{ "ticker": { "uuid": "0833304a-9bba-486e-b5bc-d2153e8453f3", "symbol": "267A", "name": "TOWARISE CORPORATION", "exchange": "JPX", "country": "JP", "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": "2026-08-28", "benchmark": "^N225", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 93.841, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -98.427, "architecture_energy": 79.376, "architecture_maturity": 25.53, "architecture_confidence": 59.92, "architecture_tenure": "New", "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": 17.44, "rotation_up": 8.11, "upward_expansion": 12.0, "deceleration": 59.26, "rotation_down": 88.79, "downward_expansion": 87.67 }, "activity_lines": [ 1865.666667, 1887.378163, 1920.852994, 1939.609589 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 1815.0, "trend_reference": 1960.297766, "distance_from_trend": -0.07412, "trend_direction": "Weakening", "fair_value": 1976.915672, "distance_from_fair_value": -0.081903, "fair_value_direction": "Weakening", "relative_strength": -23.170159, "relative_strength_direction": "Improving", "price_momentum": -0.08794, "excess_performance": -0.216321, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.07412, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.014728, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.081903, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.083199, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.231702, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.031496, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.08794, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.0, "read": "Supply-led" } ], "volume": { "latest": 400, "relative_activity": 4.705882, "balance": 0.0, "dry_up": 1.176471, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.00818, "annualized_volatility": 0.073041, "from_high_reference": -0.08794, "from_low_reference": 0.0 }, "levels": { "trend_reference": 1960.297766, "fair_value_reference": 1976.915672, "structural_low": 1815.0, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 4, "median_return": -0.009945, "positive_rate": 0.0, "directional_follow_through": 0.75, "median_excess_return": -0.058412, "regime_survival": 1.0, "best_return": 0.0, "worst_return": -0.029987, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": -0.049271, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.130747, "regime_survival": 1.0, "best_return": -0.049271, "worst_return": -0.049271, "sufficient": false }, { "horizon": "Extended", "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 }, { "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": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-01", "end": "2026-06-26", "tenure": "Developing", "return": -0.030474, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-07-31", "tenure": "New", "return": -0.019388, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-14", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-08-21", "end": "2026-08-28", "tenure": "New", "return": -0.04019, "active": true } ], "chart_path": [ { "date": "2024-10-25", "close": 1980.994873, "volume": 100, "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": 1980.994873, "volume": 0, "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": 1980.994873, "volume": 0, "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": 1980.994873, "volume": 0, "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": 1980.994873, "volume": 0, "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": 1980.994873, "volume": 400, "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": 1980.994873, "volume": 0, "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": 1980.994873, "volume": 0, "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": 1980.994873, "volume": 0, "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": 1980.994873, "volume": 2400, "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": 1980.994873, "volume": 0, "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": 1980.994873, "volume": 0, "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": 1980.994873, "volume": 0, "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": 1980.994873, "volume": 0, "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": 1980.994873, "volume": 1400, "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": 1980.994873, "volume": 0, "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": 1980.994873, "volume": 0, "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": 1980.994873, "volume": 0, "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": 1980.994873, "volume": 3300, "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": 1980.994873, "volume": 0, "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": 1980.994873, "volume": 0, "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": 1980.994873, "volume": 0, "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": 1980.0, "volume": 1500, "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": 1980.0, "volume": 0, "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": 1980.0, "volume": 0, "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": 1980.0, "volume": 0, "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": 1980.0, "volume": 0, "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": 1980.0, "volume": 1300, "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": 1980.0, "volume": 100, "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": 1980.0, "volume": 0, "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": 1980.0, "volume": 0, "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": 1980.0, "volume": 400, "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": 1980.0, "volume": 0, "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": 1980.0, "volume": 0, "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": 1980.0, "volume": 0, "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": 1980.0, "volume": 0, "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": 1980.0, "volume": 0, "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": 1980.0, "volume": 0, "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": 1980.0, "volume": 0, "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": 1980.0, "volume": 0, "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": 1990.0, "volume": 500, "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": 1990.0, "volume": 0, "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": 1990.0, "volume": 0, "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": 1990.0, "volume": 0, "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": 1990.0, "volume": 0, "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": 1990.0, "volume": 0, "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": "2025-09-12", "close": 1990.0, "volume": 0, "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": "2025-09-19", "close": 1990.0, "volume": 0, "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": "2025-09-26", "close": 1990.0, "volume": 0, "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": "2025-10-03", "close": 1990.0, "volume": 0, "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": "2025-10-10", "close": 1990.0, "volume": 0, "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": "2025-10-17", "close": 1990.0, "volume": 0, "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": "2025-10-24", "close": 1990.0, "volume": 0, "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": "2025-10-31", "close": 1990.0, "volume": 2200, "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": "2025-11-07", "close": 1990.0, "volume": 0, "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": "2025-11-14", "close": 1990.0, "volume": 0, "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": "2025-11-21", "close": 1990.0, "volume": 0, "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": "2025-11-28", "close": 1990.0, "volume": 200, "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": "2025-12-05", "close": 1990.0, "volume": 0, "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": "2025-12-12", "close": 1990.0, "volume": 0, "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": "2025-12-19", "close": 1990.0, "volume": 400, "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": "2025-12-26", "close": 1990.0, "volume": 200, "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": "2026-01-02", "close": 1990.0, "volume": 0, "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": "2026-01-09", "close": 1990.0, "volume": 0, "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": "2026-01-16", "close": 1990.0, "volume": 0, "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": "2026-01-23", "close": 1990.0, "volume": 0, "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": "2026-01-30", "close": 1990.0, "volume": 300, "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": "2026-02-06", "close": 1990.0, "volume": 0, "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": "2026-02-13", "close": 1990.0, "volume": 0, "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": "2026-02-20", "close": 1990.0, "volume": 0, "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": "2026-02-27", "close": 1990.0, "volume": 300, "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": "2026-03-06", "close": 1990.0, "volume": 0, "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": "2026-03-13", "close": 1990.0, "volume": 0, "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": "2026-03-20", "close": 1990.0, "volume": 0, "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": "2026-03-27", "close": 1990.0, "volume": 300, "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": "2026-04-03", "close": 1990.0, "volume": 0, "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": "2026-04-10", "close": 1990.0, "volume": 0, "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": "2026-04-17", "close": 1990.0, "volume": 0, "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": "2026-04-24", "close": 1990.0, "volume": 0, "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": "2026-05-01", "close": 1989.0, "volume": 300, "typical_volume": 90.0, "trend": 1989.966667, "fair_value": 1985.26109, "relative_strength": -21.020568, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.175005, "energy": 97.404388, "activity_lines": [ 1989.666667, 1989.818182, 1989.904762, 1989.935484 ] }, { "date": "2026-05-08", "close": 1989.0, "volume": 0, "typical_volume": 70.0, "trend": 1989.933333, "fair_value": 1985.307249, "relative_strength": -24.326269, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.654979, "energy": 98.127424, "activity_lines": [ 1989.4, 1989.654545, 1989.814286, 1989.873118 ] }, { "date": "2026-05-15", "close": 1989.0, "volume": 0, "typical_volume": 60.0, "trend": 1989.9, "fair_value": 1985.352283, "relative_strength": -22.001132, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.222745, "energy": 98.327927, "activity_lines": [ 1989.2, 1989.509091, 1989.728571, 1989.812903 ] }, { "date": "2026-05-22", "close": 1989.0, "volume": 0, "typical_volume": 60.0, "trend": 1989.866667, "fair_value": 1985.396231, "relative_strength": -23.603445, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.881848, "energy": 95.058646, "activity_lines": [ 1989.066667, 1989.381818, 1989.647619, 1989.754839 ] }, { "date": "2026-05-29", "close": 1988.0, "volume": 300, "typical_volume": 75.0, "trend": 1989.8, "fair_value": 1985.427229, "relative_strength": -26.319792, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -98.621552, "energy": 99.51507, "activity_lines": [ 1988.666667, 1989.090909, 1989.47619, 1989.634409 ] }, { "date": "2026-06-05", "close": 1988.0, "volume": 0, "typical_volume": 75.0, "trend": 1989.733333, "fair_value": 1985.457497, "relative_strength": -25.813079, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -99.222287, "energy": 99.451064, "activity_lines": [ 1988.4, 1988.836364, 1989.314286, 1989.51828 ] }, { "date": "2026-06-12", "close": 1988.0, "volume": 0, "typical_volume": 75.0, "trend": 1989.666667, "fair_value": 1985.487061, "relative_strength": -24.371642, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.832739, "energy": 77.841016, "activity_lines": [ 1988.2, 1988.618182, 1989.161905, 1989.406452 ] }, { "date": "2026-06-19", "close": 1988.0, "volume": 0, "typical_volume": 60.0, "trend": 1989.6, "fair_value": 1985.515945, "relative_strength": -29.113103, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.385658, "energy": 73.134755, "activity_lines": [ 1988.066667, 1988.436364, 1989.019048, 1989.298925 ] }, { "date": "2026-06-26", "close": 1928.386597, "volume": 300, "typical_volume": 75.0, "trend": 1987.54622, "fair_value": 1984.866748, "relative_strength": -28.615653, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -99.870962, "energy": 79.776892, "activity_lines": [ 1968.128866, 1977.452109, 1983.208247, 1985.349673 ] }, { "date": "2026-07-03", "close": 1928.386597, "volume": 0, "typical_volume": 75.0, "trend": 1985.49244, "fair_value": 1984.232139, "relative_strength": -28.225138, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -99.984952, "energy": 79.992794, "activity_lines": [ 1952.231958, 1967.588097, 1977.690844, 1981.532923 ] }, { "date": "2026-07-10", "close": 1928.386597, "volume": 0, "typical_volume": 75.0, "trend": 1983.43866, "fair_value": 1983.611633, "relative_strength": -26.175644, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -99.107098, "energy": 83.146394, "activity_lines": [ 1940.309278, 1958.844329, 1972.466838, 1977.848675 ] }, { "date": "2026-07-17", "close": 1928.386597, "volume": 0, "typical_volume": 60.0, "trend": 1981.38488, "fair_value": 1983.004765, "relative_strength": -20.301421, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -88.107754, "energy": 94.897631, "activity_lines": [ 1932.360824, 1951.202624, 1967.536229, 1974.296929 ] }, { "date": "2026-07-24", "close": 1928.386597, "volume": 0, "typical_volume": 60.0, "trend": 1979.331099, "fair_value": 1982.411089, "relative_strength": -20.151958, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.666648, "energy": 89.033291, "activity_lines": [ 1928.386597, 1944.66298, 1962.899018, 1970.877685 ] }, { "date": "2026-07-31", "close": 1891.0, "volume": 400, "typical_volume": 80.0, "trend": 1976.031099, "fair_value": 1981.428174, "relative_strength": -20.604717, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -98.042892, "energy": 79.290247, "activity_lines": [ 1915.924398, 1932.427834, 1954.994575, 1965.178905 ] }, { "date": "2026-08-07", "close": 1891.0, "volume": 0, "typical_volume": 80.0, "trend": 1972.7311, "fair_value": 1980.466172, "relative_strength": -21.344142, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -95.038162, "energy": 78.244247, "activity_lines": [ 1905.954639, 1921.974507, 1947.561561, 1959.693027 ] }, { "date": "2026-08-14", "close": 1891.0, "volume": 0, "typical_volume": 65.0, "trend": 1969.4311, "fair_value": 1979.524423, "relative_strength": -24.170336, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -86.531142, "energy": 75.271715, "activity_lines": [ 1898.477319, 1913.284817, 1940.599975, 1954.420053 ] }, { "date": "2026-08-21", "close": 1891.0, "volume": 0, "typical_volume": 65.0, "trend": 1966.131099, "fair_value": 1978.602294, "relative_strength": -20.310459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.409087, "energy": 71.38305, "activity_lines": [ 1893.49244, 1906.358763, 1934.109818, 1949.359982 ] }, { "date": "2026-08-28", "close": 1815.0, "volume": 400, "typical_volume": 85.0, "trend": 1960.297766, "fair_value": 1976.915672, "relative_strength": -23.170159, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -98.427251, "energy": 79.376405, "activity_lines": [ 1865.666667, 1887.378163, 1920.852994, 1939.609589 ] } ], "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." } } }