{ "ticker": { "uuid": "055213e8-901b-4f3c-a733-9d853b9f4a13", "symbol": "IMAR", "name": "INNOVATOR ETFS TRUST INNOVATOR INTL DEVELOPED POWER BUFFER", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "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": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 69.592, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 78.101, "architecture_energy": 60.642, "architecture_maturity": 17.318, "architecture_confidence": 66.694, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 19.31, "rotation_up": 64.09, "upward_expansion": 83.95, "deceleration": 49.96, "rotation_down": 16.59, "downward_expansion": 10.62 }, "activity_lines": [ 30.8164, 30.652696, 30.424122, 30.214033 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 31.3092, "trend_reference": 30.062417, "distance_from_trend": 0.041473, "trend_direction": "Improving", "fair_value": 27.687227, "distance_from_fair_value": 0.130817, "fair_value_direction": "Improving", "relative_strength": -6.080581, "relative_strength_direction": "Improving", "price_momentum": 0.033484, "excess_performance": -0.092141, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.041473, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.011136, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.130817, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.028061, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.060806, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.017059, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.033484, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.117066, "read": "Supply-led" } ], "volume": { "latest": 49093, "relative_activity": 0.095932, "balance": 0.117066, "dry_up": 0.135414, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.01729, "annualized_volatility": 0.103581, "from_high_reference": -0.00511, "from_low_reference": 0.106723 }, "levels": { "trend_reference": 30.062417, "fair_value_reference": 27.687227, "structural_low": 28.29, "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": 8, "median_return": 0.005166, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.001008, "regime_survival": 0.875, "best_return": 0.019371, "worst_return": -0.062435, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.00945, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.013444, "regime_survival": 0.5, "best_return": 0.027085, "worst_return": -0.008184, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.018679, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.02608, "regime_survival": 0.0, "best_return": 0.018679, "worst_return": 0.018679, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2026-02-27", "tenure": "Established", "return": 0.063552, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-06", "end": "2026-04-17", "tenure": "Developing", "return": 0.034816, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-06-19", "tenure": "Developing", "return": 0.024093, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.034085, "active": true } ], "chart_path": [ { "date": "2024-03-01", "close": 25.3202, "volume": 104959, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 25.61, "volume": 661750, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 25.505, "volume": 141413, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 25.73, "volume": 55374, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 25.7449, "volume": 33029, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 25.507, "volume": 504354, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 25.165, "volume": 16917, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 24.9065, "volume": 84844, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 25.2884, "volume": 41397, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 25.5, "volume": 25277, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 25.815, "volume": 16216, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 26.1126, "volume": 24407, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 25.975, "volume": 1311, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 26.0037, "volume": 18099, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 26.03, "volume": 9129, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 25.5681, "volume": 32710, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 25.6193, "volume": 6591, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 25.7083, "volume": 8958, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 26.1262, "volume": 2524, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 26.47, "volume": 389, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 25.9958, "volume": 8470, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 25.9647, "volume": 6149, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 25.4681, "volume": 4866, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 25.5853, "volume": 28498, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 26.2041, "volume": 40845, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 26.78, "volume": 3048, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 26.8848, "volume": 3462, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 26.0905, "volume": 10745, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 26.5051, "volume": 2985, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 26.6937, "volume": 4780, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 27.0996, "volume": 4958, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 26.745, "volume": 14496, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 26.695, "volume": 12496, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 26.563, "volume": 1269, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 26.04, "volume": 2462, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 25.9169, "volume": 9813, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 25.7804, "volume": 2600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 25.322, "volume": 40251, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 25.357, "volume": 517262, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 25.625, "volume": 12203, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 25.8757, "volume": 11982, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 25.57, "volume": 7245, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 25.0928, "volume": 7688, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 25.19, "volume": 13997, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 25.1052, "volume": 62787, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 25.0149, "volume": 13487, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 25.2505, "volume": 18786, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 25.7264, "volume": 10253, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 25.7493, "volume": 16761, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-07", "close": 25.8309, "volume": 22953, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-14", "close": 26.45, "volume": 34421, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-21", "close": 26.3575, "volume": 12018, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-28", "close": 26.3242, "volume": 54783, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-07", "close": 26.8495, "volume": 400520, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-14", "close": 26.7726, "volume": 208777, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-21", "close": 26.7111, "volume": 159553, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-28", "close": 26.5688, "volume": 276497, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-04", "close": 25.08, "volume": 79051, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-11", "close": 25.98, "volume": 64353, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-18", "close": 26.21, "volume": 81273, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-25", "close": 26.81, "volume": 524956, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-02", "close": 27.3, "volume": 582070, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-09", "close": 27.26, "volume": 53008, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-16", "close": 27.4721, "volume": 19850, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-23", "close": 27.5898, "volume": 22584, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-30", "close": 27.7443, "volume": 11740, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-06", "close": 27.9101, "volume": 214127, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-13", "close": 27.8542, "volume": 9570, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-20", "close": 27.6695, "volume": 14070, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-27", "close": 28.1682, "volume": 7250, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-04", "close": 28.2018, "volume": 81838, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-11", "close": 28.1335, "volume": 22499, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-18", "close": 28.0535, "volume": 21154, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-25", "close": 28.424, "volume": 12254, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-01", "close": 27.9117, "volume": 30084, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-08", "close": 28.4497, "volume": 80964, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-15", "close": 28.7036, "volume": 87010, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-22", "close": 28.9253, "volume": 14985, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-29", "close": 28.6593, "volume": 4938, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-05", "close": 28.7057, "volume": 14208, "typical_volume": 91457.95, "trend": 27.441667, "fair_value": 26.433461, "relative_strength": -2.53962, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.175902, "energy": 71.504601, "activity_lines": [ 28.7199, 28.543642, 28.276125, 27.913239 ] }, { "date": "2025-09-12", "close": 28.8955, "volume": 9714, "typical_volume": 65695.85, "trend": 27.523183, "fair_value": 26.463857, "relative_strength": -3.257786, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.175546, "energy": 66.119702, "activity_lines": [ 28.788827, 28.630676, 28.361667, 28.007035 ] }, { "date": "2025-09-19", "close": 28.9135, "volume": 615866, "typical_volume": 67385.65, "trend": 27.608383, "fair_value": 26.49373, "relative_strength": -4.217839, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.784076, "energy": 63.195405, "activity_lines": [ 28.834033, 28.708371, 28.438991, 28.096732 ] }, { "date": "2025-09-26", "close": 28.8889, "volume": 3897, "typical_volume": 64930.1, "trend": 27.693873, "fair_value": 26.522588, "relative_strength": -3.850867, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.83017, "energy": 62.442844, "activity_lines": [ 28.857047, 28.767411, 28.50629, 28.179346 ] }, { "date": "2025-10-03", "close": 29.1887, "volume": 2917, "typical_volume": 64083.45, "trend": 27.771847, "fair_value": 26.554327, "relative_strength": -3.778068, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.837282, "energy": 67.398852, "activity_lines": [ 28.98242, 28.865771, 28.594384, 28.275787 ] }, { "date": "2025-10-10", "close": 28.73, "volume": 7030, "typical_volume": 63305.75, "trend": 27.837093, "fair_value": 26.579924, "relative_strength": -2.834044, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.604465, "energy": 54.727117, "activity_lines": [ 28.9196, 28.866827, 28.630619, 28.337603 ] }, { "date": "2025-10-17", "close": 29.0967, "volume": 27127, "typical_volume": 64075.1, "trend": 27.916613, "fair_value": 26.609188, "relative_strength": -3.187695, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.312474, "energy": 55.801145, "activity_lines": [ 28.977393, 28.919678, 28.696347, 28.418868 ] }, { "date": "2025-10-24", "close": 29.217, "volume": 5155, "typical_volume": 53626.5, "trend": 28.004887, "fair_value": 26.639163, "relative_strength": -4.536974, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.93594, "energy": 59.271841, "activity_lines": [ 29.061873, 28.982638, 28.767093, 28.502764 ] }, { "date": "2025-10-31", "close": 29.1664, "volume": 7974, "typical_volume": 53546.7, "trend": 28.1411, "fair_value": 26.667882, "relative_strength": -5.246427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.346826, "energy": 56.711866, "activity_lines": [ 29.109253, 29.027064, 28.826796, 28.5777 ] }, { "date": "2025-11-07", "close": 29.1253, "volume": 49430, "typical_volume": 55314.7, "trend": 28.245943, "fair_value": 26.695493, "relative_strength": -3.807374, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.961982, "energy": 59.249526, "activity_lines": [ 29.124433, 29.059633, 28.876337, 28.641197 ] }, { "date": "2025-11-14", "close": 29.24, "volume": 40577, "typical_volume": 56981.05, "trend": 28.346943, "fair_value": 26.723766, "relative_strength": -3.556783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.802623, "energy": 65.650919, "activity_lines": [ 29.182073, 29.104584, 28.929869, 28.70533 ] }, { "date": "2025-11-21", "close": 28.8906, "volume": 2615, "typical_volume": 53019.9, "trend": 28.416297, "fair_value": 26.747577, "relative_strength": -2.8747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.583402, "energy": 43.703144, "activity_lines": [ 29.089247, 29.076293, 28.94502, 28.740405 ] }, { "date": "2025-11-28", "close": 29.3329, "volume": 3796, "typical_volume": 52084.75, "trend": 28.48406, "fair_value": 26.775678, "relative_strength": -4.898019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.105652, "energy": 47.595257, "activity_lines": [ 29.157593, 29.128509, 28.999016, 28.79954 ] }, { "date": "2025-12-05", "close": 29.4832, "volume": 4127, "typical_volume": 51233.4, "trend": 28.558167, "fair_value": 26.804791, "relative_strength": -4.727717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.67773, "energy": 53.394468, "activity_lines": [ 29.268313, 29.200427, 29.061615, 28.864001 ] }, { "date": "2025-12-12", "close": 29.5989, "volume": 1508, "typical_volume": 50696.1, "trend": 28.62906, "fair_value": 26.834516, "relative_strength": -3.826394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.917893, "energy": 56.460164, "activity_lines": [ 29.39648, 29.282576, 29.128424, 28.931145 ] }, { "date": "2025-12-19", "close": 29.69, "volume": 13293, "typical_volume": 49856.55, "trend": 28.699067, "fair_value": 26.864574, "relative_strength": -3.674557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.292705, "energy": 78.276102, "activity_lines": [ 29.52344, 29.373831, 29.198315, 28.999593 ] }, { "date": "2025-12-26", "close": 29.9011, "volume": 1177, "typical_volume": 45867.2, "trend": 28.77096, "fair_value": 26.896204, "relative_strength": -4.375304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.233931, "energy": 86.643144, "activity_lines": [ 29.690767, 29.486013, 29.279843, 29.077143 ] }, { "date": "2026-01-02", "close": 29.9592, "volume": 5881, "typical_volume": 41810.75, "trend": 28.839263, "fair_value": 26.927781, "relative_strength": -3.227006, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.8123, "energy": 89.12067, "activity_lines": [ 29.810093, 29.594133, 29.359992, 29.153804 ] }, { "date": "2026-01-09", "close": 30.0978, "volume": 5364, "typical_volume": 41329.7, "trend": 28.91405, "fair_value": 26.960129, "relative_strength": -4.296639, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.462017, "energy": 92.007895, "activity_lines": [ 29.933867, 29.713958, 29.447363, 29.235 ] }, { "date": "2026-01-16", "close": 30.1639, "volume": 11462, "typical_volume": 41655.9, "trend": 28.997197, "fair_value": 26.99249, "relative_strength": -3.78744, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.663509, "energy": 91.943897, "activity_lines": [ 30.0387, 29.828867, 29.535445, 29.315635 ] }, { "date": "2026-01-23", "close": 30.1943, "volume": 47017, "typical_volume": 43296.35, "trend": 29.064733, "fair_value": 27.024508, "relative_strength": -3.391825, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.600471, "energy": 89.728087, "activity_lines": [ 30.116, 29.93042, 29.619258, 29.392868 ] }, { "date": "2026-01-30", "close": 30.2248, "volume": 53230, "typical_volume": 45472.15, "trend": 29.132167, "fair_value": 27.056194, "relative_strength": -3.693203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.539724, "energy": 87.465424, "activity_lines": [ 30.169847, 30.020167, 29.698887, 29.467711 ] }, { "date": "2026-02-06", "close": 30.2948, "volume": 50259, "typical_volume": 17191.8, "trend": 29.20421, "fair_value": 27.087945, "relative_strength": -3.296486, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.896067, "energy": 80.970051, "activity_lines": [ 30.225447, 30.098384, 29.778853, 29.542719 ] }, { "date": "2026-02-13", "close": 30.3249, "volume": 39341, "typical_volume": 18964.0, "trend": 29.279923, "fair_value": 27.119372, "relative_strength": -1.965544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.897757, "energy": 71.926096, "activity_lines": [ 30.268707, 30.164584, 29.855108, 29.615022 ] }, { "date": "2026-02-20", "close": 30.3339, "volume": 13815, "typical_volume": 19508.9, "trend": 29.343587, "fair_value": 27.150281, "relative_strength": -3.010366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.605756, "energy": 84.083641, "activity_lines": [ 30.299827, 30.217116, 29.925381, 29.68302 ] }, { "date": "2026-02-27", "close": 30.53, "volume": 441128, "typical_volume": 41213.8, "trend": 29.430863, "fair_value": 27.182469, "relative_strength": -1.880652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.664112, "energy": 93.890581, "activity_lines": [ 30.38498, 30.29194, 30.008878, 29.759563 ] }, { "date": "2026-03-06", "close": 29.2419, "volume": 1019448, "typical_volume": 90829.85, "trend": 29.45727, "fair_value": 27.201897, "relative_strength": -3.968478, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 18.551942, "energy": 24.539017, "activity_lines": [ 30.018387, 30.117291, 29.961127, 29.747372 ] }, { "date": "2026-03-13", "close": 28.8596, "volume": 160152, "typical_volume": 98579.7, "trend": 29.46247, "fair_value": 27.21739, "relative_strength": -3.593742, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -10.791539, "energy": 29.822019, "activity_lines": [ 29.589887, 29.885118, 29.876275, 29.708813 ] }, { "date": "2026-03-20", "close": 28.44, "volume": 221652, "typical_volume": 109263.6, "trend": 29.446293, "fair_value": 27.22871, "relative_strength": -3.087008, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -50.221507, "energy": 56.477547, "activity_lines": [ 29.1172, 29.596647, 29.753163, 29.642847 ] }, { "date": "2026-03-27", "close": 28.4192, "volume": 141042, "typical_volume": 113844.2, "trend": 29.43829, "fair_value": 27.239632, "relative_strength": -0.796967, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.514354, "energy": 59.352715, "activity_lines": [ 28.76324, 29.334536, 29.63153, 29.576583 ] }, { "date": "2026-04-03", "close": 29.22, "volume": 309857, "typical_volume": 127308.2, "trend": 29.455433, "fair_value": 27.257635, "relative_strength": -1.144954, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.889868, "energy": 57.746531, "activity_lines": [ 28.80386, 29.249747, 29.589525, 29.5625 ] }, { "date": "2026-04-10", "close": 29.91, "volume": 112707, "typical_volume": 132812.8, "trend": 29.48925, "fair_value": 27.281531, "relative_strength": -2.112739, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -9.201938, "energy": 27.058473, "activity_lines": [ 29.161813, 29.308127, 29.61333, 29.591826 ] }, { "date": "2026-04-17", "close": 30.26, "volume": 398427, "typical_volume": 152544.35, "trend": 29.534133, "fair_value": 27.308124, "relative_strength": -4.9307, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 25.361403, "energy": 15.372419, "activity_lines": [ 29.591893, 29.435867, 29.665613, 29.641552 ] }, { "date": "2026-04-24", "close": 29.8215, "volume": 247421, "typical_volume": 164709.05, "trend": 29.56522, "fair_value": 27.330366, "relative_strength": -6.50711, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.785097, "energy": 24.860011, "activity_lines": [ 29.782447, 29.484513, 29.67172, 29.660092 ] }, { "date": "2026-05-01", "close": 29.9109, "volume": 573883, "typical_volume": 193327.8, "trend": 29.589293, "fair_value": 27.353003, "relative_strength": -6.810525, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.330688, "energy": 29.119696, "activity_lines": [ 29.9107, 29.558565, 29.684731, 29.682394 ] }, { "date": "2026-05-08", "close": 30.1909, "volume": 2995815, "typical_volume": 342453.9, "trend": 29.63799, "fair_value": 27.37768, "relative_strength": -7.786529, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.950753, "energy": 36.558711, "activity_lines": [ 30.03284, 29.691218, 29.722922, 29.721207 ] }, { "date": "2026-05-15", "close": 29.76, "volume": 3173524, "typical_volume": 501071.25, "trend": 29.6601, "fair_value": 27.398217, "relative_strength": -9.036977, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.880724, "energy": 25.577349, "activity_lines": [ 29.94662, 29.751691, 29.71769, 29.729079 ] }, { "date": "2026-05-22", "close": 30.17, "volume": 97906, "typical_volume": 505672.5, "trend": 29.691867, "fair_value": 27.421908, "relative_strength": -8.276046, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.21327, "energy": 27.543454, "activity_lines": [ 30.007067, 29.877289, 29.752178, 29.761976 ] }, { "date": "2026-05-29", "close": 30.35, "volume": 121818, "typical_volume": 511495.2, "trend": 29.73132, "fair_value": 27.446722, "relative_strength": -8.752949, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.021583, "energy": 30.725292, "activity_lines": [ 30.133513, 30.011789, 29.802805, 29.804436 ] }, { "date": "2026-06-05", "close": 30.02, "volume": 1410066, "typical_volume": 581425.4, "trend": 29.761143, "fair_value": 27.468346, "relative_strength": -7.168114, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.279496, "energy": 25.777571, "activity_lines": [ 30.114727, 30.051562, 29.820802, 29.82306 ] }, { "date": "2026-06-12", "close": 30.39, "volume": 97832, "typical_volume": 583966.15, "trend": 29.799477, "fair_value": 27.492693, "relative_strength": -6.300384, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.078501, "energy": 44.043282, "activity_lines": [ 30.212, 30.129502, 29.874722, 29.863632 ] }, { "date": "2026-06-19", "close": 30.54, "volume": 41034, "typical_volume": 583356.35, "trend": 29.854457, "fair_value": 27.517878, "relative_strength": -6.451466, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.390728, "energy": 53.335888, "activity_lines": [ 30.346, 30.213442, 29.941997, 29.911408 ] }, { "date": "2026-06-26", "close": 30.2772, "volume": 31458, "typical_volume": 582416.3, "trend": 29.885933, "fair_value": 27.540495, "relative_strength": -4.798018, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.488159, "energy": 44.030443, "activity_lines": [ 30.3404, 30.238145, 29.982741, 29.938681 ] }, { "date": "2026-07-03", "close": 30.5755, "volume": 140915, "typical_volume": 587495.0, "trend": 29.922343, "fair_value": 27.56517, "relative_strength": -5.709456, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.556662, "energy": 55.520097, "activity_lines": [ 30.427087, 30.316773, 30.05198, 29.983169 ] }, { "date": "2026-07-10", "close": 30.54, "volume": 64114, "typical_volume": 590009.95, "trend": 29.953713, "fair_value": 27.58916, "relative_strength": -6.875459, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.121204, "energy": 55.476491, "activity_lines": [ 30.486907, 30.375236, 30.116643, 30.023018 ] }, { "date": "2026-07-17", "close": 30.42, "volume": 45527, "typical_volume": 570229.9, "trend": 29.978047, "fair_value": 27.611807, "relative_strength": -5.607874, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.681441, "energy": 36.98732, "activity_lines": [ 30.47206, 30.400444, 30.168897, 30.053101 ] }, { "date": "2026-07-24", "close": 30.4, "volume": 159408, "typical_volume": 527227.9, "trend": 29.994677, "fair_value": 27.633936, "relative_strength": -4.946087, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.689186, "energy": 33.664355, "activity_lines": [ 30.448547, 30.417849, 30.21977, 30.080324 ] }, { "date": "2026-07-31", "close": 30.78, "volume": 23164, "typical_volume": 520378.5, "trend": 30.022037, "fair_value": 27.658708, "relative_strength": -4.62401, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.8521, "energy": 38.441462, "activity_lines": [ 30.561033, 30.492709, 30.301319, 30.13099 ] }, { "date": "2026-08-07", "close": 31.3092, "volume": 49093, "typical_volume": 511750.55, "trend": 30.062417, "fair_value": 27.687227, "relative_strength": -6.080581, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.101387, "energy": 60.642305, "activity_lines": [ 30.8164, 30.652696, 30.424122, 30.214033 ] } ], "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." } } }