{ "ticker": { "uuid": "fff63bbb-3119-4cee-a598-2c357c93b948", "symbol": "PRSMJOHNSN", "name": "Prism Johnson 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": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -63.761, "architecture_energy": 62.415, "architecture_maturity": 24.643, "architecture_confidence": 79.278, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 5.58, "rotation_up": 13.33, "upward_expansion": 12.1, "deceleration": 42.19, "rotation_down": 70.02, "downward_expansion": 87.77 }, "activity_lines": [ 109.217332, 111.698362, 116.528046, 119.092752 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 111.559998, "trend_reference": 121.661999, "distance_from_trend": -0.083033, "trend_direction": "Weakening", "fair_value": 150.317372, "distance_from_fair_value": -0.257837, "fair_value_direction": "Weakening", "relative_strength": -14.707355, "relative_strength_direction": "Weakening", "price_momentum": -0.082113, "excess_performance": -0.038404, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.083033, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.059811, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.257837, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.130151, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.147074, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.117437, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.082113, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 6.487011, "read": "Demand-led" } ], "volume": { "latest": 49441794, "relative_activity": 9.491477, "balance": 6.487011, "dry_up": 2.460819, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.064629, "annualized_volatility": 0.195266, "from_high_reference": -0.366136, "from_low_reference": 0.082266 }, "levels": { "trend_reference": 121.661999, "fair_value_reference": 150.317372, "structural_low": 103.080002, "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": 23, "median_return": 0.001606, "positive_rate": 0.521739, "directional_follow_through": 0.478261, "median_excess_return": 0.025596, "regime_survival": 0.73913, "best_return": 0.187686, "worst_return": -0.191749, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.105614, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": 0.066884, "regime_survival": 0.375, "best_return": 0.236985, "worst_return": -0.136741, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.100215, "positive_rate": 0.833333, "directional_follow_through": 0.166667, "median_excess_return": 0.049456, "regime_survival": 0.166667, "best_return": 0.283873, "worst_return": -0.098356, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.004861, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": 0.004143, "regime_survival": 0.25, "best_return": 0.693556, "worst_return": -0.106762, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-20", "end": "2024-10-25", "tenure": "Developing", "return": -0.129908, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-01", "end": "2025-01-03", "tenure": "Developing", "return": -0.113849, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": -0.090585, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-31", "end": "2025-05-23", "tenure": "Established", "return": 0.020203, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-13", "tenure": "New", "return": 0.057291, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-07-18", "tenure": "Developing", "return": 0.076934, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-08-08", "tenure": "New", "return": -0.069082, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-09-19", "tenure": "Developing", "return": 0.172269, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-10-31", "tenure": "Developing", "return": -0.073546, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2025-11-21", "tenure": "New", "return": -0.012468, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": -0.026896, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-04-24", "tenure": "Established", "return": 0.027151, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-06-05", "tenure": "Developing", "return": -0.108562, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": -0.053694, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 128.199997, "volume": 962469, "typical_volume": 2774616.25, "trend": 117.443333, "fair_value": 114.95641, "relative_strength": 1.49941, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.359279, "energy": 29.047536, "activity_lines": [ 127.423331, 127.218182, 125.871905, 122.551398 ] }, { "date": "2023-08-25", "close": 130.949997, "volume": 1175108, "typical_volume": 2773624.05, "trend": 118.451666, "fair_value": 115.432051, "relative_strength": 4.057355, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.185642, "energy": 35.491054, "activity_lines": [ 129.019997, 127.848181, 126.559286, 123.422796 ] }, { "date": "2023-09-01", "close": 130.75, "volume": 1304816, "typical_volume": 2809921.8, "trend": 119.36, "fair_value": 115.939102, "relative_strength": 3.129135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.440071, "energy": 38.26416, "activity_lines": [ 129.963331, 128.40909, 127.140715, 124.216237 ] }, { "date": "2023-09-08", "close": 142.199997, "volume": 6588923, "typical_volume": 2566804.15, "trend": 120.613333, "fair_value": 116.510577, "relative_strength": 9.966402, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.098003, "energy": 65.484603, "activity_lines": [ 134.293331, 130.981817, 128.730476, 125.689785 ] }, { "date": "2023-09-15", "close": 133.300003, "volume": 1741983, "typical_volume": 2577532.4, "trend": 121.566667, "fair_value": 116.986218, "relative_strength": 1.417502, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.621113, "energy": 54.837529, "activity_lines": [ 134.51, 131.702726, 129.374524, 126.50828 ] }, { "date": "2023-09-22", "close": 128.0, "volume": 819757, "typical_volume": 2578538.9, "trend": 122.331667, "fair_value": 117.445513, "relative_strength": 0.181451, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.016883, "energy": 35.983294, "activity_lines": [ 132.816667, 131.447272, 129.470238, 126.923333 ] }, { "date": "2023-09-29", "close": 131.0, "volume": 860190, "typical_volume": 2536326.7, "trend": 123.183333, "fair_value": 117.91859, "relative_strength": 3.031618, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.770157, "energy": 31.838809, "activity_lines": [ 132.136667, 131.701817, 129.828333, 127.482581 ] }, { "date": "2023-10-06", "close": 130.0, "volume": 610010, "typical_volume": 2531621.4, "trend": 123.943333, "fair_value": 118.335256, "relative_strength": 2.393879, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.852339, "energy": 16.787457, "activity_lines": [ 131.12, 131.613636, 130.022143, 127.922366 ] }, { "date": "2023-10-13", "close": 130.100006, "volume": 981205, "typical_volume": 2546406.0, "trend": 124.805, "fair_value": 118.739743, "relative_strength": 2.149635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.854734, "energy": 15.985039, "activity_lines": [ 130.186669, 131.440001, 130.16262, 128.31957 ] }, { "date": "2023-10-20", "close": 128.0, "volume": 1159329, "typical_volume": 2537260.25, "trend": 125.476667, "fair_value": 119.086218, "relative_strength": 1.711084, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.007222, "energy": 12.874559, "activity_lines": [ 129.360002, 130.791819, 130.047858, 128.525699 ] }, { "date": "2023-10-27", "close": 135.850006, "volume": 17793934, "typical_volume": 3026862.85, "trend": 126.493334, "fair_value": 119.498077, "relative_strength": 10.677319, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.228419, "energy": 18.183191, "activity_lines": [ 131.503337, 131.628184, 130.657382, 129.194947 ] }, { "date": "2023-11-03", "close": 145.600006, "volume": 9138790, "typical_volume": 3347598.55, "trend": 127.590001, "fair_value": 119.95032, "relative_strength": 17.315409, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.882586, "energy": 46.112337, "activity_lines": [ 136.373338, 134.098185, 132.166906, 130.427636 ] }, { "date": "2023-11-10", "close": 153.300003, "volume": 5669947, "typical_volume": 3513130.75, "trend": 128.916668, "fair_value": 120.411218, "relative_strength": 21.820088, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.186988, "energy": 72.520121, "activity_lines": [ 142.836671, 137.701821, 134.33143, 132.086345 ] }, { "date": "2023-11-17", "close": 165.350006, "volume": 5887746, "typical_volume": 3766385.85, "trend": 130.375001, "fair_value": 120.958013, "relative_strength": 28.604966, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.256024, "energy": 86.513703, "activity_lines": [ 151.763338, 143.086367, 137.517859, 134.436883 ] }, { "date": "2023-11-24", "close": 163.75, "volume": 4911419, "typical_volume": 3856692.25, "trend": 131.695001, "fair_value": 121.482372, "relative_strength": 26.356645, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.744695, "energy": 87.22797, "activity_lines": [ 157.80667, 147.759094, 140.380478, 136.590109 ] }, { "date": "2023-12-01", "close": 180.75, "volume": 6235599, "typical_volume": 3879559.2, "trend": 133.616668, "fair_value": 122.078205, "relative_strength": 35.391131, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.559745, "energy": 95.406856, "activity_lines": [ 167.133335, 154.969094, 144.713811, 139.754948 ] }, { "date": "2023-12-08", "close": 181.550003, "volume": 4306598, "typical_volume": 4038452.6, "trend": 135.785001, "fair_value": 122.685577, "relative_strength": 30.666745, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.748085, "energy": 93.354739, "activity_lines": [ 173.733335, 161.365457, 148.862859, 142.847421 ] }, { "date": "2023-12-15", "close": 181.399994, "volume": 2741041, "typical_volume": 4047645.0, "trend": 137.938334, "fair_value": 123.276603, "relative_strength": 26.822291, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.836461, "energy": 90.845103, "activity_lines": [ 177.886666, 166.815456, 152.714763, 145.790324 ] }, { "date": "2023-12-22", "close": 181.0, "volume": 2751668, "typical_volume": 3943377.2, "trend": 140.021668, "fair_value": 123.867949, "relative_strength": 26.127734, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.133154, "energy": 86.575625, "activity_lines": [ 180.033332, 171.258183, 156.256668, 148.568496 ] }, { "date": "2023-12-29", "close": 183.75, "volume": 1936556, "typical_volume": 3878854.4, "trend": 142.043334, "fair_value": 124.476923, "relative_strength": 24.831825, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.965938, "energy": 76.247018, "activity_lines": [ 182.053333, 175.275455, 159.793811, 151.389678 ] }, { "date": "2024-01-05", "close": 183.800003, "volume": 2461089, "typical_volume": 3953785.4, "trend": 143.841668, "fair_value": 125.08782, "relative_strength": 24.090748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.661851, "energy": 64.922535, "activity_lines": [ 182.756667, 178.288182, 163.085239, 154.083657 ] }, { "date": "2024-01-12", "close": 186.600006, "volume": 1702894, "typical_volume": 3980174.7, "trend": 145.756668, "fair_value": 125.745192, "relative_strength": 23.966635, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.647966, "energy": 63.770858, "activity_lines": [ 184.190002, 180.938183, 166.378573, 156.84226 ] }, { "date": "2024-01-19", "close": 182.649994, "volume": 2940185, "typical_volume": 4061943.15, "trend": 147.615001, "fair_value": 126.378205, "relative_strength": 22.028417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.552755, "energy": 57.091781, "activity_lines": [ 183.97, 182.124546, 169.030715, 159.222474 ] }, { "date": "2024-01-26", "close": 168.149994, "volume": 1293471, "typical_volume": 3797170.55, "trend": 148.908334, "fair_value": 126.873077, "relative_strength": 13.083536, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.217556, "energy": 42.228986, "activity_lines": [ 178.833331, 180.140908, 170.054762, 160.547312 ] }, { "date": "2024-02-02", "close": 170.199997, "volume": 3207666, "typical_volume": 3870454.7, "trend": 150.161667, "fair_value": 127.33782, "relative_strength": 11.225511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.922477, "energy": 31.026646, "activity_lines": [ 175.236664, 178.479089, 171.150476, 161.920968 ] }, { "date": "2024-02-09", "close": 183.0, "volume": 25928177, "typical_volume": 5125875.7, "trend": 152.06, "fair_value": 127.766346, "relative_strength": 19.149454, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.963769, "energy": 28.184653, "activity_lines": [ 176.809998, 179.027271, 173.289524, 164.03957 ] }, { "date": "2024-02-16", "close": 172.449997, "volume": 3906682, "typical_volume": 5278200.3, "trend": 153.736667, "fair_value": 128.176923, "relative_strength": 10.366294, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.429865, "energy": 21.429045, "activity_lines": [ 174.919997, 177.616362, 174.161904, 165.355054 ] }, { "date": "2024-02-23", "close": 170.449997, "volume": 917906, "typical_volume": 5293595.1, "trend": 155.275, "fair_value": 128.601923, "relative_strength": 7.756707, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.629761, "energy": 18.245874, "activity_lines": [ 173.306664, 176.007271, 174.646428, 166.433333 ] }, { "date": "2024-03-01", "close": 171.350006, "volume": 860235, "typical_volume": 5287546.6, "trend": 156.82, "fair_value": 128.955449, "relative_strength": 7.228786, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.650852, "energy": 15.212538, "activity_lines": [ 172.806667, 174.760908, 175.024047, 167.47043 ] }, { "date": "2024-03-08", "close": 170.199997, "volume": 3486511, "typical_volume": 5403905.7, "trend": 158.121667, "fair_value": 129.319231, "relative_strength": 5.376619, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.289028, "energy": 14.092778, "activity_lines": [ 171.71, 173.480908, 175.095714, 168.333656 ] }, { "date": "2024-03-15", "close": 169.050003, "volume": 1675036, "typical_volume": 4597960.8, "trend": 159.483334, "fair_value": 129.666026, "relative_strength": 6.448931, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.793256, "energy": 13.022682, "activity_lines": [ 170.230001, 172.238181, 174.856904, 169.03871 ] }, { "date": "2024-03-22", "close": 171.449997, "volume": 904975, "typical_volume": 4186270.05, "trend": 160.833334, "fair_value": 129.955449, "relative_strength": 7.202913, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.232607, "energy": 11.054935, "activity_lines": [ 170.48, 171.699999, 174.688571, 169.810753 ] }, { "date": "2024-03-29", "close": 178.600006, "volume": 4029565, "typical_volume": 4104250.95, "trend": 162.428334, "fair_value": 130.241026, "relative_strength": 9.958388, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.445639, "energy": 16.41834, "activity_lines": [ 173.180002, 172.737273, 175.078095, 170.95699 ] }, { "date": "2024-04-05", "close": 185.399994, "volume": 3585813, "typical_volume": 3989154.3, "trend": 163.868334, "fair_value": 130.583654, "relative_strength": 12.652516, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.728528, "energy": 28.133914, "activity_lines": [ 177.603333, 175.084545, 175.994761, 172.439032 ] }, { "date": "2024-04-12", "close": 175.0, "volume": 921477, "typical_volume": 3789657.2, "trend": 165.258334, "fair_value": 130.903205, "relative_strength": 5.914972, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 36.322146, "energy": 24.121977, "activity_lines": [ 177.623333, 175.227272, 175.825476, 173.157204 ] }, { "date": "2024-04-19", "close": 166.949997, "volume": 663414, "typical_volume": 3511047.95, "trend": 166.556667, "fair_value": 131.172436, "relative_strength": 2.570229, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.069321, "energy": 13.76574, "activity_lines": [ 174.639998, 173.81909, 174.835952, 173.266344 ] }, { "date": "2024-04-26", "close": 166.100006, "volume": 1367272, "typical_volume": 3364081.65, "trend": 167.726667, "fair_value": 131.402243, "relative_strength": 0.664411, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.246129, "energy": 4.017895, "activity_lines": [ 171.513334, 172.548182, 173.83119, 173.236882 ] }, { "date": "2024-05-03", "close": 160.649994, "volume": 770171, "typical_volume": 3265538.15, "trend": 168.748334, "fair_value": 131.583333, "relative_strength": -2.965617, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.786168, "energy": 31.787271, "activity_lines": [ 166.926665, 170.401817, 172.380952, 172.780322 ] }, { "date": "2024-05-10", "close": 150.399994, "volume": 3603362, "typical_volume": 3308122.85, "trend": 169.425, "fair_value": 131.656731, "relative_strength": -7.53474, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -50.750026, "energy": 64.160887, "activity_lines": [ 160.119997, 166.569998, 170.053332, 171.596558 ] }, { "date": "2024-05-17", "close": 143.550003, "volume": 2836872, "typical_volume": 3353138.65, "trend": 169.943333, "fair_value": 131.685256, "relative_strength": -13.354185, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.745161, "energy": 83.935208, "activity_lines": [ 153.363332, 161.873635, 167.219047, 169.927204 ] }, { "date": "2024-05-24", "close": 149.25, "volume": 3040163, "typical_volume": 3382092.35, "trend": 170.39, "fair_value": 131.811218, "relative_strength": -11.862425, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.710369, "energy": 80.069696, "activity_lines": [ 150.603333, 158.698181, 165.119047, 168.59215 ] }, { "date": "2024-05-31", "close": 149.949997, "volume": 3102626, "typical_volume": 3452078.95, "trend": 170.535, "fair_value": 131.897436, "relative_strength": -9.776385, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.253674, "energy": 77.374856, "activity_lines": [ 149.256665, 156.009999, 163.250237, 167.27344 ] }, { "date": "2024-06-07", "close": 162.649994, "volume": 1700011, "typical_volume": 3390070.25, "trend": 170.846666, "fair_value": 132.094551, "relative_strength": -5.323326, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.834861, "energy": 47.342368, "activity_lines": [ 153.219997, 156.021816, 162.765475, 166.76473 ] }, { "date": "2024-06-14", "close": 162.369995, "volume": 3122963, "typical_volume": 3481544.85, "trend": 170.747332, "fair_value": 132.310705, "relative_strength": -6.207476, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.585754, "energy": 29.021383, "activity_lines": [ 156.956663, 156.272725, 162.349284, 166.217848 ] }, { "date": "2024-06-21", "close": 170.75, "volume": 3100712, "typical_volume": 3476197.15, "trend": 170.980666, "fair_value": 132.565192, "relative_strength": -1.635521, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.113312, "energy": 17.822814, "activity_lines": [ 162.688664, 158.465998, 162.758713, 166.21802 ] }, { "date": "2024-06-28", "close": 175.080002, "volume": 10043487, "typical_volume": 2681962.65, "trend": 170.791666, "fair_value": 132.826602, "relative_strength": -1.42273, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.896724, "energy": 19.541665, "activity_lines": [ 168.050665, 161.523817, 163.577903, 166.482493 ] }, { "date": "2024-07-05", "close": 166.580002, "volume": 2434773, "typical_volume": 2608367.2, "trend": 170.292666, "fair_value": 133.045705, "relative_strength": -7.41387, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.393773, "energy": 21.784195, "activity_lines": [ 168.857333, 162.888363, 163.625285, 166.210773 ] }, { "date": "2024-07-12", "close": 171.050003, "volume": 4653255, "typical_volume": 2795134.65, "trend": 169.947666, "fair_value": 133.249231, "relative_strength": -5.753123, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.726267, "energy": 21.150656, "activity_lines": [ 170.045335, 165.056909, 164.126333, 166.259634 ] }, { "date": "2024-07-19", "close": 156.100006, "volume": 2092212, "typical_volume": 2856733.5, "trend": 169.117666, "fair_value": 133.338013, "relative_strength": -14.130693, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.727417, "energy": 14.264349, "activity_lines": [ 165.690003, 164.318183, 163.200714, 165.366236 ] }, { "date": "2024-07-26", "close": 159.660004, "volume": 1488547, "typical_volume": 2756835.3, "trend": 168.314666, "fair_value": 133.477179, "relative_strength": -13.270208, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.29998, "energy": 15.294551, "activity_lines": [ 162.939337, 164.123093, 162.686762, 164.756064 ] }, { "date": "2024-08-02", "close": 163.970001, "volume": 1441996, "typical_volume": 2745183.3, "trend": 167.653666, "fair_value": 133.632115, "relative_strength": -10.559941, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.139413, "energy": 15.525668, "activity_lines": [ 162.36467, 164.418729, 162.633477, 164.475763 ] }, { "date": "2024-08-09", "close": 165.949997, "volume": 2000375, "typical_volume": 2799953.3, "trend": 166.965333, "fair_value": 133.838526, "relative_strength": -8.193249, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.120621, "energy": 16.184353, "activity_lines": [ 163.190668, 164.806729, 162.792953, 164.365849 ] }, { "date": "2024-08-16", "close": 155.919998, "volume": 1759481, "typical_volume": 2686449.1, "trend": 166.074333, "fair_value": 134.03609, "relative_strength": -14.288933, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.064154, "energy": 22.394803, "activity_lines": [ 160.715333, 163.080183, 162.023381, 163.653247 ] }, { "date": "2024-08-23", "close": 167.740005, "volume": 3724148, "typical_volume": 2693365.85, "trend": 166.060666, "fair_value": 134.3075, "relative_strength": -8.829489, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.667173, "energy": 9.142579, "activity_lines": [ 163.188668, 163.625093, 162.487524, 163.76071 ] }, { "date": "2024-08-30", "close": 164.809998, "volume": 3258676, "typical_volume": 2810225.8, "trend": 165.881, "fair_value": 134.543141, "relative_strength": -11.842136, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.474483, "energy": 5.789609, "activity_lines": [ 163.909333, 163.539637, 162.756715, 163.680022 ] }, { "date": "2024-09-06", "close": 179.25, "volume": 19995711, "typical_volume": 3776840.65, "trend": 165.756, "fair_value": 134.890577, "relative_strength": -2.647169, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.398528, "energy": 23.7023, "activity_lines": [ 169.1, 166.187637, 164.449667, 164.542538 ] }, { "date": "2024-09-13", "close": 211.589996, "volume": 162655879, "typical_volume": 11841271.0, "trend": 167.060666, "fair_value": 135.458141, "relative_strength": 12.124025, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 81.877826, "energy": 69.072111, "activity_lines": [ 184.051999, 174.639818, 169.164048, 167.49957 ] }, { "date": "2024-09-20", "close": 219.539993, "volume": 33090725, "typical_volume": 13457298.7, "trend": 168.697, "fair_value": 136.084038, "relative_strength": 13.787218, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.851047, "energy": 79.502597, "activity_lines": [ 198.61133, 183.719089, 174.418952, 170.885333 ] }, { "date": "2024-09-27", "close": 206.210007, "volume": 108797336, "typical_volume": 18716997.4, "trend": 169.859, "fair_value": 136.606859, "relative_strength": 4.968751, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.649268, "energy": 76.652846, "activity_lines": [ 204.486, 189.49309, 178.123905, 173.305527 ] }, { "date": "2024-10-04", "close": 201.820007, "volume": 17658537, "typical_volume": 19458080.65, "trend": 170.913, "fair_value": 137.113718, "relative_strength": 7.117019, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.674278, "energy": 75.488007, "activity_lines": [ 206.332669, 193.557819, 181.145001, 175.367527 ] }, { "date": "2024-10-11", "close": 197.0, "volume": 13504472, "typical_volume": 19981296.1, "trend": 171.844667, "fair_value": 137.582308, "relative_strength": 4.421919, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.968843, "energy": 61.303402, "activity_lines": [ 204.105335, 195.979637, 183.429572, 177.050559 ] }, { "date": "2024-10-18", "close": 186.779999, "volume": 4772042, "typical_volume": 20064766.9, "trend": 172.355667, "fair_value": 138.003013, "relative_strength": -0.800003, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.034796, "energy": 35.179733, "activity_lines": [ 197.288002, 195.942728, 184.513429, 178.014129 ] }, { "date": "2024-10-25", "close": 191.020004, "volume": 5806918, "typical_volume": 20270112.25, "trend": 172.769667, "fair_value": 138.463397, "relative_strength": 4.073809, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.529158, "energy": 23.410047, "activity_lines": [ 193.538002, 196.298001, 185.825715, 179.21828 ] }, { "date": "2024-11-01", "close": 192.360001, "volume": 2636076, "typical_volume": 20245767.9, "trend": 173.001667, "fair_value": 138.903205, "relative_strength": 4.180492, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.652517, "energy": 18.679314, "activity_lines": [ 192.136002, 196.258729, 187.130525, 180.482173 ] }, { "date": "2024-11-08", "close": 189.960007, "volume": 2070836, "typical_volume": 20194274.1, "trend": 173.500334, "fair_value": 139.245256, "relative_strength": 3.552576, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.499613, "energy": 18.456787, "activity_lines": [ 190.857337, 195.335457, 188.063954, 181.576259 ] }, { "date": "2024-11-15", "close": 184.300003, "volume": 5908900, "typical_volume": 19987544.75, "trend": 174.078667, "fair_value": 139.603269, "relative_strength": 3.238151, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.637603, "energy": 16.206972, "activity_lines": [ 188.48267, 192.925821, 188.366859, 182.273012 ] }, { "date": "2024-11-22", "close": 182.149994, "volume": 1125036, "typical_volume": 19922057.9, "trend": 174.613667, "fair_value": 139.994295, "relative_strength": 0.601882, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.808332, "energy": 14.646786, "activity_lines": [ 186.238001, 190.033456, 188.421096, 182.793743 ] }, { "date": "2024-11-29", "close": 188.449997, "volume": 6342629, "typical_volume": 20006526.6, "trend": 175.540334, "fair_value": 140.396538, "relative_strength": 3.406984, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.381934, "energy": 10.528171, "activity_lines": [ 186.401999, 188.821819, 189.001191, 183.686409 ] }, { "date": "2024-12-06", "close": 192.419998, "volume": 2746730, "typical_volume": 20039252.5, "trend": 176.941, "fair_value": 140.783525, "relative_strength": 3.473069, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.112622, "energy": 10.964609, "activity_lines": [ 188.060665, 188.897273, 189.876524, 184.77542 ] }, { "date": "2024-12-13", "close": 193.130005, "volume": 5780421, "typical_volume": 20253846.2, "trend": 178.593667, "fair_value": 141.194295, "relative_strength": 3.64913, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.078604, "energy": 16.029274, "activity_lines": [ 189.952, 189.352546, 190.646525, 185.819872 ] }, { "date": "2024-12-20", "close": 174.899994, "volume": 1847864, "typical_volume": 20274139.6, "trend": 179.448667, "fair_value": 141.493974, "relative_strength": -1.167045, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.536701, "energy": 2.813969, "activity_lines": [ 185.555331, 186.651272, 189.520953, 185.58157 ] }, { "date": "2024-12-27", "close": 170.610001, "volume": 1084537, "typical_volume": 20228347.7, "trend": 180.137334, "fair_value": 141.755256, "relative_strength": -4.188738, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -7.648089, "energy": 25.737239, "activity_lines": [ 180.355333, 183.571818, 187.934762, 185.011334 ] }, { "date": "2025-01-03", "close": 170.460007, "volume": 1037542, "typical_volume": 20192250.75, "trend": 180.397667, "fair_value": 141.989295, "relative_strength": -4.701567, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.761246, "energy": 45.815682, "activity_lines": [ 175.874669, 180.759092, 186.312096, 184.38699 ] }, { "date": "2025-01-10", "close": 151.240005, "volume": 1044962, "typical_volume": 20058291.45, "trend": 180.026668, "fair_value": 142.005897, "relative_strength": -12.913417, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.112984, "energy": 67.343748, "activity_lines": [ 166.18667, 174.825638, 182.789716, 182.505851 ] }, { "date": "2025-01-17", "close": 152.460007, "volume": 8537024, "typical_volume": 20322208.85, "trend": 179.417001, "fair_value": 142.038013, "relative_strength": -10.913366, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.963808, "energy": 73.28852, "activity_lines": [ 159.650671, 169.861639, 179.462097, 180.727356 ] }, { "date": "2025-01-24", "close": 137.539993, "volume": 1250184, "typical_volume": 19384932.5, "trend": 178.165668, "fair_value": 142.02609, "relative_strength": -18.839183, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -88.265547, "energy": 91.553117, "activity_lines": [ 150.852668, 162.866728, 174.772334, 178.025614 ] }, { "date": "2025-01-31", "close": 141.070007, "volume": 1692620, "typical_volume": 11336769.55, "trend": 177.315335, "fair_value": 142.056026, "relative_strength": -17.845165, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.484016, "energy": 88.654294, "activity_lines": [ 145.722003, 157.363821, 170.617383, 175.632345 ] }, { "date": "2025-02-07", "close": 133.669998, "volume": 4658079, "typical_volume": 9915137.25, "trend": 176.069334, "fair_value": 142.098782, "relative_strength": -21.763185, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.55544, "energy": 88.918451, "activity_lines": [ 140.094001, 151.262365, 166.093478, 172.816517 ] }, { "date": "2025-02-14", "close": 119.010002, "volume": 2264518, "typical_volume": 4588496.35, "trend": 174.833001, "fair_value": 142.098526, "relative_strength": -27.924248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.840131, "energy": 92.588937, "activity_lines": [ 132.032001, 143.491456, 160.582287, 169.13527 ] }, { "date": "2025-02-21", "close": 122.120003, "volume": 1736640, "typical_volume": 3792401.5, "trend": 173.581668, "fair_value": 142.125257, "relative_strength": -25.145049, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.190362, "energy": 83.750384, "activity_lines": [ 127.155335, 137.620729, 155.782525, 165.734431 ] }, { "date": "2025-02-28", "close": 114.019997, "volume": 1061904, "typical_volume": 3170273.1, "trend": 171.916667, "fair_value": 142.124423, "relative_strength": -27.499424, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.9527, "energy": 89.232914, "activity_lines": [ 121.601334, 131.568365, 150.590858, 161.891743 ] }, { "date": "2025-03-07", "close": 129.660004, "volume": 3328277, "typical_volume": 3098084.85, "trend": 170.707001, "fair_value": 142.147564, "relative_strength": -18.718872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.880342, "energy": 69.702415, "activity_lines": [ 122.828668, 129.466547, 147.283859, 159.165507 ] }, { "date": "2025-03-14", "close": 122.550003, "volume": 1384946, "typical_volume": 2876986.25, "trend": 169.594668, "fair_value": 142.124167, "relative_strength": -22.176899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.62616, "energy": 62.186142, "activity_lines": [ 122.446669, 126.816547, 143.571716, 156.058604 ] }, { "date": "2025-03-21", "close": 126.839996, "volume": 933106, "typical_volume": 2791837.75, "trend": 168.231334, "fair_value": 142.191731, "relative_strength": -22.245799, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.07903, "energy": 57.602516, "activity_lines": [ 124.236, 125.817637, 140.594191, 153.300238 ] }, { "date": "2025-03-28", "close": 135.419998, "volume": 4179245, "typical_volume": 2897258.2, "trend": 167.251668, "fair_value": 142.288333, "relative_strength": -17.070805, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.106408, "energy": 40.801706, "activity_lines": [ 128.363333, 126.822364, 138.74581, 151.183377 ] }, { "date": "2025-04-04", "close": 131.149994, "volume": 1313725, "typical_volume": 2667499.45, "trend": 165.648334, "fair_value": 142.320705, "relative_strength": -16.952411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.516061, "energy": 35.05493, "activity_lines": [ 130.180664, 127.360544, 136.750476, 148.854237 ] }, { "date": "2025-04-11", "close": 130.929993, "volume": 836133, "typical_volume": 2653054.3, "trend": 162.959667, "fair_value": 142.346538, "relative_strength": -16.341063, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.620652, "energy": 29.092894, "activity_lines": [ 130.782662, 127.974907, 134.987285, 146.614344 ] }, { "date": "2025-04-18", "close": 134.570007, "volume": 386827, "typical_volume": 2355264.2, "trend": 160.127334, "fair_value": 142.46109, "relative_strength": -17.263393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.025576, "energy": 24.616526, "activity_lines": [ 132.513332, 129.435454, 133.814667, 144.782753 ] }, { "date": "2025-04-25", "close": 130.130005, "volume": 1179484, "typical_volume": 2276901.9, "trend": 157.591334, "fair_value": 142.563846, "relative_strength": -20.168675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.001192, "energy": 25.693709, "activity_lines": [ 131.962668, 130.072364, 132.475762, 142.847441 ] }, { "date": "2025-05-02", "close": 121.779999, "volume": 579145, "typical_volume": 2016838.1, "trend": 154.923334, "fair_value": 142.63968, "relative_strength": -25.782647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.062267, "energy": 37.595343, "activity_lines": [ 128.409334, 128.988909, 130.638238, 140.537033 ] }, { "date": "2025-05-09", "close": 121.160004, "volume": 815504, "typical_volume": 1965220.1, "trend": 152.395334, "fair_value": 142.682051, "relative_strength": -24.738112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.024612, "energy": 41.467655, "activity_lines": [ 125.558669, 127.79891, 129.081429, 138.358753 ] }, { "date": "2025-05-16", "close": 142.559998, "volume": 4429271, "typical_volume": 2132456.8, "trend": 150.921334, "fair_value": 142.877308, "relative_strength": -14.85717, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.372783, "energy": 18.511887, "activity_lines": [ 130.507335, 130.37, 129.818619, 137.724216 ] }, { "date": "2025-05-23", "close": 143.919998, "volume": 1424786, "typical_volume": 2151819.0, "trend": 149.351334, "fair_value": 143.109487, "relative_strength": -13.291538, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.644001, "energy": 7.364872, "activity_lines": [ 135.134, 132.953818, 130.818905, 137.272516 ] }, { "date": "2025-05-30", "close": 144.699997, "volume": 1318994, "typical_volume": 2165520.6, "trend": 147.762667, "fair_value": 143.340577, "relative_strength": -12.25633, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.156249, "energy": 14.143898, "activity_lines": [ 139.397332, 135.290909, 132.019857, 136.97243 ] }, { "date": "2025-06-06", "close": 137.960007, "volume": 868679, "typical_volume": 1782103.35, "trend": 146.029334, "fair_value": 143.526218, "relative_strength": -16.835815, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.092528, "energy": 21.880208, "activity_lines": [ 140.442668, 136.077819, 132.610048, 136.340001 ] }, { "date": "2025-06-13", "close": 152.990005, "volume": 17223165, "typical_volume": 2580752.4, "trend": 144.985667, "fair_value": 143.863333, "relative_strength": -6.516383, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.888162, "energy": 43.431199, "activity_lines": [ 145.419336, 139.551275, 134.700715, 136.789076 ] }, { "date": "2025-06-20", "close": 147.529999, "volume": 1840198, "typical_volume": 2588131.3, "trend": 143.831667, "fair_value": 144.140769, "relative_strength": -10.906408, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.518751, "energy": 38.664673, "activity_lines": [ 146.454002, 141.634911, 136.19781, 136.953227 ] }, { "date": "2025-06-27", "close": 155.25, "volume": 1245388, "typical_volume": 2417496.75, "trend": 142.725001, "fair_value": 144.446539, "relative_strength": -7.833336, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.394095, "energy": 49.558376, "activity_lines": [ 149.730668, 144.820365, 138.399382, 137.689893 ] }, { "date": "2025-07-04", "close": 159.360001, "volume": 8270238, "typical_volume": 2717782.75, "trend": 141.623001, "fair_value": 144.745641, "relative_strength": -4.571781, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.819482, "energy": 59.150463, "activity_lines": [ 153.622001, 148.377092, 140.88962, 138.763119 ] }, { "date": "2025-07-11", "close": 157.100006, "volume": 1167793, "typical_volume": 2689340.4, "trend": 140.422001, "fair_value": 145.048205, "relative_strength": -4.555697, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.543681, "energy": 57.898967, "activity_lines": [ 155.782669, 150.991457, 142.972477, 139.761635 ] }, { "date": "2025-07-18", "close": 158.880005, "volume": 1326348, "typical_volume": 2702562.6, "trend": 139.888001, "fair_value": 145.33141, "relative_strength": -2.772767, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.611078, "energy": 69.486535, "activity_lines": [ 157.26067, 153.287275, 145.058287, 140.952474 ] }, { "date": "2025-07-25", "close": 157.059998, "volume": 1140380, "typical_volume": 2593167.75, "trend": 139.436335, "fair_value": 145.559359, "relative_strength": -3.34815, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.267101, "energy": 62.486221, "activity_lines": [ 157.739335, 154.566366, 146.757144, 142.060345 ] }, { "date": "2025-08-01", "close": 150.639999, "volume": 783520, "typical_volume": 2563096.45, "trend": 138.775668, "fair_value": 145.732052, "relative_strength": -6.135427, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.288849, "energy": 39.93311, "activity_lines": [ 155.442668, 154.414547, 147.714096, 142.783162 ] }, { "date": "2025-08-08", "close": 146.210007, "volume": 2385671, "typical_volume": 2635724.7, "trend": 138.608001, "fair_value": 145.894616, "relative_strength": -7.920943, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.775247, "energy": 26.122866, "activity_lines": [ 151.976669, 153.335093, 148.115383, 143.262797 ] }, { "date": "2025-08-15", "close": 143.089996, "volume": 428264, "typical_volume": 2448175.65, "trend": 138.295667, "fair_value": 145.996795, "relative_strength": -10.722986, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.069218, "energy": 21.060839, "activity_lines": [ 148.347334, 151.66091, 148.127287, 143.551958 ] }, { "date": "2025-08-22", "close": 149.419998, "volume": 630160, "typical_volume": 2413997.4, "trend": 138.691667, "fair_value": 146.137308, "relative_strength": -7.463762, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.605748, "energy": 21.812287, "activity_lines": [ 147.761999, 151.044364, 148.705525, 144.269657 ] }, { "date": "2025-08-29", "close": 146.110001, "volume": 353093, "typical_volume": 2389845.4, "trend": 138.859667, "fair_value": 146.266859, "relative_strength": -7.721565, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.805417, "energy": 19.77887, "activity_lines": [ 146.704, 149.89091, 148.881525, 144.748259 ] }, { "date": "2025-09-05", "close": 146.0, "volume": 2643988, "typical_volume": 2502703.45, "trend": 139.270667, "fair_value": 146.388654, "relative_strength": -8.606256, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.999177, "energy": 13.24148, "activity_lines": [ 146.339333, 148.743273, 148.974763, 145.208926 ] }, { "date": "2025-09-12", "close": 148.789993, "volume": 645413, "typical_volume": 2475999.9, "trend": 140.263334, "fair_value": 146.512308, "relative_strength": -7.576949, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.61129, "energy": 9.826448, "activity_lines": [ 147.213997, 148.27109, 149.279286, 145.823076 ] }, { "date": "2025-09-19", "close": 167.740005, "volume": 21187942, "typical_volume": 3506439.75, "trend": 141.784, "fair_value": 146.777949, "relative_strength": 3.906583, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 68.94105, "energy": 38.767308, "activity_lines": [ 154.233333, 151.436545, 151.299715, 147.595764 ] }, { "date": "2025-09-26", "close": 163.979996, "volume": 3784829, "typical_volume": 3654906.0, "trend": 143.449334, "fair_value": 146.985193, "relative_strength": 4.734905, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.227032, "energy": 60.665352, "activity_lines": [ 158.355999, 153.724908, 152.743191, 149.027764 ] }, { "date": "2025-10-03", "close": 160.639999, "volume": 831601, "typical_volume": 3475022.5, "trend": 144.482, "fair_value": 147.197628, "relative_strength": 2.113788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.95707, "energy": 64.556629, "activity_lines": [ 160.394665, 155.313272, 153.664667, 150.136839 ] }, { "date": "2025-10-10", "close": 154.880005, "volume": 807178, "typical_volume": 3444142.1, "trend": 145.559667, "fair_value": 147.398462, "relative_strength": -2.546727, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.266005, "energy": 59.601615, "activity_lines": [ 159.544667, 155.789273, 153.951477, 150.807678 ] }, { "date": "2025-10-17", "close": 143.949997, "volume": 1184052, "typical_volume": 3437395.0, "trend": 146.13, "fair_value": 147.531795, "relative_strength": -10.394297, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.173736, "energy": 19.546645, "activity_lines": [ 154.459333, 154.200909, 153.145143, 150.703828 ] }, { "date": "2025-10-24", "close": 158.380005, "volume": 5407108, "typical_volume": 3664316.45, "trend": 146.895334, "fair_value": 147.761154, "relative_strength": -1.202878, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.108639, "energy": 17.962597, "activity_lines": [ 154.506668, 155.277273, 153.716667, 151.494151 ] }, { "date": "2025-10-31", "close": 151.919998, "volume": 793352, "typical_volume": 2842825.8, "trend": 147.587667, "fair_value": 147.913526, "relative_strength": -4.36914, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.706275, "energy": 16.871894, "activity_lines": [ 153.024667, 154.901091, 153.575714, 151.818323 ] }, { "date": "2025-11-07", "close": 141.960007, "volume": 3733540, "typical_volume": 2937492.9, "trend": 147.955334, "fair_value": 148.04468, "relative_strength": -9.183488, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.491246, "energy": 14.248054, "activity_lines": [ 149.026669, 152.668547, 152.491286, 151.455248 ] }, { "date": "2025-11-14", "close": 145.449997, "volume": 1539159, "typical_volume": 2952181.45, "trend": 148.318001, "fair_value": 148.224167, "relative_strength": -7.80978, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.513602, "energy": 15.819052, "activity_lines": [ 147.437334, 151.146001, 151.765762, 151.293613 ] }, { "date": "2025-11-21", "close": 140.190002, "volume": 799615, "typical_volume": 2578650.3, "trend": 148.653334, "fair_value": 148.331795, "relative_strength": -11.053035, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.83641, "energy": 36.684967, "activity_lines": [ 144.723335, 148.677092, 150.585953, 150.769226 ] }, { "date": "2025-11-28", "close": 136.449997, "volume": 472449, "typical_volume": 2543883.1, "trend": 149.142334, "fair_value": 148.386923, "relative_strength": -13.152584, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.15639, "energy": 51.661849, "activity_lines": [ 141.013333, 145.684546, 149.141238, 149.981914 ] }, { "date": "2025-12-05", "close": 132.779999, "volume": 360134, "typical_volume": 2495572.4, "trend": 149.529667, "fair_value": 148.45218, "relative_strength": -14.689142, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.063563, "energy": 68.873104, "activity_lines": [ 137.541999, 142.593637, 147.445333, 148.92628 ] }, { "date": "2025-12-12", "close": 130.75, "volume": 876383, "typical_volume": 2482372.55, "trend": 149.136001, "fair_value": 148.54577, "relative_strength": -14.777579, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.958234, "energy": 71.99668, "activity_lines": [ 134.669999, 139.700909, 145.680381, 147.714688 ] }, { "date": "2025-12-19", "close": 134.740005, "volume": 971553, "typical_volume": 2491774.2, "trend": 148.830001, "fair_value": 148.771346, "relative_strength": -11.259567, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.02426, "energy": 69.391769, "activity_lines": [ 133.875335, 138.077092, 144.420715, 146.785915 ] }, { "date": "2025-12-26", "close": 138.25, "volume": 18733995, "typical_volume": 3309190.4, "trend": 148.615001, "fair_value": 148.988654, "relative_strength": -8.655742, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.142749, "energy": 48.901463, "activity_lines": [ 134.964668, 137.457637, 143.571048, 146.103334 ] }, { "date": "2026-01-02", "close": 139.160004, "volume": 2249120, "typical_volume": 3400233.2, "trend": 148.655001, "fair_value": 149.201859, "relative_strength": -8.504463, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.546795, "energy": 34.262302, "activity_lines": [ 136.486669, 137.107274, 142.845953, 145.493334 ] }, { "date": "2026-01-09", "close": 130.960007, "volume": 739476, "typical_volume": 3405699.0, "trend": 147.920668, "fair_value": 149.375641, "relative_strength": -11.332498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.000871, "energy": 35.2416, "activity_lines": [ 135.094671, 135.615457, 141.358621, 144.351722 ] }, { "date": "2026-01-16", "close": 128.990005, "volume": 593330, "typical_volume": 3417710.85, "trend": 147.302668, "fair_value": 149.511154, "relative_strength": -12.248879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.504354, "energy": 37.842077, "activity_lines": [ 133.167338, 134.146548, 139.771573, 143.130388 ] }, { "date": "2026-01-23", "close": 120.199997, "volume": 1579471, "typical_volume": 3364485.0, "trend": 146.134334, "fair_value": 149.636154, "relative_strength": -15.793152, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.342763, "energy": 62.922102, "activity_lines": [ 128.427336, 131.315275, 137.428906, 141.381829 ] }, { "date": "2026-01-30", "close": 126.470001, "volume": 2259673, "typical_volume": 3445198.0, "trend": 145.038001, "fair_value": 149.783398, "relative_strength": -12.053822, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.450032, "energy": 64.782028, "activity_lines": [ 126.746668, 130.083093, 135.80624, 140.113162 ] }, { "date": "2026-02-06", "close": 121.540001, "volume": 3017683, "typical_volume": 2536685.05, "trend": 143.852667, "fair_value": 149.891988, "relative_strength": -16.442341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.365081, "energy": 71.891975, "activity_lines": [ 124.208001, 128.204002, 133.820335, 138.597162 ] }, { "date": "2026-02-13", "close": 120.18, "volume": 2674852, "typical_volume": 2481186.2, "trend": 142.562667, "fair_value": 149.991218, "relative_strength": -16.521411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.36953, "energy": 70.124505, "activity_lines": [ 122.390667, 126.348729, 131.924906, 137.069894 ] }, { "date": "2026-02-20", "close": 124.980003, "volume": 2058995, "typical_volume": 2542555.9, "trend": 141.493334, "fair_value": 150.118975, "relative_strength": -13.388891, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.838348, "energy": 46.588531, "activity_lines": [ 122.892001, 125.595274, 130.695192, 135.935528 ] }, { "date": "2026-02-27", "close": 125.769997, "volume": 722829, "typical_volume": 2538338.45, "trend": 140.664334, "fair_value": 150.249231, "relative_strength": -11.434588, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.759503, "energy": 41.948255, "activity_lines": [ 123.924, 125.090364, 129.710525, 134.921119 ] }, { "date": "2026-03-06", "close": 125.489998, "volume": 946680, "typical_volume": 2526469.85, "trend": 139.973667, "fair_value": 150.366475, "relative_strength": -8.808116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.727712, "energy": 35.441216, "activity_lines": [ 124.491333, 124.697637, 128.83781, 133.94213 ] }, { "date": "2026-03-13", "close": 125.209999, "volume": 1163036, "typical_volume": 2314266.25, "trend": 139.377667, "fair_value": 150.500834, "relative_strength": -3.884102, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.731478, "energy": 26.622417, "activity_lines": [ 125.030666, 124.486, 128.026334, 132.989635 ] }, { "date": "2026-03-20", "close": 125.029999, "volume": 751476, "typical_volume": 2312172.45, "trend": 138.564667, "fair_value": 150.610962, "relative_strength": -3.862792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.730834, "energy": 25.369441, "activity_lines": [ 125.265332, 124.495272, 127.355667, 132.063979 ] }, { "date": "2026-03-27", "close": 125.769997, "volume": 1155043, "typical_volume": 2183247.6, "trend": 137.886667, "fair_value": 150.741859, "relative_strength": -1.961513, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.745306, "energy": 25.959056, "activity_lines": [ 125.423331, 124.746908, 126.883524, 131.238517 ] }, { "date": "2026-04-03", "close": 123.68, "volume": 456519, "typical_volume": 2129115.6, "trend": 137.142667, "fair_value": 150.812244, "relative_strength": -3.045544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.204703, "energy": 27.451572, "activity_lines": [ 124.831999, 124.67709, 126.289429, 130.321957 ] }, { "date": "2026-04-10", "close": 126.260002, "volume": 651204, "typical_volume": 2121695.05, "trend": 136.391667, "fair_value": 150.894039, "relative_strength": -6.371667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.087444, "energy": 23.604315, "activity_lines": [ 125.24, 125.01309, 126.044714, 129.61985 ] }, { "date": "2026-04-17", "close": 125.239998, "volume": 1062706, "typical_volume": 2151207.9, "trend": 134.975, "fair_value": 150.917372, "relative_strength": -8.125995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.719911, "energy": 21.661672, "activity_lines": [ 125.256666, 125.167454, 125.76919, 128.900387 ] }, { "date": "2026-04-24", "close": 134.300003, "volume": 33476407, "typical_volume": 3807021.55, "trend": 133.985667, "fair_value": 150.982436, "relative_strength": 0.327327, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.160465, "energy": 5.488229, "activity_lines": [ 128.291334, 126.901818, 126.409905, 128.856839 ] }, { "date": "2026-05-01", "close": 133.839996, "volume": 1204194, "typical_volume": 3823412.1, "trend": 133.092334, "fair_value": 151.051283, "relative_strength": -0.627579, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.249689, "energy": 14.147216, "activity_lines": [ 130.554666, 128.295817, 126.999571, 128.847441 ] }, { "date": "2026-05-08", "close": 131.850006, "volume": 1069223, "typical_volume": 3828295.6, "trend": 132.324667, "fair_value": 151.14968, "relative_strength": -2.963629, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.94187, "energy": 18.329286, "activity_lines": [ 131.616668, 129.16691, 127.385, 128.767291 ] }, { "date": "2026-05-15", "close": 127.339996, "volume": 2634038, "typical_volume": 3023297.75, "trend": 131.771001, "fair_value": 151.217244, "relative_strength": -4.06909, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.779838, "energy": 17.36205, "activity_lines": [ 130.630666, 129.107454, 127.354666, 128.445699 ] }, { "date": "2026-05-22", "close": 118.800003, "volume": 2863244, "typical_volume": 3054003.95, "trend": 130.451667, "fair_value": 151.219167, "relative_strength": -10.548982, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.559884, "energy": 20.680388, "activity_lines": [ 126.726001, 127.461637, 126.562952, 127.608861 ] }, { "date": "2026-05-29", "close": 120.419998, "volume": 6677400, "typical_volume": 3350900.15, "trend": 129.401667, "fair_value": 151.201988, "relative_strength": -8.438312, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.76251, "energy": 31.505822, "activity_lines": [ 123.790667, 126.226909, 126.022476, 126.961656 ] }, { "date": "2026-06-05", "close": 119.309998, "volume": 228091, "typical_volume": 3332638.2, "trend": 128.646667, "fair_value": 151.134424, "relative_strength": -8.44961, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.808149, "energy": 47.943371, "activity_lines": [ 121.410666, 124.874182, 125.426476, 126.310581 ] }, { "date": "2026-06-12", "close": 117.889999, "volume": 396481, "typical_volume": 3273488.7, "trend": 127.728, "fair_value": 151.062244, "relative_strength": -10.148913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.743095, "energy": 65.910646, "activity_lines": [ 119.525999, 123.380727, 124.741333, 125.616602 ] }, { "date": "2026-06-19", "close": 119.260002, "volume": 291083, "typical_volume": 3175059.2, "trend": 127.030334, "fair_value": 151.01327, "relative_strength": -10.29964, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.953885, "energy": 64.530276, "activity_lines": [ 119.028667, 122.241636, 124.197666, 125.07028 ] }, { "date": "2026-06-26", "close": 117.919998, "volume": 0, "typical_volume": 3024175.05, "trend": 126.412667, "fair_value": 150.94, "relative_strength": -11.10951, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.585347, "energy": 61.303922, "activity_lines": [ 118.623333, 120.986181, 123.560714, 124.482516 ] }, { "date": "2026-07-03", "close": 115.989998, "volume": 105316, "typical_volume": 2895698.25, "trend": 125.853, "fair_value": 150.833526, "relative_strength": -12.88878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.404622, "energy": 59.990843, "activity_lines": [ 117.633332, 119.512908, 122.75719, 123.810086 ] }, { "date": "2026-07-10", "close": 112.699997, "volume": 636165, "typical_volume": 2824556.75, "trend": 125.251334, "fair_value": 150.747949, "relative_strength": -14.660143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.830369, "energy": 61.339604, "activity_lines": [ 115.841998, 117.774362, 121.660285, 122.961505 ] }, { "date": "2026-07-17", "close": 109.849998, "volume": 500732, "typical_volume": 2813451.9, "trend": 124.421667, "fair_value": 150.669103, "relative_strength": -16.710868, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.317171, "energy": 72.713263, "activity_lines": [ 113.541331, 115.901999, 120.350428, 121.96787 ] }, { "date": "2026-07-24", "close": 108.019997, "volume": 777277, "typical_volume": 2804981.75, "trend": 123.414, "fair_value": 150.564744, "relative_strength": -15.612445, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.32578, "energy": 84.253132, "activity_lines": [ 111.166664, 114.096907, 118.942094, 120.909698 ] }, { "date": "2026-07-31", "close": 106.0, "volume": 554537, "typical_volume": 2774556.8, "trend": 122.308666, "fair_value": 150.442949, "relative_strength": -18.765252, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.128363, "energy": 87.375539, "activity_lines": [ 108.867998, 112.275817, 117.42457, 119.786214 ] }, { "date": "2026-08-07", "close": 111.559998, "volume": 49441794, "typical_volume": 5209072.7, "trend": 121.661999, "fair_value": 150.317372, "relative_strength": -14.707355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.761187, "energy": 62.415174, "activity_lines": [ 109.217332, 111.698362, 116.528046, 119.092752 ] } ], "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." } } }