{ "ticker": { "uuid": "152c2ab1-8585-4c35-bff5-7e7079acbf4a", "symbol": "UNIC", "name": "Amundi MSCI Disruptive Technology UCITS ETF Acc", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 81.859, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 34.138, "architecture_energy": 19.914, "architecture_maturity": 57.668, "architecture_confidence": 81.599, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 43.32, "rotation_up": 29.1, "upward_expansion": 59.2, "deceleration": 85.5, "rotation_down": 29.2, "downward_expansion": 18.2 }, "activity_lines": [ 21.243999, 21.535909, 21.390628, 20.662258 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 20.889999, "trend_reference": 19.80295, "distance_from_trend": 0.054893, "trend_direction": "Improving", "fair_value": 17.065726, "distance_from_fair_value": 0.224091, "fair_value_direction": "Weakening", "relative_strength": 0.352159, "relative_strength_direction": "Weakening", "price_momentum": 0.155165, "excess_performance": 0.103929, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.054893, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.056075, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.224091, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.045032, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.003522, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.097243, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.155165, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.703085, "read": "Supply-led" } ], "volume": { "latest": 214205, "relative_activity": 1.888087, "balance": 0.703085, "dry_up": 4.966349, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.07129, "annualized_volatility": 0.238799, "from_high_reference": -0.135527, "from_low_reference": 0.272074 }, "levels": { "trend_reference": 19.80295, "fair_value_reference": 17.065726, "structural_low": 16.422001, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": -0.016685, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.057289, "regime_survival": 0.5, "best_return": -0.000161, "worst_return": -0.033208, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": -0.112997, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.122794, "regime_survival": 0.0, "best_return": -0.112997, "worst_return": -0.112997, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.157554, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.092989, "regime_survival": 0.0, "best_return": 0.157554, "worst_return": 0.157554, "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": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-26", "end": "2026-01-23", "tenure": "Developing", "return": -0.000161, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-02-20", "tenure": "New", "return": -0.02774, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-27", "end": "2026-03-13", "tenure": "New", "return": -0.024288, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.048932, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-17", "end": "2026-05-15", "tenure": "Developing", "return": 0.090576, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-07-31", "tenure": "Developing", "return": -0.046796, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2024-06-21", "close": 14.12, "volume": 231, "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": 14.25, "volume": 1985, "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": 14.444, "volume": 273, "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": 14.763, "volume": 461, "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": 14.282, "volume": 8922, "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": 14.014, "volume": 78, "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": 13.462, "volume": 11968, "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": 13.622, "volume": 1388, "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": 14.186, "volume": 1052, "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": 14.52, "volume": 1031, "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": 14.53, "volume": 325, "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": 13.901, "volume": 342, "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": 14.445, "volume": 11, "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": 14.665, "volume": 41, "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": 15.069, "volume": 433, "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": 14.875, "volume": 1009, "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": 15.245, "volume": 2945, "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": 15.267, "volume": 47, "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": 15.177, "volume": 12734, "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": 15.004, "volume": 47, "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": 15.479, "volume": 610, "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": 15.133, "volume": 31437, "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": 15.463, "volume": 4223, "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": 15.661, "volume": 29942, "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": 15.848, "volume": 33, "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": 15.615, "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": 15.321, "volume": 1274, "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": 15.309, "volume": 1931, "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": 15.241, "volume": 139, "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": 14.94, "volume": 30609, "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": 15.388, "volume": 2558, "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": 15.879, "volume": 402, "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": 16.011, "volume": 1429, "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": 15.827, "volume": 189, "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": 16.179001, "volume": 6, "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": 16.176001, "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": "2025-02-28", "close": 15.423, "volume": 11, "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": 15.025, "volume": 3184, "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": 14.933, "volume": 3510, "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": 15.098, "volume": 3361, "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": 14.688, "volume": 1065, "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": 13.445, "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": "2025-04-11", "close": 13.53, "volume": 1750, "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": 13.813, "volume": 958, "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": 14.503, "volume": 239, "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": 15.099, "volume": 370, "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": 15.145, "volume": 1751, "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": 15.7, "volume": 371, "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": 15.413, "volume": 151, "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": 15.549, "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": "2025-06-06", "close": 16.065001, "volume": 93, "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": 16.077, "volume": 1805, "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": 15.905, "volume": 112, "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": 16.584999, "volume": 6656, "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": 16.752001, "volume": 96, "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": 16.643999, "volume": 2411, "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": 17.013, "volume": 10267, "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": 17.228001, "volume": 3042, "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": 16.612, "volume": 7117, "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": 16.863001, "volume": 1797, "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": 17.150999, "volume": 1309, "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": 17.275999, "volume": 175, "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": 17.332001, "volume": 30066, "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": 17.489, "volume": 32, "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": 17.996, "volume": 561, "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": 18.35, "volume": 2815, "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": 18.283001, "volume": 26, "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": 18.983, "volume": 1715, "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": 18.893, "volume": 2613, "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": 18.664, "volume": 934, "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": 19.3008, "volume": 175, "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": 19.298, "volume": 510, "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": 18.476999, "volume": 4245, "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": 18.778, "volume": 50, "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": 17.783001, "volume": 2427, "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": 18.674999, "volume": 6, "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": 18.988001, "volume": 5477, "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": 18.65, "volume": 140, "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": 18.558001, "volume": 274, "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": 18.673, "volume": 48612, "typical_volume": 5108.1, "trend": 17.77806, "fair_value": 16.00021, "relative_strength": 2.183522, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.02839, "energy": 32.013425, "activity_lines": [ 18.679867, 18.641324, 18.606371, 18.288746 ] }, { "date": "2026-01-02", "close": 18.554001, "volume": 71, "typical_volume": 5046.2, "trend": 17.861027, "fair_value": 16.031738, "relative_strength": 0.700201, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.404487, "energy": 22.079461, "activity_lines": [ 18.628267, 18.611491, 18.622953, 18.338807 ] }, { "date": "2026-01-09", "close": 18.702, "volume": 7607, "typical_volume": 5417.8, "trend": 17.948527, "fair_value": 16.064303, "relative_strength": -0.273192, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.675899, "energy": 21.348828, "activity_lines": [ 18.634067, 18.622146, 18.646949, 18.393063 ] }, { "date": "2026-01-16", "close": 18.681999, "volume": 458, "typical_volume": 3937.4, "trend": 18.041093, "fair_value": 16.095841, "relative_strength": -1.473663, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.141714, "energy": 21.149666, "activity_lines": [ 18.652267, 18.64, 18.66225, 18.440384 ] }, { "date": "2026-01-23", "close": 18.67, "volume": 3165, "typical_volume": 4094.05, "trend": 18.110593, "fair_value": 16.126486, "relative_strength": -0.617028, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.774549, "energy": 19.648478, "activity_lines": [ 18.664333, 18.651946, 18.669979, 18.480958 ] }, { "date": "2026-01-30", "close": 18.565001, "volume": 85, "typical_volume": 4070.25, "trend": 18.171027, "fair_value": 16.155174, "relative_strength": -1.919725, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.708545, "energy": 15.361475, "activity_lines": [ 18.633934, 18.646764, 18.662085, 18.510275 ] }, { "date": "2026-02-06", "close": 18.084, "volume": 648, "typical_volume": 3961.9, "trend": 18.219027, "fair_value": 16.177602, "relative_strength": -5.735169, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.448499, "energy": 6.091496, "activity_lines": [ 18.4504, 18.539909, 18.605672, 18.50466 ] }, { "date": "2026-02-13", "close": 18.125, "volume": 328, "typical_volume": 3977.0, "trend": 18.256093, "fair_value": 16.199986, "relative_strength": -6.099364, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.672346, "energy": 15.095525, "activity_lines": [ 18.311867, 18.451255, 18.55443, 18.498594 ] }, { "date": "2026-02-20", "close": 18.049999, "volume": 15319, "typical_volume": 4657.2, "trend": 18.283493, "fair_value": 16.221009, "relative_strength": -8.421687, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.36083, "energy": 40.666255, "activity_lines": [ 18.1868, 18.364654, 18.496797, 18.485298 ] }, { "date": "2026-02-27", "close": 17.827999, "volume": 859, "typical_volume": 4569.5, "trend": 18.324027, "fair_value": 16.239065, "relative_strength": -11.294635, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.098263, "energy": 60.621809, "activity_lines": [ 18.029866, 18.2486, 18.422465, 18.455911 ] }, { "date": "2026-03-06", "close": 17.653, "volume": 145, "typical_volume": 4530.05, "trend": 18.35036, "fair_value": 16.254776, "relative_strength": -6.806686, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.359032, "energy": 66.83575, "activity_lines": [ 17.870733, 18.114, 18.336537, 18.412619 ] }, { "date": "2026-03-13", "close": 17.395, "volume": 2155, "typical_volume": 4629.05, "trend": 18.358493, "fair_value": 16.267306, "relative_strength": -7.924173, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.704184, "energy": 79.595314, "activity_lines": [ 17.6864, 17.951036, 18.230852, 18.350983 ] }, { "date": "2026-03-20", "close": 17.084999, "volume": 31, "typical_volume": 4605.1, "trend": 18.352127, "fair_value": 16.276194, "relative_strength": -6.415543, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.654705, "energy": 85.598774, "activity_lines": [ 17.444666, 17.752781, 18.104719, 18.268822 ] }, { "date": "2026-03-27", "close": 16.563, "volume": 422, "typical_volume": 4413.95, "trend": 18.326493, "fair_value": 16.279277, "relative_strength": -9.689137, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.783272, "energy": 91.211228, "activity_lines": [ 17.098266, 17.489018, 17.939409, 18.153394 ] }, { "date": "2026-04-03", "close": 17.254999, "volume": 312, "typical_volume": 4427.05, "trend": 18.318693, "fair_value": 16.289657, "relative_strength": -10.128302, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.97008, "energy": 75.93601, "activity_lines": [ 17.081666, 17.3896, 17.849119, 18.084266 ] }, { "date": "2026-04-10", "close": 17.921, "volume": 191, "typical_volume": 4315.25, "trend": 18.316193, "fair_value": 16.306829, "relative_strength": -8.097358, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.012857, "energy": 48.699255, "activity_lines": [ 17.325266, 17.437, 17.829509, 18.058608 ] }, { "date": "2026-04-17", "close": 19.249001, "volume": 2157, "typical_volume": 4422.8, "trend": 18.34616, "fair_value": 16.337477, "relative_strength": -2.046582, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -6.510686, "energy": 9.617725, "activity_lines": [ 17.993667, 17.737563, 17.935719, 18.118789 ] }, { "date": "2026-04-24", "close": 19.431, "volume": 190, "typical_volume": 4158.45, "trend": 18.384427, "fair_value": 16.369369, "relative_strength": 1.47051, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.783483, "energy": 35.650562, "activity_lines": [ 18.599133, 18.050036, 18.056528, 18.188779 ] }, { "date": "2026-05-01", "close": 20.07, "volume": 1917, "typical_volume": 4247.3, "trend": 18.42066, "fair_value": 16.407131, "relative_strength": 4.764472, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.041897, "energy": 52.705373, "activity_lines": [ 19.2612, 18.454945, 18.236086, 18.297526 ] }, { "date": "2026-05-08", "close": 20.879999, "volume": 95, "typical_volume": 4238.35, "trend": 18.486893, "fair_value": 16.452311, "relative_strength": 10.076484, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 63.208287, "energy": 85.178511, "activity_lines": [ 19.959466, 18.9704, 18.486024, 18.456193 ] }, { "date": "2026-05-15", "close": 20.9925, "volume": 153, "typical_volume": 1815.4, "trend": 18.56451, "fair_value": 16.497713, "relative_strength": 10.790044, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.129831, "energy": 94.401494, "activity_lines": [ 20.453566, 19.450818, 18.735619, 18.617845 ] }, { "date": "2026-05-22", "close": 21.85, "volume": 281, "typical_volume": 1825.9, "trend": 18.649483, "fair_value": 16.550706, "relative_strength": 11.960493, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.471898, "energy": 96.696672, "activity_lines": [ 21.028733, 20.026427, 19.055836, 18.829812 ] }, { "date": "2026-05-29", "close": 22.3575, "volume": 5193, "typical_volume": 1705.2, "trend": 18.751467, "fair_value": 16.607635, "relative_strength": 14.74408, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.469955, "energy": 96.426438, "activity_lines": [ 21.599667, 20.613309, 19.40869, 19.069039 ] }, { "date": "2026-06-05", "close": 22.275, "volume": 0, "typical_volume": 1682.3, "trend": 18.878067, "fair_value": 16.662658, "relative_strength": 14.386351, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.661868, "energy": 92.955737, "activity_lines": [ 21.948, 21.089327, 19.736281, 19.296363 ] }, { "date": "2026-06-12", "close": 21.9575, "volume": 77, "typical_volume": 1527.9, "trend": 18.98405, "fair_value": 16.71357, "relative_strength": 11.320841, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.508039, "energy": 88.314706, "activity_lines": [ 22.0435, 21.403764, 20.016524, 19.495036 ] }, { "date": "2026-06-19", "close": 22.254999, "volume": 3258, "typical_volume": 1686.55, "trend": 19.133117, "fair_value": 16.766346, "relative_strength": 13.620834, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.691121, "energy": 87.978759, "activity_lines": [ 22.166333, 21.686791, 20.309445, 19.706065 ] }, { "date": "2026-06-26", "close": 21.615, "volume": 1000, "typical_volume": 1704.15, "trend": 19.231117, "fair_value": 16.812088, "relative_strength": 8.643506, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.360107, "energy": 66.273356, "activity_lines": [ 21.991666, 21.774654, 20.523843, 19.866187 ] }, { "date": "2026-07-03", "close": 22.155001, "volume": 0, "typical_volume": 1687.75, "trend": 19.336683, "fair_value": 16.862022, "relative_strength": 9.379112, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.985352, "energy": 66.311057, "activity_lines": [ 22.012667, 21.917682, 20.772855, 20.054825 ] }, { "date": "2026-07-10", "close": 22.2125, "volume": 25, "typical_volume": 923.05, "trend": 19.455433, "fair_value": 16.911563, "relative_strength": 11.274036, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.581064, "energy": 65.078697, "activity_lines": [ 22.066333, 22.021636, 21.008152, 20.240361 ] }, { "date": "2026-07-17", "close": 20.897499, "volume": 82632, "typical_volume": 5011.7, "trend": 19.533417, "fair_value": 16.948131, "relative_strength": 3.585149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.342735, "energy": 45.771566, "activity_lines": [ 21.685833, 21.847545, 21.09839, 20.333398 ] }, { "date": "2026-07-24", "close": 22.297501, "volume": 711422, "typical_volume": 40575.55, "trend": 19.654233, "fair_value": 16.996762, "relative_strength": 8.919925, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.841606, "energy": 44.523917, "activity_lines": [ 21.842667, 21.927682, 21.307345, 20.511726 ] }, { "date": "2026-07-31", "close": 20.827499, "volume": 1245486, "typical_volume": 102742.1, "trend": 19.730016, "fair_value": 17.031273, "relative_strength": 0.418788, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.222229, "energy": 24.384749, "activity_lines": [ 21.506666, 21.716818, 21.354183, 20.58742 ] }, { "date": "2026-08-07", "close": 20.889999, "volume": 214205, "typical_volume": 113450.8, "trend": 19.80295, "fair_value": 17.065726, "relative_strength": 0.352159, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.138395, "energy": 19.914012, "activity_lines": [ 21.243999, 21.535909, 21.390628, 20.662258 ] } ], "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." } } }