197272, 18.325047, 18.347053 ] }, { "date": "2025-01-10", "close": 16.200001, "volume": 164095101, "typical_volume": 260180448.4, "trend": 18.358, "fair_value": 11.458141, "relative_strength": -11.475781, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.798193, "energy": 41.216786, "activity_lines": [ 17.523333, 17.856545, 18.124142, 18.200129 ] }, { "date": "2025-01-17", "close": 16.700001, "volume": 132674047, "typical_volume": 262229678.15, "trend": 18.275, "fair_value": 11.503654, "relative_strength": -7.804953, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.116242, "energy": 49.974051, "activity_lines": [ 17.102667, 17.648, 17.981905, 18.093161 ] }, { "date": "2025-01-24", "close": 16.040001, "volume": 100575046, "typical_volume": 261549726.4, "trend": 18.156333, "fair_value": 11.548141, "relative_strength": -10.892552, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.41228, "energy": 63.54539, "activity_lines": [ 16.604667, 17.342909, 17.782619, 17.948968 ] }, { "date": "2025-01-31", "close": 16.33, "volume": 161806862, "typical_volume": 266060892.7, "trend": 18.081667, "fair_value": 11.595128, "relative_strength": -10.501748, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.595987, "energy": 63.847438, "activity_lines": [ 16.398667, 17.102364, 17.617762, 17.83114 ] }, { "date": "2025-02-07", "close": 14.95, "volume": 172799659, "typical_volume": 270478501.15, "trend": 17.965667, "fair_value": 11.636474, "relative_strength": -17.358005, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.064808, "energy": 69.081743, "activity_lines": [ 15.852667, 16.610364, 17.326143, 17.629097 ] }, { "date": "2025-02-14", "close": 13.46, "volume": 130041533, "typical_volume": 270075853.8, "trend": 17.817, "fair_value": 11.671795, "relative_strength": -22.898595, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.585221, "energy": 79.195735, "activity_lines": [ 14.991334, 15.911273, 16.902476, 17.338408 ] }, { "date": "2025-02-21", "close": 13.92, "volume": 144597179, "typical_volume": 256319789.85, "trend": 17.625667, "fair_value": 11.716474, "relative_strength": -19.256765, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.221406, "energy": 76.524795, "activity_lines": [ 14.466, 15.400546, 16.54219, 17.086989 ] }, { "date": "2025-02-28", "close": 13.36, "volume": 94875163, "typical_volume": 214667768.65, "trend": 17.411333, "fair_value": 11.757244, "relative_strength": -19.714423, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.357777, "energy": 84.267052, "activity_lines": [ 13.939333, 14.877455, 16.15481, 16.811785 ] }, { "date": "2025-03-07", "close": 14.15, "volume": 180142927, "typical_volume": 202795460.75, "trend": 17.298666, "fair_value": 11.801474, "relative_strength": -16.286247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.928327, "energy": 78.21474, "activity_lines": [ 13.854667, 14.6, 15.885286, 16.601376 ] }, { "date": "2025-03-14", "close": 13.45, "volume": 181014426, "typical_volume": 196897591.35, "trend": 17.158333, "fair_value": 11.8425, "relative_strength": -19.597179, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.221116, "energy": 69.112651, "activity_lines": [ 13.682, 14.267636, 15.577, 16.353075 ] }, { "date": "2025-03-21", "close": 14.96, "volume": 223813146, "typical_volume": 197504500.45, "trend": 17.039666, "fair_value": 11.894487, "relative_strength": -14.066676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.415922, "energy": 47.262998, "activity_lines": [ 14.112667, 14.286546, 15.433667, 16.211247 ] }, { "date": "2025-03-28", "close": 14.25, "volume": 205829882, "typical_volume": 194721415.15, "trend": 16.917333, "fair_value": 11.940962, "relative_strength": -18.571018, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.016053, "energy": 35.99547, "activity_lines": [ 14.206667, 14.198909, 15.239429, 16.031269 ] }, { "date": "2025-04-04", "close": 14.79, "volume": 133585970, "typical_volume": 192090202.05, "trend": 16.828, "fair_value": 11.982885, "relative_strength": -12.734279, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.669278, "energy": 29.756064, "activity_lines": [ 14.458667, 14.254, 15.114429, 15.894021 ] }, { "date": "2025-04-11", "close": 14.51, "volume": 124609913, "typical_volume": 190512327.2, "trend": 16.734667, "fair_value": 12.024936, "relative_strength": -13.729711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.336667, "energy": 23.329067, "activity_lines": [ 14.522, 14.280909, 14.97181, 15.744473 ] }, { "date": "2025-04-18", "close": 15.47, "volume": 115271871, "typical_volume": 178048723.35, "trend": 16.683, "fair_value": 12.073462, "relative_strength": -11.687768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.843779, "energy": 18.904234, "activity_lines": [ 14.881333, 14.515455, 14.929143, 15.662882 ] }, { "date": "2025-04-25", "close": 15.06, "volume": 176151485, "typical_volume": 167778825.6, "trend": 16.599333, "fair_value": 12.122564, "relative_strength": -14.293719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.430651, "energy": 17.347874, "activity_lines": [ 14.969333, 14.666, 14.861667, 15.558172 ] }, { "date": "2025-05-02", "close": 14.18, "volume": 92380764, "typical_volume": 161355371.55, "trend": 16.424333, "fair_value": 12.169231, "relative_strength": -19.699233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.021758, "energy": 19.462436, "activity_lines": [ 14.757333, 14.627455, 14.730191, 15.402086 ] }, { "date": "2025-05-09", "close": 13.29, "volume": 139200911, "typical_volume": 147765860.4, "trend": 16.123667, "fair_value": 12.213077, "relative_strength": -23.123824, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.502472, "energy": 32.536259, "activity_lines": [ 14.253333, 14.422364, 14.536143, 15.199871 ] }, { "date": "2025-05-16", "close": 15.11, "volume": 120351996, "typical_volume": 147641244.75, "trend": 15.960333, "fair_value": 12.261859, "relative_strength": -15.519813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.60248, "energy": 23.092762, "activity_lines": [ 14.456, 14.549455, 14.542476, 15.134473 ] }, { "date": "2025-05-23", "close": 15.18, "volume": 127811553, "typical_volume": 146081471.7, "trend": 15.87, "fair_value": 12.314936, "relative_strength": -13.910883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.453442, "energy": 19.53559, "activity_lines": [ 14.642, 14.671818, 14.569857, 15.084129 ] }, { "date": "2025-05-30", "close": 15.54, "volume": 185655932, "typical_volume": 147159513.25, "trend": 15.772333, "fair_value": 12.369359, "relative_strength": -10.957711, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.055094, "energy": 6.028075, "activity_lines": [ 14.967333, 14.828182, 14.643381, 15.062839 ] }, { "date": "2025-06-06", "close": 16.24, "volume": 227547300, "typical_volume": 151903175.9, "trend": 15.714, "fair_value": 12.42859, "relative_strength": -7.564209, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.788328, "energy": 15.403234, "activity_lines": [ 15.494, 15.101273, 14.786714, 15.093011 ] }, { "date": "2025-06-13", "close": 17.67, "volume": 842362798, "typical_volume": 188992563.5, "trend": 15.746667, "fair_value": 12.503077, "relative_strength": 2.09041, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.607858, "energy": 47.576826, "activity_lines": [ 16.36, 15.598182, 15.068429, 15.219204 ] }, { "date": "2025-06-20", "close": 17.309999, "volume": 301022077, "typical_volume": 195953324.25, "trend": 15.780333, "fair_value": 12.572051, "relative_strength": -1.212589, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.053316, "energy": 55.660636, "activity_lines": [ 16.814, 15.977273, 15.308095, 15.320064 ] }, { "date": "2025-06-27", "close": 18.1, "volume": 290126731, "typical_volume": 201819677.85, "trend": 15.768333, "fair_value": 12.647051, "relative_strength": 1.487614, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.771132, "energy": 67.239178, "activity_lines": [ 17.384666, 16.449091, 15.618333, 15.46972 ] }, { "date": "2025-07-04", "close": 18.950001, "volume": 452023091, "typical_volume": 217918755.75, "trend": 15.759333, "fair_value": 12.728141, "relative_strength": 7.048174, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.084234, "energy": 73.086627, "activity_lines": [ 18.044, 17.027636, 15.994524, 15.674989 ] }, { "date": "2025-07-11", "close": 23.629999, "volume": 2899599319, "typical_volume": 355668862.75, "trend": 15.919, "fair_value": 12.839551, "relative_strength": 34.440039, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 95.762246, "energy": 94.34067, "activity_lines": [ 20.036, 18.386363, 16.790286, 16.182774 ] }, { "date": "2025-07-18", "close": 22.860001, "volume": 2180118422, "typical_volume": 459931025.7, "trend": 16.048667, "fair_value": 12.944423, "relative_strength": 30.340697, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.596468, "energy": 91.554072, "activity_lines": [ 21.278667, 19.433273, 17.466476, 16.630581 ] }, { "date": "2025-07-25", "close": 20.120001, "volume": 400196516, "typical_volume": 470933705.15, "trend": 16.115, "fair_value": 13.032372, "relative_strength": 15.266746, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.756641, "energy": 81.157162, "activity_lines": [ 21.262001, 19.808, 17.836476, 16.893247 ] }, { "date": "2025-08-01", "close": 20.139999, "volume": 251168252, "typical_volume": 474441396.45, "trend": 16.197333, "fair_value": 13.112436, "relative_strength": 16.595934, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.520036, "energy": 64.054026, "activity_lines": [ 21.064667, 20.095273, 18.179952, 17.152925 ] }, { "date": "2025-08-08", "close": 19.16, "volume": 220644376, "typical_volume": 474282957.95, "trend": 16.296, "fair_value": 13.18718, "relative_strength": 11.637702, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.90336, "energy": 46.265058, "activity_lines": [ 20.404667, 20.114182, 18.398238, 17.344065 ] }, { "date": "2025-08-15", "close": 18.559999, "volume": 100431309, "typical_volume": 469013029.3, "trend": 16.358, "fair_value": 13.258397, "relative_strength": 6.866189, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.39515, "energy": 26.469436, "activity_lines": [ 19.530666, 19.958182, 18.539381, 17.490129 ] }, { "date": "2025-08-22", "close": 18.870001, "volume": 172808014, "typical_volume": 470974131.5, "trend": 16.452333, "fair_value": 13.330321, "relative_strength": 7.570735, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.092574, "energy": 22.628758, "activity_lines": [ 19.098, 19.816364, 18.689524, 17.652194 ] }, { "date": "2025-08-29", "close": 18.389999, "volume": 143497500, "typical_volume": 471918510.85, "trend": 16.521, "fair_value": 13.394679, "relative_strength": 6.612459, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.93331, "energy": 22.673004, "activity_lines": [ 18.771333, 19.565454, 18.774524, 17.777204 ] }, { "date": "2025-09-05", "close": 19.07, "volume": 184862402, "typical_volume": 475398037.4, "trend": 16.658333, "fair_value": 13.463397, "relative_strength": 8.949613, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.202484, "energy": 20.176926, "activity_lines": [ 18.786666, 19.418545, 18.905809, 17.941656 ] }, { "date": "2025-09-12", "close": 18.91, "volume": 185828289, "typical_volume": 475881877.6, "trend": 16.84, "fair_value": 13.532051, "relative_strength": 6.22794, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.209433, "energy": 16.481573, "activity_lines": [ 18.82, 19.224909, 19.004714, 18.086925 ] }, { "date": "2025-09-19", "close": 18.68, "volume": 114002467, "typical_volume": 476962962.75, "trend": 16.998667, "fair_value": 13.600192, "relative_strength": 3.834492, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.796772, "energy": 11.144331, "activity_lines": [ 18.793333, 18.990182, 19.063381, 18.205634 ] }, { "date": "2025-09-26", "close": 17.59, "volume": 95823300, "typical_volume": 474794082.2, "trend": 17.139667, "fair_value": 13.665833, "relative_strength": 0.327132, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.569663, "energy": 7.874334, "activity_lines": [ 18.395333, 18.647273, 18.996809, 18.243785 ] }, { "date": "2025-10-03", "close": 18.549999, "volume": 88167765, "typical_volume": 473184870.65, "trend": 17.286333, "fair_value": 13.7325, "relative_strength": 4.87412, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.922487, "energy": 10.190594, "activity_lines": [ 18.402666, 18.574727, 19.00119, 18.334774 ] }, { "date": "2025-10-10", "close": 18.469999, "volume": 161687700, "typical_volume": 474878678.0, "trend": 17.453667, "fair_value": 13.800577, "relative_strength": 3.262863, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.47895, "energy": 10.870354, "activity_lines": [ 18.372666, 18.516181, 18.981571, 18.41114 ] }, { "date": "2025-10-17", "close": 17.91, "volume": 90791214, "typical_volume": 470135442.1, "trend": 17.552, "fair_value": 13.865385, "relative_strength": -1.230016, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.436284, "energy": 14.40134, "activity_lines": [ 18.196, 18.386181, 18.892952, 18.44058 ] }, { "date": "2025-10-24", "close": 17.959999, "volume": 68240042, "typical_volume": 462170079.2, "trend": 17.675667, "fair_value": 13.932436, "relative_strength": -1.164347, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.858788, "energy": 17.275234, "activity_lines": [ 18.102666, 18.288, 18.797809, 18.466903 ] }, { "date": "2025-10-31", "close": 18.02, "volume": 118261157, "typical_volume": 425964997.15, "trend": 17.783333, "fair_value": 13.999872, "relative_strength": -0.391055, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.582903, "energy": 19.542952, "activity_lines": [ 18.077333, 18.211636, 18.70019, 18.489118 ] }, { "date": "2025-11-07", "close": 17.610001, "volume": 86072532, "typical_volume": 415217519.9, "trend": 17.886667, "fair_value": 14.065, "relative_strength": -1.634172, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.861402, "energy": 25.510416, "activity_lines": [ 17.886667, 18.076182, 18.561857, 18.477935 ] }, { "date": "2025-11-14", "close": 17.76, "volume": 117750346, "typical_volume": 406598700.65, "trend": 17.963, "fair_value": 14.132051, "relative_strength": -2.332185, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.733967, "energy": 28.987703, "activity_lines": [ 17.808667, 17.982182, 18.436381, 18.469763 ] }, { "date": "2025-11-21", "close": 20.01, "volume": 1687595561, "typical_volume": 468377324.15, "trend": 18.128, "fair_value": 14.212564, "relative_strength": 9.117341, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.248736, "energy": 14.913715, "activity_lines": [ 18.528, 18.321091, 18.526809, 18.601828 ] }, { "date": "2025-11-28", "close": 18.790001, "volume": 624999050, "typical_volume": 354647310.7, "trend": 18.281667, "fair_value": 14.282051, "relative_strength": 2.071033, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.814146, "energy": 12.665322, "activity_lines": [ 18.700667, 18.418182, 18.496, 18.644538 ] }, { "date": "2025-12-05", "close": 18.92, "volume": 346507585, "typical_volume": 262966768.85, "trend": 18.469333, "fair_value": 14.355256, "relative_strength": 3.000782, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.410932, "energy": 22.327901, "activity_lines": [ 18.861334, 18.536909, 18.500619, 18.68572 ] }, { "date": "2025-12-12", "close": 18.25, "volume": 195058015, "typical_volume": 252709843.8, "trend": 18.574, "fair_value": 14.420962, "relative_strength": 0.049951, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.341964, "energy": 14.325517, "activity_lines": [ 18.738667, 18.509637, 18.46019, 18.67157 ] }, { "date": "2025-12-19", "close": 17.940001, "volume": 147568838, "typical_volume": 247529873.1, "trend": 18.666, "fair_value": 14.492372, "relative_strength": -1.036406, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.914204, "energy": 11.169189, "activity_lines": [ 18.47, 18.431455, 18.399143, 18.630667 ] }, { "date": "2025-12-26", "close": 17.309999, "volume": 102796340, "typical_volume": 241637471.3, "trend": 18.725, "fair_value": 14.554936, "relative_strength": -4.535875, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.786711, "energy": 38.379028, "activity_lines": [ 17.979333, 18.248364, 18.288571, 18.543183 ] }, { "date": "2026-01-02", "close": 17.690001, "volume": 181223800, "typical_volume": 245677095.85, "trend": 18.773333, "fair_value": 14.620897, "relative_strength": -3.329426, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.495514, "energy": 42.405843, "activity_lines": [ 17.795334, 18.145273, 18.223, 18.476409 ] }, { "date": "2026-01-09", "close": 16.85, "volume": 129722686, "typical_volume": 243522829.45, "trend": 18.746, "fair_value": 14.682436, "relative_strength": -5.514111, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.719527, "energy": 58.607123, "activity_lines": [ 17.404667, 17.894364, 18.081572, 18.352323 ] }, { "date": "2026-01-16", "close": 16.24, "volume": 114965730, "typical_volume": 242096240.95, "trend": 18.710333, "fair_value": 14.740385, "relative_strength": -8.752237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.076189, "energy": 68.611269, "activity_lines": [ 16.948667, 17.553818, 17.891667, 18.190645 ] }, { "date": "2026-01-23", "close": 14.75, "volume": 212471154, "typical_volume": 243476678.55, "trend": 18.598667, "fair_value": 14.790385, "relative_strength": -14.737414, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.276583, "energy": 78.798741, "activity_lines": [ 16.13, 16.967273, 17.570095, 17.93514 ] }, { "date": "2026-01-30", "close": 15.19, "volume": 201970721, "typical_volume": 244283800.15, "trend": 18.473333, "fair_value": 14.844167, "relative_strength": -12.907467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.545937, "energy": 77.682559, "activity_lines": [ 15.670667, 16.515455, 17.311, 17.715226 ] }, { "date": "2026-02-06", "close": 15.13, "volume": 211015393, "typical_volume": 249134446.45, "trend": 18.19, "fair_value": 14.895962, "relative_strength": -14.401796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.334198, "energy": 75.987406, "activity_lines": [ 15.332667, 16.140364, 17.063905, 17.499527 ] }, { "date": "2026-02-13", "close": 14.95, "volume": 140053201, "typical_volume": 251345941.5, "trend": 17.926333, "fair_value": 14.948205, "relative_strength": -14.680781, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.519587, "energy": 73.033788, "activity_lines": [ 15.105333, 15.799091, 16.816572, 17.290495 ] }, { "date": "2026-02-20", "close": 14.66, "volume": 89714031, "typical_volume": 251423254.8, "trend": 17.744333, "fair_value": 14.99859, "relative_strength": -16.576405, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.381731, "energy": 79.472749, "activity_lines": [ 14.908, 15.477273, 16.554191, 17.079763 ] }, { "date": "2026-02-27", "close": 15.25, "volume": 192221766, "typical_volume": 252949958.1, "trend": 17.581333, "fair_value": 15.053397, "relative_strength": -11.87033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.583522, "energy": 65.89364, "activity_lines": [ 15.012667, 15.328, 16.366524, 16.918839 ] }, { "date": "2026-03-06", "close": 13.86, "volume": 120965206, "typical_volume": 254458657.7, "trend": 17.404667, "fair_value": 15.100897, "relative_strength": -17.377608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.184953, "energy": 73.272339, "activity_lines": [ 14.620667, 14.974909, 16.06181, 16.678753 ] }, { "date": "2026-03-13", "close": 13.9, "volume": 223850379, "typical_volume": 262239174.55, "trend": 17.249333, "fair_value": 15.151218, "relative_strength": -12.488326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.183754, "energy": 71.697622, "activity_lines": [ 14.330667, 14.691818, 15.780191, 16.452645 ] }, { "date": "2026-03-20", "close": 16.360001, "volume": 1398297168, "typical_volume": 326240975.1, "trend": 17.165667, "fair_value": 15.220513, "relative_strength": 2.968765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.935864, "energy": 35.780831, "activity_lines": [ 14.942667, 14.924909, 15.752191, 16.395269 ] }, { "date": "2026-03-27", "close": 14.73, "volume": 417706201, "typical_volume": 342822658.55, "trend": 17.043667, "fair_value": 15.279359, "relative_strength": -6.196216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.956731, "energy": 34.675078, "activity_lines": [ 14.917334, 14.870546, 15.576857, 16.238129 ] }, { "date": "2026-04-03", "close": 15.01, "volume": 195927752, "typical_volume": 346731528.85, "trend": 16.908333, "fair_value": 15.338397, "relative_strength": -4.005495, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.850791, "energy": 26.350694, "activity_lines": [ 14.980667, 14.894546, 15.441905, 16.106925 ] }, { "date": "2026-04-10", "close": 17.200001, "volume": 511257131, "typical_volume": 287914607.35, "trend": 16.851333, "fair_value": 15.409872, "relative_strength": 3.652701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.76559, "energy": 16.400634, "activity_lines": [ 15.79, 15.312, 15.528619, 16.125742 ] }, { "date": "2026-04-17", "close": 19.200001, "volume": 930065300, "typical_volume": 303167919.85, "trend": 16.868667, "fair_value": 15.496731, "relative_strength": 13.822502, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 32.465635, "energy": 29.103363, "activity_lines": [ 17.043334, 16.056546, 15.819191, 16.277269 ] }, { "date": "2026-04-24", "close": 19.290001, "volume": 710815461, "typical_volume": 321383313.65, "trend": 16.925333, "fair_value": 15.582885, "relative_strength": 15.954408, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.544061, "energy": 42.83286, "activity_lines": [ 17.973334, 16.743455, 16.116381, 16.433484 ] }, { "date": "2026-05-01", "close": 19.719999, "volume": 449579310, "typical_volume": 334109378.4, "trend": 16.964333, "fair_value": 15.670833, "relative_strength": 17.271818, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.075498, "energy": 60.233785, "activity_lines": [ 18.851334, 17.429637, 16.452762, 16.613785 ] }, { "date": "2026-05-08", "close": 19.08, "volume": 678421864, "typical_volume": 360652029.7, "trend": 16.984667, "fair_value": 15.756603, "relative_strength": 11.903938, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.740782, "energy": 59.062324, "activity_lines": [ 19.183333, 17.907455, 16.721191, 16.75028 ] }, { "date": "2026-05-15", "close": 19.540001, "volume": 999335640, "typical_volume": 405478994.7, "trend": 17.039, "fair_value": 15.845321, "relative_strength": 16.476891, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.303046, "energy": 56.569267, "activity_lines": [ 19.397334, 18.399273, 17.028, 16.91514 ] }, { "date": "2026-05-22", "close": 18.76, "volume": 572377041, "typical_volume": 425036656.75, "trend": 17.065667, "fair_value": 15.92968, "relative_strength": 10.92841, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.079507, "energy": 34.173478, "activity_lines": [ 19.195334, 18.646, 17.249905, 17.026172 ] }, { "date": "2026-05-29", "close": 21.870001, "volume": 1154188740, "typical_volume": 476259959.45, "trend": 17.194, "fair_value": 16.03141, "relative_strength": 29.211427, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.688363, "energy": 49.290445, "activity_lines": [ 20.059334, 19.369819, 17.762905, 17.336129 ] }, { "date": "2026-06-05", "close": 19.030001, "volume": 90972171, "typical_volume": 475060281.5, "trend": 17.241334, "fair_value": 16.113333, "relative_strength": 12.805771, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.570849, "energy": 38.296305, "activity_lines": [ 19.804667, 19.477091, 17.981524, 17.454581 ] }, { "date": "2026-06-12", "close": 18.389999, "volume": 78141805, "typical_volume": 468343814.05, "trend": 17.262334, "fair_value": 16.190833, "relative_strength": 7.647223, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.361037, "energy": 28.657687, "activity_lines": [ 19.382667, 19.389818, 18.125905, 17.528688 ] }, { "date": "2026-06-19", "close": 18.059999, "volume": 44890371, "typical_volume": 460489796.55, "trend": 17.197334, "fair_value": 16.268462, "relative_strength": 3.824373, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.123865, "energy": 25.635073, "activity_lines": [ 18.896666, 19.181091, 18.221524, 17.580151 ] }, { "date": "2026-06-26", "close": 17.940001, "volume": 0, "typical_volume": 449939026.9, "trend": 17.169, "fair_value": 16.344038, "relative_strength": 2.842012, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.083391, "energy": 20.502999, "activity_lines": [ 18.469333, 18.934909, 18.292048, 17.628065 ] }, { "date": "2026-07-03", "close": 17.799999, "volume": 33531079, "typical_volume": 444612920.8, "trend": 17.131667, "fair_value": 16.418077, "relative_strength": 1.165378, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.104394, "energy": 20.786126, "activity_lines": [ 18.05, 18.686182, 18.335857, 17.668774 ] }, { "date": "2026-07-10", "close": 17.02, "volume": 226378315, "typical_volume": 451446135.0, "trend": 17.090667, "fair_value": 16.488397, "relative_strength": -2.399943, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.132219, "energy": 16.861162, "activity_lines": [ 17.642, 18.322727, 18.29181, 17.66157 ] }, { "date": "2026-07-17", "close": 16.870001, "volume": 222813915, "typical_volume": 452975742.45, "trend": 17.055, "fair_value": 16.558397, "relative_strength": -3.192102, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.478558, "energy": 15.567663, "activity_lines": [ 17.318, 17.981091, 18.222238, 17.647334 ] }, { "date": "2026-07-24", "close": 16.950001, "volume": 401671698, "typical_volume": 467011067.05, "trend": 17.043, "fair_value": 16.62891, "relative_strength": -0.15334, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.704521, "energy": 16.50562, "activity_lines": [ 17.122001, 17.694182, 18.152572, 17.640559 ] }, { "date": "2026-07-31", "close": 18.290001, "volume": 407420635, "typical_volume": 476189579.85, "trend": 17.063, "fair_value": 16.703846, "relative_strength": 5.215268, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.505465, "energy": 13.890188, "activity_lines": [ 17.446667, 17.698, 18.19581, 17.721011 ] }, { "date": "2026-08-07", "close": 17.940001, "volume": 468278421, "typical_volume": 429688642.5, "trend": 17.099334, "fair_value": 16.77109, "relative_strength": 2.571947, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.212475, "energy": 9.588972, "activity_lines": [ 17.631334, 17.646728, 18.18481, 17.777592 ] } ], "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." } } }